Eastrise Federal Credit Union · Michigan · 2025

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

Eastrise Federal Credit Union took 60 mortgage applications in Michigan in 2025, ranking #332 of 973 lenders active in the state. It originated 71.7% of them and denied 8.3% (10.4% of the applications it decided), against a statewide denial rate of 18.5%.

60Applicationsin MI
10.4%Decision denial ratestate 22.6%
6.75%Median ratestate 6.75%
$105,000Median loanstate $155,000
$7.3MVolume6 counties

Eastrise Federal Credit Union in Michigan vs the state

8.3%Denial rate-10.19 pts vs state
10.4%Decision denial rate-12.16 pts vs state
71.7%Origination rate+11.78 pts vs state
6.75%Median rate0.00 pts vs state
-0.08Rate spread (pts)-0.48 pts vs state
$107kMedian applicant income
43Loans originated
5Denied

Trend in Michigan

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023785114.1%7.75%#294
202453395.7%7.50%#341
202560438.3%6.75%#332

What Eastrise Federal Credit Union lends in Michigan

By loan purpose

Home purchase 17 28% · 5.9% denied
Refinance 7 12% · 28.6% denied
Cash-out refinance 5 8% · 0.0% denied
Home improvement 19 32% · 5.3% denied
Other / HELOC 12 20% · 8.3% denied

By loan type

Conventional 60 100% · 8.3% denied

Why it denied Michigan applicants

Debt-to-income ratio 4 80%
Collateral 1 20%

Where in Michigan

Counties with the most Eastrise Federal Credit Union applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Wayne County 29213 10.3%
Oakland County 1481 7.1%
Macomb County 14121 7.1%
Lenawee County 110 0.0%
Gratiot County 100 0.0%
Gladwin 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: 60 applications in 2025, of which 43 were originated and 5 denied.

8.3% of all applications, or 10.4% of the applications it actually decided on. The Michigan statewide average across all lenders was 18.5%.

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

About this data. Figures are Eastrise Federal 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