GRAND RAPIDS - KENTWOOD Mortgage Rates

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

30 Year Fixed Rate mortgages in Grand Rapids - Kentwood averaged 5.66% for the week of 2022-05-19, compared to the national average of 5.25% for the same period.

The average rate for the prior week (2022-05-12) was 5.71% and one month ago for the week of 2022-04-14, the average rate was 5.21%.

Grand Rapids - Kentwood's average rate one year ago was 3.28%.

For refis of the same type during the week of 2022-05-19, the average rate was 5.42%.

Loan Type Date Rate
US 30 Year Fixed Rate 2022-05-19 5.25%
Grand Rapids - Kentwood 30 Year Fixed Rate 2022-05-19 5.66%
Grand Rapids - Kentwood 30 Year Fixed Rate Refi 2022-05-19 5.42%
Grand Rapids - Kentwood 15 Year Fixed Rate 2022-05-19 4.96%
Grand Rapids - Kentwood 15 Year Fixed Rate Refi 2022-05-19 4.43%
Grand Rapids - Kentwood 30 Year FHA 2022-05-19 5.34%
Grand Rapids - Kentwood 30 Year FHA Refi 2022-05-19 5.58%
Grand Rapids - Kentwood 30 Year USDA 2022-05-19 5.43%
Grand Rapids - Kentwood 30 Year USDA Refi 2022-05-19 5.29%
Grand Rapids - Kentwood 30 Year VA 2022-05-19 5.26%
Grand Rapids - Kentwood 30 Year VA Refi 2022-05-19 5.13%
Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within GRAND RAPIDS-KENTWOOD, MI.

