Lake Michigan Credit Union
HMDA Loan Application Totals
and Mortgage Lending Details
for 2009
Lake Michigan Credit Union 2009 HMDA loan application data provides key insights into its mortgage lending trends, applicant demographics, and loan distribution.
The Home Mortgage Disclosure Act (HMDA) requires lenders to report detailed loan application data, offering transparency into lending patterns.
The data reveals trends in average loan size, applicant income, and mortgage approval rates, helping consumers and analysts understand lending accessibility.
Below, explore a breakdown of loan applications by county, metro area, loan purpose, applicant race, loan type, and more.
Whether you're an industry professional, homebuyer, or researcher,
this information provides valuable insights into mortgage lending activity.
Scroll down to view the full dataset and analyze lending trends in greater detail.
| Mortgage Company & Address | Lake Michigan Credit Union Po Box 2848 Caledonia, MI 49501 Tel #: available with data download |
| Federal Regulator | * available with data download |
| Years | 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 |
| Total Number of Mortgage Applications | 8,263 |
| Total Mortgage Loan Application Amount | $1,196,848,000 |
| Average Mortgage Loan Application Amount | $110,333 |
| Highest Mortgage Loan Application Amount | $1,425,000 |
| Average Applicant Income | $80,000 |
| Highest Applicant Income | $5,210,000 |
Explore comprehensive HMDA mortgage statistics and lending trends for 2009 with Lake Michigan Credit Union. Below, you'll find key insights into this lender's mortgage activity, including total loan applications, average mortgage amounts, highest application values, and income levels of top applicants. Whether you're analyzing Lake Michigan Credit Union's lending patterns or researching mortgage trends, these statistics provide valuable transparency into their loan activity.
Our HMDA dataset for 2009 breaks down Lake Michigan Credit Union's mortgage applications by loan purpose, applicant race, loan type, approval outcomes, and reasons for denial. These insights help homebuyers, financial analysts, and industry professionals assess borrower demographics and lending practices, offering a clearer view of how Lake Michigan Credit Union serves its applicants.
Each category highlights the total number of mortgage applications processed by Lake Michigan Credit Union, total loan amounts, average mortgage values, and the highest mortgage amounts recorded. You can also review borrower income trends, including the average and highest reported applicant incomes for loans issued by this lender. Whether you're evaluating lender performance, comparing mortgage approval rates, or exploring loan options, this HMDA-backed data offers a crucial look at Lake Michigan Credit Union's mortgage activity for 2009.
| County | Total Number of Mortgage Loan Applications | Total Dollar Amount of Mortgage Loans Applications | Average Mortgage Loan Application Amount | Average Applicant Income |
