Lender in Michigan · HMDA 2025
First State Bank mortgages in Michigan
First State Bank's 2025 home-purchase and refinance lending in Michigan, compared with all lenders in the state.
First State Bank originated 781 owner-occupied single-family loans in Michigan from 818 completed applications.
Its median conventional purchase loan costs were $3,620 versus $4,140 for all Michigan lenders, at a median 30-year fixed rate of 6.625% (Michigan: 6.625%).
Loans in MI
781
of 818 applications
Denial rate
3.2%
Purchase · MI 7.8%
Rate spread
+0.19 pts
Conv. · MI +0.23 pts
Loan amount
$235,000
Purchase · MI $245,000
By loan purpose
| Purpose | Applications | Loans | Denial rate | 30-yr rate* | Rate spread* | Loan costs* | Median loan |
|---|---|---|---|---|---|---|---|
| Home purchase | 749 | 718 | 3.2% | 6.625% | +0.19 pts | $3,620 | $235,000 |
| Refinance | 42 | 39 | 7.1% | 5.990% | −0.09 pts | $3,000 | $215,000 |
| Cash-out refinance | 27 | 24 | 7.4% | — | +0.29 pts | $2,810 | $195,000 |
*Conventional loans only; medians with at least 20 loans.
Michigan counties where First State Bank ranks in the top 25
| County | Rank | Loans | Market share |
|---|---|---|---|
| Macomb County | 6 | 278 | 2.2% |
| St. Clair County | 8 | 58 | 2.4% |
| Genesee County | 9 | 121 | 2.2% |
| Lapeer County | 13 | 24 | 1.9% |
| Oscoda County | 16 | 2 | 2.2% |
| Livingston County | 23 | 28 | 0.9% |
| Oakland County | 24 | 151 | 0.8% |
Source: FFIEC/CFPB HMDA 2025 public LAR. Statistical profile, not a review or offer. Methodology