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Billy Schaffer

Vice President of Mortgage Lending
39 South Main Street, Suite 1 & 3, Clarkston, MI 48346
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NMLS: 21276
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I recently purchased a home in Reno Nevada while living in Michigan. I had the privilege of working with Bill Schaffer and Guaranteed Rate. Bill did an incredible job handling all of the issues of purchasing out of State property. I was informed of the process at each step of the way and could not have had a better experience. I appreciated Bill's professionalism, his prompt responses to all my questions, and his handling my mortgage with attention to detail. Thank you Bill for all you did for...

Mike F.

Billy was definitely Top notch! Great follow up...never had to ask the status of my loan...I enjoyed working with Guaranteed Rate...

Jason P. – 08/02/16

Thank you for tirelessly working to find me the best mortgage loan for my situation. The debt consolidation mortgage has saved me thousands of dollars a year in interest charges and lowered my monthly payments considerably. Working with you has been great. You treated me like a person and not a number, that means a lot today. I would recommend you if someone needs a mortgage refinance or debt consolidation loan.Thank you again for all your hard work on my account.

Tammy C. - 08/29/2016

I knew Billy would take good care of me and his team lived up to my expectations. I needed to close in 25 days to meet my timeline for my purchase on my condo and Billy's team kept me in the loop the whole time. E-signing is simple and quick. I closed on time with no surprises at closing. If you want a mortgage team that delivers on their promises, trust Billy with your mortgage.

Anthony D. – 5/5/2016

About Billy

I have worn many hats in the Mortgage Industry. I started in 2004 when I received a call from a family member to let me know they just started helping people with their home financing. Described it as so fulfilling to be apart of helping people achieve home ownership through purchase and saving money through refinancing. I look at it as I get to create long lasting relationships and share smiles with friends for a lifetime.

I attended Mott Community College, Western Michigan University, and finally The University of Michigan. I went to college with the intention of being a teacher/coach as I love helping people and seeing them grow. Having an impact on people in a positive matter is what I love most. Triple minor in math, geography, and physical education is what I went to school for.

I am married to my lovely wife that I've been with for over 13 years, and I am blessed to have 2 beautiful children. They are my everything! I grew up in Flint Michigan, and reside in Clarkston now. I love community, and will continue to be a pillar in the community for charities, school systems, and support everyone to the best of my abilities. I am a very big Sports Fanatic. Played all sports through high school, and attended Western Michigan to play football. Love the TEAM atmosphere.

Billy interview Q&A

How long have you been in the mortgage business and what inspired you to get into it?
2004 is when I entered the mortgage industry, and was inspired by the possibility to make an impact on others lives in a positive way.
Who is your typical customer and what questions do they typically have?
The families I am lucky enough to help are any and all. With the vast array of mortgage programs I have through GR, I am able to help almost everyone I come in contact with. The typical questions people have are the basics. What is my best option for me and my family. What Rate and Cost combination's do you have? How much do I qualify for when buying a house? Is the process difficult?
What specific steps do you use to help your customers find the best home loan for them?
Most people don't realize you have over 10 rate and cost options on every program you ever discuss. It's the education part that I specialize in for everyone that I speak to. There is so much that goes into selecting the right loan for a family. First is the goals they have, why are they even considering it? Next would be giving options that people don't even know that are out there. Third is giving my expert opinion, as I've been apart of over 10,000+ mortgage applications/closings in my career.
How long have you been in the mortgage business? What awards have you won?
In 12 years, I have won top performer in my previous company time after time. Have went from Sr. Loan Officer to Executive Loan Officer, to President's Club Loan Officer. Top Revenue Producer, Team Captain, Directors and Leaders. Top Referral award winner (which is my favorite, ask me why!).
What advice would you give new or first time home buyers?
Surround yourself with an educated originator. I am both Federally and State Licensed in over 35 states across the country.
Tell us about a mortgage product that consumers may not be aware of?
Double Down, with our 1% down purchase loan.
What part of the home loan process do customers find most difficult and how do you help them through it?
The most difficult part of a loan process is the uncertainty. I educate my clients up front, so there are no surprises. A loan process is not scary, when you already know what the next step is, and what documents you are going to need and why upfront. It comes with the experience I have.
What provides you with the most satisfaction in your job as a Loan Officer?
Creating lasting memories with an extension of my family through the mortgage process. Creating smiles that last for a lifetime by building trust between us.
Tell us something that makes you unique or something wacky, yet interesting about you?
People say I'm a little wacky because more times than not you will catch me smiling. I will always deliver the good and bad in an immediate fashion. It's apart of how I'm wired as a person. I love what I do!

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