Resicentral · Michigan · 2025

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

Resicentral took 105 mortgage applications in Michigan in 2025, ranking #269 of 973 lenders active in the state. It originated 75.2% of them and denied 1.0% (1.2% of the applications it decided), against a statewide denial rate of 18.5%.

105Applicationsin MI
1.2%Decision denial ratestate 22.6%
7.13%Median ratestate 6.75%
$315,000Median loanstate $155,000
$29MVolume16 counties

Resicentral in Michigan vs the state

1.0%Denial rate-17.57 pts vs state
1.2%Decision denial rate-21.42 pts vs state
75.2%Origination rate+15.35 pts vs state
7.13%Median rate+0.38 pts vs state
0.78Rate spread (pts)+0.38 pts vs state
$141kMedian applicant income
79Loans originated
1Denied

Trend in Michigan

YearApplicationsOriginatedDenial rateMedian rateRank in state
202384742.4%7.88%#284
20242121971.4%7.63%#188
2025105791.0%7.13%#269

What Resicentral lends in Michigan

By loan purpose

Home purchase 53 50% · 1.9% denied
Refinance 41 39% · 0.0% denied
Cash-out refinance 10 10% · 0.0% denied
Home improvement 1 1% · 0.0% denied

By loan type

Conventional 96 91% · 0.0% denied
FHA 6 6% · 16.7% denied
VA 3 3% · 0.0% denied

Why it denied Michigan applicants

Debt-to-income ratio 1 100%

Where in Michigan

Counties with the most Resicentral applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Oakland County 47350 0.0%
Wayne County 14111 7.1%
Macomb County 1290 0.0%
Washtenaw County 10100 0.0%
Genesee County 540 0.0%
Shiawassee County 420 0.0%
St. Clair County 210 0.0%
Ingham County 220 0.0%
Livingston County 210 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: 105 applications in 2025, of which 79 were originated and 1 denied.

1.0% of all applications, or 1.2% of the applications it actually decided on. The Michigan statewide average across all lenders was 18.5%.

The median rate on loans Resicentral originated in Michigan in 2025 was 7.13%, against a statewide median of 6.75%.

About this data. Figures are Resicentral'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