Michigan Mortgage Rates & Closing Costs

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

30 Year Fixed Rate mortgages in Michigan averaged 7.19% for the week of 2023-09-21, compared to the national average of 7.19% for the same period.

The average rate for the prior week (2023-09-14) was 7.18% and one month ago for the week of 2023-08-17, the average rate was 7.19%.

Michigan's average rate one year ago was 5.92%.

For refis of the same type during the week of 2023-09-21, the average rate was 6.72%.

Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within Michigan.

Name	# of Loans	2022 Avg. 30yFix Rate	2022 Avg. Closing Costs
QUICKEN LOANS, LLC	12,640	5.02%	$5,210
UNITED WHOLESALE MORTGAGE, LLC	10,961	5.19%	$4,972
LAKE MICHIGAN CREDIT UNION	5,554	4.69%	$3,548
The Huntington National Bank	3,611	4.62%	$3,766
JPMorgan Chase Bank	3,286	4.76%	$3,070
Flagstar Bank, FSB	2,956	5.11%	$3,678
MORTGAGE 1 INCORPORATED	2,893	5.38%	$4,508
Fifth Third Bank	1,983	4.85%	$3,460
CALIBER HOME LOANS, INC.	1,774	5.11%	$4,629
Independent Bank	1,770	5.00%	$3,677
CROSSCOUNTRY MORTGAGE, LLC	1,533	5.46%	$5,241
UNION HOME MORTGAGE CORP.	1,499	5.33%	$4,708
CONSUMERS	1,491	5.40%	$2,924
Neighborhood Loans, Inc.	1,404	5.49%	$4,773
MORTGAGE CENTER L.C	1,357	4.58%	$2,906
STAUNTON FINANCIAL, INC.	1,342	5.16%	$4,110
Mercantile Bank of Michigan	1,262	4.81%	$3,511
MICHIGAN STATE UNIVERSITY FEDERAL CREDIT UNION	1,227	4.68%	$3,409
The Dart Bank	1,169	5.20%	$3,550
MICHIGAN MUTUAL, INC.	1,103	5.21%	$4,940
GUARANTEED RATE, INC.	1,096	5.15%	$4,220
AMERIFIRST FINANCIAL CORPORATION	1,030	5.40%	$4,679
LOANDEPOT.COM, LLC	954	4.55%	$5,340
GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION	945	5.19%	$4,532
Mr. Cooper ( Nationstar Mortgage )	942	4.81%	$6,792
Wells Fargo Bank	896	4.72%	$3,896
PRIMELENDING, A PLAINSCAPITAL COMPANY	893	5.35%	$4,743
HOME POINT FINANCIAL CORPORATION	882	4.89%	$4,913
Bank of America	845	4.25%	$3,257
J. VIRGIL, INC.	827	5.44%	$5,286
MICHIGAN SCHOOLS AND GOVERNMENT	797	4.44%	$2,754
GENISYS	769	4.55%	$2,857
EVERETT FINANCIAL, INC.	760	5.47%	$1,822
First Merchants Bank	747	4.79%	$3,624
MICHIGAN FIRST CREDIT UNION	726	4.89%	$3,649
PNC Bank	725	4.71%	$3,720
Citizens Bank	723	4.64%	$4,238
DFCU FINANCIAL	708	4.80%	$4,052
SUCCESS MORTGAGE PARTNERS, INC.	641	5.22%	$5,867
Frankenmuth Credit Union	610	5.32%	$1,995
Old National Bank	607	4.81%	$3,256
First State Bank	590	4.99%	$3,387
Northpointe Bank	541	4.79%	$4,276
FAIRWAY INDEPENDENT MORTGAGE CORPORATION	528	5.17%	$4,627
AMERISAVE MORTGAGE CORPORATION	525	4.58%	$6,554
UNITED	518	5.13%	$3,888
OAK MORTGAGE, LLC	493	4.80%	$3,130
RUOFF MORTGAGE COMPANY, INC.	479	5.27%	$3,463
U.S. Bank	466	4.75%	$3,658
NORTHERN MORTGAGE SERVICES, LLC	466	5.33%	$5,230
CHURCHILL MORTGAGE CORPORATION	444	5.32%	$4,082
ChoiceOne Bank	441	5.17%	$2,889
ACADEMY MORTGAGE CORPORATION	414	5.30%	$4,615
ROSS MORTGAGE CORPORATION	412	5.45%	$3,871
DOW CHEMICAL EMPLOYEES'	411	5.15%	$3,000
BROKER SOLUTIONS, INC.	407	5.14%	$5,455
VAN DYK MORTGAGE CORPORATION	393	5.35%	$3,507
ARK-LA-TEX FINANCIAL SERVICES, LLC.	379	5.39%	$4,697
The State Bank	379	4.64%	$2,976
CMG MORTGAGE, INC.	373	5.23%	$5,331
UNIVERSITY LENDING GROUP, LLC	367	4.77%	$4,541
CARDINAL FINANCIAL	354	5.21%	$4,704
Hometown Lenders, Inc.	354	5.12%	$4,990
