SAGINAW Mortgage Rates & Closing Costs

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

30 Year Fixed Rate mortgages in Saginaw averaged 6.53% for the week of 2022-12-01, compared to the national average of 6.49% for the same period.

The average rate for the prior week (2022-11-23) was 6.82% and one month ago for the week of 2022-10-27, the average rate was 7.12%.

Saginaw's average rate one year ago was 3.52%.

For refis of the same type during the week of 2022-12-01, the average rate was 6.66%.

Loan Type Date Rate
US 30 Year Fixed Rate 2022-12-01 6.49%
Saginaw 30 Year Fixed Rate 2022-12-01 6.53%
Saginaw 30 Year Fixed Rate Refi 2022-12-01 6.66%
Saginaw 15 Year Fixed Rate 2022-12-01 6.27%
Saginaw 15 Year Fixed Rate Refi 2022-12-01 6.05%
Saginaw 30 Year FHA 2022-12-01 6.7%
Saginaw 30 Year FHA Refi 2022-12-01 6.53%
Saginaw 30 Year USDA 2022-12-01 6.72%
Saginaw 30 Year USDA Refi 2022-12-01 6.2%
Saginaw 30 Year VA 2022-12-01 6.5%
Saginaw 30 Year VA Refi 2022-12-01 6.11%
Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within SAGINAW, MI.

