Berrien County, Michigan · 2025

Mortgage lenders in Berrien County, MI: denial rates and top lenders (2025)

338 lenders acted on 6,903 mortgage applications for properties in Berrien County in 2025. 19.9% were denied (Michigan: 18.5%). Median rate on closed loans 6.99%; median loan $145,000; median property value $295,000.

6.9kApplications
19.9%Denial ratestate 18.5%
6.99%Median ratestate 6.75%
$145,000Median loan
$295,000Median property value

Largest lenders in Berrien County

#LenderGradeApplicationsOriginatedDenial rateMedian rate
1 United Federal Credit Union D 1,034683 18.6%7.05%
2 Honor Credit Union D 836562 15.8%7.25%
3 Fifth Third Bank D 371206 23.5%7.75%
4 Rocket Mortgage C 318234 17.3%6.99%
5 The Huntington National Bank D 298171 28.2%7.63%
6 Union Home Mortgage B 198163 2.5%6.88%
7 Horizon Bank A 188118 25.5%6.00%
8 United Shore Financial Services B 187123 17.7%6.25%
9 21st Mortgage F 14214 60.6%11.92%
10 Sturgis Bank & Trust A 133107 3.8%6.88%
11 1st Source Bank B 11769 23.1%7.50%
12 Triad Financial Services D 11724 59.0%8.98%
13 Crosscountry Mortgage B 11671 5.2%6.50%
14 Ruoff Mortgage Company A 11475 7.0%6.63%
15 JPMorgan Chase Bank B 10157 8.9%6.63%
16 Guaranteed Rate B 10155 3.0%6.75%
17 Everwise Credit Union C 10057 27.0%7.50%
18 Loandepot.Com D 9048 30.0%7.06%
19 Mortgage Research Center C 8938 22.5%6.38%
20 AmeriSave Mortgage D 6619 62.1%7.00%
21 Newrez D 6522 18.5%6.75%
22 Carrington Mortgage Services D 6219 35.5%6.63%
23 Notre Dame Federal Credit Union B 5537 21.8%7.00%
24 Lake Michigan Credit Union A 5238 3.9%6.49%
25 Independent Bank C 5035 8.0%6.88%

Best approval odds in Berrien County

Lowest decision denial rate among lenders that decided at least 50 applications here in 2025.

What Berrien County borrowers applied for

By loan purpose

Home purchase 2,758 40% · 12.9% denied
Refinance 862 12% · 16.0% denied
Cash-out refinance 1,215 18% · 22.6% denied
Home improvement 1,107 16% · 28.3% denied
Other / HELOC 961 14% · 30.2% denied

By loan type

Conventional 5,842 85% · 20.1% denied
FHA 674 10% · 20.8% denied
VA 369 5% · 14.6% denied
USDA / RHS 18 0% · 11.1% denied

Why applications were denied

Credit history 433 32%
Debt-to-income ratio 365 27%
Collateral 195 14%
Incomplete application 185 14%
Other 102 7%
Insufficient cash 36 3%
Unverifiable information 34 2%
Employment history 20 1%

Berrien County by year

YearApplicationsOriginatedDenial rateMedian rateMedian loan
20235,9213,43720.7%7.25%$125,000
20246,2963,66820.9%7.13%$125,000
20256,9034,01119.9%6.99%$145,000

Frequently asked questions

19.9% of applications in Berrien County were denied in 2025, against 18.5% statewide in Michigan.

United Federal Credit Union, with 1,034 applications in 2025 and a denial rate of 18.6%.

The median mortgage application in Berrien County in 2025 was for $145,000; the median property value on originated loans was $295,000.