Lake Michigan Credit Union
HMDA Loan Application Totals
and Mortgage Lending Details
for 2017
Lake Michigan Credit Union 2017 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 | 15,249 |
| Total Mortgage Loan Application Amount | $3,021,777,000 |
| Average Mortgage Loan Application Amount | $160,666 |
| Highest Mortgage Loan Application Amount | $3,770,000 |
| Average Applicant Income | $103,333 |
| Highest Applicant Income | $5,292,000 |
Explore comprehensive HMDA mortgage statistics and lending trends for 2017 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 2017 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 2017.
| 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 | 4,801 | $ 803,515,000 | $ 167,000 | $ 92,000 |
| Ottawa County Michigan | 2,091 | $ 376,819,000 | $ 180,000 | $ 92,000 |
| Oakland County Michigan | 1,297 | $ 413,491,000 | $ 318,000 | $ 158,000 |
| Kalamazoo County Michigan | 1,081 | $ 193,252,000 | $ 178,000 | $ 99,000 |
| Wayne County Michigan | 696 | $ 145,987,000 | $ 209,000 | $ 112,000 |
| Muskegon County Michigan | 689 | $ 102,369,000 | $ 148,000 | $ 82,000 |
| Allegan County Michigan | 527 | $ 88,318,000 | $ 167,000 | $ 86,000 |
| Macomb County Michigan | 399 | $ 97,440,000 | $ 244,000 | $ 111,000 |
| Grand Traverse County Michigan | 364 | $ 83,618,000 | $ 229,000 | $ 124,000 |
| Genesee County Michigan | 277 | $ 57,370,000 | $ 207,000 | $ 108,000 |
| Barry County Michigan | 227 | $ 42,207,000 | $ 185,000 | $ 91,000 |
| Collier County Florida | 224 | $ 84,683,000 | $ 378,000 | $ 218,000 |
| Livingston County Michigan | 195 | $ 58,574,000 | $ 300,000 | $ 127,000 |
| Lee County Florida | 192 | $ 51,578,000 | $ 268,000 | $ 176,000 |
| Van Buren County Michigan | 178 | $ 30,605,000 | $ 171,000 | $ 89,000 |
| Saginaw County Michigan | 176 | $ 21,167,000 | $ 120,000 | $ 69,000 |
| Leelanau County Michigan | 141 | $ 44,171,000 | $ 313,000 | $ 180,000 |
| Washtenaw County Michigan | 141 | $ 46,818,000 | $ 332,000 | $ 139,000 |
| Montcalm County Michigan | 116 | $ 14,771,000 | $ 127,000 | $ 78,000 |
| Newaygo County Michigan | 109 | $ 16,210,000 | $ 148,000 | $ 103,000 |
| Ionia County Michigan | 74 | $ 9,673,000 | $ 130,000 | $ 73,000 |
| Charlevoix County Michigan | 62 | $ 13,601,000 | $ 219,000 | $ 183,000 |
| Oceana County Michigan | 58 | $ 9,268,000 | $ 159,000 | $ 83,000 |
| Antrim County Michigan | 57 | $ 12,386,000 | $ 217,000 | $ 122,000 |
| Calhoun County Michigan | 51 | $ 8,482,000 | $ 166,000 | $ 104,000 |
| Ingham County Michigan | 48 | $ 7,158,000 | $ 149,000 | $ 91,000 |
| Lapeer County Michigan | 46 | $ 11,790,000 | $ 256,000 | $ 115,000 |
| Benzie County Michigan | 45 | $ 8,495,000 | $ 188,000 | $ 104,000 |
| Charlotte County Florida | 42 | $ 8,035,000 | $ 191,000 | $ 90,000 |
| Monroe County Michigan | 41 | $ 8,779,000 | $ 214,000 | $ 101,000 |
