Alcona County MI
Mortgage Loan Application
Totals and Details
for 2007

Find mortgage statistics and lending data for the Alcona County MI metro area.
With the lists below, you can explore the total number of mortgage applications and mortgage lending details for 2003-2022.
We provide overall totals and averages for each year, as well as numbers for the highest application amount and the highest applicant income.
If you live near Alcona County MI, this may help give you an idea of what you might find when you begin your mortgage research. Use the mortgage lender list and statistics below to gain valuable insights.

Years 2022  2021  2020  2019  2018  2017  2016  2015  2014  2013  2012  2011  2010  2009  2008  2007  2006  2005  2004  2003  
Total Number of Mortgage Applications 691
Total Mortgage Loan Application Amount $76,921,000
Average Mortgage Loan Application Amount $111,000
Highest Mortgage Loan Application Amount $805,000
Average Applicant Income $68,000
Highest Applicant Income $664,000

Mortgage Company List for Lending in Alcona County MI for 2007

* Phone Numbers for Mortgage Lenders are available with a Data Download Report
Mortgage Lender Phone Number Mortgage Lender Assets Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loan Applications
COUNTRYWIDE HOME LOANS
30930 RUSSELL RANCH ROAD MS WLRR-148
WESTLAKE VILLAGE, CA 91362
* $ 199,946,230,000 55 $ 6,147,000
GMAC MORTGAGE LLC
1100 VIRGINIA DRIVE
FT. WASHINGTON, PA 19034
* $ 31,000,000 38 $ 3,711,000
JPMORGAN CHASE BANK, NA
1111 POLARIS PARKWAY
COLUMBUS, OH 43240
* $ 1,179,390,000,000 34 $ 4,583,000
NATIONAL CITY BANK
1900 E NINTH ST LOC 01-3144
CLEVELAND, OH 44114
* $ 134,344,792,000 28 $ 3,257,000
COUNTRYWIDE BANK FSB
30930 RUSSELL RANCH ROAD MS CA6-916-02-0
WESTLAKE VILLAGE, CA 91362
* $ 92,836,714,000 28 $ 3,311,000
CITIZENS BANK
328 S SAGINAW ST
FLINT, MI 48502
* $ 7,516,604,000 23 $ 2,683,000
INDEPENDENT MORTGAGE CO
230 W MAIN ST
IONIA, MI 48846
* $ 15,000,000 23 $ 2,480,000
LASALLE BANK MIDWEST, NA
2600 WEST BIG BEAVER ROAD
TROY, MI 48084
* $ 49,751,517,000 22 $ 2,869,000
CITIMORTGAGE, INC
601 LEXINGTON AVENUE, 20TH FLOOR
NEW YORK, NY 10022
* $ 1,019,497,000,000 17 $ 1,619,000
FLAGSTAR BANK
5151 CORPORATE DR
TROY, MI 48098
* $ 15,464,820,000 17 $ 1,833,000
WASHINGTON MUTUAL BANK
227 EAST AVENUE
