Lender in Michigan · HMDA 2025
Michigan State University Federal Credit Union mortgages in Michigan
Michigan State University Federal Credit Union's 2025 home-purchase and refinance lending in Michigan, compared with all lenders in the state.
Michigan State University Federal Credit Union originated 864 owner-occupied single-family loans in Michigan from 1,033 completed applications.
Its median conventional purchase loan costs were $3,820 versus $4,140 for all Michigan lenders, at a median 30-year fixed rate of 6.625% (Michigan: 6.625%).
Loans in MI
864
of 1,033 applications
Denial rate
1.2%
Purchase · MI 7.8%
Rate spread
+0.13 pts
Conv. · MI +0.23 pts
Loan amount
$235,000
Purchase · MI $245,000
By loan purpose
| Purpose | Applications | Loans | Denial rate | 30-yr rate* | Rate spread* | Loan costs* | Median loan |
|---|---|---|---|---|---|---|---|
| Home purchase | 692 | 679 | 1.2% | 6.625% | +0.13 pts | $3,820 | $235,000 |
| Refinance | 88 | 50 | 21.6% | 6.625% | −0.03 pts | $3,040 | $195,000 |
| Cash-out refinance | 253 | 135 | 33.6% | 6.625% | +0.12 pts | $3,210 | $185,000 |
*Conventional loans only; medians with at least 20 loans.
Michigan counties where Michigan State University Federal Credit Union ranks in the top 25
| County | Rank | Loans | Market share |
|---|---|---|---|
| Clinton County | 4 | 89 | 7.8% |
| Ingham County | 5 | 262 | 7.9% |
| Eaton County | 5 | 102 | 6.6% |
| Leelanau County | 10 | 6 | 2.6% |
| Roscommon County | 11 | 7 | 1.9% |
| Mackinac County | 13 | 1 | 1.8% |
| Grand Traverse County | 15 | 18 | 1.5% |
| Shiawassee County | 15 | 16 | 1.5% |
| Manistee County | 15 | 4 | 1.5% |
| Benzie County | 16 | 3 | 1.4% |
| Cheboygan County | 18 | 2 | 0.9% |
| Crawford County | 18 | 2 | 1.1% |
| Ionia County | 19 | 12 | 1.4% |
| Gratiot County | 20 | 6 | 1.4% |
| Kalkaska County | 20 | 2 | 0.9% |
| Marquette County | 22 | 5 | 0.8% |
| Alcona County | 22 | 1 | 0.8% |
| Gladwin County | 23 | 3 | 0.9% |
Source: FFIEC/CFPB HMDA 2025 public LAR. Statistical profile, not a review or offer. Methodology