Refinancing
Michigan Divorce: Your Home’s Future – Sell, Buy Out, or Refinance? (CDLP Guide)
Dividing the marital home is often one of the most emotionally charged and financially complex aspects of divorce. Understanding the available options and their implications is critical for both clients and family law professionals. In Michigan, where real estate values continue to appreciate, strategic decisions about the marital home can significantly impact each party’s financial…
Read MoreKeep Your Home in Divorce: The Michigan Equity Buyout Process Explained (Expert Mortgage Strategies)
Dividing real estate in a divorce is rarely straightforward, especially when one spouse wishes to keep the marital home. Equity buyouts offer a practical solution, allowing one spouse to retain ownership while compensating the other for their share. However, the process requires careful planning and a clear understanding of mortgage guidelines to ensure a successful…
Read MoreReverse Mortgage Truths: Michigan Seniors, Don’t Believe These 5 Damaging Myths!
As a mortgage lender, I often hear concerns and questions about reverse mortgages. These loans can be a valuable tool for homeowners aged 62 and older who want to tap into their home equity while staying in their homes. Unfortunately, misconceptions about reverse mortgages can cause unnecessary fear and hesitation. This blog post aims to…
Read MoreFixed or ARM in Michigan? Make the SMART Mortgage Choice for Your Home & Wallet
Buying a home is one of the most important decisions you’ll make, and choosing the right mortgage is a big part of that process. As a mortgage lender in Metro Detroit, I’m here to help you understand the differences between two popular types of loans: Fixed-Rate Mortgages (FRMs) and Adjustable-Rate Mortgages (ARMs). In this blog…
Read MoreRefinancing Your Michigan Home? Avoid These 5 Costly Mistakes & Save Thousands!
Refinancing your mortgage can be a smart financial move, but it’s not without its potential pitfalls. As a mortgage lender serving Metro Detroit, I’ve seen homeowners make certain mistakes that could cost them time, money, and peace of mind. To help you avoid these missteps, I’ve compiled a list of the five most common refinancing…
Read MoreWhy and When to Refinance Your Mortgage: A Guide for Metro Detroit Homeowners
If you’re a homeowner in Metro Detroit, refinancing your mortgage could be a great way to optimize your financial situation. As a mortgage lender with years of experience helping homeowners like you, I’ve seen firsthand how refinancing can lead to significant savings and financial flexibility. But how do you know if it’s the right time…
Read MoreThe Pending Refi Boom??: How Metro Detroit Homeowners Can Get Ready to Cash In if it Happens
When economic conditions change, smart homeowners keep an eye on mortgage rates to know the best time to refinance. The U.S. might be close to a new boom in refinancing, which could be a great opportunity for homeowners. Understanding what’s driving this potential boom and how to get ready could make a big financial difference.…
Read MoreStop the Mortgage Spam! Understanding & Avoiding Credit Trigger Leads in Michigan
If you’re looking for a home loan, you might hear about something called “credit trigger leads.” This guide will help you understand what they are, how you become one, how to opt-out, and why you should be careful. What Are Credit Trigger Leads? When you apply for a home loan, the lender checks your credit.…
Read MoreThe Smart Michigan Homebuyer’s Guide to Condos: Warrantable vs. Non-Warrantable Unpacked
When you’re thinking about buying a condominium or townhome, you might hear the terms “warrantable” and “non-warrantable.” These terms are important because they affect your financing options. Let’s break down what they mean, what makes a condominium or townhome warrantable, and what to do if you’re interested in a non-warrantable property. What is a Warrantable…
Read MoreBehind Your Mortgage: How Fannie, Freddie & Ginnie Mae Shape Your Home Loan in Michigan
When you’re buying or selling a home, you might hear about Fannie Mae, Freddie Mac, and Ginnie Mae. These names are important in the mortgage industry, but they can be confusing. Let’s learn who they are, their history, and what they do. Who are Fannie Mae, Freddie Mac, and Ginnie Mae? Fannie Mae, Freddie Mac,…
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