Commerce Home Mortgage in Michigan vs the state
16.5%Denial rate-2.03 pts vs state
23.8%Decision denial rate+1.25 pts vs state
52.7%Origination rate-7.19 pts vs state
8.63%Median rate+1.88 pts vs state
2.48Rate spread (pts)+2.08 pts vs state
$160kMedian applicant income
195Loans originated
61Denied
Trend in Michigan
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 245 | 100 | 21.6% | 8.96% | #158 |
| 2024 | 166 | 75 | 10.8% | 8.50% | #215 |
| 2025 | 370 | 195 | 16.5% | 8.63% | #153 |
What Commerce Home Mortgage lends in Michigan
By loan purpose
By loan type
Why it denied Michigan applicants
Where in Michigan
Counties with the most Commerce Home Mortgage applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Macomb County | 86 | 44 | 14 | 16.3% |
| Oakland County | 76 | 34 | 15 | 19.7% |
| Wayne County | 75 | 41 | 16 | 21.3% |
| Washtenaw County | 15 | 7 | 2 | 13.3% |
| Genesee County | 14 | 10 | 2 | 14.3% |
| Ottawa County | 11 | 8 | 0 | 0.0% |
| Grand Traverse County | 10 | 3 | 2 | 20.0% |
| Muskegon County | 10 | 9 | 0 | 0.0% |
| St. Clair County | 8 | 6 | 1 | 12.5% |
| Kent County | 6 | 5 | 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: 370 applications in 2025, of which 195 were originated and 61 denied.
16.5% of all applications, or 23.8% of the applications it actually decided on. The Michigan statewide average across all lenders was 18.5%.
The median rate on loans Commerce Home Mortgage originated in Michigan in 2025 was 8.63%, against a statewide median of 6.75%.
About this data. Figures are Commerce Home 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