Mortgage and Lending News

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

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!

Blog image: Mortgage Backed Securities MBS Live - WHY DO RATES GO UP AND DOWN?

Mortgage Backed Securities MBS Live - WHY DO RATES GO UP AND DOWN?

 Ever wonder why interest rates on mortgages rise and fall?  They can move multiple times in one day.  WHAT CAUSES THAT? – One of the instruments a great broker uses to anticipate the mortgage shifting is to watch the Mortgage back Securities markets.  Take a look at the MBS chart, its rather interesting that the rates are opposite the MBS tracker.  When the MBS go up rates go down and vice versa. While one doesn’t control the other, skilled brokers use this tool to get borrowers like you the best rates at the perfect time!  Banks have no ...

December 6th, 2012 Mortgage Backed Securities MBS Live - WHY DO RATES GO UP AND DOWN?

Welcome to our New Website

Checkback often for news and information regarding the current mortgage industry.

November 16th, 2012 Welcome to our New Website

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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