GreenStone Farm Credit Services, FLCA	351	5.77%	$4,380
FREEDOM MORTGAGE CORPORATION	350	4.95%	$5,049
PULTE MORTGAGE LLC	345	4.91%	$3,014
Preston Home Loans Inc	342	5.34%	$4,696
COMMUNITY FINANCIAL CREDIT UNION	325	5.00%	$2,853
Platinum Home Mortgage Corporation	313	5.06%	$4,148
NEWREZ LLC	306	4.75%	$4,992
PENNYMAC LOAN SERVICES, LLC	304	4.84%	$5,458
Nicolet National Bank	298	5.09%	$2,987
Horizon Bank	289	5.18%	$3,139
BETTER MORTGAGE CORPORATION	287	4.15%	$3,934
Honor Credit Union	283	4.61%	$2,838
INLANTA MORTGAGE, INC.	282	5.37%	$3,858
NAVY FEDERAL CREDIT UNION	273	5.49%	$3,488
ARBOR FINANCIAL CREDIT UNION	270	5.14%	$3,563
MID AMERICA MORTGAGE, INC.	252	5.31%	$4,058
STOCKTON MORTGAGE CORPORATION	244	5.34%	$5,802
United Bank of Michigan	242	5.00%	$2,520
Isabella Bank	238	4.95%	$2,677
MEMBER FIRST MORTGAGE, LLC	237	4.97%	$3,382
FINANCE OF AMERICA MORTGAGE LLC	236	5.16%	$4,696
UNIVERSITY OF MICHIGAN CREDIT UNION	234	4.74%	$2,864
Dort Financial Credit Union	225	4.32%	$2,676
CREDIT UNION ONE	217	5.25%	$3,041
County National Bank	211	5.26%	$3,915
Kellogg Community Credit Union	211	5.08%	$2,480
TOWNE MORTGAGE COMPANY	204	5.23%	$3,980
First Federal Bank of the Midwest	204	4.96%	$3,594
Ally Bank	201	4.60%	$3,685
HIGHLANDS RESIDENTIAL MORTGAGE, LTD.	194	4.77%	$4,627
Range Bank	193	5.03%	$3,577
Comerica Bank	193	4.96%	$3,307
Morgan Stanley Private Bank	192	3.87%	$3,682
UIF CORPORATION	191	5.41%	$4,058
TLC COMMUNITY Credit Union	190	5.24%	$2,714
Wildfire Credit Union	188	4.63%	$2,194
Bank of Ann Arbor	184	4.89%	$3,305
Associated Bank	179	4.83%	$5,575
HOMESITE MORTGAGE, LLC	178	4.72%	$4,177
IncredibleBank	178	5.11%	$2,520
ENVOY MORTGAGE, LTD	178	5.25%	$4,426
MUTUAL OF OMAHA MORTGAGE, INC.	177	5.10%	$5,781
M/I FINANCIAL, LLC	176	4.54%	$7,232
Macatawa Bank	176	4.60%	$2,931
BLG HOLDINGS, INC.	175	4.99%	$5,140
TEAM ONE CREDIT UNION	175	5.07%	$1,031
LAKEVIEW LOAN SERVICING, LLC	174	4.78%	$4,595
KeyBank	172	4.49%	$3,689
First Savings Bank	172	4.83%	$5,232
Carrington Mortgage Services, LLC	168	5.18%	$6,314
ROYAL UNITED MORTGAGE LLC	167	5.39%	$6,738
GVC MORTGAGE, INC.	161	5.59%	$5,609
DAS Acquisition Company, LLC	156	5.87%	$6,333
PLAZA HOME MORTGAGE, INC.	155	5.37%	$5,346
MEMBERS FIRST Credit Union	149	5.08%	$2,292
1st State Financial, Ltd.	147	4.63%	$2,414
MMS MORTGAGE SERVICES, LTD.	146	5.10%	$3,437
Sunflower Bank	139	4.98%	$3,790
LEGEND LENDING CORPORATION	133	6.40%	$4,623
Plains Commerce Bank	130	4.96%	$3,869
VIBE CREDIT UNION	126	4.61%	$3,478
HOWARD HANNA FINANCIAL SERVICES, INC.	124	5.17%	$4,221
CHERRY CREEK MORTGAGE, LLC	121	5.20%	$628
OMNI Community Credit Union	117	5.21%	$4,288
PFCU	114	5.04%	$2,713
CREDIT UNION MORTGAGE ASSOCIATION, INC.	112	3.88%	$3,281
Nations Lending Corporation	107	5.21%	$5,557
FINANCIAL PLUS CREDIT UNION	106	5.19%	$3,474
HOMESIDE FINANCIAL, LLC	105	4.90%	$5,136
TOP FLITE FINANCIAL, INC.	103	5.42%	$7,450
T2 FINANCIAL LLC	102	5.61%	$5,735
Michigan Educational Credit Union	98	4.76%	$3,414
Grand River Bank	96	4.87%	$3,686
Circle Federal Credit Union	91	5.06%	$2,893
Mortgage Research Center, LLC	90	5.09%	$3,876
PREMIA MORTGAGE, LLC	90	5.34%	$1,775
University Bank	85	6.05%	$4,435
AMERICAN FINANCING CORPORATION	85	4.35%	$5,579
Dearborn Federal Savings Bank	85	4.56%	$2,876
ZILLOW HOME LOANS, LLC	84	5.33%	$4,812
THE ANDERSON FINANCIAL GROUP, INC.	83	5.12%	$3,709
