Ark-La-Tex Financial Services, LLC. in Michigan vs the state
1.4%Denial rate-17.10 pts vs state
1.7%Decision denial rate-20.87 pts vs state
81.1%Origination rate+21.21 pts vs state
6.63%Median rate-0.13 pts vs state
0.39Rate spread (pts)-0.01 pts vs state
$100kMedian applicant income
399Loans originated
7Denied
Trend in Michigan
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 753 | 506 | 4.8% | 6.99% | #85 |
| 2024 | 634 | 481 | 2.7% | 6.75% | #95 |
| 2025 | 492 | 399 | 1.4% | 6.63% | #129 |
What Ark-La-Tex Financial Services, LLC. lends in Michigan
By loan purpose
By loan type
Why it denied Michigan applicants
Where in Michigan
Counties with the most Ark-La-Tex Financial Services, LLC. applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Kent County | 178 | 155 | 0 | 0.0% |
| Roscommon County | 53 | 41 | 0 | 0.0% |
| Ottawa County | 32 | 26 | 1 | 3.1% |
| Wayne County | 18 | 10 | 2 | 11.1% |
| Muskegon County | 18 | 14 | 0 | 0.0% |
| Oakland County | 14 | 13 | 1 | 7.1% |
| Macomb County | 14 | 12 | 1 | 7.1% |
| Montcalm County | 13 | 12 | 0 | 0.0% |
| Ionia County | 12 | 12 | 0 | 0.0% |
| Allegan County | 11 | 8 | 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: 492 applications in 2025, of which 399 were originated and 7 denied.
1.4% of all applications, or 1.7% of the applications it actually decided on. The Michigan statewide average across all lenders was 18.5%.
The median rate on loans Ark-La-Tex Financial Services, LLC. originated in Michigan in 2025 was 6.63%, against a statewide median of 6.75%.
About this data. Figures are Ark-La-Tex Financial Services, LLC.'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