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Best Mortgage Brokers in Southfield

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2023
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Assure Loans logo
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License Verified:

License: 1809591

Nationwide Multistate Licensing System and Registry

Assure Loans

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25800 Northwestern Highway Suite 850, Southfield, MI 48075
  • Refinance

Business Description

Assure Loans strives to help individuals and businesses achieve their real estate goals through mortgage refinancing in Southfield. The mortgage broker offers FHA, USDA, VA, and conventional loan options. It finances residential properties including single- and multi-family residences, townhomes, and condominiums. Its team members communicate with clients and evaluate scenarios to determine programs that suit their needs. The firm's service areas include Colorado, California, Florida, Kentucky, Michigan, and Texas. Assure Loans has over 12 years of experience in the industry.

License Verified:

License: 1809591

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 (110)
Facebook
5.0 / 5 (11)

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
Central Mortgage Funding LLC logo
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License Verified:

License: 1699966

Nationwide Multistate Licensing System and Registry

Central Mortgage Funding LLC

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29777 Telegraph Rd, Ste 3090, Southfield, MI 48034
  • Reverse Mortgages
  • Refinance

Business Description

Central Mortgage Funding LLC helps families and individuals in Southfield and nearby areas realize their dream of homeownership. It provides a range of programs, such as VA and FHA loans, interest-only mortgages, and hybrid ARMs. It also helps customers obtain conventional and jumbo loans, aiming to establish long-term relationships by closely working with them throughout the entire mortgage process. The company educates people about the basics of mortgages through the various resources on its website.

License Verified:

License: 1699966

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
4.7 / 5 (451)
Zillow
5.0 / 5 (10)
Yelp
2.5 / 5 (3)

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
Elite Home Funding logo
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License Verified:

License: 1708458

Nationwide Multistate Licensing System and Registry

Elite Home Funding

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30500 Northwestern Hwy. Ste 100, Farmington Hills, MI 48334
  • Refinance

Business Description

Elite Home Funding serves clients in Southfield and the surrounding areas. It helps purchasers of single-family and multifamily units, condominiums, manufactured homes, and townhouses find loan programs that suit their specific needs and circumstances. Its team members guide customers throughout the mortgage process, from pre-approval to closing. The company's loan options include FHA, VA, USDA, and jumbo. Additionally, Elite Home Funding assists people seeking to refinance their current mortgages or use their home equity to secure financial aid.

License Verified:

License: 1708458

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.
4.7
Google
4.8 / 5 (267)

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
Extreme Loans logo
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License Verified:

License: 2025962

Nationwide Multistate Licensing System and Registry

Extreme Loans

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29444 Northwestern Hwy., Southfield, MI 48034
  • Reverse Mortgages
  • Refinance

Business Description

Extreme Loans handles the mortgage needs of clients in Southfield and the surrounding areas. The company helps individuals apply for USDA loans to purchase homes in rural areas with low or zero down payments. It also offers other loan options, such as jumbo, fixed- and adjustable-rate, and interest-only. VA loans are also available for military veterans and their spouses wanting to purchase, improve, or build homes. One of its branch managers, Zach Jabro, brings more than two decades of mortgage experience.

License Verified:

License: 2025962

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 (302)
Zillow
5.0 / 5 (8)
Facebook
4.3 / 5 (7)

(+1 additional source)

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
Fortress Home Mortgage Inc. logo
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License Verified:

License: 135922

Nationwide Multistate Licensing System and Registry

Fortress Home Mortgage Inc.

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1336 S. Main St., Royal Oak, MI 48067
  • Refinance

Business Description

Fortress Home Mortgage Inc. is a brokerage serving clients across Michigan, including Southfield. It connects borrowers with potential lenders that match their individual needs and financial resources. Its loan officers offer home financing options ranging from VA and FHA to USDA loans. The brokerage allows clients to take control of their loans by comparing rates offered by lenders in real-time. It also helps veterans take advantage of their DD214 eligibility. The owner, John Sarkisian, has over 20 years of originating mortgage experience.

