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About Equity Funding Group

Equity Funding Group is a Southern California brokerage firm committed to the constant improvement of the mortgage lending process through the use of Internet and other technologies.

The two principal advantages of Internet mortgage originations are Lower Costs and Greater Convenience.

The role of the commissioned loan officer is eliminated and technology is utilized to perform many back office functions.

Much of the process is conducted using the Internet, fax machines and overnight mail. Loan documents are signed at escrow or by a signing service at the borrower's home or place of business.

5 KEY OPERATING PRINCIPLES

All business decisions made at EFG must be consistent with our 5 Key Operating Principles:

  • EFG will provide the best pricing available in the mortgage industry.
  • EFG will maintain the highest customer service standards in the industry.
  • EFG will hire the most qualified employees in the industry.
  • EFG will maintain state of the art technology.
  • EFG will support the communities in which it does business.

ABOUT THE PRESIDENT

Michael D. Young is the founder and president of Equity Funding Group. Prior to founding EFG, Mr. Young spent 13 years in the banking industry, including seven as the president and CEO of a Inland Empire based real estate brokerage firm specializing in mortgage brokerage. Prior to mortgage brokering, Mr. Young was employed by USAF. Mr. Young holds a Associates Degree in Specialized Business Administration from a prominent business technical college. He is actively involved in industry and community activities and currently serves as a director of the Real Estate Brokerage Division of MDIS.

Mr. Young reviews his e-mail daily and welcomes your comments and suggestions: mdisois@gte.net

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Loan Process

Buying As An Investment

The Process Detailed

Why Refinance

Prequalifications

Refinance Builds Equity

Pre-Approval

Cash Out Refinance

Purchase Best Rates

No Cash Out Refinance

What Affect Rates?

Accelerated Payments

Rate Locking

Joint Tenancy

Credit

Living Trust

FICO Score

 

Buying a House

 
 
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