Mortgage Lender in Macomb County Discusses Loans for First Time Buyers If you are shopping for a new home in Michigan it is crucial to understand how the home buying process works. It's also important to learn about all of the loan options in order [...]
The MSHDA Home Loan program is a mortgage product that is available to first-time homebuyers state-wide and repeat homebuyers in targeted areas. This type of loan tends to be especially appealing to first time buyers as they can receive up to $7,500.00 for down payment [...]
An FHA loan is a mortgage insured by the Federal Housing Administration. Borrowers with FHA loans pay for monthly mortgage insurance, which protects the lender from a loss if the borrower defaults on the loan. FHA loans are attractive to home buyers for the following [...]
Figuring out the right time to invest in real estate can be overwhelming - especially when over the last 2-3 years homes have significantly increased in value. Additionally, home inventory has been low, creating a seller's market. This is because there are more buyers than [...]
