Welcome to My NEW HD Video Blog! - The New Mortgage Market - What You Should Know!

Welcome to my NEW HD Video Blog!

For those of us that have been in the mortgage origination business as long as we have here at Dundee Mortgage Services, the changes that have come to our industry over the last year have truly amazed us. No longer can you show up at the doorstep of a mortgage lender and simply sign an application and be approved for a mortgage. No longer can you make the assumption that if you have a stable job and a reasonable credit history that there will be a financing vehicle available to you for the home you currently own or would like to purchase. Those were assumptions that our industry made until very recently.

Now more than ever, consumers in the market for a mortgage need a company that understands this. The upheaval that this economy has endured due in large part to the collapse of the mortgage financing industry has caused our business to entirely remake itself, and the changes have been dramatic. Now more than ever, consumers need the experience, integrity and organizational skill that very few companies can offer. We saw the need to change the way a mortgage is delivered to the marketplace, and almost two years ago, Dundee Mortgage Services was created to address the new process of what originating mortgages has become – just as we predicted.

Why us? What makes us different?

Plenty. Let’s start with our ability to offer every loan program on the market today. FHA, VA, Conforming Conventional and USDA Rural Development loans are all here, and we have the ability to shop multiple lenders for each product. Larger institutions generally offer these products with their own set of underwriting guidelines and do not choose to offer the same products with competing lenders. We can look at many sources for the same loan product, and in today’s restrictive lending environment, this can prove to be an invaluable asset for you and your mortgage originator to have.

Secondly, we have a loan program that is unique in the Conventional Conforming loan world today. This product is offered exclusively by Dundee Mortgage Services in the Omaha market, and what we like about it most is our ability to underwrite the file right here with our own people. This takes mortgage lending back to what it was during the days of stable lending practices – a manual process that takes into account all factors important in making a sound lending decision – not simply what the borrower’s credit score happens to be that day. This approach to lending is good for both the lending institution and the borrower. We offer competitive interest rates, low fees and the ability to make your mortgage payment right here. If there is a question about anything at all that has to do with the mortgage, you can get your answers from the people that originated it since we do not sell the servicing of these particular loans.

Third and possibly most important is the experience and integrity that our team brings to the process. Taken collectively, we have over sixty-five years of experience originating mortgages of all types, an asset that is very hard to duplicate in any company dedicated exclusively to originating mortgage loans. This proved to be of the utmost importance as our industry changed drastically over the last two years because it gave us the knowledge base to fall back on as we re-created the company and positioned it for the future. No where in the market will you find a group of individuals that keep the interests of the borrower more front and center than here at Dundee Mortgage.

The next time you’re in the market for a real estate loan of any kind, you owe it to yourself to contact us at 402.301.4500 or twilliams@dundeebanking.com and experience the way we do business. We guarantee you’ll be impressed.