About Us
So who is this upstart with the
silly name in an otherwise quite
serious business?
Mortgagefool.com is a
wholly owned subsidiary of HomeFirst
Mortgage Corp, a privately held
mortgage banker & broker (dual
licensed) headquartered in Old
Town Alexandria, Virginia and
licensed to do business in
Florida, Maryland, South Carolina, Virginia,
and the District of Columbia (and
more coming soon to a theater near
you!) Just kiddin' about the last
part, but we are growing so check
back!
HomeFirst Mortgage was incorporated
in 1992 and opened for business
early in 1993. Our loan officers
have an average of 10+ years in the
mortgage industry (doing things the
old way I might add!!) Over the last
15 years we have averaged
$250,000,000+ in annual closed loan
volume - quite a feat for a
relatively small company through
some very challenging times in the
industry!
Late in 1999, the
principles at
HomeFirst Mortgage
Corp had a
revelation. The
dot-com bust was in
full fury and online
mortgage companies
were failing as fast
as you could type in
their web address.
Traditional loan
officers smugly
voiced 'I told you so's' but we
recognized a common
theme with these
failures:
inexperienced,
unlicensed clerks
were fielding the
inquiries, not loan
officers!
(Amazingly, this
practice - using
phone clerks and not
licensed loan
officers -continues
today with mortgage
companies touting
their "new" online
presence having
learned nothing
from the mistakes of
the past). So we set
out to fix that.
MortgageFool.com,
the internet
division of
HomeFirst Mortgage
Corp, was rolled out
in March of 2000 and
was an immediate success. While
automation makes us
faster and cheaper,
our continued
reliance on the loan
officer's
relationship with
our borrowers makes
us better. We've led
the way for 17 years
with an internet
portal that is
simple to maneuver
while offering
specifically what
you seek: current
rates, excellent
mortgage calculators
and an online
application.
Look around our
site. Compare our
rates and
fees. You'll find we
can do everything
the overbearing
giants can do, only
better, and for much
less cost using
licensed, bonded loan
officers who
must pass annual
continued education
testing and criminal
background checks (Bank
loan officers do
none of this!) When
you submit your loan
application via mortgagefool.com,
you will work directly with your
loan officer throughout the entire
process. Our emphasis on the use of
technology will result in an
effortless, painless mortgage
application process for you. (Sheeeze
- did I really say that? O.K., but
it should be a little less effort
and somewhat less painful!!)
Give us a try; we're sure you'll
enjoy the experience. Your wallet
will thank you!