PHH Mortgage Corporation	82	4.76%	$5,677
MOVEMENT MORTGAGE, LLC	82	5.35%	$4,027
First Federal Savings and Loan Association of Lakewood	81	5.02%	$3,943
LAFCU	80	4.96%	$3,092
SECURITY CREDIT UNION	79	4.82%	$2,103
GENEVA FINANCIAL, LLC	78	5.36%	$5,365
USAA Federal Savings Bank	75	5.75%	$4,625
CoVantage Credit Union	75	5.14%	$2,446
GUARANTY HOME MORTGAGE CORPORATION	73	5.18%	$4,210
FIRST COMMUNITY MORTGAGE, INC.	72	6.63%	$6,073
MARSHALL COMMUNITY CREDIT UNION	71	5.25%	$2,240
Discover Bank	71	5.72%	$0
Polish-American Federal Credit Union	71	3.60%	$2,685
UBS Bank USA	70	3.99%	$4,266
KELLER MORTGAGE, LLC	69	4.45%	$2,978
AmeriHome Mortgage Company, LLC	69	4.76%	$4,718
M&T Bank	69	4.78%	$4,980
PROVIDENT FUNDING ASSOCIATES, L.P.	67	5.03%	$3,693
SUMMIT HOME MORTGAGE, LLC	67	5.29%	$4,134
Southern Michigan Bank & Trust	64	5.29%	$3,005
Wanigas Credit Union	64	4.88%	$2,275
CORNERSTONE HOME LENDING, INC.	63	5.56%	$5,351
Stifel Bank and Trust	62	3.53%	$2,507
North American Savings Bank, F.S.B.	62	4.84%	$3,511
TEACHERS CREDIT UNION	60	5.30%	$2,886
Commercial Bank	60	4.87%	$3,058
AAC Credit Union	59	5.45%	$2,584
FIRST CHOICE MH LLC	59	9.00%	$2,512
Bank of England	58	5.21%	$4,726
Citibank	56	4.04%	$5,088
1st Source Bank	56	4.88%	$4,205
Paramount Residential Mortgage Group, Inc.	56	5.04%	$6,050
HEALTH ADVANTAGE FEDERAL CREDIT UNION	55	5.70%	$2,550
Charles Schwab Bank, SSB	55	3.79%	$3,982
HOMEBRIDGE FINANCIAL SERVICES, INC.	54	5.62%	$5,900
TBI MORTGAGE COMPANY	54	4.47%	$6,782
AMERICAN PORTFOLIO MORTGAGE CORPORATION	54	5.47%	$3,564
Chicago Mortgage Solutions LLC	53	3.67%	$2,346
EQUITY RESOURCES, INC.	53	4.87%	$3,149
Waterstone Mortgage Corporation	53	5.43%	$4,104
GUIDANCE RESIDENTIAL, LLC	53	5.23%	$4,472
Extra	52	5.36%	$2,984
First Guaranty Mortgage Corporation	51	4.14%	$5,076
Prosperity Home Mortgage, LLC	51	4.94%	$4,828
Raymond James Bank	50	3.53%	$2,976
HANCOCK MORTGAGE PARTNERS, LLC	50	5.28%	$4,774
Notre Dame Federal Credit Union Corporation	49	5.02%	$4,617
NATIONAL COOPERATIVE BANK, N.A.	49	5.73%	$3,836
Pacor Mortgage Corp	48	4.88%	$3,928
CONTOUR MORTGAGE CORPORATION	47	5.79%	$6,266
MICHIGAN ONE COMMUNITY Credit Union	45	5.21%	$3,514
NBKC BANK	45	4.63%	$3,370
AMERICAN PACIFIC MORTGAGE CORPORATION	45	5.49%	$5,336
Ixonia Bank	45	5.01%	$3,848
Directions Credit Union, Inc.	43	5.41%	$2,790
ANGEL OAK MORTGAGE SOLUTIONS LLC	43	6.73%	$7,897
POLARIS HOME FUNDING CORP.	43	5.23%	$4,899
Adventure Credit Union	42	4.79%	$2,659
FIRST HERITAGE FINANCIAL, LLC	42	5.20%	$5,511
Luxury Mortgage Corp.	41	5.29%	$7,690
WINGS FINANCIAL	41	4.65%	$2,857
First National Bank of America	41	8.30%	$7,555
ALLIANCE CATHOLIC CREDIT UNION	41	5.00%	$3,738
NEW ENGLAND FEDERAL CREDIT UNION	41	3.99%	$2,723
ELGA CREDIT UNION	40	4.73%	$3,516
DRAPER AND KRAMER MORTGAGE CORP.	40	4.84%	$3,897
UNITED FINANCIAL Credit Union	40	5.02%	$2,667
NATIONS DIRECT MORTGAGE, LLC	39	5.63%	$10,571
Wyndham Capital Mortgage, Inc.	37	4.82%	$2,555
ADVANTAGE ONE Credit Union	35	4.94%	$3,216
DEEPHAVEN MORTGAGE LLC	35	7.60%	$10,316
PREFERRED CREDIT UNION	35	5.04%	$3,568
LAND HOME FINANCIAL SERVICES, INC.	34	5.50%	$4,286
MONROE COUNTY COMMUNITY CREDIT UNION	33	5.37%	$2,398
HALLMARK HOME MORTGAGE, LLC	33	5.65%	$4,809
RESIDENTIAL BANCORP	33	4.89%	$6,018
COMPASS MORTGAGE, INC.	33	5.11%	$4,849
BAY EQUITY LLC	32	5.71%	$5,400
