FLINT Mortgage Rates & Closing Costs
30 Year Fixed Rate mortgages in Flint averaged
6.78%
for the week of 2024-11-07, compared to the national average of
6.79% for the same period.
The average rate for the prior week (2024-10-31) was
7.01% and
one month ago for the week of 2024-10-03, the
average rate was 6.41%.
Flint's average rate one year ago was 7.75%.
For refis of the same type during the week of 2024-11-07, the average rate
was 7.84%.
| Loan Type | Date | Rate |
|---|---|---|
| US 30 Year Fixed Rate | 2024-11-07 | 6.79% |
| Flint 30 Year Fixed Rate | 2024-11-07 | 6.78% |
| Flint 30 Year Fixed Rate Refi | 2024-11-07 | 7.84% |
| Flint 15 Year Fixed Rate | 2024-11-07 | 6.89% |
| Flint 15 Year Fixed Rate Refi | 2024-11-07 | 6.4% |
| Flint 30 Year FHA | 2024-11-07 | 6.42% |
| Flint 30 Year FHA Refi | 2024-11-07 | 6.43% |
| Flint 30 Year USDA | 2024-11-07 | 6.41% |
| Flint 30 Year USDA Refi | 2024-11-07 | 6.68% |
| Flint 30 Year VA | 2024-11-07 | 6.46% |
| Flint 30 Year VA Refi | 2024-11-07 | 6.44% |
FLINT 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 FLINT, 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.).
FLINT Average Closing Costs & Other Stats
FLINT, MI's 161 lenders originated 7,250
loans during 2023. The total origination value was $1,090,930,000, with an average loan value of
$150,473.
FLINT's average closing costs are $4,394.
The top FLINT lender as defined by loan originations is QUICKEN LOANS, LLC, with
296 loans originated. Their average total fees are
$5,714, which is $98
higher than the next largest lender,
UNITED WHOLESALE MORTGAGE, LLC.
The lowest fee FLINT lenders (with over 10 loans originated) are
TEAM ONE CREDIT UNION ($1,926), Dort Financial Credit Union ($2,674), MICHIGAN SCHOOLS AND GOVERNMENT ($2,758), FINANCIAL PLUS CREDIT UNION ($2,891) and Frankenmuth Credit Union ($2,980).
The lowest rate FLINT lenders (with over 10 loans originated) are
MICHIGAN SCHOOLS AND GOVERNMENT (6.01%), MORTGAGE CENTER L.C (6.27%), INSPIRE HOME LOANS INC. (6.27%), First Merchants Bank (6.51%) and Dort Financial Credit Union (6.52%).
FLINT, 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 | 2022 Loan Value | 2023 Loan Value | % Change | 2023 Market Share |
|---|---|---|---|---|
| QUICKEN LOANS, LLC | $153,095,000 | $101,855,000 | -33.5% | 9.3% |
| UNITED WHOLESALE MORTGAGE, LLC | $93,960,000 | $90,990,000 | -3.2% | 8.3% |
| Preston Home Loans Inc | $60,370,000 | $51,270,000 | -15.1% | 4.7% |
| J. VIRGIL, INC. | $89,585,000 | $49,850,000 | -44.4% | 4.6% |
| The Huntington National Bank | $59,005,000 | $46,170,000 | -21.8% | 4.2% |
| ELGA CREDIT UNION | $45,590,000 | $36,830,000 | -19.2% | 3.4% |
| Dort Financial Credit Union | $54,155,000 | $35,310,000 | -34.8% | 3.2% |
| The State Bank | $67,595,000 | $32,475,000 | -52.0% | 3.0% |
| First State Bank | $14,365,000 | $27,465,000 | 91.2% | 2.5% |
| LAKE MICHIGAN CREDIT UNION | $36,890,000 | $22,750,000 | -38.3% | 2.1% |
| GENISYS | $27,590,000 | $22,425,000 | -18.7% | 2.1% |
| MORTGAGE 1 INCORPORATED | $25,630,000 | $19,640,000 | -23.4% | 1.8% |
