Mortgage Lenders and Brokers in Alma, Michigan
Brian McKay
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iEditorial Disclosure
Editorial DisclosureLender lists come from federal HMDA loan data. Average rates come from our daily monitoring network. Editorial content is independent of any advertiser relationships.
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✓Fact Checked
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Loan Rates Last Updated and Verified: October 7, 2026
Alma, Michigan mortgage lenders include Mercantile BankMercantile Bank230 Woodworth Ave, Alma, MI 48801A+5.0 ★Texas Ratio: 0.63%, Commercial BankCommercial Bank301 N State St, Alma, MI 48801A+5.0 ★Texas Ratio: 2.37%, Isabella BankIsabella Bank240 E Northern Ave, Barryton, MI 49305A+5.0 ★Texas Ratio: 4.10%, Huntington National BankHuntington National Bank202 W Maumee St, Adrian, MI 49221A+5.0 ★Texas Ratio: 3.66%, Dart BankDart Bank2469 Cedar Street, Delhi Township, MI 48842A-4.9 ★Texas Ratio: 16.59%, Michigan One Community Credit UnionMichigan One Community Credit Union7558 N Alger Rd, Alma, MI 48801A+5.0 ★Texas Ratio: 4.80%, Fifth Third Bank, National AssociationFifth Third Bank, National Association475 Ada Drive, Ada Township, MI 49301A+5.0 ★Texas Ratio: 3.22%, Frankenmuth Credit UnionFrankenmuth Credit Union710 N Van Dyke Rd, Bad Axe, MI 48413A5.0 ★Texas Ratio: 8.18%, Sidney State BankSidney State Bank201 S Main St, Sheridan, MI 48884A+5.0 ★Texas Ratio: 1.16%, and Member First Mortgage, LLCMember First Mortgage, LLC650 W 5th St, Clare, MI 48617. Banks, credit unions and mortgage companies are listed together, with FHA, VA and local options flagged for quick comparison.
Lenders are ranked only by the number of home loans they closed in Alma, Michigan in 2025, as reported under the federal Home Mortgage Disclosure Act. No lender pays for a higher spot. Lenders based in Alma are listed first, then lenders elsewhere in Michigan, then lenders from other states that closed loans there. Banks and credit unions carry a MonitorBankRates health grade, star rating and Texas Ratio, so you can judge how financially sound they are. Mortgage companies have no deposits to rate, so compare their loan programs, median loan and borrower reviews instead. Compare at least three lenders and ask each for a written loan estimate before you choose.
Mortgage Lenders and Brokers in Alma, Michigan
Market share is the lender's share of all home loans closed in Alma, Michigan. Approval share is approvals divided by completed applications. Grade is the MonitorBankRates Health and Safety Grade, available for banks and credit unions only. Average loan is the lender's mean loan amount here.
| Lender | Programs | Loans closed | Market share | Approval share | Average loan | View |
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2 offices in Alma 230 Woodworth Ave, Alma, MI 48801 A+5.0 ★Texas Ratio: 0.63% |
Conventional, FHA, HELOC | 35 +3 HELOCs |
15.3% | 87.5% | $116,142 | View |
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1 office in Alma 301 N State St, Alma, MI 48801 A+5.0 ★Texas Ratio: 2.37% |
Conventional | 6 | 2.6% | 100% | $190,000 | View |
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240 E Northern Ave, Barryton, MI 49305 A+5.0 ★Texas Ratio: 4.10% |
Conventional, HELOC | 10 +2 HELOCs |
4.4% | 92.3% | $133,000 | View |
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202 W Maumee St, Adrian, MI 49221 A+5.0 ★Texas Ratio: 3.66% |
