Lender in Michigan · HMDA 2025
Michigan First Credit Union mortgages in Michigan
Michigan First Credit Union's 2025 home-purchase and refinance lending in Michigan, compared with all lenders in the state.
Michigan First Credit Union originated 789 owner-occupied single-family loans in Michigan from 979 completed applications.
Its median conventional purchase loan costs were $3,950 versus $4,140 for all Michigan lenders, at a median 30-year fixed rate of 6.625% (Michigan: 6.625%).
Loans in MI
789
of 979 applications
Denial rate
14.2%
Purchase · MI 7.8%
Rate spread
+0.18 pts
Conv. · MI +0.23 pts
Loan amount
$215,000
Purchase · MI $245,000
By loan purpose
| Purpose | Applications | Loans | Denial rate | 30-yr rate* | Rate spread* | Loan costs* | Median loan |
|---|---|---|---|---|---|---|---|
| Home purchase | 690 | 589 | 14.2% | 6.625% | +0.18 pts | $3,950 | $215,000 |
| Refinance | 88 | 70 | 20.4% | 6.500% | +0.26 pts | $3,370 | $305,000 |
| Cash-out refinance | 201 | 130 | 34.8% | 6.750% | +0.99 pts | $3,540 | $155,000 |
*Conventional loans only; medians with at least 20 loans.
Michigan counties where Michigan First Credit Union ranks in the top 25
| County | Rank | Loans | Market share |
|---|---|---|---|
| Wayne County | 15 | 283 | 1.5% |
| Alger County | 17 | 1 | 2.1% |
| Oakland County | 22 | 165 | 0.9% |
| Livingston County | 24 | 24 | 0.8% |
Source: FFIEC/CFPB HMDA 2025 public LAR. Statistical profile, not a review or offer. Methodology