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2024

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Best Mortgage Refinance Companies in Farmington Hills, MI

Our Recommended Top 15

We did the research for you!

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Our goal is to connect people with the best local professionals. We scored Farmington Hills Mortgage Refinance Companies on more than 25 variables across five categories, and analyzed the results to give you a hand-picked list of the best.

56Reviewed

39Curated

15Top Picks

Learn about our selection process.

Providers

featured provider = Featured Provider

28275 Orchard Lake Road, Suite 102, Farmington Hills, MI 48334
WebsiteLicense: 1439605

Expertise.com Rating

Review Sources

Facebook
5.0 (11)
Google
5.0 (5)

Why choose this provider?

Option 1 Mortgage, LLC, has been working with people in and around Farmington Hills for two decades. Its mortgage experts help homeowners who want to fund their current loans through refinancing, as well as those applying for a home purchasing loan. They work to provide the support needed by customers struggling to secure a loan due to their financial standings or credit history. The business collaborates with several lenders offering various loan products to meet clients' unique demands.

  • New Construction

29444 Northwestern Hwy, Southfield, MI 48034
WebsiteLicense: 2025962

Expertise.com Rating

Review Sources

Google
4.9 (303)
Facebook
4.3 (7)

Why choose this provider?

Since 2020, Extreme Loans has been responding to the mortgage needs of real estate investors and homeowners in Farmington Hills and the surrounding areas. The office offers various residential loan programs, such as fixed- and adjustable rates, USDA, FHA, jumbo, reverse, and interest-only mortgages. Its loan officers educate clients throughout the home selling, refinancing, and purchasing process. Branch manager Zack Jabro has been working in the industry for over 20 years. Extreme Loans has been featured in Daily Herald and Yahoo! Finance.

  • New Construction

22260 Haggerty Rd Suite 360, Northville, MI 48167
WebsiteLicense: 2213739

Expertise.com Rating

Review Sources

Google
4.9 (78)

Why choose this provider?

Liberty 1 Mortgage serves individuals and families throughout Farmington Hills and the nearby cities. It helps clients apply for loan programs to address their mortgage refinancing needs. It is available to assist first-time home buyers, military veterans, and individuals with minimal credit scores to compare loans to find suitable programs for their financial needs and goals. Liberty 1 Mortgage has been operating for over a decade. It is open 24/7 to provide homeowners with mortgage solutions.

  • New Construction

Farmington Hills, MI
WebsiteLicense: 1925321

Expertise.com Rating

Review Sources

Google
5.0 (20)
Facebook
4.2 (5)

Why choose this provider?

Superior Home Lending is an independent mortgage brokerage firm that caters to clients in Farmington Hills and the surrounding areas. It works with individuals seeking a mortgage program to buy their first homes, as well as those who are planning to refinance an existing loan to shorten the term length or cash out equity for home improvement or vacation purposes. Its president and CEO, Michael Fick, personally guides and advises borrowers through the entire loan process.

  • New Construction

31000 Northwestern Hwy,, Farmington Hills, MI 48334
WebsiteLicense: 1829872

Expertise.com Rating

Review Sources

Google
5.0 (32)

Why choose this provider?

Top Mortgage helps borrowers needing to restructure their existing loans in Farmington Hills. It connects clients to funding options that readjust terms and interest rates and gain cash from equities. It aims to transform the complex loan process into easy-to-understand steps. Its loan officers assess borrowers qualified for refinancing based on credit scores, sufficient income, and on-time monthly payments. They also evaluate paperwork, process pre-approval letters, and shortlist programs suitable to clients' needs. Company CEO Alex Dohaini has been working in the mortgage industry since 2006.

  • New Construction

25882 Orchard Lake Rd, L-11, Farmington Hills, MI 48336
WebsiteLicense: 1683183

Expertise.com Rating

Review Sources

Google
5.0 (37)
Facebook
5.0 (32)
Yelp
5.0 (1)

Why choose this provider?

Regal Home Lending is a mortgage company that guides borrowers in the Farmington Hills metro. It assists first-time home buyers in purchasing their dream houses by providing loan programs such as FHA, VA, and 30-year fixed-rate mortgages. The team assists clients in refinancing their existing mortgages to help reduce their monthly payments, consolidate high-interest debt, or shorten their loan terms. Its other products include USDA, rehab, and jumbo loans. President Bob Vensko has over 15 years of experience in the industry.

  • New Construction

30840 Northwestern Hwy Suite 200, Farmington Hills, MI 48334
WebsiteLicense: 2060573

Expertise.com Rating

Review Sources

Google
4.7 (27)
Facebook
5.0 (2)

Why choose this provider?

Modern Mortgage Financial originates loans in and around Farmington Hills. It helps clients navigate the loan refinancing process, whether it involves a rate-and-term, cash-out, or cash-in transaction. To eliminate PMI, consolidate debts, or switch to a mortgage with more favorable terms, the company offers conventional, fixed-rate, FHA, and VA loans and USDA refinance as a low-rate option. Jumbo loans are also provided for high-net-worth borrowers. In addition, Modern Mortgage Financial caters to first-time homeowners and self-employed individuals.

