Regions Bank · Michigan · 2025

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

Regions Bank took 20 mortgage applications in Michigan in 2025, ranking #438 of 973 lenders active in the state. It originated 50.0% of them and denied 25.0% (33.3% of the applications it decided), against a statewide denial rate of 18.5%.

20Applicationsin MI
33.3%Decision denial ratestate 22.6%
6.31%Median ratestate 6.75%
$255,000Median loanstate $155,000
$4.7MVolume13 counties

Regions Bank in Michigan vs the state

25.0%Denial rate+6.48 pts vs state
33.3%Decision denial rate+10.75 pts vs state
50.0%Origination rate-9.89 pts vs state
6.31%Median rate-0.44 pts vs state
-0.09Rate spread (pts)-0.49 pts vs state
$138kMedian applicant income
10Loans originated
5Denied

Trend in Michigan

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023291713.8%6.25%#383
2024221227.3%6.14%#424
2025201025.0%6.31%#438

What Regions Bank lends in Michigan

By loan purpose

Home purchase 15 75% · 13.3% denied
Refinance 1 5% · 0.0% denied
Cash-out refinance 2 10% · 50.0% denied
Home improvement 1 5% · 100.0% denied
Other / HELOC 1 5% · 100.0% denied

By loan type

Conventional 15 75% · 26.7% denied
FHA 3 15% · 33.3% denied
VA 2 10% · 0.0% denied

Why it denied Michigan applicants

Debt-to-income ratio 2 40%
Other 1 20%
Unverifiable information 1 20%
Credit history 1 20%

Where in Michigan

Counties with the most Regions Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Oakland County 310 0.0%
Wayne County 301 33.3%
Kalamazoo County 202 100.0%
Berrien County 220 0.0%
Ottawa County 210 0.0%
St. Joseph County 101 100.0%
Livingston County 101 100.0%
Newaygo County 110 0.0%
Ingham County 110 0.0%
Jackson 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: 20 applications in 2025, of which 10 were originated and 5 denied.

25.0% of all applications, or 33.3% of the applications it actually decided on. The Michigan statewide average across all lenders was 18.5%.

The median rate on loans Regions Bank originated in Michigan in 2025 was 6.31%, against a statewide median of 6.75%.

About this data. Figures are Regions 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