Warren, Michigan is a growing community with a diverse range of housing options. The median home price in Warren is approximately $175,000, making it an attractive option for first-time homebuyers and seasoned buyers alike. The local housing market is influenced by a range of factors, including the state of the economy, interest rates, and demographic trends.

At NMHL, we understand the importance of staying up-to-date on local market conditions. Our loan officers have extensive knowledge of the Warren housing market and can provide personalized guidance and support to help you navigate the mortgage process.

Warren has several notable neighborhoods, each with its own unique character and charm. Some popular neighborhoods include:

• Downtown Warren: A vibrant and eclectic neighborhood with a mix of shops, restaurants, and entertainment options.
• Sunningdale: A beautiful neighborhood with several parks and outdoor spaces.
• Beaverton: A historic neighborhood with a range of architectural styles.

Our loan officers can provide more information on the local neighborhoods and help you find the best fit for your needs.

Property taxes in Warren average approximately 1.62% of assessed value. This translates to manageable monthly costs when factored into your mortgage payment. Our loan officers can help you understand how property taxes will impact your mortgage payment and provide guidance on how to navigate the process.

Michigan also offers several property tax exemptions and credits, including the Michigan Homestead Exemption, which can help reduce your property tax liability.

School districts play a significant role in determining home values in Warren. The Warren Consolidated School District is one of the top-performing districts in the state, with several highly-rated schools in the area. Our loan officers can provide more information on the local school districts and help you understand how they may impact your home purchase.

Michigan also offers several programs to support education and homeownership, including the Michigan Education Finance Authority, which provides financing options for homebuyers who are purchasing homes in support of local schools.

Michigan offers several first-time homebuyer programs, including the Michigan Housing Bond Program, which provides low-interest loans and down payment assistance. NMHL also offers a range of programs specifically designed for first-time homebuyers, including FHA loans and down payment assistance programs.

Our loan officers can help you navigate these options and find the best fit for your situation.

NMHL specializes in helping underserved borrowers, including those with bad credit or self-employment income. Our loan officers have extensive experience working with borrowers who may not qualify for traditional financing options.

We offer a range of specialty mortgage programs, including FHA loans and VA loans, that can help borrowers with unique financial situations achieve their dream of homeownership.