Mortgage Lenders and Brokers in Monroe, 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
Monroe, Michigan mortgage lenders include Monroe Community Credit UnionMonroe Community Credit Union715 N Telegraph Rd, Monroe, MI 48162 5130A+5.0 ★Texas Ratio: 1.13%, First Merchants BankFirst Merchants Bank1500 N Custer Rd, Monroe, MI 48162A+5.0 ★Texas Ratio: 4.12%, Fifth Third Bank, National AssociationFifth Third Bank, National Association2133 N Telegraph Rd, Monroe, MI 48162A+5.0 ★Texas Ratio: 3.22%, Keybank National AssociationKeybank National Association1535 N Telegraph Rd, Monroe, MI 48162A+5.0 ★Texas Ratio: 4.81%, Huntington National BankHuntington National Bank602 S Monroe St, Monroe, MI 48161A+5.0 ★Texas Ratio: 3.66%, Flagstar Bank NAFlagstar Bank NA2203 N Telegraph Rd, Monroe, MI 48162D3.3 ★Texas Ratio: 35.11%, PNC Bank N.A.PNC Bank N.A.202 N Monroe St, Monroe, MI 48162A+5.0 ★Texas Ratio: 4.24%, Michigan First Credit UnionMichigan First Credit Union20645 Gibraltar Rd, Brownstown Twp, MI 48183A+5.0 ★Texas Ratio: 4.92%, Advantage One Credit UnionAdvantage One Credit Union23670 Telegraph Rd, Brownstown, MI 48134A+5.0 ★Texas Ratio: 5.43%, and DFCU FinancialDFCU Financial2910 Carpenter Rd, Ann Arbor, MI 48108A+5.0 ★Texas Ratio: 1.86%. 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 Monroe, Michigan in 2025, as reported under the federal Home Mortgage Disclosure Act. No lender pays for a higher spot. Lenders based in Monroe 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 Monroe, Michigan
Market share is the lender's share of all home loans closed in Monroe, 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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715 N Telegraph Rd, Monroe, MI 48162 5130 A+5.0 ★Texas Ratio: 1.13% |
Conventional, HELOC | 31 +8 HELOCs |
6.8% | 91.2% | $65,645 | View |
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4 offices in Monroe 1500 N Custer Rd, Monroe, MI 48162 A+5.0 ★Texas Ratio: 4.12% |
Conventional, HELOC | 16 +12 HELOCs |
3.5% | 88.9% | $131,875 | View |
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2 offices in Monroe 2133 N Telegraph Rd, Monroe, MI 48162 A+5.0 ★Texas Ratio: 3.22% |
Conventional, FHA, HELOC | 10 +16 HELOCs |
2.2% | 50% | $142,000 | View |
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1 office in Monroe 1535 N Telegraph Rd, Monroe, MI 48162 A+5.0 ★Texas Ratio: 4.81% |
Conventional, HELOC | 7 +1 HELOCs |
1.5% | 77.8% | $133,571 | View |
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1 office in Monroe 602 S Monroe St, Monroe, MI 48161 A+5.0 ★Texas Ratio: 3.66% |
Conventional, FHA, HELOC | 6 +15 HELOCs |
1.3% | 63.6% | $165,000 | View |
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1 office in Monroe 2203 N Telegraph Rd, Monroe, MI 48162 D3.3 ★Texas Ratio: 35.11% |
Conventional, FHA, HELOC | 4 +1 HELOCs |
0.9% | 100% | $162,500 | View |
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★ 1.7 stars, 3 reviews 1 office in Monroe 202 N Monroe St, Monroe, MI 48162 A+5.0 ★Texas Ratio: 4.24% |
Conventional, VA, HELOC | 2 +5 HELOCs |
0.4% | 100% | $145,000 | View |
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20645 Gibraltar Rd, Brownstown Twp, MI 48183 A+5.0 ★Texas Ratio: 4.92% |
Conventional, FHA | 5 | 1.1% | 83.3% | $177,000 | View |
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23670 Telegraph Rd, Brownstown, MI 48134 A+5.0 ★Texas Ratio: 5.43% |
Conventional | 3 | 0.7% | 100% | $61,666 | View |
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2910 Carpenter Rd, Ann Arbor, MI 48108 A+5.0 ★Texas Ratio: 1.86% |
