Bayshore Mortgage Funding · Michigan · 2025

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

Bayshore Mortgage Funding took 25 mortgage applications in Michigan in 2025, ranking #407 of 973 lenders active in the state. It originated 80.0% of them and denied 8.0% (9.1% of the applications it decided), against a statewide denial rate of 18.5%.

25Applicationsin MI
9.1%Decision denial ratestate 22.6%
6.88%Median ratestate 6.75%
$225,000Median loanstate $155,000
$5.5MVolume16 counties

Bayshore Mortgage Funding in Michigan vs the state

8.0%Denial rate-10.52 pts vs state
9.1%Decision denial rate-13.49 pts vs state
80.0%Origination rate+20.11 pts vs state
6.88%Median rate+0.13 pts vs state
0.59Rate spread (pts)+0.20 pts vs state
$100kMedian applicant income
20Loans originated
2Denied

Trend in Michigan

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231169.1%7.06%#490
20241180.0%7.13%#491
202525208.0%6.88%#407

What Bayshore Mortgage Funding lends in Michigan

By loan purpose

Home purchase 20 80% · 5.0% denied
Refinance 2 8% · 0.0% denied
Cash-out refinance 3 12% · 33.3% denied

By loan type

Conventional 15 60% · 6.7% denied
FHA 5 20% · 20.0% denied
VA 1 4% · 0.0% denied
USDA / RHS 4 16% · 0.0% denied

Why it denied Michigan applicants

Credit history 1 50%
Debt-to-income ratio 1 50%

Where in Michigan

Counties with the most Bayshore Mortgage Funding applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Ingham County 651 16.7%
Midland County 210 0.0%
Wayne County 220 0.0%
Bay County 220 0.0%
Mason County 220 0.0%
Grand Traverse County 101 100.0%
Arenac County 100 0.0%
Clinton County 110 0.0%
Ontonagon County 110 0.0%
Clare County 110 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: 25 applications in 2025, of which 20 were originated and 2 denied.

8.0% of all applications, or 9.1% of the applications it actually decided on. The Michigan statewide average across all lenders was 18.5%.

The median rate on loans Bayshore Mortgage Funding originated in Michigan in 2025 was 6.88%, against a statewide median of 6.75%.

About this data. Figures are Bayshore Mortgage Funding'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