Lake Michigan Credit Union
Mortgage Loan Application
Totals and Details
for 2021

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 31,010
Total Mortgage Loan Application Amount $7,377,250,000
Average Mortgage Loan Application Amount $188,833
Highest Mortgage Loan Application Amount $9,005,000
Average Applicant Income $112,000
Highest Applicant Income $7,868,000

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.

Mortgage Loan Application Totals for Lake Michigan Credit Union by County in 2021

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 9,102 $ 1,699,550,000 $ 186,000 $ 106,000
Ottawa County Michigan 4,309 $ 847,775,000 $ 196,000 $ 105,000
Oakland County Michigan 2,434 $ 862,350,000 $ 354,000 $ 174,000
Muskegon County Michigan 1,539 $ 243,595,000 $ 158,000 $ 83,000
Kalamazoo County Michigan 1,443 $ 290,585,000 $ 201,000 $ 114,000
Lee County Florida 1,317 $ 482,775,000 $ 366,000 $ 192,000
Wayne County Michigan 1,143 $ 280,725,000 $ 245,000 $ 128,000
Allegan County Michigan 1,022 $ 207,530,000 $ 203,000 $ 109,000
Collier County Florida 931 $ 434,495,000 $ 466,000 $ 242,000
Macomb County Michigan 758 $ 211,410,000 $ 278,000 $ 120,000
Grand Traverse County Michigan 630 $ 160,250,000 $ 254,000 $ 137,000
Washtenaw County Michigan 517 $ 175,945,000 $ 340,000 $ 156,000
Livingston County Michigan 490 $ 148,640,000 $ 303,000 $ 133,000
Barry County Michigan 484 $ 92,440,000 $ 190,000 $ 97,000
Charlotte County Florida 325 $ 103,255,000 $ 317,000 $ 140,000
Saginaw County Michigan 300 $ 46,380,000 $ 154,000 $ 84,000
Van Buren County Michigan 280 $ 59,410,000 $ 212,000 $ 109,000
Genesee County Michigan 279 $ 65,085,000 $ 233,000 $ 117,000
Leelanau County Michigan 256 $ 89,540,000 $ 349,000 $ 174,000
Newaygo County Michigan 247 $ 41,155,000 $ 166,000 $ 95,000
Ionia County Michigan 219 $ 36,485,000 $ 166,000 $ 90,000
Montcalm County Michigan 211 $ 35,925,000 $ 170,000 $ 93,000
Ingham County Michigan 120 $ 20,440,000 $ 170,000 $ 97,000
Charlevoix County Michigan 115 $ 35,485,000 $ 308,000 $ 218,000
Mecosta County Michigan 113 $ 24,255,000 $ 214,000 $ 110,000
Oceana County Michigan 112 $ 25,430,000 $ 227,000 $ 141,000
Lapeer County Michigan 100 $ 33,080,000 $ 330,000 $ 124,000
Benzie County Michigan 98 $ 25,080,000 $ 255,000 $ 144,000
Lake County Florida 88 $ 35,720,000 $ 405,000 $ 154,000
Berrien County Michigan 86 $ 26,290,000 $ 305,000 $ 167,000
Monroe County Michigan 82 $ 22,810,000 $ 278,000 $ 110,000
Antrim County Michigan 79 $ 22,665,000 $ 286,000 $ 182,000
St. Clair County Michigan 76 $ 22,260,000 $ 292,000 $ 117,000
Bay County Michigan 75 $ 15,235,000 $ 203,000 $ 90,000
Calhoun County Michigan 75 $ 12,575,000 $ 167,000 $ 98,000
Clinton County Michigan 73 $ 18,205,000 $ 249,000 $ 131,000
Sarasota County Florida 64 $ 27,170,000 $ 424,000 $ 187,000
Orange County Florida 55 $ 26,475,000 $ 481,000 $ 239,000
Jackson County Michigan 55 $ 12,755,000 $ 231,000 $ 121,000
Eaton County Michigan 54 $ 11,970,000 $ 221,000 $ 102,000
Hillsborough County Florida 52 $ 19,910,000 $ 382,000 $ 202,000
Emmet County Michigan 50 $ 15,550,000 $ 311,000 $ 278,000
Mason County Michigan 49 $ 12,765,000 $ 260,000 $ 152,000
St. Joseph County Michigan 48 $ 10,670,000 $ 222,000 $ 115,000
Midland County Michigan 44 $ 10,450,000 $ 237,000 $ 155,000
Lake County Michigan 42 $ 5,980,000 $ 142,000 $ 121,000
Kalkaska County Michigan 40 $ 5,850,000 $ 146,000 $ 113,000
Manistee County Michigan 38 $ 7,960,000 $ 209,000 $ 112,000
Roscommon County Michigan 36 $ 6,610,000 $ 183,000 $ 123,000
