Michigan Schools and Government: 2025 mortgage rates, costs & approvals
How Michigan Schools and Government priced and approved home loans in 2025, measured against every lender in the official HMDA records.
HMDA legal name: MICHIGAN SCHOOLS AND GOVERNMENT · LEI 549300WWLOUWIJ1Q0H29
In 2025, Michigan Schools and Government originated 997 home-purchase, refinance and cash-out loans on owner-occupied single-family homes in 2 states — 462nd by volume among the 2,017 lenders profiled here.
On conventional 30-year fixed purchase loans its median rate was 6.625% (all lenders: 6.625%); its median rate spread was 24 basis points below the national median. Median conventional loan costs were $2,830, 49% lower than the national median ($5,570).
It denied 4.3% of completed home-purchase applications (all lenders: 8.5%).
How Michigan Schools and Government priced home-purchase loans
| Purchase loans, 2025 | Michigan Schools and Government | All lenders |
|---|---|---|
| 30-year fixed rate · conventional | 6.625% | 6.625% |
| 30-year fixed rate · FHA | — | 6.250% |
| 30-year fixed rate · VA | — | 6.125% |
| 15-year fixed rate · conventional | — | 5.875% |
| Rate spread vs. APOR · conventional | −0.11 pts | +0.13 pts |
| Total loan costs · conventional | $2,830 | $5,570 |
| Total loan costs · FHA | $7,690 | $11,310 |
| Total loan costs · VA | — | $6,490 |
| Origination charges (all types) | $740 | $1,860 |
| Borrowers paying discount points | 51.1% | 51.3% |
| Points paid, when paid (% of loan) | 0.11% | 0.87% |
| Borrowers receiving lender credits | 33.2% | 33.1% |
Medians shown with at least 20 loans. A lender's numbers reflect its borrowers (credit, down payment, loan size, location) as well as its pricing; HMDA has no credit scores. Rate spread = APR minus the average prime offer rate on the lock date, which removes most of the effect of when the rate was locked.
Loan mix and borrowers
By loan type
By purpose
Why Michigan Schools and Government denied purchase applications
First reason the lender reported for each denied home-purchase application.
Where Michigan Schools and Government lends
Counties where Michigan Schools and Government is a top lender
| County | Rank | Loans | Market share |
|---|---|---|---|
| Macomb County, MI | 4 | 372 | 2.9% |
| St. Clair County, MI | 10 | 48 | 2.0% |
| Oakland County, MI | 10 | 353 | 1.9% |
| Lapeer County, MI | 23 | 14 | 1.1% |
Check Michigan Schools and Government yourself
- FFIEC HMDA Data Browser — the official 2025 records filed under LEI 549300WWLOUWIJ1Q0H29.
- NMLS Consumer Access — confirm the company and loan officer are licensed in your state.
- CFPB Consumer Complaint Database — search complaints by company name.
- Compare your Loan Estimate from Michigan Schools and Government with similar 2025 loans.
This is a statistical profile, not a review or recommendation. HMDA data alone cannot show whether a lender complies with fair-lending laws, and a lender's medians depend on the borrowers it serves.
Lenders of similar size
Source: FFIEC/CFPB HMDA 2025 public LAR and filer list. Core segment: owner-occupied, single-family site-built, first-lien, closed-end purchase and refinance loans. Methodology