Adrian Mortgage Rates & Closing Costs
30 Year Fixed Rate mortgages in Adrian averaged
7.18%
for the week of 2025-06-18, compared to the national average of
6.81% for the same period.
The average rate for the prior week (2025-06-12) was
7.21% and
one month ago for the week of 2025-05-15, the
average rate was 6.78%.
Adrian's average rate one year ago was 7.02%.
For refis of the same type during the week of 2025-06-18, the average rate
was 6.91%.
| Loan Type | Date | Rate |
|---|---|---|
| US 30 Year Fixed Rate | 2025-06-18 | 6.81% |
| Adrian 30 Year Fixed Rate | 2025-06-18 | 7.18% |
| Adrian 30 Year Fixed Rate Refi | 2025-06-18 | 6.91% |
| Adrian 15 Year Fixed Rate | 2025-06-18 | 6.16% |
| Adrian 15 Year Fixed Rate Refi | 2025-06-18 | 6.36% |
| Adrian 30 Year FHA | 2025-06-18 | 0.42% |
| Adrian 30 Year FHA Refi | 2025-06-18 | 0.1% |
| Adrian 30 Year USDA | 2025-06-18 | -0.1% |
| Adrian 30 Year USDA Refi | 2025-06-18 | -0.1% |
| Adrian 30 Year VA | 2025-06-18 | 0.34% |
| Adrian 30 Year VA Refi | 2025-06-18 | 0.1% |
Adrian Top Lenders by Rates & Fees
The below table looks at the consensus average rates and fees provided by each lender, for only loans originated in the Adrian, MI market. This includes FHA, Conventional, USDA and VA loans, as well as refis. All terms in the below chart are 30 year fixed rate. Unless noted otherwise, other data is all inclusive (FHA, ARM, 15-yr, etc.).
Adrian Average Closing Costs & Other Stats
Adrian, MI's 96 lenders originated 1,971
loans during 2024. The total origination value was $315,965,000, with an average loan value of
$160,307.
Adrian's average closing costs are $4,314.
The top Adrian lender as defined by loan originations is TLC COMMUNITY Credit Union, with
135 loans originated. Their average total fees are
$2,949, which is $2,908
lower than the next largest lender,
QUICKEN LOANS, LLC.
The lowest fee Adrian lenders (with over 10 loans originated) are
FIRST CHOICE MH LLC ($1,337), TLC COMMUNITY Credit Union ($2,949), First Federal Bank of the Midwest ($3,001), Old National Bank ($3,144) and The Huntington National Bank ($3,384).
The lowest rate Adrian lenders (with over 10 loans originated) are
TLC COMMUNITY Credit Union (6.47%), KeyBank (6.48%), Old National Bank (6.71%), First Federal Bank of the Midwest (6.72%) and First Merchants Bank (6.73%).
Adrian, MI Mortgage Market Share & Volume
Loan origination value is a good proxy for a lender's prominence within the market. The general assumption is that larger lenders will have more resources, but may spend more (and therefore charge more) on marketing and overhead expenses.
