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Your Waterford
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 Waterford? You're going to need a home loan, or mortgage, to do that. Mortgage rates differ throughout the country; our Waterford mortgage lenders strive to provide the best mortgage rates available in the Waterford 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 Waterford 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 Waterford lenders that will compete to provide a loan at the lowest rate, matching you with nearly 10 Waterford 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 Waterford mortgage payment was $ 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 Waterford home.
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Waterford Mortgage Lenders
Waterford is a major city in Michigan with no shortage of reputable mortgage lending institutions. These include financial houses working with us such as:
Oakland County Credit Union.Pillar Financial Corporation.Crossroads Lending Inc.American Home Mortgage Corp.Loanstar Lending Inc.Watson Group Financial Corp.Harbour Mortgage Company.Assurafirst Financial Company.Rjc Mortgage Corporation.Howe Financial Inc.
Waterford Mortgage & Real Estate Market
In 2006 Waterford housing sales were at an all time high; down recently but leveling off. As of 2005, the median home value in Waterford was $. This number is big in comparison to the median home value back in 2000 of $144,400. Waterford has a solid home ownership base with houses and apartments and % of those are occupied by their owners. Despite the current market, historically Waterford has been a city where people move, buy and stay - with 59% of homeowners currently paying off a mortgage. About 19% 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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Waterford, MI Real Estate Market View
updated Saturday, May 17, 2008
| Housing |
Waterford, MI |
United States |
| Median Home Cost |
$171,400 |
$217,200
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| Homes Rented |
22.63% |
21.45%
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| Homes Owned |
74.09% |
64.07%
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| Home Appreciation |
-0.40% |
9.80%
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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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Waterford Mortgage Statistics
| Category |
Value |
| First Mortgage Only |
59% |
| 2nd Mortgage or Home Equity |
19% |
| Homes With No Mortgage |
22% |
| Second Mortgage Only |
6% |
| Home Equity Loan Only |
13% |
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Additional Waterford Lenders
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Oakland County Credit Union
1220 County Center Drive West
Waterford, MI 48328
(248)-332-9171
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Pillar Financial Corporation
3129 Dixie Highway
Waterford, MI 48328
(248)-674-8171
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Crossroads Lending Inc
4010b W Walton Blvd
Waterford, MI 48329
(248)-674-8822
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American Home Mortgage Corp
4821 Highland Road
Waterford, MI 48328
(248)-674-4930
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Loanstar Lending Inc
1370 N Oakland Avenue Ste-108
Waterford, MI 48327
(248)-886-0974
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Watson Group Financial Corp
6501 Highland Road
Waterford, MI 48327
(248)-666-2700
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Harbour Mortgage Company
4196 Pontiac Lake Rd
Waterford, MI 48328
(248)-673-1300
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Assurafirst Financial Company
5213 Highland Rd
Waterford, MI 48327
(248)-674-6420
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Rjc Mortgage Corporation
6515 Highland Rd Suite 110
Waterford, MI 48327
(810)-666-8700
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Howe Financial Inc
4175 Highland Rd
Waterford, MI 48328
(248)-683-9590
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Waterford Real Estate Agents
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ProActiveRealtors - Century 21 - Hallmark West
4821 Highland Road
Waterford, MI 48328
(248)-819-9939
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0.035%
0.011%
Common Sense