License Verified:

License: 135922

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 (72)

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
Kaye Financial Corporation logo
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License Verified:

License: 130290

Nationwide Multistate Licensing System and Registry

Kaye Financial Corporation

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31100 Northwestern Hwy, Farmington Hills, MI 48334
  • Refinance

Business Description

Kaye Financial Corporation is a Farmington Hills-based company that caters to clients across Southfield. It helps them access home financing through mortgages backed by various government agencies, including the VA, FHA, and USDA. The company prepares documents like pre-approval letters to help aspiring homeowners acquire properties. It also guides existing homeowners with the refinancing process and discusses their options to meet a range of financial goals, from modified mortgage terms to lowered interest rates. Kevin Goldman, its president, has a background in accounting.

License Verified:

License: 130290

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 (212)
Facebook
5.0 / 5 (53)

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
Mortgage City logo
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License Verified:

License: 2007168

Nationwide Multistate Licensing System and Registry

Mortgage City

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504 E 4th St, Royal Oak, MI 48067
  • Refinance

Business Description

Mortgage City is a locally owned company that offers financial solutions to Southfield residents. It helps individuals and families apply for conventional, FHA, jumbo, VA, USDA, and non-QM bank statement loans. The team also assists homeowners who want to refinance by recommending the best options for lowering monthly payments, interest rates, and loan terms. The company has an online learning center where potential borrowers can learn about the loan process. Co-owner Alex Foster entered the industry after 18 years as a professional hockey player.

License Verified:

License: 2007168

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 (106)
Facebook
5.0 / 5 (43)
Zillow
5.0 / 5 (31)

(+1 additional source)

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
Mortgage Express logo

License Verified:

License: 1916307

Nationwide Multistate Licensing System and Registry

Mortgage Express

100 Galleria Officentre, Southfield, MI 48034
  • Refinance

Business Description

Mortgage Express provides lending solutions to prospective homebuyers in Southfield. For over two years, it has secured more than $150 million in loan transactions. It recommends funding options for first-time home purchases, property investments, construction and remodeling projects, and mortgage refinancing. The mortgage broker has a mobile app and tracking system that simply pre-approval screenings, document submissions, and application status updates. Its loan officers answer clients’ concerns and vet out multiple lenders offering conventional, jumbo, USDA, VA, and FHA loans to find a match.

License Verified:

License: 1916307

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 (114)

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
Nations Mortgage logo
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License Verified:

License: 2275128

Nationwide Multistate Licensing System and Registry

Nations Mortgage

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25925 Telegraph Rd Suite 410, Southfield, MI 48033
  • Refinance
  • New Construction

Business Description

Nations Mortgage supports clients in Southfield and neighboring communities. It helps buyers of condominiums, single-family and multifamily units, manufactured homes, and townhouses obtain the loan program that fits their specific needs and financial situations. Whether customers need to buy a property as an investment, primary residence, or secondary home, the company's brokers provide them with various loan options such as FHA, VA, USDA, and jumbo loans. They also assist homeowners looking to refinance their current mortgages.

License Verified:

License: 2275128

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 (147)

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
Rapid Mortgage Funding logo
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License Verified:

License: 1798321

Nationwide Multistate Licensing System and Registry

Rapid Mortgage Funding

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30700 Telegraph Rd., Bingham Farms, MI 48025
  • Refinance

Business Description

Rapid Mortgage Funding is a full-service firm that provides lending and refinancing options to people within the Southfield area. Its agents offer comprehensive counsel involving its offered plans, which include 203(k) loans and jumbo mortgages. They also monitor local property values and real estate listings for those seeking to sell or acquire properties. Their selection of tailored mortgage choices provides opportunities for applicants to fund property improvement endeavors, pay off outstanding debts, and reduce their current interest rates and monthly payments.

