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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 Conventional Mortgage Lenders in Michigan

Updated February 6, 2026

Market Overview

309
Total Lenders
112,266
Total Loans
0.41%
Median Rate Spread
RankLenderOverallPricingProductPull ThroughPlaceAvg FeesSpreadVolumeAction
1
LAKE MICHIGAN CREDIT UNION
Exceptional
Exceptional
Exceptional
Exceptional
Exceptional
$1,074-0.051%6,220
2
Old National Bank
Exceptional
Exceptional
Exceptional
Strong
Strong
$599+0.012%640
3
The Huntington National Bank
Exceptional
Strong
Exceptional
Strong
Exceptional
$243+0.391%3,007
4
The Dart Bank
Exceptional
Strong
Exceptional
Strong
Exceptional
$1,638+0.214%1,842
5
CONSUMERS CREDIT UNION
Exceptional
Strong
Exceptional
Strong
Exceptional
$1,329+0.288%1,200
6
First Merchants Bank
Exceptional
Strong
Exceptional
Strong
Exceptional
$1,114+0.184%1,106
7
NAVY FEDERAL CREDIT UNION
Exceptional
Exceptional
Exceptional
Sound
Strong
$573-0.489%503
8
STAUNTON FINANCIAL, INC.
Exceptional
Sound
Exceptional
Exceptional
Exceptional
$1,965+0.335%1,989
9
Fifth Third Bank, National Association
Exceptional
Strong
Exceptional
Sound
Exceptional
$668+0.326%1,528
10
Mercantile Bank
Exceptional
Strong
Strong
Strong
Exceptional
$919+0.239%1,395
11
Independent Bank
Exceptional
Strong
Strong
Strong
Exceptional
$1,136+0.254%1,300
12
MICHIGAN SCHOOLS AND GOVERNMENT
Exceptional
Strong
Strong
Strong
Exceptional
$642-0.310%1,084
13
MORTGAGE CENTER L.C
Exceptional
Strong
Strong
Strong
Exceptional
$1,210+0.126%923
14
MICHIGAN STATE UNIVERSITY Federal Credit Union
Exceptional
Strong
Strong
Strong
Exceptional
$1,207+0.262%841
15
MICHIGAN FIRST CREDIT UNION
Exceptional
Strong
Strong
Strong
Exceptional
$1,362+0.321%777
16
Bank of America, National Association
Exceptional
Strong
Exceptional
Strong
Strong
$1,268+0.012%684
17
PNC Bank, National Association
Exceptional
Strong
Exceptional
Strong
Strong
-$210+0.193%526
18
Honor Credit Union
Exceptional
Strong
Strong
Strong
Exceptional
$936+0.240%485
19
Frankenmuth Credit Union
Exceptional
Strong
Strong
Exceptional
Strong
$1,152+0.250%374
20
U.S. Bank National Association
Exceptional
Strong
Exceptional
Strong
Strong
$128+0.124%373
21
JPMorgan Chase Bank, National Association
Exceptional
Sound
Exceptional
Strong
Exceptional
$1,775+0.318%2,049
22
Citizens Bank, National Association
Exceptional
Strong
Exceptional
Sound
Strong
$417+0.100%427
23
UNITED FEDERAL CREDIT UNION
Exceptional
Strong
Strong
Strong
Strong
$1,415+0.183%401
24
OAK MORTGAGE, LLC
Exceptional
Strong
Strong
Strong
Strong
$1,125+0.239%308
25
Wells Fargo Bank, National Association
Exceptional
Strong
Exceptional
Sound
Strong
$2,402+0.155%274
26
DOW CREDIT UNION
Exceptional
Strong
Strong
Strong
Strong
$121+0.803%233
27
UNITED WHOLESALE MORTGAGE, LLC
Strong
Acceptable
Exceptional
Exceptional
Exceptional
$2,231+0.414%14,800
28
ROCKET MORTGAGE, LLC
Strong
Acceptable
Exceptional
Exceptional
Exceptional
$3,007+0.426%14,284
29
First State Bank
Strong
Sound
Strong
Strong
Exceptional
$1,290+0.214%877
30
LOANDEPOT.COM, LLC
Strong
Sound
Exceptional
Strong
Strong
$2,883+0.420%670
31
RUOFF MORTGAGE COMPANY, INC.
Strong
Sound
Exceptional
Strong
Strong
$2,074+0.382%615
32
ARK-LA-TEX FINANCIAL SERVICES, LLC.
Strong
Sound
Exceptional
Strong
Strong
$2,148+0.439%457
33
PLAZA HOME MORTGAGE, INC.
Strong
Sound
Exceptional
Strong
Strong
$2,084+0.510%374
34
ChoiceOne Bank
Strong
Strong
Strong
Sound
Strong
$1,003+0.171%352
35
Northpointe Bank
Strong
Sound
Exceptional
Strong
Strong
$2,485+0.280%332
36
MUTUAL OF OMAHA MORTGAGE, INC.
Strong
Strong
Strong
Sound
Strong
$1,941+0.309%282
37
CREDIT UNION ONE
Strong
Strong
Strong
Sound
Strong
$414+0.350%281
38
Dort Financial Credit Union
Strong
Sound
Strong
Exceptional
Strong
$600+0.216%273
39
MORTGAGE 1 INCORPORATED
Strong
Acceptable
Exceptional
Strong
Exceptional
$2,750+0.558%3,179
40
Flagstar Bank, N.A.
Strong
Acceptable
Exceptional
Strong
Exceptional
$1,816+0.487%2,869
41
UNION HOME MORTGAGE CORP.
Strong
Acceptable
Exceptional
Strong
Exceptional
$3,000+0.809%2,797
42
GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION
Strong
Acceptable
Exceptional
Strong
Exceptional
$2,352+0.553%991
43
Genisys Credit Union
Strong
Sound
Strong
Sound
Exceptional
$938+0.149%810
44
PENNYMAC LOAN SERVICES, LLC
Strong
Sound
Exceptional
Sound
Strong
$2,071+0.110%449
45
ARBOR FINANCIAL CREDIT UNION
Strong
Sound
Strong
Strong
Strong
$1,504+0.299%316
46
Horizon Bank
Strong
Sound
Strong
Strong
Strong
$1,645+0.369%275
47
CROSSCOUNTRY MORTGAGE, LLC
Strong
Acceptable
Exceptional
Strong
Strong
$3,411+0.709%1,686
48
GUARANTEED RATE, INC.
Strong
Acceptable
Exceptional
Strong
Strong
$2,071+0.334%923
49
MICHIGAN MUTUAL, INC.
Strong
Acceptable
Strong
Strong
Exceptional
$2,282+0.638%918
50
FIRST COMMUNITY MORTGAGE, INC.
Strong
Acceptable
Exceptional
Strong
Strong
$2,792+0.547%917

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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