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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 VA Mortgage Bank Lenders in Michigan
Updated February 6, 2026
Market Overview
15
Total Lenders
112,266
Total Loans
0.41%
Median Rate Spread
| Rank | Lender | Overall | Pricing | Product | Pull Through | Place | Avg Fees | Spread | Volume | Action |
|---|---|---|---|---|---|---|---|---|---|---|
1 | Fifth Third Bank, National Association | Exceptional | Exceptional | Strong | Strong | Exceptional | $668 | +0.326% | 1,528 | |
2 | The Huntington National Bank | Exceptional | Strong | Exceptional | Strong | Exceptional | $243 | +0.391% | 3,007 | |
3 | University Bank | Exceptional | Strong | Exceptional | Exceptional | Strong | $1,826 | +0.455% | 317 | |
4 | JPMorgan Chase Bank, National Association | Exceptional | Strong | Exceptional | Sound | Exceptional | $1,775 | +0.318% | 2,049 | |
5 | U.S. Bank National Association | Exceptional | Strong | Exceptional | Strong | Strong | $128 | +0.124% | 373 | |
6 | Flagstar Bank, N.A. | Exceptional | Sound | Exceptional | Strong | Exceptional | $1,816 | +0.487% | 2,869 | |
7 | Independent Bank | Exceptional | Strong | Sound | Strong | Exceptional | $1,136 | +0.254% | 1,300 | |
8 | USAA Federal Savings Bank | Exceptional | Strong | Exceptional | Sound | Strong | $1,635 | -0.155% | 292 | |
9 | Plains Commerce Bank | Strong | Sound | Exceptional | Strong | Strong | $1,942 | +0.483% | 261 | |
10 | The Dart Bank | Strong | Acceptable | Strong | Exceptional | Exceptional | $1,638 | +0.214% | 1,842 | |
11 | First Merchants Bank | Strong | Strong | Sound | Acceptable | Exceptional | $1,114 | +0.184% | 1,106 | |
12 | First State Bank | Strong | Sound | Sound | Strong | Exceptional | $1,290 | +0.214% | 877 | |
13 | Northpointe Bank | Strong | Sound | Strong | Strong | Strong | $2,485 | +0.280% | 332 | |
14 | Wells Fargo Bank, National Association | Strong | Sound | Exceptional | Sound | Strong | $2,402 | +0.155% | 274 | |
15 | PNC Bank, National Association | Strong | Sound | Strong | Sound | Strong | -$210 | +0.193% | 526 |
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.
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