State Lending Parameters
Mortgage Resources is
licensed by the California Department of Real Estate, license number 00766621.
Within California virtually all programs which the mortgage market offers are
available. Beyond the boundaries of California, we are active in most States.
There are, however, some limitations imposed by State Statutes upon the
activities of any brokerage firm, especially those firms outside of the
boundaries of the State. Please call or email for questions beyond the general
guidelines expressed below.
Alabama - Alaska
- Arizona - Arkansas - California
- Colorado - Connecticut - Delaware
- District of Columbia - Florida
- Georgia - Hawaii - Idaho
- Illinois - Indiana - Iowa
- Kansas - Kentucky - Louisiana
- Maine - Maryland - Massachusetts
- Michigan - Minnesota - Mississippi
- Missouri - Montana - Nebraska
- Nevada - New Hampshire - New Jersey
- New Mexico - New York - North Carolina
- North Dakota - Ohio - Oklahoma
- Oregon - Pennsylvania - Rhode Island
- South Carolina - South Dakota
- Tennessee - Texas - Utah
- Vermont - Virginia - Washington
- West Virginia - Wisconsin
- Wyoming
Alabama
–
Apartment and Commercial financing available.
No residential loans available. Minimum loan amount of $200,000. Please call or email with specific scenarios.
Alaska – No Restrictions.
All loan types, residential, commercial and construction are available. Minimum
loan amount of $100,000.
Arizona – No programs of any kind are available.
Unconstitutional law regarding out-of-state lenders (at least in my opinion.)
Arkansas – Apartment and Commercial financing available. Limited number of
residential transactions. Minimum loan amount of $200,000. Please call or email with specific scenarios.
California – Full access to all programs. All
loan types, residential, commercial and apartment loans are offered.
Construction loans, home equity lines, fixed rate second mortgages and debt
consolidation loans all are available. No minimum loan amount.
Colorado – No
Restrictions. All loan types, residential, commercial and construction are
available. Minimum loan amount of $100,000.
Connecticut –
Apartment and Commercial financing available. Limited number of
residential transactions. Minimum loan amount of $200,000. Please call or email with specific scenarios.
Delaware –
Apartment and Commercial financing available. Limited number of
residential transactions. Minimum loan amount of $200,000. Please call or email with specific scenarios.
District of Columbia
–
Apartment and Commercial financing available.
Limited number of residential transactions. Minimum loan amount of $250,000. Please call or email with specific scenarios.
Florida – Apartment and Commercial financing
only. Borrowing entity must be a non-individual. Minimum loan amount of $250,000.
Georgia – Apartment and
Commercial financing available. No
owner-occupied residential loans available. Second homes and rental properties
acceptable. Minimum loan amount of $250,000. Please call or email with specific scenarios.
Hawaii – Residential, Apartment and Commercial financing
available, but only for those who are not residents of Hawaii. Minimum loan amount of $250,000.
Idaho – Apartment and
Commercial financing available. No owner-occupied
residential loans available. Second homes and rental properties acceptable.
Minimum loan amount of $250,000. Please call or email with specific scenarios.
Illinois – Apartment and Commercial financing available. No residential
loans available. Minimum loan amount of $200,000. Please call or email with specific scenarios.
Indiana – Apartment and Commercial financing available. No residential
loans available. Minimum loan amount of $200,000. Please call or email with specific scenarios.
Iowa – Apartment and
Commercial financing available. No owner-occupied
residential loans available. Second homes and rental properties acceptable.
Minimum loan amount of $200,000. Please call or email with specific scenarios.
Kansas – Apartment and Commercial financing available. No residential
loans available. Minimum loan amount of $200,000. Please call or email with specific scenarios.
Kentucky – Apartment and
Commercial financing available. Limited number of
residential transactions. No restrictions on commercial or apartment loans.
Minimum loan amount of $200,000. Please call or email with specific scenarios.
Louisiana – Apartment
and Commercial financing available. Limited number of
residential transactions. Minimum loan amount of $200,000. Please call or email with specific scenarios.
