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Midland County, Michigan · 2025

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

213 lenders acted on 2,650 mortgage applications for properties in Midland County in 2025. 14.3% were denied (Michigan: 18.5%). Median rate on closed loans 6.63%; median loan $165,000; median property value $265,000.

2.7kApplications
14.3%Denial ratestate 18.5%
6.63%Median ratestate 6.75%
$165,000Median loan
$265,000Median property value

Largest lenders in Midland County

#LenderGradeApplicationsOriginatedDenial rateMedian rate
1 Rocket Mortgage C 242176 16.9%6.75%
2 Dow Credit Union C 206128 8.3%7.19%
3 The Huntington National Bank D 195118 24.6%7.36%
4 United Shore Financial Services B 186157 5.4%6.25%
5 Isabella Bank C 11786 12.8%6.25%
6 Staunton Financial B 9387 2.2%6.63%
7 MEMBERS FIRST Credit Union D 7848 23.1%6.75%
8 First Community Mortgage A 7260 1.4%6.63%
9 Wildfire Credit Union C 6951 8.7%—
10 Mortgage Research Center C 6840 14.7%6.25%
11 Guaranteed Rate B 6636 7.6%6.63%
12 Freedom Mortgage B 4422 11.4%6.25%
13 Frankenmuth Credit Union B 4440 2.3%7.19%
14 Fifth Third Bank D 3826 18.4%7.14%
15 Horizon Bank A 3527 14.3%6.13%
16 Coastal Community Bank C 357 0.0%8.49%
17 Pennymac Loan Services C 3418 14.7%6.12%
18 The Dart Bank B 3428 2.9%6.88%
19 Lake Michigan Credit Union A 2716 14.8%6.63%
20 Figure Lending C 2713 37.0%8.55%
21 AmeriSave Mortgage D 265 69.2%6.00%
22 Credit Union One D 2516 20.0%8.12%
23 Navy Federal Credit Union D 2416 8.3%7.95%
24 DAS Acquisition Company B 2318 0.0%6.75%
25 Loandepot.Com D 239 30.4%7.38%

Best approval odds in Midland County

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

#LenderDecidedDecision denial rate
1First Community Mortgage621.6%
2Staunton Financial892.3%
3United Shore Financial Services1695.9%
4Wildfire Credit Union5710.5%
5Dow Credit Union14911.4%
6Isabella Bank10114.9%
7Rocket Mortgage22618.1%
8Mortgage Research Center5119.6%
9MEMBERS FIRST Credit Union6627.3%
10The Huntington National Bank16928.4%

What Midland County borrowers applied for

By loan purpose

Home purchase 1,168 44% · 6.9% denied
Refinance 395 15% · 13.9% denied
Cash-out refinance 544 21% · 20.4% denied
Home improvement 255 10% · 27.5% denied
Other / HELOC 288 11% · 21.9% denied

By loan type

Conventional 2,048 77% · 13.9% denied
FHA 333 13% · 17.4% denied
VA 266 10% · 14.3% denied
USDA / RHS 3 0% · 0.0% denied

Why applications were denied

Credit history 101 27%
Debt-to-income ratio 96 26%
Collateral 83 22%
Incomplete application 50 13%
Other 23 6%
Unverifiable information 10 3%
Employment history 4 1%
Insufficient cash 4 1%

Midland County by year

YearApplicationsOriginatedDenial rateMedian rateMedian loan
20232,3451,54613.7%7.13%$135,000
20242,5451,63916.1%6.99%$145,000
20252,6501,71614.3%6.63%$165,000

Frequently asked questions

14.3% of applications in Midland County were denied in 2025, against 18.5% statewide in Michigan.

Rocket Mortgage, with 242 applications in 2025 and a denial rate of 16.9%.

The median mortgage application in Midland County in 2025 was for $165,000; the median property value on originated loans was $265,000.