Better Mortgage in Michigan vs the state
29.2%Denial rate+10.65 pts vs state
49.7%Decision denial rate+27.10 pts vs state
29.1%Origination rate-30.81 pts vs state
7.50%Median rate+0.75 pts vs state
0.85Rate spread (pts)+0.45 pts vs state
$122kMedian applicant income
305Loans originated
306Denied
Trend in Michigan
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 244 | 90 | 7.4% | 6.50% | #159 |
| 2024 | 338 | 122 | 18.6% | 6.63% | #148 |
| 2025 | 1,049 | 305 | 29.2% | 7.50% | #72 |
What Better Mortgage lends in Michigan
By loan purpose
By loan type
Why it denied Michigan applicants
Where in Michigan
Counties with the most Better Mortgage applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Oakland County | 204 | 66 | 58 | 28.4% |
| Wayne County | 194 | 63 | 54 | 27.8% |
| Macomb County | 108 | 32 | 29 | 26.9% |
| Kent County | 72 | 24 | 18 | 25.0% |
| Ingham County | 27 | 8 | 11 | 40.7% |
| Washtenaw County | 27 | 9 | 8 | 29.6% |
| Ottawa County | 25 | 9 | 9 | 36.0% |
| Genesee County | 23 | 2 | 10 | 43.5% |
| St. Clair County | 20 | 6 | 6 | 30.0% |
| Grand Traverse County | 20 | 1 | 7 | 35.0% |
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: 1,049 applications in 2025, of which 305 were originated and 306 denied.
29.2% of all applications, or 49.7% of the applications it actually decided on. The Michigan statewide average across all lenders was 18.5%.
The median rate on loans Better Mortgage originated in Michigan in 2025 was 7.50%, against a statewide median of 6.75%.
About this data. Figures are Better 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