• We now offer a 40-year loan with the first 10 years as interest only, enjoy a low monthly mortgage payment!!!
(800) 535-0270
Select Page

Jumbo Mortgage

When a home buyer is looking for a large, luxury or expensive home in a high-income area, they often need to borrow a Jumbo Loan. These mortgages are much larger than the typical loan issued by government agencies Fannie Mae and Freddie Mac which currently...

read more

3.5% Down Payment for First Time Home Buyers

As the home market continues to go higher and higher, more buyers are getting into the action. While first time home buyers may feel a bit of apprehension at taking the plunge, there are some firms out there that are especially helpful.  We at...

read more

Stated Income Mortgages

Overview After the economic crisis of 2008, the mortgage rules and regulations across the industry changed quickly. At one time, there were stated income mortgage products where a potential buyer would simply have to state how much money they made without proving it...

read more

Co-op Refinance in New York

Thousands of New Yorkers live inside coop buildings. Coops tend to be cheaper than condos, and they allow residents to become a shareholder. There are tax benefits to coops as well, making them even more appealing financially. If you live in a coop, your shareholder...

read more

MortgageDepot Announcement

One of the most valuable benefits of doing business with MortgageDepot is having access to our Elite rates for your most qualified clients. To help make our relationship even stronger, we have some exciting news to share: we’ve lowered our Elite...

read more

Coop Purchase Loans in New York

How Co-op Purchase Loans and Mortgage Loans Differ In the New York City metropolitan area, certain multi-unit residential properties are owned by housing cooperatives (co-ops) rather than by real estate investors. A co-op is a corporation formed and shared by a...

read more

Turn your Fallout Loans into Closed Loans

Still striking out trying to find funding for your non-prime borrowers? There’s no reason to keep losing thousands of dollars in potential commissions when you can instead bring those investment deals to MortgageDepot. We want to help you Fund your Fall...

read more

Stated Income Residential & Commercial Properties

Stated Income Low Doc Commercial Loan ProgramLoan Amounts – $100,000 -$5,000,000LTV – up to 75% apartments, mixed use, Office, retail plaza, warehouse, self- storage, industrialMin credit score 550Terms – 3 and 5 years fixed, up to 30-year...

read more

203K Loans

While some people will purchase newer properties or properties that have recently been renovated, others may be interested in purchasing an older property or real estate that requires significant repair and maintenance work. If you fall into the latter...

read more

MortgageDepot Loan Portfolio

MortgageDepot is committed to providing loan solutions to more borrowers. That’s why we’re pleased to announce the latest guideline enhancements for three of our Portfolio Lending products. Product Enhancements Jumbo Alternative The maximum LTV for a...

read more

Commercial Program Update

****NO DCR Calculation (Debt Coverage Ratio) on Commercial Properties**** Loan amount must be less than $500,000 LTV must be 70% or less Applies to all Property Types Why is this important? DCR can severely limit loan amounts In metropolitan markets...

read more

© 2019 www.mortgagedepot.com. All Rights Reserved.
Licensed By The Following State Regulatory Agencies:
New York State Department Of Financial Services
Florida Office Of Financial Regulation.
Website Authorization By The New York State Department Of Financial Services Is Approved.
*Registered Mortgage Broker — New York State Department Of Financial Services – All Mortgage Loans Are Arranged Through Third (3rd) Party Providers’ NMLS # 1133788