  • Reverse Mortgages

31700 Middlebelt Road, Farmington Hills, MI 48334
WebsiteLicense: 2280864

Expertise.com Rating

Review Sources

Google
4.5 (64)

Why choose this provider?

Lending Force is a mortgage business headquartered in Farmington Hills. The company offers homeowners refinancing options, including cash out and rate and term types. For home buyers, its team of loan officers helps with a selection of services, such as guiding them through the closing process, providing advice on negotiating deals, assisting in the evaluation of a house's future resale potential, and arranging mortgage choices. Lending Force has funded $150 million in loans with an average approval period of one day.

  • Reverse Mortgages

33966 W. 8 Mile Rd #101, Farmington Hills, MI 48335
WebsiteLicense: 130290

Expertise.com Rating

Review Sources

Google
5.0 (51)
Facebook
5.0 (4)

Why choose this provider?

Frankiewicz Financial offers mortgage refinancing assistance to clients throughout Farmington Hills and the surrounding metros. The family-owned and family-operated mortgage brokerage company staff has more than 50 years of combined experience in the sector. The loan consultants work closely with clients to evaluate their needs and assist them in finding appropriate refinancing options that fulfill those goals. Loan programs are available for home purchases, whether clients are buying single- or multi-family homes, condominiums, townhouses, or manufactured houses.

  • New Construction

28552 Orchard Lake Rd. Suite 300, Farmington Hills, MI 48334
WebsiteLicense: 2317687

Expertise.com Rating

Review Sources

Google
5.0 (8)

Why choose this provider?

Legacy Home Lending is a mortgage firm that caters to clients in Farmington Hills and nearby areas. Its loan officers assist borrowers seeking to refinance their current mortgages to cash out equity, which they can use to pay for home improvement or repair costs or consolidate outstanding debts. They also accommodate clients who want to purchase their first homes or investment properties through FHA, VA, jumbo, and conventional financing. Mario Hannawa, the firm's president, has been involved in the home financing industry for seven years.

  • Reverse Mortgages

29630 Orchard Lake Road, Farmington Hills, MI 48334
WebsiteLicense: 1716361

Expertise.com Rating

Review Sources

Facebook
5.0 (20)
Google
5.0 (3)

Why choose this provider?

Eagle Home Financial, LLC., provides mortgage refinancing solutions to customers in Farmington Hills. The company's refinancing services cover single-family residences, manufactured homes, townhouses, and condominiums. It offers various mortgage options, including fixed-rate and adjustable-rate, graduated payments, and investment-only mortgages. It takes advantage of technological advancements in the industry by including forms on its website that allow borrowers to submit an application and pre-qualify for a loan. Its website also includes calculators that allow customers to compare their various financing options.

  • New Construction

7071 Orchard Lake Rd Suite 235, West Bloomfield Township, MI 48322
WebsiteLicense: 2096793

Expertise.com Rating

Review Sources

Google
4.9 (65)

Why choose this provider?

Amax Lending is a mortgage company that caters to clients in and around Farmington Hills. It helps individuals seeking mortgage programs who want to buy a new home or refinance their current loans. Clients receive guidance from the firm's professionals throughout the borrowing procedure, from pre-qualification reviews to closing. Amax Lending has more than 13 affiliate lenders, such as Chase, LoanDepot, and Quicken Loans. It has been providing home financing solutions for over 15 years.

39500 Orchard Hill Pl, Novi, MI 48375
WebsiteLicense: 1805970

Expertise.com Rating

Review Sources

Google
4.9 (236)
Facebook
5.0 (20)

Why choose this provider?

Silverline Lending humanizes its mortgage process to obtain solutions that fit the unique situation and financial goals of Farmington Hills residents. It refinances homes to help clients consolidate existing debts, pay off mortgage faster, or reduce monthly payments. Founder Brent Wilson worked for a retail lender, where he and his team have closed over one billion dollars in annual loan volume. After 12 years of assisting borrowers and building teams, he started his business with the aim to make the lending process simpler through personalized service and proactive communication.

  • Reverse Mortgages

39555 Orchard Hill Place Suite 600, Novi, MI 48375
WebsiteLicense: 1429389

Expertise.com Rating

Review Sources

Google
4.9 (35)
Facebook
4.8 (11)

Why choose this provider?

Pathway Mortgage provides home financing solutions to people in Farmington Hills and the surrounding areas. It helps borrowers seeking to refinance an active mortgage for various purposes. Among the refinancing mortgage products it offers are HARP, FHA, VA, jumbo, and conventional loans. These programs cover different types of properties, such as condominiums, townhouses, and single- and multi-family residences. The company works to minimize processing and closing turnaround times and maintain constant communication with its clientele.

  • New Construction

30110 Orchard Lake Rd, Farmington Hills, MI 48334
WebsiteLicense: 129429

Expertise.com Rating

Review Sources

Facebook
4.8 (73)
Google
4.8 (43)

Why choose this provider?

