Prospect Mortgage – Home Purchase and Refinance Experts #amortization #mortgage #calculator


#homepath mortgage financing

#

*For 203(k) purchase transactions the maximum loan amount is the lesser of the sales price + renovation costs or 110% of the after improved value, times the maximum LTV. Loan amount must be within FHA county loan limits. For refinance transactions the maximum loan amount is the lesser of the property value before renovation + renovation costs or 110% of the after improved value, times the maximum LTV. Loan amount must be within FHA county loan limits.

Mortgage loans are available in the United States only, not available in OH, UT and currently not available in Canada, Guam, Puerto Rico or Virgin Islands.

2016 Prospect Mortgage, LLC. Privacy Policy

Loan inquiries and applications in states where I am not licensed will be referred to a Loan Officer who is licensed in the property state. Equal Housing Lender. Prospect Mortgage is located at 15301 Ventura Blvd. Suite D300, Sherman Oaks, CA 91403, 800-464-2484. Prospect Mortgage, LLC, NMLS ID #3296, (www.nmlsconsumeraccess.org ) is a Delaware limited liability company licensed by the Department of Business Oversight under the California Residential Mortgage Lending Act and operates with the following licenses: AZ Mortgage Banker License #BK0903027; Georgia Residential Mortgage Licensee #16984; Illinois Residential Mortgage Licensee; MA Mortgage Lender/Broker License #MC3296; MS Licensed Mortgage Co.; Licensed by the NH Banking Dept.; Licensed by the NJ Dept. of Banking and Insurance; Licensed Mortgage Banker – NYS Department of Financial Services, 711 Westchester Avenue, Suite 304, White Plains, NY 10604; RI Licensed Lender, RI Licensed Loan Broker; In Texas, located at 8650 Freeport Parkway, Suite 130, Irving, TX 75063. This is not an offer for extension of credit or a commitment to lend. Loans are currently being closed and committed at the expressed rates, however these rates may change or may not be available at the time of your loan lock-in, commitment or closing. All loans must satisfy company underwriting guidelines, interest rates and APRs are based on recent market rates, are for informational purposes only, are subject to change without notice and may be subject to pricing add-ons related to property type, loan amount, loan-to-value ratio, credit score and other variables. Terms and conditions apply. Additional loan programs may be available. This is not an offer to enter into a rate lock agreement under MN law, or any other applicable law. Call for details. 11/2015

HomeStyle is a registered trademark of Fannie Mae.

Disclosure last updated November 20, 2015


Prospect Mortgage acquires assets of CapWest Mortgage #upside #down #mortgage


#capwest mortgage

#

Prospect Mortgage acquires assets of CapWest Mortgage

Sherman Oaks, California-based Prospect Mortgage announced Friday it is acquiring certain assets of CapWest Mortgage. a Kansas City-based call center operation focusing on consumer-direct sources of business.

Under the agreement, CapWest will operate as a separate division under Prospect Mortgage, and Monte Robbins, currently President of CapWest, will become a Prospect Divisional President responsible for the call center s growth and operations.

We believe CapWest s sophisticated call center operations and seasoned management team will provide Prospect with significant growth opportunities and an enhanced competitive advantage in the marketplace, said Prospect Chairman and CEO Mike Williams.

We are excited to have the CapWest team join the Prospect family and look forward to this acquisition creating long-term value for our employees, partners and investors, said Williams.

As a result, Prospect now has the resources to scale CapWest s lead sources and products. In addition, the acquisition will serve as a foundational component to leverage Prospect s existing consumer direct initiatives.

As we looked at the growth potential for CapWest, we knew it would eventually need a larger platform than our family-owned bank to truly scale. When Prospect Mortgage inquired and shared their vision for the utilization of the CapWest model, we saw tremendous upside potential for both CapWest and Farmers Bank, said W.R. Robbins, Chairman and CEO of Farmers Bank Trust.