Maine – Apartment and
Commercial financing available. No owner-occupied
residential loans available. Second homes (if non-resident of Maine) and rental
properties acceptable.
Minimum loan amount of $200,000. Please call or email with specific scenarios.
Maryland – Apartment and
Commercial financing available. No
owner-occupied residential loans available. Second homes (if non-resident of
Maryland) and rental properties acceptable.
Minimum loan amount of $200,000. Please call or email with specific scenarios.
Massachusetts –
Apartment and Commercial financing available. Limited number of
residential transactions. Minimum loan amount of $200,000. Please call or email with specific scenarios.
Michigan – Apartment and Commercial financing available. No residential
loans available. Minimum loan amount of $200,000. Please call or email with specific scenarios.
Minnesota – Apartment and Commercial financing available. No
residential loans available. Minimum loan amount of $200,000. Please call or email with specific scenarios.
Mississippi –
Apartment and Commercial financing available.
No residential loans available. Minimum loan amount of $200,000. Please call or email with specific scenarios.
Missouri – Apartment
and Commercial financing available. No residential loans available. Minimum loan
amount of $200,000. Please call or email with specific scenarios.
Montana – Apartment and
Commercial financing available. No residential loans available. Minimum loan
amount of $200,000.
Nebraska – Apartment and
Commercial financing available. Limited number of
residential transactions.
Minimum loan amount of $200,000. Please call or email with specific scenarios.
Nevada – Commercial loans
available only by exception. No residential loans available.
New Hampshire – Apartment and Commercial financing available. No
residential loans available. Minimum loan amount of $200,000. Please call or email with specific scenarios.
New Jersey – Apartment and Commercial financing available. No
residential loans available. Minimum loan amount of $200,000. Please call or email with specific scenarios.
New Mexico – Commercial
and residential loans available only by exception.
New York – Apartment and Commercial financing available. No residential
loans available. Minimum loan amount of $200,000. Please call or email with specific scenarios.
North Carolina – Apartment and Commercial financing available. No
residential loans available. Minimum loan amount of $200,000. Please call or email with specific scenarios.
North Dakota – No programs of any kind are available.
Ohio – Apartment and Commercial financing available. No residential loans
available. Minimum loan amount of $200,000. Please call or email with specific scenarios.
Oklahoma – Apartment and Commercial financing available. No residential
loans available. Minimum loan amount of $200,000. Please call or email with specific scenarios.
Oregon – Apartment and Commercial financing available. No residential
loans available. Minimum loan amount of $200,000. Please call or email with specific scenarios.
Pennsylvania –
Apartment and Commercial financing available. Limited number of
residential transactions. Minimum loan amount of $200,000. Please call or email with specific scenarios.
Rhode Island – Apartment and Commercial financing available. No
residential loans available. Minimum loan amount of $200,000. Please call or email with specific scenarios.
South Carolina – Apartment and Commercial financing available. No
residential loans available. Minimum loan amount of $200,000. Please call or email with specific scenarios.
South Dakota – No programs of any kind are available.
Tennessee – Apartment and Commercial financing available. No
residential loans available. Minimum loan amount of $200,000. Please call or email with specific scenarios.
Texas – Apartment and Commercial financing available. No residential loans
available. Minimum loan amount of $200,000. Please call or email with specific scenarios.
Utah – Apartment and Commercial financing available.
No residential loans
available. Minimum loan amount of $200,000. Please call or email with specific scenarios.
Vermont – Apartment and Commercial financing available. No residential
loans available. Minimum loan amount of $200,000. Please call or email with specific scenarios.
Virginia – Apartment and Commercial financing available. No residential
loans available. Minimum loan amount of $250,000. Please call or email with specific scenarios.
Washington – Apartment and Commercial financing available. No
residential loans available. Minimum loan amount of $200,000. Please call or email with specific scenarios.
West Virginia – No
Restrictions. All loan types, residential, commercial and construction are
available. Minimum loan amount of $250,000.
Wisconsin – No programs of any kind are available.
Wyoming – No Restrictions.
All loan types, residential, commercial and construction are available. Minimum
loan amount of $250,000.
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