| Name | 2023 Loan Value | 2024 Loan Value | % Change | 2024 Market Share |
|---|---|---|---|---|
| TLC COMMUNITY Credit Union | $27,090,000 | $35,810,000 | 32.2% | 11.3% |
| QUICKEN LOANS, LLC | $22,450,000 | $28,025,000 | 24.8% | 8.9% |
| GVC MORTGAGE, INC. | $23,650,000 | $23,830,000 | 0.8% | 7.5% |
| Old National Bank | $13,250,000 | $14,790,000 | 11.6% | 4.7% |
| The Huntington National Bank | $14,395,000 | $13,655,000 | -5.1% | 4.3% |
| UNITED WHOLESALE MORTGAGE, LLC | $13,835,000 | $12,530,000 | -9.4% | 4.0% |
| First Federal Bank of the Midwest | $13,105,000 | $11,470,000 | -12.5% | 3.6% |
| GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION | $10,455,000 | $10,595,000 | 1.3% | 3.4% |
| County National Bank | $7,685,000 | $9,225,000 | 20.0% | 2.9% |
| Mortgage Research Center, LLC | $5,780,000 | $8,675,000 | 50.1% | 2.7% |
| MORTGAGE 1 INCORPORATED | $5,315,000 | $7,015,000 | 32.0% | 2.2% |
| GreenStone Farm Credit Services, FLCA | $4,745,000 | $5,815,000 | 22.6% | 1.8% |
| CROSSCOUNTRY MORTGAGE, LLC | $3,800,000 | $4,585,000 | 20.7% | 1.5% |
| UNION HOME MORTGAGE CORP. | $5,760,000 | $4,515,000 | -21.6% | 1.4% |
| 21ST MORTGAGE CORPORATION | $915,000 | $3,615,000 | 295.1% | 1.1% |
| Directions Credit Union, Inc. | $1,075,000 | $3,530,000 | 228.4% | 1.1% |
| The Dart Bank | $4,315,000 | $3,495,000 | -19.0% | 1.1% |
| HOWARD HANNA FINANCIAL SERVICES, INC. | $2,870,000 | $3,470,000 | 20.9% | 1.1% |
| Flagstar Bank, FSB | $1,675,000 | $3,245,000 | 93.7% | 1.0% |
| KeyBank | $5,345,000 | $3,230,000 | -39.6% | 1.0% |
| PNC Bank | $2,125,000 | $3,195,000 | 50.4% | 1.0% |
| STAUNTON FINANCIAL, INC. | $3,645,000 | $3,195,000 | -12.3% | 1.0% |
| First Merchants Bank | $2,190,000 | $3,145,000 | 43.6% | 1.0% |
| Fifth Third Bank | $1,590,000 | $2,775,000 | 74.5% | 0.9% |
| AMERICAN FINANCIAL NETWORK, INC. | $2,180,000 | $2,620,000 | 20.2% | 0.8% |
| JPMorgan Chase Bank | $2,310,000 | $2,500,000 | 8.2% | 0.8% |
| PENNYMAC LOAN SERVICES, LLC | $2,095,000 | $2,445,000 | 16.7% | 0.8% |
| LAKE MICHIGAN CREDIT UNION | $490,000 | $2,280,000 | 365.3% | 0.7% |
| NAVY FEDERAL CREDIT UNION | $1,635,000 | $2,160,000 | 32.1% | 0.7% |
| MORTGAGE CENTER L.C | $945,000 | $2,125,000 | 124.9% | 0.7% |
| FREEDOM MORTGAGE CORPORATION | $1,015,000 | $2,115,000 | 108.4% | 0.7% |
| LOANDEPOT.COM, LLC | $1,070,000 | $2,085,000 | 94.9% | 0.7% |
| USAA Federal Savings Bank | $1,075,000 | $2,010,000 | 87.0% | 0.6% |
| FIRST CHOICE MH LLC | $815,000 | $1,995,000 | 144.8% | 0.6% |
| PLAZA HOME MORTGAGE, INC. | $1,185,000 | $1,940,000 | 63.7% | 0.6% |
| DFCU FINANCIAL | $1,125,000 | $1,815,000 | 61.3% | 0.6% |
| Bank of America | $1,600,000 | $1,730,000 | 8.1% | 0.5% |
| MICHIGAN SCHOOLS AND GOVERNMENT | $320,000 | $1,680,000 | 425.0% | 0.5% |