|---|---|---|---|---|
| Kent County Michigan | 4,366 | $ 564,907,000 | $ 129,000 | $ 77,000 |
| Ottawa County Michigan | 1,090 | $ 150,931,000 | $ 138,000 | $ 76,000 |
| Franklin County Ohio | 297 | $ 58,776,000 | $ 197,000 | $ 119,000 |
| Allegan County Michigan | 228 | $ 31,911,000 | $ 139,000 | $ 77,000 |
| Kalamazoo County Michigan | 143 | $ 27,092,000 | $ 189,000 | $ 111,000 |
| Barry County Michigan | 134 | $ 17,593,000 | $ 131,000 | $ 77,000 |
| Muskegon County Michigan | 83 | $ 10,684,000 | $ 128,000 | $ 71,000 |
| Montcalm County Michigan | 78 | $ 8,620,000 | $ 110,000 | $ 72,000 |
| Newaygo County Michigan | 69 | $ 8,122,000 | $ 117,000 | $ 96,000 |
| Cuyahoga County Ohio | 57 | $ 12,269,000 | $ 215,000 | $ 134,000 |
| Ionia County Michigan | 52 | $ 6,666,000 | $ 128,000 | $ 80,000 |
| Delaware County Ohio | 51 | $ 12,134,000 | $ 237,000 | $ 134,000 |
| Montgomery County Pennsylvania | 48 | $ 11,925,000 | $ 248,000 | $ 126,000 |
| Chester County Pennsylvania | 42 | $ 11,014,000 | $ 262,000 | $ 110,000 |
| Berrien County Michigan | 35 | $ 7,527,000 | $ 215,000 | $ 243,000 |
| Delaware County Pennsylvania | 33 | $ 7,131,000 | $ 216,000 | $ 106,000 |
| Oakland County Michigan | 32 | $ 7,889,000 | $ 246,000 | $ 144,000 |
| Van Buren County Michigan | 31 | $ 5,301,000 | $ 171,000 | $ 102,000 |
| Bucks County Pennsylvania | 31 | $ 7,586,000 | $ 244,000 | $ 109,000 |
| Wayne County Michigan | 27 | $ 4,713,000 | $ 174,000 | $ 99,000 |
| Fairfax County Virginia | 26 | $ 12,027,000 | $ 462,000 | $ 184,000 |
| Ingham County Michigan | 25 | $ 3,928,000 | $ 157,000 | $ 113,000 |
| Philadelphia County Pennsylvania | 23 | $ 5,046,000 | $ 219,000 | $ 103,000 |
| Oceana County Michigan | 21 | $ 4,328,000 | $ 206,000 | $ 99,000 |
| Washtenaw County Michigan | 21 | $ 4,320,000 | $ 205,000 | $ 102,000 |
| Waukesha County Wisconsin | 20 | $ 6,287,000 | $ 314,000 | $ 147,000 |
| Lake County Michigan | 19 | $ 2,302,000 | $ 121,000 | $ 116,000 |
| Mecosta County Michigan | 17 | $ 1,897,000 | $ 111,000 | $ 104,000 |
| Mason County Michigan | 16 | $ 1,995,000 | $ 124,000 | $ 96,000 |
| Lake County Ohio | 15 | $ 2,735,000 | $ 182,000 | $ 69,000 |
| Montgomery County Maryland | 14 | $ 8,334,000 | $ 595,000 | $ 240,000 |
| Manistee County Michigan | 14 | $ 1,867,000 | $ 133,000 | $ 81,000 |
| Charlevoix County Michigan | 13 | $ 1,961,000 | $ 150,000 | $ 109,000 |
| Jackson County Michigan | 13 | $ 2,103,000 | $ 161,000 | $ 70,000 |
| St. Clair County Michigan | 12 | $ 1,384,000 | $ 115,000 | $ 47,000 |
| Licking County Ohio | 12 | $ 2,263,000 | $ 188,000 | $ 83,000 |
| Luzerne County Pennsylvania | 12 | $ 2,097,000 | $ 174,000 | $ 101,000 |
| Kenton County Kentucky | 11 | $ 2,186,000 | $ 198,000 | $ 107,000 |
| Grand Traverse County Michigan | 11 | $ 2,096,000 | $ 190,000 | $ 113,000 |
| Arlington County Virginia | 11 | $ 6,194,000 | $ 563,000 | $ 224,000 |
| Macomb County Michigan | 10 | $ 1,385,000 | $ 138,000 | $ 80,000 |
