Osceola County, Michigan · 2025

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

129 lenders acted on 876 mortgage applications for properties in Osceola County in 2025. 23.0% were denied (Michigan: 18.5%). Median rate on closed loans 6.88%; median loan $125,000; median property value $205,000.

876Applications
23.0%Denial ratestate 18.5%
6.88%Median ratestate 6.75%
$125,000Median loan
$205,000Median property value

Largest lenders in Osceola County

#LenderGradeApplicationsOriginatedDenial rateMedian rate
1 The Huntington National Bank D 13075 30.0%7.84%
2 Rocket Mortgage C 7041 24.3%6.99%
3 Union Home Mortgage B 5841 17.2%6.63%
4 United Shore Financial Services B 5343 5.7%6.13%
5 Horizon Bank A 3226 15.6%6.25%
6 Fifth Third Bank D 2712 37.0%9.25%
7 Mortgage Research Center C 2711 11.1%6.63%
8 GreenStone Farm Credit Services, FLCA A 2017 5.0%7.00%
9 MEMBERS FIRST Credit Union D 198 42.1%6.44%
10 Lake Michigan Credit Union A 1713 17.7%6.63%
11 West Michigan Credit Union D 176 47.1%6.75%
12 Independent Bank C 179 11.8%7.50%
13 Figure Lending C 154 40.0%7.78%
14 Carrington Mortgage Services D 134 53.9%7.88%
15 J. Virgil B 1311 7.7%6.63%
16 Mortgage 1 A 1311 0.0%6.63%
17 Mercantile Bank C 116 18.2%6.50%
18 Broker Solutions D 111 27.3%6.75%
19 Spring Eq D 101 80.0%8.33%
20 Pennymac Loan Services C 91 22.2%6.00%
21 AmeriSave Mortgage D 92 44.4%7.63%
22 Isabella Bank C 96 11.1%7.50%
23 Nationstar Mortgage C 97 11.1%6.38%
24 Newrez D 96 22.2%6.75%
25 Guild Mortgage A 98 0.0%6.88%

Best approval odds in Osceola County

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

#LenderDecidedDecision denial rate
1Union Home Mortgage5119.6%
2Rocket Mortgage5829.3%
3The Huntington National Bank11733.3%

What Osceola County borrowers applied for

By loan purpose

Home purchase 342 39% · 10.5% denied
Refinance 112 13% · 17.9% denied
Cash-out refinance 185 21% · 28.1% denied
Home improvement 103 12% · 32.0% denied
Other / HELOC 134 15% · 44.8% denied

By loan type

Conventional 634 72% · 25.2% denied
FHA 146 17% · 20.6% denied
VA 87 10% · 12.6% denied
USDA / RHS 9 1% · 0.0% denied

Why applications were denied

Collateral 60 30%
Credit history 54 27%
Debt-to-income ratio 38 19%
Incomplete application 28 14%
Unverifiable information 7 3%
Other 7 3%
Insufficient cash 4 2%
Employment history 2 1%
Mortgage insurance denied 1 0%

Osceola County by year

YearApplicationsOriginatedDenial rateMedian rateMedian loan
202375039124.8%7.25%$105,000
202484448321.9%7.13%$125,000
202587647223.0%6.88%$125,000

Frequently asked questions

23.0% of applications in Osceola County were denied in 2025, against 18.5% statewide in Michigan.

The Huntington National Bank, with 130 applications in 2025 and a denial rate of 30.0%.

The median mortgage application in Osceola County in 2025 was for $125,000; the median property value on originated loans was $205,000.