Ray P. Cruz Home Loans, NMLS #385064

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United States
Bethesda, MD
Ray P. Cruz Home Loans, NMLS #385064

Residential home mortgage advisor. I specialize in helping families with their conventional, jumbo,

LEGAL DISCLOSURES:
https://www.mcfmortgage.com/TexasNotice.html

12/31/2022

Wishing everyone a safe & healthy end to '22 and may '23 bring joy & happiness to you & your loved ones

12/22/2022

Wishing one & all a Happy & Healthy Holiday season

11/24/2022

From my family to yours ... Happy Thanksgiving

09/05/2022

Happy Labor Day!

08/12/2022

ENTREPRENEUR FINANCING

MCF MORTGAGE PORTFOLIO PROGRAM

RESCUED COMMISSION: $15,925.00

The Problem: The thrills and benefits of entrepreneurship come with some hinderances especially with financing a new home. Our borrower had significant cash flow, but tax returns showed little to no income after taking advantage of the tax laws. Where to turn? Luckily, his real estate agent is a long-time referral partner with MCF Mortgage.

The Solution: Problem solving is in MCF Mortgage's blood. Our Portfolio loans allow us to look at the full picture of a borrower not just a credit score or DTI (debt-to-income). We were able to complete the financing for a successful purchase of the above property and this would not have been possible without our Portfolio program. These programs were designed specifically for business owners, self-employed and high-net worth individuals.

Remember, not all homeowners are alike, so MCF Mortgage has loan programs that meet the needs of the marketplace.

🔥🔥Remember to Mortgage Intelligently™

💖My Family
💲Mortgage Expert
🤓Home Loan Genius
📲 301-761-2278 (office)
🌎Serving AL, CA, CO, DC, DE, FL, GA, IL, MD, NC, NJ, PA, SC, TN, TX, and VA
💪🏼NMLS # 385064
👇🏼Let’s do something

www.rayPcruz.com

08/05/2022

INVESTOR FINANCING

MCF MORTGAGE PORTFOLIO PROGRAM

MONTHLY SAVINGS: $2,025.00

Problem: A retired real estate investor wanted to consolidate a first and second mortgage on their investment property but due to their unique financial circumstances they would no longer qualify for a conventional refinance. Not only did this investor have excellent credit along with significant assets, but unfortunately it came down to the fact that supporting information did not meet their current lender’s underwriting guidelines. This investor learned a hard lesson as they were denied by this lender.

Solution: Luckily for the investor they were acquainted with a MCF Mortgage referral partner who introduced the two parties. Once we were involved it became clear that the investor and their property was a perfect match for the MCF Mortgage Portfolio program. From application to settlement was a 20-day process as we consolidated the first and second mortgages saving the investor $2,025/month.

Remember, not all homeowners are alike, so MCF Mortgage has loan programs that meet the needs of the marketplace.

🔥🔥Remember to Mortgage Intelligently™

💖My Family
💲Mortgage Expert
🤓Home Loan Genius
📲 301-761-2278 (office)
🌎Serving AL, CA, CO, DC, DE, FL, GA, IL, MD, NC, NJ, PA, SC, TN, TX, and VA
💪🏼NMLS # 385064
👇🏼Let’s do something

www.rayPcruz.com

07/29/2022

SELF-EMPLOYED FINANCING

MCF MORTGAGE PORTFOLIO PROGRAM

MONTHLY SAVINGS: $1,770.33

Problem: A successful couple, both self-employed, were interested in adding a property to their real estate portfolio and with their funds tied up in various investments, they needed a quick injection of cash for the down payment. Here came the rub as a refinance with a conventional loan would require specific financial information that would be a significant hurdle for both parties.

Solution: Once the MCF Mortgage team was involved we quickly determined the best course of action would be a cash-out refinance of their primary residence which required the consolidation of a first & second mortgage. The perfect answer was found in our MCF Mortgage Portfolio program that is not weighed down with antiquated underwriting guidelines, so we were able to pave the way to a smooth closing, in fact we closed this loan in 28 days. Our team structured the financing to incorporate both mortgages, provide sufficient cash for investment property down payment, and save the homeowners $1770/month in payments.

Remember, not all homeowners are alike, so MCF Mortgage has loan programs that meet the needs of the marketplace.

🔥🔥Remember to Mortgage Intelligently™

💖My Family
💲Mortgage Expert
🤓Home Loan Genius
📲 301-761-2278 (office)
🌎Serving AL, CA, CO, DC, DE, FL, GA, IL, MD, NC, NJ, PA, SC, TN, TX, and VA
💪🏼NMLS # 385064
👇🏼Let’s do something

www.rayPcruz.com

07/22/2022

REALTOR® FINANCING

MCF MORTGAGE PORTFOLIO PROGRAM

MONTHLY SAVINGS: $6,059.00

Problem: Real estate agents embrace the entrepreneurial spirit and embody the freedom and challenges that come with the profession. Some of those challenges are front and center when it comes to securing home financing and unfortunately, they reared their ugly head during this refinance. Securing specific financial information for a loan is paramount for a conventional mortgage, but when that is not available then there is only unwelcome news at the end.

