OCMBC in Michigan vs the state
11.7%Denial rate-6.87 pts vs state
16.3%Decision denial rate-6.27 pts vs state
44.8%Origination rate-15.08 pts vs state
7.25%Median rate+0.50 pts vs state
1.17Rate spread (pts)+0.77 pts vs state
$94kMedian applicant income
177Loans originated
46Denied
Trend in Michigan
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 207 | 93 | 28.0% | 8.13% | #175 |
| 2024 | 303 | 137 | 26.7% | 8.00% | #160 |
| 2025 | 395 | 177 | 11.7% | 7.25% | #148 |
What OCMBC lends in Michigan
By loan purpose
By loan type
Why it denied Michigan applicants
Where in Michigan
Counties with the most OCMBC applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Wayne County | 145 | 62 | 15 | 10.3% |
| Oakland County | 58 | 34 | 7 | 12.1% |
| Macomb County | 51 | 24 | 8 | 15.7% |
| Kent County | 23 | 11 | 3 | 13.0% |
| Genesee County | 8 | 5 | 1 | 12.5% |
| Lapeer County | 8 | 2 | 0 | 0.0% |
| Monroe County | 8 | 3 | 2 | 25.0% |
| Washtenaw County | 7 | 3 | 3 | 42.9% |
| Bay County | 7 | 0 | 1 | 14.3% |
| Saginaw County | 7 | 3 | 0 | 0.0% |
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: 395 applications in 2025, of which 177 were originated and 46 denied.
11.7% of all applications, or 16.3% of the applications it actually decided on. The Michigan statewide average across all lenders was 18.5%.
The median rate on loans OCMBC originated in Michigan in 2025 was 7.25%, against a statewide median of 6.75%.
About this data. Figures are OCMBC'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