Find mortgage statistics and lending data for the Alpena 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 Alpena 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 | 1,158 |
Total Mortgage Loan Application Amount | $104,533,000 |
Average Mortgage Loan Application Amount | $90,000 |
Highest Mortgage Loan Application Amount | $716,000 |
Average Applicant Income | $55,000 |
Highest Applicant Income | $1,560,000 |
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 | 83 | $ 8,068,000 |
TAYLOR, BEAN & WHITAKER 315 NE 14TH STREET OCALA, FL 34470 |
* | $ 10,000,000 | 76 | $ 7,801,000 |
INDEPENDENT BANK 4200 EAST BELTLINE GRAND RAPIDS, MI 49525 |
* | $ 1,427,550,000 | 59 | $ 1,915,000 |
INDEPENDENT MORTGAGE CO 230 W MAIN ST IONIA, MI 48846 |
* | $ 15,000,000 | 57 | $ 5,950,000 |
JPMORGAN CHASE BANK, NA 1111 POLARIS PARKWAY COLUMBUS, OH 43240 |
* | $ 1,179,390,000,000 | 52 | $ 4,314,000 |
COUNTRYWIDE BANK FSB 30930 RUSSELL RANCH ROAD MS CA6-916-02-0 WESTLAKE VILLAGE, CA 91362 |
* | $ 92,836,714,000 | 51 | $ 4,062,000 |
CITIZENS BANK 328 S SAGINAW ST FLINT, MI 48502 |
* | $ 7,516,604,000 | 50 | $ 3,540,000 |
GMAC MORTGAGE LLC 1100 VIRGINIA DRIVE FT. WASHINGTON, PA 19034 |
* | $ 31,000,000 | 43 | $ 4,433,000 |
EMBRACE HOME LOANS, INC. 25 ENTERPRISE CENTER MIDDLETOWN, RI 02842 |
* | $ 10,000,000 | 40 | $ 1,928,000 |
WELLS FARGO BANK, NA 1 HOME CAMPUS, 4TH FLOOR, MAC X2301-042 DES MOINES, IA 50328 |
* | $ 398,671,000,000 | 40 | $ 3,317,000 |
NATIONAL CITY BANK 1900 E NINTH ST LOC 01-3144 CLEVELAND, OH 44114 |
* | $ 134,344,792,000 | 37 | $ 3,253,000 |
WASHINGTON MUTUAL BANK 227 EAST AVENUE ALBION, NY 14411 |
* | $ 345,610,758,000 | 27 | $ 2,895,000 |
CITIMORTGAGE, INC 601 LEXINGTON AVENUE, 20TH FLOOR NEW YORK, NY 10022 |
* | $ 1,019,497,000,000 | 24 | $ 1,878,000 |
HFC COMPANY LLC 26525 NORTH RIVERWOODS BLVD. METTAWA, IL 60045 |
* | $ 15,000,000 | 23 | $ 2,477,000 |
CITIFINANCIAL, INC. 300 ST. PAUL PLACE BALTIMORE, MD 21202 |
* | $ 1,494,037,000,000 | 22 | $ 878,000 |
WELLS FARGO FIN'L AMERICA, INC 800 WALNUT ST, 6TH FLOOR, MAC F4031-061 DES MOINES, IA 50309 |
* | $ 36,752,895,000 | 17 | $ 1,661,000 |
FLAGSTAR BANK 5151 CORPORATE DR TROY, MI 48098 |
* | $ 15,464,820,000 | 17 | $ 1,572,000 |
FIRST NLC FINANCIAL SERVICES, 4680 CONFERENCE WAY SOUTH BOCA RATON, FL 33431 |
* | $ 10,000,000 | 14 | $ 1,419,000 |
ELOAN 9600 WEST BRYN MAWR ROSEMONT, IL 60018 |
* | $ 48,624,000,000 | 14 | $ 1,086,000 |
AURORA BANK FSB 1271 SIXTH AVENUE, 46TH FLOOR NEW YORK, NY 10020 |
