Top Flite Financial · Michigan · 2025

Top Flite Financial in Michigan: approval rate, denial rate and rates (2025)

Top Flite Financial took 405 mortgage applications in Michigan in 2025, ranking #143 of 973 lenders active in the state. It originated 62.5% of them and denied 7.7% (10.8% of the applications it decided), against a statewide denial rate of 18.5%.

405Applicationsin MI
10.8%Decision denial ratestate 22.6%
6.75%Median ratestate 6.75%
$175,000Median loanstate $155,000
$51MVolume58 counties

Top Flite Financial in Michigan vs the state

7.7%Denial rate-10.87 pts vs state
10.8%Decision denial rate-11.78 pts vs state
62.5%Origination rate+2.58 pts vs state
6.75%Median rate0.00 pts vs state
0.84Rate spread (pts)+0.44 pts vs state
$70kMedian applicant income
253Loans originated
31Denied

Trend in Michigan

YearApplicationsOriginatedDenial rateMedian rateRank in state
20234052199.9%6.88%#126
202435321815.0%6.75%#144
20254052537.7%6.75%#143

What Top Flite Financial lends in Michigan

By loan purpose

Home purchase 210 52% · 5.2% denied
Refinance 12 3% · 16.7% denied
Cash-out refinance 172 42% · 9.3% denied
Home improvement 11 3% · 18.2% denied

By loan type

Conventional 144 36% · 2.1% denied
FHA 239 59% · 11.3% denied
VA 15 4% · 6.7% denied
USDA / RHS 7 2% · 0.0% denied

Why it denied Michigan applicants

Debt-to-income ratio 11 35%
Other 6 19%
Collateral 5 16%
Unverifiable information 4 13%
Credit history 3 10%
Employment history 2 6%

Where in Michigan

Counties with the most Top Flite Financial applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Kent County 65503 4.6%
Wayne County 39147 17.9%
Macomb County 36223 8.3%
Bay County 29241 3.4%
Oakland County 20110 0.0%
Barry County 16121 6.3%
Allegan County 15131 6.7%
Muskegon County 1570 0.0%
Ottawa County 1490 0.0%
Calhoun County 931 11.1%

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: 405 applications in 2025, of which 253 were originated and 31 denied.

7.7% of all applications, or 10.8% of the applications it actually decided on. The Michigan statewide average across all lenders was 18.5%.

The median rate on loans Top Flite Financial originated in Michigan in 2025 was 6.75%, against a statewide median of 6.75%.

About this data. Figures are Top Flite Financial'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