Find Mortgage Refinance Companies in Bloomfield Hills, MI
Looking for a mortgage refinance company in Bloomfield Hills? Review the directory below to compare your options.
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 14 mortgage refinance companies in Bloomfield Hills, 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.
What Does a Mortgage Refinance Company in Bloomfield Hills Cost?
Typical costs for a mortgage refinance in Michigan include an origination fee of 0.5 to 1 percent of the loan amount, an appraisal fee of 400 to 700 dollars, and title insurance of 500 to 1,500 dollars. Michigan also imposes a recording tax of 0.55 percent on the new loan amount. Total closing costs often range from 2 to 5 percent of the loan principal. This is general information, 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 refinance a mortgage in Bloomfield Hills?
You typically need pay stubs, tax returns, bank statements, and proof of homeowners insurance. Michigan lenders also require a property appraisal to confirm home value.
How long does a mortgage refinance take in Michigan?
A standard refinance in Michigan usually takes 30 to 45 days from application to closing. Delays can happen if additional documentation is needed or if the appraisal takes longer.
Are there Michigan specific fees for refinancing a mortgage?
Michigan charges a mortgage recording tax of 0.55 percent of the loan amount for new mortgages. There is also a state transfer tax of 0.11 percent on the property sale price, but refinances may be exempt if no new money is taken out.