Articles About Finance And Refinancing
Develop Your Domain Names
Myers Park Mortgage Acquires Fidelity Capital Mortgage Company, Gains Retail Presence in Richmond
Charlotte, NC (PRWEB) November 7, 2007 -- Myers Park Mortgage is acquiring Fidelity Capital Mortgage Company, a subsidiary of Richmond, Virginia-based Keystone Builders, for an undisclosed price.
With an annual loan volume of approximately $50 million, Fidelity generates approximately half of its business within Keystone's 20 real estate development projects in Virginia, North and South Carolina, Tennessee and Indiana. The deal gives growing Myers Park Mortgage a retail presence in Virginia, a state in which the company has conducted wholesale mortgage business for four years.
"We have been looking at markets for expansion, and the Fidelity opportunity is one that we feel will pay immediate rewards," said Charles Myers, president and founder of Myers Park Mortgage. "We've learned that small downturns in the mortgage industry represent opportunities for firms such as ours to continue smart growth and expansion."
Myers Park Mortgage plans to hire two or three additional officers in Richmond over the next few months. These numbers are in addition to the employees the firm has added in its Charlotte offices since August. Currently, Myers Park Mortgage has 60 employees and has experienced steady growth since its founding in 1992.
"We remain confident about the overall health of the mortgage industry," added Myers. "There are many opportunities such as the Fidelity one that could make sense for us. In addition, there is excellent talent in the marketplace at the moment as well."
Founded in Charlotte by Charles Myers in 1992, Myers Park Mortgage has been ranked number one in closing volume by the Charlotte Business Journal for three consecutive years. Myers Park Mortgage attracts and builds solid relationships with the very best real estate professionals, attorneys, appraisers and correspondent lenders in the business.
With three offices in Charlotte and one office in Blowing Rock, Myers Park Mortgage is the first mortgage lender in North Carolina to receive the North Carolina Association of Mortgage Professionals (NCAMP) Accredited Lender designation.
###
Other Article Sites
findabook.com moneycd.info a-mortgage.info
about-lemon-laws.info aboutstudentloans.info
all-about-publishing.info auctions-articles.info bestcollege-university.com bestispconnection.com
biblefolder.com blogger-website.com books-used.info brokers-guide.info buywindows.info cable-dsl.info
career-miner.com carpel-tunnel.info cashinaflash.info cashloanreviews.info casinobell.com chat-house.info
clearmycredit.info collegeloantips.info crones.info depression-articles.info
dirnic.net dishguides.info
divers-below.com expodog.info
financewizz.com fire-insurance.info getgood.info handleit.net
it-idea.info
health-supplies.info hosting-right.com insidealert.com insurance-facts.info jobs-employment.info
justgood.info lookgold.net
lowcost-travel.info money-source.info myhostzone.info numisblog.com
peoplesearchfinder.info pr-articles.info realeas.com
refinancing-guides.info spyware-remove.info
telelot.info the-law.info
toppaid.info travel-deals.info travelcorrect.com wedding-guide-site.com
your-blog.info your-credit.info
MORE ARTICLES:
Low Rate Home Equity Loans - Refinancing For A Shorter Term And Better Rate
Looking for a better rate is a common reason people choose to refinance their home equity loan. But did you know that shortening your loan term can save you more money than reducing rates? Combine the two and you will save yourself thousands in interest costs and trim years off your payment schedule.
Get Personal Loan, Home Loan, Car Loan after Bankruptcy at Low Rate of Interest
Do you feel your chances of getting approved for a loan after filing bankruptcy is bleak. Wait for a while, bankruptcy loan can help you even after filing for bankruptcy, getting approved for funds after a bankruptcy is not that daunting as you think.
High Interest Rates Mean Mortgage Refinancing According to GuideToLenders.com
Professional master of business administration (MBA) role models such as Kathy Giusti and Rich Fairbank provide mentorship and advice online through education sites like MBA-Business-Schools.com. Future and current MBA students can prosper from the wisdom of successful business professionals and boost their careers through invaluable learning tools and resources.
