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Decision One Mortgage Company

Decision One Mortgage is a wholesale lender.   That means it does not fund directly to the consumer, but indirectly through a mortgage broker.  Decision One, LLC is now owned by the financial goliath HSBC Holdings through the US institution, HSBC Finance.  It began independently in 1996 and was purchased by Household International in 1999.   Household itself  joined the HSBC Group in 2003, bringing Decision One with it.  HSBC was founded in 1865 and is today the second largest bank in the world.  This gives considerable backing to Decision One Mortgage!  Decision One operates through more than 22 branches in cities nationwide, as well as through relationships with loan brokers and correspondents. They have over 1,100 employees and strive to make company goals employee goals.

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Decision One concentrates on non-conforming residential mortgage loans and debt consolidation loans.  They frequently sell the loans they fund, but will always keep the customer apprised of the sale and informed as to where his/her payment should be sent.   Through their network of brokers, Decision One funds many types of loans.  Some of them are:

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Loans Funded by Decision One Mortgage

  • Home Equity Loans
  • Home Equity Lines of Credit
  • Interest Only Loans
  • Adjustable Rate Loans
  • Full Documentation Loans  (FICO 620+)
  • Stated Documentation Loans  (FICO 640+)
  • 100% Loan to Value Mortgages
  • Refinance Mortgages
  • Rural Development Loans
  • Second Mortgage Loans
  • Debt Consolidation Loans
  • Bad Credit Mortgages
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Recent Decision One Mortgage Company News

To become a broker for Decision One is not all that difficult.  An application is sent to a branch office where it will be reviewed for preliminary approval.  It will then be forwarded to the  support office for final approval.  Once in the support office, final approval will take 5-7 business days, and then the new broker will be ready to access Decision One’s considerable resources.  As a broker one can use the online loan pricing generator and utilize the online rates sheets, matrices and guidelines.  Decision One offers a 24 hour loan approval (or denial) once the full loan package has been received by them.  An inquiry into the status of a loan will usually produce an answer within one hour, the same day at worst.   Brokers have 24/7 access.

Decision One is one of the 250 members of the National Home Equity Mortgage Association (NHEMA), the only association devoted solely to the non-conforming mortgage industry. The members of NHEMA fund approximately 80% of the non-prime mortgage loans in the US.

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Bradford Mortgage is not directly affiliated with any mortgage broker or lender and cannot make any guarantee as to the lender affiliation of any broker or agent which contacts you. Company information on our site is for informational purposes only.

 

Bradford Mortgage is not directly affiliated with any mortgage broker or lender and cannot make any guarantee as to the lender affiliation of any broker or agent which contacts you. Company information on our site is for informational purposes only.

This site is not a broker and does not collect or solicit mortgage applications. Content is for informational or comparison purposes only. Services are not available in New York. Products and services may not be available in all other states.

Loan Type
State
Zip Code
Type of Loan Rate*        APR*
5 Year ARM
5.821%
5.033%
15 Year Fixed
5.243%
5.288%
30 Year Fixed
5.729%
5.717%
Home Equity Loan
7.420%
5.740%
HELOC
6.305%
6.990%
*Rate & APR Based on The Bradford Index
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