Loan One Mortgage

Established in 2007. Loan One is an independent lender that can help if you are buying a new home, refinancing, renovating or simply want a second opinion. We offer the best of both worlds - the low rates of a mortgage broker and low fees of a local bank. We offer a "true cost" comparison, and are able to close most loans in less than 15 days for m... ost files. Loan One Mortgage Co. was incorporated in April 2007, after its acquisition of Excel Financial Services, a mortgage brokerage firm that served Wilmington, Ohio for 15 years. With customer service at its core, Loan One began its first loan to the public in April 2008. Shortly thereafter, based on its principles and sound underwriting, Loan One became approved by HUD as a Non-Supervised Mortgagee able to make FHA loans to customers in 10 states: South Carolina, Maryland, Washington DC, Tennessee, New Mexico, Texas, Indiana, Ohio, Kentucky and Connecticut. In late 2008, Loan One became a conventional delegated lender, which has the capability to underwrite, approve and fund its own loans for several large banks, making the low priced loans more profitable and affordable, which kept the costs to the consumer at levels that were much more competitive than that of larger banks.Read More