| St. Joseph County Michigan | 10 | $ 1,951,000 | $ 195,000 | $ 93,000 |
| Butler County Ohio | 10 | $ 1,992,000 | $ 199,000 | $ 99,000 |
| Hamilton County Ohio | 10 | $ 2,573,000 | $ 257,000 | $ 120,000 |
| Milwaukee County Wisconsin | 10 | $ 1,721,000 | $ 172,000 | $ 88,000 |
| Boone County Kentucky | 9 | $ 1,811,000 | $ 201,000 | $ 105,000 |
| Antrim County Michigan | 9 | $ 1,195,000 | $ 132,000 | $ 86,000 |
| Osceola County Michigan | 9 | $ 446,000 | $ 49,000 | $ 51,000 |
| Geauga County Ohio | 9 | $ 2,387,000 | $ 265,000 | $ 97,000 |
| Marion County Indiana | 8 | $ 1,021,000 | $ 127,000 | $ 57,000 |
| Benzie County Michigan | 8 | $ 1,353,000 | $ 169,000 | $ 303,000 |
| Cass County Michigan | 8 | $ 1,683,000 | $ 210,000 | $ 88,000 |
| Clinton County Michigan | 8 | $ 1,198,000 | $ 149,000 | $ 88,000 |
| Livingston County Michigan | 8 | $ 1,422,000 | $ 177,000 | $ 91,000 |
| Leelanau County Michigan | 7 | $ 1,445,000 | $ 206,000 | $ 125,000 |
| Fairfield County Ohio | 7 | $ 1,384,000 | $ 197,000 | $ 110,000 |
| Aiken County South Carolina | 7 | $ 1,276,000 | $ 182,000 | $ 88,000 |
| Loudoun County Virginia | 7 | $ 2,831,000 | $ 404,000 | $ 286,000 |
| Eaton County Michigan | 6 | $ 836,000 | $ 139,000 | $ 65,000 |
| Wexford County Michigan | 6 | $ 1,010,000 | $ 168,000 | $ 148,000 |
| Clermont County Ohio | 6 | $ 1,146,000 | $ 191,000 | $ 119,000 |
| Union County Ohio | 6 | $ 1,599,000 | $ 266,000 | $ 128,000 |
| Warren County Ohio | 6 | $ 939,000 | $ 156,000 | $ 88,000 |
| Calhoun County Michigan | 5 | $ 759,000 | $ 151,000 | $ 70,000 |
| Clare County Michigan | 5 | $ 326,000 | $ 65,000 | $ 86,000 |
| Genesee County Michigan | 5 | $ 602,000 | $ 120,000 | $ 117,000 |
| Roscommon County Michigan | 5 | $ 441,000 | $ 88,000 | $ 148,000 |
| Portage County Ohio | 5 | $ 1,465,000 | $ 293,000 | $ 107,000 |
| Alexandria County Virginia | 5 | $ 2,851,000 | $ 570,000 | $ 249,000 |
| Campbell County Kentucky | 4 | $ 807,000 | $ 201,000 | $ 103,000 |
| Emmet County Michigan | 4 | $ 1,312,000 | $ 328,000 | $ 106,000 |
| Mackinac County Michigan | 4 | $ 445,000 | $ 111,000 | $ 126,000 |
| Lorain County Ohio | 4 | $ 675,000 | $ 168,000 | $ 87,000 |
| Summit County Ohio | 4 | $ 721,000 | $ 180,000 | $ 180,000 |
| Hamilton County Indiana | 3 | $ 885,000 | $ 295,000 | $ 121,000 |
| Cheboygan County Michigan | 3 | $ 318,000 | $ 106,000 | $ 72,000 |
| Missaukee County Michigan | 3 | $ 642,000 | $ 214,000 | $ 176,000 |
| Mahoning County Ohio | 3 | $ 402,000 | $ 134,000 | $ 108,000 |
| Stark County Ohio | 3 | $ 470,000 | $ 156,000 | $ 89,000 |
| Monroe County Pennsylvania | 3 | $ 571,000 | $ 190,000 | $ 181,000 |
| Washington County Wisconsin | 3 | $ 535,000 | $ 178,000 | $ 74,000 |
| Dearborn County Indiana | 2 | $ 526,000 | $ 263,000 | $ 98,000 |
| Anne Arundel County Maryland | 2 | $ 876,000 | $ 438,000 | $ 109,000 |
| Howard County Maryland | 2 | $ 1,815,000 | $ 907,000 | $ 569,000 |
| Prince George's County Maryland | 2 | $ 739,000 | $ 369,000 | $ 304,000 |
| Chippewa County Michigan | 2 | $ 223,000 | $ 111,000 | $ 46,000 |
