Michigan Legacy Credit Union in Michigan vs the state
18.3%Denial rate-0.19 pts vs state
22.9%Decision denial rate+0.34 pts vs state
61.1%Origination rate+1.22 pts vs state
4.99%Median rate-1.76 pts vs state
-0.43Rate spread (pts)-0.83 pts vs state
$111kMedian applicant income
110Loans originated
33Denied
Trend in Michigan
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 130 | 64 | 25.4% | 6.50% | #237 |
| 2024 | 67 | 43 | 17.9% | 7.50% | #315 |
| 2025 | 180 | 110 | 18.3% | 4.99% | #224 |
What Michigan Legacy Credit Union lends in Michigan
By loan purpose
By loan type
Why it denied Michigan applicants
Where in Michigan
Counties with the most Michigan Legacy Credit Union applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Wayne County | 68 | 41 | 12 | 17.6% |
| Oakland County | 38 | 23 | 4 | 10.5% |
| Macomb County | 18 | 13 | 3 | 16.7% |
| Monroe County | 10 | 8 | 2 | 20.0% |
| Livingston County | 9 | 6 | 2 | 22.2% |
| Kent County | 6 | 4 | 0 | 0.0% |
| Ottawa County | 4 | 0 | 3 | 75.0% |
| St. Clair County | 4 | 2 | 0 | 0.0% |
| Muskegon County | 3 | 1 | 2 | 66.7% |
| Genesee County | 3 | 3 | 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: 180 applications in 2025, of which 110 were originated and 33 denied.
18.3% of all applications, or 22.9% of the applications it actually decided on. The Michigan statewide average across all lenders was 18.5%.
The median rate on loans Michigan Legacy Credit Union originated in Michigan in 2025 was 4.99%, against a statewide median of 6.75%.
About this data. Figures are Michigan Legacy 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