APR.net

Mortgage lending in Oakland County

31,664 mortgages were originated in Oakland 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
31,664
Median rate
6.750%
Median lender fees
$4,152
Median loan amount
$235,000
Median 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

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 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.

Typical
$3,549
Cheaper quarter, under
$2,859
Dearer quarter, over
$6,356

From 22,767 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

Statewide, the median was 6.750% on rate and $4,152 on lender fees across 229,505 loans. See all of Michigan.