Contact Information
Address:
390 park st #496 Birmingham mi 48009
Lendrue Your trusted partner for mortgage refinancing and new home purchase loans. Whether you’re looking to lower your monthly payment, shorten your mortgage term, or secure financing on your dream home, our team is dedicated to finding the loan solution tailored to your needs. With transparent service, competitive rates, and hands-on support at every step, Lendrue makes navigating home financing simpler and more accessible. We’re committed to delivering clarity, trust, and value to every homeowner or homebuyer we serve.
390 park st #496 Birmingham mi 48009
Welcome to Lendrue, your trusted partner right here in Birmingham, Michigan, located at 390 Park St #496. We specialize in two fundamental financial services for homeowners and aspiring ones: mortgage refinancing and new home purchase loans. Our dedicated team is committed to understanding your unique financial situation and guiding you through the process, all from our local Birmingham office.
Mortgage Refinancing: Life brings changes, and so might your financial needs. Perhaps you've accumulated more home equity, your interest rate has dropped significantly, or you simply want a different loan term. Lendrue helps Birmingham homeowners explore these options. We can assist with various types of refinance transactions, including rate-and-term refinancing (to get a better interest rate or adjust the loan term) and cash-out refinancing (accessing a portion of your home's equity for other financial goals). Our goal is to find a new loan that better suits your current financial landscape, potentially saving you money or offering greater flexibility.
New Home Purchase Loans: Taking that exciting step into homeownership is a major milestone. Lendrue can help you navigate the complexities of securing a mortgage for your new home in the Birmingham area. We offer various loan products designed to fit different buying scenarios, whether you're purchasing a single-family home, a condo, or another property type common in our community. Our process involves evaluating your creditworthiness, income, and down payment capacity to determine the best loan program for buying your dream home right here in Birmingham.
At Lendrue, based at 390 Park St #496, we pride ourselves on personalized service. We understand that securing a mortgage or refinancing involves significant financial decisions. That's why we take the time to explain the options clearly, answer your questions thoroughly, and work diligently to find a solution that meets your specific needs and objectives, all focused solely on serving the residents of Birmingham.
Ready to explore your options for refinancing your current home or purchasing a new one in Birmingham? Contact us directly. Visit our website at https://lendrue.com/ for more information on our loan products and services, or give us a call at 8335811144. We look forward to assisting you from our Birmingham location.
Frequently Asked Questions (FAQs)
Q1: What types of mortgage refinancing services do you offer for homeowners in Birmingham?
A1: We offer several refinancing options tailored for Birmingham homeowners. This includes rate-and-term refinancing, which allows you to secure a lower interest rate or modify the loan term, and cash-out refinancing, enabling you to borrow against your home's equity for various purposes like home improvements, debt consolidation, or major expenses.
Q2: How long does the mortgage refinancing process typically take from start to finish in Birmingham?
A2: The duration can vary based on individual circumstances and market conditions, but typically, the refinancing process takes between 30 to 45 days from application to closing. We work efficiently to streamline the process while ensuring accuracy.
Q3: Can Lendrue help Birmingham residents secure a mortgage for their first home purchase?
A3: Absolutely. We have experience assisting first-time homebuyers in Birmingham. We can guide you through the various loan programs available, including FHA, VA, and conventional loans, and help you understand the requirements and steps involved in buying your first home.
Q4: What is the minimum down payment required for a new home purchase loan in Birmingham?
A4: The required down payment depends on the type of loan program you choose. While conventional loans often require a down payment of at least 5-10%, government-backed loans like FHA or VA might allow for lower down payments, sometimes as low as 3.5% or even zero percent down in certain cases. We can discuss the different options and their down payment requirements relevant to the Birmingham housing market.
Q5: Do you work with all types of properties commonly found in Birmingham?
A5: Yes, Lendrue works with a wide range of property types typically found in the Birmingham area, including single-family homes, townhouses, condos, and multi-family units (subject to loan program guidelines). We focus on providing mortgage solutions for the local housing needs.