Real Estate Properties

Inter-Lake Mortgage Company of Michigan is a locally owned company.

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Phone No. # (616) 301-1811

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Michigan Real Estate Property

Michigan Real Estate Properties can be a challenge to find the right property for you, then the other long process is financing. Apply Today.

Here are some tips on real estate property financing.

Here is why A Michigan Lending Company is better than other mortgage companies in Michigan. We are a Michigan real estate property discount loan finance company.

  • We put everything in writing
  • Loan amount
  • interest rate
  • term of the loan
  • Most important we provide you with a lock-in confirmation

Here are the most important forms you need to understand.

At Inter-Lake Mortgage we will educate you about the above forms and show you how to avoid points, discount fees, and junk fees. We do not charge unnecessary fees, change your interest rate or your term of your loan without your knowledge.

I have heard time after time about borrowers arriving at the closing and the interest rate is higher and closing costs have increased considerably because of additional fees added by the mortgage company. The mortgage company knows you have signed a purchase agreement that is good for a limited time, and have given a good faith deposit to secure the property until you can borrower the balance of the money. The seller has not put you into this position, all they want is their money. THAT'S NOT HOW WE OPERATE OUR BUSINESS.

Here are types of Michigan real estate properties we do.

  • Single Family Resident (SFR)
  • Condo
  • Multi-Unit Dwellings
  • Townhouses
  • Land
  • Commercial
  • Planned Unit Developments (PUD)
  • Second Home
  • Investment properties
  • Apartments

More Michigan Real Estate Properties.

  • Modular, panelized or prefabricated homes, and log homes that are situated on permanent foundations, that have assumed the characteristics of conventional site-built housing and that are located where there is proven market acceptability as evidenced by at least recent similar comparable sales of the appraisal.
  • Modular housing is factory-built housing in two or more sections to meet state and local building codes and is transported to the property site for final assembly. Modular housing can be transported on a steel undercarriage but the undercarriage is not a permanent structural component and is removed when placed on a permanent foundation.
  • Mobile homes or manufactured homes (single-wide, double-wide, etc.) are residential structures built on a steel undercarriage with necessary wheel assembly to be removed when placed on a permanent foundation, but the steel undercarriage remains intact as a necessary structural component. Usually, the presence of a steel undercarriage as a necessary structural component is the primary distinguished factor between a manufactured home and a higher quality modular home. Please note that the term "Manufactured Home" has replaced the term "Mobile Home" with the latter now used solely to describe all manufactured homes built prior to the established HUD building standards which became effective in June 1976.

A Michigan Lending Company offers low cost mortgage finance services for the real estate market. From stated and no-document loan products to 100% financing options let us customize a financing package just for you. For a Michigan home purchase or refinance loans just contact us for a speedy closing.


Interest Rates

Current Rates

30 Yr Fixed 5.000%
20 Yr. Fixed 4.750%
15 Yr Fixed 4.500%
30 Yr Jumbo 6.000%
15 Yr Jumbo 5.750%
30 Yr Land 6.000%
15 Yr Land 5.250%
Float Land 4.000%
Prime Rate 3.250%
Commercial 6.375%

Interest rates, mortgage program terms and conditions are subject to change without notice. Loans are subject to credit review and approval. Properties securing all loans must be located in Michigan.