Top Mortgage Lenders in the Ann Arbor, MI area

Which mortgage lender in the Ann Arbor, MI area typically has the best rates? To help you narrow down where to shop for a mortgage, we provide a data driven ranking of mortgage lenders in the Ann Arbor, MI area by interest rate and market share. We use data on all fixed rate mortgages that were closed in the past year to generate our rankings. We do not receive any compensation from lenders and strive to provide the most objective and authoritative ranking possible.

Based on our data, the cheapest overall lender in the Ann Arbor, MI area is First Federal Bank of the Midwest, with a “Rate Rank” of 1 and an average “Rate Difference” of -0.22%. This means that First Federal Bank of the Midwest provided a -0.22% lower interest rate for its customers than other lenders in Ann Arbor, MI for a similar set of borrowers. First Federal Bank of the Midwest has a market share of 1.6%. On the other hand, the most popular lender in the market is Quicken Loans, with a market share of 15.1%. Quicken Loans is an average rate lender in this area, with a “Rate Difference” of +0.11% relative to those of other lenders.

Our detailed rankings of the mortgage lenders for the Ann Arbor, MI area is shown in the table below. In the table, we also give our assessment of whether they are, on average, a cheap/expensive lender through a star rating system. You can choose to tailor our ranking table to a specific mortgage type (Conventional/Jumbo/FHA/VA) and purpose (purchase/refinance) through the drop-down menu. For example, the cheapest lender for Conventional mortgages in Ann Arbor, MI is First Federal Bank of the Midwest. If you want to take out a loan that is above conforming limits (for example, above $510,400 in 2020), the cheapest Jumbo mortgage provider is Old National Bank. If on the other hand, you want lower down payment or credit score requirements, the cheapest FHA mortgage provider is Huntington National Bank. The cheapest VA mortgage provider is Navy Federal Credit Union. To get the lowest rate for your mortgage, we would suggest shopping and negotiating among several of our top ranked lenders by “Rate Rank” for your desired mortgage type and purpose.

Mortgage Type:
Purchase/Refinance:
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
First Federal Bank of the Midwest 1, -0.22% 1.57%
Bank of America 2, -0.16% 2.15%
University of Michigan Credit Union 3, -0.16% 1.83%
TLC Community Credit Union 4, -0.13% 0.78%
Old National Bank 5, -0.13% 4.19%
Ruoff Home Mortgage 6, -0.12% 1.96%
Huntington National Bank 7, -0.12% 3.56%
JPMorgan Chase Bank 8, -0.10% 3.95%
Provident Funding Associates 9, -0.09% 0.60%
Credit Union One 10, -0.08% 0.43%
John Adams Mortgage Co 11, -0.08% 2.68%
Midwest Loan Services Inc 12, -0.08% 0.33%
County National Bank 13, -0.07% 3.54%
Lake Michigan Credit Union 14, -0.07% 1.77%
Howard Hanna Mortgage Services 15, -0.07% 1.08%
Pulte Mortgage 16, -0.07% 0.65%
Michigan State University Federal Credit Union 17, -0.06% 0.53%
University Lending Group 18, -0.05% 2.65%
Fifth Third Bank, National Association 19, -0.05% 1.35%
Comerica Bank 20, -0.05% 0.43%
Michigan Educational Credit Union 21, -0.04% 0.34%
KeyBank National Association 22, -0.04% 1.35%
Navy Federal Credit Union 23, -0.04% 0.38%
The Dart Bank 24, -0.03% 2.97%
Community Financial Credit Union 25, -0.03% 0.42%
Pnc Bank 26, -0.02% 2.02%
Usaa Federal Savings Bank 27, -0.02% 0.73%
Caliber Home Loans Inc 28, -0.02% 1.80%
Us Bank 29, -0.02% 0.40%
Member First Mortgage 30, -0.02% 0.40%
Michigan Mutual Inc DBA MiMutual Mortgage 31, -0.01% 0.68%
TCF National Bank 32, -0.01% 0.67%
Ross Mortgage Corporation 33, -0.01% 0.30%
LoanDepot 34, -0.01% 1.14%
Pennymac Loan Services 35, -0.00% 0.31%
Level One Bank 36, -0.00% 2.68%
Home Point Financial Corporation 37, -0.00% 0.46%
Michigan First Credit Union 38, -0.00% 0.33%
New American Funding 39, 0.00% 0.72%
Mortgage Center 40, 0.01% 1.06%
Citizens Bank 41, 0.01% 0.69%
Homesite Mortgage 42, 0.01% 0.51%
Independent Bank 43, 0.02% 1.26%
TBI Mortgage Company 44, 0.03% 0.38%
JG Wentworth Home Lending 45, 0.03% 0.29%
Cardinal Financial Company LP 46, 0.03% 0.39%
Carrington Mortgage Services 47, 0.04% 0.54%
DFCU Financial 48, 0.04% 1.07%
