# Best Mortgage Lenders in Michigan

**As of:** 2026-06-04

Compare the top mortgage lenders in Michigan. Data-driven rankings based on pricing, approval rates, and local market expertise.

> **Canonical URL:** https://saferate.com/local/michigan/best-mortgage-lenders


> **📋 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


## Market Statistics

- **Total Lenders:** 309
- **Total Loans:** 112,266
- **Median Rate Spread:** 0.41037037037037033%

## Top Lenders

| Rank | Lender | Safe Rate Score | Pricing | Pull-Through | Place | Avg Fees | Rate Spread | Volume | Type | Channel | Notes |
|------|--------|----------------|---------|--------------|-------|----------|-------------|--------|------|---------|-------|
| 1 | [LAKE MICHIGAN CREDIT UNION](https://saferate.com/lenders/lake-michigan-credit-union) | 88 | 82 | 82 | 100 | $1074 | -0.051% | 6,220 | Credit Union | Direct | — |
| 2 | [MICHIGAN SCHOOLS AND GOVERNMENT](https://saferate.com/lenders/michigan-schools-and-government) | 78 | 78 | 70 | 87 | $642 | -0.310% | 1,084 | Credit Union | Direct | — |
| 3 | [UNITED WHOLESALE MORTGAGE, LLC](https://saferate.com/lenders/united-wholesale-mortgage) | 77 | 41 | 93 | 99 | $2231 | 0.414% | 14,800 | Independent Mortgage Company | Wholesale | Pricing may vary between mortgage brokers. |
| 4 | [The Dart Bank](https://saferate.com/lenders/the-dart-bank) | 77 | 63 | 77 | 91 | $1638 | 0.214% | 1,842 | Bank | Direct | — |
| 5 | [Mercantile Bank](https://saferate.com/lenders/mercantile-bank) | 77 | 71 | 70 | 89 | $919 | 0.239% | 1,395 | Bank | Direct | — |
| 6 | [Old National Bank](https://saferate.com/lenders/old-national-bank) | 77 | 84 | 70 | 78 | $599 | 0.012% | 640 | Bank | Direct | — |
| 7 | [Honor Credit Union](https://saferate.com/lenders/honor-credit-union) | 77 | 78 | 74 | 81 | $936 | 0.240% | 485 | Credit Union | Direct | — |
| 8 | [Frankenmuth Credit Union](https://saferate.com/lenders/frankenmuth-credit-union) | 76 | 71 | 77 | 79 | $1152 | 0.250% | 374 | Credit Union | Direct | — |
| 9 | [The Huntington National Bank](https://saferate.com/lenders/the-huntington-national-bank) | 75 | 61 | 75 | 90 | $243 | 0.391% | 3,007 | Bank | Direct | — |
| 10 | [Independent Bank](https://saferate.com/lenders/independent-bank-mi) | 75 | 68 | 70 | 89 | $1136 | 0.254% | 1,300 | Bank | Direct | — |
| 11 | [CONSUMERS CREDIT UNION](https://saferate.com/lenders/consumers-credit-union) | 75 | 63 | 73 | 88 | $1329 | 0.288% | 1,200 | Credit Union | Direct | — |
| 12 | [ROCKET MORTGAGE, LLC](https://saferate.com/lenders/rocket-mortgage) | 74 | 29 | 95 | 98 | $3007 | 0.426% | 14,284 | Independent Mortgage Company | Direct & Wholesale | Pricing may vary depending on whether you work with Rocket Mortgage directly or with a mortgage broker. |
| 13 | [First Merchants Bank](https://saferate.com/lenders/first-merchants-bank) | 74 | 66 | 71 | 85 | $1114 | 0.184% | 1,106 | Bank | Direct | — |
| 14 | [Bank of America, National Association](https://saferate.com/lenders/bank-of-america-national-association) | 74 | 73 | 75 | 73 | $1268 | 0.012% | 684 | Bank | Direct | — |
| 15 | [NAVY FEDERAL CREDIT UNION](https://saferate.com/lenders/navy-federal-credit-union) | 74 | 93 | 60 | 70 | $573 | -0.489% | 503 | Credit Union | Direct | — |
| 16 | [STAUNTON FINANCIAL, INC.](https://saferate.com/lenders/staunton-financial) | 73 | 46 | 83 | 92 | $1965 | 0.335% | 1,989 | Independent Mortgage Company | Direct | — |
| 17 | [MORTGAGE CENTER L.C](https://saferate.com/lenders/mortgage-center-lc) | 73 | 67 | 66 | 86 | $1210 | 0.126% | 923 | Independent Mortgage Company | Direct | — |
| 18 | [MICHIGAN STATE UNIVERSITY Federal Credit Union](https://saferate.com/lenders/michigan-state-university-federal-credit-union) | 73 | 70 | 65 | 85 | $1207 | 0.262% | 841 | Credit Union | Direct | — |
| 19 | [MICHIGAN FIRST CREDIT UNION](https://saferate.com/lenders/michigan-first-credit-union) | 73 | 64 | 72 | 85 | $1362 | 0.321% | 777 | Credit Union | Direct | — |
| 20 | [UNITED FEDERAL CREDIT UNION](https://saferate.com/lenders/united-federal-credit-union) | 72 | 65 | 74 | 77 | $1415 | 0.183% | 401 | Credit Union | Direct | — |
| 21 | [First State Bank](https://saferate.com/lenders/first-state-bank-mi) | 71 | 56 | 72 | 86 | $1290 | 0.214% | 877 | Bank | Direct | — |
| 22 | [U.S. Bank National Association](https://saferate.com/lenders/us-bank-national-association) | 71 | 75 | 71 | 66 | $128 | 0.124% | 373 | Bank | Direct | — |
| 23 | [ARBOR FINANCIAL CREDIT UNION](https://saferate.com/lenders/arbor-financial-credit-union) | 71 | 57 | 79 | 78 | $1504 | 0.299% | 316 | Credit Union | Direct | — |
| 24 | [Fifth Third Bank, National Association](https://saferate.com/lenders/fifth-third-bank-national-association) | 69 | 62 | 62 | 84 | $668 | 0.326% | 1,528 | Bank | Direct | — |
| 25 | [Superior National Bank](https://saferate.com/lenders/superior-national-bank) | 69 | 58 | 67 | 82 | $1053 | 0.378% | 520 | Bank | Direct | — |
| 26 | [Dort Financial Credit Union](https://saferate.com/lenders/dort-financial-credit-union) | 69 | 48 | 82 | 77 | $600 | 0.216% | 273 | Credit Union | Direct | — |
