Alcona County MI
Mortgage Loan Application
Totals and Details
for 2022

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 498
Total Mortgage Loan Application Amount $76,680,000
Average Mortgage Loan Application Amount $153,000
Highest Mortgage Loan Application Amount $1,035,000
Average Applicant Income $108,000
Highest Applicant Income $1,586,000

Mortgage Company List for Lending in Alcona County MI for 2022

* 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
THE HUNTINGTON NATIONAL BANK
7 EASTON OVAL EA5C242
COLUMBUS, OH 43219
* $ 173,414,362,000 29 $ 3,865,000
UNITED SHORE FINANCIAL SERVICES, LLC
1414 EAST MAPLE ROAD
TROY, MI 48083
* $ -1,000 20 $ 4,680,000
MORTGAGE RESEARCH CENTER, LLC
1400 VETERANS UNITED DR.
COLUMBIA, MO 65203
* $ -1,000 18 $ 3,190,000
PNC BANK, NATIONAL ASSOCIATION
249 FIFTH AVE. MS P1-POPP-22-2
PITTSBURGH, PA 15222
* $ 551,902,526,000 16 $ 2,080,000
AMERISAVE MORTGAGE CORPORATION
3525 PIEDMONT RD NE, 8 PIEDMONT CTR STE
ATLANTA, GA 30305
* $ -1,000 13 $ 2,465,000
COMMUNITY FINANCIAL CREDIT UNION
500 S HARVEY ST
PLYMOUTH, MI 48170
* $ 1,253,139,000 11 $ 1,195,000
CALIBER HOME LOANS, INC.
1525 S. BELTLINE ROAD
COPPELL, TX 75019
* $ -1,000 11 $ 2,165,000
LOANDEPOT.COM, LLC
26642 TOWNE CENTRE DRIVE
FOOTHILL RANCH, CA 92610
* $ -1,000 9 $ 1,415,000
PENNYMAC LOAN SERVICES, LLC
3043 TOWNSGATE ROAD
WESTLAKE VILLAGE, CA 91361
* $ -1,000 9 $ 1,505,000
JPMORGAN CHASE BANK, NATIONAL ASSOCIATION
1111 POLARIS PARKWAY
COLUMBUS, OH 43240
* $ 3,306,982,000,000 8 $ 1,310,000
MERCANTILE BANK OF MICHIGAN
310 LEONARD ST NW
GRAND RAPIDS, MI 49504
* $ 5,238,290,000 8 $ 2,330,000
CITIZENS BANK, NATIONAL ASSOCIATION
ONE CITIZENS PLAZA
PROVIDENCE, RI 02903
* $ 188,069,637,000 8 $ 1,500,000
NEWREZ LLC
4000 CHEMICAL ROAD SUITE 200
PLYMOUTH MEETING, PA 19462
* $ -1,000 7 $ 1,185,000
WELLS FARGO BANK, NATIONAL ASSOCIATION
100 N MAIN STREET MAC D4001-042
WINSTON-SALEM, NC 27150
* $ 1,779,504,000,000 7 $ 1,155,000
NATIONSTAR MORTGAGE LLC
8950 CYPRESS WATERS BLVD.
COPPELL, TX 75019
* $ -1,000 7 $ 1,005,000
FLAGSTAR BANK, FSB
5151 CORPORATE DRIVE
TROY, MI 48098
* $ 16,855,693,000 7 $ 975,000
21ST MORTGAGE CORPORATION
620 MARKET ST SUITE 100
KNOXVILLE, TN 37902
* $ -1,000 7 $ 965,000
GENISYS
2100 EXECUTIVE HILLS BLVD
AUBURN HILLS, MI 48326
* $ 4,030,966,000 6 $ 540,000
FAIRWAY INDEPENDENT MORTGAGE CORPORATION
4801 S. BILTMORE LANE
MADISON, WI 53718
* $ -1,000 6 $ 1,670,000
GREENSTONE FARM CREDIT SERVICES, FLCA
3515 WEST RD
EAST LANSING, MI 48823
* $ -1,000 6 $ 510,000
UNION HOME MORTGAGE CORP.