DIAMOND RESIDENTIAL MORTGAGE CORPORATION	32	5.41%	$4,265
PLANET HOME LENDING, LLC	32	4.60%	$4,251
TJC Mortgage, Inc.	32	4.71%	$6,739
Truist	32	4.67%	$4,579
BMO Harris Bank	31	4.62%	$6,173
NEXERA HOLDING LLC	29	7.99%	$8,604
PROPER RATE, LLC	29	5.08%	$5,548
KALSEE CREDIT UNION	28	5.79%	$3,227
Community West Credit Union	28	4.88%	$3,953
St James Mortgage Corporation	28	4.58%	$2,187
FIRST CENTENNIAL MORTGAGE CORPORATION	28	5.33%	$4,225
Auto Club Trust, FSB	28	4.80%	$2,473
PENTAGON FEDERAL CREDIT UNION	28	4.51%	$5,345
Florida Capital Bank	28	5.29%	$4,277
Quontic Bank	28	7.04%	$10,014
MORTGAGE ACCESS CORP.	27	5.01%	$4,521
ANGEL OAK HOME LOANS LLC	27	6.23%	$6,103
EMM LOANS LLC	27	5.64%	$6,607
INSPIRE HOME LOANS INC.	27	5.26%	$6,095
RBC Bank, (Georgia)	27	5.05%	$1,984
Barrington Bank & Trust Company, N.A.	27	5.33%	$5,315
GUARANTEED RATE AFFINITY, LLC	25	4.96%	$2,919
First Federal Savings Bank	25	5.34%	$3,930
LOANPAL, LLC	24	4.34%	$5,793
PRIMARY RESIDENTIAL MORTGAGE, INC.	24	5.25%	$5,084
Arvest Bank	23	5.02%	$5,051
Century Mortgage Company DBA Century Lending Company	23	5.62%	$7,476
The Stephenson National Bank and Trust	23	4.94%	$2,190
NexBank	23	4.99%	$7,123
SUN WEST MORTGAGE COMPANY, INC.	22	5.40%	$6,489
RELIANCE FIRST CAPITAL, LLC	22	5.40%	$7,624
The State Bank and Trust Company	22	4.49%	$4,029
American Mortgage & Equity Consultants, Inc.	22	5.34%	$5,141
The Federal Savings Bank	22	4.84%	$7,217
Lakeview Community Capital, LLC	22	4.77%	$3,566
AMERICAN INTERNET MORTGAGE, INC.	21	3.89%	$4,501
SOFI LENDING CORP.	21	3.71%	$3,818
Zeal Credit Union	21	3.28%	$2,760
Servion, Inc.	20	4.70%	$3,529
DIGITAL Federal Credit Union	20	4.33%	$3,861
CIBC Bank USA	20	4.09%	$4,851
NETWORK CAPITAL FUNDING CORPORATION	20	5.20%	$4,951
West Michigan Credit Union	20	4.97%	$4,015
Total Community Credit Union	19	4.57%	$2,825
First Internet Bank of Indiana	19	4.68%	$3,818
FinancialEdge Community Credit Union	19	5.28%	$2,116
FirstBank	19	3.69%	$2,909
ARC HOME LLC	19	5.91%	$6,330
US MORTGAGE CORPORATION	18	5.42%	$5,389
Michigan Legacy Credit Union	18	5.05%	$3,239
Northwest Bank	18	5.28%	$4,708
NATIONS RELIABLE LENDING, LLC	17	5.04%	$5,888
MORIA DEVELOPMENT, INC.	17	5.42%	$5,661
SIRVA MORTGAGE, INC.	17	4.92%	$2,459
NATIONWIDE MORTGAGE BANKERS, INC.	17	6.33%	$8,188
BLUELEAF LENDING, LLC	17	4.39%	$4,289
HOMESTEAD FUNDING CORP.	17	4.90%	$4,818
INTERRA CREDIT UNION	16	5.66%	$3,507
Semper Home Loans, Inc.	16	6.34%	$4,243
Farmers State Bank	16	4.46%	$3,175
Goldman Sachs Bank USA	16	3.68%	$4,590
DELMAR FINANCIAL COMPANY	16	5.35%	$5,360
SUMMIT FUNDING, INC.	16	4.35%	$5,092
Baxter Credit Union	15	4.57%	$3,263
HAMILTON HOME LOANS, INC.	15	5.51%	$5,761
Citadel Servicing Corporation	15	7.34%	$8,792
Sierra Pacific Mortgage Company, Inc.	15	4.92%	$8,219
CIBM Bank	14	4.67%	$3,256
HOMEXPRESS MORTGAGE CORP.	14	7.69%	$10,494
RIVER VALLEY CREDIT UNION	14	4.84%	$3,063
BNC National Bank	14	4.59%	$3,732
Meijer Credit Union	14	5.41%	$2,936
GSF Mortgage Corporation	14	6.02%	$4,281
Austin Capital Bank SSB	13	6.28%	$6,204
Bankers' Bank	13	5.72%	$3,306
GREENSTATE CREDIT UNION	13	5.74%	$3,552
ALLIED MORTGAGE GROUP, INC.	13	5.82%	$3,824
LENDSURE MORTGAGE CORP.	13	7.40%	$9,339
Warsaw Federal Savings and Loan Association	12	6.76%	$3,315
Lake Huron Credit Union	12	4.18%	$3,296
Strong Home Mortgage, LLC	12	3.92%	$2,795