* | $ 19,105,280,000 | 12 | $ 1,755,000 |
WELLS FARGO FUNDING, INC 100 N MAIN STREEET MAC D4001-063 WINSTON-SALEM, NC 27150 |
* | $ 25,457,000 | 12 | $ 1,161,000 |
BENEFICIAL COMPANY LLC 26525 NORTH RIVERWOODS BLVD. METTAWA, IL 60045 |
* | $ 4,017,643,000 | 12 | $ 1,482,000 |
CITIBANK, N.A. 601 LEXINGTON AVENUE, 20TH FLOOR NEW YORK, NY 10022 |
* | $ 1,019,497,000,000 | 12 | $ 452,000 |
FIRST NATIONAL BANK OF AMERICA 241 EAST SAGINAW EAST LANSING, MI 48823 |
* | $ 390,576,000 | 12 | $ 412,000 |
HOMECOMINGS FINANCIAL LLC 1100 VIRGINIA DRIVE FT. WASHINGTON, PA 19034 |
* | $ 10,000,000 | 11 | $ 1,167,000 |
INDYMAC BANK, F.S.B. 888 EAST WALNUT ST PASADENA, CA 91101 |
* | $ 28,740,902,000 | 11 | $ 1,565,000 |
BNC MORTGAGE 745 SEVENTH AVENUE, 24TH FLOOR NEW YORK, NY 10019 |
* | $ 2,500,000,000 | 11 | $ 1,320,000 |
FIFTH THIRD MORTGAGE, MI LLC 5001 KINGSLEY DRIVE MD 1MOB2W CINCINNATI, OH 45227 |
* | $ 48,969,650,000 | 10 | $ 1,664,000 |
CHASE MANHATTAN BANK USA, NA 200 WHITE CLAY CENTER DR NEWARK, DE 19711 |
* | $ 83,973,505,000 | 10 | $ 889,000 |
US BANK NORTH DAKOTA 777 EAST WISCONSIN AVE MILWAUKEE, WI 53202 |
* | $ 4,419,450,000 | 9 | $ 1,147,000 |
ALLY BANK F/K/A/ GMAC BANK 1100 VIRGINIA DRIVE FT. WASHINGTON, PA 19034 |
* | $ 19,937,022,000 | 9 | $ 1,033,000 |
HOME LOAN INVESTMENT BANK ONE HOME LOAN PLAZA WARWICK, RI 02886 |
* | $ 254,471,000 | 9 | $ 1,052,000 |
COMMUNITY FINANCIAL CREDIT UNI PO BOX 8050 PLYMOUTH, MI 48170 |
* | $ 398,493,000 | 9 | $ 685,000 |
FIRST RESIDENTIAL MORTGAGE 9721 ORMSBY STATION RD. LOUISVILLE, KY 40223 |
* | $ 10,000,000 | 9 | $ 1,098,000 |
RESIDENTIAL FUNDING CORP. LLC 1100 VIRGINIA DRIVE FT. WASHINGTON, PA 19034 |
* | $ 10,000,000 | 9 | $ 467,000 |
EQUIFIRST CORPORATION 13000 S TRYON ST, STE F, PMB 317 CHARLOTTE, NC 28278 |
* | $ 138,667,948,000 | 8 | $ 788,000 |
GE MONEY BANK 4246 SOUTH RIVERBOAT RDCSUITE 200 SALT LAKE CITY, UT 84123 |
* | $ 12,595,722,000 | 7 | $ 413,000 |
DECISION ONE MORTGAGE 26525 N. RIVERWOODS BLVD. METTAWA, IL 60045 |
* | $ 12,000,000 | 6 | $ 688,000 |
NPB MORTGAGE LLC 3333 DEPOSIT DRIVE NE GRAND RAPIDS, MI 49546 |
* | $ 145,000,000 | 6 | $ 396,000 |
ACCREDITED HOME LENDERS, INC 15253 AVENUE OF SCIENCE BLDG 1 SAN DIEGO, CA 92128 |
* | $ 10,000,000 | 6 | $ 700,000 |
MORTGAGE CENTER L.C 29621 NORTHWESTERN HWY SOUTHFIELD, MI 48034 |
* | $ 30,000,000 | 6 | $ 650,000 |
CALUSA INVESTMENTS, L.L.C. P.O. BOX 710840 HERNDON, VA 20171 |
* | $ 10,000,000 | 6 | $ 576,000 |
BANK OF AMERICA, N.A. 4500 PARK GRANADA CALABASAS, CA 91302 |
