Arc Home in Michigan vs the state
7.1%Denial rate-11.38 pts vs state
12.5%Decision denial rate-10.08 pts vs state
50.0%Origination rate-9.89 pts vs state
7.38%Median rate+0.63 pts vs state
1.01Rate spread (pts)+0.61 pts vs state
$154kMedian applicant income
14Loans originated
2Denied
Trend in Michigan
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 35 | 12 | 25.7% | 7.81% | #361 |
| 2024 | 33 | 13 | 12.1% | 7.63% | #380 |
| 2025 | 28 | 14 | 7.1% | 7.38% | #398 |
What Arc Home lends in Michigan
By loan purpose
By loan type
Why it denied Michigan applicants
Where in Michigan
Counties with the most Arc Home applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Wayne County | 11 | 4 | 1 | 9.1% |
| Oakland County | 5 | 4 | 1 | 20.0% |
| Washtenaw County | 3 | 1 | 0 | 0.0% |
| Macomb County | 3 | 2 | 0 | 0.0% |
| Ingham County | 2 | 2 | 0 | 0.0% |
| Monroe County | 1 | 0 | 0 | 0.0% |
| Grand Traverse County | 1 | 0 | 0 | 0.0% |
| Kalamazoo County | 1 | 1 | 0 | 0.0% |
| Genesee County | 1 | 0 | 0 | 0.0% |
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: 28 applications in 2025, of which 14 were originated and 2 denied.
7.1% of all applications, or 12.5% of the applications it actually decided on. The Michigan statewide average across all lenders was 18.5%.
The median rate on loans Arc Home originated in Michigan in 2025 was 7.38%, against a statewide median of 6.75%.
About this data. Figures are Arc Home'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