Below you will find a list of mortgage resources
for Detroit, Michigan. This list will help find mortage
brokers in Detroit, MI to assist you with your home
loan needs.
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Below is a list of Mortgage Brokers - Mortgage Lenders in the
Detroit, MI area.
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Statewide Funding, Inc.
A mortgage solution company that works to fit your needs and goals while putting you in a better financial position. A personal touch to educate you and make the process as simple as possible.
April Shafer
- (P) 734-642-7431 (F) 734-287-0237
Statewide Funding - Detroit, Michigan 48195
30
Yr Fixed
0.00%
15
Yr Fixed
-0.03%
1
Yr ARM
-0.04%
Fed
Prime
-0.25%
30
Yr Tres
-0.03%
Important
Information for the Detroit, Michigan Area
County:
Wayne Elevation:
600 ft Timezone: EST
Latittude: 42.33139 Longitude:
-83.04583
How
many people live in Detroit (Population)? 951,270
How
many homes are in Detroit (Housing Units)? 375,096
What
is the Population Per Square Mile? 6,855
How
many Housing Units Per Square Mile? 2,703
How
big is Detroit, MI(Total Area)? 143
Sq M
How
much water is in Detroit (Water Area)? 4
Sq M
How
much land is in Detroit (Land Area)? 139
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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