SAGINAW 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 SAGINAW, 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. Closing Costs
Frankenmuth Credit Union 373 3.09% $2,298
QUICKEN LOANS, LLC 221 3.16% $4,042
LAKE MICHIGAN CREDIT UNION 122 3.15% $2,863
Wanigas Credit Union 109 3.40% $2,204
Independent Bank 103 3.21% $2,915
The Huntington National Bank 84 3.17% $2,806
1st State Financial, Ltd. 82 2.96% $2,253
HEALTH ADVANTAGE FEDERAL CREDIT UNION 72 3.19% $2,585
UNITED FINANCIAL Credit Union 68 3.24% $2,479
DOW CHEMICAL EMPLOYEES' 67 3.40% $2,606
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP 60 3.43% $3,213
UNITED WHOLESALE MORTGAGE, LLC 56 3.10% $3,907
TEAM ONE CREDIT UNION 53 2.93% $1,486
JOLT CREDIT UNION 42 2.93% $2,613
ACADEMY MORTGAGE CORPORATION 40 3.34% $3,385
JPMorgan Chase Bank 39 3.15% $2,602
J. VIRGIL, INC. 38 3.40% $3,855
ENVOY MORTGAGE, LTD 37 3.46% $3,296
Isabella Bank 35 2.74% $2,423
UNION HOME MORTGAGE CORP. 34 3.34% $3,050
MID AMERICA MORTGAGE, INC. 29 3.44% $3,564
AMERIFIRST FINANCIAL CORPORATION 26 3.43% $3,009
Fifth Third Bank 25 3.23% $2,888
Mr. Cooper ( Nationstar Mortgage ) 23 3.40% $4,943
MORTGAGE 1 INCORPORATED 22 3.52% $3,775
Mercantile Bank of Michigan 19 3.14% $2,444
Lake Huron Credit Union 18 3.04% $3,346
Wells Fargo Bank 16 3.59% $3,170
Dort Financial Credit Union 15 3.12% $2,567
PNC Bank 14 3.12% $2,829
TCF National Bank 14 3.00% $2,734
FINANCIAL PLUS CREDIT UNION 14 2.88% $3,373
CALIBER HOME LOANS, INC. 13 3.22% $2,916
LOANDEPOT.COM, LLC 13 3.14% $4,057
Citizens Bank 13 3.12% $2,959
Flagstar Bank, FSB 12 3.33% $2,314
AMERISAVE MORTGAGE CORPORATION 12 3.10% $3,935
NEWREZ LLC 11 3.12% $3,279
GreenStone Farm Credit Services, FLCA 11 3.64% $3,606
The State Bank 10 3.33% $2,221
MEMBERS FIRST Credit Union 9 3.21% $1,413
BROKER SOLUTIONS, INC. 9 3.22% $4,619
MICHIGAN STATE UNIVERSITY FEDERAL CREDIT UNION 9 3.25% $2,854
CROSSCOUNTRY MORTGAGE, LLC 8 3.33% $3,852
GENISYS 8 3.05% $2,418
U.S. Bank 8 3.16% $2,460
First Guaranty Mortgage Corporation 7 3.25% $4,236
Carrington Mortgage Services, LLC 7 3.52% $6,377
NAVY FEDERAL CREDIT UNION 7 4.41% $3,596
BETTER MORTGAGE CORPORATION 7 3.30% $2,409
MEMBER FIRST MORTGAGE, LLC 7 3.48% $2,835
GENEVA FINANCIAL, LLC 6 3.58% $3,554
GUARANTEED RATE, INC. 6 3.08% $3,929
SECURITY CREDIT UNION 6 3.15% $1,700
Preston Home Loans Inc 6 3.21% $3,194
Sunflower Bank 6 3.24% $3,046
Bank of America 6 2.98% $2,502
TOWNE MORTGAGE COMPANY 6 3.48% $3,297
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 6 3.00% $3,113
ROYAL UNITED MORTGAGE LLC 6 3.42% $5,919
HOME POINT FINANCIAL CORPORATION 5 3.07% $3,708
FinancialEdge Community Credit Union 5 3.35% $1,973
AMERICAN FINANCING CORPORATION 5 3.05% $3,672
ELGA CREDIT UNION 5 3.23% $3,061
MORTGAGE CENTER L.C 5 3.33% $2,434
FREEDOM MORTGAGE CORPORATION 5 3.53% $2,435
Ally Bank 5 3.25% $2,431
VAN DYK MORTGAGE CORPORATION 4 3.13% $1,477
RUOFF MORTGAGE COMPANY, INC. 4 3.00% $1,824
Level One Bank 4 3.03% $2,875
First Savings Bank 3 3.67% $6,779
FINANCE OF AMERICA MORTGAGE LLC 3 3.16% $3,793
M&T Bank 3 3.42% $4,345
LAKEVIEW LOAN SERVICING, LLC 3 3.67% $1,956
MUTUAL OF OMAHA MORTGAGE, INC. 3 3.33% $3,167
ROSS MORTGAGE CORPORATION 3 3.04% $3,670
BLG HOLDINGS, INC. 3 3.00% $3,580
GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION 3 3.29% $3,442
The Dart Bank 2 3.56% $2,693
ADVISORS CAPITAL, INC. 2 3.06% $2,998
COMMUNITY FINANCIAL CREDIT UNION 2 3.00% $2,716
