About Us
Consumers
Mortgage was incorporated in 1986 as a Direct Lender. This means that
Consumers Mortgage is one of very few on-line lenders that will not
charge you a broker fee! Since 1986, we've closed loans for thousands
of satisfied customers and pioneered several new loan programs.
Recognized by CNN affiliates as the "Author of the No-Cost Loan",
Consumers Mortgage Corporation is one of the first companies in the
Midwest to offer a true no-cost mortgage with no pre-payment penalty
and no hidden fees, coupled with an interest rate that can only go DOWN! Consumers Mortgage was also recognized as the creator of "The Blend Mortgage".
This program allows consumers to avoid paying Private Mortgage
Insurance with as little as 5% down. With innovative programs such as
these, Consumers Mortgage Corporation has become nationally known as a
creative leader in the mortgage banking industry.
Today,
Consumers Mortgage Corporation has embraced the benefits of laptop
origination, automated underwriting, and the Internet to become one of
the industry's most creative and comprehensive mortgage lending
operations. With a menu of loan programs that can't be beat Consumers
Mortgage Corporation is the right lender for you!
Products and Benefits Highlights
No Cost Loans
(Unlike other lenders, there is literally no cost and no pre-payment penalty)
Zero Down
10% Down with No PMI
Low Rates
24 Hour loan approvals on eligible loans
FHA direct endorsed in-house underwriting
VA automatic in-house underwriting
Conventional delegated in-house underwriting
Automated loan approvals
Loans up to $1,000,000
Portfolio loan programs
Fast Closings
Experienced Customer Support Staff
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