30 Emerging Companies to Watch 2021
CIO Bulletin
There are times in our lives when we are in an urgent requirement of funds. A mortgage is the best option when you can't pay the full cost at a time. Most people who buy a home mostly levearage the mortgage option. There are some cases where it perfectly makes sense to mortgage your home even though you have the money to pay it off. For example, several investors mortgage properties to free up funds for other investments. The best part of a mortgage loan is that you do not have to bequeath your property ownership and can get the loan at very low interest rates as opposed to other loans.
Founded by previous executives in retail home lending with 15 years of combined experience in the financial industry and over one billion dollars in clean and closed loans, Loan X Mortgage is a firm that ensures you receive the perfect loan for your situation. Whether you are looking for a refinance, an equity loan, or a home purchase, Loan X has all the necessary tools to service you and help you achieve your goals. It considers the clients' time very valuable and hence makes the loan process very simple yet very effective.
The inception of Loan X Mortgage
Tim Dankha, the CEO and Co-Founder of Loan X Mortgage, was a Senior Executive at a top-rated retail mortgage lender for seven years prior to starting Loan X Mortgage. He had his own concepts that he wanted to implement, so he started Loan X Mortgage with some of his partners. Now he, along with his folks, are turning this company into a national player in the mortgage industry.
Loan X Mortgage has genuine care to help clients get into better mortgage situations and accomplish their goals. Many folks who work in the mortgage industry are not knowledgeable, but the company wants to be the leader in helping clients understand each and every detail of the mortgage — not only giving them the rates and cost combination of the loan offerings. It aims to be the trustworthy go-to source for mortgages in the nation.
A range of effective loan services
Loan X Mortgage offers every loan product out there from Conventional, Jumbo, High Balance, FHA, VA, and USDA. It also does non-conforming loans for borrowers that cannot get traditional financing, offering almost everything.
Sharing the mortgage industry history, Tim Dankha, the CEO and Co-founder, says, "We have several years combined in the mortgage industry. I am a former executive at a top lender in the nation and branched off with my partners to open Loan X. We are now one of the leading brokers in the nation in multiple categories."
For making the buying of home convenient for people, he says, "We handle their mortgage product and get them the full approval so they can feel safe that they will acquire their home with no issues. We have a very advanced process that is state of the art to ensure that the client is fully approved upfront."
From an operational standpoint, Loan X Mortgage has a highly efficient and dedicated team. They make sure that every goal they set monthly or yearly all get completed within time. To achieve this, they set attainable goals with a strict firm plan in place to ensure that we execute on it and accomplish it. For letting customers choose the best mortgage plans, Tim says, "We take our time to figure out which product is best for the consumer. We have Loan Advocates here that not only here to sell a loan, but they are here to guide a client into the right direction. We are the mortgage advisor for the client."
Meet the Executive team
Tim Dankha — The President/CEO of Loan X Mortgage
Lucas Barbat — The Vice President of Loan X Mortgage
Matthew Hakim — The Vice President of Loan X Mortgage
Chris Essak — The Vice President of Loan X Mortgage
Alec Haddad — The Vice President of Loan X Mortgage
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