| DAS Acquisition Company, LLC | $7,175,000 | $19,465,000 | 171.3% | 1.8% |
| ORIX REAL ESTATE CAPITAL, LLC | $6,705,000 | $17,760,000 | 164.9% | 1.6% |
| JPMorgan Chase Bank | $34,810,000 | $17,020,000 | -51.1% | 1.6% |
| Flagstar Bank, FSB | $29,905,000 | $15,955,000 | -46.6% | 1.5% |
| Mortgage Research Center, LLC | $20,720,000 | $15,270,000 | -26.3% | 1.4% |
| FINANCIAL PLUS CREDIT UNION | $20,405,000 | $13,795,000 | -32.4% | 1.3% |
| The Dart Bank | $3,435,000 | $13,480,000 | 292.4% | 1.2% |
| BLG HOLDINGS, INC. | $5,750,000 | $13,175,000 | 129.1% | 1.2% |
| SUCCESS MORTGAGE PARTNERS, INC. | $11,965,000 | $12,545,000 | 4.8% | 1.1% |
| ROSS MORTGAGE CORPORATION | $11,355,000 | $12,405,000 | 9.2% | 1.1% |
| MID AMERICA MORTGAGE, INC. | $52,640,000 | $12,085,000 | -77.0% | 1.1% |
| CALIBER HOME LOANS, INC. | $24,605,000 | $11,220,000 | -54.4% | 1.0% |
| PENNYMAC LOAN SERVICES, LLC | $9,165,000 | $11,055,000 | 20.6% | 1.0% |
| Independent Bank | $13,060,000 | $10,950,000 | -16.2% | 1.0% |
| TOWNE MORTGAGE COMPANY | $11,220,000 | $10,520,000 | -6.2% | 1.0% |
| STAUNTON FINANCIAL, INC. | $12,955,000 | $10,385,000 | -19.8% | 1.0% |
| INSPIRE HOME LOANS INC. | $4,985,000 | $10,015,000 | 100.9% | 0.9% |
| CROSSCOUNTRY MORTGAGE, LLC | $13,055,000 | $10,010,000 | -23.3% | 0.9% |
| NEWREZ LLC | $7,460,000 | $9,515,000 | 27.5% | 0.9% |
| Frankenmuth Credit Union | $11,580,000 | $9,500,000 | -18.0% | 0.9% |
| PNC Bank | $10,615,000 | $9,165,000 | -13.7% | 0.8% |
| Fifth Third Bank | $18,790,000 | $8,965,000 | -52.3% | 0.8% |
| TRIAD FINANCIAL SERVICES, INC. | $10,055,000 | $7,775,000 | -22.7% | 0.7% |
| UNION HOME MORTGAGE CORP. | $9,540,000 | $7,670,000 | -19.6% | 0.7% |
| WALKER & DUNLOP, LLC | $6,745,000 | n/a | 0.6% | |
| MUTUAL OF OMAHA MORTGAGE, INC. | $2,200,000 | $6,650,000 | 202.3% | 0.6% |
| GUARANTEED RATE, INC. | $19,085,000 | $6,470,000 | -66.1% | 0.6% |
| Citizens Bank | $10,070,000 | $6,460,000 | -35.8% | 0.6% |
| GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION | $9,185,000 | $6,230,000 | -32.2% | 0.6% |
| LOANDEPOT.COM, LLC | $10,425,000 | $6,070,000 | -41.8% | 0.6% |
| MICHIGAN MUTUAL, INC. | $7,035,000 | $5,920,000 | -15.8% | 0.5% |
| First Merchants Bank | $12,600,000 | $5,685,000 | -54.9% | 0.5% |
| ACADEMY MORTGAGE CORPORATION | $6,735,000 | $5,625,000 | -16.5% | 0.5% |
| GreenStone Farm Credit Services, FLCA | $6,395,000 | $5,590,000 | -12.6% | 0.5% |
| 21ST MORTGAGE CORPORATION | $2,110,000 | $5,550,000 | 163.0% | 0.5% |
| PLAZA HOME MORTGAGE, INC. | $7,770,000 | $5,480,000 | -29.5% | 0.5% |
| Sunflower Bank | $15,785,000 | $5,080,000 | -67.8% | 0.5% |
| LEGEND LENDING CORPORATION | $18,450,000 | $4,965,000 | -73.1% | 0.5% |
| CREDIT UNION ONE | $7,165,000 | $4,795,000 | -33.1% | 0.4% |
| ChoiceOne Bank | $3,775,000 | $4,475,000 | 18.5% | 0.4% |
| SOVITA Credit Union | $5,775,000 | $4,355,000 | -24.6% | 0.4% |
| MICHIGAN STATE UNIVERSITY FEDERAL CREDIT UNION | $8,000,000 | $4,285,000 | -46.4% | 0.4% |
| Mr. Cooper ( Nationstar Mortgage ) | $14,125,000 | $4,245,000 | -69.9% | 0.4% |
| Carrington Mortgage Services, LLC | $4,345,000 | $4,175,000 | -3.9% | 0.4% |