Wexford County Michigan 35 $ 6,995,000 $ 199,000 $ 128,000
Manatee County Florida 33 $ 24,475,000 $ 741,000 $ 283,000
Pinellas County Florida 30 $ 10,980,000 $ 366,000 $ 207,000
Palm Beach County Florida 29 $ 18,875,000 $ 650,000 $ 380,000
Cass County Michigan 29 $ 5,555,000 $ 191,000 $ 112,000
Lenawee County Michigan 29 $ 7,345,000 $ 253,000 $ 311,000
Cheboygan County Michigan 27 $ 7,395,000 $ 273,000 $ 271,000
Shiawassee County Michigan 27 $ 5,045,000 $ 186,000 $ 83,000
Osceola County Michigan 25 $ 3,495,000 $ 139,000 $ 80,000
Cook County Illinois 24 $ 6,660,000 $ 277,000 $ 144,000
Pasco County Florida 22 $ 8,750,000 $ 397,000 $ 198,000
Clare County Michigan 20 $ 2,660,000 $ 133,000 $ 87,000
Iosco County Michigan 20 $ 3,790,000 $ 189,000 $ 232,000
Isabella County Michigan 19 $ 2,805,000 $ 147,000 $ 82,000
Otsego County Michigan 19 $ 4,775,000 $ 251,000 $ 160,000
Gladwin County Michigan 17 $ 2,515,000 $ 147,000 $ 143,000
Sanilac County Michigan 16 $ 4,140,000 $ 258,000 $ 144,000
Sumter County Florida 15 $ 3,845,000 $ 256,000 $ 100,000
Ogemaw County Michigan 15 $ 3,325,000 $ 221,000 $ 172,000
St. Johns County Florida 14 $ 5,730,000 $ 409,000 $ 213,000
Mackinac County Michigan 13 $ 2,225,000 $ 171,000 $ 113,000
Tuscola County Michigan 13 $ 2,555,000 $ 196,000 $ 90,000
Missaukee County Michigan 12 $ 3,230,000 $ 269,000 $ 129,000
Martin County Florida 11 $ 8,075,000 $ 734,000 $ 241,000
Volusia County Florida 11 $ 4,025,000 $ 365,000 $ 145,000
Crawford County Michigan 11 $ 2,145,000 $ 195,000 $ 102,000
Huron County Michigan 11 $ 2,495,000 $ 226,000 $ 148,000
Polk County Florida 10 $ 3,180,000 $ 318,000 $ 213,000
Branch County Michigan 10 $ 3,960,000 $ 396,000 $ 203,000
Hendry County Florida 9 $ 3,235,000 $ 359,000 $ 113,000
Marquette County Michigan 9 $ 2,185,000 $ 242,000 $ 166,000
Brevard County Florida 8 $ 2,230,000 $ 278,000 $ 196,000
Duval County Florida 8 $ 2,860,000 $ 357,000 $ 134,000
Presque Isle County Michigan 8 $ 2,640,000 $ 330,000 $ 170,000
Marion County Florida 7 $ 2,405,000 $ 343,000 $ 196,000
Monroe County Florida 7 $ 2,375,000 $ 339,000 $ 129,000
Osceola County Florida 7 $ 1,925,000 $ 275,000 $ 183,000
Seminole County Florida 7 $ 2,025,000 $ 289,000 $ 124,000
DuPage County Illinois 7 $ 2,665,000 $ 380,000 $ 251,000
Arenac County Michigan 7 $ 1,115,000 $ 159,000 $ 113,000
Chippewa County Michigan 7 $ 1,175,000 $ 167,000 $ 129,000
Oscoda County Michigan 7 $ 1,175,000 $ 167,000 $ 103,000
Lucas County Ohio 7 $ 1,475,000 $ 210,000 $ 129,000
Miami-Dade County Florida 6 $ 3,720,000 $ 620,000 $ 639,000
Hamilton County Indiana 6 $ 1,210,000 $ 201,000 $ 137,000
Lake County Indiana 6 $ 1,240,000 $ 206,000 $ 74,000
St. Joseph County Indiana 6 $ 1,420,000 $ 236,000 $ 133,000
Delta County Michigan 6 $ 1,060,000 $ 176,000 $ 136,000
Houghton County Michigan 6 $ 1,840,000 $ 306,000 $ 173,000
Broward County Florida 5 $ 1,445,000 $ 289,000 $ 171,000
Flagler County Florida 5 $ 1,775,000 $ 355,000 $ 191,000
Alger County Michigan 5 $ 1,085,000 $ 217,000 $ 119,000
Cuyahoga County Ohio 5 $ 1,065,000 $ 213,000 $ 174,000
Alachua County Florida 4 $ 1,260,000 $ 315,000 $ 290,000
St. Lucie County Florida 4 $ 1,400,000 $ 350,000 $ 161,000
Allen County Indiana 4 $ 1,120,000 $ 280,000 $ 215,000
Marion County Indiana 4 $ 690,000 $ 172,000 $ 97,000
Alcona County Michigan 4 $ 1,150,000 $ 287,000 $ 223,000
Schoolcraft County Michigan 4 $ 790,000 $ 197,000 $ 67,000
Wood County Ohio 4 $ 810,000 $ 202,000 $ 63,000
Indian River County Florida 3 $ 1,505,000 $ 501,000 $ 198,000
Okaloosa County Florida 3 $ 895,000 $ 298,000 $ 128,000
