Home Purchase Loans in Birmingham, Michigan
From a downtown condo to a newly built home near Quarton Lake, buying in Birmingham moves fast. Tania Yatooma, a Swift Home Loans mortgage specialist with more than 10 years of mortgage experience, works right here on East Maple Road and helps buyers win offers with a full pre-approval and the right mix of conforming, jumbo, condo and VA financing.
- Office in Birmingham
- Jumbo & conforming loans
- Condo financing
- Free pre-approval
Get Pre-Approved for Birmingham
Tell Tania what you're planning. She'll reply personally, usually the same business day.
- 2026 conforming limit
- $832,750 (1-unit, Oakland County)
- Above that
- Jumbo financing
- Common purchases
- Condos, classic homes, new builds
- Your mortgage specialist
- Tania Yatooma · 10+ yrs
A Local Lender for a Competitive Market
Birmingham's walkable downtown, tree-lined neighborhoods and Birmingham Public Schools keep demand high and inventory tight. Homes range from downtown condos and lofts to updated colonials and newly built homes, and many are priced above the conforming loan limit.
That makes two things matter: a pre-approval sellers trust and a lender who can quickly compare conforming, jumbo and condo financing. Tania works from Swift Home Loans' office on East Maple Road, so you can meet in person and reach her when timing is tight.
- Full pre-approval with income, assets and credit reviewed up front.
- Jumbo and conforming options compared side by side.
- Condo project review before you write an offer.
- Move-up and downsizing plans that account for selling your current home.
Financing Every Kind of Birmingham Home
Each type of property comes with its own lending questions.
Downtown condos & lofts
Lenders review the association's budget, reserves and insurance. HOA dues count in your debt-to-income ratio.
Classic homes to update
A renovation loan can finance kitchens, baths or a new roof together with the purchase.
New and rebuilt homes
Newer homes often need jumbo financing. A longer rate lock can protect you while the home is finished.
Move-up & downsizing
Use equity from your current home, or plan the timing of your sale and purchase.
How Much Do You Need to Put Down in Birmingham?
Enter a purchase price to compare common down payment options. The estimator flags when a loan becomes a jumbo loan.
| Option | Down | Loan |
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Estimate only, not a loan offer. Excludes closing costs, prepaids, financed fees and mortgage insurance. Program availability depends on credit, income, property and lender guidelines; 3% down is for eligible buyers.
Good to Know Before You Buy in Birmingham
Taxes reset when you buy
Taxable value uncaps after a sale, so your bill is often well above the seller's. Budget on the new value.
File your PRE
A Principal Residence Exemption (Form 2368) exempts your home from up to 18 mills of school operating taxes.
Check the address
Some Birmingham mailing addresses are in Bloomfield Township, and the school district crosses city lines.
Plan your cash to close
Add about 2–5% for closing costs. See the Michigan closing costs guide.
Your path to closing
- 10-minute callShare your goals, budget and timeline.
- Pre-approval or options reviewTania reviews income, assets and credit and recommends a program.
- Offer or applicationShop with confidence, or start your refinance.
- Appraisal, approval & closingTania keeps your file moving and you updated.
Refinance or Tap Your Equity Instead
If you're staying put, Tania can help you lower your rate, shorten your term or put your equity to work. See refinancing in Birmingham and home equity options or compare cash-out and rate-and-term refinancing.
Questions from Birmingham Home Buyers
Do I need a jumbo loan to buy a home in Birmingham, MI?
Only if your loan amount is above the 2026 conforming limit of $832,750 for a one-unit home in Oakland County. Many Birmingham homes sell above that, but a larger down payment can keep the loan conforming. For example, on a $1,000,000 home, 20% down leaves an $800,000 conforming loan.
Can I buy a downtown Birmingham condo with a low down payment?
Often, yes, but the condo project matters as much as you do. Lenders review the association's budget, reserves, insurance, owner-occupancy and any litigation. FHA and VA loans also require the project to be approved. Tania can check a building before you make an offer.
Do HOA dues affect how much I can borrow?
Yes. Monthly association dues count in your debt-to-income ratio along with principal, interest, taxes and insurance, so a condo with higher dues lowers the price you qualify for.
Will my Birmingham property taxes be the same as the seller's?
Probably not. Michigan uncaps a home's taxable value when it sells, so your taxes are recalculated the year after you buy. Budget on the new value, and file a Principal Residence Exemption (Form 2368) to exempt your home from up to 18 mills of school operating taxes.
Does a Birmingham mailing address mean the home is in the City of Birmingham?
Not always. Some homes with a Birmingham mailing address are in neighboring Bloomfield Township, and the Birmingham Public Schools district also covers parts of several nearby communities. Check the municipality and school district for any home you're considering.
Can I buy a new Birmingham home before I sell my current one?
Possibly. Options include qualifying with both payments, using a home equity line of credit on your current home for the new down payment, or making an offer contingent on your sale. Tania can model which approach fits your income and equity.
How do I get pre-approved to buy in Birmingham?
Call Tania at 248-385-3986 or email tania.y@swifthomeloans.com. She works from Swift Home Loans' office on East Maple Road in Birmingham and will review your income, assets and credit, recommend conforming or jumbo financing, and issue a pre-approval letter.
Home Loans Near Birmingham
Tania helps buyers and homeowners across Oakland County, Macomb County and Southeast Michigan. See all loan programs and service areas.
Ready to Buy in Birmingham?
Get a free pre-approval and a jumbo vs. conforming comparison from a mortgage specialist right here in Birmingham.