Citadel Servicing in Michigan vs the state
6.4%Denial rate-12.11 pts vs state
6.9%Decision denial rate-15.64 pts vs state
60.3%Origination rate+0.37 pts vs state
8.25%Median rate+1.50 pts vs state
1.88Rate spread (pts)+1.48 pts vs state
$160kMedian applicant income
47Loans originated
5Denied
Trend in Michigan
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 84 | 38 | 7.1% | 9.13% | #286 |
| 2024 | 102 | 40 | 9.8% | 9.44% | #266 |
| 2025 | 78 | 47 | 6.4% | 8.25% | #301 |
What Citadel Servicing lends in Michigan
By loan purpose
By loan type
Why it denied Michigan applicants
Where in Michigan
Counties with the most Citadel Servicing applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Oakland County | 15 | 10 | 1 | 6.7% |
| Wayne County | 13 | 9 | 0 | 0.0% |
| Macomb County | 8 | 5 | 0 | 0.0% |
| Muskegon County | 6 | 5 | 0 | 0.0% |
| Kent County | 6 | 4 | 1 | 16.7% |
| Allegan County | 6 | 3 | 0 | 0.0% |
| Ottawa County | 4 | 2 | 1 | 25.0% |
| Livingston County | 2 | 0 | 1 | 50.0% |
| Lapeer County | 2 | 1 | 0 | 0.0% |
| Antrim County | 1 | 0 | 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: 78 applications in 2025, of which 47 were originated and 5 denied.
6.4% of all applications, or 6.9% of the applications it actually decided on. The Michigan statewide average across all lenders was 18.5%.
The median rate on loans Citadel Servicing originated in Michigan in 2025 was 8.25%, against a statewide median of 6.75%.
About this data. Figures are Citadel Servicing'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