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Compare Home Equity Loan Specialists in Berkley, MI

Browse home equity loan specialists serving Berkley, Michigan. Contact information and addresses listed below.

3 agents listed
Updated June 2026
Berkley, MI
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 3 home equity loan specialists in Berkley, 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.
One Stop Financial Group LLC
2615 12 Mile Rd, Berkley, MI 48072
(248) 255-5429 onestopfinancialgroup.com
JV Mortgage
3309 Thomas Ave, Berkley, MI 48072
(248) 934-0258 jvmortgage.com
Union Home Mortgage
2769 Coolidge Hwy, Berkley, MI 48072
(248) 864-5927 uhm.com

A home equity loan specialist in Berkley Michigan helps homeowners access the equity in their property through a second mortgage or home equity line of credit. Michigan law requires lenders to follow specific disclosure rules under the Michigan Consumer Protection Act. These specialists work with local Berkley properties and understand Oakland County property values and title requirements.

What Does a Home Equity Loan Specialist in Berkley Cost?

Typical costs for a home equity loan specialist in Michigan include an origination fee of 1 to 2 percent of the loan amount and appraisal fees of 300 to 600 dollars. Closing costs often range from 2 to 5 percent of the loan total. Some lenders charge annual fees for home equity lines of credit. Costs vary by lender loan amount and property location in Berkley. 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 does a home equity loan specialist in Berkley do?
A home equity loan specialist guides you through the process of borrowing against your home equity. They help with loan applications appraisals and closing. In Michigan the specialist must comply with the Michigan Mortgage Brokers Act and provide clear disclosures about fees and interest rates.
What are the requirements for a home equity loan in Michigan?
You typically need at least 20 percent equity in your home a good credit score and proof of income. Michigan law requires a 3-day right of rescission for home equity loans under the Truth in Lending Act. The specialist will also check for any liens on your property in Oakland County.
How long does a home equity loan process take in Berkley?
The process usually takes 30 to 45 days from application to closing. This includes appraisal underwriting and title search. Michigan-specific requirements like the Michigan Property Tax Disclosure may add a few days.

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