Top Mortgage Brokers in Bay City

Mortgage Services That You Can Rely On!

Mortgage Lender In Bay City, MI

If you are looking for a mortgage company Bay City, choose PierPoint Mortgage. We have been working in this domain for over 50 years and have helped a lot of Michigan residents get their dream houses!

Mortgage Services Provided by PierPoint Mortgage

A good mortgage lender is one that not only provides assistance but also allows you to explore all the options so that you can take your pick. And that’s what we do at PierPoint Mortgage. Our team of experienced mortgage brokers, mortgage lending experts, and loan officers can guide you through the loan process and different mortgage programs.

But before we get into the details, let’s talk about what services you can expect from PierPoint Mortgage:

  • Conventional Loans
  • USDA Loans
  • FHA Loans
  • VA Loans
  • Jumbo Loans
  • Mortgage Refinancing
  • Reverse Mortgage

Does Being Prequalified Mean Being Pre Approved for a Mortgage?

There are differences between the two, even though you need a letter for both. Answer a few questions about your financial situation, and you will be pre-qualified in minutes. In most cases, however, pre-approval requires significantly more information.

In addition to pre-qualification, pre-approved holds a higher value when it comes to mortgages. To help you understand it better, we would like to explain the online mortgage procedure, which is divided into different steps that include:

Step 1: Submit your Application

Fill out a loan application, for which you have to submit several documents. Because mortgage needs and documentation requirements can vary slightly from one local lender to another, it is advised that you have all the basic documents handy. Some of those include:

  • Government-issued ID (license, passport, or other government-issued photo identification)
  • Social Security Number
  • Payslip from employer
  • Proof of income (from employment or other sources of income)
  • Tax Returns
  • Recent bank statement
  • Credit history
  • Details of all existing loans
  • Information about the property

Submit the mortgage application and the requested documents or their copies. If you seem qualified based on the information provided, you will be prequalified.

Step 2: Get an Estimate

Once you have uploaded all your documents for evaluation, you will need to wait to confirm your loan eligibility and expected loan amount. As a general rule, evaluations take at least three days to finish.

Step 3: Provide Additional Information

Mortgage lenders in Michigan may ask for more information during the application process, so you need to respond quickly. Submitting all required documents quickly can speed up the application. There will also be a property appraisal, which will be integral to matching your borrowing needs with the selling price of the property.

The loan amount is determined on the basis of this assessment. Also, your debt ratio and your overall financial situation can affect your mortgage approval.

Step 4: Closing

If everything goes well, the lender will get ready for closing after the final assessment. There will be documents with all the loan terms and conditions, and you must read them carefully. If you agree with them, go ahead and prepare the down payment as well as the final fees. Once you pay that, your loan process will be completed.

Now, if you look at the steps, you will realize that getting a prequalification is easy as it is based on the information you provide. But at later stages of the entire mortgage process, the lender will perform assessments to know your debt information, debt ratio, employment status, collateral, etc., and that can affect the chances of getting pre-approved.

Once you’ve received a mortgage pre-approval, be careful not to act hastily. As soon as you have been pre-approved for a home loan, you should speak with a mortgage advisor in Bay City or with expert Mortgage Lenders in Michigan to make sure you’re not jeopardizing your pre-approval.

How Are Loan Amounts Determined?

Loan amounts are determined by several factors, including a borrower’s income. The amount you can borrow to buy a home is affected by your debts, such as car payments and student loans. Together, these factors affect how much you can borrow.

Usually, your income, the debts you owe, and the values of your other properties are put into a mortgage calculator to determine the exact loan amount that you would get. For more information, contact our expert mortgage broker in Bay City.

Can A Self-employed Person Get Approved for a Mortgage?

It is extremely easy to get a mortgage even if you are self-employed; you just need to provide a few additional details to meet the eligibility criteria. In order to use your self-employed income as part of your mortgage calculations, you must meet the following criteria:

  • A self-employment history of at least 24 months (2 years) is required.
  • A 12-month self-employment period may qualify you if you have previous experience in the field and your income is equal to what you earned before becoming self-employed.

Home Loan in Bay City Made Easy with PierPoint Mortgage!

There are various lenders to help you with your home purchase, but knowing which one offers the most excellent service is another story.

So, if you are trying to buy the house of your dreams or looking for a professional mortgage broker in Bay City, you can rely on PierPoint Mortgage. We can assist you with a home loan in Bay City and help you achieve the homeownership you desire. Get in touch with us to get a quote!

