Continuing our look at regional mortgage offers, we here at Peak Personal Finance are now turning to find the best home loans in Michigan so we can show you what’s available there.

The information here will assume you have a credit score of at least 700, up to 20% for a down payment or in equity on the loan, and cash on hand for any fees incurred. Your situation and exact location will cause these to vary, but these best home mortgage rates in Michigan are meant to show you the top available to give you a guideline while searching for your best mortgage interest rates.

30-year Fixed Rate
For these terms, the best mortgage rates in Michigan are at Quicken Loans with a 4.875% interst (5.14% APR) with 2 points and a fixed fee of $1,600 with 45 days to lock it in. To eliminate those points raises the rate to 5.5% interest (5.588% APR) with the same fees.

Fist Place Bank beats that, however, with a 5.00% interest (5.107% APR) with no points and fixed fees of $2,000 and 45 days to lock in.

Flagstar Bank has a 5.00% interest offer as well (5.126% APR) with $690 in fees and a 30 day lock in.

15-year Fixed Rate
First Place Bank has a 4.25% interest (4.432% APR) offer with no points and $2,000 in fees and a 45-day lock in period.

Bank of America offers 4.5% interest (4.628% APR) with no points and $1,400 in fees and a 30-day lock in period.

Quicken offers a 4.5% interest (4.935% APR) with $1,600 in fixed fees and 1.875 points on a 45-day lock in. To remove the points raises the rates to 5.125% (5.274% APR).

5/1 Adjustable Rate Mortgage
ARM loans aren’t very politically popular right now, but they still have their place. Bank of America offers a 4.00% interest (3.844% APR) with one points and a 30-day lock in on a $1,400 fee.

First Place Bank offers a 4.125% interest rate (3.672% APR) with no points and a $2,000 fee and 45 days to lock it in.

A mortgage is a big decision, so even if you find the best home loans in Michigan, make sure to talk to a financial adviser before signing yours.