Mortgage Lenders and Brokers in Indian River, 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
Indian River, Michigan mortgage lenders include Mercantile BankMercantile Bank230 Woodworth Ave, Alma, MI 48801A+5.0 ★Texas Ratio: 0.63%, Huntington National BankHuntington National Bank202 W Maumee St, Adrian, MI 49221A+5.0 ★Texas Ratio: 3.66%, Consumers Credit UnionConsumers Credit Union6081 B Dr N, Battle Creek, MI 49014 8367A+5.0 ★Texas Ratio: 3.56%, 4Front Credit Union4Front Credit Union515 E Cayuga St, Bellaire, MI 49615, JPMorgan Chase Bank, NAJPMorgan Chase Bank, NA455 Ada Dr Se, Ada, MI 49301A+5.0 ★Texas Ratio: 3.68%, Michigan First Credit UnionMichigan First Credit Union20645 Gibraltar Rd, Brownstown Twp, MI 48183A+5.0 ★Texas Ratio: 4.92%, Member First Mortgage, LLCMember First Mortgage, LLC650 W 5th St, Clare, MI 48617, Fifth Third Bank, National AssociationFifth Third Bank, National Association475 Ada Drive, Ada Township, MI 49301A+5.0 ★Texas Ratio: 3.22%, Lake Michigan Credit UnionLake Michigan Credit Union496 Ada Dr SE STE 103, Ada, MI 49301, and Nicolet National BankNicolet National Bank468 N Ripley Blvd, Alpena, MI 49707A+5.0 ★Texas Ratio: 2.28%. 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 Indian River, Michigan in 2025, as reported under the federal Home Mortgage Disclosure Act. No lender pays for a higher spot. Lenders based in Indian River 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 Indian River, Michigan
Market share is the lender's share of all home loans closed in Indian River, 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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230 Woodworth Ave, Alma, MI 48801 A+5.0 ★Texas Ratio: 0.63% |
Conventional, FHA, Jumbo, HELOC | 16 +2 HELOCs |
10.5% | 84.2% | $443,125 | View |
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202 W Maumee St, Adrian, MI 49221 A+5.0 ★Texas Ratio: 3.66% |
Conventional, VA, Jumbo, HELOC | 4 +7 HELOCs |
2.6% | 80% | $555,000 | View |
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6081 B Dr N, Battle Creek, MI 49014 8367 A+5.0 ★Texas Ratio: 3.56% |
Conventional | 3 | 2% | 100% | $378,333 | View |
4Front Credit Union
515 E Cayuga St, Bellaire, MI 49615 |
Conventional, HELOC | 2 +2 HELOCs |
1.3% | 66.7% | $210,000 | |
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455 Ada Dr Se, Ada, MI 49301 A+5.0 ★Texas Ratio: 3.68% |
Conventional | 2 | 1.3% | 100% | $330,000 | View |
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20645 Gibraltar Rd, Brownstown Twp, MI 48183 A+5.0 ★Texas Ratio: 4.92% |
Conventional | 2 | 1.3% | 100% | $475,000 | View |
Member First Mortgage, LLC
650 W 5th St, Clare, MI 48617 |
Conventional | 2 | 1.3% | 100% | $125,000 | |
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475 Ada Drive, Ada Township, MI 49301 A+5.0 ★Texas Ratio: 3.22% |
Conventional | 2 | 1.3% | 100% | $510,000 | View |
Lake Michigan Credit Union
496 Ada Dr SE STE 103, Ada, MI 49301 |
Conventional, HELOC | 1 +4 HELOCs |
0.7% | 100% | $305,000 | |
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468 N Ripley Blvd, Alpena, MI 49707 A+5.0 ★Texas Ratio: 2.28% |
Conventional, HELOC | 1 +3 HELOCs |
0.7% | 50% | $105,000 | View |
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101 N Main St Ste 100, Ann Arbor, MI 48104 A+5.0 ★Texas Ratio: 4.14% |
Conventional, HELOC | 1 +1 HELOCs |
0.7% | 100% | $345,000 | View |
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2151 W Stadium Blvd, Ann Arbor, MI 48103 4543 A+5.0 ★Texas Ratio: 3.99% |
Conventional, HELOC | 1 +1 HELOCs |
0.7% | 100% | $55,000 | View |
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455 E Eisenhower Pkwy, Ann Arbor, MI 48108 A+5.0 ★Texas Ratio: 5.44% |
Conventional, HELOC | 1 +1 HELOCs |
0.7% | 100% | $405,000 | View |
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2910 Carpenter Rd, Ann Arbor, MI 48108 A+5.0 ★Texas Ratio: 1.86% |
Conventional, HELOC | 1 +1 HELOCs |
0.7% | 100% | $265,000 | View |
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★ 1.7 stars, 3 reviews 855 Marshall St, Allegan, MI 49010 A+5.0 ★Texas Ratio: 4.24% |
Conventional, HELOC | 1 +1 HELOCs |
