Mortgage Right · Michigan · 2025

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

Mortgage Right took 91 mortgage applications in Michigan in 2025, ranking #284 of 973 lenders active in the state. It originated 63.7% of them and denied 4.4% (6.5% of the applications it decided), against a statewide denial rate of 18.5%.

91Applicationsin MI
6.5%Decision denial ratestate 22.6%
6.63%Median ratestate 6.75%
$255,000Median loanstate $155,000
$15MVolume16 counties

Mortgage Right in Michigan vs the state

4.4%Denial rate-14.12 pts vs state
6.5%Decision denial rate-16.13 pts vs state
63.7%Origination rate+3.85 pts vs state
6.63%Median rate-0.13 pts vs state
0.33Rate spread (pts)-0.07 pts vs state
$95kMedian applicant income
58Loans originated
4Denied

Trend in Michigan

YearApplicationsOriginatedDenial rateMedian rateRank in state
202367421.5%6.63%#310
202478512.6%6.63%#295
202591584.4%6.63%#284

What Mortgage Right lends in Michigan

By loan purpose

Home purchase 72 79% · 5.6% denied
Refinance 9 10% · 0.0% denied
Cash-out refinance 10 11% · 0.0% denied

By loan type

Conventional 54 59% · 5.6% denied
FHA 31 34% · 3.2% denied
VA 6 7% · 0.0% denied

Why it denied Michigan applicants

Employment history 3 75%
Unverifiable information 1 25%

Where in Michigan

Counties with the most Mortgage Right applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Wayne County 53304 7.5%
Oakland County 1190 0.0%
Monroe County 550 0.0%
Washtenaw County 420 0.0%
Macomb County 320 0.0%
Shiawassee County 220 0.0%
Lenawee County 200 0.0%
Marquette County 220 0.0%
Genesee County 210 0.0%
Alpena County 100 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: 91 applications in 2025, of which 58 were originated and 4 denied.

4.4% of all applications, or 6.5% of the applications it actually decided on. The Michigan statewide average across all lenders was 18.5%.

The median rate on loans Mortgage Right originated in Michigan in 2025 was 6.63%, against a statewide median of 6.75%.

About this data. Figures are Mortgage Right'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