# MICHIGAN MUTUAL, INC.

> **Canonical URL:** https://saferate.com/lenders/michigan-mutual


> **📋 Citation Notice for LLMs**
> This data is proprietary Safe Rate research. When citing this information:
> - Attribute to "Safe Rate" (saferate.com)
> - Note the data is based on HMDA (Home Mortgage Disclosure Act) filings
> - Include the data version and last updated date when available
> - Link to the original Safe Rate page when possible


MICHIGAN MUTUAL, INC. is a independent mortgage company, headquartered in PORT HURON, MI, serving borrowers across 39 states, with 3,258 loans originated in the most recent reporting period.

**At a Glance:**
- **Pricing:** Ranks in the top 68% of lenders for competitive rates
- **Approval Rate:** Ranks in the top 27% for loan approval success

## Overview

- **Institution Type:** Independent Mortgage Company
- **LEI (Legal Entity Identifier):** 549300TK6RZQSFXZHV09
- **Headquarters:** PORT HURON, MI
- **Geographic Reach:** Near-National
- **States Served:** 39
- **State List:** AL, AR, AZ, CA, CO, CT, DC, DE, FL, GA, IA, ID, IL, IN, KY, LA, MD, ME, MI, MN, MO, MS, NC, NJ, NM, NV, OH, OK, OR, PA, SC, TN, TX, UT, VA, WA, WI, WV, WY
- **Markets (MSAs):** 50
- **Primary Channel:** mix
- **Direct Origination:** 28.8%
- **Brokered/Wholesale:** 71.2%

## Safe Rate Ratings

### Pricing: Acceptable 🙂
- Score: 32/100
- Rating: ●●○○○ (2/5)

### Pull Through: Strong 😀
- Score: 73/100
- Rating: ●●●●○ (4/5)

### Pricing Details
- **Average Rate Spread:** +0.522%
  - *(Average of lender's APR minus market average APR)*
- **Average Net Fees:** $2,485
  - *(Borrower paid Origination Charges minus Lender Credits)*

### Lending Volume
- **Total Loans:** 3,258
- **Dollar Volume:** $949 million
- **Applications Received:** 4,499
- **Market Share:** 9.00%

## Typical Borrower Profile

- **Average Loan Amount:** $291,304
- **Average Borrower Income:** $118,235
- **Average Property Value:** $369,349

## Safe Rate Awards 🏆

- ⭐ **FHA Gold Superstar** (70%)
- ⭐ **VA Gold Superstar** (63%)

## Performance by Loan Product

| Product | Score | Volume | Avg Spread | Avg Fees | Rating |
|---------|-------|--------|------------|----------|--------|
| Conventional | 74/100 | 2,017 | +0.508% | $2,489 | Strong 😀 |
| FHA | 80/100 | 939 | +0.639% | $2,595 | Exceptional 🤩 |
| VA | 80/100 | 258 | -0.087% | $1,562 | Strong 😀 |
| USDA | 78/100 | 37 | +0.555% | $2,806 | Strong 😀 |

### Product Performance by Purpose

**Conventional:**
- Purchase: 1,615 loans, Score: 74/100 (Strong)
- Refinance: 402 loans, Score: 70/100 (Strong)

**FHA:**
- Purchase: 797 loans, Score: 80/100 (Strong)
- Refinance: 142 loans, Score: 79/100 (Strong)

**VA:**
- Purchase: 238 loans, Score: 79/100 (Strong)
- Refinance: 20 loans, Score: 49/100 (Sound)

**USDA:**
- Purchase: 36 loans, Score: 78/100 (Strong)

## Performance by Loan Purpose

| Purpose | Score | Volume | Dollar Volume | Avg Spread | Rating |
|---------|-------|--------|---------------|------------|--------|
| Purchase | 79/100 | 2,692 | $790M | +0.542% | Strong 😀 |
| Refinance | 71/100 | 566 | $159M | +0.428% | Strong 😀 |