ALBION, NY 14411
* $ 345,610,758,000 15 $ 2,601,000
HFC COMPANY LLC
26525 NORTH RIVERWOODS BLVD.
METTAWA, IL 60045
* $ 15,000,000 15 $ 1,137,000
CITIFINANCIAL, INC.
300 ST. PAUL PLACE
BALTIMORE, MD 21202
* $ 1,494,037,000,000 15 $ 772,000
FIRST NATIONAL BANK OF AMERICA
241 EAST SAGINAW
EAST LANSING, MI 48823
* $ 390,576,000 14 $ 486,000
HOME LOAN INVESTMENT BANK
ONE HOME LOAN PLAZA
WARWICK, RI 02886
* $ 254,471,000 12 $ 1,102,000
EMBRACE HOME LOANS, INC.
25 ENTERPRISE CENTER
MIDDLETOWN, RI 02842
* $ 10,000,000 11 $ 693,000
INDEPENDENT BANK
4200 EAST BELTLINE
GRAND RAPIDS, MI 49525
* $ 1,427,550,000 11 $ 337,000
BANK OF AMERICA, N.A.
4500 PARK GRANADA
CALABASAS, CA 91302
* $ 1,196,123,794,000 9 $ 975,000
WELLS FARGO BANK, NA
1 HOME CAMPUS, 4TH FLOOR, MAC X2301-042
DES MOINES, IA 50328
* $ 398,671,000,000 9 $ 837,000
FIFTH THIRD MORTGAGE, MI LLC
5001 KINGSLEY DRIVE MD 1MOB2W
CINCINNATI, OH 45227
* $ 48,969,650,000 9 $ 2,139,000
ALLY BANK F/K/A/ GMAC BANK
1100 VIRGINIA DRIVE
FT. WASHINGTON, PA 19034
* $ 19,937,022,000 9 $ 1,103,000
GE MONEY BANK
4246 SOUTH RIVERBOAT RDCSUITE 200
SALT LAKE CITY, UT 84123
* $ 12,595,722,000 8 $ 274,000
CHASE MANHATTAN BANK USA, NA
200 WHITE CLAY CENTER DR
NEWARK, DE 19711
* $ 83,973,505,000 8 $ 994,000
WELLS FARGO FIN'L AMERICA, INC
800 WALNUT ST, 6TH FLOOR, MAC F4031-061
DES MOINES, IA 50309
* $ 36,752,895,000 8 $ 989,000
HOMECOMINGS FINANCIAL LLC
1100 VIRGINIA DRIVE
FT. WASHINGTON, PA 19034
* $ 10,000,000 7 $ 591,000
AURORA BANK FSB
1271 SIXTH AVENUE, 46TH FLOOR
NEW YORK, NY 10020
* $ 19,105,280,000 7 $ 808,000
FIRST NLC FINANCIAL SERVICES,
4680 CONFERENCE WAY SOUTH
BOCA RATON, FL 33431
* $ 10,000,000 7 $ 893,000
ELOAN
9600 WEST BRYN MAWR
ROSEMONT, IL 60018
* $ 48,624,000,000 6 $ 666,000
NPB MORTGAGE LLC
3333 DEPOSIT DRIVE NE
GRAND RAPIDS, MI 49546
* $ 145,000,000 6 $ 430,000
INDYMAC BANK, F.S.B.
888 EAST WALNUT ST
PASADENA, CA 91101
* $ 28,740,902,000 6 $ 1,225,000
NATIONSTAR MORTGAGE LLC
8950 CYPRESS WATERS BLVD.
COPPELL, TX 75019
* $ 10,000,000 6 $ 696,000
US BANK, N.A.
777 EAST WISCONSIN AVE
MILWAUKEE, WI 53202
* $ 217,802,326,000 6 $ 606,000
BENEFICIAL COMPANY LLC
26525 NORTH RIVERWOODS BLVD.
METTAWA, IL 60045
* $ 4,017,643,000 6 $ 393,000
FIFTH THIRD MORTGAGE COMPANY
5001 KINGSLEY DRIVE MD 1MOB2W
CINCINNATI, OH 45227
* $ 52,671,972,000 5 $ 895,000
