Mortgage lending in Alpena County
359 mortgages were originated in Alpena County, Michigan, in 2025.
30-year fixed, this week
6.58%
Freddie Mac’s survey average for the week of July 23, 2026 — a year earlier it was 6.75%, and the past year ranged 5.98–6.72%. The figures below are from 2025 filings and do not move with the market. Rate history
- Loans originated
- 359
- Median rate
- 6.750%
- Median lender fees
- $4,232
- Median loan amount
- $145,000
- Median spread over APOR
- 0.555
- Paid discount points
- 43.5%
- Received lender credits
- 29.5%
- Purchases / refinances
- 54.3% / 30.6%
- Conventional / FHA / VA
- 71.9% / 15.3% / 12.5%
Figures are medians of loans actually originated in 2025, as reported under the Home Mortgage Disclosure Act. They describe what borrowers received, not what you would be offered: HMDA contains no credit scores, so these numbers cannot be read as pricing for any individual. Lender fees are reported for 85.2% of loans here — see methodology.
Loan limits here in 2026
- Conforming limit
- $832,750
- FHA limit
- $541,287
Borrow more than $832,750 and the loan becomes jumbo — outside agency rules, priced by each lender on its own terms. How limits work
Who lent here
Lenders with at least 50 loans in Alpena County, ranked by volume.
| Lender | Loans | Median fees | Median rate |
|---|---|---|---|
| Rocket Mortgage, LLC | 59 | $4,920 | 6.750% |
| UNITED SHORE FINANCIAL SERVICES, LLC | 52 | $5,844 | 6.566% |
What lenders charged here
Lender fees on a $145,000 loan, based on what was actually charged in Alpena County — not a rule of thumb.
From 306 loans where fees were reported. This is what the lender charges — sections A and B of a Loan Estimate. Title, appraisal, escrow and taxes are extra and are not in these figures. Compare two offers