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Home > Search UMB's > Action Mortgage, LLC
Joshua Wolf
Contact Information

Action Mortgage, LLC
4800 Hampden Lane #200
Bethesda, Maryland 20814

301.585.8500 x107 [phone]
[email protected]
http://www.amtexas.com

 
Organization Affiliation

Action Mortgage, LLC has been in business since 1991 and under present ownership since 2001. We work with customers throughout Texas, Maryland and the District of Columbia.


Contract With Client

Action Mortgage uses the published UMB contract upon request.


Technology Employed

Customers may submit applications online,  via e-mail, or via fax.


Locking Procedures

Action Mortgage may lock a loan at a customer's request upon submission of a loan application. The customer may then opt to receive a copy of the lock confirmation.


Third Party Fees
Action Mortgage receives no compensation beyond its negotiated mortgage broker fee discussed in the Broker Fees section.

Financing charges typically paid to third parties by the borrower include:
-Lenders Title Insurance
-Title Services
-Wholesale Lender Underwriting
-Appraisal
-Credit Report
-Documentation Preparation
-Mortgage Recording
-Tax Service
-Flood Certification

Broker Fees
A Mortgage Broker Fee is negotiated between the customer and Action Mortgage at the start of the trasnaction.

Payment of the Mortgage Broker Fee at closing may be "Borrower Paid" or "Lender Paid". In a "Borrower Paid" transaction, the customer pays Action Mortgage out of pocket at closing. In a "lender paid" transaction, the wholesale lender pays Action Mortgage at closing. In either situation, the amount Action Mortgage receives will not deviate from the amount negotiated upfront.

Bio
Mr. Wolf is a mortgage broker and owner of Action Mortgage. He brings over 18 years of experience in the financial services industry. He has performed in a variety of commercial and investment banking roles with the energy sector coverage groups at Mizuho Corporate Bank (USA), ABN AMRO NV, and Credit Lyonnais. He graduated from the Goizuetta Business School at Emory University in 1992 with a B.B.A. Mr. Wolf holds both the Chartered Financial Analyst (CFA) and the Certified Treasury Professional (CTP) designations.


Action Mortgage, LLC
4800 Hampden Lane #200
Bethesda, Maryland 20814

301.585.8500 x107 [phone]
[email protected]
http://www.amtexas.com