Livonia's housing market is characterized by a mix of older and newer homes, with a range of architectural styles and amenities. The city's median home price is around $245,000, making it an attractive option for first-time homebuyers and families. Neighborhoods like Pilgrim Village, Franklin Park, and Newburg Heights offer a range of housing options, from cozy bungalows to modern ranch homes.

The local real estate market is influenced by factors like property tax rates, school districts, and community amenities. Livonia's average property tax rate is around 1.43%, which is relatively low compared to other Michigan communities. The Livonia Public Schools district is highly rated, with several schools receiving top marks from the Michigan Department of Education.

At NMHL, we offer a range of mortgage programs designed to meet the unique needs of Livonia borrowers. Our FHA loans require as little as 3.5% down, while our VA loans offer zero-down financing for eligible veterans. We also offer jumbo loans for borrowers who need to finance larger homes.

• Bad Credit Mortgage: Our Bad Credit Mortgage program considers alternative credit scoring models and can approve borrowers with credit scores as low as 580.
• Self-Employed Mortgage: Our Self-Employed Mortgage program is designed for borrowers who are self-employed or have non-traditional income.

Down payment assistance programs can help Livonia homebuyers overcome the upfront costs of purchasing a home. The Michigan State Housing Development Authority (MSHDA) offers several down payment assistance programs, including the MI First-Time Homebuyer Program, which provides up to 3.5% of the home's purchase price for down payment and closing costs.

NMHL can help you explore these options and determine your eligibility. Our mortgage experts will work with you to find the best solution for your financial situation.

Livonia is a vibrant community with a range of neighborhoods and amenities to suit different lifestyles. From the family-friendly atmosphere of Pilgrim Village to the scenic beauty of the Livonia Recreation Area, there's something for everyone in Livonia.

• Pilgrim Village: This charming neighborhood features a mix of older and newer homes, with easy access to local parks and amenities.
• Franklin Park: This established neighborhood is known for its beautiful homes and tree-lined streets, with plenty of opportunities for outdoor recreation.