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2024 data HMDA 2024 disclosure official source

Kalkaska County

748 mortgage applications, 17.6% denial rate. Verify FIPS 26079 with U.S. Census Bureau →

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Michigan · FIPS 26079

Local mortgage market. Kalkaska County, Michigan saw 748 HMDA-reported mortgage applications in 2024. Lenders originated 426 of those loans and denied 132, producing a denial rate of 17.6% and an approval (origination) rate of 57.0%. The average loan amount was $188,289 at an average note rate of 7.32%, with applicants self-reporting average annual income of $37K. 98 distinct institutions reported mortgage activity in this county.

Borrower leverage and affordability signal. The loan-to-income ratio averages 5.1x, meaning typical borrowers took on mortgages of about 5.1 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 26079 · CFPB HMDA 2024 Snapshot National Loan-Level Dataset. See our disclaimer before acting on this data.

748
Applications
426
Originated
17.6%
Denial Rate
57.0%
Approval Rate
$188,289
Avg Loan Amount
7.32%
Avg Interest Rate
$37K
Avg Applicant Income
5.1x
Loan-to-Income Ratio

Nearby Lenders in Kalkaska 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 Rocket Mortgage 54 12.7%
2 United Wholesale Mortgage 46 10.8%
3 Huntington National Bank 39 9.2%
4 4front Credit Union 35 8.2%
5 Lake Michigan Credit Union 17 4.0%
Compare Rocket Mortgage vs United Wholesale Mortgage →

Frequently Asked Questions

How many mortgage applications were filed in Kalkaska County?
In the 2024 HMDA reporting year, 748 mortgage applications were filed in Kalkaska County, Michigan. Of these, 426 were originated (approved and funded), while 132 were denied, resulting in a denial rate of 17.6%.
What is the mortgage denial rate in Kalkaska County?
The mortgage denial rate in Kalkaska County is 17.6%. The approval (origination) rate is 57.0%, reflecting originated loans as a share of all applications.
What is the average mortgage loan amount in Kalkaska County?
The average mortgage loan amount in Kalkaska County is $188,289. The average interest rate is 7.324%. The average applicant income is $37K.
What is the loan-to-income ratio in Kalkaska County?
The average loan-to-income ratio in Kalkaska County is 5.1x, meaning borrowers took on loans averaging 5.1 times their annual income. This reflects average borrower profiles for mortgages processed in this county.
Who are the top mortgage lenders in Kalkaska County?
The top mortgage lenders in Kalkaska County by origination volume are Rocket Mortgage, United Wholesale Mortgage, Huntington National Bank. In total, 98 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.