The Mortgage Outlet | Mortgage Broker Long Island

The Mortgage Outlet | Mortgage Broker Long Island

We at The Mortgage Outlet understand borrower’s needs to make sense of all of the complicated processes involved in getting a mortgage to purchase or refinance your dream home.  As a Mortgage Broker on Long Island Since 1987 we understand the needs of today’s consumers. Whether you are looking to purchase or refinance you home by obtaining a reverse mortgage, conventional loan, FHA home loan or use a VA home loan we can help.  Each of these home loan programs has its own unique set of characteristics as well as pros and cons, and you need to be aware of how The Mortgage Outlet can assists you in matters that concern you home financing.

Loan Options

Do you understand the differences between a conforming loan or a non-conforming loan?  Is it better that a chose a conventional loan over a FHA home loan? Should I pay PMI or buyout the PMI payment? Do you understand your Debt to Income ratio and what loans work best for you? There are many more questions that we have answered since opening our door in 1987. We at The Mortgage Outlet understand the eligibility credit requirements for each loan, their costs, rates and terms for a wide variety of the home loan options as a Mortgage Broker on Long Island, and you might even qualify for a 100% financing should you be on active duty or be a Veteran through the VA home loan program.  FHA have many different home loan programs such as Reverse Mortgage, 203B, 203C and 203K home loan programs that many of today’s borrowers not aware of.

Why you should call The Mortgage Outlet as your Mortgage Broker on Long Island?

 The Licensed Loan Originators at The Mortgage Outlet have experienced navigating the changes in recent governmental regulations here on Long Island since the mortgage meltdown in 2008. We take the time to review all your options to help determine which home loan program best meets your financial situation. We understand all the documents our lenders will want to make your home loan process as smooth as possible 

The Mortgage Outlet was created to help walk you through the entire process from the initial application, to reviewing your financial documents, appraisal, title work and finagling helping you with your insurance before we have the closing in our offices.  See our testimonials from our past client so you can know the type of service you can expect from one of the best Mortgage Broker on Long Island. Please take the time to use our easy to complete pre-qualification form or contact one of our license loan originator’s at 631 589 3600.