31 episodes

Home equity has proven to be one of the strongest ways for families to build and pass on intergenerational wealth and MKG Enterprises Corp Mortgage Brokerage NLMS 1370394 is committed to guiding clients through the mortgage process while promoting equal and fair access to homeownership.

Mortgage Broker Advisors Podcast MKG Enterprises Corp Third-Party Originator NLMS 1370494

    • Education

Home equity has proven to be one of the strongest ways for families to build and pass on intergenerational wealth and MKG Enterprises Corp Mortgage Brokerage NLMS 1370394 is committed to guiding clients through the mortgage process while promoting equal and fair access to homeownership.

    Real Estate Referral Agent Benefit from a maximum agent referral of up to $10,000 per transaction

    Real Estate Referral Agent Benefit from a maximum agent referral of up to $10,000 per transaction

    "Maximize Your Income as a Real Estate Referral Agent: Join Our Realtor Agent Referral Program Today!"
    Are you a licensed real estate professional seeking to enhance your earnings? Our exclusive Real Estate Referral Agent Program offers an excellent opportunity to earn additional income through real estate referrals that successfully close escrow.

    **Maximum Referral Reward**: Benefit from a maximum agent referral of up to $10,000 per transaction, offering significant earnings for your referrals.


    https://bit.ly/3SJtX81

    • 3 min
    One-Time Close New Construction Loan

    One-Time Close New Construction Loan

    One closing! Which means one interest rate (with the option to modify down if the market improves), one down payment, one full credit report to order and one approval.
    Eligible on 15-and 30-year fixed conventional and high balance loans and 7- and 10-year ARMs
    Available on primary, second and investment property purchases and rate/term refinances
    700+ FICO, up to 95% LTV
    11-month maximum build period with 1-month modification period
    Loan amounts up to the conforming loan limits
    $726,200 for regular one-unit loans (increased from $647,200 in 2022)
    $1,089,300 for one-unit high-balance loans (increased from $970,800 in 2022)
    City/ County Zoning/ Permitted as a single family residence

    Allowance for Duplexes 1-4 units
    Detached condos


    Prohibited one-time construction loans property types
    Owner-Builder
    ADUs
    Manufactured homes
    Unique property types
    Brandominium homes
    Shipping containers homes

    Start your one-time close new construction loan application process by creating an account at
    https://bit.ly/3PyuXss

    • 3 min
    Piggyback HELOCs are available on primary and second home purchases, rate/term and cash-out refinances on conventional loans

    Piggyback HELOCs are available on primary and second home purchases, rate/term and cash-out refinances on conventional loans

    Standalone HELOCs are available on primary and second home loans as 20-year loans, in amounts up to $350,000.
    MKG Enterprises Corp Third-Party Originator is please to offers Home Equity Lines of Credit up to 85% LTV with 640 credit score minimum loan amount $75,000 can be a standalone or Piggyback HELOC

    Standalone HELOCs are a popular option for homeowners looking to access cash to consolidate and pay down debt, allocate money to home improvements, or cover life events.

    A minimum 640 FICO score is required, as is a $25,000 minimum credit line, the initial draw must be 75% of the credit line. For line amounts up to $250,000, only an approved automated valuation model (AVM) is required. For amounts over $250,000, a full appraisal is required.

    Piggyback HELOCs allow qualified conventional borrowers to secure a new mortgage on the home while opening a home equity line simultaneously. This is an option for borrowers who want to split up a first and second mortgage to avoid mortgage insurance, or to keep their first in a conforming loan.

    Piggyback HELOCs are available on primary and second home purchases, rate/term and cash-out refinances on conventional loans. Loan amounts can be up to $350,000, and a minimum 680 FICO score is required. The minimum line amount is $10,000 and the initial draw must be 75% of the line amount. For line amounts up to $250,000, an appraisal waiver is accepted with an approved AVM.

    Both the Piggyback and Standalone HELOCs are not applicable in Texas.