Atlantis Mortgage is a wholesale mortgage company providing refinancing options to home buyers in Farmington Hills. The lender provides a number of mortgage loan alternatives, including fixed-rate and adjustable-rate mortgages, FHA, VA, 203K purchases, and USDA loans. Jumbo loans, no closing cost mortgages, and home equity loans are additional mortgage loan options. For more than 20 years, Atlantis Mortgage has provided mortgage services to Ford employees. Its president, Jason Yourofsky, is also licensed in Texas and Virginia.

  • New Construction

Compare our Top Mortgage Refinance Companies

NameExpertise RatingAddressPromotionsLearn more
Option 1 Mortgage, LLC
28275 Orchard Lake Road, Suite 102, Farmington Hills, MI 48334
Extreme Loans
29444 Northwestern Hwy, Southfield, MI 48034
Liberty 1 Mortgage
22260 Haggerty Rd Suite 360, Northville, MI 48167
Superior Home Lending
Top Mortgage
31000 Northwestern Hwy,, Farmington Hills, MI 48334
Regal Home Lending
25882 Orchard Lake Rd, L-11, Farmington Hills, MI 48336
Modern Mortgage Financial
30840 Northwestern Hwy Suite 200, Farmington Hills, MI 48334
Lending Force
31700 Middlebelt Road, Farmington Hills, MI 48334
Frankiewicz Financial
33966 W. 8 Mile Rd #101, Farmington Hills, MI 48335
Legacy Home Lending
28552 Orchard Lake Rd. Suite 300, Farmington Hills, MI 48334
Eagle Home Financial, LLC.
29630 Orchard Lake Road, Farmington Hills, MI 48334
Amax Lending
7071 Orchard Lake Rd Suite 235, West Bloomfield Township, MI 48322
Silverline Lending
39500 Orchard Hill Pl, Novi, MI 48375
Pathway Mortgage
39555 Orchard Hill Place Suite 600, Novi, MI 48375
Atlantis Mortgage
30110 Orchard Lake Rd, Farmington Hills, MI 48334

FAQs

  • Introduction

    Refinancing a mortgage can be a complicated process, and hiring a mortgage refinancing broker can make it simpler and faster. There are several things you can do to protect your interests and help your broker complete the process for you.

    Check a potential broker’s online reviews to find one with a good reputation. In addition to the opinions of past clients, check to see if a broker has an online portfolio, which can support the reviews you find from past clients to show a broker’s trustworthiness. This can also help you establish if a broker has handled financing for properties similar to yours.

    Get a written summary of a broker’s rates before committing so you know exactly what hiring your chosen mortgage refinance broker will cost. Find out which lenders work with your broker and what information they need to successfully refinance your mortgage.
  • What is an FHA streamline refinance in Farmington Hills?

    An FHA streamline refinance in Farmington Hills is a mortgage option exclusively accessible to homeowners who presently hold an FHA mortgage. Regardless of the current valuation of the home, it could potentially allow a homeowner to refinance at a reduced mortgage rate or shorten their mortgage term. Often, there are no closing costs involved, and homeowners are frequently permitted to miss up to two mortgage payments.

  • What are some things to keep in mind when going through the refinancing process in Farmington Hills?

    Here are some things that you should keep in mind when going through the Farmington Hills refinancing process:

    • Start by working on enhancing your credit score to secure more favorable interest rates.
    • Define your desired interest rates and terms.
    • Research and pick a reliable lender.
    • Get quotes from various lenders, including your current one.
    • Avoid new credit applications.
    • Scrutinize the new loan fees, terms, and payment expectations.
    • Monitor closing costs and potential prepayment penalties for early loan payoff or future refinancing.
  • How does pre-qualification differ from pre-approval in Farmington Hills?

    In Farmington Hills, pre-qualification entails estimating the probable loan amount you might be eligible for. Typically, a knowledgeable loan officer will engage in a discussion with you to establish this pre-qualification figure. On the contrary, for pre-approval, you need to formally apply and undergo a review of your credit and financial background. Once you have the pre-approval document, you'll have an improved ability to speed up the transaction process and negotiate for a more favorable price.

  • How do refinancing and loan modification in Farmington Hills differ from each other?

    When you engage in the process of refinancing your mortgage in Farmington Hills, you have the potential to secure reduced interest rates on your loan. However, there are additional costs associated with it. On the other hand, a loan modification generally involves prolonging the loan term and raising the interest rate but typically doesn't entail any additional charges.

  • How much equity in your Farmington Hills home should you have for refinancing?

    In Farmington Hills, the established requirement for refinancing mandates a loan-to-value ratio of 90%, meaning that your property's appraised value should exceed your existing loan amount by roughly 10%. Furthermore, it's necessary for your property's value to have appreciated since the time of its purchase.

  • How do you refinance a mortgage?

    Decide why you’re refinancing, such as to get a lower interest rate, pay off your loan faster, or to get a lower monthly payment. Share your credit information with your broker along with information about the equity you have in your home. Review your mortgage refinance broker’s quotes and choose the best loan terms.