Conventional, HELOC | 2 +5 HELOCs |
0.4% | 100% | $290,000 | View |
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1422 S Winter St, Adrian, MI 49221 A+5.0 ★Texas Ratio: 4.98% |
Conventional, HELOC | 2 +3 HELOCs |
0.4% | 100% | $120,000 | View |
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2100 Executive Hills Dr, Auburn Hills, MI 48326 2947 A+5.0 ★Texas Ratio: 5.37% |
Conventional, HELOC | 2 +1 HELOCs |
0.4% | 100% | $285,000 | View |
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34100 Woodward Ave, Birmingham, MI 48009 A+5.0 ★Texas Ratio: 5.36% |
Conventional | 2 | 0.4% | 66.7% | $110,000 | View |
Community Financial
12483 State St, Atlanta, MI 49709 |
Conventional, HELOC | 1 +2 HELOCs |
0.2% | 100% | $265,000 | |
Lake Michigan Credit Union
496 Ada Dr SE STE 103, Ada, MI 49301 |
Conventional, HELOC | 1 +1 HELOCs |
0.2% | 100% | $315,000 | |
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455 Ada Dr Se, Ada, MI 49301 A+5.0 ★Texas Ratio: 3.68% |
Conventional | 1 | 0.2% | 50% | $165,000 | View |
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3044 W Grand Blvd Ste L 350, Detroit, MI 48202 3142 A+5.0 ★Texas Ratio: 5.17% |
Conventional | 1 | 0.2% | 100% | $145,000 | View |
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22855 Gibraltar Rd, Flat Rock, MI 48134 A+5.0 ★Texas Ratio: 2.18% |
Conventional | 1 | 0.2% | 100% | $25,000 | View |
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241 E Saginaw St, East Lansing, MI 48823 B-4.3 ★Texas Ratio: 23.12% |
Conventional | 1 | 0.2% | 100% | $125,000 | View |
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455 E Eisenhower Pkwy, Ann Arbor, MI 48108 A+5.0 ★Texas Ratio: 5.44% |
HELOC | 0 +4 HELOCs |
0% | n/a | View | |
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395 Briarwood Cir, Ann Arbor, MI 48108 A+5.0 ★Texas Ratio: 4.14% |
HELOC | 0 +4 HELOCs |
0% | n/a | View | |
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2550 Capital Ave SW, Battle Creek, MI 49015 A+5.0 ★Texas Ratio: 5.38% |
HELOC | 0 +1 HELOCs |
0% | n/a | View | |
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1004 W Midland Rd, Auburn, MI 48611 A5.0 ★Texas Ratio: 6.46% |
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% | 50% | View | |
Rocket Mortgage
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Conventional, FHA, VA | 62 | 13.6% | 80.2% | $139,354 | |
United Wholesale Mortgage
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Conventional, FHA, VA, HELOC | 45 +1 HELOCs |
9.9% | 74.2% | $191,444 | |
Mortgage 1 Incorporated
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Conventional, FHA | 11 | 2.4% | 100% | $158,636 | |
Mortgage Center LC
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Conventional, VA | 5 | 1.1% | 55.6% | $187,000 | |
Staunton Financial Inc
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Conventional, FHA | 5 | 1.1% | 83.3% | $167,000 | |
Gold Star Mortgage Financial Group, Corporation
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Conventional | 3 | 0.7% | 100% | $228,333 | |
Ross Mortgage Corporation
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Conventional, FHA | 2 | 0.4% | 100% | $190,000 | |
Msu Federal Credit Union
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Conventional | 1 | 0.2% | 100% | $175,000 | |
Success Mortgage Partners, Inc
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Conventional | 1 | 0.2% | 100% | $245,000 | |
American Financial Network, Inc.