| 27 | [MORTGAGE 1 INCORPORATED](https://saferate.com/lenders/mortgage-1-incorporated) | 68 | 25 | 83 | 95 | $2750 | 0.558% | 3,179 | Independent Mortgage Company | Direct | — |
| 28 | [Flagstar Bank, N.A.](https://saferate.com/lenders/flagstar-bank) | 68 | 40 | 76 | 88 | $1816 | 0.487% | 2,869 | Bank | Direct & Wholesale | Pricing may vary depending on whether you work with Flagstar Bank, N.A. directly or with a mortgage broker. |
| 29 | [Genisys Credit Union](https://saferate.com/lenders/genisys-credit-union) | 68 | 54 | 66 | 85 | $938 | 0.149% | 810 | Credit Union | Direct | — |
| 30 | [PNC Bank, National Association](https://saferate.com/lenders/pnc-bank-national-association) | 68 | 71 | 61 | 73 | -$210 (Credit) | 0.193% | 526 | Bank | Direct | — |
| 31 | [University Bank](https://saferate.com/lenders/university-bank) | 68 | 46 | 86 | 73 | $1826 | 0.455% | 317 | Bank | Direct | — |
| 32 | [JPMorgan Chase Bank, National Association](https://saferate.com/lenders/jpmorgan-chase-bank-national-association) | 67 | 49 | 70 | 82 | $1775 | 0.318% | 2,049 | Bank | Direct & Wholesale | Pricing may vary depending on whether you work with JPMorgan Chase Bank, National Association directly or with a mortgage broker. |
| 33 | [Citizens Bank, National Association](https://saferate.com/lenders/citizens-bank-national-association) | 67 | 69 | 62 | 71 | $417 | 0.100% | 427 | Bank | Direct | — |
| 34 | [OAK MORTGAGE, LLC](https://saferate.com/lenders/oak-mortgage) | 67 | 63 | 61 | 77 | $1125 | 0.239% | 308 | Independent Mortgage Company | Direct | — |
| 35 | [FIRST COMMUNITY MORTGAGE, INC.](https://saferate.com/lenders/first-community-mortgage) | 66 | 31 | 89 | 79 | $2792 | 0.547% | 917 | Independent Mortgage Company | Direct & Wholesale | Pricing may vary depending on whether you work with First Community Mortgage directly or with a mortgage broker. |
| 36 | [ARK-LA-TEX FINANCIAL SERVICES, LLC.](https://saferate.com/lenders/ark-la-tex-financial-services) | 66 | 46 | 83 | 70 | $2148 | 0.439% | 457 | Independent Mortgage Company | Direct & Wholesale | Pricing may vary depending on whether you work with Ark-La-Tex Financial Services directly or with a mortgage broker. |
| 37 | [LOANDEPOT.COM, LLC](https://saferate.com/lenders/loandepotcom) | 65 | 48 | 76 | 71 | $2883 | 0.420% | 670 | Independent Mortgage Company | Direct & Wholesale | Pricing may vary depending on whether you work with Loandepot.Com directly or with a mortgage broker. |
| 38 | [ChoiceOne Bank](https://saferate.com/lenders/choiceone-bank) | 65 | 59 | 58 | 79 | $1003 | 0.171% | 352 | Bank | Direct | — |
| 39 | [UNION HOME MORTGAGE CORP.](https://saferate.com/lenders/union-home-mortgage) | 64 | 22 | 83 | 88 | $3000 | 0.809% | 2,797 | Independent Mortgage Company | Direct & Wholesale | Pricing may vary depending on whether you work with Union Home Mortgage Corp. directly or with a mortgage broker. |
| 40 | [RUOFF MORTGAGE COMPANY, INC.](https://saferate.com/lenders/ruoff-mortgage-company) | 64 | 43 | 75 | 75 | $2074 | 0.382% | 615 | Independent Mortgage Company | Direct | — |
| 41 | [FREEDOM MORTGAGE CORPORATION](https://saferate.com/lenders/freedom-mortgage) | 64 | 55 | 67 | 71 | $2191 | 0.489% | 568 | Independent Mortgage Company | Direct & Wholesale | Pricing may vary depending on whether you work with Freedom Mortgage Corporation directly or with a mortgage broker. |
| 42 | [CREDIT UNION ONE](https://saferate.com/lenders/credit-union-one) | 64 | 69 | 48 | 77 | $414 | 0.350% | 281 | Credit Union | Direct | — |
| 43 | [COMMUNITY FINANCIAL CREDIT UNION](https://saferate.com/lenders/community-financial-credit-union) | 64 | 71 | 44 | 75 | $1147 | 0.155% | 231 | Credit Union | Direct | — |
| 44 | [THE LOAN STORE, INC.](https://saferate.com/lenders/the-loan-store) | 63 | 40 | 77 | 72 | $1527 | 0.442% | 573 | Independent Mortgage Company | Wholesale | Pricing may vary between mortgage brokers. |
| 45 | [GUARANTEED RATE, INC.](https://saferate.com/lenders/guaranteed-rate) | 62 | 41 | 69 | 75 | $2071 | 0.334% | 923 | Independent Mortgage Company | Direct | — |
| 46 | [MICHIGAN MUTUAL, INC.](https://saferate.com/lenders/michigan-mutual) | 62 | 32 | 73 | 82 | $2282 | 0.638% | 918 | Independent Mortgage Company | Direct & Wholesale | Pricing may vary depending on whether you work with Michigan Mutual directly or with a mortgage broker. |
| 47 | [PENNYMAC LOAN SERVICES, LLC](https://saferate.com/lenders/pennymac-loan-services) | 62 | 56 | 63 | 68 | $2071 | 0.110% | 449 | Independent Mortgage Company | Direct & Wholesale | Pricing may vary depending on whether you work with Pennymac Loan Services directly or with a mortgage broker. |
| 48 | [TOWNE MORTGAGE COMPANY](https://saferate.com/lenders/towne-mortgage-mi) | 62 | 40 | 79 | 69 | $1928 | 0.456% | 311 | Independent Mortgage Company | Wholesale | Pricing may vary between mortgage brokers. |
| 49 | [Wells Fargo Bank, National Association](https://saferate.com/lenders/wells-fargo-bank-national-association) | 62 | 63 | 59 | 64 | $2402 | 0.155% | 274 | Bank | Direct | — |
| 50 | [Mortgage Research Center, LLC](https://saferate.com/lenders/mortgage-research-center) | 61 | 34 | 70 | 80 | $1753 | 0.748% | 1,673 | Independent Mortgage Company | Direct | — |

