Wings Financial Credit Union · Michigan · 2025

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

Wings Financial Credit Union took 111 mortgage applications in Michigan in 2025, ranking #260 of 973 lenders active in the state. It originated 58.6% of them and denied 19.8% (22.0% of the applications it decided), against a statewide denial rate of 18.5%.

111Applicationsin MI
22.0%Decision denial ratestate 22.6%
7.25%Median ratestate 6.75%
$85,000Median loanstate $155,000
$8.8MVolume19 counties

Wings Financial Credit Union in Michigan vs the state

19.8%Denial rate+1.30 pts vs state
22.0%Decision denial rate-0.58 pts vs state
58.6%Origination rate-1.33 pts vs state
7.25%Median rate+0.50 pts vs state
0.04Rate spread (pts)-0.36 pts vs state
$103kMedian applicant income
65Loans originated
22Denied

Trend in Michigan

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231357620.0%7.63%#231
20241357621.5%8.25%#239
20251116519.8%7.25%#260

What Wings Financial Credit Union lends in Michigan

By loan purpose

Home purchase 23 21% · 13.0% denied
Refinance 6 5% · 33.3% denied
Cash-out refinance 3 3% · 33.3% denied
Home improvement 50 45% · 14.0% denied
Other / HELOC 29 26% · 31.0% denied

By loan type

Conventional 111 100% · 19.8% denied

Why it denied Michigan applicants

Credit history 9 41%
Debt-to-income ratio 5 23%
Collateral 5 23%
Other 2 9%
Unverifiable information 1 5%

Where in Michigan

Counties with the most Wings Financial Credit Union applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Wayne County 472414 29.8%
Oakland County 1682 12.5%
Washtenaw County 1071 10.0%
Livingston County 770 0.0%
Ingham County 640 0.0%
Monroe County 521 20.0%
Kent County 522 40.0%
Jackson County 320 0.0%
Iosco County 201 50.0%
Gogebic 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: 111 applications in 2025, of which 65 were originated and 22 denied.

19.8% of all applications, or 22.0% of the applications it actually decided on. The Michigan statewide average across all lenders was 18.5%.

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

About this data. Figures are Wings Financial 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