Bloomfield Hills Mortgage Company

Trying to find a good Bloomfield Hills mortgage company that will act in your best interests can be more challenging than it seems. A lot of companies will try to box in their clients, influencing them to take a specific type of loan – whether or not it’s really best for their finances to do so. We’ve never taken that approach at Gem Home Loans, and we never will. In fact, the reason we started this company is to fight back against that predatory method of doing business.

Choosing the Right Mortgage Broker

We’re biased, obviously, but we think you should always turn to Gem Home Loans whenever you’re in the market for a new home. We’ll do everything we can to get you the best loan at the lowest possible rate – and with the lowest amount of fees. Our team of experts is friendly, passionate, and will make sure you find a loan that will keep you financially stable. We won’t try to sell you on a loan just because it will make a fat commission.

But if you still want to shop around, that’s understandable. While we’ll be here to answer any questions you may have, and make you 100 percent confident in your decision to go with us, we know you might not yet be ready to make your final decision.

When you talk to the different brokers you’re considering, you’re going to want as much information as you can get. That means you’ll want to ask questions – a lot of them. Here are just a few to keep in mind.

• How will you handle the application process? – Just as there are a lot of different brokers, there are also a lot of different ways they handle applications. What’s frustrating for many people is that some brokers are hesitant to tell customers how they work. But you deserve to know. You’ll want to find out how long the typical loan takes to close, and what sort of lender costs and third-party fees you’ll have to pay. Also, find out what you’ll need to do to have the highest probability of being able to qualify for a home loan. There are a lot of factors that go into this, of course, including your debt-to-loan ratio, credit score and more.

• How much experience do you have? – The more experience a broker has, the more confident you’ll be that they know what they’re doing. If possible, go with a company that has been in business for a substantial amount of time. This will be even more important if you’re a first-time homebuyer. The reason is this process can be very complex. If you’re dealing with an experienced mortgage broker, they’ll be able to explain things in a very clear, easy-to-understand manner.

• How well do you communicate? – There’s nothing much more frustrating than dealing with a mortgage company that won’t be there when you need them the most. You’ll want to work with a company that will be available when you have questions, and will update you throughout the application process.

It’s easy for us to say that Gem Home Loans is the best Bloomfield Hills mortgage company. We’re more than willing to prove it to you. Put us to the test by contacting us online or calling (248) 780-1030.