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Compare Mortgage Lenders in Ferndale, MI

Browse mortgage lenders serving Ferndale, Michigan. Contact information and addresses listed below.

4 agents listed
Updated May 2026
Ferndale, 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 Michigan before hiring.
Showing 4 mortgage lenders in Ferndale, 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.
David Wechsler @ The Mortgage Consultant
1603 E 9 Mile Rd, Ferndale, MI 48220
2485143489
Home Jim - Jim Kleiner
Woodward Ave, Ferndale, MI 48220
3134706622
Lamar Mortgage Group, LLC
23241 Woodward Ave, Ferndale, MI 48220
2487031238
Specialty Mortgage LLC
226 Withington St Unit 8, Ferndale, MI 48220
3136147248

Mortgage lenders in Ferndale Michigan help homebuyers and homeowners secure financing for home purchases, refinances, and renovations. Michigan law requires lenders to be licensed through the Michigan Department of Insurance and Financial Services. Ferndale offers a mix of historic homes and new construction, making local mortgage expertise valuable.

What Does a Mortgage Lender in Ferndale Cost?

Mortgage lender costs in Michigan typically include an origination fee of 0.5% to 1% of the loan amount, plus third-party fees for appraisal, credit report, and title services. Total closing costs often range from 2% to 5% of the purchase price. For a $250,000 home, expect closing costs between $5,000 and $12,500. 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 Ferndale Michigan?
You typically need recent pay stubs, W-2 forms, tax returns, bank statements, and a valid ID. Michigan lenders may also require proof of homeowners insurance and a property appraisal.
How long does the mortgage process take in Michigan?
The mortgage process in Michigan usually takes 30 to 45 days from application to closing. Delays can occur if additional documentation is needed or if the property requires special inspections.
Are there first-time home buyer programs in Ferndale Michigan?
Yes, Michigan offers the MSHDA first-time home buyer program with down payment assistance and competitive interest rates. Ferndale residents may also qualify for local grants through Oakland County.