Mortgage Lenders and Brokers in Cheboygan, 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
Cheboygan, Michigan mortgage lenders include Nicolet National BankNicolet National Bank350 S Main St, Cheboygan, MI 49721A+5.0 ★Texas Ratio: 2.28%, PNC Bank N.A.PNC Bank N.A.316 N Main St, Cheboygan, MI 49721A+5.0 ★Texas Ratio: 4.24%, First Community BankFirst Community Bank201 N Main St, Cheboygan, MI 49721A+5.0 ★Texas Ratio: 0.00%, Member First Mortgage, LLCMember First Mortgage, LLC650 W 5th St, Clare, MI 48617, Huntington National BankHuntington National Bank202 W Maumee St, Adrian, MI 49221A+5.0 ★Texas Ratio: 3.66%, Mercantile BankMercantile Bank230 Woodworth Ave, Alma, MI 48801A+5.0 ★Texas Ratio: 0.63%, Honor BankHonor Bank11926 Chippewa Hwy, Bear Lake, MI 49614A+5.0 ★Texas Ratio: 5.27%, JPMorgan Chase Bank, NAJPMorgan Chase Bank, NA455 Ada Dr Se, Ada, MI 49301A+5.0 ★Texas Ratio: 3.68%, Flagstar Bank NAFlagstar Bank NA3233 Fairlane Dr, Allen Park, MI 48101D3.3 ★Texas Ratio: 35.11%, and 4Front Credit Union4Front Credit Union515 E Cayuga St, Bellaire, MI 49615. 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 Cheboygan, Michigan in 2025, as reported under the federal Home Mortgage Disclosure Act. No lender pays for a higher spot. Lenders based in Cheboygan 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 Cheboygan, Michigan
Market share is the lender's share of all home loans closed in Cheboygan, 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 Cheboygan 350 S Main St, Cheboygan, MI 49721 A+5.0 ★Texas Ratio: 2.28% |
Conventional, HELOC | 2 +2 HELOCs |
2.2% | 100% | $350,000 | View |
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★ 1.7 stars, 3 reviews 1 office in Cheboygan 316 N Main St, Cheboygan, MI 49721 A+5.0 ★Texas Ratio: 4.24% |
VA, HELOC | 1 +3 HELOCs |
1.1% | 50% | $265,000 | View |
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1 office in Cheboygan 201 N Main St, Cheboygan, MI 49721 A+5.0 ★Texas Ratio: 0.00% |
Conventional | 1 | 1.1% | 100% | $35,000 | View |
Member First Mortgage, LLC
650 W 5th St, Clare, MI 48617 |
Conventional | 6 | 6.5% | 60% | $140,000 | |
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202 W Maumee St, Adrian, MI 49221 A+5.0 ★Texas Ratio: 3.66% |
Conventional, HELOC | 3 +1 HELOCs |
3.3% | 100% | $345,000 | View |
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230 Woodworth Ave, Alma, MI 48801 A+5.0 ★Texas Ratio: 0.63% |
FHA | 2 | 2.2% | 100% | $155,000 | View |
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11926 Chippewa Hwy, Bear Lake, MI 49614 A+5.0 ★Texas Ratio: 5.27% |
Conventional | 1 | 1.1% | 100% | $85,000 | View |
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455 Ada Dr Se, Ada, MI 49301 A+5.0 ★Texas Ratio: 3.68% |
Conventional | 1 | 1.1% | 100% | $155,000 | View |
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3233 Fairlane Dr, Allen Park, MI 48101 D3.3 ★Texas Ratio: 35.11% |
Conventional | 1 | 1.1% | 100% | $175,000 | View |
4Front Credit Union
515 E Cayuga St, Bellaire, MI 49615 |
Conventional | 1 | 1.1% | 100% | $65,000 | |
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1026 W Midland Rd, AUBURN, MI 48611 A+5.0 ★Texas Ratio: 4.11% |
Conventional | 1 | 1.1% | 100% | $45,000 | View |
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20645 Gibraltar Rd, Brownstown Twp, MI 48183 A+5.0 ★Texas Ratio: 4.92% |
Conventional | 1 | 1.1% | 100% | $125,000 | View |
Lake Michigan Credit Union
496 Ada Dr SE STE 103, Ada, MI 49301 |
Conventional | 1 | 1.1% | 100% | $425,000 | |
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475 Ada Drive, Ada Township, MI 49301 A+5.0 ★Texas Ratio: 3.22% |
Conventional | 1 | 1.1% | 100% | $315,000 | 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 | |
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3501 Hamlin Rd, Auburn Hills, MI 48326 A+5.0 ★Texas Ratio: 0.54% |
HELOC | 0 +1 HELOCs |
0% | n/a | View | |
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23670 Telegraph Rd, Brownstown, MI 48134 A+5.0 ★Texas Ratio: 5.43% |
HELOC | 0 +1 HELOCs |
0% | n/a | View | |
Rocket Mortgage
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Conventional, FHA, VA | 24 | 26.1% | 78.1% | $128,333 | |
United Wholesale Mortgage
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Conventional, FHA, VA | 11 | 12% | 84.6% | $198,636 | |
Success Mortgage Partners, Inc
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Conventional, FHA | 3 | 3.3% | 100% | $128,333 | |
Gold Star Mortgage Financial Group, Corporation
