Oakland County
Michigan · FIPS 26125
According to CFPB HMDA 2024 application volume among U.S. counties, Oakland County ranks #25 of 3,223, and #2 of 83 in Michigan.
Mortgage lending activity in Oakland County, Michigan based on lender filings under the Home Mortgage Disclosure Act (HMDA). Data covers all applications received by HMDA-reporting institutions operating in this county during 2024. Why mortgages get denied walks the denial-reason codes that appear in books like this one.
Local mortgage market. Oakland County, Michigan lenders denied 8,130 of the applications reported here, financing the rest at an average note rate of 7.36%, with applicants self-reporting average annual income of $37K. 457 distinct institutions reported mortgage activity in this county.
Borrower leverage and affordability signal. The loan-to-income ratio averages 7.0x, meaning typical borrowers took on mortgages of about 7.0 times their annual income. That ratio is a rough affordability signal: higher multiples imply tighter monthly budgets and greater exposure to rate or income shocks. See our methodology for how to read the denial rate against a local applicant pool. This page is informational data reporting, not financial, legal, or mortgage advice.
Lender concentration in Oakland County
In Oakland County, lead originator United Wholesale Mortgage funded 13.8% of 28,127 originated loans, in the middle tercile of U.S. counties (~10.9-16.7% top-1). The top three reporters together hold 30.6% of the book; a local credit union or regional bank still sits beside the national wholesalers.
Counties With Similar Application Volume
Nationwide counties nearest to Oakland County's 49,364 HMDA applications.
Counties With a Similar Average Loan
Nationwide counties nearest to Oakland County's $260,762 average loan (deduped against volume peers).
Lenders active in Oakland County
United Wholesale Mortgage funded 3,875 of the 28,127 loans originated in Oakland County, 13.8% of the county. 457 lenders reported activity here.
| # | Lender | Originated | Market Share |
|---|---|---|---|
| 1 | United Wholesale Mortgage | 3,875 | 13.8% |
| 2 | Rocket Mortgage | 3,267 | 11.6% |
| 3 | Genisys Credit Union | 1,469 | 5.2% |
| 4 | Huntington National Bank | 1,166 | 4.1% |
| 5 | Lake Michigan Credit Union | 898 | 3.2% |
Every figure on PlainLender is rendered directly from CFPB HMDA federal source data, no number is typed in by an editor. For Oakland County, from the FFIEC/CFPB HMDA Snapshot National Loan-Level Dataset (2024) -- county FIPS codes follow U.S. Census Bureau standards. Not financial advice for Oakland County borrowers. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error. Data current as of 2026-08-10. HMDA figures are lender-filed application outcomes for a published reporting year - not creditworthiness scores, rate quotes, Loan Estimates, underwriting decisions, or mortgage advice.