First National Bank of America in Michigan vs the state
15.8%Denial rate-2.69 pts vs state
19.1%Decision denial rate-3.45 pts vs state
63.3%Origination rate+3.42 pts vs state
8.93%Median rate+2.18 pts vs state
3.72Rate spread (pts)+3.32 pts vs state
$80kMedian applicant income
88Loans originated
22Denied
Trend in Michigan
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 121 | 65 | 22.3% | 9.63% | #244 |
| 2024 | 165 | 92 | 21.2% | 9.06% | #216 |
| 2025 | 139 | 88 | 15.8% | 8.93% | #242 |
What First National Bank of America lends in Michigan
By loan purpose
By loan type
Why it denied Michigan applicants
Where in Michigan
Counties with the most First National Bank of America applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Ingham County | 18 | 8 | 5 | 27.8% |
| Kent County | 14 | 11 | 1 | 7.1% |
| Oakland County | 12 | 10 | 2 | 16.7% |
| Eaton County | 9 | 5 | 0 | 0.0% |
| Kalamazoo County | 6 | 4 | 2 | 33.3% |
| Ionia County | 5 | 2 | 1 | 20.0% |
| Wayne County | 5 | 2 | 2 | 40.0% |
| Van Buren County | 4 | 4 | 0 | 0.0% |
| Muskegon County | 4 | 2 | 1 | 25.0% |
| Arenac 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: 139 applications in 2025, of which 88 were originated and 22 denied.
15.8% of all applications, or 19.1% of the applications it actually decided on. The Michigan statewide average across all lenders was 18.5%.
The median rate on loans First National Bank of America originated in Michigan in 2025 was 8.93%, against a statewide median of 6.75%.
About this data. Figures are First National Bank of America'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