Gerber Federal Credit Union at a glance, 2025
Every figure is from the lender's own HMDA filing. "vs national" compares with all lenders combined.
How the D grade breaks down
Each component is a percentile rank among 1,883 small mortgage lenders. Higher is better. Components the lender does not report are left out and the weights redistributed.
Approval oddsdecision denial rate, weight 45%
28th16.2% deniedProcesswithdrawn + incomplete share, weight 15%
33rd15.6%Trend, 2023–2025
| Year | Applications | Originated | Denial rate | Decision denial | Median rate | Volume |
|---|---|---|---|---|---|---|
| 2023 | 192 | 139 | 9.4% | 11.5% | — | $14M |
| 2024 | 225 | 157 | 11.1% | 13.7% | — | $14M |
| 2025 | 263 | 186 | 13.7% | 16.2% | — | $21M |
What Gerber Federal Credit Union lends
Applications by purpose and loan type in 2025, with the denial rate for each. A lender's mix explains a lot of its headline rate: HELOCs and FHA loans are denied far more often than conventional purchase loans.
By loan purpose
By loan type
Also: 0 home-equity lines, 0 reverse mortgages, 50 manufactured homes, 2 investment properties.
Who gets approved at Gerber Federal Credit Union
Decision denial rate by applicant profile. Groups with fewer than 20 applications are omitted.
| Applicant income | Applications | Originated | Decision denial rate |
|---|---|---|---|
| Under $50k | 63 | 35 | 31.4% |
| $50k – $100k | 115 | 88 | 11.1% |
| $100k – $150k | 56 | 36 | 18.2% |
| $150k – $250k | 25 | 23 | 4.2% |
| Applicant age | Applications | Originated | Decision denial rate |
|---|---|---|---|
| 25–34 | 36 | 25 | 7.4% |
| 35–44 | 43 | 30 | 21.1% |
| 45–54 | 78 | 52 | 18.8% |
| 55–64 | 50 | 41 | 8.9% |
| 65–74 | 35 | 24 | 25.0% |
Where Gerber Federal Credit Union lends
1 states and 12 counties in 2025. Click a state for the lender's full record there.
| State | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| Michigan | 263 | 186 | 13.7% | — | #188 |
Frequently asked questions
Gerber Federal Credit Union denied 16.2% of the applications it decided on in 2025. The national figure across all lenders was 22.6%. On approval odds it ranks in the 28th percentile of small mortgage lenders.
In 2025, 15% of its applications were for home purchases, 33% for refinancing (including cash-out), and 51% for home improvement or other purposes. By loan type: 100% conventional, 0% FHA, 0% VA.
Every figure on this page comes from the Home Mortgage Disclosure Act (HMDA) Loan/Application Register published by the CFPB, which lenders are required by federal law to file. We add the grade and the comparisons; we do not add facts.