Stg Mortgage · Michigan · 2025

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

Stg Mortgage took 31 mortgage applications in Michigan in 2025, ranking #384 of 973 lenders active in the state. It originated 48.4% of them and denied 3.2% (5.3% of the applications it decided), against a statewide denial rate of 18.5%.

31Applicationsin MI
5.3%Decision denial ratestate 22.6%
6.75%Median ratestate 6.75%
$295,000Median loanstate $155,000
$4.8MVolume11 counties

Stg Mortgage in Michigan vs the state

3.2%Denial rate-15.29 pts vs state
5.3%Decision denial rate-17.32 pts vs state
48.4%Origination rate-11.50 pts vs state
6.75%Median rate0.00 pts vs state
0.41Rate spread (pts)+0.01 pts vs state
$150kMedian applicant income
15Loans originated
1Denied

Trend in Michigan

YearApplicationsOriginatedDenial rateMedian rateRank in state
202313415.4%7.69%#471
20248412.5%6.25%#530
202531153.2%6.75%#384

What Stg Mortgage lends in Michigan

By loan purpose

Home purchase 21 68% · 4.8% denied
Refinance 6 19% · 0.0% denied
Cash-out refinance 4 13% · 0.0% denied

By loan type

Conventional 28 90% · 3.6% denied
FHA 3 10% · 0.0% denied

Why it denied Michigan applicants

Debt-to-income ratio 1 100%

Where in Michigan

Counties with the most Stg Mortgage applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Oakland County 970 0.0%
Wayne County 740 0.0%
Macomb County 410 0.0%
Kent County 300 0.0%
St. Clair County 200 0.0%
Benzie County 110 0.0%
Genesee County 110 0.0%
Clinton County 100 0.0%
Midland County 101 100.0%
Eaton 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: 31 applications in 2025, of which 15 were originated and 1 denied.

3.2% of all applications, or 5.3% of the applications it actually decided on. The Michigan statewide average across all lenders was 18.5%.

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

About this data. Figures are Stg 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