Mohan Panangavil, Mortgage Broker | NMLS# 138021

Best Service. No Worries.

25 years of experience, hundreds of millions funded, and a process designed to keep you calm.

Michigan Mortgages Made Easy

Indus Financial serves the entire State of Michigan and guides homebuyers and homeowners through purchases and refinances with clarity and speed. Mohan Panangavil brings 25 years of experience, strong lender and underwriter relationships, and a steady approach that keeps the process moving. Clients choose Indus Financial because communication is consistent, questions are always welcomed, and challenges are handled calmly so you can move forward with confidence.

Always in the Loop

You get updates at every stage, not silence.

Smart Loan Matchmaking

No guesswork, just the right program and the right terms.

Speed Without Stress

Many loans close in 5 to 15 days when conditions allow.

Indus Financial NMLS# 1465652

Programs That Fit Real Life

Conventional, FHA, VA, and refinance options explained in plain language.

Conventional

FHA

VA

Refinance

Conventional

Conventional loans are mortgages not backed by the government, offered by banks and lenders. They typically require good credit, stable income, and a manageable debt-to-income ratio. Down payments range from 3% to 20%+, and private mortgage insurance applies under 20%. Options include fixed-rate and adjustable-rate terms, for primary, second, or investment properties.

FHA

FHA loans are designed for first-time buyers or those with lower credit scores or smaller down payments. Backed by the government, they offer more flexibility and are ideal if you're just getting started or looking for a more accessible path to homeownership.

VA

VA loans are exclusively for veterans, active-duty service members, and eligible spouses. With no down payment, no private mortgage insurance, and competitive rates, they’re a well-deserved benefit for your service.

Refinance

Refinancing replaces your current mortgage with a new loan to lower your rate, change the term, or tap home equity. Homeowners refinance to reduce monthly payments, switch from adjustable to fixed rates, or consolidate debt via cash-out refis. Closing costs apply, and savings depend on credit, equity, loan size, and how long you’ll keep the home.

Get Pre-Approved

Find the Right Loan, Without the Stress

Best service. No worries. Start to finish.

With access to a broad network of lenders and mortgage products, Mohan Panangavil works to identify the financing solution that best supports your goals — whether you are purchasing your first home, moving up, investing, or refinancing. Each option is carefully reviewed and clearly explained, allowing you to compare terms and make a well-informed decision with confidence.