Lender in Michigan · HMDA 2025
Towne Mortgage Company mortgages in Michigan
Towne Mortgage Company's 2025 home-purchase and refinance lending in Michigan, compared with all lenders in the state.
Towne Mortgage Company originated 389 owner-occupied single-family loans in Michigan from 463 completed applications.
Its median conventional purchase loan costs were $3,570 versus $4,140 for all Michigan lenders, at a median 30-year fixed rate of 6.625% (Michigan: 6.625%).
Loans in MI
389
of 463 applications
Denial rate
3.2%
Purchase · MI 7.8%
Rate spread
+0.33 pts
Conv. · MI +0.23 pts
Loan amount
$195,000
Purchase · MI $245,000
By loan purpose
| Purpose | Applications | Loans | Denial rate | 30-yr rate* | Rate spread* | Loan costs* | Median loan |
|---|---|---|---|---|---|---|---|
| Home purchase | 313 | 279 | 3.2% | 6.625% | +0.33 pts | $3,570 | $195,000 |
| Refinance | 44 | 30 | 2.3% | — | +0.07 pts | $4,650 | $225,000 |
| Cash-out refinance | 106 | 80 | 5.7% | 6.750% | +0.31 pts | $2,980 | $155,000 |
*Conventional loans only; medians with at least 20 loans.
Michigan counties where Towne Mortgage Company ranks in the top 25
| County | Rank | Loans | Market share |
|---|---|---|---|
| Muskegon County | 7 | 77 | 2.7% |
| Jackson County | 17 | 32 | 1.5% |
| Delta County | 19 | 2 | 1.1% |
| Chippewa County | 21 | 2 | 0.9% |
| Genesee County | 23 | 57 | 1.0% |
| Mackinac County | 24 | 1 | 1.8% |
- Towne Mortgage Company nationwide
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- Towne Mortgage Company in Georgia
- Towne Mortgage Company in Louisiana
- Towne Mortgage Company in South Carolina
- Towne Mortgage Company in North Carolina
- Towne Mortgage Company in Colorado
Source: FFIEC/CFPB HMDA 2025 public LAR. Statistical profile, not a review or offer. Methodology