About The Mortgage Option Inc
The Mortgage Option Inc. is a full-service mortgage company based in Washington DC, specializing in both residential and commercial mortgage loans across Washington DC, Maryland, and Virginia. Since their establishment, they have aimed to help clients achieve homeownership, save money through refinancing, and build real estate portfolios. They offer a diverse range of mortgage products tailored for homebuyers and real estate investors.
A key differentiator for The Mortgage Option Inc. is their comprehensive offering of both traditional and niche financing programs. This includes government-backed loans like FHA, VA, and USDA, as well as conventional, Non-QM, and Jumbo loans. They are particularly adept at serving real estate investors, providing solutions such as bank statement loans, and extending financing to foreign nationals and ITIN borrowers who may face challenges with traditional lenders.
The company emphasizes client options, competitive rates, and a streamlined digital mortgage process, including online application, pre-qualification, and a loan calculator. Their commitment lies in guiding clients through the complexities of loan options to find the best fit for their financial goals, ensuring a seamless experience from initial inquiry to closing.
A key differentiator for The Mortgage Option Inc. is their comprehensive offering of both traditional and niche financing programs. This includes government-backed loans like FHA, VA, and USDA, as well as conventional, Non-QM, and Jumbo loans. They are particularly adept at serving real estate investors, providing solutions such as bank statement loans, and extending financing to foreign nationals and ITIN borrowers who may face challenges with traditional lenders.
The company emphasizes client options, competitive rates, and a streamlined digital mortgage process, including online application, pre-qualification, and a loan calculator. Their commitment lies in guiding clients through the complexities of loan options to find the best fit for their financial goals, ensuring a seamless experience from initial inquiry to closing.
Company Information
Lender Type: Direct Lender
Headquarters: Washington DC, DC
Licensed In
DCMDVA
Digital Capabilities
Online Application
Rate Calculator
Pre-Qualification Tool
Digital Document Upload
Home Loan Products
Conventional Home Loans
Loan Types:
ConventionalRefinance
Rate Types:
Fixed RateAdjustable Rate (ARM)Interest-Only
Property Types:
Single-Family HomeCondoMulti-Family (2-4 units)Investment Property
Occupancy Types:
Primary ResidenceInvestment Property
Employment Types:
W-2 EmployeeSelf-EmployedInvestor
Income Verification:
Full Documentation
Available Terms:
15 years30 years
100%
Max LTV
FHA Home Loans
Loan Types:
FHARefinance
Rate Types:
Fixed RateAdjustable Rate (ARM)Interest-Only
Property Types:
Single-Family HomeCondoMulti-Family (2-4 units)
Occupancy Types:
Primary Residence
Employment Types:
W-2 EmployeeSelf-Employed
Income Verification:
Full Documentation
Special Programs:
Low Down Payment Program
Available Terms:
15 years30 years
100%
Max LTV
VA Home Loans
Loan Types:
VARefinance
Rate Types:
Fixed RateAdjustable Rate (ARM)Interest-Only
Property Types:
Single-Family HomeCondo
Occupancy Types:
Primary Residence
Employment Types:
W-2 EmployeeSelf-Employed
Income Verification:
Full Documentation
Special Programs:
Veteran Program
Available Terms:
15 years30 years
100%
Max LTV
USDA Rural Development Loans
Loan Types:
USDA
Rate Types:
Fixed RateAdjustable Rate (ARM)Interest-Only
Property Types:
Single-Family Home
Occupancy Types:
Primary Residence
Employment Types:
W-2 EmployeeSelf-Employed
Income Verification:
Full Documentation
Special Programs:
Low Down Payment Program
Available Terms:
15 years30 years
0
100%
Max LTV
Jumbo Home Loans
Loan Types:
JumboRefinance
Rate Types:
Fixed RateAdjustable Rate (ARM)Interest-Only
Property Types:
Single-Family HomeCondoMulti-Family (2-4 units)Investment Property
Occupancy Types:
Primary ResidenceInvestment Property
Employment Types:
W-2 EmployeeSelf-EmployedInvestor
Income Verification:
Full Documentation
Available Terms:
15 years30 years
100%
Max LTV
Non-QM Investor & Specialty Loans
Loan Types:
Non-QMBank Statement
Rate Types:
Fixed RateAdjustable Rate (ARM)Interest-Only
Property Types:
Investment PropertySingle-Family HomeCondo
Occupancy Types:
Primary ResidenceInvestment Property
Employment Types:
Self-EmployedInvestor
Income Verification:
Bank StatementNo Income Verification
Special Programs:
Bank Statement ProgramForeign National ProgramITIN ProgramSelf-Employed Program
Available Terms:
15 years30 years
Renovation Loans
Loan Types:
ConstructionFHA
Rate Types:
Fixed RateAdjustable Rate (ARM)Interest-Only
Property Types:
Single-Family HomeCondoMulti-Family (2-4 units)
Occupancy Types:
Primary ResidenceInvestment Property
Employment Types:
W-2 EmployeeSelf-Employed
Income Verification:
Full Documentation
Special Programs:
Renovation LoanFHA 203k
Available Terms:
15 years30 years
Commercial Loan Products
Commercial Mortgage Loans
Loan Types:
Conventional CRE
Property Types:
Multifamily (5+ units)Office
Contact Information
2200 Pennsylvania Avenue
Washington, DC 20037
US
Mailing Address:
2001 L St NW, Suite 501 Washington DC
Connect With Us
Get a Free Quote
Thank you! Your request has been sent. We will contact you soon.
An error occurred. Please try again.
Business Information
Category: Mortgage Broker
Location: Washington, DC
Status: Standard
Type: Direct Lender
Profile Views: 4
Advertisement Space