Kalsee Credit Union · Michigan · 2025

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

Kalsee Credit Union took 283 mortgage applications in Michigan in 2025, ranking #177 of 973 lenders active in the state. It originated 91.2% of them and denied 3.2% (3.3% of the applications it decided), against a statewide denial rate of 18.5%.

283Applicationsin MI
3.3%Decision denial ratestate 22.6%
6.63%Median ratestate 6.75%
$55,000Median loanstate $155,000
$24MVolume13 counties

Kalsee Credit Union in Michigan vs the state

3.2%Denial rate-15.34 pts vs state
3.3%Decision denial rate-19.27 pts vs state
91.2%Origination rate+31.28 pts vs state
6.63%Median rate-0.13 pts vs state
0.25Rate spread (pts)-0.15 pts vs state
$83kMedian applicant income
258Loans originated
9Denied

Trend in Michigan

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231611358.7%7.50%#207
20241851569.2%7.74%#199
20252832583.2%6.63%#177

What Kalsee Credit Union lends in Michigan

By loan purpose

Home purchase 44 16% · 0.0% denied
Refinance 17 6% · 0.0% denied
Cash-out refinance 24 8% · 12.5% denied
Home improvement 103 36% · 1.9% denied
Other / HELOC 95 34% · 4.2% denied

By loan type

Conventional 283 100% · 3.2% denied

Why it denied Michigan applicants

Debt-to-income ratio 4 44%
Collateral 4 44%
Credit history 1 11%

Where in Michigan

Counties with the most Kalsee Credit Union applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Kalamazoo County 1921764 2.1%
Calhoun County 30282 6.7%
Van Buren County 20170 0.0%
St. Joseph County 12120 0.0%
Barry County 862 25.0%
Allegan County 641 16.7%
Branch County 330 0.0%
Berrien County 220 0.0%
Hillsdale County 220 0.0%
Kent County 220 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: 283 applications in 2025, of which 258 were originated and 9 denied.

3.2% of all applications, or 3.3% of the applications it actually decided on. The Michigan statewide average across all lenders was 18.5%.

The median rate on loans Kalsee Credit Union originated in Michigan in 2025 was 6.63%, against a statewide median of 6.75%.

About this data. Figures are Kalsee 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