Mortgage Company - Executive Summary
EXECUTIVE SUMMARY
BUSINESS DESCRIPTION
National Mortgage has developed a unique concept of lending to people who have less than perfect credit or self-employed people who have a hard time qualifying for conventional loans. The money loaned out is typically used by borrowers to consolidate debt and can provide a source of huge savings for our clients by paying off high interest credit card debt. We charge competitive interest rates. Our customers are very ready to work with us because they have usually been turned down by one or more lenders and we can provide them peace of mind and a way to solve their credit problems. The loans are secured with a second mortgage on their property. Hours of operation are Monday through Friday, 10:00 A.M. to 7:00 P.M., and Saturday, 8:00 A.M. to 3:00 P.M. The processing center is open 8:00 A.M to 8:00 P.M., Monday through Friday, and 8:00 A.M. to 6:00 P.M. on Saturday.
CURRENT POSITION AND FUTURE OUTLOOK
The...
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