Fairway Independent Mort Corp 49, 0.05% 0.45%
Gold Star Mortgage Financial Group, Corporation 50, 0.05% 3.09%
Wells Fargo Bank 51, 0.05% 1.21%
Movement Mortgage 52, 0.06% 0.39%
Freedom Mortgage Corporation 53, 0.06% 0.46%
Guaranteed Rate Inc 54, 0.06% 1.65%
Mortgage 1 Incorporated 55, 0.07% 4.86%
Success Mortgage Partners Inc 56, 0.08% 0.29%
Union Home Mortgage Company 57, 0.09% 1.22%
Primelending 58, 0.09% 0.29%
Flagstar Bank 59, 0.10% 4.33%
Quicken Loans 60, 0.11% 15.13%
Academy Mortgage Corporation 61, 0.11% 0.71%
GVC Mortgage Inc 62, 0.12% 1.60%
Summit Funding Inc 63, 0.13% 0.31%
GreenStone Farm Credit Services 64, 0.14% 0.45%
Amerifirst Financial Corporation 65, 0.15% 0.82%
Ditech Financial 66, 0.16% 0.51%
Nationstar Mortgage 67, 0.23% 1.13%
Waterstone Mortgage Corp 68, 0.23% 0.80%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Bank of America 1, -0.21% 2.64%
First Federal Bank of the Midwest 2, -0.17% 1.48%
Huntington National Bank 3, -0.17% 3.15%
JPMorgan Chase Bank 4, -0.16% 3.15%
Ruoff Home Mortgage 5, -0.14% 2.91%
University of Michigan Credit Union 6, -0.10% 1.70%
TLC Community Credit Union 7, -0.10% 0.65%
Provident Funding Associates 8, -0.09% 0.43%
Old National Bank 9, -0.09% 3.60%
John Adams Mortgage Co 10, -0.08% 4.11%
Pnc Bank 11, -0.08% 1.14%
Howard Hanna Mortgage Services 12, -0.07% 2.01%
Pulte Mortgage 13, -0.07% 1.25%
Lake Michigan Credit Union 14, -0.06% 2.35%
University Lending Group 15, -0.06% 3.47%
Community Financial Credit Union 16, -0.06% 0.38%
Fifth Third Bank, National Association 17, -0.05% 1.23%
Midwest Loan Services Inc 18, -0.05% 0.27%
Michigan State University Federal Credit Union 19, -0.05% 0.58%
County National Bank 20, -0.05% 3.15%
Credit Union One 21, -0.04% 0.18%
Wells Fargo Bank 22, -0.04% 1.18%
Us Bank 23, -0.04% 0.36%
Navy Federal Credit Union 24, -0.04% 0.54%
Comerica Bank 25, -0.03% 0.34%
Usaa Federal Savings Bank 26, -0.03% 1.10%
TCF National Bank 27, -0.02% 0.33%
The Dart Bank 28, -0.02% 3.17%
Ditech Financial 29, -0.02% 0.05%
Mortgage Center 30, -0.01% 0.78%
Michigan Mutual Inc DBA MiMutual Mortgage 31, -0.01% 0.80%
Ross Mortgage Corporation 32, -0.01% 0.42%
Pennymac Loan Services 33, -0.01% 0.20%
Nationstar Mortgage 34, -0.00% 0.29%
Freedom Mortgage Corporation 35, -0.00% 0.22%
Michigan Educational Credit Union 36, -0.00% 0.22%
Home Point Financial Corporation 37, -0.00% 0.65%
Caliber Home Loans Inc 38, 0.00% 1.90%
Michigan First Credit Union 39, 0.01% 0.43%
New American Funding 40, 0.01% 1.07%
JG Wentworth Home Lending 41, 0.01% 0.09%
Citizens Bank 42, 0.01% 0.45%
Level One Bank 43, 0.02% 2.70%
Member First Mortgage 44, 0.02% 0.45%
TBI Mortgage Company 45, 0.03% 0.72%
Independent Bank 46, 0.03% 1.68%
DFCU Financial 47, 0.03% 0.76%
Homesite Mortgage 48, 0.04% 0.62%
KeyBank National Association 49, 0.04% 0.78%
Cardinal Financial Company LP 50, 0.04% 0.51%
LoanDepot 51, 0.04% 0.42%
Fairway Independent Mort Corp 52, 0.05% 0.43%
Carrington Mortgage Services 53, 0.05% 0.24%
Success Mortgage Partners Inc 54, 0.06% 0.38%
Movement Mortgage 55, 0.06% 0.58%
Gold Star Mortgage Financial Group, Corporation 56, 0.06% 4.54%
Guaranteed Rate Inc 57, 0.08% 2.01%
Union Home Mortgage Company 58, 0.09% 1.63%
Primelending 59, 0.10% 0.49%
Mortgage 1 Incorporated 60, 0.11% 6.37%
Quicken Loans 61, 0.11% 7.87%
GVC Mortgage Inc 62, 0.12% 2.48%
Flagstar Bank 63, 0.12% 5.77%
GreenStone Farm Credit Services 64, 0.14% 0.40%
Summit Funding Inc 65, 0.14% 0.49%
Academy Mortgage Corporation 66, 0.15% 1.00%
Amerifirst Financial Corporation 67, 0.17% 1.19%
Waterstone Mortgage Corp 68, 0.26% 1.07%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
First Federal Bank of the Midwest 1, -0.28% 1.66%
University of Michigan Credit Union 2, -0.21% 1.97%
TLC Community Credit Union 3, -0.16% 0.92%
Old National Bank 4, -0.16% 4.81%
County National Bank 5, -0.10% 3.96%
Provident Funding Associates 6, -0.09% 0.78%
Midwest Loan Services Inc 7, -0.09% 0.39%
Credit Union One 8, -0.09% 0.70%
Bank of America 9, -0.08% 1.62%
Lake Michigan Credit Union 10, -0.08% 1.15%
Huntington National Bank 11, -0.08% 4.00%
Michigan State University Federal Credit Union 12, -0.08% 0.47%
John Adams Mortgage Co 13, -0.07% 1.15%
KeyBank National Association 14, -0.07% 1.97%
