Mortgage Lenders and Brokers in Sparta, 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
Sparta, Michigan mortgage lenders include ChoiceOne BankChoiceOne Bank416 West Division Street, Sparta, MI 49345A+5.0 ★Texas Ratio: 5.45%, Compass Credit UnionCompass Credit Union485 S State St, Sparta, MI 49345 1549A+5.0 ★Texas Ratio: 2.43%, Independent BankIndependent Bank525 S State St, Sparta, MI 49345A5.0 ★Texas Ratio: 6.46%, Lake Michigan Credit UnionLake Michigan Credit Union496 Ada Dr SE STE 103, Ada, MI 49301, Consumers Credit UnionConsumers Credit Union6081 B Dr N, Battle Creek, MI 49014 8367A+5.0 ★Texas Ratio: 3.56%, Mercantile BankMercantile Bank230 Woodworth Ave, Alma, MI 48801A+5.0 ★Texas Ratio: 0.63%, Fifth Third Bank, National AssociationFifth Third Bank, National Association475 Ada Drive, Ada Township, MI 49301A+5.0 ★Texas Ratio: 3.22%, Adventure Credit UnionAdventure Credit Union14049 Lindsey Pvt Ln, Dewitt, MI 48820A+5.0 ★Texas Ratio: 4.17%, Highpoint Community BankHighpoint Community Bank9265 Cherry Valley Ave Se, Caledonia, MI 49316A+5.0 ★Texas Ratio: 0.33%, and Old National BankOld National Bank1422 S Winter St, Adrian, MI 49221A+5.0 ★Texas Ratio: 4.98%. 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 Sparta, Michigan in 2025, as reported under the federal Home Mortgage Disclosure Act. No lender pays for a higher spot. Lenders based in Sparta 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 Sparta, Michigan
Market share is the lender's share of all home loans closed in Sparta, 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 Sparta 416 West Division Street, Sparta, MI 49345 A+5.0 ★Texas Ratio: 5.45% |
Conventional | 13 | 7.1% | 81.2% | $126,538 | View |
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485 S State St, Sparta, MI 49345 1549 A+5.0 ★Texas Ratio: 2.43% |
Conventional, HELOC | 4 +1 HELOCs |
2.2% | 66.7% | $42,500 | View |
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1 office in Sparta 525 S State St, Sparta, MI 49345 A5.0 ★Texas Ratio: 6.46% |
Conventional, HELOC | 3 +7 HELOCs |
1.6% | 100% | $188,333 | View |
Lake Michigan Credit Union
496 Ada Dr SE STE 103, Ada, MI 49301 |
Conventional, VA, HELOC | 36 +11 HELOCs |
19.7% | 97.3% | $277,222 | |
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6081 B Dr N, Battle Creek, MI 49014 8367 A+5.0 ★Texas Ratio: 3.56% |
Conventional, Jumbo, HELOC | 8 +4 HELOCs |
4.4% | 100% | $420,000 | View |
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230 Woodworth Ave, Alma, MI 48801 A+5.0 ★Texas Ratio: 0.63% |
Conventional, FHA | 5 | 2.7% | 100% | $231,000 | View |
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475 Ada Drive, Ada Township, MI 49301 A+5.0 ★Texas Ratio: 3.22% |
Conventional, HELOC | 3 +2 HELOCs |
1.6% | 75% | $181,666 | View |
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14049 Lindsey Pvt Ln, Dewitt, MI 48820 A+5.0 ★Texas Ratio: 4.17% |
Conventional | 3 | 1.6% | 100% | $158,333 | View |
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9265 Cherry Valley Ave Se, Caledonia, MI 49316 A+5.0 ★Texas Ratio: 0.33% |
Conventional | 2 | 1.1% | 100% | $210,000 | View |
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1422 S Winter St, Adrian, MI 49221 A+5.0 ★Texas Ratio: 4.98% |
Conventional | 2 | 1.1% | 100% | $225,000 | View |
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3233 Fairlane Dr, Allen Park, MI 48101 D3.3 ★Texas Ratio: 35.11% |
Conventional, FHA | 2 | 1.1% | 100% | $220,000 | View |
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7473 Storey Rd, Belding, MI 48809 9360 A+5.0 ★Texas Ratio: 1.25% |
Conventional | 2 | 1.1% | 100% | $105,000 | View |
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2400 Green Rd, Ann Arbor, MI 48105 1550 A+5.0 ★Texas Ratio: 2.54% |
Conventional | 2 | 1.1% | 50% | $220,000 | View |
Wmcu
825 Division St, Big Rapids, MI 49307 2229 |
Conventional | 2 | 1.1% | 100% | $55,000 | |
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202 W Maumee St, Adrian, MI 49221 A+5.0 ★Texas Ratio: 3.66% |
Conventional, HELOC | 1 +7 HELOCs |
0.5% | 100% | $165,000 | View |