8241 DOW CIRCLE
STRONGSVILLE, OH 44136
* $ -1,000 6 $ 790,000
MORTGAGE CENTER L.C
29621 NORTHWESTERN HWY
SOUTHFIELD, MI 48034
* $ -1,000 5 $ 645,000
INDEPENDENT BANK
4200 EAST BELTLINE
GRAND RAPIDS, MI 49525
* $ 4,702,462,000 5 $ 835,000
NAVY FEDERAL CREDIT UNION
820 FOLLIN LANE
VIENNA, VA 22180
* $ 153,432,983,000 5 $ 695,000
FIFTH THIRD BANK, NATIONAL ASSOCIATION
38 FOUNTAIN SQUARE MD1090K1
CINCINNATI, OH 45263
* $ 209,696,785,000 5 $ 745,000
MORTGAGE 1 INCORPORATED
43456 MOUND ROAD
STERLING HEIGHTS, MI 49314
* $ -1,000 5 $ 595,000
ELGA CREDIT UNION
2303 S. CENTER ROAD
BURTON, MI 48519
* $ 1,235,794,000 5 $ 275,000
SUCCESS MORTGAGE PARTNERS, INC.
1200 S. SHELDON RD.
PLYMOUTH, MI 48170
* $ -1,000 5 $ 1,245,000
LAKEVIEW LOAN SERVICING, LLC
4425 PONCE DE LEON BLVD.
CORAL GABLES, FL 33146
* $ -1,000 5 $ 845,000
BROKER SOLUTIONS, INC.
14511 MYFORD ROAD, SUITE 100
TUSTIN, CA 92780
* $ -1,000 5 $ 265,000
FREEDOM MORTGAGE CORPORATION
10500 KINCAID DRIVE
FISHERS, IN 46037
* $ -1,000 5 $ 585,000
NICOLET NATIONAL BANK
111 N WASHINGTON ST
GREEN BAY, WI 54301
* $ 7,686,307,000 4 $ 360,000
U.S. BANK NATIONAL ASSOCIATION
425 WALNUT STREET
CINCINNATI, OH 45202
* $ 564,154,604,000 4 $ 380,000
MICHIGAN STATE UNIVERSITY FEDERAL CREDIT UNION
3777 WEST ROAD
EAST LANSING, MI 48823
* $ 6,719,007,000 4 $ 620,000
AMERIHOME MORTGAGE COMPANY, LLC
21215 BURBANK BLVD, SUITE 400
WOODLAND HILLS, CA 91367
* $ -1,000 4 $ 910,000
TRIAD FINANCIAL SERVICES, INC.
13901 SUTTON PARK DRIVE SOUTH, SUITE 300
JACKSONVILLE, FL 32224
* $ -1,000 4 $ 430,000
J. VIRGIL, INC.
G3404 MILLER ROAD
FLINT, MI 48507
* $ -1,000 4 $ 910,000
COMERICA BANK
411 W LAFAYETTE BLVD
DETROIT, MI 48226
* $ 94,798,000,000 4 $ 360,000
DFCU FINANCIAL
400 TOWN CENTER DRIVE
DEARBORN, MI 48126
* $ 6,455,703,000 4 $ 630,000
FRANKENMUTH CREDIT UNION
580 N. MAIN ST., PO BOX 209
FRANKENMUTH, MI 48734
* $ 1,071,830,000 4 $ 480,000
CREDIT UNION ONE
400 E NINE MILE RD
FERNDALE, MI 48220
* $ 1,817,448,000 4 $ 1,050,000
USAA FEDERAL SAVINGS BANK
10750 MCDERMOTT FREEWAY
SAN ANTONIO, TX 78288
* $ 117,378,701,000 3 $ 735,000
STAUNTON FINANCIAL, INC.
