10 Best Michigan Mortgage Lenders of 2021
NerdWallet has researched and picked some of the best Michigan mortgage lenders for refinancing, first-time home buyers and government-backed loans.
Some or all of the mortgage lenders featured on our site are advertising partners of NerdWallet, but this does not influence our evaluations, lender star ratings or the order in which lenders are listed on the page. Our opinions are our own. Here is a list of our partners.
Michigan mortgage lenders fund home loans for a broad mix of buyers. Whether you’re a couple looking for a small coastal cottage on the Great Lakes or a growing family putting down roots in Detroit, Michigan offers some of the best lifestyles in the Midwest.
NerdWallet has researched the leading mortgage lenders in Michigan to create a go-to guide of the best in several borrower categories.
Michigan mortgage lenders fund home loans for a broad mix of buyers. Whether you’re a couple looking for a small coastal cottage on the Great Lakes or a growing family putting down roots in Detroit, Michigan offers some of the best lifestyles in the Midwest.
NerdWallet has researched the leading mortgage lenders in Michigan to create a go-to guide of the best in several borrower categories.
Best Michigan Mortgage Lenders
Lender | NerdWallet rating | National / regional | Max LTV | Min. credit score | Learn more |
---|---|---|---|---|---|
![]() Bank of America: NMLS#399802 | Best for home equity borrowers | National | 85% | 660 | Read review |
![]() Chase: NMLS#399798 | Best for home equity borrowers | National | 80% | 620 | Read review |
![]() Flagstar: NMLS#417490 | Best for first-time home buyers | National | N/A | 620 | Read review |
![]() Guaranteed Rate: NMLS#2611 Learn more at Guaranteed Rate | Best for refinancing borrowers | National | N/A | 620 | Learn more at Guaranteed Rate |
![]() loanDepot: NMLS#174457 | Best for online experience | National | N/A | 620 | Read review |
![]() PNC: NMLS#446303 | Best for refinancing borrowers | National | N/A | 620 | Read review |
![]() PrimeLending: NMLS#13649 | Best for first-time home buyers | National | N/A | 620 | Read review |
Quicken Loans: NMLS#3030 Learn more at Quicken Loans | Best for government-backed mortgages | National | N/A | 620 | Learn more at Quicken Loans |
![]() Rocket Mortgage, LLC: NMLS#3030 Learn more at Rocket Mortgage, LLC | Best for online experience | National | N/A | 620 | Learn more at Rocket Mortgage, LLC |
![]() USAA: NMLS#8722 | Best for government-backed mortgages | Regional | N/A | 620 | Read review |
Bank of America: NMLS#399802

National / regional
NationalMax LTV
85%Min. credit score
660Chase: NMLS#399798

National / regional
NationalMax LTV
80%Min. credit score
620Flagstar: NMLS#417490

Min. credit score
620Min. down payment
3%
at Guaranteed Rate
Guaranteed Rate: NMLS#2611

Min. credit score
620National / regional
Nationalat Guaranteed Rate
loanDepot: NMLS#174457

Min. credit score
620Min. down payment
5%PNC: NMLS#446303

Min. credit score
620National / regional
NationalPrimeLending: NMLS#13649

Min. credit score
620Min. down payment
3%at Quicken Loans
Quicken Loans: NMLS#3030
Min. credit score
620Min. down payment
3%at Quicken Loans

at Rocket Mortgage, LLC
Rocket Mortgage, LLC: NMLS#3030

Min. credit score
620Min. down payment
3%at Rocket Mortgage, LLC
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Last updated on January 21, 2021
Methodology
To recap our selections...
NerdWallet's Best Michigan Mortgage Lenders of 2021
- Bank of America: Best for home equity borrowers
- Chase: Best for home equity borrowers
- Flagstar: Best for first-time home buyers
- Guaranteed Rate: Best for refinancing borrowers
- loanDepot: Best for online experience
- PNC: Best for refinancing borrowers
- PrimeLending: Best for first-time home buyers
- Quicken Loans: Best for government-backed mortgages
- Rocket Mortgage, LLC: Best for online experience
- USAA: Best for government-backed mortgages