Montcalm County, Michigan · 2025

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

200 lenders acted on 2,833 mortgage applications for properties in Montcalm County in 2025. 16.7% were denied (Michigan: 18.5%). Median rate on closed loans 6.74%; median loan $155,000; median property value $255,000.

2.8kApplications
16.7%Denial ratestate 18.5%
6.74%Median ratestate 6.75%
$155,000Median loan
$255,000Median property value

Largest lenders in Montcalm County

#LenderGradeApplicationsOriginatedDenial rateMedian rate
1 Lake Michigan Credit Union A 196156 6.1%6.63%
2 The Huntington National Bank D 194117 25.3%7.44%
3 Rocket Mortgage C 162112 21.0%6.63%
4 United Shore Financial Services B 147109 10.9%6.40%
5 Fifth Third Bank D 13777 25.6%7.75%
6 Independent Bank C 11663 20.7%7.00%
7 Isabella Bank C 9173 14.3%6.63%
8 Preferred Credit Union C 7450 9.5%6.25%
9 Mortgage 1 A 6754 3.0%6.63%
10 Mercantile Bank C 6545 16.9%6.75%
11 Sidney State Bank 6149 9.8%
12 Mortgage Research Center C 5624 10.7%6.25%
13 Success Mortgage Partners B 4934 2.0%6.63%
14 Guild Mortgage A 4938 0.0%6.75%
15 American Pacific Mortgage C 4739 8.5%6.75%
16 Union Home Mortgage B 4431 0.0%6.88%
17 MICHIGAN ONE COMMUNITY Credit Union 4234 11.9%7.00%
18 Crosscountry Mortgage B 3623 0.0%6.63%
19 Freedom Mortgage B 3521 5.7%6.25%
20 Carrington Mortgage Services D 3312 33.3%6.63%
21 GreenStone Farm Credit Services, FLCA A 3328 0.0%6.70%
22 Loandepot.Com D 3013 30.0%6.88%
23 Mms Mortgage Services B 2925 6.9%6.38%
24 Newrez D 2914 6.9%6.50%
25 Triad Financial Services D 276 55.6%9.99%

Best approval odds in Montcalm County

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

What Montcalm County borrowers applied for

By loan purpose

Home purchase 1,144 40% · 10.6% denied
Refinance 479 17% · 13.4% denied
Cash-out refinance 525 19% · 21.3% denied
Home improvement 356 13% · 22.2% denied
Other / HELOC 329 12% · 29.2% denied

By loan type

Conventional 2,146 76% · 17.2% denied
FHA 441 16% · 18.6% denied
VA 215 8% · 8.8% denied
USDA / RHS 31 1% · 9.7% denied

Why applications were denied

Credit history 145 31%
Debt-to-income ratio 117 25%
Collateral 97 21%
Incomplete application 46 10%
Other 26 6%
Unverifiable information 15 3%
Employment history 9 2%
Insufficient cash 8 2%

Montcalm County by year

YearApplicationsOriginatedDenial rateMedian rateMedian loan
20232,2791,37419.2%7.01%$125,000
20242,4281,50618.6%6.99%$135,000
20252,8331,76716.7%6.74%$155,000

Frequently asked questions

16.7% of applications in Montcalm County were denied in 2025, against 18.5% statewide in Michigan.

Lake Michigan Credit Union, with 196 applications in 2025 and a denial rate of 6.1%.

The median mortgage application in Montcalm County in 2025 was for $155,000; the median property value on originated loans was $255,000.