Are you in the market for a new home or seeing to refinance your current mortgage? Look no further than Union Home Mortgage! This comprehensive guide will provide you to with everything you need to know about this reputable company and all of the loan programs they offer. From their history and current status to the application process, we’ve got you covered. So sit back, relax, and let’s dive into what makes Union, Home Mortgage stand out from the rest. Read more
What is Union Home Mortgage?
Union Home Mortgage is a mortgage lender that has been in business since 1970. They are based in Strongsville, Ohio, and have more than 150 branches across the United States. Union at Home Mortgage offers a wide variety of loan programs for both homebuyers and homeowners looking to refinance. One thing that sets Union at Home Mortgage apart from other lenders are their commitment to customer service. They strive to provide each customer with personalized attention and guidance throughout the entire loan process. Union, Home Mortgage also prides itself on its use of technology to make applying for a loan as easy as possible. Their online application platform allows customers to apply for a loan from anywhere at any time, making the process much more convenient. Union, Home Mortgage is dedicated to helping customers achieve their dreams of homeownership or financial stability through refinancing options. With their vast array of loan programs and exceptional customer service, they are certainly worth considering for your next mortgage needs. Read more
The History of Union, Home Mortgage
Union, Home Mortgage was founded in 1970 by Bernard and Jacky Dugan, who started the company as a small mortgage brokerage firm in Strongsville, Ohio. The founders had a vision of providing personalized service to their clients and building long-term relationships with them. In its early years, Union, Home Mortgage operated primarily as a conventional mortgage lender. However, as the company grew over time, it expanded its product offerings to include government-backed loans like FHA and VA mortgages. Throughout the 80s and 90s, Union at Home Mortgage continued to grow significantly by opening new branches across Ohio. In the early 2000s, the company began expanding beyond Ohio’s borders by establishing operations in Michigan and Indiana. Since then, Union Home Mortgage has grown into one of the largest independent mortgage lenders in America. Today it operates more than 150 branches across over thirty states with thousands of employees serving both retail customers and wholesale partners alike. Despite this rapid growth over the years since its founding decades ago, Union, home Mortgage remains focused on delivering personalized service that puts people first – just like when they first started out back in 1970. Read more
Union, Home Mortgage Today
Union at Home Mortgage has come a long way from its humble roots to become one of the leading mortgage lenders in the United States. Today, it continues to uphold its commitment to providing clients with exceptional service and innovative loan products. One aspect that sets Union at Home Mortgage apart is their focus on technology. They have developed an array of online tools and resources that allow clients to easily apply for loans, track their progress, and access helpful information about the home buying process. Another key feature is their team of experienced loan officers who work closely with clients to find customized solutions tailored specifically to their needs. This personal touch ensures that each client feels supported throughout the entire lending process. In addition, Union at Home Mortgage offers a wide range of loan options such as conventional loans, FHA loans, VA loans, USDA rural development loans and jumbo mortgages among others. Whether you’re a first-time homebuyer or looking for refinancing option they have something for everyone. Union, Home Mortgage’s dedication to innovation and personalized service make them an excellent choice for anyone in need of mortgage services today. Read more
The Various Loan Programs Offered by Union, Home Mortgage
Union, Home Mortgage offer a wide range of loan programs to cater to different needs and financial situations. One of its most popular loan programs is the conventional fixed-rate mortgage, which allows borrowers to lock in their interest rate for the entire term of the loan. For those who are looking for more flexibility, Union at Home Mortgage also offers adjustable-rate mortgages (ARMs), where the interest rate can vary depending on market conditions. This option may be suitable for those who plan to sell or refinance their home within a few years. VA loans are also available through Union, Home Mortgage, specifically designed for active-duty military members and veterans. These loans offer competitive interest rates and low-to-no down payment options. This type of loan may be necessary for high-cost areas or individuals seeking larger property purchases. With so many ideas available at Union, Home Mortgage, potential borrowers can find a program that meets their unique needs while receiving guidance from knowledgeable professionals along the way.
Applying for a Loan with Union, Home Mortgage
Applying for a loan with Union, Home Mortgage is a straightforward process. The first step is to gather all necessary documents such as income verification, bank statements, and tax returns. Next, you can either apply online or visit one of the many branches located throughout the country. This application will requires personal information such as your name, address, and social security number. Once your application is added, a loan officer will review it and may be request additional documentation if needed. From there, they will determine whether or not are you able for a loan based on factors such as credit score and debt-to-income ratio. If approved for a loan from Union Home at Mortgage, you will receive an offer outlining the terms and conditions of the mortgage. It’s important to carefully read through this document before accepting to ensure that you fully understand what is expected of you. Applying for a loan with Union, Home Mortgage is an easy process that can be complete in person or online. With their various loan programs available and knowledgeable staff ready to assist at every step along the way – it’s no wonder why so many people trust them when making their biggest investment yet!
FAQs about Union at Home Mortgage
Are you considering applying for a loan with Union, Home Mortgage? Here are some frequently asked question that could help you make an informed decision. What types of loans does Union, Home Mortgage offer? Union at Home Mortgage offers various loan programs, including conventional loans, FHA loans, VA loans, USDA loans, jumbo loans and renovation loans. What is the minimum credit score require to qualify for a loan with Union, Home Mortgage? The minimum credit score required varies depending on the type of loan program. However, most loan programs require a minimum credit score of 620.How long does it take to process a mortgage application with Union, Home Mortgage? The processing time varies depending on the complexity of the application and other factors such as documentation issues. However, on average, it takes around 30-45 days from application submission to closing. Does Union, Home Mortgage offer online account management tools? Yes! Once your mortgage is approved and funded by UHM, you can create an account through their website or mobile app where you can manage your payments and view important information related to your mortgage. Can I make extra payments towards my principal balance without penalty? Yes! Unlike some lenders who charge prepayment penalties for early payoff or additional principal payments during the life of the loan; UHM does not have any prepayment penalties attached to its mortgages! in summary…These are just some FAQs about Union, Home Mortgage that potential borrowers might find useful before deciding whether this lender fits their needs best.
Conclusion
Union Home Mortgage is a reliable and trustworthy mortgage company that offers various loan programs to cater the specific needs of its clients. With its long-standing history in the industry, it has proven itself as a reputable institution that values customer satisfaction and provides excellent service. Whether you are a first-time homebuyer or looking to refinance your existing mortgage, Union at Home Mortgage can help make your homeownership dreams come true. By exploring their website or contacting one of their loan officers directly, you can gain access to valuable information on how they can assist you with your home financing needs. Furthermore, if you work with Union, Home Mortgage for all your lending needs, they will provide personalized attention throughout every step of the process. You’ll have peace of mind knowing that experts are guiding you through each stage from application submission until closing day. Union, Home Mortgage is worth considering when searching for a lender who offers flexible options and exceptional service standards.
