My Products, Programs, and Processes

Mortgage and Lending with Mortgages in AZ, CA, CO, DE, FL, GA, IN, MD, MN, MT, NC, NJ, NV, OK, OR, PA, SC, SD, TN, TX, UT, VA, WI NMLS #138061 MMCD #1141

Products, Programs, and Processes

Last updated: 2/22/19 (additions: the JM Loans team is now licensed to do mortgage loans in Nevada, Social Media Training, Single Property Websites, VA Renovation loans, "Forest Friendly" hybrid closing for conventional loans)


At least a couple times each week I'm asked to send over a list of products that we offer that may be different - Realtors, financial advisors, and other business partners are wanting to know what's available to meet the needs of more and more clients.  The problem is, every time we make a flyer, it's outdated the following week as programs and products come and go.  Mason McDuffie Mortgage Loans


So, I thought an ever-evolving blog post on what we offer would be the best way to go. I'll keep it edited and updated with the latest, greatest (and heck, even the products I think are not the greatest, just so you know they exist on the rare occasion they're needed).


Loan Programs 


Conventional Loans


- Agency direct to Fannie Mae & Freddie Mac for all conventional products.  This means:

  • Up to 10 financed properties allowed
  • No Tax returns required (unless greater than 25% of income is bonus/commission/borrower is self-employed/rental income must be used to qualify)
  • No overlays on property flip sales
  • Non-occupant coborrower up to 95% LTV
  • 100% of down payment funds can come as a gift


Lender paid mortgage insurance up to 95% LTV (great product for people with great credit and less than 20% down)

- Homestyle Renovation - conventional renovation/rehab loans

- Manufactured homes OK
- Approved down payment assistance programs allowed! (in CA, GSFA Platinum, Wish, Grow, Daisy products can all be used for down payment/closing costs.  In other states, approved bond programs are OK to use)
- HELOC up to 95% (80-15-5 loan) - eliminates PMI for borrowers with only 5% down
- Fannie Mae and Freddie Mac appraisal waiver on purchases and refinances OK

 - Delayed Financing (cash out refi on cash-acquired property within 6 months of acquisition - great for investors or buyers forced last minute to purchase using cash)

- Construction-perm loans now available! - 1 time close! 


- 100% conventional financing for 15 and 20 year terms on purchase loans in CO, FL, GA, NC, SC, VA, and WA (reduced PMI rates, GREAT for buyers planning for retirement)


- Conventional Streamline Renovation Product - include up to 15% 'as-completed' value into your loan amount as renovation costs.  Easier process than homestyle OR 203k renovation products with NO RATE INCREASE


Government Loans (FHA, VA, USDA)

 - Ginnie Mae direct lender - underwriting strictly to HUD standards without overlays

- FHA purchase and refinance with no additional overlays on FICO scores down to 580 (FHA loans available to FICO of 500 with additional restrictions)
- Manual underwriting OK (great for loans referred in automated underwrting/recent Bankruptcy or current Chapter 13)
- FHA 203(k) Streamline AND Full renovation products (done in-house!)
- FHA 203(h) disaster relief loans 
- No FICO required for FHA
- FHA purchase with repairs needed (up to $5,000 allowable)
- HUD Approved down payment assistance programs (DPA) allowed 
- CHENOA DPA program to cover 3.5% required down payment (no required funds from borrower/buyer)
- VA loans to 580 FICO  
- In-house underwriting and direct lending for all government products
- USDA to 620 FICO
- Manufactured homes OK
- VA Jumbo loans (OK to exceed county loan limits using VA guidelines)

- VA Renovation Loans - underwritten to VA guidelines


Jumbo/Non-QM/Alt-Doc Products

- Loan amounts to $10 million

- Fully amortizing AND Interest-only jumbo options

- Delegated underwriting to $3 million (in-house underwriting, approved and funded by us)

