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Mortgage Research Center 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.
Mortgage Research Center's 2024 HMDA record for Michigan covers 4,004 applications, 2,013 of them originated, worth $510m.
Its denial rate in the state was 25.4%, close to the Michigan rate of 23.9% across all lenders and compared with the lender's national rate of 24.0%.
The median rate spread on its Michigan originations was -0.0 percentage points (state median 0.5).
Applications in the state were up 24% on 2023.
Compared with the state and the lender's national record
| Measure | In Michigan | Michigan, all lenders | Mortgage Research Center, all states | United States |
|---|---|---|---|---|
| Denial rate | 25.4% | 23.9% | 24.0% | 24.3% |
| Median rate spread, pp | -0.0 | 0.5 | -0.1 | 0.3 |
| Originations with spread of 1.5 pp or more | 1.3% | 18.4% | 0.8% | 15.6% |
| Average originated loan | $254k | $212k | $315k | $329k |
| Home purchase share | 83.6% | 51.2% | 81.8% | 57.0% |
| FHA-insured share | 3.1% | 10.0% | 2.9% | 13.4% |
| VA-guaranteed share | 90.9% | 4.5% | 92.4% | 7.9% |
Trend by year
ApplicationsOriginations
This lender in stateMichigan, all lenders
Loan purpose and loan type in Michigan
By purpose
Home purchase 84% (1,683)Refinancing 13% (253)Cash-out refinancing 4% (77)
By type
Conventional 6% (117)FHA 3% (63)VA 91% (1,830)USDA 0% (3)
Denial reasons as coded
Share of 693 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 | 499 | 221 | $48m | 30.0% |
| Macomb County | 274 | 134 | $36m | 23.5% |
| Oakland County | 256 | 114 | $39m | 29.4% |
| Genesee County | 184 | 88 | $20m | 28.6% |
| Saginaw County | 143 | 76 | $17m | 17.9% |
| Jackson County | 124 | 67 | $17m | 17.1% |
| Ingham County | 115 | 65 | $13m | 21.7% |
| Kalamazoo County | 119 | 58 | $17m | 23.7% |
| Calhoun County | 103 | 55 | $13m | 31.7% |
| Muskegon County | 100 | 50 | $13m | 28.6% |
| Kent County | 107 | 48 | $16m | 31.9% |
| Monroe County | 74 | 45 | $13m | 15.1% |
| St. Clair County | 81 | 43 | $12m | 23.2% |
| Lenawee County | 65 | 35 | $8.7m | 14.3% |
| Washtenaw County | 64 | 35 | $11m | 16.7% |
| Eaton County | 57 | 32 | $8.9m | 17.5% |
| Bay County | 70 | 31 | $5.6m | 29.5% |
| Berrien County | 57 | 30 | $8.4m | 25.0% |
| Shiawassee County | 58 | 28 | $6.3m | 31.7% |
| Livingston County | 60 | 24 | $8.5m | 29.4% |
| Ottawa County | 51 | 24 | $8.8m | 29.4% |
| Allegan County | 43 | 24 | $7.7m | 25.0% |
| Marquette County | 37 | 24 | $4.3m | 7.7% |
| Clare County | 34 | 23 | $4.0m | 17.9% |
| Midland County | 43 | 22 | $5.6m | 15.4% |
| Van Buren County | 42 | 22 | $6.4m | 21.4% |
| Isabella County | 40 | 22 | $5.0m | 24.1% |
| Montcalm County | 38 | 22 | $5.1m | 26.7% |
| Tuscola County | 41 | 21 | $4.4m | 19.2% |
| Otsego County | 34 | 21 | $5.1m | 25.0% |
| Roscommon County | 43 | 20 | $4.0m | 28.6% |
| Chippewa County | 28 | 20 | $4.3m | 20.0% |
| Delta County | 34 | 18 | $3.5m | — |
| Dickinson County | 32 | 18 | $3.7m | — |
| St. Joseph County | 30 | 17 | $3.6m | 30.8% |
| Menominee County | 29 | 17 | $3.3m | — |
| Lapeer County | 37 | 16 | $5.7m | 36.0% |
| Barry County | 28 | 16 | $4.6m | — |
| Sanilac County | 27 | 16 | $3.5m | — |
| Wexford County | 39 | 15 | $4.0m | — |
Counties with at least 25 applications, by originations.
Questions and answers
How many mortgages did Mortgage Research Center originate in Michigan in 2024?
2,013 loans totalling $510m, from 4,004 applications reported for properties in Michigan.
What is Mortgage Research Center's denial rate in Michigan?
25.4% of decided applications in Michigan were denied, against 23.9% for all lenders in the state and 24.0% 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 Mortgage Research Center lend in most?
By originations: Wayne County (221), Macomb County (134), Oakland County (114), Genesee County (88), Saginaw County (76).
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.