Mortgage Broker in Royal Oak MI | Home Loans | Mortgage City
If you are ready to buy a home or refinance in Royal Oak, please call Mortgage City today at (248) 930-8709 to schedule your consultation.
Loan Options in Royal Oak
Whether you are moving to Royal Oak, Detroit, or elsewhere in the state of Michigan, Mortgage City can help you find a suitable mortgage.
In fact, we can connect you with a variety of different types of loans. No matter your needs, there is an ideal mortgage waiting for you.
We Offer These Types of Home Loans in Detroit and Royal Oak
Conventional
Along with government-backed financing options, we offer conventional mortgages. These include both jumbo loans and conforming loans that fall within the Fannie Mae and Freddie Mac loan limits. Conventional mortgages can have down payments as low as 3%.
FHA
For customers who are searching for a mortgage that offers flexible qualification requirements and affordable interest rates, an FHA mortgage insured by the Federal Housing Administration may be a suitable choice. Your down payment with this type of loan could be as low as 3.5%.
Jumbo
Another type of conventional mortgage we offer is the jumbo loan. This type of mortgage does not need to conform to the Fannie Mae and Freddie Mac loan limits.
VA
For Michigan veterans, active-duty service members and eligible surviving spouses, a mortgage insured by the Department of Veterans Affairs provides the opportunity for zero down financing on a home.
USDA
If you are shopping for a home in a rural part of Michigan or Florida, consider a USDA mortgage insured by the US Department of Agriculture.
Bank Statement/Non-QM
Our non-qualified mortgages and bank statement loans are ideal for those who cannot qualify for a loan through the traditional application process or who do not have a W-2.
First Time Homebuyer
We are excited to have the opportunity to help you purchase your first home in Royal Oak, Detroit, or elsewhere in Michigan. We make the process simple and easy to understand. Our loan experts communicate with you closely from our first contact to closing.
See What Our Clients Are Saying About Us!
Michelle Anderson
19:51 05 Sep 23
Jared has been great. Anytime I needed to make an offer in this competitive market, he was always there and willing to get us quotes, offer letters, whatever it took and anytime of day and or weekend. Incredibly professional and always helpful!. Thank you, again, Jared! You’ve been a blessing to work with!
ethan mathews
15:45 27 Aug 23
We used Jared Lincoln at Mortgage city for our mortgage. He was knowledgeable, professional and even at times our biggest fan! Our new construction was complex but Jared took great care of us! Thank You!
Lara Girdwood
00:23 18 Aug 23
We worked with Jared, the owner, for our first home buying experience and it couldn't have been easier. At the start, I appreciated that the application process was done all online through a specific portal - it felt safer than other ways of submitting sensitive information that we experienced while exploring other broker options. Jared made us feel like we were his only client as he always made himself available for calls, questions, writing up letters, and submitting documentation in record time. My favorite thing about the experience, though - and about Jared as a professional - was when we explored an option with another broker that seemed like it was going to save us loads of money. Jared was honest and supportive in saying the quote seemed like an amazing deal while remaining completely professional, letting us know that if anything changed, he'd love to still help us. Well, of course, it was too good to be true and we were sorry that we ever strayed! He welcomed us back with open arms and continued to go above and beyond. He even helped recommend a realtor who was great and we ended up sticking with (Trish Woodard) and they worked seamlessly together. He also recommended an insurance broker (Jenna Dado) who helped us save loads of money too! So, pretty much, if you need anything, just go to Jared!
Madelaine Reem
20:30 12 Aug 23
Jared from Mortgage City was awesome to work with as a first time home buyer! He really walked us through the process and took care of us every step of the way. Highly recommend using Mortgage City as your lender!!
Matthew Corbett
14:28 11 Aug 23
Jared was great. Everything went smooth and he can be trusted.
Justin Nelson
14:00 11 Aug 23
Loved working with Jared and Mortgage City for our first home! Jared did a great job explaining each step of the process and was always available to answer any questions that we had. Highly recommend the guys at Mortgage City!
Jim Kealy
16:54 06 Jul 23
Working with Mortgage City and Alex for a home loan was a smooth and easy experience. I will definitely be using them again when it comes time to refinance.
MaLisa O'Brien
08:10 25 Jun 23
Jared Lincoln helped make a dream come true for me. First time home ownership! Jared went above and beyond for me. Always quick to answer any questions I had, and get things in motion that were important. Enthusiastic, and positive with making it happen through the whole process. I totally felt like family!
Janell Moore
09:31 24 Jun 23
There is a reason Mortgage City has 5 stars across the board. I am very pleased with my experience with Alex! There is nothing I would change. Thank you for the Realtor recommendation and for helping get me into my condo! Teamwork makes the dream work!
Don Anderson
14:17 09 Mar 23
Good service. Clean and concise.
Michael Peretto
00:11 19 Oct 22
Great guy ! Lots of options !!
Melissa Glenn
13:20 17 Oct 22
Alex and his team did a great job helping me find a mortgage with the lowest interest rate during unstable times in rates. Being a first time homebuyer- Alex and his team took care of things for me that I didn’t know to ask for, and I couldn’t be more grateful! Offer to close in less than a month and it was smooth sailing! Thanks so much Alex!
Thomas Nadeau
13:19 05 Oct 22
I really cannot recommend Mortgage City, specifically Jared, enough! Jared basically led the process through a tricky(to me at least) refinance process and every step of the way was gracious, patient and kind. It was truly a pleasure working with Jared and I can highly recommend Jared and Mortgage City for your financing needs!