COPOCO Community Credit Union 2 3.19% $3,064
First State Bank 2 3.06% $2,506
HOMESTEAD FUNDING CORP. 2 2.69% $3,772
MICHIGAN MUTUAL, INC. 2 3.31% $3,569
MICHIGAN SCHOOLS AND GOVERNMENT 2 4.19% $2,472
MMS MORTGAGE SERVICES, LTD. 2 3.00% $2,571
Paramount Residential Mortgage Group, Inc. 2 3.31% $4,802
PRIMELENDING, A PLAINSCAPITAL COMPANY 2 3.44% $2,882
RESIDENTIAL BANCORP. 2 2.81% $4,637
STOCKTON MORTGAGE CORPORATION 2 3.44% $2,708
Truist 2 3.13% $3,151
NETWORK CAPITAL FUNDING CORPORATION 1 3.88% $9,097
HOMESIDE FINANCIAL, LLC 1 3.25% $4,942
Northpointe Bank 1 3.49% $3,329
Arvest Bank 1 3.25% $3,634
PFCU 1 3.25% $2,849
PHH Mortgage Corporation 1 3.88% $5,614
Plains Commerce Bank 1 3.38% $1,656
PLANET HOME LENDING, LLC 1 2.88% $1,923
Platinum Home Mortgage Corporation 1 2.99% $2,877
PLAZA HOME MORTGAGE, INC. 1 4.25% $2,287
HOMEBRIDGE FINANCIAL SERVICES, INC. 1 3.00% $1,803
HIGHLANDS RESIDENTIAL MORTGAGE, LTD. 1 3.38% $3,106
US MORTGAGE CORPORATION 1 3.25% $3,337
GUIDANCE RESIDENTIAL, LLC 1 3.25% $3,427
ARBOR FINANCIAL CREDIT UNION 1 3.00% $3,469
GUARANTEED RATE AFFINITY, LLC 1 2.99% $0
Gateway First Bank 1 3.25% $3,070
First Internet Bank of Indiana 1 3.00% $2,098
FIRST CENTENNIAL MORTGAGE CORPORATION 1 3.13% $3,325
Servion, Inc. 1 3.38% $2,295
SOFI LENDING CORP. 1 3.13% $2,768
SOUTHWEST FUNDING, LP 1 3.63% $5,056
SOVEREIGN LENDING GROUP INCORPORATED 1 4.13% $4,293
SPRING EQ, LLC 1 3.00% $0
STAUNTON FINANCIAL, INC. 1 3.63% $2,463
Stifel Bank and Trust 1 2.50% $2,173
ANGEL OAK MORTGAGE SOLUTIONS LLC 1 5.63% $7,693
Strong Home Mortgage, LLC 1 3.00% $853
SUCCESS MORTGAGE PARTNERS, INC. 1 3.25% $4,343
SUMMIT FUNDING, INC. 1 2.99% $3,296
DFCU FINANCIAL 1 3.25% $2,452
SUNRISE FAMILY CREDIT UNION 1 3.38% $2,353
SUN WEST MORTGAGE COMPANY, INC. 1 2.75% $6,367
SWBC MORTGAGE CORPORATION 1 3.50% $4,959
DAS Acquisition Company, LLC 1 3.13% $2,866
CRESCENT MORTGAGE COMPANY 1 2.75% $1,273
THE ANDERSON FINANCIAL GROUP, INC. 1 2.75% $2,326
The Central Trust Bank 1 2.75% $2,605
CONSUMERS 1 3.99% $2,442
COMPASS MORTGAGE, INC. 1 3.13% $3,018
The Northern Trust Company 1 3.38% $3,878
The Park National Bank 1 3.13% $2,789
Commerce Bank 1 3.25% $3,084
Three Rivers Federal Credit Union 1 3.38% $2,693
THRIVENT Federal Credit Union 1 3.00% $2,331
TLC COMMUNITY Credit Union 1 2.88% $2,591
ChoiceOne Bank 1 3.25% $3,282
ADVANTAGE ONE Credit Union 1 3.13% $2,616
Chicago Mortgage Solutions LLC 1 2.87% $1,099
Bank of England 1 3.50% $4,727
Bank of Ann Arbor 1 3.25% $2,897
UNIVERSITY OF MICHIGAN CREDIT UNION 1 3.25% $2,353
MOVEMENT MORTGAGE, LLC 1 2.94% $3,063
Mortgage Research Center, LLC 1 2.99% $2,359
KELLER MORTGAGE, LLC 1 3.50% $2,989
InterContinental Capital Group, Inc 1 2.75% $4,054
Hometown Lenders, Inc. 1 3.88% $3,333

SAGINAW Average Closing Costs & Other Stats

SAGINAW, MI's 149 lenders originated 6,071 loans during 2021. The total origination value was $968,375,000, with an average loan value of $159,508.

SAGINAW's average closing costs are $3,344.

The top SAGINAW lender as defined by loan originations is Frankenmuth Credit Union, with 373 loans originated. Their average total fees are $2,298, which is $1,744 lower than the next largest lender, QUICKEN LOANS, LLC.

The lowest fee SAGINAW lenders (with over 10 loans originated) are TEAM ONE CREDIT UNION ($1,486), Wanigas Credit Union ($2,204), The State Bank ($2,221), 1st State Financial, Ltd. ($2,253) and Frankenmuth Credit Union ($2,298).

