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Franklin Mortgage Company

Franklin Mortgage Company was founded in 1995.  The founder, Al Teerman, has been involved with the financial industry for twelve years.   It’s motto is:  "Your Key to Creative Mortgage Solutions".  The main reason that Franklin Mortgage is "your key to creative mortgage solutions" is due to their having investors throughout the nation who provide a multitude of loan programs that Franklin uses to serve their customers.  Franklin Mortgage is a licensed lender and broker.  Franklin Mortgage has offices in Michigan, it’s homebase, and Indiana, although it provides loan solutions throughout the nation.

Franklin Mortgage’s "Personal Touch" means their employees are highly-trained to value Franklin’s customers as actual people with real financial needs – the customer is not just a number on a file.  This type of personal care along with professionalism, is what clients have come to count on from Franklin Mortgage.  It is impressive that 90% of their business is due to personal referrals.

Franklin Mortgage is a member of:  1) the National Federation of Independent Business, 2) the Michigan Mortgage Bankers Association (MMBA), and 3) the National Association of Mortgage Brokers (NAMB).  Additionally, Franklin Mortgage is a participant in several local realtor board associations and the Chamber of Commerce.

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Loans Funded by Franklin Mortgage

Since Franklin Mortgage works with investors throughout the nation, it allows them much diversity in providing customers with a loan for whatever their particular situation may be.  Franklin Mortgage provides non-conforming loans in all 50 states.  Franklin Mortgage provides accurate and rapid service to ensure their customers need are met correctly, yet quickly.  Regardless of imperfect credit or even a bankruptcy, Franklin may be able to assist consumers in unique situations.  Franklin provides on online Pre-Qualification tool.

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• Conventional Loan Programs – 15, 20, 30 Year Fixed Rates (With Rate Buydown Available).  Most Conventional loans will obtain approval within 24 hours or less.   New-100% Purchase Program
• Adjustable Rate Loan Programs (ARM) – 1, 2, 3, 5, 7, 10 Year ARM
• Second Mortgage Loans
• Equity Lines – Franklin provides many different types of equity loans; if a consumer’s credit is good, they may be able to borrow up to 125%.
• 2/1 Buydown
• Non-Conforming Loan Programs / "Bruised" Credit  – A Specialty area for Franklin Mortgage.  Includes helping customers pull out of foreclosures, Chapter 13 bankruptcy, as well as working to assist customers who have had a bankruptcy.  For A-B credit ratings, Franklin can provide 100% financing if necessary.
• No Income / No Asset Verification Loan Programs – requires a good credit score, one of the more easier loans that could be just right for a Self-Employed borrower.
• FHA / VA Loan Programs – Michigan only.  Insured by government and allows for a lower down payment; a popular program for First Time Homebuyers; can be used along with the 203K Rehabilitation Program.
• Investment Properties (10%, 20%, or 30% Down)
• Construction Loans
• Commercial Lending / Mixed Use Program

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California Mortgage Loans 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.