Three Rivers Federal Credit Union · Michigan · 2025

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

Three Rivers Federal Credit Union took 18 mortgage applications in Michigan in 2025, ranking #452 of 973 lenders active in the state. It originated 66.7% of them and denied 27.8% (29.4% of the applications it decided), against a statewide denial rate of 18.5%.

18Applicationsin MI
29.4%Decision denial ratestate 22.6%
7.13%Median ratestate 6.75%
$180,000Median loanstate $155,000
$3.0MVolume10 counties

Three Rivers Federal Credit Union in Michigan vs the state

27.8%Denial rate+9.26 pts vs state
29.4%Decision denial rate+6.83 pts vs state
66.7%Origination rate+6.78 pts vs state
7.13%Median rate+0.38 pts vs state
0.63Rate spread (pts)+0.23 pts vs state
$130kMedian applicant income
12Loans originated
5Denied

Trend in Michigan

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023211419.1%8.38%#419
2024362411.1%7.63%#375
2025181227.8%7.13%#452

What Three Rivers Federal Credit Union lends in Michigan

By loan purpose

Home purchase 5 28% · 20.0% denied
Refinance 4 22% · 25.0% denied
Cash-out refinance 3 17% · 33.3% denied
Home improvement 2 11% · 0.0% denied
Other / HELOC 4 22% · 50.0% denied

By loan type

Conventional 18 100% · 27.8% denied

Why it denied Michigan applicants

Incomplete application 2 40%
Debt-to-income ratio 2 40%
Credit history 1 20%

Where in Michigan

Counties with the most Three Rivers Federal Credit Union applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Branch County 642 33.3%
Hillsdale County 211 50.0%
Calhoun County 210 0.0%
Macomb County 211 50.0%
Manistee County 110 0.0%
Ingham County 101 100.0%
St. Joseph County 110 0.0%
Mackinac County 110 0.0%
Mason County 110 0.0%
Kent 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: 18 applications in 2025, of which 12 were originated and 5 denied.

27.8% of all applications, or 29.4% of the applications it actually decided on. The Michigan statewide average across all lenders was 18.5%.

The median rate on loans Three Rivers Federal Credit Union originated in Michigan in 2025 was 7.13%, against a statewide median of 6.75%.

About this data. Figures are Three Rivers 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