Lansing, the capital city of Michigan, is the state's sixth largest city, with a population of 120,000. It is located mainly in Ingham County, although a small portion of the city extends into Eaton County. The Lansing metropolitan area serves as an important center for educational, cultural, governmental and high-tech manufacturing institutions. These include three medical schools, two law schools, Michigan State University, the state capitol, the Supreme Court, an appellate court, a federal court, the Library of Michigan and Historical Center and the headquarters of four national insurance companies.
Located in the south central part of the Lower Peninsula where the Grand River meets the Red Cedar River, Lansing offers many views of the water. The largest river in Michigan, the Grand River, flows through downtown Lansing. The Red Cedar River, a tributary of the Grand River, passes through the campus of Michigan State University . There are also two lakes in the area, Park Lake and Lake Lansing , both northeast of the city. Lake Lansing , a summer favorite for swimmers, boaters, and fishermen, is approximately 500 acres in size and sailing regattas are hosted there throughout the summer.
Michigan State University , a member of the Big Ten Conference, is known as "the pioneer land grant college," located in neighboring East Lansing . MSU has the largest land campus in the United States and is home to several nationally and internationally recognized academic and research oriented programs. The Lansing Symphony Orchestra has been entertaining generations of Lansing area residents since 1929.
Lansing’s economy is now evenly split between government service, healthcare, manufacturing and education. The median income per Lansing household is $34,833, with the median asking price for a house in Lansing at about $64,700. Considering the business and cultural amenities in the area, the cost of living here is quite modest.
If you’re interested in moving to Lansing or simply looking to refinance your current home, we are here to help you.
Preparation for a Lansing Mortgage
Are you shopping for a home mortgage loan? Here are some simple steps to facilitate your new home purchase.
Even if you haven't begun searching for homes to visit, it's important to visit a mortgage professional first. This will help you to decide on your price range and determine how much you can afford to borrow.
Now That You Have The Loan . . .
Once you’ve spent some time in Lansing, maybe it’s time to consider a refinance loan. Perhaps the interest rates have dropped. Maybe you need a bit more room in your budget each month. No matter what your financial needs, a refinance or a home equity loan can help meet them.
For more information about mortgages, home equity loans, or refinancing, fill out the prepared form below. A lender will be happy to contact you ASAP to help you with determining your home loan needs.
