Mortgage Solutions for your relocating employees
We work with you to develop a range of mortgage products and processes specially designed for your transferring employees. Our Mortgage counselors are assigned to look after your employees and work side-by-side with TheMIGroup relocation management team to enhance the mortgage team communication with all parties involved. Our home loan counselors guide your employees through the whole process including:
- How your benefits package works for them
- How to choose the right mortgage
- How to lock in preferred interest rates at no cost
- Documentation requirements
Benefits for your relocating employees:
We have access to a large range of Mortgage Products and Programs, not just one Financial Institution’s program. In today’s credit markets, this allows for more flexibility and customization. We offer a variety of innovative mortgage options, including Blended Jumbo loans, FHA/VA and new construction financing.
We can serve your transferees online, by mail, and via toll free phone.
Transferees can receive a mortgage commitment before they begin house hunting in their new location.
Our automated approval process for applicants with good credit enables our mortgage consultants to provide a loan approval at the time of application for the majority of transferees.
When the co-borrower of a transferee does not have a job waiting at the new destination, we can make special revisions, offering up to 100 percent credit for the co-borrower’s current income.
We work closely with your employer, which allows the mortgage counselors to proceed with minimum amount of documentation.
We offer a selection of loan programs that can help you finance your home even if your history shows difficulties in the past.
Once approved, we can arrange a convenient closing for you. On or before the initial closing date indicated in your original purchase contract.
Approved reimbursable closing costs are billed directly to your company, reducing the cash you need for closing.
