Mortgage Lenders and Brokers in Ludington, 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
Ludington, Michigan mortgage lenders include West Shore BankWest Shore Bank201 W Loomis St, Ludington, MI 49431A5.0 ★Texas Ratio: 10.41%, Fifth Third Bank, National AssociationFifth Third Bank, National Association5870 W Us Highway 10, Ludington, MI 49431A+5.0 ★Texas Ratio: 3.22%, Huntington National BankHuntington National Bank101 E Court St, Ludington, MI 49431A+5.0 ★Texas Ratio: 3.66%, The Shelby State BankThe Shelby State Bank30 N Meyers Rd, Ludington, MI 49431A+5.0 ★Texas Ratio: 0.91%, PNC Bank N.A.PNC Bank N.A.4566 W Us Highway 10, Ludington, MI 49431A+5.0 ★Texas Ratio: 4.24%, Preferred Credit UnionPreferred Credit Union266 N Jebavy Dr, Ludington, MI 49431A+5.0 ★Texas Ratio: 1.25%, Lake Michigan Credit UnionLake Michigan Credit Union496 Ada Dr SE STE 103, Ada, MI 49301, Bank of America NABank of America NA395 Briarwood Cir, Ann Arbor, MI 48108A+5.0 ★Texas Ratio: 4.14%, Independent BankIndependent Bank1004 W Midland Rd, Auburn, MI 48611A5.0 ★Texas Ratio: 6.46%, and Mercantile BankMercantile Bank230 Woodworth Ave, Alma, MI 48801A+5.0 ★Texas Ratio: 0.63%. 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 Ludington, Michigan in 2025, as reported under the federal Home Mortgage Disclosure Act. No lender pays for a higher spot. Lenders based in Ludington 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 Ludington, Michigan
Market share is the lender's share of all home loans closed in Ludington, 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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201 W Loomis St, Ludington, MI 49431 A5.0 ★Texas Ratio: 10.41% |
Conventional | 57 | 23.9% | 98.3% | $233,421 | View |
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1 office in Ludington 5870 W Us Highway 10, Ludington, MI 49431 A+5.0 ★Texas Ratio: 3.22% |
Conventional, HELOC | 12 +11 HELOCs |
5% | 92.3% | $115,833 | View |
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1 office in Ludington 101 E Court St, Ludington, MI 49431 A+5.0 ★Texas Ratio: 3.66% |
Conventional, HELOC | 5 +9 HELOCs |
2.1% | 100% | $329,000 | View |
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1 office in Ludington 30 N Meyers Rd, Ludington, MI 49431 A+5.0 ★Texas Ratio: 0.91% |
Conventional | 4 | 1.7% | 100% | $162,500 | View |
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★ 1.7 stars, 3 reviews 1 office in Ludington 4566 W Us Highway 10, Ludington, MI 49431 A+5.0 ★Texas Ratio: 4.24% |
HELOC | 0 +6 HELOCs |
0% | n/a | View | |
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266 N Jebavy Dr, Ludington, MI 49431 A+5.0 ★Texas Ratio: 1.25% |
Conventional | 15 | 6.3% | 88.2% | $53,666 | View |
Lake Michigan Credit Union
496 Ada Dr SE STE 103, Ada, MI 49301 |
Conventional, HELOC | 6 +5 HELOCs |
2.5% | 85.7% | $255,000 | |
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395 Briarwood Cir, Ann Arbor, MI 48108 A+5.0 ★Texas Ratio: 4.14% |
Conventional, Jumbo | 2 | 0.8% | 100% | $795,000 | View |
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1004 W Midland Rd, Auburn, MI 48611 A5.0 ★Texas Ratio: 6.46% |
Conventional | 2 | 0.8% | 100% | $245,000 | View |
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230 Woodworth Ave, Alma, MI 48801 A+5.0 ★Texas Ratio: 0.63% |
Conventional, Jumbo | 2 | 0.8% | 100% | $320,000 | View |
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3930 S State Rd, Ann Arbor, MI 48108 A+5.0 ★Texas Ratio: 4.12% |
Conventional, Jumbo | 2 | 0.8% | 100% | $1,095,000 | View |
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223 S Front St, Dowagiac, MI 49047 A+5.0 ★Texas Ratio: 5.01% |
Conventional | 1 | 0.4% | 100% | $155,000 | View |
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455 Ada Dr Se, Ada, MI 49301 A+5.0 ★Texas Ratio: 3.68% |
Conventional | 1 | 0.4% | 100% | $305,000 | View |
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1422 S Winter St, Adrian, MI 49221 A+5.0 ★Texas Ratio: 4.98% |
Conventional | 1 | 0.4% | 100% | $445,000 | View |
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2469 Cedar Street, Delhi Township, MI 48842 A-4.9 ★Texas Ratio: 16.59% |
FHA | 1 | 0.4% | 100% | $265,000 | View |
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3333 Deposit Dr Ne, Grand Rapids, MI 49546 A5.0 ★Texas Ratio: 8.47% |
Conventional | 1 | 0.4% | 100% | $475,000 | View |
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20645 Gibraltar Rd, Brownstown Twp, MI 48183 A+5.0 ★Texas Ratio: 4.92% |
