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Your Grand Rapids
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 Grand Rapids? You're going to need a home loan, or mortgage, to do that. Mortgage rates differ throughout the country; our Grand Rapids mortgage lenders strive to provide the best mortgage rates available in the Grand Rapids 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 Grand Rapids 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 Grand Rapids lenders that will compete to provide a loan at the lowest rate, matching you with nearly 62 Grand Rapids 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 Grand Rapids mortgage payment was $976 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 Grand Rapids home.
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Grand Rapids Mortgage Lenders
Grand Rapids is a major city in Michigan with no shortage of reputable mortgage lending institutions. These include financial houses working with us such as:
Guild Mortgage Company.Homeloan Usa Corporation.Countrywide Home Loans Inc.First Magnus Financial Corp.Pinnacle Lending Group LLC..Wells Fargo Bank Na.Allied Home Mortgage Capital Corporation.Family First Mortgage Corp.Franklin Bank Ssb.Gmac Mortgage.
Grand Rapids Mortgage & Real Estate Market
In 2006 Grand Rapids housing sales were at an all time high; down recently but leveling off. As of 2005, the median home value in Grand Rapids was $121,100. This number is big in comparison to the median home value back in 2000 of $91,400. Grand Rapids has a solid home ownership base with 80,417 houses and apartments and 58% of those are occupied by their owners. Despite the current market, historically Grand Rapids has been a city where people move, buy and stay - with 56% of homeowners currently paying off a mortgage. About 14% 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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Grand Rapids, MI Real Estate Market View
updated Saturday, May 17, 2008
| Housing |
Grand Rapids, MI |
United States |
| Home Appreciation |
2.20% |
9.80%
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| Median Home Cost |
$130,300 |
$217,200
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| Homes Rented |
37.88% |
21.45%
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| Homes Owned |
56.10% |
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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Grand Rapids Mortgage Statistics
| Category |
Value |
| Homes With No Mortgage |
30% |
| Second Mortgage Only |
5% |
| Home Equity Loan Only |
9% |
| First Mortgage Only |
56% |
| 2nd Mortgage or Home Equity |
14% |
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Additional Grand Rapids Lenders
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Guild Mortgage Company
2828 Kraft Ave Se
Grand Rapids, MI 49512
(616)-942-9935
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Homeloan Usa Corporation
3737 Lake Eastbrook Suite-107
Grand Rapids, MI 49541
(616)-301-1417
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Countrywide Home Loans Inc
3777 Sparks Drive Se 115
Grand Rapids, MI 49546
(616)-977-9700
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First Magnus Financial Corp
4024 Park East Ct Se Ste A
Grand Rapids, MI 49546
(616)-464-1340
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Pinnacle Lending Group LLC.
1960 28th Street SE Suite C
Grand Rapids, MI 49508
800-997-4662 Ext. 108
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Wells Fargo Bank Na
2950 Broadmoor S.e.
Grand Rapids, MI 49512
(616)-575-6000
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Allied Home Mortgage Capital Corporation
2650 E Beltline Ave Se
Grand Rapids, MI 49546
(616)-464-2214
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Family First Mortgage Corp
2920 Fuller Avenue Suite 101-a
Grand Rapids, MI 49505
(616)-363-0585
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Franklin Bank Ssb
2828 Kraft Ave Se Ste 152
Grand Rapids, MI 49512
(616)-464-4400
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Gmac Mortgage
2252 28th Street, Se
Grand Rapids, MI 49508
(616)-241-4622
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Grand Rapids Real Estate Agents
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Keller Williams Realty
630 Kenmoor Ave. S.E. Suite 101
Grand Rapids, MI 49546
(616)-901-7774
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Keller Williams of Grand Rapids
630 Kenmoor SE Suite 101
Grand Rapids, MI 49546
(616)-464-1735
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Keller Williams
630 Kenmore SE
Suite 101
Grand Rapids, MI 49546
(616)-575-7858
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Andrew Ingram/Residential Specialist
4950 Plainfield Ave. NE
Grand Rapids, MI 49525
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0.035%
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Common Sense