About Us
MFG Mortgage Rates
Every day millions of Americans go online searching for the best deals available. MFG has been in business helping people do just that.We understand the complexities involved when shopping for a home loan so we have spent countless hours creating the best platform to have lenders provide you the best offers. Our success is the result of our continuous efforts focused on finding the best match for anyone looking for a mortgage quote online. Whether you are looking for a home loan to purchase a new home, seeking a Home Equity Line of Credit, or just looking to lower your current rate with a refinance mortgage we can provide you quick and easy access to the best rates through our free quote system.
Our Philosophy
Mortgages are not one-size-fits-all. Each one is as unique as the people that apply for them. Income, credit history, and desired type of residence are just a few of the numerous factors that make each borrower's profile different. This is why we have partnered with multiple lenders for you. Regardless of your circumstances, our philosophy is simple: we want a hassle-free, professional, and personalized service tailored for you.Our Motto - Good people, Integrity and Trust
MFG hires many experienced individuals related to the field of mortgage services. Our valuable human capital including agents, analysts, and executives hold past experiences within mortgage banking, mortgage servicing, refinancing, debt consolidations, investment banking, credit dealings, competing national field service companies, title companies, law firms and more. Members of our executive team and staff are regular speakers, participants and panelists at industrial talk forums, leagues, conferences and trade shows throughout the country. We believe it is our responsibility to represent our customers in the development of industry practices and policies. Our belief is in persistent strive to learn, teach, train and grow within our field.Integrity being the foundation of all long-term successes is one of the key competitive features of MFG. Our board of managers and executive staff is comprised of men and women who have spent much of their careers in banking and financial services; they clearly understand the importance of integrity and honesty in mortgage industry. Depending on this, our reputation for integrity is well-known within the mortgage servicing industry. As such, we understand the need for integrity throughout our operations. We operate at the highest level of ethical standards and believe our customers and peers will continue to respect us for adhering to this commitment.
Trust is the foundation of all successful long-term relationships. We earn our customers’ trust by providing a high-quality and persistent service, exhibiting a sense of urgency when problems arise, providing responsive and ad hoc solutions to issues at reasonable prices, rendering expert counseling when it is called for and acting with integrity and trust-building at all times. We firmly believe we enjoy these long-term relationships because we have earned the trust of our customers and our industry.
Partner Services
Following are some of the major services that our partners offer.
- FHA loans
- Mortgage Refinance
- Mortgage Home Loans
- Mortgage Rates
- Home Equity Loans & Line of Credit
- Debt Consolidation Loans
- Purchase Home loan
- Commercial loans
FHA Loans
In general, FHA loans are intended to help homebuyers with certain qualifications purchase a home with a lower down payment, lower interest rate, and/or lower credit rating than is normally required by a conventional loan.
FHA loans aren't actually a loan; rather, it is insurance on your mortgage so 'in case of' default, the FHA will cover the loss. Because of the power of this insurance, more borrowers can qualify for loans. FHA-backed loans afford borrowers:
- Lower down payments (as little as 3.5%, which can even be gifted to you)
- Low closing costs
- Easier credit qualifying
Mortgage Refinance
If you already have a mortgage, it may make sense for you to refinance. You can take advantage of better rates and terms and potentially save thousands over the life of your loan. When you refinance your mortgage, you're paying off your old loan with a new loan. You can save money by getting a lower interest rate, changing to different terms (i.e., switch from a 15-year to a 30-year term) or taking cash out of your home equity. The new loan funds are used to pay down the current mortgage while any remaining cash can be used to meet your financial goals such as home improvements, college tuition costs, pay for a wedding, or even to pay for a car.
Home equity loan & Line of Credit
You've worked hard to own a home, and now you can get something out of it.
Home equity is the difference between your home's market value the total amount you owe on your mortgage. For instance, if your home is worth $200,000 and you owe $150,000, you have $50,000 in home equity. This "second mortgage" is paid to you in a lump sum and can feature a fixed or adjustable rate over a set term. These loans are sometimes useful to help finance major home repairs, medical bills or college education.
Purchase Home Loan
Buying a home offers many advantages, one of the most significant being that it allows you to build equity ( ownership ) when you pay your mortgage each month. A common myth is that monthly mortgage payments are more expensive than renting, but in many cases, mortgage payments can be even less than renting. When considering home ownership for the first time, you need to decide whether buying makes financial and practical sense for you right now or if you are better off renting. Consider both the advantages and disadvantages to renting as well as buying, and weigh the pros and cons of your particular situation.
Debt Consolidation Loan
Most people have more than one debt, high interest credit cards, car payments, mortgage payments, loans are some of the usual examples. Now in order to pay off one debt an individual borrows from someone else, creating yet another debt. An individual instead of recovering the debt goes deeper into the pit. The solution to this problem is debt consolidation. Debt consolidation loans consolidate high interest cards, consumer loans etc into one inexpensive and affordable monthly payment with low interest.
Mortgage home loan
A mortgage home loan is to finance the purchase of real estate and property, especially for residential purposes, usually with specified payment periods and interest rates. The loan is secured by through the use of a document which evidences the existence of the loan and the encumbrance of that realty through the granting of a mortgage which secures the loan. However, the word mortgage alone, in everyday usage, is most often used to mean mortgage home loans.
Commercial Loan
A loan from a commercial bank to a business. The terms of the loan vary depending on the economy, the ability of the business to repay the loan and past business dealings between the business and the bank. Loans may be secured by the particular asset being purchased, and/or with additional assets of the company (i.e., accounts receivables, property, other tangible assets, etc.).