Detroit - Warren - Dearborn Mortgage Rates & Closing Costs

30yr Fixed Rate 15yr Fixed Rate FHA USDA VA 5/1 ARM

30 Year Fixed Rate mortgages in Detroit - Warren - Dearborn averaged 6.56% for the week of 2025-04-03, compared to the national average of 6.64% for the same period.

The average rate for the prior week (2025-03-27) was 6.97% and one month ago for the week of 2025-02-27, the average rate was 6.98%.

Detroit - Warren - Dearborn's average rate one year ago was 7.11%.

For refis of the same type during the week of 2025-04-03, the average rate was 6.58%.

Loan Type Date Rate
US 30 Year Fixed Rate 2025-04-03 6.64%
Detroit - Warren - Dearborn 30 Year Fixed Rate 2025-04-03 6.56%
Detroit - Warren - Dearborn 30 Year Fixed Rate Refi 2025-04-03 6.58%
Detroit - Warren - Dearborn 15 Year Fixed Rate 2025-04-03 6.48%
Detroit - Warren - Dearborn 15 Year Fixed Rate Refi 2025-04-03 5.73%
Detroit - Warren - Dearborn 30 Year FHA 2025-04-03 6.5%
Detroit - Warren - Dearborn 30 Year FHA Refi 2025-04-03 5.89%
Detroit - Warren - Dearborn 30 Year USDA 2025-04-03 6.31%
Detroit - Warren - Dearborn 30 Year USDA Refi 2025-04-03 6.42%
Detroit - Warren - Dearborn 30 Year VA 2025-04-03 6.45%
Detroit - Warren - Dearborn 30 Year VA Refi 2025-04-03 5.36%
Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within Detroit-Warren-Dearborn, MI.

Detroit - Warren - Dearborn 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 Detroit-Warren-Dearborn, 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.).

