The mortgage process has never been so complex. More than ever, it’s important to work with a seasoned loan officer; one who will take time to assure that you have a comfortable grasp of your mortgage product and will gently guide you through the entire loan process. Our wide variety of competitive mortgage options makes MPH/MarketPlace Home Mortgage a smart choice. Whether you are a first-time home buyer or are trading up, you owe it to yourself to work with a mortgage professional whose expertise you can rely upon.
Having originated thousands of mortgage loans during my 30+ year mortgage career, I maintain the highest level of customer satisfaction. Please contact me if I may be of service to you. It would be a great privilege to help arrange your mortgage financing.
From start to finish, Mary answered all of my questions about the loan itself promptly. Her assistant, Colleen, was an top of all the details of my loan and everything needed to process it. Even when there were last-minute delays at closing outside of their control, they were still able to get the loan closed within just a couple of days. I’d recomment MPH Mortgage highly. -John Testa
“Thanks Mary! You guys are the unsung heroes! Please tell Colleen and all the rest we appreciate them and all the help you gave us. Especially, thanks to you for helping me figure this all out. If you ever have a client with questions I’d be glad to tell them how much you helped us. Have a great day!” – John
“I thoroughly enjoy working with Mary Adams and her team. They always take good care of my clients!” -Kendra Kerr, Keller Williams Agent
“Mary has so much knowledge about the mortgage industry. If you have a question or a problem, she has the answer. Thank you for making it such an easy process! ” -Travis Otto, Integrity Group Keller Williams
“Mary has so much experience and is a wealth of knowledge. She is warm and friendly and helps keep her clients at ease through some of the most stressful times. I would recommend her to anybody.” -James Giacolone, Keller Williams Agent
“Mary Adams is an amazing Mortgage Loan Originator. Her personal attention to all details ensures that your loan will be handle with the utmost of care. Whether you are a first time home buyer or a seasoned home owner – there is no better professional to handle one of the most important decisions of your life!” -Linda Kowalkski
“As a first time home buyer, I was apprehensive about choosing a Lender and Home Lending Specialist, because of all of the horror stories I’ve heard. From day one, I felt a sense of honesty with Mary. Not only was she honest, she was professional, knowledgeable, and courteous throughout the entire process. It was truly a pleasure to work with Mary and her staff. I would not hesitate to recommend Mary Adams to others! Simply amazing! ” -Paris McCarthy
“Mary Adams was recommended to us by the Veteran Administration. We had experience much difficulty finding someone that was experienced and knowledgeable about VA loans. Mary got us preapproved for a VA loan, and educated us about all the benefits associated with the VA loan. In addition, we were interested in purchasing a condo verses a house and she was able to tremendously help with this process. Buying a condo with a VA loan is a totally different process than with purchasing a house. Condos have to meet certain requirements to be VA approved, which requires the mortgage lender to be knowledgeable about all aspects of VA funding requirements as they differ from FHA financing. The problem we faced prior to meeting Mary was that the lender would indicate they would help us with VA financing, but in the in they would attempt to shove us into FHA. Fed up with being disregarded, we asked VA for help and that’s how we met Mary. From beginning to end she was a person of integrity and she listened to what our needs were. Even after the deal was done, we can still contact Mary for information and she still responds attentively. It was a pleasure working with her as we are proud owners of a lovely condo! Thank you Mary!”
“Mary guided us through the Mortgage process from beginning to end. She gave us excellent cousel that helped to save us a lot of money. Mary is a true mortgage professional who knows her stuff inside and out and has over 30 years experience in the business! She is a pleasure to work with!!”
“Our experience from start to finish was flawless, Mary and her staff did an excellent job in answering all of our questions in a very timely manner! Great compan to work with and would highly reccomend her and her staff!”
“I purchased an owner-occupied duplex with Mary, I mention this because it required extra paperwork and runaround but her team was very responsive and we got it done! When I say extra paperwork I mean it required additional exchanges via phone and email where we had to send in additional documents and meet additional requirements. They were helpful when I had questions about the additional requirements. Knowledgeable as to the answers to those questions. And finally responsive in that they responded in a very timely matter (minutes, hours) when I sent an email or made a phone call.”
