McLean Mortgage Corporation presented donations to two very important groups in recognition of those who serve our country and those who are preparing themselves to serve our country in the future. McLean presented these donations at their company headquarters at 11325 Random Hills Road in Fairfax, Virginia (see pictures attached). The first donation was presented to sponsor the Loudoun Salute 2016, an effort spearheaded by the American Legion in support of the Loudoun County Veterans Program. Loudoun Salute is the largest event … READ MORE >
How You Pay Matters Are you a “transactor” or a “revolver” when it comes to your credit? Terms like these never have mattered much to home buyers seeking a home loan. You’ve probably never heard of them. Yet they are about to become more important to millions of home loan-seekers and they may even help determine whether you qualify for a loan in the first place. A transactor is someone who pays off credit bills in full every month or makes more … READ MORE >
McLean Mortgage Lifts YOY OriginationsQ3 production rises 4% from Q2Oct. 31, 2014 McLean Mortgage Corporation is one of the only companies that were able to lift residential loan production from a year earlier. Third-quarter home lending volume at McLean totaled 1,131 loans for $0.379 billion, according to the Mortgage Daily Third Quarter 2014 Mortgage Origination Survey. Business was better than in the prior three-month period, when the Fairfax, Va.-based firm closed 1,065 residential loans for $0.366 billion. One year earlier, McLean funded … READ MORE >
The Mortgage Bankers Association announced this week that they have sworn in a slate of newly elected Board of Directors. Nathan Burch, the President of McLean Mortgage, was among the members sworn in to the Board for the first time. Nathan is a long standing member of the Mortgage Bankers Association and has served the industry through the MBA by sitting on several committees, including the President’s Advisory Group, Residential Loan Steering, Loan Officer Compensation and the Qualified Mortgage Working Group. Nathan … READ MORE >
McLean Mortgage Corporation is proud to be named a Scotsman Guide 2013 Top Mortgage Lender. McLean was ranked 47th in Top Overall Volume nationally. Scotsman Guide released its second annual top Mortgage Lender rankings in its June 2014 Residential Edition. Earlier this year McLean Mortgage was also ranked 10th nationally as one of the 50 Best Companies to Work For as compiled by Mortgage Executive Magazine. “We are proud of the growth and recognition our company has achieved in our first six … READ MORE >
In recognition of this year’s Memorial Day Holiday, McLean Mortgage Corporation announced that the company is holding a fundraising promotion to benefit The Homes for Our Troops Organization. For the first 25 loan applications the company receives from veterans or those who are actively serving in the military starting May 21st, McLean Mortgage will donate $100 to the charity which focuses upon building specially adapted homes for severely injured veterans. Nathan Burch, President of McLean Mortgage Corporation, indicated that the Company has … READ MORE >
McLean Mortgage Corporation is pleased to announce that they have been named one of The 50 Best Companies to Work For by Mortgage Executive Magazine. McLean Mortgage Corporation was ranked 10th best in the industry based upon the average score of responses from over 8,000 loan officers in the industry. Over 160 mortgage companies and banks participated in the survey which rated each company’s culture, processing, underwriting, compensation, management, marketing and technology. The announcement was released in the April 2014 issue of … READ MORE >
McLean Mortgage Corporation announced that the company closed more than $1.5 billion in mortgage production in 2013; marginally higher than 2012 despite the overall drop in nationwide volume reported by the Mortgage Bankers Association (MBA). The Mortgage Bankers Association estimated industry-wide residential loan volumes dropped approximately 14 percent in 2013 as compared to 2012. Nathan Burch, president of McLean Mortgage Corporation, remarked that the company was able to outperform the industry average by attracting quality loan officers based upon Mclean Mortgage’s reputation … READ MORE >
McLean Mortgage Corporation is announcing the release of the RateFlex™ Program designed to aid homeowners and prospective homebuyers in today’s real estate market. McLean Mortgage recognizes the volatility of interest rates this year has made consumers more reticent to participate in the real estate market though rates are historically extremely low. McLean Mortgage has always been extremely innovative in our response to making it easier for the consumer to reach their goals when undertaking and real estate purchase and/or real estate refinance … READ MORE >
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