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Michigan Mortgage Refinance
 Michigan mortgage lenders offer competitive refinance loans for FHA refinancing and second mortgage financing to 100%. Michigan homeowners have shifted their financing patterns towards fixed rate mortgage loans. Hundreds of thousands of Great Lake consumers are suffering from payments increases caused by their interest rate adjusting. FHA lenders in Michigan offer 95% cash out refinancing loans and 97% with rate and term refinancing.
- 90 - 103% CLTV Refinancing
- Cash Out Refinancing with FHA Loans
- Fixed Rate Home Equity Loans
- 100% Home Financing with VA
- 2nd Mortgage Refinancing to 125%
- Non Conforming Home loans
- Hard Money Loans for Foreclosure Prevention
Nationwide Mortgage Loans is pleased to extend our "No Point" offer for fixed rate 1st or 2nd mortgage refinance transactions for all loan amounts over $250,000 to Michigan homeowners in 2007. Ask your local loan officer about loan special specifics.
Michigan FHA Mortgage Refinance Loan Limits
MSA Name |
County Name |
State |
One-Family |
Two-Family |
Three-Family |
Four-Family |
CADILLAC, |
WEXFORD |
MI |
$271,050 |
$347,000 |
$419,400 |
$521,250 |
SOUTH BEND-MISHAWAKA |
CASS |
MI |
$271,050 |
$347,000 |
$419,400 |
$521,250 |
GRAND RAPIDS-WYOMING |
KENT |
MI |
$271,050 |
$347,000 |
$419,400 |
$521,250 |
GRAND RAPIDS-WYOMING |
BARRY |
MI |
$271,050 |
$347,000 |
$419,400 |
$521,250 |
GRAND RAPIDS-WYOMING |
IONIA |
MI |
$271,050 |
$347,000 |
$419,400 |
$521,250 |
GRAND RAPIDS-WYOMING |
NEWAYGO |
MI |
$271,050 |
$347,000 |
$419,400 |
$521,250 |
SAGINAW-SAGINAW TOWNSHIP NORTH |
SAGINAW |
MI |
$271,050 |
$347,000 |
$419,400 |
$521,250 |
ESCANABA |
DELTA |
MI |
$271,050 |
$347,000 |
$419,400 |
$521,250 |
ADRIAN |
LENAWEE |
MI |
$297,500 |
$380,850 |
$460,350 |
$572,100 |
SAULT STE. MARIE |
CHIPPEWA |
MI |
$271,050 |
$347,000 |
$419,400 |
$521,250 |
COLDWATER |
BRANCH |
MI |
$271,050 |
$347,000 |
$419,400 |
$521,250 |
MOUNT PLEASANT |
ISABELLA |
MI |
$271,050 |
$347,000 |
$419,400 |
$521,250 |
NILES-BENTON |
BERRIEN |
MI |
$298,750 |
$382,450 |
$462,300 |
$574,500 |
TRAVERSE CITY |
BENZIE |
MI |
$271,050 |
$347,000 |
$419,400 |
$521,250 |
BIG RAPIDS |
MECOSTA |
MI |
$271,050 |
$347,000 |
$419,400 |
$521,250 |
MARQUETTE |
MARQUETTE |
MI |
$271,050 |
$347,000 |
$419,400 |
$521,250 |
DETROIT-LIVONIA-DEARBORN |
WAYNE |
MI |
$297,500 |
$380,850 |
$460,350 |
$572,100 |
WARREN-TROY-FARMINGTON HILLS |
MACOMB |
MI |
$297,500 |
$380,850 |
$460,350 |
$572,100 |
WARREN-TROY-FARMINGTON HILLS |
ST. CLAIR |
MI |
$297,500 |
$380,850 |
$460,350 |
$572,100 |
WARREN-TROY-FARMINGTON HILLS |
LIVINGSTON |
MI |
$297,500 |
$380,850 |
$460,350 |
$572,100 |
KALAMAZOO- |
VAN BUREN |
MI |
$286,250 |
$366,450 |
$442,950 |
$550,450 |
ALLEGAN |
ALLEGAN |
MI |
$271,050 |
$347,000 |
$419,400 |
$521,250 |
IRON MOUNTAIN |
DICKINSON |
MI |
$271,050 |
$347,000 |
$419,400 |
$521,250 |
FLINT , MI |
GENESEE |
MI |
$271,050 |
$347,000 |
$419,400 |
$521,250 |
OWOSSO |
SHIAWASSEE |
MI |
$271,050 |
$347,000 |
$419,400 |
$521,250 |
NON-METRO |
IRON |
MI |
$271,050 |
$347,000 |
$419,400 |
$521,250 |
NON-METRO |
LAKE |
MI |
$271,050 |
$347,000 |
$419,400 |
$521,250 |
Local Underwriting Tips from the Michigan Mortgage Pros: |
Local Tips From The Underwriting Mortgage Pros: When calculating your rental income for your loan application, most banks will only credit you with 75% of the rent check you receive, because they factor in a 25% vacancy factor. - T. Jefferson, Michigan Mortgage Lender at GMAC Lending |
Mortgage Loan Updates for Michigan Homeowners |
>> Fixed Rate Second Mortgages for Michigan Homeowners Lock into great Second Mortgage Loan. Get a fixed interest rate with fixed monthly payments. Borrowers from Saginaw to Lansing believe that property values will rebound once the economic hardships for lost jobs work themselves out.
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Loan Comparison Calculator
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