Christian Financial Credit Union · Michigan · 2025

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

Christian Financial Credit Union took 467 mortgage applications in Michigan in 2025, ranking #133 of 973 lenders active in the state. It originated 53.5% of them and denied 30.4% (36.2% of the applications it decided), against a statewide denial rate of 18.5%.

467Applicationsin MI
36.2%Decision denial ratestate 22.6%
6.00%Median ratestate 6.75%
$45,000Median loanstate $155,000
$13MVolume14 counties

Christian Financial Credit Union in Michigan vs the state

30.4%Denial rate+11.89 pts vs state
36.2%Decision denial rate+13.64 pts vs state
53.5%Origination rate-6.36 pts vs state
6.00%Median rate-0.75 pts vs state
-0.87Rate spread (pts)-1.26 pts vs state
$88kMedian applicant income
250Loans originated
142Denied

Trend in Michigan

YearApplicationsOriginatedDenial rateMedian rateRank in state
202354129630.7%6.75%#102
202444019738.6%7.50%#129
202546725030.4%6.00%#133

What Christian Financial Credit Union lends in Michigan

By loan purpose

Home purchase 5 1% · 40.0% denied
Refinance 7 1% · 14.3% denied
Cash-out refinance 27 6% · 22.2% denied
Home improvement 254 54% · 28.4% denied
Other / HELOC 174 37% · 35.1% denied

By loan type

Conventional 467 100% · 30.4% denied

Why it denied Michigan applicants

Debt-to-income ratio 52 37%
Collateral 35 25%
Credit history 27 19%
Incomplete application 20 14%
Other 5 4%
Unverifiable information 2 1%
Employment history 1 1%

Where in Michigan

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

CountyApplicationsOriginatedDeniedDenial rate
Macomb County 32117599 30.8%
Wayne County 763135 46.1%
Oakland County 32224 12.5%
St. Clair County 23153 13.0%
Mecosta County 301 33.3%
Washtenaw County 220 0.0%
Genesee County 210 0.0%
Sanilac County 210 0.0%
Otsego County 100 0.0%
Lapeer County 110 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: 467 applications in 2025, of which 250 were originated and 142 denied.

30.4% of all applications, or 36.2% of the applications it actually decided on. The Michigan statewide average across all lenders was 18.5%.

The median rate on loans Christian Financial Credit Union originated in Michigan in 2025 was 6.00%, against a statewide median of 6.75%.

About this data. Figures are Christian 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