in Home Purchase Mortgages from McLean MortgageUnaffiliated
|APR||Starting at 4%|
|Loan Amount||Up to $2,000,000|
|Loan Term||N/A years|
McLean Mortgage Review
Where does McLean Mortgage do business?
McLean Mortgage is a direct lender based in Fairfax, VA. The company was founded in 2008 and offers mortgages to borrowers in 8 states (and Washington, DC).
How much can you borrow via McLean Mortgage?
McLean Mortgage allows borrowers to apply for loan amounts of up to $2,000,000. 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 range of rates does McLean Mortgage offer?
McLean Mortgage offers home loans with APRs starting at 4% .
Does McLean Mortgage charge a mortgage origination fee?
Yes, McLean Mortgage may charge a loan origination fee.
What mortgage programs does McLean Mortgage offer?
McLean Mortgage offers the following mortgage types:
- Conventional mortgages: This includes any mortgage that is not insured or guaranteed by the federal government.
- FHA: Mortgages insured by the FHA, which usually have less stringent eligibility requirements, but borrowers must pay a mortgage insurance premium. Co-applicants are allowed and you can qualify for a down payment as low as 3%.
- VA: A zero down payment mortgage or a refinance of up to 120% of the home's value for American military members, veterans, and their spouses.
What property usage types does McLean Mortgage allow?
Some mortgage lenders restrict the type of usage borrowers give mortgaged properties. McLean Mortgage allows the following property usage types:
- Primary home
- Washington, DC
- North Carolina
- South Carolina
- West Virginia