Mortgage lender closing cost rankings in Michigan (2024)
In Michigan, homebuyers paid a median of $4,438 in total closing costs on purchase mortgages in 2024, which is below the national median of $6,741. The median interest rate was 6.62% across 84,755 purchase originations. The most active lender was UNITED WHOLESALE MORTGAGE, LLC with 11,039 originations. The lowest-cost lender (with 50+ loans) was PREMIA MORTGAGE, LLC at $50.
Median Total Costs
$4,438
−34.2% vs national ($6,741)
Median Rate
6.620%
+0.0% vs national (6.620%)
Median Origination
$1,740
Purchase Originations
84,755
By loan type
| Loan type | Volume | Median Rate | Median Total Costs |
|---|---|---|---|
| conventional | 66,753 | 6.750% | $4,031 |
| fha | 12,166 | 6.625% | $8,424 |
| va | 5,066 | 6.500% | $5,131 |
| usda | 770 | 6.625% | $6,503 |
Lowest closing cost lenders in Michigan
Ranked by median total loan costs among lenders with 50+ purchase originations in Michigan.
| Rank | Lender | Median Total Costs ↑ | Median Rate ↕ | Median Origination ↕ | Volume ↕ | vs. Median |
|---|---|---|---|---|---|---|
| 1 | $50 | 6.600% | $0 | 73 | −$4,388 | |
| 2 | $1,076 | 6.125% | $422 | 602 | −$3,362 | |
| 3 | $1,318 | 10.350% | $400 | 110 | −$3,120 | |
| 4 | $1,968 | 6.500% | $0 | 363 | −$2,470 | |
| 5 | $2,334 | 6.850% | $0 | 59 | −$2,104 | |
| 6 | $2,611 | 7.125% | $175 | 181 | −$1,827 | |
| 7 | $2,713 | 5.750% | $471 | 737 | −$1,725 | |
| 8 | $2,727 | 6.875% | $905 | 355 | −$1,711 | |
| 9 | $2,738 | 6.750% | $975 | 111 | −$1,700 | |
| 10 | $2,767 | 6.375% | $280 | 56 | −$1,671 | |
| 11 | $2,780 | 6.125% | $0 | 443 | −$1,658 | |
| 12 | $2,835 | 7.000% | $1,100 | 66 | −$1,603 | |
| 13 | $2,899 | 6.812% | $850 | 152 | −$1,539 | |
| 14 | $2,931 | 6.500% | $1,150 | 140 | −$1,507 | |
| 15 | $2,938 | 6.875% | $760 | 249 | −$1,500 | |
| 16 | $2,949 | 6.500% | $695 | 53 | −$1,489 | |
| 17 | $2,974 | 6.500% | $950 | 366 | −$1,464 | |
| 18 | $3,017 | 6.125% | $850 | 205 | −$1,421 | |
| 19 | $3,064 | 6.500% | $1,050 | 71 | −$1,374 | |
| 20 | $3,068 | 6.125% | $630 | 159 | −$1,370 | |
| 21 | $3,069 | 6.875% | $1,175 | 138 | −$1,369 | |
| 22 | $3,092 | 6.500% | $1,045 | 109 | −$1,346 | |
| 23 | $3,096 | 6.625% | $995 | 174 | −$1,342 | |
| 24 | $3,150 | 6.688% | $750 | 136 | −$1,288 | |
| 25 | $3,172 | 6.750% | $1,150 | 206 | −$1,266 |
Includes lenders with 50+ purchase originations in Michigan. Source: HMDA 2024. Sorted by median total loan costs.
Rankings by county
Wayne County
12,892 originations
Oakland County
12,347 originations
Macomb County
8,387 originations
Kent County
6,242 originations
Genesee County
3,575 originations
Ottawa County
2,752 originations
Washtenaw County
2,651 originations
Ingham County
2,419 originations
Kalamazoo County
2,380 originations
Livingston County
1,919 originations
Muskegon County
1,783 originations
Saginaw County
1,487 originations
Monroe County
1,455 originations
Jackson County
1,447 originations
St. Clair County
1,400 originations
Berrien County
1,291 originations
Calhoun County
1,266 originations
Allegan County
1,054 originations
Eaton County
975 originations
Bay County
848 originations
Lenawee County
842 originations
Lapeer County
790 originations
Midland County
770 originations
Clinton County
753 originations
Grand Traverse County
751 originations
Shiawassee County
708 originations
Van Buren County
627 originations
Montcalm County
589 originations
Barry County
574 originations
Ionia County
548 originations
St. Joseph County
514 originations
Isabella County
480 originations
Newaygo County
425 originations
Cass County
411 originations
Tuscola County
382 originations
Mecosta County
339 originations
Marquette County
331 originations
Gratiot County
302 originations
Branch County
282 originations
Clare County
277 originations
Hillsdale County
261 originations
Wexford County
242 originations
Sanilac County
235 originations
Gladwin County
215 originations
Roscommon County
215 originations
Otsego County
204 originations
Emmet County
202 originations
Antrim County
191 originations
Osceola County
181 originations
Houghton County
179 originations
Kalkaska County
174 originations
Iosco County
164 originations
Oceana County
164 originations
Ogemaw County
164 originations
Chippewa County
162 originations
Charlevoix County
155 originations
Manistee County
154 originations
Leelanau County
148 originations
Alpena County
146 originations
Dickinson County
146 originations
Cheboygan County
141 originations
Huron County
137 originations
Benzie County
121 originations
Menominee County
119 originations
Crawford County
113 originations
Mason County
112 originations
Missaukee County
110 originations
Gogebic County
106 originations
See Michigan closing cost details, fee benchmarks, and county comparisons → Michigan Closing Costs Guide
Found your lender? Make sure their quote is fair.
HMDA data shows industry-wide medians. Your actual quote may differ. Upload your Closing Disclosure or Loan Estimate to see exactly where your fees stand — and get a ready-to-send negotiation email.
Data source: HMDA Modified Loan Application Register 2024, published by the Consumer Financial Protection Bureau (CFPB).
Statistics reflect originated first-lien purchase mortgages on owner-occupied principal residences. Medians exclude loans with exempt or unreported fee disclosures. Learn more at ffiec.cfpb.gov.