Zeal Credit Union at a glance, 2025
Every figure is from the lender's own HMDA filing. "vs national" compares with all lenders combined.
How the C grade breaks down
Each component is a percentile rank among 1,883 small mortgage lenders. Higher is better. Components the lender does not report are left out and the weights redistributed.
Approval oddsdecision denial rate, weight 45%
22nd18.7% deniedProcesswithdrawn + incomplete share, weight 15%
75th6.0%Trend, 2023–2025
| Year | Applications | Originated | Denial rate | Decision denial | Median rate | Volume |
|---|---|---|---|---|---|---|
| 2023 | 348 | 261 | 13.5% | 15.2% | — | $14M |
| 2024 | 440 | 271 | 23.6% | 26.5% | — | $15M |
| 2025 | 302 | 228 | 17.6% | 18.7% | — | $14M |
What Zeal Credit Union lends
Applications by purpose and loan type in 2025, with the denial rate for each. A lender's mix explains a lot of its headline rate: HELOCs and FHA loans are denied far more often than conventional purchase loans.
By loan purpose
By loan type
Also: 0 home-equity lines, 0 reverse mortgages, 0 manufactured homes, 4 investment properties.
Why Zeal Credit Union denies applications
Primary reason reported for each of the 53 denials in 2025. Lenders can cite up to four reasons; this is the first one listed.
Who gets approved at Zeal Credit Union
Decision denial rate by applicant profile. Groups with fewer than 20 applications are omitted.
| Applicant income | Applications | Originated | Decision denial rate |
|---|---|---|---|
| Under $50k | 33 | 15 | 51.6% |
| $50k – $100k | 119 | 95 | 15.0% |
| $100k – $150k | 81 | 58 | 17.8% |
| $150k – $250k | 57 | 49 | 10.9% |
| Applicant age | Applications | Originated | Decision denial rate |
|---|---|---|---|
| 25–34 | 27 | 20 | 22.2% |
| 35–44 | 84 | 69 | 14.8% |
| 45–54 | 70 | 50 | 20.3% |
| 55–64 | 70 | 52 | 18.5% |
| 65–74 | 37 | 27 | 18.2% |
Where Zeal Credit Union lends
1 states and 15 counties in 2025. Click a state for the lender's full record there.
| State | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| Michigan | 302 | 228 | 17.6% | — | #172 |
Frequently asked questions
Zeal Credit Union denied 18.7% of the applications it decided on in 2025. The national figure across all lenders was 22.6%. On approval odds it ranks in the 22nd percentile of small mortgage lenders.
The most common reason Zeal Credit Union gave in 2025 was "debt-to-income ratio", cited on 67.4% of its denials. Lenders report up to four reasons per denial to the CFPB; the full breakdown is on this page.
In 2025, 0% of its applications were for home purchases, 8% for refinancing (including cash-out), and 92% for home improvement or other purposes. By loan type: 100% conventional, 0% FHA, 0% VA.
Every figure on this page comes from the Home Mortgage Disclosure Act (HMDA) Loan/Application Register published by the CFPB, which lenders are required by federal law to file. We add the grade and the comparisons; we do not add facts.