Provident Funding Associates · Michigan · 2025

Provident Funding Associates in Michigan: approval rate, denial rate and rates (2025)

Provident Funding Associates took 265 mortgage applications in Michigan in 2025, ranking #187 of 973 lenders active in the state. It originated 53.2% of them and denied 15.1% (21.6% of the applications it decided), against a statewide denial rate of 18.5%.

265Applicationsin MI
21.6%Decision denial ratestate 22.6%
6.38%Median ratestate 6.75%
$305,000Median loanstate $155,000
$47MVolume36 counties

Provident Funding Associates in Michigan vs the state

15.1%Denial rate-3.43 pts vs state
21.6%Decision denial rate-0.96 pts vs state
53.2%Origination rate-6.68 pts vs state
6.38%Median rate-0.38 pts vs state
-0.01Rate spread (pts)-0.41 pts vs state
$142kMedian applicant income
141Loans originated
40Denied

Trend in Michigan

YearApplicationsOriginatedDenial rateMedian rateRank in state
20233932288.1%6.38%#128
202439021910.5%6.63%#136
202526514115.1%6.38%#187

What Provident Funding Associates lends in Michigan

By loan purpose

Home purchase 176 66% · 11.4% denied
Refinance 76 29% · 15.8% denied
Cash-out refinance 13 5% · 61.5% denied

By loan type

Conventional 265 100% · 15.1% denied

Why it denied Michigan applicants

Collateral 24 60%
Other 5 13%
Credit history 5 13%
Debt-to-income ratio 3 8%
Unverifiable information 2 5%
Employment history 1 3%

Where in Michigan

Counties with the most Provident Funding Associates applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Oakland County 1036412 11.7%
Wayne County 37213 8.1%
Macomb County 31149 29.0%
Washtenaw County 1362 15.4%
Livingston County 1044 40.0%
Kent County 822 25.0%
Kalamazoo County 750 0.0%
Berrien County 712 28.6%
Eaton County 622 33.3%
Ingham County 550 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: 265 applications in 2025, of which 141 were originated and 40 denied.

15.1% of all applications, or 21.6% of the applications it actually decided on. The Michigan statewide average across all lenders was 18.5%.

The median rate on loans Provident Funding Associates originated in Michigan in 2025 was 6.38%, against a statewide median of 6.75%.

About this data. Figures are Provident Funding Associates'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