AGGRESSIVE LOAN PRICING
MFG Banking® delivers the most competitive rates to your borrowers! Our team chooses programs and rates that allow us to deliver nationally competitive rates. Keeping our share of the market while helping our brokers remain successful. Our philosophy is simple: To create pipelines that are virtually friction-free; giving brokers the opportunity to grow with successful fundings.
QUICK TURN TIMES
Your loans will be processed, underwritten and funded fast. Our experienced staff have been working as a team for over 20 years. With their vast knowledge and the latest technology, you can be sure that our turn time is very efficient.
WE ANSWER THE PHONE
Our phones are answered by real people, no voice mails or automated systems. Our highly experienced staff is available during business hours to answer all of your questions and scenarios. Call us now: 888-634-0555!
Improved Maximum Allowable LTV on 200, 300, 500, 800, & 1000 Series ARM Products200, 300, 500, 800, & 1000 Series ARM Products have made improvements for the maximum allowable LTV. They are now in line with the Maximum LTV for Fixed Rate Products. DU Risk Assessment has been adjusted within the latest DU 10.1 updates. For debt ratios between 45% and 50%, the risk assessment is expected to increase the percentage of Approve/Eligible recommendations, and will no longer require certain compensating factors. This is not applicable on 100 Series (they do not allow ARMS). It is also not applicable... Learn More
- Improved Maximum Allowable LTV on 200, 300, 500, 800, & 1000 Series ARM Products August 3, 2017
- Min credit score requirement & Max LTV updates May 25, 2017
- Freddie Mac – Income from Future Employment May 16, 2017
- FNMA – Student Loan Payment Calculation April 30, 2017
- Freddie Mac – Truncated Asset Account Numbers April 27, 2017