Old National Bank in Michigan vs the state
12.3%Denial rate-6.26 pts vs state
14.1%Decision denial rate-8.50 pts vs state
73.8%Origination rate+13.95 pts vs state
6.38%Median rate-0.38 pts vs state
-0.13Rate spread (pts)-0.53 pts vs state
$106kMedian applicant income
1,211Loans originated
201Denied
Trend in Michigan
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 1,400 | 985 | 19.4% | 6.38% | #51 |
| 2024 | 1,622 | 1,170 | 17.3% | 6.63% | #47 |
| 2025 | 1,640 | 1,211 | 12.3% | 6.38% | #55 |
What Old National Bank lends in Michigan
By loan purpose
By loan type
Why it denied Michigan applicants
Where in Michigan
Counties with the most Old National Bank applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Kent County | 511 | 411 | 32 | 6.3% |
| Washtenaw County | 238 | 185 | 23 | 9.7% |
| Lenawee County | 190 | 124 | 37 | 19.5% |
| Ottawa County | 122 | 104 | 7 | 5.7% |
| Kalamazoo County | 66 | 43 | 17 | 25.8% |
| Wayne County | 63 | 49 | 6 | 9.5% |
| Livingston County | 45 | 27 | 2 | 4.4% |
| Jackson County | 44 | 28 | 11 | 25.0% |
| Allegan County | 43 | 36 | 3 | 7.0% |
| Oakland County | 42 | 24 | 4 | 9.5% |
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: 1,640 applications in 2025, of which 1,211 were originated and 201 denied.
12.3% of all applications, or 14.1% of the applications it actually decided on. The Michigan statewide average across all lenders was 18.5%.
The median rate on loans Old National Bank originated in Michigan in 2025 was 6.38%, against a statewide median of 6.75%.
About this data. Figures are Old National Bank'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