GRAND RAPIDS - KENTWOOD Top Lenders by Rates & Fees

The below table looks at the consensus average rates and fees provided by each lendor, for only loans originated in the GRAND RAPIDS-KENTWOOD, 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 2021 Avg. 30yFix Rate 2021 Avg. Total Fees
LAKE MICHIGAN CREDIT UNION 4,838 3.08% $2,900
QUICKEN LOANS, LLC 1,723 3.10% $4,575
Neighborhood Loans, Inc. 1,549 3.26% $3,140
Fifth Third Bank 1,299 3.15% $3,092
UNITED WHOLESALE MORTGAGE, LLC 1,235 3.06% $3,682
The Huntington National Bank 1,019 3.13% $3,031
Independent Bank 880 3.16% $2,917
Mercantile Bank of Michigan 838 3.17% $2,706
CONSUMERS 708 3.41% $2,573
JPMorgan Chase Bank 691 3.12% $2,152
Northpointe Bank 672 3.22% $3,491
MORTGAGE 1 INCORPORATED 602 3.38% $3,652
NORTHERN MORTGAGE SERVICES, LLC 507 3.19% $3,253
Old National Bank 485 3.05% $2,677
FINANCE OF AMERICA MORTGAGE LLC 459 3.22% $3,683
CHURCHILL MORTGAGE CORPORATION 352 3.34% $3,502
ARK-LA-TEX FINANCIAL SERVICES, LLC. 349 3.32% $3,823
INLANTA MORTGAGE, INC. 348 3.18% $2,845
UNION HOME MORTGAGE CORP. 290 3.23% $3,347
United Bank of Michigan 276 3.25% $2,016
Macatawa Bank 275 3.13% $2,563
CALIBER HOME LOANS, INC. 254 3.21% $3,116
VAN DYK MORTGAGE CORPORATION 243 3.21% $3,124
Mr. Cooper ( Nationstar Mortgage ) 238 3.32% $4,780
Flagstar Bank, FSB 236 3.24% $2,817
PRIMELENDING, A PLAINSCAPITAL COMPANY 224 3.28% $3,523
ChoiceOne Bank 221 3.30% $2,289
LOANDEPOT.COM, LLC 202 3.06% $4,030
MMS MORTGAGE SERVICES, LTD. 189 3.31% $2,817
Wells Fargo Bank 189 3.15% $2,943
AMERISAVE MORTGAGE CORPORATION 182 2.93% $4,243
Hometown Lenders, Inc. 181 3.39% $3,731
GUARANTEED RATE, INC. 175 3.07% $2,934
Grand River Bank 171 3.06% $2,639
TCF National Bank 167 3.06% $2,932
RUOFF MORTGAGE COMPANY, INC. 148 3.17% $2,543
BETTER MORTGAGE CORPORATION 142 2.94% $2,765
SUCCESS MORTGAGE PARTNERS, INC. 140 3.34% $5,003
CROSSCOUNTRY MORTGAGE, LLC 137 3.13% $3,242
NEWREZ LLC 122 3.27% $3,773
Bank of America 117 2.79% $2,629
PNC Bank 113 3.04% $3,418
AMERIFIRST FINANCIAL CORPORATION 113 3.40% $3,360
HOME POINT FINANCIAL CORPORATION 113 3.13% $3,661
Adventure Credit Union 107 3.43% $2,222
MORTGAGE CENTER L.C 103 3.16% $2,811
STOCKTON MORTGAGE CORPORATION 103 3.16% $3,299
AAC Credit Union 95 3.34% $2,104
UNITED 95 3.18% $3,071
MICHIGAN FIRST CREDIT UNION 91 3.52% $2,879
PFCU 88 3.52% $2,805
MICHIGAN MUTUAL, INC. 85 3.32% $3,528
MICHIGAN STATE UNIVERSITY FEDERAL CREDIT UNION 80 3.28% $3,208
Community West Credit Union 75 3.00% $2,473
MUTUAL OF OMAHA MORTGAGE, INC. 75 3.11% $3,807
ENVOY MORTGAGE, LTD 72 3.32% $3,243
BROKER SOLUTIONS, INC. 72 3.05% $3,869
The Dart Bank 64 3.32% $2,651
POLARIS HOME FUNDING CORP. 64 2.99% $2,918
MICHIGAN ONE COMMUNITY Credit Union 59 3.69% $3,095
TOP FLITE FINANCIAL, INC. 58 3.42% $5,423
KELLER MORTGAGE, LLC 56 3.10% $2,012
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP 55 3.13% $3,393
AMERICAN FINANCING CORPORATION 53 3.13% $3,919
DFCU FINANCIAL 50 3.22% $4,666
T2 FINANCIAL LLC 49 3.36% $4,010
Level One Bank 49 3.19% $3,124
FREEDOM MORTGAGE CORPORATION 48 3.26% $2,479
TOWNE MORTGAGE COMPANY 47 3.43% $2,970
Isabella Bank 47 2.84% $2,614
PENNYMAC LOAN SERVICES, LLC 46 3.37% $5,076
J. VIRGIL, INC. 44 3.19% $3,390
GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION 44 3.29% $3,616
Chicago Mortgage Solutions LLC 40 2.84% $1,494
ARBOR FINANCIAL CREDIT UNION 38 3.12% $3,260
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 37 3.04% $3,545
U.S. Bank 37 3.21% $2,200
PREFERRED CREDIT UNION 36 3.03% $2,426
GreenStone Farm Credit Services, FLCA 35 3.77% $4,911
MEMBERS FIRST Credit Union 34 3.06% $1,509
AmeriHome Mortgage Company, LLC 32 3.34% $3,921
InterContinental Capital Group, Inc 31 3.15% $4,003
First Guaranty Mortgage Corporation 30 3.27% $2,690
Ally Bank 29 2.97% $3,710
Comerica Bank 25 3.08% $2,235
ROYAL UNITED MORTGAGE LLC 25 3.08% $6,953
CREDIT UNION ONE 23 3.38% $3,100
MEMBER FIRST MORTGAGE, LLC 23 3.35% $2,929
Horizon Bank 22 3.28% $3,056
COMPASS MORTGAGE, INC. 22 2.96% $3,327
NAVY FEDERAL CREDIT UNION 21 3.54% $3,663
West Michigan Credit Union 21 2.83% $3,013
Carrington Mortgage Services, LLC 21 3.89% $4,905
Citizens Bank 20 3.05% $3,019
HOMESTEAD FUNDING CORP. 19 2.76% $3,795
KENT COUNTY CREDIT UNION 18 3.22% $2,220
Wyndham Capital Mortgage, Inc. 17 3.04% $1,924
UNIVERSITY LENDING GROUP, LLC 17 3.17% $3,236
ZILLOW HOME LOANS, LLC 17 2.96% $3,386
North American Savings Bank, F.S.B. 16 2.74% $2,420
HOMESIDE FINANCIAL, LLC 16 3.21% $4,021
UNITED MORTGAGE CORP. 16 3.45% $5,038
The Federal Savings Bank 16 3.15% $4,596
LAKEVIEW LOAN SERVICING, LLC 15 3.33% $3,859
First Savings Bank 15 3.26% $3,177
Paramount Residential Mortgage Group, Inc. 14 3.29% $3,374
BLG HOLDINGS, INC. 14 3.35% $3,685
DRAPER AND KRAMER MORTGAGE CORP. 13 3.03% $2,868
ACADEMY MORTGAGE CORPORATION 13 3.40% $4,277
AMERICAN FINANCIAL NETWORK, INC. 12 3.19% $8,768
GVC MORTGAGE, INC. 12 3.30% $3,596
TEAM ONE CREDIT UNION 12 3.10% $1,277
FirstBank 12 2.79% $1,715
SUN WEST MORTGAGE COMPANY, INC. 12 2.74% $2,245
SOFI LENDING CORP. 12 3.01% $3,033
Honor Credit Union 12 3.24% $2,570
PROVIDENT FUNDING ASSOCIATES, L.P. 11 2.83% $3,427
NBKC BANK 11 3.02% $1,887
Stifel Bank and Trust 11 2.83% $2,184
OAK MORTGAGE, LLC 11 2.88% $4,519
Morgan Stanley Private Bank 11 2.86% $4,072
Discover Bank 10 4.39% $0
CHERRY CREEK MORTGAGE, LLC 10 3.39% $517
PENTAGON FEDERAL CREDIT UNION 10 2.90% $2,412
RESIDENTIAL BANCORP. 10 2.88% $4,567
THE ANDERSON FINANCIAL GROUP, INC. 9 3.11% $3,025
HOMEBRIDGE FINANCIAL SERVICES, INC. 9 3.04% $2,540
CIBC Bank USA 9 2.76% $4,653
DOW CHEMICAL EMPLOYEES' 9 3.56% $1,943
PLAZA HOME MORTGAGE, INC. 9 3.35% $3,464
AMERICAN INTERNET MORTGAGE, INC. 9 2.74% $3,044
HIGHLANDS RESIDENTIAL MORTGAGE, LTD. 8 3.09% $3,512
STEARNS LENDING, LLC 8 3.14% $4,574
Ixonia Bank 8 3.45% $3,384
EVERETT FINANCIAL, INC. 8 4.23% $1,997
PLUS RELOCATION MORTGAGE, LLC 7 3.09% $4,130
Associated Bank 7 2.98% $3,806
PHH Mortgage Corporation 7 3.34% $5,982
FIRST HERITAGE FINANCIAL, LLC 7 3.28% $3,937
Kellogg Community Credit Union 7 3.54% $2,474
Strong Home Mortgage, LLC 7 2.98% $926
The State Bank 7 3.05% $2,722
Nations Lending Corporation 7 3.05% $6,347
STAUNTON FINANCIAL, INC. 7 3.02% $3,133
Charles Schwab Bank, SSB 7 2.32% $4,399
BLUELEAF LENDING, LLC 7 2.86% $3,427
Arvest Bank 6 3.06% $4,012
TIAA, FSB 6 2.92% $3,437
FIRST CENTENNIAL MORTGAGE CORPORATION 6 2.88% $2,899
Sunflower Bank 6 3.06% $4,196
First Midwest Bank 6 3.06% $3,118
AMERICAN FINANCIAL RESOURCES, INC. 6 3.81% $5,400
S1L, Inc. 6 3.31% $3,706
GENISYS 6 3.06% $2,716
American Mortgage & Equity Consultants, Inc. 6 3.02% $3,842
CANOPY MORTGAGE, LLC 6 3.19% $3,855
ROSS MORTGAGE CORPORATION 6 3.29% $3,403
MID AMERICA MORTGAGE, INC. 6 3.27% $3,296
ADVISORS CAPITAL, INC. 6 3.21% $2,462
MICHIGAN SCHOOLS AND GOVERNMENT 6 3.08% $1,953
Amerifirst Financial, Inc. 5 3.30% $2,958
Raymond James Bank 5 2.75% $3,343
COMMUNITY MORTGAGE FUNDING, LLC 5 3.05% $3,155
Truist Bank 5 3.09% $3,065
Mortgage Research Center, LLC 5 2.92% $2,592
PREMIA MORTGAGE, LLC 5 2.90% $116
Barrington Bank & Trust Company, N.A. 5 3.23% $6,438
Pacor Mortgage Corp 5 2.93% $2,685
Platinum Home Mortgage Corporation 5 3.12% $3,028
PARKSIDE LENDING, LLC 5 3.25% $2,659
NATIONWIDE MORTGAGE BANKERS, INC. 5 3.15% $2,409
TEACHERS CREDIT UNION 5 3.33% $2,877
