Citizens Equity First in Michigan vs the state
14.3%Denial rate-4.23 pts vs state
20.0%Decision denial rate-2.58 pts vs state
57.1%Origination rate-2.75 pts vs state
6.94%Median rate+0.19 pts vs state
0.06Rate spread (pts)-0.34 pts vs state
$176kMedian applicant income
8Loans originated
2Denied
Trend in Michigan
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 10 | 6 | 10.0% | 7.50% | #500 |
| 2024 | 14 | 8 | 28.6% | 6.94% | #458 |
| 2025 | 14 | 8 | 14.3% | 6.94% | #479 |
What Citizens Equity First lends in Michigan
By loan purpose
By loan type
Why it denied Michigan applicants
Where in Michigan
Counties with the most Citizens Equity First applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Oakland County | 2 | 1 | 0 | 0.0% |
| Muskegon County | 2 | 1 | 0 | 0.0% |
| Berrien County | 2 | 2 | 0 | 0.0% |
| Livingston County | 1 | 0 | 0 | 0.0% |
| Lake County | 1 | 0 | 0 | 0.0% |
| Wayne County | 1 | 0 | 1 | 100.0% |
| Cass County | 1 | 1 | 0 | 0.0% |
| Ottawa County | 1 | 1 | 0 | 0.0% |
| Leelanau County | 1 | 1 | 0 | 0.0% |
| Oscoda County | 1 | 0 | 1 | 100.0% |
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: 14 applications in 2025, of which 8 were originated and 2 denied.
14.3% of all applications, or 20.0% of the applications it actually decided on. The Michigan statewide average across all lenders was 18.5%.
The median rate on loans Citizens Equity First originated in Michigan in 2025 was 6.94%, against a statewide median of 6.75%.
About this data. Figures are Citizens Equity First'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