Getting the right home mortgage is serious business! – and Mortgage Makers Lending Corp. takes your future seriously.
We do not just represent one lender or one bank – nor are we a branch office of some company in California or New York City. We directly represent you and your loan to over 50 lenders who each have 20 to 30 different loan programs, each designed to fit different borrowers’ individual circumstances. For financing to purchase your new home, we at Mortgage Makers study all parameters of the borrower’s financial situation and the property requirements. If your credit is excellent, limited or troubled (even bankruptcy), we have the right loan program to get you the best rate and the greatest amount on your loan.
We SPECIALIZE in structuring your loan to get almost everyone a 100% loan or small down and we strive to include closing costs into the loan. So when you need help and want the very best loan, CALL one of our many professional loan officers.
We Pledge: Regardless of the work involved, we will never stop working with you until we get the very best loan that will work for your purchase.
WHO ARE "INTERNET LENDERS?"
INTERNET LOANS -- As you view the Internet you will see web page ads for many (thousands) of banks, mortgage companies and lenders. On their website they all say they can do your loan, but first they must pull your credit to determine if they can even help you. The more times your credit is pulled the lower your credit score will be. Many of these Internet lenders' ads are restricted to only one company and they have lending requirements that they never tell you about until they review your credit and your circumstances, such as:
1. What is their minimum credit score? – most Internet lenders pull 3 bureaus and require over 620 credit score!
2. Will they even consider loaning to you if you have late pays, unpaid collections or other issues?
3. What is your minimum loan amount? – many will not do loans under $100,000!
4. What loan-to-value will they loan? – most require 10% to 20% down!
5. What Debt to Income Ratios will they allow? – surely not over 50%!
6. Will they allow the self employed to have less income after all tax deductions?
7. Will they do 100% loan and after bankruptcy mortgages and even try to figure out how to help you with “creative financing?” Surely not!
Most of these lenders have only their few limited loan programs and your circumstances have to fit their programs. Often these Internet lenders are banks and mortgage companies that are just an off-shoots of big banks and usually they all do the same type conforming loans, such as Fannie Mae, Freddie Mack, FHA or VA and are not considered bad credit mortgage brokers..
If down payment and/or credit are issues with you, then Mortgage Makers Lending Corp. should be your first and only choice. We pull your credit only once and then match your circumstances to the many programs with ALL of our lenders.
Mortgage Makers is a “TRUE” mortgage broker and works with over 70 of the very best non-conforming and sub-prime lenders and can arrange the best financing for your bad credit home loan. Mortgage Makers works through some of these same lenders, but through their wholesale divisions where we often get better rates.
Mortgage Makers will match your credit and your circumstances with the lenders that will offer the best loan. We specialize in non-conforming and sub-prime loans, which give us the ability to work with lower credit scores and still work creatively to get a 100% loan with the most competive interest rates which can include a rural mortgage as well as all other required financing.