Extra in Michigan vs the state
27.4%Denial rate+8.83 pts vs state
36.0%Decision denial rate+13.38 pts vs state
47.9%Origination rate-12.03 pts vs state
7.25%Median rate+0.50 pts vs state
0.86Rate spread (pts)+0.46 pts vs state
$74kMedian applicant income
56Loans originated
32Denied
Trend in Michigan
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 115 | 67 | 13.9% | 7.50% | #253 |
| 2024 | 109 | 66 | 18.4% | 7.25% | #260 |
| 2025 | 117 | 56 | 27.4% | 7.25% | #254 |
What Extra lends in Michigan
By loan purpose
By loan type
Why it denied Michigan applicants
Where in Michigan
Counties with the most Extra applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Macomb County | 74 | 39 | 20 | 27.0% |
| Wayne County | 17 | 5 | 5 | 29.4% |
| Oakland County | 14 | 3 | 7 | 50.0% |
| Genesee County | 3 | 3 | 0 | 0.0% |
| Lapeer County | 3 | 2 | 0 | 0.0% |
| Sanilac County | 2 | 2 | 0 | 0.0% |
| St. Clair County | 2 | 1 | 0 | 0.0% |
| Ogemaw County | 1 | 0 | 0 | 0.0% |
| Gladwin County | 1 | 1 | 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: 117 applications in 2025, of which 56 were originated and 32 denied.
27.4% of all applications, or 36.0% of the applications it actually decided on. The Michigan statewide average across all lenders was 18.5%.
The median rate on loans Extra originated in Michigan in 2025 was 7.25%, against a statewide median of 6.75%.
About this data. Figures are Extra'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