Deephaven Mortgage in Michigan vs the state
36.2%Denial rate+17.71 pts vs state
40.0%Decision denial rate+17.42 pts vs state
52.9%Origination rate-6.99 pts vs state
7.75%Median rate+1.00 pts vs state
1.61Rate spread (pts)+1.22 pts vs state
$223kMedian applicant income
146Loans originated
100Denied
Trend in Michigan
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 86 | 46 | 25.6% | 8.50% | #278 |
| 2024 | 215 | 120 | 33.0% | 7.69% | #186 |
| 2025 | 276 | 146 | 36.2% | 7.75% | #182 |
What Deephaven Mortgage lends in Michigan
By loan purpose
By loan type
Why it denied Michigan applicants
Where in Michigan
Counties with the most Deephaven Mortgage applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Wayne County | 81 | 36 | 25 | 30.9% |
| Oakland County | 34 | 22 | 10 | 29.4% |
| Kent County | 21 | 18 | 3 | 14.3% |
| Washtenaw County | 14 | 8 | 5 | 35.7% |
| Macomb County | 11 | 6 | 4 | 36.4% |
| Ottawa County | 10 | 5 | 4 | 40.0% |
| Muskegon County | 8 | 5 | 2 | 25.0% |
| Ingham County | 7 | 4 | 3 | 42.9% |
| Genesee County | 6 | 3 | 3 | 50.0% |
| Allegan County | 6 | 2 | 4 | 66.7% |
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: 276 applications in 2025, of which 146 were originated and 100 denied.
36.2% of all applications, or 40.0% of the applications it actually decided on. The Michigan statewide average across all lenders was 18.5%.
The median rate on loans Deephaven Mortgage originated in Michigan in 2025 was 7.75%, against a statewide median of 6.75%.
About this data. Figures are Deephaven 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