Frankenmuth Credit Union mortgage approval rate & lending review
Frankenmuth Credit Union decided 1,229 mortgage applications and funded 1,202 loans across the 616 counties Fat Boy Data covers, 2023–2025.
These are the decisions Frankenmuth Credit Union reported under the Home Mortgage Disclosure Act, not its advertised interest rates.
Frankenmuth Credit Union at a glance
Approval is 17.3 points above the 80.6% national rate for the same mix of loan types.
Approval rates by loan type
| Loan type | Approval | Approved | Taken up | Typical loan | Loans made |
|---|---|---|---|---|---|
| Mortgage lenders | 99% | 753 / 762 | 100% | $175K | 752 |
| Home improvement loans | 96% | 219 / 228 | 100% | $55K | 219 |
| Cash-out refinance | 95% | 80 / 84 | 100% | $95K | 80 |
| Refinance | 98% | 39 / 40 | 100% | $105K | 39 |
| Investment property purchase | 98% | 65 / 66 | 100% | $115K | 65 |
| Investment cash-out refinance | 97% | 33 / 34 | 100% | $75K | 33 |
Frankenmuth Credit Union lending by state
| State | Approval | Typical loan | Decided | Loans made |
|---|---|---|---|---|
| Michigan | 98% | $175K | 1,227 | 1,200 |
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 Frankenmuth Credit Union lends most
| County | Loan type | Approval | Decided | Loans made |
|---|---|---|---|---|
| Saginaw County, MI | Mortgage lenders | 99% | 480 | 473 |
| Saginaw County, MI | Home improvement loans | 96% | 135 | 130 |
| Bay County, MI | Mortgage lenders | 98% | 130 | 128 |
| Genesee County, MI | Mortgage lenders | 99% | 102 | 101 |
| Saginaw County, MI | Cash-out refinance | 93% | 55 | 51 |
| Bay County, MI | Home improvement loans | 98% | 43 | 42 |
| Genesee County, MI | Home improvement loans | 97% | 35 | 34 |
| Saginaw County, MI | Investment property purchase | 97% | 34 | 33 |
The county markets where Frankenmuth Credit Union made the most loans. Each link opens that market with every lender ranked.
Questions about Frankenmuth Credit Union
What is Frankenmuth Credit Union's mortgage approval rate?
Frankenmuth Credit Union approved 97.9% of the 1,229 mortgage applications it decided across the 616 counties Fat Boy Data covers, 2023–2025, 17.3 points above the 80.6% national rate for the same mix of loan types.
How often do borrowers take the loan Frankenmuth Credit Union offers?
Borrowers accepted 100% of the loans Frankenmuth Credit Union approved, against 96% for all home purchase mortgage lenders nationally. A low take-up usually means the approved terms were not competitive.
What size loans does Frankenmuth Credit Union make?
The typical home purchase mortgage loan Frankenmuth Credit Union made was $175K; across all loan types its typical loan ran from $55K to $175K. HMDA reports amounts in $10,000 brackets, so these are midpoints.
Where does Frankenmuth Credit Union lend?
Frankenmuth Credit Union decided applications in 2 of the states Fat Boy Data covers, most of them in Michigan and Florida.
Can I apply to Frankenmuth Credit Union directly?
Yes. Frankenmuth Credit Union is a bank or credit union with 33 branches in the FDIC and NCUA registries, and it takes mortgage applications directly.
Does this page show Frankenmuth Credit Union'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 Frankenmuth Credit Union treats applications, then get a rate quote from the lender.