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Fifth Third Bank, National Association in Michigan

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

LEI QFROUN1UWUYU0DVIWD51
Reporting agency Office of the Comptroller of the Currency
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.

Fifth Third Bank, National Association's 2024 HMDA record for Michigan covers 8,288 applications, 4,686 of them originated, worth $730m.

Its denial rate in the state was 30.9%, above the Michigan rate of 23.9% across all lenders and compared with the lender's national rate of 32.7%.

The median rate spread on its Michigan originations was 0.8 percentage points (state median 0.5).

Applications in the state were up 7% on 2023.

8,288applications in MI, 202414.8% of the lender's total
4,686loans originated$730m
30.9%denial rateMI all lenders 23.9%
0.8 ppmedian rate spreadMI 0.5 pp

Compared with the state and the lender's national record

MeasureIn MichiganMichigan, all lendersFifth Third Bank, National Association, all statesUnited States
Denial rate30.9%23.9%32.7%24.3%
Median rate spread, pp0.80.50.80.3
Originations with spread of 1.5 pp or more30.3%18.4%30.8%15.6%
Average originated loan$156k$212k$204k$329k
Home purchase share26.7%51.2%30.6%57.0%
FHA-insured share4.0%10.0%3.2%13.4%
VA-guaranteed share0.6%4.5%0.8%7.9%

Trend by year

ApplicationsOriginations

07,33114,6622022: 14,662 Applications2023: 7,754 Applications2024: 8,288 Applications2022: 9,060 Originations2023: 4,563 Originations2024: 4,686 Originations202220232024
Fifth Third Bank, National Association in Michigan: applications and originations, 2022–2024

This lender in stateMichigan, all lenders

0%15.4%30.9%2022: 23.9% This lender in state2023: 27.4% This lender in state2024: 30.9% This lender in state202220232024
Denial rate by year, state rate dashed

Loan purpose and loan type in Michigan

By purpose

Home purchase 27% (1,253)Home improvement 26% (1,220)Refinancing 22% (1,040)Cash-out refinancing 6% (282)Other purpose 19% (891)

By type

Conventional 95% (4,459)FHA 4% (188)VA 1% (29)USDA 0% (10)

Denial reasons as coded

Credit history40.2%
Debt-to-income ratio20%
Other15.7%
Collateral14.1%
Credit application incomplete7%
Unverifiable information2%
Employment history0.8%
Insufficient cash (downpayment, closing costs)0.2%
Mortgage insurance denied0%

Share of 2,158 denials in Michigan by first denial reason coded (outlined bar: all lenders in the state).

Counties in Michigan

CountyApplicationsOriginationsAmountDenial rate
Kent County1,212710$128m27.5%
Ottawa County642432$80m21.8%
Oakland County540298$66m29.9%
Wayne County684278$34m49.6%
Muskegon County393249$29m25.4%
Macomb County409202$25m39.8%
Kalamazoo County302190$33m24.2%
Monroe County238162$19m23.5%
Berrien County308149$25m34.7%
St. Clair County233146$15m29.2%
Ingham County267145$19m32.0%
Grand Traverse County207140$27m20.3%
Allegan County218128$18m27.9%
Calhoun County178113$16m20.3%
Clinton County14397$13m21.0%
Livingston County15086$12m30.7%
Genesee County15277$7.1m36.7%
Shiawassee County11976$5.2m23.0%
Jackson County13461$6.8m39.6%
Van Buren County13060$7.9m46.0%
Barry County9759$7.9m27.1%
Montcalm County8448$6.0m27.9%
Eaton County8847$6.5m33.3%
Washtenaw County8343$13m30.9%
Cass County8742$4.8m37.3%
St. Joseph County8040$5.3m36.8%
Newaygo County7138$7.6m39.1%
Ionia County6238$5.4m25.5%
Wexford County5837$5.4m22.9%
Otsego County5533$4.7m26.7%
Mecosta County4930$3.8m26.2%
Leelanau County4428$13m26.3%
Saginaw County4827$2.9m27.5%
Oceana County5725$3.2m40.9%
Antrim County4225$7.3m32.4%
Midland County3923$2.4m30.3%
Bay County3922$2.4m25.0%
Benzie County2820$3.9m20.0%
Lenawee County4219$2.8m42.4%
Mason County4318$2.0m41.7%

Counties with at least 25 applications, by originations.

Questions and answers

How many mortgages did Fifth Third Bank, National Association originate in Michigan in 2024?

4,686 loans totalling $730m, from 8,288 applications reported for properties in Michigan.

What is Fifth Third Bank, National Association's denial rate in Michigan?

30.9% of decided applications in Michigan were denied, against 23.9% for all lenders in the state and 32.7% 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 Fifth Third Bank, National Association lend in most?

By originations: Kent County (710), Ottawa County (432), Oakland County (298), Wayne County (278), Muskegon County (249).

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.