Kevin Handerhan
Branch Manager
NMLS#
49875
Branch Address
428 Dock Street, Schuylkill Haven, PA 17972
Phone
Cell: 908-418-5125
Social
Meet Kevin Handerhan, a seasoned Loan Officer with an impressive career spanning almost two decades. His journey into the mortgage industry began in 2004 when he was looking to leave his position with the state to find a job that would not only be challenging, but also allow him to help people. Inspired by a cousin who was a mortgage broker, Kevin decided to dive into the world of loan origination.
His initiation into the field was nothing short of trial by fire! On his first day, he was handed a phone book and told to do nothing but make cold calls. Remarkably, although he was just hours on the job, he secured a handful of leads, setting the stage for a dynamic career. After nearly 20 years in the business, he still loves this industry and the opportunity to connect with people. He recently returned to the MiMutual Mortgage team, this time expanding as the Handerhan Mortgage Group.
A true advocate for his clients, Kevin and his team stay actively involved throughout the entire mortgage process. He believes in the power of education and taking the time to explain the intricacies of the process to clients, emphasizing the “why” behind document requests and providing detailed insights to minimize any uncertainties. Holding the client’s hands through every step, Kevin ensures a smooth and efficient loan experience.
Kevin is licensed in New Jersey, Pennsylvania, Florida, Delaware, and Maine. The majority of Kevin’s clients are in Northwest New Jersey and the Pennsylvania counties of Schuylkill, Union, Columbia, and Hershey Park area. Many referrals come from the Bucknell University area in Lewisburg, as the Handerhan Mortgage Group has helped several professors who are moving to the area to teach obtain a mortgage.
Kevin has in-depth experience with renovation home loans, USDA RD, and FHA loans. Additionally, he is a certified VA loan specialist. Not sure if you qualify for a low to zero down payment? Or if now is the time to tap into your home’s equity? Or if you should stay put and fall in love with your house all over again with the help of a renovation loan? Or unsure of how to even get started on the path to homeownership? The Handerhan Mortgage Group can help!
When he is not working, Kevin is a dedicated basketball coach for his son’s middle school team. A music enthusiast, he plays the drums and has even been a part of a band. Recently, he renovated his basement, complete with a soundproof room for drumming, ensuring he doesn’t disturb the household!
Besides his family, Kevin is most proud of the strong network of referral partnerships he has cultivated over the years. Every lead he receives is a testament to the trust Realtors and past clients place in his expertise and commitment to excellence. Despite nearly two decades of experience, Kevin maintains an appetite for learning, always seeking new ways to enhance his skills to better serve his clients.
Whether he is coaching basketball or guiding a first-time homebuyer, Kevin understands teamwork.
The Handerhan Mortgage Group can find a loan program that is right for your unique financial situation and local housing market whether you are in Portland, Maine, the Florida Keys or somewhere in-between!
If you would like to start your journey to homeownership, upgrade your current home or to find out how you can take advantage of your home’s equity, give Kevin Handerhan a call today!
I am here to serve you and to tailor a loan that meets your needs.
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
- 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
Start Your Mortgage Journey
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