Mortgage Lenders and Brokers in Lake City, 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
Lake City, Michigan mortgage lenders include Huntington National BankHuntington National Bank127 S Main St, Lake City, MI 49651A+5.0 ★Texas Ratio: 3.66%, Fifth Third Bank, National AssociationFifth Third Bank, National Association475 Ada Drive, Ada Township, MI 49301A+5.0 ★Texas Ratio: 3.22%, Horizon BankHorizon Bank144 W Huron Rd, Au Gres, MI 48703A+5.0 ★Texas Ratio: 4.40%, Independent BankIndependent Bank1004 W Midland Rd, Auburn, MI 48611A5.0 ★Texas Ratio: 6.46%, 4Front Credit Union4Front Credit Union515 E Cayuga St, Bellaire, MI 49615, State Savings BankState Savings Bank49 N Benzie Blvd, Beulah, MI 49617A+5.0 ★Texas Ratio: 1.81%, Dow Credit UnionDow Credit Union600 E Lyon Rd, Midland, MI 48640 5396, Frankenmuth Credit UnionFrankenmuth Credit Union710 N Van Dyke Rd, Bad Axe, MI 48413A5.0 ★Texas Ratio: 8.18%, Mercantile BankMercantile Bank230 Woodworth Ave, Alma, MI 48801A+5.0 ★Texas Ratio: 0.63%, and Lake Michigan Credit UnionLake Michigan Credit Union496 Ada Dr SE STE 103, Ada, MI 49301. 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 Lake City, Michigan in 2025, as reported under the federal Home Mortgage Disclosure Act. No lender pays for a higher spot. Lenders based in Lake City 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 Lake City, Michigan
Market share is the lender's share of all home loans closed in Lake City, 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 Lake City 127 S Main St, Lake City, MI 49651 A+5.0 ★Texas Ratio: 3.66% |
Conventional, FHA, HELOC | 3 +7 HELOCs |
2.7% | 50% | $241,666 | View |
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475 Ada Drive, Ada Township, MI 49301 A+5.0 ★Texas Ratio: 3.22% |
Conventional, USDA, HELOC | 8 +3 HELOCs |
7.2% | 88.9% | $202,500 | View |
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144 W Huron Rd, Au Gres, MI 48703 A+5.0 ★Texas Ratio: 4.40% |
Conventional, HELOC | 7 +7 HELOCs |
6.3% | 70% | $216,428 | View |
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1004 W Midland Rd, Auburn, MI 48611 A5.0 ★Texas Ratio: 6.46% |
Conventional, VA | 3 | 2.7% | 100% | $315,000 | View |
4Front Credit Union
515 E Cayuga St, Bellaire, MI 49615 |
Conventional, HELOC | 2 +1 HELOCs |
1.8% | 100% | $220,000 | |
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49 N Benzie Blvd, Beulah, MI 49617 A+5.0 ★Texas Ratio: 1.81% |
Conventional | 2 | 1.8% | 100% | $195,000 | View |
Dow Credit Union
600 E Lyon Rd, Midland, MI 48640 5396 |
Conventional | 2 | 1.8% | 66.7% | $115,000 | |
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710 N Van Dyke Rd, Bad Axe, MI 48413 A5.0 ★Texas Ratio: 8.18% |
Conventional | 2 | 1.8% | 100% | $280,000 | View |
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230 Woodworth Ave, Alma, MI 48801 A+5.0 ★Texas Ratio: 0.63% |
Conventional, HELOC | 1 +1 HELOCs |
0.9% | 100% | $485,000 | View |
Lake Michigan Credit Union
496 Ada Dr SE STE 103, Ada, MI 49301 |
Conventional, HELOC | 1 +1 HELOCs |
0.9% | 100% | $355,000 | |
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240 E Northern Ave, Barryton, MI 49305 A+5.0 ★Texas Ratio: 4.10% |
Conventional | 1 | 0.9% | 100% | $775,000 | View |
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2543 S Sherman Rd, Applegate, MI 48401 A+5.0 ★Texas Ratio: 0.17% |
Conventional | 1 | 0.9% | 100% | $85,000 | View |
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7473 Storey Rd, Belding, MI 48809 9360 A+5.0 ★Texas Ratio: 1.25% |
Conventional | 1 | 0.9% | 100% | $285,000 | View |
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41 2nd St, Battle Creek, MI 49014 6286 A+5.0 ★Texas Ratio: 1.68% |
Conventional | 1 | 0.9% | 100% | $35,000 | View |
Wmcu
825 Division St, Big Rapids, MI 49307 2229 |
Conventional | 1 | 0.9% | 100% | $35,000 | |
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6081 B Dr N, Battle Creek, MI 49014 8367 A+5.0 ★Texas Ratio: 3.56% |
Conventional | 1 | 0.9% | 100% | $185,000 | View |
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50 Crahen Ave Ne, Grand Rapids, MI 49525 A+5.0 ★Texas Ratio: 0.88% |
Conventional | 1 | 0.9% | 100% | $155,000 | View |
Rocket Mortgage
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Conventional, FHA, VA, Jumbo | 15 | 13.5% | 80% | $241,666 | |
United Wholesale Mortgage
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Conventional, FHA | 12 | 10.8% | 92.3% | $276,666 | |
GreenStone Farm Credit Services
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Conventional | 3 | 2.7% | 100% | $201,666 | |
Msu Federal Credit Union
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Conventional, HELOC | 2 +1 HELOCs |
1.8% | 100% | $355,000 | |
Mortgage 1 Incorporated
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Conventional, FHA | 2 | 1.8% | 66.7% | $125,000 | |
BLG Holdings, LLC
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Conventional | 1 | 0.9% | 100% | $225,000 | |