| EQUITY RESOURCES, INC. | $875,000 | $1,605,000 | 83.4% | 0.5% |
| University Bank | $2,345,000 | $1,580,000 | -32.6% | 0.5% |
| CMG MORTGAGE, INC. | $155,000 | $1,490,000 | 861.3% | 0.5% |
| GUARANTEED RATE, INC. | $440,000 | $1,385,000 | 214.8% | 0.4% |
| NEWREZ LLC | $805,000 | $1,340,000 | 66.5% | 0.4% |
| Comerica Bank | $1,515,000 | $1,320,000 | -12.9% | 0.4% |
| AMERISAVE MORTGAGE CORPORATION | $1,750,000 | $1,155,000 | -34.0% | 0.4% |
| MID AMERICA MORTGAGE, INC. | $510,000 | $1,150,000 | 125.5% | 0.4% |
| UNIVERSITY OF MICHIGAN CREDIT UNION | $1,565,000 | $1,105,000 | -29.4% | 0.3% |
| SUN Federal Credit Union | $355,000 | $1,065,000 | 200.0% | 0.3% |
| RUOFF MORTGAGE COMPANY, INC. | $1,770,000 | $1,020,000 | -42.4% | 0.3% |
| Armed Forces Bank | $1,005,000 | n/a | 0.3% | |
| BROKER SOLUTIONS, INC. | $785,000 | $915,000 | 16.6% | 0.3% |
| NEW DAY FINANCIAL, LLC | $675,000 | $910,000 | 34.8% | 0.3% |
| Discover Bank | $780,000 | $840,000 | 7.7% | 0.3% |
| MICHIGAN STATE UNIVERSITY FEDERAL CREDIT UNION | $1,210,000 | $835,000 | -31.0% | 0.3% |
| The Farmers & Merchants State Bank | $725,000 | $830,000 | 14.5% | 0.3% |
| ROSS MORTGAGE CORPORATION | $805,000 | n/a | 0.3% | |
| NBKC BANK | $800,000 | n/a | 0.3% | |
| Mr. Cooper ( Nationstar Mortgage ) | $1,790,000 | $765,000 | -57.3% | 0.2% |
| SUCCESS MORTGAGE PARTNERS, INC. | $370,000 | $765,000 | 106.8% | 0.2% |
| TRIAD FINANCIAL SERVICES, INC. | $665,000 | $760,000 | 14.3% | 0.2% |
| Wells Fargo Bank | $880,000 | $760,000 | -13.6% | 0.2% |
| The Loan Store, Inc. | $165,000 | $745,000 | 351.5% | 0.2% |
| Citizens Bank | $875,000 | $710,000 | -18.9% | 0.2% |
| PHH Mortgage Corporation | $230,000 | $700,000 | 204.3% | 0.2% |
| HOMEXPRESS MORTGAGE CORP. | $145,000 | $690,000 | 375.9% | 0.2% |
| THE MORTGAGE LINK, INC. | $680,000 | n/a | 0.2% | |
| American National Bank & Trust | $660,000 | n/a | 0.2% | |
| NATIONS DIRECT MORTGAGE, LLC | $660,000 | n/a | 0.2% | |
| FINANCE OF AMERICA REVERSE LLC | $105,000 | $655,000 | 523.8% | 0.2% |
| First Federal Bank | $650,000 | n/a | 0.2% | |
| LENDINGHOME FUNDING CORPORATION | $220,000 | $625,000 | 184.1% | 0.2% |
| VILLAGE CAPITAL MORTGAGE | $95,000 | $610,000 | 542.1% | 0.2% |
| LIMA ONE CAPITAL, LLC | $485,000 | $600,000 | 23.7% | 0.2% |
| ARK-LA-TEX FINANCIAL SERVICES, LLC. | $365,000 | $590,000 | 61.6% | 0.2% |
| OAK MORTGAGE, LLC | $565,000 | n/a | 0.2% | |
| ZILLOW HOME LOANS, LLC | $525,000 | $565,000 | 7.6% | 0.2% |
| CREDIT UNION ONE | $950,000 | $545,000 | -42.6% | 0.2% |
| Independent Bank | $245,000 | $540,000 | 120.4% | 0.2% |
| VAN DYK MORTGAGE CORPORATION | $520,000 | n/a | 0.2% | |
| FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $1,805,000 | $515,000 | -71.5% | 0.2% |
