US Mortgage Corporation

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Mortgage Companies

About us

US Mortgage Corporation was founded by Steven A. Milner in September 1994, as a New York State Registered Mortgage Broker serving the New York metropolitan area with its main concentration on Long Island. In 1998, the company obtained a New York State Mortgage Banking License and operated under the dba Mortgage Concepts. The company then and now primarily focused on purchase money transactions and refinances. Its loans were and continue to be negotiated through highly competent referral based Mortgage Loan Originators. While the collapse of the sub-prime market and corresponding Banking crises affected all businesses in the United States, US Mortgage was able to make it through the crises totally unscathed versus its peers and is a true survivor. US Mortgage’s critical decision to not fund even one sub-prime loan as a lender proved to be extremely insightful. In the 4Q07, US Mortgage made a paradigm shift to transform the company from a one-dimensional business serving mainly New York, to a multi-dimensional Mortgage Banking company conducting business nationwide. In that same year, US Mortgage began implementing a new expansion plan that would meet the new realities of the post sub-prime crisis Mortgage Industry. The new plan allowed US Mortgage to expand its business by obtaining Mortgage Banking licenses throughout the country. This contributed to the development and opening of full service and sales branch offices, which allowed the company to expand its sales footprint outside its existing sales territories. In addition, the company received its FHA Full Eagle approval allowing it to act as a FHA Direct Endorsed Lender, its USDA Rural Loan Approval, and VA Approval. In January 2011, the company made another strategic change to revert back to its original name, US Mortgage Corporation, thus dropping the dba Mortgage Concepts. This move was done in an effort to create a more nationally recognizable brand that is more appropriately aligned with the company’s expansion initiatives.

Business highlights

31 years of trusted experience

Services we offer

Home Financing, Refinancing, Second & Investment Mortgages, VA Loans, Home Equity Loans, Rehabilitation Loans.

Accepted payment methods

Check
Financing Available

Reviews

1.01 Reviews
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Number of StarsImage of DistributionNumber of Ratings
5
0%
4
0%
3
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2
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1
100%
Rating CategoryRating out of 5
quality
1.0
value
1.0
professionalism
1.0
responsiveness
1.0
punctuality
1.0
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SUSAN L.
11/2014
1.0
mortgage broker
  + -1 more
What a terrible experience! They lied. They cheated. They were simply incompetent at maintaining records. They did not honor the initial closing estimate. They kept changing the terms and tried to do everything verbally and avoid written commitments. When I did get written commitments for rates and costs, they reneged. The process was so stretched out that I essentially had no choice but to spend thousands more than originally planned or lose the property. I've recently obtained a mortgage for another property I recently purchased using Eagle Bank and that process was painless, honest and efficient. It just reinforced how horrible and unprofessional US Mortgage is.
Description of Work: Mortgage provider
Rating CategoryRating out of 5
quality
1.0
value
1.0
professionalism
1.0
responsiveness
1.0
punctuality
1.0
$15,000

    Contact information

    201 Old Country Rd Ste 140, Melville, NY 11747

    www.usmortgage.com

    Service hours

    Monday:
    9:00 AM - 6:00 PM
    Tuesday:
    9:00 AM - 6:00 PM
    Wednesday:
    9:00 AM - 6:00 PM
    Thursday:
    9:00 AM - 6:00 PM
    Friday:
    9:00 AM - 6:00 PM

    Licensing

    Bonded
    Insured
    State Contractor License Requirements

    All statements concerning insurance, licenses, and bonds are informational only, and are self-reported. Since insurance, licenses and bonds can expire and can be cancelled, homeowners should always check such information for themselves. To find more licensing information for your state, visit our State Contractor License Requirements page.

    *Contact business to see additional licenses.

    Service Categories

    Mortgage Companies

    FAQ

    US Mortgage Corporation is currently rated 1 overall out of 5.

    Monday: 9:00 AM - 6:00 PM

    Tuesday: 9:00 AM - 6:00 PM

    Wednesday: 9:00 AM - 6:00 PM

    Thursday: 9:00 AM - 6:00 PM

    Friday: 9:00 AM - 6:00 PM

    US Mortgage Corporation accepts the following forms of payment: Check,Financing Available
    No, US Mortgage Corporation does not offer free project estimates.
    No, US Mortgage Corporation does not offer eco-friendly accreditations.
    No, US Mortgage Corporation does not offer a senior discount.
    No, US Mortgage Corporation does not offer emergency services.
    No, US Mortgage Corporation does not offer warranties.
    US Mortgage Corporation offers the following services: Home Financing, Refinancing, Second & Investment Mortgages, VA Loans, Home Equity Loans, Rehabilitation Loans.

    Contact information

    201 Old Country Rd Ste 140, Melville, NY 11747

    www.usmortgage.com

    Service hours

    Monday:
    9:00 AM - 6:00 PM
    Tuesday:
    9:00 AM - 6:00 PM
    Wednesday:
    9:00 AM - 6:00 PM
    Thursday:
    9:00 AM - 6:00 PM
    Friday:
    9:00 AM - 6:00 PM