First Time Home Buyers
Information

  









Lincoln Park

Home Mortgage Loans

Get The Lowest Interest Rate On
Lincoln Park Home Loans.


Whether you are a first time home buyer or trading up to a larger home, we work to find the best home loan solution for you. Constantly surveying the hundreds of mortgage lenders as well as anonymously testing their staff, we are always aware of the conditions of the home loan market as well as the lenders involved in it.

Best Lender For Lincoln Park Home Loans

Unfortunately, the subprime mortgage crisis has caused dramatic changes in the lending climate. Many lending institutions have suffered tremendous losses and as a result have tightened their lending standards drastically. Whereas it used to be very, very easy to meet the requirements in order to get approved, it is now much more difficult with most lenders. When searching for a mortgage lender in Lincoln Park, it is important to find one that not only offers the lowest rates, but also has not tightened lending standards to the point that only a tiny percentage of applicants will qualify.

Lincoln Park Michigan Overview & Statistics

Lincoln Park Overview

As of 2007, Lincoln Park's population is 37,595 people. Since 2000, it has had a population growth of -6.03 percent.

The median home cost in Lincoln Park is $104,000. Home appreciation the last year has been -3.82 percent.

Compared to the rest of the country, Lincoln Park's cost of living is 21.76% Lower than the U.S. average.

Lincoln Park public schools spend $5,984 per student. The average school expenditure in the U.S. is $6,058. There are about 20 students per teacher in Lincoln Park.

The unemployment rate in Lincoln Park is 5.80 percent (U.S. avg. is 4.60%). Recent job growth is Negative. Lincoln Park jobs have Decreased by 0.02 percent.

Lincoln Park Climate

Lincoln Park, MI, gets 32 inches of rain per year. The US average is 37. Snowfall is 30 inches. The average US city gets 25 inches of snow per year. The number of days with any measurable precipitation is 112.

On average, there are 179 sunny days per year in Lincoln Park, MI. The July high is around 85 degrees. The January low is 17. Our comfort index, which is based on humidity during the hot months, is a 49 out of 100, where higher is more comfortable. The US average on the comfort index is 44.

Lincoln Park Housing

The median home value in Lincoln Park, MI, is $104,000. Home appreciation is -3.82% over the last year. The median age of Lincoln Park, MI, real estate is 50 years.

Lincoln Park, MI Apartments and Rentals

Renters make up 20.35% of the Lincoln Park, MI, population. 3.71% of houses and apartments in Lincoln Park, MI, are unoccupied (vacancy rate).

Lincoln Park Crime

Lincoln Park, MI, violent crime, on a scale from 1 (low crime) to 10, is 6. Violent crime is composed of four offenses: murder and non-negligent manslaughter, forcible rape, robbery, and aggravated assault. The US average is 3.

Lincoln Park, MI, property crime, on a scale from 1 (low) to 10, is 7. Property crime includes the offenses of burglary, larceny-theft, motor vehicle theft, and arson. The object of the theft-type offenses is the taking of money or property, but there is no force or threat of force against the victims. The US average is 3.

For related resources see also:

lincolnpark.govoffice.com

Lincoln Park Real Estate Agents

Michigan First Time Home Buyers Grants

Michigan First Time Home Buyer Programs

Michigan Home Mortgage Loans

 


   
Housing Not Yet At Bottom
 Real Estate continues to lose value. One expert predicted the subprime financial crisis in 2008 and is now calling for an Economic Depression in 2011 -2012. Learn how he is helping others protect and greatly increase their wealth in spite of the financial crisis. Read more>>>

Contact Us | Privacy Policy | Terms of Use | Mortgage Terms Glossary | First Time Home Buyers Loan | First Time Home Buyer Blog | Site Map
Copyright © 2002 - 2006  All Rights Reserved.
FIRST TIME HOME BUYER