Triad Financial Services · Michigan · 2025

Triad Financial Services in Michigan: approval rate, denial rate and rates (2025)

Triad Financial Services took 6,426 mortgage applications in Michigan in 2025, ranking #8 of 973 lenders active in the state. It originated 19.4% of them and denied 56.1% (56.1% of the applications it decided), against a statewide denial rate of 18.5%.

6.4kApplicationsin MI
56.1%Decision denial ratestate 22.6%
8.49%Median ratestate 6.75%
$65,000Median loanstate $155,000
$84MVolume66 counties

Triad Financial Services in Michigan vs the state

56.1%Denial rate+37.53 pts vs state
56.1%Decision denial rate+33.51 pts vs state
19.4%Origination rate-40.52 pts vs state
8.49%Median rate+1.74 pts vs state
2.85Rate spread (pts)+2.45 pts vs state
$52kMedian applicant income
1,245Loans originated
3,602Denied

Trend in Michigan

YearApplicationsOriginatedDenial rateMedian rateRank in state
20237,8821,39953.8%9.99%#5
20246,1821,29453.2%6.99%#8
20256,4261,24556.1%8.49%#8

What Triad Financial Services lends in Michigan

By loan purpose

Home purchase 6,351 99% · 56.1% denied
Refinance 75 1% · 52.0% denied

By loan type

Conventional 6,426 100% · 56.1% denied

Why it denied Michigan applicants

Debt-to-income ratio 2,102 58%
Credit history 1,027 29%
Other 249 7%
Incomplete application 150 4%
Collateral 35 1%
Employment history 21 1%
Unverifiable information 11 0%
Insufficient cash 7 0%

Where in Michigan

Counties with the most Triad Financial Services applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Wayne County 782120495 63.3%
Kent County 760155422 55.5%
Macomb County 632113356 56.3%
Ottawa County 571124296 51.8%
Oakland County 44673274 61.4%
Washtenaw County 41470247 59.7%
Genesee County 29060147 50.7%
Livingston County 22151108 48.9%
Monroe County 21958113 51.6%
Muskegon County 21447109 50.9%

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%
Union Home MortgageB 5,3034.3%6.75%
PNC BankD 5,16126.3%7.36%
NewrezD 4,95818.5%6.75%

Frequently asked questions

Michigan: 6,426 applications in 2025, of which 1,245 were originated and 3,602 denied.

56.1% of all applications, or 56.1% of the applications it actually decided on. The Michigan statewide average across all lenders was 18.5%.

The median rate on loans Triad Financial Services originated in Michigan in 2025 was 8.49%, against a statewide median of 6.75%.

About this data. Figures are Triad Financial Services'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