PLUS RELOCATION MORTGAGE, LLC	12	5.61%	$3,492
OCMBC, INC.	11	5.18%	$5,817
SOUTHWEST FUNDING, LP	11	5.35%	$7,707
GUILD MORTGAGE COMPANY	11	5.08%	$4,595
Public Service Credit Union	11	5.34%	$3,819
EMBRACE HOME LOANS, INC.	11	4.70%	$4,207
Toyota Financial Savings Bank	11	4.63%	$4,747
BNY Mellon	10	3.68%	$5,071
Beeline Loans, Inc.	10	4.82%	$3,801
CITIZENS EQUITY FIRST	10	4.38%	$2,620
INLAND BANK & TRUST	10	4.73%	$4,425
Lake City Bank	10	4.25%	$2,977
The Farmers & Merchants State Bank	10	4.59%	$3,426
THRIVENT Federal Credit Union	10	3.91%	$3,638
UNITED MORTGAGE CORP	10	5.40%	$5,732
VANDERBILT MORTGAGE AND FINANCE, INC.	10	4.63%	$3,357
S1L, Inc.	9	5.30%	$7,192
Union Savings Bank	9	3.92%	$3,191
FBC MORTGAGE, LLC	9	3.94%	$2,880
IMPAC MORTGAGE CORP.	9	5.44%	$3,498
SUNRISE FAMILY CREDIT UNION	9	4.49%	$2,411
The Northern Trust Company	9	3.97%	$5,396
INOVA FEDERAL CREDIT UNION	9	5.06%	$3,948
South Metro Federal Credit Union	9	4.71%	$2,968
AMERICAN FINANCIAL RESOURCES, INC.	9	5.07%	$5,172
City National Bank	9	4.38%	$5,023
KENT COUNTY CREDIT UNION	9	5.35%	$2,122
The Central Trust Bank	9	4.96%	$4,381
Texana Bank	9	4.78%	$6,732
BAYSHORE MORTGAGE FUNDING, LLC	8	6.08%	$5,166
Regions Bank	8	5.31%	$4,041
Three Rivers Federal Credit Union	8	5.39%	$3,134
Watermark Capital, Inc.	8	4.36%	$3,851
Bethpage Federal Credit Union	8	5.06%	$4,789
NFM, INC.	8	5.87%	$6,142
Princeton Mortgage Corporation	8	4.89%	$5,449
Equity Prime Mortgage LLC	7	5.39%	$5,217
FARMERS INSURANCE GROUP FEDERAL CREDIT UNION	7	4.98%	$3,253
JOLT CREDIT UNION	7	5.09%	$3,664
Deere Employees Credit Union	7	3.98%	$2,757
Capitol Federal Savings Bank	7	5.57%	$3,905
AMERICAN FINANCE HOUSE LARIBA	7	5.07%	$4,863
PURDUE FEDERAL CREDIT UNION	7	4.71%	$3,737
CALCON MUTUAL MORTGAGE LLC	7	5.98%	$6,776
First Horizon Bank	7	5.21%	$4,061
Elements Financial Federal Credit Union	7	5.54%	$3,264
BKCO MORTGAGE, LLC	7	5.80%	$4,148
Centier Bank	6	4.25%	$2,747
The Loan Store, Inc.	6	4.06%	$3,335
MYCUMORTGAGE, LLC	6	4.23%	$3,423
OAKTREE FUNDING CORP.	6	6.81%	$10,309
PCM	6	3.49%	$1,162
LEADERONE FINANCIAL CORPORATION	6	5.79%	$5,247
Ameris Bank	6	4.75%	$3,964
Commerce Home Mortgage, Inc.	6	5.95%	$10,447
Devon Bank	6	5.83%	$4,961
CANOPY MORTGAGE, LLC	6	3.73%	$3,060
Johnson Bank	5	4.94%	$3,309
Colonial Savings, F.A.	5	4.83%	$6,989
ROUNDPOINT MORTGAGE SERVICING CORPORATION	5	3.70%	$8,177
COMMUNITY MORTGAGE FUNDING, LLC	5	4.68%	$3,024
Key Mortgage Services, Inc.	5	5.45%	$4,127
UNIFY FINANCIAL Credit Union	5	4.95%	$1,009
UMB Bank	5	4.13%	$2,349
Gateway First Bank	5	5.73%	$5,637
The Park National Bank	5	5.52%	$4,476
First Western Trust Bank	5	5.95%	$3,832
ALLIANT CREDIT UNION	5	5.40%	$3,652
First State Bank of Middlebury	5	4.93%	$6,923
First Home Bank	5	4.95%	$4,446
First-Citizens Bank & Trust Company	5	5.44%	$5,683
LIBERTY HOME MORTGAGE CORPORATION	5	5.75%	$5,435
NP, Inc.	5	6.27%	$5,283
Superior Credit Union, Inc.	5	4.95%	$3,101
SUN Federal Credit Union	5	4.48%	$2,247
ONY GLO, INC.	5	4.72%	$8,001
AMERICAN ADVISORS GROUP	5	4.05%	$3,250
HOMESTAR FINANCIAL CORPORATION	5	7.03%	$5,944
21ST MORTGAGE CORPORATION	5	7.89%	$5,155
Chicago Financial Services, Inc.	5	5.55%	$3,523
Bell Bank	4	5.75%	$3,768
First State Bank of St. Charles, Missouri	4	4.34%	$3,470
EASTMAN	4	3.91%	$3,187
Mutual Federal Bank	4	5.69%	$9,695
