Mortgage Research Center in Michigan vs the state
19.4%Denial rate+0.91 pts vs state
28.9%Decision denial rate+6.31 pts vs state
47.2%Origination rate-12.66 pts vs state
6.25%Median rate-0.50 pts vs state
-0.14Rate spread (pts)-0.54 pts vs state
$83kMedian applicant income
2,334Loans originated
960Denied
Trend in Michigan
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 3,228 | 1,607 | 16.8% | 6.75% | #23 |
| 2024 | 4,004 | 2,013 | 17.3% | 6.63% | #18 |
| 2025 | 4,942 | 2,334 | 19.4% | 6.25% | #12 |
What Mortgage Research Center lends in Michigan
By loan purpose
By loan type
Why it denied Michigan applicants
Where in Michigan
Counties with the most Mortgage Research Center applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Wayne County | 574 | 247 | 127 | 22.1% |
| Macomb County | 335 | 157 | 64 | 19.1% |
| Oakland County | 330 | 129 | 66 | 20.0% |
| Genesee County | 201 | 96 | 45 | 22.4% |
| Kent County | 170 | 85 | 35 | 20.6% |
| Calhoun County | 147 | 70 | 35 | 23.8% |
| Kalamazoo County | 141 | 73 | 16 | 11.3% |
| Saginaw County | 140 | 65 | 32 | 22.9% |
| Jackson County | 125 | 63 | 17 | 13.6% |
| Ingham County | 123 | 60 | 27 | 22.0% |
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: 4,942 applications in 2025, of which 2,334 were originated and 960 denied.
19.4% of all applications, or 28.9% of the applications it actually decided on. The Michigan statewide average across all lenders was 18.5%.
The median rate on loans Mortgage Research Center originated in Michigan in 2025 was 6.25%, against a statewide median of 6.75%.
About this data. Figures are Mortgage Research Center'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