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Mortgage lending in Michigan

Lenders in Michigan reported 383,226 mortgage applications for 2025, according to the CFPB.

383,226 mortgage applications and 229,505 loans originated in 2025. 70,986 of the 314,334 applications decided were denied, 22.6%. From 2025, the CFPB’s Snapshot release.

383,226
Applications
229,505
Loans originated
22.7 per 1,000 residents, over the Census Bureau's 2025 estimate.
22.6%
Denial rate
70,986 denied of 314,334 applications decided.

The largest lenders in Michigan

2 more columns on a wider screen

Lenders in Michigan by loans originated, 2025
RankLenderOriginated
1Rocket Mortgage22,693
2United Wholesale Mortgage22,015
3Lake Michigan Credit Union12,864
4Huntington National Bank10,932
5Fifth Third Bank, National Association6,106
6Union Home Mortgage Corp.4,118
7Citizens Bank, NA3,697
8Mortgage 1 Incorporated3,342
9JPMorgan Chase Bank, NA2,995
10DFCU Financial2,985
11Consumers Credit Union2,929
12Michigan Schools and Governmen2,902
13PNC Bank N.A.2,885
14Genisys Credit Union2,770
15Flagstar Bank NA2,677
16Dart Bank2,600
17Msu Federal Credit Union2,552
18Staunton Financial Inc2,473
19Mortgage Research Center2,334
20Crosscountry Mortgage, LLC2,327
21Independent Bank2,257
22Mortgage Center LC2,215
23Mercantile Bank2,101
24Bank of America NA1,939
25First Merchants Bank1,861

Counties in Michigan

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Counties in Michigan by loans originated, with the median loan, 2025
CountyOriginatedMedian loan
Wayne County33,667$145,000
Oakland County31,668$235,000
Macomb County21,475$175,000
Kent County16,640$205,000
Genesee County8,751$145,000
Ottawa County7,794$215,000
Washtenaw County7,140$245,000
Kalamazoo County6,162$165,000
Livingston County5,580$225,000
Ingham County5,496$145,000
Muskegon County4,775$165,000
St. Clair County4,320$155,000
Monroe County4,125$165,000
Berrien County4,011$165,000
Jackson County3,600$155,000
Saginaw County3,495$135,000
Allegan County3,398$205,000
Calhoun County3,152$125,000
Grand Traverse County2,514$235,000
Eaton County2,482$165,000
Lenawee County2,324$145,000
Lapeer County2,268$185,000
Bay County2,131$125,000
Van Buren County2,006$165,000
Clinton County1,898$195,000
Barry County1,783$175,000
Montcalm County1,767$165,000
Midland County1,716$175,000
Shiawassee County1,675$145,000
Ionia County1,478$165,000
St. Joseph County1,462$145,000
Newaygo County1,332$165,000
Cass County1,324$165,000
Isabella County1,101$145,000
Marquette County1,018$175,000
Mecosta County1,004$155,000
Tuscola County1,002$135,000
Hillsdale County947$155,000
Branch County909$145,000
Roscommon County852$145,000
Clare County848$125,000
Wexford County796$165,000
Sanilac County780$145,000
Emmet County777$245,000
Antrim County773$195,000
Otsego County726$175,000
Leelanau County704$295,000
Gladwin County697$145,000
Gratiot County687$135,000
Charlevoix County668$215,000
Oceana County576$175,000
Mason County569$175,000
Huron County566$125,000
Benzie County521$245,000
Houghton County521$135,000
Manistee County521$175,000
Iosco County513$135,000
Cheboygan County482$190,000
Kalkaska County476$195,000
Osceola County472$135,000
Ogemaw County438$135,000
Crawford County394$145,000
Alpena County359$145,000
Chippewa County359$165,000
Dickinson County336$135,000
Lake County336$145,000
Missaukee County336$155,000
Arenac County325$125,000
Montmorency County316$125,000
Menominee County311$135,000
Iron County299$95,000
Gogebic County264$115,000
Delta County259$175,000
Alcona County253$155,000
Oscoda County204$130,000
Presque Isle County185$145,000
Mackinac County128$165,000
Alger County115$175,000
Baraga County97$135,000
Ontonagon County91$125,000
Schoolcraft County85$135,000
Luce County80$125,000
Keweenaw County40under 50 loans

Michigan elsewhere on the Factbook

  • Reported crime Crime and justice

    Offenses reported to police by type, the trend, and the reporting coverage.

  • Most dangerous cities in Michigan Crime and justice

    What each agency serving 25,000 or more reported, ranked. Agency populations overlap, so these do not add up to the state.

  • Prison population Crime and justice

    People held under the state’s correctional authority, and the imprisonment rate. A different publisher counting a different thing.

  • Arrests by race, sex and age Crime and justice

    Arrests as the FBI’s participating agencies reported them, with what the figures can and cannot support at the top.

  • Hate crime Crime and justice

    Incidents reported to the FBI by bias motivation, as counts — the collection publishes no participation share, so there is no rate to compare states on.

  • Federal obligations Federal spending

    What federal agencies obligated against a place of performance in the state, per resident and by agency.

  • Registered nonprofits Nonprofits

    How many organizations the IRS lists in the state, what they report as revenue, and which kinds of work they do.

  • Payments to doctors Health

    What drug and device companies reported paying doctors with a practice address in the state, and the largest recipients.

  • Immigration courts Immigration and the border

    The EOIR courts sitting in the state, what they completed and still have pending, and how far apart their asylum grant rates are. The courts, not the state’s residents: a detention court hears cases from far outside it.

  • Farm program payments Farm subsidies

    What the Farm Service Agency paid through the state’s county offices, by program and by recipient. The offices that administered the payments, not a count of farms: a recipient addressed elsewhere is counted where they were paid.

  • Paycheck Protection Program loans PPP loans

    The PPP loans SBA guaranteed to businesses operating in the state, by county, with how many carry a forgiveness amount and how many were charged off. Loans, not businesses: a business with two draws is two loans.

  • Public schools Schools

    Pupils, schools and teachers, the largest districts, what districts spend per pupil and where the money comes from, and the colleges that take federal student aid.

  • Banks and credit unions Banks and credit unions

    The FDIC-insured banks headquartered in the state and their offices, and the credit unions based there and their sites, each per resident and against every other state.

  • Housing Housing

    The homes under HUD’s rental assistance programs in the state, by program and county, and its tax-credit housing, each per resident and against every other state.

  • College athletics Sports

    Every college in the state that reported to the Equity in Athletics survey, ranked by its athletics revenue, with its expenses, athletes and athletic aid.

  • Federal civilian workforce Federal salaries

    Federal civilian employees stationed in the state by agency and occupation, with the pay OPM publishes and the share it withholds.

  • The Michigan Factbook entry Across the Factbook

    Every measure the Factbook publishes for this state in one place, each with where it ranks among the others and the record it came from.

The immigration link above is EOIR’s courts, which sit in this state. CBP’s encounters are not by state and will not be: its sectors and field offices are areas of responsibility rather than a geography, and assigning them to states would be a claim the data does not make. Immigration and the border.

More about Michigan →

Sources

Compiled automatically from HMDA public loan/application register (LAR) — each year's fullest national release, Census Bureau population estimates — nation and states, with components of change, HMDA transmittal sheet — every reporting lender, by year, with its name, HMDA reporter panel — every reporting lender, by year, with its RSSD, parent and top holder and Census Bureau county population estimates by a checked SQL query · Editor: Kian O'Connor · How this site is built

Data retrieved