Loan Options

May 15, 2019
Reasons to refinance your mortgage. From Mortgage 1 Inc.

5 Reasons to Refinance

There are many great reasons to refinance an existing mortgage. Mortgage interest has historically been treated differently than all other debt. In fact, mortgage debt is the only debt eligible for a reduction in federal income taxes. Done correctly, refinancing can be a good financial […]
May 3, 2019
State of the Metro Detroit Housing Marketing 2019

State of the Metro Detroit Housing Market

Southeast Michigan continues to be a hot market for home buyers, both first-time buyers and those looking to move up, according to research data as well as on-the-ground insights from a local real estate pro. While the market is in a sellers’ mode, there are […]
April 25, 2019

Now Is the Time to Buy. Mortgage Rates at Historic Lows.

Are you considering purchasing a home or refinancing? If so, now is the time to act. Comparatively speaking, mortgage rates are at historic lows, making now the ideal time to buy a new home or a second home, or to refinance your current mortgage for […]
April 4, 2019
FHA loans make home buying possible. Getting approved for an FHA loan with Mortgage 1’s SNAP App is easy. Get started today!

Getting an FHA Loan

An FHA loan is insured by the Federal Housing Administration, a federal agency within the U.S. Department of Housing and Urban Development (HUD). The FHA does not loan money to borrowers, rather, it provides lenders protection through mortgage insurance in case the borrower defaults on […]