West Michigan Credit Union · Michigan · 2025

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

West Michigan Credit Union took 200 mortgage applications in Michigan in 2025, ranking #209 of 973 lenders active in the state. It originated 54.0% of them and denied 33.0% (33.7% of the applications it decided), against a statewide denial rate of 18.5%.

200Applicationsin MI
33.7%Decision denial ratestate 22.6%
7.25%Median ratestate 6.75%
$55,000Median loanstate $155,000
$8.8MVolume20 counties

West Michigan Credit Union in Michigan vs the state

33.0%Denial rate+14.48 pts vs state
33.7%Decision denial rate+11.09 pts vs state
54.0%Origination rate-5.89 pts vs state
7.25%Median rate+0.50 pts vs state
1.51Rate spread (pts)+1.11 pts vs state
$72kMedian applicant income
108Loans originated
66Denied

Trend in Michigan

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231647729.9%7.25%#204
20241406039.3%7.75%#234
202520010833.0%7.25%#209

What West Michigan Credit Union lends in Michigan

By loan purpose

Home purchase 25 13% · 36.0% denied
Refinance 11 6% · 72.7% denied
Cash-out refinance 62 31% · 38.7% denied
Home improvement 96 48% · 20.8% denied
Other / HELOC 6 3% · 83.3% denied

By loan type

Conventional 200 100% · 33.0% denied

Why it denied Michigan applicants

Debt-to-income ratio 39 59%
Credit history 13 20%
Collateral 9 14%
Other 3 5%
Employment history 1 2%
Insufficient cash 1 2%

Where in Michigan

Counties with the most West Michigan Credit Union applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Kent County 664317 25.8%
Mecosta County 432712 27.9%
Ottawa County 23129 39.1%
Osceola County 1768 47.1%
Lake County 1036 60.0%
Wexford County 924 44.4%
Newaygo County 743 42.9%
Manistee County 431 25.0%
Montcalm County 310 0.0%
Missaukee County 311 33.3%

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: 200 applications in 2025, of which 108 were originated and 66 denied.

33.0% of all applications, or 33.7% of the applications it actually decided on. The Michigan statewide average across all lenders was 18.5%.

The median rate on loans West Michigan Credit Union originated in Michigan in 2025 was 7.25%, against a statewide median of 6.75%.

About this data. Figures are West Michigan 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