Old Second National Bank · Michigan · 2025

Old Second National Bank in Michigan: approval rate, denial rate and rates (2025)

Old Second National Bank took 29 mortgage applications in Michigan in 2025, ranking #395 of 973 lenders active in the state. It originated 41.4% of them and denied 17.2% (27.8% of the applications it decided), against a statewide denial rate of 18.5%.

29Applicationsin MI
27.8%Decision denial ratestate 22.6%
7.25%Median ratestate 6.75%
$75,000Median loanstate $155,000
$10MVolume16 counties

Old Second National Bank in Michigan vs the state

17.2%Denial rate-1.28 pts vs state
27.8%Decision denial rate+5.20 pts vs state
41.4%Origination rate-18.51 pts vs state
7.25%Median rate+0.50 pts vs state
0.74Rate spread (pts)+0.35 pts vs state
$85kMedian applicant income
12Loans originated
5Denied

What Old Second National Bank lends in Michigan

By loan purpose

Home purchase 28 97% · 17.9% denied
Cash-out refinance 1 3% · 0.0% denied

By loan type

Conventional 29 100% · 17.2% denied

Where in Michigan

Counties with the most Old Second National Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Ottawa County 621 16.7%
Macomb County 301 33.3%
Monroe County 321 33.3%
Lapeer County 210 0.0%
Livingston County 210 0.0%
Oakland County 220 0.0%
Kent County 201 50.0%
Berrien County 110 0.0%
Clinton County 110 0.0%
Washtenaw 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: 29 applications in 2025, of which 12 were originated and 5 denied.

17.2% of all applications, or 27.8% of the applications it actually decided on. The Michigan statewide average across all lenders was 18.5%.

The median rate on loans Old Second National Bank originated in Michigan in 2025 was 7.25%, against a statewide median of 6.75%.

About this data. Figures are Old Second 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