About Nick DeMiro

How I work

The mortgage business has a communication problem. People hand over their pay stubs, their tax returns and their bank statements — the most private information they own — and then spend six weeks not knowing what is happening. That is the part I try hardest to fix.

My approach is simple enough to state in three sentences. Tell you the truth early, even when the truth is that the numbers do not work yet. Ask for every document once instead of trickling requests out over a month. Answer the phone.

Most of what I do is not paperwork, it is translation. Underwriting guidelines are written in a language normal people have no reason to speak. My job is to look at your situation, figure out what an underwriter is going to see when they open your file, and tell you in plain English what that means for you.

How I got here

I have spent my career helping people find a way to yes when traditional lending says no. As a Senior Loan Officer with access to over 160 lenders, I focus on Non-QM: DSCR loans for investors, bank statement programs for self-employed borrowers, ITIN and foreign national financing, VA loans with manual underwriting, and VantageScore 4.0 qualification for buyers who do not fit the conventional credit box.

Before joining Edge Home Finance, LLC I spent seven years at Pulte Mortgage, first as a loan officer and later as a regional sales manager overseeing a team of nineteen loan officers. I remain a preferred backup broker for Pulte Mortgage’s North Carolina branch, a relationship built on consistency and trust.

I hold a B.A. in Financial Management from Hillsdale College, where I also played defensive tackle. Film study and two-a-days turn out to be reasonable preparation for underwriting guidelines. Both reward the person who read the whole thing.

I am based in Rochester Hills, Michigan, and I built this business, and the DeMiro name, on being direct, responsive and invested in getting deals done rather than quoted.

Licensed in 19 states

Plenty of loan originators hold a licence or two. I hold nineteen, and that is deliberate.

People move. A promotion lands you in Charlotte. Your parents retire to Florida and want to buy near you. You find an investment property in Phoenix that makes more sense than anything in your own zip code. When that happens, the normal outcome is that you get handed off to a stranger and start the relationship over.

With licenses in Alabama, Alaska, Arizona, California, Colorado, Florida, Illinois, Indiana, Louisiana, Michigan, Missouri, North Carolina, Ohio, South Carolina, Tennessee, Texas, Utah, Virginia and Wisconsin, that hand-off usually is not necessary.

See every license number and regulator.

About Edge Home Finance, LLC

Edge Home Finance, LLC is a licensed mortgage broker headquartered at 5860 Baker Road, Minnetonka, MN 55345, operating under NMLS #891464. It is licensed in all U.S. states and the District of Columbia except New York.

The distinction between a broker and a lender matters more than most people realize. A direct lender has one set of guidelines and one product menu, and if your file does not fit, the answer is no. Edge Home Finance, LLC is a mortgage broker, not a direct lender or creditor, which means the same file can go out to over 160 wholesale lending partners. When a self-employed borrower gets declined at one shop and approved at another with identical documents, that is usually what happened.

Practically, it means I spend less time telling people no and more time figuring out who will say yes.

Recognition

The following are company recognitions earned by Edge Home Finance, LLC, shown as issued.

Verify my license

You should check this, and not only for me. Every loan originator in the country has an NMLS number and you can look up anyone’s record in about thirty seconds.

State licenses at a glance