Every one in this world wants their own home to live a comfortable life. Love for a car is unavoidable. The problem is that even if you 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 career is not possible. Even if you have cash it is not advisable to spend all and be left with no money. There are numerous other situations where you need money in cash immediately to solve your problem.
There are these financial institutions which help us by lending the money on interest for a fixed period of time. Now the question arises, what is the security that borrower will repay the loan in time. If the borrower declares himself a bankrupt, how will the lender recover his money? If lender does some kind of cheating what the borrower will do.
All these insecurities spelled the need to make different laws, rules and regulations to govern all these financial transactions. Also, it forced the financial institution to secure its loan in some way.
Mortgage is a loan which is paid to the borrower against some asset of same value. It may be your property or house. The loan is to be paid in installments in a definite amount of time. If borrower fails to pay back the loan amount, the lender can recover the money by selling his asset.
There are lots of mortgage companies thriving in America. Before going for a mortgage loan it is always good to do some research on deciding which mortgage company best suits your financial condition and also, which one is offering you the best deal.
We know that it is a bit tiresome to find out the address of the mortgage companies. To ease your problem we have compiled the most comprehensive list of mortgage companies available in America. We have further grouped it into state and city wise. You can find the addresses of all the mortgage companies available in your area by a single click.
List of Mortgage Companies
Bad Credit Mortgage Companies
- Bank of America
- Wells Fargo Bank
- Golden West Financial Corporation
- Synovus Financial
Best Mortgage Companies
- Wells Fargo :- The journey of this financial giant started in 1852 and since then, it has come a long way. Today it is among the largest banks in the US and it is one of the most reputed companies in US offering mortgage services.
- Wachovia Mortgage Company :-It is another reputed company in US for mortgage services. The company offers almost every service related to banking. Wachovia has now become a part of wells Fargo.
- Countrywide Mortgage Company :- This financial institution was established in 1969. It main focus was to promote housing in USA. Now it operates in Mortgage Banking, Banking, Capital Markets, Insurance and Global Operations.
- CitiMortgage :- CitiMortgage is a member of Citigroup Company. Considered by many experts, Citigroup is a leading mortgage company world wide. It was started in 1970 in America and today, it operates in 54 countries.
- Bank of America :- It is one of the oldest banks in USA. Today it stands at number three in terms of largest bank in the country. It ranks third in mortgage services in America.