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Tom's Preferred Mortgage Lender List Ann Arbor Michigan
Tom's Recommended Lender List
Cindy Price
Bank of America (formerly LaSalle)
877 W. Eisenhower Pkwybr> Ann Arbor, MI 48103
734-662-2137 x243 Pager:810-406-1924
Fax: 734-662-6236
Comment: Cindy does a good job on New Construction, Home Equity lines and Bridge Loans. Good choice if you are looking for a complete banking relationship too! They have some of the lowest rates on no fee, home equity lines.
Click Here for their Website or Click Here to Email Her
Kristen Hesse
John Adams Mortgage
555 Briarwood Circle
Ann Arbor, MI 48108
(734) 741-1695 Fax: (734)741-1699
Comment: Kristen is knowledgeable and very pleasant to work with. She has a well rounded package of products to fit most borrowers needs. They are THE fha mortgage experts providing faster approvals because they have "in house" underwriters. Her office is located in our building which can also make appointments more convenient and familiar. (Ask me about a discount coupon for closing costs)
Website or Click Here to Email Here
Michelle Wilson
Mortgage One
14600 Farmington Road
Suite 106
Livonia, MI 48154
(734) 525-9185 Cell:248) 408-9900
Comment: Michelle works well on non-conforming loans or persons with credit challenges.
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Click Here for their Website or Click Here to Email Her
Remember that rates are sometimes negotiable. With that in mind I would recommend that you find someone competent that you feel comfortable with. If the mortgage broker that you would prefer to work with has a slightly higher rate, don't be shy about mentioning this fact. Offer to sit down and begin the loan application process if they can adjust their rate to match a competitor's. Tell them who, when and where you received your rate plus the closing expenses associated with that product. Note that not all loan products of similar name will have similar costs associated with them (ie: application, points and underwriting fee's etc). Do not automatically assume you want a 30 year amortized loan when most people stay in a home less than seven years and will save money on 3 or 5 year adjustable rates loans offering lower interest rates. Please call me for recommendations or if you have any additional questions.
GOVERNMENT LOAN LIMITS
FHA Loan Limits
| Washtenaw County $345,000 |
Wayne County $297,500 |
| Livingston County $297,500 |
Monroe County $297,500 |
| Jackson County $271,050 |
Clinton County $271,050 |
| V A Loan Limits all Counties $417,000 |
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