25800 NORTHWESTERN HIGHWAY SUITE 110
SOUTHFIELD, MI 48075
* $ -1,000 3 $ 375,000
FIRST MERCHANTS BANK
200 E. JACKSON ST.
MUNCIE, IN 47305
* $ 15,432,095,000 3 $ 665,000
MOVEMENT MORTGAGE, LLC
8024 CALVIN HALL ROAD
INDIAN LAND, SC 29707
* $ -1,000 3 $ 155,000
LAFCU
106 N MARKETPLACE BLVD
LANSING, MI 48917
* $ 939,106,000 3 $ 475,000
ANGEL OAK HOME LOANS LLC
3600 PEACHTREE ROAD NW, SUITE 500
ATLANTA, GA 30305
* $ -1,000 3 $ 435,000
KEYBANK NATIONAL ASSOCIATION
127 PUBLIC SQUARE
CLEVELAND, OH 44114
* $ 183,977,708,000 3 $ 435,000
AMERIFIRST FINANCIAL CORPORATION
950 TRADE CENTRE WAY SUITE 400
KALAMAZOO, MI 49009
* $ -1,000 3 $ 245,000
MICHIGAN SCHOOLS AND GOVERNMENT
40400 GARFIELD ROAD
CLINTON TOWNSHIP, MI 48038
* $ 3,063,946,000 3 $ 405,000
PRIMELENDING, A PLAINSCAPITAL COMPANY
18111 PRESTON ROAD SUITE 900
DALLAS, TX 75252
* $ -1,000 2 $ 420,000
GENEVA FINANCIAL, LLC
1018 E. GUADALUPE ROAD
TEMPE, AZ 85283
* $ -1,000 2 $ 90,000
GUARANTEED RATE, INC.
3940 NORTH RAVENSWOOD AVE
CHICAGO, IL 60613
* $ -1,000 2 $ 340,000
AMERICAN FINANCIAL RESOURCES, INC.
9 SYLVAN WAY
PARSIPPANY, NJ 07054
* $ -1,000 2 $ 210,000
UNITED FINANCIAL CREDIT UNION
4685 STATE ST.
SAGINAW, MI 48603
* $ 311,878,000 2 $ 70,000
DOW CHEMICAL EMPLOYEES'
600 E. LYON ROAD P.O. BOX 1649
MIDLAND, MI 48641
* $ 2,160,125,000 2 $ 580,000
COMMUNITY FIRST NATIONAL BANK
215 S SETH CHILD RD
MANHATTAN, KS 66502
* $ 290,729,000 2 $ 290,000
UNIVERSITY OF MICHIGAN CREDIT UNION
340 E. HURON
ANN ARBOR, MI 48104
* $ 1,323,806,000 2 $ 40,000
SPRING EQ, LLC
2929 ARCH ST
PHILADELPHIA, PA 19104
* $ -1,000 2 $ 90,000
MUTUAL OF OMAHA MORTGAGE, INC
3131 CAMINO DEL RIO N 190
SAN DIEGO, CA 92108
* $ -1,000 2 $ 240,000
ACADEMY MORTGAGE CORPORATION
339 WEST 13490 SOUTH
DRAPER, UT 84020
* $ -1,000 2 $ 190,000
DORT FINANCIAL CREDIT UNION
9048 HOLLY ROAD
GRAND BLANC, MI 48439
* $ 1,382,284,000 2 $ 410,000
ZILLOW HOME LOANS, LLC
10975 EL MONTE ST
OVERLAND PARK, KS 66211
* $ -1,000 2 $ 280,000
AMERICAN ADVISORS GROUP
3800 W.CHAPMAN SUITE 300
ORANGE, CA 92868
* $ -1,000 2 $ 110,000
DISCOVER BANK
12 READS WAY
NEW CASTLE, DE 19720
* $ 108,342,526,000 2 $ 140,000
ADVIA
550 S RIVERVIEW DR
PARCHMENT, MI 49004
* $ 2,694,606,000 2 $ 70,000
MICHIGAN EDUCATIONAL
9200 HAGGERTY RD
PLYMOUTH, MI 48170
* $ 1,074,921,000 2 $ 250,000
CROSSCOUNTRY MORTGAGE, INC.
6850 MILLER RD
BRECKSVILLE, OH 44141
* $ -1,000 2 $ 240,000
VIBE CREDIT UNION
1375 N OAKLAND BLVD
WATERFORD, MI 48327
* $ 1,148,089,000 2 $ 160,000
WILDFIRE CREDIT UNION
6640 BAY RD
SAGINAW, MI 48604
* $ 1,097,531,000 2 $ 400,000
PLANET HOME LENDING, LLC
321 RESEARCH PARKWAY STE 300
MERIDEN, CT 06540
* $ -1,000 2 $ 440,000
EMBRACE HOME LOANS, INC.