| Civista Bank | $505,000 | n/a | 0.2% | |
| MUTUAL OF OMAHA MORTGAGE, INC. | $925,000 | $495,000 | -46.5% | 0.2% |
| Superior Credit Union, Inc. | $35,000 | $475,000 | 1,257.1% | 0.2% |
| CONSUMERS | $465,000 | $460,000 | -1.1% | 0.1% |
| HOMESIDE FINANCIAL, LLC | $460,000 | n/a | 0.1% | |
| CALCON MUTUAL MORTGAGE LLC | $450,000 | n/a | 0.1% | |
| Equity Prime Mortgage LLC | $435,000 | $450,000 | 3.4% | 0.1% |
| ROYAL UNITED MORTGAGE LLC | $175,000 | $440,000 | 151.4% | 0.1% |
| Preston Home Loans Inc | $820,000 | $435,000 | -47.0% | 0.1% |
| Coastal Community Bank | $530,000 | $425,000 | -19.8% | 0.1% |
| U.S. Bank | $1,635,000 | $415,000 | -74.6% | 0.1% |
| Southern Michigan Bank & Trust | $2,065,000 | $410,000 | -80.1% | 0.1% |
| CASE | $405,000 | n/a | 0.1% | |
| First Federal Savings and Loan Association of Lakewood | $545,000 | $405,000 | -25.7% | 0.1% |
| THE EQUITABLE MORTGAGE CORPORATION | $365,000 | n/a | 0.1% | |
| Farm Credit Mid-America, ACA | $355,000 | n/a | 0.1% | |
| Figure Lending LLC | $315,000 | $355,000 | 12.7% | 0.1% |
| ALLIED MORTGAGE GROUP, INC. | $350,000 | n/a | 0.1% | |
| TOWNE MORTGAGE COMPANY | $1,560,000 | $350,000 | -77.6% | 0.1% |
| The State Bank and Trust Company | $925,000 | $340,000 | -63.2% | 0.1% |
| United Nations Federal Credit Union | $335,000 | n/a | 0.1% | |
| PLANET HOME LENDING, LLC | $75,000 | $325,000 | 333.3% | 0.1% |
| FIRST COLONY MORTGAGE CORPORATION | $320,000 | n/a | 0.1% | |
| GUILD MORTGAGE COMPANY | $315,000 | n/a | 0.1% | |
| CHURCHILL MORTGAGE CORPORATION | $305,000 | n/a | 0.1% | |
| DOW CHEMICAL EMPLOYEES' | $305,000 | n/a | 0.1% | |
| COMMUNITY CHOICE CREDIT UNION | $615,000 | $295,000 | -52.0% | 0.1% |
| COMMUNITY FINANCIAL CREDIT UNION | $1,005,000 | $290,000 | -71.1% | 0.1% |
| AG Credit, Agricultural Credit Association | $285,000 | n/a | 0.1% | |
| The Genoa Banking Company | $595,000 | $285,000 | -52.1% | 0.1% |
| ALLIANCE CATHOLIC CREDIT UNION | $275,000 | n/a | 0.1% | |
| PRIMELENDING, A PLAINSCAPITAL COMPANY | $330,000 | $275,000 | -16.7% | 0.1% |
| American 1 Credit Union | $370,000 | $270,000 | -27.0% | 0.1% |
| Plains Commerce Bank | $270,000 | n/a | 0.1% | |
| VANDERBILT MORTGAGE AND FINANCE, INC. | $310,000 | $265,000 | -14.5% | 0.1% |
| WINGS FINANCIAL | $710,000 | $260,000 | -63.4% | 0.1% |
| ELGA CREDIT UNION | $255,000 | n/a | 0.1% | |
| LAKEVIEW LOAN SERVICING, LLC | $195,000 | $255,000 | 30.8% | 0.1% |
| Morgan Stanley Private Bank | $255,000 | n/a | 0.1% | |
| The Federal Savings Bank | $510,000 | $255,000 | -50.0% | 0.1% |
| Carrington Mortgage Services, LLC | $1,000,000 | $250,000 | -75.0% | 0.1% |
| Mercantile Bank of Michigan | $295,000 | $245,000 | -16.9% | 0.1% |
