Local lending intelligence · HMDA 2023–2025
Mortgage and lending data for Monroe County, Michigan
Every institution that decided a 1–4 unit mortgage application in Monroe County between 2023 and 2025: 12,869 applications, 9,512 loans actually funded, across 8 kinds of borrowing.
Monroe County at a glance
12,869Applications decided
2023–2025
9,512Loans funded
74% of decisions
40Census tracts
15 ZIP codes
155,001People
ACS 2023
What the data shows
The typical purchase mortgage here is $215K.
Lending by loan type in Monroe County
| Loan type | Approval | Decided | Typical loan | Taken up | Lenders |
|---|---|---|---|---|---|
| Mortgage lenders | 82.6% | 6,530 | $215K | 94% | 232 |
| Home improvement loans | 69.7% | 2,019 | $55K | 96% | 89 |
| Cash-out refinance | 72.0% | 2,122 | $125K | 95% | 142 |
| Refinance | 80.0% | 1,791 | $125K | 95% | 134 |
| Investment property purchase | 82.0% | 217 | $135K | 94% | 78 |
| Investment cash-out refinance | 67.4% | 95 | $125K | 94% | 41 |
| Investment refinance | 80.7% | 62 | $65K | 98% | 23 |
| Investment home improvement | 45.5% | 33 | $65K | 87% | 17 |
Approval is the share of decided applications lenders approved; taken up is the share of approvals borrowers accepted. How the numbers work.