Mortgage Master is a nationally trademarked company, established in 1976 by members of the Porter family, veterans of the real estate industry since 1950. What began as a small family endeavor has flourished over the years into one of the leading lenders in the Pacific Northwest.
At the heart of its success lies unsurpassed integrity and ethical values; transcending far beyond a business model and into the relationships established with its employees and clients.While many mortgage companies have collapsed under recent economic pressure, Mortgage Master not only withstood, but continued to expand.
At the heart of its success lies unsurpassed integrity and ethical values; transcending far beyond a business model and into the relationships established with its employees and clients.While many mortgage companies have collapsed under recent economic pressure, Mortgage Master not only withstood, but continued to expand.
Services
As a correspondent lender, we have access to dozens of program options. Whether you're purchasing as a first-time home-buyer or a seasoned investor; or refinancing for rate-reduction or debt-consolidation, we'll have the mortgage loan to suit your needs. Below are the primary loan types.
Loans from any of these umbrellas can come in a number of flavors, including fixed interest rate or adjustable interest rate, and with various terms, from 5 years for some adjustable-rate loans up to 40 years for some.Traditionally, the terms on mortgages are either 15 or 30 years, with most borrowers opting for the latter.
Loans from any of these umbrellas can come in a number of flavors, including fixed interest rate or adjustable interest rate, and with various terms, from 5 years for some adjustable-rate loans up to 40 years for some.Traditionally, the terms on mortgages are either 15 or 30 years, with most borrowers opting for the latter.
A conventional loan is a loan that is not guaranteed or insured by any type of government program. For example Veterans Administration (VA) loans and Federal Housing Administration (FHA) loans are loans guaranteed by or insured by the government. There are two types of conventional loans, conforming and nonconforming.
A FHA loan is a federal assistance mortgage loan in the United States insured by the Federal Housing Administration. The loan may be issued by federally qualified lenders. FHA loans have historically allowed lower income Americans to borrow money for the purchase of a home that they would not otherwise be able to afford.
Who's it for? Buyers who want to purchase and renovate a home that is in need of modernization or repair. What is it? The Section 203(k) program is HUD's primary program for the rehabilitation and repair of single family properties. Section 203(k) fills a unique and important need for homebuyers. When buying a house that needs repair or modernization, homebuyers usually have to follow a complicated and costly process.
A VA loan is a mortgage loan in the United States guaranteed by the U.S. Department of Veterans Affairs. The loan may be issued by qualified lenders. The VA loan was designed to offer long-term financing to American veterans or their surviving spouses (provided they do not remarry).
The basic intention of the VA direct home loan program is to supply home financing to eligible veterans in areas where private financing is not generally available and to help veterans purchase properties with no down payment.Eligible areas are designated by the VA as housing credit shortage areas and are generally rural areas and small cities and towns not near metropolitan or commuting areas of large cities.
The basic intention of the VA direct home loan program is to supply home financing to eligible veterans in areas where private financing is not generally available and to help veterans purchase properties with no down payment.Eligible areas are designated by the VA as housing credit shortage areas and are generally rural areas and small cities and towns not near metropolitan or commuting areas of large cities.
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