| SECURITY CREDIT UNION | $6,695,000 | $4,175,000 | -37.6% | 0.4% |
| FREEDOM MORTGAGE CORPORATION | $13,320,000 | $4,065,000 | -69.5% | 0.4% |
| NAVY FEDERAL CREDIT UNION | $6,410,000 | $4,055,000 | -36.7% | 0.4% |
| ARK-LA-TEX FINANCIAL SERVICES, LLC. | $480,000 | $3,800,000 | 691.7% | 0.3% |
| Bank of America | $6,315,000 | $3,620,000 | -42.7% | 0.3% |
| MOVEMENT MORTGAGE, LLC | $2,125,000 | $3,235,000 | 52.2% | 0.3% |
| FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $4,350,000 | $2,935,000 | -32.5% | 0.3% |
| UNIVERSITY OF MICHIGAN CREDIT UNION | $2,775,000 | $2,925,000 | 5.4% | 0.3% |
| MICHIGAN SCHOOLS AND GOVERNMENT | $2,910,000 | $2,815,000 | -3.3% | 0.3% |
| Prosperity Home Mortgage, LLC | $1,845,000 | $2,600,000 | 40.9% | 0.2% |
| MORTGAGE CENTER L.C | $2,355,000 | $2,540,000 | 7.9% | 0.2% |
| ZILLOW HOME LOANS, LLC | $280,000 | $2,530,000 | 803.6% | 0.2% |
| EVERETT FINANCIAL, INC. | $3,045,000 | $2,520,000 | -17.2% | 0.2% |
| Wells Fargo Bank | $8,925,000 | $2,490,000 | -72.1% | 0.2% |
| Old National Bank | $1,380,000 | $2,470,000 | 79.0% | 0.2% |
| NEW DAY FINANCIAL, LLC | $4,080,000 | $2,400,000 | -41.2% | 0.2% |
| FIRST COMMUNITY MORTGAGE, INC. | $430,000 | $2,250,000 | 423.3% | 0.2% |
| VIBE CREDIT UNION | $1,115,000 | $2,220,000 | 99.1% | 0.2% |
| BROKER SOLUTIONS, INC. | $3,730,000 | $2,190,000 | -41.3% | 0.2% |
| TEAM ONE CREDIT UNION | $5,400,000 | $2,170,000 | -59.8% | 0.2% |
| LENDINGHOME FUNDING CORPORATION | $1,385,000 | $2,160,000 | 56.0% | 0.2% |
| HIGHLANDS RESIDENTIAL MORTGAGE, LTD. | $2,615,000 | $2,155,000 | -17.6% | 0.2% |
| AMERISAVE MORTGAGE CORPORATION | $6,375,000 | $2,150,000 | -66.3% | 0.2% |
| MEMBERFOCUS COMMUNITY | $2,105,000 | n/a | 0.2% | |
| Figure Lending LLC | $2,110,000 | $2,090,000 | -0.9% | 0.2% |
| Equity Prime Mortgage LLC | $1,075,000 | $1,980,000 | 84.2% | 0.2% |
| U.S. Bank | $4,885,000 | $1,955,000 | -60.0% | 0.2% |
| Platinum Home Mortgage Corporation | $3,620,000 | $1,795,000 | -50.4% | 0.2% |
| CARDINAL FINANCIAL | $5,765,000 | $1,665,000 | -71.1% | 0.2% |
| PREMIA MORTGAGE, LLC | $1,540,000 | $1,645,000 | 6.8% | 0.2% |
| Discover Bank | $1,045,000 | $1,605,000 | 53.6% | 0.1% |
| NBKC BANK | $105,000 | $1,570,000 | 1,395.2% | 0.1% |
| GREYSTONE SERVICING COMPANY LLC | $20,005,000 | $1,565,000 | -92.2% | 0.1% |
| University Bank | $215,000 | $1,530,000 | 611.6% | 0.1% |
| DFCU FINANCIAL | $1,175,000 | $1,495,000 | 27.2% | 0.1% |
| UNITED FINANCIAL Credit Union | $1,095,000 | $1,470,000 | 34.2% | 0.1% |
| UIF CORPORATION | $1,035,000 | $1,395,000 | 34.8% | 0.1% |
| Mercantile Bank of Michigan | $360,000 | $1,265,000 | 251.4% | 0.1% |
| NATIONWIDE MORTGAGE BANKERS, INC. | $835,000 | $1,265,000 | 51.5% | 0.1% |
| PFCU | $1,640,000 | $1,265,000 | -22.9% | 0.1% |
| Wildfire Credit Union | $1,410,000 | $1,185,000 | -16.0% | 0.1% |
| Comerica Bank | $1,615,000 | $1,165,000 | -27.9% | 0.1% |
| MICHIGAN FIRST CREDIT UNION | $1,790,000 | $1,135,000 | -36.6% | 0.1% |
| Coastal Community Bank | $1,055,000 | n/a | 0.1% | |
| AMERICAN FINANCIAL RESOURCES, INC. | $455,000 | $950,000 | 108.8% | 0.1% |
