Parker Mortgage Group | Creative Mortgage Solutions in Michigan

 Most conventional mortgage programs require a minimum credit score of 620. However, many Michigan homebuyers qualify with lower scores depending on the loan program.

At Parker Mortgage Group, we work with multiple lenders to offer:

• FHA loans for lower credit borrowers
   
• VA loans for eligible veterans
   
• Conventional loans with competitive pricing
   
• Non-traditional and alternative documentation programs
   

If you have past credit issues, collections, or previous financing challenges, you may still qualify. We specialize in helping borrowers who have been told “no” elsewhere.

 Down payment requirements vary by loan type:

• 0% down for eligible VA and RD loans
   
• 3% down for certain conventional programs
   
• 3.5% down for FHA loans
   
• Higher down payment options for jumbo or specialized financing
   

We help Michigan buyers explore creative down payment strategies, gift funds, and flexible program options that are not always available at a local bank.

 Yes, in many cases you can.

Banks typically offer only their in-house loan products. As an independent mortgage broker, Parker Mortgage Group works with many lenders and investors to find unique solutions that are not always available at a local bank.

We regularly help clients with:

• Self-employment income challenges
   
• Recent job changes
   
• Prior bankruptcies or foreclosures
   
• High debt-to-income ratios
   
• Complex income structures
   
• Investment property financing
   

If you’ve been denied before, we encourage you to get a second opinion.

 Many lenders take 30 to 45 or more days to close.

At Parker Mortgage Group, our average client is approved in approximately 12 days, allowing us to close significantly faster than many competitors.

Speed matters in competitive Michigan real estate markets, and our boutique, hands-on approach keeps your loan moving forward without delays.

 Refinancing may make sense if you want to:

• Lower your interest rate
   
• Reduce your monthly payment
   
• Remove mortgage insurance
   
• Consolidate debt
   
• Access home equity with a cash-out refinance
   
• Shorten or extend your loan term
   

Michigan homeowners have built strong equity in recent years. We evaluate both rate and long-term financial strategy to determine if refinancing makes sense for your goals. Reach out for a quick, no obligation discussion to see if the math works in your favor for your current situation. 

 Creative financing refers to loan structures and programs designed for borrowers who don’t fit traditional lending boxes.

Examples include:

• Bank statement loans for self-employed borrowers
   
• Non-QM programs
   
• Alternative documentation loans
   
• Higher debt ratio approvals
   
• Investment property strategies
   
• Portfolio lending options

• Asset-based loans for higher net worth borrowers lacking traditional income sources
   

As a broker serving Michigan, we focus on outside-the-box financing solutions that many traditional banks simply do not offer.

 No. Perfect credit is not required.

While higher credit scores may improve the interest rate you are offered, many programs exist for borrowers rebuilding credit. We review your full financial picture and have access to many different lenders and mortgage programs. 

 Mortgage rates in Michigan generally follow national trends. However, pricing varies significantly based on:

• Credit score
   
• Loan type
   
• Property type
   
• Down payment
   
• Debt ratios
   

Because Parker Mortgage Group has access to multiple lenders, we are able to compare options and secure competitive mortgage rates for Michigan buyers and homeowners looking to refinance. 

 Yes.

Self-employed borrowers often face challenges at traditional banks. We offer:

• Bank statement loan programs
   
• Profit and loss program options
   
• 1099 income solutions
   
• Business owner financing strategies
   

If your tax returns do not reflect your true income, we may have alternative documentation solutions available.

 A bank can typically only offer its own products.

Parker Mortgage Group, as an independent mortgage broker, works with many lenders. That means:

• More loan options and programs
   
• More flexibility
   
• Very competitive interest rates
   
• More creative solutions
   
• Personalized one-on-one service
   

With over 20 years of experience, we provide boutique-level service while maintaining access to large-scale lending options with the largest lenders in the country. 

 We serve homebuyers and homeowners across the entire State of Michigan, including:

• Ann Arbor
   
• Chelsea
   
• Jackson
   
• Lansing
   
• Detroit
   
• Grand Rapids
   
• Traverse City
   
• All surrounding communities
   

We are licensed in Michigan, Indiana, Ohio, and Florida.

Getting started is simple.

You can:

• Call 855-935-5626 (855-935-LOAN)
   
• Email support@parkermortgagegroup.com
   
• Apply securely online parkermortgagegroup.my1003app.com

We are are an Equal Housing Opportunity mortgage broker