| Crawford County Michigan | 2 | $ 224,000 | $ 112,000 | $ 96,000 |
| Kalkaska County Michigan | 2 | $ 358,000 | $ 179,000 | $ 96,000 |
| Monroe County Michigan | 2 | $ 210,000 | $ 105,000 | $ 50,000 |
| Schoolcraft County Michigan | 2 | $ 280,000 | $ 140,000 | $ 89,000 |
| Tuscola County Michigan | 2 | $ 165,000 | $ 82,000 | $ 51,000 |
| Mecklenburg County North Carolina | 2 | $ 1,123,000 | $ 561,000 | $ 168,000 |
| Union County North Carolina | 2 | $ 1,082,000 | $ 541,000 | $ 236,000 |
| Knox County Ohio | 2 | $ 423,000 | $ 211,000 | $ 113,000 |
| Lucas County Ohio | 2 | $ 468,000 | $ 234,000 | $ 283,000 |
| Madison County Ohio | 2 | $ 432,000 | $ 216,000 | $ 128,000 |
| Medina County Ohio | 2 | $ 444,000 | $ 222,000 | $ 81,000 |
| Trumbull County Ohio | 2 | $ 225,000 | $ 112,000 | $ 73,000 |
| Berks County Pennsylvania | 2 | $ 445,000 | $ 222,000 | $ 103,000 |
| Cumberland County Pennsylvania | 2 | $ 405,000 | $ 202,000 | $ 91,000 |
| York County Pennsylvania | 2 | $ 513,000 | $ 256,000 | $ 111,000 |
| Williamson County Tennessee | 2 | $ 544,000 | $ 272,000 | $ 245,000 |
| Dane County Wisconsin | 2 | $ 590,000 | $ 295,000 | $ 191,000 |
| Ozaukee County Wisconsin | 2 | $ 380,000 | $ 190,000 | $ 71,000 |
| Boone County Indiana | 1 | $ 110,000 | $ 110,000 | $ 80,000 |
| Oldham County Kentucky | 1 | $ 172,000 | $ 172,000 | $ 69,000 |
| Garrett County Maryland | 1 | $ 103,000 | $ 103,000 | $ 147,000 |
| Alcona County Michigan | 1 | $ 17,000 | $ 17,000 | $ 67,000 |
| Gratiot County Michigan | 1 | $ 264,000 | $ 264,000 | $ 112,000 |
| Hillsdale County Michigan | 1 | $ 247,000 | $ 247,000 | $ 209,000 |
| Iron County Michigan | 1 | $ 86,000 | $ 86,000 | $ 200,000 |
| Isabella County Michigan | 1 | $ 86,000 | $ 86,000 | $ 44,000 |
| Lenawee County Michigan | 1 | $ 64,000 | $ 64,000 | $ 35,000 |
| Midland County Michigan | 1 | $ 190,000 | $ 190,000 | $ 150,000 |
| Saginaw County Michigan | 1 | $ 83,000 | $ 83,000 | $ 45,000 |
| Shiawassee County Michigan | 1 | $ 84,000 | $ 84,000 | $ 268,000 |
| Gaston County North Carolina | 1 | $ 195,000 | $ 195,000 | $ 96,000 |
| Guilford County North Carolina | 1 | $ 630,000 | $ 630,000 | $ 248,000 |
| Clark County Ohio | 1 | $ 141,000 | $ 141,000 | $ 65,000 |
| Erie County Ohio | 1 | $ 216,000 | $ 216,000 | $ 88,000 |
| Fayette County Ohio | 1 | $ 75,000 | $ 75,000 | $ 45,000 |
| Logan County Ohio | 1 | $ 166,000 | $ 166,000 | $ 58,000 |
| Marion County Ohio | 1 | $ 92,000 | $ 92,000 | $ 125,000 |
| Montgomery County Ohio | 1 | $ 200,000 | $ 200,000 | $ 198,000 |
| Ottawa County Ohio | 1 | $ 417,000 | $ 417,000 | $ 156,000 |
| Pickaway County Ohio | 1 | $ 142,000 | $ 142,000 | $ 107,000 |
| Richland County Ohio | 1 | $ 91,000 | $ 91,000 | $ 37,000 |
| Allegheny County Pennsylvania | 1 | $ 333,000 | $ 333,000 | $ 268,000 |
| Centre County Pennsylvania | 1 | $ 257,000 | $ 257,000 | $ 62,000 |
| Columbia County Pennsylvania | 1 | $ 124,000 | $ 124,000 | $ 105,000 |
| Beaufort County South Carolina | 1 | $ 132,000 | $ 132,000 | $ 191,000 |
