Lender in Michigan · HMDA 2025
Mr. Cooper mortgages in Michigan
Mr. Cooper's 2025 home-purchase and refinance lending in Michigan, compared with all lenders in the state.
Mr. Cooper originated 887 owner-occupied single-family loans in Michigan from 1,075 completed applications.
Its median conventional purchase loan costs were $4,730 versus $4,140 for all Michigan lenders, at a median 30-year fixed rate of 6.625% (Michigan: 6.625%).
Loans in MI
887
of 1,075 applications
Denial rate
8.9%
Purchase · MI 7.8%
Rate spread
+0.13 pts
Conv. · MI +0.23 pts
Loan amount
$245,000
Purchase · MI $245,000
By loan purpose
| Purpose | Applications | Loans | Denial rate | 30-yr rate* | Rate spread* | Loan costs* | Median loan |
|---|---|---|---|---|---|---|---|
| Home purchase | 135 | 122 | 8.9% | 6.625% | +0.13 pts | $4,730 | $245,000 |
| Refinance | 311 | 265 | 12.2% | 6.125% | −0.05 pts | $5,760 | $255,000 |
| Cash-out refinance | 629 | 500 | 19.4% | 7.125% | +0.93 pts | $6,980 | $155,000 |
*Conventional loans only; medians with at least 20 loans.
Michigan counties where Mr. Cooper ranks in the top 25
Showing the 30 counties where it ranks highest, of 34.
| County | Rank | Loans | Market share |
|---|---|---|---|
| Kalkaska County | 8 | 6 | 2.6% |
| Alcona County | 8 | 3 | 2.4% |
| Arenac County | 9 | 4 | 2.5% |
| Osceola County | 10 | 5 | 2.2% |
| Dickinson County | 11 | 5 | 2.2% |
| Gogebic County | 12 | 3 | 1.8% |
| Houghton County | 12 | 3 | 0.9% |
| Marquette County | 14 | 7 | 1.2% |
| Gladwin County | 14 | 6 | 1.7% |
| Iosco County | 14 | 4 | 1.4% |
| Menominee County | 14 | 3 | 1.6% |
| Mason County | 15 | 4 | 1.3% |
| Delta County | 18 | 2 | 1.1% |
| Lake County | 18 | 2 | 1.4% |
| Ontonagon County | 18 | 1 | 1.8% |
| Clinton County | 20 | 12 | 1.1% |
| Isabella County | 20 | 5 | 0.8% |
| Antrim County | 20 | 3 | 1.1% |
| Huron County | 20 | 3 | 1.0% |
| Manistee County | 20 | 3 | 1.1% |
| Alpena County | 20 | 2 | 0.9% |
| Ingham County | 21 | 28 | 0.8% |
| St. Clair County | 21 | 24 | 1.0% |
| Otsego County | 21 | 3 | 0.9% |
| Cheboygan County | 21 | 2 | 0.9% |
| Presque Isle County | 21 | 1 | 1.2% |
| Eaton County | 22 | 16 | 1.0% |
| Leelanau County | 22 | 2 | 0.9% |
| Oceana County | 22 | 2 | 0.7% |
| Washtenaw County | 23 | 34 | 0.8% |
- Mr. Cooper nationwide
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Source: FFIEC/CFPB HMDA 2025 public LAR. Statistical profile, not a review or offer. Methodology