Mortgage Lenders and Brokers in Alpena, 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
Alpena, Michigan mortgage lenders include Huntington National BankHuntington National Bank1324 M 32 W, Alpena, MI 49707A+5.0 ★Texas Ratio: 3.66%, Nicolet National BankNicolet National Bank468 N Ripley Blvd, Alpena, MI 49707A+5.0 ★Texas Ratio: 2.28%, PNC Bank N.A.PNC Bank N.A.122 N Second Ave, Alpena, MI 49707A+5.0 ★Texas Ratio: 4.24%, Mercantile BankMercantile Bank230 Woodworth Ave, Alma, MI 48801A+5.0 ★Texas Ratio: 0.63%, Community FinancialCommunity Financial12483 State St, Atlanta, MI 49709, Fifth Third Bank, National AssociationFifth Third Bank, National Association475 Ada Drive, Ada Township, MI 49301A+5.0 ★Texas Ratio: 3.22%, Isabella BankIsabella Bank240 E Northern Ave, Barryton, MI 49305A+5.0 ★Texas Ratio: 4.10%, Flagstar Bank NAFlagstar Bank NA3233 Fairlane Dr, Allen Park, MI 48101D3.3 ★Texas Ratio: 35.11%, Michigan First Credit UnionMichigan First Credit Union20645 Gibraltar Rd, Brownstown Twp, MI 48183A+5.0 ★Texas Ratio: 4.92%, and Credit Union OneCredit Union One2400 Green Rd, Ann Arbor, MI 48105 1550A+5.0 ★Texas Ratio: 2.54%. 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 Alpena, Michigan in 2025, as reported under the federal Home Mortgage Disclosure Act. No lender pays for a higher spot. Lenders based in Alpena 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 Alpena, Michigan
Market share is the lender's share of all home loans closed in Alpena, 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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1 office in Alpena 1324 M 32 W, Alpena, MI 49707 A+5.0 ★Texas Ratio: 3.66% |
Conventional, FHA, VA, HELOC | 11 +3 HELOCs |
6.2% | 73.3% | $187,727 | View |
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2 offices in Alpena 468 N Ripley Blvd, Alpena, MI 49707 A+5.0 ★Texas Ratio: 2.28% |
Conventional, HELOC | 4 +4 HELOCs |
2.2% | 100% | $227,500 | View |
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★ 1.7 stars, 3 reviews 1 office in Alpena 122 N Second Ave, Alpena, MI 49707 A+5.0 ★Texas Ratio: 4.24% |
HELOC | 0 +3 HELOCs |
0% | n/a | View | |
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230 Woodworth Ave, Alma, MI 48801 A+5.0 ★Texas Ratio: 0.63% |
Conventional | 2 | 1.1% | 100% | $90,000 | View |
Community Financial
12483 State St, Atlanta, MI 49709 |
Conventional, HELOC | 1 +1 HELOCs |
0.6% | 33.3% | $165,000 | |
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475 Ada Drive, Ada Township, MI 49301 A+5.0 ★Texas Ratio: 3.22% |
Conventional, HELOC | 1 +1 HELOCs |
0.6% | 50% | $75,000 | View |
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240 E Northern Ave, Barryton, MI 49305 A+5.0 ★Texas Ratio: 4.10% |
Conventional | 1 | 0.6% | 100% | $455,000 | View |
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3233 Fairlane Dr, Allen Park, MI 48101 D3.3 ★Texas Ratio: 35.11% |
Conventional | 1 | 0.6% | 100% | $125,000 | View |
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20645 Gibraltar Rd, Brownstown Twp, MI 48183 A+5.0 ★Texas Ratio: 4.92% |
Conventional | 1 | 0.6% | 100% | $175,000 | View |
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2400 Green Rd, Ann Arbor, MI 48105 1550 A+5.0 ★Texas Ratio: 2.54% |
Conventional | 1 | 0.6% | 100% | $225,000 | View |
Lake Michigan Credit Union
496 Ada Dr SE STE 103, Ada, MI 49301 |
Conventional | 1 | 0.6% | 100% | $175,000 | |
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2400 Green Rd, Ann Arbor, MI 48105 1550 A+5.0 ★Texas Ratio: 2.54% |
Conventional | 1 | 0.6% | 100% | $105,000 | View |
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1253 Lincoln Rd, Allegan, MI 49010 A+5.0 ★Texas Ratio: 5.27% |
HELOC | 0 +1 HELOCs |
0% | n/a | View | |
Rocket Mortgage
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Conventional, FHA, VA | 39 | 21.9% | 76.4% | $137,307 | |
United Wholesale Mortgage
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Conventional, FHA, VA | 32 | 18% | 89.2% | $154,375 | |
Neighborhood Mortgage Solutions, LLC
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Conventional | 16 | 9% | 94.1% | $188,125 | |
Staunton Financial Inc
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Conventional, FHA | 12 | 6.7% | 92.3% | $165,833 | |
GreenStone Farm Credit Services
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Conventional, Jumbo | 2 | 1.1% | 100% | $625,000 | |
Msu Federal Credit Union
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Conventional, HELOC | 1 +1 HELOCs |
0.6% | 100% | $245,000 | |
Northern Mortgage Services, LLC
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Conventional | 1 | 0.6% | 100% | $125,000 | |
Mortgage 1 Incorporated
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Conventional | 1 | 0.6% | 100% | $265,000 | |
Health Advantage Federal Credi
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Conventional | 1 | 0.6% | 100% | $225,000 | |
Mortgage Center LC
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Conventional | 1 | 0.6% | 100% | $105,000 | |
Top Flite Financial, Inc.
