Fixed-Rate Mortgages
A rate and principal-and-interest payment that never change for the life of the loan.
- 15, 20 and 30-year terms
- Predictable monthly budget
- Purchase or refinance
10+ Years of Mortgage Experience · Birmingham, MI
Refinancing, Home Equity & Home Loans in Birmingham, Michigan
Want to lower your payment or put your home equity to work? Buying in Birmingham, Bloomfield Hills, Troy or Royal Oak? Work one-on-one with Tania Yatooma, a local Swift Home Loans mortgage specialist with more than 10 years in the mortgage industry, who will compare your options and walk you through every step, from pre-approval to closing.
- 10+ years in the industry
- Free, no-obligation quote
- Local Birmingham office
- Free refinance & equity review
Get Your Free Quote
Tell Tania a little about your plans. She'll reply personally, usually the same business day.
- Mortgage Specialist
- Tania Yatooma
- Experience
- 10+ years in mortgage lending
- Call / Text
- 248-301-6652
- Serving
- Birmingham & Oakland County, MI
Already own your home? See if you can lower your payment, or tap your equity for renovations or paying off high-interest debt.
Free review →
New: Minimum FICO scores removed on an eligible refinance program, cash-out and rate/term. Previously turned down? Let's take another look.
Learn more →
Mortgage Programs
Home Loan Options for Every Buyer in Southeast Michigan
First home, move-up home, luxury home, or tapping the equity in the home you have. Tania matches you with the program that fits your budget, timeline and goals.
FHA Loans
Government-insured loans popular with first-time buyers in Michigan.
- Down payments from 3.5%
- Flexible credit guidelines
- Gift funds allowed for down payment
VA Loans
A benefit earned by eligible veterans, active-duty service members and surviving spouses.
- Often $0 down payment
- No monthly mortgage insurance
- VA streamline refinance (IRRRL)
USDA Loans
Zero-down financing for homes in eligible rural and small-town areas of Michigan.
- No down payment required
- Below-market mortgage insurance
- Income and location limits apply
Jumbo Loans
Financing for higher-priced homes in Birmingham, Bloomfield Hills, Franklin and beyond.
- Loan amounts above conforming limits
- Fixed and adjustable options
- Primary, second and investment homes
Renovation (Rehab) Loans
Buy or refinance a home and roll the cost of repairs and upgrades into one loan.
- FHA 203(k) and conventional renovation
- Kitchens, baths, roofs, additions
- Based on after-improvement value
Low Down Payment
You may need far less than 20% down. Programs start at 0–3% for qualified buyers.
- Conventional 3% down options
- FHA, VA and USDA programs
- Down payment assistance guidance
Home Equity Loans
Put the equity you've built to work while keeping your current first mortgage and its rate.
- Renovations and home improvements
- Consolidate higher-interest debt
- Tuition and other large expenses
Homeowners
Refinance or Tap Your Home Equity: Three Ways to Do It
Many Oakland County homeowners have built substantial equity in recent years. Here's how you can use it, and when each option fits best.
Rate-and-Term Refinance
Replace your current mortgage with a new one at a different rate or term.
- Lower your rate or monthly payment
- Shorten your term to pay off sooner
- Switch from an ARM to a fixed rate
- Remove mortgage insurance
Best if: today's rates beat yours, or your goals have changed.
Cash-Out Refinance
Refinance into a larger loan and take the difference in cash, with one loan and one payment.
- Renovations and additions
- Pay off credit cards and other debt
- Tuition or major expenses
- Combine with a new rate or term
Best if: you want one payment and your current rate isn't much lower than today's.
Home Equity Loan
Borrow against your equity with a separate loan, and leave your current first mortgage untouched.
- Your existing mortgage rate stays the same
- Lump sum for projects or debt payoff
- Predictable payments
- Often a fit when your first-mortgage rate is low
Best if: your current rate is lower than today's rates.
Refinance & Home Equity
Put Your Birmingham-Area Home to Work
Whether you want a lower payment, cash for a project, or to pay off high-interest debt, Tania will review your current mortgage and show you plainly which option makes sense, at no cost to you.
- Lower your rate or monthly payment
- Home equity loan to borrow against your equity and keep your current mortgage rate
- Cash-out refinance for renovations, tuition or paying off higher-interest debt
- Shorten your term and pay your home off sooner
- Remove mortgage insurance once you've built equity
- Switch from an adjustable to a fixed rate
- FHA and VA streamline refinances with less paperwork
- No minimum FICO score on an eligible cash-out or rate/term refinance program
How it works
- Quick call or emailShare your goals and what you're working with. It takes about 10 minutes.
