Lake Michigan Credit Union
HMDA Loan Application Totals
and Mortgage Lending Details
for 2019
Lake Michigan Credit Union 2019 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 | 23,122 |
| Total Mortgage Loan Application Amount | $4,465,630,000 |
| Average Mortgage Loan Application Amount | $147,666 |
| Highest Mortgage Loan Application Amount | $33,535,000 |
| Average Applicant Income | $108,500 |
| Highest Applicant Income | $6,765,000 |
Explore comprehensive HMDA mortgage statistics and lending trends for 2019 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 2019 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 2019.
| 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 | 7,262 | $ 1,153,080,000 | $ 158,000 | $ 103,000 |
| Ottawa County Michigan | 3,335 | $ 564,205,000 | $ 169,000 | $ 101,000 |
| Oakland County Michigan | 1,789 | $ 498,905,000 | $ 278,000 | $ 150,000 |
| Kalamazoo County Michigan | 1,141 | $ 188,985,000 | $ 165,000 | $ 105,000 |
| Muskegon County Michigan | 1,041 | $ 147,915,000 | $ 142,000 | $ 80,000 |
| Wayne County Michigan | 1,030 | $ 210,040,000 | $ 203,000 | $ 118,000 |
| Allegan County Michigan | 747 | $ 123,805,000 | $ 165,000 | $ 97,000 |
| Lee County Florida | 623 | $ 220,845,000 | $ 354,000 | $ 208,000 |
| Macomb County Michigan | 602 | $ 128,760,000 | $ 213,000 | $ 108,000 |
| Grand Traverse County Michigan | 523 | $ 111,445,000 | $ 213,000 | $ 121,000 |
| Collier County Florida | 490 | $ 187,070,000 | $ 381,000 | $ 223,000 |
| Livingston County Michigan | 418 | $ 112,580,000 | $ 269,000 | $ 129,000 |
| Barry County Michigan | 363 | $ 56,135,000 | $ 154,000 | $ 96,000 |
| Washtenaw County Michigan | 355 | $ 101,615,000 | $ 286,000 | $ 148,000 |
| Saginaw County Michigan | 227 | $ 31,045,000 | $ 136,000 | $ 81,000 |
| Genesee County Michigan | 226 | $ 46,000,000 | $ 203,000 | $ 116,000 |
| Van Buren County Michigan | 217 | $ 42,935,000 | $ 197,000 | $ 127,000 |
| Newaygo County Michigan | 172 | $ 24,980,000 | $ 145,000 | $ 89,000 |
| Ingham County Michigan | 167 | $ 25,075,000 | $ 150,000 | $ 93,000 |
| Leelanau County Michigan | 167 | $ 52,485,000 | $ 314,000 | $ 173,000 |
| Montcalm County Michigan | 166 | $ 21,270,000 | $ 128,000 | $ 78,000 |
| Ionia County Michigan | 159 | $ 21,635,000 | $ 136,000 | $ 81,000 |
| Charlotte County Florida | 106 | $ 26,760,000 | $ 252,000 | $ 129,000 |
| Charlevoix County Michigan | 82 | $ 19,690,000 | $ 240,000 | $ 183,000 |
| Monroe County Michigan | 79 | $ 18,855,000 | $ 238,000 | $ 104,000 |
| Eaton County Michigan | 77 | $ 14,655,000 | $ 190,000 | $ 101,000 |
| Calhoun County Michigan | 72 | $ 10,730,000 | $ 149,000 | $ 85,000 |
| Clinton County Michigan | 72 | $ 14,870,000 | $ 206,000 | $ 110,000 |
| Oceana County Michigan | 72 | $ 11,160,000 | $ 155,000 | $ 108,000 |
| Benzie County Michigan | 71 | $ 15,835,000 | $ 223,000 | $ 110,000 |
| Antrim County Michigan | 66 | $ 14,010,000 | $ 212,000 | $ 165,000 |
