Mortgage 1 Team

September 23, 2021

How Long Does a Michigan Mortgage Preapproval Last?

Suppose you started house shopping before the COVID-19 pandemic resurfaced. You shelved your home-buying plans for a while, but now you’ve got your eye on the perfect property. Is that Michigan mortgage preapproval you got still valid? Probably not. Although it varies by lender, most […]
August 16, 2021

5 Ways Private Mortgage Insurance (PMI) Benefits Home Buyers

Private mortgage insurance, or PMI, seems like just one more annoying addition to your mortgage. But it comes with some surprising benefits to the home buyer. Find out what PMI’s benefits are in this article. You’re shopping around for a home loan and you get […]
August 4, 2021

What You Need to Know About MSHDA First-Time Home Buyer Assistance Programs

Looking for a little help with your downpayment? If you’re buying a home in Michigan, MSHDA’s first-time home buyers loan program might be exactly what you need. If you’re a first-time home buyer, getting enough money for a down payment can seem like a major […]