4595 Broadmoor Ave SE Grand Rapids, MI 49512
Cell: (616) 581-2298
Office: (616) 438-9655
Shawn has a vast knowledge of the metropolitan area and of its surrounding communities. Shawn is a 20 year mortgage industry veteran. He received the “Affiliate of the Year” award presented by the Greater Regional Alliance of Realtors (GRAR) as a result of his dedicated service to the organization. He also has received an award from MSHDA in 2016 & 2017 as a Top Ten West Michigan lender.
He is a dedicated, loyal individual who enjoys making his customer’s dream of homeownership a reality. He is a sports enthusiast and an avid fisherman and hunter who found a passion within the mortgage industry who also enjoys spending time with his wife, Tara.
Call Shawn with any questions about home financing.
Shawn was excellent to work with. I know he is busy, but he always made you feel like you were his top priority. Highly recommend him.
Shawn was A great help with all my Questions. He helped me get what I needed, also was very professional and did a great job. He got the closing done as quickly as possible. I would definitely recommend him to others. Thank you very much for everything.
Went above and beyond to help when others said it wasn’t possible
Great lender at a great company! Shawn has assisted clients of mine and myself many time when purchasing or financing. He is always available and has a great working knowledge of his product and the market. Highly recommend!
I simply cannot overstate how appreciative my wife and I are in the professionalism, individualized dedicated service and consistent communication received from Shawn. My wife and I were kept well-informed throughout the entire process and if we had a question, it was immediately answered. When you find an individual that exhibits such high standards for both personal and professional integrity and honesty, it gives you a tremendous sense of calmness and confidence. Thanks Shawn!
Grand Rapids, MI
Shawn is very professional and a very down to earth person , he was always willing to explain anything to me that I had asked him about , and did it in a way that I could understand . Shawn also made it clear that we could reach out to him at any time about anything , he made everything very easy and stress free for us , we always knew where we stood through out the entire process , he always had information for us ahead of time . Super friendly and a great attitude , excellent experience !!
Howard City, MI
The entire experience from beginning to end was smooth and Shawn made it very easy. His communication was excellent, informative, and timely. I especially appreciated him having everything in order and prepared well before our closing date. It was a pleasure working with Shawn and his company – thank you!
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
Honored to be listed as a President’s Club member in 2022. 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