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 | 439 |
Total Mortgage Loan Application Amount | $50,565,000 |
Average Mortgage Loan Application Amount | $115,000 |
Highest Mortgage Loan Application Amount | $755,000 |
Average Applicant Income | $88,000 |
Highest Applicant Income | $788,000 |
Mortgage Lender | Phone Number | Mortgage Lender Assets | Number of Mortgage Loan Applications | Total Dollar Amount of Mortgage Loan Applications |
---|---|---|---|---|
CHEMICAL BANK 333 E MAIN STREET MIDLAND, MI 48640 |
* | $ 19,236,876,000 | 25 | $ 2,805,000 |
THE HUNTINGTON NATIONAL BANK 7 EASTON OVAL EA5C242 COLUMBUS, OH 43219 |
* | $ 104,052,030,000 | 21 | $ 2,595,000 |
LOANDEPOT.COM, LLC 26642 TOWNE CENTRE DRIVE FOOTHILL RANCH, CA 92610 |
* | $ -1,000 | 19 | $ 2,075,000 |
NEW DAY FINANCIAL, LLC 8160 MAPLE LAWN BLVD. FULTON, MD 20759 |
* | $ -1,000 | 16 | $ 2,360,000 |
PNC BANK, NATIONAL ASSOCIATION 249 FIFTH AVE. MS P1-POPP-22-2 PITTSBURGH, PA 15222 |
* | $ 370,002,264,000 | 16 | $ 1,570,000 |
JPMORGAN CHASE BANK, NATIONAL ASSOCIATION 1111 POLARIS PARKWAY COLUMBUS, OH 43240 |
* | $ 2,140,778,000,000 | 15 | $ 1,325,000 |
WELLS FARGO BANK, NATIONAL ASSOCIATION 100 N MAIN STREET MAC D4001-042 WINSTON-SALEM, NC 27150 |
* | $ 1,747,398,000,000 | 15 | $ 1,605,000 |
USAA FEDERAL SAVINGS BANK 10750 MCDERMOTT FREEWAY SAN ANTONIO, TX 78288 |
* | $ 80,522,766,000 | 10 | $ 1,370,000 |
BANK OF AMERICA, NATIONAL ASSOCIATION 31303 AGOURA RD CA6-917-01-20 WESTLAKE VILLAGE, CA 91361 |
* | $ 1,751,524,000,000 | 10 | $ 1,490,000 |
CITIZENS BANK, NATIONAL ASSOCIATION ONE CITIZENS PLAZA PROVIDENCE, RI 02903 |
* | $ 121,995,997,000 | 9 | $ 1,435,000 |
LAKE MICHIGAN CREDIT UNION PO BOX 2848 GRAND RAPIDS, MI 49501 |
* | $ 5,221,804,000 | 8 | $ 390,000 |
MORTGAGE RESEARCH CENTER, LLC 1400 VETERANS UNITED DR. COLUMBIA, MO 65203 |
* | $ -1,000 | 7 | $ 705,000 |
DITECH FINANCIAL LLC 1100 VIRGINIA DRIVE, SUITE 100 FORT WASHINGTON, PA 19034 |
* | $ -1,000 | 6 | $ 430,000 |
AMERIHOME MORTGAGE COMPANY, LLC 21215 BURBANK BLVD, SUITE 400 WOODLAND HILLS, CA 91367 |
* | $ -1,000 | 6 | $ 730,000 |
BROKER SOLUTIONS, INC. 14511 MYFORD ROAD, SUITE 100 TUSTIN, CA 92780 |
* | $ -1,000 | 6 | $ 810,000 |
FREEDOM MORTGAGE CORPORATION 10500 KINCAID DRIVE FISHERS, IN 46037 |
* | $ -1,000 | 5 | $ 715,000 |
J. VIRGIL, INC. G3404 MILLER ROAD FLINT, MI 48507 |
* | $ -1,000 | 5 | $ 1,205,000 |
MICHIGAN SCHOOLS AND GOVERNMENT 40400 GARFIELD ROAD CLINTON TOWNSHIP, MI 48038 |
* | $ 1,853,578,000 | 5 | $ 205,000 |
FIFTH THIRD MORTGAGE COMPANY 5001 KINGSLEY DRIVE MD 1MOB2W CINCINNATI, OH 45227 |
