Carl Moraw, Mortgage Loan Officer, NMLS #688921

Carl Moraw, Mortgage Loan Officer, NMLS #688921 Mortgage Lender at First Merchants Bank with over 25 years of experience helping people buy, build, and refinance.

These are programs you won't find everywhere. As a community-focused bank, we're committed to making homeownership more ...
09/14/2026

These are programs you won't find everywhere. As a community-focused bank, we're committed to making homeownership more accessible, and we prove that through solutions like our exclusive Next Horizon Mortgage, Community Homebuyer Grant, and partnerships with local nonprofits, housing organizations, and municipalities that offer additional homebuyer assistance.

In many cases, eligible buyers can combine multiple programs to further reduce their down payment and closing costs.

Reach out anytime if you'd like to learn more, explore your options, or receive a personalized mortgage quote.
https://myoc.io/fWFlibmYZdI

Lenders calculate your DTI to help determine how much home you may qualify for. DTI = Monthly debt payments ÷ Monthly in...
09/09/2026

Lenders calculate your DTI to help determine how much home you may qualify for.

DTI = Monthly debt payments ÷ Monthly income (before taxes)

What counts toward DTI?

✅ Current rent or future mortgage payment
✅ Car loans, student loans, personal loans
✅ Credit card minimum monthly payments
✅ Child support or alimony
✅ Buy Now, Pay Later obligations (Affirm, Klarna, Afterpay, etc.)
✅ Other recurring debt payments

What doesn't count?

❌ Utilities
❌ Cell phone and internet bills
❌ Groceries
❌ Childcare expenses
❌ Streaming subscriptions
❌ Other day-to-day living expenses

A good DTI ratio is 36% or lower. However, many lenders will accept up to 43%.

Thinking about buying a home? Let's talk through your numbers – send me a message to start the conversation.
https://myoc.io/fWFlibmYZdI

Credit is key when buying a house. When you apply for a home loan, your lender will evaluate your credit to help determi...
09/07/2026

Credit is key when buying a house. When you apply for a home loan, your lender will evaluate your credit to help determine if you’ll be approved and what your interest rate will be.

You can request a free copy of your Credit Report at www.annualcreditreport.com. Or use our SavvyMoney tool, available in the First Merchants mobile app, to monitor your Credit Score and download a snapshot of your Credit Report.

Need help understanding your credit situation? Want to know if you qualify for a mortgage? Send me a message.
https://myoc.io/fWFlibmYZdI

Waiting for rates to come down before buying? This example gives some rough numbers to consider. Of course, no one kno...
09/02/2026

Waiting for rates to come down before buying? This example gives some rough numbers to consider.

Of course, no one knows what rates or home prices will do in the future. This is simply an illustration of why it’s important to look at the entire picture.

Contact me any time to talk through the numbers and learn your options.
https://myoc.io/fWFlibmYZdI

⭐ Client Testimonial ⭐"As a first-time homebuyer using a physician loan, the mortgage team was knowledgeable, responsive...
08/31/2026

⭐ Client Testimonial ⭐

"As a first-time homebuyer using a physician loan, the mortgage team was knowledgeable, responsive, and patient throughout the process."

Thank you, Eric, for your trust and recommendation. Congratulations on your new home! 🏡

🏡 Congratulations, Ethan and Jamie, on your new home!At First Merchants Bank, we love helping first-time homebuyers turn...
08/26/2026

🏡 Congratulations, Ethan and Jamie, on your new home!
At First Merchants Bank, we love helping first-time homebuyers turn their dreams into reality with our Community Home Buyer Grants. A big thank you to Brian and Kelly for helping Ethan and Jamie find the perfect home.

From January through June 2026, First Merchants helped 310 families access a total of $2.95 million in down payment assi...
08/26/2026

From January through June 2026, First Merchants helped 310 families access a total of $2.95 million in down payment assistance to make their home purchase more affordable.

If you know anyone looking to buy their first home, reach out to me and my team. We may have a program that can help cover some (or all) of their down payment and closing costs.

Back-to-school season can make a move feel overwhelming.New schools, new routines, transportation, schedules, activities...
08/24/2026

Back-to-school season can make a move feel overwhelming.

New schools, new routines, transportation, schedules, activities, and helping kids adjust. It's a lot to think about.

If you're considering a move but are worried about the timing, you're not alone. Every family's situation is different, and part of my job is helping you understand your options so you can make the decision that's best for your family.

📩 If a move is on your mind, let's talk.
https://myoc.io/fWFlibmYZdI

Before you start touring homes, know the number that matters most: the monthly payment you’re comfortable with. A mortga...
08/19/2026

Before you start touring homes, know the number that matters most: the monthly payment you’re comfortable with.

A mortgage pre-approval can help you understand your options, but a good conversation with a lender should also include your budget, goals, and the kind of lifestyle you want after you move in.

Want to get clear on your numbers? Message me to schedule a free budget planning call.
https://myoc.io/fWFlibmYZdI

Waiting for a certain interest rate isn't the same as being prepared to buy.The most prepared buyers aren't just watchin...
08/17/2026

Waiting for a certain interest rate isn't the same as being prepared to buy.

The most prepared buyers aren't just watching the market. They're getting clear on their budget, savings goals, and what homeownership will mean for their overall finances.

That's where I can help.

Whether you're planning to buy in the next few months or simply exploring your options, we can talk through the numbers and create a plan that makes sense for you.

Message me anytime for a no-pressure conversation.
https://myoc.io/fWFlibmYZdI

Address

32991Hamilton Court
Farmington, MI
48334

Telephone

+12485631686

Website

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