Diversified Members mortgage approval rate & lending review
Diversified Members decided 527 mortgage applications and funded 246 loans across the 616 counties Fat Boy Data covers, 2023–2025.
These are the decisions Diversified Members reported under the Home Mortgage Disclosure Act, not its advertised interest rates.
Diversified Members at a glance
Approval is 17.7 points below the 66.6% national rate for the same mix of loan types.
Approval rates by loan type
| Loan type | Approval | Approved | Taken up | Typical loan | Loans made |
|---|---|---|---|---|---|
| Home improvement loans | 60% | 99 / 165 | 96% | $55K | 95 |
| Cash-out refinance | 43% | 152 / 353 | 95% | $55K | 145 |
Diversified Members lending by state
| State | Approval | Typical loan | Decided | Loans made |
|---|---|---|---|---|
| Michigan | 49% | $55K | 527 | 246 |
Fat Boy Data covers 616 counties, 79.6% of the US population, not every county in every state. States with fewer than 20 decisions are not listed.Methodology.
Where Diversified Members lends most
| County | Loan type | Approval | Decided | Loans made |
|---|---|---|---|---|
| Wayne County, MI | Cash-out refinance | 37% | 217 | 77 |
| Wayne County, MI | Home improvement loans | 53% | 108 | 53 |
| Oakland County, MI | Cash-out refinance | 52% | 71 | 33 |
| Oakland County, MI | Home improvement loans | 77% | 35 | 27 |
| Macomb County, MI | Cash-out refinance | 55% | 47 | 26 |
The county markets where Diversified Members made the most loans. Each link opens that market with every lender ranked.
Questions about Diversified Members
What is Diversified Members's mortgage approval rate?
Diversified Members approved 49.0% of the 527 mortgage applications it decided across the 616 counties Fat Boy Data covers, 2023–2025, 17.7 points below the 66.6% national rate for the same mix of loan types.
How often do borrowers take the loan Diversified Members offers?
Borrowers accepted 95% of the loans Diversified Members approved, against 94% for all cash-out refinance lenders nationally. A low take-up usually means the approved terms were not competitive.
What size loans does Diversified Members make?
The typical cash-out refinance loan Diversified Members made was $55K; across all loan types its typical loan ran from $55K to $55K. HMDA reports amounts in $10,000 brackets, so these are midpoints.
Where does Diversified Members lend?
Diversified Members decided applications in 1 of the states Fat Boy Data covers, most of them in Michigan.
Can I apply to Diversified Members directly?
Yes. Diversified Members is a bank or credit union with 4 branches in the FDIC and NCUA registries, and it takes mortgage applications directly.
Does this page show Diversified Members's interest rates?
No. HMDA filings record who applied, who was approved and how much was borrowed, not the rate offered. Use the approval rate and take-up here to judge how Diversified Members treats applications, then get a rate quote from the lender.