Village Capital & Investment in Michigan vs the state
26.5%Denial rate+7.98 pts vs state
35.8%Decision denial rate+13.18 pts vs state
29.3%Origination rate-30.63 pts vs state
5.75%Median rate-1.00 pts vs state
—Rate spread (pts)
$72kMedian applicant income
244Loans originated
221Denied
Trend in Michigan
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 421 | 86 | 19.0% | 6.25% | #120 |
| 2024 | 841 | 266 | 15.0% | 5.99% | #81 |
| 2025 | 834 | 244 | 26.5% | 5.75% | #87 |
What Village Capital & Investment lends in Michigan
By loan purpose
By loan type
Why it denied Michigan applicants
Where in Michigan
Counties with the most Village Capital & Investment applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Wayne County | 127 | 23 | 37 | 29.1% |
| Macomb County | 92 | 25 | 22 | 23.9% |
| Oakland County | 80 | 24 | 26 | 32.5% |
| Genesee County | 62 | 26 | 7 | 11.3% |
| Kent County | 40 | 16 | 12 | 30.0% |
| Muskegon County | 27 | 4 | 10 | 37.0% |
| Ingham County | 23 | 5 | 8 | 34.8% |
| St. Clair County | 22 | 7 | 5 | 22.7% |
| Saginaw County | 22 | 3 | 11 | 50.0% |
| Calhoun County | 19 | 6 | 4 | 21.1% |
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: 834 applications in 2025, of which 244 were originated and 221 denied.
26.5% of all applications, or 35.8% of the applications it actually decided on. The Michigan statewide average across all lenders was 18.5%.
The median rate on loans Village Capital & Investment originated in Michigan in 2025 was 5.75%, against a statewide median of 6.75%.
About this data. Figures are Village Capital & Investment'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