Conventional
3% down
Most common in Grand Rapids, strong inventory at this tier
Mortgage Rates in Grand Rapids, MI
Current mortgage rates in Grand Rapids for conventional, FHA, VA and jumbo loans. Kent County expertise, MSHDA programs and fast closings across the Greater Grand Rapids metro.
No credit impact to see your personalized rates. Pre-qualification is a soft pull.
Why Grand Rapids buyers choose TouchPoint
- Local expertise across the metro
- Same-day pre-qualification
- Closings in 18–25 days, not 45
- NMLS-licensed loan officer available when you need one
- 24/7 AI assistant (Ava) for any question, no pressure
Loan programs available in Grand Rapids
FHA
3.5% down
Popular for first-time buyers in Grand Rapids proper
VA
0% down
Strong VA demand from veteran-heavy West Michigan
Jumbo
to $1M+
East Grand Rapids, Ada, Cascade, lakefront properties
MSHDA
Up to $10K
MI State Housing Development Authority loans available
Rural Development
0% down
USDA RD loans in qualifying rural parts of Kent County
Grand Rapids market snapshot
| Median home price | $320,000 |
|---|---|
| Property tax rate | ~1.4% effective (Kent County) |
| Transfer tax | None in Michigan (statewide) |
| Typical days on market | 21 days |
Market data is approximate and based on recent county-level trends. Actual figures vary by neighborhood and property type. TouchPoint does not guarantee any specific rate or term.
Areas we serve in and around Grand Rapids
East Grand Rapids, Ada, Cascade, Alpine, Byron Center, Hudsonville, Jenison, Walker, Comstock Park, Wyoming, Kentwood
Frequently asked questions about mortgages in Grand Rapids
Is Grand Rapids a buyers market or sellers market?
As of late 2026 the Grand Rapids market is roughly balanced, with homes selling in around 21 days on market. Inventory has improved from the 2021-2022 lows but well-priced homes in desirable school districts still move fast.
What credit score do I need in Grand Rapids?
Conventional loans start at 620, FHA at 580 with 3.5% down, VA loans have no official minimum but most lenders want 580+. TouchPoint works with borrowers across the spectrum.
Does Grand Rapids have down payment assistance?
Yes, through MSHDA statewide programs and Kent County-specific initiatives. The federal Mortgage Credit Certificate is also available in MI. Income and purchase price limits apply.
How long does it take to close in Grand Rapids?
TouchPoint closes most Grand Rapids purchases in 18-25 days when appraisal and title come back clean. Refis typically run 14-21 days. Title work in Kent County is generally efficient.
Ready to see your Grand Rapids mortgage options?
Pre-qualify in about 60 seconds. No credit impact, no commitment, no pressure.
Get my rates