Tuscola County, Michigan · 2025

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

150 lenders acted on 1,631 mortgage applications for properties in Tuscola County in 2025. 17.2% were denied (Michigan: 18.5%). Median rate on closed loans 6.88%; median loan $125,000; median property value $205,000.

1.6kApplications
17.2%Denial ratestate 18.5%
6.88%Median ratestate 6.75%
$125,000Median loan
$205,000Median property value

Largest lenders in Tuscola County

#LenderGradeApplicationsOriginatedDenial rateMedian rate
1 Frankenmuth Credit Union B 224190 3.1%7.00%
2 Rocket Mortgage C 149106 18.8%6.75%
3 The Huntington National Bank D 10247 35.3%7.49%
4 United Shore Financial Services B 9061 17.8%6.63%
5 Independent Bank C 5433 29.6%7.00%
6 Preston Home Loans C 5336 1.9%6.75%
7 J. Virgil B 4635 0.0%6.63%
8 Genisys Credit Union D 4323 25.6%7.24%
9 Mortgage Research Center C 4016 32.5%6.44%
10 Team One Credit Union C 3224 6.3%7.25%
11 PNC Bank D 2616 26.9%7.59%
12 Newrez D 249 16.7%6.25%
13 Broker Solutions D 249 4.2%6.75%
14 AmeriSave Mortgage D 225 59.1%8.38%
15 Union Home Mortgage B 2214 9.1%6.93%
16 DAS Acquisition Company B 2015 0.0%6.63%
17 Freedom Mortgage B 207 10.0%5.75%
18 Thumb Bank and Trust C 2013 35.0%
19 Blg Holdings B 1916 0.0%6.63%
20 Dort Financial Credit Union C 1810 33.3%6.06%
21 Everett Financial C 179 0.0%6.81%
22 Pennymac Loan Services C 165 6.3%6.13%
23 21st Mortgage F 169 43.8%8.71%
24 Michigan Mutual C 1612 12.5%7.25%
25 Coastal Community Bank C 163 6.3%9.74%

Best approval odds in Tuscola County

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

#LenderDecidedDecision denial rate
1Frankenmuth Credit Union1973.6%
2United Shore Financial Services8119.8%
3Rocket Mortgage13720.4%
4The Huntington National Bank8343.4%

What Tuscola County borrowers applied for

By loan purpose

Home purchase 692 42% · 9.8% denied
Refinance 199 12% · 18.1% denied
Cash-out refinance 347 21% · 23.6% denied
Home improvement 148 9% · 27.0% denied
Other / HELOC 245 15% · 22.5% denied

By loan type

Conventional 1,135 70% · 16.1% denied
FHA 326 20% · 20.3% denied
VA 132 8% · 21.2% denied
USDA / RHS 38 2% · 10.5% denied

Why applications were denied

Credit history 79 29%
Debt-to-income ratio 66 25%
Collateral 53 20%
Incomplete application 42 16%
Other 17 6%
Insufficient cash 8 3%
Unverifiable information 2 1%
Employment history 1 0%

Tuscola County by year

YearApplicationsOriginatedDenial rateMedian rateMedian loan
20231,41684118.6%7.12%$115,000
20241,41490617.5%6.99%$115,000
20251,6311,00217.2%6.88%$125,000

Frequently asked questions

17.2% of applications in Tuscola County were denied in 2025, against 18.5% statewide in Michigan.

Frankenmuth Credit Union, with 224 applications in 2025 and a denial rate of 3.1%.

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