Lansing is a city with a diverse range of neighborhoods, each with its own unique character and charm. From the vibrant downtown area of Old Town to the family-friendly neighborhoods of Colonial Village and Westside, there's something for everyone in Lansing. East Lansing, just outside of Lansing, is also worth considering, with its proximity to Michigan State University and a lively downtown area.

• Old Town: Known for its cultural attractions, boutique shopping, and dining options.
• Westside: A charming area with a mix of older and newer homes, close to downtown.
• Colonial Village: A family-friendly neighborhood with a suburban feel.

When choosing a neighborhood, consider factors like school districts, commute times, and local amenities. NMHL's mortgage experts can help you understand how different neighborhoods may impact your mortgage options and overall cost of homeownership.

At NMHL, we offer a range of mortgage programs designed to meet the unique needs of Lansing homebuyers. From FHA loans with down payments as low as 3.5% to VA loans for eligible veterans, we have options to suit a variety of financial situations. Our mortgage experts can help you explore these programs and determine which one is right for you.

• FHA Loans: Down payments as low as 3.5% with credit scores as low as 580.
• VA Loans: Zero-down financing for eligible veterans and service members.
• Conventional Loans: Competitive rates and terms for borrowers with good credit.

We'll work with you to understand your financial situation and goals, and help you find a mortgage that fits your needs.

Michigan offers several down payment assistance programs to help homebuyers, including the Michigan State Housing Development Authority (MSHDA) Down Payment Assistance Program. These programs provide financial assistance for down payments and closing costs, making it easier for buyers to purchase a home in Lansing and other parts of the state.

NMHL can help you navigate these programs and determine your eligibility. Our mortgage experts will work with you to understand your financial situation and goals, and help you find a mortgage that fits your needs.

Lansing's average property tax rate is 1.78%, which is relatively high compared to some other parts of the country. However, Michigan offers various property tax credits and exemptions for eligible homeowners, which can help reduce the overall tax burden.

When buying a home in Lansing, it's essential to factor property taxes into your overall cost of homeownership. NMHL's mortgage experts can help you understand how property taxes will impact your monthly mortgage payments and overall cost of homeownership.