If you are looking to purchase a home, cash out your home equity or refinance a mortgage, Michigan mortgage brokers can help. As independent agents, mortgage brokers in Michigan can offer you mortgages, home equity loans, home equity lines of credit and other real estate lending products from a number of banks and credit unions. Michigan mortgage brokers can also give you access to loans from out-of-state banks who may offer more competitive rates than a Michigan-based mortgage lender.
The Mortgage and Consumer Finance Division of the Michigan Department of Labor & Economic Growth is responsible for handling all aspects pertaining to the mortgage broker business in Michigan. Mortgage brokers are primarily overseen by the Office of Financial and Insurance Services. However, all mortgage brokers must be licensed by the National Mortgage Licensing System, which requires numerous hours of continuing education plus ethics and professional courses.
The best way to find a reputable Michigan mortgage broker is by comparison shopping. To help you with this process, we’ve compiled a list of top mortgage brokers in Michigan organized by location. We’ve also included business hours, office locations and contact information as well as a brief overview of the lending services offered by each mortgage broker. Choose two or three mortgage brokers who appeal to you and get quotes from each one. |