Michigan Mutual in Texas vs the state
5.5%Denial rate-13.98 pts vs state
8.7%Decision denial rate-16.20 pts vs state
29.1%Origination rate-25.79 pts vs state
6.99%Median rate+0.49 pts vs state
0.64Rate spread (pts)+0.44 pts vs state
$108kMedian applicant income
32Loans originated
6Denied
Trend in Texas
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 810 | 303 | 9.6% | 6.50% | #185 |
| 2024 | 321 | 129 | 7.5% | 6.88% | #314 |
| 2025 | 110 | 32 | 5.5% | 6.99% | #535 |
What Michigan Mutual lends in Texas
By loan purpose
By loan type
Why it denied Texas applicants
Where in Texas
Counties with the most Michigan Mutual applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Tarrant County | 23 | 5 | 2 | 8.7% |
| Fort Bend County | 11 | 2 | 0 | 0.0% |
| Harris County | 11 | 6 | 0 | 0.0% |
| Dallas County | 9 | 3 | 0 | 0.0% |
| Collin County | 8 | 2 | 1 | 12.5% |
| Ellis County | 5 | 0 | 0 | 0.0% |
| Bexar County | 4 | 1 | 0 | 0.0% |
| Wise County | 4 | 3 | 0 | 0.0% |
| Travis County | 3 | 2 | 0 | 0.0% |
| Parker County | 3 | 1 | 0 | 0.0% |
Other large lenders in Texas
| Lender | Grade | Applications | Denial rate | Median rate |
|---|---|---|---|---|
| United Shore Financial Services | B | 56,491 | 11.0% | 6.25% |
| Rocket Mortgage | C | 45,658 | 22.4% | 6.63% |
| 21st Mortgage | F | 37,961 | 45.9% | 9.94% |
| Dhi Mortgage Company | B | 26,348 | 13.5% | 4.50% |
| Lennar Mortgage | A | 21,959 | 20.5% | 4.50% |
| Bank of America | F | 18,008 | 43.0% | 6.24% |
| JPMorgan Chase Bank | B | 16,260 | 9.8% | 6.45% |
| CMG Mortgage | A | 15,978 | 3.9% | 6.50% |
| Vanderbilt Mortgage and Finance | F | 15,683 | 44.7% | 10.50% |
| Triad Financial Services | D | 15,158 | 50.0% | 9.35% |
Frequently asked questions
Texas: 110 applications in 2025, of which 32 were originated and 6 denied.
5.5% of all applications, or 8.7% of the applications it actually decided on. The Texas statewide average across all lenders was 19.4%.
The median rate on loans Michigan Mutual originated in Texas in 2025 was 6.99%, against a statewide median of 6.50%.
About this data. Figures are Michigan Mutual's own HMDA filing for properties located in Texas, 2025. The grade is national; state-level figures are shown for context and are not separately graded. Methodology