Aurora Loan Services is a Lehman Brothers Company. It operates in securities business for more than 150 years. A subsidiary of investment bank and brokerage Lehman Brothers through that company’s Lehman Brothers Bancorp unit, Aurora Loan Services originates prime and subprime residential mortgage loans through wholesale and correspondent channels. It services the loans as well.
The company also buys mortgages originated by other mortgage bankers, banks, and credit unions. Lehman Brothers plans to merge another of its mortgage lending units, BNC Mortgage inc., which originates subprime residential loans, with Aurora Loan Services.
Aurora Loan Services Ltd. works in the field of origination of residential mortgage loan and supports non-conforming programs that permit to meet clients’ needs nationwide. Company provides clients with innovative products.
If you choose Aurora Loan, they will help you to find best refinance home mortgage loan rate and boat loan rates. They offer1st and 2nd mortgages with terms from 10 to 30 years.
- guarantee your rate for 5 years
- no points and application fees.
- no prepayment penalty.
- closing costs generally range from $200 to $800.