JMAC LENDING, INC.	4	6.97%	$8,704
THE MORTGAGE FIRM, INC.	4	5.69%	$6,224
The Genoa Banking Company	4	5.28%	$3,524
WRIGHT-PATT CREDIT UNION, INC.	4	6.69%	$2,349
First Financial Bank	4	5.06%	$6,548
BOKF	4	5.47%	$7,550
First Federal Bank	4	4.25%	$4,486
MEMBER ADVANTAGE MORTGAGE, LLC	4	4.84%	$3,971
Commerce Bank	4	4.25%	$6,906
SeaTrust Mortgage Company	4	4.66%	$3,244
Northwest Federal Credit Union	4	3.84%	$2,301
SECURITYNATIONAL MORTGAGE COMPANY	4	5.21%	$5,862
AMERICAN MORTGAGE SERVICE COMPANY	4	4.44%	$3,198
Peoples Bank	4	4.99%	$4,775
Stock Yards Bank & Trust Company	4	4.06%	$3,184
Amerifirst Financial, Inc.	4	5.31%	$1,555
Axos Bank	4	3.96%	$2,812
The Union Bank Company	4	5.91%	$5,179
AmRes Corporation	4	5.78%	$5,751
FOX COMMUNITIES	4	3.40%	$939
UNITED HOME LOANS, INC.	4	5.03%	$6,649
United Nations Federal Credit Union	3	4.50%	$2,932
LENOX FINANCIAL MORTGAGE CORPORATION	3	3.92%	$4,678
Busey Bank	3	5.13%	$3,034
FLAT BRANCH MORTGAGE, INC.	3	4.71%	$6,048
AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC	3	5.21%	$3,231
Cf Bank	3	5.00%	$1,834
NORTHROP GRUMMAN Federal Credit Union	3	5.17%	$4,292
OPEN MORTGAGE, LLC	3	5.38%	$6,844
SWBC MORTGAGE CORPORATION	3	5.96%	$4,296
Gold Coast Bank	3	3.91%	$4,253
City National Bank of Florida	3	5.50%	$3,188
STEARNS LENDING, LLC	3	3.79%	$1,737
A&D Mortgage LLC	3	6.96%	$9,546
KEMBA CREDIT UNION, INC.	3	5.21%	$3,525
Great Southern Bank	3	3.22%	$3,061
Silicon Valley Bank	3	3.17%	$3,369
ProFed Federal Credit Union	3	4.29%	$2,487
First Republic Bank	3	3.25%	$5,638
Figure Lending LLC	3	4.00%	$1,222
KINECTA	3	5.08%	$4,671
FIRST NORTHERN Credit Union	3	5.96%	$5,132
Amalgamated Bank	3	4.41%	$4,271
HARTFORD FUNDING, LTD.	3	4.17%	$4,171
HSBC BANK USA, NATIONAL ASSOCIATION	3	5.09%	$4,110
Blackhawk Bank	3	5.32%	$2,593
Blue Ridge Bank	3	5.16%	$3,706
Renasant Bank	3	5.50%	$3,123
Simmons Bank	3	5.29%	$4,141
DUPACO COMMUNITY	3	5.00%	$3,083
Summit Credit Union	3	5.88%	$2,725
First Financial Bank	3	4.25%	$2,838
THE EQUITABLE MORTGAGE CORPORATION	3	4.00%	$2,535
The Citizens National Bank of Bluffton	3	5.38%	$3,560
COMMUNITYAMERICA	3	4.71%	$3,036
INTERCAP LENDING INC.	3	4.21%	$6,049
RESIDENTIAL HOME FUNDING CORP.	3	4.21%	$6,932
STAR ONE CREDIT UNION	3	5.38%	$2,505
FEDEX EMPLOYEES CREDIT ASSOCIATION	2	4.13%	$3,626
Kwik Mortgage Corporation	2	5.44%	$1,844
ITHINK FINANCIAL Credit Union	2	3.69%	$4,980
WRIGHT PATMAN CONGRESSIONAL FEDERAL CREDIT UNION	2	5.63%	$9,958
Lend Smart Mortgage, LLC	2	7.13%	$5,987
Magnolia Bank	2	6.19%	$9,546
Heartland Bank	2	5.56%	$3,657
MEMBERS 1ST FEDERAL CREDIT UNION	2	3.69%	$3,847
GREAT LAKES	2	4.69%	$7,911
GLASS CITY Federal Credit Union	2	5.00%	$2,322
Midland States Bank	2	5.75%	$3,344
MILESTONE HOME LENDING, LLC	2	4.99%	$3,117
MJW Financial LLC	2	6.38%	$5,987
MLD MORTGAGE INC.	2	4.69%	$7,221
FORT FINANCIAL Federal Credit Union	2	5.56%	$4,824
FIRST STATE MORTGAGE SERVICES, LLC	2	3.94%	$3,122
MY MORTGAGE, INC.	2	4.81%	$9,709
First Midwest Bank	2	3.25%	$3,641
First Farmers Bank and Trust Company	2	5.19%	$4,533
First Bank	2	6.13%	$8,761
NUMARK CREDIT UNION	2	3.19%	$2,402
Old Second National Bank	2	4.94%	$4,218
PACIFIC RESIDENTIAL MORTGAGE, LLC	2	6.50%	$6,650
Paramount Bank	2	5.44%	$4,112
FAY SERVICING, LLC	2	3.63%	$5,838
Pinnacle Bank	2	5.25%	$16,206
EVANSVILLE TEACHERS	2	3.63%	$2,443
