Best VA Lenders in Michigan 2026: Top 7 Ranked & Reviewed
Thomas Anderson
Michigan VA Loan Specialist | Veteran | 16+ Years Experience
January 22, 2026
Looking for the best VA lenders in Michigan? Michigan has 1,600+ VA-approved lenders, but only 7 consistently deliver the best rates, fastest approvals, and veteran-focused service for Michigan military families.
5.90%
Average VA Rate
$235,000
Median Home Price
0%
Down Payment
$766K
Max Loan Limit
🎖️ Top 7 VA Lenders in Michigan 2026
Veterans United - Best Overall VA Lender Michigan
4,200+ MI loans funded
Why #1:
- 🎖️ #1 VA lender in America (40% market share)
- 💰 Lowest VA rates: 5.80%-6.00% APR
- ⚡ Close in 30 days average
- 🏆 Veteran-owned & operated
- 📚 Free VA loan education + support
Best For:
First-time VA buyers in Michigan who want expert guidance
📊 Michigan VA Loan Limits 2026 by County
| County | Major City | 2026 VA Limit |
|---|---|---|
| Wayne | Detroit | $766,550 |
| Oakland | Troy | $766,550 |
| Kent | Grand Rapids | $766,550 |
| Washtenaw | Ann Arbor | $766,550 |
✅ Michigan VA Loan Requirements 2026
Eligibility Requirements
✅ Active Duty:
90 days wartime OR 181 days peacetime
✅ Veterans:
Honorable discharge + service requirements
✅ National Guard/Reserves:
6 years service
✅ Surviving Spouses:
Unremarried spouses of veterans
Financial Requirements
Credit Score:
620+ recommended (no VA minimum)
Down Payment:
0% required (up to $766K)
DTI Ratio:
41% max (flexible with residual income)
VA Funding Fee:
2.15% first-time (waived for disabled vets)
❓ FAQ: VA Loans Michigan 2026
What is the VA funding fee in Michigan?
Michigan VA Funding Fee (2026):
- First-time use: 2.15% of loan amount
- Subsequent use: 3.30% of loan amount
- Reserves/Guard: 2.40% first-time
Example: $235,000 loan
- Funding fee: $5,053 (2.15%)
- Can be financed into loan
WAIVED FOR: Veterans with 10%+ disability rating, Purple Heart recipients
Can I use a VA loan in Detroit?
YES! Detroit and all Michigan cities accept VA loans.
Detroit VA Loan Benefits:
- Median home: $85,000-$150,000
- 0% down on homes up to $766K
- No PMI saves $100-$200/month
- Strong veteran community
Which Michigan cities are best for VA loans?
Top Michigan Cities for VA Homebuying:
1. Grand Rapids
- Median home: $285,000
- Strong economy + job market
- Excellent schools
2. Ann Arbor
- Median home: $425,000
- University town
- High quality of life