* | $ 1,196,123,794,000 | 6 | $ 773,000 |
RBS CITIZENS, N.A. ONE CITIZENS PLAZA PROVIDENCE, RI 02903 |
* | $ 17,125,177,000 | 5 | $ 304,000 |
OPTION ONE MORTGAGE CORP 6501 IRVINE CENTER DRIVE IRVINE, CA 92618 |
* | $ 10,000,000 | 5 | $ 759,000 |
FIFTH THIRD MORTGAGE COMPANY 5001 KINGSLEY DRIVE MD 1MOB2W CINCINNATI, OH 45227 |
* | $ 52,671,972,000 | 5 | $ 888,000 |
MORTGAGE IT INC 60 WALL ST NEW YORK, NY 10005 |
* | $ 10,000,000 | 5 | $ 662,000 |
NOVASTAR MORTGAGE 2114 CENTRAL SUITE 600 KANSAS CITY, MO 64108 |
* | $ 10,000,000 | 5 | $ 531,000 |
DELTA FUNDING CORPORATION 1000 WOODBURY ROAD WOODBURY, NY 11797 |
* | $ 31,000,000 | 5 | $ 844,000 |
AMERISAVE MORTGAGE CORPORATION 3525 PIEDMONT RD NE, 8 PIEDMONT CTR STE ATLANTA, GA 30305 |
* | $ 8,994,122,000 | 5 | $ 593,000 |
PHH MORTGAGE CORPORATION 1 MORTGAGE WAY MT LAUREL, NJ 08054 |
* | $ 31,000,000 | 5 | $ 503,000 |
VAN DYK MORTGAGE CORPORATION 2449 CAMELOT CT SE GRAND RAPIDS, MI 49546 |
* | $ 10,000,000 | 4 | $ 307,000 |
USAA FEDERAL SAVINGS BANK 10750 MCDERMOTT FREEWAY SAN ANTONIO, TX 78288 |
* | $ 26,048,419,000 | 4 | $ 218,000 |
FIRST FRANKLIN FINANCIAL CORP 2150 NORTH FIRST STREET SAN JOSE, CA 95131 |
* | $ 14,004,000 | 4 | $ 274,000 |
CAPITAL ONE HOME LOANS, LLC 12800 FOSTER STREET OVERLAND PARK, KS 66213 |
* | $ 88,701,411,000 | 4 | $ 232,000 |
ABN AMRO MTG GROUP INC 850 THIRD AVENUE, 12TH FLOOR NEW YORK, NY 10022 |
* | $ 250,000,000 | 4 | $ 586,000 |
WACHOVIA MORTGAGE CORP 301 S COLLEGE ST CHARLOTTE, NC 28202 |
* | $ 2,687,938,000 | 4 | $ 268,000 |
M&T BANK 1 M&T PLAZA -15TH FLOOR BUFFALO, NY 14203 |
* | $ 56,382,388,000 | 4 | $ 390,000 |
EQUITY ONE 9600 WEST BRYN MAWR ROSEMONT, IL 60018 |
* | $ 21,874,000,000 | 3 | $ 234,000 |
AMERA MORTGAGE CORPORATION 1050 CORPORATE OFFICE DR #200 MILFORD, MI 48381 |
* | $ 1,247,334,000 | 3 | $ 312,000 |
TCF NATIONAL BANK 2508 LOUISE AVE S (002-01-P) SIOUX FALLS, SD 57106 |
* | $ 14,749,045,000 | 3 | $ 194,000 |
KEYBANK NATIONAL ASSOCIATION 100 PUBLIC SQUARE STE 600 OH-01-10-06006 CLEVELAND, OH 44113 |
* | $ 88,081,220,000 | 3 | $ 41,000 |
LASALLE BANK MIDWEST, NA 2600 WEST BIG BEAVER ROAD TROY, MI 48084 |
* | $ 49,751,517,000 | 3 | $ 300,000 |
FIRST TENNESSEE BANK NA 165 MADISON 5TH FLOOR MEMPHIS, TN 38103 |
* | $ 37,608,492,000 | 3 | $ 256,000 |
PHH HOME LOANS, LLC 1 MORTGAGE WAY 2ND FLOOR MT LAUREL, NJ 08054 |
* | $ 4,597,939,000 | 3 | $ 303,000 |
SHORE MORTGAGE 770 S. ADAMS ROAD #300 BIRMINGHAM, MI 48009 |
* | $ 10,000,000 | 3 | $ 279,000 |
