Gem Home Loans has been one of the best Michigan mortgage companies for years because we know how to treat people the right way. A lot of companies in this business put profits ahead of people. They’ll try to force their clients into a specific type of loan program, whether or not it’s in their best interests. We don’t do that. Every expert on our staff is passionate about making sure our clients find a program that helps their financial future. Sure, we want to make a profit, just like any other company. But we won’t sell out our clients just to make a few extra bucks.

Why Choose Gem Home Loans?

Best Michigan Mortgage CompaniesIf you’ve ever gone through a bank to get a mortgage, you’re probably all too familiar with the way banks typically work. To them, you’re not a person – just a stepping-stone. There’s a pretty good chance no one bothered to explain all of the options you had when it came to mortgage loans. A lot of our team members saw this impersonal method of doing business time and time again, and got sick of it. That’s one of the main reasons we started Gem Home Loans.

Instead of caring more about your bank account, we place our focus squarely on what makes you the most comfortable. Some lenders actually make their clients feel like they’re an imposition – like they’d rather be doing anything else but working with them. We’re the exact opposite. We love working with clients, and helping strengthen their financial situation for years to come.

Gem Home Loans experts have a deep understanding of the housing market in every part of the state of Michigan. We can also help you find the very best loan for your specific needs, since we work with dozens of investors. It really doesn’t matter whether you’re buying a home for the first time or you’re a seasoned veteran of the home buying process. You’ll never experience a higher level of customer service than you’ll find from us.

Helping You Find the Most Favorable Rate

The interest rate is where “the rubber meets the road,” so to speak, when it comes to finding a mortgage. It can make the difference between a great deal and a deal that will put you in financial purgatory for years to come. There are a lot of different factors that will ultimately determine your specific interest rate. Here’s a quick look at a few of them.

  • Your down payment – The more you can put down on your new home, the lower your interest rate will be. If there’s a way you can put more than 20 percent down, you’ll be looking at a great rate because your lender will consider you an extremely safe risk.
  • Credit score – There aren’t many people who have a credit score of 760 or more. Those who do can find incredibly low interest rates. Getting to that score might be asking a lot, but if you can raise your score at all that will definitely help lower your rate.
  • Your mortgage – Mortgage loans fall into two main categories – conventional loans and government-backed loans. A conventional loan is typically harder to get, but offer more flexibility. You can pay them off in as little as 15 years if you have the financial means. A government-backed loan, on the other hand, typically comes with lower interest rates.

An expert with Gem Home Loans can answer any questions you may have, and show you why we’re considered one of the best Michigan mortgage companies year in and year out. Contact us online or call (248) 780-1030 to learn more.