THRIVENT Federal Credit Union · Michigan · 2025

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

THRIVENT Federal Credit Union took 9 mortgage applications in Michigan in 2025, ranking #519 of 973 lenders active in the state. It originated 33.3% of them and denied 11.1% (11.1% of the applications it decided), against a statewide denial rate of 18.5%.

9Applicationsin MI
11.1%Decision denial ratestate 22.6%
8.00%Median ratestate 6.75%
$105,000Median loanstate $155,000
$445kVolume7 counties

THRIVENT Federal Credit Union in Michigan vs the state

11.1%Denial rate-7.41 pts vs state
11.1%Decision denial rate-11.47 pts vs state
33.3%Origination rate-26.56 pts vs state
8.00%Median rate+1.25 pts vs state
2.16Rate spread (pts)+1.76 pts vs state
$82kMedian applicant income
3Loans originated
1Denied

Trend in Michigan

YearApplicationsOriginatedDenial rateMedian rateRank in state
202312716.7%8.00%#478
20241170.0%8.25%#489
20259311.1%8.00%#519

What THRIVENT Federal Credit Union lends in Michigan

By loan purpose

Home purchase 1 11% · 0.0% denied
Cash-out refinance 1 11% · 0.0% denied
Home improvement 4 44% · 25.0% denied
Other / HELOC 3 33% · 0.0% denied

By loan type

Conventional 9 100% · 11.1% denied

Why it denied Michigan applicants

Credit history 1 100%

Where in Michigan

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

CountyApplicationsOriginatedDeniedDenial rate
Oakland County 200 0.0%
Cheboygan County 201 50.0%
Presque Isle County 110 0.0%
Marquette County 110 0.0%
Wayne County 110 0.0%
Gogebic County 100 0.0%
Livingston County 100 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: 9 applications in 2025, of which 3 were originated and 1 denied.

11.1% of all applications, or 11.1% of the applications it actually decided on. The Michigan statewide average across all lenders was 18.5%.

The median rate on loans THRIVENT Federal Credit Union originated in Michigan in 2025 was 8.00%, against a statewide median of 6.75%.

About this data. Figures are THRIVENT 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