Chippewa Valley Bank · Michigan · 2025

Chippewa Valley Bank in Michigan: approval rate, denial rate and rates (2025)

Chippewa Valley Bank took 5 mortgage applications in Michigan in 2025, ranking #603 of 973 lenders active in the state. It originated 40.0% of them and denied 20.0% (25.0% of the applications it decided), against a statewide denial rate of 18.5%.

5Applicationsin MI
25.0%Decision denial ratestate 22.6%
Median ratestate 6.75%
$85,000Median loanstate $155,000
$430kVolume2 counties

Chippewa Valley Bank in Michigan vs the state

20.0%Denial rate+1.48 pts vs state
25.0%Decision denial rate+2.42 pts vs state
40.0%Origination rate-19.89 pts vs state
Median rate
Rate spread (pts)
$106kMedian applicant income
2Loans originated
1Denied

Trend in Michigan

YearApplicationsOriginatedDenial rateMedian rateRank in state
20236416.7%#564
20255220.0%#603

What Chippewa Valley Bank lends in Michigan

By loan purpose

Home purchase 1 20% · 100.0% denied
Refinance 3 60% · 0.0% denied
Other / HELOC 1 20% · 0.0% denied

By loan type

Conventional 5 100% · 20.0% denied

Where in Michigan

Counties with the most Chippewa Valley Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Gogebic County 421 25.0%
Ontonagon County 100 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: 5 applications in 2025, of which 2 were originated and 1 denied.

20.0% of all applications, or 25.0% of the applications it actually decided on. The Michigan statewide average across all lenders was 18.5%.

This lender did not report interest rates on its originated loans (some institutions are exempt from HMDA pricing fields).

About this data. Figures are Chippewa Valley Bank'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