Michigan Mutual in Michigan vs the state
6.7%Denial rate-11.79 pts vs state
7.9%Decision denial rate-14.69 pts vs state
59.7%Origination rate-0.18 pts vs state
6.99%Median rate+0.24 pts vs state
0.70Rate spread (pts)+0.30 pts vs state
$76kMedian applicant income
532Loans originated
60Denied
Trend in Michigan
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 1,884 | 1,233 | 6.9% | 6.88% | #39 |
| 2024 | 1,523 | 1,036 | 8.3% | 6.88% | #52 |
| 2025 | 891 | 532 | 6.7% | 6.99% | #81 |
What Michigan Mutual lends in Michigan
By loan purpose
By loan type
Why it denied Michigan applicants
Where in Michigan
Counties with the most Michigan Mutual applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Wayne County | 189 | 102 | 21 | 11.1% |
| St. Clair County | 168 | 110 | 2 | 1.2% |
| Oakland County | 118 | 70 | 7 | 5.9% |
| Macomb County | 111 | 80 | 4 | 3.6% |
| Genesee County | 39 | 21 | 6 | 15.4% |
| Kent County | 23 | 13 | 3 | 13.0% |
| Marquette County | 20 | 8 | 2 | 10.0% |
| Ingham County | 19 | 10 | 0 | 0.0% |
| Lapeer County | 18 | 10 | 0 | 0.0% |
| Tuscola County | 16 | 12 | 2 | 12.5% |
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: 891 applications in 2025, of which 532 were originated and 60 denied.
6.7% of all applications, or 7.9% of the applications it actually decided on. The Michigan statewide average across all lenders was 18.5%.
The median rate on loans Michigan Mutual originated in Michigan in 2025 was 6.99%, against a statewide median of 6.75%.
About this data. Figures are Michigan Mutual'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