Guild Mortgage Company
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Conventional | 4 | 3.6% | 100% | $182,500 | |
Mortgage Research Center
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VA | 4 | 3.6% | 100% | $215,000 | |
Mortgage300 Corporation
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FHA | 3 | 2.7% | 100% | $161,666 | |
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A+5.0 ★Texas Ratio: 0.00% |
Conventional, FHA | 2 | 1.8% | 100% | $190,000 | View |
Freedom Mortgage Corporation
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VA | 2 | 1.8% | 100% | $350,000 | |
Kind Lending, LLC
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Conventional, FHA | 2 | 1.8% | 100% | $50,000 | |
Amerisave Mortgage Company
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Conventional | 2 | 1.8% | 40% | $160,000 | |
American Pacific Mortgage Corporation
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Conventional, VA | 2 | 1.8% | 100% | $190,000 | |
Carrington Mortgage Services LLC
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Conventional | 2 | 1.8% | 66.7% | $165,000 | |
Cornerstone First Mortgage, LLC
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Conventional | 1 | 0.9% | 100% | $345,000 | |
Guaranteed Rate, Inc.
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Conventional | 1 | 0.9% | 50% | $195,000 | |
Newrez LLC
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FHA | 1 | 0.9% | 100% | $195,000 | |
loanDepot.com LLC
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FHA | 1 | 0.9% | 33.3% | $295,000 | |
Movement Mortgage, LLC
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VA | 1 | 0.9% | 100% | $265,000 | |
Pennymac Loan Services LLC
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VA | 1 | 0.9% | 100% | $535,000 | |
American Financial Network, Inc.
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Conventional | 1 | 0.9% | 100% | $165,000 | |
Nations Lending Corporation
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FHA | 1 | 0.9% | 100% | $105,000 | |
Nationstar Mortgage
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FHA | 1 | 0.9% | 100% | $195,000 | |
Pentagon Federal Credit Union
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Conventional | 1 | 0.9% | 100% | $105,000 | |
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A-5.0 ★Texas Ratio: 14.93% |
Conventional | 1 | 0.9% | 100% | $125,000 | View |
Zillow Home Loans, LLC
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Conventional | 1 | 0.9% | 100% | $325,000 | |
Navy Federal Credit Union
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Conventional | 1 | 0.9% | 50% | $195,000 | |
21St Mortgage
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Conventional | 1 | 0.9% | 100% | $145,000 | |
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A4.7 ★Texas Ratio: 2.58% |
Conventional | 1 | 0.9% | 100% | $805,000 | View |
Figure Lending LLC
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HELOC | 0 +2 HELOCs |
0% | n/a | ||
Lendage, LLC dba Achieve Loans
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HELOC | 0 +1 HELOCs |
0% | n/a |
Lake City 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 Lake City, Michigan
Looking for mortgage lenders near me or mortgage brokers near me in Lake City? The list below shows the banks, credit unions and mortgage brokers that closed home loans in Lake City in 2025, with lenders based there listed first.
Types of Mortgage Lenders in Lake City, MI
Use these to narrow the list above. Each category shows how many Lake City, MI lenders fit and what that kind of lender is usually best for.
Who Lends in Lake City, MI
Independent mortgage companies closed 58.6 percent of home loans in Lake City, Michigan in 2025, banks 27.9 percent and credit unions 13.5 percent. Rocket Mortgage was the largest mortgage company, Huntington National Bank the largest bank and 4Front Credit Union the largest credit union. Among lenders headquartered in Michigan, Independent Bank led with 3 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 Lake City, MI
By home loans closed in 2025, Huntington National Bank was the largest mortgage lender in Lake City, Michigan with 3 loans, about 2.7 percent of the market. The largest lender headquartered in Michigan was Independent Bank with 3 loans. Source: Home Mortgage Disclosure Act data for 2025, published by the FFIEC and CFPB.
11 lenders closed FHA loans in Lake City, Michigan in 2025, led by Rocket Mortgage with 5. 7 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. 12 banks and 11 credit unions closed home loans in Lake City, Michigan in 2025, alongside 26 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 Lake City, 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 Lake City, 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 Lake City. 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.
