Mortgage Lenders and Brokers in Chelsea, Michigan
Brian McKay
|
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.
|
✓Fact Checked
|
Loan Rates Last Updated and Verified: October 7, 2026
Chelsea, Michigan mortgage lenders include Huntington National BankHuntington National Bank1135 S Main St, Chelsea, MI 48118A+5.0 ★Texas Ratio: 3.66%, Flagstar Bank NAFlagstar Bank NA1290 S Main St, Chelsea, MI 48118D3.3 ★Texas Ratio: 35.11%, Dart BankDart Bank2469 Cedar Street, Delhi Township, MI 48842A-4.9 ★Texas Ratio: 16.59%, University of Michigan Credit UnionUniversity of Michigan Credit Union340 E Huron St, Ann Arbor, MI 48104A+5.0 ★Texas Ratio: 5.54%, First Merchants BankFirst Merchants Bank3930 S State Rd, Ann Arbor, MI 48108A+5.0 ★Texas Ratio: 4.12%, Genisys Credit UnionGenisys Credit Union2100 Executive Hills Dr, Auburn Hills, MI 48326 2947A+5.0 ★Texas Ratio: 5.37%, JPMorgan Chase Bank, NAJPMorgan Chase Bank, NA455 Ada Dr Se, Ada, MI 49301A+5.0 ★Texas Ratio: 3.68%, Old National BankOld National Bank1422 S Winter St, Adrian, MI 49221A+5.0 ★Texas Ratio: 4.98%, Independent BankIndependent Bank1004 W Midland Rd, Auburn, MI 48611A5.0 ★Texas Ratio: 6.46%, and PNC Bank N.A.PNC Bank N.A.855 Marshall St, Allegan, MI 49010A+5.0 ★Texas Ratio: 4.24%. 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 Chelsea, Michigan in 2025, as reported under the federal Home Mortgage Disclosure Act. No lender pays for a higher spot. Lenders based in Chelsea 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 Chelsea, Michigan
Market share is the lender's share of all home loans closed in Chelsea, 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 |
|---|---|---|---|---|---|---|
|
1 office in Chelsea 1135 S Main St, Chelsea, MI 48118 A+5.0 ★Texas Ratio: 3.66% |
Conventional, HELOC | 1 +4 HELOCs |
0.8% | 100% | $385,000 | View |
|
1 office in Chelsea 1290 S Main St, Chelsea, MI 48118 D3.3 ★Texas Ratio: 35.11% |
Conventional | 1 | 0.8% | 33.3% | $205,000 | View |
|
2469 Cedar Street, Delhi Township, MI 48842 A-4.9 ★Texas Ratio: 16.59% |
Conventional, HELOC | 6 +1 HELOCs |
4.6% | 100% | $266,666 | View |
|
340 E Huron St, Ann Arbor, MI 48104 A+5.0 ★Texas Ratio: 5.54% |
Conventional, HELOC | 3 +4 HELOCs |
2.3% | 100% | $355,000 | View |
|
3930 S State Rd, Ann Arbor, MI 48108 A+5.0 ★Texas Ratio: 4.12% |
Conventional, FHA, HELOC | 3 +2 HELOCs |
2.3% | 100% | $191,666 | View |
|
2100 Executive Hills Dr, Auburn Hills, MI 48326 2947 A+5.0 ★Texas Ratio: 5.37% |
Conventional | 3 | 2.3% | 100% | $255,000 | View |
|
455 Ada Dr Se, Ada, MI 49301 A+5.0 ★Texas Ratio: 3.68% |
Conventional | 3 | 2.3% | 100% | $325,000 | View |
|
1422 S Winter St, Adrian, MI 49221 A+5.0 ★Texas Ratio: 4.98% |
