Lender review
Success Mortgage Partners review: what Michigan borrowers should know
Based in Plymouth since 2002, Success Mortgage Partners is a direct Fannie Mae lender — meaning it underwrites and closes in-house — with a broad menu that stretches from HomeReady and down-payment assistance to new construction and a dedicated reverse-mortgage division. It's a substantial Michigan-headquartered operation that still runs on local loan officers.
Best for: michigan buyers wanting a direct fannie mae lender with dpa
- Headquarters
- Plymouth, MI
- Founded
- 2002
- NMLS
- #130562
- Min. credit score
- 620
- Min. down payment
- 3%
- MSHDA MI Home Loan
- Approved lender
What works
- Direct Fannie Mae lender with in-house underwriting
- Down-payment-assistance and HomeReady programs
- Construction and reverse-mortgage divisions
What to watch
- Rates require contacting a loan officer
- Multi-state growth dilutes the local-only feel
- Servicing may be transferred after closing
The full picture on Success Mortgage Partners
Plymouth has been home base for this shop since 2002, and the detail that separates it from most Michigan retail lenders is quiet but meaningful: it holds direct Fannie Mae seller-servicer authority.
Underwriting under one roof
In plain terms, the underwriter reading your file works down the hall from the loan officer who took your application, so questions get answered without a distant corporate desk.
Two cautions
As the company has expanded into other states, the small-Michigan-firm intimacy has thinned, and your closed loan may be sold to an outside servicer.
Rates live behind a loan-officer conversation rather than a public sheet, so comparison shopping takes a phone call.
Loan programs at Success Mortgage Partners
Which core Michigan loan types Success Mortgage Partners offers, with the typical minimum down payment for each program. Program floors are industry standards — Success Mortgage Partners'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 | ✓ Yes | 5–20% |
Also offers: Reverse.
Where Success Mortgage Partners's credit bar sits
Success Mortgage Partners's roughly 620 minimum sits in the good credit range. Below, that 620 floor is plotted against the four broad credit tiers and the 620 median for the 55 Michigan lenders we track.
| Success Mortgage Partners | Michigan median* | |
|---|---|---|
| Editorial score | 4.0 / 5 | 4.0 / 5 |
| Min. credit score | 620 | 620 |
| Loan programs offered | 7 | 5 |
| Michigan-headquartered | Yes | — |
*Median across the 55 Michigan lenders in our catalog.
Compare: Independent Bank MSU Federal Credit Union Genisys Credit Union This week's Michigan rates
Success Mortgage Partners: frequently asked questions
What credit score do you need for a Success Mortgage Partners mortgage?
Success Mortgage Partners generally looks for a credit score around 620 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 620 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 Success Mortgage Partners sell my mortgage after closing?
Often not. Success Mortgage Partners is noted for keeping servicing in-house rather than selling it, so the company you send payments to is more likely to stay the same after closing — a real plus if servicing transfers frustrate you.
Independent and unpaid — Success Mortgage Partners 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 (#130562). MSHDA status reflects the state's MI Home Loan lending-partners list dated June 12, 2026, which changes over time.