MEMBER FIRST MORTGAGE, LLC
616 44TH STREET SE
GRAND RAPIDS, MI 49548
* $ 11,800,000 5 $ 423,000
TAYLOR, BEAN & WHITAKER
315 NE 14TH STREET
OCALA, FL 34470
* $ 10,000,000 5 $ 680,000
TCF NATIONAL BANK
2508 LOUISE AVE S (002-01-P)
SIOUX FALLS, SD 57106
* $ 14,749,045,000 5 $ 350,000
WILMINGTON FINANCE, INC.
620 W GERMANTOWN RD
PLYMOUTH MEETING, PA 19462
* $ 10,000,000 5 $ 491,000
GREENSTONE FARM CREDIT SERVICES, FLCA
3515 WEST RD
EAST LANSING, MI 48823
* $ 10,000,000 4 $ 561,000
THE CIT GROUP/CONSUMER FINANCE
1 CIT DRIVE
LIVINGSTON, NJ 07039
* $ 10,000,000 4 $ 307,000
PENTAGON FEDERAL CREDIT UNION
14300 SULLYFIELD CIRCLE
CHANTILLY, VA 20151
* $ 9,339,663,000 4 $ 544,000
CAPITAL ONE HOME LOANS, LLC
12800 FOSTER STREET
OVERLAND PARK, KS 66213
* $ 88,701,411,000 4 $ 283,000
OPTION ONE MORTGAGE CORP
6501 IRVINE CENTER DRIVE
IRVINE, CA 92618
* $ 10,000,000 4 $ 552,000
AMERA MORTGAGE CORPORATION
1050 CORPORATE OFFICE DR #200
MILFORD, MI 48381
* $ 1,247,334,000 4 $ 479,000
THE HUNTINGTON NATIONAL BANK
7575 HUNTINGTON PARK DR
COLUMBUS, OH 43235
* $ 34,914,009,000 3 $ 308,000
US BANK NORTH DAKOTA
777 EAST WISCONSIN AVE
MILWAUKEE, WI 53202
* $ 4,419,450,000 3 $ 502,000
JOLT CREDIT UNION
6180 STATE STREET
SAGINAW, MI 48603
* $ 204,168,000 3 $ 217,000
USAA FEDERAL SAVINGS BANK
10750 MCDERMOTT FREEWAY
SAN ANTONIO, TX 78288
* $ 26,048,419,000 3 $ 220,000
MERRILL LYNCH CREDIT CORP.
4804 DEER LAKE DRIVE EAST BLDG 3 FL 5
JACKSONVILLE, FL 32246
* $ 4,500,000,000 3 $ 290,000
PHH MORTGAGE CORPORATION
1 MORTGAGE WAY
MT LAUREL, NJ 08054
* $ 31,000,000 3 $ 441,000
STAUNTON FINANCIAL, INC.
25800 NORTHWESTERN HIGHWAY SUITE 110
SOUTHFIELD, MI 48075
* $ 10,000,000 3 $ 325,000
ACCREDITED HOME LENDERS, INC
15253 AVENUE OF SCIENCE BLDG 1
SAN DIEGO, CA 92128
* $ 10,000,000 3 $ 283,000
NOVASTAR MORTGAGE
2114 CENTRAL SUITE 600
KANSAS CITY, MO 64108
* $ 10,000,000 3 $ 521,000
DFCU FINANCIAL
400 TOWN CENTER DRIVE
DEARBORN, MI 48126
* $ 1,766,655,000 3 $ 109,000
ELGA CREDIT UNION
2303 S. CENTER ROAD
BURTON, MI 48519
* $ 194,477,000 3 $ 195,000
COMMUNITY FINANCIAL CREDIT UNI
PO BOX 8050
PLYMOUTH, MI 48170
* $ 398,493,000 2 $ 410,000
MORTGAGE IT INC
60 WALL ST
NEW YORK, NY 10005
* $ 10,000,000 2 $ 348,000
DECISION ONE MORTGAGE
26525 N. RIVERWOODS BLVD.
METTAWA, IL 60045
* $ 12,000,000 2 $ 96,000