- 95% LTV jumbo to $850,000 loan amount

- 90% LTV up to $2M purchase price with NO PMI

- Up to 49.99% DTI jumbo

- Asset depletion/assets for income

- Close in LLC OK

- Non-warrantable condos, co-ops, condotels OK

- Unique properties- mixed use, hobby farms

- Restricted Stock Units OK to use for income from any publicly traded company

- No limit on number of financed properties

- Jumbo Delayed Financing (Cash out within 6 months of purchase on cash-acquisition properties)

- Foreign Nationals OK

- Bank Statement loans (personal and business bank statement options available)

- Loans to borrowers living outside the US (expats with property in the US, for purchase or refinance)

- Non-government loans now available down to 500 FICO

- Recent Credit Event Programs -1 day out from foreclosure, bankruptcy





 In-house underwriting for majority of loan products

  •  HUD delegated for FHA (approval is in-office at our underwriters discretion)
  • Forest-friendly closing.  Our hybrid closing process for conventional loans uses e-signatures, substantially reducing the time and paperwork required for settlements
  •  In-office processing, underwriting, AND closing/funding (immediate access to operations team)
  • Ability to broker for niche borrowers/products
  • Goal from application to clear to close in 2 weeks for conventional, FHA, and VA products.  3 weeks for USDA.  30-45 days for niche/broker loans
  • Documentation requests direct from agency guidelines (we request NOTHING outside of what agencies/investors require)
  • Digital mortgage process for borrower who want a streamlined/paperless process – Blend online application and document upload portal, disclosure packages thru docusign. 
  • Personally licensed in CA, CO, DE, FL, GA, MD, NC, NJ, NV, PA, OR, TN, TX, and VA (other members of my team carry licenses in HI, ID, MT, NV, and WA)


  Marketing Support

  • Agent Experience social media support and training for brokers/agents
  • Involvement/inclusion in Mason Mac database marketing (newsletters, custom seasonal pieces, etc)
  • Cobranded post-close marketing for all referred clients (my marketing to mutual clients is your marketing, too!)
  • Video creation/editing
  • Credit repair with 3rd party portal and updates to keep “not ready…yet!” clients in your pipeline
  • FSBO/expired listing marketing tools
  • Farm/demographic focus marketing partnerships available
  • When available, leads and introductions for buyers and sellers
  • Single Property Websites, Open House Lead Capture, Property Listing Flyers - ALL FREE, and linked to local MLS
  • Social Media and technology training
Posted by

John Meussner
NMLS ID #138061

It's more than a house - it's home.  So we offer a wide range of mortgage products at competitive prices to help our clients achieve financial security at home.  While we get great feedback on our prices and products, many clients say their favorite part of working with John Meussner & MasonMac is the level of service provided along the way.

Purchase money loans, Refinance, Renovation, Jumbo, FHA, VA, USDA, nonQM, HELOCs, and more

Licensed in
and VA


(484) 680-4852
Call or Text

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Loan Options


Comments (10)

Lottie Kendall
Compass - San Francisco, CA
Helping make your real estate dreams a reality

Great idea on how to keep us updated on various loan products. Thanks, John.

Oct 19, 2017 11:25 AM
John Meussner

Thank you Lottie Kendall  --- I was trying to find a flyer for you after our previous convo, but they were all full of jargon or didn't cover enough, so I figured this would be an easier way to both communicate what we can do, and regularly update it : )

Oct 19, 2017 11:27 AM
John Meussner
Mortgages in AZ, CA, CO, DE, FL, GA, IN, MD, MN, MT, NC, NJ, NV, OK, OR, PA, SC, SD, TN, TX, UT, VA, WI - Fair Oaks, CA
#MortgageMadeEasy Fair Oaks, CA 484-680-4852

And please forgive the format, y'all --- by now we all know how the AR editor likes to act up - half of this post was created in the editor and the other half had to be copied/pasted from elsewhere.  Ugh.