| NFM, INC. | $245,000 | n/a | 0.1% | |
| Toyota Financial Savings Bank | $245,000 | n/a | 0.1% | |
| UBS Bank USA | $245,000 | n/a | 0.1% | |
| Wayne Savings Community Bank | $240,000 | n/a | 0.1% | |
| Barrington Bank & Trust Company, N.A. | $450,000 | $235,000 | -47.8% | 0.1% |
| BETTER MORTGAGE CORPORATION | $685,000 | $235,000 | -65.7% | 0.1% |
| Northpointe Bank | $305,000 | $235,000 | -23.0% | 0.1% |
| HIGHLANDS RESIDENTIAL MORTGAGE, LTD. | $785,000 | $225,000 | -71.3% | 0.1% |
| NATIONS RELIABLE LENDING, LLC | $225,000 | n/a | 0.1% | |
| MICHIGAN FIRST CREDIT UNION | $250,000 | $220,000 | -12.0% | 0.1% |
| Citadel Servicing Corporation | $215,000 | n/a | 0.1% | |
| M&T Bank | $215,000 | n/a | 0.1% | |
| MILEND, INC. | $205,000 | n/a | 0.1% | |
| MICHIGAN MUTUAL, INC. | $485,000 | $195,000 | -59.8% | 0.1% |
| GENEVA FINANCIAL, LLC | $55,000 | $190,000 | 245.5% | 0.1% |
| Homestead Savings Bank | $190,000 | n/a | 0.1% | |
| FIRST COMMUNITY MORTGAGE, INC. | $185,000 | n/a | 0.1% | |
| Waterford Bank, N.A. | $235,000 | $185,000 | -21.3% | 0.1% |
| American Mortgage & Equity Consultants, Inc. | $175,000 | n/a | 0.1% | |
| COREVEST AMERICAN FINANCE LENDER LLC | $175,000 | n/a | 0.1% | |
| LOANPAL, LLC | $175,000 | n/a | 0.1% | |
| MORTGAGE SOLUTIONS OF COLORADO, LLC | $355,000 | $175,000 | -50.7% | 0.1% |
| AMERICAN FINANCING CORPORATION | $160,000 | n/a | 0.1% | |
| ADVIA | $55,000 | $155,000 | 181.8% | 0.0% |
| AMERICAN FINANCIAL RESOURCES, INC. | $155,000 | n/a | 0.0% | |
| Farmers Bank & Trust | $255,000 | $155,000 | -39.2% | 0.0% |
| LONGBRIDGE FINANCIAL, LLC | $150,000 | n/a | 0.0% | |
| THE ANDERSON FINANCIAL GROUP, INC. | $145,000 | n/a | 0.0% | |
| Zeal Credit Union | $125,000 | $140,000 | 12.0% | 0.0% |
| Prosperity Home Mortgage, LLC | $135,000 | n/a | 0.0% | |
| TEACHERS CREDIT UNION | $135,000 | n/a | 0.0% | |
| GENISYS | $545,000 | $125,000 | -77.1% | 0.0% |
| OMNI Community Credit Union | $125,000 | n/a | 0.0% | |
| Sound Community Bank | $115,000 | n/a | 0.0% | |
| CARDINAL FINANCIAL | $915,000 | $105,000 | -88.5% | 0.0% |
| Colony Bank | $105,000 | n/a | 0.0% | |
| Third Federal Savings and Loan Association of Cleveland | $145,000 | $105,000 | -27.6% | 0.0% |
| Lake Trust Credit Union | $375,000 | $90,000 | -76.0% | 0.0% |
| ADVANTAGE ONE Credit Union | $85,000 | n/a | 0.0% | |
| First National Bank of America | $105,000 | $85,000 | -19.0% | 0.0% |
| Michigan Educational Credit Union | $15,000 | $75,000 | 400.0% | 0.0% |
| GreenStone Farm Credit Services, ACA | $15,000 | $65,000 | 333.3% | 0.0% |
| GREENSTATE CREDIT UNION | $55,000 | n/a | 0.0% | |
| Centier Bank | $165,000 | $45,000 | -72.7% | 0.0% |
| Honor Credit Union | $205,000 | $45,000 | -78.0% | 0.0% |
