Hello, my name is Randy 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 25 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.
Randy was always a step ahead and made the buying process so easy! We were clear to close in record time – definitely the best in the industry!!!!
Saint Clair, MI
Randy was helpful in explaining the process to us as first time home buyers. He worked great with our realtor and made closing a breeze!
Port Huron, MI
Communication was great and process was easy!
Fort Mc Coy, FL
Randy was awesome through the entire process. As a Realtor I am very critical with the lenders I choose to work with!! I chose Randy as my personal lender because he does an awesome job keeping you updated through the entire process, thinks outside the box when issues pop up, and always has a positive attitude. MiMutual offered the best rates and fees…and believe me I shopped around.
Fort Gratiot, MI
Randy Raymo made it GREAT! If it wasn’t for him then we would not have been able to get our forever home. He bent over backwards for us and did everything and anything that needed to be done. Our loan process was more challenging then others but he never gave up and was always there when we needed him. MI Mutual is very lucky to have such a great guy working for them. Randy, we wish you nothing but the best because you have us the best!
Randy and the entire team are hands down the most professional team we have every worked with. Can’t speak highly enough about them.
From the first phone call to Randy he gave my wife and I more information in 30 minutes than another lender we were trying to work with for 2 months. And we closed approx 28 days later! He knows this business well and it shows…5 stars!!
I am not an easy one to please, but Randy did an excellent job! I had made offers on several homes, with each and every one, Randy helped me find the best loan for the job. When I finally did get my house, I was very pleased with the type of mortgage and rate I obtained.
Marine City, MI
Smooth, seamless, and speedy transaction! Painless when it came to completing all initial documentation and easy closing.
Randy was on top of everything, and gave me clear instructions through every step of the process. This was the best mortgage experience I’ve ever had. Thanks Randy!
Randy was professional, personable and always available to answer questions. His answers were accurate and timely. His requests for additional information were clear and he was always willing to get on the phone and discuss, if i had questions. As someone who is not incredibly familiar with this very important process, it’s reassuring to have someone like Randy to see us through it. GREAT JOB! Thank you.
Super fast service, great rates, and very easy to work with. Everything went smoothly and quickly.
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
2017, 2018, 2019, 2020, and 2021
Honored to be listed as a MiMutual Mortgage President’s Club member for five consecutive years. 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.
Your guided mortgage journey starts here!Start Application