Mortgage Lenders and Brokers in Schoolcraft, 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
Schoolcraft, Michigan mortgage lenders include Lake Michigan Credit UnionLake Michigan Credit Union106 N Grand St, Schoolcraft, MI 49087, Consumers Credit UnionConsumers Credit Union6081 B Dr N, Battle Creek, MI 49014 8367A+5.0 ★Texas Ratio: 3.56%, Arbor Financial Credit UnionArbor Financial Credit Union7200 KALAMAZOO AVE SE, CALEDONIA, MI 49316A5.0 ★Texas Ratio: 12.10%, Sturgis Bank & TrustSturgis Bank & Trust232 W Monroe St, Bangor, MI 49013A5.0 ★Texas Ratio: 9.46%, Honor Credit UnionHonor Credit Union1253 Lincoln Rd, Allegan, MI 49010A+5.0 ★Texas Ratio: 5.27%, Mercantile BankMercantile Bank230 Woodworth Ave, Alma, MI 48801A+5.0 ★Texas Ratio: 0.63%, OMNI Community Credit UnionOMNI Community Credit Union101 W Monroe St, Bangor, MI 49013A+5.0 ★Texas Ratio: 2.36%, JPMorgan Chase Bank, NAJPMorgan Chase Bank, NA455 Ada Dr Se, Ada, MI 49301A+5.0 ★Texas Ratio: 3.68%, Old National BankOld National Bank1422 S Winter St, Adrian, MI 49221A+5.0 ★Texas Ratio: 4.98%, and Citizens Bank, NACitizens Bank, NA455 E Eisenhower Pkwy, Ann Arbor, MI 48108A+5.0 ★Texas Ratio: 5.44%. 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 Schoolcraft, Michigan in 2025, as reported under the federal Home Mortgage Disclosure Act. No lender pays for a higher spot. Lenders based in Schoolcraft 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 Schoolcraft, Michigan
Market share is the lender's share of all home loans closed in Schoolcraft, 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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Lake Michigan Credit Union
106 N Grand St, Schoolcraft, MI 49087 |
Conventional, Jumbo, HELOC | 13 +3 HELOCs |
15.3% | 100% | $261,923 | |
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6081 B Dr N, Battle Creek, MI 49014 8367 A+5.0 ★Texas Ratio: 3.56% |
Conventional, HELOC | 5 +9 HELOCs |
5.9% | 100% | $391,000 | View |
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7200 KALAMAZOO AVE SE, CALEDONIA, MI 49316 A5.0 ★Texas Ratio: 12.10% |
Conventional, HELOC | 4 +2 HELOCs |
4.7% | 100% | $202,500 | View |
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232 W Monroe St, Bangor, MI 49013 A5.0 ★Texas Ratio: 9.46% |
Conventional, HELOC | 2 +3 HELOCs |
2.4% | 100% | $265,000 | View |
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1253 Lincoln Rd, Allegan, MI 49010 A+5.0 ★Texas Ratio: 5.27% |
Conventional, HELOC | 2 +1 HELOCs |
2.4% | 100% | $200,000 | View |
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230 Woodworth Ave, Alma, MI 48801 A+5.0 ★Texas Ratio: 0.63% |
Conventional, FHA | 2 | 2.4% | 100% | $325,000 | View |
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101 W Monroe St, Bangor, MI 49013 A+5.0 ★Texas Ratio: 2.36% |
Conventional, HELOC | 1 +1 HELOCs |
1.2% | 100% | $35,000 | View |
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455 Ada Dr Se, Ada, MI 49301 A+5.0 ★Texas Ratio: 3.68% |
Conventional | 1 | 1.2% | 100% | $155,000 | View |
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1422 S Winter St, Adrian, MI 49221 A+5.0 ★Texas Ratio: 4.98% |
Conventional | 1 | 1.2% | 100% | $245,000 | View |
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455 E Eisenhower Pkwy, Ann Arbor, MI 48108 A+5.0 ★Texas Ratio: 5.44% |
Conventional | 1 | 1.2% | 100% | $475,000 | View |
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500 N Grand St, Schoolcraft, MI 49087 A+5.0 ★Texas Ratio: 1.68% |
Conventional | 1 | 1.2% | 100% | $45,000 | View |
Member First Mortgage, LLC
650 W 5th St, Clare, MI 48617 |
Conventional | 1 | 1.2% | 100% | $135,000 | |
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2910 Carpenter Rd, Ann Arbor, MI 48108 A+5.0 ★Texas Ratio: 1.86% |
Conventional | 1 | 1.2% | 100% | $595,000 | View |
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1553 Lansing Rd, Charlotte, MI 48813 A+5.0 ★Texas Ratio: 1.86% |
Conventional | 1 | 1.2% | 100% | $275,000 | View |
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1309 N Lincoln St, Bay City, MI 48708 6172 A5.0 ★Texas Ratio: 6.23% |
Conventional | 1 | 1.2% | 100% | $345,000 | View |
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144 W Huron Rd, Au Gres, MI 48703 A+5.0 ★Texas Ratio: 4.40% |
Conventional | 1 | 1.2% | 100% | $155,000 | View |
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475 Ada Drive, Ada Township, MI 49301 A+5.0 ★Texas Ratio: 3.22% |
HELOC | 0 +6 HELOCs |
0% | 0% | View | |
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2550 Capital Ave SW, Battle Creek, MI 49015 A+5.0 ★Texas Ratio: 5.38% |
HELOC | 0 +5 HELOCs |
0% | n/a | 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 +3 HELOCs |
0% | 0% | View | |
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223 S Front St, Dowagiac, MI 49047 A+5.0 ★Texas Ratio: 5.01% |
HELOC | 0 +1 HELOCs |
0% | n/a | View | |
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2121 S Drake Rd, Kalamazoo, MI 49006 5776 A+5.0 ★Texas Ratio: 2.20% |
HELOC | 0 +1 HELOCs |
0% | n/a | View | |
Rocket Mortgage
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Conventional | 7 | 8.2% | 87.5% | $112,142 | |
United Wholesale Mortgage
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Conventional | 5 | 5.9% | 83.3% | $237,000 | |
Success Mortgage Partners, Inc
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Conventional, FHA | 4 | 4.7% | 100% | $170,000 | |
GreenStone Farm Credit Services
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Conventional | 1 | 1.2% | 100% | $135,000 | |
Gvc Mortgage, Inc.