Member First Mortgage 15, -0.07% 0.35%
Michigan Educational Credit Union 16, -0.06% 0.47%
JPMorgan Chase Bank 17, -0.06% 4.81%
Comerica Bank 18, -0.06% 0.53%
Ruoff Home Mortgage 19, -0.05% 0.94%
Fifth Third Bank, National Association 20, -0.05% 1.48%
Caliber Home Loans Inc 21, -0.05% 1.70%
The Dart Bank 22, -0.05% 2.75%
University Lending Group 23, -0.05% 1.75%
Navy Federal Credit Union 24, -0.04% 0.19%
Howard Hanna Mortgage Services 25, -0.04% 0.08%
New American Funding 26, -0.03% 0.35%
Homesite Mortgage 27, -0.03% 0.39%
Level One Bank 28, -0.02% 2.67%
Michigan Mutual Inc DBA MiMutual Mortgage 29, -0.02% 0.57%
Michigan First Credit Union 30, -0.02% 0.21%
LoanDepot 31, -0.02% 1.93%
Independent Bank 32, -0.01% 0.80%
Ross Mortgage Corporation 33, -0.01% 0.18%
Mortgage 1 Incorporated 34, -0.01% 3.24%
TCF National Bank 35, -0.01% 1.03%
Us Bank 36, -0.01% 0.45%
Home Point Financial Corporation 37, -0.00% 0.25%
Usaa Federal Savings Bank 38, -0.00% 0.33%
Community Financial Credit Union 39, -0.00% 0.47%
Pennymac Loan Services 40, 0.00% 0.43%
Pnc Bank 41, 0.00% 2.96%
Academy Mortgage Corporation 42, 0.00% 0.41%
Citizens Bank 43, 0.01% 0.95%
Gold Star Mortgage Financial Group, Corporation 44, 0.01% 1.52%
Cardinal Financial Company LP 45, 0.02% 0.27%
Mortgage Center 46, 0.02% 1.36%
Movement Mortgage 47, 0.03% 0.19%
Guaranteed Rate Inc 48, 0.03% 1.27%
Primelending 49, 0.03% 0.08%
JG Wentworth Home Lending 50, 0.03% 0.51%
Carrington Mortgage Services 51, 0.04% 0.88%
Fairway Independent Mort Corp 52, 0.04% 0.47%
DFCU Financial 53, 0.04% 1.40%
Flagstar Bank 54, 0.06% 2.77%
Amerifirst Financial Corporation 55, 0.07% 0.41%
Summit Funding Inc 56, 0.07% 0.12%
Union Home Mortgage Company 57, 0.07% 0.78%
Freedom Mortgage Corporation 58, 0.08% 0.72%
Quicken Loans 59, 0.11% 22.94%
Success Mortgage Partners Inc 60, 0.12% 0.19%
GVC Mortgage Inc 61, 0.13% 0.64%
GreenStone Farm Credit Services 62, 0.14% 0.51%
Wells Fargo Bank 63, 0.15% 1.25%
Ditech Financial 64, 0.17% 0.99%
Waterstone Mortgage Corp 65, 0.17% 0.51%
Nationstar Mortgage 66, 0.27% 2.03%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
First Federal Bank of the Midwest 1, -0.23% 1.94%
Bank of America 2, -0.20% 2.14%
University of Michigan Credit Union 3, -0.17% 2.15%
Old National Bank 4, -0.14% 4.41%
TLC Community Credit Union 5, -0.14% 0.97%
Ruoff Home Mortgage 6, -0.12% 1.82%
JPMorgan Chase Bank 7, -0.11% 4.61%
Provident Funding Associates 8, -0.10% 0.73%
Huntington National Bank 9, -0.09% 3.27%
Credit Union One 10, -0.09% 0.50%
Midwest Loan Services Inc 11, -0.09% 0.36%
Howard Hanna Mortgage Services 12, -0.09% 1.06%
John Adams Mortgage Co 13, -0.08% 3.12%
Lake Michigan Credit Union 14, -0.08% 1.92%
County National Bank 15, -0.08% 4.34%
Pulte Mortgage 16, -0.07% 0.78%
Michigan State University Federal Credit Union 17, -0.07% 0.64%
University Lending Group 18, -0.06% 3.04%
Fifth Third Bank, National Association 19, -0.06% 1.50%
Comerica Bank 20, -0.05% 0.54%
KeyBank National Association 21, -0.04% 1.53%
Michigan Educational Credit Union 22, -0.04% 0.42%
The Dart Bank 23, -0.04% 3.40%
Community Financial Credit Union 24, -0.03% 0.49%
Us Bank 25, -0.02% 0.44%
Pnc Bank 26, -0.02% 2.21%
Member First Mortgage 27, -0.02% 0.41%
TCF National Bank 28, -0.02% 0.70%
Michigan Mutual Inc DBA MiMutual Mortgage 29, -0.02% 0.71%
Ross Mortgage Corporation 30, -0.01% 0.27%
New American Funding 31, -0.01% 0.61%
LoanDepot 32, -0.00% 0.77%
Michigan First Credit Union 33, -0.00% 0.38%
Level One Bank 34, -0.00% 3.27%
Caliber Home Loans Inc 35, 0.00% 1.41%
Home Point Financial Corporation 36, 0.00% 0.45%
Mortgage Center 37, 0.01% 1.18%
Citizens Bank 38, 0.01% 0.76%
Homesite Mortgage 39, 0.01% 0.55%
Independent Bank 40, 0.02% 1.42%
Usaa Federal Savings Bank 41, 0.02% 0.40%
Pennymac Loan Services 42, 0.02% 0.19%
TBI Mortgage Company 43, 0.03% 0.36%
Cardinal Financial Company LP 44, 0.04% 0.15%
DFCU Financial 45, 0.04% 1.33%
Movement Mortgage 46, 0.04% 0.36%
JG Wentworth Home Lending 47, 0.04% 0.30%
Fairway Independent Mort Corp 48, 0.05% 0.48%
Freedom Mortgage Corporation 49, 0.05% 0.17%
Gold Star Mortgage Financial Group, Corporation 50, 0.06% 3.13%
Wells Fargo Bank 51, 0.06% 1.25%
Guaranteed Rate Inc 52, 0.06% 1.73%
