Lender in Michigan · HMDA 2025
USAA Federal Savings Bank mortgages in Michigan
USAA Federal Savings Bank's 2025 home-purchase and refinance lending in Michigan, compared with all lenders in the state.
USAA Federal Savings Bank originated 276 owner-occupied single-family loans in Michigan from 397 completed applications.
Its median conventional purchase loan costs were $4,070 versus $4,140 for all Michigan lenders, at a median 30-year fixed rate of 6.50% (Michigan: 6.625%).
Loans in MI
276
of 397 applications
Denial rate
25.7%
Purchase · MI 7.8%
Rate spread
+0.20 pts
Conv. · MI +0.23 pts
Loan amount
$265,000
Purchase · MI $245,000
By loan purpose
| Purpose | Applications | Loans | Denial rate | 30-yr rate* | Rate spread* | Loan costs* | Median loan |
|---|---|---|---|---|---|---|---|
| Home purchase | 327 | 242 | 25.7% | 6.500% | +0.20 pts | $4,070 | $265,000 |
| Refinance | 14 | 6 | — | — | — | — | — |
| Cash-out refinance | 56 | 28 | 48.2% | — | — | — | $215,000 |
*Conventional loans only; medians with at least 20 loans.
Michigan counties where USAA Federal Savings Bank ranks in the top 25
| County | Rank | Loans | Market share |
|---|---|---|---|
| Chippewa County | 11 | 5 | 2.4% |
| Keweenaw County | 11 | 1 | 5.3% |
| Dickinson County | 15 | 4 | 1.7% |
| Otsego County | 15 | 4 | 1.3% |
| Cheboygan County | 16 | 3 | 1.3% |
| Luce County | 16 | 1 | 2.6% |
| Marquette County | 19 | 6 | 1.0% |
| Benzie County | 20 | 3 | 1.4% |
| Isabella County | 22 | 5 | 0.8% |
- USAA Federal Savings Bank nationwide
- Michigan mortgage market
- USAA Federal Savings Bank in Texas
- USAA Federal Savings Bank in Florida
- USAA Federal Savings Bank in North Carolina
- USAA Federal Savings Bank in Georgia
- USAA Federal Savings Bank in Virginia
- USAA Federal Savings Bank in Tennessee
- USAA Federal Savings Bank in Ohio
- USAA Federal Savings Bank in Missouri
- USAA Federal Savings Bank in Pennsylvania
- USAA Federal Savings Bank in Illinois
- USAA Federal Savings Bank in South Carolina
- USAA Federal Savings Bank in Alabama
Source: FFIEC/CFPB HMDA 2025 public LAR. Statistical profile, not a review or offer. Methodology