Guidance Residential in Michigan vs the state
3.1%Denial rate-15.44 pts vs state
4.6%Decision denial rate-18.03 pts vs state
59.9%Origination rate+0.02 pts vs state
6.88%Median rate+0.13 pts vs state
0.44Rate spread (pts)+0.04 pts vs state
$105kMedian applicant income
136Loans originated
7Denied
Trend in Michigan
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 97 | 63 | 6.2% | 7.00% | #270 |
| 2024 | 167 | 99 | 3.0% | 7.13% | #213 |
| 2025 | 227 | 136 | 3.1% | 6.88% | #196 |
What Guidance Residential lends in Michigan
By loan purpose
By loan type
Why it denied Michigan applicants
Where in Michigan
Counties with the most Guidance Residential applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Wayne County | 98 | 58 | 3 | 3.1% |
| Macomb County | 51 | 33 | 2 | 3.9% |
| Oakland County | 46 | 24 | 0 | 0.0% |
| Washtenaw County | 12 | 8 | 1 | 8.3% |
| Genesee County | 6 | 3 | 0 | 0.0% |
| Ingham County | 4 | 3 | 0 | 0.0% |
| Kalamazoo County | 3 | 3 | 0 | 0.0% |
| Branch County | 2 | 2 | 0 | 0.0% |
| Eaton County | 1 | 0 | 1 | 100.0% |
| Roscommon 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: 227 applications in 2025, of which 136 were originated and 7 denied.
3.1% of all applications, or 4.6% of the applications it actually decided on. The Michigan statewide average across all lenders was 18.5%.
The median rate on loans Guidance Residential originated in Michigan in 2025 was 6.88%, against a statewide median of 6.75%.
About this data. Figures are Guidance Residential'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