Mortgage Access · Michigan · 2025

Mortgage Access in Michigan: approval rate, denial rate and rates (2025)

Mortgage Access took 109 mortgage applications in Michigan in 2025, ranking #262 of 973 lenders active in the state. It originated 56.9% of them and denied 3.7% (6.1% of the applications it decided), against a statewide denial rate of 18.5%.

109Applicationsin MI
6.1%Decision denial ratestate 22.6%
6.49%Median ratestate 6.75%
$335,000Median loanstate $155,000
$22MVolume20 counties

Mortgage Access in Michigan vs the state

3.7%Denial rate-14.85 pts vs state
6.1%Decision denial rate-16.52 pts vs state
56.9%Origination rate-3.01 pts vs state
6.49%Median rate-0.26 pts vs state
0.17Rate spread (pts)-0.23 pts vs state
$150kMedian applicant income
62Loans originated
4Denied

Trend in Michigan

YearApplicationsOriginatedDenial rateMedian rateRank in state
202343260.0%6.75%#345
202470387.1%6.99%#312
2025109623.7%6.49%#262

What Mortgage Access lends in Michigan

By loan purpose

Home purchase 103 94% · 3.9% denied
Refinance 3 3% · 0.0% denied
Cash-out refinance 3 3% · 0.0% denied

By loan type

Conventional 99 91% · 4.0% denied
FHA 5 5% · 0.0% denied
VA 5 5% · 0.0% denied

Why it denied Michigan applicants

Collateral 2 50%
Credit history 1 25%
Debt-to-income ratio 1 25%

Where in Michigan

Counties with the most Mortgage Access applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Oakland County 32200 0.0%
Wayne County 31162 6.5%
Muskegon County 641 16.7%
Washtenaw County 530 0.0%
Kalamazoo County 510 0.0%
Kent County 430 0.0%
Monroe County 440 0.0%
Calhoun County 310 0.0%
Jackson County 320 0.0%
Berrien County 310 0.0%

Other large lenders in Michigan

LenderGradeApplicationsDenial rateMedian rate
Rocket MortgageC 30,64416.3%6.75%
United Shore Financial ServicesB 29,33011.7%6.60%
The Huntington National BankD 20,04730.0%7.49%
Lake Michigan Credit UnionA 16,6625.6%6.75%
Fifth Third BankD 11,17626.4%7.50%
21st MortgageF 7,42453.4%11.04%
Citizens BankC 6,59229.0%7.65%
Triad Financial ServicesD 6,42656.1%8.49%
Union Home MortgageB 5,3034.3%6.75%
PNC BankD 5,16126.3%7.36%

Frequently asked questions

Michigan: 109 applications in 2025, of which 62 were originated and 4 denied.

3.7% of all applications, or 6.1% of the applications it actually decided on. The Michigan statewide average across all lenders was 18.5%.

The median rate on loans Mortgage Access originated in Michigan in 2025 was 6.49%, against a statewide median of 6.75%.

About this data. Figures are Mortgage Access'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