Advantage One Credit Union reported 334 applications for homes in Michigan in the HMDA data of 2025.
It originated 251 loans in the state in 2025, for $14.7 million in total.
The median interest rate of these loans in 2025 was 6.490%, and the median of all lenders in Michigan was 6.599%.
The median total loan costs in 2025 were $0, and the state median was $4,527.
It denied 15.8% of the applications that it decided in the state in 2025, and the state denial rate was 22.6%.
Filed figures of Advantage One Credit Union in Michigan, 2025
Figure
In MI
Lender, all states
MI, all lenders
Applications
334
337
383,226
Loans originated
251
251
229,505
Median interest rate
6.490%
6.490%
6.599%
Median total loan costs
$0
$0
$4,527
Denial rate
15.8%
15.7%
22.6%
HMDA data are generally not used alone to determine whether a lender is complying with fair lending laws. The data do not include some legitimate credit risk considerations for loan approval and loan pricing decisions.
Pricing medians of Advantage One Credit Union in Michigan, 2025Each value has the median of all lenders in Michigan under it.
Loans
Loans in the medians
Interest rate
Total loan costs
Origination charges
Discount points, of the loans with points
Lender credits, of the loans with credits
Rate spread, points
All loans in MI
46
6.490%MI 6.599%
$0MI $4,527
$0MI $1,790
n/aMI $1,736
n/aMI $500
0.430MI 0.307
Medians are for originated closed-end loans with a first lien. Reverse mortgages, open-end lines of credit and loans for a business purpose are not in the medians. A median needs 20 loans.
The median rate spread was 0.430 percentage points above the average prime offer rate. On a loan of $300,000, that is about $1,290 more a year, or $108 more a month.
The dollar amount is a simple interest approximation: the rate spread times the full loan amount for one year. The balance of a loan decreases with each payment, and an APR includes some fees, so the amount for a real loan is different.
Federal Financial Institutions Examination Council and Consumer Financial Protection Bureau, Home Mortgage Disclosure Act data, 2025
Data date
HMDA year . Page made .
Provenance
The figures come from the public HMDA loan/application register of 2022 to 2025. They are the records of this LEI for homes in Michigan. This site withholds a figure with fewer than 25 applications. Method of the figures. Terms. Report an error.
Questions
What share of the loans of Advantage One Credit Union were in Michigan in 2025?
251 of its loans originated, out of 251 in all states. That is 100.0%.
In which counties of Michigan did Advantage One Credit Union originate the most loans in 2025?
Only one county has 50 applications or more of the lender: Wayne County, with 217 loans originated.
Which loan types did Advantage One Credit Union originate in Michigan in 2025?
All its loans in the state were of one type: 251 conventional.
How did the applications of Advantage One Credit Union in Michigan change from 2022 to 2025?
It reported 323 applications in 2022 and 334 in 2025.