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Success Mortgage Partners, Inc in Michigan

HMDA record for properties in Michigan, calendar year 2024. National record · Michigan overview

LEI 549300VMX06UV1F7NS76
Reporting agency Department of Housing and Urban Development
State Michigan

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.

Success Mortgage Partners, Inc's 2024 HMDA record for Michigan covers 1,241 applications, 1,001 of them originated, worth $225m.

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 3.0%.

The median rate spread on its Michigan originations was 0.6 percentage points (state median 0.5).

Applications in the state were up 12% on 2023.

1,241applications in MI, 202423.1% of the lender's total
1,001loans originated$225m
2.5%denial rateMI all lenders 23.9%
0.6 ppmedian rate spreadMI 0.5 pp

Compared with the state and the lender's national record

MeasureIn MichiganMichigan, all lendersSuccess Mortgage Partners, Inc, all statesUnited States
Denial rate2.5%23.9%3.0%24.3%
Median rate spread, pp0.60.50.50.3
Originations with spread of 1.5 pp or more5.4%18.4%6.8%15.6%
Average originated loan$225k$212k$268k$329k
Home purchase share91.6%51.2%87.9%57.0%
FHA-insured share27.1%10.0%33.3%13.4%
VA-guaranteed share7.7%4.5%11.0%7.9%

Trend by year

ApplicationsOriginations

08211,6422022: 1,642 Applications2023: 1,106 Applications2024: 1,241 Applications2022: 1,209 Originations2023: 887 Originations2024: 1,001 Originations202220232024
Success Mortgage Partners, Inc in Michigan: applications and originations, 2022–2024

This lender in stateMichigan, all lenders

0%12.2%24.3%2022: 4.6% This lender in state2023: 3% This lender in state2024: 2.5% This lender in state202220232024
Denial rate by year, state rate dashed

Loan purpose and loan type in Michigan

By purpose

Home purchase 92% (917)Refinancing 3% (28)Cash-out refinancing 6% (56)

By type

Conventional 65% (646)FHA 27% (271)VA 8% (77)USDA 1% (7)

Denial reasons as coded

Credit history23.1%
Debt-to-income ratio19.2%
Insufficient cash (downpayment, closing costs)19.2%
Unverifiable information15.4%
Other15.4%
Employment history7.7%
Collateral0%
Credit application incomplete0%
Mortgage insurance denied0%

Share of 26 denials in Michigan by first denial reason coded (outlined bar: all lenders in the state).

Counties in Michigan

CountyApplicationsOriginationsAmountDenial rate
Wayne County234191$38m4.5%
Kent County160127$31m2.3%
Kalamazoo County136115$23m2.5%
Macomb County10794$24m2.1%
Oakland County8367$22m2.9%
Livingston County4838$12m0.0%
Calhoun County4834$5.3m10.5%
Allegan County4133$7.2m0.0%
Genesee County4133$5.8m0.0%
Ottawa County3832$9.0m0.0%
Van Buren County2718$3.8m—
Muskegon County2718$3.0m—

Counties with at least 25 applications, by originations.

Questions and answers

How many mortgages did Success Mortgage Partners, Inc originate in Michigan in 2024?

1,001 loans totalling $225m, from 1,241 applications reported for properties in Michigan.

What is Success Mortgage Partners, Inc's denial rate in Michigan?

2.5% of decided applications in Michigan were denied, against 23.9% for all lenders in the state and 3.0% 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 Success Mortgage Partners, Inc lend in most?

By originations: Wayne County (191), Kent County (127), Kalamazoo County (115), Macomb County (94), Oakland County (67).

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.