| Mecosta County Michigan | 40 | $ 5,323,000 | $ 133,000 | $ 103,000 |
| Bay County Michigan | 37 | $ 5,134,000 | $ 138,000 | $ 84,000 |
| Kalkaska County Michigan | 37 | $ 4,763,000 | $ 128,000 | $ 80,000 |
| St. Joseph County Michigan | 37 | $ 5,491,000 | $ 148,000 | $ 79,000 |
| Berrien County Michigan | 36 | $ 9,078,000 | $ 252,000 | $ 139,000 |
| Emmet County Michigan | 36 | $ 13,297,000 | $ 369,000 | $ 212,000 |
| Lake County Michigan | 30 | $ 3,040,000 | $ 101,000 | $ 84,000 |
| St. Clair County Michigan | 28 | $ 6,189,000 | $ 221,000 | $ 87,000 |
| Manistee County Michigan | 27 | $ 3,951,000 | $ 146,000 | $ 123,000 |
| Midland County Michigan | 25 | $ 2,859,000 | $ 114,000 | $ 65,000 |
| Mason County Michigan | 24 | $ 3,967,000 | $ 165,000 | $ 110,000 |
| Clinton County Michigan | 21 | $ 3,517,000 | $ 167,000 | $ 103,000 |
| Jackson County Michigan | 20 | $ 3,892,000 | $ 194,000 | $ 86,000 |
| Lake County Florida | 18 | $ 4,545,000 | $ 252,000 | $ 110,000 |
| Cass County Michigan | 17 | $ 2,860,000 | $ 168,000 | $ 111,000 |
| Eaton County Michigan | 17 | $ 2,196,000 | $ 129,000 | $ 80,000 |
| Wexford County Michigan | 17 | $ 2,214,000 | $ 130,000 | $ 117,000 |
| Sarasota County Florida | 16 | $ 4,633,000 | $ 289,000 | $ 156,000 |
| Cheboygan County Michigan | 15 | $ 3,286,000 | $ 219,000 | $ 209,000 |
| Roscommon County Michigan | 15 | $ 1,777,000 | $ 118,000 | $ 114,000 |
| Cook County Illinois | 14 | $ 4,032,000 | $ 288,000 | $ 160,000 |
| Shiawassee County Michigan | 13 | $ 1,642,000 | $ 126,000 | $ 83,000 |
| Branch County Michigan | 12 | $ 4,165,000 | $ 347,000 | $ 166,000 |
| Hillsborough County Florida | 9 | $ 2,042,000 | $ 226,000 | $ 102,000 |
| Isabella County Michigan | 9 | $ 1,210,000 | $ 134,000 | $ 60,000 |
| Pinellas County Florida | 8 | $ 3,061,000 | $ 382,000 | $ 189,000 |
| Iosco County Michigan | 8 | $ 538,000 | $ 67,000 | $ 74,000 |
| Osceola County Michigan | 8 | $ 1,037,000 | $ 129,000 | $ 124,000 |
| Otsego County Michigan | 8 | $ 1,232,000 | $ 154,000 | $ 107,000 |
| Manatee County Florida | 7 | $ 1,528,000 | $ 218,000 | $ 158,000 |
| Clare County Michigan | 7 | $ 615,000 | $ 87,000 | $ 65,000 |
| Oscoda County Michigan | 7 | $ 740,000 | $ 105,000 | $ 54,000 |
| Sanilac County Michigan | 7 | $ 1,080,000 | $ 154,000 | $ 109,000 |
| Tuscola County Michigan | 7 | $ 1,202,000 | $ 171,000 | $ 66,000 |
| Ogemaw County Michigan | 6 | $ 737,000 | $ 122,000 | $ 123,000 |
| Orange County Florida | 5 | $ 1,326,000 | $ 265,000 | $ 184,000 |
| Palm Beach County Florida | 5 | $ 952,000 | $ 190,000 | $ 102,000 |
| Gladwin County Michigan | 5 | $ 670,000 | $ 134,000 | $ 97,000 |
| Gratiot County Michigan | 5 | $ 505,000 | $ 101,000 | $ 68,000 |
| Lenawee County Michigan | 5 | $ 1,762,000 | $ 352,000 | $ 248,000 |
| Polk County Florida | 4 | $ 1,160,000 | $ 290,000 | $ 185,000 |