* | $ -1,000 | 5 | $ 445,000 |
NATIONSTAR MORTGAGE LLC 8950 CYPRESS WATERS BLVD. COPPELL, TX 75019 |
* | $ -1,000 | 5 | $ 595,000 |
MORTGAGE 1 INCORPORATED 43456 MOUND ROAD STERLING HEIGHTS, MI 49314 |
* | $ -1,000 | 5 | $ 685,000 |
HFG HOLDINGS, LLC 888 W BIG BEAVER RD, SUITE 800 TROY, MI 48084 |
* | $ -1,000 | 5 | $ 565,000 |
THE MONEY SOURCE INC. 135 MAXESS ROAD MELVILLE, NY 11747 |
* | $ -1,000 | 4 | $ 540,000 |
DFCU FINANCIAL 400 TOWN CENTER DRIVE DEARBORN, MI 48126 |
* | $ 4,628,126,000 | 4 | $ 670,000 |
AMERISAVE MORTGAGE CORPORATION 3525 PIEDMONT RD NE, 8 PIEDMONT CTR STE ATLANTA, GA 30305 |
* | $ -1,000 | 4 | $ 530,000 |
FLAGSTAR BANK, FSB 5151 CORPORATE DRIVE TROY, MI 48098 |
* | $ 16,855,693,000 | 4 | $ 590,000 |
U.S. BANK NATIONAL ASSOCIATION 425 WALNUT STREET CINCINNATI, OH 45202 |
* | $ 456,025,829,000 | 3 | $ 185,000 |
TOWNE MORTGAGE COMPANY 2170 E. BIG BEAVER ROAD, SUITE A TROY, MI 48083 |
* | $ -1,000 | 3 | $ 195,000 |
UNITED SHORE FINANCIAL SERVICES, LLC 1414 EAST MAPLE ROAD TROY, MI 48083 |
* | $ -1,000 | 3 | $ 455,000 |
PENNYMAC LOAN SERVICES, LLC 3043 TOWNSGATE ROAD WESTLAKE VILLAGE, CA 91361 |
* | $ -1,000 | 3 | $ 395,000 |
GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION 100 PHOENIX DR, STE 300 ANN ARBOR, MI 48108 |
* | $ -1,000 | 3 | $ 415,000 |
MORTGAGE CENTER L.C 29621 NORTHWESTERN HWY SOUTHFIELD, MI 48034 |
* | $ -1,000 | 3 | $ 335,000 |
CALIBER HOME LOANS, INC. 1525 S. BELTLINE ROAD COPPELL, TX 75019 |
* | $ -1,000 | 3 | $ 485,000 |
PACIFIC UNION FINANCIAL, LLC 8900 FREEPORT PKWY, STE 150 IRVING, TX 75063 |
* | $ -1,000 | 3 | $ 195,000 |
DORT FINANCIAL CREDIT UNION 9048 HOLLY ROAD GRAND BLANC, MI 48439 |
* | $ 783,695,000 | 3 | $ 575,000 |
MICHIGAN STATE UNIVERSITY FEDERAL CREDIT UNION 3777 WEST ROAD EAST LANSING, MI 48823 |
* | $ 3,846,080,000 | 3 | $ 435,000 |
MBANK 130 S CEDAR ST MANISTIQUE, MI 49854 |
* | $ 983,761,000 | 3 | $ 535,000 |
INDEPENDENT BANK 4200 EAST BELTLINE GRAND RAPIDS, MI 49525 |
* | $ 2,780,041,000 | 3 | $ 375,000 |
COMERICA BANK 411 W LAFAYETTE BLVD DETROIT, MI 48226 |
* | $ 71,609,090,000 | 2 | $ 130,000 |
TIAA, FSB 501 RIVERSIDE AVENUE JACKSONVILLE, FL 32202 |
* | $ 34,298,273,000 | 2 | $ 120,000 |
MARSHALL COMMUNITY CREDIT UNION 839 W GREEN ST MARSHALL, MI 49068 |
* | $ 187,960,000 | 2 | $ 50,000 |
FIRSTBANK 11 CHANNING WAY JACKSON, TN 38305 |
* | $ 4,724,296,000 | 2 | $ 310,000 |
NORTHSTAR BANK 833 S. VAN DYKE RD. BAD AXE, MI 48413 |
* | $ 637,553,000 | 2 | $ 210,000 |
BRIDGEVIEW BANK GROUP 7940 S HARLEM BRIDGEVIEW, IL 60455 |
* | $ 1,175,351,000 | 2 | $ 190,000 |
NEWREZ LLC 4000 CHEMICAL ROAD SUITE 200 PLYMOUTH MEETING, PA 19462 |
