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Safe Rate's TrueRank Guarantee
Our rankings are earned, not bought. We analyze 2,347 lenders using federal HMDA data—no pay-to-play, no cherry-picking. You see the best options based on performance metrics, not advertising dollars.
Best Bank Mortgage Lenders in Michigan
Updated February 6, 2026
Market Overview
23
Total Lenders
24,121
Total Loans
0.25%
Median Rate Spread
| Rank | Lender | Overall | Pricing | Pull Through | Place | Avg Fees | Spread | Volume | Action |
|---|---|---|---|---|---|---|---|---|---|
1 | Old National Bank | Exceptional | Exceptional | Strong | Strong | $599 | +0.012% | 640 | |
2 | The Huntington National Bank | Exceptional | Strong | Strong | Exceptional | $243 | +0.391% | 3,007 | |
3 | The Dart Bank | Exceptional | Strong | Strong | Exceptional | $1,638 | +0.214% | 1,842 | |
4 | Fifth Third Bank, National Association | Exceptional | Strong | Strong | Exceptional | $668 | +0.326% | 1,528 | |
5 | Mercantile Bank | Exceptional | Strong | Strong | Exceptional | $919 | +0.239% | 1,395 | |
6 | Independent Bank | Exceptional | Strong | Strong | Exceptional | $1,136 | +0.254% | 1,300 | |
7 | First Merchants Bank | Exceptional | Strong | Strong | Exceptional | $1,114 | +0.184% | 1,106 | |
8 | Bank of America, National Association | Strong | Strong | Strong | Strong | $1,268 | +0.012% | 684 | |
9 | PNC Bank, National Association | Strong | Strong | Strong | Strong | -$210 | +0.193% | 526 | |
10 | Citizens Bank, National Association | Strong | Strong | Strong | Strong | $417 | +0.100% | 427 | |
11 | U.S. Bank National Association | Strong | Strong | Strong | Strong | $128 | +0.124% | 373 | |
12 | JPMorgan Chase Bank, National Association | Strong | Sound | Strong | Exceptional | $1,775 | +0.318% | 2,049 | |
13 | First State Bank | Strong | Sound | Strong | Exceptional | $1,290 | +0.214% | 877 | |
14 | Superior National Bank | Strong | Sound | Strong | Exceptional | $1,053 | +0.378% | 520 | |
15 | University Bank | Strong | Sound | Exceptional | Strong | $1,826 | +0.455% | 317 | |
16 | Wells Fargo Bank, National Association | Strong | Strong | Sound | Strong | $2,402 | +0.155% | 274 | |
17 | Isabella Bank | Strong | Strong | Sound | Strong | $895 | -0.177% | 255 | |
18 | Northpointe Bank | Strong | Sound | Strong | Strong | $2,485 | +0.280% | 332 | |
19 | Horizon Bank | Strong | Sound | Strong | Strong | $1,645 | +0.369% | 275 | |
20 | Flagstar Bank, N.A. | Strong | Acceptable | Strong | Exceptional | $1,816 | +0.487% | 2,869 | |
21 | ChoiceOne Bank | Strong | Sound | Sound | Strong | $1,003 | +0.171% | 352 | |
22 | USAA Federal Savings Bank | Strong | Sound | Sound | Strong | $1,635 | -0.155% | 292 | |
23 | Plains Commerce Bank | Strong | Acceptable | Strong | Strong | $1,942 | +0.483% | 261 |
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 30 Points)
10
Pricing
Rate and fee competitiveness (33%)
10
Pull Through
Reliability in closing loans (33%)
10
Place
Local market expertise (33%)
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.
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