Ground Figures
Lender data → Approvals → Michigan

Which lenders close above 50% DTI in Michigan?

In Michigan in 2025, lenders decided 892 conventional purchase applications at 50–60% DTI and approved 29% of them, below the national 35% and 34th of 43 states ranked. FHA approved 84%, VA 90%.

Michigan · conventional · 50–60% DTI
29%

approved of 892 decisions.

Decisions, all bands
89,484
Conv. 50–60%
29%
FHA 50–60%
84%
VA 50–60%
90%
Decisions in view
—
Approved, all lenders
—
Lenders shown
—
Spread, best to worst
—
Loading lender data…
Michigan: share approved by DTI band and program, 2025 MICHIGAN: SHARE APPROVED BY DTI BAND AND PROGRAM, 2025 0% 25% 50% 75% 100% ≤43% 44–45% 46–49% 50–60% >60% DTI BAND USED IN THE DECISION Conventional, ≤43%: 96% approved of 50,179 Conventional, 44–45%: 95% approved of 5,477 Conventional, 46–49%: 95% approved of 11,713 Conventional, 50–60%: 29% approved of 892 Conventional, >60%: 9% approved of 762 FHA, ≤43%: 88% approved of 7,158 FHA, 44–45%: 88% approved of 1,340 FHA, 46–49%: 88% approved of 2,116 FHA, 50–60%: 84% approved of 3,584 FHA, >60%: 2% approved of 394 VA, ≤43%: 93% approved of 2,962 VA, 44–45%: 91% approved of 458 VA, 46–49%: 93% approved of 872 VA, 50–60%: 90% approved of 1,308 VA, >60%: 59% approved of 269 29% 84% 90% VA 59% Conventional 9% FHA 2% Bands with fewer than 30 decisions omitted. Michigan: conventional, DTI 50–60%, by lender type MICHIGAN: CONVENTIONAL, DTI 50–60%, BY LENDER TYPE Credit union Credit union: 62% approved of 171 62% · 171 Independent mortgage co. Independent mortgage co.: 17% approved of 352 17% · 352 Bank Bank: 12% approved of 197 12% · 197

Michigan: conventional lenders at 50–60% DTI

Michigan: conventional, DTI 50–60%, 2025.
LenderDecisionsApproved · deniedAt ≤43%Denials citing DTI
Lake Michigan Credit Union86
66%
99%83%
United Wholesale Mortgage127
6%
96%82%
Rocket Mortgage95
5%
93%87%

Michigan: FHA lenders

Michigan: FHA, DTI 50–60%, 2025.
LenderDecisionsApproved · deniedAt ≤43%Denials citing DTI
United Wholesale Mortgage816
87%
88%26%
Rocket Mortgage483
78%
80%35%

Michigan: VA lenders

Michigan: VA, DTI 50–60%, 2025.
LenderDecisionsApproved · deniedAt ≤43%Denials citing DTI
United Wholesale Mortgage134
92%
96%45%
Mortgage Research Center441
91%
93%41%

Michigan: how many borrowers are behind on payments?

In December 2025, 2.4% of Michigan mortgages were 30–89 days late and 0.9% were 90 or more days late, in line with the U.S. rate of 0.9%. That is the 21st highest of 51 states and D.C. (a year earlier: 0.7%). Chart Michigan against any county or metro area →

30–89 days late
2.4%
90+ days late
0.9%
12-month change, 90+
+0.2 pts
Rank, 90+ (1 = highest)
21 of 51
Michigan mortgages behind on paymentsPandemic forbearance era: reported delinquency understated0%1%2%3%4%5%6%20082012201620202024MI 30–89, December 2025: 2.4%MI 30–89 2.4%U.S. 30–89, December 2025: 2.1%U.S. 30–89 2.1%MI 90+, December 2025: 0.9%MI 90+ 0.9%U.S. 90+, December 2025: 0.9%U.S. 90+ 0.9%
Michigan metro and non-metro areas, highest 90+ rate first, December 2025.
Area30–89 days90+ days12-mo change
Battle Creek, MI3.4%1.2%+0.3 pts
Flint, MI3.0%1.2%±0.0 pts
Jackson, MI3.2%1.2%+0.3 pts
Monroe, MI2.5%1.2%+0.2 pts
Muskegon-Norton Shores, MI3.6%1.2%+0.4 pts
Kalamazoo-Portage, MI1.7%1.0%+0.7 pts
Michigan (non-metro areas)2.6%1.0%+0.1 pts
Detroit-Warren-Dearborn, MI2.3%0.9%+0.2 pts

Source: CFPB / FHFA National Mortgage Database, 5% sample. Delinquency is by place, not by lender or loan type. See all states, metro areas and counties.

Other states: Alabama · Alaska · Arizona · Arkansas · California · Colorado · Connecticut · Delaware · District of Columbia · Florida · Georgia · Hawaii · Idaho · Illinois · Indiana · Iowa · Kansas · Kentucky · Louisiana · Maine · Maryland · Massachusetts · Minnesota · Mississippi · Missouri · Montana · Nebraska · Nevada · New Hampshire · New Jersey · New Mexico · New York · North Carolina · North Dakota · Ohio · Oklahoma · Oregon · Pennsylvania · Puerto Rico · Rhode Island · South Carolina · South Dakota · Tennessee · Texas · Utah · Vermont · Virginia · Washington · West Virginia · Wisconsin · Wyoming

Questions

What is the maximum DTI for a conventional loan in Michigan?

The agency ceiling is 50% through automated underwriting, and lenders enforce it: 95% approval at 46–49% versus 29% at 50–60% in 2025.

Which lenders in Michigan accept a DTI over 50%?

On conventional loans, mostly credit unions and portfolio lenders; the table on this page ranks them. On FHA, most lenders: 84% of Michigan FHA files in the band were approved.

Where does this data come from?

CFPB HMDA loan-level data for 2025, filtered to site-built, one-unit, owner-occupied purchase loans in Michigan, counting originations and denials by lender, program and the DTI band the lender used.

Source and filters

CFPB HMDA Loan/Application Register, activity year 2025, pulled through the HMDA Data Browser API. Home purchase, principal residence, one unit, site-built, first lien; not reverse, business-purpose or open-end. Actions counted: originated and denied. Manufactured-home lending excluded. Lender names are the respondent names in each lender's HMDA institution record; lender type is assigned from the name; the builder tag is applied to mortgage companies owned by home builders.

How to read the columns

Approved is originations divided by originations plus denials among files whose decision used a DTI in the band. 'At ≤43%' is the same lender's rate on ordinary files; a large gap is the signature of a wall. 'Denials citing DTI' is the share of the lender's denials in the band where the ratio was the first reason given.

Corrections

Every number traces to the lender's own filing. If a lender believes a row is wrong, write to us and we will re-run it.