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Current Mortgage Rates in Michigan

Current Mortgage Rates & Why Use A Broker

Are you looking to buy a home or refinance your home in Michigan? Unless you’re paying with cash, you will likely need to secure a mortgage loan to finance your purchase or refinance. As you’re evaluating Michigan mortgage brokers and banks, an important consideration is the mortgage interest rates they’re offering for each loan product. In addition, you will be surprised at how much rates vary from one lender to the next, and how the difference in rates will impact you as a potential borrower. Furthermore, hiring a trusted and experienced mortgage broker in Michigan, such as Daniel Litvin, will save you thousands!
Many banks only offer a few home loan programs, and in many cases, may have higher rates than you can get from a well-connected Michigan mortgage broker. We encourage you to watch our video “Banks vs Brokers” to see why a Mortgage Broker is the best choice.

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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
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20%

1%

5%

$

$1421

Monthly Payment

Principal & Interest $1421

Monthly Taxes $1421

Monthly Insurance $1421

See What Our Clients Are Saying About Us

jake benigni
jake benigni
September 19, 2022.
I've bought 7 homes and working with Dan and Advantage Lending Corp. has been the best experience I have ever had. Dan is super knowledgeable and takes the time to explain everything to you. His calculations of dollars needed to be brought to closing as well as monthly payment were bang on to the cent. Melony is a Rockstar as well. I would HIGHLY recommend.
Matthew Trischler
Matthew Trischler
September 16, 2022.
Dan and his team are extremely knowledgeable and helpful. From the very first contact we felt like we were in good hands. They thoroughly explained every question we had and explained every step in the process of our refinance. They have earned a customer and our referral. 10/10 would recommend!!
James Neal
James Neal
September 16, 2022.
Dan an Melanie are awesome we had a tuff time with 2 other houses falling through an even more problems on my house I closed on it wasnt an easy process dan an Melanie stuck through it the whole way and explained everything the whole way through even my ranting when I was mad hes a great mortage broker an I would highly recommend him to anyone thanks guys 👍
Debbie Hinson
Debbie Hinson
August 24, 2022.
We just purchased a home with the help of Daniel Litvin at Advantage Lending Corp and we couldn't be happier! Daniel went out of his way to explain everything step by step. The experience was very easy and he was quick to respond to any questions and wonderful to work with. Thank you for helping us through the process!
Stacie Oke
Stacie Oke
August 24, 2022.
Dan was amazing with answering all my questions as a solo first time home buyer. He responded promptly with questions and gave great advice when I inquired.
Josh Miller
Josh Miller
August 23, 2022.
Dan and Melony took care of me every step of the way, any time of day. They made house buying as painless as possible for me and my new family. I would highly recommend them for your financial needs! Thanks Dan and Melony!
Kim Slowik
Kim Slowik
August 3, 2022.
Dan & Melony were so knowledgeable and professional, a wealth of information and total pros. Highly recommend using Advantage Lending Corp. for all your lending needs.
J Adams
J Adams
July 19, 2022.
I cannot say enough good things about Dan and his team. As a first time home buyer in a high market, I thought I had done my research and new what I was looking for. I contacted Dan and he clearly explained how the process works and gave me great options that ended up being better than I thought I could get. After this the process only got easier. Dan and his team clearly communicated what they needed and made what I thought would be a stressful experience easy. I will recommend Dan to anyone i know looking for a loan.
Mj VanCamp
Mj VanCamp
July 18, 2022.
Dan is an exceptional mortgage broker! He really knows the industry. He's honest, creative, and can definitely get the best mortgage rates in Michigan. I am very glad we did business with Advantage Lending. I highly recommend using Dan and his team.
Marilyn Swinteck
Marilyn Swinteck
July 16, 2022.
Dan Litvin was extremely knowlegable and professional during the process of buying our new home. He gave insight which was very reassuring and always had time to answer multiple questions and concerns. We would highly recommend him.
Hundreds Of Five Star Reviews
5/5
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