What is Manna Mortgages Expertise?
• Providing prompt and reliable mortgage approvals and processing, and utilizing the industry’s most advanced automated underwriting, qualification and analysis tools. • Building continuing professional relationships with the leadership and staff of nonprofit, for-profit and government entities serving low and moderate-income persons. These include: • Organizations administering DC’s Home Purchase Assistance Program (HPAP), Employer Assisted Housing Program (EAHP), and DC Metropolitan Police Housing Assistance Program (MPHAP); • Nonprofit and for-profit housing developers building low to moderate-income housing; • Realtors and Realtists; • Real estate attorneys and settlement agencies; • National bank conventional lenders. • Knowing the low-cost loan programs that are available. • Structuring “layered” first and subordinate mortgage financing, often including three or more mortgages, to obtain a loan package with the most appropriate terms and most reasonable costs for each homebuyer.