EUSTIS AND AMERICAN MORTGAGE COMPANY	2	4.88%	$4,414
East Coast Capital Corp.	2	4.94%	$5,393
DATA MORTGAGE, INC.	2	5.50%	$5,207
CORNERSTONE COMMUNITY FINANCIAL	2	6.00%	$5,997
Core Bank	2	4.69%	$3,136
Republic Bank & Trust Company	2	4.81%	$2,709
Service Federal Credit Union	2	4.19%	$3,077
Civista Bank	2	5.88%	$2,775
Cincinnati Federal	2	5.44%	$5,523
SOVEREIGN LENDING GROUP INCORPORATED	2	4.12%	$7,650
STAR Financial Bank	2	5.25%	$4,459
Christensen Financial, Inc.	2	3.88%	$5,484
Centra Credit Union	2	4.06%	$5,671
The Croghan Colonial Bank	2	5.31%	$3,262
BLC Community Bank	2	4.70%	$2,266
The Richwood Banking Company	2	4.48%	$3,958
Bank of Springfield	2	5.01%	$2,430
VILLAGE CAPITAL MORTGAGE	2	4.69%	$5,946
V.I.P. MORTGAGE, INC.	2	5.13%	$4,492
WALL STREET MORTGAGE BANKERS, LTD.	2	10.94%	$7,068
WesBanco	2	4.31%	$5,556
ADVANCIAL	2	5.88%	$9,367
Willamette Valley Bank	2	4.75%	$6,177
CLEARPATH LENDING	1	5.63%	$4,874
Lincoln FSB of Nebraska	1	6.88%	$5,109
Deseret First Credit Union	1	5.50%	$6,006
Dollar Bank, Federal Savings Bank	1	3.25%	$5,474
EagleBank	1	6.13%	$4,402
Eagle Savings Bank	1	6.75%	$4,310
Allied First Bank,sb	1	4.38%	$3,455
Prairie State Bank and Trust	1	3.50%	$1,298
SouthPoint Bank	1	4.50%	$7,087
South State Bank	1	5.25%	$3,360
Southwest Airlines Federal Credit Union	1	5.00%	$3,147
Christian Community Credit Union	1	4.50%	$3,714
Liberty Savings Bank, F.S.B.	1	4.75%	$11,248
ILLINOIS STATE CREDIT UNION	1	5.25%	$2,155
Starion Bank	1	6.38%	$2,854
Encompass Lending Group, LP	1	6.50%	$5,610
State Department Federal Credit Union	1	4.88%	$6,937
Alerus Financial	1	3.63%	$3,224
S&T Bank	1	6.63%	$2,968
EVERENCE FEDERAL CREDIT UNION	1	5.88%	$2,525
Evolve Bank & Trust	1	5.38%	$3,885
Stillman Bank	1	3.95%	$2,365
CHEVRON	1	4.13%	$8,129
CHAMPIONS MORTGAGE LLC	1	3.88%	$3,950
Farm Credit Mid-America, ACA	1	5.85%	$5,949
PARTNERSHIP FINANCIAL	1	6.63%	$3,216
CERTAINTY HOME LOANS, LLC	1	4.13%	$3,037
Origin Bank	1	4.00%	$3,405
Kish Bank	1	3.25%	$3,188
ONE NEVADA CREDIT UNION	1	4.75%	$2,659
Fidelity Bank	1	6.13%	$2,925
CASTLE & COOKE MORTGAGE, LLC	1	3.75%	$4,088
Financial Partners Credit Union	1	4.25%	$2,989
CapStar Bank	1	3.75%	$9,331
First Bank	1	4.88%	$2,776
NORTHWEST BANK OF ROCKFORD	1	4.75%	$5,330
First Bank & Trust	1	5.25%	$4,752
First Commonwealth Bank	1	5.25%	$3,149
First Dakota National Bank	1	5.98%	$6,366
NMSI, INC.	1	6.75%	$7,641
TECH Credit Union	1	5.13%	$3,946
First Federal Bank, A FSB	1	4.88%	$9,784
Texas Bank and Trust Company	1	4.50%	$3,067
First Federal Savings Bank	1	5.00%	$3,231
First Federal Savings Bank	1	5.38%	$2,888
NEW DAY FINANCIAL, LLC	1	5.88%	$2,249
WESTERN VISTA	1	6.63%	$2,691
121 FINANCIAL	1	6.50%	$3,359
Network Funding, L.P.	1	6.00%	$14,022
NBH Bank	1	3.88%	$6,026
The Farmers National Bank of Canfield	1	5.13%	$4,360
First International Bank & Trust	1	2.75%	$5,190
The First National Bank and Trust Company	1	5.38%	$1,881
The First National Bank of Ottawa	1	5.88%	$5,554
First Mid Bank & Trust	1	3.75%	$2,636
JEEP COUNTRY	1	3.25%	$3,126
First National Bank of Omaha	1	5.75%	$2,193
National Exchange Bank and Trust	1	4.75%	$1,866
First United Bank and Trust Company	1	6.13%	$4,237
Mortgage Bank of California	1	7.50%	$14,606
INB	1	5.63%	$3,219
Flanagan State Bank	1	3.88%	$2,884
F&M Bank	1	3.25%	$3,087
FUNDING RESOURCES MORTGAGE CORPORATION	1	5.88%	$3,233
