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investment property lenders · HMDA 2023–2025

Investment property lenders in Wayne County, Michigan

Fat Boy Data analyzed investment property mortgage 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. 7,601 applications were decided by 305 lenders between 2023 and 2025.

Wayne County at a glance

305Active lenders56 with 20+ decisions
82.2%Market approval rate6,250 of 7,601 decided
$105KTypical loanmedian lender, $10K brackets
94%Borrower take-up5,894 loans funded

How Wayne County compares

Approval rate compared
Wayne County82.2%Michigan86.0%All 616 counties87.5%
Typical loan compared
Wayne County$105KMichigan$135KAll 616 counties$255K

What the data shows

Kiavi Funding, Inc. made the most investment property mortgages in Wayne County, MI, 933 of them.

Velocity Commercial Capital, LLC approved the highest share of applications among lenders with at least 20 decisions here, 100% of 65.

The typical investment property mortgage here is $105K, 22% smaller than the Michigan typical of $135K.

Approval rate of all 56 lenders with 20+ decisions here
0%25%50%75%100%One lender: 19% approved of 216One lender: 40% approved of 73One lender: 43% approved of 49One lender: 43% approved of 21One lender: 43% approved of 23One lender: 46% approved of 26One lender: 58% approved of 24One lender: 59% approved of 54One lender: 59% approved of 27One lender: 64% approved of 45Loan Funder LLC: 70% approved of 368One lender: 72% approved of 50One lender: 72% approved of 25One lender: 72% approved of 29One lender: 74% approved of 47One lender: 75% approved of 20One lender: 78% approved of 27One lender: 81% approved of 134One lender: 84% approved of 143One lender: 85% approved of 101One lender: 85% approved of 156United Wholesale Mortgage, LLC: 86% approved of 1,656One lender: 86% approved of 28One lender: 86% approved of 21Bpl Mortgage, LLC: 86% approved of 382Kiavi Funding, Inc.: 86% approved of 1,121One lender: 86% approved of 44One lender: 87% approved of 30Rocket Mortgage, LLC: 87% approved of 414One lender: 88% approved of 64One lender: 88% approved of 67One lender: 88% approved of 101One lender: 88% approved of 60One lender: 89% approved of 28One lender: 90% approved of 29One lender: 90% approved of 30One lender: 91% approved of 55One lender: 92% approved of 131One lender: 93% approved of 56One lender: 94% approved of 47One lender: 95% approved of 58One lender: 96% approved of 28One lender: 97% approved of 60One lender: 97% approved of 60One lender: 97% approved of 34One lender: 98% approved of 57One lender: 100% approved of 78One lender: 100% approved of 65One lender: 100% approved of 26One lender: 100% approved of 25One lender: 100% approved of 23One lender: 100% approved of 23One lender: 100% approved of 21One lender: 100% approved of 21One lender: 100% approved of 20One lender: 100% approved of 20

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 Wayne County

LenderApprovalApprovedTaken upTypical loanLoans made
1United Wholesale Mortgage, LLCBroker only86%1,416 / 1,65698%$95K1,390
2Kiavi Funding, Inc.86%968 / 1,12196%$135K933
3Rocket Mortgage, LLC87%362 / 41498%$125K354
4Bpl Mortgage, LLC86%328 / 38282%$75K269
5Loan Funder LLC70%258 / 36892%$105K237

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 300 more lenders.

One email unlocks every lender Fat Boy found.

You are seeing the 5 largest investment property mortgage 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.

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  • 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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