Mortgage 1 Incorporated 53, 0.07% 3.86%
Carrington Mortgage Services 54, 0.08% 0.20%
Navy Federal Credit Union 55, 0.09% 0.16%
Success Mortgage Partners Inc 56, 0.09% 0.26%
Primelending 57, 0.10% 0.29%
Union Home Mortgage Company 58, 0.10% 1.18%
Amerifirst Financial Corporation 59, 0.12% 0.61%
Academy Mortgage Corporation 60, 0.12% 0.77%
Flagstar Bank 61, 0.13% 3.97%
Summit Funding Inc 62, 0.13% 0.27%
GreenStone Farm Credit Services 63, 0.15% 0.45%
Quicken Loans 64, 0.16% 13.95%
GVC Mortgage Inc 65, 0.16% 0.80%
Ditech Financial 66, 0.25% 0.42%
Waterstone Mortgage Corp 67, 0.26% 0.83%
Nationstar Mortgage 68, 0.32% 0.93%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Bank of America 1, -0.26% 2.64%
JPMorgan Chase Bank 2, -0.18% 3.72%
First Federal Bank of the Midwest 3, -0.17% 1.92%
Ruoff Home Mortgage 4, -0.14% 2.67%
Huntington National Bank 5, -0.11% 2.76%
University of Michigan Credit Union 6, -0.11% 2.06%
Old National Bank 7, -0.10% 3.67%
TLC Community Credit Union 8, -0.10% 0.84%
Provident Funding Associates 9, -0.10% 0.54%
Howard Hanna Mortgage Services 10, -0.09% 2.04%
John Adams Mortgage Co 11, -0.08% 4.98%
Pnc Bank 12, -0.08% 1.19%
Pulte Mortgage 13, -0.07% 1.57%
University Lending Group 14, -0.07% 4.03%
Lake Michigan Credit Union 15, -0.07% 2.69%
Midwest Loan Services Inc 16, -0.06% 0.30%
Fifth Third Bank, National Association 17, -0.06% 1.38%
Community Financial Credit Union 18, -0.06% 0.49%
Michigan State University Federal Credit Union 19, -0.05% 0.75%
County National Bank 20, -0.05% 4.07%
Us Bank 21, -0.04% 0.37%
Wells Fargo Bank 22, -0.04% 1.17%
Credit Union One 23, -0.04% 0.23%
Comerica Bank 24, -0.03% 0.44%
TCF National Bank 25, -0.02% 0.33%
The Dart Bank 26, -0.02% 3.53%
Michigan Mutual Inc DBA MiMutual Mortgage 27, -0.01% 0.91%
Mortgage Center 28, -0.01% 0.84%
Ross Mortgage Corporation 29, -0.01% 0.37%
Freedom Mortgage Corporation 30, -0.01% 0.07%
Michigan Educational Credit Union 31, -0.00% 0.28%
Pennymac Loan Services 32, -0.00% 0.16%
Home Point Financial Corporation 33, 0.00% 0.63%
New American Funding 34, 0.01% 0.89%
Michigan First Credit Union 35, 0.01% 0.54%
JG Wentworth Home Lending 36, 0.01% 0.12%
Nationstar Mortgage 37, 0.01% 0.12%
Citizens Bank 38, 0.02% 0.47%
Level One Bank 39, 0.02% 3.44%
Member First Mortgage 40, 0.02% 0.44%
TBI Mortgage Company 41, 0.02% 0.73%
Independent Bank 42, 0.03% 2.04%
Usaa Federal Savings Bank 43, 0.03% 0.59%
DFCU Financial 44, 0.03% 0.98%
Caliber Home Loans Inc 45, 0.03% 1.64%
Homesite Mortgage 46, 0.04% 0.66%
KeyBank National Association 47, 0.05% 0.84%
LoanDepot 48, 0.05% 0.37%
Movement Mortgage 49, 0.05% 0.49%
Cardinal Financial Company LP 50, 0.05% 0.19%
Fairway Independent Mort Corp 51, 0.06% 0.44%
Success Mortgage Partners Inc 52, 0.07% 0.30%
Gold Star Mortgage Financial Group, Corporation 53, 0.08% 4.56%
Guaranteed Rate Inc 54, 0.09% 2.06%
Navy Federal Credit Union 55, 0.10% 0.26%
Primelending 56, 0.11% 0.49%
Union Home Mortgage Company 57, 0.12% 1.50%
Mortgage 1 Incorporated 58, 0.13% 4.63%
Amerifirst Financial Corporation 59, 0.15% 0.87%
GreenStone Farm Credit Services 60, 0.15% 0.44%
Summit Funding Inc 61, 0.15% 0.42%
Quicken Loans 62, 0.17% 7.21%
Academy Mortgage Corporation 63, 0.17% 1.10%
GVC Mortgage Inc 64, 0.17% 1.08%
Flagstar Bank 65, 0.17% 5.29%
Waterstone Mortgage Corp 66, 0.29% 1.12%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
First Federal Bank of the Midwest 1, -0.28% 1.97%
University of Michigan Credit Union 2, -0.22% 2.25%
Old National Bank 3, -0.18% 5.14%
TLC Community Credit Union 4, -0.16% 1.09%
Midwest Loan Services Inc 5, -0.11% 0.42%
County National Bank 6, -0.10% 4.61%
Lake Michigan Credit Union 7, -0.10% 1.16%
Credit Union One 8, -0.10% 0.76%
Bank of America 9, -0.10% 1.64%
Provident Funding Associates 10, -0.10% 0.93%
Michigan State University Federal Credit Union 11, -0.09% 0.53%
John Adams Mortgage Co 12, -0.08% 1.27%
Member First Mortgage 13, -0.08% 0.37%
Huntington National Bank 14, -0.08% 3.78%
KeyBank National Association 15, -0.08% 2.20%
Ruoff Home Mortgage 16, -0.07% 0.97%
JPMorgan Chase Bank 17, -0.07% 5.49%
Michigan Educational Credit Union 18, -0.06% 0.56%
Comerica Bank 19, -0.06% 0.63%
Fifth Third Bank, National Association 20, -0.06% 1.62%
