Absolute Mortgage Company
Licensed and operating in 24 states, Absolute Mortgage Company offers conventional, Federal Housing Administration (FHA), and Veterans Administration (VA) mortgage loans for individuals purchasing or refinancing homes. The West Chester, Pennsylvania, company, with a banner proclaiming, "Your Price Leader," maintains a commitment to provide the most competitive fees and lowest interest rates, offering custom terms from five to 30 years. Founded 14 years ago by industry veteran Rick Spano, President, Absolute Mortgage Company currently closes between 300 and 500 loans per month. Mr. Spano fulfills a variety of responsibilities, including overseeing daily operations.
The company's website, AbsoluteMortgageCo.com, includes current mortgage rates for 30-, 20-, 15-, and 10-year fixed mortgages and 10-, 7-, and 5-year adjustable rate mortgages. The company offers mortgage calculators to enable borrowers to estimate monthly payments based on loan periods and interest rates. The site also includes processing and contact information, as well as customer testimonials. Visitors can apply for loans online or sign up for e-mail alerts when the interest rates go down. Potential borrowers also can ascertain whether they qualify for the Home Affordable Refinance Program (HARP) on the Absolute Mortgage website.
Absolute Mortgage Company belongs to the Pennsylvania Association of Mortgage Brokers and the National Association of Mortgage Brokers. Due to company growth, the firm intends to relocate to a larger facility, where it will add Absolute Wealth Solutions and Absolute Settlement Services to its capabilities. Ultimately, the company plans to operate all three entities nationally, providing the industry's best and most affordable services and products.