Michigan State University Federal Credit Union
Mortgage Loan Application
Totals and Details
for 2022

Find mortgage loan statistics, lending data, and loan application totals for Michigan.
The mortgage statistics and data below are specific to mortgage loan applications for Michigan State University Federal Credit Union.
Search for mortgage lenders by state, county, or metropolitan area
and explore the loan application details and stats broken down by several loan categories from 2003-2022.

Mortgage Company & Address Michigan State University Federal Credit Union
3777 West Road
East Lansing, MI 48823
Tel #: available with data download
Federal Regulator * available with data download
Years 2022  2021  2020  2019  2018  2017  2016  2015  2014  2013  2012  2011  2010  2009  2008  2007  2006  2005  2004  2003  
Total Number of Mortgage Applications 10,016
Total Mortgage Loan Application Amount $1,743,180,000
Average Mortgage Loan Application Amount $236,000
Highest Mortgage Loan Application Amount $15,005,000
Average Applicant Income $106,000
Highest Applicant Income $3,525,000

Overall mortgage application loan totals and averages for this lender are provided for each year by county, metro area, and the entire US.
The loan data is broken down by loan purpose, loan type, applicant race, application outcome, and denial reason. With this information, you can get a detailed view of locations where the mortgage lender is actively processing applications as well as the types and outcomes of loans from these applications.
As you search for mortgage loan stats and lending data in MI, the totals and averages will help you understand where the lender does business as well as the volume of business they do.

Mortgage Loan Application Totals for Michigan State University Federal Credit Union by Metropolitan Area in 2022

