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Best Mortgage Refinance Companies in Livonia

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2023
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CND Mortgage logo
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License Verified:

License: 2215900

Nationwide Multistate Licensing System and Registry

CND Mortgage

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33762 Schoolcraft Rd, Livonia, MI 48150
  • Reverse Mortgages

Business Description

CND Mortgage, LLC, caters to the needs of residential property buyers and owners in the Livonia area. The company focuses on different types of loan program options, such as FHA home, USDA, VA, and jumbo loans. Its loan process typically includes determining how much clients can borrow, getting pre-approved, choosing suitable loan programs, and verifying information details, such as credit checks and property appraisals. Customers can submit their applications online and assess their financing options using CND Mortgage's interactive calculators.

License Verified:

License: 2215900

Nationwide Multistate Licensing System and Registry

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
5.0
Home Loan Specialists logo

License Verified:

License: 129386

Nationwide Multistate Licensing System and Registry

Home Loan Specialists

36139 Schoolcraft Rd., Livonia, MI 48150
  • New Construction

Business Description

Home Loan Specialists has been serving clients in Livonia and nearby areas since 1997. It provides mortgage refinancing programs to customers who own condominiums, manufactured homes, single- and multi-family homes, and townhouses. Clients choose this option to consolidate debts, lower interest rates, improve their homes, or take cash out. Conventional, down payment assistance, FHA, and VA loans are among the loan programs offered by the firm. Cheryl Shafer, a senior loan officer, has been in the mortgage industry for over 33 years.

License Verified:

License: 129386

Nationwide Multistate Licensing System and Registry

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
4.8
Google
4.8 / 5 (17)

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
5.0
Responsiveness
Friendliness
Helpfulness
Detail
Market Street Mortgage LLC logo

License Verified:

License: 1911994

Nationwide Multistate Licensing System and Registry

Market Street Mortgage LLC

15530 Middlebelt Rd, Livonia, MI 48154
  • New Construction

Business Description

Market Street Mortgage LLC is a locally owned and operated brokerage firm that serves the residents of Livonia and the surrounding areas. It helps homeowners attain lower interest rates or lengthen the term of their mortgage through refinancing programs. It also provides a variety of home purchase loans and mortgages, including fixed-rate, adjustable-rate, FHA, and VA loans. Owner Desmond Morgan has been working in the mortgage industry for more than nine years. He is a U.S. Marine Corps veteran.

License Verified:

License: 1911994

Nationwide Multistate Licensing System and Registry

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
5.0
Google
5.0 / 5 (7)

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
5.0
Responsiveness
Friendliness
Helpfulness
Detail
Michigan Financial Mortgage Company logo
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License Verified:

License: 165182

Nationwide Multistate Licensing System and Registry

Michigan Financial Mortgage Company

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217 S Center Street, Suite 3, Northville, MI 48167
  • Reverse Mortgages

Business Description

Michigan Financial Mortgage Company helps homeowners in Livonia with their refinancing needs. It offers refinancing options for clients who want to consolidate their debts, secure funds for home improvement, or reduce their mortgage terms. The full-service mortgage brokerage firm helps people find the right loan program by providing them with multiple options and asking questions before making any recommendations. It also strives to make the mortgage process as easy as possible by guiding borrowers from start to finish.

License Verified:

License: 165182

Nationwide Multistate Licensing System and Registry

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
4.8
Google
4.8 / 5 (526)
MiMutual Mortgage -  Livonia, MI logo
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License Verified:

License: 12901

Nationwide Multistate Licensing System and Registry

MiMutual Mortgage - Livonia, MI

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39111 Six Mile Road, Livonia, MI 48152
  • New Construction

Business Description

MiMutual Mortgage is a lending company that provides loans to clients who seek to buy, refinance, and remodel homes. Its team assists with refinance programs designed for various purposes, such as paying less interest, cashing out, or remodeling a home. It also offers VA loans for veterans, active duty military personnel, and certain family members. MiMutual Mortgage operates in Livonia. It was recognized by the Detroit Free Press under the category of Top Workplaces in 2021.

