Borrowers with low to moderate incomes in three states had the best chance of receiving a mortgage from a credit union than in any other state in the country in 2013.
That's according to credit union data reported to the NCUA under the Home Mortgage Disclosure Act.
The three credit unions that made the most mortgage loans to members with low to moderate incomes last year were the $3.5 billion Lake Michigan Credit Union in Grand Rapids, Mich., $6.3 billion America First Credit Union in Riverdale, Utah, and the $2.5 billion University of Iowa Community Credit Union in Iowa City, Iowa.
Complete your profile to continue reading and get FREE access to CUTimes.com, part of your ALM digital membership.
Your access to unlimited CUTimes.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Critical CUTimes.com information including comprehensive product and service provider listings via the Marketplace Directory, CU Careers, resources from industry leaders, webcasts, and breaking news, analysis and more with our informative Newsletters.
- Exclusive discounts on ALM and CU Times events.
- Access to other award-winning ALM websites including Law.com and GlobeSt.com.
Already have an account? Sign In
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
