2840 E. Skyline Dr., Suite 180
Tucson, AZ 85718
Michael T Takerian NMLS 227454
A mortgage banker since February of 1986 and I have originated over 6,000 home loans. Titles have included loan officer, branch manager, and multi-state regional manager. Was ranked in the top three originators in the nation for Source One Mortgage now known as CitiMortgage for seven consecutive years. I joined Sunstreet Mortgage, LLC in 2005. We process, close, and fund our loans internally and pride ourselves with our great customer service. I am most proud of our customer retention and feedback. Our past clients have been extremely loyal and return for refinancing and subsequent purchase business. Many have referred their family members and friends. Having worked for four mortgage companies in my career, this one is the most efficient. Our loan products and competitive pricing make us a first choice for any prospective client.
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Sunstreet Mortgage was professional and fast. We closed on our home in less than four weeks. We were very pleased with the service and particularly the thoroughness of the brokers involved in securing our mortgage.
The Mortgage News
Homeowners who refinanced through Freddie Mac in 2013 continued to display fiscal restraint, choosing fixed rate mortgages, keeping essentially the same mortgage balance, and in many cases opting for shorter-term loans to build equity more rapidly. In doing so homebuyers who refinanced during the year will save approximately $21 billion on net over the first 12 months of their new loans.
The Mortgage Bankers Association (MBA) called the fourth quarter of 2013 a particularly strong one for commercial and multifamily mortgage originations, with a total volume of around $280 billion in closed loans, the highest volume since 2007. Preliminary figures indicate that the volume for the entire year was up 15 percent from 2012 and increased 34 percent between the third and final quarter of 2013.
Now that prices have recovered to within striking distance of where many folks purchased their homes, potential sellers have found something new to worry about. Can their potential buyer get a mortgage?