Team One 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 C 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%
49th9.9% deniedPricingmedian rate spread over APOR, weight 30%
39th0.35 ptsProcesswithdrawn + incomplete share, weight 15%
6th29.7%Closing coststotal loan costs ÷ loan amount, weight 10%
89th0.83% of loanTrend, 2023–2025
| Year | Applications | Originated | Denial rate | Decision denial | Median rate | Volume |
|---|---|---|---|---|---|---|
| 2023 | 323 | 259 | 9.6% | 10.7% | 6.88% | $27M |
| 2024 | 294 | 241 | 7.1% | 8.0% | — | $29M |
| 2025 | 172 | 108 | 7.0% | 9.9% | 6.75% | $14M |
What Team One 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, 9 manufactured homes, 2 investment properties.
Why Team One Credit Union denies applications
Primary reason reported for each of the 12 denials in 2025. Lenders can cite up to four reasons; this is the first one listed.
Who gets approved at Team One 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 | 51 | 27 | 22.2% |
| $50k – $100k | 74 | 52 | 3.7% |
| $100k – $150k | 23 | 15 | 0.0% |
| Applicant age | Applications | Originated | Decision denial rate |
|---|---|---|---|
| 25–34 | 44 | 25 | 10.3% |
| 35–44 | 27 | 15 | 0.0% |
| 45–54 | 29 | 18 | 14.3% |
| 55–64 | 35 | 26 | 10.3% |
Where Team One Credit Union lends
2 states and 23 counties in 2025. Click a state for the lender's full record there.
| State | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| Michigan | 150 | 108 | 6.0% | 6.75% | #237 |
Frequently asked questions
Team One Credit Union denied 9.9% of the applications it decided on in 2025. The national figure across all lenders was 22.6%. On approval odds it ranks in the 49th percentile of small mortgage lenders.
The most common reason Team One Credit Union gave in 2025 was "credit history", cited on 50.0% 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 Team One Credit Union originated in 2025 was 6.75%, and its median rate spread over the average prime offer rate was 0.35 points. Rates on this page are what borrowers actually got, not advertised rates.
In 2025, 49% of its applications were for home purchases, 18% for refinancing (including cash-out), and 33% for home improvement or other purposes. By loan type: 99% 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.