| Berrien County Michigan | 66 | $ 12,590,000 | $ 190,000 | $ 138,000 |
| St. Clair County Michigan | 66 | $ 15,080,000 | $ 228,000 | $ 121,000 |
| Lapeer County Michigan | 64 | $ 15,020,000 | $ 234,000 | $ 115,000 |
| Lake County Florida | 52 | $ 16,280,000 | $ 313,000 | $ 193,000 |
| Mecosta County Michigan | 52 | $ 6,740,000 | $ 129,000 | $ 94,000 |
| Emmet County Michigan | 43 | $ 9,545,000 | $ 221,000 | $ 164,000 |
| Bay County Michigan | 42 | $ 6,730,000 | $ 160,000 | $ 81,000 |
| Lake County Michigan | 38 | $ 4,070,000 | $ 107,000 | $ 123,000 |
| Sarasota County Florida | 36 | $ 9,980,000 | $ 277,000 | $ 165,000 |
| Kalkaska County Michigan | 35 | $ 5,185,000 | $ 148,000 | $ 120,000 |
| Cass County Michigan | 32 | $ 6,570,000 | $ 205,000 | $ 126,000 |
| Jackson County Michigan | 31 | $ 6,525,000 | $ 210,000 | $ 118,000 |
| Manistee County Michigan | 31 | $ 5,135,000 | $ 165,000 | $ 98,000 |
| St. Joseph County Michigan | 30 | $ 4,620,000 | $ 154,000 | $ 98,000 |
| Hillsborough County Florida | 29 | $ 8,075,000 | $ 278,000 | $ 154,000 |
| Wexford County Michigan | 29 | $ 3,495,000 | $ 120,000 | $ 94,000 |
| Midland County Michigan | 28 | $ 5,230,000 | $ 186,000 | $ 115,000 |
| Mason County Michigan | 23 | $ 4,765,000 | $ 207,000 | $ 147,000 |
| Pinellas County Florida | 20 | $ 6,120,000 | $ 306,000 | $ 205,000 |
| Missaukee County Michigan | 19 | $ 3,305,000 | $ 173,000 | $ 122,000 |
| Orange County Florida | 17 | $ 6,875,000 | $ 404,000 | $ 297,000 |
| Shiawassee County Michigan | 17 | $ 2,325,000 | $ 136,000 | $ 70,000 |
| Lenawee County Michigan | 16 | $ 3,130,000 | $ 195,000 | $ 170,000 |
| Manatee County Florida | 14 | $ 3,780,000 | $ 270,000 | $ 145,000 |
| Palm Beach County Florida | 12 | $ 3,250,000 | $ 270,000 | $ 137,000 |
| Cheboygan County Michigan | 12 | $ 1,630,000 | $ 135,000 | $ 124,000 |
| Gladwin County Michigan | 12 | $ 2,180,000 | $ 181,000 | $ 195,000 |
| Otsego County Michigan | 12 | $ 2,940,000 | $ 245,000 | $ 143,000 |
| Roscommon County Michigan | 12 | $ 1,720,000 | $ 143,000 | $ 109,000 |
| Volusia County Florida | 11 | $ 2,475,000 | $ 225,000 | $ 134,000 |
| Isabella County Michigan | 11 | $ 1,995,000 | $ 181,000 | $ 79,000 |
| Osceola County Michigan | 11 | $ 1,265,000 | $ 115,000 | $ 117,000 |
| Seminole County Florida | 10 | $ 3,560,000 | $ 356,000 | $ 139,000 |
| Clare County Michigan | 10 | $ 1,120,000 | $ 112,000 | $ 92,000 |
| Huron County Michigan | 10 | $ 1,560,000 | $ 156,000 | $ 162,000 |
| Iosco County Michigan | 10 | $ 1,570,000 | $ 157,000 | $ 83,000 |
| Cook County Illinois | 9 | $ 2,715,000 | $ 301,000 | $ 153,000 |
| Marion County Florida | 8 | $ 1,390,000 | $ 173,000 | $ 106,000 |
| Monroe County Florida | 7 | $ 2,655,000 | $ 379,000 | $ 625,000 |
| Branch County Michigan | 7 | $ 2,045,000 | $ 292,000 | $ 317,000 |
| Presque Isle County Michigan | 7 | $ 1,345,000 | $ 192,000 | $ 148,000 |
| Franklin County Ohio | 7 | $ 1,255,000 | $ 179,000 | $ 105,000 |