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Conventional, FHA | 2 | 2.2% | 100% | $75,000 | |
Msu Federal Credit Union
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Conventional | 1 | 1.1% | 100% | $115,000 | |
Legacy Mortgage
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USDA | 1 | 1.1% | 100% | $145,000 | |
Ross Mortgage Corporation
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Conventional | 1 | 1.1% | 100% | $115,000 | |
GreenStone Farm Credit Services
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Conventional | 1 | 1.1% | 100% | $275,000 | |
BLG Holdings, LLC
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Conventional | 1 | 1.1% | 100% | $125,000 | |
Mortgage Research Center
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VA | 6 | 6.5% | 77.8% | $228,333 | |
Union Home Mortgage Corp.
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FHA, USDA | 2 | 2.2% | 100% | $235,000 | |
Calcon Mutual Mortgage LLC
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Conventional, FHA | 2 | 2.2% | 100% | $235,000 | |
21St Mortgage
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Conventional | 2 | 2.2% | 13.3% | $45,000 | |
Carrington Mortgage Services LLC
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FHA, VA | 2 | 2.2% | 100% | $145,000 | |
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A5.0 ★Texas Ratio: 11.06% |
Conventional | 1 | 1.1% | 100% | $455,000 | View |
Lakeview Loan Servicing, LLC
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Conventional | 1 | 1.1% | 100% | $45,000 | |
CrossCountry Mortgage, LLC
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FHA | 1 | 1.1% | 50% | $135,000 | |
Compeer Financial
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Conventional | 1 | 1.1% | 100% | $225,000 | |
Oaktree Funding Corp
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Conventional | 1 | 1.1% | 100% | $455,000 | |
Amerisave Mortgage Company
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FHA | 1 | 1.1% | 25% | $145,000 | |
ClearPath Lending
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VA | 1 | 1.1% | 100% | $155,000 | |
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B-3.5 ★Texas Ratio: 6.80% |
VA | 1 | 1.1% | 50% | $315,000 | View |
Nationstar Mortgage
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Conventional | 1 | 1.1% | 50% | $45,000 | |
Plaza Home Mortgage, Inc
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FHA | 1 | 1.1% | 100% | $185,000 | |
Figure Lending LLC
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HELOC | 0 +1 HELOCs |
0% | n/a | ||
Spring Eq, LLC
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HELOC | 0 +1 HELOCs |
0% | n/a |
Cheboygan 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 Cheboygan, Michigan
Looking for mortgage lenders near me or mortgage brokers near me in Cheboygan? The list below shows the banks, credit unions and mortgage brokers that closed home loans in Cheboygan in 2025, with lenders based there listed first.
Types of Mortgage Lenders in Cheboygan, MI
Use these to narrow the list above. Each category shows how many Cheboygan, MI lenders fit and what that kind of lender is usually best for.
Who Lends in Cheboygan, MI
Independent mortgage companies closed 78.3 percent of home loans in Cheboygan, Michigan in 2025, banks 16.3 percent and credit unions 5.4 percent. Member First Mortgage, LLC was the largest mortgage company, Nicolet National Bank the largest bank and 4Front Credit Union the largest credit union. Among lenders headquartered in Michigan, First Community Bank led with 1 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 Cheboygan, MI
By home loans closed in 2025, Nicolet National Bank was the largest mortgage lender in Cheboygan, Michigan with 2 loans, about 2.2 percent of the market. The largest lender headquartered in Michigan was First Community Bank with 1 loans. Source: Home Mortgage Disclosure Act data for 2025, published by the FFIEC and CFPB.
11 lenders closed FHA loans in Cheboygan, Michigan in 2025, led by Rocket Mortgage with 6. 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. 12 banks and 7 credit unions closed home loans in Cheboygan, Michigan in 2025, alongside 24 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 Cheboygan, 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 Cheboygan, 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 Cheboygan. 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.