| RUOFF MORTGAGE COMPANY, INC. | $965,000 | $940,000 | -2.6% | 0.1% |
| AMERICAN FINANCIAL NETWORK, INC. | $930,000 | n/a | 0.1% | |
| Barrington Bank & Trust Company, N.A. | $900,000 | $915,000 | 1.7% | 0.1% |
| LAKEVIEW LOAN SERVICING, LLC | $6,055,000 | $915,000 | -84.9% | 0.1% |
| PENTAGON FEDERAL CREDIT UNION | $960,000 | $890,000 | -7.3% | 0.1% |
| VILLAGE CAPITAL MORTGAGE | $1,130,000 | $880,000 | -22.1% | 0.1% |
| Morgan Stanley Private Bank | $335,000 | $845,000 | 152.2% | 0.1% |
| Paramount Residential Mortgage Group, Inc. | $785,000 | $800,000 | 1.9% | 0.1% |
| BM Real Estate Services, Inc. | $2,095,000 | $795,000 | -62.1% | 0.1% |
| The Federal Savings Bank | $620,000 | $795,000 | 28.2% | 0.1% |
| The Loan Store, Inc. | $790,000 | n/a | 0.1% | |
| FIRST COLONY MORTGAGE CORPORATION | $775,000 | n/a | 0.1% | |
| Northpointe Bank | $1,110,000 | $745,000 | -32.9% | 0.1% |
| PROVIDENT FUNDING ASSOCIATES, L.P. | $270,000 | $735,000 | 172.2% | 0.1% |
| CMG MORTGAGE, INC. | $1,825,000 | $730,000 | -60.0% | 0.1% |
| First Savings Bank | $525,000 | $695,000 | 32.4% | 0.1% |
| 1st State Financial, Ltd. | $530,000 | $690,000 | 30.2% | 0.1% |
| COMMUNITY FINANCIAL CREDIT UNION | $2,595,000 | $690,000 | -73.4% | 0.1% |
| DELMAR FINANCIAL COMPANY | $665,000 | n/a | 0.1% | |
| TOP FLITE FINANCIAL, INC. | $105,000 | $665,000 | 533.3% | 0.1% |
| LOANPAL, LLC | $630,000 | $650,000 | 3.2% | 0.1% |
| PLANET HOME LENDING, LLC | $880,000 | $645,000 | -26.7% | 0.1% |
| MYCUMORTGAGE, LLC | $645,000 | $635,000 | -1.6% | 0.1% |
| Horizon Bank | $2,970,000 | $620,000 | -79.1% | 0.1% |
| First Federal Savings and Loan Association of Lakewood | $615,000 | n/a | 0.1% | |
| CORNERSTONE HOME LENDING, INC. | $950,000 | $610,000 | -35.8% | 0.1% |
| Public Service Credit Union | $605,000 | n/a | 0.1% | |
| Citadel Servicing Corporation | $590,000 | n/a | 0.1% | |
| THE ANDERSON FINANCIAL GROUP, INC. | $960,000 | $580,000 | -39.6% | 0.1% |
| DIAMOND RESIDENTIAL MORTGAGE CORPORATION | $95,000 | $570,000 | 500.0% | 0.1% |
| ROYAL UNITED MORTGAGE LLC | $1,620,000 | $570,000 | -64.8% | 0.1% |
| GUARANTEED RATE AFFINITY, LLC | $560,000 | n/a | 0.1% | |
| Commerce Home Mortgage, Inc. | $1,085,000 | $555,000 | -48.8% | 0.1% |
| MEMBER FIRST MORTGAGE, LLC | $1,385,000 | $545,000 | -60.6% | 0.0% |
| FINANCE OF AMERICA REVERSE LLC | $535,000 | n/a | 0.0% | |
| AmeriHome Mortgage Company, LLC | $1,235,000 | $530,000 | -57.1% | 0.0% |
| Dearborn Federal Savings Bank | $510,000 | n/a | 0.0% | |
| COREVEST AMERICAN FINANCE LENDER LLC | $505,000 | n/a | 0.0% | |
| GVC MORTGAGE, INC. | $505,000 | n/a | 0.0% | |
| BETTER MORTGAGE CORPORATION | $3,250,000 | $495,000 | -84.8% | 0.0% |
| GENEVA FINANCIAL, LLC | $390,000 | $490,000 | 25.6% | 0.0% |
| HOMEBRIDGE FINANCIAL SERVICES, INC. | $1,665,000 | $480,000 | -71.2% | 0.0% |
| LIMA ONE CAPITAL, LLC | $2,090,000 | $480,000 | -77.0% | 0.0% |
| SPRING EQ, LLC | $460,000 | $480,000 | 4.3% | 0.0% |
| USAA Federal Savings Bank | $2,270,000 | $480,000 | -78.9% | 0.0% |