| Sumter County Florida | 6 | $ 1,130,000 | $ 188,000 | $ 182,000 |
| Alpena County Michigan | 6 | $ 1,680,000 | $ 280,000 | $ 340,000 |
| Gratiot County Michigan | 6 | $ 670,000 | $ 111,000 | $ 69,000 |
| Marquette County Michigan | 6 | $ 800,000 | $ 133,000 | $ 119,000 |
| Tuscola County Michigan | 6 | $ 770,000 | $ 128,000 | $ 101,000 |
| Osceola County Florida | 5 | $ 975,000 | $ 195,000 | $ 130,000 |
| Polk County Florida | 5 | $ 665,000 | $ 133,000 | $ 70,000 |
| DuPage County Illinois | 5 | $ 1,115,000 | $ 223,000 | $ 145,000 |
| Lake County Illinois | 5 | $ 1,955,000 | $ 391,000 | $ 188,000 |
| Marion County Indiana | 5 | $ 955,000 | $ 191,000 | $ 143,000 |
| Delta County Michigan | 5 | $ 265,000 | $ 53,000 | $ 134,000 |
| Hillsdale County Michigan | 5 | $ 1,615,000 | $ 323,000 | $ 133,000 |
| Ogemaw County Michigan | 5 | $ 915,000 | $ 183,000 | $ 104,000 |
| Brevard County Florida | 4 | $ 930,000 | $ 232,000 | $ 67,000 |
| DeSoto County Florida | 4 | $ 760,000 | $ 190,000 | $ 65,000 |
| Duval County Florida | 4 | $ 860,000 | $ 215,000 | $ 110,000 |
| Flagler County Florida | 4 | $ 720,000 | $ 180,000 | $ 110,000 |
| St. Johns County Florida | 4 | $ 1,140,000 | $ 285,000 | $ 154,000 |
| Allen County Indiana | 4 | $ 2,200,000 | $ 550,000 | $ 585,000 |
| Crawford County Michigan | 4 | $ 500,000 | $ 125,000 | $ 69,000 |
| Cuyahoga County Ohio | 4 | $ 520,000 | $ 130,000 | $ 96,000 |
| Waukesha County Wisconsin | 4 | $ 1,040,000 | $ 260,000 | $ 154,000 |
| Citrus County Florida | 3 | $ 455,000 | $ 151,000 | $ 109,000 |
| Martin County Florida | 3 | $ 2,395,000 | $ 798,000 | $ 378,000 |
| Hamilton County Indiana | 3 | $ 515,000 | $ 171,000 | $ 55,000 |
| Alcona County Michigan | 3 | $ 375,000 | $ 125,000 | $ 76,000 |
| Arenac County Michigan | 3 | $ 415,000 | $ 138,000 | $ 130,000 |
| Mackinac County Michigan | 3 | $ 845,000 | $ 281,000 | $ 95,000 |
| Oscoda County Michigan | 3 | $ 315,000 | $ 105,000 | $ 136,000 |
| Sanilac County Michigan | 3 | $ 185,000 | $ 61,000 | $ 74,000 |
| Schoolcraft County Michigan | 3 | $ 365,000 | $ 121,000 | $ 111,000 |
| Milwaukee County Wisconsin | 3 | $ 525,000 | $ 175,000 | $ 95,000 |
| Hendry County Florida | 2 | $ 100,000 | $ 50,000 | $ 55,000 |
| Walton County Florida | 2 | $ 780,000 | $ 390,000 | $ 584,000 |
| Elkhart County Indiana | 2 | $ 300,000 | $ 150,000 | $ 49,000 |
| Hendricks County Indiana | 2 | $ 160,000 | $ 80,000 | $ 52,000 |
| Chippewa County Michigan | 2 | $ 230,000 | $ 115,000 | $ 46,000 |
| Dickinson County Michigan | 2 | $ 20,000 | $ 10,000 | $ 36,000 |
| Houghton County Michigan | 2 | $ 350,000 | $ 175,000 | $ 163,000 |
| Montmorency County Michigan | 2 | $ 230,000 | $ 115,000 | $ 83,000 |
| Delaware County Ohio | 2 | $ 830,000 | $ 415,000 | $ 212,000 |
| Lake County Ohio | 2 | $ 280,000 | $ 140,000 | $ 85,000 |
| Stark County Ohio | 2 | $ 380,000 | $ 190,000 | $ 102,000 |
| Summit County Ohio | 2 | $ 460,000 | $ 230,000 | $ 175,000 |