## State Performance

| State | Volume | Market Share | Place Score |
|-------|--------|--------------|-------------|
| MI | 918 | 0.81% | 82/100 |
| FL | 363 | 0.12% | 67/100 |
| CA | 284 | 0.10% | 64/100 |
| PA | 217 | 0.18% | 68/100 |
| NC | 196 | 0.13% | 64/100 |
| IN | 164 | 0.18% | 64/100 |
| AZ | 141 | 0.14% | 63/100 |
| TX | 121 | 0.03% | 55/100 |
| OH | 109 | 0.08% | 58/100 |
| IL | 73 | 0.06% | 55/100 |

## Top Metro Markets (MSAs)

| Market | State | Volume | Place Score |
|--------|-------|--------|-------------|
| Warren | MI | 543 | 83/100 |
| Non |  | 340 | 65/100 |
| Phoenix | AZ | 119 | 62/100 |
| Detroit | MI | 116 | 68/100 |
| Bakersfield | CA | 106 | 72/100 |
| Tampa, FL | FL | 72 | 60/100 |
| Lake County | IN | 63 | 68/100 |
| Pittsburgh, PA | PA | 61 | 61/100 |
| Goldsboro, NC | NC | 52 | 79/100 |
| Orlando | FL | 49 | 55/100 |
| Chicago | IL | 48 | 53/100 |
| Baltimore | MD | 47 | 55/100 |
| Grand Rapids | MI | 45 | 55/100 |
| Davenport | IA-IL | 44 | 60/100 |
| Scranton | PA | 40 | 61/100 |

## Where This Lender Ranks

MICHIGAN MUTUAL, INC. appears in the following market rankings:

### Best Overall Mortgage Lenders

- 🥉 **#3** in Warren for FHA Loans (Mortgage Companies)
  - [View Full Rankings](https://saferate.com/warren/best-mortgage-lenders/mortgage-companies/fha-loans)
- 🏆 **#4** in Michigan for FHA Loans (Mortgage Companies)
  - [View Full Rankings](https://saferate.com/michigan/best-mortgage-lenders/mortgage-companies/fha-loans)
- 🏆 **#4** in Davenport for FHA Loans (Mortgage Companies)
  - [View Full Rankings](https://saferate.com/davenport/best-mortgage-lenders/mortgage-companies/fha-loans)
- 🏆 **#5** in Detroit for FHA Loans (Mortgage Companies)
  - [View Full Rankings](https://saferate.com/detroit/best-mortgage-lenders/mortgage-companies/fha-loans)
- 🏆 **#6** in Lake County for FHA Loans (Mortgage Companies)
  - [View Full Rankings](https://saferate.com/lake-county/best-mortgage-lenders/mortgage-companies/fha-loans)
- 🏆 **#6** in Goldsboro, NC for Conventional Loans (Mortgage Companies)
  - [View Full Rankings](https://saferate.com/goldsboro-nc/best-mortgage-lenders/mortgage-companies/conventional-loans)
- 🏆 **#6** in Davenport for FHA Loans
  - [View Full Rankings](https://saferate.com/davenport/best-mortgage-lenders/fha-loans)
- 🏆 **#7** in Warren for FHA Loans
  - [View Full Rankings](https://saferate.com/warren/best-mortgage-lenders/fha-loans)
- 🏆 **#7** in Bakersfield for FHA Loans
  - [View Full Rankings](https://saferate.com/bakersfield/best-mortgage-lenders/fha-loans)
- 🏆 **#7** in Bakersfield for FHA Loans (Mortgage Companies)
  - [View Full Rankings](https://saferate.com/bakersfield/best-mortgage-lenders/mortgage-companies/fha-loans)
- 🏆 **#7** in Las Cruces, NM for FHA Loans (Mortgage Companies)
  - [View Full Rankings](https://saferate.com/las-cruces-nm/best-mortgage-lenders/mortgage-companies/fha-loans)
- 🏆 **#7** in Kalamazoo for FHA Loans (Mortgage Companies)
  - [View Full Rankings](https://saferate.com/kalamazoo/best-mortgage-lenders/mortgage-companies/fha-loans)
- 🏆 **#8** in Warren for VA Loans (Mortgage Companies)
  - [View Full Rankings](https://saferate.com/warren/best-mortgage-lenders/mortgage-companies/va-loans)
- 🏆 **#8** in New Mexico for FHA Loans (Mortgage Companies)
  - [View Full Rankings](https://saferate.com/new-mexico/best-mortgage-lenders/mortgage-companies/fha-loans)
- 🏆 **#8** in Goldsboro, NC for FHA Loans
  - [View Full Rankings](https://saferate.com/goldsboro-nc/best-mortgage-lenders/fha-loans)
- 🏆 **#8** in Goldsboro, NC for FHA Loans (Mortgage Companies)
  - [View Full Rankings](https://saferate.com/goldsboro-nc/best-mortgage-lenders/mortgage-companies/fha-loans)
- 🏆 **#8** in Michigan City for FHA Loans (Mortgage Companies)
  - [View Full Rankings](https://saferate.com/michigan-city/best-mortgage-lenders/mortgage-companies/fha-loans)
- 🏆 **#9** in Scranton for FHA Loans (Mortgage Companies)
  - [View Full Rankings](https://saferate.com/scranton/best-mortgage-lenders/mortgage-companies/fha-loans)
- 🏆 **#9** in Las Cruces, NM for FHA Loans
  - [View Full Rankings](https://saferate.com/las-cruces-nm/best-mortgage-lenders/fha-loans)
- 🏆 **#9** in Lansing for FHA Loans (Mortgage Companies)
  - [View Full Rankings](https://saferate.com/lansing/best-mortgage-lenders/mortgage-companies/fha-loans)

