Mortgage and Lending News

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%

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!

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

Veterans - 100% Purchase & 100% Refinance - Versatile Makes it Easy!

        Veterans, you have served your country proud and for that I thank you.  Let Versatile Mortgage proudly serve you  and help you achieve the American Dream - Home Ownership. VA loans are our specialty.  In most cases we Versatile Mortgage can help you purchase your new home for NO MONEY DOWN and NO CASH OUT OF POCKET at close! Present us with your DD214 and let us do the rest. As a Veteran you receive the benefit of:     Advantages of a VA Home Loan   Zero Down VA Loans up to $417,000 No Monthly Mo...

January 14th, 2013 | va mortgage, va 100% michigan mortgage, Veterans - 100% Purchase & 100% Refinance - Versatile Makes it Easy!

Randy Brown (NMLS# 179424)
Nicki Klama (NMLS# 1600896)
Christi Cronk (NMLS# 1403476)
Dave Crater (NMLS#1450363)


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