Largest lenders in Arenac County
| # | Lender | Grade | Applications | Originated | Denial rate | Median rate |
|---|---|---|---|---|---|---|
| 1 | Rocket Mortgage | C | 74 | 43 | 24.3% | 6.75% |
| 2 | The Huntington National Bank | D | 42 | 25 | 23.8% | 7.38% |
| 3 | Horizon Bank | A | 27 | 16 | 29.6% | 6.00% |
| 4 | United Shore Financial Services | B | 22 | 15 | 9.1% | 6.13% |
| 5 | Staunton Financial | B | 19 | 17 | 10.5% | 6.63% |
| 6 | Independent Bank | C | 13 | 6 | 23.1% | 6.88% |
| 7 | Mortgage Research Center | C | 12 | 10 | 16.7% | 6.25% |
| 8 | Mercantile Bank | C | 11 | 5 | 45.5% | 7.25% |
| 9 | Sunrise Family Credit Union | – | 11 | 11 | 0.0% | 6.50% |
| 10 | Frankenmuth Credit Union | B | 11 | 9 | 9.1% | 8.00% |
| 11 | GreenStone Farm Credit Services, FLCA | A | 10 | 7 | 0.0% | 7.30% |
| 12 | Unnamed lender 254900DIWCHEQWZ9GV45 | A | 10 | 10 | 0.0% | 8.60% |
| 13 | The Dart Bank | B | 9 | 7 | 0.0% | 6.63% |
| 14 | United Bay Community Credit Union | C | 9 | 8 | 0.0% | 6.69% |
| 15 | Pennymac Loan Services | C | 8 | 5 | 0.0% | 6.00% |
| 16 | Wildfire Credit Union | C | 8 | 7 | 0.0% | — |
| 17 | Flagstar Bank | C | 7 | 2 | 28.6% | 7.19% |
| 18 | Fifth Third Bank | D | 7 | 7 | 0.0% | 7.13% |
| 19 | AmeriSave Mortgage | D | 7 | 3 | 42.9% | 6.63% |
| 20 | JPMorgan Chase Bank | B | 6 | 3 | 16.7% | 6.25% |
| 21 | DAS Acquisition Company | B | 6 | 4 | 0.0% | 6.63% |
| 22 | New Day Financial | F | 6 | 1 | 16.7% | 7.25% |
| 23 | Freedom Mortgage | B | 6 | 2 | 0.0% | 6.00% |
| 24 | Discover Bank | F | 5 | 0 | 40.0% | — |
| 25 | Genisys Credit Union | D | 5 | 4 | 0.0% | 7.00% |
Best approval odds in Arenac County
Lowest decision denial rate among lenders that decided at least 50 applications here in 2025.
| # | Lender | Decided | Decision denial rate |
|---|---|---|---|
| 1 | Rocket Mortgage | 63 | 28.6% |
What Arenac County borrowers applied for
By loan purpose
By loan type
Why applications were denied
Arenac County by year
| Year | Applications | Originated | Denial rate | Median rate | Median loan |
|---|---|---|---|---|---|
| 2023 | 433 | 238 | 22.4% | 7.11% | $105,000 |
| 2024 | 433 | 255 | 22.6% | 7.00% | $105,000 |
| 2025 | 526 | 325 | 16.2% | 6.75% | $125,000 |
Frequently asked questions
16.2% of applications in Arenac County were denied in 2025, against 18.5% statewide in Michigan.
Rocket Mortgage, with 74 applications in 2025 and a denial rate of 24.3%.
The median mortgage application in Arenac County in 2025 was for $125,000; the median property value on originated loans was $205,000.