MICHIGAN STATE UNIVERSITY Federal Credit Union mortgage approval rate & lending review
MICHIGAN STATE UNIVERSITY Federal Credit Union decided 4,523 mortgage applications and funded 3,779 loans across the 616 counties Fat Boy Data covers, 2023–2025.
These are the decisions MICHIGAN STATE UNIVERSITY Federal Credit Union reported under the Home Mortgage Disclosure Act, not its advertised interest rates.
MICHIGAN STATE UNIVERSITY Federal Credit Union at a glance
Approval is 12.6 points above the 76.6% 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 | 98% | 1,999 / 2,049 | 98% | $205K | 1,964 |
| Home improvement loans | 90% | 1,167 / 1,294 | 92% | $65K | 1,069 |
| Cash-out refinance | 71% | 443 / 624 | 83% | $125K | 366 |
| Refinance | 80% | 207 / 258 | 86% | $135K | 177 |
| Investment property purchase | 94% | 157 / 167 | 99% | $145K | 156 |
| Investment cash-out refinance | 44% | 35 / 79 | 74% | $95K | 26 |
| Investment home improvement | 40% | 14 / 35 | 93% | $75K | 13 |
MICHIGAN STATE UNIVERSITY Federal Credit Union lending by state
| State | Approval | Typical loan | Decided | Loans made |
|---|---|---|---|---|
| Michigan | 89% | $205K | 4,177 | 3,481 |
| Illinois | 88% | $335K | 109 | 87 |
| Florida | 85% | $275K | 66 | 52 |
| Ohio | 93% | $285K | 29 | 27 |
| Indiana | 100% | $235K | 25 | 24 |
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 MICHIGAN STATE UNIVERSITY Federal Credit Union lends most
| County | Loan type | Approval | Decided | Loans made |
|---|---|---|---|---|
| Ingham County, MI | Mortgage lenders | 97% | 777 | 743 |
| Ingham County, MI | Home improvement loans | 90% | 440 | 356 |
| Oakland County, MI | Mortgage lenders | 97% | 255 | 246 |
| Eaton County, MI | Mortgage lenders | 96% | 257 | 244 |
| Oakland County, MI | Home improvement loans | 93% | 279 | 241 |
| Eaton County, MI | Home improvement loans | 89% | 182 | 147 |
| Ingham County, MI | Cash-out refinance | 72% | 232 | 141 |
| Kent County, MI | Mortgage lenders | 98% | 100 | 96 |
| Ingham County, MI | Refinance | 83% | 94 | 67 |
| Eaton County, MI | Cash-out refinance | 69% | 117 | 66 |
| Livingston County, MI | Home improvement loans | 95% | 63 | 56 |
| Ingham County, MI | Investment property purchase | 98% | 55 | 53 |
The county markets where MICHIGAN STATE UNIVERSITY Federal Credit Union made the most loans. Each link opens that market with every lender ranked.
Questions about MICHIGAN STATE UNIVERSITY Federal Credit Union
What is MICHIGAN STATE UNIVERSITY Federal Credit Union's mortgage approval rate?
MICHIGAN STATE UNIVERSITY Federal Credit Union approved 89.2% of the 4,523 mortgage applications it decided across the 616 counties Fat Boy Data covers, 2023–2025, 12.6 points above the 76.6% national rate for the same mix of loan types.
How often do borrowers take the loan MICHIGAN STATE UNIVERSITY Federal Credit Union offers?
Borrowers accepted 94% of the loans MICHIGAN STATE UNIVERSITY Federal 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 MICHIGAN STATE UNIVERSITY Federal Credit Union make?
The typical home purchase mortgage loan MICHIGAN STATE UNIVERSITY Federal Credit Union made was $205K; across all loan types its typical loan ran from $65K to $205K. HMDA reports amounts in $10,000 brackets, so these are midpoints.
Where does MICHIGAN STATE UNIVERSITY Federal Credit Union lend?
MICHIGAN STATE UNIVERSITY Federal Credit Union decided applications in 20 of the states Fat Boy Data covers, most of them in Michigan, Illinois and Florida.
Can I apply to MICHIGAN STATE UNIVERSITY Federal Credit Union directly?
Yes. MICHIGAN STATE UNIVERSITY Federal Credit Union is a bank or credit union with 38 branches in the FDIC and NCUA registries, and it takes mortgage applications directly.
Does this page show MICHIGAN STATE UNIVERSITY Federal 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 MICHIGAN STATE UNIVERSITY Federal Credit Union treats applications, then get a rate quote from the lender.