Michigan United Credit Union · Michigan · 2025

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

Michigan United Credit Union took 328 mortgage applications in Michigan in 2025, ranking #165 of 973 lenders active in the state. It originated 65.6% of them and denied 11.3% (14.1% of the applications it decided), against a statewide denial rate of 18.5%.

328Applicationsin MI
14.1%Decision denial ratestate 22.6%
4.74%Median ratestate 6.75%
$75,000Median loanstate $155,000
$18MVolume29 counties

Michigan United Credit Union in Michigan vs the state

11.3%Denial rate-7.24 pts vs state
14.1%Decision denial rate-8.51 pts vs state
65.6%Origination rate+5.66 pts vs state
4.74%Median rate-2.01 pts vs state
Rate spread (pts)
$109kMedian applicant income
215Loans originated
37Denied

Trend in Michigan

YearApplicationsOriginatedDenial rateMedian rateRank in state
202317112018.7%6.49%#201
20241671157.2%6.62%#214
202532821511.3%4.74%#165

What Michigan United Credit Union lends in Michigan

By loan purpose

Home purchase 14 4% · 0.0% denied
Refinance 139 42% · 13.7% denied
Cash-out refinance 54 16% · 13.0% denied
Home improvement 121 37% · 9.1% denied

By loan type

Conventional 328 100% · 11.3% denied

Why it denied Michigan applicants

Debt-to-income ratio 24 65%
Credit history 9 24%
Other 2 5%
Unverifiable information 2 5%

Where in Michigan

Counties with the most Michigan United Credit Union applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Oakland County 17512117 9.7%
Macomb County 59399 15.3%
Wayne County 19112 10.5%
Kent County 1081 10.0%
Livingston County 851 12.5%
St. Clair County 852 25.0%
Ingham County 741 14.3%
Washtenaw County 630 0.0%
Genesee County 621 16.7%
Lapeer County 321 33.3%

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: 328 applications in 2025, of which 215 were originated and 37 denied.

11.3% of all applications, or 14.1% of the applications it actually decided on. The Michigan statewide average across all lenders was 18.5%.

The median rate on loans Michigan United Credit Union originated in Michigan in 2025 was 4.74%, against a statewide median of 6.75%.

About this data. Figures are Michigan United 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