Hello,
I'm Chris Merrill
Loan Officer

NMLS#: 1784500
DRE#: 02097799

chris@mylendingconcepts.com
(559) 593-8207
Contact MeApply Online
Chris Merill Headshot
Hello, welcome to my page.

Real Estate and the Mortgage Industry has been ingrained into my life growing up with our family business. My greatest strength is my accessibility to opportunities, my community, and my ability to align them. As a Mortgage Loan Originator, I am brokering the best loan for my borrower and a lender. This is one of the many reasons why I am passionate about being a Mortgage Loan Originator.

Providing education and consulting throughout the entire home buying process or refinancing process, has enabled me to establish strong relationships that are built on a foundation of trust and service. My team and I are committed to providing you with a great experience for your next home financing needs.

All-in-One Solution

Our Loan Process...

PRE-APPROVAL

A loan pre-approval sets you up for a smooth home buying experience.

SHOP

Start working with a real estate agent and viewing homes.

LOAN APPLICATION

A few documents are needed to get a loan file through underwriting.

LOAN PROCESSING

Assemble all the necessary paperwork and details for the underwriter.

UNDERWRITING

They closely evaluate all the documentation in the loan package.

CLOSING

Documents are drawn and sent to the title company for closing.

Calculator

Purchase Calculator

What is most important to you?

Current Loan

information
Mortgage Amount

Enter the amount of the actual mortgage after down payment.

information
Interest Rate

Enter the interest rate of the original Mortgage.

information
Loan Term

Enter the number of years of your original Mortgage.

information
Mortgage Start Date

Choose the month and year your original mortgage started.

New Loan

information
Mortgage Amount

Enter your current mortgage balance.

information
Cash Out Amount

Enter the amount of Cash Out you are taking on your new mortgage.

information
Refinancce Costs

Enter the amount of fixed refinance costs (Points/Fees).

information
New Loan Amount

The new loan amount after cash out and refinance costs.

information
Interest Rate

Enter the current Market Rate.

information
Loan Term

Enter the number of years of the Mortgage.

information
Mortgage Start Date

Choose the month and year the new mortgage will start.

information
Include Refinance Costs

Will Refinance costs be included in the new loan?

informationMortgage Information

information
Home Price

Enter the amount of the home's value.

information
Down Payment

Enter the amount or percentage of the down payment.

information
Mortgage Amount

Enter the amount of the actual mortgage after down payment.

information
Interest Rate

Enter the current Market Rate.

information
Loan Term

Choose the number of years of the Mortgage.

information
Mortgage Start Date

Choose the month and year the mortgage will start.

information
PMI Rate

Private Mortgage Insurance (PMI) protects the lender from losing money if you default on the loan. Most mortgages with a down payment of less than 20% require PMI. his is an estimate based on the details above. PMI can vary significantly based on several factors.

Optional Information

information
Home Insurance

Enter the annual amount of insurance.

information
Annual Tax Amount

Enter the annual tax amount.

information
HOA Dues

Enter the annual HOA dues.

informationBuying Assumptions

informationRenting Assumptions

What is most important to you?

Current Loan

information
Mortgage Amount

Enter the amount of the actual mortgage after down payment.

information
Interest Rate

Enter the interest rate of the original Mortgage.

information
Loan Term

Enter the number of years of your original Mortgage.

information
Mortgage Start Date

Choose the month and year your original mortgage started.

New Loan

information
Mortgage Amount

Enter your current mortgage balance.

information
Cash Out Amount

Enter the amount of Cash Out you are taking on your new mortgage.

information
Refinancce Costs

Enter the amount of fixed refinance costs (Points/Fees).

information
New Loan Amount

The new loan amount after cash out and refinance costs.

information
Interest Rate

Enter the current Market Rate.

information
Loan Term

Enter the number of years of the Mortgage.

information
Mortgage Start Date

Choose the month and year the new mortgage will start.

information
Include Refinance Costs

Will Refinance costs be included in the new loan?

