Team One Credit Union · Michigan · 2025

Team One Credit Union in Michigan: approval rate, denial rate and rates (2025)

Team One Credit Union took 150 mortgage applications in Michigan in 2025, ranking #237 of 973 lenders active in the state. It originated 72.0% of them and denied 6.0% (7.6% of the applications it decided), against a statewide denial rate of 18.5%.

150Applicationsin MI
7.6%Decision denial ratestate 22.6%
6.75%Median ratestate 6.75%
$90,000Median loanstate $155,000
$14MVolume23 counties

Team One Credit Union in Michigan vs the state

6.0%Denial rate-12.52 pts vs state
7.6%Decision denial rate-14.95 pts vs state
72.0%Origination rate+12.11 pts vs state
6.75%Median rate0.00 pts vs state
0.35Rate spread (pts)-0.05 pts vs state
$74kMedian applicant income
108Loans originated
9Denied

Trend in Michigan

YearApplicationsOriginatedDenial rateMedian rateRank in state
20233212599.4%6.88%#144
20242942417.1%#170
20251501086.0%6.75%#237

What Team One Credit Union lends in Michigan

By loan purpose

Home purchase 64 43% · 1.6% denied
Refinance 11 7% · 18.2% denied
Cash-out refinance 20 13% · 10.0% denied
Home improvement 34 23% · 8.8% denied
Other / HELOC 21 14% · 4.8% denied

By loan type

Conventional 149 99% · 6.0% denied
USDA / RHS 1 1% · 0.0% denied

Why it denied Michigan applicants

Credit history 4 44%
Debt-to-income ratio 3 33%
Collateral 1 11%
Other 1 11%

Where in Michigan

Counties with the most Team One Credit Union applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Tuscola County 32242 6.3%
Huron County 31213 9.7%
Saginaw County 27211 3.7%
Sanilac County 19140 0.0%
Bay County 731 14.3%
Genesee County 741 14.3%
Oakland County 321 33.3%
Benzie County 320 0.0%
Leelanau County 210 0.0%
Lapeer County 210 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: 150 applications in 2025, of which 108 were originated and 9 denied.

6.0% of all applications, or 7.6% of the applications it actually decided on. The Michigan statewide average across all lenders was 18.5%.

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

About this data. Figures are Team One 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