| The First National Bank of Middle Tennessee | $415,000 | $475,000 | 14.5% | 0.0% |
| Thumb Bank and Trust | $470,000 | n/a | 0.0% | |
| Tri-County Bank | $2,225,000 | $465,000 | -79.1% | 0.0% |
| CONSUMERS | $15,000 | $445,000 | 2,866.7% | 0.0% |
| Bank of Ann Arbor | $980,000 | $440,000 | -55.1% | 0.0% |
| Plains Commerce Bank | $280,000 | $435,000 | 55.4% | 0.0% |
| AMERICAN PACIFIC MORTGAGE CORPORATION | $565,000 | $425,000 | -24.8% | 0.0% |
| Connexus Credit Union | $425,000 | n/a | 0.0% | |
| Quad City Bank and Trust Company | $425,000 | n/a | 0.0% | |
| Century Mortgage Company DBA Century Lending Company | $420,000 | n/a | 0.0% | |
| SeaTrust Mortgage Company | $405,000 | n/a | 0.0% | |
| Neighborhood Loans, Inc. | $235,000 | $385,000 | 63.8% | 0.0% |
| COMMUNITY CHOICE CREDIT UNION | $475,000 | $360,000 | -24.2% | 0.0% |
| NATIONS DIRECT MORTGAGE, LLC | $2,175,000 | $360,000 | -83.4% | 0.0% |
| Centier Bank | $210,000 | $355,000 | 69.0% | 0.0% |
| SOVEREIGN LENDING GROUP INCORPORATED | $280,000 | $355,000 | 26.8% | 0.0% |
| DOW CHEMICAL EMPLOYEES' | $1,510,000 | $340,000 | -77.5% | 0.0% |
| Summit Mortgage Corporation | $340,000 | n/a | 0.0% | |
| NexBank | $315,000 | $330,000 | 4.8% | 0.0% |
| F&M Bank | $325,000 | n/a | 0.0% | |
| KeyBank | $320,000 | $320,000 | 0.0% | 0.0% |
| Three Rivers Federal Credit Union | $300,000 | n/a | 0.0% | |
| M&T Bank | $1,090,000 | $290,000 | -73.4% | 0.0% |
| ENVOY MORTGAGE, LTD | $2,020,000 | $285,000 | -85.9% | 0.0% |
| INTERCAP LENDING INC. | $285,000 | n/a | 0.0% | |
| NP, Inc. | $435,000 | $285,000 | -34.5% | 0.0% |
| Capital Bank | $275,000 | n/a | 0.0% | |
| US MORTGAGE CORPORATION | $275,000 | n/a | 0.0% | |
| FIRST CENTENNIAL MORTGAGE CORPORATION | $305,000 | $265,000 | -13.1% | 0.0% |
| HomePromise Corporation | $265,000 | $255,000 | -3.8% | 0.0% |
| Logan Finance Corporation | $255,000 | n/a | 0.0% | |
| Magnolia Bank | $695,000 | $255,000 | -63.3% | 0.0% |
| American Mortgage & Equity Consultants, Inc. | $245,000 | n/a | 0.0% | |
| Farmers Bank & Trust | $245,000 | n/a | 0.0% | |
| HOMESTEAD FUNDING CORP. | $315,000 | $245,000 | -22.2% | 0.0% |
| LONGBRIDGE FINANCIAL, LLC | $85,000 | $245,000 | 188.2% | 0.0% |
| VAN DYK MORTGAGE CORPORATION | $525,000 | $245,000 | -53.3% | 0.0% |
| Ally Bank | $2,380,000 | $235,000 | -90.1% | 0.0% |
| East Coast Capital Corp. | $235,000 | n/a | 0.0% | |
| OCMBC, INC. | $235,000 | n/a | 0.0% | |
| AMERICAN PORTFOLIO MORTGAGE CORPORATION | $215,000 | n/a | 0.0% | |
| Bell Bank | $215,000 | n/a | 0.0% | |
| HOMEXPRESS MORTGAGE CORP. | $215,000 | n/a | 0.0% | |
| PRIMELENDING, A PLAINSCAPITAL COMPANY | $995,000 | $215,000 | -78.4% | 0.0% |
| UBS Bank USA | $215,000 | n/a | 0.0% | |
| AMERICAN HERITAGE LENDING, INC. | $210,000 | n/a | 0.0% | |
| JOLT CREDIT UNION | $180,000 | $210,000 | 16.7% | 0.0% |
| ON Q FINANCIAL, INC. | $205,000 | n/a | 0.0% | |
| TOWER | $205,000 | n/a | 0.0% | |
| BAY EQUITY LLC | $195,000 | n/a | 0.0% | |
| EQUITY RESOURCES, INC. | $195,000 | n/a | 0.0% | |
| OCEANSIDE MORTGAGE COMPANY | $195,000 | n/a | 0.0% | |
| Pacor Mortgage Corp | $195,000 | n/a | 0.0% | |
