COMMITTED TO MEET YOUR NEEDS.

PURCHASES - REFINANCES - REVERSE MORTGAGES

Collateral Mortgage can help you with all of your financing needs.

Our experience includes FHA - VA - Conventional programs and Alternative Credit Programs. Competitive rates and Great Service that you deserve.

If you're a first time home buyer with Good Credit or Bruised Credit: We have many areas of financing.

Refinancing? No Closing Cost programs are available. We will find you  the program to fit Your specific need. Apply online today for a no-cost, no-obligation pre-approval! Many of our past customers return to Collateral Mortgage to assist with their new purchases and/or refinances. 

We offer Reverse Mortgages to our Customers age 62 or older. Our goal is to make the loan process as simple and worry-free as possible. We pride ourselves in offering the highest level of customer service. We appreciate the opportunity to earn your business. If you need to refinance for a lower mortgage rate, purchase a new home, receive a home equity loan or apply for a Reverse Mortgage. Our goal is simple, offer programs that will satisfy your needs.   

Get Quick and Easy Answers at Collateral Mortgage.

At our website you can find tools available to answer virtually any mortgage question. Trying to decide to refinance? Check out our Refinance Mortgage Calculator. Wondering if a new home equity loan or second mortgage can lower your monthly payments? Use our Debt Consolidation Mortgage Calculator! Confused by all the loan programs from which to choose? Call us and speak with a senior mortgage consulatant. We'll be happy to prepare a personalized mortgage quote for the home mortgage program that fits your needs.

	Mortgage News Daily MBS CLOSE: Uneventful End To Uneventful Day - 10 hours ago Posted To: MBS CommentaryThough MBS were not quite as thinly traded as treasuries (lowest volume since the first trading day of 2010), the picture wasn't much better. At least that which is at risk on low volume days--volatility due to the trading that actually happens comprising a larger portion of the total--was not present. Quite the opposite in fact, as the the same trend that began to emerge early this afternoon remained intact through the close. In MBS, the 101-07 to 101-10 range covered almost everything since 1030 AM. That's a quiet, boring day. I move a lower trendline down to 3.57 on the 10yr yield to show that we're going out today at an even lower yield level than Friday. So don't let the entire day of slightly worse readings fool you... The net effect for both markets was FLAT. And in the...(read more)Forward this article via email:  Send a copy of this story to someone you know that may want to read it. Housing Needs Job Creation. What Sort of Jobs Though? - 10 hours ago Posted To: Voice of HousingMr. O’Reilly (December 01, 2009) claims that the “new” root cause of the housing crisis is the (lack of) “jobs, jobs, jobs.” So the solution to the crisis must be (the creation of) “jobs, jobs, jobs.” I agree. But the next question is this: What sort of jobs? Consider a proposal for two, complementary jobs programs. The first is called the “Litter Scattering Brigades.” Workers are paid to strew trash along the nation’s highways. The second jobs program is called the “Litter Gathering Brigades.” Workers are paid to collect the trash strewn on the nation’s highways. The workers of the Scattering Brigade have jobs, and thus can afford a home. The workers of the Gathering Brigade have jobs, and thus can afford a home...(read more)Forward this article via email:  Send a copy of this story to someone you know that may want to read it. Centralized Lock Desks Serve as a Gate Keeper. Source of Revenue - 12 hours ago Posted To: The Garrett Watts ReportThis was the half time scene in Miami last night at Super Bowl XLIV... I am sure many watchers were thinking: Why The Who? Maybe some of us in our 60s and 70s need to be “put out to pasture” or start “whittling wood” on the front porch. However, as a boomer, I was inspired to see these guys still rocking and rolling. I enjoyed the music and hope they keep playing. Peter Townsend will go down as one of most brilliant musical writers of all time. That’s enough about The Who and dating myself. Lets’ talk about secondary market and locking loans. One of the areas we review during our FOCIS-plus Studies is whether a company has a centralized lock process. Centralizing the lock function means all lock requests and confirmations are managed by a “gate keeper”...(read more)Forward this article via email:  Send a copy of this story to someone you know that may want to read it.