Mortgage Solutions of Colorado · Michigan · 2025

Mortgage Solutions of Colorado in Michigan: approval rate, denial rate and rates (2025)

Mortgage Solutions of Colorado took 112 mortgage applications in Michigan in 2025, ranking #259 of 973 lenders active in the state. It originated 64.3% of them and denied 6.3% (8.1% of the applications it decided), against a statewide denial rate of 18.5%.

112Applicationsin MI
8.1%Decision denial ratestate 22.6%
7.75%Median ratestate 6.75%
$215,000Median loanstate $155,000
$18MVolume44 counties

Mortgage Solutions of Colorado in Michigan vs the state

6.3%Denial rate-12.27 pts vs state
8.1%Decision denial rate-14.53 pts vs state
64.3%Origination rate+4.40 pts vs state
7.75%Median rate+1.00 pts vs state
0.99Rate spread (pts)+0.59 pts vs state
$70kMedian applicant income
72Loans originated
7Denied

Trend in Michigan

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023562414.3%7.13%#325
2024116814.3%7.13%#252
2025112726.3%7.75%#259

What Mortgage Solutions of Colorado lends in Michigan

By loan purpose

Home purchase 66 59% · 4.6% denied
Refinance 14 13% · 0.0% denied
Cash-out refinance 32 29% · 12.5% denied

By loan type

Conventional 3 3% · 0.0% denied
FHA 28 25% · 10.7% denied
VA 81 72% · 4.9% denied

Why it denied Michigan applicants

Credit history 4 57%
Debt-to-income ratio 2 29%
Collateral 1 14%

Where in Michigan

Counties with the most Mortgage Solutions of Colorado applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Wayne County 20131 5.0%
Macomb County 960 0.0%
Oakland County 740 0.0%
Genesee County 521 20.0%
Kent County 520 0.0%
Kalamazoo County 421 25.0%
Calhoun County 410 0.0%
Alpena County 440 0.0%
Muskegon County 440 0.0%
Ottawa County 320 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: 112 applications in 2025, of which 72 were originated and 7 denied.

6.3% of all applications, or 8.1% of the applications it actually decided on. The Michigan statewide average across all lenders was 18.5%.

The median rate on loans Mortgage Solutions of Colorado originated in Michigan in 2025 was 7.75%, against a statewide median of 6.75%.

About this data. Figures are Mortgage Solutions of Colorado'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