Oct 19, 2017 11:28 AM
Debbie Reynolds, C21 Platinum Properties
Platinum Properties- (931)771-9070 - Clarksville, TN
The Dedicated Clarksville TN Realtor-(931)320-6730

Thank you John for the comprehensive list. I see some interesting new programs to me that I was unware of. I hope to do business together one day.


Oct 19, 2017 06:22 PM
John Meussner

I'd love that, Debbie - will be sure to let you know how the current TN purchase goes, and feel free to reach out if you ever need help or product info.

Oct 19, 2017 06:28 PM
Kathy Streib
Cypress, TX
Home Stager/Redesign

John- I think this is a smart idea to provide this kind of update on your products, programs, and processes! It helps to keep this information right in front of the eyes of the agents!!!

Oct 19, 2017 06:31 PM
John Meussner

Thanks Kathy - I think it's helpful to share what's out there, a lot of these products can help both buyer and listing agents do more business.  It's also easier for me to list it in this format than create flyers that will constantly need edits and reprints : )

Oct 19, 2017 06:34 PM
Brenda Whitman, Live in Laramie Real Estate
Live in Laramie Real Estate, Laramie, Wyoming - Laramie, WY
Broker/Co-Owner, Laramie, Wyoming

Good idea on keeping  a running blog post on the various products you offer and their updates!  I guess that isn't a good use of your time to create a new marketing flyer everytime a change is made.

Oct 20, 2017 11:12 AM
John Meussner

Exactly, Brenda - every time I work with or meet someone new I want to let them know what we do, and there are too many edits to keep up with!

Oct 20, 2017 11:13 AM
Hella M. Rothwell, Broker/Realtor®
Carmel by the Sea, CA
Rothwell Realty Inc. CA#01968433 Carmel-by-the-Sea

John, fabulous idea - and you are in California besides.

Oct 20, 2017 11:22 AM
John Meussner

Thanks Hella, and yep, just relocated to NorCal in August up from SoCal : )

Oct 20, 2017 11:37 AM
Debe Maxwell, CRS
Savvy + Company (704) 491-3310 - Charlotte, NC

I have GOT to get you that first NC buyer, John - you are so organized and I've heard such rave reviews from agents in other's time for an NC buyer to get that train rolling!

Have a wonderful weekend, John!

Oct 21, 2017 07:13 AM
John Meussner

Thanks Debe Maxwell, CRS , greatly appreciate that and I am looking forward to working together sometime as well, hopefully sooner than later!

Oct 23, 2017 09:23 AM
Margaret Goss
@Properties - Winnetka, IL
Chicago's North Shore & Winnetka Real Estate

Why reinvent the wheel, right? I would suggest you put in the date in the title every time you update it so people will know it's current info.

Oct 21, 2017 11:32 AM
John Meussner

Thanks Margaret Goss , suggestion taken and I've added the update date at the very beginning : )

Oct 23, 2017 09:21 AM
Corey Martin
Martin Presence Group - Ruston, LA
Real Estate and Management Solutions

I agree with Margaret Goss. A date would help us to know how up to date the list is. Thanks for giving us an updated list today, though. 

Oct 21, 2017 07:16 PM
John Meussner

Corey Martin agreed, although the goal will be to always have it up to date

Oct 23, 2017 09:22 AM
Gene Mundt, IL/WI Mortgage Originator - FHA/VA/Conv/Jumbo/Portfolio/Refi
NMLS #216987, IL Lic. 031.0006220, WI Licensed. APMC NMLS #175656 - New Lenox, IL
708.921.6331 - 40+ yrs experience

You're absolutely right about the speed in which programs (and interest rates) change, John Meussner ... by the time you get them on paper, they are obsolete or undependable, at minimum.  You address that issue perfectly.

IMO, it's always best to go directly to the source (the LO) and assume nothing.  That way the info you have and are working with is always correct and timely ...

Great post ... Congrats on the Feature!


Oct 22, 2017 04:39 PM
John Meussner

Thanks Gene, much appreciated.  This will definitely be a paper saver!!

Oct 23, 2017 09:22 AM