Find Mortgage Lenders in Dearborn, MI
Browse mortgage lenders serving Dearborn, Michigan. Contact information and addresses listed below.
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 20 mortgage lenders in Dearborn, 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.
Mortgage lenders in Dearborn Michigan help homebuyers secure financing for residential properties. Michigan law requires lenders to be licensed through the Michigan Department of Insurance and Financial Services. Dearborn borrowers can find lenders offering conventional FHA and VA loans tailored to local housing market conditions.
What Does a Mortgage Lender in Dearborn Cost?
Typical costs for a mortgage lender in Michigan include an origination fee of 0.5 to 1 percent of the loan amount and third party fees for appraisal title search and credit report. Closing costs in Michigan usually range from 2 to 5 percent of the purchase price. For a 200000 dollar home expect total closing costs between 4000 and 10000 dollars. 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 Dearborn Michigan?
You typically need pay stubs tax returns bank statements and photo ID. Michigan lenders also require proof of homeowners insurance and a property appraisal. Self employed borrowers may need additional profit and loss statements.
How long does the mortgage process take in Michigan?
The average mortgage process in Michigan takes 30 to 45 days from application to closing. Michigan law requires a three day right of rescission period for most refinances. Delays can occur if appraisal or title work takes longer than expected.
Are there special mortgage programs for Michigan first time homebuyers?
Yes the Michigan State Housing Development Authority offers down payment assistance and low interest loans for first time buyers. Dearborn residents may also qualify for local programs through Wayne County. These programs have income limits and require homebuyer education courses.