Ohio Home Mortgage Expert

Helping you and your family achieve the dream of homeownership.

Apply Online Questions?
Bill Bayer

Bill Bayer

Loan Officer

(440) 342-3409
NMLS #214028

Which Home Loan is Right for You?

3 of the most popular Ohio home loans we provide here at Schmidt Mortgage Ohio are listed below. We've highlighted just a few of the key differentiators between these mortgage types that will help you understand which one may be best suited for your needs. If you'd like to learn more about all the Ohio home mortgage products we offer, please click below.

Conventional Home Loans Ohio

Typically a fixed rate home loan that allows the borrower to eliminate mortgage insurance once they hold >20% equity in their property.

  • Lower Rates
  • Flexible Terms
  • Fixed or Adjustable
Learn More

FHA Home Loans Ohio

This home loan program allows down payments as low as 3.5% of the purchase price, although you are required to pay mortgage insurance.

  • Lower Credit Requirements
  • Smaller Down Payment
  • Competitive Rates
Learn More

VA Home Loans Ohio

Reserved for those who serve our country. VA home loans offer 100% financing, low interest rates & don't require mortgage insurance.

  • 0% Down Payment
  • No Mortage Insurance
  • No Prepayment Penalties
Learn More

What people are saying about Bill Bayer

5.00 Rating ∙ 5 Reviews on Zillow

Bill was extremely helpful and knowledgeable.

ljglasgow - 08/29/2017

He was very patient to explain the process to me and made the process as easy as possible. He was quick to respond when I had questions and was available via phone, text and email.

Loan Type Conventional
Loan Purpose Purchase
Loan Program 30 Year Fixed
Mortgage services provided by William Bayer

Very knowledgeable and helpful

zuser20140720180025404 - 02/27/2017

Bill has been great to work with. He is very knowledgeable, responsive and will even schedule calls on evenings and weekends if necessary (which is great for me because it's hard to take many of those calls during normal business hours). I can't recommend him enough!

Loan Type Conventional
Loan Purpose Purchase
Loan Program 30 Year Fixed
Mortgage services provided by William Bayer

He quickly responds to all situations and even contacts you on weekends.

user3505220 - 03/13/2014

Bill is a very helpful and is quick with responding. He helped me understand everything a first time home owner would need to understand. He is a very patient person and he is willing to answer all your questions. I liked how he made me feel comfortable with my choice to go with his company and made me feel less stressed about my choice. He quickly responds to all situations and even contacts you on weekends. He was a pleasure to do business with and I have already recommended him to others.

Loan Purpose Purchase
Mortgage services provided by William Bayer

He was punctual in getting back to me .

ojcaw - 03/11/2014

Bill is very professional and very patient with his clients, as well as, knowledgeable. Great asset to your company! Bill told me exactly what he needed from me in order to close the loan on the house. He was punctual in getting back to me . I would recommend him to my friend's and family.

Loan Purpose Purchase
Mortgage services provided by William Bayer

He went above and beyond to do everything that he could to guide us and help us ...

jodicardina - 03/11/2014

Bill Bayer was very honest and knowledgeable regarding the loan process of purchasing our new home. He went above and beyond to do everything that he could to guide us and help us to provide him with the information that was needed to close the loan. He was always very prompt in returning our calls or emails, and answered any questions that we had, making sure that we fully understood his response. If a time came that we decided to move an needed to purchase a new home, I wouldn't hesitate to contact Bill to complete our loan! He's a great guy who did a great job!!

Loan Purpose Purchase
Mortgage services provided by William Bayer

Calculate Your Mortgage

$

5%

1%

5%

$
$

$1421

Monthly Payment

Principal & Interest $1421

Monthly Taxes $1421

Monthly HOA $1421

Monthly Insurance $1421

*Hypothetical monthly mortgage payments reflect hypothetical Principal, Interest, Taxes, Insurance, and Home Owners Association dues amounts. These figures and rates are for educational purposes only and do not reflect an official mortgage loan offer. **This does not constitute tax advice.
$

5%

1%

5%

$
$

$1421

Monthly FHA Payment

Principal & Interest $1421

Monthly Taxes $1421

Monthly HOA $1421

Monthly Insurance $1421

Monthly Mortgage Insurance $0

*Hypothetical monthly mortgage payments reflect hypothetical Principal, Interest, Taxes, Insurance, and Home Owners Association dues amounts. These figures and rates are for educational purposes only and do not reflect an official mortgage loan offer. **This does not constitute tax advice.
$

0%

1%

5%

$
$

$1421

Monthly VA Payment

Principal & Interest $1421

Monthly Taxes $1421

Monthly HOA $1421

Monthly Insurance $1421

Purchase Price $1421

VA Funding Fee $1421

$1421

*Hypothetical monthly mortgage payments reflect hypothetical Principal, Interest, Taxes, Insurance, and Home Owners Association dues amounts. These figures and rates are for educational purposes only and do not reflect an official mortgage loan offer. **This does not constitute tax advice.

What's Your Home Worth?

Improve The Curb Appeal Of Your Home April 2, 2021

Improve The Curb Appeal Of Your Home

Sometimes we focus so much on the interior of our homes that we may neglect the exterior. If you’re thinking about selling your home, or simply want to one-up your neighbors, here are a few ideas that will get you started. Walkway When folks come to your house, you want to roll out the red […]

Ask Your Real Estate Agent March 26, 2021

Ask Your Real Estate Agent

In today’s market, you need a real estate agent who can get creative, play hardball in negotiations, and help you stand out from the pack in a bidding war. And not everyone, even an agent recommended to you by a friend or loved one, is up to the task. Want to make sure you’re getting […]

Running Your AC vs. Opening Windows March 19, 2021

Running Your AC vs. Opening Windows

When the temperature is rising, do you run the air conditioning or open the windows? The choice isn’t always obvious. You may think open windows are the more economical choice, but constantly starting and stopping your central AC or window unit can be inefficient and costly. To help you decide, here are some tips for […]

Yard Maintenance Must-Haves March 12, 2021

Yard Maintenance Must-Haves

If you recently bought your first home, you’re probably feeling pretty overwhelmed by the whole experience. And somewhere in between setting up your house and getting to know all the neighbors, you may have overlooked one thing: the yard—or should we say, the yardwork. Unless your new digs come with landscaping service, chances are you’ll […]

X
Contact Bill Bayer

Bill Bayer - Loan Officer

NMLS# 214028

(440) 342-3409

35104 Euclid Avenue Suite 200 Willoughby, OH 44094

Get Directions