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Mortgage · Lake Orion, MI

Mortgage lenders and home loans in Lake Orion, MI

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

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Homes for sale now
124
MLS and Zillow listings, for sale or pending
Median asking price
$526,640
Across the homes for sale now
Median sale price
$330,000
Homes sold in the last 12 months
Census median rent
$798
What renters here pay a month

The numbers for Lake Orion

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)

$11,600

On a $330,000 home, the local median sale

20% down (no mortgage insurance)

$66,000

On the same home

Closing costs, about 3%

$9,900

Paid at closing on top of the down payment

Homes for sale in Lake Orion

Every home for sale in Lake Orion

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

Local pros for mortgage in Lake Orion

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

Home Inspection near Lake Orion

Mortgage nearby

Orion Township Oxford Oakland Township Addison Township Auburn Hills Leonard Independence Township Brandon Township Rochester Rochester Hills
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 Lake Orion 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
Call (888) 471-3135 About Tevin How we check every pro

Selling in Lake Orion

Buying and renting in Lake Orion

Owning a home in Lake Orion

Near Lake Orion

Oakland County

Mortgage in Lake Orion FAQ

3 questions

How much do I need to buy in Lake Orion?
On the local median sale of $330,000, 3.5% down is $11,600 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.