At OM Mortgage, LLC, you get the best of both worlds—the power of a direct lender and the flexibility of a broker. As a multi-state mortgage company, we put you and your family at the center of everything we do, giving you access to competitive in-house lending options along with the freedom to shop the market for the best fit. With fair fees, personalized guidance, and unmatched service, we’re here to help you achieve your homeownership goals with confidence.
50
Loan Programs
350
Years of Experience
24
States and Counting
37
Employees to serve you!
2
Regional Offices
Locations
We Are Local.
OM Mortgage, LLC focuses on serving its local communities while also maintaining a multi-state reach that’s rapidly growing.
Resources
Get started by using one of our FREE tools!
About Us
OM Mortgage, LLC LLC
NMLS #1972491
At OM Mortgage, LLC, you truly get the best of both worlds. As both a lender and a broker, we give you direct access to competitive in-house lending options while also offering the flexibility to shop the market with multiple wholesale lenders. This means more choices, better terms, and solutions tailored to your unique needs.
We are a multi-state residential mortgage company committed to one thing: YOU. Our promise is simple—putting you and your family first to ensure you receive the right mortgage product, fair fees, and the kind of service and advice that builds lasting relationships.
With over 350 years of combined experience, our team has guided clients through every market cycle. That perspective has made us a lifetime mortgage partner—the one that will be there when your children buy their first home, just like mom and dad did.
We approach lending with our proven S.M.A.R.T. communication process:
- Secure. Your information is always protected with the highest standards.
- Modern. We use the latest mortgage technology for faster, smarter solutions.
- Available. Our team is here for you 24/7/365.
- Reliable. No matter the situation, you are always our priority.
- Transparent. Honesty and integrity aren’t just words—they’re the way we do business.
At OM Mortgage, LLC, it’s not just about closing deals — it’s about opening doors. Personalized service, honest guidance, and real savings are what set us apart.
Advantage
Why work with us?
We genuinely care about what’s right for you. From pre-approval to closing, our mission is to deliver an exceptional experience while helping you save money. We provide a completely customized experience, and will find the right loan program and best terms for you.
The most important part of our success is our clients and real estate agents who trust us every day to educate and advocate for them in the mortgage process. We have multiple loan products, giving our clients more options, competitive rates, and low fees. We are passionate about providing great customer service.
Calculator
Are you trying to figure out if renting or buying a home is better for you? Try using our Rent vs Buy Calculator to see what makes sense for you…
The results provided by this mortgage calculator are for informational and illustrative purposes only. They do not constitute a commitment to lend or an offer of credit. Actual loan terms, interest rates, and monthly payments may vary based on factors such as credit profile, loan product, property location, and other considerations. All estimates are subject to underwriting approval and may not include additional costs. Borrowers should carefully review their financial situation and consult with a licensed mortgage professional before making any loan decisions.
Buying is cheaper than renting after
If you buy a house, after 3 years it will cost you $58 more per month and $5000 more in total than if you had rented.
But you will own in equity of your home with an appreciated value of .
If you buy a house, after 3 years you will have saved $58 per month and $5000 in total than if you had rented.
You will also own in equity of your home with an appreciated value of .
Buying will never be cheaper than renting
Home equity after
1 year
years
TOTAL COST
YEARS
Costs over
Monthly Cost (after )
Yearly Cost (after )
Total Cost (after )
Rent
Buy
Difference
$0
$0
$0
Rent
Buy
Difference
$3,019
$92,453
$89,434
Rent
Buy
Difference
$3,019
$92,453
$89,434
Estimated Costs
These costs are estimated based on the information under the advanced section. You may adjust these values to suit your particular situation in order to get a more accurate estimate.
Monthly mortgage payments
$
Homeowner's insurance
$
Private Mortgage Insurance
$
HOA dues
$
Property tax
$
Home repairs
$
Renovations
$
Closing costs
$
Yearly rent increase
%
Rental insurance
$
How We Calculate the Costs
Calculating the Cost of Renting
The cost of renting is relatively straightforward to calculate. It primarily includes your monthly rent payments and a few additional expenses:
- Monthly rent payments
- Security deposit (typically equal to one month's rent)
- Renters insurance (annual premium)
- Down payment
- Closing costs (typically 2-5% of the home's value)
- Monthly mortgage payments (principal and interest)
- Property taxes
- Homeowners insurance
- Private Mortgage Insurance (PMI) if applicable
- HOA fees (if applicable)
- Maintenance and repairs
- Home improvements and renovations
- Annual home appreciation rate: %
- Annual rent increase: %
- Renters insurance: $ per year
- Home maintenance and repairs: % of home value per year
- Home improvements and renovations: % of home value per year
- Selling costs when you sell the home: % of home value
Experts
Check out our other mortgage calculators
Access our top-rated mortgage calculators to expertly assess your financing options, compare various loan types, and make informed decisions for your home buying journey.
