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"Your Smoothest Path to Mortgage: Expertise Made Friendly"


At MC Mortgage, we bring a new and friendly perspective to mortgage guidance. Our mission is straightforward: we're here to assist you in finding the ideal mortgage and insurance solutions.

Unlike certain banks, building societies, and other mortgage brokers, we go the extra mile by visiting you in the comfort of your home, at a time convenient for you. We'll diligently explore various mortgage options to discover the one that fits you best, and the best part is, we don't charge a fee for your initial appointment. We're here to assist you in all sorts of situations! 😊

A mobile home loan is a type of financing designed specifically for the purchase or refinance of a mobile home, also known as a manufactured home. Mobile homes are prefabricated structures that are built in a factory and then transported to a specific location, often placed on a permanent or semi-permanent foundation.

A construction loan, also known as a self-build loan or construction mortgage, is a type of short-term loan designed to finance the construction of a new home or major renovations to an existing property. Unlike a traditional mortgage, which provides funds to purchase an existing home, a construction loan provides the funds necessary to build a new home or make significant improvements to an existing one. Here are the key features of a construction loan:

Commercial loans are financial products that are designed for businesses and commercial purposes, rather than for personal use. These loans are typically used by businesses to fund various aspects of their operations, including expansion, purchasing real estate, working capital, equipment acquisition, and other business-related expenses. Commercial loans come in various forms to cater to different business needs. Here are some common types of commercial loans

A jumbo loan is a type of mortgage loan that exceeds the conforming loan limits set by the Federal Housing Finance Agency (FHFA). Conforming loan limits are the maximum loan amounts that government-sponsored entities like Fannie Mae and Freddie Mac can purchase or guarantee. Any mortgage loan that exceeds these limits is considered a jumbo loan.

An ITIN loan is a type of loan available to individuals who do not have a Social Security Number (SSN) but have an Individual Taxpayer Identification Number (ITIN). ITINs are issued by the Internal Revenue Service (IRS) to individuals who are required to pay U.S. taxes but are not eligible for an SSN, which is typically the case for non-U.S. citizens and resident aliens who do not meet the necessary SSN requirements.

A second mortgage, also known as a second lien, or junior mortgage, is a loan secured by a property's equity, where the borrower already has an existing first mortgage in place. In the event of default and foreclosure, the first mortgage takes priority in terms of repayment, while the second mortgage is secondary or subordinate to the first mortgage. Here are some key points to understand about second mortgages:

An FHA loan is a mortgage loan that is insured by the Federal Housing Administration (FHA), a branch of the U.S. Department of Housing and Urban Development (HUD). These loans are designed to make homeownership more accessible to a wider range of individuals and families, particularly those with lower credit scores or smaller down payments. FHA loans are popular among first-time homebuyers and those who may not qualify for conventional mortgages due to more stringent requirements.

A VA loan is a mortgage loan program designed specifically for veterans, active-duty service members, and certain eligible members of the National Guard and Reserves, as well as some surviving spouses of deceased veterans. It is a government-backed loan program that provides eligible borrowers with several benefits and advantages for purchasing or refinancing a home. Here are key features and benefits of VA loans:

A reverse mortgage, also known as a Home Equity Conversion Mortgage (HECM), is a financial product that allows homeowners, typically senior citizens aged 62 or older, to convert a portion of their home equity into tax-free income without having to sell their home or make monthly mortgage payments. Reverse mortgages are designed to help seniors supplement their retirement income, pay for medical expenses, make home improvements, or cover other financial needs.

VOE refers to verification of employment (VOE). VOE loan program does not require Borrowers to provide Tax Returns or W2 or Pay Stubs. In a VOE loan program, the lender will verify the employment and income of the borrower to assess their ability to repay the loan. This is a standard practice in the mortgage industry to ensure that borrowers have a stable source of income.

A "P&L loan program" typically refers to a type of mortgage or loan program that allows borrowers to qualify for a loan based on their profit and loss (P&L) statement or business cash flow, rather than traditional income documentation such as tax returns or 1099/W-2 forms. These programs are often used by self-employed individuals, business owners, or those with variable income who may not have the conventional documentation required for traditional mortgage loans.

A "12 months bank statements loan program" refers to a specific type of mortgage or loan program where a borrower's bank statements over a 12-month period are used to verify income and determine their eligibility for a loan. This program is often used for self-employed individuals or those with non-traditional sources of income who may have difficulty providing conventional income documentation, such as tax returns or 1099/W2 forms.

A foreign national loan program is a specialized mortgage program designed to provide financing to foreign nationals who wish to purchase property in the United States. Documentation: Foreign national borrowers are typically required to provide specific documentation, such as a valid passport, visa, and bank statements to demonstrate their financial stability and ability to repay the loan.

No-docs shorts for no-documentation were a type of mortgage loan that gained popularity in the early 2000s during the housing boom in the United States. These loans were designed to simplify and expedite the mortgage application process by requiring little to no documentation of the borrower's income, assets, or employment. No-docs loans are sometimes referred to as "no-ratio" or "low-doc" loans.

Asset levels in the verified accounts are expected to be consistent and sustained over the three (3) month period. Increases or decreases greater than 15% over the three (3) months period must be explained by the borrower. Additional supporting documentation may be required.

If you have $2Mil in your bank accounts. You use $500K for down payment, you have $1.5Mil balance in your bank account after down payment, lender will lend you up to $1.5Mil loan amount.

Fix and flip loans, also known as "fix and flip financing" or "rehabilitation loans," are a type of short-term real estate loan designed for real estate investors who want to purchase and renovate a property with the intention of selling it (flipping) for a profit. These loans are a popular financing option for individuals or businesses involved in real estate investment, especially when dealing with distressed or outdated properties in need of repair or renovation.

A private money loan, also known as a private loan or private mortgage, is a type of loan provided by individuals or private entities (rather than traditional financial institutions like banks or credit unions) to borrowers in need of financing for various purposes. These loans are typically used in real estate transactions, small business ventures, or other investment opportunities. Private money loans are often considered when borrowers have difficulty obtaining financing through traditional channels due to factors like credit history, property condition, or the need for a quick approval process.

Down payment assistance (DPA) loan programs for first-time homebuyers are initiatives designed to help individuals or families purchase their first homes by providing financial assistance to cover a portion of the down payment and, in some cases, closing costs. These programs aim to make homeownership more accessible, especially for those who may not have sufficient savings to cover the initial costs of buying a home. The specific terms and eligibility criteria for DPA programs can vary by location, so it's important to check with local and state housing authorities, nonprofits, and lenders for the most up-to-date information. Here are some key features and considerations for DPA loan programs:

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