News

June 13, 2020
USDA Mortgage Incentive

Mortgage 1 Again Recognized as Leading Home Loan Lender

Mortgage 1 Ranks Among Best at Providing Low-Interest USDA Rural Development Mortgages For the second time in two weeks, Mortgage 1 has been recognized as one of the leading lenders in Michigan when it comes to making quality home ownership affordable. The newest acknowledgement is […]
June 2, 2020
11 Mortgage 1 loan officers were recognized as MHSDA top performers in 2019.

Mortgage 1 Loan Officers Recognized as MSHDA Top Producers for 2019

Eleven Mortgage 1 Officers Among the Best in the State  We’ve always said Mortgage 1 has the best loan officers in Michigan. Now it’s confirmed.  Eleven Mortgage 1 loan officers were recognized recently by the Michigan State Housing Development Authority (MSHDA) as “top producers” for […]
August 8, 2019

What Is Debt-to-Income Ratio and Why Is It Important?

Debt-to-Income Ratio Your debt-to-income (DTI) ratio is the percentage of your income that goes toward paying your monthly debts. DTI can often be overlooked as many people assume that a good credit score and a high income are the only two factors needed to be […]
July 27, 2018

New Condo Financing Options

New Condo Financing Options Mortgage 1 has expanded the guidelines their Condo financing options. A condominium complex can be grouped into one of two mortgage categories warrantable and non-warrantable.  A condo complex is considered non-warrantable when they fail to meet criteria by Fannie Mae and Freddie Mac to […]