    Apply for a HELOC today

    Easy and Secure On-Line Loan Application
    https://bit.ly/3NP4bwC

    • 4 min
    Dream for All Homebuyer program, providing up to 20% down payment assistance (DPA)

    Dream for All Homebuyer program, providing up to 20% down payment assistance (DPA)

    MKG Enterprise Corp is proud to announce the availability of Round 2 Funding for the Dream For All Shared Appreciation Loan program, providing up to 20% down payment assistance (DPA) specifically for black families and individuals aiming to achieve homeownership in California.
    The Dream For All Shared Appreciation Loan program is designed to empower first-time homebuyers by offering up to 20% for down payment or closing costs, with a maximum limit of $150,000.
    This invaluable assistance can be utilized in conjunction with the Dream For All Conventional first mortgage, facilitating the realization of homeownership dreams.

    For more information about the Dream For All Shared Appreciation Loan program and to ascertain eligibility criteria, please visit MKG Enterprise Corp's website at
    Learn more online
    www.mkgenterprisescorp.com/blog/fair-lending-with-artificial-intelligence/

    • 2 min
    Fix and Flip Bridge Loans

    Fix and Flip Bridge Loans

    Fast Financing For a Fast-Paced MarketMKG Enterprises Corp bridge loans can provide the leverage on both your purchase and repairs that you need to grow your real estate portfolio. Benefits include:
    Up to 90% of your Purchase and Repairs*.
    Receive Financing in as little as a weekBuild a trusted partnership with one mortgage broker for all your propertiesStrategic planning to help scale your business


    Advantages of our Fix and Flip LoansNo hurdles – flexible loan options designed to meet your strategic needs
    Fix to Rent (Buy-Rent-Rehab-Repair) friendly  - easy options to convert to Rental loans
    Up to 24 months interest only terms

    No pre-payment penalty
    Portfolio Rental LoansFor real estate investors interested in financing rental portfolio deals of 5 properties or more, consider our portfolio rental loans. Investors have the option of either recourse or non-recourse portfolio loans when they apply. Experience the benefits of combining multiple rental deals into one loan for either new purchases, rate and term refinances, or cash-out refinances.

    For investors with portfolios looking for the longest term possible with more prepayment flexibility.

    30-Year Fixed Rate Term and 5/130-Year AmortizationsMax LTV: Up to 75% of the stabilized valueMinimum $500K to Maximum $2M
    For investors with larger portfolios looking for the best rate possible and non-recourse options.

    5 and 10-Year Fixed Rate30-Year Amortizations or Interest OnlyMax LTV: Up to 75% Purchase/RefinanceMinimum $1M to Maximum $50M
    Additional Terms for All Portfolio Rental LoansAllowable Transactions: Purchase, Rate/Term Refinance, Cash-Out Refinance
    Eligible Properties: Single Family Residence, 2-4 Unit Properties, PUDs, Condos (with restrictions) and TownhomesEligible Borrowers: LLC and Corporations. Sponsor: US Citizens and Permanent Resident Alien, Foreign Nationals w/ restrictions.
    Apply online 
    https://www.mkgenterprisescorp.com/fix-and-flip-bridge-loans/

    • 3 min
    Buy vs Rent Make the right choice for your future

    Buy vs Rent Make the right choice for your future

    Make the right choice for your future
    Are you torn between buying or renting a home? The decision is never easy, but we're here to help you make an informed choice. Introducing Buy vs Rent Comparison - your ultimate guide to making the right decision for your future.

    With Buy vs Rent Comparison, you'll get access to a free market report that goes beyond just comparing monthly payments. Our mortgage advisors will provide you with valuable analytics and insights that will help you understand the long-term benefits of buying a home.

    Through our market report, you'll not only get an estimate of your potential monthly payments for both renting and buying, but also gain valuable knowledge about the future value of your dream home. Plus, we'll highlight the possible tax savings that come with homeownership.

    Don't let uncertainty hold you back from achieving your dreams.

    https://youtu.be/3rhnV8xnvBo


    Buying vs Rent Presentation: http://mbshighway.com/view/1KJu-br


    Contact a mortgage advisor today:
    https://www.mkgenterprisescorp.com/contact-us/ now and choose your starting point towards a brighter future!

    • 7 min

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