Wayne County
Michigan · FIPS 26163
According to CFPB HMDA 2024 application volume among U.S. counties, Wayne County ranks #18 of 3,210, and #1 of 83 in Michigan.
Mortgage lending activity in Wayne 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. Wayne County, Michigan saw 59,504 HMDA-reported mortgage applications in 2024. Lenders originated 30,332 of those loans and denied 13,354, producing a denial rate of 22.4% and an approval (origination) rate of 51.0%. The average loan amount was $164,738 at an average note rate of 7.44%, with applicants self-reporting average annual income of $37K. 431 distinct institutions reported mortgage activity in this county.
Borrower leverage and affordability signal. The loan-to-income ratio averages 4.5x, meaning typical borrowers took on mortgages of about 4.5 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 Wayne County
In Wayne County, lead originator United Wholesale Mortgage funded 15.2% of 30,332 originated loans, in the middle tercile of U.S. counties (~10.9-16.7% top-1). The top three reporters together hold 33.1% 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 Wayne County's 59,504 HMDA applications.
Counties With a Similar Average Loan
Nationwide counties nearest to Wayne County's $164,738 average loan (deduped against volume peers).
Lenders active in Wayne County
United Wholesale Mortgage funded 4,597 of the 30,332 loans originated in Wayne County, 15.2% of the county. 431 lenders reported activity here.
| # | Lender | Originated | Market Share |
|---|---|---|---|
| 1 | United Wholesale Mortgage | 4,597 | 15.2% |
| 2 | Rocket Mortgage | 4,193 | 13.8% |
| 3 | Dfcu Financial | 1,248 | 4.1% |
| 4 | CBNA Year to Date | 966 | 3.2% |
| 5 | Huntington National Bank | 964 | 3.2% |
Source: Consumer Financial Protection Bureau (CFPB), Home Mortgage Disclosure Act (HMDA) 2024. County FIPS codes per U.S. Census Bureau standards.
Data from FFIEC / CFPB HMDA Snapshot National Loan-Level Dataset (2024). Provided for informational purposes only; does not constitute financial advice for Wayne County borrowers.
Read our methodology - how this data is sourced, computed, and verified.
Every figure on PlainLender is rendered directly from CFPB HMDA federal source data, no number is typed in by an editor. This Wayne County page draws directly on CFPB HMDA federal source data, no figure is typed in by an editor. 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.