Mecosta County, Michigan · 2025

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

171 lenders acted on 1,651 mortgage applications for properties in Mecosta County in 2025. 17.4% were denied (Michigan: 18.5%). Median rate on closed loans 6.88%; median loan $155,000; median property value $265,000.

1.7kApplications
17.4%Denial ratestate 18.5%
6.88%Median ratestate 6.75%
$155,000Median loan
$265,000Median property value

Largest lenders in Mecosta County

#LenderGradeApplicationsOriginatedDenial rateMedian rate
1 The Huntington National Bank D 13284 20.5%7.69%
2 Isabella Bank C 11692 16.4%6.69%
3 Rocket Mortgage C 10168 21.8%6.88%
4 Lake Michigan Credit Union A 7553 6.7%6.62%
5 Union Home Mortgage B 6551 3.1%6.63%
6 United Shore Financial Services B 6543 15.4%6.50%
7 Fifth Third Bank D 6035 25.0%7.75%
8 Independent Bank C 5439 14.8%7.25%
9 Mercantile Bank C 5233 19.2%6.88%
10 Horizon Bank A 4834 25.0%6.00%
11 West Michigan Credit Union D 4327 27.9%7.25%
12 The Dart Bank B 4225 14.3%6.63%
13 American Pacific Mortgage C 3925 15.4%6.88%
14 Mortgage Research Center C 3312 21.2%6.25%
15 21st Mortgage F 296 58.6%9.40%
16 Guild Mortgage A 2421 0.0%6.63%
17 GreenStone Farm Credit Services, FLCA A 2221 0.0%6.55%
18 Newrez D 185 5.6%6.50%
19 Pennymac Loan Services C 179 11.8%7.00%
20 Broker Solutions D 166 6.3%6.69%
21 Navy Federal Credit Union D 168 6.3%6.75%
22 Coastal Community Bank C 164 0.0%9.99%
23 AmeriSave Mortgage D 157 40.0%7.13%
24 State Savings Bank B 1312 0.0%
25 Success Mortgage Partners B 1312 0.0%6.75%

Best approval odds in Mecosta County

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

#LenderDecidedDecision denial rate
1Union Home Mortgage543.7%
2Lake Michigan Credit Union598.5%
3Isabella Bank11117.1%
4United Shore Financial Services5518.2%
5The Huntington National Bank11323.9%
6Rocket Mortgage9124.2%
7Fifth Third Bank5427.8%

What Mecosta County borrowers applied for

By loan purpose

Home purchase 681 41% · 11.0% denied
Refinance 251 15% · 14.3% denied
Cash-out refinance 291 18% · 22.7% denied
Home improvement 218 13% · 23.9% denied
Other / HELOC 210 13% · 28.1% denied

By loan type

Conventional 1,294 78% · 17.4% denied
FHA 196 12% · 19.9% denied
VA 149 9% · 14.8% denied
USDA / RHS 12 1% · 16.7% denied

Why applications were denied

Credit history 92 32%
Debt-to-income ratio 75 26%
Collateral 52 18%
Incomplete application 33 12%
Other 17 6%
Unverifiable information 8 3%
Insufficient cash 6 2%
Employment history 2 1%

Mecosta County by year

YearApplicationsOriginatedDenial rateMedian rateMedian loan
20231,31778220.2%7.00%$125,000
20241,43685920.3%6.99%$135,000
20251,6511,00417.4%6.88%$155,000

Frequently asked questions

17.4% of applications in Mecosta County were denied in 2025, against 18.5% statewide in Michigan.

The Huntington National Bank, with 132 applications in 2025 and a denial rate of 20.5%.

The median mortgage application in Mecosta County in 2025 was for $155,000; the median property value on originated loans was $265,000.