Conventional, FHA, HELOC | 7 +7 HELOCs |
3.1% | 87.5% | $119,285 | View |
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2469 Cedar Street, Delhi Township, MI 48842 A-4.9 ★Texas Ratio: 16.59% |
Conventional, FHA | 6 | 2.6% | 100% | $175,000 | View |
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7558 N Alger Rd, Alma, MI 48801 A+5.0 ★Texas Ratio: 4.80% |
Conventional | 6 | 2.6% | 85.7% | $83,333 | View |
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475 Ada Drive, Ada Township, MI 49301 A+5.0 ★Texas Ratio: 3.22% |
Conventional, USDA, HELOC | 3 +1 HELOCs |
1.3% | 75% | $118,333 | View |
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710 N Van Dyke Rd, Bad Axe, MI 48413 A5.0 ★Texas Ratio: 8.18% |
Conventional | 3 | 1.3% | 100% | $131,666 | View |
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201 S Main St, Sheridan, MI 48884 A+5.0 ★Texas Ratio: 1.16% |
Conventional | 2 | 0.9% | 100% | $65,000 | View |
Member First Mortgage, LLC
650 W 5th St, Clare, MI 48617 |
Conventional | 2 | 0.9% | 100% | $100,000 | |
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2400 Green Rd, Ann Arbor, MI 48105 1550 A+5.0 ★Texas Ratio: 2.54% |
Conventional, HELOC | 1 +1 HELOCs |
0.4% | 100% | $25,000 | View |
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53950 Gratiot Ave, Chesterfield, MI 48051 A5.0 ★Texas Ratio: 6.84% |
Conventional | 1 | 0.4% | 100% | $195,000 | View |
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455 Ada Dr Se, Ada, MI 49301 A+5.0 ★Texas Ratio: 3.68% |
Conventional | 1 | 0.4% | 100% | $75,000 | View |
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650 W 5th St, Clare, MI 48617 A+5.0 ★Texas Ratio: 4.54% |
Conventional | 1 | 0.4% | 100% | $145,000 | View |
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1026 W Midland Rd, AUBURN, MI 48611 A+5.0 ★Texas Ratio: 4.11% |
FHA | 1 | 0.4% | 100% | $185,000 | View |
Dow Credit Union
600 E Lyon Rd, Midland, MI 48640 5396 |
Conventional | 1 | 0.4% | 100% | $185,000 | |
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2400 West Rd, East Lansing, MI 48823 7347 A+5.0 ★Texas Ratio: 5.11% |
Conventional | 1 | 0.4% | 100% | $65,000 | View |
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3907 Wilder Rd, Bay City, MI 48706 A+5.0 ★Texas Ratio: 2.15% |
Conventional | 1 | 0.4% | 100% | $125,000 | View |
Lake Michigan Credit Union
496 Ada Dr SE STE 103, Ada, MI 49301 |
Conventional | 1 | 0.4% | 100% | $95,000 | |
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★ 1.7 stars, 3 reviews 855 Marshall St, Allegan, MI 49010 A+5.0 ★Texas Ratio: 4.24% |
HELOC | 0 +3 HELOCs |
0% | n/a | View | |
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2151 W Stadium Blvd, Ann Arbor, MI 48103 4543 A+5.0 ★Texas Ratio: 3.99% |
HELOC | 0 +1 HELOCs |
0% | n/a | View | |
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455 E Eisenhower Pkwy, Ann Arbor, MI 48108 A+5.0 ★Texas Ratio: 5.44% |
HELOC | 0 +1 HELOCs |
0% | n/a | View | |
Rocket Mortgage
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Conventional, FHA | 27 | 11.8% | 79.4% | $180,185 | |
Legacy Mortgage
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Conventional, USDA | 8 | 3.5% | 100% | $147,500 | |
United Wholesale Mortgage
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Conventional, FHA | 6 | 2.6% | 85.7% | $213,333 | |
MMS Mortgage Services, Ltd.
