Lake Michigan Credit Union
Mortgage Loan Application
Totals and Details
for 2016
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 | 17,210 |
| Total Mortgage Loan Application Amount | $3,283,323,000 |
| Average Mortgage Loan Application Amount | $156,000 |
| Highest Mortgage Loan Application Amount | $3,000,000 |
| Average Applicant Income | $101,666 |
| Highest Applicant Income | $3,291,000 |
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 | 5,653 | $ 918,552,000 | $ 162,000 | $ 92,000 |
| Ottawa County Michigan | 2,425 | $ 423,550,000 | $ 174,000 | $ 89,000 |
| Oakland County Michigan | 1,599 | $ 468,239,000 | $ 292,000 | $ 147,000 |
| Kalamazoo County Michigan | 1,194 | $ 224,521,000 | $ 188,000 | $ 105,000 |
| Wayne County Michigan | 821 | $ 169,553,000 | $ 206,000 | $ 109,000 |
| Muskegon County Michigan | 598 | $ 82,871,000 | $ 138,000 | $ 83,000 |
| Allegan County Michigan | 595 | $ 103,535,000 | $ 174,000 | $ 96,000 |
| Grand Traverse County Michigan | 486 | $ 113,554,000 | $ 233,000 | $ 115,000 |
| Genesee County Michigan | 424 | $ 78,539,000 | $ 185,000 | $ 103,000 |
| Macomb County Michigan | 387 | $ 86,348,000 | $ 223,000 | $ 108,000 |
| Livingston County Michigan | 253 | $ 73,393,000 | $ 290,000 | $ 125,000 |
| Barry County Michigan | 229 | $ 36,726,000 | $ 160,000 | $ 82,000 |
| Saginaw County Michigan | 198 | $ 24,114,000 | $ 121,000 | $ 70,000 |
| Van Buren County Michigan | 198 | $ 34,515,000 | $ 174,000 | $ 92,000 |
| Washtenaw County Michigan | 156 | $ 48,617,000 | $ 311,000 | $ 145,000 |
| Leelanau County Michigan | 152 | $ 45,791,000 | $ 301,000 | $ 160,000 |
| Lee County Florida | 140 | $ 35,594,000 | $ 254,000 | $ 133,000 |
| Montcalm County Michigan | 109 | $ 12,623,000 | $ 115,000 | $ 79,000 |
| Antrim County Michigan | 98 | $ 22,831,000 | $ 232,000 | $ 154,000 |
| Newaygo County Michigan | 97 | $ 11,819,000 | $ 121,000 | $ 82,000 |
| Ionia County Michigan | 88 | $ 13,394,000 | $ 152,000 | $ 81,000 |
| Collier County Florida | 83 | $ 33,686,000 | $ 405,000 | $ 167,000 |
| Charlevoix County Michigan | 79 | $ 16,402,000 | $ 207,000 | $ 243,000 |
| Oceana County Michigan | 64 | $ 11,399,000 | $ 178,000 | $ 116,000 |
| Lapeer County Michigan | 54 | $ 10,866,000 | $ 201,000 | $ 97,000 |
| Berrien County Michigan | 47 | $ 6,796,000 | $ 144,000 | $ 88,000 |
| Calhoun County Michigan | 47 | $ 7,173,000 | $ 152,000 | $ 96,000 |
| Benzie County Michigan | 46 | $ 8,099,000 | $ 176,000 | $ 122,000 |
| Ingham County Michigan | 44 | $ 8,175,000 | $ 185,000 | $ 115,000 |
| St. Clair County Michigan | 44 | $ 8,957,000 | $ 203,000 | $ 90,000 |
| Emmet County Michigan | 41 | $ 10,588,000 | $ 258,000 | $ 164,000 |
| St. Joseph County Michigan | 41 | $ 5,200,000 | $ 126,000 | $ 89,000 |
| Kalkaska County Michigan | 40 | $ 5,375,000 | $ 134,000 | $ 68,000 |
| Midland County Michigan | 37 | $ 5,586,000 | $ 150,000 | $ 95,000 |
| Bay County Michigan | 36 | $ 4,464,000 | $ 124,000 | $ 99,000 |
| Mason County Michigan | 33 | $ 5,478,000 | $ 166,000 | $ 128,000 |
| Mecosta County Michigan | 30 | $ 3,064,000 | $ 102,000 | $ 86,000 |
| Monroe County Michigan | 28 | $ 5,967,000 | $ 213,000 | $ 102,000 |
| Wexford County Michigan | 28 | $ 3,727,000 | $ 133,000 | $ 80,000 |
| Manistee County Michigan | 25 | $ 3,559,000 | $ 142,000 | $ 120,000 |
