MFG Banking has added several Portfolio and NON-QM programs for Purchase, Rate and Term and Cash Out Refinance transactions. Our Portfolio Product line is offered to provide borrowers with loan programs that extend beyond the Agency guidelines. If you have borrowers that need this flexibility to qualify, then we have the loan program that's right for you.
Contact your Manhattan Financial Group, Inc. Account Executive or Loan Coordinator to answer any questions you have about our 200 Series Portfolio Products. If you are not already an MFG approved broker, one of our Account Executives will walk you through the approval process, our loan products and online loan pricing and submission software (BRIDGE).
For those who have suffered bankruptcy or foreclosure but have since rebuilt their credit, the Fresh Start Program can provide mortgage financing where it may have otherwise been unavailable due to seasoning or other requirements.
Borrowers who are interested in purchasing an investment/rental property can take advantage of our Investment loan product. This portfolio product allows for lower FICO requirements and Unlimited Financed Properties. Max loan amount $2 Million.
MFG's Foreign National Program provides qualified Non-U.S. citizens with better opportunities for purchasing a second home. Borrowers who frequent the U.S. for business or vacation purposes can enjoy more flexibility and fewer restrictions.
This product was designed for Home buyers who have gone through bankruptcy or foreclosure, plan to finance their down payment with the help of their family, or are lacking a conventional (FICO) credit score.
For borrowers who can demonstrate the ability to repay and are looking for higher loan amounts with more flexible guidelines, the Jumbo Alternative Program can provide the perfect lending solution.