First Federal Bank in Michigan vs the state
18.9%Denial rate+0.35 pts vs state
28.6%Decision denial rate+5.99 pts vs state
46.2%Origination rate-13.66 pts vs state
6.25%Median rate-0.50 pts vs state
-0.14Rate spread (pts)-0.54 pts vs state
$126kMedian applicant income
49Loans originated
20Denied
Trend in Michigan
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 27 | 17 | 7.4% | 6.50% | #391 |
| 2024 | 74 | 39 | 9.5% | 6.00% | #301 |
| 2025 | 106 | 49 | 18.9% | 6.25% | #266 |
What First Federal Bank lends in Michigan
By loan purpose
By loan type
Why it denied Michigan applicants
Where in Michigan
Counties with the most First Federal Bank applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Oakland County | 23 | 11 | 4 | 17.4% |
| Wayne County | 12 | 4 | 6 | 50.0% |
| Kent County | 7 | 3 | 2 | 28.6% |
| Ottawa County | 6 | 3 | 0 | 0.0% |
| Genesee County | 6 | 3 | 1 | 16.7% |
| Macomb County | 5 | 3 | 1 | 20.0% |
| Allegan County | 4 | 3 | 0 | 0.0% |
| Eaton County | 4 | 2 | 1 | 25.0% |
| Ingham County | 4 | 2 | 0 | 0.0% |
| Mecosta County | 4 | 3 | 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: 106 applications in 2025, of which 49 were originated and 20 denied.
18.9% of all applications, or 28.6% of the applications it actually decided on. The Michigan statewide average across all lenders was 18.5%.
The median rate on loans First Federal Bank originated in Michigan in 2025 was 6.25%, against a statewide median of 6.75%.
About this data. Figures are First Federal Bank'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