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refinance lenders · HMDA 2023–2025

Refinance lenders in Monroe County, Michigan

Fat Boy Data analyzed mortgage 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. 1,791 applications were decided by 134 lenders between 2023 and 2025.

Monroe County at a glance

134Active lenders17 with 20+ decisions
80.0%Market approval rate1,433 of 1,791 decided
$125KTypical loanmedian lender, $10K brackets
95%Borrower take-up1,356 loans funded

How Monroe County compares

Approval rate compared
Monroe County80.0%Michigan78.1%All 616 counties76.5%
Typical loan compared
Monroe County$125KMichigan$145KAll 616 counties$295K

What the data shows

First Merchants Bank made the most mortgage refinances in Monroe County, MI, 189 of them.

Monroe Community Credit Union approved the highest share of applications among lenders with at least 20 decisions here, 97% of 67.

The typical mortgage refinance here is $125K, 14% smaller than the Michigan typical of $145K.

Approval rate of all 17 lenders with 20+ decisions here
0%25%50%75%100%Discover Bank: 10% approved of 20Bank of America, National Association: 43% approved of 21KeyBank National Association: 72% approved of 25The Huntington National Bank: 75% approved of 134PNC Bank, National Association: 77% approved of 69First Merchants Bank: 77% approved of 251Directions Credit Union, Inc.: 77% approved of 39Rocket Mortgage, LLC: 78% approved of 162Citizens Bank, National Association: 84% approved of 68Fifth Third Bank, National Association: 85% approved of 191United Wholesale Mortgage, LLC: 85% approved of 130Old National Bank: 90% approved of 21American Financial Network, Inc.: 93% approved of 42Union Home Mortgage Corp.: 94% approved of 35Freedom Mortgage Corporation: 95% approved of 42Village Capital & Investment LLC: 96% approved of 23Monroe Community Credit Union: 97% approved of 67

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

Refinance lenders in Monroe County

LenderApprovalApprovedTaken upTypical loanLoans made
1First Merchants Bank77%193 / 25198%$85K189
2Fifth Third Bank, National Association85%162 / 19196%$105K155
3Rocket Mortgage, LLC78%127 / 16293%$195K118
4The Huntington National Bank75%100 / 13492%$125K92
5United Wholesale Mortgage, LLCBroker only85%111 / 13098%$255K109

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 129 more lenders.

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You are seeing the 5 largest mortgage 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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