About Us
Our mission is to provide you with the highest quality mortgage and refinancing services. Our loans are tailored to fit your personal needs at some of the most competitive rates in the nation.
We are able to provide:
- • Low Interest Rates: Our wholesale interest rates are always lower than local banks.
- • Mortgage Options: 30-year, 15-year, first home, refinanced we have your mortgage.
- • Down Payment Options: From now to no, ask about our down payment options.
- • Low Closing Costs: Low closing costs are our standard.
- • Conventional Home Loans, FHA Loans, VA Loans, refinancing.
Our History
Core Values
Fast
We are fast and efficient enough to cover all of your financial needs, whichever those might be. Regardless of whether you’re about to make a first-time home purchase or are trying to refinance your current loan, we’re here to help you!
Flexible
We understand that financial situations, credit scores, and other financially-related things can vary… That is why we employ a flexible, person-centric approach to each individual client who comes for our fiscal help…
Beneficial
With so many mortgages and loans featuring interest rates that are unfavorable, we’re here to level the field. Thanks to our refinancing and home equity loan programs you’ll be able to take back the control of your finances!
Meet the Business Owner
Meet the Business Owner
Owner
My name is Patrick Cain, and I am the Owner of Morgan Home Funding. I have been with Morgan as we weathered the ups and downs of the mortgage lending business for almost 3 decades. I am the Chief Operations Officer, and I manage the staff and sales team. Over the last 25 years we have nearly perfected the loan closing process. Keeping up with the overwhelming industry changes in regulations, and lending guidelines keeps me busy, but working directly with our clients to assure that their loan closing experience is an amazing one is my real passion. I have seen to it that our sales team, and staff are the absolute best in the business.
FAQs
A mortgage is basically a simple loan that allows you to buy a home or other property by securing the loan against the property you buy. You can read more about our taking a mortgage with us works by visiting our services page.
You can apply for a mortgage from a bank or other financial institution, such as a credit union, building society or specialist mortgage Borrower. We’re a credit union and a special financial institution. Although you can apply directly, using the advice of our independent mortgage specialists might help you find the deal that will be most beneficial for your money interests!
- Standard variable rate (SVR) mortgages
- Fixed interest rate mortgages
- Tracker rate mortgages
This depends on a number of factors. Still, Borrowers are typically prepared to lend three times your salary or two-and-a-half times a joint salary.
They will also consider things such as any other source of income from a second job that you’ll prove to them, bonuses, tax credits, and maintenance payments and since lending rules were tightened, they also increasingly investigate borrowers’ ability to repay.
This means looking at your credit history and scoring it, just as well as on your monthly outgoings, examining not just how much you spend but what you spend it on, to help assess your ability to manage should interest rates rise.
Some providers will now offer four-and-a-half times your annual income – but the more you borrow in relation to your income, the more likely you are to fail MMR checks and to have your application to be declined.
This will depend on your financial standing, the price of the property and your credit history…
Whilst ‘100% mortgages’ – where you can borrow 100% of the property’s value – have now almost entirely disappeared, it’s still possible to get a 95% mortgage, where you pay a deposit of 5% of the property’s value.
But many Borrowers ask for a 10% deposit or more, and many tend to save the best rates for borrowers with a deposit of 25%.
