Pentagon Federal Credit Union · Michigan · 2025

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

Pentagon Federal Credit Union took 287 mortgage applications in Michigan in 2025, ranking #175 of 973 lenders active in the state. It originated 36.9% of them and denied 43.6% (53.7% of the applications it decided), against a statewide denial rate of 18.5%.

287Applicationsin MI
53.7%Decision denial ratestate 22.6%
7.50%Median ratestate 6.75%
$145,000Median loanstate $155,000
$20MVolume52 counties

Pentagon Federal Credit Union in Michigan vs the state

43.6%Denial rate+25.03 pts vs state
53.7%Decision denial rate+31.07 pts vs state
36.9%Origination rate-22.96 pts vs state
7.50%Median rate+0.75 pts vs state
0.43Rate spread (pts)+0.03 pts vs state
$117kMedian applicant income
106Loans originated
125Denied

Trend in Michigan

YearApplicationsOriginatedDenial rateMedian rateRank in state
20233269347.9%6.63%#139
20242818247.7%8.94%#174
202528710643.6%7.50%#175

What Pentagon Federal Credit Union lends in Michigan

By loan purpose

Home purchase 71 25% · 32.4% denied
Refinance 64 22% · 43.8% denied
Cash-out refinance 36 13% · 55.6% denied
Home improvement 75 26% · 46.7% denied
Other / HELOC 41 14% · 46.3% denied

By loan type

Conventional 237 83% · 43.5% denied
FHA 10 3% · 40.0% denied
VA 40 14% · 45.0% denied

Why it denied Michigan applicants

Other 39 31%
Credit history 38 30%
Debt-to-income ratio 26 21%
Collateral 19 15%
Insufficient cash 2 2%
Unverifiable information 1 1%

Where in Michigan

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

CountyApplicationsOriginatedDeniedDenial rate
Wayne County 441817 38.6%
Oakland County 411810 24.4%
Macomb County 391120 51.3%
Kent County 1547 46.7%
Ingham County 1365 38.5%
Genesee County 972 22.2%
Washtenaw County 934 44.4%
Livingston County 954 44.4%
Kalamazoo County 816 75.0%
St. Clair County 815 62.5%

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: 287 applications in 2025, of which 106 were originated and 125 denied.

43.6% of all applications, or 53.7% of the applications it actually decided on. The Michigan statewide average across all lenders was 18.5%.

The median rate on loans Pentagon Federal Credit Union originated in Michigan in 2025 was 7.50%, against a statewide median of 6.75%.

About this data. Figures are Pentagon 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