Michigan Mutual in California vs the state
4.7%Denial rate-12.68 pts vs state
5.2%Decision denial rate-17.23 pts vs state
56.8%Origination rate+0.64 pts vs state
6.63%Median rate0.00 pts vs state
0.30Rate spread (pts)+0.03 pts vs state
$156kMedian applicant income
108Loans originated
9Denied
Trend in California
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 487 | 255 | 10.1% | 6.63% | #227 |
| 2024 | 470 | 290 | 11.9% | 6.63% | #252 |
| 2025 | 190 | 108 | 4.7% | 6.63% | #370 |
What Michigan Mutual lends in California
By loan purpose
By loan type
Why it denied California applicants
Where in California
Counties with the most Michigan Mutual applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Kern County | 56 | 42 | 0 | 0.0% |
| Los Angeles County | 23 | 9 | 3 | 13.0% |
| Riverside County | 14 | 7 | 2 | 14.3% |
| San Bernardino County | 14 | 7 | 0 | 0.0% |
| Ventura County | 12 | 6 | 1 | 8.3% |
| Sacramento County | 9 | 4 | 0 | 0.0% |
| Orange County | 9 | 4 | 2 | 22.2% |
| San Mateo County | 5 | 3 | 0 | 0.0% |
| Butte County | 5 | 3 | 0 | 0.0% |
| Inyo County | 5 | 2 | 0 | 0.0% |
Other large lenders in California
| Lender | Grade | Applications | Denial rate | Median rate |
|---|---|---|---|---|
| United Shore Financial Services | B | 79,261 | 12.6% | 6.49% |
| Rocket Mortgage | C | 58,925 | 17.6% | 6.75% |
| Bank of America | F | 40,190 | 30.8% | 5.99% |
| U.S. Bank | D | 32,493 | 31.6% | 6.50% |
| JPMorgan Chase Bank | B | 22,048 | 9.7% | 6.13% |
| Spring Eq | D | 21,601 | 50.8% | 8.88% |
| Schoolsfirst | A | 19,086 | 10.0% | 6.25% |
| Pennymac Loan Services | C | 18,754 | 13.5% | 6.50% |
| Newrez | D | 17,000 | 19.3% | 6.63% |
| Loandepot.Com | D | 16,645 | 18.7% | 6.63% |
Frequently asked questions
California: 190 applications in 2025, of which 108 were originated and 9 denied.
4.7% of all applications, or 5.2% of the applications it actually decided on. The California statewide average across all lenders was 17.4%.
The median rate on loans Michigan Mutual originated in California in 2025 was 6.63%, against a statewide median of 6.63%.
About this data. Figures are Michigan Mutual's own HMDA filing for properties located in California, 2025. The grade is national; state-level figures are shown for context and are not separately graded. Methodology