Waterford Mortgage Rates – Refinance And Purchase Loan Information
Waterford Mortgage Rates And Loan Programs
If you like spending time on Michigan Lakes, Waterford is the place to be! Whether you are looking to purchase a home or interested in refinancing your existing home, we at First commerce Financial, LLC are here to assist you every step of the way.
Why should you chose a mortgage broker for your home loan needs? We are a licensed Michigan Mortgage Broker with expert local knowledge and strive to educate you on your mortgage decisions to ensure that you are getting the best mortgage rates in Michigan available with the right loan programs.
Refinancing your Mortgage In Waterford, Michigan
Many of our clients in Waterford found their homes went underwater after the housing bust of 2007. If you still find yourself in that position and would to lower your mortgage payment, we have loan programs that can help you take advantage of current low mortgage rates. HARP 2.o and FHA Streamline Refinance programs are designed to help underwater borrowers save thousands off their mortgage with lower payments and shorter loan terms and it only takes a few minutes to see if you qualify!
Home values have been on the rise in Waterford in 2012. If you could not qualify for a refinance due to your home’s value before and were not eligible for HARP 2.0, you home may have gained enough equity to allow you to qualify. Michigan Mortgage Rates are at all time record lows, which means the potential savings on your mortgage payment and over the life of the loan could be enormous. It is worth taking the time to learn about your options and see what you could save by refinancing.
Mortgage Loan Information For Prospective Homebuyers In Waterford
If you are shopping for homes in Wateford, Michigan, we can help you find the best loan program to fit your needs. We have many qualified Realtors in our circle of influence that can help you find the home that fits your needs. Get Approved for a mortgage quick and easy so you know exactly what you can afford and start the home buying process out smoothly!
Waterford, Michigan has a population of 71,707 and a median household income of $55,008 according to a 2010 census. As you can see from the chart below, home prices have been improving dramatically of late making Waterford a popular choice to look for a home.