Introduction As families in Grand Rapids prepare for the back-to-school season, it’s an opportune moment to reassess household budgets, especially when it comes to managing mortgage payments. With recent legislative changes and local housing developments, understanding how these factors influence your mortgage can lead to better financial decisions. Understanding Recent Legislative Changes In 2024, Michigan…

Imagine finding the perfect home—a cozy retreat in West Michigan or a vibrant spot in Detroit—only to lose it because you weren’t ready to make a move. Heartbreaking, right? That’s where mortgage pre-approval comes in, acting like your secret weapon in the homebuying game. It shows sellers you’re serious and gives you a clear budget…

You’re so close to calling that dream home yours—maybe a charming fixer-upper in West Michigan or a sleek condo in Detroit—when closing costs pop up like an unexpected plot twist. These fees can catch first-time buyers off guard, but they don’t have to derail your plans. At Priority Home Mortgage, we help homebuyers across Michigan…

Your first home is a big deal—like, pinch yourself big. Whether you’re dreaming of a cozy starter in West Michigan or a trendy spot in Detroit, the mortgage process can feel like decoding a secret language. Spoiler: it’s not as scary as it seems. Our first-time homebuyer mortgage guide breaks it down into bite-sized steps,…

You’re swiping through home listings, vibing with the idea of a new place in West Michigan or maybe a loft in Detroit, when the mortgage talk hits: fixed or adjustable-rate? It’s like choosing between a steady playlist or one that switches genres mid-song. Picking the wrong fixed vs adjustable mortgage could cost you thousands or…

Picture this: you’re scrolling through Zillow, heart racing, imagining your dream home in West Michigan or maybe a sleek condo in Detroit. Then, you learn your credit score could make or break your mortgage rate. Ouch. A higher score means lower rates, saving you thousands over your loan’s life. Don’t stress—improving your credit score for…

Whether you’re buying a home in West Michigan, metro Detroit, or anywhere across the country, navigating mortgage paperwork is a critical step. One document stands out as your key to smart decisions: the Loan Estimate (LE). So, what is a Loan Estimate? It’s a standardized form lenders provide to outline your mortgage terms and costs,…

When buying or selling a home, you might wonder: Is a real estate agent’s commission worth it? The 5-6% commission can seem like a big expense, but the value of real estate agents is undeniable. From expert negotiations to streamlining complex processes, agents save you time, money, and stress—whether you’re in West Michigan, metro Detroit,…

Buying a home is a major milestone, but home buying mistakes can turn excitement into stress. From skipping key steps to risky financial moves, these pitfalls can cost you, whether you’re in West Michigan, metro Detroit, or anywhere in the U.S. At Priority Home Mortgage, we help buyers across Michigan and beyond avoid these errors.…