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user_7787
NMLS: 133899
Contact Info

Jamie Nummer

Somerset Lending Corp

T: (248) 499-9640
M: (248) 895-4541
F: (248) 499-9641
414 East Street
3rd floor
Rochester, MI 48307

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#33

in Michigan


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Michigan Based Lender in Rochester, MI.

Over 10 years in the mortgage industry. Specializing in Conventional loans, DU refi plus and HARP program(s), FHA, VA purchase and refinance mortgages for residential properties, USDA (rural development-100% LTV available) as well as the 203k FHA and Conventionl Rehabilitation Loans. Jumbo programs also avaialable. We are the price-point leader in Michigan. With over 100 products to choose from, you'll be sure to get the best deal possible.


Contributions to Lender411
Blogs
Mortgage Trends: Behind The Housing Starts Headlines, The Story That Matters Jan 20th 2012
Construction Loans: Home Builders See More Sales, Higher Prices Ahead Jan 19th 2012
Mortgage Rates: What's Ahead For Mortgage Rates : Week Of January 17… Jan 17th 2012
Mortgage Trends: Will Home Values Rise This Year? Jan 13th 2012
Mortgage Trends: Home Affordability Set To Worsen On Thursday's Retai… Jan 11th 2012
more...
Answered Questions
Lender411.com: Where do I find commercial real estate refinance loan for… Jan 12th 2012
Lender411.com: I have a middle FICO of 692, can I apply for a new home l… Jan 4th 2012
Lender411.com: Should I lock in my rate for a mortgage before the end of… Dec 19th 2011
Lender411.com: FHA mortgage on rental property Dec 13th 2011
Lender411.com: When can I take advantage of the new government refinance… Nov 17th 2011
more...
Contacted consumers with following loan scenarios
Michigan, Home Refinance, Excellent Credit, Amount: $140,000, LTV 76% 23 days ago
Michigan, Home Refinance, Good Credit, Amount: $215,000, LTV 39% Mar 13th 2012
Michigan, Home Refinance, Good Credit, Amount: $192,501, LTV 84% Oct 25th 2011
Michigan, Home Refinance, Excellent Credit, Amount: $230,000, LTV 70% Oct 25th 2011
Behind The Housing Starts Headlines, The Story That Matters
by Somerset Lending
Jan 20, 2012
When it comes to housing data, sometimes you have to look past the headlines. December's Housing Starts data offers a terrific illustration of why.Each month, the Census Bureau tallies Housing Starts for the month prior....
read more...
Home Builders See More Sales, Higher Prices Ahead
by Somerset Lending
Jan 19, 2012
Homebuilder confidence is soaring.For the fourth straight month, the National Association of Homebuilders reports an increase in its Housing Market Index. The index climbed 4 points to 25 this month - its second four-point...
read more...
What's Ahead For Mortgage Rates : Week Of January 17, 2012
by Somerset Lending
Jan 17, 2012
Mortgage markets gained last week, picking up momentum into the weekend. Global demand for mortgage-backed bonds helped push mortgage rates to new lows, and closing costs eased somewhat, too.According to Freddie Mac's...
read more...
Will Home Values Rise This Year?
by Somerset Lending
Jan 13, 2012
Will your home gain value over the next 12 months? Nobody can know for sure, of course, but should recent housing trends continue, there's concrete cause for optimism.The housing economy has suffered since 2007, knocking...
read more...
Home Affordability Set To Worsen On Thursday's Retail Sales Data
by Somerset Lending
Jan 11, 2012
Consumer spending continues to rise nationwide, fueled by jobs growth and a rosier outlook for the U.S. economy. Unfortunately for mortgage rate shoppers ...
read more...
Lock Your Mortgage Rate : New Loan Fees Expected Within Days
by Somerset Lending
Jan 10, 2012
Starting soon, nearly all home buyers and refinancing households throughout Michigan and nationwide will pay higher mortgage loan fees. Congress has made it law.13 months ago, as part of the Tax Relief, Unemployment Insurance...
read more...
What's Ahead For Mortgage Rates This Week : January 9, 2012
by Somerset Lending
Jan 09, 2012
Mortgage markets improved last week, pushing mortgage rates in Michigan lower for the second straight week. Conforming fixed and adjustable-rate mortgage cut new, all-time lows, and FHA mortgage rates did the same.In a...
read more...
Adjustable-Rate Mortgages Are A Relative Bargain Today
by Somerset Lending
Jan 06, 2012
For buyers and refinancing households throughout Michigan , adjustable-rate mortgages are a relative bargain as compared to fixed-ones.According to Freddie Mac's weekly survey of more than 125 banks nationwide, Rochester...
read more...
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