Goldman Sachs Bank USA 4 2.59% $2,911
Manufacturers and Traders Trust Company 4 3.31% $2,985
First Home Bank 4 3.06% $5,904
Prosperity Home Mortgage, LLC 4 3.13% $3,958
UBS Bank USA 4 2.72% $3,783
BMO Harris Bank 4 3.16% $4,297
CONTOUR MORTGAGE CORPORATION 4 3.53% $3,238
Notre Dame Federal Credit Union Corporation 4 2.97% $3,374
1st State Financial, Ltd. 4 3.00% $2,233
CMG MORTGAGE, INC. 4 3.44% $4,377
PLANET HOME LENDING, LLC 4 3.34% $2,866
SPRING EQ, LLC 4 3.50% $747
Frankenmuth Credit Union 4 3.25% $2,073
THE EQUITABLE MORTGAGE CORPORATION 4 3.19% $2,562
FIRST STATE MORTGAGE SERVICES, LLC 4 3.00% $2,666
LOANPAL, LLC 4 3.37% $6,867
Waterstone Mortgage Corporation 4 3.28% $2,715
PRIMARY RESIDENTIAL MORTGAGE, INC. 4 3.25% $3,806
BNC National Bank 3 3.25% $2,717
UIF CORPORATION 3 3.38% $2,733
GUARANTEED RATE AFFINITY, LLC 3 3.29% $4,623
LEADERONE FINANCIAL CORPORATION 3 2.92% $4,398
CELEBRITY HOME LOANS, LLC 3 3.67% $4,795
WINGS FINANCIAL 3 2.79% $2,652
RELIANCE FIRST CAPITAL, LLC 3 3.33% $4,474
Willamette Valley Bank 3 3.13% $7,079
Cf Bank 3 2.75% $2,049
SOVEREIGN LENDING GROUP INCORPORATED 3 2.92% $5,959
PROPER RATE, LLC 3 3.00% $2,894
UNITED FINANCIAL Credit Union 3 3.54% $3,077
Baxter Credit Union 3 2.83% $2,468
Prime Choice Funding Inc. 3 3.08% $5,030
Axos Bank 3 3.08% $3,055
First National Bank of America 3 8.13% $7,098
AMERICAN PORTFOLIO MORTGAGE CORPORATION 3 3.00% $2,979
CIBM Bank 3 3.21% $2,748
DAS Acquisition Company, LLC 3 3.42% $7,905
Citibank 3 3.29% $3,125
LAFCU 3 3.46% $2,699
Renasant Bank 3 2.79% $2,603
Colten Mortgage, LLC 3 3.17% $3,957
COMMUNITY FINANCIAL CREDIT UNION 3 2.88% $2,473
Plains Commerce Bank 3 3.21% $3,222
EMM LOANS LLC 3 3.08% $5,139
Luxury Mortgage Corp. 3 3.92% $6,867
MEMBER ADVANTAGE MORTGAGE, LLC 3 3.58% $2,994
Edgewater Bank 3 2.75% $2,007
MOVEMENT MORTGAGE, LLC 3 3.02% $2,938
DIAMOND RESIDENTIAL MORTGAGE CORPORATION 3 3.08% $3,102
MORTGAGE ACCESS CORP. 3 3.04% $5,807
CREDIT UNION MORTGAGE ASSOCIATION, INC. 3 3.17% $4,078
Bell Bank 2 2.87% $3,107
ALLIANT CREDIT UNION 2 3.25% $5,225
Amalgamated Bank 2 3.13% $2,897
American State Bank 2 2.63% $4,547
ANGEL OAK MORTGAGE SOLUTIONS LLC 2 6.00% $9,904
Bank of Ann Arbor 2 2.81% $2,909
BAYSHORE MORTGAGE FUNDING, LLC 2 3.19% $6,834
BlueOx Credit Union 2 3.13% $2,574
Centier Bank 2 3.13% $2,777
CITIZENS EQUITY FIRST 2 3.19% $1,897
DELMAR FINANCIAL COMPANY 2 2.88% $3,342
DIRECT MORTGAGE, CORP. 2 3.19% $4,544
ELGA CREDIT UNION 2 3.31% $2,987
EMBRACE HOME LOANS, INC. 2 3.56% $2,431
Evolve Bank & Trust 2 3.44% $3,392
FBC MORTGAGE, LLC 2 3.75% $5,767
First State Bank 2 3.06% $2,786
Gold Coast Bank 2 2.69% $3,062
Goldwater Bank, N.A. 2 3.06% $3,772
GREAT LAKES 2 2.94% $3,924
IncredibleBank 2 2.69% $2,529
Key Mortgage Services, Inc. 2 3.00% $3,242
LENDSURE MORTGAGE CORP. 2 6.06% $6,142
LENOX FINANCIAL MORTGAGE CORPORATION 2 3.00% $2,795
mBank 2 3.50% $2,468
NETWORK CAPITAL FUNDING CORPORATION 2 3.13% $3,521
Old Second National Bank 2 3.25% $2,789
Quontic Bank 2 5.81% $9,574
SECURITY CREDIT UNION 2 3.50% $2,506
SECURITYNATIONAL MORTGAGE COMPANY 2 3.44% $3,326
SUMMIT HOME MORTGAGE, LLC 2 3.50% $4,757
The Union Bank Company 2 3.25% $2,829
THRIVENT Federal Credit Union 2 3.19% $2,545
USAA Federal Savings Bank 2 2.88% $3,229
Watermark Capital, Inc. 2 2.81% $2,648
Midwest Community Bank 1 3.50% $2,583
Midland States Bank 1 3.50% $1,900
Merchants Bank of Indiana 1 2.88% $4,713
Merchants Bank 1 3.15% $2,537
Marquette Bank 1 3.00% $3,404
Low VA Rates, LLC 1 2.88% $1,832
LIBERTY HOME MORTGAGE CORPORATION 1 3.25% $4,231
LENDERFI, INC. 1 2.88% $1,238
Leader Bank 1 2.38% $3,424
LAND HOME FINANCIAL SERVICES, INC. 1 2.88% $2,250
Kwik Mortgage Corporation 1 3.13% $1,126
KS StateBank 1 2.75% $3,601
KINECTA 1 3.38% $6,565
KEYPOINT 1 3.38% $3,313
KeyBank 1 3.00% $6,052
Preston Home Loans Inc 1 2.88% $4,105
KALSEE CREDIT UNION 1 3.50% $3,469
JOLT CREDIT UNION 1 3.00% $2,493
INLAND BANK & TRUST 1 3.13% $5,405
ProFed Federal Credit Union 1 2.88% $2,570
Independent Bank 1 3.50% $3,413
Independent Bank 1 3.12% $2,872
HSBC BANK USA, NATIONAL ASSOCIATION 1 3.25% $3,000
HOWARD HANNA FINANCIAL SERVICES, INC. 1 3.50% $3,337
American Airlines Federal Credit Union 1 3.25% $0
HONDA Federal Credit Union 1 3.50% $2,849
RBC Bank, (Georgia) 1 2.75% $1,635
REDWOOD RESIDENTIAL ACQUISITION CORPORATION 1 2.88% $7,024
Hometown Equity Mortgage, LLC 1 4.13% $2,238
Home Mortgage Alliance Corp 1 3.38% $4,580
Home Bank SB 1 3.13% $2,776
GUILD MORTGAGE COMPANY 1 3.50% $4,310
GUIDANCE RESIDENTIAL, LLC 1 3.50% $3,415
GUARANTY HOME MORTGAGE CORPORATION 1 2.88% $6,054
Gateway First Bank 1 3.25% $425
WESTERN EXPRESS LENDING 1 4.13% $5,166
ALLIED MORTGAGE GROUP, INC. 1 3.25% $1,799
Sierra Pacific Mortgage Company, Inc. 1 2.38% $11,511
Signature Federal Credit Union 1 3.00% $3,133
Simmons Bank 1 2.88% $3,911
SIRVA MORTGAGE, INC. 1 3.00% $2,476
F&M Bank 1 3.00% $2,281
Southern Michigan Bank & Trust 1 2.75% $1,808
South State Bank 1 3.13% $3,598
FLAT BRANCH MORTGAGE, INC. 1 3.25% $5,336
First Western Trust Bank 1 3.13% $4,402
First United Bank and Trust Company 1 2.88% $2,702
First State Bank of St. Charles, Missouri 1 3.13% $2,142
First National Bank of Omaha 1 2.88% $2,588
First Internet Bank of Indiana 1 2.75% $2,074
First Horizon Bank 1 3.38% $3,065
First Financial Bank 1 2.75% $3,095
Allied First Bank,sb 1 3.00% $3,168
First Federal Bank of Kansas City 1 2.88% $2,785
First Federal Bank 1 3.00% $5,951
Superior Credit Union, Inc. 1 3.25% $2,661
FIRST COMMUNITY MORTGAGE, INC. 1 2.75% $2,009
First American Bank 1 3.13% $2,447
FINANCIAL PLUS CREDIT UNION 1 2.88% $7,573
FCN Bank 1 3.25% $2,869
Texana Bank 1 3.38% $9,303
EVANSVILLE TEACHERS 1 3.00% $3,790
The Cortland Savings and Banking Company 1 2.88% $2,361
EQUITY RESOURCES, INC. 1 3.13% $2,568
Equity Prime Mortgage LLC 1 3.63% $0
Dort Financial Credit Union 1 2.88% $4,145
Deere Employees Credit Union 1 1.88% $4,537
CRESCENT MORTGAGE COMPANY 1 2.88% $4,367
ALLIANCE CATHOLIC CREDIT UNION 1 3.50% $3,542
THRIVE MORTGAGE, LLC 1 2.75% $2,974
WRIGHT-PATT CREDIT UNION, INC. 1 3.88% $2,937
Cornerstone National Bank & Trust Company 1 2.50% $2,749
TIB The Independent Bankersbank 1 3.13% $2,235
Colonial Savings, F.A. 1 3.38% $4,046
Citizens National Bank of Greater St. Louis 1 2.63% $2,646
Chicago Financial Services, Inc. 1 2.63% $3,079
Central Bank Illinois 1 3.25% $2,057
BRIGHTSTAR 1 3.50% $2,322
BIRMINGHAM-BLOOMFIELD Credit Union 1 3.88% $3,113
Union Savings Bank 1 3.00% $1,200
1st Source Bank 1 3.13% $2,434
Beeline Loans, Inc. 1 2.99% $1,359
BAY EQUITY LLC 1 3.38% $5,894
Bank of England 1 3.38% $4,101
United Nations Federal Credit Union 1 3.00% $2,954
Austin Capital Bank SSB 1 2.88% $6,568
Assurance Financial Group, L.L.C. 1 3.25% $2,352
Alerus Financial 1 3.00% $4,411
ANGEL OAK HOME LOANS LLC 1 4.25% $7,274
VANDERBILT MORTGAGE AND FINANCE, INC. 1 2.75% $2,430
Ameris Bank 1 3.13% $4,405
VIBE CREDIT UNION 1 3.00% $2,070
ADVANCIAL 1 5.50% $2,765
Northwest Federal Credit Union 1 2.88% $2,841
NEXERA HOLDING LLC 1 2.88% $3,196
Oakstar Bank 1 3.00% $2,761
OCEANSIDE MORTGAGE COMPANY 1 3.13% $2,668
NBH Bank 1 3.25% $3,446
AMERICAN MORTGAGE SERVICE COMPANY 1 2.50% $2,712
OPEN MORTGAGE, LLC 1 3.13% $2,369
PACIFIC RESIDENTIAL MORTGAGE, LLC 1 3.88% $3,304
MORIA DEVELOPMENT, INC. 1 3.88% $3,185

