Mutual of Omaha Mortgage · Michigan · 2025

Mutual of Omaha Mortgage in Michigan: approval rate, denial rate and rates (2025)

Mutual of Omaha Mortgage took 1,052 mortgage applications in Michigan in 2025, ranking #70 of 973 lenders active in the state. It originated 51.1% of them and denied 21.7% (28.9% of the applications it decided), against a statewide denial rate of 18.5%.

1.1kApplicationsin MI
28.9%Decision denial ratestate 22.6%
6.50%Median ratestate 6.75%
$175,000Median loanstate $155,000
$124MVolume79 counties

Mutual of Omaha Mortgage in Michigan vs the state

21.7%Denial rate+3.15 pts vs state
28.9%Decision denial rate+6.32 pts vs state
51.1%Origination rate-8.75 pts vs state
6.50%Median rate-0.25 pts vs state
0.49Rate spread (pts)+0.09 pts vs state
$62kMedian applicant income
538Loans originated
228Denied

Trend in Michigan

YearApplicationsOriginatedDenial rateMedian rateRank in state
202382337630.6%6.88%#82
202487544026.1%6.75%#79
20251,05253821.7%6.50%#70

What Mutual of Omaha Mortgage lends in Michigan

By loan purpose

Home purchase 212 20% · 7.6% denied
Refinance 198 19% · 12.6% denied
Cash-out refinance 405 38% · 27.4% denied
Home improvement 34 3% · 26.5% denied
Other / HELOC 203 19% · 33.0% denied

By loan type

Conventional 395 38% · 14.4% denied
FHA 555 53% · 28.3% denied
VA 96 9% · 12.5% denied
USDA / RHS 6 1% · 33.3% denied

Why it denied Michigan applicants

Credit history 129 57%
Collateral 55 24%
Insufficient cash 16 7%
Unverifiable information 13 6%
Other 11 5%
Debt-to-income ratio 3 1%
Incomplete application 1 0%

Where in Michigan

Counties with the most Mutual of Omaha Mortgage applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Wayne County 1526630 19.7%
Oakland County 1085519 17.6%
Macomb County 804116 20.0%
Kent County 643415 23.4%
Genesee County 533311 20.8%
Ottawa County 34234 11.8%
Muskegon County 311113 41.9%
Berrien County 2294 18.2%
St. Clair County 2095 25.0%
Livingston County 20123 15.0%

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: 1,052 applications in 2025, of which 538 were originated and 228 denied.

21.7% 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 Mutual of Omaha Mortgage originated in Michigan in 2025 was 6.50%, against a statewide median of 6.75%.

About this data. Figures are Mutual of Omaha Mortgage'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