Traditional Mortgage Acceptance in Michigan vs the state
5.6%Denial rate-12.96 pts vs state
6.3%Decision denial rate-16.33 pts vs state
79.6%Origination rate+19.74 pts vs state
5.75%Median rate-1.00 pts vs state
—Rate spread (pts)
$25kMedian applicant income
43Loans originated
3Denied
Trend in Michigan
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2024 | 14 | 11 | 21.4% | 6.50% | #463 |
| 2025 | 54 | 43 | 5.6% | 5.75% | #341 |
What Traditional Mortgage Acceptance lends in Michigan
By loan purpose
By loan type
Why it denied Michigan applicants
Where in Michigan
Counties with the most Traditional Mortgage Acceptance applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Wayne County | 10 | 7 | 1 | 10.0% |
| Oakland County | 6 | 4 | 0 | 0.0% |
| Kent County | 6 | 5 | 0 | 0.0% |
| Allegan County | 3 | 3 | 0 | 0.0% |
| Monroe County | 3 | 2 | 1 | 33.3% |
| Grand Traverse County | 2 | 2 | 0 | 0.0% |
| Kalamazoo County | 2 | 2 | 0 | 0.0% |
| Washtenaw County | 2 | 1 | 1 | 50.0% |
| Ottawa County | 2 | 2 | 0 | 0.0% |
| St. Clair County | 2 | 2 | 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: 54 applications in 2025, of which 43 were originated and 3 denied.
5.6% of all applications, or 6.3% of the applications it actually decided on. The Michigan statewide average across all lenders was 18.5%.
The median rate on loans Traditional Mortgage Acceptance originated in Michigan in 2025 was 5.75%, against a statewide median of 6.75%.
About this data. Figures are Traditional Mortgage Acceptance'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