Get the recipe of your success

MORTGAGE


Turn Your Light
Business On!

Click here

Universal American Mortgage Company

The Universal American Mortgage Company, also known as UAMC, is an US-based home loan mortgage company. The Universal American Mortgage Company is a division of legendary Lennar Financial Services. The main business activity of this US-based home loan mortgage company involves facilitation of loan, against residential property mortgaged as collateral. The Universal American Mortgage Company specializes in supporting the financing needs of Lennar home buyers. Further, UAMC also operates as Universal American Mortgage Company of California. Generally, the residential property purchased is mortgaged for a stipulated period of time, which is previously agreed upon by both the parties involved. Typically, the mortgage loan provider and the mortgage company are one and the same entity. The success rate of facilitation of home mortgage loan is as high as 98% for the UAMC. The processing of application for loan mortgage financing starts as soon as a mortgage loan application is forwarded to the Home Loan Advisor of the Universal American Mortgage Company. The Home Loan Advisor of the UAMC assesses the mortgage loan value through its meticulously built appraisal process. The parameters that are taken into to account during the process of appraisal of the home loan mortgage are as follows -
  • Credit history of the borrower
  • Loan

    repayment history of the borrower

  • Loan repaying capacity of the borrower
  • Annual income of the mortgage loan borrower
  • Status of other existing loans
  • Value of collateral mortgaged
Some of the important mortgage loan products and relevant important points associated with Universal American Mortgage Company are as follows -
  • Conventional financing schemes
  • Adjustable Rate Mortgages or ARMs
  • Interest-Only Adjustable Rate Mortgage
  • Fully amortizing Adjustable Rate Mortgage
  • FHA or VA
  • A variety of local state and bond schemes
Broward 8151 Peters Road Plantation FL 33324

Tel: (954) 475-8262

Ft Myers 10471 Six Mile Cypress Parkway Ft. Myers FL 33966

Tel: (239) 278-1235

Jacksonville 12724 Gran Bay Parkway Jacksonville FL 32258

Tel: (904) 739-4744

Melbourne Palm Bay 6798 Sutro Heights Lane Melbourne FL 32940

Tel: (321) 504-3788

Miami 730 NW 107th Ave Miami FL 33172

Tel: (305) 551-7001

Orlando 101 Southhall Lane Maitland FL 32751

Tel: (407) 682-7110

Palm Beach 1013 North State Road 7 Royal Palm Beach FL 33411

Tel: (561) 790-0202

Sarasota 551 N. Cattlemen Road Sarasota FL 34232

Tel: (941) 379-9862

Tampa 600 North Westshore Blvd. Tampa FL 33609

Tel: (813) 249-7668

Last Updated on 5/26/2011


Category: American mortgage

Similar articles: