Mona Elhalwagy

Role
Loan Officer at Forbix
Location
Los Angeles, CA, US
LinkedIn followers
500 followers
Sales & Business DevelopmentView LinkedIn profile

Experience

  1. Loan Officer

    Forbix

    Jan 2010 — Present

    At Forbix, we pride ourselves on how we structure loans for our clients and find solutions which lead to a positive impact on their financial situation. We offer all types of loans, including residential, private and commercial loan products.\\\\n\\\\nResidential- We offer Fannie Mae, Freddie Mac, FHA, and Non-QM products such as a bank statement product, asset depletion, stated income, interest only, and bridge financing.\\\\n\\\\nPrivate money- We offer private money loans on residential and commercial properties, as well as fix and flip and major rehab loans.\\\\n\\\\nCommercial loans- We offer Fannie Mae, Freddie Mac, life company, CMBS, bridge, and mezzanine loans. We are also a direct lender for the FHA apartment/mixed-use refinance and construction loan. FHA is a non-recourse loan with a 40 yr amortization on construction (221(d)(4))and up to 35 years (223(f)) on refinances. The low rates and longer amortization periods set the stage for higher loan to values than other loans.\\\\n \\\\n\\\\n \\\\n \\\\n\\\\n \\\\n

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Mona Elhalwagy — Loan Officer at Forbix in Los Angeles, CA, US | Unifers