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Your Southfield
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 Southfield? You're going to need a home loan, or mortgage, to do that. Mortgage rates differ throughout the country; our Southfield mortgage lenders strive to provide the best mortgage rates available in the Southfield 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 Southfield 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 Southfield lenders that will compete to provide a loan at the lowest rate, matching you with nearly 52 Southfield 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 Southfield mortgage payment was $1,657 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 Southfield home.
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Southfield Mortgage Lenders
Southfield is a major city in Michigan with no shortage of reputable mortgage lending institutions. These include financial houses working with us such as:
Mortgage Lending.Ctx Mortgage Company llc.Sunset Mortgage Company Lp.American Equity Mortgage Inc.Ameriquest Mortgage Company.Assurafirst Financial Company.Mortgagetree Lending.Bnc Mortgage Inc.Family First Mortgage Corp.Countrywide Home Loans Inc.
Southfield Mortgage & Real Estate Market
In 2006 Southfield housing sales were at an all time high; down recently but leveling off. As of 2005, the median home value in Southfield was $193,300. This number is big in comparison to the median home value back in 2000 of $155,400. Southfield has a solid home ownership base with 37,049 houses and apartments and 51% of those are occupied by their owners. Despite the current market, historically Southfield has been a city where people move, buy and stay - with 63% of homeowners currently paying off a mortgage. About 17% 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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Southfield, MI Real Estate Market View
updated Friday, May 16, 2008
| Housing |
Southfield, MI |
United States |
| Home Appreciation |
-0.40% |
9.80%
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| Homes Owned |
51.00% |
64.07%
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| Median Home Cost |
$192,600 |
$217,200
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| Homes Rented |
44.21% |
21.45%
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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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Southfield Mortgage Statistics
| Category |
Value |
| First Mortgage Only |
63% |
| Home Equity Loan Only |
10% |
| Homes With No Mortgage |
21% |
| 2nd Mortgage or Home Equity |
17% |
| Second Mortgage Only |
6% |
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Additional Southfield Lenders
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Mortgage Lending
20700 Civic Center Dr Ste 170
Southfield, MI 48076
248-543-1111
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Ctx Mortgage Company llc
100 Galleria Ofc Ctr Ste 200
Southfield, MI 48034
(248)-233-8400
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Sunset Mortgage Company Lp
19111 W 10 Mile Rd Ste 5
Southfield, MI 48075
(248)-351-0833
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American Equity Mortgage Inc
1150 Towne Square - Suite 1150
Southfield, MI 48076
(248)-945-9900
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Ameriquest Mortgage Company
28400 Nortwestern Hwy Ste 240
Southfield, MI 48034
(248)-353-4285
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Assurafirst Financial Company
26400 Lahser Rd Ste 444
Southfield, MI 48034
(248)-356-3580
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Mortgagetree Lending
27600 Northwestern Highway, Ste. 215
Southfield, MI 48034
(248)-354-8600
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Bnc Mortgage Inc
29200 Southfield Rd Ste 104
Southfield, MI 48076
(248)-424-5560
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Family First Mortgage Corp
26677 West 12 Mile Road
Southfield, MI 48034
(248)-360-5670
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Countrywide Home Loans Inc
400 Galleria Officentre 416
Southfield, MI 48034
(248)-354-5530
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Southfield Real Estate Agents
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TiredOfRent.com
15700 W. Ten Mile Rd. Suite 210 B
Southfield, MI 48075
(248)-440-5494
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0.035%
0.011%
Common Sense