CAPITAL MORTGAGE FUNDING
THE BEST MORTGAGE BANKER
Residential mortgage bankers build relationships
as they finance home mortgages.
th an emphasis
on hard work and
personal service,
Capital Mortgage
Funding co-founders Harry
Glanz and Daniel Burke are cel-
ebrating the 10th anniversary
this spring of their
residential mortgage-
banking firm.
"As one of the
largest, independent-
ly owned mortgage
banks in southeastern
Michigan" in an
industry where con-
solidation is not
unusual, Glanz said,
"we've closed more
than $4 billion in
mortgage transac-
tions over the last 10
years."
As an accredited
Fannie Mae (FNMA)
Seller-Servicer and
FHA Direct
Endorsed Lender,
Capital Mortgage
Funding underwrites
and funds its own
transactions.
Glanz credits
Capital Mortgage
Funding's staff, many
of them longtime, for the corn-
pany's continuing success.
"We've assembled a staff that
works very well together and
with our client base," he said.
Building personal relation-
ships with clients is the No. 1
priority to Capital Mortgage
Funding. Unlike the principals
at other companies, Glanz and
Burke totally involve themselves
in the day-to-day operations.
Wi
"That allows us to give our
clients personal attention,"
Glanz said, and helps facilitate
another reason for their compa-
ny's growth: customer referrals.
"It's not unusual for us to do
mortgage transactions for entire
Jewish and hoping to buy in
Oak Park or Southfield, Glanz
and company will recommend
they contact an interest-free
loan program especially for
them. It is offered through the
Jewish Federation of
families," Glanz said.
The partners feel "a nice sense
of accomplishment," he adds, in
seeing people move up from a
home that they originally
financed with Capital Mortgage
Funding.
Perhaps the most rewarding
of the services they provide is
enabling first-time buyers to
obtain financing for a home.
When their customers are
Metropolitan Detroit's
Neighborhood Project, which
Glanz served previously as
chairman.
That kind of helpful attitude
extends to Capital Mortgage
Funding's community involve-
ment. We offer various home-
buying seminars to update the
consumer on mortgage
options," Glanz said.
Raising funds for children's
charities through their compa-
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ny's Michael Yendick Foundation
is very important to the partners.
The Foundation honors the
memory of Glanz' brother-in-law,
who died of colon cancer in
December 2000.
Because the 37-year-old
Yendick loved children,
a golf outing held in
2001 raised thousands
of dollars for them
through the Crohn's
Colitis Foundation of
America. Up to 100
children with the ail-
ments will be sent to
the Michael Yendick
Camp Adventure, July
28-Aug. 2, at Tamarack
Camps in Ortonville.
The Foundation's next
charity golf outing is
Aug. 21, again at Pine
Knob Golf Club in
Clarkston.
Glanz encourages
anyone in the market to
refinance a current
home or purchase a new
one to contact Capital
Mortgage Funding for
details on its many pro-
grams and no-obliga-
tion pre-approval.
"We are the only firm
in the area to offer Guaranteed
Mortgage Approval," he said. "If
we can't secure financing, we will
return your application fee."
Headquarters for Capital
Mortgage Funding are at 20475
W. 10 Mile Road in Southfield.
Business hours are 8:30 a.m.-5:30
p.m. weekdays. For information,
call (800) LOW-RATE or
(248) 569-7283, or visit the Web
site, www.lowrateonline.com