A Mortgage Resource for Your Employees 

Employees frequently face mortgage decisions during important career transitions.

They may be:

  • Relocating for a new position
  • Purchasing their first home
  • Moving because of a promotion
  • Transferring to another office
  • Selling one home and purchasing another
  • Purchasing before their current home has sold
  • Refinancing after relocation

Employers can provide additional value by giving employees access to an experienced mortgage resource.

I’m John Madden, owner of Capital Funding Mortgage, and I have been originating mortgages since 1999.

Capital Funding Mortgage helps borrowers throughout Pennsylvania and New Jersey evaluate mortgage financing and understand their options before making major housing decisions.

Relocating Employees

Relocation can create several financing questions.

An employee may need to know:

  • How soon new employment income can be used
  • Whether an employment offer letter is sufficient
  • Whether a current home must sell first
  • How two housing payments affect qualification
  • How bonuses or commissions will be treated
  • Whether relocation benefits can be considered
  • How quickly a pre-approval can be completed

We can review these issues early so the employee has realistic expectations.

Executives and Highly Compensated Employees

Executive compensation can be more complicated than a standard salary.

Income may include:

  • Base salary
  • Bonuses
  • Commissions
  • Restricted stock
  • Other incentive compensation

Mortgage underwriting rules vary depending upon the type and history of the income.

We can review the structure and determine what documentation may be required.

Employees Purchasing Before Selling

Some relocating employees want to purchase their next home before the existing home is sold.

We can evaluate:

  • Qualification carrying both properties
  • Available assets
  • Equity
  • Down-payment options
  • Potential bridge strategies
  • Timing of sale proceeds

First-Time Home Buyers

Younger employees may benefit from a mortgage professional who is willing to explain the process.

We can help with:

  • Pre-approval
  • Down payment
  • Credit
  • Closing costs
  • Monthly payments
  • Mortgage insurance
  • Loan-program comparisons

Employee Mortgage Education

Capital Funding Mortgage can also serve as an educational resource for employees.

Topics may include:

  • Preparing to buy a home
  • Understanding mortgage rates
  • Pre-approval
  • Closing costs
  • Refinancing
  • First-time home buying

No Cost to the Employer

An employer does not need to administer a complicated mortgage program simply to give employees access to a knowledgeable resource.

Employees can contact me directly when they have a mortgage question.

Corporate and Employer Partnerships

If your company employs people who are buying, relocating, or refinancing homes, I would welcome the opportunity to serve as a mortgage resource for your organization.

John Madden
Owner, Capital Funding Mortgage
Personal Cell: 215-601-6724

Helping employees make informed mortgage decisions during important career and life transitions.