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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 FHA Mortgage Lenders in Michigan

Updated February 6, 2026

Market Overview

309

Total Lenders

112,266

Total Loans

0.41%

Median Rate Spread

Rank	Lender	Overall	Pricing	Product	Pull Through	Place	Avg Fees	Spread	Volume
1	The Huntington National Bank	Exceptional	Strong	Exceptional	Strong	Exceptional	$243	+0.391%	3,007
2	Independent Bank	Exceptional	Exceptional	Strong	Sound	Exceptional	$1,136	+0.254%	1,300
3	UNITED WHOLESALE MORTGAGE, LLC	Exceptional	Sound	Exceptional	Exceptional	Exceptional	$2,231	+0.414%	14,800
4	LAKE MICHIGAN CREDIT UNION	Exceptional	Strong	Strong	Strong	Exceptional	$1,074	-0.051%	6,220
5	The Dart Bank	Exceptional	Strong	Strong	Strong	Exceptional	$1,638	+0.214%	1,842
6	Fifth Third Bank, National Association	Exceptional	Strong	Exceptional	Sound	Exceptional	$668	+0.326%	1,528
7	Old National Bank	Exceptional	Exceptional	Strong	Sound	Strong	$599	+0.012%	640
8	FREEDOM MORTGAGE CORPORATION	Exceptional	Strong	Exceptional	Strong	Strong	$2,191	+0.489%	568
9	ARK-LA-TEX FINANCIAL SERVICES, LLC.	Exceptional	Strong	Exceptional	Strong	Strong	$2,148	+0.439%	457
10	University Bank	Exceptional	Strong	Strong	Exceptional	Strong	$1,826	+0.455%	317
11	Flagstar Bank, N.A.	Exceptional	Sound	Exceptional	Strong	Exceptional	$1,816	+0.487%	2,869
12	Mercantile Bank	Exceptional	Strong	Strong	Sound	Exceptional	$919	+0.239%	1,395
13	First Merchants Bank	Exceptional	Strong	Strong	Sound	Exceptional	$1,114	+0.184%	1,106
14	MICHIGAN MUTUAL, INC.	Exceptional	Sound	Exceptional	Strong	Exceptional	$2,282	+0.638%	918
15	PENNYMAC LOAN SERVICES, LLC	Exceptional	Strong	Exceptional	Sound	Strong	$2,071	+0.110%	449
16	U.S. Bank National Association	Exceptional	Strong	Exceptional	Sound	Strong	$128	+0.124%	373
17	TOWNE MORTGAGE COMPANY	Exceptional	Sound	Exceptional	Exceptional	Strong	$1,928	+0.456%	311
18	Dort Financial Credit Union	Exceptional	Strong	Strong	Strong	Strong	$600	+0.216%	273
19	ROCKET MORTGAGE, LLC	Strong	Acceptable	Exceptional	Exceptional	Exceptional	$3,007	+0.426%	14,284
20	UNION HOME MORTGAGE CORP.	Strong	Acceptable	Exceptional	Exceptional	Exceptional	$3,000	+0.809%	2,797
21	MICHIGAN SCHOOLS AND GOVERNMENT	Strong	Strong	Sound	Sound	Exceptional	$642	-0.310%	1,084
22	First State Bank	Strong	Sound	Strong	Strong	Exceptional	$1,290	+0.214%	877
23	MICHIGAN FIRST CREDIT UNION	Strong	Sound	Strong	Strong	Exceptional	$1,362	+0.321%	777
24	LOANDEPOT.COM, LLC	Strong	Sound	Exceptional	Strong	Strong	$2,883	+0.420%	670
25	THE LOAN STORE, INC.	Strong	Sound	Exceptional	Strong	Strong	$1,527	+0.442%	573
26	PNC Bank, National Association	Strong	Strong	Strong	Sound	Strong	-$210	+0.193%	526
27	Honor Credit Union	Strong	Strong	Sound	Sound	Exceptional	$936	+0.240%	485
28	Citizens Bank, National Association	Strong	Strong	Strong	Sound	Strong	$417	+0.100%	427
29	UNITED FEDERAL CREDIT UNION	Strong	Strong	Strong	Sound	Strong	$1,415	+0.183%	401
30	Northpointe Bank	Strong	Sound	Exceptional	Strong	Strong	$2,485	+0.280%	332
31	Plains Commerce Bank	Strong	Sound	Exceptional	Strong	Strong	$1,942	+0.483%	261
32	JPMorgan Chase Bank, National Association	Strong	Sound	Strong	Sound	Exceptional	$1,775	+0.318%	2,049
33	STAUNTON FINANCIAL, INC.	Strong	Acceptable	Strong	Exceptional	Exceptional	$1,965	+0.335%	1,989
34	NEWREZ LLC	Strong	Sound	Exceptional	Sound	Strong	$2,204	+0.577%	1,040
35	GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION	Strong	Acceptable	Exceptional	Strong	Exceptional	$2,352	+0.553%	991
36	FIRST COMMUNITY MORTGAGE, INC.	Strong	Acceptable	Exceptional	Exceptional	Strong	$2,792	+0.547%	917
37	Superior National Bank	Strong	Sound	Sound	Strong	Exceptional	$1,053	+0.378%	520
38	NORTHERN MORTGAGE SERVICES, LLC	Strong	Sound	Strong	Strong	Strong	$3,853	+0.390%	431
39	PRIMELENDING, A PLAINSCAPITAL COMPANY	Strong	Acceptable	Exceptional	Exceptional	Strong	$3,731	+0.615%	263
40	FAIRWAY INDEPENDENT MORTGAGE CORPORATION	Strong	Acceptable	Exceptional	Exceptional	Strong	$2,704	+0.557%	246
41	GUARANTEED RATE, INC.	Strong	Acceptable	Exceptional	Strong	Strong	$2,071	+0.334%	923
42	J. VIRGIL, INC.	Strong	Acceptable	Strong	Strong	Exceptional	$2,772	+0.672%	649
43	RUOFF MORTGAGE COMPANY, INC.	Strong	Acceptable	Exceptional	Strong	Strong	$2,074	+0.382%	615
44	ROSS MORTGAGE CORPORATION	Strong	Acceptable	Strong	Strong	Exceptional	$2,234	+0.445%	597
45	GUILD MORTGAGE COMPANY LLC	Strong	Acceptable	Exceptional	Strong	Strong	$3,168	+0.544%	526
46	THE MORTGAGE LINK, INC.	Strong	Acceptable	Exceptional	Strong	Strong	$2,289	+0.652%	507
47	AMERICAN FINANCIAL NETWORK, INC.	Strong	Acceptable	Exceptional	Strong	Strong	$1,590	+0.912%	434
48	VAN DYK MORTGAGE CORPORATION	Strong	Acceptable	Exceptional	Strong	Strong	$2,405	+0.521%	395
49	PLAZA HOME MORTGAGE, INC.	Strong	Acceptable	Exceptional	Strong	Strong	$2,084	+0.510%	374
50	CMG MORTGAGE, INC.	Strong	Acceptable	Exceptional	Strong	Strong	$2,272	+0.515%	373

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)

Pricing

Rate and fee competitiveness (25%)

Pull Through

Reliability in closing loans (25%)

Product

Specialization in the loan type (25%)

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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