Lake County Illinois 3 $ 775,000 $ 258,000 $ 177,000
Alpena County Michigan 3 $ 395,000 $ 131,000 $ 99,000
Gratiot County Michigan 3 $ 1,385,000 $ 461,000 $ 98,000
Racine County Wisconsin 3 $ 615,000 $ 205,000 $ 145,000
Waukesha County Wisconsin 3 $ 1,005,000 $ 335,000 $ 139,000
Citrus County Florida 2 $ 580,000 $ 290,000 $ 73,000
Leon County Florida 2 $ 280,000 $ 140,000 $ 67,000
Wakulla County Florida 2 $ 480,000 $ 240,000 $ 79,000
Walton County Florida 2 $ 1,730,000 $ 865,000 $ 260,000
Peoria County Illinois 2 $ 280,000 $ 140,000 $ 119,000
Will County Illinois 2 $ 500,000 $ 250,000 $ 125,000
Bartholomew County Indiana 2 $ 290,000 $ 145,000 $ 181,000
Elkhart County Indiana 2 $ 330,000 $ 165,000 $ 91,000
Hendricks County Indiana 2 $ 280,000 $ 140,000 $ 86,000
Hillsdale County Michigan 2 $ 370,000 $ 185,000 $ 92,000
Luce County Michigan 2 $ 540,000 $ 270,000 $ 117,000
Ontonagon County Michigan 2 $ 170,000 $ 85,000 $ 76,000
Butler County Ohio 2 $ 360,000 $ 180,000 $ 179,000
Seneca County Ohio 2 $ 250,000 $ 125,000 $ 164,000
Stark County Ohio 2 $ 350,000 $ 175,000 $ 74,000
Summit County Ohio 2 $ 270,000 $ 135,000 $ 59,000
Dane County Wisconsin 2 $ 2,360,000 $ 1,180,000 $ 691,000
Milwaukee County Wisconsin 2 $ 400,000 $ 200,000 $ 91,000
Clay County Florida 1 $ 155,000 $ 155,000 $ 614,000
DeSoto County Florida 1 $ 325,000 $ 325,000 $ 119,000
Glades County Florida 1 $ 275,000 $ 275,000 $ 165,000
Hernando County Florida 1 $ 155,000 $ 155,000 $ 71,000
Highlands County Florida 1 $ 145,000 $ 145,000 $ 46,000
Putnam County Florida 1 $ 205,000 $ 205,000 $ 69,000
Santa Rosa County Florida 1 $ 595,000 $ 595,000 $ 331,000
Boone County Illinois 1 $ 125,000 $ 125,000 $ 36,000
DeKalb County Illinois 1 $ 75,000 $ 75,000 $ 53,000
Kane County Illinois 1 $ 245,000 $ 245,000 $ 30,000
Kendall County Illinois 1 $ 345,000 $ 345,000 $ 63,000
Morgan County Illinois 1 $ 155,000 $ 155,000 $ 58,000
Rock Island County Illinois 1 $ 285,000 $ 285,000 $ 0
Dearborn County Indiana 1 $ 245,000 $ 245,000 $ 52,000
Grant County Indiana 1 $ 145,000 $ 145,000 $ 26,000
LaPorte County Indiana 1 $ 115,000 $ 115,000 $ 55,000
Madison County Indiana 1 $ 105,000 $ 105,000 $ 57,000
Porter County Indiana 1 $ 245,000 $ 245,000 $ 85,000
Starke County Indiana 1 $ 115,000 $ 115,000 $ 165,000
Vanderburgh County Indiana 1 $ 85,000 $ 85,000 $ 76,000
Vigo County Indiana 1 $ 365,000 $ 365,000 $ 27,000
Wabash County Indiana 1 $ 195,000 $ 195,000 $ 180,000
White County Indiana 1 $ 195,000 $ 195,000 $ 58,000
Baraga County Michigan 1 $ 375,000 $ 375,000 $ 137,000
Dickinson County Michigan 1 $ 175,000 $ 175,000 $ 79,000
Iron County Michigan 1 $ 175,000 $ 175,000 $ 92,000
Keweenaw County Michigan 1 $ 65,000 $ 65,000 $ 10,000
Montmorency County Michigan 1 $ 175,000 $ 175,000 $ 126,000
Wake County North Carolina 1 $ 185,000 $ 185,000 $ 226,000
Delaware County Ohio 1 $ 135,000 $ 135,000 $ 117,000
Hamilton County Ohio 1 $ 105,000 $ 105,000 $ 78,000
Lake County Ohio 1 $ 95,000 $ 95,000 $ 99,000
Lorain County Ohio 1 $ 105,000 $ 105,000 $ 51,000
Medina County Ohio 1 $ 145,000 $ 145,000 $ 80,000
Montgomery County Ohio 1 $ 95,000 $ 95,000 $ 49,000
Warren County Ohio 1 $ 115,000 $ 115,000 $ 228,000
Eau Claire County Wisconsin 1 $ 355,000 $ 355,000 $ 148,000
Forest County Wisconsin 1 $ 115,000 $ 115,000 $ 86,000
Kenosha County Wisconsin 1 $ 215,000 $ 215,000 $ 58,000
Manitowoc County Wisconsin 1 $ 165,000 $ 165,000 $ 127,000
Sawyer County Wisconsin 1 $ 195,000 $ 195,000 $ 165,000
Washington County Wisconsin 1 $ 415,000 $ 415,000 $ 223,000

