Clearpath Lending in Michigan vs the state
8.2%Denial rate-10.28 pts vs state
10.0%Decision denial rate-12.58 pts vs state
74.1%Origination rate+14.23 pts vs state
5.75%Median rate-1.00 pts vs state
-0.70Rate spread (pts)-1.09 pts vs state
$84kMedian applicant income
63Loans originated
7Denied
Trend in Michigan
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 50 | 27 | 16.0% | 5.88% | #334 |
| 2024 | 67 | 43 | 17.9% | 5.63% | #317 |
| 2025 | 85 | 63 | 8.2% | 5.75% | #287 |
What Clearpath Lending lends in Michigan
By loan purpose
By loan type
Why it denied Michigan applicants
Where in Michigan
Counties with the most Clearpath Lending applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Wayne County | 15 | 11 | 2 | 13.3% |
| Macomb County | 11 | 8 | 2 | 18.2% |
| Oakland County | 9 | 7 | 0 | 0.0% |
| Genesee County | 7 | 6 | 0 | 0.0% |
| Saginaw County | 4 | 3 | 0 | 0.0% |
| Bay County | 4 | 3 | 0 | 0.0% |
| Calhoun County | 3 | 3 | 0 | 0.0% |
| Midland County | 3 | 2 | 0 | 0.0% |
| Muskegon County | 3 | 1 | 1 | 33.3% |
| Kalamazoo County | 2 | 2 | 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: 85 applications in 2025, of which 63 were originated and 7 denied.
8.2% of all applications, or 10.0% of the applications it actually decided on. The Michigan statewide average across all lenders was 18.5%.
The median rate on loans Clearpath Lending originated in Michigan in 2025 was 5.75%, against a statewide median of 6.75%.
About this data. Figures are Clearpath 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