Mid American Credit Union at a glance, 2025
Every figure is from the lender's own HMDA filing. "vs national" compares with all lenders combined.
How the D grade breaks down
Each component is a percentile rank among 1,883 small mortgage lenders. Higher is better. Components the lender does not report are left out and the weights redistributed.
Approval oddsdecision denial rate, weight 45%
27th16.3% deniedPricingmedian rate spread over APOR, weight 30%
18th0.75 ptsProcesswithdrawn + incomplete share, weight 15%
16th21.7%Closing coststotal loan costs ÷ loan amount, weight 10%
51st1.88% of loanTrend, 2023–2025
| Year | Applications | Originated | Denial rate | Decision denial | Median rate | Volume |
|---|---|---|---|---|---|---|
| 2023 | 191 | 144 | 10.0% | 11.7% | 7.63% | $12M |
| 2024 | 212 | 149 | 12.3% | 14.8% | 7.99% | $16M |
| 2025 | 235 | 154 | 12.8% | 16.3% | 7.00% | $22M |
What Mid American Credit Union lends
Applications by purpose and loan type in 2025, with the denial rate for each. A lender's mix explains a lot of its headline rate: HELOCs and FHA loans are denied far more often than conventional purchase loans.
By loan purpose
By loan type
Also: 0 home-equity lines, 0 reverse mortgages, 6 manufactured homes, 1 investment properties.
Why Mid American Credit Union denies applications
Primary reason reported for each of the 30 denials in 2025. Lenders can cite up to four reasons; this is the first one listed.
Who gets approved at Mid American Credit Union
Decision denial rate by applicant profile. Groups with fewer than 20 applications are omitted.
| Applicant income | Applications | Originated | Decision denial rate |
|---|---|---|---|
| Under $50k | 39 | 20 | 33.3% |
| $50k – $100k | 84 | 56 | 16.4% |
| $100k – $150k | 54 | 35 | 14.6% |
| $150k – $250k | 48 | 34 | 8.1% |
| Applicant age | Applications | Originated | Decision denial rate |
|---|---|---|---|
| 25–34 | 40 | 17 | 34.6% |
| 35–44 | 47 | 30 | 21.1% |
| 45–54 | 51 | 34 | 17.1% |
| 55–64 | 46 | 35 | 7.9% |
| 65–74 | 35 | 29 | 6.5% |
Where Mid American Credit Union lends
4 states and 33 counties in 2025. Click a state for the lender's full record there.
Frequently asked questions
Mid American Credit Union denied 16.3% of the applications it decided on in 2025. The national figure across all lenders was 22.6%. On approval odds it ranks in the 27th percentile of small mortgage lenders.
The most common reason Mid American Credit Union gave in 2025 was "credit history", cited on 46.7% of its denials. Lenders report up to four reasons per denial to the CFPB; the full breakdown is on this page.
The median interest rate on loans Mid American Credit Union originated in 2025 was 7.00%, and its median rate spread over the average prime offer rate was 0.75 points. Rates on this page are what borrowers actually got, not advertised rates.
In 2025, 43% of its applications were for home purchases, 15% for refinancing (including cash-out), and 42% for home improvement or other purposes. By loan type: 100% conventional, 0% FHA, 0% VA.
Every figure on this page comes from the Home Mortgage Disclosure Act (HMDA) Loan/Application Register published by the CFPB, which lenders are required by federal law to file. We add the grade and the comparisons; we do not add facts.