Range Bank · Michigan · 2025

Range Bank in Michigan: approval rate, denial rate and rates (2025)

Range Bank took 314 mortgage applications in Michigan in 2025, ranking #168 of 973 lenders active in the state. It originated 90.5% of them and denied 2.6% (2.6% of the applications it decided), against a statewide denial rate of 18.5%.

314Applicationsin MI
2.6%Decision denial ratestate 22.6%
Median ratestate 6.75%
$145,000Median loanstate $155,000
$54MVolume10 counties

Range Bank in Michigan vs the state

2.6%Denial rate-15.97 pts vs state
2.6%Decision denial rate-20.02 pts vs state
90.5%Origination rate+30.56 pts vs state
Median rate
Rate spread (pts)
$93kMedian applicant income
284Loans originated
8Denied

Trend in Michigan

YearApplicationsOriginatedDenial rateMedian rateRank in state
20233032622.6%7.00%#149
20242952594.1%#168
20253142842.6%#168

What Range Bank lends in Michigan

By loan purpose

Home purchase 165 53% · 2.4% denied
Refinance 44 14% · 2.3% denied
Cash-out refinance 44 14% · 4.6% denied
Home improvement 12 4% · 0.0% denied
Other / HELOC 49 16% · 2.0% denied

By loan type

Conventional 314 100% · 2.6% denied

Where in Michigan

Counties with the most Range Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Marquette County 1631503 1.8%
Houghton County 104925 4.8%
Dickinson County 18170 0.0%
Alger County 860 0.0%
Keweenaw County 660 0.0%
Baraga County 660 0.0%
Delta County 440 0.0%
Menominee County 220 0.0%
Iron County 100 0.0%
Luce 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: 314 applications in 2025, of which 284 were originated and 8 denied.

2.6% of all applications, or 2.6% of the applications it actually decided on. The Michigan statewide average across all lenders was 18.5%.

This lender did not report interest rates on its originated loans (some institutions are exempt from HMDA pricing fields).

About this data. Figures are Range 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