Lenders › M/I Financial. LLC › Michigan
M/I Financial. 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.
M/I Financial. LLC's 2024 HMDA record for Michigan covers 299 applications, 182 of them originated, worth $65m.
Its denial rate in the state was 2.5%, below the Michigan rate of 23.9% across all lenders and compared with the lender's national rate of 2.9%.
The median rate spread on its Michigan originations was -0.2 percentage points (state median 0.5).
Applications in the state were up 23% on 2023.
Compared with the state and the lender's national record
| Measure | In Michigan | Michigan, all lenders | M/I Financial. LLC, all states | United States |
|---|---|---|---|---|
| Denial rate | 2.5% | 23.9% | 2.9% | 24.3% |
| Median rate spread, pp | -0.2 | 0.5 | -0.3 | 0.3 |
| Originations with spread of 1.5 pp or more | 0.0% | 18.4% | 0.1% | 15.6% |
| Average originated loan | $358k | $212k | $400k | $329k |
| Home purchase share | 100.0% | 51.2% | 100.0% | 57.0% |
| FHA-insured share | 14.8% | 10.0% | 25.9% | 13.4% |
| VA-guaranteed share | 4.9% | 4.5% | 8.9% | 7.9% |
Trend by year
ApplicationsOriginations
This lender in stateMichigan, all lenders
Loan purpose and loan type in Michigan
By purpose
Home purchase 100% (182)
By type
Conventional 80% (146)FHA 15% (27)VA 5% (9)
Denial reasons as coded
Withheld: fewer than 25 denials in the state.
Counties in Michigan
| County | Applications | Originations | Amount | Denial rate |
|---|---|---|---|---|
| Washtenaw County | 90 | 57 | $20m | 1.1% |
| Macomb County | 79 | 49 | $18m | 1.3% |
| Oakland County | 74 | 44 | $16m | 5.6% |
| Wayne County | 55 | 32 | $12m | 2.1% |
Counties with at least 25 applications, by originations.
Questions and answers
How many mortgages did M/I Financial. LLC originate in Michigan in 2024?
182 loans totalling $65m, from 299 applications reported for properties in Michigan.
What is M/I Financial. LLC's denial rate in Michigan?
2.5% of decided applications in Michigan were denied, against 23.9% for all lenders in the state and 2.9% 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 M/I Financial. LLC lend in most?
By originations: Washtenaw County (57), Macomb County (49), Oakland County (44), Wayne County (32).
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.