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Conventional | 3 | 1.3% | 100% | $118,333 | |
Staunton Financial Inc
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FHA | 3 | 1.3% | 100% | $261,666 | |
Msu Federal Credit Union
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Conventional, HELOC | 2 +1 HELOCs |
0.9% | 100% | $175,000 | |
Mortgage 1 Incorporated
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FHA | 2 | 0.9% | 100% | $135,000 | |
Success Mortgage Partners, Inc
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Conventional | 2 | 0.9% | 100% | $75,000 | |
GreenStone Farm Credit Services
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Conventional | 2 | 0.9% | 100% | $180,000 | |
VanDyk Mortgage Corporation
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Conventional | 1 | 0.4% | 100% | $235,000 | |
CrossCountry Mortgage, LLC
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Conventional, FHA, VA, HELOC | 18 +1 HELOCs |
7.9% | 90% | $168,333 | |
Guild Mortgage Company
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Conventional, VA | 8 | 3.5% | 100% | $128,750 | |
Pennymac Loan Services LLC
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FHA, VA | 6 | 2.6% | 77.8% | $266,666 | |
Triad Financial Services, Inc.
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Conventional | 5 | 2.2% | 24% | $41,000 | |
Mortgage Research Center
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VA | 5 | 2.2% | 83.3% | $199,000 | |
Guaranteed Rate, Inc.
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Conventional, FHA | 3 | 1.3% | 100% | $225,000 | |
Freedom Mortgage Corporation
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FHA, VA | 3 | 1.3% | 100% | $145,000 | |
21St Mortgage
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Conventional | 3 | 1.3% | 10% | $51,666 | |
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A+5.0 ★Texas Ratio: 0.00% |
Conventional, FHA | 2 | 0.9% | 100% | $180,000 | View |
Newrez LLC
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Conventional, VA | 2 | 0.9% | 40% | $150,000 | |
Sun West Mortgage Company, Inc
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Conventional, FHA | 2 | 0.9% | 100% | $65,000 | |
Union Home Mortgage Corp.
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Conventional | 2 | 0.9% | 100% | $85,000 | |
American Pacific Mortgage Corporation
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Conventional | 2 | 0.9% | 100% | $175,000 | |
Tammac Holdings Corporation
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Conventional | 2 | 0.9% | 28.6% | $55,000 | |
Cornerstone First Mortgage, LLC
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FHA | 1 | 0.4% | 100% | $335,000 | |
American Financial Resources LLC
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FHA | 1 | 0.4% | 100% | $135,000 | |
Royal United Mortgage LLC
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Conventional | 1 | 0.4% | 100% | $95,000 | |
Equity Prime Mortgage LLC
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FHA | 1 | 0.4% | 50% | $195,000 | |
Kind Lending, LLC
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Conventional | 1 | 0.4% | 50% | $155,000 | |
Loansteady LLC
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Conventional | 1 | 0.4% | 100% | $205,000 | |
Amerisave Mortgage Company
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Conventional | 1 | 0.4% | 100% | $85,000 | |
First Alliance Home Mortgage, LLC
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FHA | 1 | 0.4% | 100% | $135,000 | |
Discover Bank
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Conventional | 1 | 0.4% | 33.3% | $85,000 | |
Das Acquisition Company, LLC
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Conventional | 1 | 0.4% | 100% | $135,000 | |
Click n' Close, Inc.
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FHA | 1 | 0.4% | 100% | $165,000 | |
New Day Financial, LLC.
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VA | 1 | 0.4% | 33.3% | $155,000 | |
Mortgage300 Corporation
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FHA | 1 | 0.4% | 100% | $235,000 | |
Churchill Mortgage Corporation
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Conventional | 1 | 0.4% | 100% | $75,000 | |
Zillow Home Loans, LLC
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Conventional | 1 | 0.4% | 100% | $95,000 | |
Mutual of Omaha Mortgage
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Conventional | 1 | 0.4% | 100% | $135,000 | |
New American Funding, LLC.
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FHA | 1 | 0.4% | 33.3% | $115,000 | |
Fairway Independent Mort Corp
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FHA | 1 | 0.4% | 100% | $145,000 | |
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A+5.0 ★Texas Ratio: 0.51% |
Conventional | 1 | 0.4% | 100% | $155,000 | View |
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A5.0 ★Texas Ratio: 9.09% |
Conventional | 1 | 0.4% | 100% | $205,000 | View |
The Mortgage Link, Inc.