| Seminole County Florida | 4 | $ 1,008,000 | $ 252,000 | $ 216,000 |
| DuPage County Illinois | 4 | $ 868,000 | $ 217,000 | $ 100,000 |
| Crawford County Michigan | 4 | $ 264,000 | $ 66,000 | $ 135,000 |
| Missaukee County Michigan | 4 | $ 492,000 | $ 123,000 | $ 102,000 |
| Cuyahoga County Ohio | 4 | $ 474,000 | $ 118,000 | $ 64,000 |
| Brevard County Florida | 3 | $ 1,650,000 | $ 550,000 | $ 182,000 |
| Pasco County Florida | 3 | $ 508,000 | $ 169,000 | $ 85,000 |
| St. Johns County Florida | 3 | $ 1,072,000 | $ 357,000 | $ 173,000 |
| Lake County Illinois | 3 | $ 881,000 | $ 293,000 | $ 137,000 |
| Allen County Indiana | 3 | $ 800,000 | $ 266,000 | $ 213,000 |
| Marion County Indiana | 3 | $ 324,000 | $ 108,000 | $ 52,000 |
| St. Joseph County Indiana | 3 | $ 516,000 | $ 172,000 | $ 88,000 |
| Alcona County Michigan | 3 | $ 162,000 | $ 54,000 | $ 59,000 |
| Huron County Michigan | 3 | $ 603,000 | $ 201,000 | $ 143,000 |
| Mackinac County Michigan | 3 | $ 306,000 | $ 102,000 | $ 118,000 |
| Marquette County Michigan | 3 | $ 789,000 | $ 263,000 | $ 179,000 |
| Montmorency County Michigan | 3 | $ 170,000 | $ 56,000 | $ 46,000 |
| Butler County Ohio | 3 | $ 591,000 | $ 197,000 | $ 64,000 |
| Lake County Ohio | 3 | $ 461,000 | $ 153,000 | $ 53,000 |
| Lucas County Ohio | 3 | $ 420,000 | $ 140,000 | $ 202,000 |
| Alachua County Florida | 2 | $ 670,000 | $ 335,000 | $ 449,000 |
| Marion County Florida | 2 | $ 570,000 | $ 285,000 | $ 104,000 |
| Sumter County Florida | 2 | $ 546,000 | $ 273,000 | $ 98,000 |
| Elkhart County Indiana | 2 | $ 545,000 | $ 272,000 | $ 107,000 |
| Kosciusko County Indiana | 2 | $ 98,000 | $ 49,000 | $ 85,000 |
| Alger County Michigan | 2 | $ 368,000 | $ 184,000 | $ 132,000 |
| Arenac County Michigan | 2 | $ 232,000 | $ 116,000 | $ 141,000 |
| Houghton County Michigan | 2 | $ 101,000 | $ 50,000 | $ 116,000 |
| Delaware County Ohio | 2 | $ 1,154,000 | $ 577,000 | $ 240,000 |
| Fairfield County Ohio | 2 | $ 420,000 | $ 210,000 | $ 700,000 |
| Milwaukee County Wisconsin | 2 | $ 386,000 | $ 193,000 | $ 140,000 |
| Broward County Florida | 1 | $ 333,000 | $ 333,000 | $ 117,000 |
| Citrus County Florida | 1 | $ 102,000 | $ 102,000 | $ 68,000 |
| DeSoto County Florida | 1 | $ 100,000 | $ 100,000 | $ 68,000 |
| Duval County Florida | 1 | $ 185,000 | $ 185,000 | $ 55,000 |
| Flagler County Florida | 1 | $ 120,000 | $ 120,000 | $ 52,000 |
| Gulf County Florida | 1 | $ 476,000 | $ 476,000 | $ 123,000 |
| Hendry County Florida | 1 | $ 170,000 | $ 170,000 | $ 64,000 |
| Highlands County Florida | 1 | $ 116,000 | $ 116,000 | $ 38,000 |
| Martin County Florida | 1 | $ 1,815,000 | $ 1,815,000 | $ 3,237,000 |
| Okaloosa County Florida | 1 | $ 380,000 | $ 380,000 | $ 98,000 |
| Kendall County Illinois | 1 | $ 200,000 | $ 200,000 | $ 172,000 |
| McHenry County Illinois | 1 | $ 65,000 | $ 65,000 | $ 56,000 |
