Lender in Florida · HMDA 2025
Lake Michigan Credit Union mortgages in Florida
Lake Michigan Credit Union's 2025 home-purchase and refinance lending in Florida, compared with all lenders in the state.
Lake Michigan Credit Union originated 630 owner-occupied single-family loans in Florida from 680 completed applications.
Its median conventional purchase loan costs were $6,860 versus $6,760 for all Florida lenders, at a median 30-year fixed rate of 6.375% (Florida: 6.625%).
Loans in FL
630
of 680 applications
Denial rate
5.8%
Purchase · FL 12.8%
Rate spread
−0.07 pts
Conv. · FL +0.14 pts
Loan amount
$465,000
Purchase · FL $345,000
By loan purpose
| Purpose | Applications | Loans | Denial rate | 30-yr rate* | Rate spread* | Loan costs* | Median loan |
|---|---|---|---|---|---|---|---|
| Home purchase | 617 | 578 | 5.8% | 6.375% | −0.07 pts | $6,860 | $465,000 |
| Refinance | 44 | 40 | 6.8% | — | −0.19 pts | $5,250 | $415,000 |
| Cash-out refinance | 19 | 12 | — | — | — | — | — |
*Conventional loans only; medians with at least 20 loans.
Florida counties where Lake Michigan Credit Union ranks in the top 25
| County | Rank | Loans | Market share |
|---|---|---|---|
| Collier County | 6 | 128 | 2.9% |
| Charlotte County | 12 | 62 | 1.4% |
| Lee County | 13 | 213 | 1.5% |
| Glades County | 15 | 2 | 2.2% |
| DeSoto County | 25 | 2 | 0.9% |
Source: FFIEC/CFPB HMDA 2025 public LAR. Statistical profile, not a review or offer. Methodology