Monroe Community Credit Union · Michigan · 2025

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

Monroe Community Credit Union took 195 mortgage applications in Michigan in 2025, ranking #212 of 973 lenders active in the state. It originated 89.2% of them and denied 6.2% (6.5% of the applications it decided), against a statewide denial rate of 18.5%.

195Applicationsin MI
6.5%Decision denial ratestate 22.6%
6.75%Median ratestate 6.75%
$55,000Median loanstate $155,000
$13MVolume8 counties

Monroe Community Credit Union in Michigan vs the state

6.2%Denial rate-12.37 pts vs state
6.5%Decision denial rate-16.13 pts vs state
89.2%Origination rate+29.34 pts vs state
6.75%Median rate0.00 pts vs state
0.46Rate spread (pts)+0.06 pts vs state
$85kMedian applicant income
174Loans originated
12Denied

Trend in Michigan

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231491411.3%7.49%#222
20241931629.8%7.24%#195
20251951746.2%6.75%#212

What Monroe Community Credit Union lends in Michigan

By loan purpose

Home purchase 20 10% · 0.0% denied
Refinance 32 16% · 3.1% denied
Cash-out refinance 2 1% · 50.0% denied
Home improvement 141 72% · 7.1% denied

By loan type

Conventional 195 100% · 6.2% denied

Why it denied Michigan applicants

Debt-to-income ratio 5 42%
Credit history 4 33%
Other 3 25%

Where in Michigan

Counties with the most Monroe Community Credit Union applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Monroe County 18216411 6.0%
Wayne County 751 14.3%
Jackson County 110 0.0%
Lapeer County 110 0.0%
Lenawee County 110 0.0%
Ottawa County 110 0.0%
Oakland County 110 0.0%
Washtenaw County 100 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: 195 applications in 2025, of which 174 were originated and 12 denied.

6.2% of all applications, or 6.5% of the applications it actually decided on. The Michigan statewide average across all lenders was 18.5%.

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

About this data. Figures are Monroe Community 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