Michigan Mortgage Solutions
Michigan, the 26th state to join the Union, is known for its amazing coastline -- and it doesn't hurt that the state is bordered by four of the five Great Lakes. Michigan's cast coastline makes it an amazing place for boating and fishing, and a great place to buy a house. So, if you're thinking about purchasing a home in The Great Lake State, our team of local home loan specialists is ready to help you learn everything you need to know about the home purchase process in Michigan.
As of 2018, Michigan's median home listing price of $160,000 is $100,000 lower than the U.S. median listing price of $261,500 -- which means it could be a great time to buy a home in the state.
While the average home price in Michigan is substantially lower than the national median, that doesn't mean that everywhere in the state is inexpensive. For example, in Franklin, the median home value is $581,367. In Bloomfield Hills, the median home listing price is $599,000, more than three times the statewide median. In comparison, less expensive Michigan cities include Southfield, with a median home listing price of $139,900, and Lansing, with a median home listing price of $79,999.
At home.loans, our sole focus is to help educate you about every aspect of the home purchase process. Whether you want to buy a home for the first time, refinance, get a Jumbo or conventional home loan, a USDA or VA loan, a home equity loan, or even buy a home on a short sale, we have the expertise to help you learn everything you need to know about buying a home in Michigan.