The Dart Bank 21, -0.05% 3.27%
University Lending Group 22, -0.05% 2.06%
New American Funding 23, -0.05% 0.32%
Howard Hanna Mortgage Services 24, -0.05% 0.09%
Caliber Home Loans Inc 25, -0.04% 1.18%
Homesite Mortgage 26, -0.03% 0.44%
Michigan First Credit Union 27, -0.03% 0.23%
Level One Bank 28, -0.03% 3.10%
Usaa Federal Savings Bank 29, -0.03% 0.21%
Michigan Mutual Inc DBA MiMutual Mortgage 30, -0.02% 0.51%
Independent Bank 31, -0.02% 0.81%
LoanDepot 32, -0.02% 1.16%
Mortgage 1 Incorporated 33, -0.02% 3.10%
Ross Mortgage Corporation 34, -0.02% 0.16%
TCF National Bank 35, -0.01% 1.07%
Us Bank 36, -0.01% 0.51%
Home Point Financial Corporation 37, -0.01% 0.28%
Community Financial Credit Union 38, -0.00% 0.49%
Pnc Bank 39, -0.00% 3.22%
Academy Mortgage Corporation 40, 0.00% 0.44%
Citizens Bank 41, 0.01% 1.04%
Gold Star Mortgage Financial Group, Corporation 42, 0.01% 1.71%
Cardinal Financial Company LP 43, 0.01% 0.12%
Navy Federal Credit Union 44, 0.02% 0.07%
Mortgage Center 45, 0.02% 1.51%
Movement Mortgage 46, 0.02% 0.23%
Guaranteed Rate Inc 47, 0.03% 1.41%
Primelending 48, 0.03% 0.09%
Pennymac Loan Services 49, 0.04% 0.21%
DFCU Financial 50, 0.04% 1.67%
Fairway Independent Mort Corp 51, 0.04% 0.51%
Flagstar Bank 52, 0.05% 2.66%
JG Wentworth Home Lending 53, 0.05% 0.49%
Amerifirst Financial Corporation 54, 0.06% 0.35%
Freedom Mortgage Corporation 55, 0.07% 0.28%
Union Home Mortgage Company 56, 0.07% 0.86%
Summit Funding Inc 57, 0.08% 0.12%
Carrington Mortgage Services 58, 0.08% 0.39%
Success Mortgage Partners Inc 59, 0.13% 0.21%
GVC Mortgage Inc 60, 0.15% 0.53%
GreenStone Farm Credit Services 61, 0.15% 0.46%
Quicken Loans 62, 0.15% 20.62%
Wells Fargo Bank 63, 0.16% 1.32%
Waterstone Mortgage Corp 64, 0.18% 0.53%
Ditech Financial 65, 0.25% 0.83%
Nationstar Mortgage 66, 0.34% 1.74%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Huntington National Bank 1, -0.27% 5.62%
Ruoff Home Mortgage 2, -0.13% 3.48%
Quicken Loans 3, -0.07% 23.59%
Pnc Bank 4, -0.04% 0.48%
Lake Michigan Credit Union 5, -0.04% 0.48%
Old National Bank 6, -0.04% 1.11%
Caliber Home Loans Inc 7, -0.04% 3.88%
Ditech Financial 8, -0.02% 1.19%
Fifth Third Bank, National Association 9, -0.01% 0.63%
Mortgage Center 10, -0.00% 0.79%
Home Point Financial Corporation 11, -0.00% 0.79%
Howard Hanna Mortgage Services 12, -0.00% 1.66%
Citizens Bank 13, -0.00% 0.24%
TCF National Bank 14, 0.00% 0.24%
Pennymac Loan Services 15, 0.00% 0.40%
John Adams Mortgage Co 16, 0.00% 0.48%
Midwest Loan Services Inc 17, 0.00% 0.16%
Bank of America 18, 0.01% 0.08%
Ross Mortgage Corporation 19, 0.01% 0.32%
Michigan Mutual Inc DBA MiMutual Mortgage 20, 0.01% 0.95%
KeyBank National Association 21, 0.01% 0.32%
Flagstar Bank 22, 0.02% 6.73%
Carrington Mortgage Services 23, 0.02% 2.53%
Independent Bank 24, 0.02% 0.24%
Member First Mortgage 25, 0.02% 0.48%
Michigan First Credit Union 26, 0.02% 0.16%
Fairway Independent Mort Corp 27, 0.03% 0.24%
Academy Mortgage Corporation 28, 0.03% 0.63%
Homesite Mortgage 29, 0.03% 0.40%
The Dart Bank 30, 0.03% 1.50%
Level One Bank 31, 0.03% 0.40%
Gold Star Mortgage Financial Group, Corporation 32, 0.03% 3.64%
Primelending 33, 0.03% 0.24%
New American Funding 34, 0.04% 1.50%
Cardinal Financial Company LP 35, 0.05% 1.82%
University Lending Group 36, 0.05% 0.79%
Guaranteed Rate Inc 37, 0.06% 0.87%
Freedom Mortgage Corporation 38, 0.06% 1.43%
Success Mortgage Partners Inc 39, 0.06% 0.71%
Union Home Mortgage Company 40, 0.07% 1.74%
Nationstar Mortgage 41, 0.07% 2.69%
Mortgage 1 Incorporated 42, 0.10% 11.80%
GVC Mortgage Inc 43, 0.10% 6.25%
Movement Mortgage 44, 0.11% 0.79%
LoanDepot 45, 0.12% 1.74%
Waterstone Mortgage Corp 46, 0.13% 1.03%
Summit Funding Inc 47, 0.16% 0.63%
Amerifirst Financial Corporation 48, 0.24% 2.14%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Huntington National Bank 1, -0.35% 5.56%
Ruoff Home Mortgage 2, -0.16% 4.71%
Caliber Home Loans Inc 3, -0.07% 3.50%
Lake Michigan Credit Union 4, -0.07% 0.60%
Old National Bank 5, -0.07% 1.33%
Pnc Bank 6, -0.06% 0.72%
Fifth Third Bank, National Association 7, -0.04% 0.60%
Pennymac Loan Services 8, -0.04% 0.24%
Mortgage Center 9, -0.03% 0.60%
Quicken Loans 10, -0.03% 12.32%
Home Point Financial Corporation 11, -0.02% 1.09%
