Lender in Michigan · HMDA 2025
Newrez LLC mortgages in Michigan
Newrez LLC's 2025 home-purchase and refinance lending in Michigan, compared with all lenders in the state.
Newrez LLC originated 1,154 owner-occupied single-family loans in Michigan from 1,873 completed applications, making it the state's #21 lender by volume.
Its median conventional purchase loan costs were $4,890 versus $4,140 for all Michigan lenders, at a median 30-year fixed rate of 6.875% (Michigan: 6.625%).
Loans in MI
1,154
of 1,873 applications
Denial rate
11.0%
Purchase · MI 7.8%
Rate spread
+0.42 pts
Conv. · MI +0.23 pts
Loan amount
$255,000
Purchase · MI $245,000
By loan purpose
| Purpose | Applications | Loans | Denial rate | 30-yr rate* | Rate spread* | Loan costs* | Median loan |
|---|---|---|---|---|---|---|---|
| Home purchase | 518 | 458 | 11.0% | 6.875% | +0.42 pts | $4,890 | $255,000 |
| Refinance | 481 | 308 | 32.6% | 6.500% | +0.00 pts | $4,280 | $285,000 |
| Cash-out refinance | 874 | 388 | 55.4% | 6.990% | +0.54 pts | $5,470 | $165,000 |
*Conventional loans only; medians with at least 20 loans.
Michigan counties where Newrez LLC ranks in the top 25
Showing the 30 counties where it ranks highest, of 50.
| County | Rank | Loans | Market share |
|---|---|---|---|
| Ontonagon County | 4 | 3 | 5.4% |
| Wexford County | 8 | 13 | 2.9% |
| Manistee County | 8 | 9 | 3.3% |
| Benzie County | 9 | 5 | 2.3% |
| Charlevoix County | 9 | 5 | 2.2% |
| Ogemaw County | 9 | 4 | 1.8% |
| Luce County | 9 | 1 | 2.6% |
| Presque Isle County | 10 | 2 | 2.4% |
| Eaton County | 11 | 27 | 1.7% |
| Emmet County | 11 | 6 | 1.7% |
| Antrim County | 11 | 4 | 1.5% |
| Roscommon County | 13 | 6 | 1.7% |
| Monroe County | 14 | 37 | 1.6% |
| Tuscola County | 14 | 8 | 1.3% |
| Otsego County | 14 | 4 | 1.3% |
| Chippewa County | 15 | 3 | 1.4% |
| Leelanau County | 16 | 4 | 1.8% |
| Mackinac County | 16 | 1 | 1.8% |
| Clare County | 17 | 6 | 1.4% |
| Huron County | 17 | 3 | 1.0% |
| Macomb County | 18 | 135 | 1.1% |
| Grand Traverse County | 18 | 16 | 1.3% |
| Ionia County | 18 | 13 | 1.5% |
| Mason County | 18 | 3 | 1.0% |
| Hillsdale County | 19 | 5 | 1.0% |
| Alpena County | 19 | 2 | 0.9% |
| Alger County | 19 | 1 | 2.1% |
| Sanilac County | 20 | 5 | 1.2% |
| Crawford County | 20 | 2 | 1.1% |
| Newaygo County | 21 | 8 | 1.3% |
- Newrez LLC nationwide
- Michigan mortgage market
- Newrez LLC in Texas
- Newrez LLC in Florida
- Newrez LLC in California
- Newrez LLC in New York
- Newrez LLC in North Carolina
- Newrez LLC in Washington
- Newrez LLC in Ohio
- Newrez LLC in Georgia
- Newrez LLC in Indiana
- Newrez LLC in Virginia
- Newrez LLC in Pennsylvania
- Newrez LLC in Illinois
Source: FFIEC/CFPB HMDA 2025 public LAR. Statistical profile, not a review or offer. Methodology