Michael Tennant

It has always been my goal to build a personal relationship with my clients that makes them feel they are both respected and heard. I want to share with them my knowledge, transparency and that I am here to serve them. My clients are like family to me. I started in this business years ago with the intent to build meaningful and lasting relationships with my clients and that is how it will always be.

I understand that purchasing or refinancing a home is usually one of the largest and most impactful financial decisions people make. I take pride in guiding my clients through this process and making meaningful decisions with you based on your needs and goals.

Countless loan scenarios and situations have allowed me to perfect my craft and have the knowledge to get any type of loan completed efficiently and quickly. As Branch Manager for MortgageRight here in the Northern California area, I look forward to serving my clients and partners for many years to come.

Branch Manager
NMLS # 1404861
(916) 693-4170
michaelt@mortgageright.com

Please note: You will be taken to an application page that will require you to create an account if you have not created one already.

Mortgage Loan Options

CONVENTIONAL MORTGAGE LOANS

Conventional loans are not insured by a government agency
Require a minimum 3% down payment
There are a variety of fixed and adjustable rate conventional loans to choose from
Generally carry strict guidelines on credit scores, loan to value ratios, debt to income and down payments
Interest rate varies based on credit score and loan term
Offers 10, 15, 20, 25, 30 and 40 year repayment terms

FHA MORTGAGE LOANS

Great for first-time buyers and buyers with lower credit scores
FHA loans are not restricted to first-time home buyers or low-income buyers
Easier requirements for income and credit score
Minimum down payment 3.5% and lower closing costs
Mortgage Insurance may be less costly than private mortgage insurance (PMI)
Seller can contribute up to 6% of selling price to cover closing costs

USDA MORTGAGE LOAN

Special financing in USDA defined areas
Flexible credit guidelines and qualifying criteria
Lower than market interest rate
No down payment required
Closing costs can be seller-paid or rolled into the loan
Lower monthly private mortgage insurance (PMI)
Ability to finance upfront PMI

VA MORTGAGE LOAN

Eligible for Veterans who have or are actively serving in the military and surviving spouses of Veterans
Qualify with suitable credit, adequate income and valid Certificate of Eligibility
Borrow up to 100% with no money down and no mortgage insurance requirement
Veterans can refinance through the IRRRL (streamline refinance)
Can include cost of remodeling up to 103.15% appraised value
Offers 10, 15, 20, 25, 30 and 40 year repayment terms

JUMBO MORTGAGE LOAN

Financing for high-priced and luxury homes
Good option for self-employed buyers
Available for primary residences, second homes and investment properties
Flexible down payment minimum of 5% on loans up to $2 million
Mortgage insurance is not required
Jumbo cash out refinances up to 95% loan to value with no mortgage insurance

REVERSE MORTGAGE LOAN

Borrower remains the owner of the home
Can stay in your home without ever making another monthly mortgage payment
With a Reverse Mortgage, the borrower receives funds payable when the last borrower leaves
Borrowers must occupy the property as their principal residence
Protection against a declining housing market

The Benefits Of Refinancing

If you are looking for a lower rate to ease cash flow or a shorter term to get your mortgage paid off sooner, we can help you make the RIGHT decision.

Getting a new mortgage to replace the original is called refinancing. This process allows the borrower an opportunity to obtain a different interest term and/or rate. The first loan is paid off, then the newly refinanced loan goes into effect.

It is common for people to refinance when they have equity in their home, which is the difference between the amount owed on their mortgage and the appraised value of the home. In that situation, the borrower has an option to “cash-out” (hence the term cash-out refinance) the value of their home equity allowing them to remodel their home, consolidate debt, pay for college, or other expenses.

Remodel / Renovation

Lifestyle Upgrades

New Start-Up Business

New Baby on board / Adoption expense

Debt Consolidation

Education expense

significant Home damage

When she says 'yes'

Testimonials

Michael was really helpful in the whole process and help me get a loan. He when above and beyond to help me with the whole process. I do recommend Michael for your loan needs.

I am thankful that I found Michael through a referral. Michael and Jenni are a great team - thorough, detail oriented, and knowledgeable. They addressed all my questions and concerns throughout the process. Very responsive and explained the details to help me better understand everything. The trust established gave me the ease that I was working with a great team. Very trustworthy and I would definitely work with them again for any mortgage related finances. Thanks Michael and Jenni for your help!

I’ve used Michael twice now for refinancing rates and equity withdrawals, both times he has proven that the stigma around finance people being shady and sharks is false!!!! His wife Jenni and himself were never too busy or unreachable throughout all steps of both loans, they had every answer I needed and troubleshot all my issues when I know they didn’t have to. They have helped myself and multiple close family friends and all reviews come as highly recommended. I will use Michael forever as long as he is in the game! Without a doubt reliable and trustworthy which is hard to find these days.