Mortgage Lenders and Brokers in Shelby, 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
Shelby, Michigan mortgage lenders include The Shelby State BankThe Shelby State Bank242 N Michigan Ave, Shelby, MI 49455A+5.0 ★Texas Ratio: 0.91%, Lake Michigan Credit UnionLake Michigan Credit Union496 Ada Dr SE STE 103, Ada, MI 49301, ChoiceOne BankChoiceOne Bank5515 Van Dyke Rd, Almont, MI 48003A+5.0 ★Texas Ratio: 5.45%, Huntington National BankHuntington National Bank202 W Maumee St, Adrian, MI 49221A+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%, Independent BankIndependent Bank1004 W Midland Rd, Auburn, MI 48611A5.0 ★Texas Ratio: 6.46%, West Shore BankWest Shore Bank501 Main St, Frankfort, MI 49635A5.0 ★Texas Ratio: 10.41%, Consumers Credit UnionConsumers Credit Union6081 B Dr N, Battle Creek, MI 49014 8367A+5.0 ★Texas Ratio: 3.56%, First National Bank of AmericaFirst National Bank of America241 E Saginaw St, East Lansing, MI 48823B-4.3 ★Texas Ratio: 23.12%, and Comerica BankComerica Bank101 N Main St Ste 100, Ann Arbor, MI 48104A+5.0 ★Texas Ratio: 4.14%. 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 Shelby, Michigan in 2025, as reported under the federal Home Mortgage Disclosure Act. No lender pays for a higher spot. Lenders based in Shelby 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 Shelby, Michigan
Market share is the lender's share of all home loans closed in Shelby, 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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242 N Michigan Ave, Shelby, MI 49455 A+5.0 ★Texas Ratio: 0.91% |
Conventional | 8 | 8.1% | 75% | $105,000 | View |
Lake Michigan Credit Union
496 Ada Dr SE STE 103, Ada, MI 49301 |
Conventional, FHA, HELOC | 11 +1 HELOCs |
11.1% | 73.3% | $237,727 | |
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5515 Van Dyke Rd, Almont, MI 48003 A+5.0 ★Texas Ratio: 5.45% |
Conventional | 3 | 3% | 100% | $188,333 | View |
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202 W Maumee St, Adrian, MI 49221 A+5.0 ★Texas Ratio: 3.66% |
FHA, HELOC | 2 +12 HELOCs |
2% | 100% | $195,000 | View |
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475 Ada Drive, Ada Township, MI 49301 A+5.0 ★Texas Ratio: 3.22% |
Conventional, HELOC | 2 +4 HELOCs |
2% | 100% | $40,000 | View |
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1004 W Midland Rd, Auburn, MI 48611 A5.0 ★Texas Ratio: 6.46% |
Conventional, HELOC | 2 +1 HELOCs |
2% | 100% | $175,000 | View |
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501 Main St, Frankfort, MI 49635 A5.0 ★Texas Ratio: 10.41% |
Conventional | 2 | 2% | 100% | $115,000 | View |
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6081 B Dr N, Battle Creek, MI 49014 8367 A+5.0 ★Texas Ratio: 3.56% |
Conventional | 2 | 2% | 66.7% | $125,000 | View |
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241 E Saginaw St, East Lansing, MI 48823 B-4.3 ★Texas Ratio: 23.12% |
Conventional | 2 | 2% | 100% | $295,000 | View |
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101 N Main St Ste 100, Ann Arbor, MI 48104 A+5.0 ★Texas Ratio: 4.14% |
FHA, HELOC | 1 +1 HELOCs |
1% | 100% | $115,000 | View |
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4797 Cascade Rd Se, Grand Rapids, MI 49546 B+4.8 ★Texas Ratio: 17.71% |
Conventional | 1 | 1% | 100% | $245,000 | View |
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4555 W River Dr NE, Comstock Park, MI 49321 8928 A+5.0 ★Texas Ratio: 2.21% |
Conventional | 1 | 1% | 100% | $205,000 | View |
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230 Woodworth Ave, Alma, MI 48801 A+5.0 ★Texas Ratio: 0.63% |
Conventional | 1 | 1% | 100% | $275,000 | View |
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4075 W Polk Rd, Hart, MI 49420 8177 A+5.0 ★Texas Ratio: 4.26% |
Conventional | 1 | 1% | 100% | $65,000 | View |
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7200 KALAMAZOO AVE SE, CALEDONIA, MI 49316 A5.0 ★Texas Ratio: 12.10% |
Conventional | 1 | 1% | 100% | $205,000 | 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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144 W Huron Rd, Au Gres, MI 48703 A+5.0 ★Texas Ratio: 4.40% |
HELOC | 0 +1 HELOCs |
0% | n/a | View | |
Mortgage 1 Incorporated
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Conventional, FHA | 13 | 13.1% | 100% | $245,769 | |
Rocket Mortgage
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Conventional, FHA, VA | 10 | 10.1% | 90.9% | $167,000 | |
United Wholesale Mortgage
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FHA | 4 | 4% | 80% | $202,500 | |
MMS Mortgage Services, Ltd.
