Goldman Sachs Bank USA in Michigan vs the state
25.8%Denial rate+7.29 pts vs state
32.0%Decision denial rate+9.42 pts vs state
54.8%Origination rate-5.05 pts vs state
5.50%Median rate-1.25 pts vs state
-0.08Rate spread (pts)-0.48 pts vs state
$550kMedian applicant income
17Loans originated
8Denied
Trend in Michigan
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 9 | 6 | 11.1% | 6.28% | #519 |
| 2024 | 30 | 14 | 23.3% | 6.30% | #386 |
| 2025 | 31 | 17 | 25.8% | 5.50% | #382 |
What Goldman Sachs Bank USA lends in Michigan
By loan purpose
By loan type
Why it denied Michigan applicants
Where in Michigan
Counties with the most Goldman Sachs Bank USA applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Oakland County | 8 | 6 | 2 | 25.0% |
| Ottawa County | 5 | 2 | 2 | 40.0% |
| Grand Traverse County | 2 | 2 | 0 | 0.0% |
| Antrim County | 2 | 2 | 0 | 0.0% |
| Macomb County | 2 | 0 | 2 | 100.0% |
| Wayne County | 2 | 0 | 0 | 0.0% |
| Livingston County | 1 | 0 | 1 | 100.0% |
| Emmet County | 1 | 1 | 0 | 0.0% |
| Benzie County | 1 | 1 | 0 | 0.0% |
| Ingham County | 1 | 0 | 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: 31 applications in 2025, of which 17 were originated and 8 denied.
25.8% of all applications, or 32.0% of the applications it actually decided on. The Michigan statewide average across all lenders was 18.5%.
The median rate on loans Goldman Sachs Bank USA originated in Michigan in 2025 was 5.50%, against a statewide median of 6.75%.
About this data. Figures are Goldman Sachs Bank USA'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