MMC Wholesale offers a broad range of residential mortgage products:
- We make good loans that meet Agency guidelines without a lot of additional requirements, called “overlays” that some lenders have
- Lending in California under MMC Wholesale and under Mortgage Management Consultants, Inc. in Alabama, Arizona, Colorado, Idaho, Nevada, Oregon, Texas, Utah and Washington State
- Purchase and Refinance loans on 1-4 unit residential property
- Owner Occupied, Second Home and Investment/Rental property
- Fixed Rate and Adjustable Rate Mortgages (ARM)
- Loan Terms from 10 to 30 years
- Fannie Mae Conventional loan programs
- HomeReady programs with extra income flexibility
- HomeStyle Renovation Conventional loans to Purchase or Refinance with funds to repair or rehabilitate in one loan
- Available for Owner Occupied, Second Home and Investment (rental) properties
- Can use HomeStyle Renovation for “luxury” improvements, like Swimming Pools and Tennis Courts
- Manufactured Homes (FHA and Conventional loans)
- FHA Loans with FICO as low as 580 (will consider exception for lower FICO with 10% down payment)
- FHA 203K Regular and Streamline loans to Purchase or Refinance with funds to repair or rehabilitate in one loan
- FHA Reverse Mortgages – AKA: HECM loans for borrowers who are at least 62 years old
- Can be for Purchase or Refinance
- VA loans with no down payment for qualified Veterans and active duty
- USDA Rural Housing with no down payment for properties in qualified areas, income and sales price limits apply
- Super Jumbo Non-Conforming loans up to $2,000,000 for loans over agency limits
And much more… Contact your MMC Wholesale representative for additional details.
