Michigan Mortgage Options...


 

    Conventional   FHA   Rural Housing   VA
                 
Minimum Down Payment   10%   3.5%   0%   0%
                 
Pre-Payment Penalty   No   No   No   No
                 
Fixed or Adjustable Rate (ARM)   Both Available   Both Available   Fixed   Both Available
                 
Private Mortgage Insurance (PMI)   Yes, With Down Payments Less Than 20%   Yes, Lower Than Conventional   No   No
                 
    ---> Apply Online <---   ---> Apply Online <---   ---> Apply Online <---   ---> Apply Online <---
                 
    Rates   Rates   Rates   Rates

 

     

 

 

 

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