Digital in Michigan vs the state
16.1%Denial rate-2.45 pts vs state
24.3%Decision denial rate+1.74 pts vs state
46.4%Origination rate-13.46 pts vs state
8.12%Median rate+1.37 pts vs state
0.94Rate spread (pts)+0.54 pts vs state
$145kMedian applicant income
26Loans originated
9Denied
Trend in Michigan
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 128 | 40 | 14.1% | 6.25% | #239 |
| 2024 | 87 | 24 | 21.8% | 7.43% | #280 |
| 2025 | 56 | 26 | 16.1% | 8.12% | #338 |
What Digital lends in Michigan
By loan purpose
By loan type
Why it denied Michigan applicants
Where in Michigan
Counties with the most Digital applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Oakland County | 19 | 10 | 3 | 15.8% |
| Macomb County | 7 | 2 | 1 | 14.3% |
| Ingham County | 6 | 4 | 1 | 16.7% |
| Washtenaw County | 5 | 2 | 0 | 0.0% |
| Clinton County | 5 | 2 | 0 | 0.0% |
| Wayne County | 5 | 1 | 3 | 60.0% |
| Berrien County | 2 | 1 | 0 | 0.0% |
| Kent County | 2 | 2 | 0 | 0.0% |
| Houghton County | 1 | 0 | 0 | 0.0% |
| Lenawee County | 1 | 0 | 1 | 100.0% |
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: 56 applications in 2025, of which 26 were originated and 9 denied.
16.1% of all applications, or 24.3% of the applications it actually decided on. The Michigan statewide average across all lenders was 18.5%.
The median rate on loans Digital originated in Michigan in 2025 was 8.12%, against a statewide median of 6.75%.
About this data. Figures are Digital'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