Lake Michigan Credit Union
Mortgage Loan Application
Totals and Details
for 2008
Find mortgage loan statistics, lending data, and loan application totals for Michigan.
The mortgage statistics and data below are specific to mortgage loan applications for Lake Michigan Credit Union.
Search for mortgage lenders by state, county, or metropolitan area
and explore the loan application details and stats broken down by several loan categories from 2003-2022.
| Mortgage Company & Address | Lake Michigan Credit Union Po Box 2848 Grand Rapids, MI 49501 Tel #: available with data download |
| Federal Regulator | * available with data download |
| Years | 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 | 6,161 |
| Total Mortgage Loan Application Amount | $761,831,000 |
| Average Mortgage Loan Application Amount | $108,333 |
| Highest Mortgage Loan Application Amount | $1,200,000 |
| Average Applicant Income | $74,666 |
| Highest Applicant Income | $4,707,000 |
Overall mortgage application loan totals and averages for this lender are provided for each year by county, metro area, and the entire US.
The loan data is broken down by loan purpose, loan type, applicant race, application outcome, and denial reason. With this information, you can get a detailed view of locations
where the mortgage lender is actively processing applications as well as the types and outcomes of loans from these applications.
As you search for mortgage loan stats and lending data in MI, the totals and averages will help you understand where the lender does business as well as the volume of business they do.
| 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 | 3,260 | $ 348,606,000 | $ 106,000 | $ 71,000 |
| Ottawa County Michigan | 774 | $ 94,115,000 | $ 121,000 | $ 75,000 |
| Allegan County Michigan | 175 | $ 20,632,000 | $ 117,000 | $ 74,000 |
| Barry County Michigan | 96 | $ 12,683,000 | $ 132,000 | $ 84,000 |
| Montcalm County Michigan | 80 | $ 9,709,000 | $ 121,000 | $ 82,000 |
| Muskegon County Michigan | 76 | $ 8,176,000 | $ 107,000 | $ 64,000 |
| Newaygo County Michigan | 71 | $ 7,523,000 | $ 105,000 | $ 72,000 |
| Franklin County Ohio | 35 | $ 7,373,000 | $ 210,000 | $ 115,000 |
| Ionia County Michigan | 34 | $ 3,407,000 | $ 100,000 | $ 56,000 |
| Cuyahoga County Ohio | 34 | $ 8,082,000 | $ 237,000 | $ 166,000 |
| Kalamazoo County Michigan | 30 | $ 3,802,000 | $ 126,000 | $ 93,000 |
| Stark County Ohio | 27 | $ 4,041,000 | $ 149,000 | $ 79,000 |
| Mecosta County Michigan | 20 | $ 1,893,000 | $ 94,000 | $ 71,000 |
| Fairfax County Virginia | 19 | $ 8,359,000 | $ 439,000 | $ 177,000 |
| Lake County Michigan | 18 | $ 1,583,000 | $ 87,000 | $ 110,000 |
| Oakland County Michigan | 18 | $ 4,783,000 | $ 265,000 | $ 221,000 |
