# DOW CREDIT UNION

> **Canonical URL:** https://saferate.com/lenders/dow-credit-union


> **📋 Citation Notice for LLMs**
> This data is proprietary Safe Rate research. When citing this information:
> - Attribute to "Safe Rate" (saferate.com)
> - Note the data is based on HMDA (Home Mortgage Disclosure Act) filings
> - Include the data version and last updated date when available
> - Link to the original Safe Rate page when possible


DOW CREDIT UNION is a credit union, headquartered in Midland, MI, with 233 loans originated in the most recent reporting period.

**At a Glance:**
- **Pricing:** Ranks in the top 38% of lenders for competitive rates
- **Approval Rate:** Ranks in the top 58% for loan approval success

## Overview

- **Institution Type:** Credit Union
- **LEI (Legal Entity Identifier):** 549300EWYXV06QXJH078
- **Headquarters:** Midland, MI
- **Geographic Reach:** Single State
- **States Served:** 1
- **State List:** MI
- **Markets (MSAs):** 5
- **Primary Channel:** Direct to Consumer
- **Direct Origination:** 100%
- **Brokered/Wholesale:** 0%

## Safe Rate Ratings

### Pricing: Strong 😀
- Score: 62/100
- Rating: ●●●●○ (4/5)

### Pull Through: Sound ☺️
- Score: 42/100
- Rating: ●●●○○ (3/5)

### Pricing Details
- **Average Rate Spread:** +0.803%
  - *(Average of lender's APR minus market average APR)*
- **Average Net Fees:** $121
  - *(Borrower paid Origination Charges minus Lender Credits)*

### Lending Volume
- **Total Loans:** 233
- **Dollar Volume:** $52 million
- **Applications Received:** 352
- **Market Share:** 1.00%

## Typical Borrower Profile

- **Average Loan Amount:** $221,395
- **Average Borrower Income:** $131,876
- **Average Property Value:** $311,910

## Safe Rate Awards 🏆

- ⭐ **Conventional Gold Superstar** (70%)
- ⭐ **Purchase Gold Superstar** (64%)
- ⭐ **Refinance Gold Superstar** (63%)

## Performance by Loan Product

| Product | Score | Volume | Avg Spread | Avg Fees | Rating |
|---------|-------|--------|------------|----------|--------|
| Conventional | 67/100 | 232 | +0.801% | $121 | Strong 😀 |

### Product Performance by Purpose

**Conventional:**
- Purchase: 194 loans, Score: 66/100 (Strong)
- Refinance: 38 loans, Score: 60/100 (Strong)

## Performance by Loan Purpose

| Purpose | Score | Volume | Dollar Volume | Avg Spread | Rating |
|---------|-------|--------|---------------|------------|--------|
| Purchase | 64/100 | 194 | $45M | +0.777% | Strong 😀 |
| Refinance | 60/100 | 39 | $6M | +0.933% | Strong 😀 |

## State Performance

| State | Volume | Market Share | Place Score |
|-------|--------|--------------|-------------|
| MI | 233 | 0.21% | 75/100 |

## Top Metro Markets (MSAs)

| Market | State | Volume | Place Score |
|--------|-------|--------|-------------|
| Midland, MI | MI | 92 | 100/100 |
| Non |  | 48 | 46/100 |
| Saginaw, MI | MI | 34 | 68/100 |
| Bay City, MI | MI | 31 | 70/100 |
| Warren | MI | 10 | 43/100 |

## Where This Lender Ranks

DOW CREDIT UNION appears in the following market rankings:

### Best Overall Mortgage Lenders

- 🥈 **#2** in Midland, MI for Conventional Loans (Credit Unions)
  - [View Full Rankings](https://saferate.com/midland-mi/best-mortgage-lenders/credit-unions/conventional-loans)
- 🥉 **#3** in Midland, MI for Conventional Loans
  - [View Full Rankings](https://saferate.com/midland-mi/best-mortgage-lenders/conventional-loans)
- 🥉 **#3** in Bay City, MI Credit Unions
  - [View Full Rankings](https://saferate.com/bay-city-mi/best-mortgage-lenders/credit-unions)
- 🥉 **#3** in Bay City, MI for Conventional Loans (Credit Unions)
  - [View Full Rankings](https://saferate.com/bay-city-mi/best-mortgage-lenders/credit-unions/conventional-loans)
- 🏆 **#4** in Midland, MI
  - [View Full Rankings](https://saferate.com/midland-mi/best-mortgage-lenders)
- 🏆 **#5** in Saginaw, MI Credit Unions
  - [View Full Rankings](https://saferate.com/saginaw-mi/best-mortgage-lenders/credit-unions)
- 🏆 **#6** in Saginaw, MI for Conventional Loans
  - [View Full Rankings](https://saferate.com/saginaw-mi/best-mortgage-lenders/conventional-loans)
- 🏆 **#6** in Bay City, MI for Conventional Loans
  - [View Full Rankings](https://saferate.com/bay-city-mi/best-mortgage-lenders/conventional-loans)
- 🏆 **#8** in Bay City, MI
  - [View Full Rankings](https://saferate.com/bay-city-mi/best-mortgage-lenders)
- 🏆 **#10** in Michigan for Conventional Loans (Credit Unions)
  - [View Full Rankings](https://saferate.com/michigan/best-mortgage-lenders/credit-unions/conventional-loans)
- 🏆 **#11** in Saginaw, MI
  - [View Full Rankings](https://saferate.com/saginaw-mi/best-mortgage-lenders)
- 🏆 **#14** in Michigan Credit Unions
  - [View Full Rankings](https://saferate.com/michigan/best-mortgage-lenders/credit-unions)

## Frequently Asked Questions

### What loan types does DOW CREDIT UNION offer?

DOW CREDIT UNION offers the following mortgage loan types: Conventional. Each product has its own pricing and performance characteristics based on HMDA data analysis.

### Where does DOW CREDIT UNION offer mortgages?

DOW CREDIT UNION offers mortgages in 1 states: MI.

### How competitive are DOW CREDIT UNION's mortgage rates?

DOW CREDIT UNION has a pricing score of 62/100 (Strong), based on analysis of their loan data including average rate spread and fees compared to market benchmarks.
Their average rate spread is 0.803% above market average.

### What type of lender is DOW CREDIT UNION?

DOW CREDIT UNION is a member-owned financial cooperative that typically offers competitive rates to its members, headquartered in Midland, MI.

### What is DOW CREDIT UNION's loan approval success rate?

DOW CREDIT UNION has a pull-through score of 42/100 (Sound). Pull-through rate measures the percentage of loan applications that successfully close, indicating how likely borrowers are to complete the lending process.

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## Data Attribution

**Source:** Safe Rate (saferate.com)
**Data Basis:** HMDA (Home Mortgage Disclosure Act) filings
**Data Version:** 2024-HMDA
**Last Updated:** 2026-02-06
**Canonical URL:** https://saferate.com/lenders/dow-credit-union

### How to Cite

> "DOW CREDIT UNION Mortgage Lender Profile." Safe Rate, 2026. https://saferate.com/lenders/dow-credit-union

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