Van Dyk Mortgage · Michigan · 2025

Van Dyk Mortgage in Michigan: approval rate, denial rate and rates (2025)

Van Dyk Mortgage took 598 mortgage applications in Michigan in 2025, ranking #114 of 973 lenders active in the state. It originated 73.8% of them and denied 1.3% (1.8% of the applications it decided), against a statewide denial rate of 18.5%.

598Applicationsin MI
1.8%Decision denial ratestate 22.6%
6.63%Median ratestate 6.75%
$215,000Median loanstate $155,000
$106MVolume46 counties

Van Dyk Mortgage in Michigan vs the state

1.3%Denial rate-17.18 pts vs state
1.8%Decision denial rate-20.81 pts vs state
73.8%Origination rate+13.86 pts vs state
6.63%Median rate-0.13 pts vs state
0.34Rate spread (pts)-0.06 pts vs state
$77kMedian applicant income
441Loans originated
8Denied

Trend in Michigan

YearApplicationsOriginatedDenial rateMedian rateRank in state
20236204521.8%7.00%#90
20245904231.2%6.88%#104
20255984411.3%6.63%#114

What Van Dyk Mortgage lends in Michigan

By loan purpose

Home purchase 417 70% · 1.9% denied
Refinance 110 18% · 0.0% denied
Cash-out refinance 67 11% · 0.0% denied
Home improvement 4 1% · 0.0% denied

By loan type

Conventional 337 56% · 0.6% denied
FHA 203 34% · 3.0% denied
VA 47 8% · 0.0% denied
USDA / RHS 11 2% · 0.0% denied

Why it denied Michigan applicants

Debt-to-income ratio 2 25%
Collateral 2 25%
Employment history 2 25%
Credit history 1 13%
Insufficient cash 1 13%

Where in Michigan

Counties with the most Van Dyk Mortgage applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Muskegon County 2752012 0.7%
Kent County 57311 1.8%
Ingham County 50460 0.0%
Ottawa County 26190 0.0%
Clinton County 24201 4.2%
Montcalm County 21171 4.8%
Newaygo County 16110 0.0%
Eaton County 16150 0.0%
Ionia County 13110 0.0%
Livingston County 1080 0.0%

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%
Triad Financial ServicesD 6,42656.1%8.49%
Union Home MortgageB 5,3034.3%6.75%
PNC BankD 5,16126.3%7.36%

Frequently asked questions

Michigan: 598 applications in 2025, of which 441 were originated and 8 denied.

1.3% of all applications, or 1.8% of the applications it actually decided on. The Michigan statewide average across all lenders was 18.5%.

The median rate on loans Van Dyk Mortgage originated in Michigan in 2025 was 6.63%, against a statewide median of 6.75%.

About this data. Figures are Van Dyk 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