Lake Trust Credit Union mortgage approval rate & lending review
Lake Trust Credit Union decided 1,433 mortgage applications and funded 763 loans across the 616 counties Fat Boy Data covers, 2023–2025.
These are the decisions Lake Trust Credit Union reported under the Home Mortgage Disclosure Act, not its advertised interest rates.
Lake Trust Credit Union at a glance
Approval is 9.9 points below the 64.7% national rate for the same mix of loan types.
Approval rates by loan type
| Loan type | Approval | Approved | Taken up | Typical loan | Loans made |
|---|---|---|---|---|---|
| Home improvement loans | 54% | 572 / 1,053 | 97% | $45K | 553 |
| Cash-out refinance | 63% | 159 / 252 | 97% | $75K | 155 |
| Refinance | 44% | 51 / 116 | 100% | $45K | 51 |
Lake Trust Credit Union lending by state
| State | Approval | Typical loan | Decided | Loans made |
|---|---|---|---|---|
| Michigan | 55% | $45K | 1,433 | 763 |
Fat Boy Data covers 616 counties, 79.6% of the US population, not every county in every state. States with fewer than 20 decisions are not listed.Methodology.
Where Lake Trust Credit Union lends most
| County | Loan type | Approval | Decided | Loans made |
|---|---|---|---|---|
| Livingston County, MI | Home improvement loans | 61% | 280 | 170 |
| Washtenaw County, MI | Home improvement loans | 51% | 159 | 76 |
| Ingham County, MI | Home improvement loans | 58% | 123 | 69 |
| Eaton County, MI | Home improvement loans | 53% | 98 | 52 |
| Oakland County, MI | Home improvement loans | 49% | 86 | 41 |
| Ottawa County, MI | Home improvement loans | 58% | 77 | 41 |
| Livingston County, MI | Cash-out refinance | 72% | 54 | 37 |
| Wayne County, MI | Home improvement loans | 44% | 80 | 32 |
| Washtenaw County, MI | Cash-out refinance | 76% | 37 | 28 |
| Macomb County, MI | Home improvement loans | 52% | 48 | 25 |
| Wayne County, MI | Cash-out refinance | 46% | 46 | 20 |
| Eaton County, MI | Cash-out refinance | 59% | 22 | 12 |
The county markets where Lake Trust Credit Union made the most loans. Each link opens that market with every lender ranked.
Questions about Lake Trust Credit Union
What is Lake Trust Credit Union's mortgage approval rate?
Lake Trust Credit Union approved 54.8% of the 1,433 mortgage applications it decided across the 616 counties Fat Boy Data covers, 2023–2025, 9.9 points below the 64.7% national rate for the same mix of loan types.
How often do borrowers take the loan Lake Trust Credit Union offers?
Borrowers accepted 97% of the loans Lake Trust Credit Union approved, against 93% for all home improvement loan lenders nationally. A low take-up usually means the approved terms were not competitive.
What size loans does Lake Trust Credit Union make?
The typical home improvement loan loan Lake Trust Credit Union made was $45K; across all loan types its typical loan ran from $45K to $75K. HMDA reports amounts in $10,000 brackets, so these are midpoints.
Where does Lake Trust Credit Union lend?
Lake Trust Credit Union decided applications in 1 of the states Fat Boy Data covers, most of them in Michigan.
Can I apply to Lake Trust Credit Union directly?
Yes. Lake Trust Credit Union is a bank or credit union with 24 branches in the FDIC and NCUA registries, and it takes mortgage applications directly.
Does this page show Lake Trust Credit Union's interest rates?
No. HMDA filings record who applied, who was approved and how much was borrowed, not the rate offered. Use the approval rate and take-up here to judge how Lake Trust Credit Union treats applications, then get a rate quote from the lender.