NATIONSTAR MORTGAGE LLC 8950 CYPRESS WATERS BLVD. COPPELL, TX 75019 |
* | $ 10,000,000 | 3 | $ 414,000 |
H&R BLOCK MORTGAGE CORPORATION 6501 IRVINE CENTER DRIVE IRVINE, CA 92618 |
* | $ 10,000,000 | 3 | $ 325,000 |
WILMINGTON FINANCE, INC. 620 W GERMANTOWN RD PLYMOUTH MEETING, PA 19462 |
* | $ 10,000,000 | 3 | $ 426,000 |
NEW DAY FINANCIAL, LLC 8160 MAPLE LAWN BLVD. FULTON, MD 20759 |
* | $ 4,088,336,000 | 2 | $ 227,000 |
HOME LOAN CENTER 163 TECHNOLOGY DRIVE IRVINE, CA 92618 |
* | $ 10,000,000 | 2 | $ 48,000 |
AMC MORTGAGE SERVICES, INC. 1100 TOWN & COUNTRY ROAD, SUITE 1100 IRVINE, CA 92868 |
* | $ 10,000,000 | 2 | $ 265,000 |
TRANEX FINANCIAL INC. 26200 AMERICAN DRIVE SOUTHFIELD, MI 48034 |
* | $ 10,000,000 | 2 | $ 258,000 |
PENTAGON FEDERAL CREDIT UNION 14300 SULLYFIELD CIRCLE CHANTILLY, VA 20151 |
* | $ 9,339,663,000 | 2 | $ 317,000 |
STATE FARM BANK 1 STATE FARM PLAZA BLOOMINGTON, IL 61710 |
* | $ 13,489,917,000 | 2 | $ 104,000 |
ELGA CREDIT UNION 2303 S. CENTER ROAD BURTON, MI 48519 |
* | $ 194,477,000 | 2 | $ 146,000 |
MIDWEST LOAN SOLUTIONS, INC. 29777 TELEGRAPH RD. SUITE 3580 SOUTHFIELD, MI 48034 |
* | $ 46,200,000 | 2 | $ 85,000 |
COLONIAL SAVINGS, F. A. P. O. BOX 2988 FORT WORTH, TX 76113 |
* | $ 951,944,000 | 2 | $ 191,000 |
AMTRUST BANK 1801 E. 9TH ST #200 CLEVELAND, OH 44114 |
* | $ 18,091,851,000 | 2 | $ 369,000 |
THE HUNTINGTON NATIONAL BANK 7575 HUNTINGTON PARK DR COLUMBUS, OH 43235 |
* | $ 34,914,009,000 | 2 | $ 76,000 |
SAXON MORTGAGE 4840 COX ROAD GLEN ALLEN, VA 23060 |
* | $ 10,000,000 | 2 | $ 217,000 |
HSBC BANK USA, NA 1 HSBC CENTER - 24TH FLOOR BUFFALO, NY 14203 |
* | $ 165,673,017,000 | 2 | $ 230,000 |
WELLS FARGO FIN'L MICHIGAN 800 WALNUT ST, 6TH FLOOR, MAC F4031-061 DES MOINES, IA 50309 |
* | $ 36,752,895,000 | 2 | $ 133,000 |
FIFTH THIRD BANK MICHIGAN 5001 KINGSLEY DRIVE MD 1MOB2W CINCINNATI, OH 45227 |
* | $ 48,441,275,000 | 2 | $ 46,000 |
WARREN BANK 38880 GARFIELD CLINTON TOWNSHIP, MI 48038 |
* | $ 638,016,000 | 1 | $ 104,000 |
CHEMICAL BANK 333 E MAIN STREET MIDLAND, MI 48640 |
* | $ 3,781,333,000 | 1 | $ 75,000 |
US MORTGAGE CORPORATION 19D CHAPIN ROAD PINE BROOK, NJ 07058 |
* | $ 10,000,000 | 1 | $ 68,000 |
US BANK, N.A. 777 EAST WISCONSIN AVE MILWAUKEE, WI 53202 |
* | $ 217,802,326,000 | 1 | $ 87,000 |
CAPITAL MORTGAGE FUNDING, LLC 17170 WEST 12 MILE ROAD SOUTHFIELD, MI 48076 |
* | $ 10,000,000 | 1 | $ 116,000 |
MORTGAGE PLUS OF AMERICA CORP 3245 S 8TH STREET KALAMAZOOO, MI 49009 |
* | $ 10,000,000 | 1 | $ 57,000 |