0.7% | 100% | $215,000 | View |
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2100 Executive Hills Dr, Auburn Hills, MI 48326 2947 A+5.0 ★Texas Ratio: 5.37% |
Conventional | 1 | 0.7% | 100% | $105,000 | View |
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501 Main St, Frankfort, MI 49635 A5.0 ★Texas Ratio: 10.41% |
Conventional, Jumbo | 1 | 0.7% | 100% | $1,105,000 | View |
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4797 Cascade Rd Se, Grand Rapids, MI 49546 B+4.8 ★Texas Ratio: 17.71% |
Conventional | 1 | 0.7% | 100% | $445,000 | View |
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49 N Benzie Blvd, Beulah, MI 49617 A+5.0 ★Texas Ratio: 1.81% |
Conventional | 1 | 0.7% | 100% | $345,000 | View |
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1026 W Midland Rd, AUBURN, MI 48611 A+5.0 ★Texas Ratio: 4.11% |
Conventional | 1 | 0.7% | 100% | $325,000 | View |
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2469 Cedar Street, Delhi Township, MI 48842 A-4.9 ★Texas Ratio: 16.59% |
Conventional | 1 | 0.7% | 100% | $275,000 | View |
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3333 Deposit Dr Ne, Grand Rapids, MI 49546 A5.0 ★Texas Ratio: 8.47% |
Conventional | 1 | 0.7% | 100% | $305,000 | View |
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1026 W Midland Rd, AUBURN, MI 48611 A+5.0 ★Texas Ratio: 4.11% |
Conventional | 1 | 0.7% | 100% | $355,000 | View |
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34100 Woodward Ave, Birmingham, MI 48009 A+5.0 ★Texas Ratio: 5.36% |
Conventional | 1 | 0.7% | 100% | $245,000 | View |
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2400 Green Rd, Ann Arbor, MI 48105 1550 A+5.0 ★Texas Ratio: 2.54% |
FHA | 1 | 0.7% | 100% | $245,000 | View |
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2936 Wilder Rd, Bay City, MI 48706 A+5.0 ★Texas Ratio: 3.16% |
Conventional | 1 | 0.7% | 100% | $25,000 | View |
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1553 Lansing Rd, Charlotte, MI 48813 A+5.0 ★Texas Ratio: 1.86% |
Conventional | 1 | 0.7% | 100% | $215,000 | View |
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125 S 5th Ave, Ann Arbor, MI 48104 A+5.0 ★Texas Ratio: 1.88% |
Conventional | 1 | 0.7% | 100% | $185,000 | View |
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710 N Van Dyke Rd, Bad Axe, MI 48413 A5.0 ★Texas Ratio: 8.18% |
Conventional | 1 | 0.7% | 100% | $305,000 | View |
Community Financial
12483 State St, Atlanta, MI 49709 |
HELOC | 0 +2 HELOCs |
0% | n/a | ||
Rocket Mortgage
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Conventional, FHA, VA | 28 | 18.3% | 79.5% | $247,142 | |
United Wholesale Mortgage
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Conventional, FHA, VA | 17 | 11.1% | 89.5% | $343,235 | |
Success Mortgage Partners, Inc
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Conventional, FHA | 4 | 2.6% | 100% | $107,500 | |
Mortgage Center LC
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Conventional | 2 | 1.3% | 100% | $500,000 | |
Staunton Financial Inc
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Conventional, VA | 2 | 1.3% | 100% | $365,000 | |
Msu Federal Credit Union
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Conventional, Jumbo | 1 | 0.7% | 50% | $1,605,000 | |
Legacy Mortgage
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Conventional | 1 | 0.7% | 100% | $185,000 | |
Mortgage 1 Incorporated
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Conventional | 1 | 0.7% | 100% | $255,000 | |
Michigan Mutual, Inc
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Conventional | 1 | 0.7% | 100% | $235,000 | |
GreenStone Farm Credit Services
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Conventional | 1 | 0.7% | 100% | $375,000 | |
Top Flite Financial, Inc.
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FHA | 1 | 0.7% | 100% | $195,000 | |
Mortgage Research Center
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VA | 4 | 2.6% | 80% | $215,000 | |
Newrez LLC
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Conventional, FHA | 3 | 2% | 100% | $121,666 | |
Union Home Mortgage Corp.
