SUN Federal Credit Union · Michigan · 2025

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

SUN Federal Credit Union took 28 mortgage applications in Michigan in 2025, ranking #397 of 973 lenders active in the state. It originated 85.7% of them and denied 3.6% (4.0% of the applications it decided), against a statewide denial rate of 18.5%.

28Applicationsin MI
4.0%Decision denial ratestate 22.6%
7.19%Median ratestate 6.75%
$95,000Median loanstate $155,000
$3.8MVolume9 counties

SUN Federal Credit Union in Michigan vs the state

3.6%Denial rate-14.95 pts vs state
4.0%Decision denial rate-18.58 pts vs state
85.7%Origination rate+25.82 pts vs state
7.19%Median rate+0.44 pts vs state
1.15Rate spread (pts)+0.75 pts vs state
$108kMedian applicant income
24Loans originated
1Denied

Trend in Michigan

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023462915.2%7.75%#343
202429223.5%7.13%#391
202528243.6%7.19%#397

What SUN Federal Credit Union lends in Michigan

By loan purpose

Home purchase 6 21% · 0.0% denied
Refinance 2 7% · 0.0% denied
Cash-out refinance 1 4% · 0.0% denied
Home improvement 6 21% · 0.0% denied
Other / HELOC 13 46% · 7.7% denied

By loan type

Conventional 28 100% · 3.6% denied

Why it denied Michigan applicants

Collateral 1 100%

Where in Michigan

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

CountyApplicationsOriginatedDeniedDenial rate
Monroe County 16140 0.0%
Lenawee County 430 0.0%
Hillsdale County 220 0.0%
Washtenaw County 110 0.0%
Oakland County 110 0.0%
Crawford County 110 0.0%
Macomb County 110 0.0%
Branch County 110 0.0%
Genesee County 101 100.0%

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: 28 applications in 2025, of which 24 were originated and 1 denied.

3.6% of all applications, or 4.0% of the applications it actually decided on. The Michigan statewide average across all lenders was 18.5%.

The median rate on loans SUN Federal Credit Union originated in Michigan in 2025 was 7.19%, against a statewide median of 6.75%.

About this data. Figures are SUN 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