* | $ -1,000 | 2 | $ 210,000 |
CREDIT UNION ONE 400 E NINE MILE RD FERNDALE, MI 48220 |
* | $ 1,144,824,000 | 2 | $ 240,000 |
MICHIGAN EDUCATIONAL 9200 HAGGERTY ROAD PLYMOUTH, MI 48170 |
* | $ 799,558,000 | 2 | $ 140,000 |
AMERIFIRST FINANCIAL CORPORATION 950 TRADE CENTRE WAY SUITE 400 KALAMAZOO, MI 49009 |
* | $ -1,000 | 2 | $ 170,000 |
NAVY FEDERAL CREDIT UNION 820 FOLLIN LANE VIENNA, VA 22180 |
* | $ 90,565,764,000 | 2 | $ 190,000 |
AMERICAN FINANCING CORPORATION 3045 S PARKER RD BUILDING B AURORA, CO 80014 |
* | $ -1,000 | 2 | $ 250,000 |
GREENSTONE FARM CREDIT SERVICES, FLCA 3515 WEST RD EAST LANSING, MI 48823 |
* | $ -1,000 | 2 | $ 190,000 |
RELIANCE FIRST CAPITAL, LLC 201 OLD COUNTRY ROAD SUITE 205 MELVILLE, NY 11747 |
* | $ -1,000 | 2 | $ 260,000 |
MEIJER CREDIT UNION 2410 GAYNOR AVE. NW GRAND RAPIDS, MI 49544 |
* | $ 64,219,000 | 2 | $ 340,000 |
UNITED FINANCIAL CREDIT UNION 4685 STATE ST. SAGINAW, MI 48603 |
* | $ 207,794,000 | 2 | $ 210,000 |
ROYAL UNITED MORTGAGE LLC 7999 KNUE RD. STE 300 INDIANAPOLIS, IN 46250 |
* | $ -1,000 | 2 | $ 130,000 |
EMBRACE HOME LOANS, INC. 25 ENTERPRISE CENTER MIDDLETOWN, RI 02842 |
* | $ -1,000 | 2 | $ 270,000 |
JOLT CREDIT UNION 6180 STATE STREET SAGINAW, MI 48603 |
* | $ 347,150,000 | 2 | $ 210,000 |
BARRINGTON BANK & TRUST COMPANY, N.A. 201 S. HOUGH STREET BARRINGTON, IL 60010 |
* | $ 2,002,887,000 | 2 | $ 230,000 |
MERCANTILE BANK OF MICHIGAN 310 LEONARD ST NW GRAND RAPIDS, MI 49504 |
* | $ 3,266,805,000 | 2 | $ 110,000 |
LUXURY MORTGAGE CORP. FOUR LANDMARK SQUARE SUITE 300 STAMFORD, CT 06901 |
* | $ -1,000 | 1 | $ 125,000 |
HORIZON BANK 515 FRANKLIN ST MICHIGAN CITY, IN 46360 |
* | $ 3,958,360,000 | 1 | $ 25,000 |
ZEAL CREDIT UNION 17250 NEWBURGH LIVONIA, MI 48152 |
* | $ 577,700,000 | 1 | $ 85,000 |
ANCHOR LOANS, LP 5230 LAS VIRGENES RD #105 CALABASAS, CA 91302 |
* | $ -1,000 | 1 | $ 25,000 |
BLG HOLDINGS, INC. 2353 S. LINDEN RD. SUITE A FLINT, MI 48532 |
* | $ -1,000 | 1 | $ 55,000 |
FIFTH THIRD MORTGAGE-MI, LLC 5001 KINGSLEY DRIVE MD 1MOB2W CINCINNATI, OH 45227 |
* | $ -1,000 | 1 | $ 175,000 |
FIRST GUARANTY MORTGAGE CORPORATION 1900 GALLOWS ROAD, SUITE 800 TYSONS CORNER, VA 22182 |
* | $ -1,000 | 1 | $ 55,000 |
SUCCESS MORTGAGE PARTNERS, INC. 1200 S. SHELDON RD. PLYMOUTH, MI 48170 |
* | $ -1,000 | 1 | $ 155,000 |
FRANKLIN AMERICAN MORTGAGE COMPANY 6100 TOWER CIRCLE SUITE 600 FRANKLIN, TN 37067 |
* | $ -1,000 | 1 | $ 155,000 |
REVERSE MORTGAGE FUNDING LLC 1455 BROAD ST., 2ND FL BLOOMFIELD, NJ 07003 |
* | $ -1,000 | 1 | $ 115,000 |
CORNERSTONE COMMUNITY FINANCIAL 2955 UNIVERSITY DRIVE AUBURN HILLS, MI 48326 |
