I highly recommend using Magnolia Bank… I highly recommend using Magnolia Bank for your refinance needs. Dan Mason and Greg Encarnacion made the process super easy. Would definitely do business with them again.

Great Experience “Making a move from California to North Carolina creates its own brand of stress, but Dan and his team made this transition experience very pleasant. Dan navigated me through all phases of the process well beyond what I would have expected from my mortgage broker. We would highly recommend Dan if you need mortgage advice as their service is exceptional. We can’t thank you enough for all you’ve done for us. Thank You again!!”

The Worst Bank Lender -Do Not Use them! May clients went to this bank to pull money out of their house to pay off loans. This was THE WORST experience with a team and underwriting process. I know this as I was on all the emails. They do acquisitions of houses , flips and I can tell you the underwriting process was horrible. They would constantly not open all the attachments requesting them again, cause over 14 business days of delays in closing the loan. This is a small loan 230k against value of home of 900+K and fico over 750. Ridiculous, the broker kept making excuses and pointing figures at the time it takes to upload the documents and then have underwriting review them stating "your not the only loan they are working on". The underwriter would come back with nit picky requests like I have NEVER SEEN. HORRIBLE horrible and will never use them again. At the last min they stuck my client with points because the broker screwed up and was not able to keep the loan as a no prepay penalty. So they had to pay for points to pay off this loan which they clearly stated at the beginning of the process was a kill item for them. DO NOT USE this company. And their rates are not competitive. They were so in and up against a lending deadline they had we just could not move the loan so we had to finish with this horrible bank lenders.

Refinancing Dan was very attentive and tried to find the best possible way to make the refinancing make sense. I also like the idea that he will be in contact when rates go down to help us save even more money.

Magnolia Bank gets an A+ I have used Magnolia Bank for multiple purchases. Each time The Magnolia Team has done a fantastic job through the entire process. I would consider them a partner during, what can be, a very stressful time. Buying a house is not an easy process. They were very responsive to my questions and able to help me understand all the paperwork involved in a transaction like this. I would highly recommend using them.