Marcelin Mortgage

When you don’t fit into the square of traditional home financing, we have mortgage programs to help you reach your goals! We offer a variety of portfolio home loan options because we know no two clients are the same! Give me a call to learn more about our portfolio home loan options.

Bridge Loans: Buy Now, Sell Later. Bridge Loans are designed to keep your life stable and hassle-free. Say goodbye to the inconvenience of multiple moves and storage during transitions. Selling your current home before buying a new one can be stressful, so don’t! The Bridge Loan helps you to qualify for your new home’s mortgage, even with your current one. After selling, you can refinance your new home into a traditional mortgage.

With DSCR or Debt Service Cover Ratio loans, property investors can now qualify for their investments based on the cash flow from properties rather than personal income. Unlike a traditional home mortgage, DSCR loans are underwritten based on property-level cash flow, considering your debt-service ratio rather than your debt-to-income ratio. The debt-service ratio helps lenders understand a borrower's ability to pay back a loan based on the monthly rent of the property. Lenders will consider this ratio rather than using income proof, tax returns, employment information, etc.

A tax refund can be a great way to help cover closing costs or support a down payment when buying a home. Taking this approach can help you move forward with purchasing a home sooner than later!

More home loan programs mean more options for our clients! All these home loan programs have different credit score requirements, minimum down payments amounts or property requirements. If you’ve been denied for a home loan in the past, give me a call! We can review your financial situation and look at what home loan options might work for you!

USDA Home Loans are a great option for first-time home buyers in rural areas. It has less strict credit requirements and allows for $0 down. 97% of the geographical United Statis is considered rural so there’s a good chance you might be looking for a home in an area that could qualify for a USDA home loan! Give me a call to learn more.

Your friends and family’s personal experiences are a great way to start looking for a real estate agent! They can give you an honest opinion about their time working with a real estate agent. If their experience was positive, you may want to consider working with that agent or if their experience was negative, keep looking. Your real estate agent is a key player in the homebuying process so choosing one that communicates well, and you can trust is essential.

A great way to start your search for a loan officer is by reading reviews! You’ll be able to see if people had positive or negative experiences with them. A couple things to look for with reviews is people mentioning loan options, customer service, and communication. People also may mention if they are good with first-time homebuyers.

A pre-approval is a very important step in the homebuying process, it gives you a realistic budget to look for a house and lets real estate agents and clients know you’re serious. It tells them you’ve been pre-approve to borrow up to a certain amount so when you make an offer on a house, they know it’s a competitive one.

A two-time close construction loan consists of two separate loans: one for financing the lot purchase /construction and, and another for the long-term financing. The construction loan is for up to 12 months. This type of loan is available for owner-occupied, second home, and investment properties. One advantage of this loan is the potential to obtain lower rates for the long-term financing once the construction is completed.

Often in construction loans they’ll distinguish between a one-time or two-time close. In a one-time close construction loan, rates are locked in prior to construction starting and once the build is finished, the loan in converted to a long-term loan. This option also saves some money with one set of appraisals and closing costs. If you have questions about construction loans, give me a call!

Home equity is the difference between your home's current value and what you still owe on it. The more money that goes towards paying off loans, the greater percentage of ownership we have in our homes. The amount of home equity you have increases your assets and overall wealth!

When you make an offer on your new home, you’ll need to provide earnest money to show the seller that you’re serious. The funds are then typically held in an escrow account until closing and they can be applied to closing costs or the down payment. If the house falls out of escrow or the offer isn’t accepted, you’ll usually get the earnest money back and can use it again for an offer on another house.

When you apply for a mortgage with a partner or other person, one will be the main borrower and one will be the coborrower. The coborrower also has a responsibility to ensure the loan is paid in full at the end of its life. Because of this, their financial situation will be evaluated along with the borrowers to determine if they are approved for the loan.

We offer unique, custom products to our partners, streamlining the process without the need for multiple lenders. Our wide product base includes bridge loans, foreign national options, unique underwriting criteria (bank statements, P+L, etc.), cross collateral, asset-based loans, and more. This means we’ll be able to offer more home financing options to give you more sales opportunities.

Take advantage of the more lenient FHA qualifications while still building your dream home with a single loan that finances the lot purchase, construction, and long-term financing mortgage!

Planning to buy a home? A pre-approval is KEY to helping you buy your dream home! It will give you an edge over the competition and give you a realistic budget to keep in mind while shopping for a home! Get pre-approved today!

There are a lot of misconceptions surrounding reverse mortgages and this is a big one. You don’t need to be debt free before you can qualify for a reverse mortgage. If you have specific questions about how much you can borrow based on your debt and how much home equity you have, we have a team of experts that can answer all your questions!

People have a lot questions surrounding reverse mortgages and how they can benefit clients. One big question that I hear often is if the bank will own their home with a reverse mortgage. And the answer is no, the client still retains ownership of their home with a reverse mortgage and will simply borrow money against the equity in their home.

We’re an experienced home builder partner and have set up successful systems in place to help you capture more opportunities and increase sales! We offer a variety of portfolio home loan options to help more clients finance their dream home build.

Don’t wait to buy your dream lot! Whether you plan to build your dream home tomorrow, or a few years from now, the journey to buying the perfect lot or piece of land is the first step. Our Lot & Land Loan can help you buy your dream lot so when you want to build your dream home, you’re ready!

Bridge Loans: Buy Now, Sell Later. Bridge Loans are designed to keep your life stable and hassle-free. Say goodbye to the inconvenience of multiple moves and storage during transitions. Selling your current home before buying a new one can be stressful, so don’t! The Bridge Loan helps you to qualify for your new home’s mortgage, even with your current one. After selling, you can refinance your new home into a traditional mortgage.

Increase sales, boost revenue and capture more opportunities when you partner with us! Our team understands the unique challenges in a builder's world. We've been there and done that. We're not just lenders; we're your strategic partners, offering creative financing solutions tailored to your needs.

We understand the unique challenges that home builders like you face in today’s competitive market. We are committed to providing real solutions to address these challenges and help you succeed.