| PHH Mortgage Corporation | $1,090,000 | $195,000 | -82.1% | 0.0% |
| RELIANCE FIRST CAPITAL, LLC | $405,000 | $195,000 | -51.9% | 0.0% |
| SUN WEST MORTGAGE COMPANY, INC. | $440,000 | $195,000 | -55.7% | 0.0% |
| Credence Funding Corporation | $185,000 | n/a | 0.0% | |
| Florida Capital Bank | $245,000 | $185,000 | -24.5% | 0.0% |
| Lake Trust Credit Union | $285,000 | $185,000 | -35.1% | 0.0% |
| UNITED | $185,000 | n/a | 0.0% | |
| ADVANTAGE ONE Credit Union | $290,000 | $180,000 | -37.9% | 0.0% |
| AMERICAN FINANCING CORPORATION | $420,000 | $175,000 | -58.3% | 0.0% |
| First National Bank of Michigan | $175,000 | n/a | 0.0% | |
| CHURCHILL MORTGAGE CORPORATION | $1,465,000 | $170,000 | -88.4% | 0.0% |
| DOMINION FINANCIAL SERVICES, LLC | $75,000 | $165,000 | 120.0% | 0.0% |
| LIBERTY HOME MORTGAGE CORPORATION | $165,000 | $165,000 | 0.0% | 0.0% |
| NATIONS RELIABLE LENDING, LLC | $180,000 | $165,000 | -8.3% | 0.0% |
| TEMPLE VIEW CAPITAL FUNDING, LP | $345,000 | $165,000 | -52.2% | 0.0% |
| TLC COMMUNITY Credit Union | $245,000 | $165,000 | -32.7% | 0.0% |
| LENDSURE MORTGAGE CORP. | $155,000 | n/a | 0.0% | |
| St James Mortgage Corporation | $290,000 | $155,000 | -46.6% | 0.0% |
| BIRMINGHAM-BLOOMFIELD Credit Union | $790,000 | $150,000 | -81.0% | 0.0% |
| GUARANTY HOME MORTGAGE CORPORATION | $260,000 | $145,000 | -44.2% | 0.0% |
| Homestead Savings Bank | $145,000 | n/a | 0.0% | |
| MY MORTGAGE, INC. | $660,000 | $145,000 | -78.0% | 0.0% |
| CoVantage Credit Union | $125,000 | n/a | 0.0% | |
| Glacier Bank | $125,000 | n/a | 0.0% | |
| HOMESITE MORTGAGE, LLC | $185,000 | $125,000 | -32.4% | 0.0% |
| SILVER HILL FUNDING, LLC | $125,000 | n/a | 0.0% | |
| Union Savings Bank | $125,000 | n/a | 0.0% | |
| GREENSTATE CREDIT UNION | $335,000 | $115,000 | -65.7% | 0.0% |
| GSF Mortgage Corporation | $235,000 | $115,000 | -51.1% | 0.0% |
| MORTGAGE SOLUTIONS OF COLORADO, LLC | $115,000 | n/a | 0.0% | |
| ALLIANT CREDIT UNION | $25,000 | $110,000 | 340.0% | 0.0% |
| Arvest Bank | $545,000 | $105,000 | -80.7% | 0.0% |
| GUIDANCE RESIDENTIAL, LLC | $345,000 | $105,000 | -69.6% | 0.0% |
| HOMESIDE FINANCIAL, LLC | $1,525,000 | $105,000 | -93.1% | 0.0% |
| LAFCU | $270,000 | $105,000 | -61.1% | 0.0% |
| Lakeview Community Capital, LLC | $180,000 | $95,000 | -47.2% | 0.0% |
| NFM, INC. | $95,000 | n/a | 0.0% | |
| CONSTRUCTIVE LOANS, LLC | $85,000 | n/a | 0.0% | |
| CNB Bank | $75,000 | n/a | 0.0% | |
| Great Lakes Federal Credit Union | $75,000 | n/a | 0.0% | |
| VELOCITY COMMERCIAL CAPITAL, LLC | $125,000 | $75,000 | -40.0% | 0.0% |
| Bethpage Federal Credit Union | $45,000 | $65,000 | 44.4% | 0.0% |
| GTE Federal Credit Union | $55,000 | n/a | 0.0% | |
| STOCKTON MORTGAGE CORPORATION | $445,000 | $55,000 | -87.6% | 0.0% |
| Isabella Bank | $50,000 | n/a | 0.0% | |
| MidFirst Bank | $50,000 | n/a | 0.0% | |
| Baxter Credit Union | $45,000 | n/a | 0.0% | |
| HEALTH ADVANTAGE FEDERAL CREDIT UNION | $230,000 | $45,000 | -80.4% | 0.0% |
| Zeal Credit Union | $45,000 | n/a | 0.0% | |
| Citibank | $330,000 | $35,000 | -89.4% | 0.0% |
