About Mike Derby
When you’re making one of the biggest investments of your life, you want to work with someone you can trust. As your lender, I’ll always have your back.
Throughout his career, Mike has always prided himself on customer service and satisfaction based on understanding the customer’s needs, goals and objectives. As a Loan Officer, this means that Mike works diligently with his clients to find them the best loan product to fit their individual needs.
Mike has been married for nearly 40 years, and in his free time enjoys spending time with family and cruising the Chesapeake Bay with family and friends.
Why Choose Mike Derby?
★★★★★
"Mike's communication with us was top notch. He covered every detail. There were no big surprises like I've experienced with some companies in the past. He solved any issues that arose and made the process go smoothly."
- Diana L B
★★★★★
"Mike was referred by a friend. What a difference a local lender is. I got the fastest turnaround on all sorts of the buying home process. Cannot recommend more. And lastly, the real reason we went with Mike was he had the lowest rate! Great experience."
-James K
Client Tools
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Calculate Your Monthly Payment
Our calculator tool helps your better understand your budget and home eligibility by giving you an estimated monthly payment based on purchase price, current loan rates, and loan terms.
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- *Estimated, not including taxes and insurance.
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Our professionals are ready to assist you with a personalized estimate, tailored to your specific wants, needs and situation when you're ready. Let us help you finance with confidence.
* The figures shown are estimates and are subject to change based on a more thorough review of your needs, choices, and credit history. The payments shown do not include other expenses you will incur as a homeowner; such as taxes and insurance. For an even more accurate quote, contact a loan officer.
The default interest rate is the Freddie Mac Weekly National Average for a 30-year conventional mortgage as of 04/10/2025. Read More
Actual figures will vary based upon market conditions and a more thorough review of your needs, loan choices and credit history. Please note that the interest rate is different from the Annual Percentage Rate (APR), which includes other expenses such as mortgage insurance, and the origination fee and or point(s), which were paid when the mortgage was first originated. The APR is normally higher than the simple interest rate. The payments shown do not include other expenses you will incur as a homeowner; such as taxes and insurance. This is an estimate. For a more accurate quote, speak with a loan officer. This calculator is a tool and is not intended as an advertisement.
Mike's Featured Articles
Reasons to Use a Local Lender
Preparing for Homeownership
Do’s and Don’ts of the Mortgage Process
Contact Mike Derby
Whether you're in need of a mortgage or simply looking for advice, I'm happy to help. Let's connect!
Phone
301-672-4585Areas Mike Serves
I’m available for all your mortgage needs in the following states: