Bank of Ann Arbor can help you get into your own home with minimal money down. Homeownership represents several advantages when compared to renting. The interest on your mortgage payments is tax deductible which saves you money.
Many renters can move into their own homes and keep their monthly expenses the same.
Homeownership can be a good investment opportunity as well. A house offers leverage and possible appreciation in value. By looking at your monthly budget, one of our Mortgage Loan Officers can determine how much house you can afford and pre-approve you to purchase so you can begin the search for your new home.