Upfront Mortgage Brokers(r) (UMBs)
Mortgage Library: Types of Mortgage Lenders: Upfront Mortgage Brokers(r) (UMBs)
| The Upfront Mortgage Broker (r) program was created by Jack Guttentag, the nationally syndicated columnist and well-known expert on mortgage loans, as a result
of his experience as a mortgage advisor to consumers. Please visit his website for more
information on UMBs (and other mortgage-related topics).
Upfront Mortgage Brokers (r) adhere to the guarantees laid out in the Commitment of an Upfront Mortgage Broker. The Upfront Mortgage Brokers Association (UMBA, www.upfrontmortgagebrokers.org), a non-profit organization created by Jack Guttentag, is responsible for making sure that these guarantees are adhered to by their members. One of the main purposes of the UMBA is '... the protection of the public from exorbitant overcharging and bait and switch tactics that are all too common in the mortgage industry ...'.
The { Upfront Mortgage Broker (r) } link is only given to our Mortgage Lender Directory members who belong to the Upfront Mortgage Brokers Association (UMBA).
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