Michigan's trusted VA loan lender
Serving families and veterans since 1995
We Are Your Michigan Home Mortgage Experts
First Equity is a family-owned mortgage lender serving borrowers across Michigan, with most in-person meetings held in Chelsea, Washtenaw County, Livingston County, and the greater Ann Arbor area. For borrowers elsewhere in Michigan, we offer the same personal guidance through video conference. When you contact us, you work directly with an experienced loan originator who knows your file, understands your situation, and stays with you through every step.
First Equity Simplies the VA Home Loan Process
First Equity Residential Mortgage has been originating VA home loans in Michigan since 1995. For more than 30 years, we have guided veterans, active duty service members, and surviving spouses through the VA loan process, from confirming eligibility and securing a Certificate of Eligibility to closing on time with confidence. Our team understands VA loan requirements in depth, including funding fee exemptions and underwriting guidelines that many lenders overlook, and we advocate for the benefits veterans have earned rather than steering them toward other loan types. As your veteran first mortgage specialist, we make sure you understand every option available to you.
These are private financing options for loans that are larger than allowed by conventional loans (Loans over $766,550).
Renovation loans are available for refinance and purchase for homes that need repairs or renovations. The cost for repairs and renovations can be rolled into the loan amount.
RD (Rural Development) loans are zero down payment loans for rural areas. They require good credit, employment and income.
Loan for borrowers over the age of 62 with no principal and interest payments. These loans may be used for purchase or refinance.
Conventional loans are backed by Fannie Mae and Freddie Mac, and make up the bulk of real estate finance. Variety of loan options with as little as 3% down payment.
Don't want to give up your low first mortgage rate but need some additional funds? Contact our loan officers to get the Home Equity Loans or Line of Credit terms that fits your needs.