United Shore Financial Services · Michigan · 2025

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

United Shore Financial Services took 29,330 mortgage applications in Michigan in 2025, ranking #2 of 973 lenders active in the state. It originated 75.1% of them and denied 11.7% (13.3% of the applications it decided), against a statewide denial rate of 18.5%.

29kApplicationsin MI
13.3%Decision denial ratestate 22.6%
6.60%Median ratestate 6.75%
$225,000Median loanstate $155,000
$5.8BVolume82 counties

United Shore Financial Services in Michigan vs the state

11.7%Denial rate-6.78 pts vs state
13.3%Decision denial rate-9.29 pts vs state
75.1%Origination rate+15.17 pts vs state
6.60%Median rate-0.15 pts vs state
0.29Rate spread (pts)-0.11 pts vs state
$86kMedian applicant income
22,015Loans originated
3,442Denied

Trend in Michigan

YearApplicationsOriginatedDenial rateMedian rateRank in state
202318,80014,51110.8%6.98%#3
202423,81518,32811.3%6.75%#2
202529,33022,01511.7%6.60%#2

What United Shore Financial Services lends in Michigan

By loan purpose

Home purchase 16,320 56% · 8.2% denied
Refinance 6,751 23% · 12.2% denied
Cash-out refinance 6,259 21% · 20.6% denied

By loan type

Conventional 20,805 71% · 10.1% denied
FHA 5,894 20% · 19.4% denied
VA 2,584 9% · 7.9% denied
USDA / RHS 47 0% · 6.4% denied

Why it denied Michigan applicants

Collateral 1,212 35%
Debt-to-income ratio 1,104 32%
Insufficient cash 540 16%
Other 259 8%
Credit history 225 7%
Unverifiable information 85 2%
Employment history 15 0%
Incomplete application 2 0%

Where in Michigan

Counties with the most United Shore Financial Services applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Wayne County 7,3285,3121,054 14.4%
Oakland County 5,8654,594557 9.5%
Macomb County 4,5573,489542 11.9%
Kent County 1,137881111 9.8%
Genesee County 1,034748124 12.0%
Washtenaw County 68354858 8.5%
Livingston County 62050055 8.9%
Ottawa County 46936255 11.7%
Ingham County 46633269 14.8%
St. Clair County 41228445 10.9%

Other large lenders in Michigan

LenderGradeApplicationsDenial rateMedian rate
Rocket MortgageC 30,64416.3%6.75%
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%
NewrezD 4,95818.5%6.75%

Frequently asked questions

Michigan: 29,330 applications in 2025, of which 22,015 were originated and 3,442 denied.

11.7% of all applications, or 13.3% of the applications it actually decided on. The Michigan statewide average across all lenders was 18.5%.

The median rate on loans United Shore Financial Services originated in Michigan in 2025 was 6.60%, against a statewide median of 6.75%.

About this data. Figures are United Shore 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