| Lake County Ohio | 18 | $ 3,576,000 | $ 198,000 | $ 96,000 |
| Geauga County Ohio | 16 | $ 4,286,000 | $ 267,000 | $ 165,000 |
| Summit County Ohio | 16 | $ 3,176,000 | $ 198,000 | $ 117,000 |
| Oceana County Michigan | 14 | $ 1,826,000 | $ 130,000 | $ 77,000 |
| Loudoun County Virginia | 14 | $ 5,847,000 | $ 417,000 | $ 154,000 |
| Hamilton County Ohio | 13 | $ 3,277,000 | $ 252,000 | $ 113,000 |
| Portage County Ohio | 13 | $ 2,643,000 | $ 203,000 | $ 84,000 |
| Grand Traverse County Michigan | 12 | $ 2,223,000 | $ 185,000 | $ 154,000 |
| Bucks County Pennsylvania | 12 | $ 3,295,000 | $ 274,000 | $ 131,000 |
| Delaware County Ohio | 10 | $ 2,805,000 | $ 280,000 | $ 197,000 |
| Mahoning County Ohio | 10 | $ 2,111,000 | $ 211,000 | $ 135,000 |
| Union County Ohio | 10 | $ 2,145,000 | $ 214,000 | $ 100,000 |
| Montgomery County Pennsylvania | 9 | $ 2,607,000 | $ 289,000 | $ 104,000 |
| Berrien County Michigan | 8 | $ 2,295,000 | $ 286,000 | $ 100,000 |
| Washtenaw County Michigan | 8 | $ 2,274,000 | $ 284,000 | $ 173,000 |
| Arlington County Virginia | 8 | $ 3,378,000 | $ 422,000 | $ 175,000 |
| Ingham County Michigan | 7 | $ 1,436,000 | $ 205,000 | $ 88,000 |
| Manistee County Michigan | 7 | $ 828,000 | $ 118,000 | $ 78,000 |
| Lucas County Ohio | 7 | $ 1,527,000 | $ 218,000 | $ 129,000 |
| Montgomery County Maryland | 6 | $ 3,381,000 | $ 563,000 | $ 160,000 |
| Philadelphia County Pennsylvania | 6 | $ 1,576,000 | $ 262,000 | $ 93,000 |
| Eaton County Michigan | 5 | $ 456,000 | $ 91,000 | $ 46,000 |
| Livingston County Michigan | 5 | $ 1,679,000 | $ 335,000 | $ 170,000 |
| Wayne County Michigan | 5 | $ 1,864,000 | $ 372,000 | $ 196,000 |
| Lorain County Ohio | 5 | $ 1,066,000 | $ 213,000 | $ 90,000 |
| Alexandria County Virginia | 5 | $ 1,884,000 | $ 376,000 | $ 125,000 |
| Prince William County Virginia | 5 | $ 1,679,000 | $ 335,000 | $ 123,000 |
| Hamilton County Indiana | 4 | $ 855,000 | $ 213,000 | $ 84,000 |
| St. Joseph County Indiana | 4 | $ 557,000 | $ 139,000 | $ 96,000 |
| Antrim County Michigan | 4 | $ 604,000 | $ 151,000 | $ 83,000 |
| Gratiot County Michigan | 4 | $ 350,000 | $ 87,000 | $ 119,000 |
| Leelanau County Michigan | 4 | $ 601,000 | $ 150,000 | $ 76,000 |
| Mason County Michigan | 4 | $ 524,000 | $ 131,000 | $ 82,000 |
| Chester County Pennsylvania | 4 | $ 1,012,000 | $ 253,000 | $ 113,000 |
| Alameda County California | 3 | $ 1,289,000 | $ 429,000 | $ 100,000 |
| Benzie County Michigan | 3 | $ 318,000 | $ 106,000 | $ 141,000 |
| Calhoun County Michigan | 3 | $ 179,000 | $ 59,000 | $ 67,000 |
| Clare County Michigan | 3 | $ 273,000 | $ 91,000 | $ 46,000 |
| Kalkaska County Michigan | 3 | $ 230,000 | $ 76,000 | $ 116,000 |
| Macomb County Michigan | 3 | $ 441,000 | $ 147,000 | $ 91,000 |
| Van Buren County Michigan | 3 | $ 524,000 | $ 174,000 | $ 97,000 |
