Gvc Mortgage · Michigan · 2025

Gvc Mortgage in Michigan: approval rate, denial rate and rates (2025)

Gvc Mortgage took 758 mortgage applications in Michigan in 2025, ranking #98 of 973 lenders active in the state. It originated 73.8% of them and denied 2.6% (3.4% of the applications it decided), against a statewide denial rate of 18.5%.

758Applicationsin MI
3.4%Decision denial ratestate 22.6%
6.63%Median ratestate 6.75%
$185,000Median loanstate $155,000
$120MVolume45 counties

Gvc Mortgage in Michigan vs the state

2.6%Denial rate-15.88 pts vs state
3.4%Decision denial rate-19.16 pts vs state
73.8%Origination rate+13.86 pts vs state
6.63%Median rate-0.13 pts vs state
0.67Rate spread (pts)+0.27 pts vs state
$75kMedian applicant income
559Loans originated
20Denied

Trend in Michigan

YearApplicationsOriginatedDenial rateMedian rateRank in state
20235284203.4%7.10%#104
20246064802.2%6.88%#101
20257585592.6%6.63%#98

What Gvc Mortgage lends in Michigan

By loan purpose

Home purchase 694 92% · 2.6% denied
Refinance 32 4% · 0.0% denied
Cash-out refinance 32 4% · 6.3% denied

By loan type

Conventional 436 58% · 2.1% denied
FHA 245 32% · 4.5% denied
VA 30 4% · 0.0% denied
USDA / RHS 47 6% · 0.0% denied

Why it denied Michigan applicants

Debt-to-income ratio 5 25%
Employment history 4 20%
Credit history 4 20%
Collateral 3 15%
Insufficient cash 3 15%
Other 1 5%

Where in Michigan

Counties with the most Gvc Mortgage applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Lenawee County 1891372 1.1%
Kalamazoo County 123932 1.6%
Calhoun County 92653 3.3%
Van Buren County 47400 0.0%
Branch County 44333 6.8%
Monroe County 26190 0.0%
Allegan County 25201 4.0%
Hillsdale County 23152 8.7%
St. Joseph County 22170 0.0%
Jackson County 21133 14.3%

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: 758 applications in 2025, of which 559 were originated and 20 denied.

2.6% of all applications, or 3.4% of the applications it actually decided on. The Michigan statewide average across all lenders was 18.5%.

The median rate on loans Gvc Mortgage originated in Michigan in 2025 was 6.63%, against a statewide median of 6.75%.

About this data. Figures are Gvc Mortgage'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