Lender in Michigan · HMDA 2025
Preston Home Loans Inc. mortgages in Michigan
Preston Home Loans Inc.'s 2025 home-purchase and refinance lending in Michigan, compared with all lenders in the state.
Preston Home Loans Inc. originated 1,053 owner-occupied single-family loans in Michigan from 1,084 completed applications, making it the state's #23 lender by volume.
Its median conventional purchase loan costs were $4,540 versus $4,140 for all Michigan lenders, at a median 30-year fixed rate of 6.875% (Michigan: 6.625%).
Loans in MI
1,053
of 1,084 applications
Denial rate
2.9%
Purchase · MI 7.8%
Rate spread
+0.51 pts
Conv. · MI +0.23 pts
Loan amount
$185,000
Purchase · MI $245,000
By loan purpose
| Purpose | Applications | Loans | Denial rate | 30-yr rate* | Rate spread* | Loan costs* | Median loan |
|---|---|---|---|---|---|---|---|
| Home purchase | 989 | 960 | 2.9% | 6.875% | +0.51 pts | $4,540 | $185,000 |
| Refinance | 95 | 93 | 2.1% | 6.500% | +0.31 pts | $4,290 | $205,000 |
| Cash-out refinance | 0 | 0 | — | — | — | — | — |
*Conventional loans only; medians with at least 20 loans.
Michigan counties where Preston Home Loans Inc. ranks in the top 25
| County | Rank | Loans | Market share |
|---|---|---|---|
| Genesee County | 3 | 490 | 9.0% |
| Tuscola County | 4 | 32 | 5.2% |
| Gratiot County | 4 | 17 | 4.0% |
| Luce County | 4 | 1 | 2.6% |
| Shiawassee County | 5 | 44 | 4.2% |
| Lapeer County | 5 | 40 | 3.1% |
| Baraga County | 9 | 1 | 2.0% |
| Ontonagon County | 9 | 1 | 1.8% |
| Saginaw County | 10 | 59 | 2.7% |
| Marquette County | 10 | 14 | 2.3% |
| Alger County | 10 | 1 | 2.1% |
| Isabella County | 11 | 13 | 2.2% |
| Clare County | 11 | 10 | 2.4% |
| Cheboygan County | 13 | 3 | 1.3% |
| Kalkaska County | 13 | 3 | 1.3% |
| Delta County | 15 | 2 | 1.1% |
| Antrim County | 17 | 3 | 1.1% |
| Bay County | 20 | 17 | 1.3% |
| Gladwin County | 20 | 3 | 0.9% |
| Roscommon County | 22 | 3 | 0.8% |
| Manistee County | 22 | 2 | 0.7% |
| St. Clair County | 23 | 22 | 0.9% |
| Mecosta County | 23 | 4 | 0.9% |
| Sanilac County | 23 | 4 | 0.9% |
| Huron County | 25 | 2 | 0.7% |
| Lake County | 25 | 1 | 0.7% |
Source: FFIEC/CFPB HMDA 2025 public LAR. Statistical profile, not a review or offer. Methodology