Name # of Loans 2024 Avg. 30yFix Rate 2024 Avg. Closing Costs
UNITED WHOLESALE MORTGAGE, LLC 7,395 6.83% $6,264
QUICKEN LOANS, LLC 5,936 6.73% $4,854
Flagstar Bank, FSB 1,157 6.91% $4,281
JPMorgan Chase Bank 1,126 6.80% $3,017
MORTGAGE 1 INCORPORATED 1,015 6.91% $4,805
STAUNTON FINANCIAL, INC. 989 6.70% $4,262
The Huntington National Bank 924 6.67% $4,404
MICHIGAN SCHOOLS AND GOVERNMENT 919 5.89% $2,745
LAKE MICHIGAN CREDIT UNION 846 6.53% $3,906
CROSSCOUNTRY MORTGAGE, LLC 774 6.98% $6,239
UNION HOME MORTGAGE CORP. 730 7.03% $5,426
First Merchants Bank 687 6.61% $3,978
First State Bank 614 6.61% $3,717
GENISYS 587 6.48% $3,470
MORTGAGE CENTER L.C 508 6.27% $3,907
MICHIGAN MUTUAL, INC. 498 6.97% $5,341
Bank of America 468 6.11% $2,218
NEWREZ LLC 418 6.93% $5,735
DFCU FINANCIAL 414 6.71% $4,531
GUARANTEED RATE, INC. 410 6.77% $4,899
MICHIGAN FIRST CREDIT UNION 410 7.17% $3,865
The Loan Store, Inc. 369 7.02% $5,970
GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION 361 6.96% $4,554
ROSS MORTGAGE CORPORATION 344 6.80% $4,738
Independent Bank 312 6.73% $3,964
Citizens Bank 305 6.43% $4,185
PULTE MORTGAGE LLC 293 6.41% $2,284
THE MORTGAGE LINK, INC. 269 6.87% $10,644
SUCCESS MORTGAGE PARTNERS, INC. 257 6.86% $6,542
FIRST COMMUNITY MORTGAGE, INC. 223 6.80% $5,071
Fifth Third Bank 222 6.77% $3,542
PNC Bank 208 6.64% $4,070
The Dart Bank 187 6.71% $4,107
PLAZA HOME MORTGAGE, INC. 187 6.85% $5,134
Preston Home Loans Inc 183 7.04% $5,891
UIF CORPORATION 176 6.90% $4,535
U.S. Bank 170 6.66% $4,120
PRIMELENDING, A PLAINSCAPITAL COMPANY 159 6.94% $6,590
CMG MORTGAGE, INC. 156 7.03% $4,875
CALCON MUTUAL MORTGAGE LLC 154 7.01% $5,228
Mr. Cooper ( Nationstar Mortgage ) 149 6.78% $7,206
LOANDEPOT.COM, LLC 140 6.76% $6,443
PROVIDENT FUNDING ASSOCIATES, L.P. 138 6.59% $3,849
Plains Commerce Bank 135 6.85% $6,694
MOVEMENT MORTGAGE, LLC 129 6.93% $5,291
BROKER SOLUTIONS, INC. 127 6.92% $5,845
MICHIGAN STATE UNIVERSITY FEDERAL CREDIT UNION 122 6.69% $4,552
CREDIT UNION ONE 114 6.75% $3,114
COMMUNITY FINANCIAL CREDIT UNION 103 6.69% $3,401
ChoiceOne Bank 98 6.47% $3,340
University Bank 95 7.11% $4,609
M/I FINANCIAL, LLC 92 6.35% $6,566
J. VIRGIL, INC. 92 6.84% $5,358
NAVY FEDERAL CREDIT UNION 90 6.78% $4,137
RUOFF MORTGAGE COMPANY, INC. 82 6.79% $3,967
Wells Fargo Bank 77 6.45% $5,090
Comerica Bank 76 6.86% $3,036
MUTUAL OF OMAHA MORTGAGE, INC. 76 6.77% $6,456
PENNYMAC LOAN SERVICES, LLC 72 6.81% $6,483
Polish-American Federal Credit Union 68 6.12% $2,933
The State Bank 66 6.63% $3,122
BLG HOLDINGS, INC. 65 6.79% $6,047
GUIDANCE RESIDENTIAL, LLC 63 7.18% $5,031
HIGHLANDS RESIDENTIAL MORTGAGE, LTD. 58 6.90% $4,960
Dearborn Federal Savings Bank 56 6.34% $2,891
Morgan Stanley Private Bank 54 6.19% $3,622
STOCKTON MORTGAGE CORPORATION 54 6.94% $5,607
ZILLOW HOME LOANS, LLC 53 6.95% $4,473
NexBank 53 6.82% $7,880
AMERICAN FINANCIAL NETWORK, INC. 52 6.90% $6,169
VIBE CREDIT UNION 52 6.53% $3,101
FREEDOM MORTGAGE CORPORATION 48 7.08% $7,366
Century Mortgage Company DBA Century Lending Company 48 6.96% $6,639
MMS MORTGAGE SERVICES, LTD. 42 6.70% $4,291
BETTER MORTGAGE CORPORATION 40 6.52% $4,811
UNIVERSITY OF MICHIGAN CREDIT UNION 40 6.56% $3,241
MEMBER FIRST MORTGAGE, LLC 39 6.76% $4,665
NATIONAL COOPERATIVE BANK, N.A. 39 7.01% $4,236
Ally Bank 38 6.51% $6,910
HOMESITE MORTGAGE, LLC 38 6.84% $5,652
MEMBERFOCUS COMMUNITY 38 5.79% $3,115
NBKC BANK 37 6.40% $3,265
Prosperity Home Mortgage, LLC 37 6.76% $5,603
DAS Acquisition Company, LLC 36 6.79% $6,004
PREMIA MORTGAGE, LLC 35 6.54% $2,476
Dort Financial Credit Union 34 5.90% $3,249
ROYAL UNITED MORTGAGE LLC 33 6.83% $7,119
Cornerstone First Mortgage, Inc 33 6.88% $5,506
THE ANDERSON FINANCIAL GROUP, INC. 32 6.80% $4,291
HOMESIDE FINANCIAL, LLC 32 7.15% $5,416
Bank of England 31 6.97% $5,180
TOWNE MORTGAGE COMPANY 31 6.81% $5,511
Commerce Home Mortgage, Inc. 31 8.60% $12,565
Old National Bank 31 6.59% $3,902
Northpointe Bank 31 6.68% $5,170
Mercantile Bank of Michigan 28 6.38% $4,384
GUARANTEED RATE AFFINITY, LLC 28 6.85% $2,964
Sunflower Bank 27 6.93% $4,612
OCMBC, INC. 26 8.77% $12,180
Carrington Mortgage Services, LLC 26 7.88% $7,659
Mortgage Research Center, LLC 26 7.06% $4,814
DIAMOND RESIDENTIAL MORTGAGE CORPORATION 25 6.76% $4,717
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 25 6.89% $5,593
Discover Bank 24 7.11% $0
MORTGAGE ACCESS CORP. 23 6.91% $6,033
First National Bank of America 23 9.75% $9,159
ARK-LA-TEX FINANCIAL SERVICES, LLC. 22 6.92% $5,237
NMSI, INC. 22 7.11% $9,100
CONSUMERS 21 6.99% $4,043
AMERISAVE MORTGAGE CORPORATION 20 6.82% $7,365
FIRST CHOICE MH LLC 20 10.33% $1,282
Extra 20 7.21% $3,495
DELMAR FINANCIAL COMPANY 19 6.96% $4,329
NATIONS DIRECT MORTGAGE, LLC 19 7.54% $10,825
CHURCHILL MORTGAGE CORPORATION 19 6.82% $4,929
Public Service Credit Union 19 6.32% $4,008
SECURITY CREDIT UNION 19 6.84% $2,614
St James Mortgage Corporation 19 6.61% $1,026
TOP FLITE FINANCIAL, INC. 19 6.93% $8,813
UBS Bank USA 19 6.41% $4,368
USAA Federal Savings Bank 19 6.63% $5,167
GUILD MORTGAGE COMPANY 19 6.83% $6,086
ADVANTAGE ONE Credit Union 18 6.99% $3,219
DEEPHAVEN MORTGAGE LLC 18 8.51% $13,023
PHH Mortgage Corporation 18 6.71% $6,402
FINANCIAL PLUS CREDIT UNION 16 6.69% $3,123
FIRST COLONY MORTGAGE CORPORATION 16 6.66% $5,023
NEXERA HOLDING LLC 16 8.27% $9,588
CARDINAL FINANCIAL 16 6.77% $5,745
Stifel Bank and Trust 15 6.13% $2,847
LENOX FINANCIAL MORTGAGE CORPORATION 15 6.06% $5,333
TJC Mortgage, Inc. 14 6.91% $5,898
Citibank 14 6.34% $4,694
TBI MORTGAGE COMPANY 14 6.53% $10,535
Citadel Servicing Corporation 14 9.20% $10,200
CIBC Bank USA 14 6.57% $4,053
Charles Schwab Bank, SSB 14 5.66% $4,395
Michigan Legacy Credit Union 14 6.13% $4,709
AMERICAN PACIFIC MORTGAGE CORPORATION 14 7.00% $5,183
SIRVA MORTGAGE, INC. 13 6.78% $183
First Federal Bank of the Midwest 13 6.80% $4,373
HOMEXPRESS MORTGAGE CORP. 13 8.09% $12,183
Frankenmuth Credit Union 13 6.96% $2,186
GENEVA FINANCIAL, LLC 13 6.85% $5,875
KeyBank 13 6.75% $4,221
Raymond James Bank 13 5.89% $3,250
Barrington Bank & Trust Company, N.A. 13 6.74% $6,077
Civista Bank 12 6.52% $3,791
LENDSURE MORTGAGE CORP. 12 8.04% $17,034
AMERICAN FINANCIAL RESOURCES, INC. 12 6.87% $5,125
BAY EQUITY LLC 12 6.65% $4,737
A&D Mortgage LLC 11 7.90% $8,059
AMERICAN HERITAGE LENDING, INC. 11 8.67% $8,677
First Federal Savings and Loan Association of Lakewood 11 7.48% $3,422
VAN DYK MORTGAGE CORPORATION 11 7.03% $3,837
AMERICAN FINANCING CORPORATION 10 6.71% $8,521
Paramount Residential Mortgage Group, Inc. 10 7.16% $5,435
ALLIANT CREDIT UNION 10 6.86% $3,757
INSPIRE HOME LOANS INC. 9 6.14% $4,288
AmeriHome Mortgage Company, LLC 9 7.13% $4,565
BMO Harris Bank 9 6.78% $6,148
WINGS FINANCIAL 9 6.19% $3,273
Michigan Educational Credit Union 8 6.27% $4,459
Texana Bank 8 6.66% $5,911
DOW CHEMICAL EMPLOYEES' 8 7.52% $4,006
PLANET HOME LENDING, LLC 8 6.33% $6,135
NFM, INC. 8 7.00% $6,603
RESIDENTIAL WHOLESALE MORTGAGE, INC. 8 6.43% $3,434
Truist 8 6.29% $3,565
M&T Bank 7 6.63% $5,201
First Federal Bank 7 6.36% $6,149
RBC Bank, (Georgia) 7 5.91% $2,404
AMERITRUST MORTGAGE CORPORATION 7 8.05% $11,480
Horizon Bank 7 6.93% $4,063
JMAC LENDING, INC. 7 6.89% $6,031
ALLIANCE CATHOLIC CREDIT UNION 7 6.59% $4,253
Summit Mortgage Corporation 7 7.16% $5,283
HOWARD HANNA FINANCIAL SERVICES, INC. 7 6.79% $4,301
Farmers Bank & Trust 7 6.50% $3,561
BM Real Estate Services, Inc. 6 7.35% $5,267
Quontic Bank 6 8.40% $17,195
EMM LOANS LLC 6 6.71% $4,621
Servion, Inc. 6 6.79% $4,920
ARC HOME LLC 6 7.31% $6,252
NORTHERN MORTGAGE SERVICES, LLC 6 6.71% $5,960
ANGEL OAK MORTGAGE SOLUTIONS LLC 6 8.10% $10,145
CORNERSTONE COMMUNITY FINANCIAL 6 6.19% $3,381
GVC MORTGAGE, INC. 6 6.97% $5,989
NEW ENGLAND FEDERAL CREDIT UNION 6 6.42% $4,061
UNITED 5 6.10% $6,428
PREMIER MORTGAGE RESOURCES, L.L.C. 5 6.93% $4,590
Goldman Sachs Bank USA 5 6.32% $3,724
RELIANCE FIRST CAPITAL, LLC 5 6.45% $7,037
Baxter Credit Union 5 6.48% $5,164
LAFCU 5 5.98% $3,672
T2 FINANCIAL LLC 5 6.87% $4,685
East Coast Capital Corp. 5 7.15% $5,552
The Federal Savings Bank 5 7.23% $5,288
AMERICAN PORTFOLIO MORTGAGE CORPORATION 5 7.18% $7,708
AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC 5 7.17% $6,001
NATIONS RELIABLE LENDING, LLC 5 7.07% $6,504
American Mortgage & Equity Consultants, Inc. 5 7.02% $4,859
ALLIED MORTGAGE GROUP, INC. 5 6.50% $3,058
PENTAGON FEDERAL CREDIT UNION 5 7.43% $3,224
PLUS RELOCATION MORTGAGE, LLC 5 6.49% $5,581
Ixonia Bank 4 6.78% $6,220
Nations Lending Corporation 4 6.09% $7,871
HOMEBRIDGE FINANCIAL SERVICES, INC. 4 6.97% $9,406
ANDREWS FEDERAL CREDIT UNION 4 6.78% $4,279
OAKTREE FUNDING CORP. 4 7.62% $18,402
V.I.P. MORTGAGE, INC. 4 6.84% $6,999
UNITED HOME LOANS, INC. 4 6.56% $3,890
Hometown Equity Mortgage, LLC 4 7.78% $9,797
LAKEVIEW LOAN SERVICING, LLC 4 7.51% $5,149
EQUITY RESOURCES, INC. 4 6.28% $3,781
COMPASS MORTGAGE, INC. 4 6.78% $4,882
US MORTGAGE CORPORATION 4 7.00% $7,794
OceanFirst Bank 4 6.88% $3,100
BAY-VALLEY MORTGAGE GROUP 4 6.88% $6,971
ARBOR FINANCIAL CREDIT UNION 3 6.67% $3,756
Ameris Bank 3 6.50% $5,917
Equity Prime Mortgage LLC 3 6.92% $9,394
Commerce Bank 3 6.75% $4,078
Sierra Pacific Mortgage Company, Inc. 3 7.38% $3,235
Cf Bank 3 7.66% $4,937
AMERICAN INTERNET MORTGAGE, INC. 3 6.25% $3,074
HOMEOWNERS FINANCIAL GROUP USA, LLC 3 6.88% $3,630
Devon Bank 3 7.08% $4,689
AMERICAN FINANCE HOUSE LARIBA 3 6.90% $3,710
MLB RESIDENTIAL LENDING, LLC 3 7.54% $10,571
Leader Bank 3 6.41% $4,233
LEADERONE FINANCIAL CORPORATION 3 6.92% $3,687
EVERETT FINANCIAL, INC. 3 6.63% $4,617
Regions Bank 3 6.71% $3,921
Nicolet National Bank 3 6.37% $6,900
Bell Bank 3 6.91% $4,026
PURDUE FEDERAL CREDIT UNION 3 6.63% $4,466
Goldwater Bank, N.A. 3 7.42% $4,740
NORWICH COMMERCIAL GROUP, INC. 3 7.08% $4,897
First-Citizens Bank & Trust Company 3 7.58% $4,190
LOANPAL, LLC 3 6.25% $7,974
Isabella Bank 3 6.71% $4,040
COMMUNITYAMERICA 2 6.81% $3,972
GreenStone Farm Credit Services, FLCA 2 7.20% $9,720
Arvest Bank 2 6.75% $2,864
SUN WEST MORTGAGE COMPANY, INC. 2 7.88% $5,526
GREENSTATE CREDIT UNION 2 6.88% $4,453
The Central Trust Bank 2 6.25% $3,843
First Financial Bank 2 6.88% $3,963
PROPER RATE, LLC 2 6.79% $3,224
TEACHERS 2 6.63% $3,836
EMBRACE HOME LOANS, INC. 2 6.93% $3,974
Mortgage Assurance Inc. 2 7.31% $4,357
NP, Inc. 2 9.81% $12,048
THE MORTGAGE FIRM, INC. 2 8.13% $5,947
MONROE COUNTY COMMUNITY CREDIT UNION 2 6.75% $3,021
PFCU 2 7.19% $2,763
HOMESTEAD FUNDING CORP. 2 6.25% $3,823
Union Savings Bank 2 6.31% $2,914
First Horizon Bank 2 7.31% $6,293
NATIONWIDE MORTGAGE BANKERS, INC. 2 6.81% $11,172
ONY GLO, INC. 2 7.44% $4,916
OPEN MORTGAGE, LLC 2 8.18% $11,207
HSBC BANK USA, NATIONAL ASSOCIATION 2 6.32% $8,542
FM Home Loans, LLC 2 7.50% $3,999
ENCORE BANK 2 7.12% $6,846
DIGITAL Federal Credit Union 2 6.75% $4,554
TLC COMMUNITY Credit Union 2 6.88% $2,853
THRIVENT Federal Credit Union 2 6.88% $5,014
General Mortgage Capital Corporation 2 6.81% $4,696
BNY Mellon 2 6.69% $6,269
SOUTHWEST FUNDING, LP 2 7.00% $8,670
Waterstone Mortgage Corporation 2 6.81% $4,567
Granite Community Bank 1 7.00% $4,064
GoPrime Mortgage, Inc. 1 6.88% $4,132
German American Bank 1 6.88% $5,487
HALLMARK HOME MORTGAGE, LLC 1 7.50% $3,962
Hancock Whitney Bank 1 7.63% $5,094
Heartland Bank and Trust Company 1 6.98% $2,807
Home Loan Investment Bank, F.S.B. 1 6.99% $3,999
Home Mortgage Alliance Corp 1 8.88% $20,008
Gateway First Bank 1 6.88% $11,655
FREEDOM FIRST 1 7.00% $2,954
HOMESPIRE MORTGAGE CORPORATION 1 5.50% $1,728
FOUNDATION MORTGAGE CORPORATION 1 8.88% $7,511
HONDA Federal Credit Union 1 6.38% $7,548
Honor Credit Union 1 7.38% $3,494
INTOUCH CREDIT UNION 1 6.88% $5,415
First State Bank of St. Charles, Missouri 1 7.00% $4,520
First Option Mortgage, LLC 1 5.63% $10,237
KEMBA FINANCIAL 1 7.38% $3,816
First National Bank of Omaha 1 7.13% $2,196
Lakeview Community Capital, LLC 1 7.49% $7,003
LAND HOME FINANCIAL SERVICES, INC. 1 7.13% $3,521
LCNB National Bank 1 6.38% $2,926
LIBERTY HOME MORTGAGE CORPORATION 1 7.00% $5,140
Luxury Mortgage Corp. 1 8.38% $12,166
MARSHALL COMMUNITY CREDIT UNION 1 6.25% $3,261
MASSMUTUAL 1 7.00% $3,877
Meijer Credit Union 1 6.75% $2,642
First Bank & Trust 1 6.88% $7,783
First Bank 1 7.63% $2,939
Financial Partners Credit Union 1 7.50% $4,294
Merchants Bank of Indiana 1 6.88% $2,528
FBC MORTGAGE, LLC 1 7.13% $4,959
Evolve Bank & Trust 1 6.63% $10,012
EVANSVILLE TEACHERS 1 7.25% $3,817
MID AMERICA MORTGAGE, INC. 1 7.00% $5,224
MLD MORTGAGE INC. 1 7.75% $2,472
ENVOY MORTGAGE, LTD 1 6.63% $5,926
Encompass Lending Group, LP 1 8.00% $9,101
DIRECT MORTGAGE LOANS, LLC 1 7.49% $10,789
Directions Credit Union, Inc. 1 6.88% $2,354
CREDIT UNION MORTGAGE ASSOCIATION, INC. 1 5.63% $5,104
Cornerstone National Bank & Trust Company 1 6.75% $2,308
NEW WAVE LENDING GROUP INC 1 7.25% $6,988
CORNERSTONE HOME LENDING, INC. 1 7.00% $8,337
CONTOUR MORTGAGE CORPORATION 1 6.63% $4,057
North American Savings Bank, F.S.B. 1 6.75% $19,839
Connexus Credit Union 1 6.63% $3,513
COMMUNITY FIRST CREDIT UNION OF FLO 1 6.38% $2,667
Pacific Lending LLC 1 7.50% $4,596
Peoples Bank 1 6.88% $3,476
Pinnacle Bank 1 6.00% $3,328
CLIFFCO, INC. 1 9.87% $9,790
City National Bank 1 6.25% $6,862
CITY FIRST MORTGAGE SERVICES, L.L.C. 1 7.00% $10,490
POINT Mortgage 1 6.75% $4,122
CITIZENS EQUITY FIRST 1 6.88% $1,007
Presidential Bank, FSB 1 7.25% $9,122
Centra Credit Union 1 6.88% $2,157
CASE 1 7.25% $4,207
CANOPY MORTGAGE, LLC 1 6.88% $7,069
Bethpage Federal Credit Union 1 7.00% $6,791
Residential Mortgage Solutions, Inc. 1 6.00% $7,229
Beeline Loans, Inc. 1 6.49% $4,329
ROUNDPOINT MORTGAGE SERVICING CORPORATION 1 6.49% $3,108
BECKAM FUNDING CORP. 1 8.62% $3,026
S1L, Inc. 1 6.63% $7,967
BAYSHORE MORTGAGE FUNDING, LLC 1 7.13% $6,322
Southwest Airlines Federal Credit Union 1 6.38% $11,572
STAR ONE CREDIT UNION 1 6.13% $3,319
Bank of Springfield 1 6.63% $6,999
Axos Bank 1 7.13% $2,967
AXIA FINANCIAL, LLC 1 7.63% $8,271
Atlantic Union Bank 1 7.00% $3,380
Atlantic Coast Mortgage, LLC 1 6.13% $3,503
Summit Credit Union 1 7.00% $2,703
Armed Forces Bank 1 7.00% $3,414
TEACHERS CREDIT UNION 1 6.75% $5,103
TELHIO 1 6.38% $3,941
THE EQUITABLE MORTGAGE CORPORATION 1 8.13% $3,435
Three Rivers Federal Credit Union 1 7.13% $4,118
TOWER 1 6.00% $4,365
Toyota Financial Savings Bank 1 6.68% $3,310
TruHome Solutions, LLC 1 5.88% $4,378
UNIFY FINANCIAL Credit Union 1 6.90% $2,124
UNITED MORTGAGE CORP 1 6.49% $5,467
American Airlines Federal Credit Union 1 6.00% $0
ADVANCIAL 1 6.99% $4,609
Veritex Community Bank 1 6.00% $9,596
Advisors Mortgage Group, L.L.C. 1 7.13% $9,604
Adventure Credit Union 1 7.00% $4,395
WESCOM CENTRAL CREDIT UNION 1 7.75% $3,722
WRIGHT-PATT CREDIT UNION, INC. 1 5.63% $3,097

