FHA Loan Limits in New York
The FHA will back any mortgage loan known as the FHA loans. These loans are characterized by a small down payment and minimal credit requirements when compared to traditional mortgages. An FHA mortgage has an upper limit for the mortgage, which is specific...
Mortgage Depot Welcomes Tariq Bailey To Our Team
Mortgage Depot welcomes our newest Mortgage Loan Officer Tariq Bailey. With a decade worth of experience, he has expertly managed the mortgage process and advised his clients which mortgage options that best benefit their specific financial needs. He...
It’s Time to Plan Ahead on New Construction
We help clients get a head start on all their new construction projects before the season is over! Now’s one of the best times for your clients to build so that their investment properties are ready by spring or summer! The markets will warm up quickly...
Mortgage Depot Bronze Sponsor
MortgageDepot is proud to have been a Bronze sponsor for the Fall 2018 Real Estate Summit recently held at the Westin Hotel Times Square in the heart of New York City. We are committed to the professional growth of real estate professionals everywhere and...
MortgageDepot has the solution for borrowers with a short sale history
MortageDepot wants real estate professionals to know that home buyers with a short sale on their credit reports can qualify for financing to purchase a home. MortgageDepot is a mortgage broker with loan officers specializing in working with all borrowers,...
Introducing 100% Financing – Cross-Collateral Program
MortgageDepot recognizes that financing the purchase of a property based on the sale of another can be a challenge in this competitive sellers' market. We offer a cross-collateralization financing option to achieve higher LTVs. It allows borrowers to...
Jumbo Financing for Non-Warrantable Condos
We are pleased to announce that we now offer financing for non-warrantable condos on jumbo loans. So, if you are in the market to purchase a condo or refinance an existing condo unit that does not meet Fannie Mae or Freddie Mac guidelines than you've come...
Home Equity Refinance
The mortgage professionals at MortgageDepot don’t want homeowners to be shocked when the time comes to file 2018 federal income tax returns. The interest deduction people routinely take each year could be a thing of the past. The new tax law could end up...
MortgageDepot lowers the cost of financing a home
The closing costs associated with purchasing or refinancing a home can really add up, but we don’t believe it has to be that way. At MortgageDepot.com, we’ve reduced our underwriting fee to only $399 instead of the $1,500 charged by some lenders and...
Fix and Flip
Flipping an investment property? Here’s what you need to know. So, you’ve been inspired by Chip and Joanna and have decided to find your very own fixer upper to flip as an investment. You’re not alone. The boom in home makeover shows has inspired a new...
