Alger County MI
Mortgage Loan Application
Totals and Details
for 2017

Find mortgage statistics and lending data for the Alger 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 Alger 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 218
Total Mortgage Loan Application Amount $25,167,000
Average Mortgage Loan Application Amount $115,000
Highest Mortgage Loan Application Amount $424,000
Average Applicant Income $70,000
Highest Applicant Income $1,127,000

Mortgage Company List for Lending in Alger County MI for 2017

* 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
WELLS FARGO BANK, NATIONAL ASSOCIATION
100 N MAIN STREET MAC D4001-042
WINSTON-SALEM, NC 27150
* $ 1,727,235,000,000 24 $ 2,475,000
MBANK
130 S CEDAR ST
MANISTIQUE, MI 49854
* $ 978,451,000 15 $ 2,167,000
THE HUNTINGTON NATIONAL BANK
7 EASTON OVAL EA5C242
COLUMBUS, OH 43219
* $ 99,554,985,000 14 $ 1,322,000
AMERIFIRST FINANCIAL CORPORATION
950 TRADE CENTRE WAY SUITE 400
KALAMAZOO, MI 49009
* $ -1,000 13 $ 1,261,000
FREEDOM MORTGAGE CORPORATION
10500 KINCAID DRIVE
FISHERS, IN 46037
* $ -1,000 10 $ 1,282,000
HONOR CREDIT UNION
EDGEWOOD RD
BERRIEN SPRINGS, MI 49103
* $ 713,122,000 9 $ 909,000
INCREDIBLEBANK
327 N 17TH AVE
WAUSAU, WI 54401
* $ 1,141,911,000 9 $ 1,076,000
DITECH FINANCIAL LLC
1100 VIRGINIA DRIVE, SUITE 100
FORT WASHINGTON, PA 19034
* $ -1,000 7 $ 510,000
SUCCESS MORTGAGE PARTNERS, INC.
1200 S. SHELDON RD.
PLYMOUTH, MI 48170
* $ -1,000 6 $ 798,000
LOANDEPOT.COM, LLC
26642 TOWNE CENTRE DRIVE
FOOTHILL RANCH, CA 92610
* $ -1,000 5 $ 670,000
PENNYMAC LOAN SERVICES, LLC
3043 TOWNSGATE ROAD
WESTLAKE VILLAGE, CA 91361
* $ -1,000 4 $ 488,000
NEW DAY FINANCIAL, LLC
8160 MAPLE LAWN BLVD.
FULTON, MD 20759
* $ -1,000 4 $ 409,000
MORTGAGE RESEARCH CENTER, LLC
1400 VETERANS UNITED DR.
COLUMBIA, MO 65203
* $ -1,000 4 $ 700,000
USAA FEDERAL SAVINGS BANK
10750 MCDERMOTT FREEWAY
SAN ANTONIO, TX 78288
* $ 77,760,914,000 4 $ 567,000
NATIONSTAR MORTGAGE LLC
8950 CYPRESS WATERS BLVD.
COPPELL, TX 75019
* $ -1,000 4 $ 357,000
IFREEDOM DIRECT CORPORATION
124 N. CHARLES LINDBERGH DRIVE
SLC, UT 84116
* $ -1,000 3 $ 141,000
HOME POINT FINANCIAL CORPORATION
1194 OAK VALLEY DRIVE, SUITE 80
ANN ARBOR, MI 48108
* $ -1,000 3 $ 278,000
JPMORGAN CHASE BANK, NATIONAL ASSOCIATION
1111 POLARIS PARKWAY
COLUMBUS, OH 43240
* $ 2,082,803,000,000 3 $ 387,000
TOP FLITE FINANCIAL, INC.
123 E GRAND RIVER AVE
WILLIAMSTON, MI 48895
* $ -1,000 3 $ 197,000
AMERIHOME MORTGAGE COMPANY, LLC
21215 BURBANK BLVD, SUITE 400
WOODLAND HILLS, CA 91367
* $ -1,000 3 $ 510,000
U.S. BANK NATIONAL ASSOCIATION
425 WALNUT STREET
CINCINNATI, OH 45202
* $ 441,010,095,000 2 $ 212,000
FRANKLIN AMERICAN MORTGAGE COMPANY
6100 TOWER CIRCLE SUITE 600
FRANKLIN, TN 37067
* $ -1,000 2 $ 184,000
NBKC BANK
8320 WARD PARKWAY
KANSAS CITY, MO 64114
* $ 568,425,000 2 $ 510,000
LAKE MICHIGAN CREDIT UNION