GRAND RAPIDS-KENTWOOD, MI's 360 lenders originated 58,067 loans during 2021. The total origination value was $12,112,655,000, with an average loan value of $208,598.

The top GRAND RAPIDS - KENTWOOD lender as defined by loan originations is LAKE MICHIGAN CREDIT UNION, with 4,838 loans originated. Their average total fees are $2,900, which is $1,675 lower than the next largest lender, QUICKEN LOANS, LLC.

The lowest fee GRAND RAPIDS - KENTWOOD lenders (with over 10 loans originated) are Discover Bank ($0), CHERRY CREEK MORTGAGE, LLC ($517), TEAM ONE CREDIT UNION ($1,277), Chicago Mortgage Solutions LLC ($1,494) and MEMBERS FIRST Credit Union ($1,509).

The lowest rate GRAND RAPIDS - KENTWOOD lenders (with over 10 loans originated) are SUN WEST MORTGAGE COMPANY, INC. (2.74%), North American Savings Bank, F.S.B. (2.74%), HOMESTEAD FUNDING CORP. (2.76%), Bank of America (2.79%) and FirstBank (2.79%).

GRAND RAPIDS-KENTWOOD, MI Lender 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 2020 Loan Value 2021 Loan Value % Change 2021 Market Share
LAKE MICHIGAN CREDIT UNION $2,275,060,000 $2,084,190,000 -8.4% 17.2%
QUICKEN LOANS, LLC $600,475,000 $693,935,000 15.6% 5.7%
Fifth Third Bank $520,840,000 $612,525,000 17.6% 5.1%
The Huntington National Bank $483,370,000 $551,645,000 14.1% 4.6%
UNITED WHOLESALE MORTGAGE, LLC $266,445,000 $469,675,000 76.3% 3.9%
Neighborhood Loans, Inc. $459,840,000 $462,125,000 0.5% 3.8%
Independent Bank $145,000 $381,880,000 263,265.5% 3.2%
Mercantile Bank of Michigan $386,785,000 $359,910,000 -6.9% 3.0%
Old National Bank $311,320,000 $271,905,000 -12.7% 2.2%
Northpointe Bank $360,565,000 $267,340,000 -25.9% 2.2%
CONSUMERS $198,465,000 $263,365,000 32.7% 2.2%
JPMorgan Chase Bank $181,985,000 $232,685,000 27.9% 1.9%
MORTGAGE 1 INCORPORATED $226,690,000 $211,765,000 -6.6% 1.7%
NORTHERN MORTGAGE SERVICES, LLC $183,165,000 $170,670,000 -6.8% 1.4%
WALKER & DUNLOP, LLC $344,050,000 $168,420,000 -51.0% 1.4%
FINANCE OF AMERICA MORTGAGE LLC $203,760,000 $160,970,000 -21.0% 1.3%
PNC Bank $163,455,000 $158,720,000 -2.9% 1.3%
ARK-LA-TEX FINANCIAL SERVICES, LLC. $157,550,000 $146,490,000 -7.0% 1.2%
Macatawa Bank $168,725,000 $139,530,000 -17.3% 1.2%
United Bank of Michigan $165,815,000 $135,860,000 -18.1% 1.1%
INLANTA MORTGAGE, INC. $112,465,000 $116,745,000 3.8% 1.0%
CHURCHILL MORTGAGE CORPORATION $109,080,000 $116,105,000 6.4% 1.0%
FREEDOM MORTGAGE CORPORATION $107,205,000 $112,670,000 5.1% 0.9%
UNION HOME MORTGAGE CORP. $119,380,000 $107,835,000 -9.7% 0.9%
CALIBER HOME LOANS, INC. $78,835,000 $104,365,000 32.4% 0.9%
TCF National Bank $325,730,000 $101,590,000 -68.8% 0.8%
Flagstar Bank, FSB $110,185,000 $100,430,000 -8.9% 0.8%
Mr. Cooper ( Nationstar Mortgage ) $75,100,000 $100,270,000 33.5% 0.8%
Grand River Bank $127,800,000 $93,120,000 -27.1% 0.8%
West Michigan Community Bank $88,370,000 $92,165,000 4.3% 0.8%
VAN DYK MORTGAGE CORPORATION $93,170,000 $89,180,000 -4.3% 0.7%
Wells Fargo Bank $105,295,000 $88,465,000 -16.0% 0.7%
LOANDEPOT.COM, LLC $62,820,000 $88,160,000 40.3% 0.7%
Capital One $34,960,000 $85,725,000 145.2% 0.7%
ChoiceOne Bank $112,875,000 $82,060,000 -27.3% 0.7%
PRIMELENDING, A PLAINSCAPITAL COMPANY $69,765,000 $80,270,000 15.1% 0.7%
BETTER MORTGAGE CORPORATION $30,035,000 $65,315,000 117.5% 0.5%
GUARANTEED RATE, INC. $43,225,000 $62,515,000 44.6% 0.5%
AMERISAVE MORTGAGE CORPORATION $33,985,000 $62,380,000 83.6% 0.5%
SUCCESS MORTGAGE PARTNERS, INC. $65,030,000 $61,685,000 -5.1% 0.5%
Bank of America $47,470,000 $60,220,000 26.9% 0.5%
Hometown Lenders, Inc. $1,370,000 $58,425,000 4,164.6% 0.5%
RUOFF MORTGAGE COMPANY, INC. $67,430,000 $52,635,000 -21.9% 0.4%
CROSSCOUNTRY MORTGAGE, LLC $17,800,000 $51,440,000 189.0% 0.4%
NEWREZ LLC $23,605,000 $51,335,000 117.5% 0.4%
MICHIGAN STATE UNIVERSITY FEDERAL CREDIT UNION $47,575,000 $50,635,000 6.4% 0.4%
ARBOR FINANCIAL CREDIT UNION $34,845,000 $50,625,000 45.3% 0.4%
HOME POINT FINANCIAL CORPORATION $37,490,000 $49,195,000 31.2% 0.4%
PENNYMAC LOAN SERVICES, LLC $17,475,000 $47,410,000 171.3% 0.4%
MMS MORTGAGE SERVICES, LTD. $39,285,000 $46,045,000 17.2% 0.4%
Mortgage Research Center, LLC $34,535,000 $45,875,000 32.8% 0.4%
BM Real Estate Services, Inc. $40,400,000 $44,830,000 11.0% 0.4%
Adventure Credit Union $64,105,000 $43,270,000 -32.5% 0.4%
AMERIFIRST FINANCIAL CORPORATION $52,240,000 $35,345,000 -32.3% 0.3%
UNITED $33,220,000 $35,075,000 5.6% 0.3%
GreenStone Farm Credit Services, FLCA $40,460,000 $33,015,000 -18.4% 0.3%
MORTGAGE CENTER L.C $35,430,000 $32,895,000 -7.2% 0.3%
LAKEVIEW LOAN SERVICING, LLC $18,710,000 $29,190,000 56.0% 0.2%
AAC Credit Union $34,245,000 $28,630,000 -16.4% 0.2%
Community West Credit Union $26,385,000 $28,020,000 6.2% 0.2%
Horizon Bank $24,075,000 $27,590,000 14.6% 0.2%
KeyBank $2,425,000 $27,440,000 1,031.5% 0.2%
STOCKTON MORTGAGE CORPORATION $16,375,000 $27,075,000 65.3% 0.2%
MICHIGAN FIRST CREDIT UNION $26,255,000 $26,085,000 -0.6% 0.2%
MICHIGAN MUTUAL, INC. $32,275,000 $26,020,000 -19.4% 0.2%
The Dart Bank $46,250,000 $25,750,000 -44.3% 0.2%
BROKER SOLUTIONS, INC. $16,995,000 $25,595,000 50.6% 0.2%
PFCU $43,035,000 $25,085,000 -41.7% 0.2%
MUTUAL OF OMAHA MORTGAGE, INC. $23,210,000 $24,485,000 5.5% 0.2%
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP $12,660,000 $24,055,000 90.0% 0.2%
ENVOY MORTGAGE, LTD $26,630,000 $23,895,000 -10.3% 0.2%
TOP FLITE FINANCIAL, INC. $29,400,000 $23,820,000 -19.0% 0.2%
POLARIS HOME FUNDING CORP. $26,755,000 $23,230,000 -13.2% 0.2%
TRIAD FINANCIAL SERVICES, INC. $13,835,000 $22,705,000 64.1% 0.2%
DFCU FINANCIAL $17,790,000 $21,730,000 22.1% 0.2%
Level One Bank $27,645,000 $21,430,000 -22.5% 0.2%
MICHIGAN ONE COMMUNITY Credit Union $21,035,000 $20,760,000 -1.3% 0.2%
Isabella Bank $27,430,000 $20,040,000 -26.9% 0.2%
Comerica Bank $22,195,000 $19,665,000 -11.4% 0.2%
FAIRWAY INDEPENDENT MORTGAGE CORPORATION $9,200,000 $19,050,000 107.1% 0.2%
GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION $24,650,000 $18,875,000 -23.4% 0.2%
U.S. Bank $18,110,000 $18,660,000 3.0% 0.2%
PREFERRED CREDIT UNION $22,795,000 $18,120,000 -20.5% 0.1%
Carrington Mortgage Services, LLC $15,010,000 $18,100,000 20.6% 0.1%
NAVY FEDERAL CREDIT UNION $17,900,000 $17,710,000 -1.1% 0.1%
COMMUNITY FIRST $3,660,000 $17,435,000 376.4% 0.1%
TOWNE MORTGAGE COMPANY $23,820,000 $17,380,000 -27.0% 0.1%
T2 FINANCIAL LLC $10,525,000 $16,550,000 57.2% 0.1%
Commercial Bank $8,480,000 $16,435,000 93.8% 0.1%
KELLER MORTGAGE, LLC $26,865,000 $15,445,000 -42.5% 0.1%
Chicago Mortgage Solutions LLC $4,825,000 $15,245,000 216.0% 0.1%
Sidney State Bank $9,110,000 $15,105,000 65.8% 0.1%
VILLAGE CAPITAL & INVESTMENT LLC $7,865,000 $15,020,000 91.0% 0.1%
J. VIRGIL, INC. $15,495,000 $14,325,000 -7.6% 0.1%
AMERICAN FINANCING CORPORATION $5,645,000 $14,105,000 149.9% 0.1%
First Guaranty Mortgage Corporation $13,990,000 $13,800,000 -1.4% 0.1%
Ally Bank $5,870,000 $13,710,000 133.6% 0.1%
AmeriHome Mortgage Company, LLC $9,065,000 $13,680,000 50.9% 0.1%
