City Lending in Michigan vs the state
28.6%Denial rate+10.05 pts vs state
33.3%Decision denial rate+10.75 pts vs state
57.1%Origination rate-2.75 pts vs state
7.00%Median rate+0.25 pts vs state
1.26Rate spread (pts)+0.86 pts vs state
$102kMedian applicant income
4Loans originated
2Denied
What City Lending lends in Michigan
By loan purpose
By loan type
Why it denied Michigan applicants
Where in Michigan
Counties with the most City Lending applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Oakland County | 3 | 1 | 2 | 66.7% |
| Wayne County | 2 | 1 | 0 | 0.0% |
| Cheboygan County | 1 | 1 | 0 | 0.0% |
| Barry County | 1 | 1 | 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: 7 applications in 2025, of which 4 were originated and 2 denied.
28.6% of all applications, or 33.3% of the applications it actually decided on. The Michigan statewide average across all lenders was 18.5%.
The median rate on loans City Lending originated in Michigan in 2025 was 7.00%, against a statewide median of 6.75%.
About this data. Figures are City Lending'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