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Compare Mortgage Lenders in Woodhaven, MI

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

2 agents listed
Updated May 2026
Woodhaven, 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 2 mortgage lenders in Woodhaven, 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, Downriver
21643 Allen Rd, Woodhaven, MI 48183
7343414322
Mortgage, Bank of America
16124 West Rd, Woodhaven, MI 48183
7344722382

Mortgage lenders in Woodhaven Michigan help home buyers and homeowners secure financing for property purchases and refinancing. Michigan law requires lenders to be licensed under the Mortgage Lenders Act (Public Act 173 of 1989) and to follow specific disclosure rules. Local lenders understand the Woodhaven real estate market and can guide you through the process from pre approval to closing.

What Does a Mortgage Lender in Woodhaven Cost?

Typical costs for a mortgage in Michigan include an origination fee of 0.5% to 1% of the loan amount, appraisal fees of $400 to $700, and title insurance of $500 to $1,500. Closing costs generally range from 2% to 5% of the purchase price. Michigan also charges a state transfer tax of $3.75 per $500 of property value. These costs vary by lender, loan type, and property location. 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 Woodhaven Michigan?
You typically need pay stubs, tax returns, bank statements, and photo identification. Michigan lenders also require proof of homeowners insurance and a property appraisal. The exact list depends on your loan type and lender requirements.
How long does the mortgage process take in Michigan?
The mortgage process usually takes 30 to 45 days from application to closing. Michigan law requires a three day right of rescission for refinances under the Truth in Lending Act. Delays can happen if the appraisal or title work takes longer.
Are there special mortgage programs for Michigan first time home buyers?
Yes, the Michigan State Housing Development Authority (MSHDA) offers down payment assistance and lower interest rates for eligible first time buyers. These programs have income limits and purchase price caps. Local lenders in Woodhaven can help you apply for MSHDA loans.