* | $ 270,682,000 | 1 | $ 55,000 |
DISCOVER BANK 12 READS WAY NEW CASTLE, DE 19720 |
* | $ 98,729,134,000 | 1 | $ 55,000 |
NATIONS DIRECT MORTGAGE, LLC 5 HUTTON CENTRE DRIVE, SUITE 200 SANTA ANA, CA 92707 |
* | $ -1,000 | 1 | $ 105,000 |
STATE FARM BANK, F.S.B. 1 STATE FARM PLAZA E-6 BLOOMINGTON, IL 61710 |
* | $ 16,696,742,000 | 1 | $ 15,000 |
MOUNTAIN AMERICA 7181 SOUTH CAMPUS VIEW DRIVE WEST JORDAN, UT 84084 |
* | $ 7,093,314,000 | 1 | $ 85,000 |
HURON VALLEY FINANCIAL, INC. 2395 OAK VALLEY DRIVE, SUITE 200 ANN ARBOR, MI 48103 |
* | $ -1,000 | 1 | $ 75,000 |
ISABELLA BANK 139 E. BROADWAY MT. PLEASANT, MI 48858 |
* | $ 1,761,016,000 | 1 | $ 25,000 |
DIAMOND RESIDENTIAL MORTGAGE CORPORATION 582 OAKWOOD AVE LAKE FOREST, IL 60045 |
* | $ -1,000 | 1 | $ 185,000 |
FIRST NATIONAL BANK OF AMERICA 241 EAST SAGINAW EAST LANSING, MI 48823 |
* | $ 1,364,710,000 | 1 | $ 65,000 |
COMMUNITY FINANCIAL CREDIT UNION 500 S HARVEY ST PLYMOUTH, MI 48170 |
* | $ 856,824,000 | 1 | $ 25,000 |
ACADEMY MORTGAGE CORPORATION 339 WEST 13490 SOUTH DRAPER, UT 84020 |
* | $ -1,000 | 1 | $ 45,000 |
SOUTHWEST STAGE FUNDING, LLC 3345 S. VAL VISTA DRIVE, SUITE 300 GILBERT, AZ 85297 |
* | $ -1,000 | 1 | $ 115,000 |
LEVEL ONE BANK 32991 HAMILTON COURT FARMINGTON HILLS, MI 48334 |
* | $ 1,299,901,000 | 1 | $ 115,000 |
STAUNTON FINANCIAL, INC. 25800 NORTHWESTERN HIGHWAY SUITE 110 SOUTHFIELD, MI 48075 |
* | $ -1,000 | 1 | $ 135,000 |
THE ANDERSON FINANCIAL GROUP, INC. 2421 N ASHLAND CHICAGO, IL 60614 |
* | $ -1,000 | 1 | $ 105,000 |
ALLIED MORTGAGE GROUP, INC. 225 E. CITY AVENUE, SUITE 102 BALA CYNWYD, PA 19004 |
* | $ -1,000 | 1 | $ 235,000 |
GUARANTEED RATE, INC. 3940 NORTH RAVENSWOOD AVE CHICAGO, IL 60613 |
* | $ -1,000 | 1 | $ 45,000 |
PLANET HOME LENDING, LLC 321 RESEARCH PARKWAY STE 300 MERIDEN, CT 06540 |
* | $ -1,000 | 1 | $ 275,000 |
COMMUNITY CHOICE CREDIT UNION 31155 NORTHWESTERN HWY FARMINGTON HILLS, MI 48334 |
* | $ 1,027,503,000 | 1 | $ 65,000 |
MIDFIRST BANK 501 NW GRAND BLVD OKLAHOMA CITY, OK 73118 |
* | $ 14,726,156,000 | 1 | $ 105,000 |
GLASS CITY FEDERAL CREDIT UNION 1340 ARROWHEAD DRIVE MAUMEE, OH 43537 |
* | $ 222,488,000 | 1 | $ 25,000 |
THE DART BANK 368 S. PARK ST. MASON, MI 48854 |
* | $ 397,925,000 | 1 | $ 235,000 |
MAIN STREET BANK 31780 TELEGRAPH ROAD, SUITE 100 BINGHAM FARMS, MI 48025 |
* | $ 227,688,000 | 1 | $ 165,000 |
ELGA CREDIT UNION 2303 S. CENTER ROAD BURTON, MI 48519 |
* | $ 568,721,000 | 1 | $ 55,000 |
WINGS FINANCIAL 14985 GLAZIER AVENUE APPLE VALLEY, MN 55124 |
* | $ 4,542,484,000 | 1 | $ 185,000 |
