Manufacturers and Traders Trust in Michigan vs the state
17.9%Denial rate-0.60 pts vs state
27.5%Decision denial rate+4.96 pts vs state
47.2%Origination rate-12.72 pts vs state
6.25%Median rate-0.50 pts vs state
0.55Rate spread (pts)+0.15 pts vs state
$85kMedian applicant income
50Loans originated
19Denied
Trend in Michigan
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 70 | 34 | 20.0% | 6.63% | #306 |
| 2024 | 56 | 36 | 19.6% | 6.56% | #335 |
| 2025 | 106 | 50 | 17.9% | 6.25% | #267 |
What Manufacturers and Traders Trust lends in Michigan
By loan purpose
By loan type
Why it denied Michigan applicants
Where in Michigan
Counties with the most Manufacturers and Traders Trust applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Wayne County | 19 | 10 | 1 | 5.3% |
| Oakland County | 11 | 3 | 4 | 36.4% |
| Macomb County | 11 | 5 | 2 | 18.2% |
| Kent County | 6 | 2 | 2 | 33.3% |
| Grand Traverse County | 4 | 2 | 0 | 0.0% |
| Jackson County | 4 | 3 | 0 | 0.0% |
| Calhoun County | 3 | 0 | 0 | 0.0% |
| Livingston County | 3 | 3 | 0 | 0.0% |
| Kalamazoo County | 3 | 1 | 1 | 33.3% |
| Shiawassee County | 3 | 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: 106 applications in 2025, of which 50 were originated and 19 denied.
17.9% of all applications, or 27.5% of the applications it actually decided on. The Michigan statewide average across all lenders was 18.5%.
The median rate on loans Manufacturers and Traders Trust originated in Michigan in 2025 was 6.25%, against a statewide median of 6.75%.
About this data. Figures are Manufacturers and Traders Trust'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