East Coast Capital · Michigan · 2025

East Coast Capital in Michigan: approval rate, denial rate and rates (2025)

East Coast Capital took 16 mortgage applications in Michigan in 2025, ranking #468 of 973 lenders active in the state. It originated 43.8% of them and denied 12.5% (22.2% of the applications it decided), against a statewide denial rate of 18.5%.

16Applicationsin MI
22.2%Decision denial ratestate 22.6%
7.63%Median ratestate 6.75%
$115,000Median loanstate $155,000
$1.4MVolume9 counties

East Coast Capital in Michigan vs the state

12.5%Denial rate-6.02 pts vs state
22.2%Decision denial rate-0.36 pts vs state
43.8%Origination rate-16.14 pts vs state
7.63%Median rate+0.88 pts vs state
1.16Rate spread (pts)+0.76 pts vs state
$113kMedian applicant income
7Loans originated
2Denied

Trend in Michigan

YearApplicationsOriginatedDenial rateMedian rateRank in state
202415620.0%7.06%#457
202516712.5%7.63%#468

What East Coast Capital lends in Michigan

By loan purpose

Home purchase 4 25% · 50.0% denied
Cash-out refinance 12 75% · 0.0% denied

By loan type

Conventional 15 94% · 13.3% denied
FHA 1 6% · 0.0% denied

Why it denied Michigan applicants

Debt-to-income ratio 1 50%
Collateral 1 50%

Where in Michigan

Counties with the most East Coast Capital applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Wayne County 420 0.0%
Oakland County 310 0.0%
Macomb County 312 66.7%
Ottawa County 100 0.0%
Otsego County 110 0.0%
Kalamazoo County 110 0.0%
Saginaw County 100 0.0%
Midland County 100 0.0%
St. Clair 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: 16 applications in 2025, of which 7 were originated and 2 denied.

12.5% of all applications, or 22.2% of the applications it actually decided on. The Michigan statewide average across all lenders was 18.5%.

The median rate on loans East Coast Capital originated in Michigan in 2025 was 7.63%, against a statewide median of 6.75%.

About this data. Figures are East Coast Capital'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