Michigan no cost mortgage, Michigan no fee mortgage, Michigan no closing cost mortgage

Assumes 30 year fixed mortgage with a $200k loan amount, rate and term refinance with escrows, and that you meet conforming mortgage guidelines. Rates may vary based on loan size and credit score.

I would offer 6.75%/6.75% apr 

Remember a no cost loan still has costs the lender, bank or broker, just pays for them out of the proceeds from the rate. (Since proceeds are paid based on a percentage of your loan amount you can see why there is a higher no cost rate for lower loan amounts, and perhaps a lower rate for larger loan amounts).

To obtain more information and a to receive a quote specific to your needs and situation email alacey@principlemtg.com and we can schedule a time to talk

To apply: https://principlemtg.mortgagexsites.com/mercury/loanappweb/LoanAppNew.aspx?AWSAccountsID=438866&LanguageID=1

Make sure to select Alan Lacey as your loan officer.

Rates are subject to change based on variations in the market. This is not a commitment to lend and shouldn’t be construed as such. Only valid offers if Alan Lacey is your loan officer. Minor fluctuations can occur in APR based on closing date and any changes to the costs my lenders charge

To see what competing lenders can offer just check the links to the right and you will be able to check the rates of the nation’s largest lenders for yourself and compare what they can offer vs. what I can do.

A few such as Countrywide make it nearly impossible to get a quote without talking to a loan officer, and others such as Quicken Loans require you to put in a payment trying to make payment the basis of your decision rather than the actual loan terms.