The lowest rate SAGINAW lenders (with over 10 loans originated) are Isabella Bank (2.74%), FINANCIAL PLUS CREDIT UNION (2.88%), JOLT CREDIT UNION (2.93%), TEAM ONE CREDIT UNION (2.93%) and 1st State Financial, Ltd. (2.96%).

SAGINAW, 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 2020 Loan Value 2021 Loan Value % Change 2021 Market Share
Frankenmuth Credit Union $159,125,000 $120,235,000 -24.4% 12.4%
QUICKEN LOANS, LLC $75,675,000 $85,850,000 13.4% 8.9%
1st State Financial, Ltd. $37,070,000 $41,415,000 11.7% 4.3%
The Huntington National Bank $37,410,000 $40,375,000 7.9% 4.2%
LAKE MICHIGAN CREDIT UNION $34,070,000 $35,975,000 5.6% 3.7%
Chambers Bank $32,360,000 n/a 3.3%
Independent Bank $28,470,000 $31,910,000 12.1% 3.3%
UNITED WHOLESALE MORTGAGE, LLC $14,205,000 $29,605,000 108.4% 3.1%
Wanigas Credit Union $36,485,000 $24,260,000 -33.5% 2.5%
Mercantile Bank of Michigan $6,860,000 $24,165,000 252.3% 2.5%
Wildfire Credit Union $16,340,000 $22,540,000 37.9% 2.3%
DOW CHEMICAL EMPLOYEES' $22,465,000 $21,915,000 -2.4% 2.3%
Isabella Bank $22,390,000 $20,370,000 -9.0% 2.1%
JOLT CREDIT UNION $12,070,000 $18,655,000 54.6% 1.9%
HEALTH ADVANTAGE FEDERAL CREDIT UNION $21,005,000 $16,995,000 -19.1% 1.8%
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP $9,945,000 $16,450,000 65.4% 1.7%
ACADEMY MORTGAGE CORPORATION $17,475,000 $16,045,000 -8.2% 1.7%
UNITED FINANCIAL Credit Union $14,665,000 $14,730,000 0.4% 1.5%
MID AMERICA MORTGAGE, INC. $9,135,000 $13,765,000 50.7% 1.4%
TEAM ONE CREDIT UNION $17,390,000 $13,670,000 -21.4% 1.4%
FREEDOM MORTGAGE CORPORATION $10,365,000 $12,470,000 20.3% 1.3%
Arbor Realty Trust, Inc. $11,725,000 n/a 1.2%
J. VIRGIL, INC. $9,430,000 $11,355,000 20.4% 1.2%
JPMorgan Chase Bank $8,575,000 $10,215,000 19.1% 1.1%
Mortgage Research Center, LLC $7,795,000 $10,185,000 30.7% 1.1%
ENVOY MORTGAGE, LTD $7,015,000 $9,975,000 42.2% 1.0%
Old National Bank $8,340,000 $9,580,000 14.9% 1.0%
UNION HOME MORTGAGE CORP. $7,655,000 $9,435,000 23.3% 1.0%
PNC Bank $8,435,000 $9,310,000 10.4% 1.0%
Mr. Cooper ( Nationstar Mortgage ) $3,830,000 $9,120,000 138.1% 0.9%
First Midwest Bank $9,005,000 n/a 0.9%
Fifth Third Bank $7,970,000 $8,680,000 8.9% 0.9%
TCF National Bank $12,020,000 $8,425,000 -29.9% 0.9%
Wells Fargo Bank $1,660,000 $7,950,000 378.9% 0.8%
Lake Huron Credit Union $6,420,000 $7,900,000 23.1% 0.8%
MORTGAGE 1 INCORPORATED $6,710,000 $7,320,000 9.1% 0.8%
Citizens Bank $6,040,000 $6,325,000 4.7% 0.7%
AMERIFIRST FINANCIAL CORPORATION $7,200,000 $6,300,000 -12.5% 0.7%
GreenStone Farm Credit Services, FLCA $6,115,000 $5,840,000 -4.5% 0.6%
The State Bank $5,340,000 $5,520,000 3.4% 0.6%
NEWREZ LLC $3,365,000 $5,160,000 53.3% 0.5%
LOANDEPOT.COM, LLC $4,030,000 $4,955,000 23.0% 0.5%
Flagstar Bank, FSB $4,315,000 $4,740,000 9.8% 0.5%
Bank of America $2,525,000 $4,435,000 75.6% 0.5%
NAVY FEDERAL CREDIT UNION $1,230,000 $3,865,000 214.2% 0.4%
CALIBER HOME LOANS, INC. $2,735,000 $3,735,000 36.6% 0.4%
ELGA CREDIT UNION $3,650,000 $3,490,000 -4.4% 0.4%
Carrington Mortgage Services, LLC $1,500,000 $3,280,000 118.7% 0.3%
AMERISAVE MORTGAGE CORPORATION $1,985,000 $3,240,000 63.2% 0.3%
PENNYMAC LOAN SERVICES, LLC $1,050,000 $3,030,000 188.6% 0.3%
BROKER SOLUTIONS, INC. $1,385,000 $2,895,000 109.0% 0.3%
Dort Financial Credit Union $1,295,000 $2,725,000 110.4% 0.3%
USAA Federal Savings Bank $1,350,000 $2,610,000 93.3% 0.3%
FINANCIAL PLUS CREDIT UNION $2,235,000 $2,580,000 15.4% 0.3%
LAKEVIEW LOAN SERVICING, LLC $555,000 $2,400,000 332.4% 0.2%
HOME POINT FINANCIAL CORPORATION $1,460,000 $2,320,000 58.9% 0.2%
First Guaranty Mortgage Corporation $775,000 $2,225,000 187.1% 0.2%
BETTER MORTGAGE CORPORATION $1,670,000 $2,075,000 24.3% 0.2%
CROSSCOUNTRY MORTGAGE, LLC $685,000 $2,040,000 197.8% 0.2%
GENISYS $605,000 $2,000,000 230.6% 0.2%
MEMBERS FIRST Credit Union $2,010,000 $2,000,000 -0.5% 0.2%
Preston Home Loans Inc $235,000 $1,975,000 740.4% 0.2%
United Bay Community Credit Union $2,410,000 $1,975,000 -18.0% 0.2%
MICHIGAN STATE UNIVERSITY FEDERAL CREDIT UNION $1,285,000 $1,930,000 50.2% 0.2%
SECURITY CREDIT UNION $1,460,000 $1,830,000 25.3% 0.2%
FinancialEdge Community Credit Union $345,000 $1,800,000 421.7% 0.2%
MICHIGAN MUTUAL, INC. $1,620,000 $1,715,000 5.9% 0.2%
GENEVA FINANCIAL, LLC $125,000 $1,685,000 1,248.0% 0.2%
