MORTGAGE LOAN OPTIONS IN MICHIGAN

Every homebuyer has different goals, and the right mortgage can make all the difference. At Michigan Mortgage, we offer a variety of home loan programs to help you find financing that fits your needs.

Explore your options below, or connect with our team for personalized guidance.

FHA Mortgage Loans

FHA Loan

Flexible credit requirements and down payments as low as 3.5% for qualified buyers.

Conventional Mortgage Loan

Conventional Loan

Flexible financing options with down payments as low as 3% for eligible borrowers and opportunities to eliminate mortgage insurance.

Veterans Mortgage Loans

VA Loan

Eligible Veterans, active-duty service members, and certain surviving spouses may qualify for 100% financing with no monthly mortgage insurance.

Rural Development Loans

Rural Development Loan

USDA financing offers no down payment for qualified buyers purchasing homes in eligible areas.

MSHDA Loans

MSHDA

Eligible Michigan homebuyers may qualify for up to $10,000 in down payment assistance to help cover upfront homebuying costs.

Streamlined 203k Loan

Streamlined 203(k) Program

Purchase a home and finance up to $75,000 in eligible renovations with one mortgage.

Image showing a doctor reading a patient's blood pressure

Doctor Loan

Specialized financing for eligible medical professionals, including options with no down payment and no monthly PMI.

Bank Statement Loan

Mortgage options for eligible self-employed borrowers who may qualify using bank statements instead of traditional income documentation.

DSCR Loan

Investment property financing that evaluates qualifying rental income rather than relying primarily on personal income.

Refinancing Options

Refinancing

Explore opportunities to lower your monthly payment, access your home’s equity, or adjust your mortgage terms.

Click here to contact a Loan Officer

Not Sure Which Mortgage Is Right for You?

You don’t have to figure it out alone! Our local Loan Officers will help you compare your options, understand the costs, and choose financing that makes sense for your goals.

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Michigan Mortgage is a division of Mortgage One, Inc. NMLS#129386
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