Fay Servicing in Michigan vs the state
41.7%Denial rate+23.15 pts vs state
62.5%Decision denial rate+39.92 pts vs state
25.0%Origination rate-34.89 pts vs state
6.75%Median rate0.00 pts vs state
1.08Rate spread (pts)+0.68 pts vs state
$63kMedian applicant income
3Loans originated
5Denied
What Fay Servicing lends in Michigan
By loan purpose
By loan type
Why it denied Michigan applicants
Where in Michigan
Counties with the most Fay Servicing applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Wayne County | 3 | 2 | 1 | 33.3% |
| Barry County | 1 | 0 | 1 | 100.0% |
| Ionia County | 1 | 1 | 0 | 0.0% |
| Genesee County | 1 | 0 | 0 | 0.0% |
| Kalamazoo County | 1 | 0 | 1 | 100.0% |
| Macomb County | 1 | 0 | 1 | 100.0% |
| Cheboygan County | 1 | 0 | 0 | 0.0% |
| Oakland County | 1 | 0 | 1 | 100.0% |
| Kent County | 1 | 0 | 0 | 0.0% |
| Clare 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: 12 applications in 2025, of which 3 were originated and 5 denied.
41.7% of all applications, or 62.5% of the applications it actually decided on. The Michigan statewide average across all lenders was 18.5%.
The median rate on loans Fay Servicing originated in Michigan in 2025 was 6.75%, against a statewide median of 6.75%.
About this data. Figures are Fay Servicing'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