Question:  What is a Mortgage Broker?
Answer: 
                            A mortgage broker is an independent real estate
                            financing professional who specializes in the
                            origination of residential and/or commercial
                            mortgages. Mortgage brokers normally pass on the
                            actual funding and servicing of loans to capital
                            sources who act as loan "wholesalers."

  Question:  Why should I choose a mortgage broker?
Answer:
                           Over 50% of Americans do because of their expertise
                            in the complex mortgage lending process. The broker
                            offers the consumer extensive choices and access to
                            affordable home loans while balancing the consumer's
                            financial interests and goals. They offer choice,
                            convenience and expertise.

Question:  Have more Americans been able to buy    
                  homes because of mortgage brokers?
Answer:
                            Absolutely! They have pioneered the credit market,
                            using innovative loan packages to allow low to
                            moderate income borrowers, with less than prefect
                            credit histories, to start enjoying the benefits of
                            home-ownership.

Question:  When should I start looking for a mortgage and
                  what are the benefits?
Answer: 
                            Many people are surprised to learn that the best time
                            to look for a mortgage is before you look for a house.

                            At Effective Mortgage Company, we offer two
                            valuable steps which helps make your home search a
                            little easier.

                            Pre-Qualification

                            Pre-Qualification consists of a verbal or written
                            statement of the maximum amount of mortgage you
                            should be able to receive based on the financial
                            information you've provided. This helps you and your
                            real estate agent narrow your home search to houses
                            available in your price range.

                   Pre-Approval

                            A Mortgage Pre-Approval is a formal letter from your
                            lender which indicates to a seller and his or her real
                            estate agent that you have had your credit reviewed
                            and are "credit worthy." It also shows that you have
                            been approved up to a certain loan amount.

                            There are other benefits as well. Your offer to buy can
                            be taken more seriously once you have finally found
                            your dream home. Many offers today are made with
                            contingencies, such as mortgage qualification, the
                            sale of another dwelling, etc. When you indicate to the
                            seller of the home you want that you have been
                            "pre-approved" for a mortgage, your offer becomes
                            more attractive. The seller  knows that it's likely that a
                            sale to you will "go through" and not result in costly and
                            inconvenient delays.

Question:  Do mortgage brokers really care
                  about the quality of the loan itself?
Answer:
                            Of course. The safety and soundness of the mortgage
                            lending community is directly linked to the success
                            and integrity of its home loan originations.
                           
                            Brokers are regulated by several federal laws and
                            regulations and dozens of state laws and licensing
                            boards. NAMB supports reasonable and fair
                            state/federal regulation of mortgage brokers and
                            lenders.

                            Effective Mortgage Company is committed to get you
                            the best loan program at competitive rates.  We will
                            handle all the complicated shopping through our
                            network of premier national lenders. Our reputation is
                            at stake. We are personable and we care about our
                            customers. We want to be your mortgage
                            professionals for life!