GUARANTEED RATE, INC. $1,360,000 $1,680,000 23.5% 0.2%
Sunflower Bank $1,320,000 $1,665,000 26.1% 0.2%
MEMBER FIRST MORTGAGE, LLC $1,505,000 $1,600,000 6.3% 0.2%
FAIRWAY INDEPENDENT MORTGAGE CORPORATION $775,000 $1,480,000 91.0% 0.2%
Horizon Bank $8,765,000 $1,460,000 -83.3% 0.2%
VILLAGE CAPITAL & INVESTMENT LLC $1,825,000 $1,450,000 -20.5% 0.1%
NEW DAY FINANCIAL, LLC $1,440,000 $1,445,000 0.3% 0.1%
U.S. Bank $940,000 $1,420,000 51.1% 0.1%
FINANCE OF AMERICA MORTGAGE LLC $815,000 $1,400,000 71.8% 0.1%
ROYAL UNITED MORTGAGE LLC $695,000 $1,390,000 100.0% 0.1%
Ally Bank $755,000 $1,315,000 74.2% 0.1%
TOWNE MORTGAGE COMPANY $2,730,000 $1,185,000 -56.6% 0.1%
Level One Bank $505,000 $1,160,000 129.7% 0.1%
RUOFF MORTGAGE COMPANY, INC. $510,000 $1,095,000 114.7% 0.1%
ROSS MORTGAGE CORPORATION $1,670,000 $1,085,000 -35.0% 0.1%
SUCCESS MORTGAGE PARTNERS, INC. $715,000 $1,085,000 51.7% 0.1%
AMERICAN FINANCING CORPORATION $250,000 $1,060,000 324.0% 0.1%
Paramount Residential Mortgage Group, Inc. $1,040,000 n/a 0.1%
COPOCO Community Credit Union $855,000 $1,035,000 21.1% 0.1%
First Savings Bank $605,000 $1,025,000 69.4% 0.1%
Ottawa Savings Bank $1,015,000 n/a 0.1%
GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION $1,905,000 $1,010,000 -47.0% 0.1%
BLG HOLDINGS, INC. $890,000 $1,000,000 12.4% 0.1%
LENDINGHOME FUNDING CORPORATION $445,000 $930,000 109.0% 0.1%
SOFI LENDING CORP. $625,000 $890,000 42.4% 0.1%
Barrington Bank & Trust Company, N.A. $1,120,000 $855,000 -23.7% 0.1%
SOUTHWEST FUNDING, LP $920,000 $840,000 -8.7% 0.1%
SUNRISE FAMILY CREDIT UNION $270,000 $830,000 207.4% 0.1%
VAN DYK MORTGAGE CORPORATION $205,000 $785,000 282.9% 0.1%
MORTGAGE CENTER L.C $775,000 $770,000 -0.6% 0.1%
MICHIGAN SCHOOLS AND GOVERNMENT $815,000 $765,000 -6.1% 0.1%
RESIDENTIAL BANCORP. $735,000 n/a 0.1%
HOMEBRIDGE FINANCIAL SERVICES, INC. $605,000 $720,000 19.0% 0.1%
ARK-LA-TEX FINANCIAL SERVICES, LLC. $650,000 $680,000 4.6% 0.1%
CLEARPATH LENDING $995,000 $675,000 -32.2% 0.1%
21ST MORTGAGE CORPORATION $255,000 $665,000 160.8% 0.1%
Lakeview Community Capital, LLC $365,000 $665,000 82.2% 0.1%
GUARANTEED RATE AFFINITY, LLC $650,000 n/a 0.1%
MUTUAL OF OMAHA MORTGAGE, INC. $805,000 $610,000 -24.2% 0.1%
ADVISORS CAPITAL, INC. $250,000 $590,000 136.0% 0.1%
GUIDANCE RESIDENTIAL, LLC $580,000 n/a 0.1%
The Dart Bank $830,000 $580,000 -30.1% 0.1%
STOCKTON MORTGAGE CORPORATION $575,000 n/a 0.1%
Mid-Continent Funding, Inc. $570,000 n/a 0.1%
CHURCHILL MORTGAGE CORPORATION $990,000 $560,000 -43.4% 0.1%
HOMESTEAD FUNDING CORP. $560,000 n/a 0.1%
NETWORK CAPITAL FUNDING CORPORATION $545,000 n/a 0.1%
Farmers StateBank of Munith $390,000 $490,000 25.6% 0.1%
HOMESIDE FINANCIAL, LLC $490,000 n/a 0.1%
PLAZA HOME MORTGAGE, INC. $480,000 n/a 0.0%
PHH Mortgage Corporation $95,000 $460,000 384.2% 0.0%
Commercial Bank $285,000 $435,000 52.6% 0.0%
COMMUNITY FINANCIAL CREDIT UNION $290,000 $430,000 48.3% 0.0%
Manufacturers and Traders Trust Company $425,000 n/a 0.0%
First National Bank of America $415,000 n/a 0.0%
RELIANCE FIRST CAPITAL, LLC $410,000 n/a 0.0%
PRIMELENDING, A PLAINSCAPITAL COMPANY $2,370,000 $385,000 -83.8% 0.0%
AMERICAN MORTGAGE SERVICE COMPANY $375,000 n/a 0.0%
PREMIA MORTGAGE, LLC $375,000 n/a 0.0%
ChoiceOne Bank $1,060,000 $355,000 -66.5% 0.0%
FINANCE OF AMERICA COMMERCIAL LLC $345,000 n/a 0.0%
First State Bank $300,000 $345,000 15.0% 0.0%
The Central Trust Bank $345,000 n/a 0.0%
SUN WEST MORTGAGE COMPANY, INC. $215,000 $340,000 58.1% 0.0%
InterContinental Capital Group, Inc $540,000 $330,000 -38.9% 0.0%
Figure Lending LLC $25,000 $325,000 1,200.0% 0.0%
Bank of England $320,000 n/a 0.0%
DAS Acquisition Company, LLC $320,000 n/a 0.0%
Truist Bank $220,000 $320,000 45.5% 0.0%
Magnolia Bank $315,000 n/a 0.0%
FIRST COMMUNITY MORTGAGE, INC. $310,000 n/a 0.0%
PLANET HOME LENDING, LLC $95,000 $310,000 226.3% 0.0%
AMERICAN INTERNET MORTGAGE, INC. $305,000 n/a 0.0%
Commerce Home Mortgage, Inc. $305,000 n/a 0.0%
EMBRACE HOME LOANS, INC. $280,000 $305,000 8.9% 0.0%
Northstar Bank $505,000 $300,000 -40.6% 0.0%
INLANTA MORTGAGE, INC. $295,000 n/a 0.0%
UIF CORPORATION $105,000 $295,000 181.0% 0.0%
Servion, Inc. $340,000 $290,000 -14.7% 0.0%
BNC National Bank $235,000 $285,000 21.3% 0.0%
The Federal Savings Bank $185,000 $275,000 48.6% 0.0%
