Consumers Credit Union · Michigan · 2025

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

Consumers Credit Union took 3,905 mortgage applications in Michigan in 2025, ranking #21 of 973 lenders active in the state. It originated 75.0% of them and denied 9.9% (11.6% of the applications it decided), against a statewide denial rate of 18.5%.

3.9kApplicationsin MI
11.6%Decision denial ratestate 22.6%
6.38%Median ratestate 6.75%
$165,000Median loanstate $155,000
$565MVolume68 counties

Consumers Credit Union in Michigan vs the state

9.9%Denial rate-8.64 pts vs state
11.6%Decision denial rate-10.95 pts vs state
75.0%Origination rate+15.12 pts vs state
6.38%Median rate-0.38 pts vs state
0.30Rate spread (pts)-0.10 pts vs state
$101kMedian applicant income
2,929Loans originated
386Denied

Trend in Michigan

YearApplicationsOriginatedDenial rateMedian rateRank in state
20233,3482,34610.5%6.75%#20
20243,5392,63110.9%6.19%#22
20253,9052,9299.9%6.38%#21

What Consumers Credit Union lends in Michigan

By loan purpose

Home purchase 1,620 41% · 1.3% denied
Refinance 1,937 50% · 18.0% denied
Cash-out refinance 240 6% · 2.9% denied
Home improvement 106 3% · 6.6% denied
Other / HELOC 2 0% · 100.0% denied

By loan type

Conventional 3,882 99% · 9.9% denied
FHA 19 0% · 5.3% denied
VA 4 0% · 0.0% denied

Why it denied Michigan applicants

Debt-to-income ratio 184 48%
Credit history 122 32%
Incomplete application 36 9%
Collateral 29 8%
Other 8 2%
Unverifiable information 5 1%
Insufficient cash 1 0%
Employment history 1 0%

Where in Michigan

Counties with the most Consumers Credit Union applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Kalamazoo County 1,10787374 6.7%
Kent County 69548093 13.4%
Ottawa County 38328154 14.1%
Van Buren County 31123929 9.3%
Allegan County 27120224 8.9%
Muskegon County 14711116 10.9%
Calhoun County 1441058 5.6%
Branch County 947116 17.0%
Barry County 77529 11.7%
Ingham County 725510 13.9%

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: 3,905 applications in 2025, of which 2,929 were originated and 386 denied.

9.9% of all applications, or 11.6% of the applications it actually decided on. The Michigan statewide average across all lenders was 18.5%.

The median rate on loans Consumers Credit Union originated in Michigan in 2025 was 6.38%, against a statewide median of 6.75%.

About this data. Figures are Consumers 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