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TRUTH in Lending Promotes TRUST in Lending
Purchase, Refinance, Conventional, Jumbo, FHA, VA, USDA Options as Unique as You - copy
Our Expertise is Your Advantage.
Our Expertise is Your Advantage.
"Getting a house again was a dream for us and you all made it a miracle." - Shelley and Charles
"Getting a house again was a dream for us and you all made it a miracle."
- Shelley and Charles
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Road To Home Ownership
The Mortgage Advantage is an Arizona based mortgage lender. We assist borrowers in acquiring residential mortgages; and we do so by educating you on home loan options according to your specific needs. Your road to home ownership begins with our team.

Contact our Team

Preapproval for your new home in 15 minutes or less
Using our online loan application, you can take your time and complete your application whenever it's convenient for you. And, you can always save your work and come back and complete it later if you need to.

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Contact Us
(480) 831-1588 or (480) 235-5667
The Mortgage Advantage, PLLC
9180 S Kyrene Rd., Ste 101
Tempe, AZ 85284

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As usual at this time of year, my crystal ball is a little cloudy, but 2022 is beginning to feel a lot like Groundhog Day. What will the future bring us in 2022?  As my dear old granny used to say, one man’s misfortune is another man’s wealth.  (Don’t blame me for the pronouns, this is from my granny.) Billionaires are building expensive space vehicles, yet all of the big cities are experiencing homeless families living in cars (not Tesla’s, they are too small).

There are a few states in which homes are still affordable. For instance, West Virginia, Alabama, Mississippi, Iowa, North Dakota’s housing prices have shown minimal increase but do require either snow blowers or buckets of mosquito repellent.  Arizona will continue to entice those longing for a combination of economic progress and good climate with no natural disasters (so far). Our housing market is expected to expand again this year, but not the eye-popping increase we saw in 2021.

Interest rates are going to suck. (My apologies for the inappropriate language, I wish I could blame it on my granny.)  Treasury yields, which determine our mortgage rates, are pushing higher at the fastest New Year pace seen in 20 years. That means higher mortgage rates, like, now.  It could mean rates in the… (pardon me, while I use the F-word) four percent range.

Self-employed borrowers will suffer through another year of COVID overlays implemented in 2020 by the government, which were set to expire this month.  Along with their tax returns, profit and loss statements, borrowers will continue to provide two months of up-to-date corporate bank statements to prove their business is viable. (Really, a comfort letter from a CPA, an internet site and an anal probe is not enough?)

The 2022 second home mortgage change is going to hurt. Second home purchases and refinances will have a substantial increase in mortgage rates, slapped on by Fannie Mae and Freddie Mac. (Borrowers swear they are buying a second home until they decide to VRBO after closing.)  We probably won’t experience the increase until February or March. Just an FYI, occupancy fraud is the LEADING  cause of mortgage fraud in the U. S. and is a class-four felony. So ask yourself, do you feel lucky? Or look fabulous in striped prison garb?

Many of us, especially those who have been sick or who cannot find a date, are welcoming 2022 with open arms.

We appreciate our family, friends, wonderful staff,  semi-adorable children, and  awesome clients for getting us through 2021. Here’s to a healthy and profitable 2022, we all deserve it!

As Always, we offer:

• VA

Like YOU we are always working. Call  us anytime!
Diane Gerdes
 April Chadwick

About Us

The Mortgage Advantage is honored to assist families and individuals achieve their homeownership dreams.  We offer flexible rates, low fees and can close quickly.

Our loan officers are educated in today’s ever-changing mortgage environment.  We inform borrowers of their loan options, whether it’s for a home today or next year.

As a service, we offer prequalifications at no cost along with guidance on loan criteria. We also can help improve credit and credit scores.

The Mortgage Advantage firmly believes that personalized and professional service creates lifelong relationships. We are grateful for our past and current clients.

We are your advocate in mortgage industry. Our borrowers work directly with us.  We welcome the opportunity to work closely with you through-out the entire loan process.


Our mission is to be personally committed to our Clients, all Real Estate Professionals, and our Employees. PLLC was founded upon the essential principles of teamwork, consistency, and technological innovation.

We pledge to treat each transaction with an urgency of purpose and dedicated spirit, further fueling our vision of the way lending can, and more importantly, should be done. PLLC is grateful of our clients, real estate agents, vendors, and our employees who have worked with us through the years.

Truth in Lending Promotes Trust in Lending