The Best Mortgage Lenders in Fowlerville, MI
Compare verified mortgage lenders serving Fowlerville, Michigan. Find competitive rates on conventional, FHA, VA, and jumbo loans from experienced professionals.
Available Loan Programs in Fowlerville
Featured Mortgage Lenders
Guaranteed Rate
Guaranteed Rate, Inc.
Guaranteed Rate is a top-rated national mortgage lender with a strong presence in Michigan, known for its competitive rates and efficient online platform. They excel in customer service with high satisfaction ratings, offering a wide range of loan products including specialized options for first-time homebuyers. Their local loan officers serve Fowlerville and surrounding areas, providing personalized support throughout the mortgage process.
Loan Types:
Movement Mortgage
Movement Mortgage, LLC
Movement Mortgage is highly regarded for its fast closings and community-focused approach, with numerous positive reviews for its responsive customer service. They offer a variety of loan programs and have a dedicated team serving Livingston County, including Fowlerville. Their commitment to transparency and local involvement makes them a trusted choice for homebuyers in the region.
Loan Types:
New American Funding
New American Funding, LLC
New American Funding provides comprehensive mortgage solutions with a focus on accessibility and customer satisfaction, including programs for diverse borrowers. They have a strong regional presence in Michigan and are praised for their educational resources and supportive loan officers. Serving Fowlerville and nearby areas, they combine competitive rates with reliable service, making them a top contender for home financing.
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Frequently Asked Questions
Common questions about mortgage lending in Fowlerville, MI
What are the current mortgage rates like for homes in Fowlerville, MI?
Mortgage rates in Fowlerville typically align with national averages but can vary based on local market conditions. Currently, rates for 30-year fixed mortgages in Livingston County range from 6.5% to 7.25% depending on credit score and loan type. It's wise to compare rates from local lenders like Independent Bank or Flagstar Bank who understand Fowlerville's specific market dynamics.
Are there any first-time homebuyer programs specifically for Fowlerville residents?
Yes, Fowlerville homebuyers can access Michigan's MI Home Loan program, which offers competitive rates and down payment assistance. Additionally, the Livingston County Community Development program provides down payment assistance up to $10,000 for income-qualified buyers purchasing in Fowlerville. These programs are particularly valuable given Fowlerville's median home prices being more affordable than nearby urban areas.
How does Fowlerville's rural location affect mortgage lending requirements?
Fowlerville's rural character can work to your advantage with USDA loans, which offer 100% financing for qualified buyers in designated rural areas. However, some lenders may require additional property inspections for homes with wells and septic systems, which are common in the area. It's important to work with lenders experienced with Fowlerville's mix of rural and suburban properties.
What should I know about property taxes when getting a mortgage in Fowlerville?
Fowlerville property taxes in Livingston County typically range from 1.2% to 1.5% of the home's taxable value. When calculating your mortgage payment, remember that taxes for homes in Fowlerville's village limits may differ slightly from township rates. Your lender will help estimate these costs, but you can verify exact rates with the Livingston County Treasurer's office.
Are there special considerations for buying older historic homes in Fowlerville's downtown area?
Yes, purchasing historic properties in Fowlerville's downtown may require specialized financing considerations. Some lenders may have stricter requirements for older homes, particularly regarding required repairs and appraisals. However, Michigan's Historic Preservation Tax Credits and renovation loans like the FHA 203(k) can help finance both purchase and restoration of Fowlerville's charming historic properties.
Why Choose a Mortgage Lender in Fowlerville?
Local Market Knowledge
Lenders who understand Fowlerville'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 Fowlerville and get competitive rates on your home loan.