Conventional, Jumbo | 1 | 0.4% | 100% | $965,000 | View |
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3501 Hamlin Rd, Auburn Hills, MI 48326 A+5.0 ★Texas Ratio: 0.54% |
Conventional | 1 | 0.4% | 50% | $155,000 | View |
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6081 B Dr N, Battle Creek, MI 49014 8367 A+5.0 ★Texas Ratio: 3.56% |
Conventional | 1 | 0.4% | 50% | $185,000 | View |
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6299 Lake Michigan Dr, Allendale, MI 49401 A+5.0 ★Texas Ratio: 0.50% |
Conventional | 1 | 0.4% | 100% | $795,000 | View |
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508 State St, Fremont, MI 49412 A+5.0 ★Texas Ratio: 4.59% |
Conventional | 1 | 0.4% | 100% | $45,000 | View |
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2936 Wilder Rd, Bay City, MI 48706 A+5.0 ★Texas Ratio: 3.16% |
Conventional | 1 | 0.4% | 100% | $295,000 | View |
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5350 Beckley Road B Drive North, Battle Creek, MI 49015 A5.0 ★Texas Ratio: 8.82% |
Conventional | 1 | 0.4% | 100% | $375,000 | View |
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201 S Superior Ave, Baraga, MI 49908 A+5.0 ★Texas Ratio: 4.32% |
Conventional | 1 | 0.4% | 50% | $325,000 | View |
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2100 Executive Hills Dr, Auburn Hills, MI 48326 2947 A+5.0 ★Texas Ratio: 5.37% |
HELOC | 0 +1 HELOCs |
0% | n/a | View | |
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2400 Green Rd, Ann Arbor, MI 48105 1550 A+5.0 ★Texas Ratio: 2.54% |
HELOC | 0 +1 HELOCs |
0% | n/a | View | |
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2910 Carpenter Rd, Ann Arbor, MI 48108 A+5.0 ★Texas Ratio: 1.86% |
HELOC | 0 +1 HELOCs |
0% | n/a | View | |
Rocket Mortgage
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Conventional, FHA, VA | 29 | 12.2% | 85.3% | $236,034 | |
Mortgage 1 Incorporated
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Conventional, FHA, VA | 23 | 9.7% | 100% | $238,043 | |
United Wholesale Mortgage
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Conventional, VA, HELOC | 7 +1 HELOCs |
2.9% | 100% | $156,428 | |
Health Advantage Federal Credi
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Conventional | 1 | 0.4% | 100% | $235,000 | |
Staunton Financial Inc
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Conventional | 1 | 0.4% | 100% | $265,000 | |
Msu Federal Credit Union
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HELOC | 0 +1 HELOCs |
0% | n/a | ||
CrossCountry Mortgage, LLC
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Conventional, VA | 4 | 1.7% | 80% | $385,000 | |
Mortgage Research Center
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Conventional, VA | 4 | 1.7% | 100% | $215,000 | |
Freedom Mortgage Corporation
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VA | 3 | 1.3% | 100% | $275,000 | |
American Pacific Mortgage Corporation
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Conventional, FHA, VA | 3 | 1.3% | 100% | $258,333 | |
Navy Federal Credit Union
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Conventional, VA | 3 | 1.3% | 100% | $361,666 | |
Tammac Holdings Corporation
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Conventional | 3 | 1.3% | 60% | $38,333 | |
Royal United Mortgage LLC
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Conventional | 2 | 0.8% | 100% | $90,000 | |
Triad Financial Services, Inc.
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Conventional | 2 | 0.8% | 25% | $80,000 | |
Nationstar Mortgage
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Conventional, FHA | 2 | 0.8% | 100% | $135,000 | |
Mutual of Omaha Mortgage
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FHA, VA | 2 | 0.8% | 100% | $205,000 | |
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A+5.0 ★Texas Ratio: 0.51% |
Conventional | 2 | 0.8% | 66.7% | $120,000 | View |
EMM Loans LLC
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FHA | 1 | 0.4% | 100% | $225,000 | |
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A+5.0 ★Texas Ratio: 4.11% |
Conventional | 1 | 0.4% | 100% | $175,000 | View |
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A+5.0 ★Texas Ratio: 2.85% |
Conventional | 1 | 0.4% | 33.3% | $35,000 | View |
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A+5.0 ★Texas Ratio: 0.00% |
Conventional | 1 | 0.4% | 100% | $245,000 | View |
Guaranteed Rate, Inc.