License Verified:

License: 12901

Nationwide Multistate Licensing System and Registry

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
4.9
Google
4.9 / 5 (30)
Facebook
5.0 / 5 (1)

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
5.0
Responsiveness
Friendliness
Helpfulness
Detail
Priority 1 Lending logo
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License Verified:

License: 1375378

Nationwide Multistate Licensing System and Registry

Priority 1 Lending

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38701 W Seven Mile Rd Suite 290, Livonia, MI 48152
  • New Construction

Business Description

Priority 1 Lending helps with the mortgage refinance needs of customers in Livonia. It is a mortgage company that has been in business since 2015. It gives clients access to a home refinance analysis request form that will help identify the loan options based on their specific needs. It also utilizes a task allocation and communication platform that streamlines the operations involved in the lending process. Some of the loan programs it offers are jumbo, VA, USDA, and FHA loans.

License Verified:

License: 1375378

Nationwide Multistate Licensing System and Registry

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
4.8
Google
4.8 / 5 (528)
Facebook
5.0 / 5 (14)
Yelp
5.0 / 5 (1)

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
4.0
Responsiveness
Friendliness
Helpfulness
Detail
––
Rich Financial Group, LLC logo
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License Verified:

License: 156303

Nationwide Multistate Licensing System and Registry

Rich Financial Group, LLC

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34935 Schoolcraft Rd. Ste.104, Livonia, MI 48150
  • New Construction

Business Description

Rich Financial Group, LLC, provides a variety of solutions for residents in the Livonia community and the surrounding areas. The company helps homeowners refinance their existing loans and guides them throughout the process. Its team employs a combined effort in assisting clients with pre-qualification application, mortgage program selection, and closing procedure management. In addition, the crew offers resources from a network of local and national lenders to provide different kinds of options for each client.

License Verified:

License: 156303

Nationwide Multistate Licensing System and Registry

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
5.0
Google
5.0 / 5 (8)
Total Home Lending logo
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License Verified:

License: 140012

Nationwide Multistate Licensing System and Registry

Total Home Lending

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36887 Schoolcraft Road, Livonia, MI 48150
  • New Construction

Business Description

Total Home Lending serves clients in Livonia. It helps borrowers refinance their mortgage to reduce their interest rate, lower monthly payments, consolidate debt, and cash out equity for home improvements. The company also assists clients in securing a loan to buy a house. Some of its loan options include jumbo, VA, FHA, and USDA. It also offers 15-year and 30-year fixed-rate mortgages. Total Home Lending's loan officers have been serving the community for more than 20 years.

License Verified:

License: 140012

Nationwide Multistate Licensing System and Registry

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
4.6
Google
5.0 / 5 (13)
Facebook
4.7 / 5 (9)
Yelp
4.0 / 5 (8)

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
5.0
Responsiveness
Friendliness
Helpfulness
Detail

Frequently Asked Questions

  • 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.
  • 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.

  • How does mortgage refinance work?

    The mortgage refinance process begins with choosing a broker and filling out loan application information. The process continues through underwriting and closing. The new mortgage is then used to pay off and close your original mortgage loan. This leaves you with a new loan and mortgage payment to manage each month.

  • When should you refinance a mortgage?

    If your credit score has improved or mortgage interest rates have dropped, refinancing can potentially save you money. Other reasons to refinance your mortgage include getting a fixed rate instead of an adjustable one or getting a shorter loan term. An increase in your home’s value that can let you access more equity is another reason to refinance.

  • How much does it cost to refinance a mortgage?

    The average cost to refinance a mortgage is $5,000. This amount varies, based on the state and county where the property is located and the loan amount. Common fees incurred when refinancing a mortgage include:

    • Appraisal fee
    • Broker’s fee
    • Credit check fee
    • Loan application fee
    • Recording fee
    • Title search and insurance fee

  • How soon can you refinance a mortgage?

    Some lenders make borrowers wait a minimum of six months before accepting a new mortgage refinancing application. However, when that happens, borrowers can check with other lenders to find one that doesn’t require a wait before refinancing. A mortgage refinance broker can guide you to lenders that allow immediate refinancing.

  • How long does it take to refinance a mortgage?

    The average amount of time it takes to refinance a mortgage is 45 days. In some cases, it may be possible to get it done faster. There also may be times when it takes longer to get a mortgage refinanced.