Michael Baird, Private Mortgage Banker

04/22/2024

Pierre Viard, of Caviard Realty Associates interviews me about our Physcians loan program during an Open House. If you know any Physicians, there are several benefits to the program. Call me to learn more (209) 483-4505 🙂

06/27/2023

I’m excited to announce David Smith. The new branch manager of our branch in Folsom, Ca. David understands the Folsom market very well and I have personally seen the great customer experience that he provides. I look forward to working closely with him in the years to come.

04/21/2023

This rate increase on clients with good credit takes effect on May 1st and is for Fannie Mae or Freddie Mac loans only. This change is yet another reason to use a bank that has a portfolio loan product such as mine in which your loan will not be sold to Fannie or Freddie. My portfolio interest rate will be MUCH lower(in most cases) than direct lenders such as Quicken loans or any other lender that’s not a bank. Please feel free to message me or call me if you have questions (209) 483-4505.

Homebuyers with good credit scores will soon encounter a costly surprise: a new federal rule forcing them to pay higher mortgage rates and fees to subsidize people with riskier credit ratings who are also in the market to buy houses.

04/18/2023

Call or message me to learn more about the many rate discounts I have available! (209) 483-4505

02/21/2023

You can almost feel the weight lift off your shoulders when this happens! if you or someone you know are in need of a home mortgage, give me a call (209) 483-4505.

02/04/2023

After a long regulatory approval process BMO(Bank of Montreal) was given OCC(Office of Comptroller and Currency) approval to acquire Bank of the west for $16.3 billion. I speak for all of my colleagues by saying we are excited to join the BMO family. BMO has many more products and services than Bank of the West. And most important to me, lower mortgage rates!!

The tie-up, expected to close Feb. 1, could be an early test of the central bank's proposal to revamp capital requirements for banks with $250 billion to $700 billion in assets.

01/11/2023

Higher mortgage rates and an overall reduction in business(due to their fake accounts) has lead to this scale back. Wells Fargo has always been my biggest competitor due to their low rates. Not anymore it would seem!

The company will also be reducing its servicing portfolio.

01/10/2023

Your mortgage rate shopping will end with me. My interest rates are simply amazing! Call, email or text me if you are in the market for a home loan, (209) 483-4505

01/09/2023

Whether you are self-employed, employed or retired this should ring true. Especially on a stormy Monday!

01/06/2023

$10,500 lender credit for income or location eligible home buyers? No catches for this free money. Call or message me to learn more!

12/23/2022

As inflation comes down so will mortgage rates.

Heading into the holidays, mortgage rates continued to move down. Rates have declined significantly over the past six weeks, which is helpful for potential homebuyers, but new data indicates homeowners are hesitant to list their homes. Many of those homeowners are carefully weighing their options as...

12/21/2022

Wells Fargo net profit was $20.256 billion in 2021. While this fine does sting them it’s a drop in the bucket as compared to their annual earnings.

Wells Fargo agreed to settle a laundry list of charges that it harmed consumers by charging illegal fees and interest on auto loans and mortgages.