LAFCU Credit Union in Michigan vs the state
8.5%Denial rate-10.02 pts vs state
11.3%Decision denial rate-11.24 pts vs state
64.2%Origination rate+4.32 pts vs state
5.88%Median rate-0.88 pts vs state
-0.20Rate spread (pts)-0.60 pts vs state
$89kMedian applicant income
287Loans originated
38Denied
Trend in Michigan
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 445 | 306 | 12.1% | 6.89% | #118 |
| 2024 | 452 | 300 | 13.9% | 7.14% | #125 |
| 2025 | 447 | 287 | 8.5% | 5.88% | #139 |
What LAFCU Credit Union lends in Michigan
By loan purpose
By loan type
Why it denied Michigan applicants
Where in Michigan
Counties with the most LAFCU Credit Union applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Eaton County | 108 | 72 | 8 | 7.4% |
| Ingham County | 99 | 65 | 5 | 5.1% |
| Shiawassee County | 63 | 35 | 8 | 12.7% |
| Clinton County | 43 | 27 | 5 | 11.6% |
| Livingston County | 12 | 9 | 2 | 16.7% |
| Calhoun County | 11 | 5 | 1 | 9.1% |
| Oakland County | 11 | 8 | 0 | 0.0% |
| Jackson County | 8 | 5 | 1 | 12.5% |
| Genesee County | 8 | 5 | 2 | 25.0% |
| Ionia County | 7 | 6 | 0 | 0.0% |
Other large lenders in Michigan
| Lender | Grade | Applications | Denial rate | Median rate |
|---|---|---|---|---|
| Rocket Mortgage | C | 30,644 | 16.3% | 6.75% |
| United Shore Financial Services | B | 29,330 | 11.7% | 6.60% |
| The Huntington National Bank | D | 20,047 | 30.0% | 7.49% |
| Lake Michigan Credit Union | A | 16,662 | 5.6% | 6.75% |
| Fifth Third Bank | D | 11,176 | 26.4% | 7.50% |
| 21st Mortgage | F | 7,424 | 53.4% | 11.04% |
| Citizens Bank | C | 6,592 | 29.0% | 7.65% |
| Triad Financial Services | D | 6,426 | 56.1% | 8.49% |
| Union Home Mortgage | B | 5,303 | 4.3% | 6.75% |
| PNC Bank | D | 5,161 | 26.3% | 7.36% |
Frequently asked questions
Michigan: 447 applications in 2025, of which 287 were originated and 38 denied.
8.5% of all applications, or 11.3% of the applications it actually decided on. The Michigan statewide average across all lenders was 18.5%.
The median rate on loans LAFCU Credit Union originated in Michigan in 2025 was 5.88%, against a statewide median of 6.75%.
About this data. Figures are LAFCU 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