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.
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