This month in
Housing Wire magazine

The winners of our Insiders award are people who get things done, who are known throughout their companies as the “go-to” person in their department or division. They provide expertise in areas as diverse as operations, compliance and client services, but also have a reputation for going above and beyond their assigned roles to help out their colleagues, their companies and their clients.

Feature

In May of 2016 Airbnb had almost 1.4 listings on the site and raised its revenue projection for this year to more than $900 million. But the site impacts more than just hotel chains. As more investors, not just homeowners, use the site to rent out spare rooms — and even spare couches — it strains the supply of rental houses.

Commentary

A funny thing happened while the mortgage process became more automated. Rather than reduce human interaction, which some skeptics anticipated, automation technology is in fact having the opposite effect. It is enabling mortgage lending to become a people-first business once again.

HousingWire.com

HW Community

Company

Connect With Us


Prospect Mortgage – Options for Buying Fannie Mae Foreclosed Properties #federal #mortgage #assistance


#homepath mortgage financing

#

Great Loan Options for Buying Fannie Mae Foreclosed Properties

Buying a foreclosure from Fannie Mae can be a great way to get the house you want at an affordable price. Prospect Mortgage has many loan programs that are perfect for purchasing your foreclosure. We can even provide funds to upgrade the home with no additional down payment!

  • Get a great price on a bank-owned home
  • Use an FHA loan and buy with as little as 3.5% down on a primary residence
  • Get up to $35,000 (or more) to upgrade or renovate your home
  • VA loans require no down and no mortgage insurance for veterans on a primary residence

Who Qualifies?

  • Buyers with a minimum down payment of 3.5% for their primary residence using an FHA loan
  • Minimum credit score 580 for some programs; 640 for others
  • Buyers planning to use their property as primary residence, second home or investment
  • Buyers must be able to document their income

Loan Programs

There are many reasons why a Prospect Mortgage foreclosure loan might be right for you. Learn more

Renovation Loans

Once you find a house, turn it into the perfect home with a Prospect Mortgage Renovation loan. A renovation loan allows you to completely change the floor plan of a house or make smaller upgrades to appliances, flooring or windows. Learn more

Discontinued Fannie Mae HomePath Financing Program

Fannie Mae will stop offering their HomePath suite of mortgage products on October 7, 2014. Prospect will continue to accept new loan applications until October 6, 2014 for the HomePath Mortgage provided:

  • The signed, fully executed HomePath purchase contract includes a Real Estate Purchase Addendum dated on or before October 6, 2014, and the addendum indicates that the borrower intends to use HomePath Mortgage financing.
  • The HomePath loan must be funded on or before December 31, 2014.

The HomePath suite includes: HomePath Mortgage, HomePath Renovation Mortgage, HomePath Non-Owner Occupied. If you have clients who are considering buying with a HomePath Mortgage, please let them know that they have a limited time to secure their financing.

Even though Fannie Mae is ending HomePath Renovation Financing, Prospect has additional renovation programs that can help move listings that are outdated or in need of repairs.

Existing Customers

Contact customer service or manage your closed loan online at Cenlar’s website: Loan Servicing Portal

2016 Prospect Mortgage, LLC.

Mortgage loans are available in the United States only, not available in OH or UT and currently not available in Canada, Guam, Puerto Rico or Virgin Islands.

