Gerber Federal Credit Union · Michigan · 2025

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

Gerber Federal Credit Union took 263 mortgage applications in Michigan in 2025, ranking #188 of 973 lenders active in the state. It originated 70.7% of them and denied 13.7% (16.2% of the applications it decided), against a statewide denial rate of 18.5%.

263Applicationsin MI
16.2%Decision denial ratestate 22.6%
Median ratestate 6.75%
$75,000Median loanstate $155,000
$21MVolume12 counties

Gerber Federal Credit Union in Michigan vs the state

13.7%Denial rate-4.83 pts vs state
16.2%Decision denial rate-6.36 pts vs state
70.7%Origination rate+10.83 pts vs state
Median rate
Rate spread (pts)
$73kMedian applicant income
186Loans originated
36Denied

Trend in Michigan

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231911399.4%#184
202422515711.1%#185
202526318613.7%#188

What Gerber Federal Credit Union lends in Michigan

By loan purpose

Home purchase 40 15% · 5.0% denied
Refinance 10 4% · 10.0% denied
Cash-out refinance 78 30% · 12.8% denied
Home improvement 55 21% · 12.7% denied
Other / HELOC 80 30% · 20.0% denied

By loan type

Conventional 263 100% · 13.7% denied

Where in Michigan

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

CountyApplicationsOriginatedDeniedDenial rate
Newaygo County 20213929 14.4%
Oceana County 22182 9.1%
Muskegon County 20134 20.0%
Montcalm County 540 0.0%
Kent County 440 0.0%
Mecosta County 311 33.3%
Lake County 220 0.0%
Kalkaska County 110 0.0%
Isabella County 110 0.0%
Mason 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: 263 applications in 2025, of which 186 were originated and 36 denied.

13.7% of all applications, or 16.2% of the applications it actually decided on. The Michigan statewide average across all lenders was 18.5%.

This lender did not report interest rates on its originated loans (some institutions are exempt from HMDA pricing fields).

About this data. Figures are Gerber 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