Lender in Michigan · HMDA 2025
Community Financial Credit Union mortgages in Michigan
Community Financial Credit Union's 2025 home-purchase and refinance lending in Michigan, compared with all lenders in the state.
Community Financial Credit Union originated 210 owner-occupied single-family loans in Michigan from 348 completed applications.
Its median conventional purchase loan costs were $3,180 versus $4,140 for all Michigan lenders, at a median 30-year fixed rate of 6.50% (Michigan: 6.625%).
Loans in MI
210
of 348 applications
Denial rate
5.3%
Purchase · MI 7.8%
Rate spread
+0.02 pts
Conv. · MI +0.23 pts
Loan amount
$185,000
Purchase · MI $245,000
By loan purpose
| Purpose | Applications | Loans | Denial rate | 30-yr rate* | Rate spread* | Loan costs* | Median loan |
|---|---|---|---|---|---|---|---|
| Home purchase | 226 | 159 | 5.3% | 6.500% | +0.02 pts | $3,180 | $185,000 |
| Refinance | 87 | 31 | 23.0% | 6.500% | −0.07 pts | $2,920 | $175,000 |
| Cash-out refinance | 35 | 20 | 20.0% | — | +0.22 pts | $2,880 | $105,000 |
*Conventional loans only; medians with at least 20 loans.
Michigan counties where Community Financial Credit Union ranks in the top 25
| County | Rank | Loans | Market share |
|---|---|---|---|
| Montmorency County | 1 | 19 | 13.1% |
| Oscoda County | 3 | 7 | 7.6% |
| Otsego County | 4 | 25 | 7.8% |
| Emmet County | 4 | 20 | 5.8% |
| Presque Isle County | 5 | 3 | 3.5% |
| Charlevoix County | 14 | 3 | 1.3% |
| Crawford County | 15 | 3 | 1.7% |
| Alpena County | 17 | 2 | 0.9% |
Source: FFIEC/CFPB HMDA 2025 public LAR. Statistical profile, not a review or offer. Methodology