Your   homeownership journey starts here

The mortgage process simplified.
Fast approvals, local experts, trusted results.

Michael H. Reddy smiling at Preferred Rate conference.
Michael H. Reddy, a professional speaker, at a Preferred Rate event, emphasizing financial solutions and expert advice.
Beautiful modern craftsman house with landscaped front yard and double garage.
A stunning modern craftsman-style house featuring a landscaped front yard, large windows, and a spacious double garage.

NMLS: #218859

Michael H. Reddy

Sr. Mortgage Advisor/Sr. Reverse Mortgage Advisor

I partner with a team of top real estate specialists to provide comprehensive guidance and support, helping clients achieve a secure and well-structured financial path tailored to their unique goals. By combining expertise in real estate, mortgage lending, and financial planning, we ensure every client has the tools, knowledge, and strategies to make informed decisions and achieve long-term success.

Our collaborative approach allows us to address every aspect of the homebuying or refinancing process, from selecting the right property to structuring a mortgage that fits your needs. We focus on creating safe, reliable financial solutions that align with each client’s objectives—whether purchasing a first home, upgrading, investing, or planning for the future.

With a commitment to exceptional service, clear communication, and trusted advice, we help clients navigate the complexities of real estate and financing with confidence, turning their goals into reality.

Licensed in:

AZ, CA, CO, CT, FL, GA, HI, IL, IN, KS, KY, LA, MA, MO, MT, NM, OK, PA, TN, TX, WA, WV and WI

Why work with me?

4.9/5 Rating

97 reviews

Real clients. Real results.

Working with Michael was a pleasure, everything was taken care of in a quick and timely manner, 100% professional !!Thank you Michael for everything

Anthony L

Very professional and efficient. Would recommend Michael anytime. Thank you. You guys are awesome!

Toko M

Great couldnt ask for more

Tray s

Even though my original mortgage company switched over to APM, the transition was smooth and was talked to everyday

Xavier S

I am beyond grateful for the effort this team put into my mortgage application process. As a first-time homebuyer, the process and all steps were explained clearly from the beginning, and all phases of the process up until closing went very smoothly. I would 100% recommend this team to anyone looking into becoming a homeowner! It was a great experience, and I feel better prepared as a new homeowner after working with this team.

Emilee

The experience with the team was good. I really enjoyed working with the team. There were a few times throughout the process where people on the team didn't seem to talk, but it was always cleared up in a reasonable amount of time.

Richard

The team that worked on our loan went above and beyond our expectations. Thank you so very much! We couldn’t have done this without you.

Richard O

Excellent service! Can’t say enough good things about Michael and his team!

Brian S

Their team moved quickly to close and were very helpful along the way. Made this a great experience.

Angel

You guys did a great job and I will recommend you to any of my friend if want to buy a house.

Carlos M

Just an amazing Team with so much potential the process was extraordinary accurate in a very strong sense of performance I highly recommended you guys I got my dream Home now I'm so happy and truly appreciate this such an among efforts you guys put in.Thank you so much !

Oslin E

Fast, organized, and professional

Christopher K

Top notch services! I will not be using anyone else for my lender needs moving forward.

Paul W

I have never had a better experience with anyone than Mike Reddy and his associates

Lawrence E

Michael Reddy was great! Answered all my questions and was very helpful. Always on call when I had a question or needed anything.

Cheryl W

This purchase was a spur of the moment idea. It involved an out of State purchase and a 1031 Exchange! Everything went smoothly. Thank you Preferred Rate for your expertise. . Norma

Norma M

He was very helpful and knowledgeable about our refinance and responded in a timely manner. He mad the whole process smooth and easy. 10/10 would recommend him and use him again in the future.

Amber F

If you want a team that really goes above and beyond for you in your search for the right home at the right rate, reach out to Preferred Rate!! A+

Daniel Martinez (

Great company Great service

chris

Mike and his team were great and friendly to work with during the process of buying my first home. They were always willing to assist and educate me as the process moved along. Mike was very quick to respond to any questions I had.They made the whole purchase easy and stress free.I would gladly use them again for future purchases.

Andy B

I have worked with Mike to secure several mortgages/refi's. Always a pleasure to work with and would always refer/recommend others to contact him!

Brendan G

Stellar service, fast, responsible, and effective. It was a great experience overall.

Ronnie R

They help me get my new home. Went all out, and when I was loosing hope. They came through.

Jose M

Thank you for taken the time to help us get this house.

Robert M

Perfect home buying experience. Thank you!

