Farmington, Michigan (MI) Mortgage Brokers

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  Below you will find a list of mortgage resources for Farmington, Michigan. This list will help find mortage brokers in Farmington, MI to assist you with your home loan needs.
   

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Below is a list of Mortgage Brokers - Mortgage Lenders in the Farmington, MI area. 

  FEATURED MICHIGAN MORTGAGE BROKERS    ( List Your Business Here )
 
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Put your listing in front of thousands of home loan seekers each month. Each Featured Listing covers all cities in your chosen state.  
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Apartment Capital Group
By focusing exclusively on multifamily lending, we can provide the most efficient and reliable means of mortgage loan solutions for your apartment lending needs. Whether you require acquisition, refinance or structured finance lending, our technology and apartment capital expertise offers a reliable and efficient resource to serve your capital needs from start to finish. Our direct lender relationships provide you with complete access to the most competitive lending terms available today.
Preston True  -   (P)248-427-0800 x229   (F)248-427-9800   
33312 Grand River Ave - Farmington, Michigan 48336
www.apartmentcapital.com


   
 

 
Important Websites for Farmington, Michigan
 National Association of Mortgage Brokers
 Mortgage Bankers Association
 Michigan Mortgage Lenders Association
 Michigan Division of Financial Institutions
 NATIONAL  AVERAGES CURRENT CHANGE
30 Yr Fixed 4.56% -0.01%
15 Yr Fixed 4.03% -0.03%
1 Yr ARM 3.70% -0.04%
Fed Prime 3.25% 0.00%
30 Yr Tres 4.08% 0.00%
 
Important Information for the Farmington, Michigan Area
County: Oakland   Elevation: N/A ft   Timezone: EST
Latittude: 42.46444   Longitude: -83.37639
How many people live in Farmington (Population)? 10,423
How many homes are in Farmington (Housing Units)? 4,991
What is the Population Per Square Mile? 3,904
How many Housing Units Per Square Mile? 1,870
How big is Farmington, MI(Total Area)? 3 Sq M
How much water is in Farmington (Water Area)? 0 Sq M
How much land is in Farmington (Land Area)? 3 Sq M
  **Informational Purposes Only - If you find incorrect information please email us.
 
 
  Mortgage Tip #3: Consider a 15 Year Mortgage Over a 30 Year Mortgage

A 15 year mortgage will likely raise your monthly but can save you thousands in interest expense.

Example:

30 year mortgage on $150,000 at 6.5% - Over 30 years you will pay a total of $191,317 in interest.

15 year mortgage on $150,000 at 6.5% - Over 15 years you will pay a total of $85,199 in interest.

As you can see from this example the 15 year mortgage will save you $106,118.
 
 
 
   
 
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