Find Mortgage Lenders in Rochester Hills, MI
Compare mortgage lenders in Rochester Hills. Review contact information and insurance categorys before you decide.
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
State Mortgage Licensing Authority of Michigan before hiring.
Showing 7 mortgage lenders in Rochester Hills, 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.
What Does a Mortgage Lender in Rochester Hills Cost?
Typical costs for a mortgage lender in Michigan include an origination fee of 0.5 to 1 percent of the loan amount, appraisal fees from 400 to 700 dollars, and title insurance costs of 500 to 1,500 dollars. Closing costs in Michigan generally range from 2 to 5 percent of the purchase price. This is general information and 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 documents do I need to apply for a mortgage in Rochester Hills Michigan?
You typically need pay stubs, tax returns, bank statements, and photo identification. Michigan law also requires proof of homeowners insurance before closing.
How long does the mortgage process take in Michigan?
The process usually takes 30 to 45 days from application to closing. Michigan requires a three business day review period after you receive your Closing Disclosure.
Are there special mortgage programs for first time buyers in Michigan?
Yes, the Michigan State Housing Development Authority offers down payment assistance and low interest loans for qualified first time buyers. These programs have income and purchase price limits.