Commercial Bank · Michigan · 2025

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

Commercial Bank took 51 mortgage applications in Michigan in 2025, ranking #348 of 973 lenders active in the state. It originated 41.2% of them and denied 31.4% (43.2% of the applications it decided), against a statewide denial rate of 18.5%.

51Applicationsin MI
43.2%Decision denial ratestate 22.6%
Median ratestate 6.75%
$175,000Median loanstate $155,000
$5.6MVolume18 counties

Commercial Bank in Michigan vs the state

31.4%Denial rate+12.85 pts vs state
43.2%Decision denial rate+20.66 pts vs state
41.2%Origination rate-18.71 pts vs state
Median rate
Rate spread (pts)
$92kMedian applicant income
21Loans originated
16Denied

Trend in Michigan

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231126123.2%#254
2024745010.8%#302
2025512131.4%#348

What Commercial Bank lends in Michigan

By loan purpose

Home purchase 31 61% · 32.3% denied
Refinance 4 8% · 0.0% denied
Cash-out refinance 12 24% · 41.7% denied
Other / HELOC 4 8% · 25.0% denied

By loan type

Conventional 51 100% · 31.4% denied

Where in Michigan

Counties with the most Commercial Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Gratiot County 24114 16.7%
Ingham County 513 60.0%
Barry County 522 40.0%
Ottawa County 202 100.0%
Montcalm County 211 50.0%
Oakland County 101 100.0%
Oceana County 110 0.0%
Washtenaw County 100 0.0%
Clare County 110 0.0%
Allegan County 110 0.0%

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: 51 applications in 2025, of which 21 were originated and 16 denied.

31.4% of all applications, or 43.2% of the applications it actually decided on. The Michigan statewide average across all lenders was 18.5%.

This lender did not report interest rates on its originated loans (some institutions are exempt from HMDA pricing fields).

About this data. Figures are Commercial 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