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Emmet County, Michigan
Mortgage lending record for properties in the county, calendar year 2024.
HMDA data alone cannot be used to determine whether a lender is complying with fair lending laws. The data do not include some legitimate credit risk considerations for loan approval and loan pricing decisions. Cells under 25 applications are withheld.
Emmet County, Michigan, saw 1,119 HMDA-reported applications and 672 originations ($254m) in 2024.
That is 44.2 originations per 1,000 households, against 50.6 for Michigan and 48.0 nationally.
The county's denial rate was 23.4%, close to the state rate of 23.9%. The median rate spread on originated loans was 0.4 percentage points and 12.4% of originations were 1.5 points or more above the average prime offer rate.
8 lenders reached 25 applications in the county; the most active by originations were Mercantile Bank (158), Huntington National Bank (69) and Rocket Mortgage (46).
Originations were up 24% on 2023.
Most active lenders
| # | Lender | Applications | Originations | Amount | Denial rate | Median spread |
|---|---|---|---|---|---|---|
| 1 | Mercantile Bank | 200 | 158 | $50m | 7.1% | — |
| 2 | Huntington National Bank | 129 | 69 | $17m | 38.1% | — |
| 3 | Rocket Mortgage | 57 | 46 | $11m | 13.2% | — |
| 4 | 4front Credit Union | 79 | 38 | $5.0m | 15.6% | — |
| 5 | United Wholesale Mortgage | 40 | 29 | $12m | 17.1% | — |
| 6 | Lake Michigan Credit Union | 27 | 20 | $9.1m | — | — |
| 7 | Fifth Third Bank, National Association | 37 | 17 | $5.9m | 40.0% | — |
| 8 | 21st Mortgage | 36 | 8 | $1.3m | 71.4% | — |
Lenders with at least 25 applications in the county, by originations; up to 40 shown of 8. Denial rate is denials over decided applications in this county.
Compared with Michigan and the nation
| Measure | This county | Michigan | United States |
|---|---|---|---|
| Denial rate | 23.4% | 23.9% | 24.3% |
| Median rate spread, pp | 0.4 | 0.5 | 0.3 |
| Originations with spread of 1.5 pp or more | 12.4% | 18.4% | 15.6% |
| Average originated loan | $378k | $212k | $329k |
| Originations per 1,000 households | 44.2 | 50.6 | 48.0 |
| Home purchase share of originations | 48.1% | 51.2% | 57.0% |
| FHA-insured share | 5.5% | 10.0% | 13.4% |
| VA-guaranteed share | 3.0% | 4.5% | 7.9% |
Rate spread distribution
Share of 605 originated loans with a reported rate spread, by spread over the average prime offer rate (outlined bar: Michigan). Loans at 1.5 points or more on a first lien are what Regulation C calls higher-priced.
Loan purpose and loan type
By purpose
Home purchase 48% (323)Home improvement 13% (84)Refinancing 13% (90)Cash-out refinancing 14% (97)Other purpose 12% (78)
By type
Conventional 91% (613)FHA 6% (37)VA 3% (20)USDA 0% (2)
Trend by year
ApplicationsOriginations
This countyMichigan
Questions and answers
Which lenders are most active in Emmet County, MI?
By 2024 originations: Mercantile Bank (158), Huntington National Bank (69), Rocket Mortgage (46), 4front Credit Union (38), United Wholesale Mortgage (29). 8 lenders had at least 25 applications in the county.
What is the mortgage denial rate in Emmet County?
23.4% of decided applications were denied in 2024, against 23.9% across Michigan and 24.3% nationally.
How many mortgages were originated in Emmet County in 2024?
672 loans totalling $254m, from 1,119 applications; 44.2 originations per 1,000 households.
Where does this data come from?
From the 2024 public HMDA loan/application register (FFIEC and CFPB), by property county; households from the Census Bureau American Community Survey 2024 five-year estimates.
Provenance
Source: HMDA public loan/application register 2022, 2023, 2024 (FFIEC and CFPB, public domain), records with a property in county FIPS 26047; households and population from the U.S. Census Bureau (ACS 2024 five-year estimates; Vintage 2024 population estimates). Built 30 Sep 2026; data through 1 Aug 2026. See methodology and corrections.