Rick Warner

NMLS# 136217

Loan Officer

Rick Warner
Loan Officer

NMLS# 136217
State Lic: MI # 136217;
1901 S Euclid Ave
Suite 4 & 6
Bay City, MI 48706
Direct: (989) 698-3284
Mobile: (989) 239-3154
rick.warner@academymortgage.com

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Academy's My Mortgage App

We are 100% focused on retail mortgage banking.

We deliver exceptional mortgage service.

We are committed to responsible lending practices.

We provide market-leading mortgage solutions and tools.

Unlike banks and mortgage lenders that consolidate operations and service offsite, Academy has the distinct advantage of being a direct lender, which means all loan processing, underwriting, closings, and funding are handled at our local branch offices. Our branch offices have the tools and resources in-house to expedite these processes, resulting in our proven track record of closing loans as quickly and efficiently as possible.

Our company is recognized nationwide for our unwavering commitment to responsible lending, especially in today’s rapidly changing economy. We are a top-tier lender for purchase, FHA, resale, and builder loans.

Academy soars ahead of the industry by continuously delivering the Gold Standard in customer service. Our Loan Officers are easy to access and provide timely response, clear communication, and absolute follow-through. Our long tradition of customer satisfaction with our Realtor, Builder, and other Partners is affirmed year-after-year in our quarterly Partner Satisfaction Surveys.

Academy is headquartered in Salt Lake City, Utah; has over 260 branch offices across the country; and is licensed to originate loans in 49 states and Washington, D.C.

It is still extremely rewarding after 25 years experience when I see my clients at the closing table. Helping someone to either buy a new home, refinance their existing properties, build something new off of a blue print or remodel their dream home it is truly a job that you enjoy going to every day.

Thank you for your business and of course I appreciate all your referrals!

Family, friends or co-workers they will thank you for your help!

Rick

Mortgage Education

View these helpful tips for becoming a homeowner.
Rick Warner guided us every step and was always there to answer questions or make suggestions. The whole process went smoothly thanks to Rick's expertise and experience. I will recommend Academy Mortgage to my friends and neighbors based on the excellent service provided by Rick and the staff at the Hougton Lake office. Jeffrey Youell

NMLS# 136217

State Lic: MI: 136217;

Corp Lic: MI: FR0018875;

Tips for a Simple Loan Approval

If you encounter a special situation, it is best to mention it to us right away so we can help you determine the best way to achieve your goals.

DO’s

DONT’s

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10 Steps to Homeownership

From pre-approval to closing, Academy will help you along the road to homeownership. You can count on us for responsible, honest, and ethical service in every step of the process.

  1. Loan pre-approval. Pre-approval allows you to search for a home that you can afford based on your credit, income, and assets. An application and supporting financial documents must be submitted to your Loan Officer, including pay stubs, tax returns, and account statements.
  2. Home search Once pre-approved, start shopping with your real estate agent! When you decide on the right home for you, the terms of sale are negotiated and your agent presents your offer to the seller.
  3. Formal loan application and product selection. After the seller accepts your offer, formally apply for home financing and select the ideal loan product to meet your needs.
  4. Appraisal and home inspection. As your application is being processed, an appraisal is ordered to identify any discrepancies between the sale price and appraised value. Properties are also inspected for water and termite damage and other safety hazards.
  5. Processor’s and underwriter’s review. A loan processor reviews the entire loan file and sends all pertinent information to an underwriter who makes the final decision to approve the loan.
  6. Final loan approval. If you have a good credit score and debt-to-income ratio, your loan will likely be approved. Keep in mind that there may be financial conditions or property conditions that need to be met before final loan approval.
  7. Closing. Final loan and escrow documents are prepared and signed by you (the buyer) and the seller.
  8. Funding. A wire or check for the amount of the loan is sent to the title company.
  9. Close of escrow. Documents that transfer titles are recorded with the county.
  10. Confirmation of recording. The title company authorizes the escrow company (or closing agent) to draft a check to the seller.

Ultimately the final step . . . MOVE INTO YOUR NEW HOME!

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BUYING VS. RENTING

For many, the benefits of buying a home outweigh the advantages of renting. With mortgage interest rates at historic lows and rents on the rise, now is an affordable time to finance a mortgage with a fixed monthly payment lower than rent.

If you plan to stay in your home for more than six years, buying a home could save you thousands of dollars over renting. And don’t forget about the noisy neighbors upstairs.

The Benefits of BUYING

TAX SAVINGS
Mortgage loan interest is deducted from your state and federal income taxes and a portion of your property taxes may also be deducted.

STABILITY
Fixed mortgage payments (principal and interest) will not change during the loan term whereas rent payments may increase annually.

BUILD EQUITY
Owning a home long term allows equity to build and thus your home investment to grow.

The Benefits of RENTING

FLEXIBILITY
Renting may be the preferred option for those planning or needing to make a move in less than six years.

LITTLE OR NO MAINTENANCE
Renters are often able to rely on landlords and property managers to pay for and make necessary home repairs.

UTILITIES MAY BE COVERED
Some utility expenses may be included in monthly rent payments.

Contact me today to start realizing the benefits of homeownership.

Please consult a tax professional about your specific situation and the tax savings benefits of homeownership.

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