Member First Mortgage in Michigan vs the state
15.3%Denial rate-3.25 pts vs state
23.6%Decision denial rate+0.98 pts vs state
45.8%Origination rate-14.07 pts vs state
6.50%Median rate-0.25 pts vs state
0.32Rate spread (pts)-0.08 pts vs state
$91kMedian applicant income
318Loans originated
106Denied
Trend in Michigan
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 557 | 218 | 18.0% | 6.63% | #99 |
| 2024 | 552 | 199 | 19.2% | 6.88% | #108 |
| 2025 | 694 | 318 | 15.3% | 6.50% | #102 |
What Member First Mortgage lends in Michigan
By loan purpose
By loan type
Why it denied Michigan applicants
Where in Michigan
Counties with the most Member First Mortgage applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Wayne County | 154 | 55 | 41 | 26.6% |
| Oakland County | 130 | 92 | 5 | 3.8% |
| Macomb County | 50 | 15 | 9 | 18.0% |
| Calhoun County | 34 | 13 | 7 | 20.6% |
| Washtenaw County | 25 | 11 | 4 | 16.0% |
| Cheboygan County | 24 | 10 | 4 | 16.7% |
| St. Joseph County | 20 | 10 | 0 | 0.0% |
| Genesee County | 18 | 12 | 2 | 11.1% |
| Kalamazoo County | 15 | 4 | 1 | 6.7% |
| Ingham County | 14 | 2 | 3 | 21.4% |
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: 694 applications in 2025, of which 318 were originated and 106 denied.
15.3% of all applications, or 23.6% of the applications it actually decided on. The Michigan statewide average across all lenders was 18.5%.
The median rate on loans Member First Mortgage originated in Michigan in 2025 was 6.50%, against a statewide median of 6.75%.
About this data. Figures are Member First Mortgage'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