WesBanco Bank · Michigan · 2025

WesBanco Bank in Michigan: approval rate, denial rate and rates (2025)

WesBanco Bank took 166 mortgage applications in Michigan in 2025, ranking #230 of 973 lenders active in the state. It originated 72.3% of them and denied 15.1% (17.1% of the applications it decided), against a statewide denial rate of 18.5%.

166Applicationsin MI
17.1%Decision denial ratestate 22.6%
6.69%Median ratestate 6.75%
$165,000Median loanstate $155,000
$29MVolume15 counties

WesBanco Bank in Michigan vs the state

15.1%Denial rate-3.46 pts vs state
17.1%Decision denial rate-5.46 pts vs state
72.3%Origination rate+12.40 pts vs state
6.69%Median rate-0.06 pts vs state
0.07Rate spread (pts)-0.33 pts vs state
$100kMedian applicant income
120Loans originated
25Denied

What WesBanco Bank lends in Michigan

By loan purpose

Home purchase 76 46% · 9.2% denied
Refinance 15 9% · 6.7% denied
Cash-out refinance 13 8% · 23.1% denied
Home improvement 41 25% · 26.8% denied
Other / HELOC 21 13% · 14.3% denied

By loan type

Conventional 155 93% · 14.2% denied
FHA 7 4% · 28.6% denied
VA 1 1% · 0.0% denied
USDA / RHS 3 2% · 33.3% denied

Why it denied Michigan applicants

Credit history 9 36%
Other 5 20%
Debt-to-income ratio 5 20%
Collateral 4 16%
Insufficient cash 2 8%

Where in Michigan

Counties with the most WesBanco Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Lenawee County 795515 19.0%
Washtenaw County 28221 3.6%
Hillsdale County 1897 38.9%
Monroe County 15150 0.0%
Jackson County 741 14.3%
Wayne County 641 16.7%
Oakland County 220 0.0%
Allegan County 210 0.0%
Branch County 220 0.0%
Cheboygan County 220 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: 166 applications in 2025, of which 120 were originated and 25 denied.

15.1% of all applications, or 17.1% of the applications it actually decided on. The Michigan statewide average across all lenders was 18.5%.

The median rate on loans WesBanco Bank originated in Michigan in 2025 was 6.69%, against a statewide median of 6.75%.

About this data. Figures are WesBanco 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