Important: Listings are compiled from publicly available sources and have not been independently verified by BeforeMortgageUSA.com. We do not endorse any broker or guarantee outcomes. Verify licensing and disciplinary status with the Michigan before hiring.
Showing 2 mortgage brokers in Taylor, MI
Listings are displayed in no particular order and are not ranked by BeforeMortgageUSA. Order does not constitute a recommendation or endorsement of any broker.
Nick Mastropietro: Barrett Financial Group, LLC
14536 Gulley St, Taylor, MI 48180
2163399817
Zach Toilolo - Mortgage Loan Officer - DFCU Financial
22415 Wick Rd, Taylor, MI 48180
3133228548
What Does a Mortgage Broker in Taylor Cost?
Typical mortgage broker costs in Michigan include an origination fee of 0.5% to 1% of the loan amount plus third party fees for appraisals and credit reports. For a $200,000 loan this could range from $1,000 to $2,000 in broker fees. Some brokers may charge a flat fee or be compensated by the lender. Costs vary by loan type and borrower situation. This is general information not mortgage or financial advice.
* Cost estimates are general ranges based on publicly available data and compiled using automated research tools. Actual fees vary by agent and case complexity. This is not mortgage or financial advice — consult directly with an agent for fee specifics.
Frequently Asked Questions
What does a mortgage broker do in Taylor Michigan?
A mortgage broker acts as an intermediary between you and multiple lenders to find a suitable home loan. They handle paperwork and compare rates on your behalf. In Michigan brokers must hold a state license and provide a good faith estimate of costs.
How do I choose a mortgage broker in Taylor?
Look for a broker with a valid Michigan license and positive client reviews. Ask about their experience with local lenders and typical loan products. You can verify a brokers license through the Michigan Department of Insurance and Financial Services.
Are there Michigan laws that protect borrowers using a mortgage broker?
Yes the Michigan Mortgage Brokers Act requires brokers to disclose all fees and terms in writing. Borrowers have a three day right of rescission on most refinance loans. Brokers must also follow federal Truth in Lending Act rules.