Mortgage Lenders and Brokers in Shepherd, 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
Shepherd, Michigan mortgage lenders include Mercantile BankMercantile Bank258 W Wright Ave, Shepherd, MI 48883A+5.0 ★Texas Ratio: 0.63%, Isabella BankIsabella Bank500 E Wright Ave, Shepherd, MI 48883A+5.0 ★Texas Ratio: 4.10%, Dart BankDart Bank2469 Cedar Street, Delhi Township, MI 48842A-4.9 ★Texas Ratio: 16.59%, Dow Credit UnionDow Credit Union600 E Lyon Rd, Midland, MI 48640 5396, Huntington National BankHuntington National Bank202 W Maumee St, Adrian, MI 49221A+5.0 ★Texas Ratio: 3.66%, Independent BankIndependent Bank1004 W Midland Rd, Auburn, MI 48611A5.0 ★Texas Ratio: 6.46%, Credit Union OneCredit Union One2400 Green Rd, Ann Arbor, MI 48105 1550A+5.0 ★Texas Ratio: 2.54%, Lake Trust Credit UnionLake Trust Credit Union2222 Packard St, Ann Arbor, MI 48104 6368A5.0 ★Texas Ratio: 6.91%, LafcuLafcu1553 Lansing Rd, Charlotte, MI 48813A+5.0 ★Texas Ratio: 1.86%, and Frankenmuth Credit UnionFrankenmuth Credit Union710 N Van Dyke Rd, Bad Axe, MI 48413A5.0 ★Texas Ratio: 8.18%. 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 Shepherd, Michigan in 2025, as reported under the federal Home Mortgage Disclosure Act. No lender pays for a higher spot. Lenders based in Shepherd 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 Shepherd, Michigan
Market share is the lender's share of all home loans closed in Shepherd, 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 Shepherd 258 W Wright Ave, Shepherd, MI 48883 A+5.0 ★Texas Ratio: 0.63% |
Conventional, FHA, HELOC | 12 +2 HELOCs |
15.4% | 76.5% | $180,000 | View |
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1 office in Shepherd 500 E Wright Ave, Shepherd, MI 48883 A+5.0 ★Texas Ratio: 4.10% |
Conventional, HELOC | 11 +4 HELOCs |
14.1% | 100% | $119,545 | View |
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2469 Cedar Street, Delhi Township, MI 48842 A-4.9 ★Texas Ratio: 16.59% |
Conventional, FHA | 9 | 11.5% | 90% | $257,222 | View |
Dow Credit Union
600 E Lyon Rd, Midland, MI 48640 5396 |
Conventional | 2 | 2.6% | 100% | $155,000 | |
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202 W Maumee St, Adrian, MI 49221 A+5.0 ★Texas Ratio: 3.66% |
Conventional, HELOC | 1 +4 HELOCs |
1.3% | 33.3% | $185,000 | View |
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1004 W Midland Rd, Auburn, MI 48611 A5.0 ★Texas Ratio: 6.46% |
Conventional | 1 | 1.3% | 100% | $115,000 | View |
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2400 Green Rd, Ann Arbor, MI 48105 1550 A+5.0 ★Texas Ratio: 2.54% |
Conventional | 1 | 1.3% | 100% | $25,000 | View |
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★ 1 stars, 1 review 2222 Packard St, Ann Arbor, MI 48104 6368 A5.0 ★Texas Ratio: 6.91% |
Conventional | 1 | 1.3% | 100% | $15,000 | View |
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1553 Lansing Rd, Charlotte, MI 48813 A+5.0 ★Texas Ratio: 1.86% |
Conventional | 1 | 1.3% | 100% | $55,000 | View |
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710 N Van Dyke Rd, Bad Axe, MI 48413 A5.0 ★Texas Ratio: 8.18% |
Conventional | 1 | 1.3% | 100% | $225,000 | View |
Rocket Mortgage
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Conventional, FHA, VA | 6 | 7.7% | 85.7% | $198,333 | |
United Wholesale Mortgage
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Conventional | 4 | 5.1% | 100% | $200,000 | |
Legacy Mortgage
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Conventional, USDA | 2 | 2.6% | 100% | $170,000 | |
Mortgage Center LC
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Conventional, FHA | 2 | 2.6% | 100% | $195,000 | |
Msu Federal Credit Union
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Conventional | 1 | 1.3% | 100% | $115,000 | |
GreenStone Farm Credit Services
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Conventional | 1 | 1.3% | 100% | $155,000 | |
Mortgage Research Center
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VA | 3 | 3.8% | 100% | $211,666 | |
Triad Financial Services, Inc.
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Conventional | 2 | 2.6% | 27.3% | $55,000 | |
Guild Mortgage Company
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Conventional, FHA | 2 | 2.6% | 100% | $85,000 | |
Union Home Mortgage Corp.
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FHA | 2 | 2.6% | 100% | $250,000 | |
Nationstar Mortgage
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Conventional, FHA | 2 | 2.6% | 100% | $165,000 | |
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A+5.0 ★Texas Ratio: 0.00% |
Conventional | 1 | 1.3% | 100% | $115,000 | View |
Freedom Mortgage Corporation
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FHA | 1 | 1.3% | 100% | $125,000 | |
CrossCountry Mortgage, LLC
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FHA | 1 | 1.3% | 100% | $265,000 | |
loanDepot.com LLC
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FHA | 1 | 1.3% | 100% | $115,000 | |
Pennymac Loan Services LLC
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VA | 1 | 1.3% | 100% | $175,000 | |
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B-3.5 ★Texas Ratio: 6.80% |
VA | 1 | 1.3% | 100% | $175,000 | View |
Planet Home Lending, LLC
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FHA | 1 | 1.3% | 100% | $165,000 | |
Mutual of Omaha Mortgage
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FHA | 1 | 1.3% | 100% | $75,000 | |
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C-3.6 ★Texas Ratio: 31.27% |
Conventional | 1 | 1.3% | 100% | $245,000 | View |
Carrington Mortgage Services LLC
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Conventional | 1 | 1.3% | 100% | $55,000 | |
The Mortgage Link, Inc.
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Conventional | 1 | 1.3% | 100% | $155,000 | |
Guaranteed Rate, Inc.
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HELOC | 0 +1 HELOCs |
0% | n/a |
Shepherd 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 Shepherd, Michigan
Looking for mortgage lenders near me or mortgage brokers near me in Shepherd? The list below shows the banks, credit unions and mortgage brokers that closed home loans in Shepherd in 2025, with lenders based there listed first.
Types of Mortgage Lenders in Shepherd, MI
Use these to narrow the list above. Each category shows how many Shepherd, MI lenders fit and what that kind of lender is usually best for.
Who Lends in Shepherd, MI
Independent mortgage companies closed 41 percent of home loans in Shepherd, Michigan in 2025, banks 47.4 percent and credit unions 11.5 percent. Rocket 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 12 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 Shepherd, MI
By home loans closed in 2025, Mercantile Bank was the largest mortgage lender in Shepherd, Michigan with 12 loans, about 15.4 percent of the market. Source: Home Mortgage Disclosure Act data for 2025, published by the FFIEC and CFPB.
12 lenders closed FHA loans in Shepherd, Michigan in 2025, led by Union Home Mortgage Corp. with 2. 4 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. 8 banks and 7 credit unions closed home loans in Shepherd, Michigan in 2025, alongside 18 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 Shepherd, 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 Shepherd, 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 Shepherd. 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.
