The state of Michigan outlined with the state flag overlaid on top of it


VA Loans in Michigan

The VA Loan is one of the most powerful tools available exclusively for military families and veterans. In Michigan, veterans and active-duty military have been taking advantage of the benefits of the VA Loan in cities such as Detroit, Grand Rapids, Warren, Sterling Heights, and Ann Arbor.

The cost of homes across the United States has been steadily increasing in recent years. With a $0 down payment requirement, no PMI, lower interest rates, and a more relaxed credit score requirement, the VA Loan is making homeownership a reality for more military families and veterans in Michigan now than ever before. 

Median Sale Price of Homes in Michigan*



Grand Rapids




Sterling Heights


Ann Arbor


Michigan Statewide Average


*Data pulled from Redfin (October 2022)


Property Taxes in Michigan

In the state of Michigan, property taxes are among the highest in the United States with a rate of 1.45%, well above the national average of 1.07%, according to SmartAsset. Property tax bills must be paid semi-annually each year by February 14 and September 14 for most residents in the state. There are several tax exemptions in Michigan that you may be eligible to take advantage of including for senior citizens, disabled veterans, and more.

VA Disability in Michigan

Common property tax exemptions are reserved for veterans, disabled veterans, seniors over the age of 65, and more. Since these exemptions can vary by county and state and often have strict qualification standards, not every veteran or homeowner qualifies, but those that do are able to reap the benefits of significant savings.

Disabled veterans in Michigan that have a 100% service-connected disability can get a full property tax exemption on their primary residence. Additionally, active-duty military members may also be able to take advantage of homestead tax credits and property tax relief. Since these rates can vary based on location (i.e., exemptions in Detroit may be different from those in Ann Arbor or Grand Rapids), you’ll want to contact your local municipal tax assessor’s office.

Insurance Programs in Michigan

Natural disasters can happen anytime and are often unexpected or occur suddenly which makes it critical that you and your family are sufficiently covered. The most common natural disasters in Michigan that homeowners are insured against include flooding, severe storms, and tornadoes. The best way to ensure you’re getting the best coverage for your location; we recommend you consult with a licensed insurance company.

Military Presence in Michigan

Michigan is home to two military bases: Selfridge Air Force Base and Detroit Arsenal Army Base. With two large military bases and some of the lowest median sale prices for people to take advantage of in the US, there is a very large military presence and population of veterans living in the state of Michigan

VA Home Loan Volume in 2021 in Michigan*

Total Loans


Average Loan Amount


Total Loan Amount (ALL)


Total Purchase Loans


Total Purchase Loans %


Total IRRRL Loans


Total IRRRL Loans %


Total Cash-Out Loans


Total Cash-Out Loans %


*Data pulled from the Department of Veterans Affairs (April 2022)

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FAQ’s about VA Loans in Michigan

How do I buy a house in Michigan? The best way to get started is to give us a call or fill out this form to get started!

How do I find more information about property taxes and exemptions for veterans in Michigan? Click here to read more details regarding major property tax exemptions in every state.

What are the average interest rates in Michigan? Interest rates for VA Loans are often lower than the national average rates for conventional loans. Click here to learn more about interest rates.