Northwest Federal Credit Union · Michigan · 2025

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

Northwest Federal Credit Union took 6 mortgage applications in Michigan in 2025, ranking #576 of 973 lenders active in the state. It originated 50.0% of them and denied 33.3% (40.0% of the applications it decided), against a statewide denial rate of 18.5%.

6Applicationsin MI
40.0%Decision denial ratestate 22.6%
7.00%Median ratestate 6.75%
$65,000Median loanstate $155,000
$365kVolume5 counties

Northwest Federal Credit Union in Michigan vs the state

33.3%Denial rate+14.81 pts vs state
40.0%Decision denial rate+17.42 pts vs state
50.0%Origination rate-9.89 pts vs state
7.00%Median rate+0.25 pts vs state
0.29Rate spread (pts)-0.11 pts vs state
$88kMedian applicant income
3Loans originated
2Denied

Trend in Michigan

YearApplicationsOriginatedDenial rateMedian rateRank in state
20239333.3%7.13%#511
20246333.3%7.25%#562
20256333.3%7.00%#576

What Northwest Federal Credit Union lends in Michigan

By loan purpose

Home purchase 1 17% · 0.0% denied
Cash-out refinance 4 67% · 50.0% denied
Home improvement 1 17% · 0.0% denied

By loan type

Conventional 6 100% · 33.3% denied

Why it denied Michigan applicants

Debt-to-income ratio 2 100%

Where in Michigan

Counties with the most Northwest Federal Credit Union applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Iosco County 220 0.0%
Macomb County 101 100.0%
Washtenaw County 101 100.0%
Genesee County 100 0.0%
Oakland County 110 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: 6 applications in 2025, of which 3 were originated and 2 denied.

33.3% of all applications, or 40.0% of the applications it actually decided on. The Michigan statewide average across all lenders was 18.5%.

The median rate on loans Northwest Federal Credit Union originated in Michigan in 2025 was 7.00%, against a statewide median of 6.75%.

About this data. Figures are Northwest Federal 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