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Conventional, FHA, VA | 74 | 16.2% | 97.4% | $180,405 | |
Union Home Mortgage Corp.
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Conventional, FHA, VA, HELOC | 30 +9 HELOCs |
6.6% | 93.8% | $150,666 | |
CrossCountry Mortgage, LLC
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Conventional, FHA | 13 | 2.9% | 100% | $168,846 | |
Mortgage Research Center
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Conventional, VA | 11 | 2.4% | 84.6% | $228,636 | |
The Mortgage Link, Inc.
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Conventional, FHA, VA | 9 | 2% | 90% | $186,111 | |
loanDepot.com LLC
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Conventional, FHA | 7 | 1.5% | 88.9% | $186,428 | |
Newrez LLC
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Conventional, FHA | 5 | 1.1% | 50% | $185,000 | |
Amerisave Mortgage Company
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Conventional, FHA | 5 | 1.1% | 50% | $109,000 | |
Directions Credit Union
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Conventional, HELOC | 4 +7 HELOCs |
0.9% | 66.7% | $167,500 | |
Guaranteed Rate, Inc.
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Conventional | 4 | 0.9% | 80% | $300,000 | |
Nationstar Mortgage
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Conventional, FHA | 4 | 0.9% | 71.4% | $90,000 | |
The Loan Store, Inc
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Conventional, HELOC | 3 +1 HELOCs |
0.7% | 100% | $208,333 | |
Equity Resources Inc
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Conventional, FHA | 3 | 0.7% | 100% | $158,333 | |
Ruoff Mortgage Company
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Conventional, FHA | 3 | 0.7% | 75% | $278,333 | |
Pennymac Loan Services LLC
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Conventional, FHA, VA | 3 | 0.7% | 60% | $258,333 | |
Cmg Mortgage Inc
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Conventional, FHA | 3 | 0.7% | 66.7% | $198,333 | |
Tjc Mortgage Inc
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Conventional | 3 | 0.7% | 100% | $241,666 | |
Gvc Mortgage, Inc.
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Conventional, FHA | 2 | 0.4% | 100% | $185,000 | |
Howard Hanna Financial Services, Inc
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Conventional, FHA | 2 | 0.4% | 100% | $220,000 | |
Sun West Mortgage Company, Inc
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Conventional, FHA | 2 | 0.4% | 100% | $85,000 | |
Zillow Home Loans, LLC
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Conventional | 2 | 0.4% | 100% | $150,000 | |
New American Funding, LLC.
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Conventional, FHA | 2 | 0.4% | 50% | $225,000 | |
Carrington Mortgage Services LLC
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Conventional, FHA | 2 | 0.4% | 66.7% | $95,000 | |
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A+5.0 ★Texas Ratio: 0.00% |
Conventional | 1 | 0.2% | 100% | $195,000 | View |
American Financial Resources LLC
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Conventional | 1 | 0.2% | 100% | $325,000 | |
Royal United Mortgage LLC
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Conventional | 1 | 0.2% | 50% | $75,000 | |
Goodleap, LLC
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VA | 1 | 0.2% | 50% | $175,000 | |
Everett Financial, Inc.
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Conventional | 1 | 0.2% | 100% | $565,000 | |
Freedom Mortgage Corporation
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FHA | 1 | 0.2% | 100% | $315,000 | |
PHH Mortgage Corporation
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Conventional | 1 | 0.2% | 100% | $185,000 | |
The Genoa Banking Company
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Conventional | 1 | 0.2% | 100% | $225,000 | |
Discover Bank
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Conventional | 1 | 0.2% | 20% | $85,000 | |
Click n' Close, Inc.
