Nationwide Mortgage Bankers · Michigan · 2025

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

Nationwide Mortgage Bankers took 31 mortgage applications in Michigan in 2025, ranking #383 of 973 lenders active in the state. It originated 61.3% of them and denied 9.7% (13.0% of the applications it decided), against a statewide denial rate of 18.5%.

31Applicationsin MI
13.0%Decision denial ratestate 22.6%
6.75%Median ratestate 6.75%
$205,000Median loanstate $155,000
$3.9MVolume18 counties

Nationwide Mortgage Bankers in Michigan vs the state

9.7%Denial rate-8.84 pts vs state
13.0%Decision denial rate-9.54 pts vs state
61.3%Origination rate+1.40 pts vs state
6.75%Median rate0.00 pts vs state
0.64Rate spread (pts)+0.24 pts vs state
$76kMedian applicant income
19Loans originated
3Denied

Trend in Michigan

YearApplicationsOriginatedDenial rateMedian rateRank in state
202345210.0%6.75%#344
202429160.0%7.13%#390
202531199.7%6.75%#383

What Nationwide Mortgage Bankers lends in Michigan

By loan purpose

Home purchase 17 55% · 17.7% denied
Refinance 13 42% · 0.0% denied
Cash-out refinance 1 3% · 0.0% denied

By loan type

Conventional 16 52% · 6.3% denied
FHA 12 39% · 16.7% denied
VA 3 10% · 0.0% denied

Why it denied Michigan applicants

Collateral 2 67%
Other 1 33%

Where in Michigan

Counties with the most Nationwide Mortgage Bankers applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Wayne County 741 14.3%
Ionia County 210 0.0%
Clare County 220 0.0%
Saginaw County 210 0.0%
Isabella County 220 0.0%
Gladwin County 211 50.0%
Midland County 211 50.0%
Jackson County 210 0.0%
Macomb County 100 0.0%
Osceola 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: 31 applications in 2025, of which 19 were originated and 3 denied.

9.7% of all applications, or 13.0% of the applications it actually decided on. The Michigan statewide average across all lenders was 18.5%.

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

About this data. Figures are Nationwide Mortgage Bankers'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