Stifel Bank and Trust · Michigan · 2025

Stifel Bank and Trust in Michigan: approval rate, denial rate and rates (2025)

Stifel Bank and Trust took 102 mortgage applications in Michigan in 2025, ranking #274 of 973 lenders active in the state. It originated 88.2% of them and denied 1.0% (1.1% of the applications it decided), against a statewide denial rate of 18.5%.

102Applicationsin MI
1.1%Decision denial ratestate 22.6%
6.13%Median ratestate 6.75%
$315,000Median loanstate $155,000
$39MVolume31 counties

Stifel Bank and Trust in Michigan vs the state

1.0%Denial rate-17.54 pts vs state
1.1%Decision denial rate-21.49 pts vs state
88.2%Origination rate+28.35 pts vs state
6.13%Median rate-0.63 pts vs state
0.06Rate spread (pts)-0.34 pts vs state
$194kMedian applicant income
90Loans originated
1Denied

Trend in Michigan

YearApplicationsOriginatedDenial rateMedian rateRank in state
202372605.6%6.13%#301
202462488.1%6.25%#327
2025102901.0%6.13%#274

What Stifel Bank and Trust lends in Michigan

By loan purpose

Home purchase 51 50% · 0.0% denied
Refinance 9 9% · 0.0% denied
Cash-out refinance 13 13% · 7.7% denied
Home improvement 1 1% · 0.0% denied
Other / HELOC 28 27% · 0.0% denied

By loan type

Conventional 102 100% · 1.0% denied

Why it denied Michigan applicants

Collateral 1 100%

Where in Michigan

Counties with the most Stifel Bank and Trust applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Oakland County 19170 0.0%
Kent County 990 0.0%
Ottawa County 770 0.0%
Wayne County 730 0.0%
Macomb County 660 0.0%
Genesee County 550 0.0%
Kalamazoo County 550 0.0%
Washtenaw County 540 0.0%
Allegan County 440 0.0%
Grand Traverse County 320 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: 102 applications in 2025, of which 90 were originated and 1 denied.

1.0% of all applications, or 1.1% of the applications it actually decided on. The Michigan statewide average across all lenders was 18.5%.

The median rate on loans Stifel Bank and Trust originated in Michigan in 2025 was 6.13%, against a statewide median of 6.75%.

About this data. Figures are Stifel Bank and Trust'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