- Side-by-side optionsTania compares programs, rates and costs so you can decide with confidence.
- Pre-approval or applicationUpload documents securely and get a pre-approval letter or start your refinance.
- Close with confidenceClear updates from contract to closing, with a local mortgage specialist you can call directly.
10+Years of
Experience
Experience
Your Local Mortgage Specialist
Meet Tania Yatooma
With more than 10 years of experience in the mortgage industry, Tania Yatooma knows how to guide a loan from first conversation to closing, through changing rates, markets and guidelines. As a mortgage specialist (licensed mortgage loan originator, NMLS #2278398) with Swift Home Loans, Inc., headquartered right here in Birmingham, Michigan, she helps first-time buyers, growing families, veterans, move-up buyers and homeowners across Oakland County find the right loan, and she explains each option in plain language so there are no surprises at the closing table.
- 10+Years in the mortgage industry
- 8Loan programs, purchase & refinance
- LocalBirmingham office, Oakland County focus
Working with a local lender means you get someone who knows the Birmingham and Bloomfield market, works with area real estate agents and title companies, and answers the phone when you call.
Phone: 248-301-6652
Email: tania.y@swifthomeloans.com
Office: Swift Home Loans, 805 E Maple Rd, Birmingham, MI 48009
NMLS: Individual NMLS #2278398 · Company NMLS #2075228
Service Area
Mortgage Loans in Birmingham & Surrounding Communities
Tania helps buyers and homeowners throughout Oakland County and Southeast Michigan, including:
- Birmingham
- Bloomfield Hills
- Bloomfield Township
- Beverly Hills
- Franklin
- Troy
- Royal Oak
- Berkley
- Clawson
- Huntington Woods
- Ferndale
- Southfield
- West Bloomfield
- Farmington Hills
- Rochester Hills
- Novi
- Oakland County
FAQ
Home Loan Questions, Answered
Why work with a local mortgage specialist in Birmingham, Michigan?
A local mortgage specialist knows the Birmingham and Oakland County market, works with area real estate agents and title companies, and is easy to reach when questions come up. Tania Yatooma brings more than 10 years of mortgage industry experience and works one-on-one with buyers and homeowners from pre-approval to closing. Call 248-301-6652 or email tania.y@swifthomeloans.com.
What types of home loans does Tania Yatooma offer?
Fixed-rate mortgages, FHA, VA, USDA, jumbo, renovation (rehab) loans such as FHA 203(k), low down payment programs, home equity loans, and refinancing.
How much do I need for a down payment in Michigan?
It depends on the program. VA and USDA loans can require 0% down for eligible borrowers, FHA starts at 3.5%, and some conventional programs start at 3%. Jumbo loans typically require more. A quick conversation can show which options fit your situation.
Should I refinance my mortgage?
Refinancing can make sense to lower your rate or payment, shorten your term, remove mortgage insurance, switch from an adjustable to a fixed rate, or take cash out for renovations or debt consolidation. Tania can compare your current loan against today's options at no cost.
Can I tap my home equity without refinancing my mortgage?
Yes. A home equity loan lets you borrow against the equity you have built up while keeping your existing first mortgage and its rate. Homeowners often use it for renovations, debt consolidation or tuition.
Should I do a cash-out refinance or a home equity loan?
It depends mostly on your current mortgage rate. If your existing rate is lower than today's rates, a home equity loan lets you borrow against your equity while keeping that low first-mortgage rate. If today's rates are similar to or lower than yours, or you also want to change your loan term, a cash-out refinance can roll everything into one new loan and one payment. Tania can run both side by side at no cost.
How much experience does Tania Yatooma have?
Tania Yatooma has more than 10 years of experience in the mortgage industry, helping first-time buyers, move-up buyers, veterans and homeowners in Birmingham and Oakland County, Michigan.
What areas does Tania Yatooma serve?
Birmingham, Bloomfield Hills, Bloomfield Township, Beverly Hills, Franklin, Troy, Royal Oak, Berkley, Clawson, Huntington Woods, Ferndale, Southfield, West Bloomfield, Farmington Hills, Rochester Hills, Novi and the rest of Oakland County and Southeast Michigan.
How do I get pre-approved for a mortgage?
Call Tania at 248-301-6652 or email tania.y@swifthomeloans.com. She will review your income, assets and credit, recommend a loan program, and issue a pre-approval letter you can use when making offers.
Ready to Refinance, Tap Your Equity or Buy in Birmingham?
Get clear answers and a personalized quote from a local mortgage specialist with 10+ years of experience. No cost, no obligation.