Lendage in Michigan vs the state
11.7%Denial rate-6.80 pts vs state
12.6%Decision denial rate-9.97 pts vs state
73.5%Origination rate+13.63 pts vs state
11.00%Median rate+4.25 pts vs state
5.07Rate spread (pts)+4.68 pts vs state
$107kMedian applicant income
458Loans originated
73Denied
Trend in Michigan
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 281 | 187 | 17.1% | 13.75% | #154 |
| 2024 | 460 | 320 | 15.9% | 12.75% | #123 |
| 2025 | 623 | 458 | 11.7% | 11.00% | #111 |
What Lendage lends in Michigan
By loan purpose
By loan type
Why it denied Michigan applicants
Where in Michigan
Counties with the most Lendage applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Wayne County | 95 | 71 | 9 | 9.5% |
| Oakland County | 93 | 69 | 10 | 10.8% |
| Macomb County | 81 | 57 | 8 | 9.9% |
| Kent County | 42 | 31 | 4 | 9.5% |
| Genesee County | 28 | 23 | 1 | 3.6% |
| Ottawa County | 23 | 17 | 3 | 13.0% |
| Livingston County | 21 | 15 | 5 | 23.8% |
| St. Clair County | 20 | 15 | 2 | 10.0% |
| Muskegon County | 18 | 11 | 3 | 16.7% |
| Monroe County | 15 | 9 | 4 | 26.7% |
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: 623 applications in 2025, of which 458 were originated and 73 denied.
11.7% of all applications, or 12.6% of the applications it actually decided on. The Michigan statewide average across all lenders was 18.5%.
The median rate on loans Lendage originated in Michigan in 2025 was 11.00%, against a statewide median of 6.75%.
About this data. Figures are Lendage'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