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Conventional, FHA | 7 | 8.2% | 100% | $240,714 | |
Primelending
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Conventional | 2 | 2.4% | 100% | $300,000 | |
CrossCountry Mortgage, LLC
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Conventional, VA | 2 | 2.4% | 100% | $295,000 | |
Mortgage Research Center
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VA | 2 | 2.4% | 100% | $280,000 | |
The Loan Store, Inc
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Conventional, HELOC | 1 +1 HELOCs |
1.2% | 100% | $225,000 | |
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A+5.0 ★Texas Ratio: 2.85% |
Conventional | 1 | 1.2% | 100% | $235,000 | View |
Originpoint, LLC
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Conventional | 1 | 1.2% | 100% | $245,000 | |
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A+5.0 ★Texas Ratio: 0.00% |
USDA | 1 | 1.2% | 100% | $105,000 | View |
Guaranteed Rate, Inc.
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FHA | 1 | 1.2% | 100% | $305,000 | |
Everett Financial, Inc.
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VA | 1 | 1.2% | 100% | $285,000 | |
Freedom Mortgage Corporation
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FHA | 1 | 1.2% | 100% | $275,000 | |
Newrez LLC
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VA | 1 | 1.2% | 100% | $405,000 | |
Union Home Mortgage Corp.
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VA | 1 | 1.2% | 100% | $155,000 | |
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★ 5 stars, 1 review A+5.0 ★Texas Ratio: 2.27% |
FHA | 1 | 1.2% | 100% | $415,000 | View |
Mission Loans, LLC
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Conventional | 1 | 1.2% | 100% | $105,000 | |
Prosperity Home Mortgage, LLC
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Conventional | 1 | 1.2% | 100% | $315,000 | |
New American Funding, LLC.
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FHA | 1 | 1.2% | 50% | $215,000 | |
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A+5.0 ★Texas Ratio: 2.43% |
Conventional | 1 | 1.2% | 100% | $305,000 | View |
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B+4.8 ★Texas Ratio: 16.98% |
FHA | 1 | 1.2% | 100% | $225,000 | View |
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A+5.0 ★Texas Ratio: 0.51% |
Conventional | 1 | 1.2% | 100% | $165,000 | View |
Carrington Mortgage Services LLC
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Conventional | 1 | 1.2% | 100% | $185,000 | |
Figure Lending LLC
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HELOC | 0 +2 HELOCs |
0% | n/a |
Schoolcraft 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 Schoolcraft, Michigan
Looking for mortgage lenders near me or mortgage brokers near me in Schoolcraft? The list below shows the banks, credit unions and mortgage brokers that closed home loans in Schoolcraft in 2025, with lenders based there listed first.
Types of Mortgage Lenders in Schoolcraft, MI
Use these to narrow the list above. Each category shows how many Schoolcraft, MI lenders fit and what that kind of lender is usually best for.
Who Lends in Schoolcraft, MI
Independent mortgage companies closed 48.2 percent of home loans in Schoolcraft, Michigan in 2025, banks 17.6 percent and credit unions 34.1 percent. Member First Mortgage, LLC was the largest mortgage company, Sturgis Bank & Trust the largest bank and Lake Michigan Credit Union the largest credit union. Among lenders headquartered in Michigan, Lake Michigan Credit Union led with 13 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 Schoolcraft, MI
By home loans closed in 2025, Lake Michigan Credit Union was the largest mortgage lender in Schoolcraft, Michigan with 13 loans, about 15.3 percent of the market. Source: Home Mortgage Disclosure Act data for 2025, published by the FFIEC and CFPB.
8 lenders closed FHA loans in Schoolcraft, Michigan in 2025, led by Success Mortgage Partners, Inc with 2. 5 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. 15 banks and 11 credit unions closed home loans in Schoolcraft, Michigan in 2025, alongside 21 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 Schoolcraft, 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 Schoolcraft, 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 Schoolcraft. 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.