The Federal Savings Bank $11,305,000 $13,030,000 15.3% 0.1%
CREDIT UNION ONE $16,720,000 $12,960,000 -22.5% 0.1%
HOMEBRIDGE FINANCIAL SERVICES, INC. $13,550,000 $12,670,000 -6.5% 0.1%
USAA Federal Savings Bank $19,955,000 $12,450,000 -37.6% 0.1%
InterContinental Capital Group, Inc $6,170,000 $11,880,000 92.5% 0.1%
MEMBERS FIRST Credit Union $12,375,000 $11,730,000 -5.2% 0.1%
SUN WEST MORTGAGE COMPANY, INC. $10,690,000 $10,520,000 -1.6% 0.1%
Morgan Stanley Private Bank $10,870,000 $10,240,000 -5.8% 0.1%
Citizens Bank $56,630,000 $10,135,000 -82.1% 0.1%
KENT COUNTY CREDIT UNION $18,215,000 $9,910,000 -45.6% 0.1%
Wyndham Capital Mortgage, Inc. $4,040,000 $8,915,000 120.7% 0.1%
Lakeside Bank $8,825,000 n/a 0.1%
NEW DAY FINANCIAL, LLC $10,495,000 $8,615,000 -17.9% 0.1%
MEMBER FIRST MORTGAGE, LLC $15,735,000 $8,530,000 -45.8% 0.1%
PENTAGON FEDERAL CREDIT UNION $2,380,000 $8,255,000 246.8% 0.1%
GVC MORTGAGE, INC. $5,715,000 $8,220,000 43.8% 0.1%
21ST MORTGAGE CORPORATION $7,015,000 $8,090,000 15.3% 0.1%
AMERICAN FINANCIAL RESOURCES, INC. $10,090,000 $8,085,000 -19.9% 0.1%
North American Savings Bank, F.S.B. $6,705,000 $8,085,000 20.6% 0.1%
LENDINGHOME FUNDING CORPORATION $4,325,000 $8,045,000 86.0% 0.1%
West Michigan Credit Union $9,075,000 $8,005,000 -11.8% 0.1%
First National Bank of America $3,465,000 $8,000,000 130.9% 0.1%
Grandbridge Real Estate Capital LLC $7,705,000 n/a 0.1%
COMPASS MORTGAGE, INC. $2,195,000 $7,420,000 238.0% 0.1%
HOMESTEAD FUNDING CORP. $8,345,000 $6,740,000 -19.2% 0.1%
BLG HOLDINGS, INC. $7,170,000 $6,665,000 -7.0% 0.1%
ZILLOW HOME LOANS, LLC $2,830,000 $6,645,000 134.8% 0.1%
CIBC Bank USA $5,705,000 $6,595,000 15.6% 0.1%
FirstBank $5,000,000 $6,450,000 29.0% 0.1%
ROYAL UNITED MORTGAGE LLC $6,865,000 $6,315,000 -8.0% 0.1%
UNITED MORTGAGE CORP. $95,000 $6,210,000 6,436.8% 0.1%
CLEARPATH LENDING $8,125,000 $6,170,000 -24.1% 0.1%
Paramount Residential Mortgage Group, Inc. $3,365,000 $6,170,000 83.4% 0.1%
Barrington Bank & Trust Company, N.A. $7,320,000 $6,135,000 -16.2% 0.1%
NBKC BANK $5,875,000 $6,020,000 2.5% 0.0%
AMERICAN FINANCIAL NETWORK, INC. $7,145,000 $5,980,000 -16.3% 0.0%
DRAPER AND KRAMER MORTGAGE CORP. $3,810,000 $5,830,000 53.0% 0.0%
Highpoint Community Bank $13,455,000 $5,830,000 -56.7% 0.0%
PLAZA HOME MORTGAGE, INC. $5,275,000 $5,710,000 8.2% 0.0%
HOMESIDE FINANCIAL, LLC $3,965,000 $5,630,000 42.0% 0.0%
Goldman Sachs Bank USA $6,865,000 $5,570,000 -18.9% 0.0%
Stifel Bank and Trust $4,280,000 $5,505,000 28.6% 0.0%
CHERRY CREEK MORTGAGE, LLC $3,615,000 $5,300,000 46.6% 0.0%
SOFI LENDING CORP. $5,015,000 $5,205,000 3.8% 0.0%
CMG MORTGAGE, INC. $4,295,000 $5,085,000 18.4% 0.0%
Charles Schwab Bank, SSB $1,820,000 $5,060,000 178.0% 0.0%
Honor Credit Union $4,525,000 $5,045,000 11.5% 0.0%
UNIVERSITY LENDING GROUP, LLC $2,525,000 $4,975,000 97.0% 0.0%
AMERICAN INTERNET MORTGAGE, INC. $4,090,000 $4,945,000 20.9% 0.0%
First Savings Bank $4,310,000 $4,785,000 11.0% 0.0%
PLANET HOME LENDING, LLC $4,255,000 $4,745,000 11.5% 0.0%
Associated Bank $2,720,000 $4,705,000 73.0% 0.0%
PROVIDENT FUNDING ASSOCIATES, L.P. $5,405,000 $4,295,000 -20.5% 0.0%
DOW CHEMICAL EMPLOYEES' $6,890,000 $4,150,000 -39.8% 0.0%
LIMA ONE CAPITAL, LLC $1,000,000 $4,140,000 314.0% 0.0%
OAK MORTGAGE, LLC $7,590,000 $3,915,000 -48.4% 0.0%
Strong Home Mortgage, LLC $1,560,000 $3,895,000 149.7% 0.0%
Lake City Bank $3,855,000 n/a 0.0%
Nations Lending Corporation $3,235,000 $3,830,000 18.4% 0.0%
MID AMERICA MORTGAGE, INC. $4,750,000 $3,815,000 -19.7% 0.0%
ACADEMY MORTGAGE CORPORATION $3,535,000 $3,735,000 5.7% 0.0%
Raymond James Bank $6,120,000 $3,735,000 -39.0% 0.0%
UBS Bank USA $3,310,000 $3,625,000 9.5% 0.0%
American Mortgage & Equity Consultants, Inc. $3,580,000 n/a 0.0%
PHH Mortgage Corporation $2,250,000 $3,570,000 58.7% 0.0%
PLUS RELOCATION MORTGAGE, LLC $4,395,000 $3,480,000 -20.8% 0.0%
Southern Michigan Bank & Trust $475,000 $3,440,000 624.2% 0.0%
Kellogg Community Credit Union $4,480,000 $3,280,000 -26.8% 0.0%
THE ANDERSON FINANCIAL GROUP, INC. $4,305,000 $3,275,000 -23.9% 0.0%
Lakeview Community Capital, LLC $1,730,000 $3,125,000 80.6% 0.0%
RESIDENTIAL BANCORP. $3,095,000 n/a 0.0%
Truist Bank $1,205,000 $3,070,000 154.8% 0.0%
Low VA Rates, LLC $2,585,000 $3,000,000 16.1% 0.0%
Arbor Realty Trust, Inc. $16,885,000 $2,980,000 -82.4% 0.0%
AMERICAN ADVISORS GROUP $4,010,000 $2,945,000 -26.6% 0.0%
CANOPY MORTGAGE, LLC $255,000 $2,925,000 1,047.1% 0.0%
Discover Bank $2,255,000 $2,860,000 26.8% 0.0%
STAUNTON FINANCIAL, INC. $3,770,000 $2,835,000 -24.8% 0.0%
TEAM ONE CREDIT UNION $3,195,000 $2,800,000 -12.4% 0.0%
Manufacturers and Traders Trust Company $1,200,000 $2,715,000 126.3% 0.0%
Frankenmuth Credit Union $6,215,000 $2,680,000 -56.9% 0.0%
BMO Harris Bank $785,000 $2,620,000 233.8% 0.0%
ROSS MORTGAGE CORPORATION $3,620,000 $2,610,000 -27.9% 0.0%
Oxford Bank & Trust $2,820,000 $2,540,000 -9.9% 0.0%
SPRING EQ, LLC $895,000 $2,535,000 183.2% 0.0%
Farmers Bank & Trust $595,000 $2,525,000 324.4% 0.0%
EMBRACE HOME LOANS, INC. $1,165,000 $2,500,000 114.6% 0.0%
TIAA, FSB $3,215,000 $2,460,000 -23.5% 0.0%
Lake Trust Credit Union $1,725,000 $2,440,000 41.4% 0.0%
Best Financial Credit Union $300,000 $2,435,000 711.7% 0.0%
HIGHLANDS RESIDENTIAL MORTGAGE, LTD. $895,000 $2,415,000 169.8% 0.0%
First Midwest Bank $500,000 $2,365,000 373.0% 0.0%
Figure Lending LLC $1,825,000 $2,335,000 27.9% 0.0%
GENISYS $1,395,000 $2,305,000 65.2% 0.0%
STEARNS LENDING, LLC $225,000 $2,300,000 922.2% 0.0%
GREYSTONE SERVICING COMPANY LLC $3,075,000 $2,235,000 -27.3% 0.0%
Ixonia Bank $2,220,000 n/a 0.0%
FINANCE OF AMERICA COMMERCIAL LLC $3,110,000 $2,210,000 -28.9% 0.0%
PROPER RATE, LLC $2,190,000 n/a 0.0%
Sunflower Bank $2,635,000 $2,175,000 -17.5% 0.0%
Eaton Community Bank $2,690,000 $2,170,000 -19.3% 0.0%
ADVISORS CAPITAL, INC. $1,120,000 $2,160,000 92.9% 0.0%
The State Bank $2,845,000 $2,160,000 -24.1% 0.0%
SOVEREIGN LENDING GROUP INCORPORATED $2,860,000 $2,115,000 -26.0% 0.0%
BLUELEAF LENDING, LLC $4,230,000 $2,110,000 -50.1% 0.0%
Pacor Mortgage Corp $2,955,000 $2,090,000 -29.3% 0.0%
Centier Bank $3,155,000 $2,055,000 -34.9% 0.0%
GUARANTEED RATE AFFINITY, LLC $4,420,000 $1,945,000 -56.0% 0.0%
EVERETT FINANCIAL, INC. $5,700,000 $1,930,000 -66.1% 0.0%
PRIMARY RESIDENTIAL MORTGAGE, INC. $3,325,000 $1,915,000 -42.4% 0.0%
MICHIGAN SCHOOLS AND GOVERNMENT $2,160,000 $1,860,000 -13.9% 0.0%
S1L, Inc. $780,000 $1,785,000 128.8% 0.0%
LOANPAL, LLC $1,760,000 n/a 0.0%
FIRST CENTENNIAL MORTGAGE CORPORATION $1,085,000 $1,745,000 60.8% 0.0%
Wildfire Credit Union $1,855,000 $1,715,000 -7.5% 0.0%
FIRST STATE MORTGAGE SERVICES, LLC $2,595,000 $1,710,000 -34.1% 0.0%
FIRST HERITAGE FINANCIAL, LLC $2,345,000 $1,685,000 -28.1% 0.0%
Edgewater Bank $3,940,000 $1,675,000 -57.5% 0.0%
Citibank $2,935,000 $1,670,000 -43.1% 0.0%
Platinum Home Mortgage Corporation $4,095,000 $1,630,000 -60.2% 0.0%
Plains Commerce Bank $2,140,000 $1,600,000 -25.2% 0.0%
Axos Bank $1,580,000 n/a 0.0%
MARSHALL COMMUNITY CREDIT UNION $2,005,000 $1,580,000 -21.2% 0.0%
