Marquette County, Michigan · 2025

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

148 lenders acted on 1,588 mortgage applications for properties in Marquette County in 2025. 14.0% were denied (Michigan: 18.5%). Median rate on closed loans 6.75%; median loan $165,000; median property value $285,000.

1.6kApplications
14.0%Denial ratestate 18.5%
6.75%Median ratestate 6.75%
$165,000Median loan
$285,000Median property value

Largest lenders in Marquette County

#LenderGradeApplicationsOriginatedDenial rateMedian rate
1 Honor Credit Union D 228157 13.2%7.25%
2 Range Bank A 168155 1.8%
3 IncredibleBank C 148111 4.7%6.75%
4 Nicolet National Bank A 12699 4.8%7.38%
5 Rocket Mortgage C 12282 19.7%6.56%
6 The Huntington National Bank D 6439 21.9%7.04%
7 Flagstar Bank C 5730 15.8%6.63%
8 Mortgage Research Center C 4730 17.0%6.50%
9 United Shore Financial Services B 4435 9.1%6.00%
10 Preston Home Loans C 2215 4.6%6.88%
11 Coastal Community Bank C 212 0.0%8.49%
12 Michigan Mutual C 208 10.0%6.75%
13 Freedom Mortgage B 208 10.0%6.38%
14 Everett Financial C 1814 5.6%6.63%
15 Pennymac Loan Services C 1610 6.3%6.50%
16 Credit Union One D 1611 6.3%8.24%
17 Paramount Residential Mortgage Group B 1612 12.5%6.44%
18 AmeriSave Mortgage D 153 73.3%7.00%
19 Broker Solutions D 152 20.0%7.88%
20 JPMorgan Chase Bank B 147 21.4%6.25%
21 Nationstar Mortgage C 1412 7.1%7.56%
22 New Day Financial F 134 7.7%6.49%
23 Loandepot.Com D 135 30.8%6.25%
24 Figure Lending C 134 23.1%8.95%
25 Navy Federal Credit Union D 128 0.0%6.38%

Best approval odds in Marquette County

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

#LenderDecidedDecision denial rate
1Range Bank1671.8%
2IncredibleBank1255.6%
3Nicolet National Bank1065.7%
4Honor Credit Union19315.5%
5Rocket Mortgage11121.6%
6The Huntington National Bank5724.6%

What Marquette County borrowers applied for

By loan purpose

Home purchase 665 42% · 8.7% denied
Refinance 256 16% · 13.3% denied
Cash-out refinance 338 21% · 18.3% denied
Home improvement 159 10% · 23.9% denied
Other / HELOC 170 11% · 17.7% denied

By loan type

Conventional 1,284 81% · 12.9% denied
FHA 139 9% · 28.8% denied
VA 161 10% · 9.9% denied
USDA / RHS 4 0% · 25.0% denied

Why applications were denied

Debt-to-income ratio 58 27%
Credit history 57 26%
Collateral 32 15%
Incomplete application 31 14%
Other 20 9%
Unverifiable information 7 3%
Employment history 6 3%
Insufficient cash 6 3%

Marquette County by year

YearApplicationsOriginatedDenial rateMedian rateMedian loan
20231,38492214.6%7.13%$135,000
20241,45094214.7%7.12%$150,000
20251,5881,01814.0%6.75%$165,000

Frequently asked questions

14.0% of applications in Marquette County were denied in 2025, against 18.5% statewide in Michigan.

Honor Credit Union, with 228 applications in 2025 and a denial rate of 13.2%.

The median mortgage application in Marquette County in 2025 was for $165,000; the median property value on originated loans was $285,000.