Ameritrust Mortgage · Michigan · 2025

Ameritrust Mortgage in Michigan: approval rate, denial rate and rates (2025)

Ameritrust Mortgage took 118 mortgage applications in Michigan in 2025, ranking #253 of 973 lenders active in the state. It originated 46.6% of them and denied 6.8% (12.7% of the applications it decided), against a statewide denial rate of 18.5%.

118Applicationsin MI
12.7%Decision denial ratestate 22.6%
7.38%Median ratestate 6.75%
$200,000Median loanstate $155,000
$15MVolume21 counties

Ameritrust Mortgage in Michigan vs the state

6.8%Denial rate-11.74 pts vs state
12.7%Decision denial rate-9.88 pts vs state
46.6%Origination rate-13.28 pts vs state
7.38%Median rate+0.63 pts vs state
1.15Rate spread (pts)+0.75 pts vs state
$120kMedian applicant income
55Loans originated
8Denied

Trend in Michigan

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023920.0%7.56%#518
202479333.8%7.75%#294
2025118556.8%7.38%#253

What Ameritrust Mortgage lends in Michigan

By loan purpose

Home purchase 52 44% · 5.8% denied
Refinance 13 11% · 0.0% denied
Cash-out refinance 53 45% · 9.4% denied

By loan type

Conventional 108 92% · 6.5% denied
FHA 9 8% · 11.1% denied
VA 1 1% · 0.0% denied

Why it denied Michigan applicants

Unverifiable information 2 25%
Collateral 2 25%
Other 1 13%
Debt-to-income ratio 1 13%
Employment history 1 13%
Credit history 1 13%

Where in Michigan

Counties with the most Ameritrust Mortgage applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Wayne County 44213 6.8%
Macomb County 22131 4.5%
Hillsdale County 951 11.1%
Oakland County 930 0.0%
Monroe County 621 16.7%
Kalamazoo County 400 0.0%
St. Clair County 312 66.7%
Muskegon County 310 0.0%
Berrien County 310 0.0%
Livingston County 210 0.0%

Other large lenders in Michigan

LenderGradeApplicationsDenial rateMedian rate
Rocket MortgageC 30,64416.3%6.75%
United Shore Financial ServicesB 29,33011.7%6.60%
The Huntington National BankD 20,04730.0%7.49%
Lake Michigan Credit UnionA 16,6625.6%6.75%
Fifth Third BankD 11,17626.4%7.50%
21st MortgageF 7,42453.4%11.04%
Citizens BankC 6,59229.0%7.65%
Triad Financial ServicesD 6,42656.1%8.49%
Union Home MortgageB 5,3034.3%6.75%
PNC BankD 5,16126.3%7.36%

Frequently asked questions

Michigan: 118 applications in 2025, of which 55 were originated and 8 denied.

6.8% of all applications, or 12.7% of the applications it actually decided on. The Michigan statewide average across all lenders was 18.5%.

The median rate on loans Ameritrust Mortgage originated in Michigan in 2025 was 7.38%, against a statewide median of 6.75%.

About this data. Figures are Ameritrust 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