Ian W

Great customer service

tim t

My experience working with Mr. Reddy as a first-time home buyer had me very stressful but speaking with him, keep my confidents up. Mr. Reddy told me if I had questions, he was available just call. He showed concern and explained information when asked. I felt he is very professional and knowledgeable in what the process is to obtain a loan.

dgeder

Good communication and speedy response

Terralisa C

Very helpful and made the process easier

Jordan H

Two semi enthusiastic thumbs up.

Aaron S

I recommended 100/100, Michael H Reddy ? he helped us a lot so that our house was closed on time, he was pending all the time, thank you very much you the best Michael H Reddy???

Zaida L

Being a first time home buyer, I was very nervous and not sure what to expect. From the first time I spoke with Mike, I was put at ease about the entire process. Mike helped to explain each step in ways that were easy to understand. When I did have any questions or asked to go over something again to ensure I was aligned, Mike was there to be sure I felt good about the information or process. Without Mike and his team by my side, I know my experience would not have been as amazing as it was, as well as easy - am very very grateful for this! I would recommend to anyone and everyone, first time home buyer or not!

Lacie K

Very helpful thru a stressful situation.

Heather S

Easy fast close Financing went smoothly

Timothy P

10/10 experience. Look nowhere else. Preferred Rate, Michael Reddy and Donnerson Penna (+ their teams) are the absolute best.

Elly A

Very professional and efficient. Would recommend Michael anytime. Thank you. You guys are awesome!

Toko M

Process was extremely smooth and informed along the way. Love working with these people, will again if the need arises.

Beth D

Mike and his team were awesome to work with, great communication, always available for questions and super friendly

Kristin

Mike and his team were responsive and great to work with throughout the loan process. Excellent communication, very helpful and kept us regularly updated. Highly recommend.

Kris W

Loan Programs

Spacious living room with comfortable seating, large windows, and stylish decor.
A bright, inviting living room featuring a blue sofa, wooden chairs, and a fireplace with logs, perfect for relaxing or entertaining.
DSCR Loans (Investment Loans)

Featured

Beautiful modern craftsman-style house with a landscaped front yard and garage.
A stunning craftsman-style home featuring a welcoming porch, modern design, and the 1% Home Loan Program.
1% Home Loan Program

Featured

Man using smartphone at home, exploring conventional loan options.
Man reviewing mortgage options on his phone in a cozy living room setting.
Conventional Loans

Featured

Comfortable living room featuring a fireplace, wall-mounted TV, and stylish decor for a welcoming ho.
A welcoming living room with a fireplace, wall-mounted TV, and elegant decor, ideal for relaxing and entertaining in a cozy home setting.
Down Payment Assistance (DPA)

