Largest lenders in Saginaw County
| # | Lender | Grade | Applications | Originated | Denial rate | Median rate |
|---|---|---|---|---|---|---|
| 1 | The Huntington National Bank | D | 519 | 258 | 35.7% | 7.59% |
| 2 | Rocket Mortgage | C | 403 | 297 | 16.1% | 6.88% |
| 3 | Frankenmuth Credit Union | B | 366 | 336 | 2.2% | 7.13% |
| 4 | United Shore Financial Services | B | 347 | 240 | 17.6% | 6.50% |
| 5 | Financial Plus Credit Union | D | 189 | 92 | 31.2% | 7.24% |
| 6 | Lake Michigan Credit Union | A | 158 | 118 | 8.2% | 6.63% |
| 7 | Independent Bank | C | 142 | 92 | 19.0% | 6.63% |
| 8 | Mortgage Research Center | C | 140 | 65 | 22.9% | 6.50% |
| 9 | Isabella Bank | C | 129 | 84 | 19.4% | 6.74% |
| 10 | Wildfire Credit Union | C | 128 | 94 | 18.0% | — |
| 11 | PNC Bank | D | 113 | 50 | 33.6% | 7.36% |
| 12 | Staunton Financial | B | 104 | 97 | 2.9% | 6.63% |
| 13 | 21st Mortgage | F | 96 | 20 | 45.8% | 12.07% |
| 14 | UNITED FINANCIAL Credit Union | C | 96 | 59 | 11.5% | 6.50% |
| 15 | Preston Home Loans | C | 95 | 63 | 4.2% | 6.63% |
| 16 | Dow Credit Union | C | 83 | 50 | 4.8% | 7.19% |
| 17 | Fifth Third Bank | D | 77 | 50 | 19.5% | 7.25% |
| 18 | Guaranteed Rate | B | 68 | 43 | 7.4% | 6.63% |
| 19 | Blg Holdings | B | 67 | 56 | 1.5% | 6.63% |
| 20 | Broker Solutions | D | 67 | 20 | 11.9% | 6.88% |
| 21 | Jolt Credit Union | C | 66 | 48 | 13.6% | 5.99% |
| 22 | Freedom Mortgage | B | 62 | 20 | 9.7% | 6.19% |
| 23 | Newrez | D | 61 | 24 | 11.5% | 6.63% |
| 24 | Citizens Bank | C | 59 | 34 | 33.9% | 7.65% |
| 25 | Pennymac Loan Services | C | 56 | 25 | 17.9% | 5.88% |
Best approval odds in Saginaw County
Lowest decision denial rate among lenders that decided at least 50 applications here in 2025.
| # | Lender | Decided | Decision denial rate |
|---|---|---|---|
| 1 | Blg Holdings | 57 | 1.8% |
| 2 | Frankenmuth Credit Union | 344 | 2.3% |
| 3 | Staunton Financial | 100 | 3.0% |
| 4 | Preston Home Loans | 67 | 6.0% |
| 5 | Dow Credit Union | 56 | 7.1% |
| 6 | Lake Michigan Credit Union | 132 | 9.9% |
| 7 | UNITED FINANCIAL Credit Union | 71 | 15.5% |
| 8 | Jolt Credit Union | 58 | 15.5% |
| 9 | Rocket Mortgage | 371 | 17.5% |
| 10 | Wildfire Credit Union | 117 | 19.7% |
What Saginaw County borrowers applied for
By loan purpose
By loan type
Why applications were denied
Saginaw County by year
| Year | Applications | Originated | Denial rate | Median rate | Median loan |
|---|---|---|---|---|---|
| 2023 | 4,852 | 2,906 | 18.3% | 7.00% | $105,000 |
| 2024 | 5,230 | 3,183 | 18.5% | 6.98% | $115,000 |
| 2025 | 5,778 | 3,495 | 18.6% | 6.75% | $115,000 |
Frequently asked questions
18.6% of applications in Saginaw County were denied in 2025, against 18.5% statewide in Michigan.
The Huntington National Bank, with 519 applications in 2025 and a denial rate of 35.7%.
The median mortgage application in Saginaw County in 2025 was for $115,000; the median property value on originated loans was $205,000.