Coastal Community Bank · Michigan · 2025

Coastal Community Bank in Michigan: approval rate, denial rate and rates (2025)

Coastal Community Bank took 3,418 mortgage applications in Michigan in 2025, ranking #25 of 973 lenders active in the state. It originated 22.6% of them and denied 1.6% (2.4% of the applications it decided), against a statewide denial rate of 18.5%.

3.4kApplicationsin MI
2.4%Decision denial ratestate 22.6%
10.49%Median ratestate 6.75%
$55,000Median loanstate $155,000
$44MVolume78 counties

Coastal Community Bank in Michigan vs the state

1.6%Denial rate-16.88 pts vs state
2.4%Decision denial rate-20.21 pts vs state
22.6%Origination rate-37.30 pts vs state
10.49%Median rate+3.74 pts vs state
3.25Rate spread (pts)+2.85 pts vs state
$104kMedian applicant income
772Loans originated
56Denied

Trend in Michigan

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231,4465801.2%14.24%#49
20242,4135141.4%12.99%#36
20253,4187721.6%10.49%#25

What Coastal Community Bank lends in Michigan

By loan purpose

Cash-out refinance 319 9% · 0.9% denied
Home improvement 1,072 31% · 1.7% denied
Other / HELOC 2,027 59% · 1.7% denied

By loan type

Conventional 3,418 100% · 1.6% denied

Why it denied Michigan applicants

Debt-to-income ratio 26 46%
Credit history 21 38%
Other 5 9%
Collateral 3 5%
Unverifiable information 1 2%

Where in Michigan

Counties with the most Coastal Community Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Wayne County 63412518 2.8%
Oakland County 5191266 1.2%
Macomb County 336696 1.8%
Kent County 199434 2.0%
Genesee County 159323 1.9%
Washtenaw County 106270 0.0%
Ottawa County 87271 1.1%
Ingham County 76153 3.9%
Kalamazoo County 75151 1.3%
Livingston County 71171 1.4%

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: 3,418 applications in 2025, of which 772 were originated and 56 denied.

1.6% of all applications, or 2.4% of the applications it actually decided on. The Michigan statewide average across all lenders was 18.5%.

The median rate on loans Coastal Community Bank originated in Michigan in 2025 was 10.49%, against a statewide median of 6.75%.

About this data. Figures are Coastal Community Bank'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