The Best Mortgage Lenders in Flushing, MI
Compare verified mortgage lenders serving Flushing, Michigan. Find competitive rates on conventional, FHA, VA, and jumbo loans from experienced professionals.
Available Loan Programs in Flushing
Featured Mortgage Lenders
CrossCountry Mortgage
CrossCountry Mortgage, LLC
CrossCountry Mortgage is a highly-rated national lender with a strong local presence in Michigan, including service to Flushing residents. Founded in 2003, they have built a reputation for competitive rates, personalized service, and a wide range of loan products. Their local loan officers in the Troy office provide expert guidance, and they are known for efficient processing and high customer satisfaction, with numerous positive reviews highlighting their responsiveness and expertise in conventional, FHA, VA, and other loan types.
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Guaranteed Rate
Guaranteed Rate, Inc.
Guaranteed Rate is a top-tier digital mortgage lender with a significant footprint in Michigan, serving the Flushing area through local agents. Established in 2000, they offer innovative online tools, competitive rates, and a seamless borrowing experience. Their Ann Arbor office provides dedicated support for various loan options, and they are praised for their transparency, speed, and customer-centric approach, with a high volume of reviews commending their professionalism and loan flexibility.
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loanDepot
loanDepot, LLC
loanDepot is a leading online mortgage lender known for its extensive digital platform and competitive offerings, serving Flushing and all of Michigan. Founded in 2010, they specialize in a broad array of loan products with a focus on efficiency and customer service. Their streamlined process allows for quick approvals and closings, and they have accumulated substantial positive feedback for their user-friendly approach and reliable support, making them a popular choice for both first-time homebuyers and refinancers.
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Frequently Asked Questions
Common questions about mortgage lending in Flushing, MI
What are the current average mortgage rates for homebuyers in Flushing, MI?
Mortgage rates in Flushing typically align with national averages but can vary based on local lenders and market conditions. As of recent data, 30-year fixed rates generally range from 6.5% to 7.5%, though local credit unions like ELGA Credit Union often offer competitive rates. It's best to compare offers from multiple Flushing-area lenders to secure the best rate for your situation.
Are there any first-time homebuyer programs specifically available in Flushing?
Yes, Flushing homebuyers can access Michigan's statewide programs like MSHDA's Down Payment Assistance program, which offers up to $10,000 in assistance. Additionally, local lenders like Community State Bank often have first-time buyer programs with reduced fees or special terms. These programs are particularly valuable given Flushing's median home prices around $250,000-$300,000.
How does Flushing's property tax rate affect my mortgage payments?
Flushing has a property tax rate of approximately 35-40 mills, which translates to about 3.5-4.0% of your home's taxable value. This means on a $250,000 home, you'd pay around $3,500-$4,000 annually in property taxes, which will be included in your monthly mortgage escrow payment. Genesee County's assessment practices ensure taxes remain relatively stable compared to surrounding areas.
What types of homes typically qualify for USDA loans in Flushing?
While much of Flushing is considered suburban, certain outlying areas may qualify for USDA rural development loans, particularly properties north of the city toward Mt. Morris Township. These zero-down-payment loans can be ideal for moderate-income buyers purchasing single-family homes in eligible areas, making homeownership more accessible in Flushing's expanding neighborhoods.
How competitive is the mortgage pre-approval process in Flushing's housing market?
Flushing's housing market remains moderately competitive, so having a strong pre-approval from a local lender is crucial. Local banks like The State Bank often provide same-day pre-approvals that carry more weight with sellers than online lenders. Given the average 30-60 day market time for homes, being pre-approved with a reputable Flushing lender can give you a significant advantage.
Why Choose a Mortgage Lender in Flushing?
Local Market Knowledge
Lenders who understand Flushing'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 Flushing and get competitive rates on your home loan.