General Info:
Branch Manager, Andrew Blair: "I have been helping Michigan homebuyers, homeowners, and families with real estate finance for over 15 years. As a professional mortgage banker, I am in a unique position to build tailored home loan solutions for my clients, who rely on me to be their expert. My experience as a trusted mortgage advisor for hundreds of clients, investment brokers, accountants, financial planners, real estate agents, investors, and attorneys has kept me on the cutting edge of the real estate finance industry. Our high-tech process makes real estate finance simple, so you can stay focused on valuable time with your family, busy schedule, and active career. My team and I have been very successful in providing thousands of customized mortgage loans for high-end purchasers, first-time homebuyers, families looking to upgrade, downsize, or relocate, as well as those wanting to refinance into a better financial situation. Our dedication to perfection and customer satisfaction has led to the vast majority of my business coming from existing clients and referrals. I’m focused on building a lifetime relationship with my clients, not just being their mortgage banker for one transaction. Stop by, apply online or call me for a personalized, confidential loan analysis." Established in 1995. Since 1995, Northern Mortgage Services Inc. has helped thousands of Michigan individuals and families achieve the dream of home ownership. Our personalized and efficient services, attention to detail, flexibility of programs, and competitive mortgage loan rates and terms have enabled us to build our business largely upon referrals from our customers. We look forward to the opportunity to serve you, whether you're a first time homebuyer, high-end purchaser, looking to upscale, downsize or relocate, or wanting to better your financial situation through refinancing your existing mortgage. We can also connect you with one of our area Preferred Real Estate Agents, who will lead you to the right home or property for you and your family. Call, stop by, or apply online today! Detroit Free Press real estate article Jan 2017: "The latest Standard & Poor's/Case-Shiller Home Price index shows that while metro Detroit housing prices are back to fall 2007 levels, they're still about 18% off the region's price peak of late 2005 and early 2006, before the economy slowed. Sale prices are finally at or close to their prerecession levels in most areas and fewer homeowners are underwater on their mortgages. Those factors pushed total sales for existing homes in Wayne, Oakland, Macomb, Livingston and Washtenaw counties to more than 66,600 for most of 2015 — the highest level since the recession, according to an extensive review of housing sales data by the Detroit Free Press. Thousands of downtown Detroit apartments are on the way The median sales price last year for existing homes was $206,900 in Washtenaw County, $206,000 in Livingston County, $179,000 in Oakland County, $128,500 in Macomb County and $90,000 in Wayne County, according to the data collected from local deed offices. A ZIP code by ZIP code analysis shows the region's greatest price increases since 2009 have typically occurred in markets such as Detroit, which are rising from extremely low sales prices, even below that of many used cars. But home prices in areas including Southfield, Howell, Oakland Township, South Lyon, Highland Township and Gregory also saw big price gains in the past six years. The city of Detroit also was home to a ZIP Code that saw a rare sales price drop — a 64% decline to $15,000 since 2009 for a home in the 48217 southwest neighborhood that has been dubbed Michigan's most polluted ZIP code." Advantages of FHA mortgages in 2017: 1) Lower credit score and down payment requirements. 2) Lower interest rates and mortgage insurance...