Brandon Ferguson
14:37 01 Oct 22
Jared and his team is the absolute best. He is extremely professional, thorough and a master at his job. He works efficiently and goes above and beyond for his clients. I have been in the market for 3 years and Jared made it possible for me to purchase my first home. He provided me knowledge and answered any question or concern that I may have had. He was a pleasure and my wife and I are extremely grateful that we had such an amazing mortgage broker to guide us through this process of buying our first home! I will be recommending Jared and Mortgage City to anyone who has interest in buying a home. Mortgage City feels like family!
Melissa Warner
15:21 26 Sep 22
Alex was amazing to work with, he was prompt in his responses and understood we were on a time crunch to get a house. He explained things to me without making me feel like I was stupid ( being a first time home buyer). He was able to have us closed in 2 weeks.
Nicholas Gascoigne
21:25 05 Sep 22
So let me brag about Alex Foster & the Mortgage City team. I'm a small business owner; that being said, for guys like me getting a mortgage is not easy to say the least. We're scrutinized on a different level than an W2 employee. I also had tax issues to solve and a whole load of other problems to figure out. I was at the final hour of getting my young family into a home. I was at the end of my rope trying to pull forward at the time I met Alex. I decided to see if Alex could work any magic in my dire situation. I'm telling you I had 20 days left on my lease and did NOT want to rent another house. Once I stated working with Mortgage City I had HOURLY updates that just radiated positivity. Alex showed me we could do this. We worked through each and every hurdle that such a process entails, this man build the most creative solutions to every issue that needed addressed and did it on such a personal level. Once we officially started the process and pulled credit, Alex got my clear to close in 9 DAYS. I was absolutely blessed to find Alex when I did. I'm writing this review now from my dream home In Clarkston sitting on 5 acres of property. I'm telling all of you, for your next home you have to put Alex Foster & Mortgage City at the top of your list If I can make it through this process and be successful anyone can, you just need the right team to get you there.
Mike Kurfess
14:15 03 Sep 22
Jared was great to work with, he helped us hit a quick closing timeline and was very organized with all of the steps of getting a home loan. He was so helpful with an out of state loan. Jared made the hole process easy and stress free, thank you so much for helping us with our new home!
Sydney Barnett
13:34 03 Sep 22
Jared helped us get the most competitive rate, saved us a lot and was transparent and helpful through the whole process. Everyone told us that our closing timeline was too tight but he was so efficient we actually moved it up a few days.
Martin “Marco” Samarco
16:24 19 Aug 22
Alex is very professional! Also his communication skills and educating my clients through the home buying process is what separate him from other lenders in the industry. Thank you for all your hard work!! Look forward to the next deal!!
Morgan McPartlin
17:28 09 Aug 22
Todd Carlson
17:20 03 Aug 22
Everything went along very well! We are happy to be new home owners.
Lori Xu
16:23 03 Aug 22
First time home buyer, and Jared took care of every single nuts and bolts for us from the very first day we approached to him to the closing day! Awesome experience with his professionalism, responsiveness, and enthusiasm! 1000% recommend!
Lameka Galloway
10:28 25 Jul 22
Amazing services provided with a time limit on my end. Jared worked daily and kept communication open throughout the process. Loan Approved and closed on my home within 40 days. Didn’t know this was possible but this man made it happen. Thank you so much. 10/10 ratings.
Greg B
00:56 21 Jul 22
First time home buyer here and Jared couldn't have made it easier and more stress free! Any questions or concerns I had, he was able to help right away. Very much recommend Mortgage City to everyone!
Aaron Thomas
16:08 12 Jul 22
Mortgage City is one of a kind. I felt Jared truly had our best interest at heart and he never missed a beat during our home search. He was right there with us the whole way and any numbers or updates he could provide us with he did. I will recommend all my family and friends to Jared and Mortgage City. Thank you… thank you… thank you!!!!
Zack K
15:59 12 Jul 22
Alex was great. He works super fast and he and the team made things run smooth.
Carlette Murry
15:49 13 Jun 22
Awesome experience from the beginning of my loan approval process to my closing day. Very professional, knowledgeable, and devoted to meet their clients needs. Highly recommend to friends, family and anyone looking for great loan options.
Anthony Bonkowski
12:46 06 Jun 22
Worked with Jared he was excellent! Same-day pre-approval helped with any questions and every aspect of the lending process, he doesn't just keep Banker hours and was available anytime I called.
Baylie Fryman
02:14 02 Jun 22
Alex was amazing to work with! Extremely professional, quick to respond, and definitely knows his stuff! He made everything go so smoothly! Highly recommend!
Curt Mudd
18:24 31 May 22
After many challenging years of working with Mortgage Brokers, I have finally found someone who provides impeccable support, is authentic, honest and was relentless in their advocacy for me with a variety of stakeholders. I hold Alex Foster in the highest regard and I still thank my friend for the referral to him. (I was moving to Michigan cold, with no contacts). This guy is best of the best.
Move Into a Home in Michigan Now
Are you ready to find your ideal mortgage and move into your new home in Michigan? Please give us a call today at (248) 930-8709 to schedule your consultation. We work with customers throughout the state of MI as well as Florida.
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Mortgage City NMLS #2007168. All information contained herein is for informational purposes only and while every effort has been made to ensure accuracy, no guarantee is expressed or implied. Any programs shown do not demonstrate all options or pricing structures. Rates, terms, programs, and underwriting policies subject to change without notice. This is not an offer to extend credit or commitment to lend. Although and subject to underwriting approval. Some products may not be available in all states and restrictions apply.