-
3415 S. Sepulveda Blvd, Suite 330 Los Angeles, CA 90034 Mobile (949) 891-1603 Tel (310) 734-6131 [email protected]
-
- monday: 8:00AM – 5:00PM
- tuesday: 8:00AM – 5:00PM
- wednesday: 8:00AM – 5:00PM
- thursday: 8:00AM – 5:00PM
- friday: 8:00AM – 5:00PM
-
- First-Time Homebuyers
- Home Equity
- Investment Property
- Purchase
- Refinance
Mike Steren
America’s #1 Retail Mortgage Lender
Hi, I’m Michael, based in Los Angeles, CA. I joined the mortgage industry over 15 years ago to help families build wealth with real estate. As your loan officer, I provide highly responsive service to make home financing as easy as possible. I’ll walk you through each step of the process, answer your questions, and keep you updated on your loan’s status. From start to finish, I want to ensure your mortgage moves smoothly to closing.
Finding the right home financing starts with listening. We’ll discuss your goals to find the product that fits your needs, from conventional and jumbo to FHA and VA loans. I care deeply about the families I serve and am dedicated to bringing your homeownership dreams to life. On a personal note, my wife and I enjoy traveling, eating, and spending time with our two Goldendoodles. I’m also a UCLA alumnus and big Bruins sports fan. I look forward to working with you as part of America’s #1 Retail Mortgage Lender.
Mike’s testimonials
Guides and resources
My social posts
How much will my mortgage payment be?
This calculator is being provided for educational purposes only. The results are estimates based on information you provided and may not reflect CrossCountry Mortgage, LLC product terms. The information cannot be used by CrossCountry Mortgage, LLC to determine a customer’s eligibility for a specific product or service.
Inspiration for your home loan journey
Frequently asked questions
-
Refinancing costs typically range from 2% to 6% of the loan amount and include fees such as appraisal, title insurance, and closing costs. Factors like your loan type, location, and credit score can significantly impact these expenses. Our team can help to provide strategies that can help minimize costs.
-
To determine how much home you can afford, you’ll want to assess your financial situation. This includes your income, expenses, and debt-to-income ratio, to ensure your mortgage fits comfortably within your budget. A general guideline is to spend no more than 28% of your gross monthly income on housing costs and 36% on total debt.
-
A good credit score typically starts at 620 for conventional loans, while FHA and VA loans may accept scores as low as 500, though higher scores offer better terms. A strong credit score can help you secure lower interest rates, saving you significant money over the life of a home loan.
-
A Home Equity Line of Credit (HELOC) is a revolving line of credit that allows homeowners to borrow against the equity in their home. HELOCs function like a credit card, giving access to funds up to a set limit, which can be used for expenses like renovations or debt consolidation. You only pay interest on the amount you borrow, and the repayment terms typically include a draw period followed by a repayment period.
-
To calculate your mortgage payments, start with your loan amount, interest rate, and loan term. Your payment will depend on the interest charged over time and the repayment schedule. You can use a monthly mortgage payment calculator or connect with us to learn more.