• Ask about our bank statement program which eliminates the use of tax returns and we just use the deposits in your bank account to calculate income.
(800) 535-0270
Select Page

Do you have too many financed properties? Having trouble getting them all refinanced?  MortgageDepot.com can Help. People today seem to have a problem obtaining financing if they own more than 4-6 properties. We have expanded our financing criteria to allow a borrower...

read more

Comparing to the FHA

We specialize in offering multiple 3% down programs as alternatives to FHA. Many of our Conventional 97% programs are often a lower payment for your client than FHA. Home Possible Advantage features reduced pricing adjustments, is not limited to first-time buyers and...

read more

Avoiding Unreimbursed Employee Expense

How many times have we seen Unreimbursed Employee Expense kill a mortgage transaction, and that’s because the unreimbursed expense needs to be subtracted from the borrowers income thus making the qualifying ratios higher and not allowing for the borrower...

read more

Update on First Time Home Buyer Program

We are constantly monitoring the marketplace to expand on niches to help our borrowers with programs that are outside the realm, we also have a responsibility to our wholesale lenders to ensure we are delivering a highly qualified loan product. With that being said,...

read more

Enhancing our Foreign National Program

We’ve enhanced our Foreign National product to be better than ever. Now we can help finance a property for those Non-US citizens the luxurious second home that they’ve got their eyes on. Normally the Foreign National programs require that the property needs to be a...

read more

W2 Transcripts Only Program Expanded

W2 TRANSCRIPTS ONLY PROGRAM – EXPANDED TO INCLUDE 620 FICO.  Now We Do Allow Construction Industry Workers on the W2 Transcript Only Program. We are well equipped with providing the right financing. W2 only Program Details Minimum Credit Score = 620...

read more

Home Buying Season Is Here: Are You Ready?

“‘Tis the season!” It’s a phrase most commonly associated with winter holidays, but there is also a season where homes are being built, bought and sold at a rapid pace. That season is now, and it’s the perfect time to connect with the team at...

read more

Great Rates and Competitive Pricing!

Processing Experience is Key – Benefit from MortgageDepot.com’s Experienced Processors It’s all about a great experience for you, you the borrower and your referral source – our FHA Processing team is staffed by highly experienced Senor Processors who are ready to...

read more

Exciting Program Updates!

We have been given a tremendous opportunity by our wholesale lenders to update our existing programs. The combination of great products, pricing, programs and support we are emerging as the go to mortgage broker in New York. We have all the standard...

read more

Purchases with no borrower’s funds option

Many people would love to buy a new home, but they think that they must save up a small fortune to use for the down payment and closing costs on a purchase. Traditionally, home buyers had to save at least 20 percent of the sales price as the down payment, but these...

read more

No Income Check Loans – Loan Amount Reduced.

MortgageDepot.com has good news for those borrowers looking to finance a property and need a smaller loan amount to do so. Previously our minimum loan amount for the No Income Check mortgage program was $100,000 and now that has been reduced to...

read more

PayOff Debt to Qualify

Effective immediately, for Conventional Conforming and High Balance/Super Conforming loans, MortgageDepot.com will follow Fannie Mae (DU) or Freddie Mac (LP) guidelines regarding payoff of revolving debt to qualify.  Revolving debt account balances may be paid off to...

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