About DeniseA photo collage of pictures of Denise.

Denise is passionate about what she does as a mortgage loan officer and enjoys helping people achieve their dream of homeownership. Whether you are purchasing your first home or a vacation home, building your dream home, or refinancing your current home, Denise is here to make every effort in simplifying the lending process and providing the best service possible.
 

Contact Information

Meet Denise Ryder, Mortgage Loan Originator.

Email: dryder@arborfcu.org
Direct Phone: 269.488.7627
NMLS Number: 
1217210

Connect with Denise on LinkedIn   Apply with Denise

View Mortgage Specials

Mortgage Loan Specials

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Mortgage Specials

Term Rate with 0 pt as low as* APR with 0 pt as low as* Rate with 1 pt as low as* APR with 1 pt as low as*
PURCHASE OR REFINANCE MORTGAGE SPECIALS
7 Year Fixed Special 1.740% 2.025% - -
10 Year Fixed Special 1.990% 2.193% - -
12 Year Fixed Special 2.240% 2.411% - -

Fixed Rate Mortgages

Fixed Rate Mortgages

Term Rate with 0 pt as low as* APR with 0 pt as low as* Rate with 1 pt as low as* APR with 1 pt as low as*
30 Year 2.875% 2.952% 2.625% 2.701%
25 Year 2.750% 2.839% 2.500% 2.588%
20 Year 2.625% 2.733% 2.375% 2.482%
15 Year 2.500% 2.640% 2.250% 2.389%

3% Down Mortgages

3% Down Mortgages

Term Rate with 0 pt as low as* APR with 0 pt as low as* Rate with 1 pt as low as* APR with 1 pt as low as*
30 Year 4.125% 4.207% 3.875% 4.040%
25 Year 4.000% 4.094% 3.750% 3.940%
20 Year 3.875% 3.988% 3.625% 3.853%
15 Year 3.750% 3.895% 3.500% 3.792%
Evaluation required and ordered by a lender to determine value based on physical inspection and comparable sold properties.
Costs associated with purchasing the home and closing the transaction.
Monthly debts (from credit report) plus PITI (principal, interest, taxes, insurance) divided by gross monthly income = DTI.
Required if not putting 20% down. This is an additional monthly fee for the lender to pay property taxes and homeowners insurance (i.e. Principal and interest are $600.00/month. Property taxes are $2,000.00 annual ($166.67/month). Homeowners Insurance is $600.00 annual ($50.00/month). Total monthly payments will be $816.67).
Loan amount divided by purchase price equals LTV.
A closing cost charged by the lender for processing the loan; may also be called Processing Fee or Underwriting Fee.
Principal, interest, taxes, insurance.
The borrower has the option to buy down the interest rate by buying a point. A fee is added to closing costs (i.e. For 1% of the loan amount, the rate will be reduced by .25%).
Items that are required to be pre-paid for closing of the loan. If you escrow for homeowners insurance, one year of prepaid homeowners insurance is required.
Insurance to the lender that the property is free of any liens.
Typically required by the lender if LTV is greater than 80%.
At the time of application, you may choose to lock in your rate for a designated period of time or float and lock in at any time prior to close.

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