Lenders › OMNI Community Credit Union › Michigan
OMNI Community Credit Union in Michigan
HMDA record for properties in Michigan, calendar year 2024. National record · Michigan overview
HMDA data alone cannot be used to determine whether a lender is complying with fair lending laws. The data do not include some legitimate credit risk considerations for loan approval and loan pricing decisions. Cells under 25 applications are withheld.
In Michigan, OMNI Community Credit Union reported 612 applications and 294 originations for 2024, $27m in all.
Its denial rate in the state was 35.0%, above the Michigan rate of 23.9% across all lenders and compared with the lender's national rate of 34.9%.
The median rate spread on its Michigan originations was 0.7 percentage points (state median 0.5).
Applications in the state were about level with 2023.
Compared with the state and the lender's national record
| Measure | In Michigan | Michigan, all lenders | OMNI Community Credit Union, all states | United States |
|---|---|---|---|---|
| Denial rate | 35.0% | 23.9% | 34.9% | 24.3% |
| Median rate spread, pp | 0.7 | 0.5 | 0.7 | 0.3 |
| Originations with spread of 1.5 pp or more | 18.7% | 18.4% | 18.3% | 15.6% |
| Average originated loan | $92k | $212k | $93k | $329k |
| Home purchase share | 24.8% | 51.2% | 25.7% | 57.0% |
| FHA-insured share | 0.0% | 10.0% | 0.0% | 13.4% |
| VA-guaranteed share | 0.0% | 4.5% | 0.0% | 7.9% |
Trend by year
ApplicationsOriginations
This lender in stateMichigan, all lenders
Loan purpose and loan type in Michigan
By purpose
Home purchase 25% (73)Home improvement 18% (54)Refinancing 4% (12)Cash-out refinancing 17% (50)Other purpose 36% (105)
By type
Conventional 99% (291)USDA 1% (3)
Denial reasons as coded
Share of 183 denials in Michigan by first denial reason coded (outlined bar: all lenders in the state).
Counties in Michigan
| County | Applications | Originations | Amount | Denial rate |
|---|---|---|---|---|
| St. Joseph County | 212 | 109 | $9.9m | 32.0% |
| Calhoun County | 232 | 101 | $8.3m | 37.7% |
| Kalamazoo County | 71 | 39 | $4.3m | 27.0% |
Counties with at least 25 applications, by originations.
Questions and answers
How many mortgages did OMNI Community Credit Union originate in Michigan in 2024?
294 loans totalling $27m, from 612 applications reported for properties in Michigan.
What is OMNI Community Credit Union's denial rate in Michigan?
35.0% of decided applications in Michigan were denied, against 23.9% for all lenders in the state and 34.9% for this lender nationally. HMDA data alone cannot be used to determine whether a lender is complying with fair lending laws.
Which Michigan counties does OMNI Community Credit Union lend in most?
By originations: St. Joseph County (109), Calhoun County (101), Kalamazoo County (39).
Where does this data come from?
From the 2024 public HMDA loan/application register (FFIEC and CFPB), filtered to the lender's LEI and the property state. Cells under 25 applications are withheld.
Provenance
Source: HMDA public loan/application register 2022, 2023, 2024 (FFIEC and CFPB, public domain), records for this LEI with a property in Michigan. Built 30 Sep 2026; data through 1 Aug 2026. See methodology and corrections.