25 ENTERPRISE CENTER
MIDDLETOWN, RI 02842
* $ -1,000 2 $ 200,000
RUOFF MORTGAGE COMPANY, INC.
1700 MAGNAVOX WAY SUITE 220
FORT WAYNE, IN 46804
* $ -1,000 2 $ 280,000
COPOCO COMMUNITY CREDIT UNION
4265 E WILDER RD
BAY CITY, MI 48706
* $ 120,252,000 2 $ 230,000
GUARANTY HOME MORTGAGE CORPORATION
316 ROBERT ROSE DRIVE
MURFREESBORO, TN 37129
* $ -1,000 1 $ 115,000
CHOICEONE BANK
109 E. DIVISION ST.
SPARTA, MI 49345
* $ 2,363,747,000 1 $ 35,000
PLAINS COMMERCE BANK
220 MAIN ST
HOVEN, SD 57450
* $ 1,046,473,000 1 $ 115,000
AUTO CLUB TRUST, FSB
1 AUTOCLUB DRIVE
DEARBORN, MI 48126
* $ 579,580,000 1 $ 55,000
VAN DYK MORTGAGE CORPORATION
2449 CAMELOT CT SE
GRAND RAPIDS, MI 49546
* $ -1,000 1 $ 65,000
PFCU
9077 CHARLOTTE HWY
PORTLAND, MI 48875
* $ 776,851,000 1 $ 75,000
HFG HOLDINGS, LLC
888 W BIG BEAVER RD, SUITE 800
TROY, MI 48084
* $ -1,000 1 $ 195,000
NETWORK CAPITAL FUNDING CORPORATION
5 PARK PLAZA #800
IRVINE, CA 92614
* $ -1,000 1 $ 285,000
BLG HOLDINGS, INC.
2353 S. LINDEN RD. SUITE A
FLINT, MI 48532
* $ -1,000 1 $ 55,000
PROSPERITY HOME MORTGAGE, LLC
14501 GEORGE CARTER WAY SUITE 300
CHANTILLY, VA 20151
* $ -1,000 1 $ 45,000
MICHIGAN MUTUAL, INC.
911 MILITARY STREET
PORT HURON, MI 48060
* $ -1,000 1 $ 185,000
FIRST STATE BANK
24300 LITTLE MACK
ST CLAIR SHORES, MI 48080
* $ 937,238,000 1 $ 75,000
LAKE MICHIGAN CREDIT UNION
PO BOX 2848
GRAND RAPIDS, MI 49501
* $ 11,672,497,000 1 $ 315,000
THE PARK NATIONAL BANK
50 N THIRD STREET
NEWARK, OH 43055
* $ 9,535,304,000 1 $ 65,000
BANK OF AMERICA, NATIONAL ASSOCIATION
31303 AGOURA RD CA6-917-01-20
WESTLAKE VILLAGE, CA 91361
* $ 2,519,525,000,000 1 $ 105,000
FINANCIAL PLUS CREDIT UNION
G-3381 VAN SLYKE RD, P.O. BOX 7006
FLINT, MI 48507
* $ 802,700,000 1 $ 35,000
MISSION LOANS, LLC
5686 DRESSLER ROAD, NW
NORTH CANTON, OH 44720
* $ -1,000 1 $ 105,000
FIRST NATIONAL BANK OF AMERICA
241 EAST SAGINAW
EAST LANSING, MI 48823
* $ 3,310,189,000 1 $ 95,000
LAKE TRUST CREDIT UNION
4605 S OLD US HIGHWAY 23
BRIGHTON, MI 48114
* $ 2,506,984,000 1 $ 15,000
REVERSE MORTGAGE FUNDING LLC
1455 BROAD ST., 2ND FL
BLOOMFIELD, NJ 07003
* $ -1,000 1 $ 325,000
VILLAGE CAPITAL & INVESTMENT LLC
2863 ST. ROSE PARKWAY
HENDERSON, NV 89052
* $ -1,000 1 $ 135,000
CHRISTIAN FINANCIAL CREDIT UNION
18441 UTICA RD
ROSEVILLE, MI 48066
* $ 826,475,000 1 $ 15,000
LOWER, LLC
5950 SYMPHONY WOODS DRIVE
