Mortgage broker Maxim Lending Corp launches new programs as market rates soar
Laguna Hills, Calif., July 08 12, 2022 (GLOBE NEWSWIRE) — Maxim Lending Corp, a mortgage broker, has introduced more accessible programs for homeowners and investors as they anticipate a slowing housing market. Maxim Lending Corp hopes to offer clients a way to purchase or refinance investment properties despite the impending recession we seem to be heading into as real estate rates continually rise.
The broker hopes to help first-time market entrants make low-cost investments with high rates, then refinance when rates are lower. Maxim Lending Corp has been in business for a year and has been providing its clients with the best rates and comprehensive advice to ensure the maximum return on investment since its launch. Maxim Lending Corp strives to make its services as accessible as possible, with some clients holding FICO scores as low as 500. Maxim Lending Corp is licensed to do business in its home state of California, as well as Arizona , Minnesota, Maryland, Virginia, South Carolina, Georgia, Florida, Texas and Colorado.
Brian Jahanbin, President of Maxim Lending Corp, has been in the industry for 20 years and has extensive experience in the field. “I’ve had good days and bad days, but my advice to people in my business is to stay in the game and be consistent,” says Brian Jahanbin. “In this industry, with an economy subject to any change in the market, you have to be ready to catch your next wave rather than get caught up in chasing one.” He has trained and managed over 300 mortgage lenders in the past and was a top mortgage originator for three years from 2019 to 2021.
Maxim Lending Corp has unveiled several new programs, including Debt Service Coverage Ratio (DSCR) loans that allow clients to purchase or refinance investment properties without having to verify income or submit statements of income or revenue. Property owners and investors will benefit at a time when the housing market is subject to change in an unstable economy. As financial hardship for the average American becomes more common, home sales plummet again, leading to a shift in the market that favors buyers looking to take advantage of both the lack of competition in the home buying, loan accessibility and competitive refinancing. plans offered by groups such as Maxim Lending Corp.
Maxim Lending Corp is a full-service brokerage firm, which offers different plans, including programs for borrowers with low scores or self-employed borrowers who cannot show their income on their tax returns. Maxim Lending Corp has access to the lowest rates in the market and has over 100 different lenders to ensure clients get the best rate and cost. With competitive rates, the company encourages market participants to take advantage of refinancing options for high rate investments. “I think we’re going to see some market downturn due to a higher rate environment and most likely a recession over the next 6 months,” Brian Jahanbin said. “I think this is a great opportunity for first time buyers to enter the market as prices will be more negotiable, the best decision is to buy properties at a lower price and higher rates and refinance when rates are falling again.”
The financial sector has generally been less accessible since the 2008 financial crisis. Prior to this year, mortgage lenders did not apply as much scrutiny when approving loans to investors and homeowners. This led to a market collapse due to both fraud and bankruptcy of loan recipients. As interest rates continued to rise, many Americans were unable to pay their mortgages.
Fortunately, the housing market these days generally takes greater steps to ensure stability in the sector. However, for borrowers who are considered high-risk customers, typically those with poor credit histories or income not verifiable by W-2, these restrictions on loan amounts and eligibility are incredibly difficult to enforce. overcome. This, combined with the deteriorating state of the US economy, puts companies like Maxim Lending Corp in a position to provide an avenue for the average potential homeowner or real estate investor to purchase and refinance options.
Brian Jahanbin has worked in the mortgage industry for over two decades and has closed over $1 billion in mortgages. He has been named one of America’s Top Mortgage Originators for three consecutive years. Jahanbin has trained and managed over 300 agents and established Maxim Lending Corp in 2021, eventually gaining accreditation from the Better Business Bureau.
“We offer Jumbo, Veterans Affairs, Federal Housing Administration, Conventional, Bank Statement, Stated Income and Hard Money mortgages with the most competitive rates we can obtain through our network of lenders,” says Jahanbin. “Having been in the industry as long as I have, I have seen how volatile the market can be. Over the past 20 years, the housing market has been affected from all sides. Our goal at Maxim Lending Corp is to help borrowers succeed and offer advice that ensures maximum return on investment. Whether they’re looking to buy a home for their family to live in for decades or just hoping to break into real estate investing.
Maxim Lending Corporation is currently licensed in 11 states and holds an A- rating with accreditation from the Better Business Bureau. Since launching Maxim Lending Corp in 2021, the company has focused on providing loans at the lowest rates available in the market, with some clients having FICO scores as low as 500. Maxim offers Jumbo, Veterans Affairs , Federal Housing Administration, Conventional, Bank Statements, Reported Incomes and Hard Mortgages for prospective homeowners and investors. With the advice of experts who have been in the business for two decades, a network of more than 100 different lenders, and programs that offer accessible and reliable loans, Maxim Lending Corporation is committed to providing its customers with affordable options, rates reasonable and trusted advice from its experienced professionals on personnel.
To learn more, visit maximlending.net, call 888-345-9333 or contact Brian Jahanbin directly: [email protected]
CONTACT: Brian Jahanbin brian (at) maximlending.net.