Angel Oak Mortgage Solutions · Michigan · 2025

Angel Oak Mortgage Solutions in Michigan: approval rate, denial rate and rates (2025)

Angel Oak Mortgage Solutions took 114 mortgage applications in Michigan in 2025, ranking #258 of 973 lenders active in the state. It originated 62.3% of them and denied 14.9% (19.3% of the applications it decided), against a statewide denial rate of 18.5%.

114Applicationsin MI
19.3%Decision denial ratestate 22.6%
7.75%Median ratestate 6.75%
$195,000Median loanstate $155,000
$21MVolume33 counties

Angel Oak Mortgage Solutions in Michigan vs the state

14.9%Denial rate-3.61 pts vs state
19.3%Decision denial rate-3.26 pts vs state
62.3%Origination rate+2.39 pts vs state
7.75%Median rate+1.00 pts vs state
2.15Rate spread (pts)+1.75 pts vs state
$210kMedian applicant income
71Loans originated
17Denied

Trend in Michigan

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023843126.2%8.50%#285
2024603420.0%7.88%#330
20251147114.9%7.75%#258

What Angel Oak Mortgage Solutions lends in Michigan

By loan purpose

Home purchase 41 36% · 14.6% denied
Refinance 8 7% · 12.5% denied
Cash-out refinance 65 57% · 15.4% denied

By loan type

Conventional 114 100% · 14.9% denied

Why it denied Michigan applicants

Collateral 8 47%
Insufficient cash 4 24%
Unverifiable information 3 18%
Debt-to-income ratio 1 6%
Credit history 1 6%

Where in Michigan

Counties with the most Angel Oak Mortgage Solutions applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Oakland County 18122 11.1%
Macomb County 1573 20.0%
Wayne County 1491 7.1%
St. Clair County 851 12.5%
Genesee County 620 0.0%
Kent County 550 0.0%
Bay County 421 25.0%
Washtenaw County 431 25.0%
Grand Traverse County 431 25.0%
Lenawee County 310 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: 114 applications in 2025, of which 71 were originated and 17 denied.

14.9% of all applications, or 19.3% of the applications it actually decided on. The Michigan statewide average across all lenders was 18.5%.

The median rate on loans Angel Oak Mortgage Solutions originated in Michigan in 2025 was 7.75%, against a statewide median of 6.75%.

About this data. Figures are Angel Oak Mortgage Solutions'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