Skip to content
New homeowners keys

Mortgage · Bingham Farms, MI

Mortgage lenders and home loans in Bingham Farms, MI

What homes here cost, what a buyer needs to bring, and the local lenders who close here.

Homes for sale now
1
MLS and Zillow listings, for sale or pending
Median asking price
$1,060,000
Across the homes for sale now
Median sale price
$831,250
Homes sold in the last 12 months
Census median rent
$3,501
What renters here pay a month

The numbers for Bingham Farms

Worked from the local figures above. Each one says what it assumes; your own numbers come from your lender, agent or title company.

3.5% down (FHA)

$29,100

On a $831,250 home, the local median sale

20% down (no mortgage insurance)

$166,000

On the same home

Closing costs, about 3%

$24,900

Paid at closing on top of the down payment

Homes for sale in Bingham Farms

Every home for sale in Bingham Farms

Homes for sale, up to 300. Zoom in for prices; tap a pin to open the home.

Local pros for mortgage in Bingham Farms

Ranked by the Rebuild Detroit grade: reviews, license, years in business and how close they are.

Home Inspection near Bingham Farms

Mortgage nearby

Tevin Jackson, founder of Rebuild Detroit

Who you are dealing with

Tevin Jackson, founder of Rebuild Detroit

Tevin Jackson founded Rebuild Detroit to put Metro Detroit's homes, numbers and local pros in one place you can trust. Every figure on this Bingham Farms page says where it comes from, and every pro listed is ranked the same way, by reviews, license and years in business.

  • Detroit real estate investor
  • Author of Against All Odds and The Spark
  • Helped scale 100+ home service brands

Mortgage in Bingham Farms FAQ

3 questions

How much do I need to buy in Bingham Farms?
On the local median sale of $831,250, 3.5% down is $29,100 and closing costs add about 3%.
Should I get pre-approved first?
Yes. Sellers here take an offer with a pre-approval letter far more seriously, and you will know your price before you tour.
Where do these numbers come from?
Census five-year estimates for the place, the MLS and Zillow listings and sales in the Rebuild Detroit homes index, and the Rebuild Detroit directory for the local pros.