FHA Loans
The Federal Housing Administration (FHA) insures the loans for this program making it possible for buyers who may have limited cash availability, low to moderate income, and lower credit scores to purchase a home.
Take a look at the many great benefits of using the FHA Loan programs:
- Easier borrower qualification
- Low minimum down payment requirement- just 3.5%!
- Gifts and government down payment assistance are acceptable sources for the down payment
- Great rates that are comparable to conventional loan rates
- Lower mortgage insurance premiums, and under certain conditions, automatic cancellation of the premium
- Limited closing cost fees (e.g., the origination fee cannot exceed 1% of the mortgage loan)
- Loans can be assumable to qualified buyers
- State down payment assistance programs, like MSHDA , are allowed
- Renovations and repairs can be included when financing with the FHA 203k Renovation Loan
Contact me today to see if this is the right loan program for you!
Latest Blog Post
Refinance to a 15-Year Mortgage in Michigan: Your 2026 Flight Plan to Debt-Free Homeownership
Would you intentionally hand over an extra six figures in interest just to keep your monthly budget slightly more comfortable? Many homeowners in West Michigan are realizing that the traditional 30-year path feels more like a treadmill than a climb toward true ownership. If you feel like your monthly payments aren’t making a dent in your principal, it’s time to explore how to refinance to 15-year mortgage Michigan options. With 15-year fixed rates in Michigan averaging 6.13% as of late June 2026, the opportunity to stabilize your financial future is here, even with recent market volatility.
It’s natural to feel anxious when your hard-earned money is swallowed by interest turbulence while your retirement date looms closer. We believe your mortgage should be a tool for wealth, not a permanent weight on your shoulders. This guide will show you how a 15-year refinance maneuver can shave a decade off your debt and secure your home equity much faster. We’ll preview current rates in cities like Kalamazoo and Portage, explain the equity requirements for a successful transition, and provide a clear flight plan to reach your destination of debt-free homeownership.
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