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Your Dearborn
Lender and Mortgage Resource
| Why Mortgage Lenders Plus? |
| Certified lenders compete for your loan and you compare and choose from multiple offers online! |
Trained consultants are available to assist you whenever you need them. Apply Today |
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Would you like to buy or refinance a home in Dearborn? You're going to need a home loan, or mortgage, to do that. Mortgage rates differ throughout the country; our Dearborn mortgage lenders strive to provide the best mortgage rates available in the Dearborn area. Back to Michigan Mortgage
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Search and Compare Mortgage Rates
The next step is hunting down the best mortgage for that Dearborn home for purchasing or refinancing. An excellent starting point is here: simply give us an idea of the type of loan you want. You will receive bids from multiple Dearborn lenders that will compete to provide a loan at the lowest rate, matching you with nearly 12 Dearborn mortgage lenders. Your mortgage may be for a new home, refinancing or perhaps a home equity loan - in any case, the best way to start is to see what everybody offers.
How much of a Mortgage?
Mortgage affordability is important to the bank, but crucial for you. As of 2005, the average Dearborn mortgage payment was $1,323 which will give you an idea of what you can expect even with historically low rates. Our mortgage calculator will help you plug in the critical components so that you can determine how large a home loan is reasonable for your Dearborn home.
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Dearborn Mortgage Lenders
Dearborn is a major city in Michigan with no shortage of reputable mortgage lending institutions. These include financial houses working with us such as:
H And R Block Mortgage Corporation.Ark- La- Tex Financial Services llc.Global Mortgage Inc.First Pacific Mortgage Inc.Primary Residential Mortgage Inc.Family First Mortgage Corp.Bridge Capital Corporation.Community Bank- Of- Dearborn.Republic Bank.Colony Mortgage Corporation.
Dearborn Mortgage & Real Estate Market
In 2006 Dearborn housing sales were at an all time high; down recently but leveling off. As of 2005, the median home value in Dearborn was $160,200. This number is big in comparison to the median home value back in 2000 of $129,300. Dearborn has a solid home ownership base with 37,966 houses and apartments and 67% of those are occupied by their owners. Despite the current market, historically Dearborn has been a city where people move, buy and stay - with 50% of homeowners currently paying off a mortgage. About 12% of the city's current homeowners are carrying a second mortgage or home equity loan.
| Cranbrook Loans |
41800 Hayes rd
Clinton Twp, MI
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Phone: 586-649-2286
Ask for: Azar Robert
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| Special Mortgage Programs |
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Cranbrook Mortgage Corporation is a Better Business Bureau listed company with twelve years experience. Call Toll Free at 877-LOAN-993 Ext: 2286. We offer debt consolidation refinance, rate reduction loans and Government insured loans including FHA Secure. We also refinance manufactured homes with no maximum acreage limit to qualifying applicants.
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Dearborn, MI Real Estate Market View
updated Friday, May 16, 2008
| Housing |
Dearborn, MI |
United States |
| Home Appreciation |
-0.40% |
9.80%
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| Median Home Cost |
$172,800 |
$217,200
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| Homes Rented |
25.09% |
21.45%
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| Homes Owned |
69.12% |
64.07%
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Popular Cities and Towns
| Location |
Population |
Median Family Income (2005) |
| Ann Arbor |
114,024 |
$46,299 |
| Canton |
76,366 |
$72,495 |
| Dearborn |
97,775 |
$44,560 |
| Detroit |
951,270 |
$29,526 |
| Farmington Hills |
82,111 |
$67,493 |
| Flint |
124,943 |
$28,015 |
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Dearborn Mortgage Statistics
| Category |
Value |
| First Mortgage Only |
50% |
| Home Equity Loan Only |
9% |
| Homes With No Mortgage |
38% |
| 2nd Mortgage or Home Equity |
12% |
| Second Mortgage Only |
4% |
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Additional Dearborn Lenders
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H And R Block Mortgage Corporation
23400 Michigan Ave
Dearborn, MI 48124
(877)-776-8701
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Ark- La- Tex Financial Services llc
13750 Michigan Ave
Dearborn, MI 48126
(214)-420-2700
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Global Mortgage Inc
3319 Greenfield Road Suite-221
Dearborn, MI 48120
(313)-584-4800
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First Pacific Mortgage Inc
13939 Michigan Avenue Suite-d
Dearborn, MI 48126
(313)-945-8800
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Primary Residential Mortgage Inc
6271 Schaefer Rd Ste 12c
Dearborn, MI 48126
(313)-457-0100
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Family First Mortgage Corp
5431 Schaefer Rd
Dearborn, MI 48126
(313)-581-7575
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Bridge Capital Corporation
14628 West Warren Suite-2
Dearborn, MI 48126
(313)-581-0000
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Community Bank- Of- Dearborn
22290 Michigan Ave
Dearborn, MI 48310
(313)-274-1000
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Republic Bank
1022 North Telegraph
Dearborn, MI 48128
(313)-724-0000
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Colony Mortgage Corporation
4917 Schaefer Rd
Dearborn, MI 48126
(313)-582-1158
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Dearborn Real Estate Agents
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Real Estate One
23756 Michigan Ave.
Ste. 100
Dearborn, MI 48124
(313)-565-3200
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Re/maxTeam 2000
22823 michigan ave.
dearborn, MI 48124
(313)-561-0900
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0.035%
0.011%
Common Sense