Christopher Dennison
Loan Officer
NMLS#
850828
Branch Address
4595 Broadmoor Ave SE, Ste 100, Grand Rapids, MI 49512
Phone
Cell: 616-802-8389
Social
Three office locations to better serve my clients!
MiMutual Mortgage – Travelers Rest, SC
109 Mountain Slope Ct. Travelers Rest, SC 29690
MiMutual Mortgage – Port Huron, MI
911 Military Street Port Huron, MI 48060
MiMutual Mortgage – Grand Rapids, MI
4595 Broadmoor Ave SE Grand Rapids, MI 49512
Chris Dennison has been serving the community for over 15 years. He has always had compassion for helping others and he has learned over the years that having patience, listening and caring for the needs of others is the cornerstone for a solid business relationship, which is why so many people enjoy working with him.
He grew up working on a family farm in Middleville, Michigan where he learned the value of hard work. He would spend hours each day on the farm making sure his tasks were completed before the end of the day, even if it meant working through lunch to get the job done. Chris applies these same values and principles in his work life today.
He is very familiar with Conventional, FHA, VA, MSHDA and Rural Development Loans. With so many options he makes sure when his clients are ready to make offers on their potential future home, that he’s ready and available to provide the best loan options. He can issue property specific pre-approval letters to his clients and partners quickly, contacting the Listing Agent to reassure everyone that his clients are fully pre-approved and ready to purchase. He has helped many clients secure homes with this proactive approach.
He has a bachelor’s degree from Cornerstone University in Business, and has his Loan Origination License .He uses his education to coach and educate his clients, so his clients can make the best-informed decision when choosing a loan program.
In his spare time he enjoys spending time playing card games with his family, going for long bike rides, running, loves drinking coffee and reading a good book.
I coach and educate my clients, so they can make the best-informed decision when choosing a loan program.
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.
Highlights include:
- 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
- Additions
- New flooring
- Installation 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
Awards
MiMutual Mortgage President's Club
2022
Start Your Mortgage Journey Today
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!
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