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3333 Deposit Dr Ne, Grand Rapids, MI 49546 A5.0 ★Texas Ratio: 8.47% |
Conventional, HELOC | 1 +1 HELOCs |
0.5% | 100% | $115,000 | View |
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7177 Headley St SE, Ada, MI 49301 9900 A+5.0 ★Texas Ratio: 2.94% |
Conventional | 1 | 0.5% | 100% | $95,000 | View |
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101 N Main St Ste 100, Ann Arbor, MI 48104 A+5.0 ★Texas Ratio: 4.14% |
Conventional | 1 | 0.5% | 100% | $85,000 | View |
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455 Ada Dr Se, Ada, MI 49301 A+5.0 ★Texas Ratio: 3.68% |
Conventional | 1 | 0.5% | 100% | $95,000 | View |
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2469 Cedar Street, Delhi Township, MI 48842 A-4.9 ★Texas Ratio: 16.59% |
Conventional | 1 | 0.5% | 100% | $285,000 | View |
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904 Broadway Ave NW, Grand Rapids, MI 49504 4415 A+5.0 ★Texas Ratio: 0.81% |
Conventional | 1 | 0.5% | 100% | $45,000 | View |
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523 Ada Dr Se, Ada, MI 49301 A5.0 ★Texas Ratio: 10.25% |
Conventional | 1 | 0.5% | 100% | $205,000 | View |
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2410 Gaynor Ave NW, Grand Rapids, MI 49544 1830 A+5.0 ★Texas Ratio: 2.16% |
Conventional | 1 | 0.5% | 100% | $205,000 | View |
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8301 Byron Center Ave Sw, Byron Center, MI 49315 A+5.0 ★Texas Ratio: 0.48% |
Conventional | 1 | 0.5% | 100% | $135,000 | View |
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2400 Green Rd, Ann Arbor, MI 48105 1550 A+5.0 ★Texas Ratio: 2.54% |
Conventional | 1 | 0.5% | 100% | $315,000 | View |
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455 E Eisenhower Pkwy, Ann Arbor, MI 48108 A+5.0 ★Texas Ratio: 5.44% |
HELOC | 0 +2 HELOCs |
0% | n/a | View | |
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2910 Carpenter Rd, Ann Arbor, MI 48108 A+5.0 ★Texas Ratio: 1.86% |
HELOC | 0 +2 HELOCs |
0% | n/a | View | |
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3930 S State Rd, Ann Arbor, MI 48108 A+5.0 ★Texas Ratio: 4.12% |
HELOC | 0 +1 HELOCs |
0% | n/a | View | |
Rocket Mortgage
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Conventional, FHA, VA | 15 | 8.2% | 94.7% | $223,666 | |
United Wholesale Mortgage
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Conventional, FHA, VA | 7 | 3.8% | 88.9% | $259,285 | |
Mortgage 1 Incorporated
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Conventional, FHA | 7 | 3.8% | 100% | $282,142 | |
Northern Mortgage Services, LLC
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Conventional, FHA | 4 | 2.2% | 100% | $317,500 | |
Success Mortgage Partners, Inc
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FHA, USDA | 2 | 1.1% | 100% | $270,000 | |
Msu Federal Credit Union
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Conventional, HELOC | 1 +1 HELOCs |
0.5% | 100% | $145,000 | |
Bay Equity LLC
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Conventional | 1 | 0.5% | 100% | $335,000 | |
Mortgage Center LC
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Conventional | 1 | 0.5% | 100% | $95,000 | |
Nationstar Mortgage
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Conventional | 6 | 3.3% | 100% | $105,000 | |
Guild Mortgage Company
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Conventional, FHA, USDA | 4 | 2.2% | 100% | $277,500 | |
21St Mortgage
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Conventional | 4 | 2.2% | 25% | $65,000 | |
Navy Federal Credit Union
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Conventional, VA | 3 | 1.6% | 100% | $268,333 | |
Carrington Mortgage Services LLC
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Conventional, FHA | 3 | 1.6% | 75% | $171,666 | |
Freedom Mortgage Corporation
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FHA, VA | 2 | 1.1% | 50% | $330,000 | |
Newrez LLC
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Conventional, FHA | 2 | 1.1% | 100% | $285,000 | |
Triad Financial Services, Inc.
