Somerset Lending: Somerset Lending Corp, Rochester, MI, Somerset Lending reviews & blog

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Michigan Based Lender in Rochester, MI.

Over 10 years in the mortgage industry. Specializing in Conventional loans, DU refi plus and HARP program(s), FHA, VA purchase and refinance mortgages for residential properties, USDA (rural development-100% LTV available) as well as the 203k FHA and Conventionl Rehabilitation Loans. Jumbo programs also avaialable. We are the price-point leader in Michigan. With over 100 products to choose from, you'll be sure to get the best deal possible.

Simple, Inexpensive Ways To Prep Your Home For Sale

by Somerset Lending

Nov 26, 2012

When Rochester Hills homeowners get ready to list, advice will often come from all corners of their personal and social network -- what within the home to upgrade; what to repair; what to replace.And, although some advice...

Existing Home Sales Move Higher

by Somerset Lending

Nov 23, 2012

After a small decline in September, Existing Home Sales rebounded in October, increasing a modest 2.1%. The housing market's slow, steady recovery continues as sales volume in all four regions expanded last month with...

by Somerset Lending

Nov 01, 2012

Friday morning, the government's Bureau of Labor Statistics will release its Non-Farm Payrolls report, more commonly called the "jobs report". Depending on how the jobs data reads, FHA and conforming mortgage rates may...

by Somerset Lending

Oct 23, 2012

Since late-2011, home values have climbed in many U.S. markets.The government's Home Price index puts the increase at +3.7% an annual basis and the National Association of REALTORS(R) shows home sale prices up 11% since...

by Somerset Lending

Oct 16, 2012

Mortgage markets improved slightly last week. With a dearth of new U.S. economic data due for release, investors turned their collective attention to the Europe, China, and the Middle East.U.S. mortgage rates fell slightly in...

by Somerset Lending

Oct 15, 2012

Foreclosure volume continues to slip. According to foreclosure-tracking firm RealtyTrac, in September, the number of foreclosure filings nationwide fell 7 percent from the month prior, and fell 16 percent from September 2011....

by Somerset Lending

Oct 09, 2012

The minutes from the Federal Reserve's September Federal Open Market Committee meeting were released Thursday.The Fed Minutes detail the discussions and debates which shaped the central banker's launch of its third...

by Somerset Lending

Oct 05, 2012

It's a dangerous time for home buyers in Troy to be without a locked mortgage rate. Friday morning, at 8:30 AM ET, the government releases its Non-Farm Payrolls report for September. More well-known as "the jobs report",...

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Contact Jamie

Jamie Nummer NMLS: 133899
Somerset Lending Corp
	414 East Street Rochester, MI 48307
	(248) 686-3560
	(248) 895-4541
	(248) 499-9641