Mortgage Lenders and Brokers in Merrill, 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
Merrill, Michigan mortgage lenders include Mercantile BankMercantile Bank125 W Saginaw St, Merrill, MI 48637A+5.0 ★Texas Ratio: 0.63%, 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%, Isabella BankIsabella Bank240 E Northern Ave, Barryton, MI 49305A+5.0 ★Texas Ratio: 4.10%, Huntington National BankHuntington National Bank202 W Maumee St, Adrian, MI 49221A+5.0 ★Texas Ratio: 3.66%, JPMorgan Chase Bank, NAJPMorgan Chase Bank, NA455 Ada Dr Se, Ada, MI 49301A+5.0 ★Texas Ratio: 3.68%, Members First Credit UnionMembers First Credit Union650 W 5th St, Clare, MI 48617A+5.0 ★Texas Ratio: 4.54%, Citizens Bank, NACitizens Bank, NA455 E Eisenhower Pkwy, Ann Arbor, MI 48108A+5.0 ★Texas Ratio: 5.44%, Independent BankIndependent Bank1004 W Midland Rd, Auburn, MI 48611A5.0 ★Texas Ratio: 6.46%, and Wildfire Credit UnionWildfire Credit Union2936 Wilder Rd, Bay City, MI 48706A+5.0 ★Texas Ratio: 3.16%. 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 Merrill, Michigan in 2025, as reported under the federal Home Mortgage Disclosure Act. No lender pays for a higher spot. Lenders based in Merrill 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 Merrill, Michigan
Market share is the lender's share of all home loans closed in Merrill, 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 Merrill 125 W Saginaw St, Merrill, MI 48637 A+5.0 ★Texas Ratio: 0.63% |
Conventional, HELOC | 1 +1 HELOCs |
2.6% | 50% | $25,000 | View |
Dow Credit Union
600 E Lyon Rd, Midland, MI 48640 5396 |
Conventional | 2 | 5.3% | 100% | $90,000 | |
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710 N Van Dyke Rd, Bad Axe, MI 48413 A5.0 ★Texas Ratio: 8.18% |
Conventional | 2 | 5.3% | 100% | $60,000 | View |
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240 E Northern Ave, Barryton, MI 49305 A+5.0 ★Texas Ratio: 4.10% |
Conventional, HELOC | 1 +1 HELOCs |
2.6% | 100% | $145,000 | View |
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202 W Maumee St, Adrian, MI 49221 A+5.0 ★Texas Ratio: 3.66% |
Conventional, HELOC | 1 +1 HELOCs |
2.6% | 100% | $105,000 | View |
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455 Ada Dr Se, Ada, MI 49301 A+5.0 ★Texas Ratio: 3.68% |
Conventional | 1 | 2.6% | 100% | $45,000 | View |
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650 W 5th St, Clare, MI 48617 A+5.0 ★Texas Ratio: 4.54% |
Conventional | 1 | 2.6% | 100% | $155,000 | View |
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455 E Eisenhower Pkwy, Ann Arbor, MI 48108 A+5.0 ★Texas Ratio: 5.44% |
Conventional | 1 | 2.6% | 100% | $105,000 | View |
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1004 W Midland Rd, Auburn, MI 48611 A5.0 ★Texas Ratio: 6.46% |
Conventional | 1 | 2.6% | 100% | $115,000 | View |
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2936 Wilder Rd, Bay City, MI 48706 A+5.0 ★Texas Ratio: 3.16% |
Conventional | 1 | 2.6% | 100% | $215,000 | View |
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5515 Van Dyke Rd, Almont, MI 48003 A+5.0 ★Texas Ratio: 5.45% |
Conventional | 1 | 2.6% | 50% | $395,000 | View |
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475 Ada Drive, Ada Township, MI 49301 A+5.0 ★Texas Ratio: 3.22% |
Conventional | 1 | 2.6% | 100% | $55,000 | View |
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★ 1.7 stars, 3 reviews 855 Marshall St, Allegan, MI 49010 A+5.0 ★Texas Ratio: 4.24% |
HELOC | 0 +2 HELOCs |
0% | n/a | View | |
United Wholesale Mortgage
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Conventional, VA | 4 | 10.5% | 80% | $180,000 | |
Rocket Mortgage
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Conventional, VA | 3 | 7.9% | 100% | $145,000 | |
Gold Star Mortgage Financial Group, Corporation
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USDA | 1 | 2.6% | 100% | $105,000 | |
Legacy Mortgage
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FHA | 1 | 2.6% | 100% | $185,000 | |
GreenStone Farm Credit Services
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Conventional | 1 | 2.6% | 100% | $505,000 | |
Staunton Financial Inc
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Conventional | 1 | 2.6% | 100% | $245,000 | |
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A+5.0 ★Texas Ratio: 0.00% |
Conventional | 2 | 5.3% | 100% | $95,000 | View |
Kind Lending, LLC
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Conventional, FHA | 2 | 5.3% | 100% | $60,000 | |
Das Acquisition Company, LLC
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Conventional, USDA | 2 | 5.3% | 100% | $195,000 | |
Goodleap, LLC
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FHA | 1 | 2.6% | 100% | $85,000 | |
Lakeview Loan Servicing, LLC
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Conventional | 1 | 2.6% | 50% | $35,000 | |
Newrez LLC
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Conventional | 1 | 2.6% | 100% | $115,000 | |
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A+5.0 ★Texas Ratio: 2.54% |
VA | 1 | 2.6% | 100% | $185,000 | View |
Click n' Close, Inc.
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VA | 1 | 2.6% | 100% | $215,000 | |
Mortgage Research Center
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VA | 1 | 2.6% | 50% | $115,000 | |
Zillow Home Loans, LLC
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Conventional | 1 | 2.6% | 100% | $105,000 |
Merrill 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 Merrill, Michigan
Looking for mortgage lenders near me or mortgage brokers near me in Merrill? The list below shows the banks, credit unions and mortgage brokers that closed home loans in Merrill in 2025, with lenders based there listed first.
Types of Mortgage Lenders in Merrill, MI
Use these to narrow the list above. Each category shows how many Merrill, MI lenders fit and what that kind of lender is usually best for.
Who Lends in Merrill, MI
Independent mortgage companies closed 57.9 percent of home loans in Merrill, Michigan in 2025, banks 26.3 percent and credit unions 15.8 percent. United Wholesale Mortgage was the largest mortgage company, Mercantile Bank the largest bank and Dow Credit Union the largest credit union. Among lenders headquartered in Michigan, Mercantile 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 Merrill, MI
By home loans closed in 2025, Mercantile Bank was the largest mortgage lender in Merrill, Michigan with 1 loans, about 2.6 percent of the market. Source: Home Mortgage Disclosure Act data for 2025, published by the FFIEC and CFPB.
3 lenders closed FHA loans in Merrill, Michigan in 2025, led by Legacy Mortgage with 1. 5 lenders closed VA loans, led by Rocket Mortgage, 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. 10 banks and 4 credit unions closed home loans in Merrill, Michigan in 2025, alongside 15 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 Merrill, 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 Merrill, 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 Merrill. 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.