Metro Area Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Application Amount Average Applicant Income
LANSING-EAST LANSING, MI 3,269 $ 408,845,000 $ 125,000 $ 107,000
WARREN-TROY-FARMINGTON HILLS, MI 1,102 $ 165,130,000 $ 149,000 $ 141,000
NA (OUTSIDE OF MSA/MD) 690 $ 125,610,000 $ 197,666 $ 126,272
GRAND RAPIDS-WYOMING, MI 326 $ 58,600,000 $ 179,000 $ 128,000
DETROIT-DEARBORN-LIVONIA, MI 225 $ 26,885,000 $ 119,000 $ 128,000
ANN ARBOR, MI 93 $ 19,425,000 $ 208,000 $ 151,000
FLINT, MI 84 $ 11,990,000 $ 142,000 $ 106,000
JACKSON, MI 75 $ 8,845,000 $ 117,000 $ 121,000
KALAMAZOO-PORTAGE, MI 58 $ 11,290,000 $ 194,000 $ 125,000
BATTLE CREEK, MI 52 $ 10,340,000 $ 198,000 $ 115,000
MUSKEGON, MI 32 $ 3,450,000 $ 107,000 $ 115,000
SAGINAW, MI 32 $ 4,660,000 $ 145,000 $ 131,000
CHICAGO-NAPERVILLE, IL 19 $ 5,665,000 $ 298,000 $ 154,000
NILES-BENTON HARBOR, MI 17 $ 2,125,000 $ 125,000 $ 140,000
ATLANTA-SANDY SPRINGS-ROSWELL, GA 13 $ 4,035,000 $ 310,000 $ 172,000
BAY CITY, MI 13 $ 1,585,000 $ 121,000 $ 117,000
DENVER-AURORA-LAKEWOOD, CO 13 $ 5,305,000 $ 408,000 $ 293,000
MIDLAND, MI 12 $ 2,740,000 $ 228,000 $ 158,000
MONROE, MI 12 $ 1,060,000 $ 88,000 $ 98,000
PHOENIX-MESA-SCOTTSDALE, AZ 12 $ 2,770,000 $ 230,000 $ 170,000
SOUTH BEND-MISHAWAKA, IN-MI 9 $ 1,615,000 $ 180,000 $ 105,000
TAMPA-ST. PETERSBURG-CLEARWATER, FL 9 $ 1,545,000 $ 171,000 $ 141,000
CHARLOTTE-CONCORD-GASTONIA, NC-SC 6 $ 2,000,000 $ 430,000 $ 174,000
TOLEDO, OH 6 $ 1,370,000 $ 228,000 $ 158,000
WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV 6 $ 3,340,000 $ 376,000 $ 253,000
CAPE CORAL-FORT MYERS, FL 5 $ 1,495,000 $ 299,000 $ 217,000
SEATTLE-BELLEVUE-EVERETT, WA 5 $ 1,525,000 $ 305,000 $ 142,000
MIAMI-MIAMI BEACH-KENDALL, FL 4 $ 2,920,000 $ 730,000 $ 245,000
ORLANDO-KISSIMMEE-SANFORD, FL 4 $ 1,650,000 $ 412,000 $ 153,000
PALM BAY-MELBOURNE-TITUSVILLE, FL 4 $ 850,000 $ 212,000 $ 183,000
RALEIGH, NC 4 $ 1,180,000 $ 295,000 $ 147,000
CINCINNATI, OH-KY-IN 3 $ 735,000 $ 245,000 $ 120,000
COLUMBUS, OH 3 $ 825,000 $ 275,000 $ 151,000
FORT LAUDERDALE-POMPANO BEACH-DEERFIELD BEACH, FL 3 $ 485,000 $ 161,000 $ 94,000
LAKE COUNTY-KENOSHA COUNTY, IL-WI 3 $ 745,000 $ 248,000 $ 118,000
NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN 3 $ 775,000 $ 258,000 $ 171,000
PORT ST. LUCIE, FL 3 $ 1,065,000 $ 355,000 $ 141,000
ST. LOUIS, MO-IL 3 $ 485,000 $ 207,500 $ 181,000
AKRON, OH 2 $ 210,000 $ 105,000 $ 127,000
ALLENTOWN-BETHLEHEM-EASTON, PA-NJ 2 $ 890,000 $ 445,000 $ 240,000
CHAMPAIGN-URBANA, IL 2 $ 440,000 $ 220,000 $ 132,000
DALLAS-PLANO-IRVING, TX 2 $ 170,000 $ 85,000 $ 232,000
