Mortgage lending in Oakland County
31,664 mortgages were originated in Oakland County, Michigan, in 2025.
30-year fixed, this week
6.71%
Freddie Mac's survey average for the week of September 3, 2026 — a year earlier it was 6.56%, and the past year ranged 5.98–6.71%. The figures below are from 2025 filings and do not move with the market. Rate history
- Loans originated
- 31,664
- Median rate
- 6.750%
- Median lender fees
- $4,152
The going rate is the federal "average prime offer rate" for a comparable loan; 0.5 means half a percentage point above it.
- Median loan amount
- $235,000
- Above the going rate (spread over APOR)
- 0.310
- Paid discount points
- 30.5%
- Received lender credits
- 25.2%
- Purchases / refinances
- 45.7% / 33.9%
- Conventional / FHA / VA
- 91.1% / 6% / 2.9%
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 71.9% of loans here — see methodology.
Loan limits here in 2026
- Conforming limit
- $832,750
- FHA limit
- $541,287
- Median home price
- $362,000
- That home, 20% down
- $289,600
A median-priced home with 20% down leaves $543,150 of room under the conforming limit, so the ceiling rarely binds on an ordinary purchase.
Borrow more than $832,750 and the loan becomes jumbo — outside agency rules, priced by each lender on its own terms. How limits work
Median price is HUD's figure for the 2026 limit calculation, not a live market quote.
Who lent here
Lenders with at least 50 loans in Oakland County, ranked by volume.
| Lender | Loans | Median fees | Median rate |
|---|---|---|---|
| United Shore Financial Services, LLC | 4,594 | $5,370 | 6.560% |
| Rocket Mortgage, LLC | 3,915 | $3,653 | 6.750% |
| Genisys Credit Union | 1,324 | $248 | 7.250% |
| The Huntington National Bank | 1,096 | $4,127 | 7.375% |
| Lake Michigan Credit Union | 1,031 | $4,075 | 6.490% |
| Citizens Bank, National Association | 980 | $4,455 | 7.400% |
| Michigan Schools And Government | 776 | $2,246 | 6.750% |
| JPMorgan Chase Bank, National Association | 698 | $2,968 | 6.500% |
| First Merchants Bank | 652 | $3,954 | 6.420% |
| Staunton Financial, Inc. | 632 | $4,154 | 6.500% |
What lenders charged here
Lender fees on a $235,000 loan, based on what was actually charged in Oakland County — not a rule of thumb.
From 22,767 loans where fees were reported. This is what the lender charges — sections A and B of a Loan Estimate. Title, appraisal, taxes and the escrow deposit your lender collects up front for future tax and insurance bills are extra and not in these figures. Compare two offers