PGIM Real Estate Finance · Michigan · 2025

PGIM Real Estate Finance in Michigan: approval rate, denial rate and rates (2025)

PGIM Real Estate Finance took 6 mortgage applications in Michigan in 2025, ranking #579 of 973 lenders active in the state. It originated 100.0% of them and denied 0.0% (0.0% of the applications it decided), against a statewide denial rate of 18.5%.

6Applicationsin MI
0.0%Decision denial ratestate 22.6%
5.07%Median ratestate 6.75%
$33,305,000Median loanstate $155,000
$211MVolume4 counties

PGIM Real Estate Finance in Michigan vs the state

0.0%Denial rate-18.52 pts vs state
0.0%Decision denial rate-22.58 pts vs state
100.0%Origination rate+40.11 pts vs state
5.07%Median rate-1.68 pts vs state
Rate spread (pts)
Median applicant income
6Loans originated
0Denied

What PGIM Real Estate Finance lends in Michigan

By loan purpose

Home purchase 2 33% · 0.0% denied
Refinance 2 33% · 0.0% denied
Cash-out refinance 2 33% · 0.0% denied

By loan type

Conventional 6 100% · 0.0% denied

Where in Michigan

Counties with the most PGIM Real Estate Finance applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Wayne County 330 0.0%
Allegan County 110 0.0%
Kent County 110 0.0%
Kalamazoo County 110 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: 6 applications in 2025, of which 6 were originated and 0 denied.

0.0% of all applications, or 0.0% of the applications it actually decided on. The Michigan statewide average across all lenders was 18.5%.

The median rate on loans PGIM Real Estate Finance originated in Michigan in 2025 was 5.07%, against a statewide median of 6.75%.

About this data. Figures are PGIM Real Estate Finance'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