Lake Michigan Credit Union
HMDA Loan Application Totals
and Mortgage Lending Details
for 2018
Lake Michigan Credit Union 2018 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 | 20,135 |
| Total Mortgage Loan Application Amount | $3,493,875,000 |
| Average Mortgage Loan Application Amount | $129,833 |
| Highest Mortgage Loan Application Amount | $7,095,000 |
| Average Applicant Income | $121,166 |
| Highest Applicant Income | $4,609,000 |
Explore comprehensive HMDA mortgage statistics and lending trends for 2018 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 2018 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 2018.
| 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 | 6,338 | $ 884,320,000 | $ 139,000 | $ 97,000 |
| Ottawa County Michigan | 2,811 | $ 409,455,000 | $ 145,000 | $ 94,000 |
| Oakland County Michigan | 1,555 | $ 407,365,000 | $ 261,000 | $ 149,000 |
| Kalamazoo County Michigan | 1,109 | $ 174,765,000 | $ 157,000 | $ 102,000 |
| Muskegon County Michigan | 912 | $ 115,400,000 | $ 126,000 | $ 80,000 |
| Wayne County Michigan | 866 | $ 157,970,000 | $ 182,000 | $ 113,000 |
| Allegan County Michigan | 704 | $ 106,630,000 | $ 151,000 | $ 93,000 |
| Macomb County Michigan | 612 | $ 128,070,000 | $ 209,000 | $ 118,000 |
| Collier County Florida | 493 | $ 179,515,000 | $ 364,000 | $ 217,000 |
| Grand Traverse County Michigan | 451 | $ 87,735,000 | $ 194,000 | $ 128,000 |
| Lee County Florida | 422 | $ 124,250,000 | $ 294,000 | $ 169,000 |
| Barry County Michigan | 340 | $ 54,330,000 | $ 159,000 | $ 95,000 |
| Livingston County Michigan | 333 | $ 83,785,000 | $ 251,000 | $ 132,000 |
| Washtenaw County Michigan | 242 | $ 70,500,000 | $ 291,000 | $ 153,000 |
| Van Buren County Michigan | 220 | $ 37,090,000 | $ 168,000 | $ 99,000 |
| Saginaw County Michigan | 190 | $ 21,430,000 | $ 112,000 | $ 77,000 |
| Genesee County Michigan | 184 | $ 31,100,000 | $ 169,000 | $ 107,000 |
| Ingham County Michigan | 161 | $ 20,625,000 | $ 128,000 | $ 80,000 |
| Newaygo County Michigan | 160 | $ 19,470,000 | $ 121,000 | $ 75,000 |
| Leelanau County Michigan | 152 | $ 41,230,000 | $ 271,000 | $ 139,000 |
| Ionia County Michigan | 145 | $ 20,415,000 | $ 140,000 | $ 76,000 |
| Montcalm County Michigan | 121 | $ 12,975,000 | $ 107,000 | $ 79,000 |
| Charlotte County Florida | 95 | $ 20,795,000 | $ 218,000 | $ 123,000 |
| Antrim County Michigan | 71 | $ 13,955,000 | $ 196,000 | $ 166,000 |
| Oceana County Michigan | 69 | $ 10,465,000 | $ 151,000 | $ 105,000 |
| Lapeer County Michigan | 62 | $ 15,230,000 | $ 245,000 | $ 147,000 |
| Charlevoix County Michigan | 61 | $ 11,895,000 | $ 195,000 | $ 137,000 |
| Calhoun County Michigan | 60 | $ 7,880,000 | $ 131,000 | $ 91,000 |
| Mecosta County Michigan | 59 | $ 7,735,000 | $ 131,000 | $ 99,000 |
| Berrien County Michigan | 57 | $ 11,595,000 | $ 203,000 | $ 127,000 |
| St. Clair County Michigan | 57 | $ 10,865,000 | $ 190,000 | $ 86,000 |
| Clinton County Michigan | 51 | $ 10,335,000 | $ 202,000 | $ 104,000 |
