detail-officer-banner
Profile Photo
marker

424 29th Street NE Suite B
Puyallup, WA 98372

Fax: 253-466-4157
Cell: (206) 890-1200

Branch Manager

Michael Ross

NMLS 42104

mross@mutualmortgage.com (206) 890-1200 Apply Now

Professional:

20+ years experience in the mortgage business both as a mortgage lender and broker. I started my mortgage career on the banking side, however I have worked in all aspects of mortgage lending. I have direct access to banking, brokered and Portfolio lending options, which allows me to pass along the best possible financing solutions while meeting my clients unique needs while offering the most competitive pricing possible.

Purchasing a home is a huge emotional and financial undertaking that deserves thoughtfulness and expertise. I am committed to making your home buying experience as easy and enjoyable as possible, with full transparency, quick turn times and prompt communication. Don’t hesitate to call me including nights and weekends if you have any questions or you are needing to get pre-qualified or pre-approved or just need some answers. I am here to help!!

Personal:

I am happily married for over 29 years and the proud father of three wonderful children. Residing in Rural south King County, I spend my off time volunteering in equine rescue as well as always tinkering with anything technology related. I have worked in network administration and database development with a focus in distributed control systems and data acquisition which I developed
primarily from my tenure with a King county utilities division.

Fun fact:

I started, developed and sold Seattle’s first windows based graphical online service (like a mini AOL), which provided some of Seattle’s first internet access for the average computer user.

marker

424 29th Street NE Suite B
Puyallup, WA 98372

Fax: 253-466-4157
Cell: (206) 890-1200

See What Our Customers Have to Say

Kasey Allen

On August 14, 2021

How easy it was to get my family's home refinanced

Read more reviews

10 Reviews

5
7
4
3
3
0
2
0
1
0

Mortgage Tools at Your Fingertips

Enjoy having all your mortgage tools in one place and move the process forward with a click.

 

Simply tap to apply from anywhere

Click to calculate the estimated cost of your mortgage payments

Scan and send loan documents with ease and security

Check your loan status and take the mystery out of the process

Direct access to your loan officer

 

Mortgage solutions to fit your needs

Conventional Loan

Conventional loans aren’t backed by a federal agency, such as the Federal Housing Administration, which means conventional loans are more flexible in their terms and have fewer restrictions. However, conventional loans often meet the down payment and income requirements set by Fannie Mae and Freddie Mac, and conform to the loan limits set by the Federal Housing Finance Administration. A few benefits of this type of home loans include, competitive interest rates, fewer fees, an option for second home purchases and Flexible requirements for mortgage insurance. At Mutual of Omaha Mortgage, we offer a variety of loan terms with fixed or adjustable rates.

Call to Learn More

Refinance/Cash Out

When you refinance your mortgage, you pay off your existing loan with a new loan that usually offers a better rate or a shorter term. Sometimes, refinancing to a different mortgage product can offer benefits as well. Refinancing provides you savings over the life of the loan and can also provide immediate benefits to your current financial or personal situation.

A cash-out refinance replaces your existing mortgage with a new loan for more than you owe on your home. The difference goes to you in cash, so you’re able to spend it on home renovations, improvements, debt consolidation or other financial needs. You must have equity built up in your house to take advantage of a cash-out refinance. Traditional refinancing, in contrast, replaces your existing mortgage with a new one for the same balance.

ARM Loan

The nature of an adjustable-rate mortgage allows buyers and those looking to refinance to, in a sense, ‘play the odds’ on future interest rates. ARM loans come attached with a fixed-rate during a preliminary duration of time. This can range from 5, 7 or 10 years, depending on your unique mortgage needs. After that, your loan interest rate will be dictated by whatever the going rate is for your loan. For example: You lock an ARM at 5 years at a 3.75% interest rate. After that 5-year period, interest rates on your loan product can rise, fall or stay the same. The latter is rarely the case unless a massive shift in the national economic picture rattles the bond market – of which interest rates are closely tied.

VA Loan

The VA home loan program is a mortgage program backed by the U.S. federal government that helps service members, veterans, active military and eligible surviving spouses become homeowners. The VA home loan allows qualified US service members and veterans to purchase or refinance a home at competitive interest rates and with $0 down payment. In addition, VA home loan benefits include reduced closing costs, no private mortgage insurance (PMI) or penalties for prepayment. While the VA loan is a federal program, the government generally does not make direct loans to applicants. Private lenders, including Mutual of Omaha Mortgage, finance the loan while the Veteran's Administration offers an insurance guarantee. This guarantee provides an incentive for private lenders to offer loans with better terms and protects them in the event of a customer default.

FHA Loan

Sponsored by the U.S. Department of Housing and Urban Development (HUD), FHA loans are government-backed home loans distributed by private lenders like Mutual of Omaha Mortgage. FHA Loans are often used to fund homes for first-time home buyers, who come to Mutual of Omaha with short-lived or troubled credit history and smaller down payment goals. FHA loans are federally insured, meaning the buyer does not face steep down payment or PMI requirements relative to conventional loans. Financing a home loan is more attractive for FHA loan-eligible applicants. Conventional loan products typically require 10%-20% down on a loan, depending on the buyer’s preference toward PMI. FHA Loans allow qualified buyers the opportunity to purchase a home with as little as 3.5% down.

USDA Loan

The USDA loan program’s purpose is to provide affordable homeownership opportunities to low-to-moderate income households to stimulate economic growth in rural and suburban communities throughout the United States. A USDA loan is a mortgage that offers considerable benefits for those wishing to purchase a home in an eligible rural area. USDA home loans are issued through private lenders and are guaranteed by the United States Department of Agriculture (USDA).

Jumbo Loan

Jumbo loans are discussed with the buyer when a buyer’s total down payment does not put the total finance value at less than the county loan maximum depending on a home's location. The loan maximums vary by county. An 1,800-square-foot home in one county could be valued at a higher amount than another due to the surrounding real estate market. Part of the standard application process on any loan is to verify credit history, income and employment information. Jumbo loans have stricter requirements simply due to the high-risk nature of the loan.

Why choose Mutual of Omaha Mortgage for your home loans?

The confidence of a name trusted by millions of customers over 100 years

Personalized service through the loan process forms an experienced mortgage expert

Manage the entire loan process from anywhere with our easy-to-use mobile app

Mortgage Calculators

 

Calculator
Girl In Kitchen On Computer

Loan Payment Calculator

Calculator
Man In Living Room With Phone

Home Affordability Calculator

Calculator
Mother And Son Laughing In Living Room

Refinance Calculator

Contact me

To request more information, please complete and submit this form:















This is a solicitation of mortgage information. A licensed mortgage loan originator may contact you.