Arvest Bank $1,660,000 $1,565,000 -5.7% 0.0%
UIF CORPORATION $1,095,000 $1,555,000 42.0% 0.0%
LEADERONE FINANCIAL CORPORATION $2,480,000 $1,530,000 -38.3% 0.0%
MORTGAGE ACCESS CORP. $1,065,000 $1,515,000 42.3% 0.0%
PREMIA MORTGAGE, LLC $4,020,000 $1,515,000 -62.3% 0.0%
The Northern Trust Company $3,400,000 $1,495,000 -56.0% 0.0%
Prime Choice Funding Inc. $335,000 $1,475,000 340.3% 0.0%
COMMUNITY MORTGAGE FUNDING, LLC $1,700,000 $1,470,000 -13.5% 0.0%
DIAMOND RESIDENTIAL MORTGAGE CORPORATION $1,125,000 $1,365,000 21.3% 0.0%
RELIANCE FIRST CAPITAL, LLC $1,325,000 $1,320,000 -0.4% 0.0%
BNC National Bank $7,680,000 $1,315,000 -82.9% 0.0%
CIBM Bank $2,395,000 $1,315,000 -45.1% 0.0%
DAS Acquisition Company, LLC $95,000 $1,305,000 1,273.7% 0.0%
1st Source Bank $900,000 $1,290,000 43.3% 0.0%
Deere Employees Credit Union $140,000 $1,285,000 817.9% 0.0%
NORTHWEST BANK OF ROCKFORD $1,285,000 n/a 0.0%
First State Bank $625,000 $1,280,000 104.8% 0.0%
GUARANTY HOME MORTGAGE CORPORATION $1,275,000 $1,280,000 0.4% 0.0%
MOVEMENT MORTGAGE, LLC $575,000 $1,280,000 122.6% 0.0%
Equity Prime Mortgage LLC $215,000 $1,260,000 486.0% 0.0%
LONGBRIDGE FINANCIAL, LLC $1,850,000 $1,245,000 -32.7% 0.0%
Sierra Pacific Mortgage Company, Inc. $445,000 $1,200,000 169.7% 0.0%
ANGEL OAK MORTGAGE SOLUTIONS LLC $3,440,000 $1,195,000 -65.3% 0.0%
ACCELERATE MORTGAGE, LLC $1,185,000 n/a 0.0%
1st State Financial, Ltd. $1,390,000 $1,175,000 -15.5% 0.0%
Dort Financial Credit Union $1,800,000 $1,155,000 -35.8% 0.0%
CONTOUR MORTGAGE CORPORATION $1,140,000 n/a 0.0%
The Shelby State Bank $2,095,000 $1,140,000 -45.6% 0.0%
Cf Bank $1,320,000 $1,115,000 -15.5% 0.0%
Commerce Home Mortgage, Inc. $1,105,000 n/a 0.0%
OCEANSIDE MORTGAGE COMPANY $2,450,000 $1,090,000 -55.5% 0.0%
First Federal Bank $1,375,000 $1,065,000 -22.5% 0.0%
Magnolia Bank $1,010,000 $1,060,000 5.0% 0.0%
BAYSHORE MORTGAGE FUNDING, LLC $1,055,000 n/a 0.0%
GERBER FEDERAL CREDIT UNION $1,880,000 $1,055,000 -43.9% 0.0%
REDWOOD RESIDENTIAL ACQUISITION CORPORATION $1,055,000 n/a 0.0%
Prosperity Home Mortgage, LLC $1,155,000 $1,050,000 -9.1% 0.0%
MEMBER ADVANTAGE MORTGAGE, LLC $770,000 $1,045,000 35.7% 0.0%
AMERICAN PACIFIC MORTGAGE CORPORATION $940,000 $1,040,000 10.6% 0.0%
NATIONWIDE MORTGAGE BANKERS, INC. $765,000 $1,035,000 35.3% 0.0%
THE EQUITABLE MORTGAGE CORPORATION $155,000 $1,020,000 558.1% 0.0%
PARKSIDE LENDING, LLC $580,000 $1,010,000 74.1% 0.0%
TEACHERS CREDIT UNION $1,010,000 n/a 0.0%
Paramount Bank $265,000 $1,005,000 279.2% 0.0%
Renasant Bank $1,585,000 $1,000,000 -36.9% 0.0%
Baxter Credit Union $680,000 $985,000 44.9% 0.0%
Brighton Bank $760,000 $985,000 29.6% 0.0%
CREDIT UNION MORTGAGE ASSOCIATION, INC. $985,000 n/a 0.0%
LENDSURE MORTGAGE CORP. $980,000 n/a 0.0%
VIBE CREDIT UNION $1,090,000 $955,000 -12.4% 0.0%
FARMERS INSURANCE GROUP FEDERAL CREDIT UNION $85,000 $950,000 1,017.6% 0.0%
Colten Mortgage, LLC $945,000 n/a 0.0%
Waterstone Mortgage Corporation $1,445,000 $935,000 -35.3% 0.0%
CELEBRITY HOME LOANS, LLC $930,000 n/a 0.0%
Notre Dame Federal Credit Union Corporation $380,000 $925,000 143.4% 0.0%
VELOCITY COMMERCIAL CAPITAL, LLC $240,000 $920,000 283.3% 0.0%
ELGA CREDIT UNION $435,000 $895,000 105.7% 0.0%
LENDERFI, INC. $910,000 $875,000 -3.8% 0.0%
Abbott Laboratories Employees Credit Union $870,000 n/a 0.0%
Luxury Mortgage Corp. $1,125,000 $845,000 -24.9% 0.0%
IncredibleBank $910,000 $840,000 -7.7% 0.0%
EMM LOANS LLC $4,165,000 $835,000 -80.0% 0.0%
Goldwater Bank, N.A. $245,000 $825,000 236.7% 0.0%
UNITED FINANCIAL Credit Union $825,000 n/a 0.0%
Bank of England $1,820,000 $815,000 -55.2% 0.0%
Quontic Bank $815,000 n/a 0.0%
WINGS FINANCIAL $360,000 $805,000 123.6% 0.0%
COMMUNITY FINANCIAL CREDIT UNION $1,160,000 $790,000 -31.9% 0.0%
Firefighters First Federal Credit Union $770,000 n/a 0.0%
First Home Bank $1,240,000 $750,000 -39.5% 0.0%
Amerifirst Financial, Inc. $745,000 n/a 0.0%
Bank of Ann Arbor $740,000 n/a 0.0%
AMERICAN PORTFOLIO MORTGAGE CORPORATION $855,000 $725,000 -15.2% 0.0%
Willamette Valley Bank $725,000 n/a 0.0%
ALLIANT CREDIT UNION $1,095,000 $720,000 -34.2% 0.0%
Hometown Equity Mortgage, LLC $1,365,000 $710,000 -48.0% 0.0%
NP, Inc. $770,000 $695,000 -9.7% 0.0%
SIRVA MORTGAGE, INC. $810,000 $690,000 -14.8% 0.0%
Key Mortgage Services, Inc. $680,000 n/a 0.0%
First Internet Bank of Indiana $325,000 $675,000 107.7% 0.0%
FBC MORTGAGE, LLC $535,000 $665,000 24.3% 0.0%
EVANSVILLE TEACHERS $195,000 $655,000 235.9% 0.0%
GREENWOOD $640,000 n/a 0.0%
Tri-County Bank $630,000 n/a 0.0%
SUMMIT HOME MORTGAGE, LLC $2,015,000 $625,000 -69.0% 0.0%
ADVIA $990,000 $620,000 -37.4% 0.0%
Beeline Loans, Inc. $620,000 n/a 0.0%
CITIZENS EQUITY FIRST $175,000 $620,000 254.3% 0.0%
NATIONS RELIABLE LENDING, LLC $790,000 $620,000 -21.5% 0.0%
NETWORK CAPITAL FUNDING CORPORATION $615,000 n/a 0.0%
Gold Coast Bank $855,000 $610,000 -28.7% 0.0%
mBank $1,625,000 $605,000 -62.8% 0.0%
UNITED HOME LOANS, INC. $595,000 n/a 0.0%
Evolve Bank & Trust $145,000 $590,000 306.9% 0.0%
Mid-Continent Funding, Inc. $350,000 $590,000 68.6% 0.0%
GREAT LAKES $1,000,000 $560,000 -44.0% 0.0%
Bank of the West $545,000 n/a 0.0%
Simmons Bank $545,000 n/a 0.0%
American Airlines Federal Credit Union $880,000 $540,000 -38.6% 0.0%
DELMAR FINANCIAL COMPANY $530,000 n/a 0.0%
LAFCU $2,055,000 $530,000 -74.2% 0.0%
BlueOx Credit Union $520,000 n/a 0.0%
BAY EQUITY LLC $515,000 n/a 0.0%
NATIONS DIRECT MORTGAGE, LLC $4,065,000 $515,000 -87.3% 0.0%
Third Federal Savings and Loan Association of Cleveland $945,000 $505,000 -46.6% 0.0%
Watermark Capital, Inc. $1,065,000 $505,000 -52.6% 0.0%
LENDINGONE, LLC $2,235,000 $495,000 -77.9% 0.0%
Superior Credit Union, Inc. $155,000 $490,000 216.1% 0.0%
SECURITY CREDIT UNION $105,000 $485,000 361.9% 0.0%
American Community Bank of Indiana $475,000 n/a 0.0%
PACIFIC RESIDENTIAL MORTGAGE, LLC $465,000 n/a 0.0%
SeaTrust Mortgage Company $465,000 n/a 0.0%
WRIGHT-PATT CREDIT UNION, INC. $465,000 n/a 0.0%
COMMUNITY CHOICE CREDIT UNION $590,000 $460,000 -22.0% 0.0%
Independent Bank $145,000 $460,000 217.2% 0.0%
The Union Bank Company $530,000 $460,000 -13.2% 0.0%
THRIVENT Federal Credit Union $340,000 $445,000 30.9% 0.0%
First Financial Bank $375,000 $435,000 16.0% 0.0%
BECKAM FUNDING CORP. $425,000 $430,000 1.2% 0.0%
Grundy Bank $425,000 n/a 0.0%
QUORUM FEDERAL CREDIT UNION $405,000 $425,000 4.9% 0.0%
United Nations Federal Credit Union $425,000 n/a 0.0%
Capital Bank $410,000 $410,000 0.0% 0.0%
First Merchants Bank $910,000 $410,000 -54.9% 0.0%
HOMESITE MORTGAGE, LLC $1,080,000 $410,000 -62.0% 0.0%
Old Second National Bank $410,000 n/a 0.0%
F&M Bank $405,000 n/a 0.0%
Leader Bank $405,000 n/a 0.0%
LENOX FINANCIAL MORTGAGE CORPORATION $1,160,000 $405,000 -65.1% 0.0%
American State Bank $495,000 $400,000 -19.2% 0.0%
FINANCIAL PLUS CREDIT UNION $400,000 n/a 0.0%
GUILD MORTGAGE COMPANY $710,000 $400,000 -43.7% 0.0%
UNITED SECURITY FINANCIAL CORP $740,000 $400,000 -45.9% 0.0%
TEMPLE VIEW CAPITAL FUNDING, LP $390,000 n/a 0.0%
