Kiavi Funding in Michigan vs the state
8.0%Denial rate-10.48 pts vs state
12.4%Decision denial rate-10.18 pts vs state
55.6%Origination rate-4.27 pts vs state
9.50%Median rate+2.75 pts vs state
—Rate spread (pts)
—Median applicant income
1,128Loans originated
163Denied
Trend in Michigan
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 1,111 | 684 | 15.6% | 10.95% | #64 |
| 2024 | 1,454 | 997 | 9.9% | 10.75% | #55 |
| 2025 | 2,028 | 1,128 | 8.0% | 9.50% | #46 |
What Kiavi Funding lends in Michigan
By loan purpose
By loan type
Why it denied Michigan applicants
Where in Michigan
Counties with the most Kiavi Funding applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Wayne County | 1,259 | 675 | 99 | 7.9% |
| Oakland County | 163 | 100 | 13 | 8.0% |
| Macomb County | 87 | 48 | 5 | 5.7% |
| Kent County | 80 | 54 | 11 | 13.8% |
| Genesee County | 76 | 52 | 3 | 3.9% |
| Ingham County | 42 | 8 | 2 | 4.8% |
| Kalamazoo County | 42 | 27 | 4 | 9.5% |
| Muskegon County | 30 | 20 | 3 | 10.0% |
| Calhoun County | 27 | 11 | 2 | 7.4% |
| Berrien County | 25 | 9 | 6 | 24.0% |
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: 2,028 applications in 2025, of which 1,128 were originated and 163 denied.
8.0% of all applications, or 12.4% of the applications it actually decided on. The Michigan statewide average across all lenders was 18.5%.
The median rate on loans Kiavi Funding originated in Michigan in 2025 was 9.50%, against a statewide median of 6.75%.
About this data. Figures are Kiavi Funding'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