Lenders › JPMorgan Chase Bank, NA › Michigan
JPMorgan Chase Bank, NA 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, JPMorgan Chase Bank, NA reported 3,973 applications and 2,422 originations for 2024, $658m in all.
Its denial rate in the state was 14.4%, below the Michigan rate of 23.9% across all lenders and compared with the lender's national rate of 12.8%.
The median rate spread on its Michigan originations was 0.3 percentage points (state median 0.5).
Applications in the state were up 14% on 2023.
Compared with the state and the lender's national record
| Measure | In Michigan | Michigan, all lenders | JPMorgan Chase Bank, NA, all states | United States |
|---|---|---|---|---|
| Denial rate | 14.4% | 23.9% | 12.8% | 24.3% |
| Median rate spread, pp | 0.3 | 0.5 | 0.1 | 0.3 |
| Originations with spread of 1.5 pp or more | 5.4% | 18.4% | 2.0% | 15.6% |
| Average originated loan | $272k | $212k | $627k | $329k |
| Home purchase share | 66.4% | 51.2% | 73.8% | 57.0% |
| FHA-insured share | 2.2% | 10.0% | 1.7% | 13.4% |
| VA-guaranteed share | 1.4% | 4.5% | 1.1% | 7.9% |
Trend by year
ApplicationsOriginations
This lender in stateMichigan, all lenders
Loan purpose and loan type in Michigan
By purpose
Home purchase 66% (1,607)Home improvement 3% (82)Refinancing 10% (252)Cash-out refinancing 14% (348)Other purpose 5% (133)
By type
Conventional 96% (2,334)FHA 2% (53)VA 1% (35)
Denial reasons as coded
Share of 417 denials in Michigan by first denial reason coded (outlined bar: all lenders in the state).
Counties in Michigan
| County | Applications | Originations | Amount | Denial rate |
|---|---|---|---|---|
| Oakland County | 941 | 566 | $205m | 11.2% |
| Wayne County | 902 | 492 | $98m | 21.8% |
| Macomb County | 396 | 260 | $65m | 9.0% |
| Kent County | 229 | 152 | $41m | 9.4% |
| Washtenaw County | 168 | 112 | $43m | 7.3% |
| Genesee County | 133 | 75 | $10m | 19.6% |
| Berrien County | 96 | 63 | $28m | 12.5% |
| Ingham County | 90 | 63 | $11m | 13.7% |
| Ottawa County | 78 | 58 | $17m | 9.2% |
| St. Clair County | 83 | 51 | $8.0m | 11.9% |
| Livingston County | 83 | 50 | $13m | 13.3% |
| Kalamazoo County | 76 | 42 | $9.9m | 17.6% |
| Grand Traverse County | 59 | 37 | $13m | 15.6% |
| Muskegon County | 37 | 28 | $5.0m | 9.4% |
| Saginaw County | 38 | 20 | $3.2m | 21.4% |
| Lapeer County | 28 | 18 | $3.6m | — |
| Jackson County | 28 | 16 | $4.5m | — |
Counties with at least 25 applications, by originations.
Questions and answers
How many mortgages did JPMorgan Chase Bank, NA originate in Michigan in 2024?
2,422 loans totalling $658m, from 3,973 applications reported for properties in Michigan.
What is JPMorgan Chase Bank, NA's denial rate in Michigan?
14.4% of decided applications in Michigan were denied, against 23.9% for all lenders in the state and 12.8% 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 JPMorgan Chase Bank, NA lend in most?
By originations: Oakland County (566), Wayne County (492), Macomb County (260), Kent County (152), Washtenaw County (112).
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.