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Conventional | 1 | 0.2% | 100% | $335,000 | |
American Financing Corporation
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FHA | 1 | 0.2% | 100% | $165,000 | |
ClearPath Lending
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Conventional | 1 | 0.2% | 100% | $115,000 | |
American Heritage Lending, LLC
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Conventional | 1 | 0.2% | 100% | $125,000 | |
Weichert Financial Services
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Conventional | 1 | 0.2% | 100% | $215,000 | |
Cardinal Financial Company, Li
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FHA | 1 | 0.2% | 100% | $125,000 | |
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B-3.5 ★Texas Ratio: 6.80% |
Conventional | 1 | 0.2% | 100% | $125,000 | View |
Land Home Financial Services,
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VA | 1 | 0.2% | 100% | $155,000 | |
Churchill Mortgage Corporation
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Conventional | 1 | 0.2% | 100% | $445,000 | |
Milend, Inc
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FHA | 1 | 0.2% | 100% | $195,000 | |
Lower, LLC
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FHA | 1 | 0.2% | 100% | $175,000 | |
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★ 5 stars, 1 review A+5.0 ★Texas Ratio: 1.21% |
Conventional | 1 | 0.2% | 100% | $255,000 | View |
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A+5.0 ★Texas Ratio: 0.51% |
FHA | 1 | 0.2% | 100% | $135,000 | View |
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A5.0 ★Texas Ratio: 9.09% |
FHA | 1 | 0.2% | 100% | $215,000 | View |
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A+5.0 ★Texas Ratio: 4.72% |
Conventional | 1 | 0.2% | 100% | $135,000 | View |
Spring Eq, LLC
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Conventional | 1 | 0.2% | 50% | $35,000 | |
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A+5.0 ★Texas Ratio: 4.32% |
Conventional | 1 | 0.2% | 100% | $95,000 | View |
Village Capital & Investment
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VA | 1 | 0.2% | 50% | $355,000 | |
Figure Lending LLC
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HELOC | 0 +2 HELOCs |
0% | n/a | ||
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B4.5 ★Texas Ratio: 20.96% |
HELOC | 0 +2 HELOCs |
0% | n/a | View | |
Lendage, LLC dba Achieve Loans
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HELOC | 0 +2 HELOCs |
0% | n/a | ||
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A+5.0 ★Texas Ratio: 5.37% |
HELOC | 0 +1 HELOCs |
0% | n/a | View | |
The Farmers & Merchants State Bank
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HELOC | 0 +1 HELOCs |
0% | n/a | ||
Valon Mortgage
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HELOC | 0 +1 HELOCs |
0% | n/a | ||
Wings Financial Credit Union
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HELOC | 0 +1 HELOCs |
0% | n/a | ||
Navy Federal Credit Union
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HELOC | 0 +1 HELOCs |
0% | 0% |
Monroe 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 Monroe, Michigan
Looking for mortgage lenders near me or mortgage brokers near me in Monroe? The list below shows the banks, credit unions and mortgage brokers that closed home loans in Monroe in 2025, with lenders based there listed first.
Types of Mortgage Lenders in Monroe, MI
Use these to narrow the list above. Each category shows how many Monroe, MI lenders fit and what that kind of lender is usually best for.
Who Lends in Monroe, MI
Independent mortgage companies closed 74.3 percent of home loans in Monroe, Michigan in 2025, banks 12.9 percent and credit unions 12.7 percent. Rocket Mortgage was the largest mortgage company, First Merchants Bank the largest bank and Monroe Community Credit Union the largest credit union. Among lenders headquartered in Michigan, Monroe Community Credit Union led with 31 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 Monroe, MI
By home loans closed in 2025, Monroe Community Credit Union was the largest mortgage lender in Monroe, Michigan with 31 loans, about 6.8 percent of the market. Source: Home Mortgage Disclosure Act data for 2025, published by the FFIEC and CFPB.
Among lenders with meaningful volume in Monroe, Michigan, American Financial Network, Inc. approved the highest share of completed applications in 2025 at 97.4 percent, against a 82.1 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.
33 lenders closed FHA loans in Monroe, Michigan in 2025, led by American Financial Network, Inc. with 32. 12 lenders closed VA loans, led by Mortgage Research Center. 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 18 credit unions closed home loans in Monroe, Michigan in 2025, alongside 50 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 Monroe, 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 Monroe, 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 Monroe. 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.