| Eaton County Michigan | 48 | $ 9,060,000 | $ 188,000 | $ 96,000 |
| Monroe County Michigan | 47 | $ 9,635,000 | $ 205,000 | $ 103,000 |
| Benzie County Michigan | 45 | $ 9,135,000 | $ 203,000 | $ 106,000 |
| Emmet County Michigan | 39 | $ 9,185,000 | $ 235,000 | $ 144,000 |
| Lake County Michigan | 39 | $ 3,305,000 | $ 84,000 | $ 90,000 |
| St. Joseph County Michigan | 38 | $ 4,750,000 | $ 125,000 | $ 89,000 |
| Jackson County Michigan | 36 | $ 5,280,000 | $ 146,000 | $ 75,000 |
| Lake County Florida | 35 | $ 10,245,000 | $ 292,000 | $ 155,000 |
| Bay County Michigan | 33 | $ 3,905,000 | $ 118,000 | $ 81,000 |
| Kalkaska County Michigan | 28 | $ 4,860,000 | $ 173,000 | $ 105,000 |
| Mason County Michigan | 28 | $ 5,880,000 | $ 210,000 | $ 138,000 |
| Midland County Michigan | 27 | $ 5,425,000 | $ 200,000 | $ 137,000 |
| Sarasota County Florida | 24 | $ 4,920,000 | $ 205,000 | $ 119,000 |
| Cass County Michigan | 24 | $ 4,020,000 | $ 167,000 | $ 118,000 |
| Manistee County Michigan | 21 | $ 3,515,000 | $ 167,000 | $ 156,000 |
| Roscommon County Michigan | 20 | $ 2,640,000 | $ 132,000 | $ 97,000 |
| Shiawassee County Michigan | 20 | $ 2,970,000 | $ 148,000 | $ 66,000 |
| Hillsborough County Florida | 18 | $ 5,120,000 | $ 284,000 | $ 176,000 |
| Wexford County Michigan | 16 | $ 1,600,000 | $ 100,000 | $ 82,000 |
| Isabella County Michigan | 15 | $ 2,265,000 | $ 151,000 | $ 79,000 |
| Manatee County Florida | 14 | $ 6,160,000 | $ 440,000 | $ 241,000 |
| Lenawee County Michigan | 14 | $ 2,650,000 | $ 189,000 | $ 136,000 |
| Otsego County Michigan | 14 | $ 2,060,000 | $ 147,000 | $ 154,000 |
| Missaukee County Michigan | 13 | $ 2,155,000 | $ 165,000 | $ 127,000 |
| Orange County Florida | 11 | $ 3,315,000 | $ 301,000 | $ 121,000 |
| Osceola County Michigan | 11 | $ 1,315,000 | $ 119,000 | $ 109,000 |
| Branch County Michigan | 10 | $ 1,910,000 | $ 191,000 | $ 136,000 |
| Sanilac County Michigan | 10 | $ 1,510,000 | $ 151,000 | $ 97,000 |
| Pinellas County Florida | 9 | $ 2,495,000 | $ 277,000 | $ 324,000 |
| Clare County Michigan | 9 | $ 1,315,000 | $ 146,000 | $ 104,000 |
| Crawford County Michigan | 9 | $ 1,255,000 | $ 139,000 | $ 120,000 |
| Alcona County Michigan | 8 | $ 390,000 | $ 48,000 | $ 87,000 |
| Cheboygan County Michigan | 8 | $ 910,000 | $ 113,000 | $ 74,000 |
| Iosco County Michigan | 8 | $ 1,240,000 | $ 155,000 | $ 73,000 |
| Marquette County Michigan | 8 | $ 1,600,000 | $ 200,000 | $ 145,000 |
| Monroe County Florida | 7 | $ 3,105,000 | $ 443,000 | $ 433,000 |
| Mackinac County Michigan | 7 | $ 685,000 | $ 97,000 | $ 114,000 |
| Tuscola County Michigan | 7 | $ 705,000 | $ 100,000 | $ 94,000 |
| Volusia County Florida | 6 | $ 1,660,000 | $ 276,000 | $ 222,000 |
| Cook County Illinois | 6 | $ 2,150,000 | $ 358,000 | $ 205,000 |
| DuPage County Illinois | 6 | $ 2,520,000 | $ 420,000 | $ 193,000 |
| Gladwin County Michigan | 6 | $ 1,040,000 | $ 173,000 | $ 171,000 |
| Montmorency County Michigan | 6 | $ 780,000 | $ 130,000 | $ 84,000 |
