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ALG's Company News...
The Volatile, Greedy World Of
Money
As a successful mortgage brokerage, we strive
to offer our clients the best mortgage scenarios possible.
Of course, mortgages are bought, sold and paid for using
somebody else's cash for the most part. That means those
"somebodies" are looking for an edge to make
as much as possible off the "little guy"...that
would be you, the client. This of course leads to greed,
which in turn causes an unethical action.
This is where ALG Mortgage - the Broekrage
steps in and acts as your representative and defense
against the Dark Arts! All of our employees, Loan Officers
and Processors agree that ethics and principals take
the front seat - without exception.

The Changing Mortgage Market
The mortgage industry began going through some
changes during the first quarter of 2007, with lenders
and banks pulling back - or completely out of the non-conforming
market, also known as "sub-prime". Several
lenders and banks have closed their doors because of
poor decisions made during the peak of the Zero-Down
mortgage boom. This has put the lending industry into
somewhat of a panic, with a large percentage no longer
offering aggressive Zero-Down mortgages, and virtually
all of the remaining ones raising their minimum credit
score requirements.
This has made it tough for some folks
to qualify for Zero-Down mortgages, but we at ALG
Mortgage will always have aggressive Zero-Down mortgages!
You can count on ALG Mortgage to be on top of these
changes.

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