Loan inquiries and applications will be referred to a Loan Officer who is licensed in the property state. Equal Housing Lender. Prospect Mortgage is located at 15301 Ventura Blvd. Suite D300, Sherman Oaks, CA 91403, 800-464-2484. Prospect Mortgage, LLC, NMLS ID #3296, (www.nmlsconsumeraccess.org ) is a Delaware limited liability company licensed by the Department of Business Oversight under the California Residential Mortgage Lending Act and operates with the following licenses: AZ Mortgage Banker License #BK0903027; Georgia Residential Mortgage Licensee #16984; Illinois Residential Mortgage Licensee; MA Mortgage Lender/Broker License #MC3296; MS Licensed Mortgage Co.; Licensed by the NJ Dept. of Banking and Insurance; Licensed Mortgage Banker – NYS Department of Financial Services, 711 Westchester Avenue, Suite 304, White Plains, NY 10604; RI Licensed Lender, RI Licensed Loan Broker; In Texas, located at 8650 Freeport Parkway, Suite 130, Irving, TX 75063. This is not an offer for extension of credit or a commitment to lend. Loans are currently being closed and committed at the expressed rates, however these rates may change or may not be available at the time of your loan lock-in, commitment or closing. All loans must satisfy company underwriting guidelines, interest rates and APRs are based on recent market rates, are for informational purposes only, are subject to change without notice and may be subject to pricing add-ons related to property type, loan amount, loan-to-value ratio, credit score and other variables. Terms and conditions apply. Additional loan programs may be available. This is not an offer to enter into a rate lock agreement under MN law, or any other applicable law. Call for details. 08/2016. Our Loan Officers are dedicated to helping you with your home financing needs.

TX Complaint & Recovery Fund Notice

HomeStyle is a registered trademark of Fannie Mae.

Disclosure last updated August 24, 2016

Server Host Name:VPROWSEX01-ELS1


Prospect Mortgage acquires assets of CapWest Mortgage #mortgage #calculator #taxes #and #insurance


#capwest mortgage

#

Prospect Mortgage acquires assets of CapWest Mortgage

Sherman Oaks, California-based Prospect Mortgage announced Friday it is acquiring certain assets of CapWest Mortgage. a Kansas City-based call center operation focusing on consumer-direct sources of business.

Under the agreement, CapWest will operate as a separate division under Prospect Mortgage, and Monte Robbins, currently President of CapWest, will become a Prospect Divisional President responsible for the call center s growth and operations.

We believe CapWest s sophisticated call center operations and seasoned management team will provide Prospect with significant growth opportunities and an enhanced competitive advantage in the marketplace, said Prospect Chairman and CEO Mike Williams.

We are excited to have the CapWest team join the Prospect family and look forward to this acquisition creating long-term value for our employees, partners and investors, said Williams.

As a result, Prospect now has the resources to scale CapWest s lead sources and products. In addition, the acquisition will serve as a foundational component to leverage Prospect s existing consumer direct initiatives.

As we looked at the growth potential for CapWest, we knew it would eventually need a larger platform than our family-owned bank to truly scale. When Prospect Mortgage inquired and shared their vision for the utilization of the CapWest model, we saw tremendous upside potential for both CapWest and Farmers Bank, said W.R. Robbins, Chairman and CEO of Farmers Bank Trust.

This month in
Housing Wire magazine

The winners of our Insiders award are people who get things done, who are known throughout their companies as the “go-to” person in their department or division. They provide expertise in areas as diverse as operations, compliance and client services, but also have a reputation for going above and beyond their assigned roles to help out their colleagues, their companies and their clients.

Feature

In May of 2016 Airbnb had almost 1.4 listings on the site and raised its revenue projection for this year to more than $900 million. But the site impacts more than just hotel chains. As more investors, not just homeowners, use the site to rent out spare rooms — and even spare couches — it strains the supply of rental houses.

Commentary

A funny thing happened while the mortgage process became more automated. Rather than reduce human interaction, which some skeptics anticipated, automation technology is in fact having the opposite effect. It is enabling mortgage lending to become a people-first business once again.

HousingWire.com

HW Community

Company

Connect With Us


CapWest Mortgage – a Division of Prospect Mortgage Review – MORTGAGE BANKERS in Stilwell, KS


#capwest mortgage

#

BBB Accreditation

A BBB Accredited Business since

BBB has determined that CapWest Mortgage – a Division of Prospect Mortgage meets BBB accreditation standards. which include a commitment to make a good faith effort to resolve any consumer complaints. BBB Accredited Businesses pay a fee for accreditation review/monitoring and for support of BBB services to the public.