| Oscoda County Michigan | 6 | $ 640,000 | $ 106,000 | $ 88,000 |
| Martin County Florida | 5 | $ 1,285,000 | $ 257,000 | $ 171,000 |
| Arenac County Michigan | 5 | $ 545,000 | $ 109,000 | $ 59,000 |
| Chippewa County Michigan | 5 | $ 535,000 | $ 107,000 | $ 77,000 |
| Hamilton County Ohio | 5 | $ 1,045,000 | $ 209,000 | $ 93,000 |
| Duval County Florida | 4 | $ 1,390,000 | $ 347,000 | $ 149,000 |
| Pasco County Florida | 4 | $ 570,000 | $ 142,000 | $ 56,000 |
| St. Johns County Florida | 4 | $ 1,560,000 | $ 390,000 | $ 121,000 |
| Lake County Illinois | 4 | $ 900,000 | $ 225,000 | $ 105,000 |
| Delta County Michigan | 4 | $ 650,000 | $ 162,000 | $ 95,000 |
| Presque Isle County Michigan | 4 | $ 670,000 | $ 167,000 | $ 166,000 |
| Butler County Ohio | 4 | $ 680,000 | $ 170,000 | $ 525,000 |
| Bay County Florida | 3 | $ 615,000 | $ 205,000 | $ 111,000 |
| Hendry County Florida | 3 | $ 675,000 | $ 225,000 | $ 88,000 |
| Marion County Florida | 3 | $ 1,115,000 | $ 371,000 | $ 101,000 |
| Palm Beach County Florida | 3 | $ 325,000 | $ 108,000 | $ 38,000 |
| Sumter County Florida | 3 | $ 585,000 | $ 195,000 | $ 79,000 |
| Kane County Illinois | 3 | $ 835,000 | $ 278,000 | $ 155,000 |
| Marion County Indiana | 3 | $ 395,000 | $ 131,000 | $ 99,000 |
| Alpena County Michigan | 3 | $ 165,000 | $ 55,000 | $ 119,000 |
| Gratiot County Michigan | 3 | $ 375,000 | $ 125,000 | $ 113,000 |
| Huron County Michigan | 3 | $ 605,000 | $ 201,000 | $ 149,000 |
| Waukesha County Wisconsin | 3 | $ 855,000 | $ 285,000 | $ 136,000 |
| Alachua County Florida | 2 | $ 380,000 | $ 190,000 | $ 52,000 |
| Brevard County Florida | 2 | $ 190,000 | $ 95,000 | $ 55,000 |
| DeSoto County Florida | 2 | $ 240,000 | $ 120,000 | $ 69,000 |
| Highlands County Florida | 2 | $ 280,000 | $ 140,000 | $ 160,000 |
| Indian River County Florida | 2 | $ 290,000 | $ 145,000 | $ 128,000 |
| Okaloosa County Florida | 2 | $ 160,000 | $ 80,000 | $ 93,000 |
| Osceola County Florida | 2 | $ 860,000 | $ 430,000 | $ 202,000 |
| McHenry County Illinois | 2 | $ 720,000 | $ 360,000 | $ 178,000 |
| Hamilton County Indiana | 2 | $ 190,000 | $ 95,000 | $ 125,000 |
| Hendricks County Indiana | 2 | $ 450,000 | $ 225,000 | $ 74,000 |
| St. Joseph County Indiana | 2 | $ 850,000 | $ 425,000 | $ 293,000 |
| Alger County Michigan | 2 | $ 200,000 | $ 100,000 | $ 51,000 |
| Gogebic County Michigan | 2 | $ 90,000 | $ 45,000 | $ 21,000 |
| Ogemaw County Michigan | 2 | $ 360,000 | $ 180,000 | $ 105,000 |
| Cuyahoga County Ohio | 2 | $ 480,000 | $ 240,000 | $ 221,000 |
| Fairfield County Ohio | 2 | $ 320,000 | $ 160,000 | $ 63,000 |
| Miami County Ohio | 2 | $ 430,000 | $ 215,000 | $ 90,000 |
| Dane County Wisconsin | 2 | $ 890,000 | $ 445,000 | $ 154,000 |
| Vilas County Wisconsin | 2 | $ 240,000 | $ 120,000 | $ 69,000 |
| Broward County Florida | 1 | $ 2,825,000 | $ 2,825,000 | $ 4,609,000 |
| Citrus County Florida | 1 | $ 55,000 | $ 55,000 | $ 24,000 |
| Clay County Florida | 1 | $ 275,000 | $ 275,000 | $ 180,000 |
| Escambia County Florida | 1 | $ 215,000 | $ 215,000 | $ 97,000 |
