Applications / Mortgage Analytics / Lenders / Michigan / Northern Mortgage Services
Grandville, MI · Independent non-bank lender · CFPB · 810 loans in 2025
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810
loans originated, 2025
1,029
applications, 2025
9
states and territories
0
gaps bigger than at similar lenders
Our analysis, 2025
Northern Mortgage Services, a non-bank lender in Grandville, Michigan, is a home-purchase lender that ranks 11 of 436 in Grand Rapids, its biggest market.
Four in five of its 810 loans in 2025 financed a home purchase; the rest were refinances. About a fifth, 21.5%, were insured by the Federal Housing Administration (FHA), close to the share at similar lenders, meaning independent non-bank lenders making between half and twice as many loans. Its loan count grew 3%, in line with those lenders' 2%, though slower than the whole market's 10%.
Its typical loan, $265,000, was smaller than at more than three-quarters of similar lenders, where the typical loan was $325,000. Low- and moderate-income (LMI) borrowers took 34.8% of its loans, against 26.7% at the typical peer, a higher share than at about three-quarters of them.
It has lent in Grand Rapids since 2014. Its share there edged up from 1.7% to 1.8%, far behind Lake Michigan Credit Union, which leads the market by a wide margin. In Muskegon it ranked 30 of 233, and its share also edged up, from 0.5% to 0.6%.
It denied 1.6% of decided first-lien home-purchase applications on owner-occupied homes, half the 3.2% at the typical similar lender. For refinances its rate was 2.0%, against 7.1%.
Similar lenders: same lender type, originations between half and twice the lender's in the data year. Written from the 2025 HMDA data and checked figure by figure against it.
FIG. 1 — LOANS ORIGINATED, 2018–2025
Originated means the loan was made: applications denied, withdrawn or not accepted are not counted. Northern Mortgage Services took 1,029 applications in 2025.
SOURCE: FFIEC HMDA, LOANS ORIGINATED (ACTION TAKEN: LOAN ORIGINATED)
FIG. 2 — PRODUCT MIX, 2025
Purchase 80.9% · Refinance 19.1%
Conventional 73.3% · FHA 21.5% · VA 4.9% · USDA (RHS or FSA) 0.2% · of 810 loans. Purchase: buying a home. Refinance: replacing an existing mortgage, including cash-out. FHA: insured by the Federal Housing Administration. VA: guaranteed by the Department of Veterans Affairs. Conventional: neither.
SOURCE: FFIEC HMDA 2025, LOANS ORIGINATED
Where it lends, 2025
| State | Loans | Share |
|---|---|---|
| Michigan | 524 | 64.7% |
| Ohio | 189 | 23.3% |
| Maine | 35 | 4.3% |
| Massachusetts | 23 | 2.8% |
| Tennessee | 16 | 2.0% |
| Illinois | 11 | 1.4% |
| Florida | 8 | 1.0% |
| Indiana | 2 | 0.2% |
| North Carolina | 2 | 0.2% |
Largest metro areas, 2025
| Metro area | Loans |
|---|---|
| Grand Rapids-Wyoming-Kentwood | 410 |
| Cleveland | 132 |
| Muskegon-Norton Shores | 20 |
| Dayton-Kettering-Beavercreek | 17 |
| Springfield | 14 |
| Knoxville | 12 |
| Portland-South Portland | 12 |
| Kalamazoo-Portage | 11 |
| Springfield | 10 |
| Bangor | 8 |
Identifiers
| LEI (Legal Entity Identifier, the global company code HMDA has used since 2018) | 549300D36J5CQX0I4F44 | 2018–2025 |
| RSSD (the Federal Reserve's identifier for banks and their parents) | 4878104 | 2015–2023 |
| Respondent ID (the HMDA filer code before 2018) | 7383305907 |
Established 11 April 1996. Reported under HMDA 2014-2025.
Mergers, name changes, data editions and corrections: Northern Mortgage Services's data.
Northern Mortgage Services's data
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Northern Mortgage Services and its peers, 2018–2025: every application in the HMDA data, cleaned and corrected, as Parquet files, with the Jenner programs that made these pages.
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