| Shelby County Tennessee | 1 | $ 161,000 | $ 161,000 | $ 39,000 |
| Chesterfield County Virginia | 1 | $ 417,000 | $ 417,000 | $ 172,000 |
| Falls Church County Virginia | 1 | $ 417,000 | $ 417,000 | $ 169,000 |
| Fauquier County Virginia | 1 | $ 351,000 | $ 351,000 | $ 88,000 |
| Harrisonburg County Virginia | 1 | $ 51,000 | $ 51,000 | $ 175,000 |
| Prince William County Virginia | 1 | $ 471,000 | $ 471,000 | $ 159,000 |
| Shenandoah County Virginia | 1 | $ 171,000 | $ 171,000 | $ 224,000 |
| Adams County Wisconsin | 1 | $ 100,000 | $ 100,000 | $ 100,000 |
| Jefferson County Wisconsin | 1 | $ 225,000 | $ 225,000 | $ 42,000 |
| Sheboygan County Wisconsin | 1 | $ 417,000 | $ 417,000 | $ 218,000 |
| Walworth County Wisconsin | 1 | $ 240,000 | $ 240,000 | $ 120,000 |
| Waushara County Wisconsin | 1 | $ 181,000 | $ 181,000 | $ 44,000 |
Mortgage Loan Application Detail Totals for Lake Michigan Credit Union in 2009
Loan Purpose |
Total Number of Mortgage Applications | Total Dollar Amount of Mortgage Loan Applications | Average Mortgage Loan Amount | Highest Mortgage Loan Amount | Average Applicant Income | Highest Applicant Income |
|---|---|---|---|---|---|---|
| Refinancing | 5,437 | $848,754,000 | $156,000 | $1,425,000 | $88,000 | $5,210,000 |
| Home Purchase | 2,476 | $333,728,000 | $134,000 | $1,150,000 | $75,000 | $1,071,000 |
| Home Improvement | 350 | $14,366,000 | $41,000 | $310,000 | $77,000 | $298,000 |
Applicant Race |
Total Number of Mortgage Applications | Total Dollar Amount of Mortgage Loan Applications | Average Mortgage Loan Amount | Highest Mortgage Loan Amount | Average Applicant Income | Highest Applicant Income |
|---|---|---|---|---|---|---|
| White | 6,774 | $996,229,000 | $147,000 | $1,260,000 | $84,000 | $5,210,000 |
| Not Provided | 1,033 | $134,238,000 | $129,000 | $1,299,000 | $79,000 | $751,000 |
| Hispanic | 153 | $18,185,000 | $118,000 | $640,000 | $68,000 | $550,000 |
| Asian | 152 | $25,406,000 | $167,000 | $944,000 | $99,000 | $1,071,000 |
| Black or African American | 126 | $18,840,000 | $149,000 | $1,425,000 | $75,000 | $608,000 |
| American Indian or Alaskan Native | 17 | $2,375,000 | $139,000 | $320,000 | $77,000 | $192,000 |
| Native Hawaiian or Other Pacific Islander | 8 | $1,575,000 | $196,000 | $376,000 | $115,000 | $215,000 |
| Not applicable | 0 | $0 | $0 | $0 | $0 | $0 |
Loan Type |
Total Number of Mortgage Applications | Total Dollar Amount of Mortgage Loan Applications | Average Mortgage Loan Amount | Highest Mortgage Loan Amount | Average Applicant Income | Highest Applicant Income |
|---|---|---|---|---|---|---|
| Conventional (any loan other than FHA, VA, FSA, or RHS loans) | 7,605 | $1,120,895,000 | $147,000 | $1,425,000 | $86,000 | $5,210,000 |
| FHA-insured (Federal Housing Administration) | 615 | $70,127,000 | $114,000 | $283,000 | $49,000 | $580,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) | 43 | $5,826,000 | $135,000 | $329,000 | $60,000 | $167,000 |
