Isabella Bank · Michigan · 2025

Isabella Bank in Michigan: approval rate, denial rate and rates (2025)

Isabella Bank took 1,051 mortgage applications in Michigan in 2025, ranking #71 of 973 lenders active in the state. It originated 74.0% of them and denied 14.4% (16.1% of the applications it decided), against a statewide denial rate of 18.5%.

1.1kApplicationsin MI
16.1%Decision denial ratestate 22.6%
6.38%Median ratestate 6.75%
$135,000Median loanstate $155,000
$172MVolume51 counties

Isabella Bank in Michigan vs the state

14.4%Denial rate-4.15 pts vs state
16.1%Decision denial rate-6.46 pts vs state
74.0%Origination rate+14.13 pts vs state
6.38%Median rate-0.38 pts vs state
0.14Rate spread (pts)-0.26 pts vs state
$94kMedian applicant income
778Loans originated
151Denied

Trend in Michigan

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231,00374014.4%6.38%#71
202495666215.8%6.25%#74
20251,05177814.4%6.38%#71

What Isabella Bank lends in Michigan

By loan purpose

Home purchase 474 45% · 11.2% denied
Refinance 211 20% · 12.8% denied
Cash-out refinance 20 2% · 0.0% denied
Home improvement 209 20% · 18.2% denied
Other / HELOC 137 13% · 24.1% denied

By loan type

Conventional 1,049 100% · 14.3% denied
USDA / RHS 2 0% · 50.0% denied

Why it denied Michigan applicants

Debt-to-income ratio 73 48%
Credit history 51 34%
Collateral 16 11%
Other 8 5%
Employment history 3 2%

Where in Michigan

Counties with the most Isabella Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Isabella County 29622036 12.2%
Saginaw County 1298425 19.4%
Midland County 1178615 12.8%
Mecosta County 1169219 16.4%
Montcalm County 917313 14.3%
Clare County 855721 24.7%
Gratiot County 60475 8.3%
Bay County 26213 11.5%
Kent County 24193 12.5%
Gladwin County 1373 23.1%

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: 1,051 applications in 2025, of which 778 were originated and 151 denied.

14.4% of all applications, or 16.1% of the applications it actually decided on. The Michigan statewide average across all lenders was 18.5%.

The median rate on loans Isabella Bank originated in Michigan in 2025 was 6.38%, against a statewide median of 6.75%.

About this data. Figures are Isabella Bank'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