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    Reviews

    I found the best mortgage brokers near me with this company! The process was smooth and stress-free.Thank you!
    Charlotte Walker
    Charlotte Walker
    11:36 25 Feb 23
    When I was looking for a mortgage lender, I reached out to many companies. The few that got back to me were just like any other bank, but PierPoint was different. The experts were knowledgeable and always available to offer advice and answer questions. I am so glad I found them because they've been fantastic at helping me purchase my new home. I believe that they are the best mortgage lenders in Alexandria.
    Celia Adams
    Celia Adams
    07:24 14 Dec 22
    The company offered excellent mortgage broker services. They assisted us throughout the entire process and were able to secure us a great rate on our mortgage. Any person looking for a mortgage broker would receive our highest recommendation for their services.
    Mark Wallace
    Mark Wallace
    12:22 21 Nov 22
    I availed the refinance mortgage services from this company. The services were great and I was able to get my mortgage refinanced at a lower interest rate. This helped me save a lot of money on my monthly payments. I would recommend this company to anyone who is looking for a good mortgage refinancing service.
    Georgia Lynch
    Georgia Lynch
    06:10 17 Oct 22
    We availed their online mortgage broker services and they were very helpful. The entire process was very streamlined and efficient. They were always available to answer our questions and guide us through the process. We would definitely recommend their services to anyone looking for a mortgage broker.
    Leonard Kromer
    Leonard Kromer
    13:12 15 Oct 22
    Thank you for being a help when I needed it the most. Anyone who needs a mortgage company in the area,should definitely contact them.
    Loyce Cox
    Loyce Cox
    13:08 12 Oct 22
    I was extremely pleased with the service I received from this mortgage company. They were very helpful and professional throughout the process of refinancing my mortgage. I would definitely recommend them to anyone looking for a mortgage company.
    Brian Henry
    Brian Henry
    12:59 30 Sep 22
    I refinanced my home loan through this mortgage company and I'm so happy I did! They made the process super easy and I ended up saving a ton of money. I would highly recommend them to anyone looking to refinance their home loan.
    Carlos Maldonado
    Carlos Maldonado
    10:25 29 Sep 22
    I got my conventional loan through this mortgage company and it was a great experience. They were very professional and straightforward, and I felt like I got a good deal. I would definitely recommend them to anyone looking for a loan.
    William Shelton
    William Shelton
    10:24 28 Sep 22
    The reverse mortgage services offered by this company have been invaluable to me. They have allowed me to stay in my home and maintain my independence. The company is professional and extremely helpful. I would highly recommend their services to anyone considering a reverse mortgage.
    Tony Kozlowski
    Tony Kozlowski
    13:01 20 Sep 22
    The mortgage company was extremely helpful in guiding me through the process of securing a mortgage. They were always available to answer any questions I had, and they made the process much simpler than I had anticipated. I would definitely recommend their services to anyone looking for a mortgage broker.
    Kathryn Rhodes
    Kathryn Rhodes
    04:15 15 Sep 22
    The mortgage broker services provided by this firm were excellent. They were able to get us a great rate on our mortgage and helped us through the whole process. We would highly recommend their services to anyone looking for a mortgage broker.
    Sandy Kaufmann
    Sandy Kaufmann
    08:07 08 Sep 22
    The mortgage services provided by this company were excellent. They were very knowledgeable and helped me through the entire process.
    Victoria Phillips
    Victoria Phillips
    11:49 25 Jul 22
    Working with this mortgage firm was a real treat! They were able to promptly and painlessly obtain a loan for me. They were quite friendly and accommodating, and they made the loan procedure appear to be very straightforward. I would strongly advise anyone in need of a home loan to use their services.
    Angelica Garcia
    Angelica Garcia
    04:34 10 Jun 22
    I was a little anxious about getting a home loan, but the mortgage dealers from this company walked me through every step of the process. They were very helpful and cooperative, and made the loan process seem very simple. I'm grateful to them for their assistance.
    Jose Duncan
    Jose Duncan
    05:04 06 Jun 22
    Mortgage dealers made my work done so quickly . They were very helpful and cooperative. They made the loan process seem very simple.
    Lula Dorman
    Lula Dorman
    10:18 02 May 22
    The best thing about this mortgage company is that it helps me to find the best option for my home loan.
    Jane Ortiz
    Jane Ortiz
    02:18 07 Feb 22
    I got instant approval for a home loan with the help of these guys. I would really recommend them to everyone. Thanks so much guys!
    Leah Arnold
    Leah Arnold
    06:20 06 Dec 21
    I was assisted all the way by these guys from suggesting the best mortgage plan to submitting the documents.
    Annette Diaz
    Annette Diaz
    10:28 11 Aug 21
    My last experience with these mortgage lenders was great. Therefore, I chose them again.
    Sharon Perez
    Sharon Perez
    05:55 05 Aug 21
    I had such an amazing experience at pierpoint mortgage. I had been denied at many other banks and as a last ditch effort tried pierpoint and immediately they were able to match me with, ironically, one of the banks that had previously denied me! if you have a situation like me call them!
    Alison Terry
    Alison Terry
    06:57 21 Nov 19
    I would use his services in the future and recommend Shannon o everyone interested to get a mortgage.Really happy with the service that I got from these guys. They got me a low interest rate and took care of all the paperwork for me. I would recommend PierPoint Mortgage to anyone who has mortgage questions or planning to get a mortgage.
    Nate Bruner
    Nate Bruner
    11:49 18 Nov 19
    Shannon helped me with what proved to be a more difficult than expected mortgage. Some of our first efforts didn't pan out, but he kept working on it and ultimately was able to get me a very competitive rate. He was professional, helpful, timely, and friendly at all times. I recommend him without reservation.
    michele bosisio
    michele bosisio
    10:04 18 Nov 19
    I would give them six stars if possible. I was skeptical at first but let me tell you, after your first call you'll get why they are 5 star mortgage company.
    Ermine Micky
    Ermine Micky
    10:00 17 Nov 19
    The friendliest and most helpful group of workers PierPoint have. They took away all my stress and worry being a first time consumer and made the whole experience just was best! Can’t thank or propose Shannon enough!
    edgar larios
    edgar larios
    09:15 14 Nov 19
    Shannon did an exquisite activity in assessing my preceding loan phrases and situations. He isn't a pushy individual and gives you his sincere recommendation on each thing of your mortgage. For sincere, honest and prompt recommendation Shannon might be your man. He will get the process executed as efficiently as possible!!
    wilfre dobenderYaf
    wilfre dobenderYaf
    07:36 14 Nov 19
    I had a very positive experience working with Shannon. He was prompt to return phone calls/texts/emails and was very clear on the information needed in order to qualify for a mortgage. I would recommend Shannon for your first/next mortgage.
    David Odonnell
    David Odonnell
    11:06 13 Nov 19
    I'd recommend Shannon if you are renegotiating your mortgage or getting a new mortgage. Shannon was great in giving me all the information I needed. Very knowledgeable and passionate in his work he was.
    Edgar Roman
    Edgar Roman
    11:32 12 Nov 19
    PierPoint Mortgage is the best company with an extraordinary and dedicated team. Exceptional as always was Shannon.
    Lacresha Hartzog
    Lacresha Hartzog
    06:30 06 Nov 19
    Those who just need an update on some specific issue they're dealing with, they will be assisted.I'd recommend Shannon and his team for the best solutions.
    Gilberte Mcmillian
    Gilberte Mcmillian
    11:35 05 Nov 19
    Pierpont mortgage is a one of a kind place that makes you always feel like you are their number one priority. Any question that I had big or small was answered in depth and always with a friendly attitude. You don’t find service like pierpoints anymore
    donna gonzales
    donna gonzales
    17:19 03 Oct 19
    I am active military and so is my wife, needless to say we have a unique financial history between the two of us. We have moved several places and the last few we have used Pierpoint mortgage. Shannon makes things so easy with my wives, kids, and my busy schedule and no matter where i have moved in the US Shannon has been there for us. Its nice to have that consistency in a life that is always sp different! I tell all by brothers to check them out when they answer the call around America. 5+++ stars
    Josh Brown
    Josh Brown
    19:21 11 Sep 19
    I want to thank PierPoint Mortgage for helping me buy the house of my dreams! You guys made it pretty easy and it was a pleasure working with you!
    Nicole Bradshaw
    Nicole Bradshaw
    13:04 18 Jun 19
    This company definitely deserves 5 stars! They provide quality, fast service.
    Rob Wemple
    Rob Wemple
    19:41 25 Jan 19
    Thank you for all of your help throughout the mortgage process. You guys did and incredible job. Everything was done in a timely manner and we got a great interest rate. I really appreciate everyone who helped with my loan at PierPoint Mortgage.
    Cheryl Macly
    Cheryl Macly
    18:11 17 Dec 18
    PierPoint Mortgage is a good company to work with when purchasing a home. They are easy to contact and straight forward with you.
    Margo Ashley
    Margo Ashley
    14:11 02 Nov 18
    Top Mortgage Brokers In Bay City

