Guaranteed Rate Affinity · Michigan · 2025

Guaranteed Rate Affinity in Michigan: approval rate, denial rate and rates (2025)

Guaranteed Rate Affinity took 148 mortgage applications in Michigan in 2025, ranking #238 of 973 lenders active in the state. It originated 61.5% of them and denied 5.4% (8.1% of the applications it decided), against a statewide denial rate of 18.5%.

148Applicationsin MI
8.1%Decision denial ratestate 22.6%
6.49%Median ratestate 6.75%
$285,000Median loanstate $155,000
$32MVolume36 counties

Guaranteed Rate Affinity in Michigan vs the state

5.4%Denial rate-13.11 pts vs state
8.1%Decision denial rate-14.50 pts vs state
61.5%Origination rate+1.60 pts vs state
6.49%Median rate-0.26 pts vs state
0.11Rate spread (pts)-0.29 pts vs state
$124kMedian applicant income
91Loans originated
8Denied

Trend in Michigan

YearApplicationsOriginatedDenial rateMedian rateRank in state
202398727.1%6.88%#268
2024109820.0%6.85%#258
2025148915.4%6.49%#238

What Guaranteed Rate Affinity lends in Michigan

By loan purpose

Home purchase 98 66% · 7.1% denied
Refinance 38 26% · 2.6% denied
Cash-out refinance 12 8% · 0.0% denied

By loan type

Conventional 115 78% · 2.6% denied
FHA 25 17% · 20.0% denied
VA 8 5% · 0.0% denied

Why it denied Michigan applicants

Debt-to-income ratio 3 38%
Collateral 2 25%
Unverifiable information 1 13%
Other 1 13%
Credit history 1 13%

Where in Michigan

Counties with the most Guaranteed Rate Affinity applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Oakland County 32221 3.1%
Wayne County 20121 5.0%
Berrien County 16100 0.0%
Kent County 1291 8.3%
Genesee County 1060 0.0%
Ingham County 961 11.1%
Jackson County 530 0.0%
Washtenaw County 530 0.0%
Van Buren County 312 66.7%
Clinton County 310 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: 148 applications in 2025, of which 91 were originated and 8 denied.

5.4% of all applications, or 8.1% of the applications it actually decided on. The Michigan statewide average across all lenders was 18.5%.

The median rate on loans Guaranteed Rate Affinity originated in Michigan in 2025 was 6.49%, against a statewide median of 6.75%.

About this data. Figures are Guaranteed Rate Affinity'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