For Iowa buyers and homeowners who already got a no
Turned down somewhere else? Better call Mike.
A no from one lender is not the end of the conversation. Mike is a mortgage broker in Cedar Rapids who has shopped multiple lenders for Iowa families since 2005. Tell him what the deal looks like, for a purchase, a refinance, a self-employed situation, or an investment property, and he will look at the whole picture and tell you straight whether it works. He does the shopping around. You just tell him what happened.
Tell Mike what the deal looks like. Two minutes.
This is what "tell Mike what the deal looks like" actually looks like: a real conversation, not a call center script.
You already know how this feels.
A lender said no, and gave you a form letter instead of a reason. Or the deal was moving along fine until it stalled somewhere in underwriting and nobody called you back. Maybe it was the down payment. Maybe it was your credit. Maybe somebody on the other end of the phone made you feel small for even asking the question.
This page is for that exact moment. The one where you're not sure if it's worth trying again, because the last time cost you time, hope, and a little bit of your pride.
Here's the thing nobody told you: one lender saying no is one lender's answer. It is not the only answer in Iowa.
The fear that's stopping you
You already got told no once, maybe more than once. Trying again means another application, another look at your credit, and the risk of hearing no again, from someone who treats you like a problem instead of a person. Here's the real difference: one lender can only say yes or no by their own rule book. Mike is a broker, not one lender. He takes your file to multiple lenders instead of just one, and he tells you what's in your way before you apply, not after.
"What's the catch?"
None. Mike lays out anything that could get in the way before you apply, so nothing shows up as a surprise at the end.
Do I need perfect credit or a lot saved up?
Mike works with people in all kinds of credit situations. If something is going to be an obstacle, he tells you up front, before you go through the process again.
One lender, or a broker who shops around?
| One lender | Mike, your broker | |
|---|---|---|
| Who reviews your file | One lender, one set of rules | Multiple lenders, one advocate |
| If their guidelines say no | The conversation is over | He looks at your other options |
| When you learn about problems | Often deep into underwriting | Up front, before you apply |
| What he can offer | Whatever that one lender has | Purchase, refinance and cash-out, self-employed and investment property options |
| Who you talk to | A different rep, or nobody at all | Mike, one-on-one |
What you get when you tell Mike your situation
- ✓A straight answer on whether your deal works
- ✓A one-on-one look at your situation, obstacles included
- ✓Your file shopped across multiple lenders, not just one
- ✓Options for buying a home
- ✓Options for refinancing, including a cash-out refinance
- ✓Options if you're self-employed
- ✓Options for buying or refinancing an investment property
- ✓A credit decision goal of the same day or within 24 hours of your application
How it works
Tell Mike what the deal looks like
Two minutes, through this form.
A mortgage consultant calls you
Immediately, or the next business day.
One-on-one review
Mike lays out anything that might get in the way.
You apply, when it's right
Credit decision goal: the same day or within 24 hours.
Is this for you?
For Iowa homes only. This is for:
- ✓First-time buyers with steady income and not much saved
- ✓Buyers with fair or rebuilding credit who were told no somewhere else
- ✓Veterans and military families
- ✓Rural and small-town Iowa buyers
- ✓Self-employed borrowers
- ✓Rental property investors
It's not for homes outside Iowa, and not for large commercial or multi-unit investment deals.
What real clients say about Mike
"Fast, professional, and reliable service. They worked hard to get me the best rate possible and kept me updated every step of the way. Highly recommend!"
"Mike Steger is great!! He was very responsive and jumped in head first to help us! Definitely recommend Mike if you are looking to buy a home!"
"Mike Steger was great to work with all three times. This is the third loan my family has went through Iowa Mortgage Solutions... When Mike says let him make it happen he does just that."
"Amazing people to work with. ... Mike, Mike and Marcy were amazing and worked with us and always checked in with us and made sure everything was done. ... 1000% recommend!"
A straight answer, one-on-one, before you apply.
- Leave a message and a mortgage consultant calls you immediately or the next business day.
- Mike tells you up front if credit is going to be an obstacle, before you apply.
- One-on-one work to assess your situation and lay out any obstacles in your way.
- Credit decision goal: the same day or within 24 hours of your application.
This isn't a promise of approval. It's a promise that you get real answers, fast, from someone who tells you the truth.
A few quick questions
Do you work with homes outside Iowa?
No. This is for Iowa properties only.
What kinds of loans does Mike write?
Purchase, refinance and cash-out, self-employed borrower loans, and investment property loans.
Does self-employed income count?
Yes. Tell Mike about your situation and he'll walk you through it.
Do investment properties count?
Yes, both a purchase and a cash-out refinance on an investment property.
What happens after I leave a message?
A mortgage consultant calls you back immediately or the next business day.
Will trying again hurt my credit or end in another denial?
Mike tells you up front if credit is going to be an obstacle, before you apply again.
How is Mike different from the lender who turned me down?
Mike is a broker. He shops your file across multiple lenders instead of working from one set of guidelines.
Turned down somewhere else? Better call Mike.
Tell Mike what the deal looks like, purchase, refinance, self-employed, or an investment property, and he'll tell you straight whether it works. Iowa homes only. No pressure, just a real answer.
Or call (319) 377-1988