Valon Mortgage in Michigan vs the state
19.9%Denial rate+1.38 pts vs state
22.0%Decision denial rate-0.60 pts vs state
56.5%Origination rate-3.42 pts vs state
8.45%Median rate+1.70 pts vs state
2.39Rate spread (pts)+1.99 pts vs state
$98kMedian applicant income
227Loans originated
80Denied
Trend in Michigan
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2024 | 27 | 13 | 22.2% | 6.38% | #402 |
| 2025 | 402 | 227 | 19.9% | 8.45% | #146 |
What Valon Mortgage lends in Michigan
By loan purpose
By loan type
Why it denied Michigan applicants
Where in Michigan
Counties with the most Valon Mortgage applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Oakland County | 75 | 41 | 14 | 18.7% |
| Macomb County | 68 | 41 | 12 | 17.6% |
| Wayne County | 66 | 36 | 11 | 16.7% |
| Kent County | 30 | 15 | 9 | 30.0% |
| Washtenaw County | 23 | 15 | 4 | 17.4% |
| St. Clair County | 15 | 6 | 4 | 26.7% |
| Livingston County | 10 | 3 | 2 | 20.0% |
| Kalamazoo County | 10 | 3 | 4 | 40.0% |
| Ottawa County | 9 | 6 | 0 | 0.0% |
| Monroe County | 8 | 5 | 1 | 12.5% |
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: 402 applications in 2025, of which 227 were originated and 80 denied.
19.9% of all applications, or 22.0% of the applications it actually decided on. The Michigan statewide average across all lenders was 18.5%.
The median rate on loans Valon Mortgage originated in Michigan in 2025 was 8.45%, against a statewide median of 6.75%.
About this data. Figures are Valon Mortgage'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