The Stephenson National Bank and Trust in Michigan vs the state
8.1%Denial rate-10.46 pts vs state
8.1%Decision denial rate-14.52 pts vs state
79.0%Origination rate+19.14 pts vs state
—Median rate
—Rate spread (pts)
$123kMedian applicant income
49Loans originated
5Denied
Trend in Michigan
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 72 | 58 | 8.3% | — | #303 |
| 2024 | 51 | 36 | 13.7% | — | #348 |
| 2025 | 62 | 49 | 8.1% | — | #330 |
What The Stephenson National Bank and Trust lends in Michigan
By loan purpose
By loan type
Why it denied Michigan applicants
Where in Michigan
Counties with the most The Stephenson National Bank and Trust applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Menominee County | 58 | 46 | 4 | 6.9% |
| Marquette County | 1 | 1 | 0 | 0.0% |
| Iron County | 1 | 1 | 0 | 0.0% |
| Dickinson County | 1 | 0 | 1 | 100.0% |
| Gogebic County | 1 | 1 | 0 | 0.0% |
Other large lenders in Michigan
| Lender | Grade | Applications | Denial rate | Median rate |
|---|---|---|---|---|
| Rocket Mortgage | C | 30,644 | 16.3% | 6.75% |
| United Shore Financial Services | B | 29,330 | 11.7% | 6.60% |
| The Huntington National Bank | D | 20,047 | 30.0% | 7.49% |
| Lake Michigan Credit Union | A | 16,662 | 5.6% | 6.75% |
| Fifth Third Bank | D | 11,176 | 26.4% | 7.50% |
| 21st Mortgage | F | 7,424 | 53.4% | 11.04% |
| Citizens Bank | C | 6,592 | 29.0% | 7.65% |
| Triad Financial Services | D | 6,426 | 56.1% | 8.49% |
| Union Home Mortgage | B | 5,303 | 4.3% | 6.75% |
| PNC Bank | D | 5,161 | 26.3% | 7.36% |
Frequently asked questions
Michigan: 62 applications in 2025, of which 49 were originated and 5 denied.
8.1% of all applications, or 8.1% of the applications it actually decided on. The Michigan statewide average across all lenders was 18.5%.
This lender did not report interest rates on its originated loans (some institutions are exempt from HMDA pricing fields).
About this data. Figures are The Stephenson National 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