Monday, March 11, 2013

WEI Mortgage Corporation: Secure, Honest, and Growing


In a time when a significant portion of the American population may construe “mortgage lender” as dirty words, WEI Mortgage Corporation stands out as an example of an honest Equal Housing Lender. The company, based in Rockville, Maryland, lends conservatively. The approach may produce fewer loans, but the lender’s goal is to build long-term relationships, handling clients’ mortgage loans as their families grow and they refinance or buy new homes. WEI Mortgage Corporation began serving borrowers in the Washington, D.C., metropolitan area in 2002 and now holds licenses to operate in nearly 40 states.

Loan options at WEI include Freddie Mac products; United States Government lending programs through the Veterans Administration, the Federal Housing Authority, and other agencies; reverse mortgages; prime A paper loans; and jumbo and high-balance agency fixed-rate products aggressively priced. In 2011, WEI introduced custom-term mortgages for qualified borrowers. For instance, a borrower may hold a fixed-rate 30-year mortgage with 21 years left to pay. WEI will refinance the 21 years at the current low interest rate, significantly reducing the interest paid for the life of the loan. To facilitate its services, growth, and market awareness, the firm maintains strategic alliances with industry professionals, such as mortgage brokers, financial consultants, institutional investors, builders and developers, and third-party vendors.

WEI Mortgage Corporation safeguards customers’ information, constantly improving the privacy and security elements of its network systems. The company also monitors its proprietary technology constantly to keep up with the ever-changing security risks. A member in good standing of the Mortgage Bankers Association and the Better Business Bureau, WEI received a 2010 Quality Lender Award from a top institutional investor and recognition as a model lender in Maryland, where company officials appeared on local television.

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