“Salute and Thank you to all our Veterans, sincerely appreciate your service to our Country”
In May 1992 I started my Mortgage Banking career in Michigan just one week after graduating from Adrian College with a B.B.A. Business management degree. In 1998 to further advance my mortgage career I decided to make a move across country to my happy place in Arizona to enjoy the 300 plus days of Sunshine each year for that much needed Vitamin D!
My mission and pledge to all my customers remains unchanged after almost 27 years and that is to always act as a “fiduciary” for all your residential mortgage needs. My sole job is to listen to your needs and provide you with the best options to meet your current and long term mortgage goals.
At Southwest Direct Mortgage, our Mortgages Made Simple process provides our customers with both Purchase and Refinance residential mortgage loans that are low cost, low stress and no hassle solutions to their needs. Our company offers, Conventional, Jumbo, VA, FHA and USDA (Rural) mortgage loans to cover all your possible loan options. After your loan closes we want our customers to feel comfortable and confident referring us to their family, friends and co-workers.
My sole job is to listen to your needs and provide you with the best options to meet your current and long term mortgage goals.
Mike is an exceptional loan officer…if you are in the market for a purchase or refinance loan, save yourself a lot of time and potential aggravation and have Mike take care of it for you. Believe me, I know…I was a loan officer for over 10 years!
Always communicated every step of the process. Handled all the VA paperwork dealing with the VA. Will use his services again.
San Tan Valley, AZ
Mike’s commitment to excellence. He was informative, accurate, courteous, and always ensures that not only his work is on time, but also everyone else’s involved on this process.
Fountain Hills, AZ
Michael made the process painless and quick. I feel as if he is family now since he took such great care with the loan.
San Diego, CA
Mike was amazing to work with. He was very responsive every time I emailed him or called him and always so nice. I will highly recommend everyone to him and will use him anytime I do a home purchase or refinance in the future.
El Dorado Hills, CA
Very relatable, knowledgeable, and courteous. He is commonly referred amongst my military coworkers due to his dependability and professionalism, as he was referred to me by a coworker whom, himself, had him referred and as I referred him to another.
Red Rock, AZ
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
- 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
MiMutual Mortgage President's Club
2017, 2018, 2019, 2020, and 2021
Honored to be a MiMutual Mortgage President’s Club honoree.
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.
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