| Butler County Ohio | 3 | $ 525,000 | $ 175,000 | $ 90,000 |
| Medina County Ohio | 3 | $ 483,000 | $ 161,000 | $ 119,000 |
| Wayne County Ohio | 3 | $ 404,000 | $ 134,000 | $ 77,000 |
| Contra Costa County California | 2 | $ 987,000 | $ 493,000 | $ 131,000 |
| Marion County Indiana | 2 | $ 189,000 | $ 94,000 | $ 47,000 |
| Calvert County Maryland | 2 | $ 1,350,000 | $ 675,000 | $ 2,450,000 |
| St. Mary's County Maryland | 2 | $ 784,000 | $ 392,000 | $ 263,000 |
| Charlevoix County Michigan | 2 | $ 393,000 | $ 196,000 | $ 130,000 |
| Clinton County Michigan | 2 | $ 134,000 | $ 67,000 | $ 67,000 |
| Genesee County Michigan | 2 | $ 290,000 | $ 145,000 | $ 69,000 |
| Isabella County Michigan | 2 | $ 251,000 | $ 125,000 | $ 52,000 |
| Jackson County Michigan | 2 | $ 280,000 | $ 140,000 | $ 65,000 |
| Osceola County Michigan | 2 | $ 278,000 | $ 139,000 | $ 138,000 |
| Otsego County Michigan | 2 | $ 255,000 | $ 127,000 | $ 106,000 |
| Wexford County Michigan | 2 | $ 253,000 | $ 126,000 | $ 53,000 |
| Mecklenburg County North Carolina | 2 | $ 1,208,000 | $ 604,000 | $ 250,000 |
| Champaign County Ohio | 2 | $ 224,000 | $ 112,000 | $ 58,000 |
| Clinton County Ohio | 2 | $ 227,000 | $ 113,000 | $ 69,000 |
| Fairfield County Ohio | 2 | $ 618,000 | $ 309,000 | $ 145,000 |
| Trumbull County Ohio | 2 | $ 492,000 | $ 246,000 | $ 162,000 |
| Warren County Ohio | 2 | $ 818,000 | $ 409,000 | $ 182,000 |
| Los Angeles County California | 1 | $ 444,000 | $ 444,000 | $ 99,000 |
| Marin County California | 1 | $ 484,000 | $ 484,000 | $ 147,000 |
| Napa County California | 1 | $ 417,000 | $ 417,000 | $ 140,000 |
| Stanislaus County California | 1 | $ 200,000 | $ 200,000 | $ 44,000 |
| Tuolumne County California | 1 | $ 252,000 | $ 252,000 | $ 194,000 |
| Lee County Florida | 1 | $ 417,000 | $ 417,000 | $ 705,000 |
| Delaware County Indiana | 1 | $ 57,000 | $ 57,000 | $ 72,000 |
| Elkhart County Indiana | 1 | $ 168,000 | $ 168,000 | $ 61,000 |
| Franklin County Indiana | 1 | $ 140,000 | $ 140,000 | $ 106,000 |
| Lake County Indiana | 1 | $ 720,000 | $ 720,000 | $ 247,000 |
| Porter County Indiana | 1 | $ 444,000 | $ 444,000 | $ 371,000 |
| Kenton County Kentucky | 1 | $ 158,000 | $ 158,000 | $ 53,000 |
| Frederick County Maryland | 1 | $ 270,000 | $ 270,000 | $ 108,000 |
| Howard County Maryland | 1 | $ 1,000,000 | $ 1,000,000 | $ 483,000 |
| Alger County Michigan | 1 | $ 105,000 | $ 105,000 | $ 51,000 |
| Arenac County Michigan | 1 | $ 80,000 | $ 80,000 | $ 177,000 |
| Cass County Michigan | 1 | $ 417,000 | $ 417,000 | $ 193,000 |
| Cheboygan County Michigan | 1 | $ 306,000 | $ 306,000 | $ 147,000 |
| Delta County Michigan | 1 | $ 182,000 | $ 182,000 | $ 144,000 |
| Emmet County Michigan | 1 | $ 127,000 | $ 127,000 | $ 134,000 |