MidWestOne Bank	1	5.00%	$9,561
Midwest Community Bank	1	5.50%	$3,279
THRIVE MORTGAGE, LLC	1	3.50%	$4,129
Academy Bank	1	5.25%	$5,746
Midwest BankCentre	1	3.63%	$2,550
BECKAM FUNDING CORP.	1	8.13%	$16,904
MidFirst Bank	1	2.48%	$5,479
JLB CORPORATION	1	7.13%	$5,955
TOTAL MORTGAGE SERVICES, LLC	1	6.99%	$4,106
Town & Country Banc Mortgage Services	1	7.35%	$2,112
Bank of Colorado	1	4.75%	$5,311
Bank First, N.A.	1	3.63%	$5,868
TRIAD FINANCIAL SERVICES, INC.	1	5.50%	$5,372
Bankers Trust Company	1	5.75%	$2,186
Mid-Continent Funding, Inc.	1	6.00%	$17,645
ASSEMBLIES OF GOD Credit Union	1	4.50%	$2,656
German American Bank	1	6.13%	$2,938
Grand Valley Bank	1	5.63%	$4,342
Armed Forces Bank	1	3.75%	$3,843
Great Plains National Bank	1	5.50%	$3,752
ARIZONA	1	6.13%	$3,604
United Bank	1	3.50%	$4,403
Guardian Savings Bank, A Federal Savings Bank	1	2.75%	$5,847
United Community Bank	1	5.50%	$3,051
United Community Bank	1	4.38%	$16,644
Merchants Bank of Indiana	1	3.63%	$2,695
HANSCOM	1	3.50%	$4,909
ABSOLUTE HOME MORTGAGE CORPORATION	1	5.50%	$2,609
MEMBERS HERITAGE Credit Union	1	5.00%	$3,299
HAPO COMMUNITY CREDIT UNION	1	5.75%	$4,189
Hills Bank and Trust Company	1	3.25%	$3,097
American National Bank	1	3.75%	$3,882
Marquette Bank	1	5.63%	$9,619
Univest Bank and Trust Co.	1	4.88%	$3,927
HIWAY	1	3.25%	$3,200
HOMEOWNERS FINANCIAL GROUP USA, LLC	1	5.88%	$7,449
American Bank and Trust Company	1	4.99%	$2,634
Uwharrie Bank	1	4.01%	$6,009
Low VA Rates, LLC	1	6.00%	$4,428
HONDA Federal Credit Union	1	3.88%	$2,905
AMCAP MORTGAGE, LTD.	1	6.25%	$5,249
Actors Federal Credit Union	1	4.25%	$2,405
REDWOOD RESIDENTIAL ACQUISITION CORPORATION	1	3.50%	$5,673
JUSTICE Federal Credit Union	1	6.38%	$2,626
Community Trust Bank, Inc.	1	5.38%	$4,357
COMPEER FINANCIAL, FLCA	1	5.50%	$3,058
Residential Mortgage Solutions, Inc.	1	6.38%	$4,249
River Bank & Trust	1	4.25%	$4,564
QUORUM FEDERAL CREDIT UNION	1	3.88%	$3,471
Rock Canyon Bank	1	4.50%	$4,892
Cornerstone National Bank & Trust Company	1	4.50%	$2,622
PyraMax Bank, FSB	1	4.63%	$2,525
Colten Mortgage, LLC	1	4.38%	$6,118
CPM Federal Credit Union	1	3.63%	$4,559
Crossroads Bank	1	5.00%	$2,066
Providence Bank & Trust	1	3.25%	$2,728
Collins Community Credit Union	1	5.25%	$2,500
PROPONENT Federal Credit Union	1	3.00%	$3,168
CNB Bank And Trust, N.A.	1	3.25%	$2,610
Iroquois Federal Savings and Loan Association	1	3.50%	$3,780

Michigan Average Closing Costs & Other Stats

Michigan's 619 lenders originated 265,538 loans during 2022. The total origination value was $55,733,000,000, with an average loan value of $209,887.

Michigan's average closing costs are $3,911.

The top Michigan lender as defined by loan originations is QUICKEN LOANS, LLC, with 12,640 loans originated. Their average total fees are $5,210, which is $238 higher than the next largest lender, UNITED WHOLESALE MORTGAGE, LLC.

The lowest fee Michigan lenders (with over 10 loans originated) are Discover Bank ($0), CHERRY CREEK MORTGAGE, LLC ($628), TEAM ONE CREDIT UNION ($1,031), PREMIA MORTGAGE, LLC ($1,775) and EVERETT FINANCIAL, INC. ($1,822).

The lowest rate Michigan lenders (with over 10 loans originated) are Zeal Credit Union (3.28%), Raymond James Bank (3.53%), Stifel Bank and Trust (3.53%), Polish-American Federal Credit Union (3.60%) and Chicago Mortgage Solutions LLC (3.67%).