Lakeview Loan Servicing · Michigan · 2025

Lakeview Loan Servicing in Michigan: approval rate, denial rate and rates (2025)

Lakeview Loan Servicing took 1,833 mortgage applications in Michigan in 2025, ranking #47 of 973 lenders active in the state. It originated 24.7% of them and denied 50.2% (58.0% of the applications it decided), against a statewide denial rate of 18.5%.

1.8kApplicationsin MI
58.0%Decision denial ratestate 22.6%
6.75%Median ratestate 6.75%
$215,000Median loanstate $155,000
$94MVolume75 counties

Lakeview Loan Servicing in Michigan vs the state

50.2%Denial rate+31.67 pts vs state
58.0%Decision denial rate+35.46 pts vs state
24.7%Origination rate-35.23 pts vs state
6.75%Median rate0.00 pts vs state
0.64Rate spread (pts)+0.24 pts vs state
$99kMedian applicant income
452Loans originated
920Denied

Trend in Michigan

YearApplicationsOriginatedDenial rateMedian rateRank in state
202351312454.4%6.25%#109
20241,17226151.2%6.63%#64
20251,83345250.2%6.75%#47

What Lakeview Loan Servicing lends in Michigan

By loan purpose

Home purchase 46 3% · 15.2% denied
Refinance 912 50% · 50.2% denied
Cash-out refinance 437 24% · 48.7% denied
Other / HELOC 438 24% · 55.3% denied

By loan type

Conventional 954 52% · 54.3% denied
FHA 713 39% · 48.0% denied
VA 166 9% · 36.1% denied

Why it denied Michigan applicants

Incomplete application 663 72%
Credit history 95 10%
Debt-to-income ratio 92 10%
Other 41 4%
Collateral 24 3%
Employment history 4 0%
Insufficient cash 1 0%

Where in Michigan

Counties with the most Lakeview Loan Servicing applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Wayne County 32453182 56.2%
Oakland County 28349159 56.2%
Macomb County 24066122 50.8%
Kent County 1163454 46.6%
Genesee County 682427 39.7%
Washtenaw County 481326 54.2%
Ingham County 471127 57.4%
Ottawa County 471222 46.8%
Livingston County 401811 27.5%
Monroe County 391016 41.0%

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: 1,833 applications in 2025, of which 452 were originated and 920 denied.

50.2% of all applications, or 58.0% of the applications it actually decided on. The Michigan statewide average across all lenders was 18.5%.

The median rate on loans Lakeview Loan Servicing originated in Michigan in 2025 was 6.75%, against a statewide median of 6.75%.

About this data. Figures are Lakeview Loan Servicing'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