MBANC press coverage

What does the press say about MBANC and our lending methodology?

The media loves to talk about MBANC’s Non-QM (Non-qualifying mortgage) process and success.

What we have noticed is the performance of these loans are better than your traditional conventional loans.

As the mortgage servicers who deal in non-QM loans establish positive performance trends, non-QM loan programs will continue to expand.

What’s different today from what we saw in 2008

is that people who are qualifying for loans are actually qualified. They are creditworthy.

MBANC has a different view on how you should qualify for a mortgage.

The lender personalizes the qualification process and looks at you holistically.

Although it might feel good to know you fully own your home,

there might be more financially savvy places to put your money.

Because MBANC is funded by private investors looking for entrepreneurs to whom they can lend,

it controls all of its loan analysis and decision-making.

Mbanc is a direct-to-consumer non-qualified mortgage lender

whose customer base includes business owners who accept online payments for their products and services.

“There are a few other strings attached, too: If you are a first-time buyer,

you will be required to go through a homeownership education program,” adds Tabitha Mazzara.

We’ve made it easy to do everything from your couch.

There are a few other strings attached, too:

“If you are a first-time buyer, you will be required to go through a homeownership education program,” adds Tabitha Mazzara, director of operations at MBANC, a mortgage lender.


I think that they would be solely for a savvy real estate investor

that understands how to move through the market and is comfortable with the terms within the balloon note.

The vendor will get the clear advantage

of the ability to cost an excessive fee of curiosity for a mortgage.

“Underwriting is basically just verifying all of the information the borrower has provided on their loan application

— their income, their tax returns, their bank accounts and other assets,” says Mayer Dallal.

“If someone is selling during the holidays, it usually indicates they’ve already left their former home behind,

and they’re spending the holidays elsewhere, so they have emotionally disassociated themselves from the home,” Mayer said.

“It’s tough to overstate the importance of credit scores to a mortgage loan application,”

says Tabitha Mazzara, director of operations at Mortgage Bank of California. “They’re one of the top things lenders consider.”

Business owners and homeowners are turning to financing options like green loans

or energy efficient mortgages so they can make eco-friendly and energy-saving improvements while saving money on their utility bills every month.

Look at any open house — they’re crazy crowded.

The competition and demand is so high that even if you have government help, someone else might come in with 50% down.


It’s a true sellers’ market right now,

with more adherence to sellers’ demands than normal.

“They’re going to have to up their budgets,” says Mayer Dallal, managing director at mortgage lender MBANC.

“Interest rates are going to keep creeping up, and home prices may either continue to rise or may flatten, but I don’t see them going down anytime soon. A budget that was reasonable a couple of months ago may not be as interest rates climb.”

Home buyers: Don”t wait for home prices to drop in 2022.

“You could potentially get a 30-year fixed-rate loan,

or you could get a jumbo mortgage with an adjustable rate, allowing you some flexibility in your loan terms,”

“It gives customers better control… [and] allows them to access more services,” said Desh Weragoda

chief technology officer for MBANC, a specialized mortgage lender for self-employed business owners and investors. MBANC uses open banking technology to allow customers to share their financial data more easily.

“The immediate thing that comes to mind is people don’t trust it right now,” he said.

“And even if people did trust it, exchanging crypto is a bit difficult. Think about the processes you have to go through just to take money and turn it into some type of crypto — it’s kind of intimidating and it’s a big hurdle.”

You can’t improve your score if you don’t know what it is. “Pull a copy of your credit report from each of the three major national credit bureaus: Equifax, Experian, and TransUnion,”

says Mayer Dallal, managing director at MBANC. “It’s free once a year. Then, review each report to see what”s hurting or helping your score.”

“Like scores in golf, you want to have low scores in credit utilization – anything under 30% is good,”

says Tabitha Mazzara, director of operations at Mbanc, a mortgage lender headquartered in Manhattan Beach, California.

According to Mayer Dallal, managing director of mortgage lender MBANC,

“Choose a lender with fast closing times because sellers are enticed by the offer of a fast close. MBANC offers loans that close in 21 days.”

Put your crypto in a custodian account, which is basically an intermediary that holds your crypto, and they do a margin call on it.