Mackinac Savings Bank, FSB

Mackinac Savings Bank, FSB is a community bank with a national reach. We make home loans in all 48 of the continental United States. First Time Home Buyers love our financial assistance programs. From $5,000 to $10,000 is available to help put deserving people into good homes. Certain restrictions apply, call us for details. Mackinac helps prospective home buyers to improve their credit score to enable them to get better terms and lower interest rates on their home loan through our FREE credit improvement program. Not all home buyers can be helped; a consultation with a Mackinac loan officer will help you to know our options. Mackinac is a HUD-FHA Direct Endorsement lender and offers purchase and combination purchase & renovation home loans. Our experience with many "down to the wall studs" rehabilitation projects gives us the experience you need to rely on for your rehabilitation project. Hard to get Cooperative Apartment loans are offered in Florida and Michigan. Mackinac is the first Florida and Michigan based lender approved as a Seller-Servicer by Fannie Mae. Mackinac even offers hard-to-get Share Loans for cooperatives located on leased-land. As a portfolio lender, Mackinac offers unique property and borrower loans that help get property sold that would otherwise struggle due to federal agencies restrictive guidelines.