| Ogle County Illinois | 1 | $ 102,000 | $ 102,000 | $ 28,000 |
| Will County Illinois | 1 | $ 154,000 | $ 154,000 | $ 72,000 |
| Delaware County Indiana | 1 | $ 70,000 | $ 70,000 | $ 62,000 |
| Hamilton County Indiana | 1 | $ 90,000 | $ 90,000 | $ 43,000 |
| Hendricks County Indiana | 1 | $ 183,000 | $ 183,000 | $ 79,000 |
| Huntington County Indiana | 1 | $ 86,000 | $ 86,000 | $ 33,000 |
| Johnson County Indiana | 1 | $ 88,000 | $ 88,000 | $ 150,000 |
| Lake County Indiana | 1 | $ 202,000 | $ 202,000 | $ 50,000 |
| Steuben County Indiana | 1 | $ 60,000 | $ 60,000 | $ 39,000 |
| White County Indiana | 1 | $ 225,000 | $ 225,000 | $ 54,000 |
| Whitley County Indiana | 1 | $ 108,000 | $ 108,000 | $ 43,000 |
| Kennebec County Maine | 1 | $ 386,000 | $ 386,000 | $ 1,583,000 |
| Alpena County Michigan | 1 | $ 1,150,000 | $ 1,150,000 | $ 913,000 |
| Chippewa County Michigan | 1 | $ 89,000 | $ 89,000 | $ 40,000 |
| Delta County Michigan | 1 | $ 25,000 | $ 25,000 | $ 105,000 |
| Dickinson County Michigan | 1 | $ 46,000 | $ 46,000 | $ 65,000 |
| Hillsdale County Michigan | 1 | $ 248,000 | $ 248,000 | $ 95,000 |
| Schoolcraft County Michigan | 1 | $ 81,000 | $ 81,000 | $ 90,000 |
| Athens County Ohio | 1 | $ 135,000 | $ 135,000 | $ 93,000 |
| Clermont County Ohio | 1 | $ 104,000 | $ 104,000 | $ 56,000 |
| Defiance County Ohio | 1 | $ 58,000 | $ 58,000 | $ 114,000 |
| Licking County Ohio | 1 | $ 225,000 | $ 225,000 | $ 0 |
| Logan County Ohio | 1 | $ 211,000 | $ 211,000 | $ 60,000 |
| Miami County Ohio | 1 | $ 184,000 | $ 184,000 | $ 95,000 |
| Montgomery County Ohio | 1 | $ 184,000 | $ 184,000 | $ 110,000 |
| Stark County Ohio | 1 | $ 152,000 | $ 152,000 | $ 139,000 |
| Hampton County Virginia | 1 | $ 217,000 | $ 217,000 | $ 0 |
| Door County Wisconsin | 1 | $ 99,000 | $ 99,000 | $ 46,000 |
| Marinette County Wisconsin | 1 | $ 154,000 | $ 154,000 | $ 57,000 |
| Oneida County Wisconsin | 1 | $ 248,000 | $ 248,000 | $ 183,000 |
| Outagamie County Wisconsin | 1 | $ 309,000 | $ 309,000 | $ 163,000 |
| Washington County Wisconsin | 1 | $ 195,000 | $ 195,000 | $ 80,000 |
| Waukesha County Wisconsin | 1 | $ 520,000 | $ 520,000 | $ 245,000 |
Mortgage Loan Application Detail Totals for Lake Michigan Credit Union in 2017
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 |
|---|---|---|---|---|---|---|
| Home Purchase | 10,421 | $2,316,136,000 | $222,000 | $3,770,000 | $108,000 | $5,292,000 |
| Refinancing | 3,237 | $571,227,000 | $176,000 | $3,000,000 | $106,000 | $2,638,000 |
| Home Improvement | 1,591 | $134,414,000 | $84,000 | $1,000,000 | $96,000 | $753,000 |
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 | 12,468 | $2,451,939,000 | $196,000 | $3,000,000 | $105,000 | $5,292,000 |
| Not Provided | 1,735 | $367,331,000 | $211,000 | $3,770,000 | $127,000 | $2,583,000 |
