U.S. Dept. of Agriculture Rural Development Acting State Director for Michigan Jason Church today announced the top ten Rural Guaranteed Home Loan lenders in Michigan as part of National Homeownership Month.
“Homeownership is an essential element in building strong communities,” Church said. “These lenders have partnered with USDA Rural Development so more Michiganders can experience the American Dream of homeownership.”
During the past year, USDA Rural Development helped 5,550 rural Michigan families purchase homes through the program. The top ten partner lenders for FY 2016 are:
|
Lender |
Loans |
|
Amerifirst Home Mortgage |
890 |
|
Mortgage One |
320 |
|
Cason Home Loans |
243 |
|
Union Home Mortgage |
228 |
|
American Southwest Mortgage |
173 |
|
Success Mortgage Partners |
168 |
|
Flagstar Bank |
163 |
|
Ross Mortgage |
148 |
|
Chemical Bank |
130 |
|
Preferred Capital |
127 |
Established in 1991, the program has provided more than $7.1 billion for home loans in Michigan.
USDA Rural Development provides loans and grants to help expand economic opportunities and create jobs in rural areas. This assistance supports infrastructure improvements; business development; homeownership; community services such as schools, public safety and healthcare; and high-speed internet access in rural areas. For more information, visit www.rd.usda.gov.