Loans To Buy A Home
FHA & VA Loans, Conventional & Jumbo Loans, 203K Loans, Zero-Down Loans & more!
Advantage Lending Corp has the best home purchase programs and rates in Michigan. Whether you’re a first time home buyer, buying your next home, buying your dream house, or refinancing, we offer programs and rates that fit your needs. Let us help you get pre-approved BEFORE you start looking to buy a home, and read about some of the Michigan home loan programs we offer.
How Do You Know What Type of Home Purchase Loan to Choose?
Several factors influence your eligibility for certain types of mortgages in Michigan as well as what types of loans may be most suitable to your needs.
Key factors such as your credit score, debt-to-income (DTI) ratio, income, and financial history are all taken into consideration when determining your eligibility for different types of home loans in Michigan. Also, for VA mortgages, your service record is also a factor.
Furthermore, you need to think about what type of mortgage will help you to achieve your goals as a homeowner. Questions to ask yourself include:
- Do you plan to stay in your new home for just a few years, or a few decades?
- How much can you afford to put down on a home?
- What kind of financial liquidity do you require in the coming years?
During your free home loan consultation, we can help you answer these questions and other important questions to help you determine what type of mortgage will be a fit for your needs.
Moreover, we can review your qualifications in detail and let you know what you are eligible for and what specific home mortgage plan works best for you and your family.
Our Home Loan Programs
A Better Mortgage Starts Here!
Often the best loan type for clients with good credit and a modest down payment. Benefits of conventional loans include no upfront funding fees, cancellable Private Mortgage Insurance, minimum down payment ranges of 5% and typically has lower monthly costs for PMI. Common loan terms are 30 or 15 years. Call us to get exact numbers. (248) 608-RATE