Indiana Mortgage Loans

Indiana mortgage loans and Indiana Home Loans are now available at MasonMac

MasonMac is now officially licensed to provide mortgage loans in Indiana.  Indiana is the 32nd state MasonMac has obtained licensing in, and brings industry leading customer service and a wide product offering to the state.  In short, Indiana mortgage loans just got a whole lot better! Residents in the Hoosier State now have access to…

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Trigger Leads – What Are They & What You Can Do

Trigger leads are generated when lenders buy your data from the credit bureaus, then the calls begin...

Do Credit Bureaus Sell Your Information – Trigger Leads   Have you ever had your credit report pulled when applying for a loan, only to be swarmed with calls from creditors trying to sell services or offer loans?  This isn’t a coincidence, and is one of the most annoying aspects of applying for credit for today’s…

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Is It a Good Time to Buy a House?

Is it a Good Time to Buy a House

Is It a Good Time to Buy a House?   This question is one of the most common questions we see from consumers, investors, real estate agents, and many others with interest in the real estate market.  The answer is ‘yes’.  But it also depends on your specific situation, what’s important to you, and where…

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2023 Conventional Loan Limits

conventional loan limits for 2023

The Federal Housing Finance Agency (FHFA) has released the loan limits for 2023.  With this announcement, FHFA has effectively raised the limit on how many dollars can be borrowed using Fannie Mae & Freddie Mac Conventional loan products.  The loan limits increased across the nation, with variances in the increases for “high cost areas”, and…

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What is a 203K Loan?

Is your home in need of renovations and repairs? A 203K loan could be your answer! A 203K loan is a home improvement loan that allows borrowers to finance the cost of repairs or improvements on their home. It’s typically used for projects that will increase the property’s value and/or improve its energy efficiency. It…

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September 21, 2022 Fed Rate Hike

Interest Rates and The Federal Reserve - Sunset

The Fed has once again raised their Fed funds rate by an expected .75 percent.  As we explained in previous posts about Fed rate hikes, this is not a direct increase to mortgage rates, but the Fed’s move does have an impact on the mortgage marketplace and the broader economy. The most recent rate hike…

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What Is a Mortgage Rate Lock?

A mortgage rate lock offers protection in a rising interest rate environment

What is a Mortgage Rate Lock? A mortgage rate lock allows customers in need of mortgage financing to “lock” in their interest rate.  This is an important feature of mortgages because the markets that influence mortgage rates (Mortgage backed securities, or MBS) trade each day and in certain markets can be very volatile.  Rates can…

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MasonMac’s Lock & Shop Loan Program

MasonMac's Lock & Shop mortgage allows home buyers to search for a home with interest rate protection in place.

In a volatile interest rate market, one of the most stressful parts of home buying can be trying to find the perfect home while trying to keep track of rates, payments, and affordability.  In a relatively calm market, it may not be a big deal, but in 2022, when rates have moved upward faster than any time…

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The Latest Fed Rate Hike

The Fed Rate hike today moves borrowering costs higher, but should help mortgage rates come down

Once again, in an effort to curb inflation, the Fed has announced another Fed Rate Hike to the tune of a .75 increase to the Fed Funds rate.  This Fed rate hike brings the Fed funds target rate range to 2.25%-2.5%, and the increase was in line with expectations, resulting in minimal initial changes to…

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How Do Renovation Loans Work

Renovation Mortgage

Renovation loans, or renovation mortgages, can be a great way for home buyers to find a house and turn it into their dream home.  It can also be a great way for home owners to stay in a home they love while making the updates that they want or need.  Renovation loans can be used…

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Mason-McDuffie Mortgage

12647 Alcosta Boulevard
Suite 300
San Ramon CA. 94583

Phone: 925-242-4400
Fax: 866-743-0260
Toll-Free: 877-275-6662
info@masonmac.com

Questions about your payment? Please call 866.671.9519 or email servicing@masonmac.com

Licensing

Licensed by The Department of Financial Protection and Innovation
under the California Residential Mortgage Lending Act. NMLS# 1141
NMLS Consumer Access Site

Not  a  commitment  to  lend. Rates  and  terms  subject  to  change  without  notice. Licensed by The Department of Financial Protection and Innovation under  the  California  Residential  Mortgage Act  No. 4130968; AL  #22653; AR  #32700; Colorado regulated by the Division of Real Estate; DE #019623; FL #MLD819; Georgia Residential Mortgage Licensee #20924; ID #MBL-5861; Kansas Licensed Mortgage Company #MC.0025601; KY: #MC701698; MD: #16927; Mississippi Licensed Mortgage Company Licensed by the Mississippi Department of Banking and Consumer Finance; Licensed by the NJ Department of Banking and Insurance; NC: L-152867; NV: #3681; OK: #ML012358; Licensed by the Oregon Division of Financial Regulation #ML-3808; PA: #37008; TN: #112513; Licensed by the Virginia State Corporation Commission #MC-5579, WV: #ML-31523/MB31759, WY: #3964. NMLS #1141. www.nmlsconsumeraccess.org

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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