COMMUNITY CHOICE CREDIT UNION
31155 NORTHWESTERN HWY
FARMINGTON HILLS, MI 48334
* $ 191,210,000 2 $ 143,000
CTX MORTGAGE COMPANY, LLC
1603 LBJ FREEWAY FL 6
DALLAS, TX 75234
* $ 31,000,000 2 $ 301,000
DELTA FUNDING CORPORATION
1000 WOODBURY ROAD
WOODBURY, NY 11797
* $ 31,000,000 2 $ 128,000
SHORE MORTGAGE
770 S. ADAMS ROAD #300
BIRMINGHAM, MI 48009
* $ 10,000,000 2 $ 247,000
HOME LOAN CENTER
163 TECHNOLOGY DRIVE
IRVINE, CA 92618
* $ 10,000,000 2 $ 299,000
FIRST RESIDENTIAL MORTGAGE
9721 ORMSBY STATION RD.
LOUISVILLE, KY 40223
* $ 10,000,000 2 $ 340,000
FIRST FRANKLIN FINANCIAL CORP
2150 NORTH FIRST STREET
SAN JOSE, CA 95131
* $ 14,004,000 2 $ 210,000
AMTRUST BANK
1801 E. 9TH ST #200
CLEVELAND, OH 44114
* $ 18,091,851,000 2 $ 478,000
BANK OF ENGLAND
PO BOX 70
ENGLAND, AR 72046
* $ 157,717,000 2 $ 250,000
PROGRESSIVE MORTGAGE COMPANY
125 S. FIFTH AVE.
ANN ARBOR, MI 48104
* $ 327,000,000 2 $ 252,000
CF BANCORP MORTGAGE COMPANY
525 WATER STREET
PORT HURON, MI 48060
* $ 1,422,966,000 2 $ 455,000
FIFTH THIRD BANK MICHIGAN
5001 KINGSLEY DRIVE MD 1MOB2W
CINCINNATI, OH 45227
* $ 48,441,275,000 2 $ 86,000
CITIBANK, N.A.
601 LEXINGTON AVENUE, 20TH FLOOR
NEW YORK, NY 10022
* $ 1,019,497,000,000 2 $ 77,000
CAPITAL MORTGAGE FUNDING, LLC
17170 WEST 12 MILE ROAD
SOUTHFIELD, MI 48076
* $ 10,000,000 2 $ 97,000
H&R BLOCK MORTGAGE CORPORATION
6501 IRVINE CENTER DRIVE
IRVINE, CA 92618
* $ 10,000,000 2 $ 489,000
EQUIFIRST CORPORATION
13000 S TRYON ST, STE F, PMB 317
CHARLOTTE, NC 28278
* $ 138,667,948,000 2 $ 219,000
PRIMELENDING, A PLAINSCAPITAL COMPANY
18111 PRESTON ROAD SUITE 900
DALLAS, TX 75252
* $ 2,857,914,000 1 $ 52,000
EQUITY ONE
9600 WEST BRYN MAWR
ROSEMONT, IL 60018
* $ 21,874,000,000 1 $ 425,000
IRWIN HOME EQUITY CORPORATION
500 WASHINGTON ST
COLUMBUS, IN 47201
* $ 5,805,823,000 1 $ 56,000
PARAMOUNT BANK
31000 NORTHWESTERN HWY., #200
FARMINGTON HILLS, MI 48334
* $ 269,424,000 1 $ 86,000
AMERIQUEST MORTGAGE COMPANY
1100 TOWN & COUNTRY ROAD
ORANGE, CA 92868
* $ 10,000,000 1 $ 165,000
ALLIED HOME MTG CAPITAL CORP
6110 PINEMONT DR., STE. 215
HOUSTON, TX 77092
* $ 10,000,000 1 $ 46,000
FREEDOM MORTGAGE CORP.
10500 KINCAID DR. STE. 300
FISHERS, IN 46037
* $ 10,000,000 1 $ 83,000
FIRST TENNESSEE BANK NA
165 MADISON 5TH FLOOR
MEMPHIS, TN 38103
* $ 37,608,492,000 1 $ 54,000
SUNTRUST MORTGAGE, INC
