The Best Mortgage Lenders in Genesee, MI
Compare verified mortgage lenders serving Genesee, Michigan. Find competitive rates on conventional, FHA, VA, and jumbo loans from experienced professionals.
Available Loan Programs in Genesee
Featured Mortgage Lenders
Fairway Independent Mortgage Corporation
Fairway Independent Mortgage Corporation
Fairway Independent Mortgage Corporation is a top-rated lender with a strong local presence in Genesee County, particularly in Grand Blanc. Known for exceptional customer service and competitive rates, they have built a reputation for reliability and efficiency in processing mortgages. With over 28 years in business, they offer a wide range of loan products and are highly praised for their personalized approach, making them a trusted choice for homebuyers in the area. Their high rating and substantial review count reflect consistent customer satisfaction and community involvement.
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Movement Mortgage
Movement Mortgage, LLC
Movement Mortgage is a highly regarded lender with a dedicated branch in Flint, serving Genesee County with a focus on speed and transparency. Founded in 2008, they have earned a strong reputation for their streamlined processes and commitment to local communities. Customers frequently highlight their responsive service and competitive loan options, including specialized programs for first-time homebuyers. With a 4.8 rating and growing review base, Movement Mortgage is recognized for its reliability and customer-centric approach in the mortgage industry.
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New American Funding
New American Funding
New American Funding is a nationally recognized lender with a strong regional presence in Michigan, serving Genesee County from their Troy office. With over 21 years of experience, they are praised for their diverse loan offerings and efforts to support underserved communities. Their high customer ratings stem from attentive service, flexible solutions, and competitive rates. As a family-owned business, they emphasize building long-term relationships, making them a reliable option for borrowers in Genesee seeking a trustworthy and innovative mortgage provider.
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Frequently Asked Questions
Common questions about mortgage lending in Genesee, MI
What are the current mortgage rates like for homebuyers in Genesee, MI?
Mortgage rates in Genesee typically align with national averages but can be slightly lower due to Michigan's competitive lending market. As of recent trends, conventional 30-year fixed rates have been hovering in the mid-6% range, though this varies by lender and borrower qualifications. Local credit unions like ELGA Credit Union often offer competitive rates specifically for Genesee County residents.
Are there any first-time homebuyer programs specifically available in Genesee County?
Yes, the Michigan State Housing Development Authority (MSHDA) offers popular first-time homebuyer programs throughout Genesee County, providing down payment assistance and favorable loan terms. Additionally, the Genesee County Land Bank offers special programs for purchasing rehabilitated homes in Flint and surrounding areas. These programs can be particularly valuable given Genesee's affordable housing market.
How does Genesee County's property tax structure affect mortgage payments?
Genesee County property taxes are relatively moderate compared to other Michigan counties, typically ranging from 1.5% to 2.5% of assessed value depending on the specific municipality. When calculating your mortgage payment, lenders will factor in these taxes through your escrow account. It's important to note that tax rates can vary significantly between cities like Flint, Grand Blanc, and Fenton within the county.
What special considerations should I know about getting a mortgage for a home in Flint?
When purchasing in Flint, lenders may require additional inspections for older homes, particularly checking for plumbing and foundation issues common in the area's historic housing stock. Some lenders also have specific requirements for homes in certain neighborhoods, so working with a local mortgage broker familiar with Flint's unique market conditions is advisable. FHA loans are particularly common here due to the prevalence of older homes.
Are there any local down payment assistance programs unique to Genesee County?
Beyond state programs, Genesee County offers the "Welcome Home" program through the Genesee County Land Bank, which provides up to $7,500 in down payment assistance for qualified buyers. The Flint & Genesee Group also partners with local employers to offer workforce housing programs. These local initiatives complement MSHDA programs and can make homeownership more accessible in Genesee's affordable market.
Why Choose a Mortgage Lender in Genesee?
Local Market Knowledge
Lenders who understand Genesee'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 Genesee and get competitive rates on your home loan.