Hfg Holdings · Michigan · 2025

Hfg Holdings in Michigan: approval rate, denial rate and rates (2025)

Hfg Holdings took 479 mortgage applications in Michigan in 2025, ranking #131 of 973 lenders active in the state. It originated 0.0% of them and denied 34.2% (99.4% of the applications it decided), against a statewide denial rate of 18.5%.

479Applicationsin MI
99.4%Decision denial ratestate 22.6%
Median ratestate 6.75%
$185,000Median loanstate $155,000
$0Volume52 counties

Hfg Holdings in Michigan vs the state

34.2%Denial rate+15.72 pts vs state
99.4%Decision denial rate+76.81 pts vs state
0.0%Origination rate-59.89 pts vs state
Median rate
Rate spread (pts)
$62kMedian applicant income
0Loans originated
164Denied

Trend in Michigan

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231,235027.6%#56
20241,049217.4%6.12%#71
2025479034.2%#131

What Hfg Holdings lends in Michigan

By loan purpose

Home purchase 259 54% · 31.7% denied
Refinance 64 13% · 25.0% denied
Cash-out refinance 156 33% · 42.3% denied

By loan type

Conventional 267 56% · 26.6% denied
FHA 201 42% · 44.8% denied
VA 11 2% · 27.3% denied

Why it denied Michigan applicants

Credit history 100 61%
Debt-to-income ratio 40 24%
Insufficient cash 9 5%
Collateral 6 4%
Employment history 5 3%
Unverifiable information 2 1%
Other 2 1%

Where in Michigan

Counties with the most Hfg Holdings applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Wayne County 122050 41.0%
Oakland County 79022 27.8%
Macomb County 52014 26.9%
Kent County 2207 31.8%
Washtenaw County 2006 30.0%
Genesee County 1907 36.8%
Ingham County 1303 23.1%
Saginaw County 1103 27.3%
Lapeer County 805 62.5%
St. Clair County 801 12.5%

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: 479 applications in 2025, of which 0 were originated and 164 denied.

34.2% of all applications, or 99.4% of the applications it actually decided on. The Michigan statewide average across all lenders was 18.5%.

This lender did not report interest rates on its originated loans (some institutions are exempt from HMDA pricing fields).

About this data. Figures are Hfg Holdings'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