BBB accreditation does not mean that the business’ products or services have been evaluated or endorsed by BBB, or that BBB has made a determination as to the business’ product quality or competency in performing services.

Reason for Rating

Factors that raised the rating for CapWest Mortgage – a Division of Prospect Mortgage include:

  • Length of time business has been operating
  • Complaint volume filed with BBB for business of this size
  • Response to 6 complaint(s) filed against business
  • Resolution of complaint(s) filed against business

Customer Complaints Summary Read complaint details

6 complaints closed with BBB in last 3 years | 1 closed in last 12 months

What is a BBB Business Review?

We offer free reviews on businesses that include background, licensing, consumer experience and other information such as governmental actions that is known to BBB. These reviews are provided for businesses that are BBB accredited and also for businesses that are not BBB accredited.

About BBB Business Review Content & Services:

Some Better Business Bureaus offer additional content & services in BBB Business Reviews.
The additional content & services are typically regional in nature or, in some cases, a new product or service that is being tested prior to a more general release.
Not all enhanced content & services are available at all Better Business Bureaus.

Professional Affiliations X

Types of Complaints Handled by BBB

BBB handles the following types of complaints between businesses and their customers so long as they are not, or have not been, litigated:

  • Advertising or Sales
  • Billing or Collection
  • Problems with Products or Services
  • Delivery
  • Guarantee or Warranty

We do not handle workplace disputes, discrimination claims or claims about the quality of health or legal services.

BBB Complaint Process

Your complaint will be forwarded to the business within two business days. The business will be asked to respond within 14 days, and if a response is not received, a second request will be made. You will be notified of the business’s response when we receive it (or notified that we received no response). Complaints are usually closed within 30 business days.

What is BBB Advertising Review?

BBB promotes truth in advertising by contacting advertisers whose claims conflict with the BBB Code of Advertising. These claims come to our attention from our internal review of advertising, consumer complaints and competitor challenges. BBB asks advertisers to prove their claims, change ads to make offers more clear to consumers, and remove misleading or deceptive statements.

What government actions does BBB report on?

BBB reports on known government actions that are relevant to the business’s marketplace dealings with the public.

Thank you for your feedback!

BBB Reporting Policy

As a matter of policy, BBB does not endorse any product, service or business.

BBB Business Reviews are provided solely to assist you in exercising your own best judgment. Information in this BBB Business Review is believed reliable but not guaranteed as to accuracy.

BBB Business Reviews generally cover a three-year reporting period. BBB Business Reviews are subject to change at any time.

Additional Phone Numbers

Find a Location X

Prospect Mortgage – Home Purchase and Refinance Experts #arm #mortgage


#homepath mortgage financing

#

*For 203(k) purchase transactions the maximum loan amount is the lesser of the sales price + renovation costs or 110% of the after improved value, times the maximum LTV. Loan amount must be within FHA county loan limits. For refinance transactions the maximum loan amount is the lesser of the property value before renovation + renovation costs or 110% of the after improved value, times the maximum LTV. Loan amount must be within FHA county loan limits.

Mortgage loans are available in the United States only, not available in OH, UT and currently not available in Canada, Guam, Puerto Rico or Virgin Islands.

