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Vassar, MI

The Best Mortgage Lenders in Vassar, MI

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

3
Top Lenders
4.8
Avg Rating
545+
Reviews
11
Loan Types

Available Loan Programs in Vassar

Conventional
FHA
VA
USDA
Jumbo
Construction
Refinance
First-time Homebuyer
Home Equity
Portfolio
Investment

Featured Mortgage Lenders

1

Tim M. Nelson

Frankenmuth Credit Union

★★★★☆
4.8/5

Frankenmuth Credit Union is one of Michigan's most respected financial institutions with deep roots in the Great Lakes Bay Region. While headquartered in Frankenmuth, they actively serve Vassar and surrounding Tuscola County with exceptional mortgage services. Their mortgage team, led by experienced professionals like Tim Nelson, receives consistently outstanding reviews for personalized service, competitive rates, and guiding borrowers through the entire home financing process. As a member-owned cooperative, they prioritize customer satisfaction over profits, offering comprehensive mortgage solutions with local underwriting decisions and community-focused service.

Experience:25 years
Reviews:185 customer reviews
135 Churchgrove Road, Frankenmuth, MI 48734

Loan Types:

ConventionalFHAVAUSDAJumboConstructionRefinance
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2

Mortgage Department

Horizon Bank

★★★★☆
4.7/5

Horizon Bank maintains a strong physical presence in Vassar with their local branch and has been serving Michigan communities for over a century. Their mortgage department specializes in serving rural and small-town markets throughout the Thumb region, offering tailored solutions for Vassar area homebuyers. They're particularly noted for their competitive first-time homebuyer programs and construction loans, with local decision-making that understands the unique aspects of the Vassar real estate market. Customers consistently praise their responsive service, transparent communication, and ability to close loans efficiently.

Experience:22 years
Reviews:142 customer reviews
101 N Main Street, Vassar, MI 48768

Loan Types:

ConventionalFHAVAUSDAFirst-time HomebuyerRefinanceHome Equity
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3

Brian K. Wilson

The Mortgage Company

★★★★☆
4.9/5

The Mortgage Company, based in nearby Saginaw, has built an exceptional reputation throughout Central Michigan including dedicated service to Vassar clients. As an independent mortgage broker, they offer access to multiple lenders and competitive wholesale rates that often beat traditional banks. Brian Wilson and his team are particularly praised for their expertise with complex financial situations and investment properties. With nearly three decades of experience, they've helped thousands of Michigan families secure financing, earning numerous industry awards and maintaining near-perfect customer satisfaction ratings for their personalized approach and extensive product selection.

Experience:28 years
Reviews:218 customer reviews
4896 Fashion Square Blvd, Saginaw, MI 48604

Loan Types:

ConventionalFHAVAUSDAJumboPortfolioInvestmentRefinance
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Frequently Asked Questions

Common questions about mortgage lending in Vassar, MI

What are the current mortgage rates like in Vassar, MI?

Mortgage rates in Vassar typically align with national averages, but local lenders may offer competitive rates for this rural market. As of recent trends, 30-year fixed rates have been hovering around 6.5-7%, but it's best to check with Vassar-area credit unions like Frankenmuth Credit Union or Independent Bank for their current offerings. Rates can vary based on credit score and loan type.

Are there any first-time homebuyer programs specific to Vassar?

Yes, the Michigan State Housing Development Authority (MSHDA) offers programs that Vassar residents can utilize, including down payment assistance and favorable loan terms. Additionally, local lenders like Signature Bank may have special first-time buyer programs with lower down payment requirements. These programs are particularly valuable in Vassar's affordable housing market.

How does Vassar's rural location affect mortgage lending requirements?

Vassar's rural character can work to your advantage with USDA loans, which offer 100% financing for eligible properties in designated rural areas. Many homes in and around Vassar qualify for these programs, which require no down payment and have flexible credit guidelines. This makes homeownership more accessible in our community.

What should I know about property taxes when getting a mortgage in Vassar?

Vassar property taxes are relatively moderate compared to larger Michigan cities, typically ranging from 1.2% to 1.5% of assessed value. Your mortgage lender will include these taxes in your monthly payment through an escrow account. It's important to factor in Tuscola County's tax rates when calculating your total housing payment.

Are there local mortgage lenders in Vassar that understand the unique market?

Yes, several local financial institutions serve the Vassar area including Signature Bank, Independent Bank, and Frankenmuth Credit Union, all of which have branches in or near Vassar. These lenders understand local property values, the seasonal economy, and can provide personalized service that national lenders may not offer for our specific market conditions.

Nearby Cities

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Why Choose a Mortgage Lender in Vassar?

Local Market Knowledge

Lenders who understand Vassar'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 Vassar and get competitive rates on your home loan.