Conventional | 3 | 2.3% | 100% | $198,333 | View |
|
1004 W Midland Rd, Auburn, MI 48611 A5.0 ★Texas Ratio: 6.46% |
Conventional | 3 | 2.3% | 100% | $281,666 | View |
|
★ 1.7 stars, 3 reviews 855 Marshall St, Allegan, MI 49010 A+5.0 ★Texas Ratio: 4.24% |
Conventional, HELOC | 2 +1 HELOCs |
1.5% | 100% | $385,000 | View |
Lake Michigan Credit Union
496 Ada Dr SE STE 103, Ada, MI 49301 |
Conventional | 2 | 1.5% | 100% | $460,000 | |
|
2910 Carpenter Rd, Ann Arbor, MI 48108 A+5.0 ★Texas Ratio: 1.86% |
Conventional, HELOC | 1 +2 HELOCs |
0.8% | 100% | $225,000 | View |
|
395 Briarwood Cir, Ann Arbor, MI 48108 A+5.0 ★Texas Ratio: 4.14% |
Conventional, HELOC | 1 +1 HELOCs |
0.8% | 100% | $185,000 | View |
|
2400 Green Rd, Ann Arbor, MI 48105 1550 A+5.0 ★Texas Ratio: 2.54% |
Conventional, HELOC | 1 +1 HELOCs |
0.8% | 100% | $65,000 | View |
|
2151 W Stadium Blvd, Ann Arbor, MI 48103 4543 A+5.0 ★Texas Ratio: 3.99% |
Conventional | 1 | 0.8% | 100% | $135,000 | View |
|
3044 W Grand Blvd Ste L 350, Detroit, MI 48202 3142 A+5.0 ★Texas Ratio: 5.17% |
Conventional | 1 | 0.8% | 50% | $35,000 | View |
|
3082 Coolidge Hwy, Berkley, MI 48072 A+5.0 ★Texas Ratio: 5.97% |
Conventional | 1 | 0.8% | 100% | $335,000 | View |
|
4141 Jackson Rd, Ann Arbor, MI 48103 1827 A+5.0 ★Texas Ratio: 1.03% |
Conventional | 1 | 0.8% | 100% | $45,000 | View |
|
2400 West Rd, East Lansing, MI 48823 7347 A+5.0 ★Texas Ratio: 5.11% |
Conventional | 1 | 0.8% | 100% | $65,000 | View |
|
★ 1 stars, 1 review 1170 S Main St Ste 100, Chelsea, MI 48118 1472 A5.0 ★Texas Ratio: 6.91% |
Conventional | 1 | 0.8% | 50% | $15,000 | View |
|
2400 Green Rd, Ann Arbor, MI 48105 1550 A+5.0 ★Texas Ratio: 2.54% |
Conventional | 1 | 0.8% | 100% | $105,000 | View |
|
475 Ada Drive, Ada Township, MI 49301 A+5.0 ★Texas Ratio: 3.22% |
Conventional | 1 | 0.8% | 100% | $435,000 | View |
|
125 S 5th Ave, Ann Arbor, MI 48104 A+5.0 ★Texas Ratio: 1.88% |
Conventional | 1 | 0.8% | 100% | $295,000 | View |
|
101 N Main St Ste 100, Ann Arbor, MI 48104 A+5.0 ★Texas Ratio: 4.14% |
HELOC | 0 +1 HELOCs |
0% | n/a | View | |
Rocket Mortgage
|
Conventional | 9 | 6.9% | 81.8% | $222,777 | |
Staunton Financial Inc
|
Conventional | 7 | 5.3% | 100% | $245,000 | |
United Wholesale Mortgage
|
Conventional, FHA, VA | 6 | 4.6% | 85.7% | $386,666 | |
Mortgage 1 Incorporated
|
Conventional | 6 | 4.6% | 100% | $240,000 | |
Msu Federal Credit Union
|
Conventional, HELOC | 2 +2 HELOCs |
1.5% | 100% | $220,000 | |
Gold Star Mortgage Financial Group, Corporation
|
Conventional | 2 | 1.5% | 100% | $330,000 | |
Mortgage Center LC
|
Conventional | 2 | 1.5% | 100% | $370,000 | |
Top Flite Financial, Inc.
