University Bank in Michigan vs the state
4.2%Denial rate-14.37 pts vs state
5.1%Decision denial rate-17.53 pts vs state
77.7%Origination rate+17.80 pts vs state
6.63%Median rate-0.13 pts vs state
0.26Rate spread (pts)-0.14 pts vs state
$92kMedian applicant income
505Loans originated
27Denied
Trend in Michigan
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 566 | 434 | 1.6% | 6.88% | #94 |
| 2024 | 535 | 427 | 1.7% | 6.99% | #111 |
| 2025 | 650 | 505 | 4.2% | 6.63% | #106 |
What University Bank lends in Michigan
By loan purpose
By loan type
Why it denied Michigan applicants
Where in Michigan
Counties with the most University Bank applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Washtenaw County | 279 | 220 | 8 | 2.9% |
| Wayne County | 93 | 61 | 10 | 10.8% |
| Macomb County | 77 | 63 | 0 | 0.0% |
| Oakland County | 41 | 29 | 7 | 17.1% |
| Livingston County | 32 | 27 | 0 | 0.0% |
| St. Clair County | 21 | 19 | 0 | 0.0% |
| Jackson County | 17 | 13 | 1 | 5.9% |
| Lenawee County | 14 | 13 | 0 | 0.0% |
| Genesee County | 11 | 9 | 0 | 0.0% |
| Monroe County | 9 | 7 | 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: 650 applications in 2025, of which 505 were originated and 27 denied.
4.2% of all applications, or 5.1% of the applications it actually decided on. The Michigan statewide average across all lenders was 18.5%.
The median rate on loans University Bank originated in Michigan in 2025 was 6.63%, against a statewide median of 6.75%.
About this data. Figures are University Bank'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