PO BOX 2848
GRAND RAPIDS, MI 49501
* $ 4,823,232,000 2 $ 368,000
THE MONEY SOURCE INC.
135 MAXESS ROAD
MELVILLE, NY 11747
* $ -1,000 2 $ 157,000
GREENSTONE FARM CREDIT SERVICES, FLCA
3515 WEST RD
EAST LANSING, MI 48823
* $ -1,000 2 $ 194,000
MORTGAGE CENTER L.C
29621 NORTHWESTERN HWY
SOUTHFIELD, MI 48034
* $ -1,000 2 $ 152,000
GENISYS
2100 EXECUTIVE HILLS BLVD
AUBURN HILLS, MI 48326
* $ 2,204,471,000 1 $ 28,000
PRIME FINANCIAL CREDIT UNION
5656 S PACKARD AVE
CUDAHY, WI 53110
* $ 108,323,000 1 $ 101,000
SUNTRUST BANK
P.O. BOX 4418, MAIL CODE 0663
ATLANTA, GA 30302
* $ 200,557,635,000 1 $ 6,000
HOME LOAN INVESTMENT BANK, F.S.B.
ONE HOME LOAN PLAZA
WARWICK, RI 02886
* $ 252,204,000 1 $ 25,000
SERVION, INC.
500 MAIN STREET
NEW BRIGHTON, MN 55112
* $ -1,000 1 $ 65,000
VAN DYK MORTGAGE CORPORATION
2449 CAMELOT CT SE
GRAND RAPIDS, MI 49546
* $ -1,000 1 $ 137,000
TRUIST BANK
3100 SMOKETREE CT FL 5
RALEIGH, NC 27604
* $ 214,433,035,000 1 $ 208,000
UNITED BANK OF MICHIGAN
900 EAST PARIS AVE SE
GRAND RAPIDS, MI 49546
* $ 614,359,000 1 $ 60,000
FBC MORTGAGE, LLC
189 S ORANGE AVE STE 970
ORLANDO, FL 32801
* $ -1,000 1 $ 102,000
PHH MORTGAGE CORPORATION
1 MORTGAGE WAY
MT LAUREL, NJ 08054
* $ -1,000 1 $ 67,000
FIRST NATIONAL BANK OF AMERICA
241 EAST SAGINAW
EAST LANSING, MI 48823
* $ 1,121,439,000 1 $ 53,000
INLANTA MORTGAGE, INC.
W239 N3490 PEWAUKEE ROAD, STE.200
PEWAUKEE, WI 53072
* $ -1,000 1 $ 153,000
MB FINANCIAL BANK, NATIONAL ASSOCIATION
6111 N. RIVER ROAD
ROSEMONT, IL 60018
* $ 19,227,800,000 1 $ 43,000
EXTRA
6611 CHICAGO ROAD
WARREN, MI 48092
* $ 214,059,000 1 $ 36,000
GUARANTEED RATE, INC.
3940 NORTH RAVENSWOOD AVE
CHICAGO, IL 60613
* $ -1,000 1 $ 68,000
FIFTH THIRD MORTGAGE COMPANY
5001 KINGSLEY DRIVE MD 1MOB2W
CINCINNATI, OH 45227
* $ -1,000 1 $ 74,000
AMERICAN ADVISORS GROUP
3800 W.CHAPMAN SUITE 300
ORANGE, CA 92868
* $ -1,000 1 $ 36,000
ARVEST BANK
201 W WALNUT
ROGERS, AR 72756
* $ 16,686,060,000 1 $ 323,000
TEXAS CAPITAL BANK, NATIONAL ASSOCIATION
2000 MCKINNEY AVE SUITE 700
DALLAS, TX 75201
* $ 21,689,804,000 1 $ 198,000
BANK OF AMERICA, NATIONAL ASSOCIATION
31303 AGOURA RD CA6-917-01-20
WESTLAKE VILLAGE, CA 91361
* $ 1,677,490,000,000 1 $ 48,000
BOKF, NATIONAL ASSOCIATION
ONE WEST 3RD, 5TH FL
TULSA, OK 74103
* $ 32,160,352,000 1 $ 350,000
BANC OF CALIFORNIA, NATIONAL ASSOCIATION
18500 VON KARMAN AVENUE SUITE 1100
IRVINE, CA 92612
* $ -1,000 1 $ 150,000
CALIBER HOME LOANS, INC.
1525 S. BELTLINE ROAD
COPPELL, TX 75019
* $ -1,000 1 $ 116,000
MICHIGAN STATE UNIVERSITY FEDERAL CREDIT UNION
3777 WEST ROAD
EAST LANSING, MI 48823
* $ 3,413,046,000 1 $ 88,000
BANK OF ENGLAND
PO BOX 70
ENGLAND, AR 72046
* $ 317,715,000 1 $ 198,000
NAVY FEDERAL CREDIT UNION
820 FOLLIN LANE
VIENNA, VA 22180
* $ 79,775,662,000 1 $ 60,000
LONGBRIDGE FINANCIAL, LLC
ONE INTERNATIONAL BLVD.
MAHWAH, NJ 07495
* $ -1,000 1 $ 337,000

