Morgan Stanley Private Bank in Michigan vs the state
4.7%Denial rate-13.82 pts vs state
5.7%Decision denial rate-16.91 pts vs state
73.9%Origination rate+14.04 pts vs state
6.05%Median rate-0.70 pts vs state
-0.04Rate spread (pts)-0.44 pts vs state
$250kMedian applicant income
173Loans originated
11Denied
Trend in Michigan
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 202 | 161 | 3.0% | 5.95% | #178 |
| 2024 | 173 | 128 | 4.1% | 6.21% | #210 |
| 2025 | 234 | 173 | 4.7% | 6.05% | #192 |
What Morgan Stanley Private Bank lends in Michigan
By loan purpose
By loan type
Why it denied Michigan applicants
Where in Michigan
Counties with the most Morgan Stanley Private Bank applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Oakland County | 72 | 58 | 2 | 2.8% |
| Washtenaw County | 23 | 17 | 1 | 4.3% |
| Kent County | 16 | 14 | 0 | 0.0% |
| Wayne County | 16 | 13 | 0 | 0.0% |
| Grand Traverse County | 12 | 7 | 2 | 16.7% |
| Berrien County | 10 | 9 | 0 | 0.0% |
| Livingston County | 7 | 5 | 1 | 14.3% |
| Kalamazoo County | 7 | 5 | 0 | 0.0% |
| Antrim County | 7 | 3 | 2 | 28.6% |
| Leelanau County | 6 | 5 | 1 | 16.7% |
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: 234 applications in 2025, of which 173 were originated and 11 denied.
4.7% of all applications, or 5.7% of the applications it actually decided on. The Michigan statewide average across all lenders was 18.5%.
The median rate on loans Morgan Stanley Private Bank originated in Michigan in 2025 was 6.05%, against a statewide median of 6.75%.
About this data. Figures are Morgan Stanley Private Bank'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