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Conventional | 1 | 0.4% | 100% | $145,000 | |
Spring Eq, LLC
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HELOC | 0 +2 HELOCs |
0% | 0% | ||
Valon Mortgage
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HELOC | 0 +1 HELOCs |
0% | n/a | ||
Navy Federal Credit Union
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HELOC | 0 +1 HELOCs |
0% | n/a | ||
Lendage, LLC dba Achieve Loans
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HELOC | 0 +1 HELOCs |
0% | n/a |
Alma Mortgage Rate Trends
Daily average mortgage rates for Michigan compared with the national average, updated every evening.
Mortgage Lenders and Mortgage Brokers Near Me in Alma, Michigan
Looking for mortgage lenders near me or mortgage brokers near me in Alma? The list below shows the banks, credit unions and mortgage brokers that closed home loans in Alma in 2025, with lenders based there listed first.
Types of Mortgage Lenders in Alma, MI
Use these to narrow the list above. Each category shows how many Alma, MI lenders fit and what that kind of lender is usually best for.
Who Lends in Alma, MI
Independent mortgage companies closed 59 percent of home loans in Alma, Michigan in 2025, banks 33.6 percent and credit unions 7.4 percent. Member First Mortgage, LLC was the largest mortgage company, Mercantile Bank the largest bank and Michigan One Community Credit Union the largest credit union. Among lenders headquartered in Michigan, Mercantile Bank led with 35 loans.
How to Read This List
A high approval share with a small median loan usually points to a lender comfortable with first time and FHA borrowers. A large median loan with conventional and jumbo programs points to a move up and jumbo specialist. The health grade says whether a bank or credit union is financially sound; it says nothing about service, which is what the reviews below are for.
Title or escrow companies usually handle closings in Michigan. State real estate transfer tax of $3.75 per $500 (0.75 percent) plus a county transfer tax of $0.55 per $500 (0.11 percent), customarily paid by the seller. No mortgage recording tax.
More Michigan Mortgage Lender Pages
Frequently Asked Questions About Mortgage Lenders in Alma, MI
By home loans closed in 2025, Mercantile Bank was the largest mortgage lender in Alma, Michigan with 35 loans, about 15.3 percent of the market. Source: Home Mortgage Disclosure Act data for 2025, published by the FFIEC and CFPB.
22 lenders closed FHA loans in Alma, Michigan in 2025, led by Rocket Mortgage with 9. 7 lenders closed VA loans, led by Mortgage Research Center, and 2 closed USDA rural loans. Use the FHA and VA filters above the table to see only those lenders; FHA loans allow 3.5 percent down and lower credit scores, VA loans need no down payment for eligible veterans. Source: Home Mortgage Disclosure Act data for 2025, published by the FFIEC and CFPB.
Yes. 16 banks and 11 credit unions closed home loans in Alma, Michigan in 2025, alongside 44 independent mortgage companies and brokers. Banks and credit unions carry a MonitorBankRates health grade. Mortgage companies are not deposit institutions, so they have no health grade; their HMDA figures and borrower reviews stand in. Source: Home Mortgage Disclosure Act data for 2025, published by the FFIEC and CFPB.
Lenders are ranked only by the number of home loans they closed in Alma, Michigan during 2025 as reported under the federal Home Mortgage Disclosure Act. No lender pays to be listed or to rank higher, and reviews do not change the order. Counts cover first and second lien loans on one to four unit homes for purchase, refinance and home improvement; home equity lines are counted separately.
Methodology and Sources
Lender rankings use the loan level records that lenders file under the Home Mortgage Disclosure Act, published by the FFIEC and the Consumer Financial Protection Bureau for the 2025 reporting year. Counts include originated first and subordinate lien loans on one to four unit homes in Alma, Michigan for purchase, refinance and other purposes; home equity lines of credit are counted separately and reverse mortgages and business purpose loans are excluded. Approval share is originations plus approved but not accepted applications divided by all completed applications (withdrawn and incomplete files are excluded). Lender type comes from the lender's federal regulator and the FFIEC National Information Center. City figures use the Census tracts that make up Alma. Health grades are MonitorBankRates data and are current as of the date shown. Lenders below the HMDA reporting thresholds do not appear. MonitorBankRates receives no payment for placement on this page. Last updated October 8, 2026.
