Mortgage lending in Ottawa County
7,794 mortgages were originated in Ottawa 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
- 7,794
- Median rate
- 6.875%
- Median lender fees
- $3,789
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
- $215,000
- Above the going rate (spread over APOR)
- 0.233
- Paid discount points
- 27.4%
- Received lender credits
- 21.8%
- Purchases / refinances
- 42% / 32.3%
- Conventional / FHA / VA
- 91.9% / 4.7% / 3.4%
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 59.6% of loans here — see methodology.
Loan limits here in 2026
- Conforming limit
- $832,750
- FHA limit
- $541,287
- Median home price
- $365,000
- That home, 20% down
- $292,000
A median-priced home with 20% down leaves $540,750 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 Ottawa County, ranked by volume.
| Lender | Loans | Median fees | Median rate |
|---|---|---|---|
| Lake Michigan Credit Union | 1,951 | $3,374 | 6.875% |
| The Huntington National Bank | 634 | $3,549 | 7.590% |
| Fifth Third Bank, National Association | 577 | $3,081 | 7.500% |
| United Shore Financial Services, LLC | 362 | $5,816 | 6.375% |
| Rocket Mortgage, LLC | 337 | $4,884 | 6.750% |
| Consumers Credit Union | 281 | $3,438 | 5.990% |
| Mercantile Bank | 221 | $3,462 | 6.750% |
| Northern Mortgage Services, LLC | 143 | $6,758 | 6.625% |
| Triad Financial Services, Inc. | 124 | — | 8.490% |
| Mortgage 1 Incorporated | 114 | $4,278 | 6.625% |
What lenders charged here
Lender fees on a $215,000 loan, based on what was actually charged in Ottawa County — not a rule of thumb.
From 4,646 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