    Have Some Questions?
    We Are Always Here To help!

    Who is the best mortgage company to deal with?

    The identity of the largest US mortgage lender is not, once again, openly available. PierPoint Mortgage, on the other hand, is a rapidly expanding mortgage lender with a committed group of professionals who make every effort to deliver exceptional service.

    Do mortgage brokers get the best rates?

    Mortgage brokers may not always get the best rates, but they can often offer a wider range of loan options from multiple lenders, which can lead to more competitive rates.

    What are mortgage servicing companies?

    Mortgage servicing companies are responsible for collecting mortgage payments, managing escrow accounts, and handling delinquent loans on behalf of the lender. They do not originate loans

    What is the easiest home loan to qualify for?

    FHA loans are usually the easiest home loans to qualify for, as they have more relaxed credit requirements and lower down payment options.

    What's the best place to get a mortgage loan?

    It’s difficult to name one best mortgage company, as each borrower’s needs are unique. However, PierPoint Mortgage is a good option for those seeking personalized service and competitive rates.

    We Are Here To Help You

    Our Bay City, Michigan Office

    With 50 years of experience in the industry, PierPoint Mortgage is offering the finest mortgage services. We deal in various mortgage programs that will help you become a proud homeowner.

    Home Icon
    Address
    4300 wheeler Rd. Bay City,
    Michigan 48706
    Phone Icon
    (989) 601-3411