Equity Prime Mortgage in Michigan vs the state
11.3%Denial rate-7.24 pts vs state
26.8%Decision denial rate+4.23 pts vs state
30.7%Origination rate-29.21 pts vs state
6.75%Median rate0.00 pts vs state
0.69Rate spread (pts)+0.30 pts vs state
$75kMedian applicant income
332Loans originated
122Denied
Trend in Michigan
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 297 | 174 | 4.7% | 7.25% | #151 |
| 2024 | 605 | 315 | 3.3% | 7.25% | #102 |
| 2025 | 1,082 | 332 | 11.3% | 6.75% | #68 |
What Equity Prime Mortgage lends in Michigan
By loan purpose
By loan type
Why it denied Michigan applicants
Where in Michigan
Counties with the most Equity Prime Mortgage applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Wayne County | 328 | 88 | 38 | 11.6% |
| Oakland County | 114 | 41 | 10 | 8.8% |
| Macomb County | 110 | 30 | 15 | 13.6% |
| Genesee County | 51 | 18 | 4 | 7.8% |
| Kent County | 34 | 8 | 5 | 14.7% |
| Muskegon County | 24 | 10 | 2 | 8.3% |
| St. Clair County | 20 | 11 | 0 | 0.0% |
| Ingham County | 20 | 7 | 4 | 20.0% |
| Washtenaw County | 19 | 5 | 0 | 0.0% |
| Saginaw County | 18 | 8 | 1 | 5.6% |
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: 1,082 applications in 2025, of which 332 were originated and 122 denied.
11.3% of all applications, or 26.8% of the applications it actually decided on. The Michigan statewide average across all lenders was 18.5%.
The median rate on loans Equity Prime Mortgage originated in Michigan in 2025 was 6.75%, against a statewide median of 6.75%.
About this data. Figures are Equity Prime 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