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Loan Programs

GOVERNMENT LOANS Maverick Funding Corp. offers several government loan programs designed to help a variety of borrowers obtain their dream home, repair their current property or consolidate debt. Below are great benefits of government loan programs:

FHA Loans

Purchase money loans require a very small downpayment and have low closing costs. Debt consolidation loans up to 85% LTV, rate and term loans up to 97% LTV.

USDA Loans

This loan is for homebuyers located in eligible rural areas. They do not require mortgage insurance or down payment.

VA Loans

This loan is specifically for Veterans, have flexible debt-to-income requirements. Similar to USDA loans, they do not require mortgage insurance or down payment.

Conventional

Maverick Funding Corp. offers a suite of conventional fixed and adjustable rate programs designed to fit your needs.

Reverse Mortgage

Reverse Mortgages are available to home owners 62 years of age and older, allowing them to receive payments based on the equity of their home.

H.A.R.P.

The Home Affordable Refinance Program allows borrowers to refinance when they currently owe more on the mortgage than their home’s current market value.
Mortgage Bankers Association Equal Housing Opportunity Member of the Better Business Bureau Mortgage Bankers Association of New Jersey Mortgage Bankers Association of New Jersey

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Maverick Funding Corp. NMLS#7706, Executive Offices, 9 Entin Road, Suite 200, Parsippany, NJ  07054. Toll Free 888-616-6866.  Licensed by the California Department of Corporations under the California Residential Mortgage Lending Act, License #4131048. Licensed by the California Department of Corporations under the California Finance Lenders Law, License #603H799. Massachusetts Lender License #ML3257; Licensed by the New Hampshire Banking Department; Licensed by the NJ Department of Banking and Insurance; Licensed by the Pennsylvania Department of Banking; Rhode Island Licensed Lender; Licensed by the Virginia State Corporation Commission, License #MC5352; also Licensed in AL, CO, CT, DC, DE, FL, GA, IN, KY, ME, MD, MN, NC, OH, TN, VT, WV. Illinois Residential Mortgage Licensee, License #MB.6760891,Michigan 1st Mortgage Broker/Lender/Servicer Registrant #FR0018028   Oregon Mortgage Lending License ML-4961.  Licensed Lender SC.  Texas Mortgage Banker Registration.  Washington Consumer Loan License #CL7706. Equal Housing Lender.

Texas Residents: CONSUMERS WISHING TO FILE A COMPLAINT AGAINST A MORTGAGE BANKER OR A LICENSED MORTGAGE BANKER RESIDENTIAL MORTGAGE LOAN ORIGINATOR SHOULD COMPLETE AND SEND A COMPLAINT FORM TO THE TEXAS DEPARTMENT OF SAVINGS AND MORTGAGE LENDING, 2601 NORTH LAMAR, SUITE 201, AUSTIN, TEXAS 78705. COMPLAINT FORMS AND INSTRUCTIONS MAY BE OBTAINED FROM THE DEPARTMENT’S WEBSITE AT WWW.SML.TEXAS.GOV. A TOLL-FREE CONSUMER HOTLINE IS AVAILABLE AT 1-877-276-5550.

THE DEPARTMENT MAINTAINS A RECOVERY FUND TO MAKE PAYMENTS OF CERTAIN ACTUAL OUT OF POCKET DAMAGES SUSTAINED BY BORROWERS CAUSED BY ACTS OF LICENSED MORTGAGE BANKER RESIDENTIAL MORTGAGE LOAN ORIGINATORS. A WRITTEN APPLICATION FOR REIMBURSEMENT FROM THE RECOVERY FUND MUST BE FILED WITH AND INVESTIGATED BY THE DEPARTMENT PRIOR TO THE PAYMENT OF A CLAIM. FOR MORE INFORMATION ABOUT THE RECOVERY FUND, PLEASE CONSULT THE DEPARTMENT’S WEBSITE AT WWW.SML.TEXAS.GOV.

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