American Pacific Mortgage in Michigan vs the state
8.2%Denial rate-10.29 pts vs state
9.8%Decision denial rate-12.79 pts vs state
75.8%Origination rate+15.95 pts vs state
6.63%Median rate-0.13 pts vs state
0.60Rate spread (pts)+0.20 pts vs state
$85kMedian applicant income
590Loans originated
64Denied
Trend in Michigan
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 186 | 122 | 8.1% | 7.25% | #186 |
| 2024 | 451 | 298 | 12.4% | 6.88% | #126 |
| 2025 | 778 | 590 | 8.2% | 6.63% | #93 |
What American Pacific Mortgage lends in Michigan
By loan purpose
By loan type
Why it denied Michigan applicants
Where in Michigan
Counties with the most American Pacific Mortgage applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Kent County | 205 | 155 | 15 | 7.3% |
| Montcalm County | 47 | 39 | 4 | 8.5% |
| Mecosta County | 39 | 25 | 6 | 15.4% |
| Muskegon County | 37 | 26 | 3 | 8.1% |
| Macomb County | 33 | 29 | 1 | 3.0% |
| Ottawa County | 33 | 29 | 1 | 3.0% |
| Ingham County | 32 | 20 | 7 | 21.9% |
| Allegan County | 29 | 22 | 3 | 10.3% |
| Ionia County | 26 | 22 | 2 | 7.7% |
| Barry County | 24 | 22 | 1 | 4.2% |
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% |
| 21st Mortgage | F | 7,424 | 53.4% | 11.04% |
| 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% |
Frequently asked questions
Michigan: 778 applications in 2025, of which 590 were originated and 64 denied.
8.2% of all applications, or 9.8% of the applications it actually decided on. The Michigan statewide average across all lenders was 18.5%.
The median rate on loans American Pacific Mortgage originated in Michigan in 2025 was 6.63%, against a statewide median of 6.75%.
About this data. Figures are American Pacific 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