JPMorgan Chase Bank in Michigan vs the state
11.0%Denial rate-7.51 pts vs state
15.0%Decision denial rate-7.56 pts vs state
60.9%Origination rate+0.97 pts vs state
6.63%Median rate-0.13 pts vs state
0.18Rate spread (pts)-0.22 pts vs state
$104kMedian applicant income
2,995Loans originated
542Denied
Trend in Michigan
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 3,490 | 2,270 | 10.5% | 6.75% | #19 |
| 2024 | 3,973 | 2,422 | 10.5% | 6.75% | #19 |
| 2025 | 4,921 | 2,995 | 11.0% | 6.63% | #13 |
What JPMorgan Chase Bank lends in Michigan
By loan purpose
By loan type
Why it denied Michigan applicants
Where in Michigan
Counties with the most JPMorgan Chase Bank applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Oakland County | 1,124 | 698 | 97 | 8.6% |
| Wayne County | 951 | 552 | 132 | 13.9% |
| Macomb County | 512 | 292 | 59 | 11.5% |
| Kent County | 298 | 179 | 36 | 12.1% |
| Washtenaw County | 226 | 150 | 22 | 9.7% |
| Genesee County | 184 | 113 | 25 | 13.6% |
| Ottawa County | 130 | 99 | 12 | 9.2% |
| Livingston County | 119 | 83 | 8 | 6.7% |
| St. Clair County | 109 | 67 | 13 | 11.9% |
| Berrien County | 101 | 57 | 9 | 8.9% |
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: 4,921 applications in 2025, of which 2,995 were originated and 542 denied.
11.0% of all applications, or 15.0% of the applications it actually decided on. The Michigan statewide average across all lenders was 18.5%.
The median rate on loans JPMorgan Chase Bank originated in Michigan in 2025 was 6.63%, against a statewide median of 6.75%.
About this data. Figures are JPMorgan Chase 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