| Iosco County Michigan | 1 | $ 20,000 | $ 20,000 | $ 122,000 |
| Mackinac County Michigan | 1 | $ 68,000 | $ 68,000 | $ 66,000 |
| Marquette County Michigan | 1 | $ 98,000 | $ 98,000 | $ 80,000 |
| Missaukee County Michigan | 1 | $ 90,000 | $ 90,000 | $ 70,000 |
| Monroe County Michigan | 1 | $ 171,000 | $ 171,000 | $ 99,000 |
| Montmorency County Michigan | 1 | $ 17,000 | $ 17,000 | $ 32,000 |
| Saginaw County Michigan | 1 | $ 35,000 | $ 35,000 | $ 80,000 |
| Schoolcraft County Michigan | 1 | $ 134,000 | $ 134,000 | $ 122,000 |
| Shiawassee County Michigan | 1 | $ 108,000 | $ 108,000 | $ 22,000 |
| St. Joseph County Michigan | 1 | $ 26,000 | $ 26,000 | $ 134,000 |
| Tuscola County Michigan | 1 | $ 138,000 | $ 138,000 | $ 84,000 |
| Washoe County Nevada | 1 | $ 320,000 | $ 320,000 | $ 93,000 |
| Guilford County North Carolina | 1 | $ 665,000 | $ 665,000 | $ 385,000 |
| Wake County North Carolina | 1 | $ 417,000 | $ 417,000 | $ 160,000 |
| Carroll County Ohio | 1 | $ 150,000 | $ 150,000 | $ 154,000 |
| Greene County Ohio | 1 | $ 200,000 | $ 200,000 | $ 101,000 |
| Hancock County Ohio | 1 | $ 156,000 | $ 156,000 | $ 74,000 |
| Highland County Ohio | 1 | $ 115,000 | $ 115,000 | $ 60,000 |
| Licking County Ohio | 1 | $ 417,000 | $ 417,000 | $ 127,000 |
| Logan County Ohio | 1 | $ 112,000 | $ 112,000 | $ 81,000 |
| Madison County Ohio | 1 | $ 206,000 | $ 206,000 | $ 92,000 |
| Pickaway County Ohio | 1 | $ 182,000 | $ 182,000 | $ 84,000 |
| Richland County Ohio | 1 | $ 127,000 | $ 127,000 | $ 87,000 |
| Seneca County Ohio | 1 | $ 250,000 | $ 250,000 | $ 102,000 |
| Allegheny County Pennsylvania | 1 | $ 143,000 | $ 143,000 | $ 106,000 |
| Beaver County Pennsylvania | 1 | $ 127,000 | $ 127,000 | $ 60,000 |
| Lancaster County Pennsylvania | 1 | $ 112,000 | $ 112,000 | $ 29,000 |
| Lawrence County Pennsylvania | 1 | $ 240,000 | $ 240,000 | $ 121,000 |
| Westmoreland County Pennsylvania | 1 | $ 222,000 | $ 222,000 | $ 85,000 |
| Williamson County Tennessee | 1 | $ 387,000 | $ 387,000 | $ 120,000 |
| Winchester County Virginia | 1 | $ 100,000 | $ 100,000 | $ 35,000 |
The mortgage data stats below are displayed in sortable categories such as loan purpose, race of mortgage applicant, loan type, the outcome of the application, and reason for denial.
Each category breaks down the total number of mortgage applications, the total dollar amount for those applications, the average mortgage amount, the highest mortgage loan applied for within that category,
the average income of the mortgage applicants, and the highest income of the mortgage applicants.
You can also download the entire list of mortgage lenders along with their aggregated lending data for the state of Michigan,
and search the same numbers and information back through 2003.
