JMAC Lending Inc.

JMAC Lending Inc.

3200 Park Center Drive Suite 350, Costa Mesa, CA 92626

www.jmaclending.com

Internal Reviews

(0 reviews)

Total loans closed with Loan Factory
160

Total loans closed with Loan Factory (past 12 months)
154

Lender overview

Basic information

Conventional
Home One
Home Ready
Home Possible
FHA
FHA Streamline
FHA 203(b)
FHA_DBA
VA
VA IRRRL
VA High Balance
VA Jumbo
USDA
USDA Streamline

JMAC LENDING, INC., ITS SUCCESSORS AND/OR ITS ASSIGNS 3200 PARK CENTER DRIVE, SUITE 350, COSTA MESA, CA 92626 949.390.2688

JMAC LENDING, INC., ITS SUCCESSORS AND/OR ITS ASSIGNS 3200 PARK CENTER DRIVE, SUITE 350, COSTA MESA, CA 92626 949.390.2688

Lock policies & Fees

Lock Policies

Conforming/FHA/VA/USDA/Fixed Product Only Cutoff 11:59pm PST
Jumbo/Non-QM/Second/ARMs product Cut off 4:00pm PST

Cost .025% per day

A lock is considered a relock if it occurs within 30 days of the expiration of the original lock. In the event that the loan was canceled or denied, the 30 days will be count from either canceled date or denied date.

Yes

Lender's niche & Overlays

  • No minimum DSCR value as long as the loan amount is over $150K
  • Unlimited cash-out up to $2M on Jumbo and up to $3M on Non-QM
  • FHA DPA 101.5% CLTV, Non QM, Jumbo to $5 million

No Overlays

Lender turn time

1

1

1

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