Loan Options

July 25, 2019

The Advantages of Making Extra Mortgage Payments

A house is the biggest purchase most people make in their lifetimes. The mortgage they obtain to finance that house is likely the biggest single investment they will ever make. Even with the popularity of shorter terms and creative loans, most mortgages are still the […]
July 11, 2019

What is a conventional mortgage?

As defined by the website Investopedia, a conventional mortgage or loan is: Any type of home buyer’s loan that is not offered or secured by a government entity, such as the Federal Housing Administration (FHA), the U.S. Department of Veterans Affairs (VA) or the USDA […]
May 15, 2019

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 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 […]