PNC Bank in Michigan vs the state
26.3%Denial rate+7.79 pts vs state
31.4%Decision denial rate+8.82 pts vs state
55.9%Origination rate-3.99 pts vs state
7.36%Median rate+0.61 pts vs state
0.31Rate spread (pts)-0.09 pts vs state
$89kMedian applicant income
2,885Loans originated
1,358Denied
Trend in Michigan
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 5,365 | 3,032 | 23.9% | 8.75% | #11 |
| 2024 | 4,824 | 2,688 | 25.3% | 9.02% | #11 |
| 2025 | 5,161 | 2,885 | 26.3% | 7.36% | #10 |
What PNC Bank lends in Michigan
By loan purpose
By loan type
Why it denied Michigan applicants
Where in Michigan
Counties with the most PNC Bank applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Wayne County | 807 | 366 | 289 | 35.8% |
| Oakland County | 774 | 437 | 186 | 24.0% |
| Macomb County | 543 | 325 | 136 | 25.0% |
| Kalamazoo County | 233 | 146 | 44 | 18.9% |
| Kent County | 222 | 139 | 49 | 22.1% |
| Washtenaw County | 222 | 147 | 46 | 20.7% |
| Lapeer County | 177 | 121 | 31 | 17.5% |
| Muskegon County | 169 | 97 | 49 | 29.0% |
| Livingston County | 166 | 117 | 21 | 12.7% |
| Ottawa County | 146 | 83 | 34 | 23.3% |
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% |
| Newrez | D | 4,958 | 18.5% | 6.75% |
Frequently asked questions
Michigan: 5,161 applications in 2025, of which 2,885 were originated and 1,358 denied.
26.3% of all applications, or 31.4% of the applications it actually decided on. The Michigan statewide average across all lenders was 18.5%.
The median rate on loans PNC Bank originated in Michigan in 2025 was 7.36%, against a statewide median of 6.75%.
About this data. Figures are PNC 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