| Flagler County Florida | 1 | $ 325,000 | $ 325,000 | $ 145,000 |
| Glades County Florida | 1 | $ 375,000 | $ 375,000 | $ 98,000 |
| Hernando County Florida | 1 | $ 135,000 | $ 135,000 | $ 153,000 |
| Holmes County Florida | 1 | $ 145,000 | $ 145,000 | $ 45,000 |
| Nassau County Florida | 1 | $ 325,000 | $ 325,000 | $ 130,000 |
| Seminole County Florida | 1 | $ 75,000 | $ 75,000 | $ 165,000 |
| Walton County Florida | 1 | $ 555,000 | $ 555,000 | $ 261,000 |
| Washington County Florida | 1 | $ 135,000 | $ 135,000 | $ 45,000 |
| Kendall County Illinois | 1 | $ 315,000 | $ 315,000 | $ 235,000 |
| Will County Illinois | 1 | $ 175,000 | $ 175,000 | $ 196,000 |
| Allen County Indiana | 1 | $ 135,000 | $ 135,000 | $ 46,000 |
| Elkhart County Indiana | 1 | $ 185,000 | $ 185,000 | $ 40,000 |
| Huntington County Indiana | 1 | $ 135,000 | $ 135,000 | $ 59,000 |
| Johnson County Indiana | 1 | $ 75,000 | $ 75,000 | $ 217,000 |
| Lake County Indiana | 1 | $ 75,000 | $ 75,000 | $ 112,000 |
| LaPorte County Indiana | 1 | $ 115,000 | $ 115,000 | $ 51,000 |
| Noble County Indiana | 1 | $ 55,000 | $ 55,000 | $ 149,000 |
| Porter County Indiana | 1 | $ 235,000 | $ 235,000 | $ 87,000 |
| Starke County Indiana | 1 | $ 115,000 | $ 115,000 | $ 152,000 |
| Tippecanoe County Indiana | 1 | $ 155,000 | $ 155,000 | $ 96,000 |
| Frederick County Maryland | 1 | $ 25,000 | $ 25,000 | $ 117,000 |
| Hillsdale County Michigan | 1 | $ 135,000 | $ 135,000 | $ 91,000 |
| Houghton County Michigan | 1 | $ 75,000 | $ 75,000 | $ 28,000 |
| Keweenaw County Michigan | 1 | $ 155,000 | $ 155,000 | $ 74,000 |
| Luce County Michigan | 1 | $ 75,000 | $ 75,000 | $ 43,000 |
| Lake of the Woods County Minnesota | 1 | $ 55,000 | $ 55,000 | $ 34,000 |
| Clermont County Ohio | 1 | $ 325,000 | $ 325,000 | $ 124,000 |
| Lake County Ohio | 1 | $ 95,000 | $ 95,000 | $ 42,000 |
| Portage County Ohio | 1 | $ 455,000 | $ 455,000 | $ 178,000 |
| Summit County Ohio | 1 | $ 55,000 | $ 55,000 | $ 113,000 |
| Warren County Ohio | 1 | $ 85,000 | $ 85,000 | $ 210,000 |
| Wood County Ohio | 1 | $ 95,000 | $ 95,000 | $ 73,000 |
| Sheboygan County Wisconsin | 1 | $ 125,000 | $ 125,000 | $ 65,000 |
| Walworth County Wisconsin | 1 | $ 245,000 | $ 245,000 | $ 87,000 |
| Washington County Wisconsin | 1 | $ 215,000 | $ 215,000 | $ 89,000 |
Mortgage Loan Application Detail Totals for Lake Michigan Credit Union in 2018
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 | 11,581 | $2,681,855,000 | $231,000 | $7,095,000 | $113,000 | $4,609,000 |
| Home Improvement | 3,243 | $151,885,000 | $46,000 | $635,000 | $101,000 | $2,140,000 |
| Refinancing | 2,260 | $285,110,000 | $126,000 | $1,585,000 | $106,000 | $1,497,000 |
| Other Purpose | 1,644 | $106,100,000 | $64,000 | $1,205,000 | $111,000 | $3,563,000 |
| Cash-out Refinancing | 1,392 | $267,100,000 | $191,000 | $1,505,000 | $100,000 | $1,610,000 |
| Not Applicable | 15 | $1,825,000 | $121,000 | $235,000 | $196,000 | $196,000 |
