Ross Mortgage · Michigan · 2025

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

Ross Mortgage took 774 mortgage applications in Michigan in 2025, ranking #94 of 973 lenders active in the state. It originated 80.6% of them and denied 2.5% (2.9% of the applications it decided), against a statewide denial rate of 18.5%.

774Applicationsin MI
2.9%Decision denial ratestate 22.6%
6.63%Median ratestate 6.75%
$225,000Median loanstate $155,000
$170MVolume42 counties

Ross Mortgage in Michigan vs the state

2.5%Denial rate-16.07 pts vs state
2.9%Decision denial rate-19.67 pts vs state
80.6%Origination rate+20.73 pts vs state
6.63%Median rate-0.13 pts vs state
0.41Rate spread (pts)+0.01 pts vs state
$96kMedian applicant income
624Loans originated
19Denied

Trend in Michigan

YearApplicationsOriginatedDenial rateMedian rateRank in state
20236945943.2%6.88%#87
20247866293.1%6.88%#85
20257746242.5%6.63%#94

What Ross Mortgage lends in Michigan

By loan purpose

Home purchase 573 74% · 2.8% denied
Refinance 129 17% · 1.6% denied
Cash-out refinance 72 9% · 1.4% denied

By loan type

Conventional 569 74% · 1.4% denied
FHA 156 20% · 4.5% denied
VA 43 6% · 4.7% denied
USDA / RHS 6 1% · 33.3% denied

Why it denied Michigan applicants

Collateral 6 32%
Credit history 5 26%
Other 3 16%
Debt-to-income ratio 3 16%
Unverifiable information 2 11%

Where in Michigan

Counties with the most Ross Mortgage applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Oakland County 2442013 1.2%
Wayne County 2021655 2.5%
Genesee County 82711 1.2%
Macomb County 81633 3.7%
St. Clair County 40264 10.0%
Livingston County 22190 0.0%
Lapeer County 14110 0.0%
Saginaw County 12100 0.0%
Jackson County 971 11.1%
Monroe County 870 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: 774 applications in 2025, of which 624 were originated and 19 denied.

2.5% of all applications, or 2.9% of the applications it actually decided on. The Michigan statewide average across all lenders was 18.5%.

The median rate on loans Ross Mortgage originated in Michigan in 2025 was 6.63%, against a statewide median of 6.75%.

About this data. Figures are Ross Mortgage'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