Homebridge Financial Services · Michigan · 2025

Homebridge Financial Services in Michigan: approval rate, denial rate and rates (2025)

Homebridge Financial Services took 400 mortgage applications in Michigan in 2025, ranking #147 of 973 lenders active in the state. It originated 69.3% of them and denied 16.3% (18.5% of the applications it decided), against a statewide denial rate of 18.5%.

400Applicationsin MI
18.5%Decision denial ratestate 22.6%
10.37%Median ratestate 6.75%
$105,000Median loanstate $155,000
$36MVolume56 counties

Homebridge Financial Services in Michigan vs the state

16.3%Denial rate-2.27 pts vs state
18.5%Decision denial rate-4.11 pts vs state
69.3%Origination rate+9.36 pts vs state
10.37%Median rate+3.62 pts vs state
0.26Rate spread (pts)-0.14 pts vs state
$96kMedian applicant income
277Loans originated
65Denied

Trend in Michigan

YearApplicationsOriginatedDenial rateMedian rateRank in state
202332616230.4%11.58%#141
202426313627.0%11.74%#179
202540027716.3%10.37%#147

What Homebridge Financial Services lends in Michigan

By loan purpose

Home purchase 39 10% · 33.3% denied
Refinance 30 8% · 53.3% denied
Cash-out refinance 10 3% · 70.0% denied
Home improvement 65 16% · 6.2% denied
Other / HELOC 256 64% · 9.8% denied

By loan type

Conventional 366 92% · 13.1% denied
FHA 16 4% · 62.5% denied
VA 17 4% · 35.3% denied
USDA / RHS 1 0% · 100.0% denied

Why it denied Michigan applicants

Unverifiable information 23 35%
Collateral 16 25%
Debt-to-income ratio 11 17%
Credit history 8 12%
Insufficient cash 5 8%
Incomplete application 1 2%
Other 1 2%

Where in Michigan

Counties with the most Homebridge Financial Services applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Oakland County 744810 13.5%
Wayne County 533413 24.5%
Macomb County 38237 18.4%
Kent County 23144 17.4%
Muskegon County 18160 0.0%
Genesee County 16122 12.5%
Ottawa County 1382 15.4%
Kalamazoo County 1282 16.7%
Livingston County 12111 8.3%
Washtenaw County 1182 18.2%

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: 400 applications in 2025, of which 277 were originated and 65 denied.

16.3% of all applications, or 18.5% of the applications it actually decided on. The Michigan statewide average across all lenders was 18.5%.

The median rate on loans Homebridge Financial Services originated in Michigan in 2025 was 10.37%, against a statewide median of 6.75%.

About this data. Figures are Homebridge Financial Services'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