Hello, my name is Carrie Raymo, I am a Mortgage Loan Originator who is ready to help you with all of your mortgage financing needs. I hope to build a legacy that is grounded in a genuine desire to build long lasting relationships based on trust, integrity and family. I have the privilege of helping people with one of the biggest financial decisions they will ever make, and I do not take that lightly. My goal is to provide a level of customer service that is unparalleled and an overall experience that is remembered for years to come.
I am located here in Port Huron Michigan at MiMutual Mortgage, a locally owned and operated direct lender for over 30 years. We offer a great selection of mortgage programs including conventional fixed rate mortgages, adjustable rate loans, and nonconforming jumbo loans, as well as refinancing for existing mortgages. Plus we have low and no money down options such as FHA loans, VA mortgages, and USDA rural housing loans, and recently became an affiliate lender with Homes for Heroes, which allows us to give back to our local heroes when buying or refinancing a home.
No matter what type of home loan you’re searching for we likely have a product to meet your needs. Many Realtors would like to see a Pre-Qualification Letter before they even show you a home and it gives you as a client more purchasing power. If you are ready to start you pre-qualification application, you can start right now by clicking the “apply now” button!
My goal is to provide a level of customer service that is unparalleled and an overall experience that is remembered for years to come.
Always available for questions, always encouraging, made the entire process easier to understand and less intimidating!
East China, MI
Very helpful information. Always trying to help and get the best for the client. Great overall experience!
Grant Twp, MI
Carrie was just very efficient and answered all of my annoying and redundant questions. She was also very sweet and understanding of everything and so willing to work and help me out.
Port Huron, MI
Very helpful! Made the process of buying my home and then refinancing very easy!
The constant communication was refreshing, you just don’t get the service I had that much anymore
Port Huron, MI
Carrie is very involved in every step of the process, from helping to make sure we are writing an offer that can be underwritten to making sure the deal is closing on schedule and keeping myself and my clients informed if things are not on schedule.
Mortgage Programs Explained
There is no one-size-fits-all when it comes to mortgage lending. MiMutual has numerous loan options to fit every budget and situation. At MiMutual Mortgage, you can expect a one-on-one consultation to determine the right loan program for your unique situation.
A Conventional loan is a mortgage not guaranteed by the government. However, most conventional loans will follow the guidelines established by Fannie Mae (FNMA) and Freddie Mac (FHLMC). This type of loan is good for borrowers with a favorable credit score and allows more flexibility in loan terms and higher loan limits.
Unlike FHA, VA or RD loans, conventional loans do not require private mortgage insurance (PMI) unless the borrower has less than 20% down. 20% down however, is not a requirement and some conventional loans allow as little as 3% down! Once the loan reaches 20% equity, PMI can be canceled.
In addition to standard conventional loan programs, MiMutual Mortgage also offers the following niche conventional loan programs:
- Fannie Mae HomeReady
- Freddie Mac Home Possible
- Freddie Mac HomeOne
- Freddie Mac Refi Possible
Government loans are backed by the federal government. The loan is funded or originated by the mortgage company, but has a guarantee from either the Federal Housing Administration (FHA), USDA Rural Development (RD), or US Dept of Veterans Affairs (VA).
Government loans open the door for borrowers that have little to no money saved for a down payment, a challenging credit history or have lower credit scores. Government loans offer easier qualifying requirements and are widely used in the industry.
Government-insured loans can be used for purchase, renovation (through the FHA 203(k) loan), or refinance transactions.
Government loan programs include:
- Federal Housing Administration (FHA)
- USDA Rural Development (RD)
- Veterans Affairs (VA)
The Federal Housing Finance Agency (FHFA) sets a limit on the dollar amount a conventional loan must conform to. Any loans beyond this limit are known as a Jumbo loan. With a Jumbo Loan from MiMutual, you can expand your options and find your dream home that will meet your needs now and in the future.
MiMutual Mortgage offers a number of Jumbo Mortgage Programs to fit a variety of situations. These include Purchase loans, Asset-Qualifier, Rate and Term and Cash-Out Refinance loans.
- As little as 10% down
- Loan amounts up to $4 Million
- Primary residence, second homes, and investment properties are eligible
Don’t have much saved for a down payment?
We can help with that!
Down Payment Assistance (DPA) can:
- Reduce out of packet cash to close
- Put cash savings to work by improving the home and growing equity
- Free up cash to pay down student loan debt or other bills
- Save cash to start investing for the future
MiMutual Mortgage offers a number of down payment assistance programs including:
- Chenoa Fund DPA for FHA financing
- The National DPA for Conventional financing
- State Housing Finance Authority DPA and MCC
MiMutual Mortgage is a Renovation Loan specialist. We were even featured on the Lifetime Network “Designing Spaces” home design television show! With a Renovation loan, you can bundle the cost of purchasing or refinancing with the cost of renovation into one single loan!
MiMutual Mortgage offers the FHA 203k and Conventional HomeStyle renovation loans. These allow for the same qualifying factors as a traditional FHA or Conventional loan with the ability to lend up to the estimated after-improved value of the home!
Eligible renovations include:
- Small repairs with a minimum renovation cost of $5,000
- Kitchen remodels including appliances
- New roof
- New flooring
- Instillation of an in-ground pool
Still not finding what you are looking for?
MiMutual Mortgage has a number of unique loan programs including:
- Qualifying on assets without income
- Real Estate Investor programs including DSCR
- Self-Employed financing options
- Bank statement qualifying
You are about to begin the mortgage loan application
- Applying on the MiMutual Mortgage Online Loan Application is quick, easy, and secure! The loan application will take about 25 minutes to complete.
- Once your application is submitted, you can log back into the MiMutual Mortgage Online Loan Application to securely upload requested documents, view your loan status, and communicate with your mortgage team.
- If you have questions, reach out to your MiMutual Mortgage Loan Officer.
Your guided mortgage journey starts here!Start Application