Northpointe Bank $1,100,000 $270,000 -75.5% 0.0%
OCEANSIDE MORTGAGE COMPANY $175,000 $270,000 54.3% 0.0%
Sierra Pacific Mortgage Company, Inc. $205,000 $270,000 31.7% 0.0%
Bank of Ann Arbor $265,000 n/a 0.0%
CHERRY CREEK MORTGAGE, LLC $325,000 $265,000 -18.5% 0.0%
DOMINION FINANCIAL SERVICES, LLC $265,000 n/a 0.0%
NORTHERN MORTGAGE SERVICES, LLC $195,000 $265,000 35.9% 0.0%
SPRING EQ, LLC $25,000 $265,000 960.0% 0.0%
Union Savings Bank $265,000 n/a 0.0%
ARBOR FINANCIAL CREDIT UNION $255,000 n/a 0.0%
KELLER MORTGAGE, LLC $245,000 $255,000 4.1% 0.0%
FIRST CENTENNIAL MORTGAGE CORPORATION $245,000 n/a 0.0%
AMERICAN ADVISORS GROUP $275,000 $240,000 -12.7% 0.0%
STAUNTON FINANCIAL, INC. $520,000 $240,000 -53.8% 0.0%
THRIVENT Federal Credit Union $65,000 $240,000 269.2% 0.0%
MORIA DEVELOPMENT, INC. $235,000 n/a 0.0%
MOVEMENT MORTGAGE, LLC $235,000 n/a 0.0%
CREDIT UNION ONE $3,735,000 $230,000 -93.8% 0.0%
VELOCITY COMMERCIAL CAPITAL, LLC $215,000 n/a 0.0%
BAYSHORE MORTGAGE FUNDING, LLC $210,000 n/a 0.0%
PENTAGON FEDERAL CREDIT UNION $160,000 $210,000 31.3% 0.0%
ANGEL OAK MORTGAGE SOLUTIONS LLC $115,000 $205,000 78.3% 0.0%
Gateway First Bank $205,000 n/a 0.0%
THE ANDERSON FINANCIAL GROUP, INC. $205,000 n/a 0.0%
The Park National Bank $205,000 n/a 0.0%
AMERICAN PACIFIC MORTGAGE CORPORATION $65,000 $200,000 207.7% 0.0%
MidFirst Bank $195,000 n/a 0.0%
Paramount Bank $145,000 $195,000 34.5% 0.0%
ACCELERATE MORTGAGE, LLC $185,000 n/a 0.0%
CMG MORTGAGE, INC. $330,000 $185,000 -43.9% 0.0%
TOP FLITE FINANCIAL, INC. $360,000 $180,000 -50.0% 0.0%
UNITED SECURITY FINANCIAL CORP $175,000 n/a 0.0%
US MORTGAGE CORPORATION $175,000 n/a 0.0%
ZILLOW HOME LOANS, LLC $175,000 n/a 0.0%
MMS MORTGAGE SERVICES, LTD. $155,000 $170,000 9.7% 0.0%
Comerica Bank $310,000 $165,000 -46.8% 0.0%
Commerce Bank $165,000 n/a 0.0%
Stifel Bank and Trust $265,000 $165,000 -37.7% 0.0%
SUMMIT FUNDING, INC. $1,080,000 $165,000 -84.7% 0.0%
T2 FINANCIAL LLC $515,000 $165,000 -68.0% 0.0%
AMERICAN FINANCIAL RESOURCES, INC. $415,000 $155,000 -62.7% 0.0%
POLARIS HOME FUNDING CORP. $95,000 $155,000 63.2% 0.0%
Strong Home Mortgage, LLC $155,000 n/a 0.0%
BM Real Estate Services, Inc. $145,000 n/a 0.0%
COMPASS MORTGAGE, INC. $145,000 n/a 0.0%
CONSUMERS $145,000 n/a 0.0%
Three Rivers Federal Credit Union $145,000 n/a 0.0%
TLC COMMUNITY Credit Union $145,000 n/a 0.0%
UNIVERSITY OF MICHIGAN CREDIT UNION $145,000 n/a 0.0%
Wyndham Capital Mortgage, Inc. $145,000 n/a 0.0%
Chicago Mortgage Solutions LLC $135,000 n/a 0.0%
EQUITY RESOURCES, INC. $135,000 n/a 0.0%
Meridian Trust Federal Credit Union $135,000 n/a 0.0%
NATIONS DIRECT MORTGAGE, LLC $75,000 $135,000 80.0% 0.0%
SOVEREIGN LENDING GROUP INCORPORATED $135,000 n/a 0.0%
Arvest Bank $125,000 n/a 0.0%
First Internet Bank of Indiana $125,000 n/a 0.0%
Low VA Rates, LLC $405,000 $125,000 -69.1% 0.0%
Prosperity Home Mortgage, LLC $280,000 $125,000 -55.4% 0.0%
Quontic Bank $125,000 n/a 0.0%
TRIAD FINANCIAL SERVICES, INC. $25,000 $120,000 380.0% 0.0%
GVC MORTGAGE, INC. $250,000 $115,000 -54.0% 0.0%
Plains Commerce Bank $115,000 n/a 0.0%
The Northern Trust Company $115,000 n/a 0.0%
ADVANTAGE ONE Credit Union $105,000 n/a 0.0%
Citibank $220,000 $105,000 -52.3% 0.0%
HIGHLANDS RESIDENTIAL MORTGAGE, LTD. $105,000 n/a 0.0%
Honor Credit Union $75,000 $105,000 40.0% 0.0%
Neighborhood Loans, Inc. $290,000 $105,000 -63.8% 0.0%
Platinum Home Mortgage Corporation $175,000 $105,000 -40.0% 0.0%
Adventure Credit Union $95,000 n/a 0.0%
GREENWOOD $95,000 n/a 0.0%
NBKC BANK $95,000 n/a 0.0%
PFCU $575,000 $95,000 -83.5% 0.0%
VIBE CREDIT UNION $95,000 n/a 0.0%
SWBC MORTGAGE CORPORATION $85,000 n/a 0.0%
AmeriHome Mortgage Company, LLC $550,000 $75,000 -86.4% 0.0%
CIVIC FINANCIAL SERVICES, LLC $75,000 n/a 0.0%
CRESCENT MORTGAGE COMPANY $75,000 n/a 0.0%
FIRST HERITAGE FINANCIAL, LLC $75,000 n/a 0.0%
Lake Trust Credit Union $70,000 n/a 0.0%
Zeal Credit Union $65,000 n/a 0.0%
DFCU FINANCIAL $55,000 n/a 0.0%
Hometown Lenders, Inc. $220,000 $55,000 -75.0% 0.0%
LIMA ONE CAPITAL, LLC $85,000 $55,000 -35.3% 0.0%
FirstBank $35,000 n/a 0.0%
LAFCU $210,000 $35,000 -83.3% 0.0%
SOVITA Credit Union $170,000 $35,000 -79.4% 0.0%
Thumb Bank and Trust $525,000 $35,000 -93.3% 0.0%
Tri-County Bank $415,000 $35,000 -91.6% 0.0%
Home Loan Investment Bank, F.S.B. $15,000 n/a 0.0%

