United Federal Credit Union · Michigan · 2025

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

United Federal Credit Union took 1,668 mortgage applications in Michigan in 2025, ranking #52 of 973 lenders active in the state. It originated 64.3% of them and denied 18.9% (21.8% of the applications it decided), against a statewide denial rate of 18.5%.

1.7kApplicationsin MI
21.8%Decision denial ratestate 22.6%
7.05%Median ratestate 6.75%
$105,000Median loanstate $155,000
$193MVolume41 counties

United Federal Credit Union in Michigan vs the state

18.9%Denial rate+0.36 pts vs state
21.8%Decision denial rate-0.80 pts vs state
64.3%Origination rate+4.38 pts vs state
7.05%Median rate+0.30 pts vs state
0.49Rate spread (pts)+0.09 pts vs state
$90kMedian applicant income
1,072Loans originated
315Denied

Trend in Michigan

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231,51596220.3%7.60%#46
20241,5801,00222.5%8.00%#50
20251,6681,07218.9%7.05%#52

What United Federal Credit Union lends in Michigan

By loan purpose

Home purchase 539 32% · 4.5% denied
Refinance 228 14% · 13.6% denied
Cash-out refinance 152 9% · 7.9% denied
Home improvement 406 24% · 30.3% denied
Other / HELOC 343 21% · 36.4% denied

By loan type

Conventional 1,608 96% · 19.0% denied
FHA 55 3% · 16.4% denied
VA 3 0% · 0.0% denied
USDA / RHS 2 0% · 50.0% denied

Why it denied Michigan applicants

Credit history 105 33%
Incomplete application 90 29%
Debt-to-income ratio 65 21%
Collateral 28 9%
Other 16 5%
Unverifiable information 6 2%
Employment history 3 1%
Insufficient cash 2 1%

Where in Michigan

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

CountyApplicationsOriginatedDeniedDenial rate
Berrien County 1,034683192 18.6%
Ottawa County 18611238 20.4%
Cass County 1137022 19.5%
Allegan County 674612 17.9%
Kent County 57368 14.0%
Van Buren County 563710 17.9%
Kalamazoo County 30185 16.7%
Calhoun County 2097 35.0%
Muskegon County 981 11.1%
St. Joseph County 741 14.3%

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: 1,668 applications in 2025, of which 1,072 were originated and 315 denied.

18.9% of all applications, or 21.8% of the applications it actually decided on. The Michigan statewide average across all lenders was 18.5%.

The median rate on loans United Federal Credit Union originated in Michigan in 2025 was 7.05%, against a statewide median of 6.75%.

About this data. Figures are United 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