Champions Funding in Michigan vs the state
20.3%Denial rate+1.77 pts vs state
27.9%Decision denial rate+5.28 pts vs state
52.5%Origination rate-7.35 pts vs state
8.25%Median rate+1.50 pts vs state
2.48Rate spread (pts)+2.08 pts vs state
$171kMedian applicant income
145Loans originated
56Denied
Trend in Michigan
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 50 | 21 | 58.0% | 9.75% | #333 |
| 2024 | 83 | 49 | 20.5% | 9.50% | #286 |
| 2025 | 276 | 145 | 20.3% | 8.25% | #183 |
What Champions Funding lends in Michigan
By loan purpose
By loan type
Why it denied Michigan applicants
Where in Michigan
Counties with the most Champions Funding applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Wayne County | 73 | 38 | 16 | 21.9% |
| Oakland County | 55 | 28 | 12 | 21.8% |
| Macomb County | 39 | 20 | 7 | 17.9% |
| Kent County | 12 | 4 | 2 | 16.7% |
| Ingham County | 10 | 6 | 1 | 10.0% |
| Washtenaw County | 9 | 8 | 1 | 11.1% |
| Berrien County | 5 | 3 | 1 | 20.0% |
| Livingston County | 5 | 2 | 2 | 40.0% |
| Calhoun County | 5 | 2 | 1 | 20.0% |
| Saginaw County | 4 | 2 | 1 | 25.0% |
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: 276 applications in 2025, of which 145 were originated and 56 denied.
20.3% of all applications, or 27.9% of the applications it actually decided on. The Michigan statewide average across all lenders was 18.5%.
The median rate on loans Champions Funding originated in Michigan in 2025 was 8.25%, against a statewide median of 6.75%.
About this data. Figures are Champions 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