Ogemaw County, Michigan · 2025

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

141 lenders acted on 754 mortgage applications for properties in Ogemaw County in 2025. 20.8% were denied (Michigan: 18.5%). Median rate on closed loans 6.88%; median loan $115,000; median property value $205,000.

754Applications
20.8%Denial ratestate 18.5%
6.88%Median ratestate 6.75%
$115,000Median loan
$205,000Median property value

Largest lenders in Ogemaw County

#LenderGradeApplicationsOriginatedDenial rateMedian rate
1 Mercantile Bank C 9954 27.3%7.06%
2 Rocket Mortgage C 9978 15.2%6.75%
3 The Huntington National Bank D 7941 26.6%7.34%
4 United Shore Financial Services B 3323 15.2%6.50%
5 PNC Bank D 2210 27.3%7.54%
6 Mortgage Research Center C 1811 16.7%6.50%
7 AmeriSave Mortgage D 177 52.9%6.75%
8 Lake Michigan Credit Union A 1210 0.0%6.68%
9 Staunton Financial B 127 33.3%6.63%
10 Loandepot.Com D 126 50.0%6.93%
11 Newrez D 115 18.2%6.99%
12 Citizens Bank C 106 20.0%7.25%
13 New Day Financial F 103 30.0%6.49%
14 Mortgage 1 A 102 10.0%6.38%
15 Fifth Third Bank D 94 22.2%7.48%
16 Broker Solutions D 93 11.1%7.25%
17 Navy Federal Credit Union D 94 22.2%5.75%
18 Frankenmuth Credit Union B 88 0.0%7.19%
19 JPMorgan Chase Bank B 74 28.6%6.19%
20 Blg Holdings B 77 0.0%6.63%
21 MICHIGAN STATE UNIVERSITY Federal Credit Union C 75 28.6%7.50%
22 Pennymac Loan Services C 63 0.0%6.99%
23 Mortgage Center L.c C 65 0.0%6.38%
24 Michigan Schools and Government C 62 33.3%7.81%
25 Genisys Credit Union D 63 33.3%7.25%

Best approval odds in Ogemaw County

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

#LenderDecidedDecision denial rate
1Rocket Mortgage9316.1%
2The Huntington National Bank6532.3%
3Mercantile Bank8332.5%

What Ogemaw County borrowers applied for

By loan purpose

Home purchase 331 44% · 12.4% denied
Refinance 82 11% · 17.1% denied
Cash-out refinance 163 22% · 27.0% denied
Home improvement 93 12% · 28.0% denied
Other / HELOC 85 11% · 37.7% denied

By loan type

Conventional 564 75% · 20.9% denied
FHA 111 15% · 23.4% denied
VA 73 10% · 17.8% denied
USDA / RHS 6 1% · 0.0% denied

Why applications were denied

Credit history 51 33%
Debt-to-income ratio 44 28%
Collateral 28 18%
Other 14 9%
Incomplete application 11 7%
Unverifiable information 5 3%
Employment history 2 1%
Insufficient cash 1 1%

Ogemaw County by year

YearApplicationsOriginatedDenial rateMedian rateMedian loan
202362335721.5%7.25%$95,000
202477344620.3%7.00%$105,000
202575443820.8%6.88%$115,000

Frequently asked questions

20.8% of applications in Ogemaw County were denied in 2025, against 18.5% statewide in Michigan.

Mercantile Bank, with 99 applications in 2025 and a denial rate of 27.3%.

The median mortgage application in Ogemaw County in 2025 was for $115,000; the median property value on originated loans was $205,000.