Toll Brothers Mortgage in Michigan vs the state
13.9%Denial rate-4.61 pts vs state
15.2%Decision denial rate-7.34 pts vs state
39.1%Origination rate-20.76 pts vs state
6.38%Median rate-0.38 pts vs state
0.23Rate spread (pts)-0.17 pts vs state
$230kMedian applicant income
45Loans originated
16Denied
Trend in Michigan
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 117 | 62 | 6.0% | 6.49% | #249 |
| 2024 | 97 | 35 | 8.3% | 6.63% | #270 |
| 2025 | 115 | 45 | 13.9% | 6.38% | #257 |
What Toll Brothers Mortgage lends in Michigan
By loan purpose
By loan type
Why it denied Michigan applicants
Where in Michigan
Counties with the most Toll Brothers Mortgage applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Oakland County | 76 | 29 | 13 | 17.1% |
| Washtenaw County | 20 | 7 | 1 | 5.0% |
| Wayne County | 19 | 9 | 2 | 10.5% |
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: 115 applications in 2025, of which 45 were originated and 16 denied.
13.9% of all applications, or 15.2% of the applications it actually decided on. The Michigan statewide average across all lenders was 18.5%.
The median rate on loans Toll Brothers Mortgage originated in Michigan in 2025 was 6.38%, against a statewide median of 6.75%.
About this data. Figures are Toll Brothers 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