| Jackson County Michigan | 20 | $ 3,415,000 | $ 170,000 | $ 95,000 |
| Lake County Michigan | 20 | $ 1,868,000 | $ 93,000 | $ 90,000 |
| Cook County Illinois | 19 | $ 4,923,000 | $ 259,000 | $ 107,000 |
| Cass County Michigan | 19 | $ 2,862,000 | $ 150,000 | $ 86,000 |
| Clinton County Michigan | 18 | $ 3,859,000 | $ 214,000 | $ 113,000 |
| Eaton County Michigan | 17 | $ 2,984,000 | $ 175,000 | $ 88,000 |
| Charlotte County Florida | 16 | $ 3,409,000 | $ 213,000 | $ 118,000 |
| Otsego County Michigan | 15 | $ 2,260,000 | $ 150,000 | $ 118,000 |
| Shiawassee County Michigan | 13 | $ 2,303,000 | $ 177,000 | $ 90,000 |
| Cheboygan County Michigan | 12 | $ 2,707,000 | $ 225,000 | $ 277,000 |
| Isabella County Michigan | 11 | $ 1,480,000 | $ 134,000 | $ 86,000 |
| Osceola County Michigan | 11 | $ 1,478,000 | $ 134,000 | $ 524,000 |
| Sarasota County Florida | 10 | $ 2,163,000 | $ 216,000 | $ 125,000 |
| Tuscola County Michigan | 9 | $ 1,347,000 | $ 149,000 | $ 77,000 |
| Broward County Florida | 8 | $ 2,421,000 | $ 302,000 | $ 201,000 |
| Iosco County Michigan | 8 | $ 953,000 | $ 119,000 | $ 218,000 |
| Missaukee County Michigan | 8 | $ 1,310,000 | $ 163,000 | $ 93,000 |
| Lake County Florida | 7 | $ 1,234,000 | $ 176,000 | $ 61,000 |
| Gladwin County Michigan | 7 | $ 702,000 | $ 100,000 | $ 113,000 |
| Gratiot County Michigan | 7 | $ 875,000 | $ 125,000 | $ 195,000 |
| Roscommon County Michigan | 7 | $ 1,082,000 | $ 154,000 | $ 78,000 |
| Hamilton County Ohio | 7 | $ 1,673,000 | $ 239,000 | $ 167,000 |
| Orange County Florida | 6 | $ 1,230,000 | $ 205,000 | $ 88,000 |
| Crawford County Michigan | 6 | $ 888,000 | $ 148,000 | $ 149,000 |
| Lenawee County Michigan | 6 | $ 1,065,000 | $ 177,000 | $ 85,000 |
| Hillsborough County Florida | 5 | $ 1,675,000 | $ 335,000 | $ 293,000 |
| DuPage County Illinois | 5 | $ 1,977,000 | $ 395,000 | $ 274,000 |
| Marquette County Michigan | 5 | $ 1,161,000 | $ 232,000 | $ 112,000 |
| Sanilac County Michigan | 5 | $ 1,371,000 | $ 274,000 | $ 134,000 |
| Franklin County Ohio | 5 | $ 827,000 | $ 165,000 | $ 113,000 |
| Lucas County Ohio | 5 | $ 1,228,000 | $ 245,000 | $ 132,000 |
| Waukesha County Wisconsin | 5 | $ 3,997,000 | $ 799,000 | $ 320,000 |
| Manatee County Florida | 4 | $ 1,483,000 | $ 370,000 | $ 138,000 |
| Pinellas County Florida | 4 | $ 1,115,000 | $ 278,000 | $ 218,000 |
| Kane County Illinois | 4 | $ 1,124,000 | $ 281,000 | $ 111,000 |
| Will County Illinois | 4 | $ 839,000 | $ 209,000 | $ 152,000 |
| St. Joseph County Indiana | 4 | $ 419,000 | $ 104,000 | $ 126,000 |
| Arenac County Michigan | 4 | $ 384,000 | $ 96,000 | $ 81,000 |
| Branch County Michigan | 4 | $ 627,000 | $ 156,000 | $ 112,000 |
| Clare County Michigan | 4 | $ 517,000 | $ 129,000 | $ 97,000 |
| Mackinac County Michigan | 4 | $ 385,000 | $ 96,000 | $ 95,000 |
| Ogemaw County Michigan | 4 | $ 398,000 | $ 99,000 | $ 88,000 |
| Presque Isle County Michigan | 4 | $ 620,000 | $ 155,000 | $ 76,000 |
| Cuyahoga County Ohio | 4 | $ 100,000 | $ 25,000 | $ 69,000 |
| Brevard County Florida | 3 | $ 1,610,000 | $ 536,000 | $ 191,000 |
| Palm Beach County Florida | 3 | $ 673,000 | $ 224,000 | $ 66,000 |
| Lake County Illinois | 3 | $ 696,000 | $ 232,000 | $ 105,000 |
| Marion County Indiana | 3 | $ 306,000 | $ 102,000 | $ 52,000 |