Detroit - Warren - Dearborn Average Closing Costs & Other Stats

Detroit-Warren-Dearborn, MI's 365 lenders originated 88,361 loans during 2024. The total origination value was $19,433,505,000, with an average loan value of $219,933.

Detroit - Warren - Dearborn's average closing costs are $4,313.

The top Detroit - Warren - Dearborn lender as defined by loan originations is UNITED WHOLESALE MORTGAGE, LLC, with 7,395 loans originated. Their average total fees are $6,264, which is $1,410 higher than the next largest lender, QUICKEN LOANS, LLC.

The lowest fee Detroit - Warren - Dearborn lenders (with over 10 loans originated) are Discover Bank ($0), SIRVA MORTGAGE, INC. ($183), St James Mortgage Corporation ($1,026), FIRST CHOICE MH LLC ($1,282) and Frankenmuth Credit Union ($2,186).

The lowest rate Detroit - Warren - Dearborn lenders (with over 10 loans originated) are Charles Schwab Bank, SSB (5.66%), MEMBERFOCUS COMMUNITY (5.79%), MICHIGAN SCHOOLS AND GOVERNMENT (5.89%), Raymond James Bank (5.89%) and Dort Financial Credit Union (5.90%).

Detroit-Warren-Dearborn, 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
UNITED WHOLESALE MORTGAGE, LLC $2,428,090,000 $3,114,345,000 28.3% 16.0%
QUICKEN LOANS, LLC $1,818,015,000 $2,346,350,000 29.1% 12.1%
The Huntington National Bank $714,070,000 $719,090,000 0.7% 3.7%
LAKE MICHIGAN CREDIT UNION $528,355,000 $651,145,000 23.2% 3.4%
MICHIGAN SCHOOLS AND GOVERNMENT $278,420,000 $437,155,000 57.0% 2.2%
Flagstar Bank, FSB $377,840,000 $416,050,000 10.1% 2.1%
First Merchants Bank $325,250,000 $407,700,000 25.3% 2.1%
JPMorgan Chase Bank $339,640,000 $393,035,000 15.7% 2.0%
Citizens Bank $388,320,000 $391,835,000 0.9% 2.0%
MORTGAGE 1 INCORPORATED $348,250,000 $388,865,000 11.7% 2.0%
STAUNTON FINANCIAL, INC. $290,380,000 $360,615,000 24.2% 1.9%
GENISYS $234,650,000 $341,710,000 45.6% 1.8%
UNION HOME MORTGAGE CORP. $158,580,000 $319,460,000 101.5% 1.6%
CROSSCOUNTRY MORTGAGE, LLC $278,125,000 $284,395,000 2.3% 1.5%
DFCU FINANCIAL $214,690,000 $269,105,000 25.3% 1.4%
Bank of America $245,940,000 $234,975,000 -4.5% 1.2%
Independent Bank $209,295,000 $226,795,000 8.4% 1.2%
First State Bank $155,000 $213,805,000 137,838.7% 1.1%
PNC Bank $277,475,000 $191,910,000 -30.8% 1.0%
GUARANTEED RATE, INC. $179,435,000 $191,200,000 6.6% 1.0%
NEWREZ LLC $145,745,000 $178,580,000 22.5% 0.9%
MICHIGAN MUTUAL, INC. $149,805,000 $159,620,000 6.6% 0.8%
MICHIGAN FIRST CREDIT UNION $136,845,000 $156,430,000 14.3% 0.8%
Fifth Third Bank $130,940,000 $154,400,000 17.9% 0.8%
The Dart Bank $93,125,000 $150,590,000 61.7% 0.8%
MORTGAGE CENTER L.C $88,480,000 $150,365,000 69.9% 0.8%
Mortgage Research Center, LLC $105,150,000 $149,000,000 41.7% 0.8%
GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION $151,505,000 $142,630,000 -5.9% 0.7%
Comerica Bank $171,485,000 $137,365,000 -19.9% 0.7%
PULTE MORTGAGE LLC $114,340,000 $135,190,000 18.2% 0.7%
The Loan Store, Inc. $30,805,000 $133,165,000 332.3% 0.7%
Ally Bank $12,835,000 $127,885,000 896.4% 0.7%
CREDIT UNION ONE $126,870,000 $126,980,000 0.1% 0.7%
BELLWETHER ENTERPRISE REAL ESTATE CAPITAL, LLC $62,385,000 $121,330,000 94.5% 0.6%
U.S. Bank $90,650,000 $118,330,000 30.5% 0.6%
ROSS MORTGAGE CORPORATION $98,085,000 $117,645,000 19.9% 0.6%
LENDINGHOME FUNDING CORPORATION $70,865,000 $110,670,000 56.2% 0.6%
WALKER & DUNLOP, LLC $46,240,000 $106,345,000 130.0% 0.5%
FREEDOM MORTGAGE CORPORATION $44,970,000 $104,010,000 131.3% 0.5%
ORIX REAL ESTATE CAPITAL, LLC $56,555,000 $99,085,000 75.2% 0.5%
THE MORTGAGE LINK, INC. $23,315,000 $98,940,000 324.4% 0.5%
SUCCESS MORTGAGE PARTNERS, INC. $82,250,000 $97,475,000 18.5% 0.5%
MICHIGAN STATE UNIVERSITY FEDERAL CREDIT UNION $87,955,000 $94,285,000 7.2% 0.5%
COMMUNITY FINANCIAL CREDIT UNION $117,360,000 $88,575,000 -24.5% 0.5%
Mr. Cooper ( Nationstar Mortgage ) $65,870,000 $82,955,000 25.9% 0.4%
PENNYMAC LOAN SERVICES, LLC $52,560,000 $78,045,000 48.5% 0.4%
LOANDEPOT.COM, LLC $64,905,000 $77,240,000 19.0% 0.4%
FIRST COMMUNITY MORTGAGE, INC. $41,100,000 $75,885,000 84.6% 0.4%
NAVY FEDERAL CREDIT UNION $56,410,000 $74,530,000 32.1% 0.4%
PLAZA HOME MORTGAGE, INC. $44,745,000 $71,510,000 59.8% 0.4%
VIBE CREDIT UNION $50,460,000 $70,010,000 38.7% 0.4%
CMG MORTGAGE, INC. $19,635,000 $66,695,000 239.7% 0.3%
Preston Home Loans Inc $49,890,000 $66,635,000 33.6% 0.3%
21ST MORTGAGE CORPORATION $53,615,000 $62,370,000 16.3% 0.3%
Plains Commerce Bank $29,670,000 $61,425,000 107.0% 0.3%
ADVIA $35,305,000 $60,035,000 70.0% 0.3%
PRIMELENDING, A PLAINSCAPITAL COMPANY $84,825,000 $58,950,000 -30.5% 0.3%
GreenStone Farm Credit Services, FLCA $35,430,000 $58,725,000 65.7% 0.3%
BROKER SOLUTIONS, INC. $48,935,000 $56,855,000 16.2% 0.3%
PROVIDENT FUNDING ASSOCIATES, L.P. $63,650,000 $55,235,000 -13.2% 0.3%
PGIM Real Estate Finance, LLC $53,035,000 n/a 0.3%
CALCON MUTUAL MORTGAGE LLC $135,000 $52,125,000 38,511.1% 0.3%
The State Bank $52,170,000 $51,430,000 -1.4% 0.3%
UIF CORPORATION $45,165,000 $50,750,000 12.4% 0.3%
Wells Fargo Bank $65,235,000 $48,165,000 -26.2% 0.2%
M/I FINANCIAL, LLC $48,945,000 $45,055,000 -7.9% 0.2%
ChoiceOne Bank $46,820,000 $44,710,000 -4.5% 0.2%
University Bank $35,760,000 $44,010,000 23.1% 0.2%
MUTUAL OF OMAHA MORTGAGE, INC. $31,865,000 $43,260,000 35.8% 0.2%
MEMBERFOCUS COMMUNITY $36,905,000 $40,930,000 10.9% 0.2%
MOVEMENT MORTGAGE, LLC $22,090,000 $40,045,000 81.3% 0.2%
Equity Prime Mortgage LLC $18,780,000 $38,525,000 105.1% 0.2%
Old National Bank $49,975,000 $37,510,000 -24.9% 0.2%
AMERICAN FINANCIAL NETWORK, INC. $30,820,000 $35,945,000 16.6% 0.2%
COMMUNITY CHOICE CREDIT UNION $33,125,000 $35,070,000 5.9% 0.2%
J. VIRGIL, INC. $37,720,000 $33,230,000 -11.9% 0.2%
RUOFF MORTGAGE COMPANY, INC. $16,075,000 $33,060,000 105.7% 0.2%
Discover Bank $31,480,000 $32,805,000 4.2% 0.2%
Morgan Stanley Private Bank $42,180,000 $31,250,000 -25.9% 0.2%
Century Mortgage Company DBA Century Lending Company $12,835,000 $31,150,000 142.7% 0.2%
Figure Lending LLC $16,780,000 $30,365,000 81.0% 0.2%
UNIVERSITY OF MICHIGAN CREDIT UNION $23,780,000 $29,260,000 23.0% 0.2%
USAA Federal Savings Bank $17,445,000 $28,035,000 60.7% 0.1%
VILLAGE CAPITAL MORTGAGE $7,500,000 $27,560,000 267.5% 0.1%
Michigan Educational Credit Union $24,335,000 $26,520,000 9.0% 0.1%
Northstar Bank $6,880,000 $26,210,000 281.0% 0.1%
LIMA ONE CAPITAL, LLC $20,695,000 $25,950,000 25.4% 0.1%
Carrington Mortgage Services, LLC $31,610,000 $25,065,000 -20.7% 0.1%
TRIAD FINANCIAL SERVICES, INC. $26,380,000 $24,820,000 -5.9% 0.1%
First Independence Bank $28,885,000 $23,295,000 -19.4% 0.1%
NBKC BANK $11,790,000 $23,125,000 96.1% 0.1%
BOKF $195,000 $23,010,000 11,700.0% 0.1%
HIGHLANDS RESIDENTIAL MORTGAGE, LTD. $25,445,000 $22,980,000 -9.7% 0.1%
AMERISAVE MORTGAGE CORPORATION $37,660,000 $22,680,000 -39.8% 0.1%
GUIDANCE RESIDENTIAL, LLC $12,370,000 $22,190,000 79.4% 0.1%
LAKEVIEW LOAN SERVICING, LLC $6,650,000 $21,235,000 219.3% 0.1%
Public Service Credit Union $12,635,000 $20,970,000 66.0% 0.1%
RF Renovo Management Company, LLC $20,885,000 n/a 0.1%
Dearborn Federal Savings Bank $24,350,000 $20,520,000 -15.7% 0.1%
NexBank $8,725,000 $20,475,000 134.7% 0.1%
BLG HOLDINGS, INC. $11,570,000 $20,470,000 76.9% 0.1%
Dort Financial Credit Union $17,510,000 $20,280,000 15.8% 0.1%
NEW DAY FINANCIAL, LLC $14,135,000 $20,010,000 41.6% 0.1%
STOCKTON MORTGAGE CORPORATION $11,610,000 $19,935,000 71.7% 0.1%
BERKELEY POINT CAPITAL LLC $19,760,000 n/a 0.1%
OCMBC, INC. $12,260,000 $19,465,000 58.8% 0.1%
HOMESITE MORTGAGE, LLC $36,545,000 $19,360,000 -47.0% 0.1%
