The Best Mortgage Lenders in Saint Johns, MI
Compare verified mortgage lenders serving Saint Johns, Michigan. Find competitive rates on conventional, FHA, VA, and jumbo loans from experienced professionals.
Available Loan Programs in Saint Johns
Featured Mortgage Lenders
MSU Federal Credit Union
MSU Federal Credit Union
MSU Federal Credit Union is one of mid-Michigan's most trusted mortgage lenders with an exceptional reputation for customer service and competitive rates. Serving the entire Clinton County area including Saint Johns, they offer personalized mortgage solutions with local decision-making. Their mortgage specialists provide comprehensive guidance through the entire home buying process, and they consistently receive top ratings for their responsive service, transparent communication, and community-focused approach.
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Great Lakes Mortgage Solutions
Great Lakes Mortgage Solutions
Great Lakes Mortgage Solutions is a highly-rated mortgage brokerage serving the Saint Johns and greater Lansing area with exceptional customer satisfaction ratings. They specialize in finding the best mortgage products from multiple lenders, offering borrowers more options and competitive rates. Their team of experienced mortgage professionals is known for their personalized service, thorough guidance through complex mortgage scenarios, and ability to close loans efficiently. They have built a strong reputation for making the mortgage process straightforward and stress-free.
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Quicken Loans
Quicken Loans/Rocket Mortgage
As America's largest mortgage lender and headquartered in Michigan, Quicken Loans/Rocket Mortgage provides extensive service to Saint Johns and throughout Michigan. Their digital-first approach combined with local mortgage expertise offers borrowers a streamlined, efficient process with competitive rates. They excel in providing quick pre-approvals, transparent pricing, and exceptional customer service. Their strong presence in Michigan ensures they understand local market conditions and can provide tailored solutions for mid-Michigan homebuyers.
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Frequently Asked Questions
Common questions about mortgage lending in Saint Johns, MI
What are the current mortgage rates like in Saint Johns, MI?
Mortgage rates in Saint Johns are generally competitive with national averages, but local lenders may offer slight variations. As of recent trends, 30-year fixed rates typically range from 6.5% to 7.25%, depending on credit score and loan type. It's recommended to compare offers from both local credit unions like CASE Credit Union and national lenders for the best rate.
Are there any first-time homebuyer programs specific to Saint Johns?
Yes, the Michigan State Housing Development Authority (MSHDA) offers down payment assistance programs that are accessible to Saint Johns homebuyers. These programs can provide up to $10,000 in down payment assistance with a 0% interest rate. Additionally, some local lenders may offer special first-time buyer programs with reduced closing costs.
How does Saint Johns' rural location affect mortgage lending options?
Saint Johns' designation as a rural area makes some buyers eligible for USDA loans, which offer 100% financing with no down payment required. This can be particularly advantageous for first-time buyers or those with limited savings. The city's location in Clinton County also qualifies it for certain rural development programs that aren't available in urban areas.
What should I know about property taxes when getting a mortgage in Saint Johns?
Saint Johns property taxes are relatively moderate compared to larger Michigan cities, typically ranging from 1.2% to 1.5% of home value. When calculating your mortgage payment, lenders will include these taxes in your escrow account. Clinton County's stable tax base helps maintain predictable tax rates, which is beneficial for long-term budgeting.
Are there any local incentives for buying historic homes in Saint Johns?
While Saint Johns doesn't have a formal historic preservation district, some older homes in the city may qualify for rehabilitation loans through MSHDA or FHA 203(k) programs. These loans can finance both purchase and renovation costs, which is valuable given the city's inventory of charming older homes. Local lenders familiar with Saint Johns' housing stock can guide you through these options.
Why Choose a Mortgage Lender in Saint Johns?
Local Market Knowledge
Lenders who understand Saint Johns'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 Saint Johns and get competitive rates on your home loan.