| Hillsdale County Michigan | 3 | $ 367,000 | $ 122,000 | $ 79,000 |
| Huron County Michigan | 3 | $ 478,000 | $ 159,000 | $ 102,000 |
| Luce County Michigan | 3 | $ 372,000 | $ 124,000 | $ 72,000 |
| Montmorency County Michigan | 3 | $ 277,000 | $ 92,000 | $ 108,000 |
| Duval County Florida | 2 | $ 318,000 | $ 159,000 | $ 127,000 |
| Seminole County Florida | 2 | $ 207,000 | $ 103,000 | $ 50,000 |
| St. Johns County Florida | 2 | $ 1,107,000 | $ 553,000 | $ 118,000 |
| St. Lucie County Florida | 2 | $ 281,000 | $ 140,000 | $ 87,000 |
| Kendall County Illinois | 2 | $ 227,000 | $ 113,000 | $ 53,000 |
| McHenry County Illinois | 2 | $ 433,000 | $ 216,000 | $ 100,000 |
| Allen County Indiana | 2 | $ 550,000 | $ 275,000 | $ 325,000 |
| Elkhart County Indiana | 2 | $ 240,000 | $ 120,000 | $ 63,000 |
| Franklin County Indiana | 2 | $ 221,000 | $ 110,000 | $ 707,000 |
| Hamilton County Indiana | 2 | $ 431,000 | $ 215,000 | $ 118,000 |
| Alcona County Michigan | 2 | $ 246,000 | $ 123,000 | $ 122,000 |
| Alpena County Michigan | 2 | $ 140,000 | $ 70,000 | $ 37,000 |
| Chippewa County Michigan | 2 | $ 249,000 | $ 124,000 | $ 58,000 |
| Dickinson County Michigan | 2 | $ 120,000 | $ 60,000 | $ 157,000 |
| Houghton County Michigan | 2 | $ 97,000 | $ 48,000 | $ 108,000 |
| Oscoda County Michigan | 2 | $ 201,000 | $ 100,000 | $ 103,000 |
| Butler County Ohio | 2 | $ 314,000 | $ 157,000 | $ 58,000 |
| Warren County Ohio | 2 | $ 662,000 | $ 331,000 | $ 135,000 |
| Milwaukee County Wisconsin | 2 | $ 314,000 | $ 157,000 | $ 71,000 |
| Shelby County Alabama | 1 | $ 98,000 | $ 98,000 | $ 48,000 |
| Los Angeles County California | 1 | $ 2,100,000 | $ 2,100,000 | $ 677,000 |
| San Diego County California | 1 | $ 547,000 | $ 547,000 | $ 274,000 |
| Alachua County Florida | 1 | $ 192,000 | $ 192,000 | $ 50,000 |
| Hernando County Florida | 1 | $ 50,000 | $ 50,000 | $ 61,000 |
| Martin County Florida | 1 | $ 275,000 | $ 275,000 | $ 72,000 |
| Miami-Dade County Florida | 1 | $ 309,000 | $ 309,000 | $ 178,000 |
| Osceola County Florida | 1 | $ 239,000 | $ 239,000 | $ 56,000 |
| Santa Rosa County Florida | 1 | $ 222,000 | $ 222,000 | $ 192,000 |
| Volusia County Florida | 1 | $ 112,000 | $ 112,000 | $ 80,000 |
| Warren County Illinois | 1 | $ 121,000 | $ 121,000 | $ 68,000 |
| Bartholomew County Indiana | 1 | $ 156,000 | $ 156,000 | $ 77,000 |
| Blackford County Indiana | 1 | $ 130,000 | $ 130,000 | $ 40,000 |
| Grant County Indiana | 1 | $ 86,000 | $ 86,000 | $ 56,000 |
| Huntington County Indiana | 1 | $ 280,000 | $ 280,000 | $ 135,000 |
| LaPorte County Indiana | 1 | $ 115,000 | $ 115,000 | $ 101,000 |
| Putnam County Indiana | 1 | $ 98,000 | $ 98,000 | $ 59,000 |
| Steuben County Indiana | 1 | $ 282,000 | $ 282,000 | $ 82,000 |
| Vigo County Indiana | 1 | $ 261,000 | $ 261,000 | $ 127,000 |
| Whitley County Indiana | 1 | $ 84,000 | $ 84,000 | $ 37,000 |
| Worcester County Massachusetts | 1 | $ 155,000 | $ 155,000 | $ 22,000 |
| Delta County Michigan | 1 | $ 55,000 | $ 55,000 | $ 49,000 |
| Schoolcraft County Michigan | 1 | $ 120,000 | $ 120,000 | $ 184,000 |
| Clermont County Ohio | 1 | $ 506,000 | $ 506,000 | $ 150,000 |
| Delaware County Ohio | 1 | $ 365,000 | $ 365,000 | $ 123,000 |
| Lorain County Ohio | 1 | $ 18,000 | $ 18,000 | $ 60,000 |
| Mahoning County Ohio | 1 | $ 152,000 | $ 152,000 | $ 55,000 |