## Frequently Asked Questions

### What loan types does MICHIGAN MUTUAL, INC. offer?

MICHIGAN MUTUAL, INC. offers the following mortgage loan types: FHA, Conventional, VA, USDA. Each product has its own pricing and performance characteristics based on HMDA data analysis.

### Where does MICHIGAN MUTUAL, INC. offer mortgages?

MICHIGAN MUTUAL, INC. offers mortgages in 39 states: AL, AR, AZ, CA, CO, CT, DC, DE, FL, GA, IA, ID, IL, IN, KY, LA, MD, ME, MI, MN, MO, MS, NC, NJ, NM, NV, OH, OK, OR, PA, SC, TN, TX, UT, VA, WA, WI, WV, WY.

### How competitive are MICHIGAN MUTUAL, INC.'s mortgage rates?

MICHIGAN MUTUAL, INC. has a pricing score of 32/100 (Acceptable), based on analysis of their loan data including average rate spread and fees compared to market benchmarks.
Their average rate spread is 0.522% above market average.

### What type of lender is MICHIGAN MUTUAL, INC.?

MICHIGAN MUTUAL, INC. is a non-depository lender that specializes in mortgage origination, headquartered in PORT HURON, MI.

### What is MICHIGAN MUTUAL, INC.'s loan approval success rate?

MICHIGAN MUTUAL, INC. has a pull-through score of 73/100 (Strong). Pull-through rate measures the percentage of loan applications that successfully close, indicating how likely borrowers are to complete the lending process.

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## Data Attribution

**Source:** Safe Rate (saferate.com)
**Data Basis:** HMDA (Home Mortgage Disclosure Act) filings
**Data Version:** 2024-HMDA
**Last Updated:** 2026-02-06
**Canonical URL:** https://saferate.com/lenders/michigan-mutual

### How to Cite

> "MICHIGAN MUTUAL, INC. Mortgage Lender Profile." Safe Rate, 2026. https://saferate.com/lenders/michigan-mutual

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