Why McLean Mortgage Corporation?
I am in the market to buy a home; I want to make sure I have an edge on other home buyers, and a smooth transaction.
Why A LoanFirst℠ for Your New Home?
• Save money. Have more negotiating power with the seller.
• Save time. You will know what home you can purchase.
• Peace of mind. We can help you resolve all potential issues
before you purchase.
• Go to closing more quickly. We work while you shop.
Worried About Rates?
We Have You Covered!
MAKE AN APPLICATION WITH US AND WE'LL LOCK IN YOUR RATE!
You get the complete protection of a rate lock commitment AND if rates go down before you close, we'll flex your rate and give you the lower rate!
IT'S A WIN-WIN ALL THE WAY!
Finally, there is a mortgage company that will give you first-in-class service and the ultimate rate protection.
Let Us Cover Your Mortgage Insurance
The Mortgage Insurance Payment Eliminator Program enables McLean
Mortgage to cover mortgage insurance payments on your behalf. Because
interest is tax deductible for primary residences and second homes, this
means you are able to take advantage of maximum tax deductions* while
you minimize the cash you will need to purchase a home.
If you are putting less than 20% down on a conventional loan, you must
pay for mortgage insurance coverage that protects lenders against default.
Mortgage insurance payments may or may not be tax deductible* and/or
may require significant cash up front.
Lender Paid Mortgage Insurance would be provided through a company chosen by McLean Mortgage Corporation. Your interest rate may vary based upon required mortgage insurance coverage. Mortgage Insurance payments can be deductible as well in certain years, depending upon your income level. You should consult with a tax professional to find out the benefits of deducting your mortgage interest payments and deducting mortgage insurance payments and whether you are eligible for these deductions. This is not a commitment to lend. Certain restrictions may apply. Contact us for more information.