MiMutual Wholesale powered by Supreme
911 Military Street, Port Huron, MI 48060
http://www.mimutual.com/
Internal Reviews
(0 reviews)
Total loans closed with Loan Factory
0
Total loans closed with Loan Factory (past 12 months)
0
Lender overview
Basic information
Title Mortgagee Clause: Everett Financial, Inc., dba Supreme Lending 14801 Quorum Drive, Suite 300, Dallas, TX 75254
Hazard and Flood Mortgagee Clause: Everett Financial, Inc., dba Supreme Lending | ISAOA ATIMA P.O. Box 7057, Troy, MI 48007-7057
Lock policies & Fees
Lock Policies
Lock Cut-off: 5pm EST for jumbo, all other midnight
First Extension Adjustments 2.5 bps a day up to 30 days
Second Extension Adjustments 5.0 bps a day up to 30 days
A maximum of two rate lock extensions or 30 days will be granted per loan.
Additional extensions may be granted on a case-by-case basis depending on market conditions.
Additional rate lock extensions are not available for the Jumbo loan programs. Jumbo loans will be subject to worse case pricing after the 2nd extension plus the cost of the extension.
Rate changes during the lock period are based on pricing from the original lock date.
Relock – Worst Case pricing plus 10 bps
worst case 30 days with a 10 bps relock fee
Lender's niche & Overlays
Renovation; FHA; VA
Our DPA program has a forgivable and repayable option and does not have an income requirement.
Please note we have the Freddie Choice Renovation product as well as FNMA and FHA.
Our Jumbo pricing has been great lately, but you can always price our deals on PriceQuote.
Credit scores only go down to 620 on most products, down to 600 on FHA.
For the most part, we follow AUS.
Lender turn time
1
1
1
Review - MiMutual Wholesale powered by Supreme
0.0
0 Google Reviews
Stars
Sort by
