Arbor Financial Credit Union · Michigan · 2025

Arbor Financial Credit Union in Michigan: approval rate, denial rate and rates (2025)

Arbor Financial Credit Union took 952 mortgage applications in Michigan in 2025, ranking #78 of 973 lenders active in the state. It originated 79.6% of them and denied 5.7% (6.5% of the applications it decided), against a statewide denial rate of 18.5%.

952Applicationsin MI
6.5%Decision denial ratestate 22.6%
7.13%Median ratestate 6.75%
$130,000Median loanstate $155,000
$132MVolume41 counties

Arbor Financial Credit Union in Michigan vs the state

5.7%Denial rate-12.85 pts vs state
6.5%Decision denial rate-16.12 pts vs state
79.6%Origination rate+19.73 pts vs state
7.13%Median rate+0.38 pts vs state
0.36Rate spread (pts)-0.04 pts vs state
$95kMedian applicant income
758Loans originated
54Denied

Trend in Michigan

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231,2177899.0%7.00%#57
20249447017.6%7.50%#75
20259527585.7%7.13%#78

What Arbor Financial Credit Union lends in Michigan

By loan purpose

Home purchase 365 38% · 2.2% denied
Refinance 62 7% · 9.7% denied
Cash-out refinance 153 16% · 7.2% denied
Other / HELOC 372 39% · 7.8% denied

By loan type

Conventional 926 97% · 5.3% denied
FHA 26 3% · 19.2% denied

Why it denied Michigan applicants

Debt-to-income ratio 18 33%
Credit history 15 28%
Other 9 17%
Collateral 7 13%
Unverifiable information 2 4%
Incomplete application 1 2%
Employment history 1 2%
Insufficient cash 1 2%

Where in Michigan

Counties with the most Arbor Financial Credit Union applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Kalamazoo County 43534527 6.2%
Van Buren County 1271086 4.7%
Allegan County 84651 1.2%
St. Joseph County 78589 11.5%
Kent County 53431 1.9%
Ottawa County 27240 0.0%
Calhoun County 24192 8.3%
Barry County 24211 4.2%
Cass County 17141 5.9%
Berrien County 841 12.5%

Other large lenders in Michigan

LenderGradeApplicationsDenial rateMedian rate
Rocket MortgageC 30,64416.3%6.75%
United Shore Financial ServicesB 29,33011.7%6.60%
The Huntington National BankD 20,04730.0%7.49%
Lake Michigan Credit UnionA 16,6625.6%6.75%
Fifth Third BankD 11,17626.4%7.50%
21st MortgageF 7,42453.4%11.04%
Citizens BankC 6,59229.0%7.65%
Triad Financial ServicesD 6,42656.1%8.49%
Union Home MortgageB 5,3034.3%6.75%
PNC BankD 5,16126.3%7.36%

Frequently asked questions

Michigan: 952 applications in 2025, of which 758 were originated and 54 denied.

5.7% of all applications, or 6.5% of the applications it actually decided on. The Michigan statewide average across all lenders was 18.5%.

The median rate on loans Arbor Financial Credit Union originated in Michigan in 2025 was 7.13%, against a statewide median of 6.75%.

About this data. Figures are Arbor Financial Credit Union's own HMDA filing for properties located in Michigan, 2025. The grade is national; state-level figures are shown for context and are not separately graded. Methodology