Kalkaska County, Michigan · 2025

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

143 lenders acted on 821 mortgage applications for properties in Kalkaska County in 2025. 20.1% were denied (Michigan: 18.5%). Median rate on closed loans 6.88%; median loan $175,000; median property value $285,000.

821Applications
20.1%Denial ratestate 18.5%
6.88%Median ratestate 6.75%
$175,000Median loan
$285,000Median property value

Largest lenders in Kalkaska County

#LenderGradeApplicationsOriginatedDenial rateMedian rate
1 Rocket Mortgage C 8460 22.6%6.63%
2 The Huntington National Bank D 8347 32.5%7.34%
3 United Shore Financial Services B 7659 11.8%6.50%
4 4Front Credit Union B 7136 11.3%7.50%
5 Lake Michigan Credit Union A 3424 5.9%6.93%
6 Fifth Third Bank D 2811 25.0%6.99%
7 Credit Union One D 2318 8.7%7.00%
8 Newrez D 215 33.3%5.99%
9 Mortgage Research Center C 188 5.6%6.38%
10 Loandepot.Com D 178 47.1%6.99%
11 GreenStone Farm Credit Services, FLCA A 1513 0.0%6.70%
12 Independent Bank C 135 23.1%7.50%
13 AmeriSave Mortgage D 110 81.8%
14 Calcon Mutual Mortgage D 106 10.0%6.25%
15 Nationstar Mortgage C 106 30.0%6.56%
16 Broker Solutions D 103 10.0%5.99%
17 MICHIGAN STATE UNIVERSITY Federal Credit Union C 107 20.0%7.50%
18 Pennymac Loan Services C 94 0.0%6.94%
19 JPMorgan Chase Bank B 87 12.5%6.99%
20 Mercantile Bank C 74 28.6%6.88%
21 Union Home Mortgage B 76 0.0%6.75%
22 Freedom Mortgage B 70 28.6%
23 Citizens Bank C 61 66.7%8.40%
24 State Savings Bank B 66 0.0%
25 Guaranteed Rate B 63 0.0%6.75%

Best approval odds in Kalkaska County

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

#LenderDecidedDecision denial rate
1United Shore Financial Services6813.2%
2Rocket Mortgage7924.1%
3The Huntington National Bank7735.1%

What Kalkaska County borrowers applied for

By loan purpose

Home purchase 295 36% · 10.5% denied
Refinance 128 16% · 18.8% denied
Cash-out refinance 185 23% · 27.6% denied
Home improvement 116 14% · 29.3% denied
Other / HELOC 97 12% · 25.8% denied

By loan type

Conventional 618 75% · 18.9% denied
FHA 137 17% · 28.5% denied
VA 63 8% · 14.3% denied
USDA / RHS 3 0% · 0.0% denied

Why applications were denied

Collateral 47 28%
Debt-to-income ratio 44 27%
Credit history 36 22%
Incomplete application 17 10%
Other 10 6%
Unverifiable information 7 4%
Insufficient cash 3 2%
Employment history 1 1%

Kalkaska County by year

YearApplicationsOriginatedDenial rateMedian rateMedian loan
202354828723.5%7.25%$145,000
202471643418.4%7.00%$155,000
202582147620.1%6.88%$175,000

Frequently asked questions

20.1% of applications in Kalkaska County were denied in 2025, against 18.5% statewide in Michigan.

Rocket Mortgage, with 84 applications in 2025 and a denial rate of 22.6%.

The median mortgage application in Kalkaska County in 2025 was for $175,000; the median property value on originated loans was $285,000.