Directions Credit Union · Michigan · 2025

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

Directions Credit Union took 176 mortgage applications in Michigan in 2025, ranking #225 of 973 lenders active in the state. It originated 80.7% of them and denied 13.6% (14.5% of the applications it decided), against a statewide denial rate of 18.5%.

176Applicationsin MI
14.5%Decision denial ratestate 22.6%
6.75%Median ratestate 6.75%
$105,000Median loanstate $155,000
$29MVolume10 counties

Directions Credit Union in Michigan vs the state

13.6%Denial rate-4.88 pts vs state
14.5%Decision denial rate-8.12 pts vs state
80.7%Origination rate+20.79 pts vs state
6.75%Median rate0.00 pts vs state
-0.20Rate spread (pts)-0.60 pts vs state
$104kMedian applicant income
142Loans originated
24Denied

Trend in Michigan

YearApplicationsOriginatedDenial rateMedian rateRank in state
202316112120.5%7.38%#206
202416413911.6%7.50%#217
202517614213.6%6.75%#225

What Directions Credit Union lends in Michigan

By loan purpose

Home purchase 65 37% · 3.1% denied
Refinance 14 8% · 28.6% denied
Cash-out refinance 16 9% · 12.5% denied
Home improvement 45 26% · 22.2% denied
Other / HELOC 36 20% · 16.7% denied

By loan type

Conventional 176 100% · 13.6% denied

Why it denied Michigan applicants

Debt-to-income ratio 10 42%
Credit history 8 33%
Incomplete application 3 13%
Collateral 2 8%
Other 1 4%

Where in Michigan

Counties with the most Directions Credit Union applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Monroe County 15913022 13.8%
Lenawee County 650 0.0%
Hillsdale County 220 0.0%
Branch County 110 0.0%
Clare County 100 0.0%
Roscommon County 110 0.0%
Manistee County 110 0.0%
Macomb County 110 0.0%
Montmorency County 110 0.0%
Washtenaw 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: 176 applications in 2025, of which 142 were originated and 24 denied.

13.6% of all applications, or 14.5% of the applications it actually decided on. The Michigan statewide average across all lenders was 18.5%.

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

About this data. Figures are Directions 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