Texana Bank · Michigan · 2025

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

Texana Bank took 213 mortgage applications in Michigan in 2025, ranking #200 of 973 lenders active in the state. It originated 24.4% of them and denied 3.3% (9.9% of the applications it decided), against a statewide denial rate of 18.5%.

213Applicationsin MI
9.9%Decision denial ratestate 22.6%
6.63%Median ratestate 6.75%
$245,000Median loanstate $155,000
$14MVolume39 counties

Texana Bank in Michigan vs the state

3.3%Denial rate-15.23 pts vs state
9.9%Decision denial rate-12.72 pts vs state
24.4%Origination rate-35.48 pts vs state
6.63%Median rate-0.13 pts vs state
0.40Rate spread (pts)0.00 pts vs state
$82kMedian applicant income
52Loans originated
7Denied

Trend in Michigan

YearApplicationsOriginatedDenial rateMedian rateRank in state
202354011.1%#328
2024102365.9%6.56%#265
2025213523.3%6.63%#200

What Texana Bank lends in Michigan

By loan purpose

Home purchase 96 45% · 2.1% denied
Refinance 47 22% · 4.3% denied
Cash-out refinance 69 32% · 4.4% denied
Other / HELOC 1 0% · 0.0% denied

By loan type

Conventional 105 49% · 0.0% denied
FHA 73 34% · 6.9% denied
VA 32 15% · 3.1% denied
USDA / RHS 3 1% · 33.3% denied

Why it denied Michigan applicants

Debt-to-income ratio 4 57%
Credit history 2 29%
Collateral 1 14%

Where in Michigan

Counties with the most Texana Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Wayne County 3480 0.0%
Oakland County 3482 5.9%
Macomb County 30111 3.3%
St. Clair County 1030 0.0%
Livingston County 1031 10.0%
Washtenaw County 710 0.0%
Kent County 611 16.7%
Gladwin County 500 0.0%
Eaton County 530 0.0%
Saginaw County 510 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: 213 applications in 2025, of which 52 were originated and 7 denied.

3.3% of all applications, or 9.9% of the applications it actually decided on. The Michigan statewide average across all lenders was 18.5%.

The median rate on loans Texana Bank originated in Michigan in 2025 was 6.63%, against a statewide median of 6.75%.

About this data. Figures are Texana Bank'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