V.i.p. Mortgage in Michigan vs the state
4.2%Denial rate-14.35 pts vs state
4.9%Decision denial rate-17.66 pts vs state
77.8%Origination rate+17.89 pts vs state
6.50%Median rate-0.25 pts vs state
0.21Rate spread (pts)-0.19 pts vs state
$118kMedian applicant income
56Loans originated
3Denied
Trend in Michigan
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 19 | 14 | 10.5% | 6.93% | #436 |
| 2024 | 23 | 17 | 0.0% | 6.63% | #418 |
| 2025 | 72 | 56 | 4.2% | 6.50% | #311 |
What V.i.p. Mortgage lends in Michigan
By loan purpose
By loan type
Why it denied Michigan applicants
Where in Michigan
Counties with the most V.i.p. Mortgage applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Oakland County | 21 | 17 | 0 | 0.0% |
| Macomb County | 17 | 14 | 2 | 11.8% |
| Wayne County | 9 | 8 | 0 | 0.0% |
| St. Clair County | 5 | 4 | 0 | 0.0% |
| Genesee County | 4 | 1 | 0 | 0.0% |
| Monroe County | 3 | 2 | 1 | 33.3% |
| Livingston County | 3 | 3 | 0 | 0.0% |
| Berrien County | 2 | 1 | 0 | 0.0% |
| Cass County | 1 | 1 | 0 | 0.0% |
| Kent County | 1 | 1 | 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: 72 applications in 2025, of which 56 were originated and 3 denied.
4.2% of all applications, or 4.9% of the applications it actually decided on. The Michigan statewide average across all lenders was 18.5%.
The median rate on loans V.i.p. Mortgage originated in Michigan in 2025 was 6.50%, against a statewide median of 6.75%.
About this data. Figures are V.i.p. 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