Envoy Mortgage in Michigan vs the state
10.0%Denial rate-8.52 pts vs state
12.5%Decision denial rate-10.08 pts vs state
70.0%Origination rate+10.11 pts vs state
6.63%Median rate-0.13 pts vs state
0.32Rate spread (pts)-0.08 pts vs state
$107kMedian applicant income
21Loans originated
3Denied
Trend in Michigan
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 77 | 53 | 6.5% | 6.63% | #295 |
| 2024 | 13 | 10 | 7.7% | 7.06% | #473 |
| 2025 | 30 | 21 | 10.0% | 6.63% | #388 |
What Envoy Mortgage lends in Michigan
By loan purpose
By loan type
Why it denied Michigan applicants
Where in Michigan
Counties with the most Envoy Mortgage applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Kent County | 16 | 13 | 1 | 6.3% |
| St. Joseph County | 3 | 1 | 2 | 66.7% |
| Barry County | 2 | 2 | 0 | 0.0% |
| Ottawa County | 2 | 1 | 0 | 0.0% |
| Washtenaw County | 1 | 0 | 0 | 0.0% |
| Berrien County | 1 | 1 | 0 | 0.0% |
| Newaygo County | 1 | 1 | 0 | 0.0% |
| Wayne County | 1 | 1 | 0 | 0.0% |
| Charlevoix County | 1 | 1 | 0 | 0.0% |
| Calhoun County | 1 | 0 | 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: 30 applications in 2025, of which 21 were originated and 3 denied.
10.0% of all applications, or 12.5% of the applications it actually decided on. The Michigan statewide average across all lenders was 18.5%.
The median rate on loans Envoy Mortgage originated in Michigan in 2025 was 6.63%, against a statewide median of 6.75%.
About this data. Figures are Envoy 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