Delta County, Michigan · 2025

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

102 lenders acted on 451 mortgage applications for properties in Delta County in 2025. 18.6% were denied (Michigan: 18.5%). Median rate on closed loans 6.63%; median loan $155,000; median property value $225,000.

451Applications
18.6%Denial ratestate 18.5%
6.63%Median ratestate 6.75%
$155,000Median loan
$225,000Median property value

Largest lenders in Delta County

#LenderGradeApplicationsOriginatedDenial rateMedian rate
1 Rocket Mortgage C 7146 28.2%6.63%
2 Mortgage Research Center C 3624 11.1%6.25%
3 Loandepot.Com D 2617 23.1%6.63%
4 Nicolet National Bank A 2420 8.3%7.13%
5 Flagstar Bank C 189 16.7%6.63%
6 United Shore Financial Services B 179 17.7%6.63%
7 Navy Federal Credit Union D 144 35.7%8.25%
8 Freedom Mortgage B 135 15.4%6.25%
9 New Day Financial F 125 25.0%6.74%
10 Mutual of Omaha Mortgage C 87 12.5%6.25%
11 Coastal Community Bank C 81 0.0%7.74%
12 Figure Lending C 81 62.5%8.75%
13 Guaranteed Rate B 74 0.0%6.36%
14 The Huntington National Bank D 76 14.3%6.71%
15 Pennymac Loan Services C 62 33.3%6.38%
16 Citizens Bank C 63 33.3%7.90%
17 Bank of America F 60 66.7%
18 JPMorgan Chase Bank B 64 0.0%6.69%
19 AmeriSave Mortgage D 52 40.0%6.56%
20 IncredibleBank C 53 0.0%6.25%
21 FOX COMMUNITIES Credit Union A 54 0.0%6.86%
22 GreenStone Farm Credit Services, FLCA A 55 0.0%6.90%
23 Honor Credit Union D 53 0.0%5.75%

Best approval odds in Delta County

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

#LenderDecidedDecision denial rate
1Rocket Mortgage6829.4%

What Delta County borrowers applied for

By loan purpose

Home purchase 201 45% · 11.9% denied
Refinance 62 14% · 14.5% denied
Cash-out refinance 114 25% · 22.8% denied
Home improvement 27 6% · 25.9% denied
Other / HELOC 47 10% · 38.3% denied

By loan type

Conventional 254 56% · 18.1% denied
FHA 76 17% · 30.3% denied
VA 114 25% · 11.4% denied
USDA / RHS 7 2% · 28.6% denied

Why applications were denied

Collateral 22 26%
Credit history 18 21%
Debt-to-income ratio 17 20%
Other 11 13%
Incomplete application 10 12%
Unverifiable information 5 6%
Mortgage insurance denied 1 1%

Delta County by year

YearApplicationsOriginatedDenial rateMedian rateMedian loan
202333717321.1%6.88%$115,000
202438519918.7%6.75%$135,000
202545125918.6%6.63%$155,000

Frequently asked questions

18.6% of applications in Delta County were denied in 2025, against 18.5% statewide in Michigan.

Rocket Mortgage, with 71 applications in 2025 and a denial rate of 28.2%.

The median mortgage application in Delta County in 2025 was for $155,000; the median property value on originated loans was $225,000.