Largest lenders in Montmorency County
| # | Lender | Grade | Applications | Originated | Denial rate | Median rate |
|---|---|---|---|---|---|---|
| 1 | Community Financial Credit Union | B | 104 | 70 | 17.3% | 7.25% |
| 2 | The Huntington National Bank | D | 42 | 23 | 31.0% | 6.75% |
| 3 | United Shore Financial Services | B | 37 | 27 | 10.8% | 6.62% |
| 4 | Rocket Mortgage | C | 37 | 29 | 18.9% | 6.50% |
| 5 | Mortgage Research Center | C | 25 | 11 | 4.0% | 6.50% |
| 6 | AmeriSave Mortgage | D | 12 | 3 | 58.3% | 7.63% |
| 7 | Nicolet National Bank | A | 12 | 11 | 8.3% | 7.25% |
| 8 | PNC Bank | D | 9 | 6 | 33.3% | 7.73% |
| 9 | Loandepot.Com | D | 8 | 3 | 37.5% | 6.38% |
| 10 | GreenStone Farm Credit Services, FLCA | A | 8 | 7 | 0.0% | 6.35% |
| 11 | Fifth Third Bank | D | 7 | 5 | 14.3% | 6.75% |
| 12 | New Day Financial | F | 7 | 1 | 42.9% | 6.49% |
| 13 | Mortgage 1 | A | 7 | 6 | 0.0% | 7.50% |
| 14 | Lake Michigan Credit Union | A | 6 | 5 | 16.7% | 6.75% |
| 15 | Ruoff Mortgage Company | A | 6 | 6 | 0.0% | 7.31% |
| 16 | Newrez | D | 6 | 1 | 16.7% | 6.25% |
| 17 | State Savings Bank | B | 5 | 5 | 0.0% | — |
| 18 | Genisys Credit Union | D | 5 | 4 | 0.0% | 6.68% |
Best approval odds in Montmorency County
Lowest decision denial rate among lenders that decided at least 50 applications here in 2025.
| # | Lender | Decided | Decision denial rate |
|---|---|---|---|
| 1 | Community Financial Credit Union | 100 | 18.0% |
What Montmorency County borrowers applied for
By loan purpose
By loan type
Why applications were denied
Montmorency County by year
| Year | Applications | Originated | Denial rate | Median rate | Median loan |
|---|---|---|---|---|---|
| 2023 | 430 | 262 | 18.1% | 7.24% | $95,000 |
| 2024 | 435 | 265 | 17.9% | 7.13% | $105,000 |
| 2025 | 493 | 316 | 17.4% | 6.88% | $125,000 |
Frequently asked questions
17.4% of applications in Montmorency County were denied in 2025, against 18.5% statewide in Michigan.
Community Financial Credit Union, with 104 applications in 2025 and a denial rate of 17.3%.
The median mortgage application in Montmorency County in 2025 was for $125,000; the median property value on originated loans was $190,000.