Mike Rundell is a Reverse Mortgage Sales Manager and mortgage loan officer with SUCCESS® Lending. He helps homeowners, homebuyers, and real estate investors explore financing strategies aligned with their property and financial goals.
Mike’s primary focus is reverse mortgages. He works with eligible homeowners who want to better understand how a reverse mortgage may help them access a portion of their home equity, purchase a new home, or improve their quality of life while remaining in their current home. Mike takes an educational approach, carefully explaining available options so homeowners and their families can make informed decisions.
Mike also specializes in Debt Service Coverage Ratio (DSCR) loans and other investment property financing solutions. He works with real estate investors seeking financing based primarily on a property’s potential rental income, whether they are purchasing their first rental property or expanding an existing investment portfolio.
Before beginning his mortgage career in 2020, Mike worked as a physician. His professional background shaped the analytical, detail-oriented, and educational approach he now brings to mortgage lending. He takes time to understand each borrower’s circumstances, explain available loan options, and provide clear guidance throughout the financing process.
Whether you are considering a reverse mortgage, purchasing an investment property, expanding a rental portfolio, buying your first home, or refinancing an existing mortgage, Mike is committed to helping you move forward with clarity and confidence.
From the SUCCESS® Lending home office in Schaumburg, IL, Mike serves borrowers in Arizona, California, Colorado, Florida, Georgia, Illinois, Indiana, Michigan, Pennsylvania, Texas, and Washington.
Address:
1750 East Golf Road, Suite 240, Schaumburg, IL 60173
Licensed:
Purchase Calculator
Why Borrowers Choose SUCCESS® Lending
Who We Are
SUCCESS® Lending is a mortgage lender built around people, relationships, and clear communication. Our loan officers help homebuyers and homeowners understand their options, compare loan programs, and move through the mortgage process with confidence. Whether you are buying your first home, moving up, refinancing, investing, or using your home equity, we are here to help you make informed decisions.
Our Mission
Our mission is to make home financing feel more personal, transparent, and easier to understand. We take the time to learn about your goals, explain your options, and help you choose a loan strategy that fits your financial picture. From pre-approval to closing, your SUCCESS® Lending loan officer is focused on keeping you informed, prepared, and supported.
Our Promise
You deserve a mortgage experience that is clear, responsive, and centered on your goals. We promise to communicate throughout the process, answer your questions, and work with your real estate agent when applicable to help keep your loan moving forward. With SUCCESS® Lending, you have a loan officer who is committed to helping you take the next step with confidence.
Loan Programs to Fit
all Homeownership Dreams
Non-QM Loans
Alternative options. Flexible documentation.
Non-QM loans may provide alternative mortgage options for qualified borrowers who do not meet traditional loan requirements.
Down Payment Assistance
Help with upfront costs.
Down payment assistance programs may help eligible homebuyers reduce the upfront cash needed to purchase a home.
Refinance
Rework your mortgage. Reach new goals.
Refinancing may help homeowners adjust their mortgage, access home equity, lower payments, change terms, or move into a different loan program.
FHA Loans
Accessible financing. Flexible credit.
FHA loans can help make homeownership more accessible for first-time buyers and borrowers with limited down payment funds or credit challenges.
Conventional Loans
Popular option. Flexible terms.
Conventional loans offer flexibility and competitive terms for qualified homebuyers with stable income, solid credit, and funds available for a down payment.
VA Loan
Powerful benefits. Built for service members.
VA loans are available to eligible Veterans, active-duty service members, and certain spouses, offering strong benefits for qualified borrowers.
USDA Loan
Rural financing. No down payment.
USDA loans are designed to help eligible low- to moderate-income buyers purchase homes in qualifying rural and suburban areas.