Who Is Cheynae’ McDaniel NMLS #1080644
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By Cheynae McDaniel Jan 2, 2025 11:45 PM
The originator. Photo credit: Cheynae
Get to know Loan Mortgage Originator, Cheynae’!
I came to the mortgage industry in 2011 as a temp to hire in Buffalo, NY, where I was born and raised. My sights were set in a totally different direction at this time. As the designated babysitter in my very large family, I thought that opening my own daycare was the best option for me. It wasn’t until I was assigned to work at a local bank, where I developed my love for the homebuying process.
Initially, I worked in Loss Mitigation. In this department, we help mortgagers who are delinquent on their payments develop a workout plan for paying their mortgage back. I absolutely loved the ability to help people stay in their homes. Making relationships with the Modification Loan applicants by assisting them with the process, encouraging them to keep going, and educating them on their options was so rewarding! It wasn’t until I experienced the first applicant not being able to save their home for auction…on Christmas Day.
This experience absolutely shattered my heart. We had done everything on our end to work together to save their home. It completely changed the direction of my life. I began learning more and more about the mortgage process, eventually deciding that I would one day be on the other side, by helping homebuyers acquire their homes and be more knowledgeable about homeownership, their rights, and their options. Today, I have been a licensed real estate agent for over 3 years and I couldn’t be happier with the work that I get to do every day.
By joining Loan Factory, I am able to provide you with the best possible products and services in the industry. Many brokers make the cost of mortgage lending barely tolerable with the fees they put on their customers, let alone their own originators. Loan Factory allows me to give you the best service with great rates that we get from over 250+ lenders bid for your business. And, we don’t let multiple lenders pull your credit while you’re shopping for the best rate.
Lending with Loan Factory
The best rates in the industry! | The little things matter | |
1. WE SHOP RATE: We compare real-time rates from 218 lenders to find you the best deal. 2. WE NEGOTIATE: Our big size allows us to negotiate exceptionally low rates from lenders. 3. WE LOWER OUR PROFIT: We keep per-loan-profit small, focusing on high volume to make it up. | Independent Advice We commit to always give you independent, long-term strategy advice regarding real estate and mortgage options. Customer First We make less per loan than competitors and pass the extra savings on to you. Fast, Convenient, Local Service We are just one call away from meeting your needs. |
“While I encourage people to save 100% down for a home, a mortgage is the one debt that I don't frown upon.”
—Dave Ramsey, Financial Expert and Author
Photo credit: Cheynae McDaniel
Our products
Every application tells a story. From the moment the purchase contract is signed, each step in the process is undertaken with meticulous care. Our team of skilled processors and dedicated assistants work together to create a seamless process, to reflect the beauty of homeownership.
What we offer:
HomeReady First Program
First-time Buyer: One+
2-1 Lender-paid Buydown
HELOC
Corporate Discount Program
Resources
Agent Finder
Want to work with an agent who knows our process and can help make your experience more seamless? Search our database of real estate agents who have closed at least 1 loan with Loan Factory. Or, ask me for a recommendation to a realtor directly.
Coming soon…Introduction to Our Process
DPA Programs
Learn more about DPA Programs that you may be interested in.
First-Time Homebuyer Programs
Get comfortable with the process before starting the house hunt. Take a look at programs and other information to get a better idea of what to expect during the process.
1099 and Business Loan Programs
Improve your portfolio or purchase a home with non-traditional income. Learn about non-traditional options like interest-only payments and DSCR.
We invite you to join our growing community of real estate purchasers, investors and refinancers. Visit our Google Meet during Pre-Qualification Weekend hours, attend a workshop, or explore our application online.
Follow us on social media to stay updated on our latest programs, upcoming events, and special promotions from our lender partners.
Thank you for allowing me to be a part of your story. Let's accomplish some goals together! Click the link to learn more.
Upcoming events
Pre-Qualification Weekend
Saturday, January 4, 2025 · 11:00am – 5:00pm
Time zone: America/Detroit
Google Meet joining info
Video call link: https://meet.google.com/uvw-emod-qsy
Or dial: (US) +1 336-790-8803 PIN: 600 531 986#
More phone numbers: https://tel.meet/uvw-emod-qsy?pin=2505031247184
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For any inquiries, please contact:
cheynae@loanfactory.com or schedule an appointment www.buffmlo.com
youtube.com/buffmlo
