East West Mortgage was founded in 1986, by Doug Bui, a native of Viet Nam, and is now the country’s 7th largest mortgage broker. There are 400 employees, relationships with hundreds of banks, and over 10,000 mortgage products offered. These factors enable the company to offer their services to many customers, regardless of credit history, financial status or citizenship. Drawing on his experience as a newcomer to the United States, Bui’s company offers its services in ten languages, with an emphasis on the Hispanic community. They have formed an Hispanic Division, with more than 100 bilingual loan officers. The company’s mission to offer the best mortgage includes offering credit counseling and guidance through the home buying process.
Their mortgage professionals hope to improve the lives and financial situation of their clients, through sound investing in homeownership or refinancing current mortgage loans. The company also has presence in forty-four states, through a network of independent brokers, and twenty-four hour presence on the internet, with both English and Spanish sites, and twenty-four hour telephone access to loan officers through an 800 number.
Loans offered by East West Mortgage :
First mortgages for primary or second home, manufactured homes, condos, one to four unit investment properties
- No money down financing
- 100% and 103% financing
- Reverse mortgages
- Non-conforming loans $417,000 to $650,000
- 15- and 30-year fixed-rates
- Adjustable rate mortgages
- Streamlined Loan; no income verification
- FHA and VA loans
- Construction to permanent loans
- 5/25 and 7/23 balloon mortgages
- Home equity loans and lines of credit
- Refinance loans
- Jumbo loans
- No pre-pay penalties on any loan
- Sub-prime loans available through EW Subprime;
- loans to those with lower credit scores
As part of its commitment to the communities it serves, East West Mortgage sponsors the Neediest Kids program. Through this program, the company delivers assistance and items to at-risk children that encourage their attendance and success at school, without red tape. East West Mortgage has sponsored a race to raise funds for the program.
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