Featured

Refinance Loan
Child on Veteran's shoulders with American flag, symbolizing VA loan benefits.
Supporting veterans and families with VA home loan options and resources.
VA Loans
USDA loan approval process for rural home financing.
A couple stands outside a new house, symbolizing rural homeownership with USDA loans.
USDA Loans
FHA loan approval process with Preferred Rate for homebuyers.
Happy couple discussing FHA loan options at home.
FHA Loans
Beautiful blue house with landscaped yard, ideal for low down payment mortgage options.
Charming blue home surrounded by lush greenery, perfect for those seeking low down payment loan solutions.
Low Down Payment Loans
Beautiful house exterior with porch, windows, and landscaped yard.
A charming two-story house featuring a spacious front porch, large windows, and a well-maintained lawn, ideal for HELOC loan considerations.
HELOC Loans
Happy couple working on home renovation inside a room with construction tools.
A smiling couple during a home renovation project, standing on stairs with construction supplies around them.
Home Renovation
Luxury home with a spacious driveway and well-maintained landscaping for jumbo loan financing.
Explore jumbo loan options for financing high-value homes like this beautiful property.
Jumbo Loans
Man using a laptop on a bean bag chair, promoting flexible bank statement loans.
Comfortable man working on a laptop at home, highlighting flexible bank statement loan options for homebuyers.
Bank Statement Loans
Construction financing solutions for building your dream home or project. Expert guidance for seamle.
Two workers in safety helmets working on a construction site, focusing on woodwork and project progress.
Construction Financing
Beautiful manufactured home with a welcoming porch and landscaped yard.
A charming manufactured home featuring a spacious porch and lush landscaping, ideal for comfortable living.
Manufactured Home Loans
Colorful Victorian-style condominiums with detailed architecture and lush greenery.
Beautiful Victorian-style condominiums with intricate details and vibrant colors, perfect for condominium loan options.
Condominium Loans
Healthcare professional loan options for doctors and medical staff. Secure funding to grow your medi.
Image of a smiling doctor holding a clipboard in a medical office setting. Perfect for promoting medical professional loan services.
Medical Professional Loans
Nurse smiling with tablet, promoting first responder loan programs.
A nurse smiling while holding a tablet, highlighting loan options for first responders, teachers, and nurses.
First Responders | Nurses | Teacher Loans
Affordable community lending options for homebuyers.
Aerial view of a new residential property in a friendly neighborhood.
Community Lending
Buydown mortgage rates with temporary payment reductions.
Learn how temporary buydowns can lower your mortgage payments during the initial years of homeownership.
Temporary Buydowns
Modern two-story house with garage, ideal for bridge loan financing.
A contemporary two-story home with a spacious garage, perfect for real estate bridge loans and investment opportunities.
Bridge Loans
Expanded Income Loans for Home Improvements.
Modern house with landscaped yard and garden.
Expanded Income Loans
Loan options for international clients seeking financial solutions.
A smiling woman using a tablet near a window, representing accessible loan services for foreign nationals.
Loans for Foreign Nationals
Home loan options for quick approval and competitive rates.
Simplify your home buying process with Preferred Rate's SmartBuy program.
Click n’ Close SmartBuy National DPA
Expanded Credit Loans living room with modern furniture and cozy decor.
Comfortable living room featuring yellow armchairs, a fireplace, and a flat-screen TV, ideal for home improvement financing options.
Expanded Credit Loans
Senior couple exploring reverse mortgage options on laptop.
Elderly couple discussing reverse mortgage benefits using a laptop at home.
Reverse Mortgages
Seller PreLock Program for homeowners to secure home sale options.
A woman reviews her home sale options on a tablet in a bright, modern kitchen, highlighting the Seller PreLock Program benefits.
Seller PreLock Program
Preferred Rate Pathway DPA Program interior design.
Spacious living room with contemporary furniture and a sleek kitchen setup.
Pathway DPA Program
Rhyze HELOC
Secure lock program for home safety and security.
Beautiful blue house featuring a secure lock program for enhanced home safety.
Secure Lock Program

Refinance With Purpose

Every refinance starts with a goal. Whether you want to lower your payment, shorten your term, or access equity, we’ll build a strategy around
what matters most to you.

Consolidate Debt

Simplify what you owe. Use your home’s equity to combine high-interest debt into one  payment.

Lower Payments

Improve monthly cash flow. Even a small rate adjustment can create  savings over time.

Get Cash Out

Access equity with intention. Turn your home’s value into funds for renovations, education, retirement, or financial goals.

Change to Fixed Rate

Stabilize your payment. Move from a variable rate to predictable payments built for long-term planning.

Refinance VA Loan

Use a VA refinance program to improve your terms, access cash, or reduce your monthly payment.

Discover your home’s value instantly.

Get a personalized home value report powered by real market data. Track equity, explore trends, and stay informed about your property and mortgage loan.

Home loan approval process with competitive rates at Preferred Rate. Secure your mortgage today with.
Beautiful suburban house at sunset, showcasing a cozy home with a well-maintained lawn and welcoming entrance.
Preferred Rate logo with financial graph and rate drop notification.
A logo for Preferred Rate featuring a financial graph and a notification about interest rate drops.

We'll watch the market for you

Set your target interest rate and we’ll notify you when it hits. No spam, just smart alerts.

Mortgage Loan Calculator

Estimate your monthly payment in seconds.

$400,000

$50k $2M+

Customize taxes, insurance & HOA

Not required (Down payment ≥ 20%)
Estimated Monthly Payment

$0

Principal & Interest Mortgge Loan
$0
Property Tax Estimated
$0
Home Insurance Estimated
$0
HOA & PMI Fees
$0
Information and interactive calculators are made available to you as self-help tools for your independent use and are not intended to provide investment advice. We cannot and do not guarantee their applicability or accuracy in regard to your individual circumstances. All examples are hypothetical and are for illustrative purposes.

Frequently asked
questions

With short and easy to understand answers.

Couldn’t find your answer?

[email protected]

Couldn’t find your answer?

[email protected]

Home Loan Guides
& Checklists

View all

Ready to take the
next step?

Set your target interest rate and we’ll notify you when it hits. No spam, just smart alerts.

  • Competitive rates
  • Expert support
  • Easy process