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cash-out refinance lenders · HMDA 2023–2025

Cash-out refinance lenders in Monroe County, Michigan

Fat Boy Data analyzed cash-out refinance activity in Monroe County, 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. 2,122 applications were decided by 142 lenders between 2023 and 2025.

Monroe County at a glance

142Active lenders18 with 20+ decisions
72.0%Market approval rate1,529 of 2,122 decided
$125KTypical loanmedian lender, $10K brackets
95%Borrower take-up1,447 loans funded

How Monroe County compares

Approval rate compared
Monroe County72.0%Michigan71.5%All 616 counties68.2%
Typical loan compared
Monroe County$125KMichigan$125KAll 616 counties$155K

What the data shows

Rocket Mortgage, LLC made the most cash-out refinances in Monroe County, MI, 510 of them.

That is 35% of every cash-out refinance originated here, so this market is unusually concentrated in one lender.

American Financial Network, Inc. approved the highest share of applications among lenders with at least 20 decisions here, 96% of 47.

Approval rate of all 18 lenders with 20+ decisions here
0%25%50%75%100%Amerisave Mortgage Corporation: 27% approved of 96New Day Financial, LLC: 31% approved of 36Lakeview Loan Servicing, LLC: 38% approved of 29Carrington Mortgage Services, LLC: 50% approved of 56Newrez LLC: 65% approved of 60Loandepot.Com, LLC: 67% approved of 48KeyBank National Association: 68% approved of 25Freedom Mortgage Corporation: 69% approved of 35United Wholesale Mortgage, LLC: 72% approved of 109Flagstar Bank, National Association: 73% approved of 22Rocket Mortgage, LLC: 79% approved of 668First Merchants Bank: 80% approved of 25Fifth Third Bank, National Association: 81% approved of 31Tlc Community Credit Union: 81% approved of 53The Huntington National Bank: 86% approved of 202Nationstar Mortgage LLC: 88% approved of 56Crosscountry Mortgage, LLC: 96% approved of 23American Financial Network, Inc.: 96% approved of 47

Each dot is one lender, placed at its approval rate. Hover for the name and sample size.

Cash-out refinance lenders in Monroe County

LenderApprovalApprovedTaken upTypical loanLoans made
1Rocket Mortgage, LLC79%527 / 66897%$125K510
2The Huntington National Bank86%173 / 20294%$115K163
3United Wholesale Mortgage, LLCBroker only72%79 / 10995%$175K75
4Amerisave Mortgage Corporation27%26 / 96100%$75K26
5Newrez LLC65%39 / 6097%$115K38

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

Fat Boy found 137 more lenders.

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You are seeing the 5 largest cash-out refinance lenders in Monroe County. Unlock every lender who decided one of these loans here, what they approved, how much borrowers actually took, and how far the nearest office is.

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