| VANDERBILT MORTGAGE AND FINANCE, INC. | $355,000 | $35,000 | -90.1% | 0.0% |
| Christian Financial Credit Union | $25,000 | n/a | 0.0% | |
| ADVIA | $15,000 | n/a | 0.0% | |
| CASE | $1,655,000 | $15,000 | -99.1% | 0.0% |
| Family First Credit Union | $15,000 | n/a | 0.0% | |
| Meijer Credit Union | $15,000 | n/a | 0.0% | |
| Michigan Educational Credit Union | $655,000 | $15,000 | -97.7% | 0.0% |
FLINT's top lender by overall market share is QUICKEN LOANS, LLC, with 9.3% market share. In second place, with 8.3%, is UNITED WHOLESALE MORTGAGE, LLC, having originated $90,990,000 in loans. In third place, with 4.7%, is Preston Home Loans Inc, having originated $51,270,000 in loans. In fourth place, with 4.6%, is J. VIRGIL, INC., having originated $49,850,000 in loans. In fifth place, with 4.2%, is The Huntington National Bank, having originated $46,170,000 in loans.
FLINT, MI Average Rent (2023)
Zoom/scroll map to see average rent by zip code. Subscribers can configure state/metro/county granularity, assorted fields and quantity of results.
| Zip Code | Metro | Studio Apartment Rent | 1BR Apartment Rent | 2BR Apartment Rent | 3BR Apartment Rent | 4BR Apartment Rent |
|---|---|---|---|---|---|---|
| 48411 | Flint, MI MSA | $810 | $940 | $1,180 | $1,470 | $1,590 |
| 48415 | Flint, MI MSA | $670 | $760 | $1,000 | $1,270 | $1,340 |
| 48417 | Flint, MI MSA | $740 | $840 | $1,100 | $1,400 | $1,480 |
| 48418 | Flint, MI MSA | $750 | $850 | $1,060 | $1,410 | $1,510 |
| 48420 | Flint, MI MSA | $570 | $660 | $830 | $1,030 | $1,120 |
| 48421 | Flint, MI MSA | $850 | $960 | $1,220 | $1,520 | $1,640 |
| 48423 | Flint, MI MSA | $690 | $790 | $1,000 | $1,250 | $1,350 |
| 48429 | Flint, MI MSA | $630 | $640 | $840 | $1,140 | $1,190 |
| 48430 | Flint, MI MSA | $890 | $1,060 | $1,300 | $1,680 | $1,830 |
| 48433 | Flint, MI MSA | $680 | $780 | $980 | $1,220 | $1,330 |
| 48436 | Flint, MI MSA | $740 | $850 | $1,070 | $1,340 | $1,450 |
| 48437 | Flint, MI MSA | $570 | $660 | $830 | $1,030 | $1,120 |
| 48438 | Flint, MI MSA | $990 | $1,140 | $1,440 | $1,790 | $1,940 |
| 48439 | Flint, MI MSA | $720 | $830 | $1,040 | $1,300 | $1,410 |
| 48442 | Flint, MI MSA | $830 | $930 | $1,190 | $1,480 | $1,590 |
| 48449 | Flint, MI MSA | $650 | $690 | $890 | $1,180 | $1,240 |
| 48451 | Flint, MI MSA | $720 | $850 | $1,040 | $1,360 | $1,500 |
| 48457 | Flint, MI MSA | $630 | $720 | $920 | $1,150 | $1,240 |
| 48458 | Flint, MI MSA | $630 | $730 | $920 | $1,150 | $1,240 |
| 48460 | Flint, MI MSA | $610 | $640 | $850 | $1,120 | $1,180 |
| 48462 | Flint, MI MSA | $830 | $930 | $1,190 | $1,480 | $1,600 |
| 48463 | Flint, MI MSA | $660 | $770 | $980 | $1,240 | $1,330 |
| 48464 | Flint, MI MSA | $700 | $790 | $1,000 | $1,250 | $1,350 |
| 48473 | Flint, MI MSA | $760 | $880 | $1,110 | $1,390 | $1,500 |
| 48480 | Flint, MI MSA | $650 | $750 | $940 | $1,170 | $1,270 |
| 48501 | Flint, MI MSA | $650 | $750 | $940 | $1,170 | $1,270 |
| 48502 | Flint, MI MSA | $650 | $750 | $950 | $1,190 | $1,280 |
| 48503 | Flint, MI MSA | $630 | $720 | $910 | $1,140 | $1,230 |
| 48504 | Flint, MI MSA | $650 | $750 | $950 | $1,190 | $1,280 |
