Manistee County, Michigan · 2025

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

160 lenders acted on 925 mortgage applications for properties in Manistee County in 2025. 18.1% were denied (Michigan: 18.5%). Median rate on closed loans 6.86%; median loan $155,000; median property value $275,000.

925Applications
18.1%Denial ratestate 18.5%
6.86%Median ratestate 6.75%
$155,000Median loan
$275,000Median property value

Largest lenders in Manistee County

#LenderGradeApplicationsOriginatedDenial rateMedian rate
1 Rocket Mortgage C 7854 21.8%6.56%
2 The Huntington National Bank D 7639 29.0%7.69%
3 United Shore Financial Services B 5638 12.5%6.63%
4 Newrez D 4915 24.5%6.63%
5 Mortgage 1 A 4235 0.0%6.63%
6 4Front Credit Union B 3520 14.3%7.69%
7 Unnamed lender 254900UYC52VIJUZ5X82 B 3427 8.8%
8 Lake Michigan Credit Union A 3326 9.1%6.87%
9 Mortgage Research Center C 2516 20.0%6.38%
10 Calcon Mutual Mortgage D 2417 4.2%6.38%
11 Figure Lending C 196 47.4%8.73%
12 Broker Solutions D 184 22.2%7.12%
13 Fifth Third Bank D 158 26.7%7.75%
14 PNC Bank D 158 33.3%7.85%
15 21st Mortgage F 151 73.3%11.46%
16 New Day Financial F 155 13.3%6.99%
17 Honor Bank 137 7.7%
18 JPMorgan Chase Bank B 134 7.7%6.25%
19 Freedom Mortgage B 133 7.7%6.13%
20 GreenStone Farm Credit Services, FLCA A 1312 0.0%6.40%
21 Pennymac Loan Services C 116 0.0%6.13%
22 Loandepot.Com D 104 40.0%6.69%
23 MICHIGAN STATE UNIVERSITY Federal Credit Union C 107 0.0%6.38%
24 Credit Union One D 94 11.1%7.87%
25 Navy Federal Credit Union D 93 33.3%6.50%

Best approval odds in Manistee County

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

#LenderDecidedDecision denial rate
1Rocket Mortgage7323.3%
2The Huntington National Bank6235.5%

What Manistee County borrowers applied for

By loan purpose

Home purchase 382 41% · 10.7% denied
Refinance 125 14% · 13.6% denied
Cash-out refinance 225 24% · 23.1% denied
Home improvement 97 10% · 32.0% denied
Other / HELOC 96 10% · 27.1% denied

By loan type

Conventional 707 76% · 17.5% denied
FHA 121 13% · 21.5% denied
VA 96 10% · 16.7% denied
USDA / RHS 1 0% · 100.0% denied

Why applications were denied

Debt-to-income ratio 47 29%
Credit history 41 26%
Collateral 40 25%
Incomplete application 18 11%
Other 6 4%
Insufficient cash 5 3%
Unverifiable information 2 1%
Employment history 1 1%

Manistee County by year

YearApplicationsOriginatedDenial rateMedian rateMedian loan
202370437722.2%6.99%$145,000
202470645515.9%6.99%$155,000
202592552118.1%6.86%$155,000

Frequently asked questions

18.1% of applications in Manistee County were denied in 2025, against 18.5% statewide in Michigan.

Rocket Mortgage, with 78 applications in 2025 and a denial rate of 21.8%.

The median mortgage application in Manistee County in 2025 was for $155,000; the median property value on originated loans was $275,000.