Purchase Mortgage in Michigan

Most people purchasing a home do so by borrowing a portion of the funds needed with a new mortgage. There are many different home loan options available and many different ways to qualify for the financing for your new home. 

It's a great idea to discuss the options for monthly payment, down payment and term of the loan with a mortgage professional to see what fits best for your situation. You'll want to review how putting different amounts down will affect your monthly payment and take into account things like the estimated amount of time you'll own the home. You may also qualify for special financing programs, down payment options or assistance. A mortgage broker will explore the different options available to you and then help you narrow down to the mortgage with the best combination of money down and monthly payment. 

Purchasing a new home is big deal and you'll want to be comfortable with the terms of your new mortgage and understand what you're getting. 

Tip: Start working with a mortgage broker early in the process to find out which options work best for you and get a pre-approval prior to submitting an offer. 

Contact us today to discuss your needs and goals and we'll help walk you through the many different options available. Parker Mortgage Group is a licensed mortgage broker with access to many banks and lenders to provide you with the best mortgage to suit both your short and long-term needs.