Lenders › Lima One Capital, LLC › Michigan
Lima One Capital, LLC in Michigan
HMDA record for properties in Michigan, calendar year 2024. National record · Michigan overview
HMDA data alone cannot be used to determine whether a lender is complying with fair lending laws. The data do not include some legitimate credit risk considerations for loan approval and loan pricing decisions. Cells under 25 applications are withheld.
In Michigan, Lima One Capital, LLC reported 267 applications and 154 originations for 2024, $39m in all.
Its denial rate in the state was 32.2%, above the Michigan rate of 23.9% across all lenders and compared with the lender's national rate of 26.1%.
Applications in the state were up 73% on 2023.
Compared with the state and the lender's national record
| Measure | In Michigan | Michigan, all lenders | Lima One Capital, LLC, all states | United States |
|---|---|---|---|---|
| Denial rate | 32.2% | 23.9% | 26.1% | 24.3% |
| Median rate spread, pp | — | 0.5 | — | 0.3 |
| Originations with spread of 1.5 pp or more | — | 18.4% | — | 15.6% |
| Average originated loan | $250k | $212k | $343k | $329k |
| Home purchase share | 33.1% | 51.2% | 41.8% | 57.0% |
| FHA-insured share | 0.0% | 10.0% | 0.0% | 13.4% |
| VA-guaranteed share | 0.0% | 4.5% | 0.0% | 7.9% |
Trend by year
ApplicationsOriginations
This lender in stateMichigan, all lenders
Loan purpose and loan type in Michigan
By purpose
Home purchase 33% (51)Refinancing 16% (24)Cash-out refinancing 51% (79)
By type
Conventional 100% (154)
Denial reasons as coded
Share of 73 denials in Michigan by first denial reason coded (outlined bar: all lenders in the state).
Counties in Michigan
| County | Applications | Originations | Amount | Denial rate |
|---|---|---|---|---|
| Wayne County | 155 | 86 | $12m | 32.8% |
| Oakland County | 30 | 15 | $9.8m | 46.4% |
Counties with at least 25 applications, by originations.
Questions and answers
How many mortgages did Lima One Capital, LLC originate in Michigan in 2024?
154 loans totalling $39m, from 267 applications reported for properties in Michigan.
What is Lima One Capital, LLC's denial rate in Michigan?
32.2% of decided applications in Michigan were denied, against 23.9% for all lenders in the state and 26.1% for this lender nationally. HMDA data alone cannot be used to determine whether a lender is complying with fair lending laws.
Which Michigan counties does Lima One Capital, LLC lend in most?
By originations: Wayne County (86), Oakland County (15).
Where does this data come from?
From the 2024 public HMDA loan/application register (FFIEC and CFPB), filtered to the lender's LEI and the property state. Cells under 25 applications are withheld.
Provenance
Source: HMDA public loan/application register 2022, 2023, 2024 (FFIEC and CFPB, public domain), records for this LEI with a property in Michigan. Built 30 Sep 2026; data through 1 Aug 2026. See methodology and corrections.