Ditech Financial 12, -0.02% 0.36%
Howard Hanna Mortgage Services 13, -0.02% 2.54%
Citizens Bank 14, -0.02% 0.36%
Freedom Mortgage Corporation 15, -0.02% 0.72%
Nationstar Mortgage 16, -0.02% 1.21%
Flagstar Bank 17, -0.01% 8.94%
TCF National Bank 18, -0.01% 0.12%
John Adams Mortgage Co 19, -0.01% 0.72%
Michigan First Credit Union 20, -0.01% 0.12%
Bank of America 21, -0.01% 0.12%
Ross Mortgage Corporation 22, -0.01% 0.48%
KeyBank National Association 23, -0.01% 0.36%
Level One Bank 24, 0.00% 0.24%
Independent Bank 25, 0.00% 0.36%
Fairway Independent Mort Corp 26, 0.00% 0.12%
Michigan Mutual Inc DBA MiMutual Mortgage 27, 0.01% 0.60%
Member First Mortgage 28, 0.01% 0.60%
Homesite Mortgage 29, 0.01% 0.48%
The Dart Bank 30, 0.01% 2.29%
Academy Mortgage Corporation 31, 0.01% 0.85%
Primelending 32, 0.02% 0.36%
Gold Star Mortgage Financial Group, Corporation 33, 0.02% 5.07%
New American Funding 34, 0.02% 1.93%
University Lending Group 35, 0.03% 1.21%
Cardinal Financial Company LP 36, 0.04% 1.93%
LoanDepot 37, 0.04% 0.48%
Guaranteed Rate Inc 38, 0.04% 1.21%
Carrington Mortgage Services 39, 0.05% 1.21%
Success Mortgage Partners Inc 40, 0.05% 0.97%
Union Home Mortgage Company 41, 0.06% 2.29%
Mortgage 1 Incorporated 42, 0.09% 16.06%
GVC Mortgage Inc 43, 0.09% 8.33%
Movement Mortgage 44, 0.09% 1.21%
Waterstone Mortgage Corp 45, 0.13% 1.21%
Summit Funding Inc 46, 0.15% 0.97%
Amerifirst Financial Corporation 47, 0.25% 2.66%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Huntington National Bank 1, -0.13% 5.75%
Quicken Loans 2, -0.07% 45.06%
Ditech Financial 3, 0.00% 2.76%
Caliber Home Loans Inc 4, 0.01% 4.60%
Old National Bank 5, 0.03% 0.69%
Michigan Mutual Inc DBA MiMutual Mortgage 6, 0.03% 1.61%
TCF National Bank 7, 0.03% 0.46%
Carrington Mortgage Services 8, 0.03% 5.06%
Gold Star Mortgage Financial Group, Corporation 9, 0.03% 0.92%
Midwest Loan Services Inc 10, 0.04% 0.46%
Lake Michigan Credit Union 11, 0.04% 0.23%
Mortgage Center 12, 0.04% 1.15%
Member First Mortgage 13, 0.04% 0.23%
Home Point Financial Corporation 14, 0.04% 0.23%
Fifth Third Bank, National Association 15, 0.04% 0.69%
Academy Mortgage Corporation 16, 0.05% 0.23%
Union Home Mortgage Company 17, 0.05% 0.69%
Pennymac Loan Services 18, 0.05% 0.69%
Guaranteed Rate Inc 19, 0.05% 0.23%
KeyBank National Association 20, 0.05% 0.23%
Success Mortgage Partners Inc 21, 0.06% 0.23%
Mortgage 1 Incorporated 22, 0.06% 3.68%
Fairway Independent Mort Corp 23, 0.06% 0.46%
Cardinal Financial Company LP 24, 0.06% 1.61%
Homesite Mortgage 25, 0.06% 0.23%
Ruoff Home Mortgage 26, 0.07% 1.15%
New American Funding 27, 0.07% 0.69%
Level One Bank 28, 0.07% 0.69%
Michigan First Credit Union 29, 0.07% 0.23%
Waterstone Mortgage Corp 30, 0.11% 0.69%
GVC Mortgage Inc 31, 0.12% 2.30%
Freedom Mortgage Corporation 32, 0.12% 2.76%
Amerifirst Financial Corporation 33, 0.13% 1.15%
Nationstar Mortgage 34, 0.13% 5.52%
Flagstar Bank 35, 0.15% 2.53%
LoanDepot 36, 0.17% 4.14%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Old National Bank 1, -0.05% 17.09%
Bank of America 2, -0.02% 14.55%
Credit Union One 3, -0.01% 1.09%
Community Financial Credit Union 4, -0.01% 1.09%
Wells Fargo Bank 5, -0.01% 6.55%
KeyBank National Association 6, -0.01% 2.91%
TCF National Bank 7, -0.00% 0.73%
Pnc Bank 8, -0.00% 4.36%
Provident Funding Associates 9, -0.00% 0.36%
Us Bank 10, -0.00% 1.45%
Citizens Bank 11, 0.00% 1.82%
University of Michigan Credit Union 12, 0.00% 3.64%
Huntington National Bank 13, 0.00% 3.64%
Fifth Third Bank, National Association 14, 0.00% 1.45%
LoanDepot 15, 0.00% 0.36%
Academy Mortgage Corporation 16, 0.01% 0.36%
Michigan State University Federal Credit Union 17, 0.01% 0.36%
Lake Michigan Credit Union 18, 0.01% 5.09%
Independent Bank 19, 0.01% 2.91%
University Lending Group 20, 0.01% 1.09%
Pulte Mortgage 21, 0.01% 0.73%
Mortgage 1 Incorporated 22, 0.01% 0.36%
John Adams Mortgage Co 23, 0.02% 2.55%
Flagstar Bank 24, 0.02% 0.36%
Waterstone Mortgage Corp 25, 0.02% 0.36%
County National Bank 26, 0.02% 1.45%
Fairway Independent Mort Corp 27, 0.02% 0.73%
Navy Federal Credit Union 28, 0.02% 0.73%
JPMorgan Chase Bank 29, 0.03% 8.73%
TBI Mortgage Company 30, 0.03% 3.27%
Guaranteed Rate Inc 31, 0.04% 3.64%
Quicken Loans 32, 0.04% 2.91%
