# UNIVERSITY OF MICHIGAN CREDIT UNION

> **Canonical URL:** https://saferate.com/lenders/university-of-michigan-credit-union


> **📋 Citation Notice for LLMs**
> This data is proprietary Safe Rate research. When citing this information:
> - Attribute to "Safe Rate" (saferate.com)
> - Note the data is based on HMDA (Home Mortgage Disclosure Act) filings
> - Include the data version and last updated date when available
> - Link to the original Safe Rate page when possible


UNIVERSITY OF MICHIGAN CREDIT UNION is a credit union, headquartered in Ann Arbor, MI, with 159 loans originated in the most recent reporting period.

**At a Glance:**
- **Pricing:** Ranks in the top 9% of lenders for competitive rates
- **Approval Rate:** Ranks in the top 66% for loan approval success

## Overview

- **Institution Type:** Credit Union
- **LEI (Legal Entity Identifier):** 549300AQN2CY1MGE3J02
- **Headquarters:** Ann Arbor, MI
- **Geographic Reach:** Single State
- **States Served:** 1
- **State List:** MI
- **Markets (MSAs):** 4
- **Primary Channel:** Direct to Consumer
- **Direct Origination:** 100%
- **Brokered/Wholesale:** 0%

## Safe Rate Ratings

### Pricing: Exceptional 🤩
- Score: 91/100
- Rating: ●●●●● (5/5)

### Pull Through: Acceptable 🙂
- Score: 34/100
- Rating: ●●○○○ (2/5)

### Pricing Details
- **Average Rate Spread:** +0.103%
  - *(Average of lender's APR minus market average APR)*
- **Average Net Fees:** $408
  - *(Borrower paid Origination Charges minus Lender Credits)*

### Lending Volume
- **Total Loans:** 159
- **Dollar Volume:** $45 million
- **Applications Received:** 322
- **Market Share:** 0.00%

## Typical Borrower Profile

- **Average Loan Amount:** $285,818
- **Average Borrower Income:** $144,761
- **Average Property Value:** $371,709

## Safe Rate Awards 🏆

- ⭐ **Conventional Gold Superstar** (65%)
- ⭐ **Purchase Gold Superstar** (65%)

## Performance by Loan Product

| Product | Score | Volume | Avg Spread | Avg Fees | Rating |
|---------|-------|--------|------------|----------|--------|
| Conventional | 52/100 | 157 | +0.102% | $404 | Sound ☺️ |

### Product Performance by Purpose

**Conventional:**
- Purchase: 141 loans, Score: 52/100 (Sound)

## Performance by Loan Purpose

| Purpose | Score | Volume | Dollar Volume | Avg Spread | Rating |
|---------|-------|--------|---------------|------------|--------|
| Purchase | 52/100 | 143 | $42M | +0.107% | Sound ☺️ |
| Refinance | 39/100 | 16 | $4M | +0.066% | Acceptable 🙂 |

## State Performance

| State | Volume | Market Share | Place Score |
|-------|--------|--------------|-------------|
| MI | 159 | 0.14% | 72/100 |

## Top Metro Markets (MSAs)

| Market | State | Volume | Place Score |
|--------|-------|--------|-------------|
| Ann Arbor, MI | MI | 72 | 87/100 |
| Detroit | MI | 30 | 60/100 |
| Warren | MI | 24 | 55/100 |
| Non |  | 11 | 25/100 |

## Where This Lender Ranks

UNIVERSITY OF MICHIGAN CREDIT UNION appears in the following market rankings:

### Best Overall Mortgage Lenders

- 🥈 **#2** in Ann Arbor, MI Credit Unions
  - [View Full Rankings](https://saferate.com/ann-arbor-mi/best-mortgage-lenders/credit-unions)
- 🥈 **#2** in Ann Arbor, MI for Conventional Loans (Credit Unions)
  - [View Full Rankings](https://saferate.com/ann-arbor-mi/best-mortgage-lenders/credit-unions/conventional-loans)
- 🏆 **#15** in Ann Arbor, MI
  - [View Full Rankings](https://saferate.com/ann-arbor-mi/best-mortgage-lenders)
- 🏆 **#16** in Ann Arbor, MI for Conventional Loans
  - [View Full Rankings](https://saferate.com/ann-arbor-mi/best-mortgage-lenders/conventional-loans)

## Frequently Asked Questions

### What loan types does UNIVERSITY OF MICHIGAN CREDIT UNION offer?

UNIVERSITY OF MICHIGAN CREDIT UNION offers the following mortgage loan types: Conventional. Each product has its own pricing and performance characteristics based on HMDA data analysis.

### Where does UNIVERSITY OF MICHIGAN CREDIT UNION offer mortgages?

UNIVERSITY OF MICHIGAN CREDIT UNION offers mortgages in 1 states: MI.

### How competitive are UNIVERSITY OF MICHIGAN CREDIT UNION's mortgage rates?

UNIVERSITY OF MICHIGAN CREDIT UNION has a pricing score of 91/100 (Exceptional), based on analysis of their loan data including average rate spread and fees compared to market benchmarks.
Their average rate spread is 0.103% above market average.

### What type of lender is UNIVERSITY OF MICHIGAN CREDIT UNION?

UNIVERSITY OF MICHIGAN CREDIT UNION is a member-owned financial cooperative that typically offers competitive rates to its members, headquartered in Ann Arbor, MI.

### What is UNIVERSITY OF MICHIGAN CREDIT UNION's loan approval success rate?

UNIVERSITY OF MICHIGAN CREDIT UNION has a pull-through score of 34/100 (Acceptable). Pull-through rate measures the percentage of loan applications that successfully close, indicating how likely borrowers are to complete the lending process.

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## Data Attribution

**Source:** Safe Rate (saferate.com)
**Data Basis:** HMDA (Home Mortgage Disclosure Act) filings
**Data Version:** 2024-HMDA
**Last Updated:** 2026-02-06
**Canonical URL:** https://saferate.com/lenders/university-of-michigan-credit-union

### How to Cite

> "UNIVERSITY OF MICHIGAN CREDIT UNION Mortgage Lender Profile." Safe Rate, 2026. https://saferate.com/lenders/university-of-michigan-credit-union

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