TRUE COMMUNITY Credit Union · Michigan · 2025

TRUE COMMUNITY Credit Union in Michigan: approval rate, denial rate and rates (2025)

TRUE COMMUNITY Credit Union took 709 mortgage applications in Michigan in 2025, ranking #101 of 973 lenders active in the state. It originated 72.6% of them and denied 19.3% (19.9% of the applications it decided), against a statewide denial rate of 18.5%.

709Applicationsin MI
19.9%Decision denial ratestate 22.6%
Median ratestate 6.75%
$75,000Median loanstate $155,000
$54MVolume30 counties

TRUE COMMUNITY Credit Union in Michigan vs the state

19.3%Denial rate+0.80 pts vs state
19.9%Decision denial rate-2.67 pts vs state
72.6%Origination rate+12.75 pts vs state
Median rate
Rate spread (pts)
$84kMedian applicant income
515Loans originated
137Denied

Trend in Michigan

YearApplicationsOriginatedDenial rateMedian rateRank in state
202351537419.4%#108
202455841217.4%#107
202570951519.3%#101

What TRUE COMMUNITY Credit Union lends in Michigan

By loan purpose

Home purchase 81 11% · 6.2% denied
Refinance 15 2% · 13.3% denied
Cash-out refinance 52 7% · 15.4% denied
Home improvement 235 33% · 23.4% denied
Other / HELOC 326 46% · 20.6% denied

By loan type

Conventional 709 100% · 19.3% denied

Where in Michigan

Counties with the most TRUE COMMUNITY Credit Union applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Jackson County 39430163 16.0%
Wayne County 1187039 33.1%
Washtenaw County 382312 31.6%
Ingham County 33247 21.2%
Lenawee County 18132 11.1%
Hillsdale County 18152 11.1%
Calhoun County 18124 22.2%
Oakland County 12101 8.3%
Livingston County 1091 10.0%
Monroe County 770 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: 709 applications in 2025, of which 515 were originated and 137 denied.

19.3% of all applications, or 19.9% of the applications it actually decided on. The Michigan statewide average across all lenders was 18.5%.

This lender did not report interest rates on its originated loans (some institutions are exempt from HMDA pricing fields).

About this data. Figures are TRUE COMMUNITY 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