First Federal Bank of the Midwest $9,545,000 $18,955,000 98.6% 0.1%
VELOCITY COMMERCIAL CAPITAL, LLC $10,415,000 $18,880,000 81.3% 0.1%
Mercantile Bank of Michigan $68,785,000 $18,845,000 -72.6% 0.1%
DEEPHAVEN MORTGAGE LLC $4,035,000 $18,525,000 359.1% 0.1%
TOWNE MORTGAGE COMPANY $15,885,000 $18,520,000 16.6% 0.1%
M&T Realty Capital Corporation $17,635,000 n/a 0.1%
BETTER MORTGAGE CORPORATION $11,710,000 $16,985,000 45.0% 0.1%
PREMIA MORTGAGE, LLC $23,645,000 $16,915,000 -28.5% 0.1%
Prosperity Home Mortgage, LLC $8,025,000 $16,775,000 109.0% 0.1%
Arbor Realty Trust, Inc. $21,530,000 $16,385,000 -23.9% 0.1%
DOMINION FINANCIAL SERVICES, LLC $7,420,000 $16,340,000 120.2% 0.1%
COREVEST AMERICAN FINANCE LENDER LLC $15,850,000 $16,250,000 2.5% 0.1%
NATIONS DIRECT MORTGAGE, LLC $15,780,000 $16,070,000 1.8% 0.1%
PLANET HOME LENDING, LLC $6,735,000 $16,035,000 138.1% 0.1%
Polish-American Federal Credit Union $19,835,000 $16,010,000 -19.3% 0.1%
HOMESIDE FINANCIAL, LLC $9,130,000 $15,965,000 74.9% 0.1%
Charles Schwab Bank, SSB $5,235,000 $15,470,000 195.5% 0.1%
DAS Acquisition Company, LLC $43,295,000 $15,405,000 -64.4% 0.1%
ZILLOW HOME LOANS, LLC $12,625,000 $15,265,000 20.9% 0.1%
ELGA CREDIT UNION $12,365,000 $14,825,000 19.9% 0.1%
Commerce Home Mortgage, Inc. $25,480,000 $14,795,000 -41.9% 0.1%
UBS Bank USA $20,045,000 $14,455,000 -27.9% 0.1%
Bank of Ann Arbor $21,035,000 $14,365,000 -31.7% 0.1%
Lake Trust Credit Union $9,415,000 $13,885,000 47.5% 0.1%
CARDINAL FINANCIAL $18,755,000 $13,785,000 -26.5% 0.1%
MEMBER FIRST MORTGAGE, LLC $19,090,000 $13,595,000 -28.8% 0.1%
Cornerstone First Mortgage, Inc $9,655,000 $13,585,000 40.7% 0.1%
CONSUMERS $11,755,000 $13,540,000 15.2% 0.1%
Zeal Credit Union $12,565,000 $13,260,000 5.5% 0.1%
Coastal Community Bank $12,165,000 $13,075,000 7.5% 0.1%
NEXERA HOLDING LLC $6,100,000 $12,875,000 111.1% 0.1%
Northpointe Bank $15,590,000 $12,650,000 -18.9% 0.1%
AMERICAN HERITAGE LENDING, INC. $8,345,000 $12,610,000 51.1% 0.1%
FAIRWAY INDEPENDENT MORTGAGE CORPORATION $78,985,000 $12,610,000 -84.0% 0.1%
ARK-LA-TEX FINANCIAL SERVICES, LLC. $10,395,000 $12,330,000 18.6% 0.1%
Barrington Bank & Trust Company, N.A. $5,550,000 $12,205,000 119.9% 0.1%
Bank of England $14,650,000 $12,190,000 -16.8% 0.1%
HOMEXPRESS MORTGAGE CORP. $8,280,000 $12,075,000 45.8% 0.1%
Third Federal Savings and Loan Association of Cleveland $6,190,000 $11,940,000 92.9% 0.1%
AMERICAN FINANCIAL RESOURCES, INC. $3,875,000 $11,925,000 207.7% 0.1%
MORTGAGE ACCESS CORP. $6,325,000 $11,755,000 85.8% 0.1%
GUILD MORTGAGE COMPANY $6,490,000 $11,335,000 74.7% 0.1%
INSPIRE HOME LOANS INC. $19,125,000 $11,155,000 -41.7% 0.1%
TOP FLITE FINANCIAL, INC. $11,775,000 $11,110,000 -5.6% 0.1%
ADVANTAGE ONE Credit Union $10,290,000 $11,060,000 7.5% 0.1%
MMS MORTGAGE SERVICES, LTD. $9,260,000 $10,855,000 17.2% 0.1%
Prudential Huntoon Paige Associates, LLC $2,075,000 $10,335,000 398.1% 0.1%
AMWEST FUNDING CORP. $6,815,000 $10,225,000 50.0% 0.1%
TBI MORTGAGE COMPANY $12,780,000 $10,050,000 -21.4% 0.1%
GUARANTEED RATE AFFINITY, LLC $10,975,000 $10,005,000 -8.8% 0.1%
PHH Mortgage Corporation $6,105,000 $9,880,000 61.8% 0.1%
Sunflower Bank $8,555,000 $9,875,000 15.4% 0.1%
THE ANDERSON FINANCIAL GROUP, INC. $10,100,000 $9,580,000 -5.1% 0.0%
HOMEBRIDGE FINANCIAL SERVICES, INC. $10,870,000 $9,520,000 -12.4% 0.0%
Popular Bank $13,175,000 $9,405,000 -28.6% 0.0%
Citibank $13,980,000 $9,270,000 -33.7% 0.0%
The Federal Savings Bank $8,840,000 $9,155,000 3.6% 0.0%
LENDINGONE, LLC $11,345,000 $9,065,000 -20.1% 0.0%
TJC Mortgage, Inc. $11,790,000 $8,970,000 -23.9% 0.0%
Stifel Bank and Trust $14,050,000 $8,900,000 -36.7% 0.0%
DIAMOND RESIDENTIAL MORTGAGE CORPORATION $8,090,000 $8,695,000 7.5% 0.0%
Christian Financial Credit Union $11,430,000 $8,595,000 -24.8% 0.0%
Raymond James Bank $6,755,000 $8,595,000 27.2% 0.0%
ROYAL UNITED MORTGAGE LLC $7,795,000 $8,555,000 9.7% 0.0%
ALLIANT CREDIT UNION $4,375,000 $8,420,000 92.5% 0.0%
NMSI, INC. $2,375,000 $8,270,000 248.2% 0.0%
BIRMINGHAM-BLOOMFIELD Credit Union $8,760,000 $8,200,000 -6.4% 0.0%
PENTAGON FEDERAL CREDIT UNION $9,440,000 $8,135,000 -13.8% 0.0%
DELMAR FINANCIAL COMPANY $9,340,000 $7,965,000 -14.7% 0.0%
FINANCIAL PLUS CREDIT UNION $2,460,000 $7,960,000 223.6% 0.0%
CHURCHILL MORTGAGE CORPORATION $5,120,000 $7,935,000 55.0% 0.0%
LENDSURE MORTGAGE CORP. $1,500,000 $7,750,000 416.7% 0.0%
Extra $7,770,000 $7,745,000 -0.3% 0.0%
GREENSTATE CREDIT UNION $7,055,000 $7,735,000 9.6% 0.0%
Lakeview Community Capital, LLC $1,175,000 $7,710,000 556.2% 0.0%
Paramount Residential Mortgage Group, Inc. $4,495,000 $7,695,000 71.2% 0.0%
GENEVA FINANCIAL, LLC $9,245,000 $7,405,000 -19.9% 0.0%
St James Mortgage Corporation $4,160,000 $7,125,000 71.3% 0.0%
Citadel Servicing Corporation $11,360,000 $7,005,000 -38.3% 0.0%
SPRING EQ, LLC $5,955,000 $6,980,000 17.2% 0.0%
AmeriHome Mortgage Company, LLC $2,975,000 $6,975,000 134.5% 0.0%
KeyBank $8,070,000 $6,735,000 -16.5% 0.0%
SUN WEST MORTGAGE COMPANY, INC. $8,620,000 $6,675,000 -22.6% 0.0%
AMERICAN FINANCING CORPORATION $2,230,000 $6,670,000 199.1% 0.0%
First Federal Bank $1,790,000 $6,285,000 251.1% 0.0%
FIRST COLONY MORTGAGE CORPORATION $365,000 $6,255,000 1,613.7% 0.0%
SIRVA MORTGAGE, INC. $4,175,000 $6,230,000 49.2% 0.0%
LENOX FINANCIAL MORTGAGE CORPORATION $6,215,000 n/a 0.0%
MORTGAGE SOLUTIONS OF COLORADO, LLC $2,190,000 $6,205,000 183.3% 0.0%
BAY EQUITY LLC $2,860,000 $6,165,000 115.6% 0.0%
FINANCE OF AMERICA REVERSE LLC $6,300,000 $6,155,000 -2.3% 0.0%
VANDERBILT MORTGAGE AND FINANCE, INC. $2,345,000 $6,055,000 158.2% 0.0%
CLEARPATH LENDING $3,650,000 $6,025,000 65.1% 0.0%
Frankenmuth Credit Union $6,335,000 $5,925,000 -6.5% 0.0%
AMERICAN PACIFIC MORTGAGE CORPORATION $3,660,000 $5,785,000 58.1% 0.0%
HSBC BANK USA, NATIONAL ASSOCIATION $1,685,000 $5,700,000 238.3% 0.0%
M&T Bank $3,140,000 $5,645,000 79.8% 0.0%
Civista Bank $105,000 $5,580,000 5,214.3% 0.0%
SECURITY CREDIT UNION $7,735,000 $5,580,000 -27.9% 0.0%
WINGS FINANCIAL $5,975,000 $5,490,000 -8.1% 0.0%
BMO Harris Bank $6,180,000 $5,425,000 -12.2% 0.0%
LOANPAL, LLC $2,255,000 $5,415,000 140.1% 0.0%
Texana Bank $5,385,000 n/a 0.0%
ANGEL OAK MORTGAGE SOLUTIONS LLC $6,655,000 $5,380,000 -19.2% 0.0%
AMERITRUST MORTGAGE CORPORATION $105,000 $5,335,000 4,981.0% 0.0%
Goldman Sachs Bank USA $505,000 $5,115,000 912.9% 0.0%
Truist $3,500,000 $5,015,000 43.3% 0.0%
Tri-County Bank $14,510,000 $4,960,000 -65.8% 0.0%
NATIONAL COOPERATIVE BANK, N.A. $5,710,000 $4,950,000 -13.3% 0.0%
CORNERSTONE COMMUNITY FINANCIAL $4,475,000 $4,855,000 8.5% 0.0%
SELFRELIANCE $1,135,000 $4,855,000 327.8% 0.0%
County National Bank $2,610,000 $4,830,000 85.1% 0.0%
Southern Michigan Bank & Trust $15,260,000 $4,820,000 -68.4% 0.0%
Horizon Bank $7,680,000 $4,740,000 -38.3% 0.0%
Bethpage Federal Credit Union $2,290,000 $4,725,000 106.3% 0.0%
A&D Mortgage LLC $3,520,000 $4,645,000 32.0% 0.0%
First National Bank of America $2,220,000 $4,610,000 107.7% 0.0%
NEW ENGLAND FEDERAL CREDIT UNION $4,535,000 $4,430,000 -2.3% 0.0%
JMAC LENDING, INC. $180,000 $4,365,000 2,325.0% 0.0%
SOUTHWEST FUNDING, LP $4,215,000 n/a 0.0%
DOW CHEMICAL EMPLOYEES' $3,535,000 $4,155,000 17.5% 0.0%
RBC Bank, (Georgia) $10,725,000 $4,070,000 -62.1% 0.0%
Quontic Bank $505,000 $3,940,000 680.2% 0.0%
LONGBRIDGE FINANCIAL, LLC $4,135,000 $3,835,000 -7.3% 0.0%
Providence Bank & Trust $3,755,000 n/a 0.0%
Merchants Mortgage & Trust Corporation $675,000 $3,725,000 451.9% 0.0%
Eastern Michigan Bank $4,270,000 $3,715,000 -13.0% 0.0%
ROUNDPOINT MORTGAGE SERVICING CORPORATION $330,000 $3,645,000 1,004.5% 0.0%
