Shiawassee County, Michigan · 2025

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

203 lenders acted on 2,816 mortgage applications for properties in Shiawassee County in 2025. 18.2% were denied (Michigan: 18.5%). Median rate on closed loans 6.75%; median loan $125,000; median property value $225,000.

2.8kApplications
18.2%Denial ratestate 18.5%
6.75%Median ratestate 6.75%
$125,000Median loan
$225,000Median property value

Largest lenders in Shiawassee County

#LenderGradeApplicationsOriginatedDenial rateMedian rate
1 Rocket Mortgage C 292216 15.1%6.63%
2 The Huntington National Bank D 19088 35.8%7.52%
3 Fifth Third Bank D 15893 19.0%7.99%
4 Mortgage 1 A 157133 2.6%6.63%
5 United Shore Financial Services B 10478 8.7%6.50%
6 MICHIGAN STATE UNIVERSITY Federal Credit Union C 10368 22.3%7.50%
7 Citizens Bank C 9957 26.3%7.40%
8 The Dart Bank B 7959 7.6%6.63%
9 Preston Home Loans C 7152 1.4%6.63%
10 LAFCU Credit Union C 6335 12.7%6.38%
11 Mortgage Research Center C 5730 15.8%6.25%
12 Broker Solutions D 4719 4.3%7.00%
13 Union Home Mortgage B 4437 0.0%6.88%
14 Freedom Mortgage B 3820 10.5%6.38%
15 Dort Financial Credit Union C 3620 19.4%6.13%
16 Pfcu C 3528 5.7%6.94%
17 Blg Holdings B 3430 0.0%6.50%
18 Newrez D 346 23.5%7.63%
19 Lake Michigan Credit Union A 3320 3.0%6.44%
20 Loandepot.Com D 3218 31.3%6.99%
21 Figure Lending C 3118 19.4%9.23%
22 AmeriSave Mortgage D 299 62.1%6.99%
23 21st Mortgage F 282 60.7%11.26%
24 Pennymac Loan Services C 2715 0.0%6.12%
25 PNC Bank D 2711 37.0%7.59%

Best approval odds in Shiawassee County

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

What Shiawassee County borrowers applied for

By loan purpose

Home purchase 1,081 38% · 10.2% denied
Refinance 445 16% · 17.3% denied
Cash-out refinance 576 20% · 20.7% denied
Home improvement 328 12% · 28.1% denied
Other / HELOC 386 14% · 29.3% denied

By loan type

Conventional 2,062 73% · 19.5% denied
FHA 489 17% · 16.6% denied
VA 214 8% · 11.7% denied
USDA / RHS 51 2% · 7.8% denied

Why applications were denied

Credit history 162 32%
Debt-to-income ratio 139 27%
Collateral 80 16%
Incomplete application 74 15%
Other 32 6%
Unverifiable information 10 2%
Insufficient cash 7 1%
Employment history 3 1%

Shiawassee County by year

YearApplicationsOriginatedDenial rateMedian rateMedian loan
20232,2261,34519.6%7.00%$115,000
20242,5041,57017.9%6.99%$125,000
20252,8161,67518.2%6.75%$125,000

Frequently asked questions

18.2% of applications in Shiawassee County were denied in 2025, against 18.5% statewide in Michigan.

Rocket Mortgage, with 292 applications in 2025 and a denial rate of 15.1%.

The median mortgage application in Shiawassee County in 2025 was for $125,000; the median property value on originated loans was $225,000.