BC Finance Home Purchase Mortgage Review

BC Finance Home Purchase Mortgage is offered by BC Finance, LLC (NMLS #116874), a direct lender founded in 2012 and based in Miami, FL. BC Finance Home Purchase Mortgage is available in 1 state across the USA.

• Specializes in multi-family properties. Only offers mortgages for multi-family properties, but not for single-family homes or manufactured homes.
• Standard interest rates types. BC Finance Home Purchase Mortgage only offers
• Considers personal use and investment properties. Financing available for primary homes, vacation homes, and even investment homes, such as rental properties.
• Charges a prepayment fee. This means you will be charged an additional fee if you repay the mortgage early.

How much can you borrow via BC Finance, LLC?

BC Finance allows borrowers to apply for loan amounts of up to $999,000. Note that the maximum loan amount you can borrow will also vary depending on the type of mortgage you choose, regardless of the lender you choose.

What mortgage rates does BC Finance, LLC offer?

Mortgage rates change daily based on market conditions and vary significantly depending on the loan type and the length of the term. For instance, fixed rate mortgages will typically have a higher interest rate than mortgages with variable rates, and jumbo loans usually have higher mortgage rates than conforming conventional loans. Find the best interest rate available to you by getting quotes from three or more mortgage lenders before choosing a home loan.

Does BC Finance charge an application fee?

Do they charge mortgage origination fees?

Yes, BC Finance may charge a loan origination fee.

What property usage types does BC Finance allow?

Some mortgage lenders restrict the type of usage borrowers give mortgaged properties. BC Finance allows the following property usage types: 

• Primary home
• Secondary homes and vacation properties
• Investment properties and house flipping projects

What is the customer service phone number?

The customer service number for this business card is (305) 371-3411.