NUMARK CREDIT UNION $310,000 $380,000 22.6% 0.0%
Gateway First Bank $375,000 n/a 0.0%
FIRST COMMUNITY MORTGAGE, INC. $1,060,000 $370,000 -65.1% 0.0%
First United Bank and Trust Company $365,000 n/a 0.0%
Marquette Bank $205,000 $365,000 78.0% 0.0%
TLC COMMUNITY Credit Union $360,000 n/a 0.0%
NEXERA HOLDING LLC $355,000 n/a 0.0%
BayCoast Bank $380,000 $350,000 -7.9% 0.0%
JOLT CREDIT UNION $350,000 n/a 0.0%
Northwest Bank $800,000 $350,000 -56.3% 0.0%
LOANSNAP, INC. $345,000 n/a 0.0%
CHARTER WEST BANK $335,000 n/a 0.0%
First Bank $335,000 n/a 0.0%
CIVIC FINANCIAL SERVICES, LLC $330,000 n/a 0.0%
DEEPHAVEN MORTGAGE LLC $330,000 n/a 0.0%
DOMINION FINANCIAL SERVICES, LLC $330,000 n/a 0.0%
VANDERBILT MORTGAGE AND FINANCE, INC. $545,000 $330,000 -39.4% 0.0%
First National Bank of Brookfield $325,000 n/a 0.0%
INLAND BANK & TRUST $560,000 $325,000 -42.0% 0.0%
First Western Federal Savings Bank $320,000 n/a 0.0%
HONDA Federal Credit Union $315,000 n/a 0.0%
Residential Mortgage Solutions, Inc. $285,000 $315,000 10.5% 0.0%
SUMMIT FUNDING, INC. $1,915,000 $315,000 -83.6% 0.0%
Amalgamated Bank $105,000 $310,000 195.2% 0.0%
Independent Bank $145,000 $305,000 110.3% 0.0%
KALSEE CREDIT UNION $565,000 $305,000 -46.0% 0.0%
NBH Bank $665,000 $305,000 -54.1% 0.0%
FINANCE OF AMERICA REVERSE LLC $105,000 $300,000 185.7% 0.0%
Visio Financial Services Inc. $95,000 $300,000 215.8% 0.0%
CASTLE & COOKE MORTGAGE, LLC $295,000 n/a 0.0%
Chicago Financial Services, Inc. $1,220,000 $295,000 -75.8% 0.0%
FLAT BRANCH MORTGAGE, INC. $295,000 n/a 0.0%
KS StateBank $1,565,000 $295,000 -81.2% 0.0%
Waterford Bank, N.A. $290,000 n/a 0.0%
Ameris Bank $580,000 $285,000 -50.9% 0.0%
First National Bank of Omaha $285,000 n/a 0.0%
Kwik Mortgage Corporation $275,000 n/a 0.0%
Merchants Bank $275,000 n/a 0.0%
Midwest Community Bank $575,000 $275,000 -52.2% 0.0%
Ohnward Bank & Trust $275,000 n/a 0.0%
South State Bank $315,000 $275,000 -12.7% 0.0%
KEYPOINT $265,000 n/a 0.0%
Range Bank $125,000 $265,000 112.0% 0.0%
AmRes Corporation $255,000 n/a 0.0%
BIRMINGHAM-BLOOMFIELD Credit Union $255,000 n/a 0.0%
First Federal Bank of Kansas City $825,000 $255,000 -69.1% 0.0%
First Horizon Bank $595,000 $255,000 -57.1% 0.0%
First Western Trust Bank $305,000 $255,000 -16.4% 0.0%
GUIDANCE RESIDENTIAL, LLC $305,000 $255,000 -16.4% 0.0%
Merchants Bank of Indiana $255,000 n/a 0.0%
Bell Bank $250,000 n/a 0.0%
DIRECT MORTGAGE, CORP. $250,000 n/a 0.0%
SECURITYNATIONAL MORTGAGE COMPANY $235,000 $250,000 6.4% 0.0%
Citizens National Bank of Greater St. Louis $245,000 $245,000 0.0% 0.0%
First Western Bank & Trust $245,000 n/a 0.0%
AMERICAN MORTGAGE SERVICE COMPANY $235,000 n/a 0.0%
ANGEL OAK HOME LOANS LLC $235,000 n/a 0.0%
ARC HOME LLC $360,000 $235,000 -34.7% 0.0%
BOKF $1,160,000 $235,000 -79.7% 0.0%
ASTERA $220,000 $225,000 2.3% 0.0%
Colonial Savings, F.A. $1,560,000 $225,000 -85.6% 0.0%
JAMES B. NUTTER & COMPANY $585,000 $225,000 -61.5% 0.0%
Quad City Bank and Trust Company $485,000 $225,000 -53.6% 0.0%
LAND HOME FINANCIAL SERVICES, INC. $995,000 $215,000 -78.4% 0.0%
Preston Home Loans Inc $185,000 $215,000 16.2% 0.0%
ProFed Federal Credit Union $215,000 n/a 0.0%
REVERSE MORTGAGE FUNDING LLC $185,000 $215,000 16.2% 0.0%
Texana Bank $155,000 $215,000 38.7% 0.0%
The Cortland Savings and Banking Company $215,000 n/a 0.0%
Central Bank Illinois $205,000 n/a 0.0%
CRESCENT MORTGAGE COMPANY $1,105,000 $205,000 -81.4% 0.0%
FCN Bank $205,000 n/a 0.0%
First Commercial Bank $205,000 n/a 0.0%
IMPAC MORTGAGE CORP. $1,180,000 $205,000 -82.6% 0.0%
Oakstar Bank $205,000 n/a 0.0%
State Department Federal Credit Union $205,000 n/a 0.0%
TRUWEST Credit Union $205,000 n/a 0.0%
ALLIANCE CATHOLIC CREDIT UNION $195,000 n/a 0.0%
ALLIED MORTGAGE GROUP, INC. $525,000 $195,000 -62.9% 0.0%
Assurance Financial Group, L.L.C. $185,000 $195,000 5.4% 0.0%
CityWorth Mortgage LLC $195,000 n/a 0.0%
Heritage Bank $195,000 n/a 0.0%
Northwest Federal Credit Union $195,000 n/a 0.0%
Alerus Financial $185,000 n/a 0.0%
Allied First Bank,sb $185,000 n/a 0.0%
BELEM SERVICING LLC $185,000 n/a 0.0%
First American Bank $235,000 $185,000 -21.3% 0.0%
KINECTA $185,000 n/a 0.0%
RBC Bank, (Georgia) $640,000 $185,000 -71.1% 0.0%
SOUTHWEST STAGE FUNDING, LLC $340,000 $185,000 -45.6% 0.0%
Advisors Mortgage Group, L.L.C. $175,000 n/a 0.0%
EQUITY RESOURCES, INC. $340,000 $175,000 -48.5% 0.0%
Home Bank SB $175,000 n/a 0.0%
HSBC BANK USA, NATIONAL ASSOCIATION $175,000 n/a 0.0%
MIDWEST LOAN SOLUTIONS, INC. $885,000 $175,000 -80.2% 0.0%
Mortgage Assurance Inc. $175,000 n/a 0.0%
Service Federal Credit Union $175,000 n/a 0.0%
THRIVE MORTGAGE, LLC $175,000 n/a 0.0%
WESTERN EXPRESS LENDING $175,000 n/a 0.0%
HOWARD HANNA FINANCIAL SERVICES, INC. $165,000 n/a 0.0%
LIBERTY HOME MORTGAGE CORPORATION $685,000 $165,000 -75.9% 0.0%
Midland States Bank $165,000 $165,000 0.0% 0.0%
MORIA DEVELOPMENT, INC. $365,000 $165,000 -54.8% 0.0%
RF Renovo Management Company, LLC $165,000 n/a 0.0%
Union Savings Bank $165,000 n/a 0.0%
Austin Capital Bank SSB $5,535,000 $155,000 -97.2% 0.0%
Century Mortgage Company DBA Century Lending Company $155,000 n/a 0.0%
STAR USA FEDERAL CREDIT UNION $205,000 $155,000 -24.4% 0.0%
Thumb Bank and Trust $1,155,000 $155,000 -86.6% 0.0%
CASE $1,835,000 $145,000 -92.1% 0.0%
Providence Bank & Trust $2,020,000 $145,000 -92.8% 0.0%
The Friendship State Bank $145,000 n/a 0.0%
HANCOCK MORTGAGE PARTNERS, LLC $520,000 $135,000 -74.0% 0.0%
Michigan Educational Credit Union $135,000 n/a 0.0%
BRIGHTSTAR $125,000 n/a 0.0%
Devon Bank $285,000 $125,000 -56.1% 0.0%
OPEN MORTGAGE, LLC $405,000 $125,000 -69.1% 0.0%
Sturgis Bank & Trust Company $155,000 $125,000 -19.4% 0.0%
TIB The Independent Bankersbank $125,000 n/a 0.0%
Axiom Bank, N.A. $120,000 n/a 0.0%
ADVANCIAL $115,000 n/a 0.0%
Credence Funding Corporation $570,000 $115,000 -79.8% 0.0%
EUSTIS AND AMERICAN MORTGAGE COMPANY $115,000 n/a 0.0%
ON Q FINANCIAL, INC. $115,000 n/a 0.0%
Polish-American Federal Credit Union $115,000 n/a 0.0%
Cornerstone National Bank & Trust Company $105,000 n/a 0.0%
Home Mortgage Alliance Corp $105,000 n/a 0.0%
CREDIT HUMAN FEDERAL CREDIT UNION $140,000 $95,000 -32.1% 0.0%
First State Bank of St. Charles, Missouri $1,065,000 $95,000 -91.1% 0.0%
GENEVA FINANCIAL, LLC $620,000 $95,000 -84.7% 0.0%
HEALTH ADVANTAGE FEDERAL CREDIT UNION $630,000 $95,000 -84.9% 0.0%
Signature Federal Credit Union $95,000 n/a 0.0%
First Federal Bank of the Midwest $635,000 $85,000 -86.6% 0.0%
Republic Bank & Trust Company $350,000 $85,000 -75.7% 0.0%
Bethpage Federal Credit Union $55,000 n/a 0.0%
GreenStone Farm Credit Services, ACA $80,000 $50,000 -37.5% 0.0%
A+ Federal Credit Union $45,000 n/a 0.0%
First Financial Bank $375,000 $35,000 -90.7% 0.0%
MICHIGAN COLUMBUS $35,000 n/a 0.0%
SOVITA Credit Union $35,000 n/a 0.0%
Home Loan Investment Bank, F.S.B. $5,000 $25,000 400.0% 0.0%
Meijer Credit Union $6,785,000 $15,000 -99.8% 0.0%
WRIGHT PATMAN CONGRESSIONAL FEDERAL CREDIT UNION $270,000 $15,000 -94.4% 0.0%