| Asian | 351 | $86,379,000 | $246,000 | $1,500,000 | $119,000 | $1,018,000 |
| Hispanic | 319 | $50,395,000 | $157,000 | $875,000 | $78,000 | $492,000 |
| Black or African American | 286 | $46,911,000 | $164,000 | $1,125,000 | $80,000 | $600,000 |
| American Indian or Alaskan Native | 37 | $4,827,000 | $130,000 | $328,000 | $83,000 | $339,000 |
| Not applicable | 36 | $11,227,000 | $311,000 | $2,245,000 | $0 | $0 |
| Native Hawaiian or Other Pacific Islander | 17 | $2,768,000 | $162,000 | $416,000 | $79,000 | $132,000 |
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) | 14,044 | $2,841,857,000 | $202,000 | $3,770,000 | $110,000 | $5,292,000 |
| FHA-insured (Federal Housing Administration) | 861 | $118,745,000 | $137,000 | $430,000 | $56,000 | $333,000 |
| VA-guaranteed (Veterans Administration) | 220 | $44,425,000 | $201,000 | $867,000 | $72,000 | $340,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) | 124 | $16,750,000 | $135,000 | $319,000 | $46,000 | $95,000 |
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 | 11,871 | $2,355,378,000 | $198,000 | $2,250,000 | $105,000 | $3,237,000 |
| Application Withdrawn By Applicant | 1,483 | $320,792,000 | $216,000 | $2,000,000 | $125,000 | $2,583,000 |
| Application Denied By Financial Institution | 926 | $157,295,000 | $169,000 | $3,770,000 | $87,000 | $1,887,000 |
| Application Approved But Not Accepted | 762 | $150,660,000 | $197,000 | $3,000,000 | $116,000 | $5,292,000 |
| File Closed For Incompleteness | 195 | $35,582,000 | $182,000 | $1,995,000 | $124,000 | $1,458,000 |
| Loan Purchased By The Institution | 12 | $2,070,000 | $172,000 | $254,000 | $0 | $0 |
| Preapproval Approved but not Accepted | 0 | $0 | $0 | $0 | $0 | $0 |
| Preapproval Denied by Financial Institution | 0 | $0 | $0 | $0 | $0 | $0 |
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 |
|---|---|---|---|---|---|---|
| Collateral | 347 | $61,412,000 | $176,000 | $1,220,000 | $101,000 | $855,000 |
| Debt-To-Income Ratio | 274 | $42,044,000 | $153,000 | $1,140,000 | $59,000 | $275,000 |
| Credit History | 184 | $29,442,000 | $160,000 | $875,000 | $97,000 | $1,887,000 |
| Other | 51 | $12,878,000 | $252,000 | $3,770,000 | $125,000 | $1,031,000 |
| Employment History | 38 | $6,601,000 | $173,000 | $710,000 | $58,000 | $320,000 |
| Insufficient Cash (Downpayment, Closing Cost) | 23 | $3,705,000 | $161,000 | $424,000 | $73,000 | $283,000 |
| Unverifiable Information | 5 | $493,000 | $98,000 | $189,000 | $53,000 | $97,000 |
| Credit Application Incomplete | 3 | $400,000 | $133,000 | $237,000 | $169,000 | $228,000 |
| Mortgage Insurance Denied | 1 | $320,000 | $320,000 | $320,000 | $76,000 | $76,000 |
Our comprehensive HMDA mortgage statistics provide invaluable insights into Lake Michigan Credit Union's 2017 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.