| VA-guaranteed (Veterans Administration) | 0 | $0 | $0 | $0 | $0 | $0 |
Outcome |
Total Number of Mortgage Applications | Total Dollar Amount of Mortgage Loan Applications | Average Mortgage Loan Amount | Highest Mortgage Loan Amount | Average Applicant Income | Highest Applicant Income |
|---|---|---|---|---|---|---|
| Loan Originated | 4,526 | $593,085,000 | $131,000 | $1,150,000 | $80,000 | $5,210,000 |
| Application Withdrawn By Applicant | 1,500 | $220,207,000 | $146,000 | $1,299,000 | $82,000 | $720,000 |
| Loan Purchased By The Institution | 1,028 | $240,225,000 | $233,000 | $1,425,000 | $123,000 | $1,071,000 |
| Preapproval Denied by Financial Institution | 510 | $60,166,000 | $117,000 | $923,000 | $57,000 | $894,000 |
| Application Denied By Financial Institution | 371 | $44,150,000 | $119,000 | $694,000 | $65,000 | $550,000 |
| File Closed For Incompleteness | 165 | $19,413,000 | $117,000 | $654,000 | $77,000 | $549,000 |
| Preapproval Approved but not Accepted | 160 | $19,301,000 | $120,000 | $528,000 | $60,000 | $345,000 |
| Application Approved But Not Accepted | 3 | $301,000 | $100,000 | $155,000 | $97,000 | $120,000 |
Denial Reason |
Total Number of Mortgage Applications | Total Dollar Amount of Mortgage Loan Applications | Average Mortgage Loan Amount | Highest Mortgage Loan Amount | Average Applicant Income | Highest Applicant Income |
|---|---|---|---|---|---|---|
| Credit Application Incomplete | 418 | $51,050,000 | $122,000 | $550,000 | $60,000 | $894,000 |
| Collateral | 175 | $23,682,000 | $135,000 | $694,000 | $75,000 | $312,000 |
| Credit History | 124 | $11,908,000 | $96,000 | $342,000 | $51,000 | $130,000 |
| Debt-To-Income Ratio | 104 | $9,961,000 | $95,000 | $923,000 | $43,000 | $324,000 |
| Other | 15 | $2,472,000 | $164,000 | $374,000 | $75,000 | $177,000 |
| Unverifiable Information | 15 | $1,720,000 | $114,000 | $225,000 | $51,000 | $84,000 |
| Employment History | 12 | $1,114,000 | $92,000 | $269,000 | $79,000 | $550,000 |
| Mortgage Insurance Denied | 10 | $1,688,000 | $168,000 | $356,000 | $99,000 | $225,000 |
| Insufficient Cash (Downpayment, Closing Cost) | 6 | $516,000 | $86,000 | $124,000 | $38,000 | $74,000 |
Our comprehensive HMDA mortgage statistics provide invaluable insights into Lake Michigan Credit Union's 2009 lending activity. By analyzing detailed data on mortgage applications, total loan amounts, applicant incomes, loan purposes, and approval rates, industry professionals, researchers, and analysts can gain a clear understanding of this lender's role in the mortgage market.
This in-depth HMDA data allows real estate experts, financial analysts, and policymakers to track lending trends, evaluate borrower demographics,
and assess Lake Michigan Credit Union's mortgage approval patterns.
Utilize this powerful dataset to analyze market performance, compare lending practices, and make data-driven decisions in the ever-changing mortgage industry.
For a list of all lenders in Michigan, download the full spreadsheet
with aggregated HMDA statistics today.