Geneva Financial · Michigan · 2025

Geneva Financial in Michigan: approval rate, denial rate and rates (2025)

Geneva Financial took 132 mortgage applications in Michigan in 2025, ranking #245 of 973 lenders active in the state. It originated 73.5% of them and denied 3.8% (4.9% of the applications it decided), against a statewide denial rate of 18.5%.

132Applicationsin MI
4.9%Decision denial ratestate 22.6%
6.75%Median ratestate 6.75%
$165,000Median loanstate $155,000
$18MVolume28 counties

Geneva Financial in Michigan vs the state

3.8%Denial rate-14.73 pts vs state
4.9%Decision denial rate-17.68 pts vs state
73.5%Origination rate+13.59 pts vs state
6.75%Median rate0.00 pts vs state
0.60Rate spread (pts)+0.20 pts vs state
$73kMedian applicant income
97Loans originated
5Denied

Trend in Michigan

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023127990.8%7.00%#240
20241411041.4%7.00%#233
2025132973.8%6.75%#245

What Geneva Financial lends in Michigan

By loan purpose

Home purchase 100 76% · 4.0% denied
Refinance 6 5% · 0.0% denied
Cash-out refinance 25 19% · 4.0% denied
Other / HELOC 1 1% · 0.0% denied

By loan type

Conventional 88 67% · 2.3% denied
FHA 36 27% · 5.6% denied
VA 5 4% · 0.0% denied
USDA / RHS 3 2% · 33.3% denied

Why it denied Michigan applicants

Other 2 40%
Collateral 1 20%
Debt-to-income ratio 1 20%
Unverifiable information 1 20%

Where in Michigan

Counties with the most Geneva Financial applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Wayne County 36243 8.3%
Midland County 14130 0.0%
Bay County 1190 0.0%
Saginaw County 11100 0.0%
Macomb County 640 0.0%
Eaton County 640 0.0%
Monroe County 631 16.7%
Isabella County 440 0.0%
Gladwin County 440 0.0%
Oakland County 420 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: 132 applications in 2025, of which 97 were originated and 5 denied.

3.8% of all applications, or 4.9% of the applications it actually decided on. The Michigan statewide average across all lenders was 18.5%.

The median rate on loans Geneva Financial originated in Michigan in 2025 was 6.75%, against a statewide median of 6.75%.

About this data. Figures are Geneva Financial'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