License Verified:

License: 1798321

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.
4.7
Google
4.8 / 5 (353)
Facebook
2.6 / 5 (14)

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
Rockwood Mortgage logo
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License Verified:

License: 1792262

Nationwide Multistate Licensing System and Registry

Rockwood Mortgage

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33834 Woodward Ave., Birmingham, MI 48009
  • Refinance

Business Description

Rockwood Mortgage offers personalized solutions to Southfield residents. It guides customers in comparing available loan programs such as 15-year or 30-year fixed-rate, adjustable-rate, jumbo, super jumbo, and reverse mortgages to purchase a home or real estate property. The company assists near-underwater and underwater homeowners applying for HARP loans to ease their financial circumstances. Conforming, VA, FHA, and USDA loans are also among the options it provides. Rockwood Mortgage contributes to community organizations like the Anchor Bay Band Boosters.

License Verified:

License: 1792262

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 (107)
Facebook
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
Turbo Mortgage logo
Visit WebsiteWebsite

License Verified:

License: 1925374

Nationwide Multistate Licensing System and Registry

Turbo Mortgage

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30600 Telegraph Rd, Bingham Farms, MI 48025
  • Refinance

Business Description

Turbo Mortgage assists individuals and families in Southfield and the rest of Michigan, guiding them through the loan search, application, and qualification processes. Its loan consultants provide clients with various loan products, including VA, FHA, USDA, and jumbo loans. Clients may also select from mortgage rate options such as interest-only mortgages, graduated payments, and fixed- and adjustable-rate loans. Refinancing options are available for clients looking to cash out equity, consolidate existing debts, or lower monthly payments.

License Verified:

License: 1925374

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 (104)

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
––

Frequently Asked Questions

  • Introduction

    It’s the American dream to buy property, and almost everyone who purchases a home does so with the help of a mortgage broker. It can be intimidating when you don’t know where to begin, what information is necessary, and how to receive a loan. A mortgage broker acts as an intermediary between the applicant and the financial institution.


    The mortgage broker’s role includes comparing loan terms across lenders to find applicants the best options, collecting paperwork the financial institution needs to analyze the application, and guiding the buyer through the underwriting and closing processes. Mortgage brokers can significantly simplify the home buying process.

  • Can mortgage brokers work across state lines?

    Yes, mortgage brokers can work across state lines. However, each state has different licensing requirements for mortgage brokers. Customers should ensure their broker can legally work in another state before going across state lines. Lastly, don’t forget the mortgage process is often time-sensitive, so being in different time zones can be problematic.

  • How do mortgage brokers find lenders?

    Mortgage brokers work independently and act as a bridge between the client and the lender. They reach out to several lenders to form a network and build professional relationships with those they work with often. They use lenders who best meet a client's rates and terms, and some lenders only do business through mortgage brokers.  

  • What credit score do mortgage brokers use?

    There are two credit scoring models in the United States: FICO and VantageScore. Mortgage lenders typically prefer to use FICO. However, each credit bureau uses a different version of the FICO score:

    • Experian uses FICO Score 2
    • Equifax uses FICO Score 5
    • TransUnion uses FICO Score 4

  • Do mortgage brokers help with refinancing?

    Yes, mortgage brokers can help with refinancing. Individuals who have a solid credit score will typically go to their bank to refinance their mortgage. However, if you don't have excellent credit, a mortgage broker may be able to secure you a better interest rate than you could get on your own.

    You pay a fee to the mortgage broker, so you'll want to consider this fee versus your savings in your cost-benefit analysis.
  • Can you work with two mortgage brokers?

    You can definitely work with two mortgage brokers. The advantage of using multiple brokers is that you'll have two people reaching out to several lenders to secure the best rate possible. However, you must ensure you provide matching information to all your brokers. If two brokers provide mismatched information about your application to the same lender, it can send off red flags and delay your approval process.

  • Do mortgage brokers get better deals?

    Yes, a mortgage broker should be able to get you a better deal. Mortgage brokers go to several lenders on your behalf and find the one with the best terms and interest rates. However, note that some mortgage brokers have preferred lenders. A broker may bring you their preferred lender's offer, even if it's not the best one; however, this isn't a regular practice.