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Conventional | 2 | 1.1% | 62.5% | $90,000 | |
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B-3.5 ★Texas Ratio: 6.80% |
VA | 2 | 1.1% | 100% | $345,000 | View |
American Pacific Mortgage Corporation
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Conventional | 2 | 1.1% | 100% | $170,000 | |
Ark-La-Tex Financial Services LLC
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Conventional, FHA | 2 | 1.1% | 100% | $270,000 | |
Tammac Holdings Corporation
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Conventional | 2 | 1.1% | 50% | $35,000 | |
Ruoff Mortgage Company
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Conventional | 1 | 0.5% | 100% | $205,000 | |
Royal United Mortgage LLC
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Conventional | 1 | 0.5% | 100% | $55,000 | |
Canopy Mortgage, LLC
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Conventional | 1 | 0.5% | 100% | $325,000 | |
CrossCountry Mortgage, LLC
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FHA | 1 | 0.5% | 100% | $205,000 | |
loanDepot.com LLC
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Conventional | 1 | 0.5% | 100% | $35,000 | |
Pennymac Loan Services LLC
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VA | 1 | 0.5% | 100% | $375,000 | |
First Colony Mortgage Corporat
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Conventional | 1 | 0.5% | 100% | $275,000 | |
Churchill Mortgage Corporation
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Conventional | 1 | 0.5% | 100% | $195,000 | |
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A+5.0 ★Texas Ratio: 2.20% |
Conventional | 1 | 0.5% | 100% | $225,000 | View |
Mortgage Research Center
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VA | 1 | 0.5% | 50% | $455,000 | |
Zillow Home Loans, LLC
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Conventional | 1 | 0.5% | 100% | $265,000 | |
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A4.8 ★Texas Ratio: 2.45% |
Conventional | 1 | 0.5% | 100% | $225,000 | View |
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B+4.8 ★Texas Ratio: 16.98% |
Conventional | 1 | 0.5% | 100% | $105,000 | View |
Union Home Mortgage Corp.
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HELOC | 0 +1 HELOCs |
0% | n/a | ||
The Loan Store, Inc
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HELOC | 0 +1 HELOCs |
0% | n/a |
Sparta 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 Sparta, Michigan
Looking for mortgage lenders near me or mortgage brokers near me in Sparta? The list below shows the banks, credit unions and mortgage brokers that closed home loans in Sparta in 2025, with lenders based there listed first.
Types of Mortgage Lenders in Sparta, MI
Use these to narrow the list above. Each category shows how many Sparta, MI lenders fit and what that kind of lender is usually best for.
Who Lends in Sparta, MI
Independent mortgage companies closed 41.5 percent of home loans in Sparta, Michigan in 2025, banks 23 percent and credit unions 35.5 percent. Towne Mortgage Company was the largest mortgage company, ChoiceOne Bank the largest bank and Compass Credit Union the largest credit union. Among lenders headquartered in Michigan, ChoiceOne Bank 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 Sparta, MI
By home loans closed in 2025, ChoiceOne Bank was the largest mortgage lender in Sparta, Michigan with 13 loans, about 7.1 percent of the market. Source: Home Mortgage Disclosure Act data for 2025, published by the FFIEC and CFPB.
13 lenders closed FHA loans in Sparta, Michigan in 2025, led by Rocket Mortgage with 2. 8 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. 20 banks and 14 credit unions closed home loans in Sparta, Michigan in 2025, alongside 29 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 Sparta, 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 Sparta, 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 Sparta. 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.