2016 Prospect Mortgage, LLC. Privacy Policy

Loan inquiries and applications in states where I am not licensed will be referred to a Loan Officer who is licensed in the property state. Equal Housing Lender. Prospect Mortgage is located at 15301 Ventura Blvd. Suite D300, Sherman Oaks, CA 91403, 800-464-2484. Prospect Mortgage, LLC, NMLS ID #3296, (www.nmlsconsumeraccess.org ) is a Delaware limited liability company licensed by the Department of Business Oversight under the California Residential Mortgage Lending Act and operates with the following licenses: AZ Mortgage Banker License #BK0903027; Georgia Residential Mortgage Licensee #16984; Illinois Residential Mortgage Licensee; MA Mortgage Lender/Broker License #MC3296; MS Licensed Mortgage Co.; Licensed by the NH Banking Dept.; Licensed by the NJ Dept. of Banking and Insurance; Licensed Mortgage Banker – NYS Department of Financial Services, 711 Westchester Avenue, Suite 304, White Plains, NY 10604; RI Licensed Lender, RI Licensed Loan Broker; In Texas, located at 8650 Freeport Parkway, Suite 130, Irving, TX 75063. This is not an offer for extension of credit or a commitment to lend. Loans are currently being closed and committed at the expressed rates, however these rates may change or may not be available at the time of your loan lock-in, commitment or closing. All loans must satisfy company underwriting guidelines, interest rates and APRs are based on recent market rates, are for informational purposes only, are subject to change without notice and may be subject to pricing add-ons related to property type, loan amount, loan-to-value ratio, credit score and other variables. Terms and conditions apply. Additional loan programs may be available. This is not an offer to enter into a rate lock agreement under MN law, or any other applicable law. Call for details. 11/2015

HomeStyle is a registered trademark of Fannie Mae.

Disclosure last updated November 20, 2015


CapWest Mortgage – a Division of Prospect Mortgage Review – MORTGAGE BANKERS in Stilwell, KS


#capwest mortgage

#

BBB Accreditation

A BBB Accredited Business since

BBB has determined that CapWest Mortgage – a Division of Prospect Mortgage meets BBB accreditation standards. which include a commitment to make a good faith effort to resolve any consumer complaints. BBB Accredited Businesses pay a fee for accreditation review/monitoring and for support of BBB services to the public.

BBB accreditation does not mean that the business’ products or services have been evaluated or endorsed by BBB, or that BBB has made a determination as to the business’ product quality or competency in performing services.

Reason for Rating

Factors that raised the rating for CapWest Mortgage – a Division of Prospect Mortgage include:

  • Length of time business has been operating
  • Complaint volume filed with BBB for business of this size
  • Response to 6 complaint(s) filed against business
  • Resolution of complaint(s) filed against business

Customer Complaints Summary Read complaint details

6 complaints closed with BBB in last 3 years | 1 closed in last 12 months

What is a BBB Business Review?

We offer free reviews on businesses that include background, licensing, consumer experience and other information such as governmental actions that is known to BBB. These reviews are provided for businesses that are BBB accredited and also for businesses that are not BBB accredited.

About BBB Business Review Content & Services:

Some Better Business Bureaus offer additional content & services in BBB Business Reviews.
The additional content & services are typically regional in nature or, in some cases, a new product or service that is being tested prior to a more general release.
Not all enhanced content & services are available at all Better Business Bureaus.

Professional Affiliations X

Types of Complaints Handled by BBB

BBB handles the following types of complaints between businesses and their customers so long as they are not, or have not been, litigated:

  • Advertising or Sales
  • Billing or Collection
  • Problems with Products or Services
  • Delivery
  • Guarantee or Warranty

We do not handle workplace disputes, discrimination claims or claims about the quality of health or legal services.

BBB Complaint Process

Your complaint will be forwarded to the business within two business days. The business will be asked to respond within 14 days, and if a response is not received, a second request will be made. You will be notified of the business’s response when we receive it (or notified that we received no response). Complaints are usually closed within 30 business days.

What is BBB Advertising Review?

BBB promotes truth in advertising by contacting advertisers whose claims conflict with the BBB Code of Advertising. These claims come to our attention from our internal review of advertising, consumer complaints and competitor challenges. BBB asks advertisers to prove their claims, change ads to make offers more clear to consumers, and remove misleading or deceptive statements.

What government actions does BBB report on?

