![]() Our dedicated teams in Puerto Rico and now, the United States, allow us to provide exceptional service to help you make the best decision possible - for you, your family and your financial future. OUR TEAMįor nearly 20 years, we have built our reputation on honesty and integrity with our customers and partners alike. That’s why we do not answer to investors. We pride ourselves in being a fully approved and authorized HUD/FHA Mortgagee, Ginnie Mae issuer of forward (MBS) and reverse (HMBS) mortgage loan securities as well as a servicer of our loans in many cases. As a family-owned business, Moneyhouse understands the sensitivity that comes with making big family decisions-like a reverse mortgage.īy committing our best efforts to you and your family, we not only focus on providing exceptional, personalized service to each and every one of our clients-we do so with transparency and a sincere interest in your particular situation. Why is that important? Because we are a family. Provide education and expertise to support Borrower mortgage transaction decisions.Help seniors and their families live financially secure lives.Provide refinance loan “right fit” Borrower options.Work closely with Realtors and Borrowers on purchase loans.Handle every loan with honesty and integrity.The Money House, Inc., is an Equal Housing Lender.As one of the most highly decorated mortgage banking companies in Puerto Rico, Moneyhouse is now earning that same trust from clients in our newest US mainland markets. These materials and information are not from or approved by HUD/FHA. Not all programs will provide proceeds sufficient to pay off outstanding debts and liens filed of record. Programs and products noted may require the payment of upfront, annual and/or monthly private mortgage insurance premiums and/or mortgage insurance payments. For purchase transactions, property value is determined as the lesser of the final purchase price or the adjusted appraised value – refer to specific program qualification and eligibility guidelines offered by your professionally licensed Moneyhouse Mortgage Loan Originator for more details. For refinance programs, program imitations may include cash-out options and loan-to-value – refer to specific program guidelines offered by your professionally licensed Moneyhouse Mortgage Loan Originator for more details. Some programs referenced may require specific 3rd party or designated housing counseling requirements. You are encouraged to seek professional services assistance for accounting, legal and real estate matters relating to your contemplated transaction. Individual and property specific program qualification guidelines including borrower and property eligibility should be discussed with a professionally licensed Moneyhouse Mortgage Loan Originator. This information is not a loan commitment, loan approval, or offer to lend. Terms, features and benefits for specific loan programs and information provided are subject to change without notice. Not all programs, references, products, options and terms indicated are available in all states. Good choice if staying in your home for an extended time.Payment remains the same over the life of the loan.When trying to determine if a fixed rate conventional loan best suits your situation, consider the following: Fixed-Rate Mortgage: Most conventional loans have a fixed interest rate for the life of the loan. We currently operate eight branches in the US territory of Puerto Rico and have initially established offices in Orlando, Florida and Atlanta, Georgia and our business strategy is to continue. Available for a variety of property types including Single Family Dwellings, 2-4 units, Townhomes, Planned Unit Developments, Approved Condominiums, Second Homes, and Residential Investment Properties Moneyhouse is the largest privately owned mortgage banking company in Puerto Rico with total residential loan closings over 1 billion since 2007.Loan-To-Values available with and without private mortgage insurance including 97% loan to value with 100% gift down payment feature.Amount of the loan (available in amounts from $10,000 to $417,000)Ĭonventional mortgage loans are flexible:.Requirements for these loans are determined by: If you qualify, conventional mortgage loans offer many advantages and they are often more affordable.Įvery day, thousands of new and existing homeowners close Fannie Mae and Freddie Mac mortgage transactions and fulfill their dreams of homeownership. Rather than being insured by the Federal Government, conventional mortgage loans are insured by private mortgage insurance companies. The Moneyhouse Conventional Loan is a traditional mortgage loan offered largely through the secondary market private agencies Fannie Mae and Freddie Mac.
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