Lender review
CrossCountry Mortgage review: what Michigan borrowers should know
A fast-growing national lender with an unusually broad menu — including non-QM and renovation loans that many lenders skip. CrossCountry works through local loan officers and accepts FHA credit scores down to 580, useful for Michigan's rebuilding-credit buyers.
Best for: flexible programs including non-qm and renovation
Best fit: buyers whose file breaks the standard agency box
- Headquarters
- Cleveland, OH
- Founded
- 2003
- NMLS
- #3029
- Min. credit score
- 580
- Min. down payment
- 3%
- MSHDA MI Home Loan
- Approved lender
What works
- Broad menu including non-QM and renovation loans
- FHA available down to a 580 score
- Local loan officers with a tech-driven process
What to watch
- Loan-officer-driven pricing varies
- Servicing often transferred after closing
- Some specialty products carry higher rates
The full picture on CrossCountry Mortgage
CrossCountry Mortgage has grown fast out of Cleveland into a national name, and what sets it apart is how much it's willing to lend on. The menu runs unusually wide, delivered through local loan officers running a tech-driven process.
Flexible where others say no
For Michigan buyers rebuilding credit, the 580 FHA floor opens a door that stays shut at stricter shops, and renovation options suit the state's older housing stock.
Flexibility has a price
Because pricing is loan-officer-driven, quotes vary from one branch to the next, and servicing is often transferred after closing.
Some specialty products carry higher rates than a plain conventional loan, so read the terms on anything non-standard closely and compare first.
Loan programs at CrossCountry Mortgage
Which core Michigan loan types CrossCountry Mortgage offers, with the typical minimum down payment for each program. Program floors are industry standards — CrossCountry Mortgage's own minimums or credit overlays may run higher.
| Loan program | Offered | Typical min. down |
|---|---|---|
| Conventional | ✓ Yes | 3% |
| FHA | ✓ Yes | 3.5% |
| VA | ✓ Yes | 0% |
| USDA | ✓ Yes | 0% |
| Jumbo | ✓ Yes | 10–20% |
| Construction | — No | — |
Also offers: Non-QM, Renovation.
Where CrossCountry Mortgage's credit bar sits
CrossCountry Mortgage's roughly 580 minimum sits in the fair credit range. Below, that 580 floor is plotted against the four broad credit tiers and the 620 median for the 55 Michigan lenders we track.
| CrossCountry Mortgage | Michigan median* | |
|---|---|---|
| Editorial score | 4.1 / 5 | 4.0 / 5 |
| Min. credit score | 580 | 620 |
| Loan programs offered | 7 | 5 |
| Michigan-headquartered | No | — |
*Median across the 55 Michigan lenders in our catalog.
Compare: Better Mortgage PennyMac Mercantile Bank of Michigan This week's Michigan rates
CrossCountry Mortgage: frequently asked questions
What credit score do you need for a CrossCountry Mortgage mortgage?
CrossCountry Mortgage generally looks for a credit score around 580 on its most common loans. Its FHA loans can go lower — often to 580, or 500 with a larger down payment — while conventional and jumbo loans usually want higher scores. That 580 is a floor, not a promise: every lender layers on its own overlays, and approval still turns on your income, debts and the property.
Will CrossCountry Mortgage sell my mortgage after closing?
Possibly. Borrowers report that CrossCountry Mortgage frequently transfers servicing after closing, so the company you pay may change even though your loan terms don't. That's common industry-wide, but if keeping one servicer matters to you, ask before you lock.
Independent and unpaid — CrossCountry Mortgage did not pay for placement. How we score every lender (and where our rate data comes from) is set out in our editorial policy. Figures reflect public information as of 2026-07-16 and can change; the only rate that binds a lender is a written Loan Estimate. Verify the license at NMLS Consumer Access (#3029). MSHDA status reflects the state's MI Home Loan lending-partners list dated June 12, 2026, which changes over time.