GreenStone Farm Credit Services 33, 0.08% 3.27%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Old National Bank 1, -0.06% 17.76%
Bank of America 2, -0.01% 18.42%
Wells Fargo Bank 3, -0.01% 7.89%
KeyBank National Association 4, 0.00% 1.97%
Us Bank 5, 0.00% 1.97%
Lake Michigan Credit Union 6, 0.00% 3.95%
TCF National Bank 7, 0.00% 1.32%
Provident Funding Associates 8, 0.01% 0.66%
University of Michigan Credit Union 9, 0.01% 3.95%
Quicken Loans 10, 0.01% 0.66%
Citizens Bank 11, 0.01% 1.32%
Academy Mortgage Corporation 12, 0.01% 0.66%
Fifth Third Bank, National Association 13, 0.01% 1.97%
Pnc Bank 14, 0.01% 0.66%
University Lending Group 15, 0.02% 1.97%
Pulte Mortgage 16, 0.02% 1.32%
Mortgage 1 Incorporated 17, 0.02% 0.66%
Independent Bank 18, 0.02% 1.32%
JPMorgan Chase Bank 19, 0.02% 9.21%
John Adams Mortgage Co 20, 0.03% 3.29%
Waterstone Mortgage Corp 21, 0.03% 0.66%
Fairway Independent Mort Corp 22, 0.03% 1.32%
Navy Federal Credit Union 23, 0.03% 1.32%
TBI Mortgage Company 24, 0.04% 5.92%
Huntington National Bank 25, 0.04% 2.63%
Guaranteed Rate Inc 26, 0.06% 5.26%
GreenStone Farm Credit Services 27, 0.08% 1.97%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Old National Bank 1, -0.03% 16.26%
Huntington National Bank 2, -0.02% 4.88%
Credit Union One 3, -0.02% 2.44%
Community Financial Credit Union 4, -0.02% 2.44%
Bank of America 5, -0.01% 9.76%
KeyBank National Association 6, -0.01% 4.07%
Guaranteed Rate Inc 7, -0.01% 1.63%
Pnc Bank 8, -0.01% 8.94%
Fifth Third Bank, National Association 9, -0.01% 0.81%
Citizens Bank 10, -0.01% 2.44%
University of Michigan Credit Union 11, -0.00% 3.25%
John Adams Mortgage Co 12, -0.00% 1.63%
LoanDepot 13, -0.00% 0.81%
Independent Bank 14, 0.00% 4.88%
Michigan State University Federal Credit Union 15, 0.00% 0.81%
Wells Fargo Bank 16, 0.01% 4.88%
Us Bank 17, 0.01% 0.81%
Lake Michigan Credit Union 18, 0.01% 6.50%
Flagstar Bank 19, 0.01% 0.81%
County National Bank 20, 0.01% 3.25%
JPMorgan Chase Bank 21, 0.03% 8.13%
Quicken Loans 22, 0.04% 5.69%
GreenStone Farm Credit Services 23, 0.07% 4.88%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Navy Federal Credit Union 1, -0.12% 4.54%
LoanDepot 2, -0.10% 6.24%
Caliber Home Loans Inc 3, -0.08% 4.16%
Usaa Federal Savings Bank 4, -0.06% 8.32%
JG Wentworth Home Lending 5, -0.05% 0.95%
Ruoff Home Mortgage 6, -0.04% 1.70%
Pennymac Loan Services 7, -0.04% 2.27%
Lake Michigan Credit Union 8, -0.03% 0.76%
Ditech Financial 9, -0.03% 0.57%
Pnc Bank 10, -0.03% 1.32%
Old National Bank 11, -0.03% 1.13%
Bank of America 12, -0.02% 0.76%
KeyBank National Association 13, -0.02% 0.19%
Union Home Mortgage Company 14, -0.02% 1.32%
Ross Mortgage Corporation 15, -0.01% 0.95%
Homesite Mortgage 16, -0.01% 0.38%
Huntington National Bank 17, -0.01% 3.21%
Fairway Independent Mort Corp 18, -0.01% 0.38%
Fifth Third Bank, National Association 19, -0.01% 0.57%
John Adams Mortgage Co 20, -0.01% 0.95%
Wells Fargo Bank 21, -0.01% 0.76%
Member First Mortgage 22, -0.00% 0.38%
Summit Funding Inc 23, -0.00% 0.38%
Independent Bank 24, 0.00% 0.19%
TCF National Bank 25, 0.00% 1.13%
New American Funding 26, 0.00% 1.13%
Cardinal Financial Company LP 27, 0.01% 1.13%
Us Bank 28, 0.01% 0.19%
Academy Mortgage Corporation 29, 0.01% 0.19%
Guaranteed Rate Inc 30, 0.01% 1.13%
The Dart Bank 31, 0.01% 0.95%
Midwest Loan Services Inc 32, 0.01% 0.38%
Mortgage 1 Incorporated 33, 0.02% 6.81%
JPMorgan Chase Bank 34, 0.02% 0.19%
Citizens Bank 35, 0.02% 0.19%
Nationstar Mortgage 36, 0.02% 1.13%
Mortgage Center 37, 0.03% 0.38%
Flagstar Bank 38, 0.03% 6.43%
Movement Mortgage 39, 0.03% 0.19%
Amerifirst Financial Corporation 40, 0.04% 1.51%
Gold Star Mortgage Financial Group, Corporation 41, 0.04% 2.65%
Howard Hanna Mortgage Services 42, 0.04% 0.57%
Quicken Loans 43, 0.05% 20.42%
Carrington Mortgage Services 44, 0.06% 1.70%
Primelending 45, 0.06% 0.57%
University Lending Group 46, 0.07% 1.51%
Freedom Mortgage Corporation 47, 0.08% 3.02%
GVC Mortgage Inc 48, 0.10% 4.16%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Navy Federal Credit Union 1, -0.13% 6.23%
Usaa Federal Savings Bank 2, -0.07% 13.19%
Ruoff Home Mortgage 3, -0.05% 2.93%
Pnc Bank 4, -0.04% 1.83%
Huntington National Bank 5, -0.04% 2.20%
Old National Bank 6, -0.04% 1.47%
