Zeal Credit Union · Michigan · 2025

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

Zeal Credit Union took 302 mortgage applications in Michigan in 2025, ranking #172 of 973 lenders active in the state. It originated 75.5% of them and denied 17.6% (18.7% of the applications it decided), against a statewide denial rate of 18.5%.

302Applicationsin MI
18.7%Decision denial ratestate 22.6%
Median ratestate 6.75%
$55,000Median loanstate $155,000
$14MVolume15 counties

Zeal Credit Union in Michigan vs the state

17.6%Denial rate-0.97 pts vs state
18.7%Decision denial rate-3.92 pts vs state
75.5%Origination rate+15.61 pts vs state
Median rate
Rate spread (pts)
$99kMedian applicant income
228Loans originated
53Denied

Trend in Michigan

YearApplicationsOriginatedDenial rateMedian rateRank in state
202334726113.5%#135
202444027123.6%#130
202530222817.6%#172

What Zeal Credit Union lends in Michigan

By loan purpose

Refinance 2 1% · 0.0% denied
Cash-out refinance 22 7% · 13.6% denied
Home improvement 276 91% · 18.1% denied
Other / HELOC 2 1% · 0.0% denied

By loan type

Conventional 302 100% · 17.6% denied

Why it denied Michigan applicants

Debt-to-income ratio 31 67%
Incomplete application 9 20%
Credit history 5 11%
Collateral 1 2%

Where in Michigan

Counties with the most Zeal Credit Union applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Wayne County 20114642 20.9%
Oakland County 55447 12.7%
Livingston County 11100 0.0%
Macomb County 1081 10.0%
Washtenaw County 870 0.0%
Monroe County 422 50.0%
St. Clair County 330 0.0%
Lapeer County 220 0.0%
Roscommon County 211 50.0%
Barry 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: 302 applications in 2025, of which 228 were originated and 53 denied.

17.6% of all applications, or 18.7% 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 Zeal 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