19337 Farmington Rd
Livonia, MI 48152
P 248.762.1422
F 248.856.2484
Many consumers assume that “mortgage companies” are banks that lend their own money. In fact, a company that you deal with may be either a mortgage banker or a mortgage broker.
A mortgage banker is a direct lender; it lends you its own money. Family Home Loans is a proud Mortgage Banker- we're a direct lender.
A mortgage broker is a middleman; they do the loan shopping and analysis for the borrower and puts the lender and borrower together. Many of the lenders through which the broker finds loans do not deal directly with the public.
Using a mortgage banker can save the fees of a middleman and can make the loan process easier. A mortgage banker can give you direct loan approval, whereas a broker gives you information second-hand. A mortgage broker will charge a fee for thier service.
Welcome to Family Home Loans! We're proud to have the chance to earn your business. As a mortgage banker, Family Home Loans is responsible for your entire loan- from the quote to the closing.
Family Home Loans is a divison of Lender Ltd, who is backed by four of the largest, most trusted investors in the country- SunTrust Mortgage, Taylor Bean Whitaker, JP Morgan Chase, and Citi Mortgage. You can rest easy knowing that we have the most experienced and knowledgeable mortgage professionals around backed by the strongest, most secure financial institutions.
Contact us today to see what the Family Home Loans difference can mean to you!