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 2021

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 12,419 $4,079,025,000 $328,000 $4,065,000 $141,000 $4,667,000
Refinancing 9,236 $1,951,180,000 $211,000 $3,005,000 $118,000 $7,868,000
Cash-out Refinancing 4,042 $929,940,000 $230,000 $9,005,000 $106,000 $1,966,000
Home Improvement 3,964 $264,860,000 $66,000 $1,505,000 $118,000 $5,802,000
Other Purpose 1,272 $137,610,000 $108,000 $3,185,000 $119,000 $2,144,000
Not Applicable 77 $14,635,000 $190,000 $505,000 $70,000 $116,000

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 21,299 $5,040,395,000 $236,000 $4,065,000 $123,000 $7,868,000
Not Provided 7,274 $1,752,960,000 $240,000 $3,755,000 $139,000 $4,667,000
Hispanic 923 $189,605,000 $205,000 $1,195,000 $99,000 $907,000
Black or African American 661 $130,445,000 $197,000 $1,295,000 $99,000 $840,000
Asian 562 $161,210,000 $286,000 $2,005,000 $128,000 $1,200,000
Not applicable 130 $60,490,000 $465,000 $9,005,000 $0 $0
American Indian or Alaskan Native 77 $16,215,000 $210,000 $2,005,000 $108,000 $628,000
Native Hawaiian or Other Pacific Islander 7 $665,000 $95,000 $195,000 $67,000 $112,000

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) 30,001 $7,167,265,000 $238,000 $9,005,000 $128,000 $7,868,000
FHA-insured (Federal Housing Administration) 729 $135,595,000 $186,000 $395,000 $62,000 $380,000
VA-guaranteed (Veterans Administration) 216 $61,630,000 $285,000 $1,095,000 $91,000 $423,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 64 $12,760,000 $199,000 $355,000 $62,000 $110,000

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 23,810 $5,745,080,000 $241,000 $9,005,000 $126,000 $7,868,000
Application Withdrawn By Applicant 3,511 $986,495,000 $280,000 $3,755,000 $138,000 $4,350,000
Application Denied By Financial Institution 1,902 $309,540,000 $162,000 $2,005,000 $98,000 $1,287,000
File Closed For Incompleteness 1,104 $225,560,000 $204,000 $2,755,000 $124,000 $1,536,000
Application Approved But Not Accepted 608 $96,060,000 $157,000 $1,585,000 $121,000 $1,843,000
Loan Purchased By The Institution 75 $14,515,000 $193,000 $505,000 $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 29,108 $7,067,710,000 $242,000 $9,005,000 $128,000 $7,868,000
Debt-To-Income Ratio 731 $115,915,000 $158,000 $2,005,000 $59,000 $542,000
Collateral 659 $108,985,000 $165,000 $1,775,000 $136,000 $1,287,000
Credit History 303 $37,215,000 $122,000 $1,725,000 $94,000 $912,000
Other 105 $23,645,000 $225,000 $1,925,000 $160,000 $648,000
Employment History 76 $16,540,000 $217,000 $765,000 $63,000 $313,000
Insufficient Cash (Downpayment, Closing Cost) 15 $4,335,000 $289,000 $545,000 $111,000 $303,000
Unverifiable Information 12 $2,500,000 $208,000 $445,000 $96,000 $216,000
Credit Application Incomplete 1 $405,000 $405,000 $405,000 $185,000 $185,000
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.

Download the Michigan Lender List