Griffin Funding · Michigan · 2025

Griffin Funding in Michigan: approval rate, denial rate and rates (2025)

Griffin Funding took 13 mortgage applications in Michigan in 2025, ranking #489 of 973 lenders active in the state. It originated 61.5% of them and denied 23.1% (27.3% of the applications it decided), against a statewide denial rate of 18.5%.

13Applicationsin MI
27.3%Decision denial ratestate 22.6%
7.25%Median ratestate 6.75%
$225,000Median loanstate $155,000
$1.8MVolume8 counties

Griffin Funding in Michigan vs the state

23.1%Denial rate+4.56 pts vs state
27.3%Decision denial rate+4.69 pts vs state
61.5%Origination rate+1.65 pts vs state
7.25%Median rate+0.50 pts vs state
1.04Rate spread (pts)+0.64 pts vs state
$128kMedian applicant income
8Loans originated
3Denied

What Griffin Funding lends in Michigan

By loan purpose

Home purchase 4 31% · 0.0% denied
Refinance 4 31% · 25.0% denied
Cash-out refinance 5 38% · 40.0% denied

By loan type

Conventional 10 77% · 30.0% denied
FHA 2 15% · 0.0% denied
VA 1 8% · 0.0% denied

Why it denied Michigan applicants

Collateral 3 100%

Where in Michigan

Counties with the most Griffin Funding applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Wayne County 412 50.0%
Oakland County 220 0.0%
Macomb County 220 0.0%
Jackson County 101 100.0%
Midland County 110 0.0%
Leelanau County 100 0.0%
Wexford County 110 0.0%
Genesee County 110 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: 13 applications in 2025, of which 8 were originated and 3 denied.

23.1% of all applications, or 27.3% of the applications it actually decided on. The Michigan statewide average across all lenders was 18.5%.

The median rate on loans Griffin Funding originated in Michigan in 2025 was 7.25%, against a statewide median of 6.75%.

About this data. Figures are Griffin Funding'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