Bethpage Federal Credit Union · Michigan · 2025

Bethpage Federal Credit Union in Michigan: approval rate, denial rate and rates (2025)

Bethpage Federal Credit Union took 107 mortgage applications in Michigan in 2025, ranking #265 of 973 lenders active in the state. It originated 31.8% of them and denied 53.3% (62.6% of the applications it decided), against a statewide denial rate of 18.5%.

107Applicationsin MI
62.6%Decision denial ratestate 22.6%
6.49%Median ratestate 6.75%
$85,000Median loanstate $155,000
$5.8MVolume34 counties

Bethpage Federal Credit Union in Michigan vs the state

53.3%Denial rate+34.75 pts vs state
62.6%Decision denial rate+40.06 pts vs state
31.8%Origination rate-28.11 pts vs state
6.49%Median rate-0.26 pts vs state
-0.68Rate spread (pts)-1.08 pts vs state
$133kMedian applicant income
34Loans originated
57Denied

Trend in Michigan

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231113644.1%8.75%#256
20241275240.2%6.99%#246
20251073453.3%6.49%#265

What Bethpage Federal Credit Union lends in Michigan

By loan purpose

Home purchase 3 3% · 0.0% denied
Refinance 13 12% · 30.8% denied
Cash-out refinance 1 1% · 0.0% denied
Home improvement 56 52% · 50.0% denied
Other / HELOC 34 32% · 73.5% denied

By loan type

Conventional 107 100% · 53.3% denied

Why it denied Michigan applicants

Credit history 22 39%
Debt-to-income ratio 12 21%
Collateral 10 18%
Unverifiable information 8 14%
Incomplete application 4 7%
Employment history 1 2%

Where in Michigan

Counties with the most Bethpage Federal Credit Union applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Oakland County 23109 39.1%
Wayne County 21612 57.1%
Washtenaw County 832 25.0%
Grand Traverse County 632 33.3%
Allegan County 504 80.0%
Macomb County 422 50.0%
Berrien County 303 100.0%
Livingston County 320 0.0%
Kent County 330 0.0%
Ottawa County 220 0.0%

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: 107 applications in 2025, of which 34 were originated and 57 denied.

53.3% of all applications, or 62.6% of the applications it actually decided on. The Michigan statewide average across all lenders was 18.5%.

The median rate on loans Bethpage Federal Credit Union originated in Michigan in 2025 was 6.49%, against a statewide median of 6.75%.

About this data. Figures are Bethpage Federal 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