Michigan FHA Mortgage Loan - only 3.50% Downpayment

Michigan FHA Mortgage Loans

Michigan FHA mortgage home ownership rates are low and FHA loans only require 3.50% downpayment. FHA has helped Americans receive the financial independence that comes with owning a Michigan FHA home. FHA has created reasonable mortgage rates for the lower and middle class families, financing military housing, and producing housing for the elderly.

Michigan FHA borrowers are interested in home improvement loans or rehab loans, and there are multiple options for borrowers. There is a FHA 203(k) Rehabilitation Loan program. The FHA’s Title I loan program insures loans to finance rehabilitation of properties, as well as the construction of nonresidential buildings on the property. It is intended for “light or moderate” repairs/rehab. Title I loans feature terms up to 20 years on either single- or multifamily properties. The maximum loan amount is “$25,000 for improving a single-family home or for improving or building a nonresidential structure.”

If you are a Michigan first-time home buyer or have bought a home before and have less than perfect credit you have come to the right place. Inter-Lake Mortgage Company, LLC our FHA Home Loan Specialists will take you through the loan process step-by-step.

Inter-Lake Mortgage Company, LLC of Michigan provides fast mortgage approvals with our online Application. Your Application will be placed in top priority and receive immediate attention.
Mortgage Loan Information
Loan Amount	Estimated Property Value	Sales Price

Loan Program	Purpose of the loan	Property Type

Property Address	City	State

Zip Code	County	Down Payment Amount

Borrowers Information
Borrower's First Name	Middle Name	Last Name

Current Address	Current City	State

Zip Code

Date of Birth	Martial Status	Years of School

Home Phone No. #	Cell Phone No. #	Email


Co-Borrower's First Name	Middle Name	Last Name

Date of Birth	Martial Status	Years of School

Employment Information
Borrower Current Employer	Position	Years Current Job

Gross Monthly Income	Years in Profession	Work No. #


Co-Borrower Current Employer	Position	Years Current Job

Gross Monthly Income	Years in Profession	Work No. #

Credit Information
Borrower's Credit Rating	Co-Borrower's Credit Rating	Current Lender

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