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 Alger County MI in 2017

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 107 $13,109,000 $122,000 $424,000 $58,000 $153,000
Home Purchase 98 $11,196,000 $114,000 $350,000 $79,000 $1,127,000
Home Improvement 13 $862,000 $66,000 $189,000 $104,000 $310,000

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 167 $19,318,000 $115,000 $369,000 $78,000 $1,127,000
Not Provided 30 $3,377,000 $112,000 $424,000 $60,000 $252,000
Not applicable 14 $1,813,000 $129,000 $240,000 $1,000 $22,000
Hispanic 4 $352,000 $88,000 $119,000 $54,000 $114,000
American Indian or Alaskan Native 3 $307,000 $102,000 $210,000 $85,000 $125,000
Asian 0 $0 $0 $0 $0 $0
Black or African American 0 $0 $0 $0 $0 $0
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) 141 $16,304,000 $115,000 $424,000 $85,000 $1,127,000
VA-guaranteed (Veterans Administration) 37 $5,019,000 $135,000 $350,000 $48,000 $125,000
FHA-insured (Federal Housing Administration) 29 $2,910,000 $100,000 $337,000 $42,000 $109,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 11 $934,000 $84,000 $116,000 $31,000 $70,000

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 99 $12,064,000 $121,000 $424,000 $86,000 $1,127,000
Application Denied By Financial Institution 54 $6,001,000 $111,000 $346,000 $67,000 $310,000
Application Withdrawn By Applicant 27 $2,266,000 $83,000 $191,000 $57,000 $150,000
Loan Purchased By The Institution 18 $2,575,000 $143,000 $254,000 $25,000 $153,000
Application Approved But Not Accepted 12 $1,498,000 $124,000 $228,000 $72,000 $157,000
File Closed For Incompleteness 8 $763,000 $95,000 $185,000 $38,000 $109,000
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 14 $1,714,000 $122,000 $346,000 $64,000 $125,000
Credit History 8 $705,000 $88,000 $150,000 $91,000 $310,000
Credit Application Incomplete 7 $942,000 $134,000 $193,000 $78,000 $165,000
Debt-To-Income Ratio 3 $256,000 $85,000 $122,000 $22,000 $30,000
Insufficient Cash (Downpayment, Closing Cost) 3 $162,000 $54,000 $81,000 $43,000 $90,000
Other 3 $263,000 $87,000 $107,000 $109,000 $120,000
Unverifiable Information 0 $0 $0 $0 $0 $0
Mortgage Insurance Denied 0 $0 $0 $0 $0 $0
Employment History 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