| 48505 | Flint, MI MSA | $590 | $670 | $850 | $1,060 | $1,150 |
| 48506 | Flint, MI MSA | $630 | $720 | $910 | $1,140 | $1,230 |
| 48507 | Flint, MI MSA | $620 | $710 | $900 | $1,120 | $1,220 |
| 48509 | Flint, MI MSA | $760 | $880 | $1,110 | $1,390 | $1,500 |
| 48519 | Flint, MI MSA | $720 | $830 | $1,050 | $1,310 | $1,420 |
| 48529 | Flint, MI MSA | $600 | $690 | $870 | $1,090 | $1,180 |
| 48531 | Flint, MI MSA | $650 | $750 | $940 | $1,170 | $1,270 |
| 48532 | Flint, MI MSA | $640 | $740 | $930 | $1,160 | $1,260 |
| 48550 | Flint, MI MSA | $650 | $750 | $940 | $1,170 | $1,270 |
| 48551 | Flint, MI MSA | $650 | $750 | $940 | $1,170 | $1,270 |
| 48553 | Flint, MI MSA | $650 | $750 | $940 | $1,170 | $1,270 |
| 48554 | Flint, MI MSA | $650 | $750 | $940 | $1,170 | $1,270 |
| 48746 | Flint, MI MSA | $630 | $720 | $910 | $1,140 | $1,230 |
2022 Average & Median Rent Data Statistics
FLINT, MI average 1BR rent: $789, median: $750
FLINT, MI average 2BR rent: $998, median: $945
FLINT, MI average 3BR rent: $1,256, median: $1,185
FLINT, MI Market Loan Reason
| Loan Purpose | Originations | Total Value | Average Loan |
|---|---|---|---|
| Home Purchase | 4,157 | $773,465,000 | $186,063 |
| Other | 963 | $62,045,000 | $64,429 |
| Cash Out Refi | 930 | $122,930,000 | $132,183 |
| Home Improvement | 773 | $53,325,000 | $68,984 |
| Refi | 426 | $78,980,000 | $185,399 |
| NA | 1 | $185,000 | $185,000 |
Flint's most frequently cited loan purpose was Home Purchase, with 4,157 originations. The 2nd most popular reason was Other, with 963 originations.
Interest Rate Frequencies
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 6-7% | 2,671 | $469,165,000 | $175,651 |
| 7-8% | 1,927 | $290,435,000 | $150,719 |
| Over 8% | 1,568 | $122,610,000 | $78,195 |
| 5-6% | 844 | $159,400,000 | $188,863 |
| 4-5% | 89 | $21,825,000 | $245,225 |
| <2.5% | 32 | $18,140,000 | $566,875 |
| 2.5-3% | 17 | $1,555,000 | $91,471 |
| 3-4% | 14 | $900,000 | $64,286 |
During 2023, Flint's most frequently originated rate bucket was 6-7%, with 2,671 originations.
Loan Sizing (FLINT, MI MSA)
| Loan Size | Originations | Total Value | Average Loan |
|---|---|---|---|
| $100,000 or less | 3,052 | $159,840,000 | $52,372 |
| $100k-200k | 2,358 | $349,050,000 | $148,028 |
| $200k-400k | 1,634 | $431,140,000 | $263,856 |
| $400k-600k | 153 | $71,505,000 | $467,353 |
| $600k-1000k | 34 | $23,810,000 | $700,294 |
| $Over $1MM | 19 | $55,585,000 | $2,925,526 |
FLINT's loan sizing saw the bucket of loans from $100,000 or less with 3,052 originations, totaling $159,840,000 in origination value.
LTV Distribution
| Loan to Value | Originations | Total Value | Average Loan |
|---|---|---|---|
| 80-100% | 3,146 | $614,470,000 | $195,318 |
| 60-80% | 1,229 | $227,165,000 | $184,837 |
| Under 20% | 1,057 | $40,095,000 | $37,933 |
| 20-40% | 972 | $75,240,000 | $77,407 |
| 40-60% | 544 | $86,770,000 | $159,504 |
| Over 100% | 50 | $30,200,000 | $604,000 |
FLINT's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 3,146 originations, totaling $614,470,000 in origination value.