# OAK MORTGAGE, LLC

> **Canonical URL:** https://saferate.com/lenders/oak-mortgage


> **📋 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


OAK MORTGAGE, LLC is a independent mortgage company, headquartered in STURGIS, MI, serving borrowers across 2 states, with 327 loans originated in the most recent reporting period.

**At a Glance:**
- **Pricing:** Ranks in the top 37% of lenders for competitive rates
- **Approval Rate:** Ranks in the top 39% for loan approval success

## Overview

- **Institution Type:** Independent Mortgage Company
- **LEI (Legal Entity Identifier):** 549300WJMSK78N2L9U23
- **Headquarters:** STURGIS, MI
- **Geographic Reach:** Regional
- **States Served:** 2
- **State List:** IN, MI
- **Markets (MSAs):** 5
- **Primary Channel:** Direct to Consumer
- **Direct Origination:** 100%
- **Brokered/Wholesale:** 0%

## Safe Rate Ratings

### Pricing: Strong 😀
- Score: 63/100
- Rating: ●●●●○ (4/5)

### Pull Through: Strong 😀
- Score: 61/100
- Rating: ●●●●○ (4/5)

### Pricing Details
- **Average Rate Spread:** +0.244%
  - *(Average of lender's APR minus market average APR)*
- **Average Net Fees:** $1,121
  - *(Borrower paid Origination Charges minus Lender Credits)*

### Lending Volume
- **Total Loans:** 327
- **Dollar Volume:** $96 million
- **Applications Received:** 419
- **Market Share:** 1.00%

## Typical Borrower Profile

- **Average Loan Amount:** $292,890
- **Average Borrower Income:** $161,333
- **Average Property Value:** $414,052

## Safe Rate Awards 🏆

- ⭐ **Conventional Gold Superstar** (70%)
- ⭐ **Purchase Gold Superstar** (70%)

## Performance by Loan Product

| Product | Score | Volume | Avg Spread | Avg Fees | Rating |
|---------|-------|--------|------------|----------|--------|
| Conventional | 66/100 | 319 | +0.237% | $1,109 | Strong 😀 |

### Product Performance by Purpose

**Conventional:**
- Purchase: 257 loans, Score: 65/100 (Strong)
- Refinance: 62 loans, Score: 61/100 (Strong)

## Performance by Loan Purpose

| Purpose | Score | Volume | Dollar Volume | Avg Spread | Rating |
|---------|-------|--------|---------------|------------|--------|
| Purchase | 63/100 | 265 | $84M | +0.233% | Strong 😀 |
| Refinance | 59/100 | 62 | $12M | +0.285% | Sound ☺️ |

## State Performance

| State | Volume | Market Share | Place Score |
|-------|--------|--------------|-------------|
| MI | 308 | 0.27% | 77/100 |
| IN | 19 | 0.02% | 46/100 |

## Top Metro Markets (MSAs)

| Market | State | Volume | Place Score |
|--------|-------|--------|-------------|
| Non |  | 142 | 62/100 |
| Niles, MI | MI | 65 | 79/100 |
| Battle Creek, MI | MI | 59 | 82/100 |
| Kalamazoo | MI | 31 | 60/100 |
| South Bend | IN-MI | 10 | 44/100 |

## Where This Lender Ranks

OAK MORTGAGE, LLC appears in the following market rankings:

### Best Overall Mortgage Lenders

- 🥇 **#1** in Niles, MI Mortgage Companies
  - [View Full Rankings](https://saferate.com/niles-mi/best-mortgage-lenders/mortgage-companies)
- 🥇 **#1** in Niles, MI for Conventional Loans (Mortgage Companies)
  - [View Full Rankings](https://saferate.com/niles-mi/best-mortgage-lenders/mortgage-companies/conventional-loans)
- 🥇 **#1** in Battle Creek, MI Mortgage Companies
  - [View Full Rankings](https://saferate.com/battle-creek-mi/best-mortgage-lenders/mortgage-companies)
- 🥇 **#1** in Battle Creek, MI for Conventional Loans (Mortgage Companies)
  - [View Full Rankings](https://saferate.com/battle-creek-mi/best-mortgage-lenders/mortgage-companies/conventional-loans)
- 🥈 **#2** in Kalamazoo Mortgage Companies
  - [View Full Rankings](https://saferate.com/kalamazoo/best-mortgage-lenders/mortgage-companies)
- 🥈 **#2** in Kalamazoo for Conventional Loans (Mortgage Companies)
  - [View Full Rankings](https://saferate.com/kalamazoo/best-mortgage-lenders/mortgage-companies/conventional-loans)
- 🥉 **#3** in Michigan for Conventional Loans (Mortgage Companies)
  - [View Full Rankings](https://saferate.com/michigan/best-mortgage-lenders/mortgage-companies/conventional-loans)
- 🏆 **#4** in Michigan Mortgage Companies
  - [View Full Rankings](https://saferate.com/michigan/best-mortgage-lenders/mortgage-companies)
- 🏆 **#4** in Niles, MI
  - [View Full Rankings](https://saferate.com/niles-mi/best-mortgage-lenders)
- 🏆 **#4** in Battle Creek, MI
  - [View Full Rankings](https://saferate.com/battle-creek-mi/best-mortgage-lenders)
- 🏆 **#4** in Battle Creek, MI for Conventional Loans
  - [View Full Rankings](https://saferate.com/battle-creek-mi/best-mortgage-lenders/conventional-loans)
- 🏆 **#5** in Niles, MI for Conventional Loans
  - [View Full Rankings](https://saferate.com/niles-mi/best-mortgage-lenders/conventional-loans)
- 🏆 **#5** in South Bend for Conventional Loans (Mortgage Companies)
  - [View Full Rankings](https://saferate.com/south-bend/best-mortgage-lenders/mortgage-companies/conventional-loans)
- 🏆 **#7** in Michigan for Jumbo Loans (Mortgage Companies)
  - [View Full Rankings](https://saferate.com/michigan/best-mortgage-lenders/mortgage-companies/jumbo-loans)
- 🏆 **#9** in Kalamazoo
  - [View Full Rankings](https://saferate.com/kalamazoo/best-mortgage-lenders)
- 🏆 **#9** in Kalamazoo for Conventional Loans
  - [View Full Rankings](https://saferate.com/kalamazoo/best-mortgage-lenders/conventional-loans)
- 🏆 **#19** in South Bend for Conventional Loans
  - [View Full Rankings](https://saferate.com/south-bend/best-mortgage-lenders/conventional-loans)

## Frequently Asked Questions

### What loan types does OAK MORTGAGE, LLC offer?

OAK MORTGAGE, LLC offers the following mortgage loan types: Conventional. Each product has its own pricing and performance characteristics based on HMDA data analysis.

### Where does OAK MORTGAGE, LLC offer mortgages?

OAK MORTGAGE, LLC offers mortgages in 2 states: IN, MI.

### How competitive are OAK MORTGAGE, LLC's mortgage rates?

OAK MORTGAGE, LLC has a pricing score of 63/100 (Strong), based on analysis of their loan data including average rate spread and fees compared to market benchmarks.
Their average rate spread is 0.244% above market average.

### What type of lender is OAK MORTGAGE, LLC?

OAK MORTGAGE, LLC is a non-depository lender that specializes in mortgage origination, headquartered in STURGIS, MI.

### What is OAK MORTGAGE, LLC's loan approval success rate?

OAK MORTGAGE, LLC has a pull-through score of 61/100 (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/oak-mortgage

### How to Cite

> "OAK MORTGAGE, LLC Mortgage Lender Profile." Safe Rate, 2026. https://saferate.com/lenders/oak-mortgage

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