Mortgage Broker in Troy, Michigan
MortgagePros started in Troy in 2019 and still runs from here, at Long Lake Road and I-75. When you finance a Troy home with us, the licensed pro on your file may well live in the same school district you are buying into.
Licensed in 39 states from this building. Rated 4.9 across 5,400+ Google reviews. Quotes are free and start with no hard credit inquiry.
Since 2019
Headquartered right here in Troy
2019
Founded in Troy, Michigan
300+
Licensed loan officers on the team
4.9
Average of 5,400+ Google reviews
39
States licensed, headquartered here
Troy is our home market.
Troy is one of the largest cities in Oakland County and one of the most sought-after: a school district families move here for, the Big Beaver corridor and Somerset, and established subdivisions of 1960s to 1980s ranches and colonials sitting alongside newer construction and condominiums. Prices run above the metro Detroit average and well-kept homes attract competing offers, so a pre-approval that will hold up matters more here than in most of the state.
That price level has a financing consequence. Most Troy purchases sit comfortably under the conforming limit, but a growing share in Troy, Birmingham and the Bloomfields cross it, and a jumbo loan becomes the question. We price conventional and jumbo side by side and will tell you when a slightly larger down payment brings a loan back under the line. Twenty percent down is not required at any of those price points.
Being local matters in smaller ways too. We know the listing agents and title companies you will be dealing with, you can sit down with your pro in person if you prefer, and closings can happen in our office. Most clients still do everything by phone and e-signature, and that works just as well.
Come see us in Troy.
MortgagePros, LLC
880 W. Long Lake Road, Suite 300
Troy, Michigan 48098
Just off I-75 at Long Lake Road, with free parking on site. Meetings are by appointment so a pro is ready for you. The phones are answered 24 hours a day.
Where we work around Troy.
The places a Troy pro drives through on the way home. We lend everywhere in Michigan; these are the communities where our neighbors are.
Oakland County
Troy
Rochester Hills
Rochester
Birmingham
Bloomfield Hills
Bloomfield Township
West Bloomfield
Royal Oak
Clawson
Berkley
Beverly Hills
Madison Heights
Auburn Hills
Pontiac
Southfield
Farmington Hills
Novi
Macomb County
Sterling Heights
Shelby Township
Utica
Macomb Township
Clinton Township
Warren
Chesterfield Township
Also serving Detroit, Ann Arbor and Lansing from the same office. Licensed in every corner of Michigan.
Every loan we write in Troy.
One licensed pro is your point of contact from the first call to closing, and shops your file across the lenders we work with. Pick the product and we will price it for your situation.
Buying
Home purchase
A quick pre-approval, offers sellers take seriously, and every loan type priced side by side.
Lower your rate
Refinance
A lower rate, a shorter term or a fixed payment. We show you the break-even before you commit.
Use your equity
Cash-out refinance
Borrow against the equity you have built for a renovation, debt or an investment.
Most buyers
Conventional
From 3 percent down for eligible borrowers, with mortgage insurance you can cancel at 80 percent of the original value.
Flexible credit
FHA
From 3.5 percent down with credit scores from 580. The most common first-time buyer route.
Veterans
VA
No down payment and no monthly mortgage insurance for eligible veterans and service members.
Above the limit
Jumbo
For loans above the conforming limit, usually with no mortgage insurance.
Oakland and Macomb counties
Our home market. Come by the office at Long Lake Road and I-75, or do it all from your kitchen table.
Four things that are different about buying in Michigan.
They apply in Troy as much as anywhere in the state, and the first one catches buyers from elsewhere off guard.
01
Your property tax bill resets when you buy
Michigan caps how fast a home’s taxable value can rise each year, and that cap comes off when ownership transfers. The seller’s bill reflects their capped value; yours will be based on the current state equalized value, which can be materially higher. Budget from the SEV, not the seller’s bill, and file the Principal Residence Exemption, which removes up to 18 mills of school operating tax on the home you live in.
02
Transfer tax is the seller’s cost by default
Michigan charges $3.75 per $500 of price to the state and $0.55 per $500 to the county, and the seller pays unless the purchase agreement says otherwise. Buyers pay recording fees and title charges instead, which are far smaller.
03
Loan limits are simple here
Every Michigan county uses the national baseline: $832,750 for a conforming loan and $541,287 for an FHA loan on a one-unit home in 2026. There are no high-cost counties in the state, so the limit is the same in Troy, Detroit, Lansing and Ann Arbor.
How it works from Troy.
Four steps, one pro, and nothing that requires a trip to our office unless you want one.
1
Talk to a pro
A short call about what you want to do. We look at your situation and give you an honest read. No hard credit pull until you are ready to move forward.
2
Get real numbers
Your pro shops the lenders we work with and comes back with actual rates and costs, explained line by line, so you can compare against anyone else.
3
We prepare the file
Documents gathered once, the appraisal ordered early, and any Michigan-specific item handled, such as the Principal Residence Exemption and the uncapping of property taxes.
4
Close where it suits you
Purchase closings commonly take 30 to 45 days, streamline refinances often need less paperwork, and timelines vary with the appraisal, title and underwriting. You can sign at our Troy office, at the title company near you, or with a mobile notary at your kitchen table.
Questions we hear in Troy.
If yours is not here, call or stop in. A licensed pro will answer it directly, with no obligation.
Do I need to come to the office?
No. Most of our Troy clients never do; the whole process runs by phone, email and e-signature, and closings can be arranged at the title company or with a mobile notary. But the office is here if you want to sit across a table from your pro, review a Loan Estimate together or sign in person. Appointments are easiest, and parking is free.
What will my property taxes be after I buy in Troy?
Higher than the seller’s bill, in most cases. Michigan caps how fast a home’s taxable value can rise each year, and the cap comes off when the home changes hands, so your bill resets to the current state equalized value. Ask for the SEV, not the seller’s tax bill, when you budget, and file the Principal Residence Exemption after closing. We include the realistic figure in your payment estimate.
Will I need a jumbo loan for a home in Troy or Birmingham?
Only if the loan itself, not the price, is above $832,750, the 2026 conforming limit that applies in every Michigan county. On a home priced above that, a larger down payment can keep the loan conforming, which usually means easier underwriting and lower reserve requirements. We run both versions and show you the difference.
I am relocating to Troy for work. How fast can you move?
Pre-approval usually moves quickly once we have your documents, and it does not matter where you are today. We regularly work with buyers moving in for the automotive, technology and healthcare employers along Big Beaver and I-75, on a start-date timeline, with the closing arranged around your arrival.
How much do I need to put down in Troy?
Less than you may think. Conventional loans start at 3 percent for many first-time buyers and 5 percent otherwise, FHA at 3.5 percent, and eligible veterans can buy with nothing down. Twenty percent removes mortgage insurance and usually improves pricing, but it is a choice, not a requirement.
Talk to a pro about Troy.
Tell us what you are looking to do. A licensed pro who works this market will call back, usually the same business day. Asking does not start a loan or require a hard credit pull.
Prefer to talk?
248-416-1361
Open 24/7. Ask for your pro by name.
Visit our office
880 W. Long Lake Rd, Suite 300
Troy, Michigan 48098, just off I-75. Free parking.
Licensed and reviewed
Michigan 1st Mortgage Broker/Lender License FL0023852. NMLS #1925352. Rated 4.9 across 5,400+ Google reviews.