DELTONA-DAYTONA BEACH-ORMOND BEACH, FL 2 $ 250,000 $ 125,000 $ 52,000
FORT COLLINS, CO 2 $ 1,060,000 $ 530,000 $ 281,000
HOMOSASSA SPRINGS, FL 2 $ 550,000 $ 275,000 $ 198,000
INDIANAPOLIS-CARMEL-ANDERSON, IN 2 $ 350,000 $ 175,000 $ 87,000
MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI 2 $ 200,000 $ 100,000 $ 175,000
NORTH PORT-SARASOTA-BRADENTON, FL 2 $ 770,000 $ 385,000 $ 455,000
PITTSBURGH, PA 2 $ 260,000 $ 130,000 $ 162,000
PORTLAND-VANCOUVER-HILLSBORO, OR-WA 2 $ 730,000 $ 365,000 $ 169,000
SAVANNAH, GA 2 $ 540,000 $ 270,000 $ 105,000
TACOMA-LAKEWOOD, WA 2 $ 880,000 $ 440,000 $ 186,000
THE VILLAGES, FL 2 $ 570,000 $ 285,000 $ 119,000
TUCSON, AZ 2 $ 300,000 $ 150,000 $ 103,000
WINCHESTER, VA-WV 2 $ 710,000 $ 355,000 $ 76,000
YOUNGSTOWN-WARREN-BOARDMAN, OH-PA 2 $ 130,000 $ 65,000 $ 55,000
CAMBRIDGE-NEWTON-FRAMINGHAM, MA 1 $ 255,000 $ 255,000 $ 440,000
CLEVELAND-ELYRIA, OH 1 $ 295,000 $ 295,000 $ 260,000
COLORADO SPRINGS, CO 1 $ 415,000 $ 415,000 $ 135,000
DANVILLE, IL 1 $ 145,000 $ 145,000 $ 137,000
DURHAM-CHAPEL HILL, NC 1 $ 175,000 $ 175,000 $ 64,000
EAU CLAIRE, WI 1 $ 385,000 $ 385,000 $ 183,000
ELGIN, IL 1 $ 15,000 $ 15,000 $ 223,000
ELKHART-GOSHEN, IN 1 $ 55,000 $ 55,000 $ 315,000
EVANSVILLE, IN-KY 1 $ 115,000 $ 115,000 $ 43,000
GAINESVILLE, FL 1 $ 105,000 $ 105,000 $ 68,000
GARY, IN 1 $ 25,000 $ 25,000 $ 65,000
GREENSBORO-HIGH POINT, NC 1 $ 235,000 $ 235,000 $ 83,000
HARRISBURG-CARLISLE, PA 1 $ 225,000 $ 225,000 $ 100,000
HOUSTON-THE WOODLANDS-SUGAR LAND, TX 1 $ 55,000 $ 55,000 $ 70,000
HUNTSVILLE, AL 1 $ 105,000 $ 105,000 $ 136,000
LAFAYETTE-WEST LAFAYETTE, IN 1 $ 225,000 $ 225,000 $ 105,000
LAKELAND-WINTER HAVEN, FL 1 $ 55,000 $ 55,000 $ 72,000
LOUISVILLE/JEFFERSON COUNTY, KY-IN 1 $ 305,000 $ 305,000 $ 103,000
MADISON, WI 1 $ 265,000 $ 265,000 $ 336,000
MEMPHIS, TN-MS-AR 1 $ 75,000 $ 75,000 $ 90,000
MOBILE, AL 1 $ 235,000 $ 235,000 $ 103,000
MONTGOMERY COUNTY-BUCKS COUNTY-CHESTER COUNTY, PA 1 $ 765,000 $ 765,000 $ 457,000
NEWARK, NJ-PA 1 $ 55,000 $ 55,000 $ 131,000
PENSACOLA-FERRY PASS-BRENT, FL 1 $ 185,000 $ 185,000 $ 91,000
PRESCOTT VALLEY-PRESCOTT, AZ 1 $ 435,000 $ 435,000 $ 88,000
RICHMOND, VA 1 $ 385,000 $ 385,000 $ 129,000
RIVERSIDE-SAN BERNARDINO-ONTARIO, CA 1 $ 75,000 $ 75,000 $ 228,000
SEBASTIAN-VERO BEACH, FL 1 $ 265,000 $ 265,000 $ 79,000
TALLAHASSEE, FL 1 $ 115,000 $ 115,000 $ 64,000
VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC 1 $ 295,000 $ 295,000 $ 302,000
WEST PALM BEACH-BOCA RATON-DELRAY BEACH, FL 1 $ 195,000 $ 195,000 $ 102,000
WILMINGTON, DE-MD-NJ 1 $ 45,000 $ 45,000 $ 85,000
WINSTON-SALEM, NC 1 $ 415,000 $ 415,000 $ 135,000

