Lake Michigan Credit Union
Mortgage Loan Application
Totals and Details
for 2009
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 | 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 |
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 | 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 |
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 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 |
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.