| Warren County Ohio | 2 | $ 440,000 | $ 220,000 | $ 105,000 |
| Marathon County Wisconsin | 2 | $ 330,000 | $ 165,000 | $ 72,000 |
| Alachua County Florida | 1 | $ 475,000 | $ 475,000 | $ 510,000 |
| Broward County Florida | 1 | $ 55,000 | $ 55,000 | $ 95,000 |
| Escambia County Florida | 1 | $ 165,000 | $ 165,000 | $ 83,000 |
| Glades County Florida | 1 | $ 375,000 | $ 375,000 | $ 105,000 |
| Indian River County Florida | 1 | $ 165,000 | $ 165,000 | $ 68,000 |
| Levy County Florida | 1 | $ 175,000 | $ 175,000 | $ 61,000 |
| Pasco County Florida | 1 | $ 125,000 | $ 125,000 | $ 60,000 |
| St. Lucie County Florida | 1 | $ 155,000 | $ 155,000 | $ 60,000 |
| Jackson County Illinois | 1 | $ 115,000 | $ 115,000 | $ 84,000 |
| Kane County Illinois | 1 | $ 235,000 | $ 235,000 | $ 198,000 |
| Kendall County Illinois | 1 | $ 305,000 | $ 305,000 | $ 235,000 |
| McLean County Illinois | 1 | $ 145,000 | $ 145,000 | $ 82,000 |
| Ogle County Illinois | 1 | $ 155,000 | $ 155,000 | $ 54,000 |
| Boone County Indiana | 1 | $ 385,000 | $ 385,000 | $ 155,000 |
| Jasper County Indiana | 1 | $ 105,000 | $ 105,000 | $ 46,000 |
| Lake County Indiana | 1 | $ 65,000 | $ 65,000 | $ 22,000 |
| St. Joseph County Indiana | 1 | $ 675,000 | $ 675,000 | $ 500,000 |
| Tippecanoe County Indiana | 1 | $ 185,000 | $ 185,000 | $ 131,000 |
| Kennebec County Maine | 1 | $ 335,000 | $ 335,000 | $ 643,000 |
| Alger County Michigan | 1 | $ 165,000 | $ 165,000 | $ 73,000 |
| Ashtabula County Ohio | 1 | $ 125,000 | $ 125,000 | $ 0 |
| Erie County Ohio | 1 | $ 185,000 | $ 185,000 | $ 80,000 |
| Lorain County Ohio | 1 | $ 125,000 | $ 125,000 | $ 78,000 |
| Medina County Ohio | 1 | $ 175,000 | $ 175,000 | $ 79,000 |
| Portage County Ohio | 1 | $ 115,000 | $ 115,000 | $ 182,000 |
| Washington County Ohio | 1 | $ 145,000 | $ 145,000 | $ 97,000 |
| Wayne County Ohio | 1 | $ 105,000 | $ 105,000 | $ 83,000 |
| Wood County Ohio | 1 | $ 185,000 | $ 185,000 | $ 65,000 |
| Beaufort County South Carolina | 1 | $ 295,000 | $ 295,000 | $ 256,000 |
| Newport News County Virginia | 1 | $ 105,000 | $ 105,000 | $ 0 |
| Virginia Beach County Virginia | 1 | $ 605,000 | $ 605,000 | $ 195,000 |
| Outagamie County Wisconsin | 1 | $ 125,000 | $ 125,000 | $ 201,000 |
| Washington County Wisconsin | 1 | $ 105,000 | $ 105,000 | $ 68,000 |
Mortgage Loan Application Detail Totals for Lake Michigan Credit Union in 2019
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 | 11,592 | $2,783,190,000 | $240,000 | $33,535,000 | $118,000 | $6,765,000 |
| Refinancing | 4,484 | $955,330,000 | $213,000 | $4,005,000 | $127,000 | $3,060,000 |
| Home Improvement | 3,169 | $152,175,000 | $48,000 | $715,000 | $103,000 | $3,153,000 |
| Cash-out Refinancing | 2,120 | $448,460,000 | $211,000 | $2,005,000 | $107,000 | $1,297,000 |
| Other Purpose | 1,729 | $123,565,000 | $71,000 | $1,645,000 | $101,000 | $2,532,000 |
| Not Applicable | 28 | $2,910,000 | $103,000 | $335,000 | $95,000 | $95,000 |
