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, including...
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...
MortgageDepot Helping Borrowers Avoid Consequences Of Tax Lien Gap
An agreement by the three major credit reporting agencies about the information included in credit reports could result in an increase in credit scores. At MortgageDepot, we want borrowers to understand how this could affect them. Removing some judgments...
Fundamentally Changing The Face of Hard Money
Since the deregulation in 1980 “Hard Money” loans have been a accepted alternative to bank financing. With or competitors current rates from 9% to 14%, points ranging from 2% to 5% and most loans being short term bridge loans, it is obviously the last...
Introducing High Balance Nationwide! Up To $679,650 Is Conventional
Starting today every county in the country qualifies for High Balance up to $679,650 regardless of the published loan limits. Take advantage of our exclusive opportunity on conventional high balance loans to all of your borrowers – even those outside of...
Non-Prime Cash-Out Refinancing
We give our borrowers the boost they need by adding Non-Prime loans to our product mix of offerings, great for those looking to refinance higher loan balances. Cash-out gives our clients a little financial breathing room while possibly lowering their...
