Mortgage and Lending News

Blog image: Northern Michigan Home Values up 9.50% Over Last Year!

Northern Michigan Home Values up 9.50% Over Last Year!

HAPPY NEW YEAR!  - This year has been an explosive year for home sales and new construction - home values up 9.5%!  2014 will no doubt be even better!  Thank you for a wonderful year! Weekly Market Statistics  12/23/2013 thru 12/29/2013 33 New Listings 48 Closed Sales 264 Pending  Sales By Classification 41 Residential $27,200 to $1,195,000 Median $190,000 Mean $283,777  6   Vacant Land $11,500 to $350,000 Median $31,500 Mean $94,250  1   Commercial $34,000 Sales by Location 04 Antrim County 07 Benzie Co...

December 30th, 2013 | 100% mortgage, 100% purchase, 100% rd loan, 100% Refinance, va mortgage, va 100% michigan mortgage, traverse city mortgage, Versatile Mortgage LLC, 100% purchase Michigan, 10, Construction loan, Northern Michigan Home Values up 9.50% Over Last Year!

Blog image: Rates Improve as Market Remains Strong - Values up 8.7%

Rates Improve as Market Remains Strong - Values up 8.7%

 As we edge closer to the end of an amazing year rates have dipped again amidst rumors that the economy has slowed.  The Northern Michigan Housing Market remains strong with 103 closed sales last week.  New construction is at a record high since 2007 - a great sign that economic changes are working and more Americans are back to work.   Weekly Market Statistics   10/28/2013 thru 11/03/2013 142 New Listings 103 Closed Sales 301 Pending    Sales By Classification 67  Residential $20,000  to $1,148,700  Median $163,000 Mean $192,063 34...

November 5th, 2013 | 100% mortgage, 100% purchase, 100% Refinance, traverse city mortgage, va 100% michigan mortgage, va mortgage, Versatile Mortgage LLC, 100% purchase Michigan, 10, 100% rd loan, Rates Improve as Market Remains Strong - Values up 8.7%

Blog image: Rough Rates Ahead - Versatile Has You Covered!!

Rough Rates Ahead - Versatile Has You Covered!!

 Good Day Everyone,   In overnight trading, all overseas markets are down considerably.   Dow is down another 160 following yesterdays drop off 200 points.   What is unusual is the fact that rates /bonds usually improve under these circumstances, yet the pressure on rates/ costs continues.   Total additional costs for a 150k loan since yesterday morning alone is yet another .50 or $750.00 today (for a total of $2250.00 additional cost for the same rate since yesterday a.m.)   Do not take your hands off of the safety bars on this roller coaster. Your sell...

June 20th, 2013 Rough Rates Ahead - Versatile Has You Covered!!

Versatile Mortgage Milestone - 80 Million Dollars In Total Applications!

 Versatile Mortgage LLC is proud to have received over 80 Million in total applications to date since opening.  What is it that each client benefits from?  Why do so many clients refer other potential homebuyers to Versatile?  Why do clients come back to us for each home they buy or refinance? 1. Unbeatable services - before the loan, during the loan and yes-even years after the loan, The Versatile team is here. 2.  "Versatile" program selection - 100% Purchase, 100% Refinance, 100% Construction, FHA, VA, Rural Development, Conforming, J...

June 7th, 2013 Versatile Mortgage Milestone - 80 Million Dollars In Total Applications!

Blog image: VA Streamline Refis - No Appraisal - No Verified Income

VA Streamline Refis - No Appraisal - No Verified Income

Veterans, Thank you for your dedication and service to this country.  In an effort to thank you Versatile Mortgage offers a VA Streamline Refinance wihtout appraisal or income verification to help you take advantage of todays low interest rates. Here are the qualifications: 680 fico score or higher Must be a Primary Residence Must be a W2 Employee (no self employed) Loan amounts >75k and <417k 2 years at current employer Credit: No 60+ day lates on any tradeline prior 12 months Credit: Collections not to exceed $1000 (unpaid) ...

May 8th, 2013 VA Streamline Refis - No Appraisal - No Verified Income

Randy Brown (NMLS# 179424)
Nicki Klama (NMLS# 1600896)
Dave Crater (NMLS#1450363)
Jerry Gaca (NMLS# 268863)


Versatile Mortgage LLC (NMLS# 179163)
Phone: 231-946-2202 | Fax: 231-946-5988
810 S Garfield Ave Ste A
Traverse City, Michigan 49686