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 | 16,539 | $3,178,515,000 | $192,000 | $4,905,000 | $114,000 | $3,153,000 |
| Not Provided | 5,111 | $981,705,000 | $192,000 | $3,445,000 | $127,000 | $6,765,000 |
| Hispanic | 527 | $82,655,000 | $156,000 | $1,595,000 | $83,000 | $590,000 |
| Black or African American | 484 | $72,300,000 | $149,000 | $705,000 | $83,000 | $763,000 |
| Asian | 334 | $74,560,000 | $223,000 | $1,475,000 | $116,000 | $636,000 |
| American Indian or Alaskan Native | 55 | $10,605,000 | $192,000 | $1,215,000 | $101,000 | $613,000 |
| Not applicable | 52 | $61,250,000 | $1,177,000 | $33,535,000 | $0 | $0 |
| Native Hawaiian or Other Pacific Islander | 9 | $1,405,000 | $156,000 | $415,000 | $91,000 | $227,000 |
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) | 21,629 | $4,199,475,000 | $194,000 | $33,535,000 | $119,000 | $6,765,000 |
| FHA-insured (Federal Housing Administration) | 1,102 | $178,550,000 | $162,000 | $365,000 | $61,000 | $285,000 |
| VA-guaranteed (Veterans Administration) | 277 | $69,825,000 | $252,000 | $995,000 | $89,000 | $300,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) | 114 | $17,780,000 | $155,000 | $285,000 | $55,000 | $89,000 |
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 | 17,393 | $3,403,605,000 | $195,000 | $33,535,000 | $117,000 | $6,765,000 |
| Application Withdrawn By Applicant | 2,346 | $516,090,000 | $219,000 | $3,085,000 | $122,000 | $2,110,000 |
| Application Denied By Financial Institution | 1,824 | $249,520,000 | $136,000 | $4,905,000 | $90,000 | $3,060,000 |
| Application Approved But Not Accepted | 1,038 | $200,250,000 | $192,000 | $2,105,000 | $116,000 | $1,108,000 |
| File Closed For Incompleteness | 493 | $93,085,000 | $188,000 | $2,255,000 | $123,000 | $1,332,000 |
| Loan Purchased By The Institution | 28 | $3,080,000 | $110,000 | $335,000 | $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 | 21,298 | $4,216,110,000 | $197,000 | $33,535,000 | $117,000 | $6,765,000 |
| Debt-To-Income Ratio | 816 | $92,260,000 | $113,000 | $4,005,000 | $60,000 | $428,000 |
| Collateral | 468 | $82,110,000 | $175,000 | $4,905,000 | $139,000 | $3,060,000 |
| Credit History | 352 | $44,510,000 | $126,000 | $1,405,000 | $89,000 | $622,000 |
| Other | 99 | $16,495,000 | $166,000 | $1,405,000 | $114,000 | $699,000 |
| Employment History | 45 | $6,115,000 | $135,000 | $435,000 | $57,000 | $186,000 |
| Insufficient Cash (Downpayment, Closing Cost) | 32 | $6,530,000 | $204,000 | $645,000 | $99,000 | $293,000 |
| Unverifiable Information | 7 | $685,000 | $97,000 | $165,000 | $66,000 | $153,000 |
| Credit Application Incomplete | 5 | $815,000 | $163,000 | $355,000 | $66,000 | $157,000 |
| Mortgage Insurance Denied | 0 | $0 | $0 | $0 | $0 | $0 |
Our comprehensive HMDA mortgage statistics provide invaluable insights into Lake Michigan Credit Union's 2019 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.