Ready to set out on the journey of buying or refinancing a Michigan home? You can count on us to locate the Michigan mortgage loan program that’s perfect for you. Loans options include conventional, FHA, Rural Housing and VA. We have a team of professionals who are ready to walk you through this important financial commitment.
Get started by choosing an option below….
Conventional
One of the advantages of a conventional loan is that the borrower can avoid paying the upfront mortgage insurance and possibly the monthly mortgage insurance that government loans such as FHA, Rural Development and VA require. If a borrower makes a down payment of less than 20 percent on a conventional loan, the rates of mortgage insurance vary according to credit scores, debt-to-income ratio, the type of mortgage insurance a borrower chooses, as well as the loan-to-value ratio. Down payments can be as low as 3% for first time home buyers and 5% if you have owned a home in the past 3 years.
FHA
An FHA loan is insured by the Federal Housing Administration, a federal agency within the U.S. Department of Housing and Urban Development (HUD). The FHA does not loan money to borrowers, rather, it provides lenders protection through mortgage insurance in case the borrower defaults on his or her loan obligations. Available to all buyers, FHA loan programs are designed to help creditworthy, low to moderate income families who do not meet requirements for conventional loans.
Rural Development USDA
The Mortgage 1 Rural Housing program is dedicated to the preservation of rural communities. We partner with Rural Development, a division of the US Department of Agriculture, to help home buyers throughout the state realize the American dream of home ownership. This program, administered through the US Department of Agriculture, features ZERO down payment for qualified moderate-income families looking to purchase single-family homes. For borrowers with little or no cash, it’s ideal since no down payment and no funds are needed for closing.
VA Home Loan
VA guaranteed loans are made by Mortgage One, a VA Automatic Lender, and guaranteed by the U.S. Department of Veteran Affairs (VA) to eligible veterans for the purchase of a home. The guaranty means the lender is protected against loss if you fail to repay the loan. In most cases, no down payment is required on a VA guaranteed loan and the borrower usually receives a lower interest rate than is ordinarily available with other loans.
What Our Clients Say
Evan E.10/28/2022 - GoogleJim and Austin were great to work with. As first time home buyers we had a lot to learn. Jim made the process very smooth and answered all of our questions in a timely manner! Thank you, Jim and Austin!
Evan E.10/26/2022 - GoogleJim and Austin were great to work with. As first time home buyers we had a lot to learn. Jim made the process very smooth and answered all of our questions in a timely manner! Thank you, Jim and Austin!
Evan E.10/12/2022 - GoogleJim and Austin were great to work with. As first time home buyers we had a lot to learn. Jim made the process very smooth and answered all of our questions in a timely manner! Thank you, Jim and Austin!
- Grace A.9/20/2022 - Facebook
Everything is 100% authentic he is very helpful and answers any questions about online trading I just made my 5th withdrawal and it is absolutely stunning and in great condition! Wonderful customer service! His customer service is beyond expectations! Contact him via: Email: ethanpayne700@gmail.com WhatsApp:+44 7862 075181
Grace A.9/20/2022 - FacebookEverything is 100% authentic he is very helpful and answers any questions about online trading I just made my 5th withdrawal and it is absolutely stunning and in great condition! Wonderful customer service! His customer service is beyond expectations! Contact him via: Email: ethanpayne700@gmail.com WhatsApp:+44 7862 075181
Grace A.9/20/2022 - FacebookEverything is 100% authentic he is very helpful and answers any questions about online trading I just made my 5th withdrawal and it is absolutely stunning and in great condition! Wonderful customer service! His customer service is beyond expectations! Contact him via: Email: ethanpayne700@gmail.com WhatsApp:+44 7862 075181
- Elizabeth B.2/28/2022 - Google
Jim and his team were amazing to work with! Everything was easy to fill out and uploading documents in the app made the process quicker and more efficient. 100% recommend working with Jim!
Elizabeth B.2/26/2022 - GoogleJim and his team were amazing to work with! Everything was easy to fill out and uploading documents in the app made the process quicker and more efficient. 100% recommend working with Jim!
Elizabeth B.2/16/2022 - GoogleJim and his team were amazing to work with! Everything was easy to fill out and uploading documents in the app made the process quicker and more efficient. 100% recommend working with Jim!
- Carrie P.2/12/2022 - Google
Jim and Shanna are by far the best in the business! They know what they’re doing, they handle the unexpected and they deliver with such professionalism. I can not thank them enough for holding my had during my extra challenging purchases! You have a customer for life 😊
Shelly G.1/28/2022 - GoogleJim is the BEST! He’s friendly, professional and patient. He explains everything really well so you can understand the process of purchasing or refinancing. My husband and I have gone to him twice now and wouldn’t dream of going anywhere else! I highly recommend Jim!
Dane O.12/13/2021 - FacebookAustin is amazing! Couldn’t imagine going through the process of buying our first home without him. He went above and beyond to help us. Dropped everything and took time to thoroughly explain the many questions we had for him along the way. We have Austin to thank for the process running so smoothly. Austin is an all star! ⭐️
- Dane O.12/13/2021 - Facebook
Austin is amazing! Couldn’t imagine going through the process of buying our first home without him. He went above and beyond to help us. Dropped everything and took time to thoroughly explain the many questions we had for him along the way. We have Austin to thank for the process running so smoothly. Austin is an all star! ⭐️
Dane O.12/13/2021 - FacebookAustin is amazing! Couldn’t imagine going through the process of buying our first home without him. He went above and beyond to help us. Dropped everything and took time to thoroughly explain the many questions we had for him along the way. We have Austin to thank for the process running so smoothly. Austin is an all star!
Dane O.12/13/2021 - FacebookAustin is amazing! Couldn’t imagine going through the process of buying our first home without him. He went above and beyond to help us. Dropped everything and took time to thoroughly explain the many questions we had for him along the way. We have Austin to thank for the process running so smoothly. Austin is an all star!
Let’s Work On Getting You That Dream Home
Do you have a question? We can help. Contact us and we will be in touch to review your options. We guarantee your privacy.
