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Compare Mortgage Lenders in South Lyon, MI

Compare mortgage lenders in South Lyon. Review contact information and insurance categorys before you decide.

4 agents listed
Updated May 2026
South Lyon, 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 South Lyon, 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 1 South Lyon
415 S Lafayette St, South Lyon, MI 48178
2484861117
MORTGAGE 360, INC
1159 Colt Ln, South Lyon, MI 48178
2484379096
Chase Home Lending
51967 10 Mile Rd, South Lyon, MI 48178
5615232777
PNC Mortgage
200 W Lake St, South Lyon, MI 48178
2484378151

Mortgage lenders in South Lyon, Michigan help homebuyers and homeowners secure financing for residential properties. Michigan law requires lenders to provide a Good Faith Estimate of closing costs within three business days of a loan application. Local lenders understand the South Lyon real estate market and can guide you through Michigan specific requirements like the State Equalized Value for property tax assessments.

What Does a Mortgage Lender in South Lyon Cost?

Typical costs for a mortgage lender in Michigan include an origination fee of 0.5 to 1 percent of the loan amount, appraisal fees of 400 to 700 dollars, and title insurance of 500 to 1,500 dollars. Closing costs in Oakland County generally range from 2 to 5 percent of the purchase price. 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 South Lyon?
You typically need recent pay stubs, tax returns, bank statements, and a government issued ID. Michigan lenders also require proof of homeowners insurance before closing.
How long does the mortgage process take in Michigan?
The process usually takes 30 to 45 days from application to closing. Michigan law allows a three day rescission period for refinances but not for purchase loans.
What is the minimum down payment for a home in South Lyon?
Minimum down payments vary by loan type. FHA loans require 3.5 percent down, conventional loans often allow 3 percent, and VA loans may require zero down for eligible borrowers.