PlainLender
2024 data HMDA 2024 disclosure official source

Berrien County

6,626 mortgage applications, 19.8% denial rate. Verify FIPS 26021 with U.S. Census Bureau →

PlainLender home → About this data

Michigan · FIPS 26021

Local mortgage market. Berrien County, Michigan saw 6,626 HMDA-reported mortgage applications in 2024. Lenders originated 3,644 of those loans and denied 1,310, producing a denial rate of 19.8% and an approval (origination) rate of 55.0%. The average loan amount was $192,830 at an average note rate of 7.57%, with applicants self-reporting average annual income of $36K. 250 distinct institutions reported mortgage activity in this county.

Borrower leverage and affordability signal. The loan-to-income ratio averages 5.4x, meaning typical borrowers took on mortgages of about 5.4 times their annual income. That ratio is a rough affordability signal: higher multiples imply tighter monthly budgets and greater exposure to rate or income shocks. See our methodology for how to read the denial rate against a local applicant pool.

FIPS 26021 · CFPB HMDA 2024 Snapshot National Loan-Level Dataset. See our disclaimer before acting on this data.

6,626
Applications
3,644
Originated
19.8%
Denial Rate
55.0%
Approval Rate
$192,830
Avg Loan Amount
7.57%
Avg Interest Rate
$36K
Avg Applicant Income
5.4x
Loan-to-Income Ratio

Nearby Lenders in Berrien County

Top HMDA-reporting lenders active in this county. Compare any two side-by-side for rates, denial rates, and loan mix.

# Lender Originated Market Share
1 United Federal Credit Union 662 18.2%
2 Honor Credit Union 497 13.6%
3 Rocket Mortgage 226 6.2%
4 Fifth Third Bank, National Association 149 4.1%
5 Huntington National Bank 132 3.6%
Compare United Federal Credit Union vs Honor Credit Union →

Frequently Asked Questions

How many mortgage applications were filed in Berrien County?
In the 2024 HMDA reporting year, 6,626 mortgage applications were filed in Berrien County, Michigan. Of these, 3,644 were originated (approved and funded), while 1,310 were denied, resulting in a denial rate of 19.8%.
What is the mortgage denial rate in Berrien County?
The mortgage denial rate in Berrien County is 19.8%. The approval (origination) rate is 55.0%, reflecting originated loans as a share of all applications.
What is the average mortgage loan amount in Berrien County?
The average mortgage loan amount in Berrien County is $192,830. The average interest rate is 7.569%. The average applicant income is $36K.
What is the loan-to-income ratio in Berrien County?
The average loan-to-income ratio in Berrien County is 5.4x, meaning borrowers took on loans averaging 5.4 times their annual income. This reflects average borrower profiles for mortgages processed in this county.
Who are the top mortgage lenders in Berrien County?
The top mortgage lenders in Berrien County by origination volume are United Federal Credit Union, Honor Credit Union, Rocket Mortgage. In total, 250 lenders reported mortgage activity in this county.
Where does this mortgage data come from?
This data comes from the CFPB HMDA 2024 Snapshot National Loan-Level Dataset, a mandatory federal disclosure dataset covering all mortgage applications filed with HMDA-reporting institutions. County boundaries are identified by FIPS codes.

Source: Consumer Financial Protection Bureau (CFPB), Home Mortgage Disclosure Act (HMDA) 2024. County FIPS codes per U.S. Census Bureau standards.

Data from FFIEC / CFPB HMDA Snapshot National Loan-Level Dataset (2024). Provided for informational purposes only.

Read our methodology - how this data is sourced, computed, and verified.

Every figure on PlainLender is rendered directly from CFPB HMDA federal source data, no number is typed in by an editor. This page draws directly on CFPB HMDA federal source data, no figure is typed in by an editor. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error.