Genisys Credit Union · Michigan · 2025

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

Genisys Credit Union took 4,455 mortgage applications in Michigan in 2025, ranking #16 of 973 lenders active in the state. It originated 62.2% of them and denied 17.0% (20.9% of the applications it decided), against a statewide denial rate of 18.5%.

4.5kApplicationsin MI
20.9%Decision denial ratestate 22.6%
7.24%Median ratestate 6.75%
$95,000Median loanstate $155,000
$634MVolume62 counties

Genisys Credit Union in Michigan vs the state

17.0%Denial rate-1.53 pts vs state
20.9%Decision denial rate-1.66 pts vs state
62.2%Origination rate+2.29 pts vs state
7.24%Median rate+0.49 pts vs state
0.64Rate spread (pts)+0.25 pts vs state
$104kMedian applicant income
2,770Loans originated
757Denied

Trend in Michigan

YearApplicationsOriginatedDenial rateMedian rateRank in state
20233,8582,39616.8%7.74%#15
20244,5412,93217.5%7.50%#12
20254,4552,77017.0%7.24%#16

What Genisys Credit Union lends in Michigan

By loan purpose

Home purchase 1,152 26% · 7.7% denied
Refinance 736 17% · 14.7% denied
Cash-out refinance 284 6% · 13.4% denied
Home improvement 1,178 26% · 19.2% denied
Other / HELOC 1,105 25% · 26.8% denied

By loan type

Conventional 4,455 100% · 17.0% denied

Why it denied Michigan applicants

Credit history 296 39%
Debt-to-income ratio 230 30%
Collateral 129 17%
Incomplete application 97 13%
Employment history 5 1%

Where in Michigan

Counties with the most Genisys Credit Union applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Oakland County 2,1661,324376 17.4%
Macomb County 695419136 19.6%
Genesee County 38526352 13.5%
Wayne County 31917970 21.9%
St. Clair County 21112040 19.0%
Lapeer County 1167912 10.3%
Livingston County 94678 8.5%
Washtenaw County 846010 11.9%
Grand Traverse County 43372 4.7%
Tuscola County 432311 25.6%

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: 4,455 applications in 2025, of which 2,770 were originated and 757 denied.

17.0% of all applications, or 20.9% of the applications it actually decided on. The Michigan statewide average across all lenders was 18.5%.

The median rate on loans Genisys Credit Union originated in Michigan in 2025 was 7.24%, against a statewide median of 6.75%.

About this data. Figures are Genisys 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