Top mortgage companies in The United States

I have decided to write an article about the top 5 mortgage companies in the US just to give people an idea of where they could come to when thinking of availing to any form of mortgage loans. The good thing about financing your mortgage with a bank is that the only one who know about your mortgage interest and how much you owe is your bank.

The top 5 mortgage companies found in this article were the ones declared by the Forbes magazine to be the top lenders in the united states:

1.       Bank of America

2.       Citigroup

3.       Wells Fargo bank

4.       Wachovia bank and

5.       Amerisave mortgage

These banks gained their spots because they were known the ones recommended by the consumers. They were able to deliver mortgage when consumers need it without unnecessarily marking up their mortgage interest rate and provided them with favorable terms on every loan.

It is understandable that everyone of us wants a home we can call our own and that our love for cars is unavoidable. The problem starts when we start to earn good amount of money and we tend to put all of our cash into a home or a car leaving not a single dollar because we are thinking that we will be able to pay for both mortgage and car loans. This is wrong because even if we have started earning a good amount of money and capable of maintaining a house or a car, plenty of cash money at the start of a career is not possible. It is not advisable to spend all of your cash and be left with nothing.

But if you really are assured that you can afford to avail of a mortgage loan for nolensville Tennessee Real Estate, I’d like you first to understand what a mortgage is and read the short discussion of each of the top mortgage companies  listed above. Now, a mortgage is a loan which the borrower (you) pays monthly to the borrower against some asset of the same value. That “asset “ is most of the time used to refer to the “home” the borrower gets.

1.       Bank of America. This bank is one of the oldest banks in the United States. It has been offering mortgage loans for so many years already including cool springs Tennessee Real Estate investment..

2.       citiMortgage of Citigroup. This bank was started in the United states in 1970 and since then, it has expanded to over 54 countries worldwide. It is known as one of the leading mortgage companies all over the world!

3.       Wells Fargo. This company was started in 1852 and now it became one of the largest banks in the united states and is known to be one of the best mortgage services providing company.

4.       Wachovia bank. Wells Fargo takes over this large mortgage company. It is one of the leading mortgage companies in the US.

5.       And last but not the least is the Amerisave Mortgage Corporation. It is known as  one of the largest mortgage lenders in the US.