Milend in Michigan vs the state
17.1%Denial rate-1.45 pts vs state
37.2%Decision denial rate+14.65 pts vs state
24.9%Origination rate-35.01 pts vs state
6.25%Median rate-0.50 pts vs state
0.34Rate spread (pts)-0.06 pts vs state
$70kMedian applicant income
51Loans originated
35Denied
Trend in Michigan
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 38 | 6 | 15.8% | 7.38% | #356 |
| 2024 | 142 | 32 | 9.2% | 6.50% | #232 |
| 2025 | 205 | 51 | 17.1% | 6.25% | #205 |
What Milend lends in Michigan
By loan purpose
By loan type
Why it denied Michigan applicants
Where in Michigan
Counties with the most Milend applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Macomb County | 20 | 5 | 5 | 25.0% |
| Genesee County | 16 | 5 | 3 | 18.8% |
| Wayne County | 15 | 1 | 3 | 20.0% |
| Oakland County | 15 | 0 | 7 | 46.7% |
| Kent County | 9 | 3 | 1 | 11.1% |
| Allegan County | 7 | 3 | 1 | 14.3% |
| Calhoun County | 6 | 0 | 1 | 16.7% |
| St. Clair County | 6 | 2 | 2 | 33.3% |
| Monroe County | 6 | 2 | 0 | 0.0% |
| Jackson County | 6 | 2 | 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: 205 applications in 2025, of which 51 were originated and 35 denied.
17.1% of all applications, or 37.2% of the applications it actually decided on. The Michigan statewide average across all lenders was 18.5%.
The median rate on loans Milend originated in Michigan in 2025 was 6.25%, against a statewide median of 6.75%.
About this data. Figures are Milend'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