Christian Financial Credit Union at a glance, 2025
Every figure is from the lender's own HMDA filing. "vs national" compares with all lenders combined.
How the C grade breaks down
Each component is a percentile rank among 412 home-equity (HELOC) lenders. Higher is better. Components the lender does not report are left out and the weights redistributed.
Approval oddsdecision denial rate, weight 45%
15th36.7% deniedPricingmedian rate spread over APOR, weight 30%
84th-0.87 ptsProcesswithdrawn + incomplete share, weight 15%
30th16.1%Trend, 2023–2025
| Year | Applications | Originated | Denial rate | Decision denial | Median rate | Volume |
|---|---|---|---|---|---|---|
| 2023 | 548 | 296 | 31.6% | 36.8% | 6.75% | $12M |
| 2024 | 441 | 197 | 38.8% | 46.5% | 7.50% | $8.6M |
| 2025 | 471 | 250 | 30.8% | 36.7% | 6.00% | $13M |
What Christian Financial Credit Union lends
Applications by purpose and loan type in 2025, with the denial rate for each. A lender's mix explains a lot of its headline rate: HELOCs and FHA loans are denied far more often than conventional purchase loans.
By loan purpose
By loan type
Also: 470 home-equity lines, 0 reverse mortgages, 4 manufactured homes, 0 investment properties.
Why Christian Financial Credit Union denies applications
Primary reason reported for each of the 145 denials in 2025. Lenders can cite up to four reasons; this is the first one listed.
Who gets approved at Christian Financial Credit Union
Decision denial rate by applicant profile. Groups with fewer than 20 applications are omitted.
| Applicant income | Applications | Originated | Decision denial rate |
|---|---|---|---|
| Under $50k | 102 | 32 | 61.5% |
| $50k – $100k | 177 | 87 | 41.6% |
| $100k – $150k | 102 | 65 | 24.4% |
| $150k – $250k | 69 | 49 | 14.0% |
| Applicant age | Applications | Originated | Decision denial rate |
|---|---|---|---|
| 25–34 | 23 | 10 | 50.0% |
| 35–44 | 98 | 48 | 39.2% |
| 45–54 | 114 | 61 | 34.4% |
| 55–64 | 125 | 69 | 34.9% |
| 65–74 | 79 | 41 | 37.9% |
| Over 74 | 31 | 21 | 30.0% |
Where Christian Financial Credit Union lends
5 states and 18 counties in 2025. Click a state for the lender's full record there.
| State | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| Michigan | 467 | 250 | 30.4% | 6.00% | #133 |
Frequently asked questions
Christian Financial Credit Union denied 36.7% of the applications it decided on in 2025. The national figure across all lenders was 22.6%. On approval odds it ranks in the 15th percentile of home-equity (HELOC) lenders.
The most common reason Christian Financial Credit Union gave in 2025 was "debt-to-income ratio", cited on 35.9% of its denials. Lenders report up to four reasons per denial to the CFPB; the full breakdown is on this page.
The median interest rate on loans Christian Financial Credit Union originated in 2025 was 6.00%, and its median rate spread over the average prime offer rate was -0.87 points. Rates on this page are what borrowers actually got, not advertised rates.
In 2025, 1% of its applications were for home purchases, 7% for refinancing (including cash-out), and 92% for home improvement or other purposes. By loan type: 100% conventional, 0% FHA, 0% VA.
Every figure on this page comes from the Home Mortgage Disclosure Act (HMDA) Loan/Application Register published by the CFPB, which lenders are required by federal law to file. We add the grade and the comparisons; we do not add facts.