Got questions about working with Mike Koran, “The Mortgage Man”? You’re in the right place.
With over 20 years of experience helping thousands of clients secure financing across California, Texas, and beyond, Mike has heard just about every mortgage question there is.
Whether you’re a first-time homebuyer feeling overwhelmed by the process, a self-employed borrower who’s been turned down elsewhere, or an experienced investor looking for competitive rates, Mike’s got answers.
Below you’ll find the most frequently asked questions about Mike’s services, loan programs, and what makes working with him different from other lenders.
Can’t find what you’re looking for? Don’t hesitate to reach out directly — Mike’s known for his responsiveness and willingness to help, even before you officially become a client.
Ready to get started? Browse the questions below or contact Mike today for a free consultation.
Mike Koran, known as “The Mortgage Man,” is a trusted, top-rated mortgage lender with more than 20 years of experience helping people finance homes across California, Texas, and beyond. Based in the San Francisco Bay Area, Mike has closed thousands of loans and is known for his responsiveness, competitive rates, and ability to simplify even the most complex financing scenarios.
Clients choose Mike for his deep knowledge, personal touch, and no-nonsense guidance. He’s built a reputation for:
- Closing on time (or early!)
- Clear communication throughout the entire process
- Creative problem-solving for self-employed and non-traditional borrowers
- Hundreds of 5-star reviews on Google, Yelp, and Zillow
Whether you’re a first-time buyer or seasoned homeowner, Mike treats every client like a priority.
Absolutely. Mike specializes in working with first-time homebuyers who want a hands-on, supportive experience. He walks clients through:
- Pre-approval and budgeting
- Choosing the right loan program
- Understanding closing costs and down payment options
- Navigating current market conditions
He’s known for making the process less stressful and more empowering for new buyers.
Yes — this is one of Mike’s areas of expertise. He regularly helps:
- Self-employed individuals who use bank statements or 1099s
- Non-permanent residents and international buyers
- Borrowers with complex income or documentation situations
If you’ve been turned down or overwhelmed elsewhere, Mike can often find a solution.
Mike has access to a wide range of mortgage products, including:
- Conventional loans (fixed and adjustable rates)
- Jumbo loans for high-value properties
- FHA and VA loans
- Bank statement and asset-based loans
- Non-QM and alternative-documentation options
- Refinance and cash-out loans
He’ll match your specific needs to the loan that offers the best terms and long-term strategy.
Mike works with borrowers across a wide range of credit scores. While conventional loans typically require 620+, Mike has access to:
- FHA loans (as low as 580 credit score)
- VA loans (flexible credit requirements)
- Alternative programs for lower credit scores
During your consultation, Mike will review your specific situation and recommend the best loan options available to you.
Mike is known for closing loans on time or early. Typical timelines are:
- Purchase loans: 21-30 days
- Refinances: 15-21 days
Timeline can vary based on loan type and documentation complexity. Mike provides regular updates throughout the process and works proactively to prevent delays.
Mike is licensed in multiple states, including:
- California
- Texas
- Plus others as needed for client relocations or investment properties
He partners with realtors, financial planners, and legal professionals to provide a smooth lending experience across state lines.
It’s easy to get started. You can:
- Apply Online
- Call/text Mike directly at (510) 812-2815
- Email [email protected]
Whether you’re ready to buy now or just exploring your options, Mike is happy to help with a free consultation.