SAGINAW's top lender by overall market share is Frankenmuth Credit Union, with 12.4% market share. In second place, with 8.9%, is QUICKEN LOANS, LLC, having originated $85,850,000 in loans. In third place, with 4.3%, is 1st State Financial, Ltd., having originated $41,415,000 in loans. In fourth place, with 4.2%, is The Huntington National Bank, having originated $40,375,000 in loans. In fifth place, with 3.7%, is LAKE MICHIGAN CREDIT UNION, having originated $35,975,000 in loans.


SAGINAW Housing Market Trends (Median, Average Prices & Listing Count)

Realtor.com - SAGINAW (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 $89,450 (-6.4%) $128,689 (-0.3%) 0.33 562
2018-02-01 $86,481 (-10.3%) $129,229 (0.8%) 0.31 542
2018-03-01 $87,125 (-3.2%) $131,117 (1.6%) 0.31 516
2018-04-01 $98,900 (8.4%) $136,482 (3.8%) 0.34 491
2018-05-01 $107,425 (4.9%) $148,642 (7.4%) 0.36 477
2018-06-01 $112,450 (6.4%) $153,196 (10.0%) 0.38 514
2018-07-01 $117,075 (6.5%) $154,973 (12.5%) 0.39 539
2018-08-01 $114,900 (4.5%) $150,892 (8.8%) 0.38 570
2018-09-01 $119,900 (9.1%) $156,322 (10.5%) 0.40 601
2018-10-01 $123,125 (21.9%) $156,617 (13.8%) 0.42 590
2018-11-01 $122,250 (23.2%) $153,680 (13.6%) 0.41 567
2018-12-01 $119,900 (27.2%) $151,128 (14.8%) 0.41 540
2019-01-01 $116,125 (29.8%) $147,294 (14.5%) 0.40 480
2019-02-01 $119,900 (38.6%) $149,555 (15.7%) 0.40 425
2019-03-01 $122,900 (41.1%) $157,759 (20.3%) 0.40 382
2019-04-01 $128,400 (29.8%) $164,683 (20.7%) 0.41 358
2019-05-01 $132,113 (23.0%) $173,453 (16.7%) 0.41 395
2019-06-01 $129,900 (15.5%) $165,464 (8.0%) 0.41 461
2019-07-01 $129,125 (10.3%) $171,906 (10.9%) 0.40 478
2019-08-01 $127,882 (11.3%) $170,174 (12.8%) 0.40 512
2019-09-01 $126,205 (5.3%) $165,402 (5.8%) 0.40 527
2019-10-01 $125,086 (1.6%) $162,273 (3.6%) 0.40 536
2019-11-01 $119,900 (-1.9%) $156,346 (1.7%) 0.39 523
2019-12-01 $119,900 (0.0%) $154,249 (2.1%) 0.40 460
2020-01-01 $116,324 (0.2%) $150,401 (2.1%) 0.39 404
2020-02-01 $107,500 (-10.3%) $144,745 (-3.2%) 0.35 369
2020-03-01 $109,150 (-11.2%) $152,058 (-3.6%) 0.34 307
2020-04-01 $118,650 (-7.6%) $156,232 (-5.1%) 0.37 291
2020-05-01 $124,900 (-5.5%) $165,997 (-4.3%) 0.38 263
2020-06-01 $129,950 (0.0%) $181,435 (9.7%) 0.38 213
2020-07-01 $129,400 (0.2%) $183,513 (6.8%) 0.38 205
2020-08-01 $139,900 (9.4%) $194,658 (14.4%) 0.40 216
2020-09-01 $130,400 (3.3%) $195,453 (18.2%) 0.37 250
2020-10-01 $129,900 (3.9%) $204,829 (26.2%) 0.37 263
2020-11-01 $132,400 (10.4%) $186,861 (19.5%) 0.39 241
2020-12-01 $124,400 (3.8%) $178,091 (15.5%) 0.37 212
2021-01-01 $99,900 (-14.1%) $170,478 (13.4%) 0.30 163
2021-02-01 $112,250 (4.4%) $187,339 (29.4%) 0.33 141
2021-03-01 $104,875 (-3.9%) $172,646 (13.5%) 0.30 126
2021-04-01 $110,975 (-6.5%) $186,320 (19.3%) 0.30 115
2021-05-01 $135,000 (8.1%) $213,424 (28.6%) 0.36 136
2021-06-01 $136,300 (4.9%) $201,810 (11.2%) 0.36 192
2021-07-01 $139,700 (8.0%) $195,543 (6.6%) 0.37 232
2021-08-01 $141,400 (1.1%) $192,327 (-1.2%) 0.38 283
2021-09-01 $117,450 (-9.9%) $173,563 (-11.2%) 0.31 298
2021-10-01 $119,900 (-7.7%) $180,674 (-11.8%) 0.32 304
2021-11-01 $122,400 (-7.6%) $179,429 (-4.0%) 0.33 313
2021-12-01 $114,625 (-7.9%) $177,361 (-0.4%) 0.31 282
2022-01-01 $99,900 (0.0%) $170,028 (-0.3%) 0.27 221
2022-02-01 $104,888 (-6.6%) $181,105 (-3.3%) 0.27 195
2022-03-01 $114,325 (9.0%) $186,671 (8.1%) 0.29 183
2022-04-01 $142,900 (28.8%) $209,856 (12.6%) 0.34 167
2022-05-01 $143,950 (6.6%) $197,397 (-7.5%) 0.33 179
2022-06-01 $147,400 (8.1%) $206,292 (2.2%) 0.33 217
2022-07-01 $164,000 (17.4%) $227,114 (16.2%) 0.37 257
2022-08-01 $159,450 (12.8%) $215,749 (12.2%) 0.37 322
2022-09-01 $152,450 (29.8%) $205,925 (18.7%) 0.36 318
2022-10-01 $159,900 (33.4%) $207,479 (14.8%) 0.38 309
2022-11-01 $139,900 (14.3%) $198,029 (10.4%) 0.34 313
SAGINAW's median listing price for 2022-11-01 was $139,900, a difference of $17,500 (14.3%) versus the prior year and $-20,000 versus the prior month.

SAGINAW's median listing price comes in at 34% of the national average.

SAGINAW's average listing price for 2022-11-01 was $198,029, a difference of $18,600 (10.4%) versus the prior year and $-9,450 versus the prior month.

For the 2022-11-01 period, SAGINAW had 313 MLS listings, a difference of 4 listings (1%) versus the prior month and 0 listings (0%) versus the prior year.

Median Listing Time on Market & Square Footage

Realtor.com - SAGINAW (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Time on Market Median Square Footage
2018-01-01 84 days 1,453 sqft
2018-02-01 87 days 1,433 sqft
2018-03-01 72 days 1,449 sqft
2018-04-01 69 days 1,460 sqft
2018-05-01 53 days 1,482 sqft
2018-06-01 47 days 1,506 sqft
2018-07-01 50 days 1,537 sqft
2018-08-01 47 days 1,505 sqft
2018-09-01 52 days 1,469 sqft
2018-10-01 53 days 1,536 sqft
2018-11-01 60 days 1,532 sqft
2018-12-01 75 days 1,520 sqft
2019-01-01 85 days 1,479 sqft
2019-02-01 89 days 1,519 sqft
2019-03-01 79 days 1,521 sqft
2019-04-01 67 days 1,538 sqft
2019-05-01 44 days 1,530 sqft
2019-06-01 38 days 1,521 sqft
2019-07-01 46 days 1,575 sqft
2019-08-01 51 days 1,563 sqft
2019-09-01 52 days 1,546 sqft
2019-10-01 55 days 1,534 sqft
2019-11-01 60 days 1,520 sqft
2019-12-01 73 days 1,532 sqft
2020-01-01 81 days 1,512 sqft
2020-02-01 81 days 1,454 sqft
2020-03-01 64 days 1,474 sqft
2020-04-01 74 days 1,482 sqft
2020-05-01 78 days 1,458 sqft
2020-06-01 50 days 1,543 sqft
2020-07-01 35 days 1,549 sqft
2020-08-01 31 days 1,580 sqft
2020-09-01 28 days 1,564 sqft
2020-10-01 33 days 1,572 sqft
2020-11-01 39 days 1,523 sqft
2020-12-01 46 days 1,494 sqft
2021-01-01 52 days 1,422 sqft
2021-02-01 44 days 1,442 sqft
2021-03-01 37 days 1,392 sqft
2021-04-01 28 days 1,406 sqft
2021-05-01 17 days 1,496 sqft
2021-06-01 22 days 1,465 sqft
2021-07-01 24 days 1,422 sqft
2021-08-01 28 days 1,470 sqft
2021-09-01 35 days 1,403 sqft
2021-10-01 39 days 1,405 sqft
2021-11-01 46 days 1,390 sqft
2021-12-01 54 days 1,372 sqft
2022-01-01 66 days 1,323 sqft
2022-02-01 69 days 1,354 sqft
2022-03-01 41 days 1,367 sqft
2022-04-01 31 days 1,458 sqft
2022-05-01 25 days 1,429 sqft
2022-06-01 26 days 1,457 sqft
2022-07-01 31 days 1,524 sqft
2022-08-01 32 days 1,501 sqft
2022-09-01 44 days 1,456 sqft
2022-10-01 49 days 1,493 sqft
2022-11-01 46 days 1,473 sqft
SAGINAW's median listing age (time on market) for 2022-11-01 was 46 days. This is -2% shorter than the same period one year ago.

