Securitynational Mortgage · Michigan · 2025

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

Securitynational Mortgage took 9 mortgage applications in Michigan in 2025, ranking #528 of 973 lenders active in the state. It originated 22.2% of them and denied 33.3% (60.0% of the applications it decided), against a statewide denial rate of 18.5%.

9Applicationsin MI
60.0%Decision denial ratestate 22.6%
6.75%Median ratestate 6.75%
$285,000Median loanstate $155,000
$500kVolume5 counties

Securitynational Mortgage in Michigan vs the state

33.3%Denial rate+14.81 pts vs state
60.0%Decision denial rate+37.42 pts vs state
22.2%Origination rate-37.67 pts vs state
6.75%Median rate0.00 pts vs state
0.27Rate spread (pts)-0.13 pts vs state
$89kMedian applicant income
2Loans originated
3Denied

Trend in Michigan

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231270.0%6.63%#486
2024540.0%7.88%#580
20259233.3%6.75%#528

What Securitynational Mortgage lends in Michigan

By loan purpose

Home purchase 7 78% · 28.6% denied
Cash-out refinance 2 22% · 50.0% denied

By loan type

Conventional 5 56% · 20.0% denied
FHA 3 33% · 66.7% denied
VA 1 11% · 0.0% denied

Why it denied Michigan applicants

Debt-to-income ratio 2 67%
Unverifiable information 1 33%

Where in Michigan

Counties with the most Securitynational Mortgage applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Washtenaw County 311 33.3%
Wayne County 302 66.7%
Alcona County 110 0.0%
Oakland County 100 0.0%
Ingham County 100 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: 9 applications in 2025, of which 2 were originated and 3 denied.

33.3% of all applications, or 60.0% of the applications it actually decided on. The Michigan statewide average across all lenders was 18.5%.

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

About this data. Figures are Securitynational 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