GoodLeap in Michigan vs the state
23.0%Denial rate+4.44 pts vs state
27.0%Decision denial rate+4.44 pts vs state
46.6%Origination rate-13.32 pts vs state
6.63%Median rate-0.13 pts vs state
0.50Rate spread (pts)+0.10 pts vs state
$62kMedian applicant income
217Loans originated
107Denied
Trend in Michigan
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 101 | 41 | 31.7% | 5.99% | #265 |
| 2024 | 282 | 134 | 20.6% | 5.75% | #173 |
| 2025 | 466 | 217 | 23.0% | 6.63% | #134 |
What GoodLeap lends in Michigan
By loan purpose
By loan type
Why it denied Michigan applicants
Where in Michigan
Counties with the most GoodLeap applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Wayne County | 84 | 37 | 19 | 22.6% |
| Genesee County | 42 | 18 | 11 | 26.2% |
| Oakland County | 37 | 21 | 9 | 24.3% |
| Macomb County | 32 | 19 | 6 | 18.8% |
| Muskegon County | 22 | 8 | 3 | 13.6% |
| Berrien County | 21 | 9 | 5 | 23.8% |
| Ingham County | 19 | 10 | 3 | 15.8% |
| Kent County | 18 | 6 | 7 | 38.9% |
| Shiawassee County | 14 | 6 | 1 | 7.1% |
| Midland County | 13 | 10 | 1 | 7.7% |
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: 466 applications in 2025, of which 217 were originated and 107 denied.
23.0% of all applications, or 27.0% of the applications it actually decided on. The Michigan statewide average across all lenders was 18.5%.
The median rate on loans GoodLeap originated in Michigan in 2025 was 6.63%, against a statewide median of 6.75%.
About this data. Figures are GoodLeap'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