BBB reports on known government actions that are relevant to the business’s marketplace dealings with the public.

Thank you for your feedback!

BBB Reporting Policy

As a matter of policy, BBB does not endorse any product, service or business.

BBB Business Reviews are provided solely to assist you in exercising your own best judgment. Information in this BBB Business Review is believed reliable but not guaranteed as to accuracy.

BBB Business Reviews generally cover a three-year reporting period. BBB Business Reviews are subject to change at any time.

Additional Phone Numbers

Find a Location X

Prospect Mortgage – Options for Buying Fannie Mae Foreclosed Properties #refinancing #your #mortgage


#homepath mortgage financing

#

Great Loan Options for Buying Fannie Mae Foreclosed Properties

Buying a foreclosure from Fannie Mae can be a great way to get the house you want at an affordable price. Prospect Mortgage has many loan programs that are perfect for purchasing your foreclosure. We can even provide funds to upgrade the home with no additional down payment!

  • Get a great price on a bank-owned home
  • Use an FHA loan and buy with as little as 3.5% down on a primary residence
  • Get up to $35,000 (or more) to upgrade or renovate your home
  • VA loans require no down and no mortgage insurance for veterans on a primary residence

Who Qualifies?

  • Buyers with a minimum down payment of 3.5% for their primary residence using an FHA loan
  • Minimum credit score 580 for some programs; 640 for others
  • Buyers planning to use their property as primary residence, second home or investment
  • Buyers must be able to document their income

Loan Programs

There are many reasons why a Prospect Mortgage foreclosure loan might be right for you. Learn more

Renovation Loans

Once you find a house, turn it into the perfect home with a Prospect Mortgage Renovation loan. A renovation loan allows you to completely change the floor plan of a house or make smaller upgrades to appliances, flooring or windows. Learn more

Discontinued Fannie Mae HomePath Financing Program

Fannie Mae will stop offering their HomePath suite of mortgage products on October 7, 2014. Prospect will continue to accept new loan applications until October 6, 2014 for the HomePath Mortgage provided:

  • The signed, fully executed HomePath purchase contract includes a Real Estate Purchase Addendum dated on or before October 6, 2014, and the addendum indicates that the borrower intends to use HomePath Mortgage financing.
  • The HomePath loan must be funded on or before December 31, 2014.

The HomePath suite includes: HomePath Mortgage, HomePath Renovation Mortgage, HomePath Non-Owner Occupied. If you have clients who are considering buying with a HomePath Mortgage, please let them know that they have a limited time to secure their financing.

Even though Fannie Mae is ending HomePath Renovation Financing, Prospect has additional renovation programs that can help move listings that are outdated or in need of repairs.

Existing Customers

Contact customer service or manage your closed loan online at Cenlar’s website: Loan Servicing Portal

2016 Prospect Mortgage, LLC.

Mortgage loans are available in the United States only, not available in OH or UT and currently not available in Canada, Guam, Puerto Rico or Virgin Islands.

Loan inquiries and applications will be referred to a Loan Officer who is licensed in the property state. Equal Housing Lender. Prospect Mortgage is located at 15301 Ventura Blvd. Suite D300, Sherman Oaks, CA 91403, 800-464-2484. Prospect Mortgage, LLC, NMLS ID #3296, (www.nmlsconsumeraccess.org ) is a Delaware limited liability company licensed by the Department of Business Oversight under the California Residential Mortgage Lending Act and operates with the following licenses: AZ Mortgage Banker License #BK0903027; Georgia Residential Mortgage Licensee #16984; Illinois Residential Mortgage Licensee; MA Mortgage Lender/Broker License #MC3296; MS Licensed Mortgage Co.; Licensed by the NJ Dept. of Banking and Insurance; Licensed Mortgage Banker – NYS Department of Financial Services, 711 Westchester Avenue, Suite 304, White Plains, NY 10604; RI Licensed Lender, RI Licensed Loan Broker; In Texas, located at 8650 Freeport Parkway, Suite 130, Irving, TX 75063. This is not an offer for extension of credit or a commitment to lend. Loans are currently being closed and committed at the expressed rates, however these rates may change or may not be available at the time of your loan lock-in, commitment or closing. All loans must satisfy company underwriting guidelines, interest rates and APRs are based on recent market rates, are for informational purposes only, are subject to change without notice and may be subject to pricing add-ons related to property type, loan amount, loan-to-value ratio, credit score and other variables. Terms and conditions apply. Additional loan programs may be available. This is not an offer to enter into a rate lock agreement under MN law, or any other applicable law. Call for details. 08/2016. Our Loan Officers are dedicated to helping you with your home financing needs.

