About Me
Mike began his career in mortgage lending in 1995 as an Account Executive for one of the fastest growing small mortgage bankers in the country. Working in an environment where the energy is high and focus on the customer is even higher is what Mike strives for. Mike has served his clients, realtors, employees, and strategic partners by using integrity, compassion, and responsibility. As a leader, Mike looks for everyone around him to over achieve and do things they never thought possible. Mike is a visionary who doesn’t resign to conventional wisdom and believes in true entrepreneurial spirit and pushing the envelope in an effort to come up with ways to better serve his employees, customers, and business partners.
Mike has a passion for serving the needs of his clients and employees. As a originator he finds that focusing on the overall financial health of his clients versus getting fixated on a transactional mind set is what sets him, and Finance of America apart from other companies. Mike believes in helping his clients achieve financial freedom by coaching them on the importance of saving money, paying down debt, preparing for retirement, and eventually paying off your home.
Calculators
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Mortgage Calculator
Get an idea of what your monthly mortgage payment may be, including costs associated with your mortgage such as property taxes, homeowners insurance, and Private Mortgage Insurance (PMI), if applicable.
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Refinance Calculator
Recalculate your new house payment based on loan amounts, interest rates, and other factors, to see if refinancing your mortgage is a smart financial move.
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Affordability Calculator
Calculate how much house you can afford. Get an estimate for a mortgage amount that may fit comfortably within your budget.
Get Started with Mike Farr – Branch Manager
Why Finance of America Mortgage?
We’re not about pushing loan papers. We’re about moving your dream forward. And we do that through knowledgeable local advisors, a personal approach, and a variety of smart loan options.
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Frequently Asked Questions
The total number of properties you may look at will depend on several factors, such as your budget and the housing availability in your area. In general, real estate agents recommend that homebuyers look at several properties before making a decision, but there is not an exact number. Most people look at 10 homes, at a minimum, so they can compare them. However, you may find the dream house with more or fewer searches.
When it comes to the best home buying tips, there are different ways to search for properties. Statistics from the National Association of REALTORS® reveal that 51 percent of buyers searched and found their homes on the internet, while 30 percent used real estate agents. Other ways to search for homes include asking friends, relatives, neighbors and homebuilders for help. A small percentage of homebuyers used newspaper advertisements and yard or open house signs to search for homes.
Although a pre-approval is not one of the required steps to buying a house, it can certainly help you stand out in a competitive market with many buyers. A pre-approval can show sellers that you’re serious and capable of getting a mortgage, so they may be more likely to accept your offer.
