Mortgage Loan Options
Tailored Home Loan Strategies for Grand Rapids & Michigan Homeowners
From first-time buyer MSHDA grants to investor DSCR cash flow loans, we offer a wide variety of traditional and unique mortgage programs designed to fit your individual goals.
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Find Your Perfect Loan Match
Answer a few quick questions and we'll show you which programs fit your needs best.
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Explore Our Loan Programs
Browse our comprehensive lineup of Michigan residential loan programs, government grants, and custom portfolio solutions.
CONVENTIONAL
Competitive rates for strong credit scores and steady income, with down payments as low as 3%.
- Down payment options as low as 3%
- Cancelable private mortgage insurance (PMI)
- Fixed-rate and adjustable terms available
MSHDA & DPA
Michigan State Housing Development Authority assistance providing up to $10,000 for down payment & closing costs.
- Up to $10,000 in 0% interest DPA
- Pairs with Conventional & FHA loans
- Available across all 83 Michigan counties
FHA FINANCING
Flexible credit guidelines and low 3.5% down payment backed by the Federal Housing Administration.
- Down payment as low as 3.5%
- Credit scores starting at 580
- Higher debt-to-income ratios permitted
VA (0% DOWN)
Exclusive zero-down mortgage for Veterans, Active Duty military, and eligible surviving spouses.
- 0% down payment required
- No monthly mortgage insurance (PMI)
- Competitive interest rates and terms
USDA RURAL (0% DOWN)
100% zero-down financing for eligible suburban and rural Michigan communities.
- 0% down payment required
- Low monthly mortgage guarantee fee
- Covers many Michigan suburban communities
100% FINANCING / ZERO DOWN
Tailored zero-down solutions for eligible primary residence buyers in Michigan.
- VA and USDA zero-down options
- DPA grants and second mortgages
- Keep your cash reserves intact
DSCR / INVESTOR CASH FLOW
Qualify based on rental property cash flow rather than personal tax returns or employment history.
- No personal income or tax returns required
- Qualify using lease agreement or market rent
- Scale your real estate portfolio faster
BANK STATEMENT LOANS
Designed for self-employed business owners, 1099 contractors, and independent entrepreneurs.
- 12 to 24 months business or personal statements
- No tax returns or W-2s required
- High loan amounts up to $3M+
MANUFACTURED HOMES
Affordable financing for real-property manufactured and modular homes permanently affixed to land.
- FHA, VA, and Conventional financing
- Fixed-rate terms up to 30 years
- Purchase and cash-out refinance
JUMBO MORTGAGES
Luxury and high-balance home financing exceeding standard conforming loan limits.
- Loan amounts up to $3,000,000+
- Competitive rates for qualified buyers
- Primary, secondary, and investment homes
INVESTMENT PROPERTIES
1-4 unit residential financing for long-term rentals, flips, and wealth building.
- Conventional and portfolio investor loans
- Competitive interest rates for investors
- Multi-property financing flexibility
REFINANCE & CONSOLIDATION
Lower your monthly payment, adjust loan terms, or tap equity to wipe out high-interest credit debt.
- Rate & term reduction refinances
- Cash-out equity access
- Eliminate credit card debt & remodel
PORTFOLIO & UNIQUE SOLUTIONS
Creative financing for borrowers who may not fit neatly into traditional lending boxes.
- Asset depletion and 1099 programs
- Recent credit event second chances
- Tailored loan structuring
RENOVATION LOANS
Finance both the home purchase and renovation updates with a single monthly mortgage payment.
- Based on the future after-improved value
- Combine purchase and repair costs
- Ideal for fixer-uppers in tight markets
CONDO FINANCING
Specialized solutions for purchasing warrantable and non-warrantable condominiums.
- Warrantable and portfolio condo loans
- Primary, second home, or investment
- Low-maintenance lifestyle options
BRIDGE LOANS
Short-term financing that lets you buy your next home before selling your current one.
- Tap current equity for the new down payment
- Make strong contingency-free offers
- Pay off the loan once your current home sells
Compare Loan Programs
Select up to 3 loan programs to compare their key features side-by-side.
| Features | Conventional | FHA | VA |
|---|---|---|---|
| Min. Down Payment | As low as 3% | As low as 3.5% | 0% in most cases |
| Min. Credit Score | 620+ | 580+ | Flexible (typically 580+) |
| Mortgage Insurance | Required if < 20% down | Upfront & Annual required | None (One-time funding fee) |
| Eligible Properties | Primary, Second Home, Investment | Primary Residence only (1-4 units) | Primary Residence only |
| Loan Limits | Up to local conforming limits | Varies by county | No set limits for full entitlement |
| Best For | Good credit and moderate down payment | First-time buyers, lower credit scores | Veterans and active military |
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