## Methodology

Safe Rate calculates these rankings using a risk-adjusted, data-driven scoring system based on Home Mortgage Disclosure Act (HMDA) filings. Rather than relying on simple averages, our statistical models control for loan-level risk factors (such as LTV, loan amount, and property value) to evaluate a lender's true competitiveness within Michigan.

Our composite Safe Rate Score is derived using a weighted average of the following factors:
1. **Pricing:** Evaluates the lender's interest rates and net fees relative to the market.
2. **Pull-Through:** Measures the percentage of applications that successfully close, indicating reliability and customer service.
3. **Local Place Knowledge:** Analyzes the lender's total number of loans originated in the specific geography to determine local market expertise.

## Licensing & Disclosures

Lender rankings and market statistics are created by [Dylan Hall, licensed mortgage loan officer (NMLS #1658740)](https://www.nmlsconsumeraccess.org/EntityDetails.aspx/INDIVIDUAL/1658740). Safe Rate is a mortgage technology platform; mortgage lending services are provided by [PartnerOwn LLC dba Safe Rate Mortgage, a licensed mortgage broker and lender (NMLS #1590949)](https://www.nmlsconsumeraccess.org/EntityDetails.aspx/COMPANY/1590949). Safe Rate Mortgage is a lending partner of some of the lenders ranked on this page, and Safe Rate Inc. has software or service customers on this list; however, all rankings are calculated using objective, public Home Mortgage Disclosure Act (HMDA) datasets, completely independent of any corporate partnerships, client relationships, or compensation.