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 | 15,542 | $2,640,700,000 | $169,000 | $2,825,000 | $108,000 | $4,609,000 |
| Not Provided | 3,131 | $584,535,000 | $186,000 | $1,995,000 | $121,000 | $1,410,000 |
| Hispanic | 503 | $80,085,000 | $159,000 | $1,145,000 | $84,000 | $681,000 |
| Black or African American | 462 | $65,270,000 | $141,000 | $705,000 | $82,000 | $624,000 |
| Asian | 374 | $89,550,000 | $239,000 | $2,065,000 | $119,000 | $683,000 |
| American Indian or Alaskan Native | 63 | $10,565,000 | $167,000 | $1,275,000 | $140,000 | $793,000 |
| Not applicable | 34 | $18,130,000 | $533,000 | $7,095,000 | $0 | $0 |
| Native Hawaiian or Other Pacific Islander | 12 | $2,660,000 | $221,000 | $975,000 | $149,000 | $668,000 |
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) | 19,020 | $3,313,580,000 | $174,000 | $7,095,000 | $112,000 | $4,609,000 |
| FHA-insured (Federal Housing Administration) | 788 | $117,040,000 | $148,000 | $335,000 | $60,000 | $246,000 |
| VA-guaranteed (Veterans Administration) | 222 | $48,650,000 | $219,000 | $665,000 | $77,000 | $492,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) | 105 | $14,605,000 | $139,000 | $325,000 | $49,000 | $79,000 |
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 | 15,254 | $2,717,200,000 | $178,000 | $7,095,000 | $111,000 | $4,609,000 |
| Application Denied By Financial Institution | 1,828 | $215,000,000 | $117,000 | $1,695,000 | $84,000 | $1,041,000 |
| Application Withdrawn By Applicant | 1,641 | $315,215,000 | $192,000 | $2,505,000 | $119,000 | $3,636,000 |
| Application Approved But Not Accepted | 1,001 | $188,755,000 | $188,000 | $1,905,000 | $113,000 | $2,140,000 |
| File Closed For Incompleteness | 397 | $56,035,000 | $141,000 | $1,505,000 | $112,000 | $1,248,000 |
| Loan Purchased By The Institution | 14 | $1,670,000 | $119,000 | $235,000 | $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 |
|---|---|---|---|---|---|---|
| Not applicable | 18,307 | $3,278,875,000 | $179,000 | $7,095,000 | $112,000 | $4,609,000 |
| Debt-To-Income Ratio | 718 | $80,660,000 | $112,000 | $1,425,000 | $62,000 | $749,000 |
| Collateral | 566 | $74,980,000 | $132,000 | $855,000 | $110,000 | $1,041,000 |
| Credit History | 372 | $38,690,000 | $104,000 | $1,695,000 | $90,000 | $979,000 |
| Other | 76 | $6,480,000 | $85,000 | $445,000 | $80,000 | $474,000 |
| Employment History | 50 | $5,350,000 | $107,000 | $435,000 | $61,000 | $237,000 |
| Insufficient Cash (Downpayment, Closing Cost) | 36 | $7,170,000 | $199,000 | $1,215,000 | $109,000 | $575,000 |
| Unverifiable Information | 6 | $510,000 | $85,000 | $265,000 | $47,000 | $101,000 |
| Credit Application Incomplete | 4 | $1,160,000 | $290,000 | $635,000 | $97,000 | $178,000 |
| Mortgage Insurance Denied | 0 | $0 | $0 | $0 | $0 | $0 |
Our comprehensive HMDA mortgage statistics provide invaluable insights into Lake Michigan Credit Union's 2018 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.
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with aggregated HMDA statistics today.