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Conventional, FHA | 4 | 4% | 80% | $222,500 | |
GreenStone Farm Credit Services
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Conventional | 3 | 3% | 100% | $501,666 | |
Success Mortgage Partners, Inc
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Conventional | 1 | 1% | 100% | $195,000 | |
Top Flite Financial, Inc.
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FHA | 1 | 1% | 100% | $55,000 | |
Mortgage Research Center
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Conventional, FHA, VA | 5 | 5.1% | 100% | $157,000 | |
Carrington Mortgage Services LLC
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Conventional, VA | 3 | 3% | 100% | $108,333 | |
Amerisave Mortgage Company
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Conventional, FHA | 2 | 2% | 66.7% | $70,000 | |
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A+5.0 ★Texas Ratio: 2.85% |
Conventional | 1 | 1% | 100% | $65,000 | View |
Everett Financial, Inc.
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Conventional | 1 | 1% | 100% | $185,000 | |
Freedom Mortgage Corporation
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FHA | 1 | 1% | 100% | $205,000 | |
Newrez LLC
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Conventional | 1 | 1% | 100% | $175,000 | |
Gvc Mortgage, Inc.
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Conventional | 1 | 1% | 100% | $115,000 | |
Pennymac Loan Services LLC
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VA | 1 | 1% | 100% | $175,000 | |
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A+5.0 ★Texas Ratio: 0.72% |
FHA | 1 | 1% | 100% | $265,000 | View |
Union Home Mortgage Corp.
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VA | 1 | 1% | 100% | $805,000 | |
Planet Home Lending, LLC
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VA | 1 | 1% | 100% | $225,000 | |
T2 Financial LLC
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FHA | 1 | 1% | 100% | $255,000 | |
American Pacific Mortgage Corporation
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Conventional | 1 | 1% | 100% | $215,000 | |
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A+5.0 ★Texas Ratio: 0.51% |
Conventional | 1 | 1% | 100% | $55,000 | View |
Leaderone Financial Corp.
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Conventional | 1 | 1% | 50% | $195,000 | |
HomeBridge Financial Services, Inc
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HELOC | 0 +1 HELOCs |
0% | n/a | ||
Lendage, LLC dba Achieve Loans
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HELOC | 0 +1 HELOCs |
0% | n/a |
Shelby 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 Shelby, Michigan
Looking for mortgage lenders near me or mortgage brokers near me in Shelby? The list below shows the banks, credit unions and mortgage brokers that closed home loans in Shelby in 2025, with lenders based there listed first.
Types of Mortgage Lenders in Shelby, MI
Use these to narrow the list above. Each category shows how many Shelby, MI lenders fit and what that kind of lender is usually best for.
Who Lends in Shelby, MI
Independent mortgage companies closed 56.6 percent of home loans in Shelby, Michigan in 2025, banks 27.3 percent and credit unions 16.2 percent. Mortgage 1 Incorporated was the largest mortgage company, The Shelby State Bank the largest bank and Lake Michigan Credit Union the largest credit union. Among lenders headquartered in Michigan, The Shelby State Bank led with 8 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 Shelby, MI
By home loans closed in 2025, The Shelby State Bank was the largest mortgage lender in Shelby, Michigan with 8 loans, about 8.1 percent of the market. Source: Home Mortgage Disclosure Act data for 2025, published by the FFIEC and CFPB.
13 lenders closed FHA loans in Shelby, Michigan in 2025, led by United Wholesale Mortgage with 4. 6 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. 14 banks and 6 credit unions closed home loans in Shelby, Michigan in 2025, alongside 22 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 Shelby, 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 Shelby, 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 Shelby. 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.
