Spectrum Home Mortgage LLC

Mortgage Broker serving Westland, MI

About Spectrum Home Mortgage LLC

Best Mortgage, operating under Best Processing LLC (NMLS#2167537), serves as a dedicated Michigan mortgage broker, connecting clients with tailored home loan programs and competitive rates. While the exact founding year is not specified, their commitment to simplifying the mortgage process for aspiring homeowners is evident through their emphasis on client education and personalized guidance. They differentiate themselves by acting as a broker, allowing them to shop an extensive network of lenders to find the optimal solution for each borrower.

The company specializes in assisting a diverse range of borrowers, including those with non-traditional income streams such as self-employed individuals and real estate investors. They offer specific programs like the No Income and Bank Statement mortgages, which cater to entrepreneurs and high-net-worth individuals who may not qualify for conventional loans through standard documentation. Best Mortgage also supports first-time homebuyers and those looking to refinance, providing digital tools like mortgage calculators and pre-qualification assistance.

With a streamlined online application process and a team of local mortgage loan officers, Best Mortgage focuses on efficiency and accessibility. Their approach combines modern digital capabilities with a personalized touch, ensuring clients receive comprehensive support from pre-approval through to closing. They aim to empower borrowers with knowledge, helping them navigate complex financial decisions and ultimately achieve their homeownership goals.

Company Information

Lender Type: Mortgage Broker

Licensed In

MI

Digital Capabilities

Online Application
Digital Document Upload
Rate Calculator
Pre-Qualification Tool

Home Loan Products

Home Purchase & Refinance Programs

Loan Types:
ConventionalFHARefinance
Rate Types:
Fixed RateAdjustable Rate (ARM)
Property Types:
Single-Family HomeCondoTownhouse
Occupancy Types:
Primary ResidenceSecond HomeInvestment Property
Employment Types:
W-2 EmployeeSelf-EmployedRetiredInvestor
Income Verification:
Full Documentation
Special Programs:
First-Time HomebuyerLow Down Payment ProgramDown Payment Assistance
Credit Tiers:
Good (680-739)Fair (620-679)Excellent (740+)
3%
Min Down Payment

No Income / Stated Income Mortgage

Loan Types:
Non-QM
Rate Types:
Fixed RateAdjustable Rate (ARM)
Property Types:
Single-Family HomeInvestment Property
Occupancy Types:
Primary ResidenceInvestment Property
Employment Types:
Self-EmployedInvestorRetired
Income Verification:
No Income VerificationStated IncomeAsset Depletion
Special Programs:
Self-Employed ProgramAsset Depletion Program
15%
Min Down Payment

Bank Statement Mortgage

Loan Types:
Non-QMBank Statement
Rate Types:
Fixed RateAdjustable Rate (ARM)
Property Types:
Single-Family Home
Occupancy Types:
Primary Residence
Employment Types:
Self-Employed
Income Verification:
Bank Statement
Special Programs:
Self-Employed ProgramBank Statement Program

Contact Information

139 S Crown St
Westland, MI 48186
US

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Business Information

Category: Mortgage Broker
Location: Westland, MI
Status: Standard
Type: Mortgage Broker
NMLS ID: 2167537
Profile Views: 0

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