Michigan Loan Guide

Michigan is among the many states that are participating in new home loan incentives and have put programs into action that are helping thousands of distressed families keep their homes by refinancing or modifying their existing loans. The financial concerns of the country have not gone unheeded and there is a tremendous amount of assistance available to those who take the time to seek it out.

Michigan Home Loans

There may never be a better time to purchase a home than right now. Interest rates are lower than they have been in years, and home values have fallen to as much as half of what they were a few years ago. It is still important to take your time do the research before you sign on the dotted line, but there are some fantastic deals available for those who want to be part of the American dream.

Michigan Refinancing and Restructuring

Do you feel like your family budget has been stretched to the limit by your rising mortgage costs? The solution could be to get assistance from state and federal programs that have been designed specifically to convert existing loans into lower interest fixed rate offerings.

Michigan Home Equity Loans

Every parent wants their children to go farther than they were able to, but that dream can be hard to do unless there is money available to pay for college expenses. The good news is that a home equity loan is considered a perfect way to come up with the money to pay for a higher education and give your kids a head start when they move out into the world.

Michigan FHA Loans

The FHA is there to help everyone who wants to be a homeowner. Because the money available through the FHA is guaranteed, most lenders are more than happy to help you figure out the red tape and get your FHA loans financed.

Michigan Mortgage Tips

It cannot be stressed enough how important it is to keep your credit score high and your credit record free of errors. Check your credit score at one of the top 3 reporting agencies, Equifax, Experian, or TransUnion, and find out what you need to do to correct any problems you encounter. Any financial transactions you need to make involving credit will depend on your credit score and the higher that score is, the lower the interest rates you can expect to pay.

Michigan Helpful Links

HUD Michigan
Michigan State Housing Development Authority
Michigan Attorney General’s Information on Avoiding Foreclosure

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