Mortgage lender · Grand Rapids, MI · LEI 2549004W2JKWS6P17T44

United Bank of Michigan review: approval odds, rates and grade (2025)

United Bank of Michigan earns a D, weaker than most small mortgage lenders. It turned down 14.7% of the applications it decided on in 2025, which ranks in the 32nd percentile for approval odds. Compared against 1,883 small mortgage lenders using 2025 HMDA filings.

504Applications2025
68.5%Originatedof applications
14.7%Decision denial ratenational 22.6%
Median ratenational 6.63%
$102MLoan volume2 states

United Bank of Michigan at a glance, 2025

Every figure is from the lender's own HMDA filing. "vs national" compares with all lenders combined.

11.9%Denial rate (all applications)-6.08 pts vs national
14.7%Denial rate (decided applications)-7.85 pts vs national
68.5%Origination rate+10.42 pts vs national
16.5%Withdrawn by applicant
2.8%Closed for incompleteness
Median interest rate
Median rate spread (pts over APOR)
$220,000Median loan amount
Median total loan costs
$106kMedian applicant income
Median loan-to-value
0High-cost (HOEPA) loans

How the D grade breaks down

Each component is a percentile rank among 1,883 small mortgage lenders. Higher is better. Components the lender does not report are left out and the weights redistributed.

Approval oddsdecision denial rate, weight 45%

32nd14.7% denied

Processwithdrawn + incomplete share, weight 15%

22nd19.3%

Trend, 2023–2025

YearApplicationsOriginatedDenial rateDecision denialMedian rateVolume
202349029818.0%22.6%7.00%$95M
202447131515.3%18.5%$82M
202550434511.9%14.7%$102M

What United Bank of Michigan lends

Applications by purpose and loan type in 2025, with the denial rate for each. A lender's mix explains a lot of its headline rate: HELOCs and FHA loans are denied far more often than conventional purchase loans.

By loan purpose

Home purchase 304 60% · 9.9% denied
Refinance 68 13% · 7.4% denied
Cash-out refinance 68 13% · 25.0% denied
Home improvement 38 8% · 10.5% denied
Other / HELOC 26 5% · 15.4% denied

By loan type

Conventional 504 100% · 11.9% denied

Also: 0 home-equity lines, 0 reverse mortgages, 45 manufactured homes, 81 investment properties.

Who gets approved at United Bank of Michigan

Decision denial rate by applicant profile. Groups with fewer than 20 applications are omitted.

Applicant incomeApplicationsOriginatedDecision denial rate
Under $50k472539.0%
$50k – $100k1529120.9%
$100k – $150k1188410.6%
$150k – $250k72527.1%
Over $250k44299.4%
Applicant ageApplicationsOriginatedDecision denial rate
Under 25372812.5%
25–341279810.1%
35–44784525.0%
45–54784225.0%
55–64754318.9%
65–7439276.9%

Where United Bank of Michigan lends

2 states and 36 counties in 2025. Click a state for the lender's full record there.

StateApplicationsOriginatedDenial rateMedian rateRank in state
Michigan50334511.7%#128

Frequently asked questions

United Bank of Michigan denied 14.7% of the applications it decided on in 2025. The national figure across all lenders was 22.6%. On approval odds it ranks in the 32nd percentile of small mortgage lenders.

In 2025, 60% of its applications were for home purchases, 27% for refinancing (including cash-out), and 13% for home improvement or other purposes. By loan type: 100% conventional, 0% FHA, 0% VA.

Every figure on this page comes from the Home Mortgage Disclosure Act (HMDA) Loan/Application Register published by the CFPB, which lenders are required by federal law to file. We add the grade and the comparisons; we do not add facts.

About this data. HMDA data is published once a year by the CFPB. The current release covers applications acted on in calendar year 2025. Figures describe applications the lender acted on, including loans it later sold. Interest rates and costs are medians on originated loans only; some depository institutions are exempt from reporting pricing fields, which is why a few cells read "—". MortgageGrades is not affiliated with United Bank of Michigan. Data sources · Methodology