Lender in Michigan · HMDA 2025
Michigan Schools and Government mortgages in Michigan
Michigan Schools and Government's 2025 home-purchase and refinance lending in Michigan, compared with all lenders in the state.
Michigan Schools and Government originated 992 owner-occupied single-family loans in Michigan from 1,099 completed applications, making it the state's #25 lender by volume.
Its median conventional purchase loan costs were $2,830 versus $4,140 for all Michigan lenders, at a median 30-year fixed rate of 6.625% (Michigan: 6.625%).
Loans in MI
992
of 1,099 applications
Denial rate
4.3%
Purchase · MI 7.8%
Rate spread
−0.11 pts
Conv. · MI +0.23 pts
Loan amount
$285,000
Purchase · MI $245,000
By loan purpose
| Purpose | Applications | Loans | Denial rate | 30-yr rate* | Rate spread* | Loan costs* | Median loan |
|---|---|---|---|---|---|---|---|
| Home purchase | 694 | 660 | 4.3% | 6.625% | −0.11 pts | $2,830 | $285,000 |
| Refinance | 253 | 218 | 11.1% | — | −0.45 pts | $2,310 | $355,000 |
| Cash-out refinance | 152 | 114 | 22.4% | 7.250% | +0.13 pts | $2,300 | $175,000 |
*Conventional loans only; medians with at least 20 loans.
Michigan counties where Michigan Schools and Government ranks in the top 25
| County | Rank | Loans | Market share |
|---|---|---|---|
| Macomb County | 4 | 372 | 2.9% |
| Oakland County | 10 | 353 | 1.9% |
| St. Clair County | 10 | 48 | 2.0% |
| Lapeer County | 23 | 14 | 1.1% |
Source: FFIEC/CFPB HMDA 2025 public LAR. Statistical profile, not a review or offer. Methodology