Lender profile · HMDA 2023–2025
University of Michigan Credit Union mortgage approval rates & lending data
University of Michigan Credit Union decided 1,734 mortgage applications and funded 1,404 loans across the 616 counties Fat Boy Data covers, 2023–2025.
Approval by loan type
| Loan type | Approval | Approved | Taken up | Typical loan | Loans made |
|---|---|---|---|---|---|
| Mortgage lenders | 97% | 562 / 580 | 78% | $305K | 438 |
| Home improvement loans | 95% | 844 / 884 | 93% | $105K | 781 |
| Cash-out refinance | 80% | 136 / 170 | 82% | $205K | 112 |
| Refinance | 81% | 46 / 57 | 78% | $155K | 36 |
University of Michigan Credit Union lending by state
| State | Approval | Typical loan | Decided | Loans made |
|---|---|---|---|---|
| Michigan | 94% | $105K | 1,734 | 1,404 |
Covers the 616 counties in the Fat Boy Data footprint, which is 79.6% of the US population — not every county in each state. Methodology.