![]() ![]() Whether on a consumer direct basis or through our Partner Wholesale and Correspondent Lenders, the consumer peace of mind and comfort afforded by reducing the language barrier component to assist each consumer with making a “right fit” decision, is something we have a deep passion and resolve for in blending the philosophy and services of Moneyhouse PR with Moneyhouse US. The Moneyhouse US group has this same bilingual commitment to the US Hispanic markets. We know reverse mortgages – in English and Spanish too!Īs the principal provider of HECM loans in Puerto Rico, Spanish is a very important component of our daily Moneyhouse PR reverse mortgage loan activities in conversation, information, documents and marketing. But our expertise doesn’t stop there – we are also a full Ginnie Mae HMBS issuer of HECM securities through our pooling, execution and servicing activities. We stand with very few other mortgage banking lenders in the market who provide complete reverse mortgage services to both the Consumer and B2B Partners from origination through closing and funding activities. Moneyhouse US is a full service mortgage banking Lender, offering Wholesale, Correspondent and Retaill access to the HECM program resources available through FHA/HUD. We currently operate eight branches in the US territory of Puerto Rico and have initially established offices in Orlando, Florida and Atlanta, Georgia and our business strategy is to continue expanding into the US Market nationwide. Moneyhouse is the largest privately owned mortgage banking company in Puerto Rico with total residential loan closings over $1 billion since 2007. Each highly experienced and professional employee is committed to our growth and success. Moneyhouse US is the continental US extension of The Money House, Inc., a family owned company that traces its roots to a single mortgage bank founded in 1997 in Cavey, Puerto Rico. As our header states, we are not a new lender when it comes to HECM residential mortgage loans in the mortgage banking sector. ![]() The Money House, Inc., is an Equal Housing Lender.Thank you for your interest in the Moneyhouse US Division. These materials and information are not from or approved by HUD/FHA. Not all programs will provide proceeds sufficient to pay off outstanding debts and liens filed of record. Programs and products noted may require the payment of upfront, annual and/or monthly private mortgage insurance premiums and/or mortgage insurance payments. For purchase transactions, property value is determined as the lesser of the final purchase price or the adjusted appraised value – refer to specific program qualification and eligibility guidelines offered by your professionally licensed Moneyhouse Mortgage Loan Originator for more details. For refinance programs, program imitations may include cash-out options and loan-to-value – refer to specific program guidelines offered by your professionally licensed Moneyhouse Mortgage Loan Originator for more details. ![]() Some programs referenced may require specific 3rd party or designated housing counseling requirements. You are encouraged to seek professional services assistance for accounting, legal and real estate matters relating to your contemplated transaction. Individual and property specific program qualification guidelines including borrower and property eligibility should be discussed with a professionally licensed Moneyhouse Mortgage Loan Originator. ![]() This information is not a loan commitment, loan approval, or offer to lend. Terms, features and benefits for specific loan programs and information provided are subject to change without notice. Not all programs, references, products, options and terms indicated are available in all states. Townhomes, Planned Unit Developments HUD approved condominiums and Single Unit Approval (SUA) condominiums permitted with review.Eligible property types of One to Four Family principal residences,.Unlimited Loan-To-Value availability for FHA Streamline Refinances.Loan-to-Value availability to 80.00% for cash out refinances.Loan-to-Value availability to 97.75% for no cash out refinances.Loan-to-Value availability to 96.50% to Purchase a New Home.Competitive fixed and adjustable rate program options.Less stringent Borrower qualification requirements – greater income, employment and credit considerations.Low down payment options – as low as 3.5%.The Moneyhouse FHA Loan Program features include: ![]()
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