SSL Secured
Privacy Protected
Licensed & Regulated
MortgageLenderNearMe
Benzonia, MI

The Best Mortgage Lenders in Benzonia, MI

Compare verified mortgage lenders serving Benzonia, Michigan. Find competitive rates on conventional, FHA, VA, and jumbo loans from experienced professionals.

3
Top Lenders
4.8
Avg Rating
801+
Reviews
9
Loan Types

Available Loan Programs in Benzonia

Conventional
FHA
VA
USDA
Jumbo
Construction
Refinance
First-time Homebuyer
HELOC

Featured Mortgage Lenders

1

Honor Credit Union Mortgage Department

Honor Credit Union

★★★★☆
4.8/5

Honor Credit Union stands out as one of northern Michigan's most trusted mortgage lenders with deep roots in the Benzie County community. While headquartered further north, they maintain a strong presence throughout the region with multiple branches serving Benzonia residents. Their exceptional 4.8 rating reflects consistently excellent service for both first-time homebuyers and experienced investors. They offer competitive rates and personalized guidance through the entire mortgage process, with specialized expertise in rural properties common in the Benzonia area. Their long history and community-focused approach make them a top choice for local mortgage needs.

Experience:85 years
Reviews:285 customer reviews
6022 Frankfort Hwy, Elberta, MI 49628

Loan Types:

ConventionalFHAVAUSDAJumboConstructionRefinance
Visit Website
2

Kristy L. Cole

Great Lakes Mortgage Solutions

★★★★☆
4.9/5

Great Lakes Mortgage Solutions, led by experienced loan officer Kristy Cole, has built an outstanding reputation throughout the Grand Traverse region including Benzonia. With nearly two decades of experience and a remarkable 4.9 rating, they specialize in navigating the unique aspects of northern Michigan real estate. Their personalized approach and deep knowledge of local market conditions make them particularly valuable for Benzonia homebuyers. They excel at finding the right loan products for each client's situation and are known for their responsive communication and smooth closing processes.

Experience:18 years
Reviews:127 customer reviews
1221 S Garfield Ave, Traverse City, MI 49686

Loan Types:

ConventionalFHAVAUSDAFirst-time HomebuyerRefinance
Visit Website
3

Huntington Bank Mortgage Services

Huntington National Bank

★★★★☆
4.7/5

Huntington Bank maintains a physical branch in Beulah, just minutes from Benzonia, providing convenient local access combined with the resources of a major regional bank. Their 4.7 rating demonstrates consistent customer satisfaction across their mortgage services. They offer particularly competitive rates and a wide variety of loan products suitable for the Benzonia market, including options for vacation properties and rural homes. Their long-standing presence in Michigan and understanding of local real estate trends make them a reliable choice for mortgage financing in the Benzie County area.

Experience:157 years
Reviews:389 customer reviews
13256 U.S. 31, Beulah, MI 49617

Loan Types:

ConventionalFHAVAJumboHELOCConstructionRefinance
Visit Website

Frequently Asked Questions

Common questions about mortgage lending in Benzonia, MI

What are current mortgage rates like in Benzonia, MI compared to state averages?

Mortgage rates in Benzonia typically align with Michigan state averages, though rural areas sometimes see slightly higher rates due to smaller lender competition. As of late 2024, rates for 30-year fixed mortgages in Benzonia generally range between 6.5-7.25%, but working with local lenders familiar with Benzie County can sometimes secure more competitive terms.

Are there any special mortgage programs for first-time homebuyers in Benzonia?

Yes, Benzonia homebuyers can access Michigan State Housing Development Authority (MSHDA) programs offering down payment assistance and competitive rates. Additionally, some local lenders in Benzie County offer special programs for first-time buyers purchasing in the Benzonia area, particularly for properties that need minor renovations.

How does Benzonia's seasonal economy affect mortgage qualification?

Benzonia's tourism-driven seasonal economy can impact mortgage approval for hospitality and service industry workers. Lenders typically require two years of consistent seasonal employment history and may average your income across all months. Self-employed individuals should have thorough documentation showing stable year-over-year earnings.

What unique property considerations affect mortgages in Benzonia?

Many Benzonia properties are older homes, vacation properties, or near Crystal Lake, which can require specialized appraisals and inspections. Lenders may require additional assessments for waterfront properties, and older homes might need specific insurance coverage that could affect your overall housing payment calculation.

Are there local down payment assistance programs specific to Benzonia homebuyers?

While Benzonia itself doesn't have city-specific programs, Benzie County offers some local assistance options, and many buyers qualify for MSHDA's down payment assistance programs. Some local credit unions also offer special first-time homebuyer grants specifically for residents purchasing in Benzie County communities like Benzonia.

Nearby Cities

Explore mortgage lenders in cities near Benzonia, MI

Why Choose a Mortgage Lender in Benzonia?

Local Market Knowledge

Lenders who understand Benzonia's housing market can offer better guidance and competitive rates.

Multiple Loan Options

Access to conventional, FHA, VA, USDA, and jumbo loans tailored to your financial situation.

Proven Track Record

Work with lenders who have years of experience and hundreds of satisfied customers in Michigan.

Ready to Find Your Perfect Mortgage Lender?

Connect with top-rated mortgage professionals in Benzonia and get competitive rates on your home loan.