Inspire Home Loans in Michigan vs the state
5.9%Denial rate-12.64 pts vs state
8.1%Decision denial rate-14.52 pts vs state
60.0%Origination rate+0.11 pts vs state
6.38%Median rate-0.38 pts vs state
0.26Rate spread (pts)-0.14 pts vs state
$123kMedian applicant income
51Loans originated
5Denied
Trend in Michigan
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 208 | 128 | 9.1% | 5.88% | #174 |
| 2024 | 187 | 97 | 13.4% | 5.88% | #198 |
| 2025 | 85 | 51 | 5.9% | 6.38% | #286 |
What Inspire Home Loans lends in Michigan
By loan purpose
By loan type
Why it denied Michigan applicants
Where in Michigan
Counties with the most Inspire Home Loans applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Monroe County | 30 | 16 | 3 | 10.0% |
| Washtenaw County | 19 | 13 | 1 | 5.3% |
| Wayne County | 15 | 8 | 1 | 6.7% |
| Kent County | 13 | 8 | 0 | 0.0% |
| Genesee County | 4 | 4 | 0 | 0.0% |
| Berrien County | 4 | 2 | 0 | 0.0% |
Other large lenders in Michigan
| Lender | Grade | Applications | Denial rate | Median rate |
|---|---|---|---|---|
| Rocket Mortgage | C | 30,644 | 16.3% | 6.75% |
| United Shore Financial Services | B | 29,330 | 11.7% | 6.60% |
| The Huntington National Bank | D | 20,047 | 30.0% | 7.49% |
| Lake Michigan Credit Union | A | 16,662 | 5.6% | 6.75% |
| Fifth Third Bank | D | 11,176 | 26.4% | 7.50% |
| 21st Mortgage | F | 7,424 | 53.4% | 11.04% |
| Citizens Bank | C | 6,592 | 29.0% | 7.65% |
| Triad Financial Services | D | 6,426 | 56.1% | 8.49% |
| Union Home Mortgage | B | 5,303 | 4.3% | 6.75% |
| PNC Bank | D | 5,161 | 26.3% | 7.36% |
Frequently asked questions
Michigan: 85 applications in 2025, of which 51 were originated and 5 denied.
5.9% of all applications, or 8.1% of the applications it actually decided on. The Michigan statewide average across all lenders was 18.5%.
The median rate on loans Inspire Home Loans originated in Michigan in 2025 was 6.38%, against a statewide median of 6.75%.
About this data. Figures are Inspire Home Loans'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