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MSU FEDERAL CREDIT UNION 3777 WEST ROAD
EAST LANSING, 48823

2008 Mortgage Research	Clinton	Michigan	US
Total Applications	144	1,398	1,861
Average Loan	$110.9k	$97.8k	$104.9k
Loan to Income Ratio	1.19	1.09	1.22
Subprime Loans	2.08%	0.43%	0.32%
Refinancing Loans	43.75%	33.05%	24.88%
Principal Dwellings	97.92%	95.78%	96.08%
Rejected Applications	1.39%	0.79%	1.50%

MSU FEDERAL CREDIT UNION 3777 WEST ROADEAST LANSING, 48823