Lument Real Estate Capital in Michigan vs the state
12.5%Denial rate-6.02 pts vs state
13.3%Decision denial rate-9.25 pts vs state
81.3%Origination rate+21.36 pts vs state
5.76%Median rate-0.99 pts vs state
—Rate spread (pts)
—Median applicant income
13Loans originated
2Denied
Trend in Michigan
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 15 | 11 | 6.7% | 0.06% | #463 |
| 2024 | 21 | 21 | 0.0% | 5.81% | #428 |
| 2025 | 16 | 13 | 12.5% | 5.76% | #463 |
What Lument Real Estate Capital lends in Michigan
By loan purpose
By loan type
Why it denied Michigan applicants
Where in Michigan
Counties with the most Lument Real Estate Capital applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Macomb County | 4 | 4 | 0 | 0.0% |
| Oakland County | 3 | 2 | 0 | 0.0% |
| Wayne County | 3 | 1 | 2 | 66.7% |
| Eaton County | 2 | 2 | 0 | 0.0% |
| Lapeer County | 1 | 1 | 0 | 0.0% |
| Calhoun County | 1 | 1 | 0 | 0.0% |
| Ottawa County | 1 | 1 | 0 | 0.0% |
| Kalamazoo County | 1 | 1 | 0 | 0.0% |
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: 16 applications in 2025, of which 13 were originated and 2 denied.
12.5% of all applications, or 13.3% of the applications it actually decided on. The Michigan statewide average across all lenders was 18.5%.
The median rate on loans Lument Real Estate Capital originated in Michigan in 2025 was 5.76%, against a statewide median of 6.75%.
About this data. Figures are Lument Real Estate Capital'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