Find Mortgage Refinance Companies Near You in Madison Heights, MI
Browse mortgage refinance companies serving Madison Heights, 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 2 mortgage refinance companies in Madison Heights, 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 Madison Heights Cost?
Typical costs for a mortgage refinance in Michigan include an origination fee of 0.5 to 1.5 percent of the loan amount, an appraisal fee of 400 to 700 dollars, and title insurance costs of 500 to 1,500 dollars. Closing costs generally range from 2 to 5 percent of the loan principal. These amounts vary based on your loan size and lender. 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 for refinancing in Madison Heights Michigan?
You typically need recent pay stubs, tax returns, bank statements, and a photo ID. Michigan lenders also require a property appraisal to confirm your home value. Gather these items before you apply to speed up the process.
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 occur if the appraisal is slow or if additional documents are needed. Your lender will provide a timeline after reviewing your application.
Are there Michigan specific rules for refinancing a home?
Yes, Michigan law requires lenders to disclose all fees and terms clearly in the Loan Estimate. Michigan also has a 3 day right of rescission for most refinances, meaning you can cancel the loan within three business days after signing.