Glenn McDonald

Glenn McDonald

Rocket Mortgage
Loan Officer | 8 Years of Experience

About Glenn McDonald

Rocket Mortgage charges fewer servicing fees than most other services. Flexible term lengths, from 8 to 30 years Works with unqualified borrowers to improve credit (Free service) Cash-out ReFi up to $2 million with a jumbo or VA loan Rocket Mortgageā€™s minimum credit score requirements are: 620 for a conventional loan 580 for an FHA loan 580 for a VA loan 680 for a jumbo loan Minimum Down Payment Down payment requirements: 0% for VA loans, as little as 3% for certain conventional loans, and 3.5% for FHA loans. Maximum Debt-to-Income (DTI) Ratio Loan type =Max DTI Jumbo = 45% Conventional = 50% VA= 60% FHA = Determined by the automated underwriting system Current Programs: Grants up to $7,500 and if accepted we could offer a 2-1 Buy down and pay 1% of your interest rate for 1 year. No matter what type of mortgage you apply for, you can expect to get preapproved (or declined) in as little as 8 minutes, and usually within 24 hours of submitting your request. Once you apply, we can underwrite your loan in as little as one hour, but more commonly within two days, not including weekends. We can close a loan in eight days in a best-case scenario. On average, a conventional refinance/purchase is 21 days. You can sign your loan disclosures and closing documents electronically which can help speed up the process. Accepts co-signers Apply At www.TennMortgage.com Discuss your options: Calendly.com/IntegratedAssets
Learn More About Glenn McDonald

Languages

  • English
  • Spanish

Credentials

LICENSE
NMLS - Tennessee - #2334695
EDUCATION/CERTIFICATES
Degree in Real Estate Finance and Development from the University of Memphis

Type of Properties Serviced

  • Single family home
  • Townhome
  • Condominium
  • Multi-family home
  • Manufactured or mobile home
  • Commercial Property

Type of Loans Offered

  • Reverse mortgage
  • Home equity
  • Property refinance
  • Property purchase

Loan Options Offered

  • Fixed rate loan
  • Interest only mortgage
  • VA loan
  • Jumbo loan
  • Renovation Loans
  • Construction to permanent financing
  • Bridge loan / Gap financing
  • USDA loan
  • FHA loan
  • Adjustable rate loan
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1 Reviews

Msbjword

Mr. McDonald was amazing! He really stayed on top of every detail regarding the sell of my property. Even in an unsure market, Mr. McDonald made sure that I received a great offer and that my deal went smoothly!

Location & Hours

Memphis, TN 38120

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Office Hours

Sun
08:30 am - 04:00 pm
Mon
06:00 am - 10:00 pm
Tue
07:00 am - 11:45 pm
Wed
07:00 am - 11:45 pm
Thu
07:00 am - 11:45 pm
Fri
07:00 am - 06:00 pm
Sat
08:00 am - 03:00 pm

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