About Michael Thayer, CMPS, CMA — Mortgage Experience, Credentials & Professional Background
Michael Thayer NMLS ID #173264 Planet Home Lending LLC NMLS ID#17022 | 321 Research Parkway, Suite 303, Meriden, CT 06450 Michael Thayer Mortgage Loan Originator, NMLS ID# 173264 | 400 East Main Street Suite 215, Office A Chattanooga, TN 37408 | Branch NMLS ID# 2057126 Equal Housing Lender. © 2026 Planet Home Lending, LLC | 321 Research Parkway, Suite 303, Meriden, CT 06450 (203) 265-5090 | NMLS ID# 17022
For licensing information, go to: www.nmlsconsumeraccess.org | AZ Mtg. Banker Lic. MB-0929069; Licensed by The Department of Financial Protection and Innovation under the CA Residential Mtg. Lending Act Lic #: 4130947; IL Residential Mtg.; Licensed by the NH Banking Dept.; Licensed by the NJ Dept. of Banking and Insurance; OH Mortgage Broker Act Mtg.; Rhode Island Licensed Lender; TX location 5020 Riverside Dr, Suite 300, Irving, TX 75039; Licensed Mortgage Banker—NYS Department of Financial Services—NY location 265 Broadhollow Rd, Suite 100, Melville, NY 11747; MA Mortgage Lender License # ML 17022. This is not a loan approval or commitment to lend, applications are subject to full review and approval, other terms and conditions may apply. This is an advertisement. Nothing in this advertisement should be construed as an endorsement or recommendation of services of any other entities or persons shown.
These materials are intended solely for informational and educational purposes. The opinions and views expressed reflect the date of communication and are subject to change over time. Any forward-looking statements are based on projections, estimates, or expectations regarding future events or economic outcomes. Actual results may differ significantly from those described. The views expressed herein should not be attributed to Planet Home Lending LLC.
The payment examples provided assume a 740 credit score, 20% down payment, 45% debt-to-income (DTI) ratio, a 30-year (360 payments) conventional loan, an APR of 6.682%, an owner-occupied single-family home, and a 1-point discount unless otherwise noted. All loan terms, including interest rates, closing costs, discount points, and eligibility criteria, are subject to change without notice and may vary based on the borrower’s credit profile, down payment amount, property type, and location. All loans require underwriter approval, and additional terms and conditions may apply.
Seller concessions are subject to applicable loan program guidelines, maximum allowable limits, property and transaction eligibility, lender requirements, and the terms negotiated in the purchase contract. Availability and allowable amounts may vary by loan type, occupancy, down payment, and other transaction-specific factors.
Buy Now. Sell Later. See www.planethomelending.com/purchase-edge for program details and state eligibility. Additional terms and conditions apply. Programs are subject to change or termination without notice and expire on December 31, 2026.
* Temporary buydown illustrations (3-, 2-, and 1-year programs) require a cash deposit at closing. Depending on the specific loan program and eligibility, the deposit may be funded by the borrower, seller/builder, or lender. Borrower-funded deposits may include personal assets or eligible gift funds. Seller- or lender-paid buydowns must comply with investor guidelines and loan program terms. Borrowers must qualify based on the note rate of the chosen buydown program, with payment reductions applying only during the buydown period. Terms and conditions are subject to change without notice and contingent upon borrower qualification, credit approval, and underwriting requirements.
General Calculator Disclaimer
All calculators, estimates, projections, comparisons, illustrations, and interactive tools available on this website are provided for educational and informational purposes only. They are designed to help users explore hypothetical financial scenarios and better understand how different assumptions may affect potential outcomes.
Results are estimates based on the information entered, assumptions selected, and data available at the time of use. They are not a loan approval, commitment to lend, offer of credit, financial advice, tax advice, investment advice, appraisal, or guarantee of any particular financial outcome.
Interest rates, home values, appreciation, investment returns, rent increases, payments, loan amounts, property taxes, homeowners insurance, mortgage insurance, HOA dues, closing costs, prepaid expenses, seller credits or concessions, loan terms, qualification requirements, and other figures used or displayed may vary based on the borrower, property, location, loan program, lender requirements, and market conditions.
Any assumptions regarding future mortgage rates, home-price appreciation, property values, investment returns, rental rates, market conditions, or other future events are illustrative assumptions only and should not be considered forecasts or guarantees of future performance. Historical performance does not guarantee future results.
Actual financing terms, payments, costs, eligibility, and loan availability are subject to credit approval, income and asset verification, property eligibility, appraisal, underwriting requirements, applicable loan-program guidelines, and other conditions. Not all borrowers will qualify for every program, rate, or scenario illustrated.
Calculator results should not be relied upon as a substitute for a personalized mortgage analysis or advice from your tax, legal, financial, or investment professional.
For a personalized review, contact us so we can evaluate your actual financial information, property details, goals, and current financing options.