Park Lane Finance Solutions · Michigan · 2025

Park Lane Finance Solutions in Michigan: approval rate, denial rate and rates (2025)

Park Lane Finance Solutions took 84 mortgage applications in Michigan in 2025, ranking #291 of 973 lenders active in the state. It originated 23.8% of them and denied 52.4% (58.7% of the applications it decided), against a statewide denial rate of 18.5%.

84Applicationsin MI
58.7%Decision denial ratestate 22.6%
10.49%Median ratestate 6.75%
$75,000Median loanstate $155,000
$1.2MVolume11 counties

Park Lane Finance Solutions in Michigan vs the state

52.4%Denial rate+33.86 pts vs state
58.7%Decision denial rate+36.09 pts vs state
23.8%Origination rate-36.08 pts vs state
10.49%Median rate+3.74 pts vs state
4.69Rate spread (pts)+4.29 pts vs state
$63kMedian applicant income
20Loans originated
44Denied

Trend in Michigan

YearApplicationsOriginatedDenial rateMedian rateRank in state
20246166.7%10.24%#564
2025842052.4%10.49%#291

What Park Lane Finance Solutions lends in Michigan

By loan purpose

Home purchase 84 100% · 52.4% denied

By loan type

Conventional 84 100% · 52.4% denied

Why it denied Michigan applicants

Credit history 21 48%
Debt-to-income ratio 21 48%
Other 2 5%

Where in Michigan

Counties with the most Park Lane Finance Solutions applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
St. Clair County 18410 55.6%
Wayne County 18310 55.6%
Macomb County 16111 68.8%
Livingston County 915 55.6%
Allegan County 770 0.0%
Kent County 531 20.0%
Oakland County 404 100.0%
Jackson County 410 0.0%
Genesee County 101 100.0%
Bay County 101 100.0%

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: 84 applications in 2025, of which 20 were originated and 44 denied.

52.4% of all applications, or 58.7% of the applications it actually decided on. The Michigan statewide average across all lenders was 18.5%.

The median rate on loans Park Lane Finance Solutions originated in Michigan in 2025 was 10.49%, against a statewide median of 6.75%.

About this data. Figures are Park Lane Finance Solutions'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