Synergy One Lending · Michigan · 2025

Synergy One Lending in Michigan: approval rate, denial rate and rates (2025)

Synergy One Lending took 19 mortgage applications in Michigan in 2025, ranking #443 of 973 lenders active in the state. It originated 73.7% of them and denied 5.3% (6.7% of the applications it decided), against a statewide denial rate of 18.5%.

19Applicationsin MI
6.7%Decision denial ratestate 22.6%
7.19%Median ratestate 6.75%
$205,000Median loanstate $155,000
$2.9MVolume11 counties

Synergy One Lending in Michigan vs the state

5.3%Denial rate-13.26 pts vs state
6.7%Decision denial rate-15.91 pts vs state
73.7%Origination rate+13.79 pts vs state
7.19%Median rate+0.44 pts vs state
1.04Rate spread (pts)+0.64 pts vs state
$144kMedian applicant income
14Loans originated
1Denied

Trend in Michigan

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231288.3%6.88%#479
202423921.7%6.75%#419
202519145.3%7.19%#443

What Synergy One Lending lends in Michigan

By loan purpose

Home purchase 13 68% · 7.7% denied
Refinance 4 21% · 0.0% denied
Cash-out refinance 2 11% · 0.0% denied

By loan type

Conventional 16 84% · 6.3% denied
FHA 3 16% · 0.0% denied

Why it denied Michigan applicants

Debt-to-income ratio 1 100%

Where in Michigan

Counties with the most Synergy One Lending applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Ingham County 440 0.0%
Hillsdale County 320 0.0%
Kent County 210 0.0%
Wayne County 210 0.0%
Bay County 211 50.0%
Oceana County 110 0.0%
Grand Traverse County 100 0.0%
Berrien County 110 0.0%
Marquette County 110 0.0%
Antrim 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: 19 applications in 2025, of which 14 were originated and 1 denied.

5.3% of all applications, or 6.7% of the applications it actually decided on. The Michigan statewide average across all lenders was 18.5%.

The median rate on loans Synergy One Lending originated in Michigan in 2025 was 7.19%, against a statewide median of 6.75%.

About this data. Figures are Synergy One Lending'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