White Lake is a gorgeous charter township of Oakland County. Located a little under an hour northwest from Detroit, Michigan, White Lake is home to approximately 30,020 people. Made up of three unincorporated communities--East White Lake, Oxbow, and White Lake--the town consists of 37.2 square miles, much of which has been preserved as state recreation areas and county parks, making White Lakes one of the most scenic areas in Michigan.

Plymouth is a vibrant and diverse community located in Wayne County, Michigan. It has often been listed as one of the best places to live in the entire state and has a population of 9,054.

West Bloomfield Township is a scenic, rather large medium-sized town in eastern Michigan. Located in Oakland County, the town is approximately 35 minutes northwest of Detroit. There are roughly 65,919 people living in the area spread out across the 27.3 square miles. 

Brighton, Michigan is a relatively small, but exquisite city located in the southeast portion of Livingston County. Being set into the heart of the Great Lakes region, Brighton is home to several serene lakes and rivers and consists of stunning parks and countryside. There are miles of gorgeous landscapes surrounding the city and is therefore an ideal home for anyone who loves to get away to the peace and quiet. 

Located approximately 30 miles outside of Detroit, Michigan, Commerce Township is a picturesque location, ideal for any nature-lover or outdoor enthusiast. Surrounded by rolling hills, grand forests, and vast rivers and lakes, Commerce is the perfect area for anyone looking for that quiet oasis outside of the busy city life. 

Though the area is nestled far enough from the business of the Metro Detroit area, it is still close to many of the area's amenities, restaurants, shopping locations and more. Well rated schools, parks, recreation areas, lakes and more are dotted throughout the township providing residents with all they could want or need. 

Infographic Design By Susan & Troy Susan & Troy: Sedona Real Estate Agents

Do I Need Good Credit to Buy a Home?

Credit is of course on of the main factors when applying for a mortgage to purchase a home.  Having good credit will give you the best opportunity for the best rate and terms. 

However, there are many programs in place now that would allow you to obtain a mortgage for a home even if you have challenging credit or have had discrepancies in the past. 

With these programs you can get a mortgage with a credit score as low as 530, and even as low as 500, if you can provide the down payment. 

Programs that will you give you an opportunity to buy a home

 FHA LOAN

An FHA loan will provide the buyer with the opportunity to obtain a mortgage with challenging credit and still allows you put as little as 3.5% percent down for your down payment. 

 VA Loan

A VA Loan program is for veterans!  Veterans can obtain a mortgage with a 500 credit score and recent bankruptcy's. The VA Loan also allows veterans to get into a home with zero down. 

 Reverse Mortgage

A Reverse mortgage is set up for anyone over the age of 62.  A reverse mortgage gives you the opportunity to obtain a mortgage for home and you are not required to make monthly payments.  If you have challenging credit and are on a fixed income, the Reverse Mortgage may be of help to you. 

Having good credit is definatly a plus and will give you the best opportunity for obtaining a low interest mortgage.  However, the answer to the question "Do I need good credit to buy a house?" is absolutely not!  

Information provided by:

Timothy L. Lopez

Branch Manager/Sr. Loan Officer

517-304-0689