“My Fiance’ and I sat with Mary to go over our finances to see what we needed to do to be ready in about a year to purchase our first home. She pulled our credit and she went over in detail all of our accounts and let us know what changes we needed to make and where we are doing well in. Her honest professionalism was very helpful and when we are ready, she will absolutely be our Loan Officer!” – MaCayla Arnold
“Mary discussed in depth what my fiance’ and I need to do over the next year to get ready for our first home purchase. Our sit down with her was incredibly helpful and made us realize we are closer to purchasing than we thought we were. She made us feel more confident in the situation.” – Jeremy Festa
“Mary and her team were an absolute joy to work with! Each member was attentive and responsive throughout the entire process. I would highly recommend them to friends/family!” -Johnathan Contreras
“Thank you so much. It has been a seamless process and I appreciate all the behind-the-scenes work you did on our behalf. I may have some questions after they reassess our taxes and hopefully see if we could get the payment down and that amount that they have put as a cushion. Preparing for the senior retirement years :-)” -Portia Mann
“Mary was a delight to work with. Very prompt and reasonable throughout the mortgage process”. -Shivam Gupta
“You as well as your team were very friendly and helpful during the whole process of my first home purchase. I’m glad I went through you guys to finance my Morgage, and will likely do business with you in the future. Thanks again to you and your staff for making the whole process smooth and easy for us.” – Artur
“Thanks, Mary for all of your help. You truly made my unique situation easier…I had many lenders just turn me away. It makes me want to do more of my business locally! Until next time!”- Jeff Spencer
“I can’t believe that we were able to fulfill all requirements for purchasing our home so quickly. The company was very professional in helping us. We are very satisfied.” – Floyd Harris
- Cell 231-437-0301
- Office 231-437-0301
- Fax 734-585-3531
- Email email@example.com
- NMLS # 240388
- Office Location 41800 West Eleven Mile Rd Ste 109 | Novi, MI 48375
APPOINTMENTS AT 2144 S STATE ST, ANN ARBOR, MI 48104
Getting Pre-Approved for financing is one of the most important first steps you can take when beginning your house hunt. Get started today by clicking the link above!
Want to make your offer more attractive? Get a complete commitment from underwriting in 5 days with or without a house with our UFirst 5 Day Loan Commitment!
If we are unable to close your purchase on or before your scheduled closing date, we will pay for your first mortgage payment up to $1,500 P & I AND the seller of the property will also be paid $5,000. *See terms and conditions.
MPH MORTGAGE BLOG
The new tax reform bill that was signed into law by Congress will be changing taxes related to home ownership in 2018 and beyond. If you are a homeowner, or are considering becoming one, be sure to meet with your tax professional to discuss how these changes will impact you.
SOME KEY CHANGES TO NOTE:
MORTGAGE INTEREST: Prior to the new tax bill, mortgage interest was deductible up to $1,000,000. With the tax reform bill in effect, it will only be deductible up to $750,000. This applies to all homes purchased after December 15, 2017 as well as second homes.
MOVING EXPENSES: Before this year, qualified homeowners relocating for a job could deduct their moving expenses from their taxable income. Moving forward, this deduction is only available to active duty members of the armed forces.
HOME EQUITY LINES OF CREDIT: Mortgage interest paid on Home Equity Lines of Credit will no longer be tax deductible.
STANDARD DEDUCTIONS: The tax reform bill will also change the standard deductions available to each household. With the new tax reform bill in place, the standard deduction has nearly doubled from $12,700 to $24,000. As a result, many homeowners may choose not to itemize their deductions in 2018.
If you have questions related to home ownership, the benefits of buying vs. renting, or the mortgage process, our experienced Loan Officers are available to help.
Each spring as the temperatures warm up, so does the housing market. Even before the snow has melted, sellers are preparing their homes to be listed, and buyers a readying themselves for a search.
If you are among those who plan to buy a house this spring, here are the key first steps you should be taking to get started.
- Meet with an Experienced Loan Officer
Meeting with a Loan Officer is one of the most important first-steps you can take once you realize you want to become a homeowner. Your Loan Officer will review your overall financial situation, go over mortgage options, and help you determine what homes will be within your price range. For this reason, it is important to get started on the mortgage process before you begin seeing properties with your Realtor. Meeting with your Loan Officer early on also gives you a chance to catch and address credit-related issues you may not be aware of. By meeting with your Loan Officer first, you will be prepared to act fast when you find your dream home. To connect with a Marketplace Home Mortgage Loan Officer or branch near you click here.
- Find a Realtor
Once you have reviewed your financial situation, taken care of any issues, and understand your budget, your next step should be to find a Realtor. Your Loan Officer may have some helpful recommendations based on professionals they have worked with. Friends and family can also be great resources for agent referrals. Once you have met with a Realtor you feel comfortable working with, you can begin to determine your priorities and define the parameters of your search.
- Build Your Wish List
Take some time to think about your priorities. This will be a big help once you begin your home search. Work with your Realtor to outline which neighborhoods, school districts, and amenities you are looking for. Determine which features are a preference and which are must-haves.Going into the spring market with a clear vision of what you are looking for will save valuable time and make it more likely that you will spot the house that is right for you when it hits the market.
In many areas the spring housing market can be hectic, but with a little planning, and the right home buying team, you can be sure you are off to a great start on your path to home ownership.
When you are comparing mortgage options, it is important to understand the difference between APR and interest rates. When you see a loan rate advertised, you’ll also see a corresponding APR (4.5%/4.762% APR). This Annual Percentage Rate is the total cost of your loan (interest and fees) expressed as a single number. The purpose is to give you one number for comparing multiple loans.
But it’s an imperfect science.The problem with using APR as designed is that the calculation applies to the entire length of the loan, and some people use mortgage loans for only a few years due to refinancing or sale. READ MORE