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Conventional | 1 | 0.6% | 100% | $155,000 | |
Mortgage Research Center
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VA | 9 | 5.1% | 69.2% | $247,222 | |
loanDepot.com LLC
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Conventional, FHA, VA | 4 | 2.2% | 100% | $135,000 | |
Cornerstone First Mortgage, LLC
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Conventional, VA | 3 | 1.7% | 100% | $195,000 | |
Navy Federal Credit Union
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Conventional, VA | 3 | 1.7% | 100% | $161,666 | |
Everett Financial, Inc.
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Conventional, FHA | 2 | 1.1% | 100% | $100,000 | |
Freedom Mortgage Corporation
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Conventional, VA | 2 | 1.1% | 100% | $165,000 | |
Kind Lending, LLC
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Conventional, FHA | 2 | 1.1% | 50% | $80,000 | |
Union Home Mortgage Corp.
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FHA, USDA | 2 | 1.1% | 100% | $100,000 | |
Zillow Home Loans, LLC
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Conventional | 2 | 1.1% | 100% | $245,000 | |
Guaranteed Rate, Inc.
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Conventional | 1 | 0.6% | 33.3% | $145,000 | |
Royal United Mortgage LLC
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Conventional | 1 | 0.6% | 100% | $145,000 | |
HomePromise Corporation
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VA | 1 | 0.6% | 50% | $205,000 | |
Newrez LLC
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Conventional | 1 | 0.6% | 100% | $455,000 | |
Equity Prime Mortgage LLC
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Conventional | 1 | 0.6% | 50% | $95,000 | |
CrossCountry Mortgage, LLC
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FHA | 1 | 0.6% | 100% | $135,000 | |
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A+5.0 ★Texas Ratio: 5.37% |
Conventional | 1 | 0.6% | 100% | $105,000 | View |
Pennymac Loan Services LLC
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VA | 1 | 0.6% | 100% | $225,000 | |
Guild Mortgage Company
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Conventional | 1 | 0.6% | 100% | $115,000 | |
New Day Financial, LLC.
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VA | 1 | 0.6% | 33.3% | $95,000 | |
Churchill Mortgage Corporation
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Conventional | 1 | 0.6% | 100% | $125,000 | |
Planet Home Lending, LLC
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VA | 1 | 0.6% | 100% | $235,000 | |
Nationstar Mortgage
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Conventional | 1 | 0.6% | 66.7% | $55,000 | |
Mortgage Solutions of Colorado
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VA | 1 | 0.6% | 100% | $135,000 | |
Mutual of Omaha Mortgage
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FHA | 1 | 0.6% | 100% | $315,000 | |
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A+5.0 ★Texas Ratio: 0.51% |
Conventional | 1 | 0.6% | 100% | $185,000 | View |
Geneva Financial LLC
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Conventional | 1 | 0.6% | 100% | $165,000 | |
Goodleap, LLC
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HELOC | 0 +1 HELOCs |
0% | n/a | ||
Figure Lending LLC
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HELOC | 0 +1 HELOCs |
0% | n/a | ||
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B4.5 ★Texas Ratio: 20.96% |
HELOC | 0 +1 HELOCs |
0% | n/a | View |
Alpena 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 Alpena, Michigan
Looking for mortgage lenders near me or mortgage brokers near me in Alpena? The list below shows the banks, credit unions and mortgage brokers that closed home loans in Alpena in 2025, with lenders based there listed first.
Types of Mortgage Lenders in Alpena, MI
Use these to narrow the list above. Each category shows how many Alpena, MI lenders fit and what that kind of lender is usually best for.
Who Lends in Alpena, MI
Independent mortgage companies closed 82 percent of home loans in Alpena, Michigan in 2025, banks 11.8 percent and credit unions 6.2 percent. Towne Mortgage Company was the largest mortgage company, Huntington National Bank the largest bank and Community Financial the largest credit union. Among lenders headquartered in Michigan, Mercantile Bank led with 2 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 Alpena, MI
By home loans closed in 2025, Huntington National Bank was the largest mortgage lender in Alpena, Michigan with 11 loans, about 6.2 percent of the market. The largest lender headquartered in Michigan was Mercantile Bank with 2 loans. Source: Home Mortgage Disclosure Act data for 2025, published by the FFIEC and CFPB.
10 lenders closed FHA loans in Alpena, Michigan in 2025, led by United Wholesale Mortgage with 12. 13 lenders closed VA loans, led by Mortgage Research Center, and 1 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. 9 banks and 10 credit unions closed home loans in Alpena, Michigan in 2025, alongside 34 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 Alpena, 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 Alpena, 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 Alpena. 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.