Lake Michigan Credit Union 7, -0.03% 1.47%
Bank of America 8, -0.02% 1.47%
KeyBank National Association 9, -0.02% 0.37%
Wells Fargo Bank 10, -0.02% 1.10%
Union Home Mortgage Company 11, -0.02% 2.56%
TCF National Bank 12, -0.01% 0.37%
Ross Mortgage Corporation 13, -0.01% 1.10%
Homesite Mortgage 14, -0.01% 0.73%
Fairway Independent Mort Corp 15, -0.01% 0.73%
Member First Mortgage 16, -0.01% 0.37%
John Adams Mortgage Co 17, -0.01% 1.10%
Caliber Home Loans Inc 18, -0.00% 2.20%
Pennymac Loan Services 19, -0.00% 0.73%
Summit Funding Inc 20, -0.00% 0.37%
Fifth Third Bank, National Association 21, 0.00% 0.37%
Independent Bank 22, 0.00% 0.37%
Nationstar Mortgage 23, 0.00% 0.37%
New American Funding 24, 0.00% 1.83%
Us Bank 25, 0.01% 0.37%
Guaranteed Rate Inc 26, 0.01% 1.83%
Cardinal Financial Company LP 27, 0.01% 1.47%
LoanDepot 28, 0.01% 1.10%
The Dart Bank 29, 0.01% 1.83%
Midwest Loan Services Inc 30, 0.01% 0.73%
JPMorgan Chase Bank 31, 0.02% 0.37%
Quicken Loans 32, 0.02% 8.79%
Freedom Mortgage Corporation 33, 0.02% 1.10%
Flagstar Bank 34, 0.03% 6.96%
Mortgage Center 35, 0.03% 0.73%
Movement Mortgage 36, 0.03% 0.37%
Amerifirst Financial Corporation 37, 0.04% 2.56%
Gold Star Mortgage Financial Group, Corporation 38, 0.04% 5.13%
Howard Hanna Mortgage Services 39, 0.04% 1.10%
Mortgage 1 Incorporated 40, 0.05% 7.33%
Carrington Mortgage Services 41, 0.06% 1.10%
Primelending 42, 0.06% 1.10%
University Lending Group 43, 0.08% 2.56%
GVC Mortgage Inc 44, 0.10% 8.06%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Caliber Home Loans Inc 1, -0.11% 6.25%
LoanDepot 2, -0.11% 11.72%
Navy Federal Credit Union 3, -0.08% 2.73%
JG Wentworth Home Lending 4, -0.05% 1.95%
Pennymac Loan Services 5, -0.05% 3.91%
Ditech Financial 6, -0.03% 1.17%
Mortgage 1 Incorporated 7, -0.02% 6.25%
Old National Bank 8, -0.02% 0.78%
Ross Mortgage Corporation 9, -0.02% 0.78%
Fifth Third Bank, National Association 10, -0.01% 0.78%
John Adams Mortgage Co 11, -0.01% 0.78%
Cardinal Financial Company LP 12, -0.00% 0.78%
Pnc Bank 13, -0.00% 0.78%
Summit Funding Inc 14, -0.00% 0.39%
Member First Mortgage 15, -0.00% 0.39%
Guaranteed Rate Inc 16, 0.00% 0.39%
Huntington National Bank 17, 0.00% 4.30%
Ruoff Home Mortgage 18, 0.00% 0.39%
Academy Mortgage Corporation 19, 0.01% 0.39%
University Lending Group 20, 0.01% 0.39%
New American Funding 21, 0.01% 0.39%
TCF National Bank 22, 0.01% 1.95%
Amerifirst Financial Corporation 23, 0.01% 0.39%
Usaa Federal Savings Bank 24, 0.01% 3.12%
Citizens Bank 25, 0.02% 0.39%
Nationstar Mortgage 26, 0.03% 1.95%
Wells Fargo Bank 27, 0.03% 0.39%
Flagstar Bank 28, 0.04% 5.86%
Quicken Loans 29, 0.05% 32.81%
Carrington Mortgage Services 30, 0.06% 2.34%
Freedom Mortgage Corporation 31, 0.09% 5.08%

* Data is compiled for the Ann Arbor, MI commuting zone area, which comprises of counties of Hillsdale County, MI, Jackson County, MI, Lenawee County, MI, and Washtenaw County, MI. This includes cities/towns/communities of Ann Arbor, MI as well as Tecumseh, MI, Adrian, MI, Jackson, MI, Dexter, MI, Ypsilanti, MI, Saline, MI, Vandercook Lake, MI, Hillsdale, MI, Grass Lake, MI, Vineyard Lake, MI, Spring Arbor, MI, Chelsea, MI, Blissfield, MI, Napoleon, MI, Michigan Center, MI, Manchester, MI, Concord, MI, Whitmore Lake, MI, Onsted, MI, Milan, MI, Parma, MI, Cement City, MI, Manitou Beach-Devils Lake, MI, Britton, MI, Addison, MI, Springport, MI, Hudson, MI, Clayton, MI, Allen, MI, North Adams, MI, Morenci, MI, Waldron, MI, Jasper, MI, Camden, MI, and Litchfield, MI. Lenders must have made at least 30 loans in the area to be included. Source for the data comes from Federal Financial Institutions Examination Council (FFIEC). Rate Difference (the average difference of interest rates relative to those of other lenders) were computed by subtracting the rate at origination from the average predicted rate based on the MSA, borrower LTV, DTI, Loan Amount, Loan Type, and Loan Purpose, and then regularized based on a Bayesian approach to account for smaller sample sizes. Above-average mortgage closing costs were then added to the rate difference at a rate of +0.15/point. Star ratings were determined in intervals of 0.10% in rate difference per half star.

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