Mortgage Center

Financial Resources & Blog

Quickly find tips, tricks, and advice on all things home related. From renovating, to moving, to navigating the loan process and more, our blog can help! Have additional questions? Call 248-849-9453 and speak with one of our mortgage loan experts today.

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Why Lower Interest Rates Don’t Always Equal Lower Housing Prices

Trying to time the housing market, and find the "perfect" time to purchase or refinance your home, is a game that few people win. Instead, if you've been on the fence about whether rates have fallen enough to make homeownership a smart decision, read on to see how lower interest rates can often raise housing costs. 

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Fannie Mae Homeready mortgages
HomeReady Mortgages: A Great Alternative to FHA Loans

FHA loans aren’t the only option available for borrowers who are struggling to afford the purchase of a new home! HomeReady loans are perfect for people who have fairly good credit, but don’t have the cash to put up a 20% down payment. Learn more about the benefits of this alternative to standard FHA loans

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4 Reasons Credit Unions Are Better Than Banks

Ever wondered what makes a credit union different than a bank? It's actually very simple - Banks are owned by shareholders, credit unions are owned by you. Because they operate as nonprofit organizations, credit unions can offer a lot of advantages over traditional banks! Click below to read more about how credit unions serve you better, while saving you money at the same time.

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When MIGHT mortgage rates start to go down?

Wondering when mortgage rates are going to stop rising Or maybe even come down a bit? Learn about several different economic indicators you can monitor to give clues as to where rates are going, and see what the experts predict for 2024. 

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First-Time Home Buyer's Guide to Down Payments

Buying your first home is a once-in-a-lifetime experience. Check out our handy down payment 101 guide to help make your home purchase a bit easier.

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What is an ARM Loan?

Adjustable rate mortgages, or ARMs, are a great alternative to fixed rate mortgages. Find out how ARMs work and whether they're right for you!

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House under renovation
5 Things to Know About Financing a Fixer-Upper

Buying a fixer-upper is a great way to get more home for your money. Check out these helpful tips so you can purchase a fixer-upper with confidence.

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Beginners Guide to Kitchen Renovation Projects

One of the most common home renovation projects is a kitchen remodel. Learn how to prepare and what to expect.

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How To Finance the Construction of Your Dream Home

Building your dream home is an exciting time, but make sure you come prepared! we're here to help you understand the process of getting a construction loan and explain the costs involved.

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