901 SEMMES AVENUE
RICHMOND, VA 23224
* $ 182,588,156,000 1 $ 105,000
FARMERS STATE BANK OF BRECKENR
316 E SAGINAW STREET
BRECKENRIDGE, MI 48615
* $ 136,876,000 1 $ 30,000
HSBC MORTGAGE CORP
2929 WALDEN AVE
DEPEW, NY 14043
* $ 92,958,000 1 $ 90,000
M&T BANK
1 M&T PLAZA -15TH FLOOR
BUFFALO, NY 14203
* $ 56,382,388,000 1 $ 260,000
CHEMICAL BANK
333 E MAIN STREET
MIDLAND, MI 48640
* $ 3,781,333,000 1 $ 2,000
FIRST NATIONAL BANK OF ARIZONA
17600 NORTH PERIMETER DRIVE
SCOTTSDALE, AZ 85255
* $ 2,947,186,000 1 $ 44,000
RBS CITIZENS, N.A.
ONE CITIZENS PLAZA
PROVIDENCE, RI 02903
* $ 17,125,177,000 1 $ 80,000
ABN AMRO MTG GROUP INC
850 THIRD AVENUE, 12TH FLOOR
NEW YORK, NY 10022
* $ 250,000,000 1 $ 240,000
FIRST NATIONAL ACCEPTANCE COMPANY
241 EAST SAGINAW/P.O. BOX 980
EAST LANSING, MI 48826
* $ 10,498,000 1 $ 32,000
WELLS FARGO FUNDING, INC
100 N MAIN STREEET MAC D4001-063
WINSTON-SALEM, NC 27150
* $ 25,457,000 1 $ 54,000
WARREN BANK MORTGAGE COMPANY
38880 GARFIELD
CLINTON TOWNSHIP, MI 48038
* $ 638,691,000 1 $ 50,000
COMMUNITY CENTRAL BANK
120 N. MAIN STREET
MOUNT CLEMENS, MI 48043
* $ 503,985,000 1 $ 63,000
1ST STATE FINANCIAL, LTD.
PO BOX 1468
SAGINAW, MI 48605
* $ 95,398,000 1 $ 433,000
E*TRADE BANK
671 NORTH GLEBE RD, 12TH FLOOR
ARLINGTON, VA 22203
* $ 41,551,082,000 1 $ 30,000
MIDCOUNTRY BANK
2611 BLUE HERON DR.
MARION, IL 62959
* $ 1,039,752,000 1 $ 240,000
WOLVERINE BANK FSB
5710 EASTMAN AVE
MIDLAND, MI 48640
* $ 304,044,000 1 $ 36,000
CITICORP TRUST BANK, FSB
601 LEXINGTON AVENUE, 20TH FLOOR
NEW YORK, NY 10022
* $ 20,349,757,000 1 $ 434,000
CORINTHIAN MORTGAGE CORP
5750 W 95TH STREET, SUITE 155
OVERLAND PARK, KS 66207
* $ 341,661,000 1 $ 54,000
SECURITY CREDIT UNION
3801 W BOULEVARD DR BOX 5160
FLINT, MI 48505
* $ 255,893,000 1 $ 76,000
MICHIGAN STATE UNIVERSITY FEDERAL CREDIT UNION
3777 WEST ROAD
EAST LANSING, MI 48823
* $ 1,317,634,000 1 $ 137,000
WILDFIRE CREDIT UNION
6640 BAY RD
SAGINAW, MI 48604
* $ 433,298,000 1 $ 11,000
DOW CHEMICAL EMPLOYEES'
600 E. LYON ROAD P.O. BOX 1649
MIDLAND, MI 48641
* $ 962,595,000 1 $ 180,000
MICHIGAN FIRST CREDIT UNION
27000 EVERGREEN
LATHRUP VILLAGE, MI 48076
* $ 455,128,000 1 $ 35,000
GB HOME EQUITY, LLC
4000 W BROWN DEER ROAD
BROWN DEER, WI 53209
* $ 12,000,000 1 $ 60,000
CHARLES SCHWAB BANK
211 MAIN STREET
SAN FRANCISCO, CA 94105