| Virginia Beach County Virginia | 1 | $ 285,000 | $ 285,000 | $ 0 |
| Dane County Wisconsin | 1 | $ 250,000 | $ 250,000 | $ 273,000 |
| Green County Wisconsin | 1 | $ 160,000 | $ 160,000 | $ 52,000 |
| Racine County Wisconsin | 1 | $ 385,000 | $ 385,000 | $ 360,000 |
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 2016
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 | 9,792 | $2,045,488,000 | $208,000 | $3,000,000 | $102,000 | $3,291,000 |
| Refinancing | 5,988 | $1,135,726,000 | $189,000 | $2,750,000 | $108,000 | $2,598,000 |
| Home Improvement | 1,430 | $102,109,000 | $71,000 | $1,470,000 | $95,000 | $1,171,000 |
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 | 13,759 | $2,640,441,000 | $191,000 | $3,000,000 | $103,000 | $2,905,000 |
| Not Provided | 2,272 | $403,463,000 | $177,000 | $2,100,000 | $115,000 | $3,291,000 |
| Asian | 469 | $116,443,000 | $248,000 | $1,080,000 | $112,000 | $547,000 |
| Hispanic | 318 | $53,046,000 | $166,000 | $841,000 | $83,000 | $717,000 |
| Black or African American | 317 | $54,957,000 | $173,000 | $1,300,000 | $88,000 | $845,000 |
| American Indian or Alaskan Native | 31 | $4,028,000 | $129,000 | $316,000 | $69,000 | $200,000 |
| Not applicable | 24 | $7,419,000 | $309,000 | $1,068,000 | $0 | $0 |
| Native Hawaiin or Other Pacific Islander | 20 | $3,526,000 | $176,000 | $417,000 | $80,000 | $178,000 |
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) | 15,716 | $3,066,363,000 | $195,000 | $3,000,000 | $108,000 | $3,291,000 |
| FHA-insured (Federal Housing Administration) | 1,085 | $146,513,000 | $135,000 | $358,000 | $54,000 | $240,000 |
| VA-guaranteed (Veterans Administration) | 269 | $53,264,000 | $198,000 | $627,000 | $70,000 | $478,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) | 140 | $17,183,000 | $122,000 | $216,000 | $44,000 | $78,000 |
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 | 12,902 | $2,508,035,000 | $194,000 | $2,750,000 | $104,000 | $2,590,000 |
| Application Withdrawn By Applicant | 2,275 | $445,996,000 | $196,000 | $3,000,000 | $112,000 | $3,291,000 |
| Application Approved But Not Accepted | 905 | $150,356,000 | $166,000 | $2,000,000 | $102,000 | $1,245,000 |
| Application Denied By Financial Institution | 901 | $147,030,000 | $163,000 | $1,400,000 | $84,000 | $1,200,000 |
| File Closed For Incompleteness | 223 | $31,161,000 | $139,000 | $1,300,000 | $93,000 | $600,000 |
| Loan Purchased By The Institution | 4 | $745,000 | $186,000 | $285,000 | $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 | 266 | $55,910,000 | $210,000 | $1,120,000 | $110,000 | $718,000 |
| Debt-To-Income Ratio | 176 | $36,070,000 | $204,000 | $960,000 | $69,000 | $390,000 |
| Credit History | 130 | $23,290,000 | $179,000 | $950,000 | $93,000 | $1,200,000 |
| Employment History | 33 | $4,494,000 | $136,000 | $376,000 | $66,000 | $300,000 |
| Insufficient Cash (Downpayment, Closing Cost) | 18 | $2,202,000 | $122,000 | $272,000 | $55,000 | $131,000 |
| Other | 15 | $2,462,000 | $164,000 | $478,000 | $82,000 | $237,000 |
| Unverifiable Information | 4 | $2,062,000 | $515,000 | $1,400,000 | $288,000 | $912,000 |
| Credit Application Incomplete | 0 | $0 | $0 | $0 | $0 | $0 |
| Mortgage Insurance Denied | 0 | $0 | $0 | $0 | $0 | $0 |
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.