Solution: Thankfully, this Realtor® was an MCF Mortgage referral partner so knew enough to avoid the pratfalls in a conventional scenario. This refinance was right in the MCF Mortgage Portfolio Program's wheelhouse as they were consolidating multiple liens on the property plus two other outstanding debts. We not only closed this loan on time, consolidated their debts which saved them $6,059/month, but secured the homeowner a 30-yr fixed rate mortgage.

Remember, not all homeowners are alike, so MCF Mortgage has loan programs that meet the needs of the marketplace.

🔥🔥Remember to Mortgage Intelligently™

💖My Family
💲Mortgage Expert
🤓Home Loan Genius
📲 301-761-2278 (office)
🌎Serving AL, CA, CO, DC, DE, FL, GA, IL, MD, NC, NJ, PA, SC, TN, TX, and VA
💪🏼NMLS # 385064
👇🏼Let’s do something

www.rayPcruz.com

07/15/2022

ENTREPRENEUR FINANCING

MCF MORTGAGE PORTFOLIO PROGRAM

RESCUED COMMISSION: $5,220.00

Problem: A successful entrepreneur purchasing their first home was caught off guard by a denial from their chosen lender. Why? This borrower had excellent credit, significant monthly cash flow, and no issues with the property so to say the borrower and real estate agent were in shock is an understatement. Well, as entrepreneurs, they have taken full advantage of the financial benefits of the tax code which is great for the wallet but detrimental for a conventional loan.

Solution: The MCF Mortgage network of referral partners is far reaching so we were able to connect with the entrepreneur and following our conversation assured them that we would approve and close their loan and, on the original timetable as directed in their contract. Our Portfolio program is excellent for entrepreneurs as it provides flexibility and is unburdened by antiquated underwriting guidelines. The MCF Mortgage Portfolio program rescued another deal, provided happiness to a new homeowner, and saved a real estate agent's commission.

Remember, not all homeowners are alike, so MCF Mortgage has loan programs that meet the needs of the marketplace.

🔥🔥Remember to Mortgage Intelligently™

💖My Family
💲Mortgage Expert
🤓Home Loan Genius
📲 301-761-2278 (office)
🌎Serving AL, CA, CO, DC, DE, FL, GA, IL, MD, NC, NJ, PA, SC, TN, TX, and VA
💪🏼NMLS # 385064
👇🏼Let’s do something

www.rayPcruz.com

07/08/2022

PERMANENT RESIDENCY FINANCING

MCF MORTGAGE PORTFOLIO PROGRAM

RESCUED COMMISSION: $5,125.00

Problem: A permanent resident was taking the first step to the American Dream ... owning a home. Unfortunately, this individual had a few hurdles in the way to realizing this dream and the previous lender was not equipped to accommodate the unique circumstances. As a first-time home buyer this was all new and when a denial happened, they thought all was lost.

Solution: Where to turn, well luckily for this home buyer their real estate agent is a referral partner for MCF Mortgage. The two parties quickly set up a call and we advised the home buyer to apply so our team would have access to all necessary data. We quickly realized that not only would we be able to approve the home purchase, but it was a perfect scenario for the MCF Mortgage Portfolio Program. Our program secured them a fixed-rate mortgage and had the overjoyed homeowner at the settlement table in 24 days.

Remember, not all homeowners are alike, so MCF Mortgage has loan programs that meet the needs of the marketplace.

🔥🔥Remember to Mortgage Intelligently™

💖My Family
💲Mortgage Expert
🤓Home Loan Genius
📲 301-761-2278 (office)
🌎Serving AL, CA, CO, DC, DE, FL, GA, IL, MD, NC, NJ, PA, SC, TN, TX, and VA
💪🏼NMLS # 385064
👇🏼Let’s do something

www.rayPcruz.com

07/04/2022

On this special day here's wishing our dreams of a new tomorrow come true! May your Independence Day be filled with the patriotic spirit!

Enjoy!

07/01/2022

RETIREE FINANCING

MCF MORTGAGE PORTFOLIO PROGRAM

RESCUED COMMISSION: $32,400.00

Problem: Home buying and retirement can get tricky from time to time specifically when a retiree is trying to qualify for a mortgage. In this scenario, a retiree applied, executed a contract, appraisal ordered/paid then the worst news possible ... denied. Not only was the retiree caught off guard but so was their real estate agent. Unfortunately, their chosen lender's underwriting guidelines did not allow the inclusion of necessary information in favor of the retiree.

Solution: Fortunately, the retiree's real estate agent reached out to our team and paved the way for a phone conversation between the two parties. After that conversation, our team assured the homebuyer that the MCF Mortgage Portfolio program would allow us to include the favorable information and get their loan approved. Our program looks at the complete financial picture and removes unnecessary and antiquated underwriting guidelines. Not only did we close this loan but provided peace of mind to the retiree with a long-term fixed rate.

Remember, not all homeowners are alike, so MCF Mortgage has loan programs that meet the needs of the marketplace.

🔥🔥Remember to Mortgage Intelligently™

💖My Family
💲Mortgage Expert
🤓Home Loan Genius
📲 301-761-2278 (office)
🌎Serving AL, CA, CO, DC, DE, FL, GA, IL, MD, NC, NJ, PA, SC, TN, TX, and VA
💪🏼NMLS # 385064
👇🏼Let’s do something

www.rayPcruz.com

Address

3 Bethesda Metro Center, Suite 700
Bethesda, MD
20814

Website

https://linktr.ee/raypcruz

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