Ice Lender Holdings · Michigan · 2025

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

Ice Lender Holdings took 40 mortgage applications in Michigan in 2025, ranking #365 of 973 lenders active in the state. It originated 20.0% of them and denied 20.0% (50.0% of the applications it decided), against a statewide denial rate of 18.5%.

40Applicationsin MI
50.0%Decision denial ratestate 22.6%
7.88%Median ratestate 6.75%
$195,000Median loanstate $155,000
$2.0MVolume7 counties

Ice Lender Holdings in Michigan vs the state

20.0%Denial rate+1.48 pts vs state
50.0%Decision denial rate+27.42 pts vs state
20.0%Origination rate-39.89 pts vs state
7.88%Median rate+1.13 pts vs state
Rate spread (pts)
Median applicant income
8Loans originated
8Denied

Trend in Michigan

YearApplicationsOriginatedDenial rateMedian rateRank in state
202319168.4%13.00%#430
202419242.1%7.75%#433
202540820.0%7.88%#365

What Ice Lender Holdings lends in Michigan

By loan purpose

Home purchase 25 63% · 24.0% denied
Refinance 2 5% · 0.0% denied
Cash-out refinance 13 33% · 15.4% denied

By loan type

Conventional 40 100% · 20.0% denied

Why it denied Michigan applicants

Collateral 5 63%
Other 2 25%
Credit history 1 13%

Where in Michigan

Counties with the most Ice Lender Holdings applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Wayne County 2556 24.0%
Oakland County 730 0.0%
Macomb County 300 0.0%
St. Clair County 101 100.0%
Kent County 101 100.0%
Kalamazoo County 100 0.0%
Jackson County 100 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: 40 applications in 2025, of which 8 were originated and 8 denied.

20.0% of all applications, or 50.0% of the applications it actually decided on. The Michigan statewide average across all lenders was 18.5%.

The median rate on loans Ice Lender Holdings originated in Michigan in 2025 was 7.88%, against a statewide median of 6.75%.

About this data. Figures are Ice Lender 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