Grade A · 0% of disclosures flagged for junk fees
Credit Union · Michigan · NMLS #999788
Avg Closing Costs
$3,641
median across reports
vs. National Average
12%
above national avg
Avg Origination Charge
$1,605
Section A lender fee
Reports with Junk Fees
0%
of submitted reports
| Fee Category | This Lender (avg) | National Avg | Verdict |
|---|---|---|---|
| Title Insurance | $2,667 | $3,301 | 🟢 Below Avg |
| Origination Fee | $1,605 | $1,587 | 🟡 Average |
| discount_points | $1,243 | $2,207 | 🟢 Below Avg |
| Underwriting Fee | $1,238 | $1,512 | 🟢 Below Avg |
| lender_credits | $963 | $393 | 🔺 High |
| Appraisal | $912 | $1,096 | 🟢 Below Avg |
| Settlement/Closing Fee | $825 | $1,008 | 🟢 Below Avg |
| Processing Fee | $655 | $822 | 🟢 Below Avg |
| Title Search | $325 | $400 | 🟢 Below Avg |
| Recording Fee | $287 | $353 | 🟢 Below Avg |
| Rate Lock Fee | $242 | $370 | 🟢 Below Avg |
| Document Preparation | $203 | $154 | 🔴 Above Avg |
| Tax Service Fee | $107 | $133 | 🟢 Below Avg |
| Credit Report | $58 | $70 | 🟢 Below Avg |
| Wire Transfer Fee | $57 | $70 | 🟢 Below Avg |
| Courier/Delivery | $49 | $60 | 🟢 Below Avg |
| Flood Certification | $20 | $24 | 🟢 Below Avg |
Got a Loan Estimate from Lake Michigan Credit Union? See if your rate and fees are competitive.
Check My Loan Estimate — $19Based on 9,560 homebuyer-submitted Closing Disclosures, Lake Michigan Credit Union's median total closing costs are $3,641. This is about 12% above the $3,254 national peer median for comparable lenders. Actual costs vary by loan type, loan amount, property state, and individual borrower profile. This data is informational only and not financial advice.
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How to Read Your Closing Disclosure
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Average Closing Costs by State
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Closing Costs in Michigan
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Federal data snapshot (2025)
In 2025, Lake Michigan Credit Union originated 6,874 purchase loans with median closing costs of $3,877.
See 2025 HMDA market data for Lake Michigan Credit Union →Popular Refinance Pages
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This content is for informational purposes only and does not constitute legal, financial, or tax advice. Consult a licensed professional for advice specific to your situation.