Birmingham natives Jim King and Travis McGowin together have more than 80 years in the mortgage business here. When they founded McGowin-King Mortgage in 1998, they did so with a simple goal in mind: to build a business on relationships, and to foster those relationships with integrity, trust, and community involvement. Every loan we’ve brokered since that founding has been anchored in these beliefs.
Now, our team has grown. Jim’s son, Jimbo, joined the company in 2006, and Travis’ son, Warner, joined in 2011. With a group of 14 originators, processors, and staff, we pursue a simple philosophy: We believe that when you exceed a customer’s expectations, you build a relationship. That’s much more than just a transaction. It means we’re here before, during, and after your loan or HECM process. It means we’re your advocate during one of the biggest financial decisions of your life. It means we want to do business with you again, and we’re willing to work hard to earn it. Those are simple ideas, but they’re not common practice. At McGowin-King, they are our guiding principles. Everything we do, we do with these goals in mind.
Changes to the Property Value could change the results in a significant way. Lendersa® sliders allow you to make fast changes to explore your financing options.
You can change the property value by moving the Property Value slider up or down or by entering a new Property Value manually in the Property Value box.
When you change the Property Value, only the LTV will change, and the Loan Amount will remain the same Loan Amount.
Other advanced sliders’ options are available with Lendersa® Advanced Calculator
CloseChanges to the loan amount, even so slightly, could change the results in a significant way. Lendersa® sliders allow you to make fast changes to explore your financing options.
The Loan Amount Slider
Change the Loan Amount by moving the Loan Amount slider. (The LTV will change, and the Property Value will remain unchanged).
The LTV Slider
Change the Loan Amount by moving the LTV slider. (The Property Value will remain unchanged).
Other advanced options are available with Lendersa® Advanced Calculator
CloseLTV is the abbreviation of Loan To Value, and it is the ratio between the Loan Amount and the Property Value. The formula to calculate LTV is Loan Amount divided by the property value. 
Example: Loan Amount $300,000, Property value $400,000 
Changes to the LTV, even so slightly, could change the results in a significant way. Lendersa® sliders allow you to make fast changes to explore your financing options.
The Loan Amount Slider
Change the Loan Amount by moving the Loan Amount slider. (The LTV will change, and the Property Value will remain unchanged).
The LTV Slider
Change the Loan Amount by moving the LTV slider. (The Property Value will remain unchanged).
Other advanced options are available with Lendersa® Advanced Calculator
Close
The drum of the realization of the promise is beating, we are sweeping the road to the sky. Your joy is here today, what remains for tomorrow? The armies of the day have chased the army of the night...
NMLS 1795154