HomePal

Mortgage Lender serving Ferndale, MI

About HomePal

HomePal is a dedicated mortgage broker based in Royal Oak, Michigan, primarily serving clients in Macomb, Oakland, and Wayne Counties. With 13 years of experience in the mortgage industry, founded around 2011, HomePal specializes in guiding individuals and families through the homeownership journey, with a particular focus on providing access to essential Down Payment Assistance programs.

As a mortgage broker, HomePal offers access to over 350 different loan programs, ensuring a wide array of options for various financial situations. Their extensive offerings include conventional, FHA, VA, and Jumbo loans, available with both fixed and adjustable rate options. They are committed to simplifying the loan process and finding the most suitable mortgage solutions for their clients' unique needs.

HomePal prides itself on exceptional customer service, as evidenced by numerous positive testimonials highlighting their team's responsiveness, patience, and ability to make the mortgage process easy and smooth. They combine personal consultation with convenient digital tools like online applications and mortgage calculators, aiming to deliver a seamless experience. To date, HomePal has successfully funded over $500 million in loans for more than 2100 satisfied clients.

Company Information

Founded: 2011
Lender Type: Mortgage Broker
Headquarters: Royal Oak, MI
Total Loans Originated: $500M+ Loans Funded to Date

Licensed In

MI

Digital Capabilities

Online Application
Rate Calculator
Pre-Qualification Tool
Digital Document Upload

Home Loan Products

Conventional Home Loans

Loan Types:
ConventionalRefinance
Rate Types:
Fixed RateAdjustable Rate (ARM)Interest-Only
Property Types:
Single-Family HomeCondoTownhouse
Occupancy Types:
Primary ResidenceInvestment Property
Employment Types:
W-2 EmployeeSelf-Employed
Income Verification:
Full Documentation
Credit Tiers:
Good (680-739)Excellent (740+)

FHA Home Loans

Loan Types:
FHA
Rate Types:
Fixed Rate
Property Types:
Single-Family HomeCondoMulti-Family (2-4 units)
Occupancy Types:
Primary Residence
Employment Types:
W-2 EmployeeSelf-Employed
Income Verification:
Full Documentation
Special Programs:
Low Down Payment Program
Credit Tiers:
Fair (620-679)Good (680-739)

VA Home Loans

Loan Types:
VA
Rate Types:
Fixed Rate
Property Types:
Single-Family HomeCondoTownhouse
Occupancy Types:
Primary Residence
Employment Types:
W-2 EmployeeSelf-EmployedRetired
Income Verification:
Full Documentation
Special Programs:
Veteran ProgramLow Down Payment Program
Credit Tiers:
Fair (620-679)Good (680-739)Excellent (740+)

Jumbo Home Loans

Loan Types:
Jumbo
Rate Types:
Fixed RateAdjustable Rate (ARM)
Property Types:
Single-Family HomeCondoTownhouse
Occupancy Types:
Primary ResidenceSecond HomeInvestment Property
Employment Types:
W-2 EmployeeSelf-Employed
Income Verification:
Full Documentation
Credit Tiers:
Good (680-739)Excellent (740+)

Down Payment Assistance Programs

Loan Types:
ConventionalFHA
Rate Types:
Fixed Rate
Property Types:
Single-Family HomeCondoTownhouse
Occupancy Types:
Primary Residence
Employment Types:
W-2 EmployeeSelf-Employed
Income Verification:
Full Documentation
Special Programs:
Down Payment AssistanceFirst-Time HomebuyerLow Down Payment Program

Contact Information

Professional Licenses

NMLS ID: 2097625
150 Vester Ave Suite #201
Ferndale, MI 48073
US
Mailing Address:
104 W Fourth St #20 Royal Oak, MI, 48073

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Business Information

Category: Mortgage Lender
Location: Ferndale, MI
Status: Standard
Founded: 2011
Type: Mortgage Broker
NMLS ID: 2097625
Loans Originated: $500M+ Loans Funded to Date
Profile Views: 1

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