Lenawee County, Michigan · 2025

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

229 lenders acted on 3,733 mortgage applications for properties in Lenawee County in 2025. 18.0% were denied (Michigan: 18.5%). Median rate on closed loans 6.75%; median loan $135,000; median property value $255,000.

3.7kApplications
18.0%Denial ratestate 18.5%
6.75%Median ratestate 6.75%
$135,000Median loan
$255,000Median property value

Largest lenders in Lenawee County

#LenderGradeApplicationsOriginatedDenial rateMedian rate
1 TLC COMMUNITY Credit Union C 596470 16.3%7.25%
2 Rocket Mortgage C 269186 21.9%6.75%
3 The Huntington National Bank D 247136 30.0%7.59%
4 Old National Bank B 190124 19.5%6.13%
5 Gvc Mortgage B 189137 1.1%6.63%
6 United Shore Financial Services B 147113 8.8%6.50%
7 Mortgage Research Center C 8942 23.6%6.50%
8 Gold Star Mortgage Financial Group C 8354 3.6%6.63%
9 WesBanco Bank B 7955 19.0%6.38%
10 21st Mortgage F 5917 49.2%10.90%
11 Freedom Mortgage B 5929 15.3%6.25%
12 Triad Financial Services D 5821 50.0%8.28%
13 County National Bank C 5630 8.9%
14 Newrez D 5317 17.0%6.88%
15 KeyBank C 4926 34.7%6.44%
16 Crosscountry Mortgage B 4229 2.4%6.75%
17 Fifth Third Bank D 4120 41.5%7.62%
18 Coastal Community Bank C 407 2.5%10.74%
19 Union Home Mortgage B 3927 5.1%6.75%
20 Broker Solutions D 3712 10.8%6.63%
21 Loandepot.Com D 3722 10.8%6.69%
22 AmeriSave Mortgage D 3619 33.3%7.88%
23 The Dart Bank B 3625 11.1%6.88%
24 Pennymac Loan Services C 3515 25.7%6.00%
25 GreenStone Farm Credit Services, FLCA A 2927 0.0%6.65%

Best approval odds in Lenawee County

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

What Lenawee County borrowers applied for

By loan purpose

Home purchase 1,558 42% · 9.6% denied
Refinance 487 13% · 18.3% denied
Cash-out refinance 693 19% · 21.5% denied
Home improvement 480 13% · 31.9% denied
Other / HELOC 515 14% · 25.6% denied

By loan type

Conventional 2,844 76% · 18.7% denied
FHA 569 15% · 17.6% denied
VA 269 7% · 13.8% denied
USDA / RHS 51 1% · 5.9% denied

Why applications were denied

Credit history 214 32%
Debt-to-income ratio 178 27%
Collateral 108 16%
Other 70 10%
Incomplete application 65 10%
Unverifiable information 19 3%
Insufficient cash 9 1%
Employment history 6 1%

Lenawee County by year

YearApplicationsOriginatedDenial rateMedian rateMedian loan
20233,2041,88321.0%7.13%$115,000
20243,3141,97620.3%7.00%$125,000
20253,7332,32418.0%6.75%$135,000

Frequently asked questions

18.0% of applications in Lenawee County were denied in 2025, against 18.5% statewide in Michigan.

TLC COMMUNITY Credit Union, with 596 applications in 2025 and a denial rate of 16.3%.

The median mortgage application in Lenawee County in 2025 was for $135,000; the median property value on originated loans was $255,000.