21st Mortgage in Michigan vs the state
53.4%Denial rate+34.86 pts vs state
70.2%Decision denial rate+47.66 pts vs state
21.9%Origination rate-38.03 pts vs state
11.04%Median rate+4.29 pts vs state
5.58Rate spread (pts)+5.18 pts vs state
$57kMedian applicant income
1,623Loans originated
3,963Denied
Trend in Michigan
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 6,581 | 1,817 | 46.5% | 10.20% | #9 |
| 2024 | 8,249 | 2,162 | 47.6% | 10.99% | #6 |
| 2025 | 7,424 | 1,623 | 53.4% | 11.04% | #6 |
What 21st Mortgage lends in Michigan
By loan purpose
By loan type
Why it denied Michigan applicants
Where in Michigan
Counties with the most 21st Mortgage applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Oakland County | 1,024 | 247 | 537 | 52.4% |
| Macomb County | 998 | 237 | 519 | 52.0% |
| Wayne County | 907 | 178 | 518 | 57.1% |
| Kent County | 685 | 147 | 361 | 52.7% |
| Kalamazoo County | 317 | 61 | 184 | 58.0% |
| St. Clair County | 290 | 67 | 183 | 63.1% |
| Washtenaw County | 246 | 50 | 134 | 54.5% |
| Ottawa County | 241 | 59 | 107 | 44.4% |
| Monroe County | 226 | 52 | 122 | 54.0% |
| Genesee County | 214 | 51 | 113 | 52.8% |
Other large lenders in Michigan
| Lender | Grade | Applications | Denial rate | Median rate |
|---|---|---|---|---|
| Rocket Mortgage | C | 30,644 | 16.3% | 6.75% |
| United Shore Financial Services | B | 29,330 | 11.7% | 6.60% |
| The Huntington National Bank | D | 20,047 | 30.0% | 7.49% |
| Lake Michigan Credit Union | A | 16,662 | 5.6% | 6.75% |
| Fifth Third Bank | D | 11,176 | 26.4% | 7.50% |
| Citizens Bank | C | 6,592 | 29.0% | 7.65% |
| Triad Financial Services | D | 6,426 | 56.1% | 8.49% |
| Union Home Mortgage | B | 5,303 | 4.3% | 6.75% |
| PNC Bank | D | 5,161 | 26.3% | 7.36% |
| Newrez | D | 4,958 | 18.5% | 6.75% |
Frequently asked questions
Michigan: 7,424 applications in 2025, of which 1,623 were originated and 3,963 denied.
53.4% of all applications, or 70.2% of the applications it actually decided on. The Michigan statewide average across all lenders was 18.5%.
The median rate on loans 21st Mortgage originated in Michigan in 2025 was 11.04%, against a statewide median of 6.75%.
About this data. Figures are 21st Mortgage's own HMDA filing for properties located in Michigan, 2025. The grade is national; state-level figures are shown for context and are not separately graded. Methodology