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Chrysler Home Mortgage Corporation
1524 VOLVO PARKWAY
CHESAPEAKE, VIRGINIA 23320
Call 800-350-8279
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Chrysler Home Mortgage, is the first choice for a Virginia mortgage. From our home base in Chesapeake Virginia, we have helped many potential homebuyers, regardless of their credit situation, obtain the home of their dreams, at a payment they can afford. We have also helped many homeowners refinance their existing mortgage and lower their monthly payments. We offer a wide variety of mortgage programs. Check out our mortgage calculator and see how much we could save you. If you want a Virginia mortgage or just want to know what the current Virginia mortgage rates are, give us a call at 800-350-8279
 
What is a Mortgage Broker?
Overview by the President of the Mortgage Brokers Association from his open letter to the Department of Housing and Urban Development, January 2005.

"Mortgage Brokers act as intermediaries between consumers and lenders when the borrower finances the purchase of a new home or refinances an existing mortgage. A typical broker maintains business relationships with various lenders enabling them to provide consumers with numerous financing options. These partnerships allow the 44,000 Mortgage Brokerage Companies employing over 360,000 employees in the United States to offer consumers the most competitive mortgage products available.

Because they have access to a variety of products, Mortgage Brokers are able to match loan programs to the financial needs of each customer. Mortgage Brokers not only assist buyers with excellent credit histories, but also those with less than perfect credit histories. The Mortgage Brokerage Industry also helps borrowers with low-to-moderate incomes find access to the credit they need to become homeowners. By advising homebuyers throughout the home financing process and delivering cost effective mortgages to consumers, Mortgage Brokers originate two out of three residential loans. As the single largest group of loan originators, Mortgage Brokers have been a significant reason behind the homeownership rate in the United States increasing to an all-time high of 68.6 percent.

The National Association of Mortgage Brokers (NAMB) is the only national trade association that exclusively represents the Mortgage Brokerage Industry. As the voice of Mortgage Brokers, NAMB speaks on behalf of more than 21,000 members in all 50 states and the District of Columbia. NAMB offers educational courses and certification programs to mortgage professionals to maintain their expertise. Since NAMB's members adhere to a strict code of ethics and best lending practices, they are expert advisors in guiding consumers through the mortgage loan origination process."
 
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