February 2018

Are these 4 Myths Keeping You From Home Ownership? Here’s How a Michigan FHA Loan Can Help

By |2019-03-24T21:47:07+00:00February 28th, 2018|FHA Loans|

Are you tired of renting but don't think you would qualify for a home loan? You are not alone. Maybe you find it challenging to come up with a 20% down payment. Perhaps you have had a foreclosure or bankruptcy and think you will never [...]

Clinton Twp. Mortgage Lender Gives Tips for Buying a House in a Seller’s Market

By |2019-03-24T21:47:50+00:00February 26th, 2018|Real Estate News|

If you’re in the market to buy a new home in Clinton Twp. or anywhere throughout Metro Detroit this Spring, you will find that housing inventory is lower than demand and mortgage rates are on the rise. This is what is called a seller's market [...]

How Can Negative Credit Impact your Eligibility For a Michigan Home Loan?

By |2019-03-24T21:48:30+00:00February 20th, 2018|Loan Eligibility|

Michigan Mortgage Lender Discusses Collections, Charge Offs and Profit & Loss Charge Off and Profit & Loss (P&L) A charge-off is where debt is no longer an asset to the creditor and instead is considered a business loss because that debt has been determined uncollectible. A [...]

Macomb County Lender Shares Money Saving Tips for Your Down Payment

By |2019-03-24T21:48:58+00:00February 12th, 2018|First Time Home Buyer|

One of the challenges that people face, especially those that are first time home buyers is coming up with a down payment. Although there are several loans that require lenient down payments such as Michigan FHA loans - which only require a 3.5% down payment, [...]