Location Efficient Mortgage (LEM)

Location Efficient Mortgages are available to individuals purchasing more expensive homes in areas with efficient public transportation systems. These loans take into account monies saved on the expenses related to owning or leasing automobiles.
While LEM loans will allow a purchaser to buy a house that is more expensive than they would qualify for using a traditional mortgage, it does not lower the monthly payment.

LEM loans are only available in certain markets:
Chicago, IL
Los Angeles, CA
San Francisco, CA
Seattle, WA

Debi Campbell

17:05 13 Feb 22

John McCoy and his staff are just outstanding! Their efficiency and ability to respond quickly to any of my questions and needs is what made the... difference in me getting my house so quickly. It only took 3 weeks because of their ability to expedite m paper work quickly to those that needed it, along with my clean credit! Thank you so much for all your hard work! Each one of you!read more

Bobbie-Jo Torres

19:49 07 Feb 22

Very quick and helpful. They made everything smooth and easy and in terms that I could understand! Highly recommend!!

daniel villarreal

04:19 03 Oct 21

John The Mortgage Man went that extra mile to make sure I received the best mortgage on our new home. Very satisfied. Thank You John.

Danny Ochoa

17:39 16 Jan 21

John was the one who took a chance on me and my wife . Thank you so much for changing our lives and putting us in our new home . If anyone out there... needs someone to help them make there dreams come true reach out to John and the professionals mbn financial.trust me they won’t let you downread more

Herb Farley

23:05 06 Jan 21

What an amazing experience! John and his team were extremely responsive and easy to work with! They made the loan process easy and never hesitated... to answer our questions. I would recommend John the Mortgage Man to anyone looking for a loan!read more

Mason Shirley

18:19 04 Jan 21

Working with John McCoy was very easy and convenient. He walked us through the entire loan process with excellent communication and knowledge. We... were in a time crunch to purchase a home before the end of the year, and John worked fast to make it happen. Would highly recommend!read more

Debbie Powell

05:38 21 Dec 20

John has helped me purchase 2 houses! John is easy to talk to and makes you feel like family. He is the best person you could have to help you in... this process! John will make it happen! Thank goodness he came highly recommended to me. John is truly a hero!read more

Vivian Sims

19:38 20 Dec 20

John McCoy has been our "mortgage man" on two purchases. Both went smoothly without a complication. The money and timeline were exactly what he... represented. I have recommended him to many looking for a mortgage. If you are looking for An honest, smooth mortgage progress, call "Jo John, the Mortgage Man". Way to go "Mortgage Man"!read more

Amando Canales

20:21 18 Dec 20

John The Mortgage was a most professional experience my wife and I had a pleasant experience and were most satisfied with his service his can do... attitude was greatly appreciated.read more

Mark Foster

11:17 30 May 19

John and his team worked diligently to make the process as easy as possible. They kept me informed and sent me step by step what they were doing so I... always knew where we were in the process. I had a very low credit score and they still made it happen! Thanks John, Troy, Allan and the whole team.read more

Rich and Bekah Roberts

17:43 24 May 19

John and his team are excellent at what they do. Very friendly and helpful, yet also down to earth and realistic about your ability to attain such... and such mortgage. John will let you know if your "dreams" are a match with the reality of your financial situation. John wants you in a mortgage, but he wants you in one you can afford comfortably. I had numerous questions throughout process, and John gladly answered each and every one. I am very grateful my wife and I chose John, and would do so again if/when we have other mortgage needs. If you're ready to buy a home, you wont be disappointed with John McCoy!read more

Jeremy Dean

06:16 07 Mar 19

John the Mortgage Man worked to get me and my wife into our first home this year! We had some issues with low funds, high debt and bad credit, but... John helped us to determine how much we needed to save up to get in the home we wanted. Once we got there John was able to hook us up with a lender and get us a good deal on a loan. We closed in just over two weeks from the time we found a house that we wanted! John always made us feel at ease and answered any questions we had. Very knowledgeable, very responsive and very kind! Thank you John for everything! Highly recommend!!!read more

John McCoy

15:12 19 Feb 19

John made getting our loan processed very efficient and worry free. He will do the same for you!

19:47 20 Oct 18

12 days from application to closing, now that's fast! Great overall service, everything John said he would do, he did it. My clients were thrilled.

Frank J Rosati

19:15 20 Oct 18

John made everything easy for the purchase. He had everything covered (all the associated costs, paperwork) that I needed to close. It was a pleasure... to work with him again (this is my second time working with John) and I would highly recommend him to anyone looking to finance a home.read more

debbie powell

19:05 19 Aug 18

John goes out of the way for you to make sure you are informed, kept up to date, and always professional. Definitely goes the extra mile to help!... Everything is done in a timely manner. Thanks so much John! This is my second mortgage through John McCoy and team.read more

Shawn Lockett

21:22 23 Mar 18

This guy is a wiz!!! He knows a ton about this business and how to get things done!!! Be up front, honest, and ask him your concerns and he will be... straight with you in return and get you in the house of your dreams... He was able to take us start to finish in three weeks time!!! Awesome awesome experience!!! P.S. He will only call you with news—it’s how you interpret it is up to you... Give John a call, you won’t regret it!read more

Laura Patrick

16:29 30 Apr 16

My husband and I recently bought a house in the area. It was my first time buying a house, so I don't have a lot to compare to, but my husband kept... saying how much nicer it was working with John than his last experience. My husband did most of the loan-stuff, but I got to experience John's wonderful presence at our closing. I was expecting the closing to be stressful, but it ended up being a pleasant experience partly because of John's presence. He explained things in easy-to-understand terms and brought a very positive energy to the room. He was great to work with and we've already been recommending him to our friends who are looking to buy houses.read more

Location Efficient Mortgage (LEM)

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