Mortgage Loan Application Detail Totals for Lake Michigan Credit Union in 2008
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 | 2,572 | $381,366,000 | $148,000 | $1,200,000 | $76,000 | $1,022,000 |
| Home Purchase | 2,366 | $337,051,000 | $142,000 | $1,000,000 | $72,000 | $4,707,000 |
| Home Improvement | 1,223 | $43,414,000 | $35,000 | $250,000 | $76,000 | $480,000 |
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 | 4,543 | $568,569,000 | $125,000 | $1,200,000 | $77,000 | $4,707,000 |
| Not Provided | 1,148 | $136,094,000 | $118,000 | $800,000 | $71,000 | $1,800,000 |
| Hispanic | 232 | $23,119,000 | $99,000 | $750,000 | $54,000 | $707,000 |
| Black or African American | 117 | $13,185,000 | $112,000 | $600,000 | $66,000 | $336,000 |
| Asian | 88 | $15,206,000 | $172,000 | $990,000 | $74,000 | $213,000 |
| American Indian or Alaskan Native | 14 | $2,022,000 | $144,000 | $404,000 | $74,000 | $212,000 |
| Not applicable | 13 | $2,886,000 | $222,000 | $417,000 | $156,000 | $602,000 |
| Native Hawaiian or Other Pacific Islander | 6 | $750,000 | $125,000 | $180,000 | $90,000 | $110,000 |
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) | 5,861 | $725,654,000 | $123,000 | $1,200,000 | $76,000 | $4,707,000 |
| FHA-insured (Federal Housing Administration) | 297 | $35,837,000 | $120,000 | $271,000 | $49,000 | $212,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) | 2 | $265,000 | $132,000 | $175,000 | $49,000 | $80,000 |
| VA-guaranteed (Veterans Administration) | 1 | $75,000 | $75,000 | $75,000 | $121,000 | $121,000 |
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 | 2,714 | $280,967,000 | $103,000 | $1,000,000 | $77,000 | $1,022,000 |
| Application Withdrawn By Applicant | 1,035 | $132,120,000 | $127,000 | $600,000 | $72,000 | $886,000 |
| Preapproval Denied by Financial Institution | 580 | $68,657,000 | $118,000 | $640,000 | $51,000 | $480,000 |
| Application Denied By Financial Institution | 524 | $53,432,000 | $101,000 | $1,200,000 | $58,000 | $996,000 |
| File Closed For Incompleteness | 467 | $61,478,000 | $131,000 | $850,000 | $69,000 | $452,000 |
| Preapproval Approved but not Accepted | 412 | $52,805,000 | $128,000 | $688,000 | $59,000 | $432,000 |
| Loan Purchased By The Institution | 410 | $111,115,000 | $271,000 | $1,000,000 | $149,000 | $4,707,000 |
| Application Approved But Not Accepted | 19 | $1,257,000 | $66,000 | $201,000 | $75,000 | $205,000 |
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 | 431 | $53,593,000 | $124,000 | $640,000 | $55,000 | $480,000 |
| Credit History | 252 | $26,414,000 | $104,000 | $1,200,000 | $56,000 | $996,000 |
| Debt-To-Income Ratio | 220 | $18,745,000 | $85,000 | $328,000 | $45,000 | $140,000 |
| Collateral | 155 | $18,104,000 | $116,000 | $304,000 | $63,000 | $145,000 |
| Other | 13 | $1,593,000 | $122,000 | $250,000 | $67,000 | $148,000 |
| Insufficient Cash (Downpayment, Closing Cost) | 11 | $1,302,000 | $118,000 | $164,000 | $59,000 | $103,000 |
| Unverifiable Information | 8 | $1,019,000 | $127,000 | $196,000 | $57,000 | $79,000 |
| Employment History | 8 | $702,000 | $87,000 | $150,000 | $42,000 | $94,000 |
| Mortgage Insurance Denied | 5 | $570,000 | $114,000 | $160,000 | $38,000 | $75,000 |
These totals and details for mortgage applications will give you a better idea of what to expect when researching mortgage lenders. Whether you are looking for a home loan, for home refinancing, or for home improvement loan statistics, we have the information you need. This mortgage loan data gives you everything you need to know as you start your search for the best lenders in MI, and gives you an idea of what the best mortgage lenders really are.
If you prefer, you can download a copy of the entire list of mortgage lenders in Michigan, and search similar information at your convenience.