BNY Mellon $4,875,000 $3,590,000 -26.4% 0.0%
MID AMERICA MORTGAGE, INC. $6,205,000 $3,590,000 -42.1% 0.0%
Michigan Legacy Credit Union $7,745,000 $3,560,000 -54.0% 0.0%
Pinnacle Bank $2,390,000 $3,510,000 46.9% 0.0%
AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC $640,000 $3,375,000 427.3% 0.0%
Magnolia Bank $1,665,000 $3,275,000 96.7% 0.0%
Summit Mortgage Corporation $700,000 $3,270,000 367.1% 0.0%
TEAM ONE CREDIT UNION $3,125,000 $3,215,000 2.9% 0.0%
Wildfire Credit Union $3,780,000 $3,180,000 -15.9% 0.0%
Hometown Equity Mortgage, LLC $2,645,000 $3,170,000 19.8% 0.0%
Baxter Credit Union $960,000 $3,095,000 222.4% 0.0%
EMM LOANS LLC $4,890,000 $3,020,000 -38.2% 0.0%
American Mortgage & Equity Consultants, Inc. $2,775,000 $2,990,000 7.7% 0.0%
OAKTREE FUNDING CORP. $1,805,000 $2,960,000 64.0% 0.0%
HOWARD HANNA FINANCIAL SERVICES, INC. $6,645,000 $2,880,000 -56.7% 0.0%
T2 FINANCIAL LLC $145,000 $2,860,000 1,872.4% 0.0%
NFM, INC. $2,620,000 $2,855,000 9.0% 0.0%
UNITED $1,155,000 $2,790,000 141.6% 0.0%
Residential Acceptance Corporation $2,735,000 n/a 0.0%
DIGITAL Federal Credit Union $7,670,000 $2,685,000 -65.0% 0.0%
First Savings Bank $17,425,000 $2,670,000 -84.7% 0.0%
Bank of Springfield $2,655,000 n/a 0.0%
Commerce Bank $290,000 $2,595,000 794.8% 0.0%
PLUS RELOCATION MORTGAGE, LLC $600,000 $2,545,000 324.2% 0.0%
TEMPLE VIEW CAPITAL FUNDING, LP $1,980,000 $2,535,000 28.0% 0.0%
CP Financial Credit Union $2,515,000 n/a 0.0%
FreeStar Financial Credit Union $2,935,000 $2,515,000 -14.3% 0.0%
NORTHERN MORTGAGE SERVICES, LLC $1,755,000 $2,495,000 42.2% 0.0%
City National Bank $2,720,000 $2,470,000 -9.2% 0.0%
VAN DYK MORTGAGE CORPORATION $3,260,000 $2,450,000 -24.8% 0.0%
CIBC Bank USA $1,785,000 $2,410,000 35.0% 0.0%
RESIDENTIAL WHOLESALE MORTGAGE, INC. $2,410,000 n/a 0.0%
ANDREWS FEDERAL CREDIT UNION $2,375,000 n/a 0.0%
Nations Lending Corporation $15,545,000 $2,375,000 -84.7% 0.0%
Farmers Bank & Trust $2,775,000 $2,350,000 -15.3% 0.0%
CONSTRUCTIVE LOANS, LLC $1,545,000 $2,305,000 49.2% 0.0%
Eaton Community Bank $430,000 $2,245,000 422.1% 0.0%
Peoples Bank $1,395,000 $2,205,000 58.1% 0.0%
LAFCU $1,070,000 $2,165,000 102.3% 0.0%
MILEND, INC. $560,000 $2,140,000 282.1% 0.0%
PURDUE FEDERAL CREDIT UNION $770,000 $2,140,000 177.9% 0.0%
NATIONS RELIABLE LENDING, LLC $3,590,000 $2,125,000 -40.8% 0.0%
V.I.P. MORTGAGE, INC. $600,000 $2,115,000 252.5% 0.0%
First Financial Bank $1,430,000 $2,110,000 47.6% 0.0%
Thumb Bank and Trust $480,000 $2,090,000 335.4% 0.0%
ARC HOME LLC $3,455,000 $2,075,000 -39.9% 0.0%
GREENWOOD $1,470,000 $2,055,000 39.8% 0.0%
Honor Credit Union $1,970,000 $1,930,000 -2.0% 0.0%
BM Real Estate Services, Inc. $6,935,000 $1,890,000 -72.7% 0.0%
Liberty Bank and Trust Company $1,915,000 $1,885,000 -1.6% 0.0%
FOUNDATION MORTGAGE CORPORATION $4,240,000 $1,865,000 -56.0% 0.0%
ALLIED MORTGAGE GROUP, INC. $345,000 $1,835,000 431.9% 0.0%
Ixonia Bank $920,000 $1,825,000 98.4% 0.0%
Union Bank $1,805,000 n/a 0.0%
HOMESTEAD FUNDING CORP. $1,550,000 $1,800,000 16.1% 0.0%
US MORTGAGE CORPORATION $3,520,000 $1,795,000 -49.0% 0.0%
Devon Bank $1,790,000 n/a 0.0%
LIBERTY HOME MORTGAGE CORPORATION $1,955,000 $1,765,000 -9.7% 0.0%
FIRST CHOICE MH LLC $55,000 $1,745,000 3,072.7% 0.0%
CREDIT HUMAN FEDERAL CREDIT UNION $1,585,000 $1,710,000 7.9% 0.0%
GVC MORTGAGE, INC. $3,755,000 $1,705,000 -54.6% 0.0%
Servion, Inc. $1,245,000 $1,685,000 35.3% 0.0%
ALLIANCE CATHOLIC CREDIT UNION $5,820,000 $1,680,000 -71.1% 0.0%
The Central Trust Bank $3,035,000 $1,650,000 -45.6% 0.0%
UNITED HOME LOANS, INC. $1,690,000 $1,640,000 -3.0% 0.0%
Parda Federal Credit Union $390,000 $1,630,000 317.9% 0.0%
The Farmers & Merchants State Bank $15,210,000 $1,625,000 -89.3% 0.0%
Adventure Credit Union $145,000 $1,570,000 982.8% 0.0%
Isabella Bank $780,000 $1,555,000 99.4% 0.0%
Regions Bank $1,990,000 $1,550,000 -22.1% 0.0%
Signature Bank, N.A. $1,505,000 n/a 0.0%
Home Mortgage Alliance Corp $1,500,000 n/a 0.0%
RELIANCE FIRST CAPITAL, LLC $3,405,000 $1,495,000 -56.1% 0.0%
NATIONWIDE MORTGAGE BANKERS, INC. $655,000 $1,485,000 126.7% 0.0%
S1L, Inc. $1,040,000 $1,485,000 42.8% 0.0%
PREMIER MORTGAGE RESOURCES, L.L.C. $670,000 $1,480,000 120.9% 0.0%
Ameris Bank $670,000 $1,380,000 106.0% 0.0%
First Horizon Bank $765,000 $1,360,000 77.8% 0.0%
TLC COMMUNITY Credit Union $385,000 $1,355,000 251.9% 0.0%
AMERICAN PORTFOLIO MORTGAGE CORPORATION $935,000 $1,335,000 42.8% 0.0%
FM Home Loans, LLC $1,305,000 n/a 0.0%
Armed Forces Bank $315,000 $1,270,000 303.2% 0.0%
Meijer Credit Union $820,000 $1,260,000 53.7% 0.0%
EMBRACE HOME LOANS, INC. $2,540,000 $1,245,000 -51.0% 0.0%
FARMERS INSURANCE GROUP FEDERAL CREDIT UNION $445,000 $1,235,000 177.5% 0.0%
SOVITA Credit Union $950,000 $1,225,000 28.9% 0.0%
Leader Bank $1,380,000 $1,215,000 -12.0% 0.0%
EQUITY RESOURCES, INC. $1,200,000 $1,210,000 0.8% 0.0%
The Union Bank Company $1,565,000 $1,210,000 -22.7% 0.0%
Nicolet National Bank $1,020,000 $1,200,000 17.6% 0.0%
MLB RESIDENTIAL LENDING, LLC $245,000 $1,170,000 377.6% 0.0%
USAlliance Federal Credit Union $885,000 $1,160,000 31.1% 0.0%
East Coast Capital Corp. $355,000 $1,140,000 221.1% 0.0%
Mortgage Assurance Inc. $1,140,000 n/a 0.0%
Kellogg Community Credit Union $125,000 $1,135,000 808.0% 0.0%
MICHIGAN COLUMBUS $1,410,000 $1,105,000 -21.6% 0.0%
AMERICAN INTERNET MORTGAGE, INC. $1,280,000 $1,090,000 -14.8% 0.0%
Three Rivers Federal Credit Union $1,400,000 $1,085,000 -22.5% 0.0%
Bell Bank $875,000 $1,065,000 21.7% 0.0%
Cf Bank $1,065,000 n/a 0.0%
ARBOR FINANCIAL CREDIT UNION $2,445,000 $1,030,000 -57.9% 0.0%
Waterstone Mortgage Corporation $410,000 $1,020,000 148.8% 0.0%
INTOUCH CREDIT UNION $200,000 $990,000 395.0% 0.0%
LEADERONE FINANCIAL CORPORATION $255,000 $980,000 284.3% 0.0%
NETWORK CAPITAL FUNDING CORPORATION $240,000 $975,000 306.3% 0.0%
NORWICH COMMERCIAL GROUP, INC. $175,000 $960,000 448.6% 0.0%
OPEN MORTGAGE, LLC $760,000 $960,000 26.3% 0.0%
ENCORE BANK $950,000 n/a 0.0%
MONROE COUNTY COMMUNITY CREDIT UNION $205,000 $945,000 361.0% 0.0%
BAY-VALLEY MORTGAGE GROUP $500,000 $940,000 88.0% 0.0%
Strong Home Mortgage, LLC $710,000 $910,000 28.2% 0.0%
COMPASS MORTGAGE, INC. $320,000 $890,000 178.1% 0.0%
Sierra Pacific Mortgage Company, Inc. $735,000 $890,000 21.1% 0.0%
NP, Inc. $960,000 $885,000 -7.8% 0.0%
United Bank of Michigan $820,000 n/a 0.0%
TOWER $245,000 $815,000 232.7% 0.0%
DATA MORTGAGE, INC. $795,000 n/a 0.0%
Centier Bank $3,470,000 $790,000 -77.2% 0.0%
Capital Bank $785,000 n/a 0.0%
ONY GLO, INC. $455,000 $785,000 72.5% 0.0%
Southwest Airlines Federal Credit Union $25,000 $775,000 3,000.0% 0.0%
North American Savings Bank, F.S.B. $1,240,000 $770,000 -37.9% 0.0%
Goldwater Bank, N.A. $585,000 $750,000 28.2% 0.0%
FREEDOM FIRST $740,000 n/a 0.0%
THE MORTGAGE FIRM, INC. $480,000 $740,000 54.2% 0.0%
Beeline Loans, Inc. $505,000 $725,000 43.6% 0.0%
SUMMIT FUNDING, INC. $1,750,000 $725,000 -58.6% 0.0%
ADVANCIAL $1,170,000 $715,000 -38.9% 0.0%
Arvest Bank $1,545,000 $715,000 -53.7% 0.0%
State Department Federal Credit Union $265,000 $715,000 169.8% 0.0%
OCEANSIDE MORTGAGE COMPANY $185,000 $710,000 283.8% 0.0%
General Mortgage Capital Corporation $1,695,000 $695,000 -59.0% 0.0%
First Federal Savings and Loan Association of Lakewood $4,040,000 $690,000 -82.9% 0.0%
AMERICAN FINANCE HOUSE LARIBA $1,745,000 $665,000 -61.9% 0.0%
BAYSHORE MORTGAGE FUNDING, LLC $455,000 $665,000 46.2% 0.0%
Brighton Bank $660,000 n/a 0.0%
Encompass Lending Group, LP $1,755,000 $650,000 -63.0% 0.0%
Princeton Mortgage Corporation $645,000 n/a 0.0%
AXIA FINANCIAL, LLC $265,000 $640,000 141.5% 0.0%