COLUMBIA, MD 21044
* $ -1,000 1 $ 125,000
COLORADO FEDERAL SAVINGS BANK
8400 E PRENTICE AVE #840
DENVER, CO 80111
* $ 2,085,239,000 1 $ 535,000
ASSOCIATED BANK, NATIONAL ASSOCIATION
200 NORTH ADAMS STREET
GREEN BAY, WI 54301
* $ 35,057,609,000 1 $ 85,000
BANK OF ANN ARBOR
1333 W ANN ARBOR ROAD
PLYMOUTH, MI 48185
* $ 3,348,573,000 1 $ 105,000
FIRST FEDERAL SAVINGS AND LOAN ASSOCIATION OF LAKEWOOD
14806 DETROIT AVE
LAKEWOOD, OH 44107
* $ 2,217,917,000 1 $ 315,000
EMM LOANS LLC
3 EXECUTIVE CAMPUS, SUITE 520
CHERRY HILL, NJ 08002
* $ -1,000 1 $ 265,000
CONSUMERS
PO BOX 525
OSHTEMO, MI 49077
* $ 1,803,219,000 1 $ 95,000
SUPERIOR NATIONAL BANK
235 QUINCY ST
HANCOCK, MI 49930
* $ 1,073,220,000 1 $ 205,000
HOMESITE MORTGAGE, LLC
13001 23 MILE RD, SUITE 101
SHELBY TWP, MI 48315
* $ -1,000 1 $ 55,000
BANK OF ENGLAND
PO BOX 70
ENGLAND, AR 72046
* $ 547,610,000 1 $ 165,000
THE DART BANK
368 S. PARK ST.
MASON, MI 48854
* $ 698,469,000 1 $ 205,000
HOME POINT FINANCIAL CORPORATION
1194 OAK VALLEY DRIVE, SUITE 80
ANN ARBOR, MI 48108
* $ -1,000 1 $ 175,000
THE MONEY SOURCE INC.
135 MAXESS ROAD
MELVILLE, NY 11747
* $ -1,000 1 $ 55,000
FCB BANKS
800 BELT LINE ROAD
COLLINSVILLE, IL 62234
* $ 2,026,686,000 1 $ 105,000
MIDWEST LOAN SOLUTIONS, INC.
29777 TELEGRAPH RD. SUITE 3580
SOUTHFIELD, MI 48034
* $ -1,000 1 $ 325,000
SYNERGY ONE LENDING, INC.
3131 CAMINO DEL RIO N UNIT 150
SAN DIEGO, CA 92108
* $ -1,000 1 $ 195,000
JOLT CREDIT UNION
6180 STATE STREET
SAGINAW, MI 48603
* $ 447,021,000 1 $ 155,000
GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION
100 PHOENIX DR, STE 300
ANN ARBOR, MI 48108
* $ -1,000 1 $ 155,000
FINANCIALEDGE COMMUNITY CREDIT UNION
1199 S. EUCLID AVE.
BAY CITY, MI 48706
* $ 128,581,000 1 $ 45,000
POLISH-AMERICAN FEDERAL CREDIT UNION
11905 JOSEPH CAMPAU
HAMTRAMCK, MI 48212
* $ 168,765,000 1 $ 135,000
MEMBER FIRST MORTGAGE, LLC
616 44TH STREET SE
GRAND RAPIDS, MI 49548
* $ -1,000 1 $ 125,000
CASTLE & COOKE MORTGAGE, LLC
13751 S WADSWORTH PARK DRIVE, STE 101
DRAPER, UT 84020
* $ -1,000 1 $ 75,000
BEELINE LOANS, INC.
188 VALLEY ST SUITE 225
PROVIDENCE, RI 02909
* $ -1,000 1 $ 75,000
FREESTAR FINANCIAL CREDIT UNION
PO BOX 2800
MT CLEMENS, MI 48046
* $ 282,408,000 1 $ 55,000
ROYAL UNITED MORTGAGE LLC
7999 KNUE RD. STE 300
INDIANAPOLIS, IN 46250
* $ -1,000 1 $ 115,000
AMERICAN FINANCIAL NETWORK, INC.
