Highlands Residential Mortgage · Michigan · 2025

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

Highlands Residential Mortgage took 166 mortgage applications in Michigan in 2025, ranking #228 of 973 lenders active in the state. It originated 74.1% of them and denied 2.4% (3.1% of the applications it decided), against a statewide denial rate of 18.5%.

166Applicationsin MI
3.1%Decision denial ratestate 22.6%
6.75%Median ratestate 6.75%
$255,000Median loanstate $155,000
$37MVolume21 counties

Highlands Residential Mortgage in Michigan vs the state

2.4%Denial rate-16.11 pts vs state
3.1%Decision denial rate-19.53 pts vs state
74.1%Origination rate+14.21 pts vs state
6.75%Median rate0.00 pts vs state
0.46Rate spread (pts)+0.06 pts vs state
$104kMedian applicant income
123Loans originated
4Denied

Trend in Michigan

YearApplicationsOriginatedDenial rateMedian rateRank in state
20232041593.4%6.99%#177
20241601270.6%6.99%#221
20251661232.4%6.75%#228

What Highlands Residential Mortgage lends in Michigan

By loan purpose

Home purchase 118 71% · 3.4% denied
Refinance 24 14% · 0.0% denied
Cash-out refinance 24 14% · 0.0% denied

By loan type

Conventional 121 73% · 2.5% denied
FHA 29 17% · 0.0% denied
VA 8 5% · 0.0% denied
USDA / RHS 8 5% · 12.5% denied

Why it denied Michigan applicants

Collateral 1 25%
Other 1 25%
Debt-to-income ratio 1 25%
Employment history 1 25%

Where in Michigan

Counties with the most Highlands Residential Mortgage applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Livingston County 58460 0.0%
Wayne County 25170 0.0%
Oakland County 23180 0.0%
Washtenaw County 1180 0.0%
Genesee County 11101 9.1%
Ingham County 860 0.0%
Shiawassee County 640 0.0%
Monroe County 522 40.0%
Jackson County 320 0.0%
Macomb County 210 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: 166 applications in 2025, of which 123 were originated and 4 denied.

2.4% of all applications, or 3.1% of the applications it actually decided on. The Michigan statewide average across all lenders was 18.5%.

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

About this data. Figures are Highlands Residential 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