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Conventional | 1 | 0.4% | 100% | $95,000 | |
Newrez LLC
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Conventional | 1 | 0.4% | 100% | $165,000 | |
Gvc Mortgage, Inc.
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Conventional | 1 | 0.4% | 100% | $625,000 | |
AmeriHome Mortgage Company, LLC
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FHA | 1 | 0.4% | 100% | $195,000 | |
Pennymac Loan Services LLC
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VA | 1 | 0.4% | 100% | $235,000 | |
Amerisave Mortgage Company
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FHA | 1 | 0.4% | 50% | $155,000 | |
Guild Mortgage Company
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Conventional | 1 | 0.4% | 100% | $445,000 | |
American Financial Network, Inc.
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FHA | 1 | 0.4% | 100% | $205,000 | |
HomeXpress Mortgage Corp.
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Conventional | 1 | 0.4% | 100% | $205,000 | |
Cmg Mortgage Inc
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Conventional | 1 | 0.4% | 100% | $225,000 | |
Bayshore Mortgage Funding
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Conventional | 1 | 0.4% | 100% | $145,000 | |
Discover Bank
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Conventional | 1 | 0.4% | 33.3% | $125,000 | |
ClearPath Lending
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VA | 1 | 0.4% | 50% | $225,000 | |
Union Home Mortgage Corp.
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Conventional | 1 | 0.4% | 100% | $85,000 | |
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A+5.0 ★Texas Ratio: 2.94% |
Conventional, Jumbo | 1 | 0.4% | 100% | $955,000 | View |
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A+5.0 ★Texas Ratio: 2.20% |
Conventional | 1 | 0.4% | 100% | $185,000 | View |
Three Rivers Federal Crediit U
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Conventional | 1 | 0.4% | 100% | $285,000 | |
Milend, Inc
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FHA | 1 | 0.4% | 100% | $135,000 | |
Zillow Home Loans, LLC
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FHA | 1 | 0.4% | 100% | $335,000 | |
Prosperity Home Mortgage, LLC
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FHA | 1 | 0.4% | 100% | $265,000 | |
Carrington Mortgage Services LLC
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Conventional | 1 | 0.4% | 60% | $25,000 | |
Ark-La-Tex Financial Services LLC
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Conventional | 1 | 0.4% | 100% | $295,000 | |
Tomo Mortgage LLC
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Conventional | 1 | 0.4% | 100% | $565,000 | |
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B4.5 ★Texas Ratio: 20.96% |
HELOC | 0 +3 HELOCs |
0% | n/a | View | |
Figure Lending LLC
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HELOC | 0 +1 HELOCs |
0% | n/a |
Ludington 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 Ludington, Michigan
Looking for mortgage lenders near me or mortgage brokers near me in Ludington? The list below shows the banks, credit unions and mortgage brokers that closed home loans in Ludington in 2025, with lenders based there listed first.
Types of Mortgage Lenders in Ludington, MI
Use these to narrow the list above. Each category shows how many Ludington, MI lenders fit and what that kind of lender is usually best for.
Who Lends in Ludington, MI
Independent mortgage companies closed 44.5 percent of home loans in Ludington, Michigan in 2025, banks 42.4 percent and credit unions 13 percent. Rocket Mortgage was the largest mortgage company, West Shore Bank the largest bank and Preferred Credit Union the largest credit union. Among lenders headquartered in Michigan, West Shore Bank led with 57 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 Ludington, MI
By home loans closed in 2025, West Shore Bank was the largest mortgage lender in Ludington, Michigan with 57 loans, about 23.9 percent of the market. Source: Home Mortgage Disclosure Act data for 2025, published by the FFIEC and CFPB.
Among lenders with meaningful volume in Ludington, Michigan, West Shore Bank approved the highest share of completed applications in 2025 at 98.3 percent, against a 88.6 percent average for all lenders. Approval share reflects the applicants a lender attracts as much as its underwriting, so compare it alongside loan programs and median loan size. Source: Home Mortgage Disclosure Act data for 2025, published by the FFIEC and CFPB.
13 lenders closed FHA loans in Ludington, Michigan in 2025, led by Rocket Mortgage with 5. 11 lenders closed VA loans, led by Freedom Mortgage Corporation. 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. 24 banks and 14 credit unions closed home loans in Ludington, Michigan in 2025, alongside 35 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 Ludington, 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 Ludington, 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 Ludington. 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.