Low Interest Rate Used Car Loan Car at Simply No Cost
Introduction
Refinancing Mortgage: Low Payment And Low Interest Rates
Those seeking a financial alternatives are often caught thinking that low payment refer to low interest rates. They should be aware that low interest rates vastly differ from low payment. With this in mind, they can veer away from dubious loan agents who will rush them to a new mortgage with high interest rates and add-on fees.
A secured bad credit home mortgage loan comes with reduced interest rates
A secured bad credit home mortgage loan comes with reduced interest rates
Low Home Mortgage Interest Rate - Finding the Best Mortgage Rate
Interest rates are at an all time low, making now the perfect time to purchase a new home or refinance your existing mortgage. The interest rate you receive will depend largely on your credit rating, monthly debt, and your income.
Types of Mortgage Loans with the Lowest Interest Rate
When you're shopping and comparing for a mortgage loan there can be a lot of discrepancies between what lenders offer. Some may offer lower rates with strings attached, others can offer the same terms but with a much higher rate. Shopping around, comparing and negotiating are key skills in getting the type of mortgage loan with the lowest interest rate.
Know The Interest Rates When Financing A Loan
It has become quite common for people to finance an auto loan when purchasing an automobile these days. When it comes to buying an automobile, not many people could actually afford to pay the car with cash upfront. Because of this, some would rather choose to take out loans for a huge array of high priced essentials. Similarly, there are other loans that fall into the same category including home mortgage loans and school/college loans. Finding the best lending company or institution is something that need to be done and it is not often easy. There are many factors that need to be considered when borrowing a loan and one of the most important factors is the finance rates on the interest of the loan.
Auto Loans Low Interest Bad Credit: Car Loan without Credit Problem
Owning a car is apart from necessity enhances your status in the society as well. Driven by the urge due to either of the two reasons, you may wish to own a swanky car but are restrained by financial constraints. Going for loans is a good option but if you are a bad credit holder than a fear psychosis of exorbitant rates or being discriminated may check your advances for the quest of normal loans. This myth is now unshackling as bad creditors like you can approach for bad credit auto loans available at low interest rate. These loans are especially fabricated for people having CCJ?s, arrears, any default payment or due payments. Some facts and figure The lender is more interested in your current repaying capacity rather than seeing the ...
Credit Heaven Announces their Rate Busters Program to Slash Interest Rates for High Interest Loans and Credit Cards
The Rate Busters program is designed to achieve affordable and sustainable payments for borrowers by negotiating lower interest rates or periods of no interest on existing credit card, auto loans and mortgages. This in turn will maximize consumers' ability to reduce monthly payments, reduce debt, maintain or improve consumers' credit as well as reduce creditor's bad debt.
Interest Rate On Refinance Home Loans Explained
The interest rate issue is the main problem when one wants to refinance a home loan. This is because the costs associated with home loans are high and thus, a single point raise on the interest rate can cost thousands of dollars. There are different reasons why one may want to refinance but the interest rate is always an important variable.
Importance Of Interest Rate On Refinance Loans
The interest rate is an issue that should never be bypassed when it comes to refinance home loans. Its importance is crucial as it will determine whether you benefit from refinancing or not. Though other loan terms like loan length, loan amount, and other less important clauses should also be considered, the interest rate should be your main concern.
Refinancing Mortgage Loan - Get The Lowest Interest Rate You Can When Refinancing
Refinancing can be a very simple process. You fill out a few applications, take the best offer and you're done.
Low Interest Rate Auto Loan - Increase Chances Of Getting Approved For A Low Rate
Getting approved for an auto loan is easy. However, obtaining a low rate auto loan may be a bit more challenging. When financing any sort of merchandise, the interest rate received makes a huge difference.