* $ 11,006,711,000 1 $ 192,000
FIRST PLACE BANK
999 E MAIN ST
RAVENNA, OH 44266
* $ 3,057,363,000 1 $ 195,000
LIBERTY SAVINGS BANK, FSB
2251 ROMBACH AVE.
WILMINGTON, OH 45177
* $ 1,828,620,000 1 $ 215,000
EVERBANK
8100 NATIONS WAY
JACKSONVILLE, FL 32256
* $ 4,173,972,000 1 $ 133,000
ING BANK, FSB
1 SOUTH ORANGE STREET
WILMINGTON, DE 19801
* $ 62,691,446,000 1 $ 114,000
GUARDIAN MORTGAGE COMPANY, INC
100 N. CENTRAL EXPRESSWAY SUITE 190
RICHARDSON, TX 75083
* $ 10,000,000 1 $ 23,000
THE LENDING CONNECTION, INC
5901 WARNER AVE #478
HUNTINGTON BEACH, CA 92649
* $ 10,000,000 1 $ 160,000
NATIONWIDE LENDING CORPORATION
165 TECHNOLOGY DRIVE
IRVINE, CA 92618
* $ 25,616,472,000 1 $ 41,000
RESIDENTIAL FUNDING CORP. LLC
1100 VIRGINIA DRIVE
FT. WASHINGTON, PA 19034
* $ 10,000,000 1 $ 122,000
AMERISAVE MORTGAGE CORPORATION
3525 PIEDMONT RD NE, 8 PIEDMONT CTR STE
ATLANTA, GA 30305
* $ 8,994,122,000 1 $ 138,000
NATIONWIDE MORTGAGE CONCEPTS,
40380 DESERT CREEK LANE
RANCHO MIRAGE, CA 92270
* $ 10,000,000 1 $ 87,000
GREENLIGHT FINANCIAL SERVICES
18200 VON KARMAN STE #300
IRVINE, CA 92612
* $ 10,000,000 1 $ 118,000
VAN DYK MORTGAGE CORPORATION
2449 CAMELOT CT SE
GRAND RAPIDS, MI 49546
* $ 10,000,000 1 $ 75,000
MBS MORTGAGE COMPANY LLC
28345 BECK RD.
WIXOM, MI 48393
* $ 10,000,000 1 $ 215,000
TAMMAC HOLDINGS CORPORATION
100 COMMERCE BLVD
WILKES BARRE, PA 18702
* $ 60,000,000 1 $ 14,000
RESIDENTIAL FINANCE CORP.
401 N. FRONT STREET, SUITE 300
COLUMBUS, OH 43215
* $ 17,533,484,000 1 $ 133,000
FINANCIAL PLUS CREDIT UNION
G-3381 VAN SLYKE RD, P.O. BOX 7006
FLINT, MI 48507
* $ 274,103,000 1 $ 75,000
MICHIGAN SCHOOLS AND GOVERNMENT
40400 GARFIELD ROAD
CLINTON TOWNSHIP, MI 48038
* $ 751,111,000 1 $ 175,000
UKRAINIAN FUTURE CREDIT UNION
26495 RYAN ROAD
WARREN, MI 48091
* $ 85,737,000 1 $ 39,000
CALUSA INVESTMENTS, L.L.C.
P.O. BOX 710840
HERNDON, VA 20171
* $ 10,000,000 1 $ 148,000
TRIBECA LENDING CORPORATION
101 HUDSON STREET 25TH FLOOR
JERSEY CITY, NJ 07302
* $ 10,000,000 1 $ 240,000
SALLIE MAE HOME LOANS
28175 CABOT DR
NOVI, MI 48377
* $ 10,000,000 1 $ 197,000
MERRILL LYNCH MORTGAGE LENDING
4 WORLD FINANCIAL CENTER, 12TH FLOOR
NEW YORK, NY 10280
* $ 19,717,040,000 1 $ 124,000
MILLENNIA MORTGAGE CORPORATION
9891 IRVINE CENTER DRIVE, STE. 200
IRVINE, CA 92618
* $ 10,000,000 1 $ 112,000