Merchants Bank of Indiana $6,260,000 $640,000 -89.8% 0.0%
Connexus Credit Union $1,190,000 $635,000 -46.6% 0.0%
EVERETT FINANCIAL, INC. $70,425,000 $625,000 -99.1% 0.0%
Credence Funding Corporation $715,000 $615,000 -14.0% 0.0%
b1BANK $615,000 $605,000 -1.6% 0.0%
EVANSVILLE TEACHERS $600,000 n/a 0.0%
GoPrime Mortgage, Inc. $75,000 $590,000 686.7% 0.0%
CITY FIRST MORTGAGE SERVICES, L.L.C. $105,000 $575,000 447.6% 0.0%
Evolve Bank & Trust $185,000 $575,000 210.8% 0.0%
HOMEOWNERS FINANCIAL GROUP USA, LLC $950,000 $575,000 -39.5% 0.0%
MASSMUTUAL $25,000 $575,000 2,200.0% 0.0%
OceanFirst Bank $195,000 $570,000 192.3% 0.0%
Gateway First Bank $440,000 $545,000 23.9% 0.0%
CHEVRON $125,000 $535,000 328.0% 0.0%
Presidential Bank, FSB $535,000 n/a 0.0%
Directions Credit Union, Inc. $665,000 $520,000 -21.8% 0.0%
COMMUNITYAMERICA $650,000 $510,000 -21.5% 0.0%
Home Loan Investment Bank, F.S.B. $25,000 $510,000 1,940.0% 0.0%
QUORUM FEDERAL CREDIT UNION $505,000 n/a 0.0%
Veritex Community Bank $505,000 n/a 0.0%
American Airlines Federal Credit Union $1,245,000 $500,000 -59.8% 0.0%
CANOPY MORTGAGE, LLC $695,000 $500,000 -28.1% 0.0%
Luxury Mortgage Corp. $495,000 n/a 0.0%
CONTOUR MORTGAGE CORPORATION $1,145,000 $485,000 -57.6% 0.0%
1st State Financial, Ltd. $995,000 $475,000 -52.3% 0.0%
ITHINK FINANCIAL Credit Union $460,000 n/a 0.0%
American 1 Credit Union $160,000 $455,000 184.4% 0.0%
CORNERSTONE HOME LENDING, INC. $9,215,000 $450,000 -95.1% 0.0%
Secured Investment Corp. $160,000 $450,000 181.3% 0.0%
Service Federal Credit Union $445,000 $430,000 -3.4% 0.0%
Stride Bank $430,000 n/a 0.0%
STAR USA FEDERAL CREDIT UNION $75,000 $420,000 460.0% 0.0%
Waterford Bank, N.A. $6,710,000 $420,000 -93.7% 0.0%
First Bank & Trust $415,000 n/a 0.0%
Hancock Whitney Bank $415,000 n/a 0.0%
HONDA Federal Credit Union $415,000 n/a 0.0%
SILVER HILL FUNDING, LLC $1,085,000 $415,000 -61.8% 0.0%
Residential Mortgage Solutions, Inc. $410,000 n/a 0.0%
Sterling Bank and Trust, FSB $405,000 n/a 0.0%
LAFAYETTE FEDERAL CREDIT UNION $175,000 $400,000 128.6% 0.0%
LAND HOME FINANCIAL SERVICES, INC. $1,235,000 $400,000 -67.6% 0.0%
Union Savings Bank $1,285,000 $400,000 -68.9% 0.0%
CITIZENS EQUITY FIRST $395,000 n/a 0.0%
CASE $835,000 $385,000 -53.9% 0.0%
DIRECT MORTGAGE LOANS, LLC $385,000 n/a 0.0%
First-Citizens Bank & Trust Company $1,235,000 $385,000 -68.8% 0.0%
First State Bank $155,000 $385,000 148.4% 0.0%
River Region Credit Union $385,000 n/a 0.0%
Axos Bank $205,000 $380,000 85.4% 0.0%
TruHome Solutions, LLC $380,000 n/a 0.0%
POINT Mortgage $375,000 n/a 0.0%
ENVOY MORTGAGE, LTD $1,225,000 $365,000 -70.2% 0.0%
Centra Credit Union $35,000 $355,000 914.3% 0.0%
Heritage Bank $195,000 $355,000 82.1% 0.0%
Signature Federal Credit Union $570,000 $355,000 -37.7% 0.0%
THRIVENT Federal Credit Union $275,000 $350,000 27.3% 0.0%
COMMUNITY FIRST CREDIT UNION OF FLO $345,000 n/a 0.0%
Midland States Bank $345,000 n/a 0.0%
TEACHERS $335,000 n/a 0.0%
F & M Bank $325,000 n/a 0.0%
KEMBA FINANCIAL $165,000 $325,000 97.0% 0.0%
STAR ONE CREDIT UNION $325,000 n/a 0.0%
TEACHERS CREDIT UNION $205,000 $325,000 58.5% 0.0%
Summit Credit Union $220,000 $315,000 43.2% 0.0%
TELHIO $315,000 n/a 0.0%
KINECTA $1,150,000 $310,000 -73.0% 0.0%
BECKAM FUNDING CORP. $1,385,000 $305,000 -78.0% 0.0%
First Option Mortgage, LLC $305,000 n/a 0.0%
Toyota Financial Savings Bank $1,785,000 $305,000 -82.9% 0.0%
Heartland Bank and Trust Company $295,000 n/a 0.0%
MidFirst Bank $310,000 $295,000 -4.8% 0.0%
AFFINITY $15,000 $290,000 1,833.3% 0.0%
Advisors Mortgage Group, L.L.C. $285,000 n/a 0.0%
FBC MORTGAGE, LLC $285,000 n/a 0.0%
German American Bank $285,000 n/a 0.0%
HALLMARK HOME MORTGAGE, LLC $285,000 n/a 0.0%
HOMESPIRE MORTGAGE CORPORATION $275,000 $275,000 0.0% 0.0%
Wayne Savings Community Bank $275,000 n/a 0.0%
ABSOLUTE HOME MORTGAGE CORPORATION $245,000 $265,000 8.2% 0.0%
Alliance Credit Union $265,000 n/a 0.0%
ALTRA $60,000 $260,000 333.3% 0.0%
Granite Community Bank $255,000 n/a 0.0%
Johnson Bank $255,000 n/a 0.0%
Kentland Bank $255,000 n/a 0.0%
MEMBERS FIRST Credit Union $105,000 $255,000 142.9% 0.0%
GEORGIA'S OWN $620,000 $250,000 -59.7% 0.0%
United States Senate Federal Credit Union $855,000 $250,000 -70.8% 0.0%
Abbott Laboratories Employees Credit Union $245,000 n/a 0.0%
MidAmerica National Bank $245,000 n/a 0.0%
Origin Bank $245,000 n/a 0.0%
UNITED FINANCIAL Credit Union $55,000 $245,000 345.5% 0.0%
Willamette Valley Bank $510,000 $245,000 -52.0% 0.0%
Notre Dame Federal Credit Union Corporation $260,000 $235,000 -9.6% 0.0%
WRIGHT-PATT CREDIT UNION, INC. $235,000 n/a 0.0%
BancFirst $225,000 n/a 0.0%
Financial Partners Credit Union $225,000 n/a 0.0%
LCNB National Bank $225,000 n/a 0.0%
MYCUMORTGAGE, LLC $125,000 $225,000 80.0% 0.0%
N R L Federal Credit Union $225,000 n/a 0.0%
Logan Finance Corporation $2,230,000 $215,000 -90.4% 0.0%
PFCU $380,000 $210,000 -44.7% 0.0%
Clearview Federal Credit Union $205,000 n/a 0.0%
NEW WAVE LENDING GROUP INC $205,000 n/a 0.0%
Atlantic Coast Mortgage, LLC $195,000 n/a 0.0%
First United Bank and Trust Company $195,000 n/a 0.0%
MARSHALL COMMUNITY CREDIT UNION $195,000 n/a 0.0%
PriorityOne Bank $190,000 n/a 0.0%
First State Bank of St. Charles, Missouri $185,000 n/a 0.0%
MLD MORTGAGE INC. $315,000 $185,000 -41.3% 0.0%
Peoples Bank $1,395,000 $185,000 -86.7% 0.0%
PROPER RATE, LLC $180,000 n/a 0.0%
ALL IN $175,000 n/a 0.0%
GARDNER FINANCIAL SERVICES, LTD. $175,000 n/a 0.0%
UNIFY FINANCIAL Credit Union $715,000 $175,000 -75.5% 0.0%
Bank Five Nine $165,000 n/a 0.0%
FIRST OHIO HOME FINANCE, INC. $195,000 $165,000 -15.4% 0.0%
Deere Employees Credit Union $455,000 $160,000 -64.8% 0.0%
INTERNATIONAL CITY MORTGAGE, INC. $160,000 n/a 0.0%
Associated Bank $445,000 $155,000 -65.2% 0.0%
UNITED MORTGAGE CORP $155,000 n/a 0.0%
BayCoast Bank $255,000 $145,000 -43.1% 0.0%
CREDIT UNION MORTGAGE ASSOCIATION, INC. $530,000 $145,000 -72.6% 0.0%
ON Q FINANCIAL, INC. $1,595,000 $145,000 -90.9% 0.0%
City Lending Inc. $140,000 n/a 0.0%
JET DIRECT FUNDING CORP $325,000 $135,000 -58.5% 0.0%
The Bank of South Carolina $135,000 n/a 0.0%
First American Bank $55,000 $125,000 127.3% 0.0%
First National Bank of Omaha $385,000 $125,000 -67.5% 0.0%
HighTechLending Inc $125,000 n/a 0.0%
Security Bank of Kansas City $125,000 n/a 0.0%
Atlantic Union Bank $115,000 n/a 0.0%
Northwest Bank $1,985,000 $115,000 -94.2% 0.0%
CLIFFCO, INC. $105,000 n/a 0.0%
FirstBank $105,000 $105,000 0.0% 0.0%
The Shelby State Bank $105,000 n/a 0.0%
SUN Federal Credit Union $200,000 $100,000 -50.0% 0.0%
Cornerstone National Bank & Trust Company $95,000 n/a 0.0%
First Bank $95,000 n/a 0.0%
Pacific Lending LLC $95,000 n/a 0.0%
Community West Credit Union $295,000 $85,000 -71.2% 0.0%
SECURITYNATIONAL MORTGAGE COMPANY $490,000 $85,000 -82.7% 0.0%
WESCOM CENTRAL CREDIT UNION $85,000 n/a 0.0%
DUPACO COMMUNITY $75,000 n/a 0.0%
GTE Federal Credit Union $500,000 $75,000 -85.0% 0.0%
ASHLAND Credit Union $65,000 n/a 0.0%
ASTERA $165,000 $65,000 -60.6% 0.0%
Independent Bank $209,295,000 $65,000 -100.0% 0.0%
RESIDENTIAL BANCORP $355,000 $65,000 -81.7% 0.0%
MidWestOne Bank $55,000 n/a 0.0%
OMNI Community Credit Union $55,000 n/a 0.0%
POLARIS HOME FUNDING CORP. $335,000 $55,000 -83.6% 0.0%
THE EQUITABLE MORTGAGE CORPORATION $285,000 $55,000 -80.7% 0.0%
FEDEX EMPLOYEES CREDIT ASSOCIATION $260,000 $45,000 -82.7% 0.0%
MASS. INSTITUTE OF TECH. FEDERAL CREDIT UNION $45,000 n/a 0.0%
The State Bank and Trust Company $1,485,000 $45,000 -97.0% 0.0%
NASA Federal Credit Union $55,000 $35,000 -36.4% 0.0%
Muskegon Co Op Federal Credit Union $25,000 n/a 0.0%

