Constructive Loans in Michigan vs the state
4.9%Denial rate-13.58 pts vs state
5.3%Decision denial rate-17.32 pts vs state
85.2%Origination rate+25.30 pts vs state
7.75%Median rate+1.00 pts vs state
—Rate spread (pts)
—Median applicant income
69Loans originated
4Denied
Trend in Michigan
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 17 | 13 | 0.0% | 8.25% | #449 |
| 2024 | 42 | 31 | 7.1% | 7.88% | #362 |
| 2025 | 81 | 69 | 4.9% | 7.75% | #295 |
What Constructive Loans lends in Michigan
By loan purpose
By loan type
Why it denied Michigan applicants
Where in Michigan
Counties with the most Constructive Loans applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Wayne County | 56 | 49 | 4 | 7.1% |
| Genesee County | 19 | 15 | 0 | 0.0% |
| Macomb County | 2 | 1 | 0 | 0.0% |
| Kalamazoo County | 1 | 1 | 0 | 0.0% |
| Muskegon County | 1 | 1 | 0 | 0.0% |
| Berrien County | 1 | 1 | 0 | 0.0% |
| Oakland County | 1 | 1 | 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: 81 applications in 2025, of which 69 were originated and 4 denied.
4.9% of all applications, or 5.3% of the applications it actually decided on. The Michigan statewide average across all lenders was 18.5%.
The median rate on loans Constructive Loans originated in Michigan in 2025 was 7.75%, against a statewide median of 6.75%.
About this data. Figures are Constructive Loans'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