10 POINTE DRIVE, SUITE 330
BREA, CA 92821
* $ -1,000 1 $ 325,000
SUN WEST MORTGAGE COMPANY, INC.
18000 STUDEBAKER ROAD, SUITE 200
CERRITOS, CA 90703
* $ -1,000 1 $ 125,000
FIGURE LENDING LLC
15720 BRIXHAM HILL AVE, SUITE 300
CHARLOTTE, NC 28277
* $ -1,000 1 $ 35,000
THE FEDERAL SAVINGS BANK
300 N ELIZABETH STREET, STE 3E
CHICAGO, IL 60607
* $ 796,563,000 1 $ 275,000
NEXERA HOLDING LLC
2200 POWELL STREET SUITE 340
EMERYVILLE, CA 94608
* $ -1,000 1 $ 105,000

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 2022

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 247 $44,385,000 $179,000 $655,000 $125,000 $1,586,000
Cash-out Refinancing 127 $18,065,000 $142,000 $1,035,000 $75,000 $675,000
Refinancing 52 $7,860,000 $151,000 $515,000 $123,000 $760,000
Other Purpose 38 $2,820,000 $74,000 $205,000 $103,000 $377,000
Home Improvement 34 $3,550,000 $104,000 $475,000 $107,000 $431,000
Not Applicable 0 $0 $0 $0 $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 374 $58,470,000 $156,000 $1,035,000 $110,000 $1,586,000
Not Provided 78 $10,460,000 $134,000 $545,000 $101,000 $760,000
Not applicable 25 $4,725,000 $189,000 $405,000 $0 $0
American Indian or Alaskan Native 8 $1,180,000 $147,000 $255,000 $76,000 $192,000
Hispanic 6 $740,000 $123,000 $145,000 $151,000 $275,000
Black or African American 4 $510,000 $127,000 $265,000 $145,000 $198,000
Asian 2 $470,000 $235,000 $315,000 $92,000 $153,000
Native Hawaiian or Other Pacific Islander 1 $125,000 $125,000 $125,000 $61,000 $61,000

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) 391 $57,945,000 $148,000 $655,000 $118,000 $1,586,000
VA-guaranteed (Veterans Administration) 61 $12,635,000 $207,000 $1,035,000 $80,000 $265,000
FHA-insured (Federal Housing Administration) 43 $5,715,000 $132,000 $325,000 $52,000 $214,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 3 $385,000 $128,000 $165,000 $62,000 $87,000

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 285 $45,235,000 $158,000 $1,035,000 $122,000 $1,586,000
Application Denied By Financial Institution 74 $8,150,000 $110,000 $855,000 $79,000 $335,000
Application Withdrawn By Applicant 74 $12,800,000 $172,000 $625,000 $94,000 $371,000
Loan Purchased By The Institution 25 $4,585,000 $183,000 $405,000 $30,000 $30,000
File Closed For Incompleteness 24 $4,110,000 $171,000 $605,000 $105,000 $675,000
Application Approved But Not Accepted 15 $1,745,000 $116,000 $355,000 $77,000 $142,000
Preapproval Approved but not Accepted 1 $55,000 $55,000 $55,000 $48,000 $48,000
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
Not applicable 424 $68,530,000 $161,000 $1,035,000 $114,000 $1,586,000
Credit History 27 $3,085,000 $114,000 $855,000 $81,000 $267,000
Debt-To-Income Ratio 16 $1,740,000 $108,000 $205,000 $58,000 $247,000
Collateral 14 $1,320,000 $94,000 $215,000 $83,000 $250,000
Credit Application Incomplete 9 $865,000 $96,000 $215,000 $85,000 $144,000
Other 5 $795,000 $159,000 $235,000 $119,000 $335,000
Unverifiable Information 3 $345,000 $115,000 $165,000 $71,000 $123,000
Employment History 0 $0 $0 $0 $0 $0
Insufficient Cash (Downpayment, Closing Cost) 0 $0 $0 $0 $0 $0
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