Do you have previous experience working with mortgage brokers in Allen Park, Michigan? Did it seem that they were trying to convince you to pursue a particular type of mortgage loan, even though you weren’t sure you could handle the payments each month? They did that because they cared more about their commissions than your best interests. That will never happen when you work with Gem Home Loans.

Making Things a Whole Lot Easier

Mortgage Brokers Allen Park, MichiganAt Gem Home Loans, we think that people should look forward to the home buying process – not continually stress out over whether or not they could swing the monthly mortgage payment. We do everything possible to take that stress out of the equation.

One thing we will do when you work with us is to find out everything we can about your finances. We’re not doing this to be intrusive or nosy. We’re doing this because the more we know, the better job we can do of recommending the best possible loan program for your specific situation. When you choose Gem Home Loans, we won’t recommend anything we don’t think you can handle.

As a result, we will take a lot of the uncertainty out of a home loan. When we recommend a loan, we’ll do it because we feel you have a great chance at qualifying and don’t feel it will be a financial burden. We know that buying a home can be a nervous time for many people. That’s why we take the time to carefully explain all of your options in a way that’s easy to understand.

Options, Options, Options

You probably already know there are a ton of loan programs out there. Some are only geared toward people who can put down a substantial down payment or have sterling credit scores. But there are plenty of others geared toward those who don’t have 20 percent to put down or whose credit scores aren’t quite where they want them to be.

These are just a few of the different loan programs we offer.

  • FHA – Loans backed by the US government, such as those from the FHA (Federal Housing Administration), are typically more accessible than conventional loans. If your credit score is a little low and you don’t have a lot of money for a down payment, an FHA loan could be an option worth considering.
  • VA – This is probably the most popular government loan, and with good reason. If you qualify, you can obtain a loan with a relatively low credit score – and you won’t have to put down a dime. This can be a tough loan to qualify for, however. A Gem Home Loans representative can tell you whether or not you’re a candidate.
  • Conventional loans – These are the ones that typically come to mind when most people think of mortgages. The most common is the 30-year fixed-rate loan, but 15-year ARMs (adjustable rate mortgages) are popular among people who can afford a larger down payment.

Talk to the best mortgage brokers in Allen Park, Michigan, for more information on the loan that’s right for you. Contact Gem Home Loans online or call (248) 780-1030.