How to Find The BestÂ Mortgage Brokers in Michigan
The easiest answer is that you've already found one of the best brokers inÂ Michigan Mortgage Solutions and we're here to help. You can call us anytime at (248) 674-6450. Even if you've made up your mind on working with us, it's still a good idea to read the info below and do your own due diligence.
When it comes to buying a house in Michigan, you will need a broker or lender unless you plan on paying cash. While paying cash for a house would be great, most people end up borrowing the money in the form of a home loan. In order to obtain a home loan, you will need to contact a financingÂ professional to determine your ability to do so.
One of the bestÂ ways to find mortgage brokersÂ is by getting a referral from someone you know. This is a great place to start but it's not where you should stop. People often refer a professional to their friends based off having a personal relationship with that professional. This personal relationship has no bearing on the professionalâ€™s ability to do their job so that's why it is still important to do your own due diligence especially when it comes to brokers.
The internet has made the process ofÂ searching for the bestÂ mortgage brokers a lot easier. In fact, you can find out a companies complete online reputation by simply typing the brokersÂ name, city and state, into your favorite search engine like Google or Bing. This will bring up the search results for the company and you can read the customer reviews posted about that company.
However, I must warn you that some of the local directories in Michigan are pretty easy to manipulate with fake reviews. For this reason, you have to ask yourself if what you are readingÂ seems too good to be true. Both Google and Yelp have really strong filters that prevent a largeÂ portion of this behavior. You can be fairly confident that reviews left with either of them are real.
I've actually had happy clients post onÂ both Yelp and Google only to have them filtered out as spam. Even though they weren't fake or spam, something within their filter caused a red flag and those reviews don't show up on our directory. While it does our companyÂ no good to have real reviews filtered like this, it does give me peace of mind knowing that a large percentage of the ones that show up are legit.
One place that can't be faked for legitimacy is the Better Business Bureau of Michigan, which we will refer to as the BBB from here on out. The BBB has a grading system from A+ to F just like a school report card.
They also keep a tally on customer complaints based on four different complaint types listed here:
- Advertising/Sales Issues
- Billing/Collection Issues
- Delivery, Guarantee/Warranty Issues
- Problems with Product/Service
The BBB does give the companyÂ a chance to resolve any reported complaints and if it is resolved with the customer the complaint gets closed and is listed as such. However, if you happen to come acrossÂ a mortgage professional with a lot of complaints, you should look elsewhere even if they are resolved and closed. Where there's smoke there's usually fire, if you know what I mean.
The last important factor of finding the bestÂ brokers is to talk to them. You should feel very comfortable in this conversation and they should be able to answer all of your questions in a way that you understand. Buying a house is typically your biggest financial decision and thatâ€™s why it's important to work with someone that you both like and trust.
Michigan Mortgage Solutions would love to earn your business and guide you through the home financing process. Just so you know, we have been a part of the BBB since 2008 as an Accredited Business with an A+ rating. We also have several online reviews from real clients and we pride ourselves on being able to explain everything to do with Michigan mortgages in an easy to understand format. We want you to feel safe in knowing that you're making the right decision for your financial situation.
When you choose to work with Michigan Mortgage Solutions you can be confident that you'll receive a highly competitive rate as well as the personal attention needed to make the best home buying decision. If you have any immediate questions, don't hesitate to call us at (248) 674-6450.
Otherwise, if you'd like, you can learn more about the process and other pitfalls to avoid by reviewing the content I've created below. I hope this information is useful and remember you can always call us if you have any questions or if you're ready to get pre-approved and get started.