TX Complaint & Recovery Fund Notice

HomeStyle is a registered trademark of Fannie Mae.

Disclosure last updated August 24, 2016

Server Host Name:VPROWSEX01-ELS1


Prospect Mortgage – Options for Buying Fannie Mae Foreclosed Properties #ing #orange #mortgage


#homepath mortgage financing

#

Great Loan Options for Buying Fannie Mae Foreclosed Properties

Buying a foreclosure from Fannie Mae can be a great way to get the house you want at an affordable price. Prospect Mortgage has many loan programs that are perfect for purchasing your foreclosure. We can even provide funds to upgrade the home with no additional down payment!

  • Get a great price on a bank-owned home
  • Use an FHA loan and buy with as little as 3.5% down on a primary residence
  • Get up to $35,000 (or more) to upgrade or renovate your home
  • VA loans require no down and no mortgage insurance for veterans on a primary residence

Who Qualifies?

  • Buyers with a minimum down payment of 3.5% for their primary residence using an FHA loan
  • Minimum credit score 580 for some programs; 640 for others
  • Buyers planning to use their property as primary residence, second home or investment
  • Buyers must be able to document their income

Loan Programs

There are many reasons why a Prospect Mortgage foreclosure loan might be right for you. Learn more

Renovation Loans

Once you find a house, turn it into the perfect home with a Prospect Mortgage Renovation loan. A renovation loan allows you to completely change the floor plan of a house or make smaller upgrades to appliances, flooring or windows. Learn more

Discontinued Fannie Mae HomePath Financing Program

Fannie Mae will stop offering their HomePath suite of mortgage products on October 7, 2014. Prospect will continue to accept new loan applications until October 6, 2014 for the HomePath Mortgage provided:

  • The signed, fully executed HomePath purchase contract includes a Real Estate Purchase Addendum dated on or before October 6, 2014, and the addendum indicates that the borrower intends to use HomePath Mortgage financing.
  • The HomePath loan must be funded on or before December 31, 2014.

The HomePath suite includes: HomePath Mortgage, HomePath Renovation Mortgage, HomePath Non-Owner Occupied. If you have clients who are considering buying with a HomePath Mortgage, please let them know that they have a limited time to secure their financing.

Even though Fannie Mae is ending HomePath Renovation Financing, Prospect has additional renovation programs that can help move listings that are outdated or in need of repairs.

Existing Customers

Contact customer service or manage your closed loan online at Cenlar’s website: Loan Servicing Portal

2016 Prospect Mortgage, LLC.

Mortgage loans are available in the United States only, not available in OH or UT and currently not available in Canada, Guam, Puerto Rico or Virgin Islands.

