Safe Rate Rankings

Best FHA Mortgage Lenders in Detroit

Updated May 19, 2026
⚖️ The 4 PsRankings are calculated based on observed lender differences on closed loans across Pricing, Pull-through, Product, and Place.
🛡️ No Pay to PlayLenders cannot buy their way to the top. Rankings are 100% earned.
📊 HMDA 2024Built using publicly available originated loan data from the federal government.
🎯 Peer BenchmarkedPerformance is normalized and benchmarked against peer institutions.
Total Lenders127
Total Loans16,726
Median Rate Spread0.47%

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RankLenderOverallPricingProductPull ThroughPlaceAvg FeesRate Spread# of LoansAction
1
The Huntington National BankBank
Exceptional
Strong
Exceptional
Strong
Exceptional
$337Credit
0.247%Above
427
2
UNITED WHOLESALE MORTGAGE, LLCIndependent Mortgage Company
Exceptional
Sound
Exceptional
Exceptional
Exceptional
$2,262Fees
0.571%Above
3,431
3
Independent BankBank
Exceptional
Exceptional
Strong
Sound
Strong
$1,203Fees
0.337%Above
166
4
FREEDOM MORTGAGE CORPORATIONIndependent Mortgage Company
Exceptional
Strong
Exceptional
Strong
Strong
$1,753Fees
0.478%Above
99
5
Flagstar Bank, N.A.Bank
Exceptional
Sound
Exceptional
Strong
Exceptional
$1,830Fees
0.621%Above
621
6
LAKE MICHIGAN CREDIT UNIONCredit Union
Exceptional
Strong
Strong
Strong
Strong
$1,059Fees
0.003%Above
278
7
University BankBank
Exceptional
Strong
Strong
Exceptional
Sound
$1,589Fees
0.575%Above
44
8
ROCKET MORTGAGE, LLCIndependent Mortgage Company
Strong
Acceptable
Exceptional
Exceptional
Exceptional
$2,694Fees
0.466%Above
3,175
9
MICHIGAN FIRST CREDIT UNIONCredit Union
Strong
Sound
Strong
Strong
Exceptional
$1,256Fees
0.389%Above
268
10
First Merchants BankBank
Strong
Strong
Strong
Sound
Strong
$1,152Fees
0.183%Above
225
11
Citizens Bank, National AssociationBank
Strong
Strong
Strong
Sound
Strong
$478Credit
0.088%Above
158
12
THE LOAN STORE, INC.Independent Mortgage Company
Strong
Sound
Exceptional
Strong
Strong
$1,398Fees
0.498%Above
139
13
MICHIGAN MUTUAL, INC.Independent Mortgage Company
Strong
Sound
Exceptional
Strong
Strong
$1,778Fees
0.641%Above
116
14
LOANDEPOT.COM, LLCIndependent Mortgage Company
Strong
Sound
Exceptional
Strong
Strong
$2,020Fees
0.498%Above
99
15
PENNYMAC LOAN SERVICES, LLCIndependent Mortgage Company
Strong
Strong
Exceptional
Sound
Sound
$1,432Fees
0.435%Above
70
16
Fifth Third Bank, National AssociationBank
Strong
Strong
Exceptional
Sound
Sound
$147Credit
0.483%Above
58
17
U.S. Bank National AssociationBank
Strong
Strong
Exceptional
Sound
Sound
$178Fees
0.149%Above
54
18
STAUNTON FINANCIAL, INC.Independent Mortgage Company
Strong
Acceptable
Strong
Exceptional
Exceptional
$1,819Fees
0.367%Above
424
19
THE MORTGAGE LINK, INC.Independent Mortgage Company
Strong
Acceptable
Exceptional
Strong
Exceptional
$2,451Fees
0.692%Above
348
20
UNION HOME MORTGAGE CORP.Independent Mortgage Company
Strong
Acceptable
Exceptional
Exceptional
Strong
$2,842Fees
0.738%Above
204
21
NEWREZ LLCIndependent Mortgage Company
Strong
Sound
Exceptional
Sound
Strong
$1,771Fees
0.722%Above
197
22
PRIMELENDING, A PLAINSCAPITAL COMPANYIndependent Mortgage Company
Strong
Acceptable
Exceptional
Exceptional
Strong
$3,909Fees
0.641%Above
172
23
First State BankBank
Strong
Sound
Strong
Strong
Strong
$1,433Fees
0.226%Above
83
24
PNC Bank, National AssociationBank
Strong
Strong
Strong
Sound
Sound
$559Credit
0.275%Above
64
25
Plains Commerce BankBank
Strong
Sound
Exceptional
Strong
Sound
$1,988Fees
0.528%Above
49
26
JPMorgan Chase Bank, National AssociationBank
Strong
Sound
Strong
Sound
Strong
$1,542Fees
0.379%Above
402
27
GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATIONIndependent Mortgage Company
Strong
Acceptable
Exceptional
Strong
Strong
$2,215Fees
0.734%Above
246
28
GUARANTEED RATE, INC.Independent Mortgage Company
Strong
Acceptable
Exceptional
Strong
Strong
$1,974Fees
0.249%Above
228
29
CMG MORTGAGE, INC.Independent Mortgage Company
Strong
Acceptable
Exceptional
Strong
Strong
$2,285Fees
0.702%Above
129
30
Equity Prime Mortgage LLCIndependent Mortgage Company
Strong
Acceptable
Exceptional
Strong
Strong
$2,954Fees
1.349%Above
108
31
MOVEMENT MORTGAGE, LLCIndependent Mortgage Company
Strong
Acceptable
Exceptional
Strong
Strong
$2,143Fees
0.768%Above
93
32
AMERICAN FINANCIAL NETWORK, INC.Independent Mortgage Company
Strong
Acceptable
Exceptional
Strong
Strong
$1,436Fees
1.201%Above
89
33
Superior National BankBank
Strong
Sound
Sound
Strong
Strong
$1,203Fees
0.312%Above
58
34
FIRST COMMUNITY MORTGAGE, INC.Independent Mortgage Company
Strong
Acceptable
Exceptional
Exceptional
Sound
$1,300Fees
0.615%Above
54
35
MORTGAGE 1 INCORPORATEDIndependent Mortgage Company
Strong
Mediocre
Exceptional
Strong
Exceptional
$2,849Fees
0.634%Above
448
36
Mortgage Research Center, LLCIndependent Mortgage Company
Strong
Acceptable
Exceptional
Sound
Strong
$1,296Fees
1.086%Above
191
37
ROSS MORTGAGE CORPORATIONIndependent Mortgage Company
Strong
Acceptable
Strong
Strong
Strong
$1,922Fees
0.506%Above
177
38
RUOFF MORTGAGE COMPANY, INC.Independent Mortgage Company
Strong
Acceptable
Exceptional
Strong
Sound
$1,934Fees
0.489%Above
66
39
PLAZA HOME MORTGAGE, INC.Independent Mortgage Company
Strong
Acceptable
Exceptional
Strong
Sound
$1,674Fees
0.700%Above
59
40
ZILLOW HOME LOANS, LLCIndependent Mortgage Company
Strong
Acceptable
Exceptional
Strong
Sound
$2,013Fees
0.886%Above
37
41
CROSSCOUNTRY MORTGAGE, LLCIndependent Mortgage Company
Strong
Mediocre
Exceptional
Strong
Strong
$3,298Fees
0.712%Above
380
42
Bank of America, National AssociationBank
Strong
Acceptable
Strong
Sound
Strong
$1,103Fees
0.005%Above
184
43
SUCCESS MORTGAGE PARTNERS, INC.Independent Mortgage Company
Strong
Mediocre
Exceptional
Strong
Strong
$3,405Fees
0.413%Above
165
44
NATIONSTAR MORTGAGE LLCIndependent Mortgage Company
Strong
Mediocre
Exceptional
Strong
Strong
$3,044Fees
0.560%Above
99
45
PRESTON HOME LOANS INCIndependent Mortgage Company
Strong
Mediocre
Exceptional
Strong
Strong
$2,351Fees
0.950%Above
49
46
CARRINGTON MORTGAGE SERVICES, LLCIndependent Mortgage Company
Strong
Acceptable
Exceptional
Sound
Sound
$2,969Fees
0.766%Above
42
47
AMERISAVE MORTGAGE CORPORATIONIndependent Mortgage Company
Strong
Acceptable
Exceptional
Sound
Sound
$3,825Fees
0.972%Above
42
48
MUTUAL OF OMAHA MORTGAGE, INC.Independent Mortgage Company
Strong
Acceptable
Exceptional
Sound
Sound
$1,454Fees
0.199%Above
40
49
NEW AMERICAN FUNDING, LLCIndependent Mortgage Company
Sound
Mediocre
Exceptional
Sound
Strong
$2,748Fees
0.823%Above
106
50
BLG HOLDINGS, INC.Independent Mortgage Company
Sound
Mediocre
Strong
Strong
Strong
$3,254Fees
0.622%Above
48

How We Rank Lenders

Our rankings use geometric mean scoring across equally-weighted categories. This rewards lenders who perform consistently well across all metrics, not just excel in one area.

Our Point System (Max 40 Points)

10
Pricing
Rate and fee competitiveness (25%)
10
Pull Through
Reliability in closing loans (25%)
10
Product
Specialization in the loan type (25%)
10
Place
Local market expertise (25%)

Data Integrity & Updates

Data is updated quarterly based on the latest HMDA filings and proprietary SafeRate analysis. All metrics are calculated using standardized methodologies to ensure fair comparison across lenders.