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Conventional, FHA, USDA | 3 | 2% | 75% | $298,333 | |
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A+5.0 ★Texas Ratio: 2.85% |
Conventional, VA, HELOC | 2 +1 HELOCs |
1.3% | 100% | $255,000 | View |
Cornerstone First Mortgage, LLC
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Conventional | 2 | 1.3% | 100% | $215,000 | |
Delmar Financial Company
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Conventional | 2 | 1.3% | 100% | $215,000 | |
Movement Mortgage, LLC
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Conventional | 2 | 1.3% | 100% | $805,000 | |
Mortgage300 Corporation
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Conventional | 2 | 1.3% | 100% | $195,000 | |
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A+5.0 ★Texas Ratio: 0.00% |
Conventional | 1 | 0.7% | 100% | $185,000 | View |
Freedom Mortgage Corporation
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VA | 1 | 0.7% | 100% | $225,000 | |
Pennymac Loan Services LLC
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VA | 1 | 0.7% | 100% | $205,000 | |
Amerisave Mortgage Company
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Conventional | 1 | 0.7% | 25% | $45,000 | |
City Lending Inc.
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FHA | 1 | 0.7% | 100% | $245,000 | |
HomeXpress Mortgage Corp.
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Conventional | 1 | 0.7% | 100% | $795,000 | |
Calcon Mutual Mortgage LLC
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VA | 1 | 0.7% | 100% | $285,000 | |
New Day Financial, LLC.
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VA | 1 | 0.7% | 100% | $435,000 | |
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A+5.0 ★Texas Ratio: 1.47% |
Conventional, Jumbo | 1 | 0.7% | 100% | $3,375,000 | View |
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A-4.8 ★Texas Ratio: 12.33% |
Conventional | 1 | 0.7% | 100% | $405,000 | View |
Stockton Mortgage Corporation
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FHA | 1 | 0.7% | 100% | $205,000 | |
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A+5.0 ★Texas Ratio: 3.19% |
Conventional, Jumbo | 1 | 0.7% | 100% | $835,000 | View |
Prosperity Home Mortgage, LLC
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Conventional | 1 | 0.7% | 100% | $275,000 | |
New American Funding, LLC.
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Conventional | 1 | 0.7% | 50% | $145,000 | |
The Loan Store, Inc
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Conventional | 1 | 0.7% | 100% | $805,000 | |
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A4.8 ★Texas Ratio: 2.45% |
Conventional | 1 | 0.7% | 100% | $705,000 | View |
Navy Federal Credit Union
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Conventional | 1 | 0.7% | 100% | $415,000 | |
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B+4.8 ★Texas Ratio: 16.98% |
VA | 1 | 0.7% | 100% | $285,000 | View |
21St Mortgage
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Conventional | 1 | 0.7% | 50% | $85,000 | |
Tomo Mortgage LLC
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Conventional | 1 | 0.7% | 100% | $475,000 | |
Figure Lending LLC
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HELOC | 0 +1 HELOCs |
0% | n/a | ||
HomeBridge Financial Services, Inc
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HELOC | 0 +1 HELOCs |
0% | n/a | ||
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A+5.0 ★Texas Ratio: 2.66% |
HELOC | 0 +1 HELOCs |
0% | n/a | View |
Indian River 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 Indian River, Michigan
Looking for mortgage lenders near me or mortgage brokers near me in Indian River? The list below shows the banks, credit unions and mortgage brokers that closed home loans in Indian River in 2025, with lenders based there listed first.
Types of Mortgage Lenders in Indian River, MI
Use these to narrow the list above. Each category shows how many Indian River, MI lenders fit and what that kind of lender is usually best for.
Who Lends in Indian River, MI
Independent mortgage companies closed 58.8 percent of home loans in Indian River, Michigan in 2025, banks 28.1 percent and credit unions 13.1 percent. Member First Mortgage, LLC was the largest mortgage company, Mercantile Bank the largest bank and Consumers Credit Union the largest credit union. Among lenders headquartered in Michigan, Mercantile Bank led with 16 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 Indian River, MI
By home loans closed in 2025, Mercantile Bank was the largest mortgage lender in Indian River, Michigan with 16 loans, about 10.5 percent of the market. Source: Home Mortgage Disclosure Act data for 2025, published by the FFIEC and CFPB.
10 lenders closed FHA loans in Indian River, Michigan in 2025, led by Mercantile Bank with 2. 11 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. 23 banks and 16 credit unions closed home loans in Indian River, Michigan in 2025, alongside 33 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 Indian River, 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 Indian River, 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 Indian River. 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.
