Where I work around Wixom
Buying a house in Wixom
For a single-family purchase the loan looks at three things: you, the house and the price. Your income, credit and cash set what you can qualify for. The appraisal has to support the price you agreed on, and the inspection tells you what you're actually buying. Where people get surprised is the order of things, so the best time to talk to me is before you start touring, not after you've written an offer.
Conventional, FHA and VA all work on a single-family home, and which one fits depends on your credit, your down payment and whether you served. I'll lay out the realistic options for your situation and tell you which I'd pick and why.
Moving up, refinancing or using your equity
A lot of the calls I get are from people who already own. If you're selling to buy, we should talk about how the two closings fit together before you list, because that decides how much pressure you're under. If you're refinancing or thinking about a HELOC or other home equity loan, I can look at whether it makes sense for you now. That includes homeowners who were turned down by their bank.
Condos and townhomes in Wixom
Wixom has attached housing too. When the property is a condominium, the loan is underwritten on the project as well as on you, so there's an association questionnaire and a review of the master insurance policy. A townhome that looks like a house can still be a condominium on paper. The association controls how fast the paperwork comes back, so I order it early.
Check the school district for the address
Most of Wixom is in Walled Lake Consolidated Schools, but a small part of the southwest is in South Lyon Community Schools and a small part of the south is in Novi Community Schools. If schools are part of your decision, confirm the district for the specific address with the district itself. I'm not the right source for that, but it's worth doing before you write an offer, not after.
Buying near Wixom instead
Plenty of buyers searching in Wixom end up looking at the neighboring communities too. Commerce Township, Walled Lake, Lyon Township and South Lyon are all close, and the loan conversation is the same in each. If your search is wider than one town, that's fine. One approval covers all of it, and I can quote more than one address at a time.
Loan programs I use in Wixom
- Conventional — low down payment options, and PMI that can come off later
- FHA — more flexible on credit
- VA — the benefit you earned, for eligible veterans and service members
- DSCR and investor — qualified on the property, not your tax returns
- Self-employed and bank statement — for income that doesn't fit a W-2 box
- Construction and renovation — for new builds and older homes that need work
First time buying? Start here.