Somerset Lending Corporation.

Mortgage Broker serving Rochester, MI

About Somerset Lending Corporation.

Somerset Lending Corp. is a mortgage lender located in Rochester, Michigan. They offer a variety of loan types to suit different situations, considering factors like down payment, monthly payment goals, zoning, and equity to determine the best loan type for each client. Somerset Lending aims to secure the best rates and lowest closing costs for their customers.

They specialize in conventional, FHA, VA, USDA, and jumbo loans. They also offer rehab loans, one-time close construction loans for modular and manufactured homes, and reverse mortgages. Somerset Lending focuses on making home and loans easy for its clients.

Somerset Lending's team includes licensed real estate professionals and loan originators, who can assist clients with refinancing, buying a home, or reverse mortgages. The company also operates Andrews Realty Group and University Title Agency under the same "Umbrella".

Company Information

Lender Type: Direct Lender
Headquarters: Rochester, MI

Home Loan Products

Conventional Loan

Loan Types:
Conventional
5%
Min Down Payment

FHA Loan

Loan Types:
FHA
3.5%
Min Down Payment
600
Min Credit Score

VA Loan

Loan Types:
VA
Special Programs:
Veteran Program
0

HARP

Loan Types:
Refinance

USDA Loan

Loan Types:
USDA
0

Jumbo Loan

Loan Types:
Jumbo
Rate Types:
Fixed RateAdjustable Rate (ARM)

Conventional Rehab Loan

Loan Types:
ConventionalRenovation Loan
20%
Min Down Payment

FHA 203k Rehab Loan

Loan Types:
FHARenovation Loan
Special Programs:
FHA 203k
0

FHA One-Time Close, Modular & Manufactured Homes

Loan Types:
FHAConstruction
Property Types:
Manufactured/Mobile HomeModular Home

Reverse Mortgage

Loan Types:
Reverse Mortgage

Refinance

Loan Types:
Refinance

Contact Information

640 W University Dr
Rochester, MI 48307
US
Mailing Address:
640 West University Drive, Rochester, Michigan 48307, United States

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Business Information

Category: Mortgage Broker
Location: Rochester, MI
Status: Standard
Type: Direct Lender
NMLS ID: 133899
Profile Views: 6

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