September is National Mortgage Professional Month, a time to honor the people who work behind the scenes—and on the front lines—helping families and individuals achieve the dream of homeownership. At EB Mortgage in Grand Rapids, MI, we’re proud to be part of this tradition of service, expertise, and community commitment. Why This Month Matters The..
Category: EB Mortgage
If you’re a developer or investor looking to finance a multifamily or residential project in Michigan, the Michigan Pass-Through Bond Program through MSHDA may be a valuable option. Here’s what you need to know: 1. How it works: 2. Types of financing: 3. Program limits and timing: 4. Project requirements: 5. Why it matters for..
Selling a commercial property is a multifaceted process that demands careful planning and execution. Given the current economic climate, you might be wondering if it’s the right time to sell. This article provides a comprehensive guide to the essential steps in selling a commercial property, helping you secure the best possible price. Step 1: Make..
In the first quarter of 2025, commercial and multifamily mortgage debt outstanding rose by $46.8 billion, an increase of 1.0%, reaching a total of $4.81 trillion, according to the Mortgage Bankers Association (MBA). The rise was largely driven by a $19.9 billion increase (0.9%) in multifamily mortgage debt, which grew to $2.16 trillion. Despite a..
For over 80 years, VA home loans have empowered countless Veterans to achieve homeownership. Despite the program’s extensive reach, many eligible Veterans remain unaware of its full scope. Understanding VA Home Loans VA home loans, facilitated by private lenders like banks and mortgage companies, offer Veterans, Servicemembers, and eligible surviving spouses a unique guaranty benefit…