Freedom Mortgage in Michigan vs the state
9.7%Denial rate-8.85 pts vs state
16.3%Decision denial rate-6.25 pts vs state
41.6%Origination rate-18.27 pts vs state
6.25%Median rate-0.50 pts vs state
0.20Rate spread (pts)-0.20 pts vs state
$82kMedian applicant income
1,463Loans originated
340Denied
Trend in Michigan
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 1,123 | 443 | 17.6% | 6.75% | #63 |
| 2024 | 2,454 | 1,000 | 12.9% | 6.38% | #35 |
| 2025 | 3,515 | 1,463 | 9.7% | 6.25% | #24 |
What Freedom Mortgage lends in Michigan
By loan purpose
By loan type
Why it denied Michigan applicants
Where in Michigan
Counties with the most Freedom Mortgage applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Wayne County | 521 | 197 | 65 | 12.5% |
| Oakland County | 348 | 131 | 28 | 8.0% |
| Macomb County | 307 | 140 | 26 | 8.5% |
| Kent County | 218 | 84 | 23 | 10.6% |
| Genesee County | 192 | 80 | 14 | 7.3% |
| Muskegon County | 105 | 44 | 6 | 5.7% |
| Kalamazoo County | 93 | 46 | 7 | 7.5% |
| Ottawa County | 93 | 36 | 8 | 8.6% |
| Monroe County | 87 | 38 | 5 | 5.7% |
| Jackson County | 78 | 41 | 8 | 10.3% |
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: 3,515 applications in 2025, of which 1,463 were originated and 340 denied.
9.7% of all applications, or 16.3% of the applications it actually decided on. The Michigan statewide average across all lenders was 18.5%.
The median rate on loans Freedom Mortgage originated in Michigan in 2025 was 6.25%, against a statewide median of 6.75%.
About this data. Figures are Freedom 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