Mortgage Center L.c · Michigan · 2025

Mortgage Center L.c in Michigan: approval rate, denial rate and rates (2025)

Mortgage Center L.c took 3,046 mortgage applications in Michigan in 2025, ranking #31 of 973 lenders active in the state. It originated 72.7% of them and denied 6.2% (7.8% of the applications it decided), against a statewide denial rate of 18.5%.

3.0kApplicationsin MI
7.8%Decision denial ratestate 22.6%
6.38%Median ratestate 6.75%
$205,000Median loanstate $155,000
$547MVolume71 counties

Mortgage Center L.c in Michigan vs the state

6.2%Denial rate-12.32 pts vs state
7.8%Decision denial rate-14.74 pts vs state
72.7%Origination rate+12.83 pts vs state
6.38%Median rate-0.38 pts vs state
0.29Rate spread (pts)-0.11 pts vs state
$101kMedian applicant income
2,215Loans originated
189Denied

Trend in Michigan

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231,8011,23811.7%6.88%#40
20242,0701,4437.4%6.63%#42
20253,0462,2156.2%6.38%#31

What Mortgage Center L.c lends in Michigan

By loan purpose

Home purchase 1,595 52% · 2.6% denied
Refinance 232 8% · 6.0% denied
Cash-out refinance 338 11% · 5.3% denied
Home improvement 31 1% · 9.7% denied
Other / HELOC 850 28% · 13.3% denied

By loan type

Conventional 2,856 94% · 5.4% denied
FHA 159 5% · 19.5% denied
VA 31 1% · 9.7% denied

Why it denied Michigan applicants

Incomplete application 43 23%
Debt-to-income ratio 43 23%
Credit history 42 22%
Collateral 32 17%
Other 16 8%
Unverifiable information 8 4%
Insufficient cash 4 2%
Employment history 1 1%

Where in Michigan

Counties with the most Mortgage Center L.c applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Wayne County 53536450 9.3%
Oakland County 53339821 3.9%
Macomb County 39830417 4.3%
St. Clair County 19814112 6.1%
Livingston County 1921507 3.6%
Kalamazoo County 17613315 8.5%
Ingham County 92641 1.1%
Washtenaw County 89624 4.5%
Calhoun County 75549 12.0%
Genesee County 56414 7.1%

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: 3,046 applications in 2025, of which 2,215 were originated and 189 denied.

6.2% of all applications, or 7.8% of the applications it actually decided on. The Michigan statewide average across all lenders was 18.5%.

The median rate on loans Mortgage Center L.c originated in Michigan in 2025 was 6.38%, against a statewide median of 6.75%.

About this data. Figures are Mortgage Center L.c'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