|
Conventional | 1 | 0.8% | 100% | $485,000 | |
M/I Financial. LLC
|
Conventional, FHA, VA | 26 | 19.8% | 100% | $367,692 | |
Triad Financial Services, Inc.
|
Conventional | 6 | 4.6% | 70% | $128,333 | |
CrossCountry Mortgage, LLC
|
Conventional, HELOC | 2 +1 HELOCs |
1.5% | 66.7% | $200,000 | |
Ruoff Mortgage Company
|
Conventional | 2 | 1.5% | 100% | $150,000 | |
Newrez LLC
|
Conventional, VA | 2 | 1.5% | 100% | $325,000 | |
Pennymac Loan Services LLC
|
Conventional | 2 | 1.5% | 100% | $210,000 | |
Cornerstone First Mortgage, LLC
|
Conventional | 1 | 0.8% | 100% | $255,000 | |
Guaranteed Rate Affinity, LLC
|
Conventional | 1 | 0.8% | 100% | $395,000 | |
loanDepot.com LLC
|
FHA | 1 | 0.8% | 100% | $345,000 | |
Movement Mortgage, LLC
|
Conventional | 1 | 0.8% | 100% | $355,000 | |
Homestead Funding Corp.
|
Conventional | 1 | 0.8% | 100% | $305,000 | |
Cmg Mortgage Inc
|
Conventional | 1 | 0.8% | 100% | $325,000 | |
Union Home Mortgage Corp.
|
Conventional | 1 | 0.8% | 100% | $255,000 | |
First Colony Mortgage Corporat
|
VA | 1 | 0.8% | 100% | $515,000 | |
Nationstar Mortgage
|
Conventional | 1 | 0.8% | 100% | $95,000 | |
Mortgage Research Center
|
VA | 1 | 0.8% | 50% | $375,000 | |
New American Funding, LLC.
|
Conventional | 1 | 0.8% | 100% | $115,000 | |
Summit Mortgage Corporation
|
FHA | 1 | 0.8% | 100% | $355,000 | |
Paramount Residential Mortgage
|
Conventional | 1 | 0.8% | 100% | $275,000 | |
Texana Bank
|
Conventional | 1 | 0.8% | 100% | $325,000 | |
Figure Lending LLC
|
HELOC | 0 +1 HELOCs |
0% | n/a | ||
Valon Mortgage
|
HELOC | 0 +1 HELOCs |
0% | n/a |
Chelsea 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 Chelsea, Michigan
Looking for mortgage lenders near me or mortgage brokers near me in Chelsea? The list below shows the banks, credit unions and mortgage brokers that closed home loans in Chelsea in 2025, with lenders based there listed first.
Types of Mortgage Lenders in Chelsea, MI
Use these to narrow the list above. Each category shows how many Chelsea, MI lenders fit and what that kind of lender is usually best for.
Who Lends in Chelsea, MI
Independent mortgage companies closed 64.9 percent of home loans in Chelsea, Michigan in 2025, banks 19.8 percent and credit unions 15.3 percent. Towne Mortgage Company was the largest mortgage company, Huntington National Bank the largest bank and University of Michigan Credit Union the largest credit union. Among lenders headquartered in Michigan, Flagstar Bank NA 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 Chelsea, MI
By home loans closed in 2025, Huntington National Bank was the largest mortgage lender in Chelsea, Michigan with 1 loans, about 0.8 percent of the market. The largest lender headquartered in Michigan was Flagstar Bank NA with 1 loans. Source: Home Mortgage Disclosure Act data for 2025, published by the FFIEC and CFPB.
5 lenders closed FHA loans in Chelsea, Michigan in 2025, led by M/I Financial. LLC with 7. 5 lenders closed VA loans, led by M/I Financial. LLC. 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. 13 banks and 13 credit unions closed home loans in Chelsea, Michigan in 2025, alongside 28 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 Chelsea, 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 Chelsea, 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 Chelsea. 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.