Detroit - Warren - Dearborn's top lender by overall market share is UNITED WHOLESALE MORTGAGE, LLC, with 16.0% market share. In second place, with 12.1%, is QUICKEN LOANS, LLC, having originated $2,346,350,000 in loans. In third place, with 3.7%, is The Huntington National Bank, having originated $719,090,000 in loans. In fourth place, with 3.4%, is LAKE MICHIGAN CREDIT UNION, having originated $651,145,000 in loans. In fifth place, with 2.2%, is MICHIGAN SCHOOLS AND GOVERNMENT, having originated $437,155,000 in loans.


Detroit - Warren - Dearborn Housing Market Trends (Median, Average Prices & Listing Count)

Realtor.com - Detroit - Warren - Dearborn (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Price (YoY Change) Average Listing Price (YoY) MSA/US Median Price Ratio Active Listings
2018-01-01 $199,900 (7.3%) $309,612 (5.3%) 0.74 9,943
2018-02-01 $205,995 (7.1%) $318,931 (6.5%) 0.75 9,273
2018-03-01 $224,900 (5.9%) $338,115 (8.3%) 0.79 9,085
2018-04-01 $242,450 (7.8%) $343,602 (5.1%) 0.82 9,494
2018-05-01 $249,900 (6.6%) $348,798 (3.2%) 0.83 10,499
2018-06-01 $252,900 (7.4%) $353,472 (3.9%) 0.84 11,784
2018-07-01 $249,900 (6.3%) $346,109 (2.7%) 0.83 12,982
2018-08-01 $244,950 (8.1%) $336,207 (2.9%) 0.82 14,306
2018-09-01 $239,900 (6.6%) $334,438 (2.9%) 0.81 14,961
2018-10-01 $231,200 (4.4%) $326,445 (1.2%) 0.78 14,884
2018-11-01 $225,000 (4.1%) $318,682 (0.1%) 0.76 14,432
2018-12-01 $219,900 (4.8%) $314,529 (-0.2%) 0.76 13,257
2019-01-01 $218,750 (9.4%) $313,352 (1.2%) 0.76 12,164
2019-02-01 $219,950 (6.8%) $317,074 (-0.6%) 0.74 11,497
2019-03-01 $232,814 (3.5%) $329,700 (-2.5%) 0.76 11,352
2019-04-01 $250,400 (3.3%) $345,434 (0.5%) 0.80 11,489
2019-05-01 $259,900 (4.0%) $351,994 (0.9%) 0.81 12,361
2019-06-01 $262,000 (3.6%) $350,214 (-0.9%) 0.82 13,709
2019-07-01 $259,900 (4.0%) $344,100 (-0.6%) 0.81 14,991
2019-08-01 $253,355 (3.4%) $337,148 (0.3%) 0.80 15,527
2019-09-01 $243,536 (1.5%) $328,224 (-1.9%) 0.78 15,830
2019-10-01 $236,991 (2.5%) $321,800 (-1.4%) 0.76 15,906
2019-11-01 $229,900 (2.2%) $317,760 (-0.3%) 0.75 14,872
2019-12-01 $224,900 (2.3%) $311,265 (-1.0%) 0.75 13,036
2020-01-01 $219,950 (0.6%) $310,516 (-0.9%) 0.74 11,629
2020-02-01 $222,500 (1.2%) $315,616 (-0.5%) 0.73 10,735
2020-03-01 $237,950 (2.2%) $329,604 (0.0%) 0.75 10,379
2020-04-01 $244,018 (-2.6%) $333,336 (-3.5%) 0.76 9,897
2020-05-01 $249,900 (-3.9%) $338,741 (-3.8%) 0.76 10,721
2020-06-01 $272,725 (4.1%) $365,221 (4.3%) 0.80 10,264
2020-07-01 $278,500 (7.2%) $374,380 (8.8%) 0.81 9,833
2020-08-01 $274,900 (8.5%) $373,983 (10.9%) 0.79 9,310
2020-09-01 $269,950 (10.9%) $373,511 (13.8%) 0.77 8,991
2020-10-01 $265,000 (11.8%) $373,840 (16.2%) 0.76 8,483
2020-11-01 $254,950 (10.9%) $373,438 (17.5%) 0.75 7,676
2020-12-01 $249,950 (11.1%) $370,831 (19.1%) 0.74 6,753
2021-01-01 $249,900 (13.6%) $372,979 (20.1%) 0.75 5,689
2021-02-01 $250,000 (12.4%) $388,722 (23.2%) 0.73 4,730
2021-03-01 $266,294 (11.9%) $398,162 (20.8%) 0.76 4,596
2021-04-01 $269,950 (10.6%) $405,925 (21.8%) 0.73 4,725
2021-05-01 $279,900 (12.0%) $409,975 (21.0%) 0.74 5,267
2021-06-01 $276,575 (1.4%) $396,675 (8.6%) 0.73 6,498
2021-07-01 $275,000 (-1.3%) $391,506 (4.6%) 0.73 7,192
2021-08-01 $267,400 (-2.7%) $383,727 (2.6%) 0.71 7,991
2021-09-01 $249,950 (-7.4%) $370,605 (-0.8%) 0.67 8,195
2021-10-01 $242,990 (-8.3%) $360,143 (-3.7%) 0.65 7,880
2021-11-01 $227,450 (-10.8%) $348,427 (-6.7%) 0.61 7,274
2021-12-01 $216,950 (-13.2%) $345,719 (-6.8%) 0.59 6,293
2022-01-01 $205,000 (-18.0%) $341,364 (-8.5%) 0.55 5,189
2022-02-01 $216,100 (-13.6%) $354,232 (-8.9%) 0.56 4,625
2022-03-01 $227,450 (-14.6%) $360,375 (-9.5%) 0.57 4,771
2022-04-01 $249,900 (-7.4%) $376,980 (-7.1%) 0.60 5,012
2022-05-01 $274,000 (-2.1%) $384,646 (-6.2%) 0.63 6,342
2022-06-01 $279,950 (1.2%) $388,407 (-2.1%) 0.62 7,666
2022-07-01 $279,900 (1.8%) $381,907 (-2.5%) 0.63 9,284
2022-08-01 $272,350 (1.9%) $370,524 (-3.4%) 0.63 9,869
2022-09-01 $263,908 (5.6%) $366,211 (-1.2%) 0.62 9,756
2022-10-01 $250,000 (2.9%) $355,627 (-1.3%) 0.59 9,856
2022-11-01 $247,000 (8.6%) $347,736 (-0.2%) 0.59 9,743
2022-12-01 $230,000 (6.0%) $341,684 (-1.2%) 0.57 8,673
2023-01-01 $227,250 (10.9%) $343,293 (0.6%) 0.56 7,432
2023-02-01 $229,450 (6.2%) $347,618 (-1.9%) 0.55 6,513
2023-03-01 $236,950 (4.2%) $362,607 (0.6%) 0.56 5,939
2023-04-01 $250,000 (0.0%) $384,503 (2.0%) 0.58 5,885
2023-05-01 $267,450 (-2.4%) $399,456 (3.9%) 0.61 6,035
2023-06-01 $270,000 (-3.6%) $402,227 (3.6%) 0.61 6,449
2023-07-01 $269,000 (-3.9%) $393,640 (3.1%) 0.61 6,991
2023-08-01 $272,400 (0.0%) $389,943 (5.2%) 0.63 7,451
2023-09-01 $262,500 (-0.5%) $386,071 (5.4%) 0.61 7,663
2023-10-01 $252,450 (1.0%) $382,614 (7.6%) 0.59 7,910
2023-11-01 $247,250 (0.1%) $373,072 (7.3%) 0.59 8,119
2023-12-01 $235,900 (2.6%) $366,002 (7.1%) 0.58 7,359
2024-01-01 $229,575 (1.0%) $363,506 (5.9%) 0.56 6,427
2024-02-01 $229,450 (0.0%) $368,098 (5.9%) 0.55 6,204
2024-03-01 $239,900 (1.2%) $380,002 (4.8%) 0.56 6,153
2024-04-01 $250,000 (0.0%) $387,719 (0.8%) 0.58 6,146
2024-05-01 $261,950 (-2.1%) $407,746 (2.1%) 0.60 6,542
2024-06-01 $274,900 (1.8%) $420,987 (4.7%) 0.62 7,088
2024-07-01 $279,900 (4.1%) $430,572 (9.4%) 0.64 7,736
2024-08-01 $279,900 (2.8%) $417,041 (7.0%) 0.65 8,525
2024-09-01 $277,000 (5.5%) $407,313 (5.5%) 0.65 8,921
2024-10-01 $271,200 (7.4%) $399,253 (4.4%) 0.64 8,920
2024-11-01 $260,000 (5.2%) $388,539 (4.2%) 0.62 8,789
2024-12-01 $249,900 (5.9%) $382,461 (4.5%) 0.62 7,942
2025-01-01 $239,950 (4.5%) $376,317 (3.5%) 0.60 7,125
2025-02-01 $239,900 (4.6%) $378,684 (2.9%) 0.58 6,587
2025-03-01 $245,000 (2.1%) $385,499 (1.5%) 0.00 6,735
Detroit - Warren - Dearborn's median listing price for 2025-03-01 was $245,000, a difference of $5,100 (2.1%) versus the prior year and $5,100 versus the prior month.

