Edge Home Finance is currently the 3rd largest Mortgage Brokerage in the United States….
In January 2023, out of roughly 50,000 Mortgage Brokerages, Edge Home Finance was awarded The National Brokerage of the Year by AIME Group (Association of Independent Mortgage Experts). A non-profit national trade membership organization.
Kelli Phelps is the Branch Manager and Senior Mortgage Broker for this Brokerage Team. The brick-and-mortar location for this branch is in Wetumpka Alabama, moved from Broomfield Colorado in 2021. Though we work remotely in several states.
Buying a home is one of the biggest decisions you can make. We understand that which is why it is our goal to help you make the best decisions throughout that entire process.
How do we do that exactly?
We ensure that you feel confident in the choices you make during the purchase process. So, if you are a first-time home buyer, we explain how the process works from beginning to end. Then we give you as much information as you want or need along the way to make the best choices for you and your family.
Beyond that, we are always available to answer any questions and concerns you have throughout your loan process. We pride ourselves on our accessibility, so you never feel ‘out of the loop’.
The best part about working with us specifically:
Mortgage Brokers are independent, trained professionals licensed to represent you and provide you with the best advice for your mortgage needs. Once a Lender and Loan are chosen, your Broker will manage the loan process as well.
Mortgage Brokers primary expertise is locating funding for mortgage financing. They know where the best rates can be found. What’s more, they have the knowledge required to present a proposal for financing to lenders in the best way possible to successfully obtain mortgage financing.
Other than lower interest rates, why deal with a Mortgage Broker over a Bank?
Mortgage Brokers represent you, the customer, not the lender. Brokers have expertise in what type of mortgage financing each lender prefers to pursue, and because they are not employees of a lending institution, Brokers are not limited in the product they can offer you. Brokers seek out the best lender package to suit your specific situation, whether it’s with a Chartered Bank, Trust or Insurance Company, or Private Funds.
There is a wide assortment of options and features available to homebuyers today. Shopping around takes a lot of time and effort. The mortgage process within today’s very competitive marketplace intimidates many homebuyers. It pays to work with a mortgage professional who will represent you and ensure the mortgage you get is the one best suited to your needs.
How do Mortgage Brokers Find Superior Rates?
Interest rates are a concern to borrowers. Because of their daily contact with lenders, brokers know which project or home attracts a favorable interest rate from one institution, but a higher rate at another. Some institutions, in fact, will only accept mortgage submissions from mortgage brokers, so you don’t have access to these lenders without a Broker.
These rates, and preferences for types of mortgages, can change daily, depending on economic circumstances or based on the size of an institution’s portfolio in a particular type of mortgage. Your Mortgage Broker keeps current and knows which lender to approach first. As a result, mortgage rates obtained by Brokers are among the best available at the time of placement.
Get started with an Edge Home Finance Mortgage Professional.
Copyright ©2023 Edge Home Finance Corporation. All Rights Reserved. Developed by Kmarks, LLC
As prohibited by federal law, we do not engage in business practices that discriminate on the basis of race, color, religion, national origin, sex, marital status, age (provided you have the capacity to enter into a binding contract), because all or part of your income may be derived from any public assistance program, or because you have, in good faith, exercised any right under the Consumer Credit Protection Act. The federal agency that administers our compliance with these federal laws is the Federal Trade Commission, Equal Credit Opportunity, Washington, DC, 20580. Edge Home Finance Corp is licensed mortgage broker in the following states AL, AZ, CO, FL, GA, HI, IL, KS, KY, MA, MO, NC, ND, NH, OH, OK, PA, SC, TN, VA, WA and WI.
Kelli Phelps MLO is licensed in Alabama, Colorado, Florida, and Texas.
The following states require disclosure of licensing information. (If your state is not listed, it does not require a specific license disclosure):
CALIFORNIA – Licensed by the Department of Business Oversight under California Finance Lenders Law
COLORADO – Edge Home Finance Corp, 4530 W 77th St Suite 365 Edina, MN 55435, (763) 219-8484; to check the license status of your mortgage broker, visit http://www.dora.state.co.us/real-estate/index.htm
TEXAS – CONSUMERS WISHING TO FILE A COMPLAINT AGAINST A COMPANY OR A RESIDENTIAL MORTGAGE LOAN ORIGINATOR SHOULD COMPLETE AND SEND A COMPLAINT FORM TO THE TEXAS DEPARTMENT OF SAVINGS AND MORTGAGE LENDING, 2601 NORTH LAMAR, SUITE 201, AUSTIN, TEXAS 78705. COMPLAINT FORMS AND INSTRUCTIONS MAY BE OBTAINED FROM THE DEPARTMENT’S WEBSITE AT WWW.SML.TEXAS.GOV A TOLL-FREE CONSUMER HOTLINE IS AVAILABLE AT 1-877-276-5550.
See if you should refinance your mortgage. Enter the details of your current home loan along with details of a new loan to estimate your savings and see if refinancing is right for you!