From a single office in 1994 to over $11 billion in sales. Mortgage 1 has always grown through relationships. We are held in the highest regard in the mortgage and real estate industries. We believe if our employees feel safe and secure, they will provide world-class customers service.
While we specialize in helping first-time buyers find their dream home, we also help home buyers of all types, no matter whether you are refinancing, downsizing, or buying a second home. We have helped more than 87,000 home buyers realize their dreams of home ownership. We can do the same for you. Our first-class service and attention to detail make us Michigan's preferred lender. Let us help you!
Consumers can save big when they replace a 30-year mortgage with a lower interest rate, or with a shorter term. The term is the duration of the loan, when you go from a 30-year loan to a 15-year loan the payment will be slightly higher but the loan will be paid off in half the time.
Home Ownership should always start with a pre-approval. Pre-approved home buyers get preferential treatment when negotiating home purchases.
An FHA loan is insured by the Federal Housing Administration, a federal agency within the U.S. Department of Housing and Urban Development (HUD). The FHA does not loan money to borrowers, rather, it provides lenders protection through mortgage insurance in case the borrower defaults on his or her loan obligations.