First Community Mortgage · Michigan · 2025

First Community Mortgage in Michigan: approval rate, denial rate and rates (2025)

First Community Mortgage took 890 mortgage applications in Michigan in 2025, ranking #82 of 973 lenders active in the state. It originated 78.2% of them and denied 4.8% (5.4% of the applications it decided), against a statewide denial rate of 18.5%.

890Applicationsin MI
5.4%Decision denial ratestate 22.6%
6.63%Median ratestate 6.75%
$235,000Median loanstate $155,000
$185MVolume60 counties

First Community Mortgage in Michigan vs the state

4.8%Denial rate-13.69 pts vs state
5.4%Decision denial rate-17.23 pts vs state
78.2%Origination rate+18.31 pts vs state
6.63%Median rate-0.13 pts vs state
0.45Rate spread (pts)+0.05 pts vs state
$86kMedian applicant income
696Loans originated
43Denied

Trend in Michigan

YearApplicationsOriginatedDenial rateMedian rateRank in state
20239127423.0%6.88%#76
20241,2669804.1%6.75%#61
20258906964.8%6.63%#82

What First Community Mortgage lends in Michigan

By loan purpose

Home purchase 758 85% · 3.3% denied
Refinance 90 10% · 10.0% denied
Cash-out refinance 42 5% · 21.4% denied

By loan type

Conventional 625 70% · 4.0% denied
FHA 194 22% · 7.2% denied
VA 62 7% · 6.5% denied
USDA / RHS 9 1% · 0.0% denied

Why it denied Michigan applicants

Debt-to-income ratio 13 30%
Collateral 12 28%
Credit history 8 19%
Incomplete application 6 14%
Other 2 5%
Unverifiable information 1 2%
Insufficient cash 1 2%

Where in Michigan

Counties with the most First Community Mortgage applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Macomb County 122988 6.6%
Oakland County 119945 4.2%
Kent County 82642 2.4%
Midland County 72601 1.4%
Wayne County 66501 1.5%
Kalamazoo County 47317 14.9%
Ottawa County 34271 2.9%
Saginaw County 28200 0.0%
Allegan County 23180 0.0%
Montcalm County 22130 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: 890 applications in 2025, of which 696 were originated and 43 denied.

4.8% of all applications, or 5.4% of the applications it actually decided on. The Michigan statewide average across all lenders was 18.5%.

The median rate on loans First Community Mortgage originated in Michigan in 2025 was 6.63%, against a statewide median of 6.75%.

About this data. Figures are First Community 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