The HDMA data totals below provide details about Mortgage Loan Applications for each year, with categories such as loan purpose, race of mortgage applicants, loan type, the outcome of the application, and reason for denial. Each category breaks down the total number of mortgage applications and the total dollar amount for those applications. You can search and sort the totals by the average mortgage amount, the highest mortgage within that category, the average income of the mortgage applicants, and the highest income of the mortgage applicants. If you are looking for a certain type of mortgage, these numbers will give you a better gauge of what to expect in various situations.

Mortgage Loan Application Detail Totals for Alcona County MI in 2007

Loan Purpose

Total Number of Mortgage Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Amount Highest Mortgage Loan Amount Average Applicant Income Highest Applicant Income
Refinancing 475 $56,789,000 $119,000 $805,000 $65,000 $664,000
Home Purchase 154 $16,886,000 $109,000 $417,000 $88,000 $420,000
Home Improvement 62 $3,246,000 $52,000 $330,000 $50,000 $177,000

Applicant Race

Total Number of Mortgage Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Amount Highest Mortgage Loan Amount Average Applicant Income Highest Applicant Income
White 553 $62,042,000 $112,000 $805,000 $73,000 $664,000
Not Provided 78 $7,644,000 $98,000 $425,000 $63,000 $499,000
Not applicable 47 $5,820,000 $123,000 $805,000 $21,000 $273,000
Hispanic 7 $648,000 $92,000 $150,000 $75,000 $95,000
American Indian or Alaskan Native 2 $135,000 $67,000 $70,000 $26,000 $30,000
Asian 2 $517,000 $258,000 $417,000 $236,000 $287,000
Black or African American 2 $115,000 $57,000 $65,000 $16,000 $33,000
Native Hawaiian or Other Pacific Islander 0 $0 $0 $0 $0 $0

Loan Type

Total Number of Mortgage Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Amount Highest Mortgage Loan Amount Average Applicant Income Highest Applicant Income
Conventional (any loan other than FHA, VA, FSA, or RHS loans) 655 $73,143,000 $111,000 $805,000 $70,000 $664,000
FHA-insured (Federal Housing Administration) 21 $2,323,000 $110,000 $168,000 $44,000 $95,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 12 $1,144,000 $95,000 $143,000 $21,000 $54,000
VA-guaranteed (Veterans Administration) 3 $311,000 $103,000 $111,000 $17,000 $52,000

Outcome

Total Number of Mortgage Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Amount Highest Mortgage Loan Amount Average Applicant Income Highest Applicant Income
Loan Originated 274 $32,066,000 $117,000 $805,000 $84,000 $420,000
Application Denied By Financial Institution 189 $17,400,000 $92,000 $500,000 $56,000 $664,000
Loan Purchased By The Institution 98 $11,811,000 $120,000 $805,000 $49,000 $286,000
Application Approved But Not Accepted 63 $7,957,000 $126,000 $475,000 $75,000 $312,000
Application Withdrawn By Applicant 52 $5,997,000 $115,000 $425,000 $62,000 $499,000
File Closed For Incompleteness 15 $1,690,000 $112,000 $234,000 $57,000 $183,000
Preapproval Approved but not Accepted 0 $0 $0 $0 $0 $0
Preapproval Denied by Financial Institution 0 $0 $0 $0 $0 $0

Denial Reason

Total Number of Mortgage Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Amount Highest Mortgage Loan Amount Average Applicant Income Highest Applicant Income
Collateral 30 $3,842,000 $128,000 $500,000 $69,000 $312,000
Debt-To-Income Ratio 25 $2,577,000 $103,000 $375,000 $45,000 $227,000
Credit History 22 $1,342,000 $61,000 $208,000 $55,000 $288,000
Other 16 $1,903,000 $118,000 $272,000 $60,000 $134,000
Credit Application Incomplete 15 $1,374,000 $91,000 $341,000 $69,000 $286,000
Insufficient Cash (Downpayment, Closing Cost) 3 $256,000 $85,000 $88,000 $28,000 $40,000
Unverifiable Information 2 $136,000 $68,000 $115,000 $29,000 $59,000
Employment History 2 $161,000 $80,000 $87,000 $34,000 $49,000
Mortgage Insurance Denied 0 $0 $0 $0 $0 $0

We hope these details for mortgage applications and lending statistics will give you a better idea of what to expect when applying for a mortgage. Whether you are looking for a home loan, for home refinancing, or for home improvement loan statistics, we have the information you need. With this info, you know what to look for as you look for the best home mortgages available to you - no surprises later on down the line. These mortgage application stats give you everything you need to know as you start your search for the best mortgage lender.

If you prefer, you can download a copy of the entire list of mortgage lenders in Michigan, and search similar information back through 2003.

Download the Michigan Lender List