Calcon Mutual Mortgage · Michigan · 2025

Calcon Mutual Mortgage in Michigan: approval rate, denial rate and rates (2025)

Calcon Mutual Mortgage took 196 mortgage applications in Michigan in 2025, ranking #211 of 973 lenders active in the state. It originated 68.9% of them and denied 4.1% (5.6% of the applications it decided), against a statewide denial rate of 18.5%.

196Applicationsin MI
5.6%Decision denial ratestate 22.6%
6.63%Median ratestate 6.75%
$250,000Median loanstate $155,000
$39MVolume35 counties

Calcon Mutual Mortgage in Michigan vs the state

4.1%Denial rate-14.44 pts vs state
5.6%Decision denial rate-16.99 pts vs state
68.9%Origination rate+8.99 pts vs state
6.63%Median rate-0.13 pts vs state
0.31Rate spread (pts)-0.09 pts vs state
$91kMedian applicant income
135Loans originated
8Denied

Trend in Michigan

YearApplicationsOriginatedDenial rateMedian rateRank in state
20238325.0%7.00%#532
20245504015.3%6.75%#109
20251961354.1%6.63%#211

What Calcon Mutual Mortgage lends in Michigan

By loan purpose

Home purchase 154 79% · 3.3% denied
Refinance 19 10% · 5.3% denied
Cash-out refinance 23 12% · 8.7% denied

By loan type

Conventional 136 69% · 3.7% denied
FHA 40 20% · 5.0% denied
VA 18 9% · 5.6% denied
USDA / RHS 2 1% · 0.0% denied

Why it denied Michigan applicants

Collateral 3 38%
Incomplete application 3 38%
Other 2 25%

Where in Michigan

Counties with the most Calcon Mutual Mortgage applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Grand Traverse County 62392 3.2%
Manistee County 24171 4.2%
Leelanau County 1191 9.1%
Kalkaska County 1061 10.0%
Mason County 962 22.2%
Antrim County 870 0.0%
Wexford County 760 0.0%
Emmet County 750 0.0%
Benzie County 730 0.0%
Otsego County 740 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: 196 applications in 2025, of which 135 were originated and 8 denied.

4.1% of all applications, or 5.6% of the applications it actually decided on. The Michigan statewide average across all lenders was 18.5%.

The median rate on loans Calcon Mutual Mortgage originated in Michigan in 2025 was 6.63%, against a statewide median of 6.75%.

About this data. Figures are Calcon Mutual 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