The mortgage data stats below are displayed in sortable categories such as loan purpose, race of mortgage applicant, loan type, the outcome of the application, and reason for denial.
Each category breaks down the total number of mortgage applications, the total dollar amount for those applications, the average mortgage amount, the highest mortgage loan applied for within that category, the average income of the mortgage applicants, and the highest income of the mortgage applicants.
You can also download the entire list of mortgage lenders along with their aggregated lending data for the state of Michigan, and search the same numbers and information back through 2003.

Mortgage Loan Application Detail Totals for Michigan State University Federal Credit Union in 2022

Loan Purpose

Total Number of Mortgage Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Amount Highest Mortgage Loan Amount Average Applicant Income Highest Applicant Income
Home Purchase 5,409 $1,247,085,000 $230,000 $6,795,000 $102,000 $1,596,000
Other Purpose 3,324 $248,830,000 $74,000 $605,000 $124,000 $2,350,000
Cash-out Refinancing 891 $161,445,000 $181,000 $1,755,000 $110,000 $3,525,000
Refinancing 327 $50,715,000 $155,000 $1,495,000 $97,000 $928,000
Home Improvement 65 $35,105,000 $540,000 $15,005,000 $97,000 $217,000
Not Applicable 0 $0 $0 $0 $0 $0

Applicant Race

Total Number of Mortgage Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Amount Highest Mortgage Loan Amount Average Applicant Income Highest Applicant Income
White 7,518 $1,246,320,000 $165,000 $2,305,000 $110,000 $3,525,000
Not Provided 1,063 $186,305,000 $175,000 $1,425,000 $125,000 $2,350,000
Black or African American 654 $107,380,000 $164,000 $1,505,000 $94,000 $657,000
Hispanic 330 $49,130,000 $148,000 $1,425,000 $92,000 $720,000
Asian 222 $50,570,000 $227,000 $1,605,000 $106,000 $547,000
American Indian or Alaskan Native 86 $14,080,000 $163,000 $455,000 $97,000 $456,000
Not applicable 47 $61,615,000 $1,310,000 $15,005,000 $0 $0
Native Hawaiian or Other Pacific Islander 5 $555,000 $111,000 $175,000 $94,000 $194,000

Loan Type

Total Number of Mortgage Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Amount Highest Mortgage Loan Amount Average Applicant Income Highest Applicant Income
Conventional (any loan other than FHA, VA, FSA, or RHS loans) 10,016 $1,743,180,000 $174,000 $15,005,000 $110,000 $3,525,000
FHA-insured (Federal Housing Administration) 0 $0 $0 $0 $0 $0
FSA/RHS (Farm Service Agency or Rural Housing Service) 0 $0 $0 $0 $0 $0
VA-guaranteed (Veterans Administration) 0 $0 $0 $0 $0 $0

Outcome

Total Number of Mortgage Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Amount Highest Mortgage Loan Amount Average Applicant Income Highest Applicant Income
Loan Originated 4,360 $652,230,000 $149,000 $15,005,000 $125,000 $2,350,000
Preapproval Approved but not Accepted 1,987 $491,415,000 $247,000 $1,685,000 $112,000 $1,033,000
File Closed For Incompleteness 1,222 $205,920,000 $168,000 $1,425,000 $106,000 $975,000
Preapproval Denied by Financial Institution 1,221 $230,785,000 $189,000 $2,305,000 $64,000 $1,596,000
Application Denied By Financial Institution 441 $52,785,000 $119,000 $1,495,000 $84,000 $636,000
Application Withdrawn By Applicant 410 $63,360,000 $154,000 $6,795,000 $107,000 $950,000
Application Approved But Not Accepted 375 $46,685,000 $124,000 $805,000 $126,000 $3,525,000
Loan Purchased By The Institution 0 $0 $0 $0 $0 $0

Denial Reason

Total Number of Mortgage Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Amount Highest Mortgage Loan Amount Average Applicant Income Highest Applicant Income
Not applicable 8,354 $1,459,610,000 $174,000 $15,005,000 $118,000 $3,525,000
Debt-To-Income Ratio 845 $160,975,000 $190,000 $2,305,000 $59,000 $748,000
Credit History 385 $53,285,000 $138,000 $485,000 $71,000 $365,000
Insufficient Cash (Downpayment, Closing Cost) 159 $25,475,000 $160,000 $575,000 $69,000 $220,000
Employment History 144 $22,640,000 $157,000 $995,000 $54,000 $462,000
Collateral 86 $10,960,000 $127,000 $755,000 $129,000 $636,000
Other 21 $4,605,000 $219,000 $955,000 $216,000 $1,596,000
Unverifiable Information 12 $3,150,000 $262,000 $1,495,000 $104,000 $468,000
Credit Application Incomplete 6 $1,060,000 $176,000 $245,000 $193,000 $455,000
Mortgage Insurance Denied 4 $1,420,000 $355,000 $535,000 $138,000 $184,000

These totals and details for mortgage applications will give you a better idea of what to expect when researching mortgage lenders. Whether you are looking for a home loan, for home refinancing, or for home improvement loan statistics, we have the information you need. This mortgage loan data gives you everything you need to know as you start your search for the best lenders in MI, and gives you an idea of what the best mortgage lenders really are.

If you prefer, you can download a copy of the entire list of mortgage lenders in Michigan, and search similar information at your convenience.

Download the Michigan Lender List