SAGINAW's median square footage for active listings during the 2022-11-01 period was 1,473 sqft. One year prior, the average listing was 1,390 sqft.

SAGINAW, MI Average Rent (2022)

Zoom/scroll map to see average rent by zip code. Subscribers can configure state/metro/county granularity, assorted fields and quantity of results.

For additional perspective within a market, below is information regarding the average rents (as defined by HUD) for zip codes within the metro area. Descriptive statistics (average, median) are shown below the table.
Zip Code Metro Studio Apartment Rent 1BR Apartment Rent 2BR Apartment Rent 3BR Apartment Rent 4BR Apartment Rent
48415 Saginaw, MI $570 $650 $860 $1,070 $1,170
48417 Saginaw, MI $680 $780 $1,020 $1,270 $1,380
48420 Saginaw, MI $500 $600 $760 $950 $1,030
48457 Saginaw, MI $550 $640 $820 $1,030 $1,110
48460 Saginaw, MI $550 $580 $760 $990 $1,070
48601 Saginaw, MI $510 $590 $770 $960 $1,040
48602 Saginaw, MI $520 $600 $790 $990 $1,070
48603 Saginaw, MI $640 $730 $960 $1,200 $1,300
48604 Saginaw, MI $600 $680 $900 $1,130 $1,220
48605 Saginaw, MI $550 $630 $830 $1,040 $1,130
48606 Saginaw, MI $550 $630 $830 $1,040 $1,130
48607 Saginaw, MI $520 $600 $790 $990 $1,070
48608 Saginaw, MI $550 $630 $830 $1,040 $1,130
48609 Saginaw, MI $500 $580 $760 $950 $1,030
48614 Saginaw, MI $600 $690 $910 $1,140 $1,230
48616 Saginaw, MI $520 $580 $760 $950 $1,030
48623 Saginaw, MI $700 $800 $1,060 $1,330 $1,450
48626 Saginaw, MI $500 $580 $760 $1,060 $1,190
48637 Saginaw, MI $560 $640 $850 $1,070 $1,190
48638 Saginaw, MI $550 $630 $830 $1,040 $1,130
48649 Saginaw, MI $540 $620 $810 $1,010 $1,100
48655 Saginaw, MI $520 $600 $790 $990 $1,070
48708 Saginaw, MI $500 $590 $760 $1,000 $1,080
48722 Saginaw, MI $500 $580 $760 $950 $1,030
48724 Saginaw, MI $580 $660 $860 $1,080 $1,170
48734 Saginaw, MI $500 $580 $760 $950 $1,030
48747 Saginaw, MI $630 $740 $950 $1,240 $1,350
48757 Saginaw, MI $500 $580 $760 $950 $1,030
48768 Saginaw, MI $550 $630 $830 $1,040 $1,130
48807 Saginaw, MI $640 $670 $820 $1,060 $1,140
48831 Saginaw, MI $640 $670 $830 $1,070 $1,140
48841 Saginaw, MI $650 $750 $990 $1,230 $1,350
48867 Saginaw, MI $570 $580 $760 $1,010 $1,090

2022 Average & Median Rent Data Statistics
SAGINAW, MI average 1BR rent: $639, median: $630
SAGINAW, MI average 2BR rent: $834, median: $820
SAGINAW, MI average 3BR rent: $1,055, median: $1,040

SAGINAW, MI Market Loan Reason

Loan Purpose Originations Total Value Average Loan
Home Purchase 2,471 $465,765,000 $188,493
Refi 1,913 $283,055,000 $147,964
Cash Out Refi 1,391 $193,055,000 $138,789
Home Improvement 159 $11,715,000 $73,679
Other 137 $14,785,000 $107,920

Saginaw's most frequently cited loan purpose was Home Purchase, with 2,471 originations. The 2nd most popular reason was Refi, with 1,913 originations.

Interest Rate Frequencies

Loan Rate Originations Total Value Average Loan
3-4% 2,141 $383,855,000 $179,288
2.5-3% 2,055 $339,645,000 $165,277
<2.5% 1,120 $171,120,000 $152,786
4-5% 291 $32,655,000 $112,216
5-6% 104 $8,770,000 $84,327
7-8% 51 $2,775,000 $54,412
6-7% 43 $1,965,000 $45,698
Over 8% 28 $1,170,000 $41,786

During 2021, Saginaw's most frequently originated rate bucket was 3-4%, with 2,141 originations.

Loan Sizing (SAGINAW, MI MSA)

Loan Size Originations Total Value Average Loan
$100k-200k 2,727 $381,495,000 $139,895
$100,000 or less 2,174 $144,630,000 $66,527
$200k-400k 1,015 $267,795,000 $263,837
$400k-600k 127 $59,855,000 $471,299
$Over $1MM 17 $106,345,000 $6,255,588
$600k-1000k 11 $8,255,000 $750,455

SAGINAW's loan sizing saw the bucket of loans from $100k-200k with 2,727 originations, totaling $381,495,000 in origination value.

LTV Distribution

Loan to Value Originations Total Value Average Loan
80-100% 2,311 $399,215,000 $172,746
60-80% 2,127 $379,285,000 $178,319
40-60% 788 $108,690,000 $137,931
20-40% 287 $24,225,000 $84,408
Under 20% 142 $3,570,000 $25,141
Over 100% 31 $6,105,000 $196,935

SAGINAW's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 2,311 originations, totaling $399,215,000 in origination value.