Applications / Mortgage Analytics / Lenders / Michigan / North Central Area Credit Union
Houghton Lake, MI · Credit union · NCUA · 125 loans in 2025
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125
loans originated, 2025
134
applications, 2025
1
states and territories
0
gaps bigger than at similar lenders
Our analysis, 2025
North Central Area Credit Union, of Houghton Lake, Michigan, filed its first HMDA report in 2025, and much of its lending went to manufactured homes and to borrowers of modest means.
Its 125 loans in 2025 are the first it has reported, so there is no earlier year to compare with. They were spread across 19 counties, all in Michigan. Similar lenders (credit unions making between half and twice as many loans) grew 8%.
Just over half its loans, 51.2%, were for purposes other than buying, refinancing or improving a home. Purchases were 24.0% and refinancing 19.2%. Manufactured homes made up 11.2% of its loans, against 0.0% at similar lenders, and its typical loan was $75,000, against $105,000.
Low- and moderate-income (LMI) borrowers took 42.6% of its loans, against 29.3% at similar lenders, more than at four in five of them. None of its loans was higher-priced (a rate well above the average for similar loans).
Non-metro Michigan is its largest market; it ranks 130 of 606 lenders there. In Grand Rapids-Wyoming-Kentwood it ranks 141 of 436, with 0.1% of the market. Lake Michigan Credit Union leads there.
Similar lenders: same lender type, originations between half and twice the lender's in the data year. Written from the 2025 HMDA data and checked figure by figure against it.
FIG. 1 — LOANS ORIGINATED, 2025–2025
Originated means the loan was made: applications denied, withdrawn or not accepted are not counted. North Central Area Credit Union took 134 applications in 2025.
SOURCE: FFIEC HMDA, LOANS ORIGINATED (ACTION TAKEN: LOAN ORIGINATED)
FIG. 2 — PRODUCT MIX, 2025
Other 51.2% · Purchase 24.0% · Refinance 19.2% · Home improvement 5.6%
Conventional 100.0% · of 125 loans. Purchase: buying a home. Refinance: replacing an existing mortgage, including cash-out. FHA: insured by the Federal Housing Administration. VA: guaranteed by the Department of Veterans Affairs. Conventional: neither.
SOURCE: FFIEC HMDA 2025, LOANS ORIGINATED
Where it lends, 2025
| State | Loans | Share |
|---|---|---|
| Michigan | 125 | 100.0% |
Largest metro areas, 2025
| Metro area | Loans |
|---|---|
| Grand Rapids-Wyoming-Kentwood | 16 |
| Saginaw | 3 |
| Bay City | 2 |
| Warren-Troy-Farmington Hills | 2 |
| Traverse City | 1 |
Identifiers
| LEI (Legal Entity Identifier, the global company code HMDA has used since 2018) | 254900DIWCHEQWZ9GV45 | 2025–2025 |
Established 1 January 1956. Reported under HMDA in 2025.
Mergers, name changes, data editions and corrections: North Central Area Credit Union's data.
North Central Area Credit Union's data
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North Central Area Credit Union and its peers, 2018–2025: every application in the HMDA data, cleaned and corrected, as Parquet files, with the Jenner programs that made these pages.
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