Royal United Mortgage · Michigan · 2025

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

Royal United Mortgage took 364 mortgage applications in Michigan in 2025, ranking #154 of 973 lenders active in the state. It originated 54.7% of them and denied 28.9% (33.6% of the applications it decided), against a statewide denial rate of 18.5%.

364Applicationsin MI
33.6%Decision denial ratestate 22.6%
6.75%Median ratestate 6.75%
$85,000Median loanstate $155,000
$21MVolume69 counties

Royal United Mortgage in Michigan vs the state

28.9%Denial rate+10.33 pts vs state
33.6%Decision denial rate+10.97 pts vs state
54.7%Origination rate-5.22 pts vs state
6.75%Median rate0.00 pts vs state
1.02Rate spread (pts)+0.62 pts vs state
$41kMedian applicant income
199Loans originated
105Denied

Trend in Michigan

YearApplicationsOriginatedDenial rateMedian rateRank in state
202341923031.3%7.00%#122
202448826730.5%6.88%#116
202536419928.9%6.75%#154

What Royal United Mortgage lends in Michigan

By loan purpose

Home purchase 14 4% · 21.4% denied
Refinance 350 96% · 29.1% denied

By loan type

Conventional 307 84% · 25.7% denied
FHA 42 12% · 50.0% denied
VA 14 4% · 28.6% denied
USDA / RHS 1 0% · 100.0% denied

Why it denied Michigan applicants

Collateral 51 49%
Incomplete application 22 21%
Unverifiable information 11 10%
Credit history 10 10%
Debt-to-income ratio 8 8%
Employment history 3 3%

Where in Michigan

Counties with the most Royal United Mortgage applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Wayne County 844024 28.6%
Genesee County 231210 43.5%
Macomb County 1584 26.7%
Oakland County 1482 14.3%
Kent County 1476 42.9%
Jackson County 1291 8.3%
Calhoun County 1264 33.3%
Saginaw County 1264 33.3%
Berrien County 1182 18.2%
Ingham County 1172 18.2%

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: 364 applications in 2025, of which 199 were originated and 105 denied.

28.9% of all applications, or 33.6% of the applications it actually decided on. The Michigan statewide average across all lenders was 18.5%.

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

About this data. Figures are Royal United 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