GRAND RAPIDS - KENTWOOD's top lender by overall market share is LAKE MICHIGAN CREDIT UNION, with 17.2% market share. In second place, with 5.7%, is QUICKEN LOANS, LLC, having originated $693,935,000 in loans. In third place, with 5.1%, is Fifth Third Bank, having originated $612,525,000 in loans. In third place, with 4.6%, is The Huntington National Bank, having originated $551,645,000 in loans. In third place, with 3.9%, is UNITED WHOLESALE MORTGAGE, LLC, having originated $469,675,000 in loans.


GRAND RAPIDS-KENTWOOD, MI Market Loan Reason

Loan Purpose Originations Total Value Average Loan
Refi 21,588 $4,399,850,000 $203,810
Home Purchase 18,240 $4,707,410,000 $258,082
Cash Out Refi 12,749 $2,495,865,000 $195,769
Home Improvement 3,535 $279,395,000 $79,037
Other 1,955 $230,135,000 $117,716

Grand Rapids - Kentwood's most frequently cited loan purpose was Refi, with 21,588 originations. The 2nd most popular reason was Home Purchase, with 18,240 originations.

Interest Rate Frequencies

Loan Rate Originations Total Value Average Loan
2.5-3% 23,204 $4,830,110,000 $208,159
3-4% 21,768 $4,850,190,000 $222,813
<2.5% 8,410 $1,754,550,000 $208,627
4-5% 2,152 $310,700,000 $144,377
5-6% 661 $45,025,000 $68,116
Over 8% 507 $30,645,000 $60,444
7-8% 320 $17,180,000 $53,688
6-7% 303 $18,895,000 $62,360

During 2021, Grand Rapids - Kentwood's most frequently originated rate bucket was 2.5-3%, with 23,204 originations.

Loan Sizing (GRAND RAPIDS-KENTWOOD, MI MSA)

Loan Size Originations Total Value Average Loan
$100k-200k 24,007 $3,608,435,000 $150,308
$200k-400k 19,876 $5,292,640,000 $266,283
$100,000 or less 10,457 $635,645,000 $60,787
$400k-600k 2,834 $1,352,420,000 $477,212
$600k-1000k 633 $473,005,000 $747,243
$Over $1MM 260 $750,510,000 $2,886,577

GRAND RAPIDS - KENTWOOD's loan sizing saw the bucket of loans from $100k-200k with 24,007 originations, totaling $3,608,435,000 in origination value.

LTV Distribution