I used to be in love with numbers in my previous career as an Accounting Manager. Somewhere along the way, there was a piece of my work life that was missing. People.
When I started to explore other opportunities, I stumbled into the career of Residential Lending. With 18 years in the business, I am still going strong. With my love of numbers and people, this has turned out to be a pretty good gig. It is no secret that the business of mortgage’s is sometimes not an easy task. However, I really put in the effort to be as knowledgeable as possible, pass that knowledge onto you and help you every step of the way. Especially with first time home buyers. There is a lot to share with you and I think you can see from my reviews that I am not only detailed, but patient and lead you through the process as easily as possible.
As a lender, I have just about every product out there that exists. From regular conventional loans, all the way to the super tough Loans that need an alternative point of view. With this many years in the industry, I have the knowledge to work on them all. I work really hard for my clients and it shows. I am really proud of that.
In my free time, I am totally into living a full life. I spend time with family and friends and make the most out of every day. My motto is to squeeze as much out of life as you can. Because it is totally worth it. I look forward to working with you!
I work really hard for my clients and it shows. I am really proud of that.
We had the best experience with Michelle. Her number one focus is the customer and we felt that every step of the way. In a tough housing market, Michelle was our advisor, advocate, cheerleader and fairy godmother in this whole process. She is super knowledgeable; we felt comfortable knowing we were in the right hands. I would recommend her to anyone!
Michelle worked hard to make sure all my information was organized and presented for underwriting and getting me a loan. She was always available and called with timely updates and provided helpful information along the way.
West Bloomfield, MI
Michelle simply the best. No stress, no sweat. Keep things simple and easy for her clients. Thank you for your help.
Explained the various options and looked into different options to get the best mortgage. Also the process was very quick and closing completed with no issues.
Rochester Hills, MI
Michelle is both personable and professional. She is awesome when it comes to communicating, and reached out often with status updates and to explain our next steps. She walked us through the process in a quick and efficient manner, and we were able to close in a short amount of time. We have worked with Michelle a few times now, and wouldn’t hesitate to do so again. Thanks Michelle!
Rochester Hills, MI
I’m a first time home buyer so I had no idea what I was doing. My realtor worked with Michelle before and recommended her to me. Michelle was awesome and extremely helpful. Walked me through the entire process and answered all my questions. Super helpful and I highly recommend her!
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
MiMutual Mortgage President's Club
Honored to be listed as a President’s Club member in 2020. Thank you to my loyal customers and referral partners.
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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