| KEMBA FINANCIAL | $45,000 | n/a | 0.0% | |
| MONROE COUNTY COMMUNITY CREDIT UNION | $15,000 | $45,000 | 200.0% | 0.0% |
| VIBE CREDIT UNION | $65,000 | $45,000 | -30.8% | 0.0% |
| CREDIT HUMAN FEDERAL CREDIT UNION | $55,000 | $35,000 | -36.4% | 0.0% |
| SPRING EQ, LLC | $130,000 | $35,000 | -73.1% | 0.0% |
Adrian's top lender by overall market share is TLC COMMUNITY Credit Union, with 11.3% market share. In second place, with 8.9%, is QUICKEN LOANS, LLC, having originated $28,025,000 in loans. In third place, with 7.5%, is GVC MORTGAGE, INC., having originated $23,830,000 in loans. In fourth place, with 4.7%, is Old National Bank, having originated $14,790,000 in loans. In fifth place, with 4.3%, is The Huntington National Bank, having originated $13,655,000 in loans.
Adrian, MI Market Loan Reason
| Loan Purpose | Originations | Total Value | Average Loan |
|---|---|---|---|
| Home Purchase | 1,079 | $221,655,000 | $205,426 |
| Cash Out Refi | 395 | $41,845,000 | $105,937 |
| Home Improvement | 185 | $13,995,000 | $75,649 |
| Refi | 169 | $27,475,000 | $162,574 |
| Other | 143 | $10,995,000 | $76,888 |
Adrian's most frequently cited loan purpose was Home Purchase, with 1,079 originations. The 2nd most popular reason was Cash Out Refi, with 395 originations.
Interest Rate Frequencies
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 6-7% | 784 | $150,810,000 | $192,360 |
| Over 8% | 478 | $36,510,000 | $76,381 |
| 7-8% | 456 | $72,780,000 | $159,605 |
| 5-6% | 188 | $39,840,000 | $211,915 |
| 4-5% | 7 | $1,555,000 | $222,143 |
| <2.5% | 5 | $55,000 | $11,000 |
| 3-4% | 3 | $375,000 | $125,000 |
| 2.5-3% | 2 | $670,000 | $335,000 |
During 2024, Adrian's most frequently originated rate bucket was 6-7%, with 784 originations.
Loan Sizing (Adrian, MI MSA)
| Loan Size | Originations | Total Value | Average Loan |
|---|---|---|---|
| $100,000 or less | 715 | $37,475,000 | $52,413 |
| $100k-200k | 700 | $102,490,000 | $146,414 |
| $200k-400k | 473 | $126,055,000 | $266,501 |
| $400k-600k | 60 | $28,070,000 | $467,833 |
| $600k-1000k | 19 | $14,165,000 | $745,526 |
| $Over $1MM | 4 | $7,710,000 | $1,927,500 |
Adrian's loan sizing saw the bucket of loans from $100,000 or less with 715 originations, totaling $37,475,000 in origination value.
LTV Distribution
| Loan to Value | Originations | Total Value | Average Loan |
|---|---|---|---|
| 80-100% | 749 | $156,475,000 | $208,912 |
| 60-80% | 349 | $72,745,000 | $208,438 |
| Under 20% | 310 | $12,690,000 | $40,935 |
| 20-40% | 291 | $24,975,000 | $85,825 |
| 40-60% | 166 | $23,280,000 | $140,241 |
| Over 100% | 14 | $3,400,000 | $242,857 |
Adrian's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 749 originations, totaling $156,475,000 in origination value.