LAFCU 106 N MARKETPLACE BLVD LANSING, MI 48917 |
* | $ 644,988,000 | 1 | $ 25,000 |
CBC NATIONAL BANK 1891 SOUTH 14TH STREET FERNANDINA BEACH, FL 32034 |
* | $ 604,714,000 | 1 | $ 145,000 |
LAKEVIEW LOAN SERVICING, LLC 4425 PONCE DE LEON BLVD. CORAL GABLES, FL 33146 |
* | $ -1,000 | 1 | $ 55,000 |
HANTZ BANK 26200 AMERICAN DRIVE, 2ND FLOOR SOUTHFIELD, MI 48034 |
* | $ 222,868,000 | 1 | $ 145,000 |
OCWEN LOAN SERVICING, LLC 1661 WORTHINGTION ROAD SUITE 100 WEST PALM BEACH, FL 33409 |
* | $ -1,000 | 1 | $ 155,000 |
BETTER MORTGAGE CORPORATION 459 BROADWAY, FLOOR 5 NEW YORK, NY 10013 |
* | $ -1,000 | 1 | $ 55,000 |
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP 3701 ARCO CORPORATE DR., SUITE 200 CHARLOTTE, NC 28273 |
* | $ -1,000 | 1 | $ 135,000 |
WRIGHT-PATT CREDIT UNION, INC. 3560 PENTAGON BLVD. BEAVERCREEK, OH 45431 |
* | $ 4,036,110,000 | 1 | $ 155,000 |
CITIMORTGAGE, INC. 1 COURT SQUARE, 43RD FLOOR LONG ISLAND CITY, NY 11120 |
* | $ -1,000 | 1 | $ 55,000 |
MYCUMORTGAGE, LLC 3560 PENTAGON BLVD. SUITE 301 BEAVERCREEK, OH 45431 |
* | $ -1,000 | 1 | $ 155,000 |
TEXAS CAPITAL BANK, NATIONAL ASSOCIATION 2000 MCKINNEY AVE SUITE 700 DALLAS, TX 75201 |
* | $ 25,054,739,000 | 1 | $ 305,000 |
NORTH AMERICAN SAVINGS BANK, F.S.B. 12498 S 71 HIGHWAY GRANDVIEW, MO 64030 |
* | $ 1,995,487,000 | 1 | $ 85,000 |
AMERICAN ADVISORS GROUP 3800 W.CHAPMAN SUITE 300 ORANGE, CA 92868 |
* | $ -1,000 | 1 | $ 15,000 |
VILLAGE CAPITAL & INVESTMENT LLC 2863 ST. ROSE PARKWAY HENDERSON, NV 89052 |
* | $ -1,000 | 1 | $ 115,000 |
PRIMARY RESIDENTIAL MORTGAGE, INC. 1480 N 2200 W SALT LAKE CITY, UT 84116 |
* | $ -1,000 | 1 | $ 65,000 |
NATIONS LENDING CORPORATION 4 SUMMIT PARK DR STE 200 INDEPENDENCE, OH 44131 |
* | $ -1,000 | 1 | $ 55,000 |
FINANCIAL PLUS CREDIT UNION G-3381 VAN SLYKE RD, P.O. BOX 7006 FLINT, MI 48507 |
* | $ 520,485,000 | 1 | $ 65,000 |
CONSUMERS PO BOX 525 OSHTEMO, MI 49077 |
* | $ 934,275,000 | 1 | $ 105,000 |
UBS BANK USA 299 S. MAIN ST SALT LAKE CITY, UT 84111 |
* | $ 53,495,452,000 | 1 | $ 165,000 |
J.G. WENTWORTH HOME LENDING, LLC 3350 COMMISSION COURT WOODBRIDGE, VA 22192 |
* | $ -1,000 | 1 | $ 145,000 |
MICHIGAN FIRST CREDIT UNION 27000 EVERGREEN LATHRUP VILLAGE, MI 48076 |
* | $ 863,455,000 | 1 | $ 65,000 |
PROVIDENT FUNDING ASSOCIATES, L.P. 851 TRAEGER AVENUE, SUITE 100 SAN BRUNO, CA 94066 |
* | $ -1,000 | 1 | $ 55,000 |
ROSS MORTGAGE CORPORATION 2075 W. BIG BEAVER, SUITE 700 TROY, MI 48084 |
* | $ -1,000 | 1 | $ 155,000 |
WILDFIRE CREDIT UNION 6640 BAY RD SAGINAW, MI 48604 |
* | $ 763,847,000 | 1 | $ 245,000 |
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.
