Underwriting Approved Certificate This new program is the highest level of approval a buyer/borrower can obtain without yet choosing a property. Our experienced Loan Officer will open a loan file, assign a loan number, take the application, gather the buyers’ income documents, bank/investment statements and credit report, submit the file for automated underwriting and have a live underwriter approve the loan subject to title and appraisal if required at all.

You cannot get more approved than “Underwriting Approved!” This lets the Seller’s Agent/Broker know the buyer is the real deal and is “Underwriting Approved.”

NMLS ID: 131062

Living in Farmington Hills

Moving to Farmington Hills in the Metro Detroit area? You probably are wondering what it will be like to live in this affluent suburb.

In this guide, we will go over the cost of living, employment opportunities, schools, and more for Farmington Hills. Let’s get started.

Cost of Living in Farmington Hills

What is the Cost of Living in Farmington Hills?

First, you probably want to know how expensive it is to live in Farmington Hills. Let’s take a look at what Sperling’s Best Places has to say on the subject.

Sperling’s uses a scale to rank cost of living where the US average is represented by 100. Values below that amount are under the average US cost of living, and values above that amount are those that surpass the US average cost of living.

On that scale, Farmington Hills receives a rating of 108.5. So, the cost of living is just slightly higher than it is nationwide on average. This is not unusual, considering it is part of a major metropolitan area.

As you will discover when we discuss employment opportunities, earnings in this area tend to be higher as well, which can compensate for those higher costs.

There are also some costs that are lower in Farmington Hills than in the US on average. These include groceries and healthcare.

Housing Cost in Farmington Hills?

What Does Housing Cost in Farmington Hills?

The cost of housing in Farmington Hills is slightly higher than it is nationwide on average.

The median home cost Sperling’s lists for the USA is $291,700. In Farmington Hills, it is $314,900.

Employment Opportunities in Farmington Hills

Employment Opportunities in Farmington Hills

The US Census reported a median US household income of $65,712 in 2019. For the period from 2015 through 2019, however, the Census reports a much higher median household income of $83,268 for Farmington Hills.

The per capita income for the same time period is $45,494.

When you consider how much more you can potentially earn in this community than in many others across the country, you can see that it is a great place to grow your career and your wealth.

Some of the top employers in Farmington Hills include Beaumont Hospital, Robert Bosch Corporation, Nissan Technical Center North America, Hitachi, Farmington Public Schools, TRW Automotive Electronics, Mercedes-Benz Financial Services, Concentrix, Cengage Learning Gale, and Mahle.

Farmington Hills Education

Farmington Hills Education

Most children attend schools that are part of Farmington Public Schools, though some may attend schools in the Walled Lake Consolidated School District or the Clarenceville School District. Along with its public schools, Farmington Hills is home to multiple private schools as well.

Sperling’s provides data on how much communities spend on public education. The US average is $12,383 per student. But Farmington Hills schools go above and beyond, spending $14,471 on each student.

For higher education, students may attend Oakland Community College or Wayne State University, Michigan State University and University of Michigan. The Michigan School of Professional Psychology also is based here.

Farmington Hills Crime Rates

Farmington Hills Crime

Sperling’s ranks crime from 1 to 100 where 100 represents the highest crime and 1 represents the lowest crime.

On that scale, the US average for violent crime is 22.7. In Farmington Hills, by contrast, violent crime receives a rating of only 11.4.

The US average property crime is rated at 35.4. In Farmington Hills, property crime is only rated at 20.8.

So, this is a very safe place to live, making it ideal for raising a family.

Getting Around Farmington Hills

Getting Around Farmington Hills

Now you know about employment, education, and safety for Farmington Hills. But how do you get around the area?

If you are looking for public transit, you can take the buses operated by Suburban Mobility Authority for Regional Transportation (SMART).

Given that this is the only public transit, it is not a surprise that most people drive to work.

Sperling’s reports that 86.8% of people drive themselves, while 7.2% of people carpool. 4.1% work from home (that percentage has likely risen since the pandemic), while 0.5% use mass transportation.

Weather in Farmington Hills

How is the Weather in Farmington Hills?

Next, you are probably wondering what the climate is like in Farmington Hills. Sperling’s uses a scale where 10 is the most pleasant climate, and gives Farmington Hills a rating of 6.8 on that scale. The site adds that this “means it is one of the most pleasant places in Michigan.”

Temperatures in summer range up to as high as 83 degrees Fahrenheit, while they drop down to as low as 16 degrees Fahrenheit in winter. There are around 33 inches of rain each year, and 39 inches of snow.

So, if you enjoy four distinctive seasons, you will probably be quite happy with the climate in Farmington Hills.

Leisure and Entertainment in Farmington Hills

Leisure and Entertainment in Farmington Hills

On your days off, what is there to do in the Farmington Hills area? There are many popular local destinations to explore. Some of these include Heritage Park, the Farmington Hills Nature Center, Carpenter Lake Nature Preserve, and Greenmead Historical Village.

You can also commute to Detroit to visit additional attractions like the Detroit Institute of Arts, Campus Martius Park, the Michigan Science Center, and West River Walk.

Detroit is also home to the Detroit Lions, the Detroit Tigers, the Detroit Pistons, and the Detroit Red Wings. So, sports fans will find plenty to entertain them here as well.

Move Into Your Farmington Hills Dream Home

Now you know what it is like to live in Farmington Hills! If you are ready to enjoy all this Metro Detroit community offers, we can help you buy a home with a suitable mortgage. Please call us today at (248) 788-0800 or toll free at (800) 945-4506 then press 2, to schedule your free consultation.

We not only serve Farmington Hills and the Metro Detroit area, but also the entire state of Michigan and beyond.

We are licensed in Michigan, Alabama, Colorado, Connecticut, Florida, Indiana, Iowa, Kentucky, Louisiana, Massachusetts, Michigan, New Hampshire, North Carolina, Ohio, Pennsylvania and Tennessee. In any of those states, we can help you purchase a home or refinance your mortgage.

MMS Mortgage Service Areas

See What Our Clients Are Saying About Us

Jennifer Churchill
Jennifer Churchill
19:27 21 May 24
JoAnn with MMS Mortgage Services was super helpful, attentive to the details, and kept things moving along - in a friendly way! - getting me to closing day smoothly. She even helped coordinate an out-of-state notary to come to me so we could close in a timely manner. I LOVE my new house, and am grateful to JoAnn for her part in getting me here!
Hayden Collins
Hayden Collins
16:01 07 Feb 24
JoAnn was incredible! As first time homebuyers, the process was definitely confusing and a little stressful. Our previous lender we worked with was not helpful, and failed to explain everything to us. JoAnn was incredibly patient, responsive, and knowledgeable. We closed on our home quicker than we expected, and got so lucky with her. I will recommend anyone to JoAnn without a doubt!
Eric Gilkie
Eric Gilkie
23:16 03 Dec 23
I have been a customer for 18 years and when i. Done payinv off my mortgage i will miss this customer service alwayx go the long mile for you never give up on you