All Payment Total Loan Amount Total Interest Paid

Payment Breakdown

information
Payment Breakdown

A breakdown of your total payment so you can see where money is allocated.

$1,915

per month

  • Principal & Interest
  • Taxes
  • Insurance
  • HOA Dues
  • PMI
  • Extra Payment
  • Monthly Payment
  • Total Payment
  • Home Value:
  • Mortgage Amount:
  • Monthly Principal & Interest:
  • Monthly Extra Payment:
  • Monthly Property Tax:
  • Monthly Home Insurance:
  • Monthly PMI:
  • Monthly HOA Fees:
  • Total # Of Payments:
  • Down Payment:
  • Principal:
  • Total Extra Payment:
  • Total Interest Paid:
  • Total Tax, Insurance, PMI and Fees:
  • Total of all Payments:
Savings Payment Amount Shorten Loan Term By

Early Payoff Strategy

information
Early Payoff Strategy

Add an extra payment and see how many months you can eliminate on the back end of the loan.

Lump Sum Payment

information
Lump Sum Payment

Shorten your loan term by paying a lump sum all to principal.

Monthly Payment Decrease

$

 Total Interest Difference

$

Monthly Payment Comparison

information
Payment Breakdown

A breakdown of your total payment so you can see where money is allocated.

Current Loan

$

New Loan

$

Monthly Payment Difference

$
Refinance Costs

$

 Time to Recoup Fees

Total Interest Comparison

information
Payment Breakdown

A breakdown of your total payment so you can see where money is allocated.

Current Loan Remaining Interest

$

New Loan Interest

$

Total Interest Difference

$
Years 1 years

Results Summary

information
Buying Renting
Cash Spent $ $
Home value -$ --
Balance on Loan $ --
Closing costs on sale $ --
Adjusted Net Cash Savings $ $

Rent

$

Buy

$556
YEAR

2

 BUY GAIN

$43,244
BUY

$43,244

 RENT

$43,244
Out of Pocket Cost:If you opt for homeownership of a property valued at $, your total expenses out of your pocket for 2 years would add up to $. However, if you choose to rent instead, your overall expenditure would come to $, thus saving you $ (which also covers the down payment you would have otherwise made).
Financial Gain:After 2 years, if you choose to purchase the property, the value of equity in your home would be $, which you can access upon selling it.
Summary:Based on the overall expenses incurred and the equity gained, it would be more advantageous for you to buy the property instead of renting, provided you intend to reside in the house for more than 2 years.
All Payment Total Loan Amount Total Interest Paid

Payment Breakdown

information
Payment Breakdown

A breakdown of your total payment so you can see where money is allocated.

$1,915

per month

  • Principal & Interest
  • Taxes
  • Insurance
  • HOA Dues
  • Extra Payment
  • Monthly Payment
  • Total Payment
  • Home Value:
  • Mortgage Amount:
  • Monthly Principal & Interest:
  • Monthly Extra Payment:
  • Monthly Property Tax:
  • Monthly Home Insurance:
  • Monthly HOA Fees:
  • Total # Of Payments:
  • Down Payment:
  • Principal:
  • Total Extra Payment:
  • Total Interest Paid:
  • Total Tax, Insurance and Fees:
  • Total of all Payments:
Savings Payment Amount Shorten Loan Term By

Early Payoff Strategy

information
Early Payoff Strategy

Add an extra payment and see how many months you can eliminate on the back end of the loan.

Lump Sum Payment

information
Lump Sum Payment

Shorten your loan term by paying a lump sum all to principal.

Monthly Payment Decrease

$

 Total Interest Difference

$

Monthly Payment Comparison

information
Monthly Payment Comparison

A breakdown of your total payment so you can see where money is allocated.

Current Loan

$

New Loan

$

Monthly Payment Difference

$
Refinance Costs

$

 Time to Recoup Fees

Total Interest Comparison

information
Total Interest Comparison

A breakdown of your total payment so you can see where money is allocated.

Current Loan Remaining Interest

$

New Loan Interest

$

Total Interest Difference

$
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