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 |
---|---|---|---|---|---|---|
Home Purchase | 193 | $23,495,000 | $121,000 | $385,000 | $106,000 | $788,000 |
Cash-out Refinancing | 112 | $13,950,000 | $124,000 | $305,000 | $70,000 | $462,000 |
Refinancing | 77 | $9,095,000 | $118,000 | $755,000 | $86,000 | $404,000 |
Home Improvement | 28 | $1,630,000 | $58,000 | $215,000 | $69,000 | $202,000 |
Other Purpose | 23 | $1,895,000 | $82,000 | $165,000 | $69,000 | $285,000 |
Not Applicable | 6 | $500,000 | $83,000 | $155,000 | $0 | $0 |
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 | 340 | $39,660,000 | $116,000 | $755,000 | $89,000 | $788,000 |
Not Provided | 62 | $7,130,000 | $115,000 | $305,000 | $88,000 | $404,000 |
Not applicable | 24 | $2,590,000 | $107,000 | $255,000 | $0 | $0 |
American Indian or Alaskan Native | 7 | $565,000 | $80,000 | $175,000 | $67,000 | $168,000 |
Hispanic | 4 | $390,000 | $97,000 | $125,000 | $55,000 | $66,000 |
Native Hawaiian or Other Pacific Islander | 1 | $25,000 | $25,000 | $25,000 | $139,000 | $139,000 |
Asian | 1 | $205,000 | $205,000 | $205,000 | $158,000 | $158,000 |
Black or African American | 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) | 313 | $35,405,000 | $113,000 | $385,000 | $102,000 | $788,000 |
VA-guaranteed (Veterans Administration) | 70 | $9,410,000 | $134,000 | $285,000 | $60,000 | $159,000 |
FHA-insured (Federal Housing Administration) | 47 | $4,975,000 | $105,000 | $755,000 | $44,000 | $101,000 |
FSA/RHS (Farm Service Agency or Rural Housing Service) | 9 | $775,000 | $86,000 | $165,000 | $40,000 | $75,000 |
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 | 211 | $25,245,000 | $119,000 | $385,000 | $105,000 | $788,000 |
Application Denied By Financial Institution | 94 | $10,000,000 | $106,000 | $755,000 | $56,000 | $328,000 |
Application Withdrawn By Applicant | 68 | $7,760,000 | $114,000 | $285,000 | $80,000 | $330,000 |
Loan Purchased By The Institution | 43 | $4,995,000 | $116,000 | $305,000 | $76,000 | $252,000 |
Application Approved But Not Accepted | 12 | $1,290,000 | $107,000 | $385,000 | $117,000 | $462,000 |
File Closed For Incompleteness | 10 | $1,250,000 | $125,000 | $185,000 | $96,000 | $285,000 |
Preapproval Denied by Financial Institution | 1 | $25,000 | $25,000 | $25,000 | $35,000 | $35,000 |
Preapproval Approved but not Accepted | 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 |
---|---|---|---|---|---|---|
Not applicable | 341 | $40,075,000 | $117,000 | $385,000 | $97,000 | $788,000 |
Collateral | 26 | $2,700,000 | $103,000 | $305,000 | $58,000 | $139,000 |
Debt-To-Income Ratio | 23 | $2,055,000 | $89,000 | $305,000 | $52,000 | $284,000 |
Credit History | 20 | $2,680,000 | $134,000 | $755,000 | $50,000 | $167,000 |
Credit Application Incomplete | 13 | $1,305,000 | $100,000 | $165,000 | $50,000 | $120,000 |
Other | 9 | $1,015,000 | $112,000 | $215,000 | $79,000 | $128,000 |
Unverifiable Information | 4 | $470,000 | $117,000 | $205,000 | $147,000 | $328,000 |
Insufficient Cash (Downpayment, Closing Cost) | 2 | $140,000 | $70,000 | $85,000 | $44,000 | $48,000 |
Employment History | 1 | $125,000 | $125,000 | $125,000 | $54,000 | $54,000 |
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.