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 committed to serving the communities where we live and work, helping to providing mortgage solutions and to strengthen communities to improve lives, making use of our areas of expertise in real estate financing and consumer financial education. Whether you’re looking in Downtown San Diego, North County or East County, we can provide you with an honest and pleasant mortgage loan experience.

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

Morgan Home Funding is a thriving family owned Mortgage Company. Caron Cain founded Morgan Corporation back in 1985. We are a member of the California Mortgage Brokers Association, Better Business Bureau, Mira Mesa Town Council, Mira Mesa Chamber of Commerce and San Diego Board of Realtors. We are active and supportive in our community and are involved in several charities. Caron has been in the mortgage industry for 40 years. She has seen and done nearly everything there is to do with regard to mortgage lending. Early in her career, among other things, she was a regional manager for Lomas and Nettleton managing over 20 branches, and experienced buying and selling money in the secondary market. In 1985 she founded Morgan and decided her career would be best served owning her own business. She has done just that. Initially she had multiple branches and many Loan Officers. However, in the early 1990’s she down sized to one main branch.

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!

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Meet the Business Owner

Patrick Cain

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.

Core values

Q: What's a mortgage and why should I get it here?

A: 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!

Q: What types of mortgages are there?

A: There are many different kinds of mortgage to choose from. All of them have varying features and benefits. Some of the more common types include:

  • Standard variable rate (SVR) mortgages
  • Fixed interest rate mortgages
  • Tracker rate mortgages
Q: How much can I borrow for a mortgage?

A: 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.

Q: How much of a deposit do I need for a mortgage?

A: 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%.

Contact Us

We review and accept business requests on a 24/7 basis.

Tips for Home Buyers

We understand all the ups and downs of the home buying process. That means that we will supply you with as many tips on mortgages as possible!