Home›Michigan›Investment property purchase
investment property lenders · HMDA 2023–2025

Investment property lenders in Michigan

Fat Boy Data analyzed investment property mortgage activity in Michigan to show which lenders are making these loans, how often they approve, how often borrowers accept the offer, and how much they typically finance. 23,071 applications were decided by 619 lenders between 2023 and 2025.

Michigan at a glance

619Active lenders151 with 20+ decisions
86.0%Market approval rate19,841 of 23,071 decided
$135KTypical loanmedian lender, $10K brackets
96%Borrower take-up18,955 loans funded

How Michigan compares

Approval rate compared
Michigan86.0%All 616 counties87.5%
Typical loan compared
Michigan$135KAll 616 counties$255K

What the data shows

Kiavi Funding, Inc. made the most investment property mortgages in Michigan, 1,687 of them.

Consumers Credit Union approved the highest share of applications among lenders with at least 20 decisions here, 100% of 179.

The typical investment property mortgage here is $135K, 47% smaller than the the United States typical of $255K.

Approval rate of all 60 lenders with 20+ decisions here
0%25%50%75%100%One lender: 20% approved of 350One lender: 41% approved of 141One lender: 53% approved of 97One lender: 54% approved of 108One lender: 62% approved of 84One lender: 67% approved of 113One lender: 68% approved of 99One lender: 72% approved of 186One lender: 74% approved of 14921St Mortgage Corporation: 74% approved of 528One lender: 74% approved of 477One lender: 76% approved of 101One lender: 77% approved of 105One lender: 78% approved of 515One lender: 82% approved of 80One lender: 84% approved of 131One lender: 84% approved of 182One lender: 85% approved of 131One lender: 85% approved of 129United Wholesale Mortgage, LLC: 86% approved of 3,756One lender: 86% approved of 93One lender: 86% approved of 79One lender: 86% approved of 161One lender: 87% approved of 119One lender: 87% approved of 448Rocket Mortgage, LLC: 87% approved of 1,150One lender: 87% approved of 91One lender: 87% approved of 441One lender: 87% approved of 102One lender: 88% approved of 369One lender: 88% approved of 183One lender: 88% approved of 150Kiavi Funding, Inc.: 88% approved of 1,987One lender: 88% approved of 154One lender: 89% approved of 131One lender: 90% approved of 77One lender: 90% approved of 79One lender: 92% approved of 83One lender: 92% approved of 87One lender: 92% approved of 371One lender: 93% approved of 242One lender: 93% approved of 226One lender: 93% approved of 258One lender: 93% approved of 91Lake Michigan Credit Union: 93% approved of 629One lender: 94% approved of 126One lender: 94% approved of 230One lender: 94% approved of 183One lender: 94% approved of 215One lender: 95% approved of 80One lender: 96% approved of 180One lender: 96% approved of 78One lender: 96% approved of 213One lender: 97% approved of 150One lender: 97% approved of 103One lender: 98% approved of 101One lender: 100% approved of 179One lender: 100% approved of 158One lender: 100% approved of 88One lender: 100% approved of 86

Each dot is one lender, placed at its approval rate. Hover for the sample size; the 5 largest lenders are named, the rest are behind the unlock.

Investment property lenders in Michigan

LenderApprovalApprovedTaken upTypical loanLoans made
1United Wholesale Mortgage, LLCBroker only86%3,228 / 3,75698%$125K3,178
2Kiavi Funding, Inc.88%1,752 / 1,98796%$135K1,687
3Rocket Mortgage, LLC87%998 / 1,15099%$135K985
4Lake Michigan Credit Union93%588 / 62998%$205K579
521St Mortgage Corporation74%392 / 52890%$65K352

Ranked by lending volume. Approval is the share of decided applications a lender approved; taken up is the share of approvals borrowers accepted. Lenders with fewer than 20 decisions are marked as a limited sample and never used for a “highest approval” claim.How the numbers work.

Fat Boy found 614 more lenders.

One email unlocks every lender Fat Boy found.

You are seeing the 5 largest investment property mortgage lenders in Michigan. Unlock the full market: every lender that decided one of these loans here, what they approved, how much borrowers took, and how close the nearest office is.

  • Every lender in the market
  • Approval rate and borrower take-up
  • Typical loan size and range
  • Nearest office and distance
  • Branch count and application options
  • How easy each lender is to reach

We email you the unlock link plus occasional updates on this market. We may also share your interest with mortgage providers so they can contact you.See how we use your data. Unsubscribe any time.

Also active in Michigan

Other lending data for Michigan

Counties in Michigan