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cash-out refinance lenders · HMDA 2023–2025

Cash-out refinance lenders in Wayne County, Michigan

Fat Boy Data analyzed cash-out refinance activity in Wayne County, Michigan, home to Detroit, to show which lenders are making these loans, how often they approve, how often borrowers accept the offer, and how much they typically finance. 18,364 applications were decided by 296 lenders between 2023 and 2025.

Wayne County at a glance

296Active lenders81 with 20+ decisions
66.6%Market approval rate12,234 of 18,364 decided
$115KTypical loanmedian lender, $10K brackets
95%Borrower take-up11,640 loans funded

How Wayne County compares

Approval rate compared
Wayne County66.6%Michigan71.5%All 616 counties68.2%
Typical loan compared
Wayne County$115KMichigan$125KAll 616 counties$155K

What the data shows

Rocket Mortgage, LLC made the most cash-out refinances in Wayne County, MI, 4,211 of them.

That is 36% of every cash-out refinance originated here, so this market is unusually concentrated in one lender.

Gold Star Mortgage Financial Group, Corporation approved the highest share of applications among lenders with at least 20 decisions here, 96% of 51.

Approval rate of all 60 lenders with 20+ decisions here
0%25%50%75%100%One lender: 0% approved of 94One lender: 11% approved of 185Amerisave Mortgage Corporation: 19% approved of 1,186One lender: 30% approved of 93One lender: 31% approved of 139One lender: 33% approved of 45One lender: 35% approved of 92One lender: 35% approved of 250One lender: 37% approved of 217One lender: 38% approved of 213One lender: 43% approved of 306One lender: 46% approved of 46Newrez LLC: 47% approved of 549One lender: 49% approved of 104One lender: 51% approved of 88One lender: 51% approved of 380One lender: 54% approved of 81One lender: 55% approved of 77One lender: 57% approved of 60One lender: 57% approved of 392One lender: 57% approved of 35One lender: 61% approved of 62One lender: 64% approved of 385One lender: 65% approved of 292One lender: 66% approved of 68One lender: 67% approved of 172One lender: 69% approved of 48One lender: 70% approved of 40The Huntington National Bank: 70% approved of 484One lender: 70% approved of 128One lender: 73% approved of 350One lender: 73% approved of 62One lender: 73% approved of 241One lender: 73% approved of 83One lender: 74% approved of 38One lender: 74% approved of 38One lender: 74% approved of 43United Wholesale Mortgage, LLC: 74% approved of 1,809One lender: 75% approved of 193One lender: 77% approved of 100One lender: 78% approved of 41Rocket Mortgage, LLC: 79% approved of 5,477One lender: 80% approved of 83One lender: 80% approved of 368One lender: 81% approved of 32One lender: 83% approved of 349One lender: 83% approved of 81One lender: 86% approved of 369One lender: 87% approved of 52One lender: 87% approved of 67One lender: 87% approved of 85One lender: 88% approved of 52One lender: 92% approved of 37One lender: 94% approved of 62One lender: 94% approved of 230One lender: 94% approved of 53One lender: 95% approved of 37One lender: 95% approved of 107One lender: 96% approved of 51One lender: 100% approved of 33

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.

Cash-out refinance lenders in Wayne County

LenderApprovalApprovedTaken upTypical loanLoans made
1Rocket Mortgage, LLC79%4,330 / 5,47797%$115K4,211
2United Wholesale Mortgage, LLCBroker only74%1,347 / 1,80997%$155K1,308
3Amerisave Mortgage Corporation19%223 / 1,18697%$85K217
4Newrez LLC47%260 / 54998%$105K256
5The Huntington National Bank70%340 / 48495%$145K324

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 291 more lenders.

One email unlocks every lender Fat Boy found.

You are seeing the 5 largest cash-out refinance lenders in Wayne County. 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

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