Coast One Mortgage · Michigan · 2025

Coast One Mortgage in Michigan: approval rate, denial rate and rates (2025)

Coast One Mortgage took 30 mortgage applications in Michigan in 2025, ranking #386 of 973 lenders active in the state. It originated 50.0% of them and denied 10.0% (15.8% of the applications it decided), against a statewide denial rate of 18.5%.

30Applicationsin MI
15.8%Decision denial ratestate 22.6%
6.63%Median ratestate 6.75%
$285,000Median loanstate $155,000
$4.3MVolume16 counties

Coast One Mortgage in Michigan vs the state

10.0%Denial rate-8.52 pts vs state
15.8%Decision denial rate-6.79 pts vs state
50.0%Origination rate-9.89 pts vs state
6.63%Median rate-0.13 pts vs state
0.43Rate spread (pts)+0.03 pts vs state
$81kMedian applicant income
15Loans originated
3Denied

Trend in Michigan

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231529211.8%7.13%#216
202487529.2%6.99%#282
2025301510.0%6.63%#386

What Coast One Mortgage lends in Michigan

By loan purpose

Home purchase 19 63% · 15.8% denied
Refinance 7 23% · 0.0% denied
Cash-out refinance 4 13% · 0.0% denied

By loan type

Conventional 18 60% · 0.0% denied
FHA 8 27% · 37.5% denied
VA 4 13% · 0.0% denied

Why it denied Michigan applicants

Debt-to-income ratio 2 67%
Collateral 1 33%

Where in Michigan

Counties with the most Coast One Mortgage applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Livingston County 430 0.0%
Newaygo County 310 0.0%
Grand Traverse County 310 0.0%
Oakland County 220 0.0%
Ottawa County 220 0.0%
Emmet County 200 0.0%
Macomb County 200 0.0%
Allegan County 210 0.0%
Wayne County 220 0.0%
Barry County 202 100.0%

Other large lenders in Michigan

LenderGradeApplicationsDenial rateMedian rate
Rocket MortgageC 30,64416.3%6.75%
United Shore Financial ServicesB 29,33011.7%6.60%
The Huntington National BankD 20,04730.0%7.49%
Lake Michigan Credit UnionA 16,6625.6%6.75%
Fifth Third BankD 11,17626.4%7.50%
21st MortgageF 7,42453.4%11.04%
Citizens BankC 6,59229.0%7.65%
Triad Financial ServicesD 6,42656.1%8.49%
Union Home MortgageB 5,3034.3%6.75%
PNC BankD 5,16126.3%7.36%

Frequently asked questions

Michigan: 30 applications in 2025, of which 15 were originated and 3 denied.

10.0% of all applications, or 15.8% of the applications it actually decided on. The Michigan statewide average across all lenders was 18.5%.

The median rate on loans Coast One Mortgage originated in Michigan in 2025 was 6.63%, against a statewide median of 6.75%.

About this data. Figures are Coast One Mortgage'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