Loan inquiries and applications will be referred to a Loan Officer who is licensed in the property state. Equal Housing Lender. Prospect Mortgage is located at 15301 Ventura Blvd. Suite D300, Sherman Oaks, CA 91403, 800-464-2484. Prospect Mortgage, LLC, NMLS ID #3296, (www.nmlsconsumeraccess.org ) is a Delaware limited liability company licensed by the Department of Business Oversight under the California Residential Mortgage Lending Act and operates with the following licenses: AZ Mortgage Banker License #BK0903027; Georgia Residential Mortgage Licensee #16984; Illinois Residential Mortgage Licensee; MA Mortgage Lender/Broker License #MC3296; MS Licensed Mortgage Co.; Licensed by the NJ Dept. of Banking and Insurance; Licensed Mortgage Banker – NYS Department of Financial Services, 711 Westchester Avenue, Suite 304, White Plains, NY 10604; RI Licensed Lender, RI Licensed Loan Broker; In Texas, located at 8650 Freeport Parkway, Suite 130, Irving, TX 75063. This is not an offer for extension of credit or a commitment to lend. Loans are currently being closed and committed at the expressed rates, however these rates may change or may not be available at the time of your loan lock-in, commitment or closing. All loans must satisfy company underwriting guidelines, interest rates and APRs are based on recent market rates, are for informational purposes only, are subject to change without notice and may be subject to pricing add-ons related to property type, loan amount, loan-to-value ratio, credit score and other variables. Terms and conditions apply. Additional loan programs may be available. This is not an offer to enter into a rate lock agreement under MN law, or any other applicable law. Call for details. 08/2016. Our Loan Officers are dedicated to helping you with your home financing needs.

TX Complaint & Recovery Fund Notice

HomeStyle is a registered trademark of Fannie Mae.

Disclosure last updated August 24, 2016

Server Host Name:VPROWSEX01-ELS1


Prospect Mortgage – Home Purchase and Refinance Experts #loan #mortgage #calculator


#homepath mortgage financing

#

*For 203(k) purchase transactions the maximum loan amount is the lesser of the sales price + renovation costs or 110% of the after improved value, times the maximum LTV. Loan amount must be within FHA county loan limits. For refinance transactions the maximum loan amount is the lesser of the property value before renovation + renovation costs or 110% of the after improved value, times the maximum LTV. Loan amount must be within FHA county loan limits.

Mortgage loans are available in the United States only, not available in OH, UT and currently not available in Canada, Guam, Puerto Rico or Virgin Islands.

2016 Prospect Mortgage, LLC. Privacy Policy

Loan inquiries and applications in states where I am not licensed will be referred to a Loan Officer who is licensed in the property state. Equal Housing Lender. Prospect Mortgage is located at 15301 Ventura Blvd. Suite D300, Sherman Oaks, CA 91403, 800-464-2484. Prospect Mortgage, LLC, NMLS ID #3296, (www.nmlsconsumeraccess.org ) is a Delaware limited liability company licensed by the Department of Business Oversight under the California Residential Mortgage Lending Act and operates with the following licenses: AZ Mortgage Banker License #BK0903027; Georgia Residential Mortgage Licensee #16984; Illinois Residential Mortgage Licensee; MA Mortgage Lender/Broker License #MC3296; MS Licensed Mortgage Co.; Licensed by the NH Banking Dept.; Licensed by the NJ Dept. of Banking and Insurance; Licensed Mortgage Banker – NYS Department of Financial Services, 711 Westchester Avenue, Suite 304, White Plains, NY 10604; RI Licensed Lender, RI Licensed Loan Broker; In Texas, located at 8650 Freeport Parkway, Suite 130, Irving, TX 75063. This is not an offer for extension of credit or a commitment to lend. Loans are currently being closed and committed at the expressed rates, however these rates may change or may not be available at the time of your loan lock-in, commitment or closing. All loans must satisfy company underwriting guidelines, interest rates and APRs are based on recent market rates, are for informational purposes only, are subject to change without notice and may be subject to pricing add-ons related to property type, loan amount, loan-to-value ratio, credit score and other variables. Terms and conditions apply. Additional loan programs may be available. This is not an offer to enter into a rate lock agreement under MN law, or any other applicable law. Call for details. 11/2015

HomeStyle is a registered trademark of Fannie Mae.

Disclosure last updated November 20, 2015