Detroit - Warren - Dearborn's median listing price comes in at 0% of the national average.

Detroit - Warren - Dearborn's average listing price for 2025-03-01 was $385,499, a difference of $5,497 (1.5%) versus the prior year and $6,815 versus the prior month.

For the 2025-03-01 period, Detroit - Warren - Dearborn had 6,735 MLS listings, a difference of 148 listings (2%) versus the prior month and 582 listings (9%) versus the prior year.

Median Listing Time on Market & Square Footage

Realtor.com - Detroit - Warren - Dearborn (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Time on Market Median Square Footage
2018-01-01 63 days 1,578 sqft
2018-02-01 58 days 1,581 sqft
2018-03-01 45 days 1,644 sqft
2018-04-01 36 days 1,686 sqft
2018-05-01 33 days 1,713 sqft
2018-06-01 33 days 1,734 sqft
2018-07-01 36 days 1,723 sqft
2018-08-01 35 days 1,700 sqft
2018-09-01 40 days 1,692 sqft
2018-10-01 43 days 1,642 sqft
2018-11-01 46 days 1,613 sqft
2018-12-01 56 days 1,585 sqft
2019-01-01 61 days 1,582 sqft
2019-02-01 60 days 1,596 sqft
2019-03-01 45 days 1,632 sqft
2019-04-01 36 days 1,684 sqft
2019-05-01 34 days 1,717 sqft
2019-06-01 36 days 1,728 sqft
2019-07-01 37 days 1,724 sqft
2019-08-01 40 days 1,706 sqft
2019-09-01 43 days 1,675 sqft
2019-10-01 45 days 1,651 sqft
2019-11-01 51 days 1,624 sqft
2019-12-01 62 days 1,598 sqft
2020-01-01 69 days 1,584 sqft
2020-02-01 58 days 1,586 sqft
2020-03-01 47 days 1,605 sqft
2020-04-01 59 days 1,620 sqft
2020-05-01 65 days 1,640 sqft
2020-06-01 38 days 1,725 sqft
2020-07-01 37 days 1,740 sqft
2020-08-01 33 days 1,710 sqft
2020-09-01 36 days 1,669 sqft
2020-10-01 36 days 1,641 sqft
2020-11-01 40 days 1,600 sqft
2020-12-01 48 days 1,576 sqft
2021-01-01 51 days 1,557 sqft
2021-02-01 39 days 1,562 sqft
2021-03-01 28 days 1,577 sqft
2021-04-01 22 days 1,595 sqft
2021-05-01 18 days 1,604 sqft
2021-06-01 19 days 1,600 sqft
2021-07-01 22 days 1,590 sqft
2021-08-01 24 days 1,558 sqft
2021-09-01 30 days 1,514 sqft
2021-10-01 31 days 1,493 sqft
2021-11-01 36 days 1,451 sqft
2021-12-01 43 days 1,421 sqft
2022-01-01 52 days 1,406 sqft
2022-02-01 34 days 1,416 sqft
2022-03-01 25 days 1,441 sqft
2022-04-01 22 days 1,486 sqft
2022-05-01 20 days 1,537 sqft
2022-06-01 23 days 1,559 sqft
2022-07-01 28 days 1,551 sqft
2022-08-01 32 days 1,531 sqft
2022-09-01 39 days 1,522 sqft
2022-10-01 39 days 1,500 sqft
2022-11-01 43 days 1,484 sqft
2022-12-01 52 days 1,453 sqft
2023-01-01 62 days 1,443 sqft
2023-02-01 55 days 1,455 sqft
2023-03-01 46 days 1,473 sqft
2023-04-01 37 days 1,508 sqft
2023-05-01 30 days 1,530 sqft
2023-06-01 31 days 1,536 sqft
2023-07-01 32 days 1,531 sqft
2023-08-01 36 days 1,522 sqft
2023-09-01 40 days 1,508 sqft
2023-10-01 40 days 1,480 sqft
2023-11-01 41 days 1,461 sqft
2023-12-01 50 days 1,445 sqft
2024-01-01 50 days 1,457 sqft
2024-02-01 46 days 1,447 sqft
2024-03-01 42 days 1,462 sqft
2024-04-01 39 days 1,479 sqft
2024-05-01 34 days 1,497 sqft
2024-06-01 35 days 1,511 sqft
2024-07-01 37 days 1,521 sqft
2024-08-01 36 days 1,519 sqft
2024-09-01 39 days 1,510 sqft
2024-10-01 40 days 1,504 sqft
2024-11-01 44 days 1,514 sqft
2024-12-01 50 days 1,487 sqft
2025-01-01 57 days 1,447 sqft
2025-02-01 52 days 1,447 sqft
2025-03-01 0 days 1,454 sqft
Detroit - Warren - Dearborn's median listing age (time on market) for 2025-03-01 was 0 days. This is -100% shorter than the same period one year ago.

Detroit - Warren - Dearborn's median square footage for active listings during the 2025-03-01 period was 1,454 sqft. One year prior, the average listing was 1,462 sqft.

Detroit-Warren-Dearborn, MI Market Loan Reason

Loan Purpose Originations Total Value Average Loan
Home Purchase 45,600 $12,419,670,000 $272,361
Cash Out Refi 12,747 $2,331,665,000 $182,919
Refi 10,481 $2,833,905,000 $270,385
Other 9,848 $964,660,000 $97,955
Home Improvement 9,662 $877,860,000 $90,857
NA 23 $5,745,000 $249,783

Detroit - Warren - Dearborn's most frequently cited loan purpose was Home Purchase, with 45,600 originations. The 2nd most popular reason was Cash Out Refi, with 12,747 originations.

Interest Rate Frequencies

Loan Rate Originations Total Value Average Loan
6-7% 35,150 $9,119,220,000 $259,437
Over 8% 21,798 $2,408,060,000 $110,472
7-8% 18,288 $4,158,430,000 $227,386
5-6% 10,663 $3,227,005,000 $302,636
4-5% 734 $192,860,000 $262,752
<2.5% 613 $11,655,000 $19,013
3-4% 68 $18,430,000 $271,029
2.5-3% 45 $10,135,000 $225,222

During 2024, Detroit - Warren - Dearborn's most frequently originated rate bucket was 6-7%, with 35,150 originations.

Loan Sizing (Detroit-Warren-Dearborn, MI MSA)

Loan Size Originations Total Value Average Loan
$200k-400k 26,637 $7,398,315,000 $277,746
$100,000 or less 26,226 $1,462,020,000 $55,747
$100k-200k 25,366 $3,717,480,000 $146,554
$400k-600k 7,120 $3,385,200,000 $475,449
$600k-1000k 2,332 $1,661,560,000 $712,504
$Over $1MM 680 $1,808,930,000 $2,660,191

Detroit - Warren - Dearborn's loan sizing saw the bucket of loans from $200k-400k with 26,637 originations, totaling $7,398,315,000 in origination value.

LTV Distribution

Loan to Value Originations Total Value Average Loan
80-100% 33,146 $9,175,230,000 $276,813
60-80% 19,438 $5,578,000,000 $286,964
Under 20% 13,485 $770,855,000 $57,164
20-40% 11,907 $1,400,595,000 $117,628
40-60% 7,733 $1,727,875,000 $223,442
Over 100% 506 $264,130,000 $521,996

Detroit - Warren - Dearborn's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 33,146 originations, totaling $9,175,230,000 in origination value.