AMERICAN EQUITY MORTGAGE, INC. 11933 WESTLINE INDUSTRIAL DRIVE SAINT LOUIS, MO 63146 |
* | $ 10,000,000 | 1 | $ 32,000 |
AMERIQUEST MORTGAGE COMPANY 1100 TOWN & COUNTRY ROAD ORANGE, CA 92868 |
* | $ 10,000,000 | 1 | $ 68,000 |
PNC BANK N.A. 249 FIFTH AVE. MS P1-POPP-22-2 PITTSBURGH, PA 15222 |
* | $ 90,142,449,000 | 1 | $ 29,000 |
E*TRADE BANK 671 NORTH GLEBE RD, 12TH FLOOR ARLINGTON, VA 22203 |
* | $ 41,551,082,000 | 1 | $ 150,000 |
FIRSTBANK - ST JOHNS MTG CO 201 N CLINTON AVE ST JOHNS, MI 48879 |
* | $ 35,330,000 | 1 | $ 88,000 |
WOLVERINE BANK FSB 5710 EASTMAN AVE MIDLAND, MI 48640 |
* | $ 304,044,000 | 1 | $ 97,000 |
HSBC MORTGAGE SERVICES, INC. 26525 NORTH RIVERWOODS BLVD. METTAWA, IL 60045 |
* | $ 16,981,282,000 | 1 | $ 142,000 |
MERCANTILE BANK MTG CO LLC 4613 ALPINE AVE NW COMSTOCK PARK, MI 49321 |
* | $ 698,000,000 | 1 | $ 344,000 |
CF BANCORP MORTGAGE COMPANY 525 WATER STREET PORT HURON, MI 48060 |
* | $ 1,422,966,000 | 1 | $ 176,000 |
SUTTON BANK 1 SOUTH MAIN ST ATTICA, OH 44807 |
* | $ 319,310,000 | 1 | $ 200,000 |
TBK BANK, SSB 12700 PARK CENTRAL DRIVE STE #1700 DALLAS, TX 75251 |
* | $ 146,449,000 | 1 | $ 66,000 |
MERCANTILE BANK OF MICHIGAN 310 LEONARD ST NW GRAND RAPIDS, MI 49504 |
* | $ 2,065,067,000 | 1 | $ 65,000 |
1ST STATE FINANCIAL, LTD. PO BOX 1468 SAGINAW, MI 48605 |
* | $ 95,398,000 | 1 | $ 113,000 |
ZEAL CREDIT UNION 17250 NEWBURGH LIVONIA, MI 48152 |
* | $ 284,623,000 | 1 | $ 208,000 |
EVERBANK 8100 NATIONS WAY JACKSONVILLE, FL 32256 |
* | $ 4,173,972,000 | 1 | $ 183,000 |
MWABANK 1701 1ST AVENUE ROCK ISLAND, IL 61201 |
* | $ 152,072,000 | 1 | $ 71,000 |
JOLT CREDIT UNION 6180 STATE STREET SAGINAW, MI 48603 |
* | $ 204,168,000 | 1 | $ 95,000 |
MICHIGAN STATE UNIVERSITY FEDERAL CREDIT UNION 3777 WEST ROAD EAST LANSING, MI 48823 |
* | $ 1,317,634,000 | 1 | $ 15,000 |
NUUNION CREDIT UNION 501 S CAPITOL LANSING, MI 48933 |
* | $ 785,973,000 | 1 | $ 32,000 |
MIDWEST FINANCIAL CREDIT UNION 2400 GREEN RD ANN ARBOR, MI 48105 |
* | $ 190,625,000 | 1 | $ 20,000 |
FIRST GENERAL 589 E ELLIS RD MUSKEGON, MI 49441 |
* | $ 38,919,000 | 1 | $ 3,000 |
COLORADO FEDERAL SAVINGS BANK 8400 EAST PRENTICE AVE, SUITE 545 GREENWOOD VILLAGE, CO 80111 |
* | $ 57,237,000 | 1 | $ 58,000 |
RAYMOND JAMES BANK 710 CARILLON PKWY ST PETERSBURG, FL 33716 |
* | $ 3,358,245,000 | 1 | $ 169,000 |
NFCU 820 FOLLIN LANE VIENNA, VA 22180 |
* | $ 27,121,892,000 | 1 | $ 167,000 |
MEMBER FIRST MORTGAGE, LLC 616 44TH STREET SE GRAND RAPIDS, MI 49548 |
* | $ 11,800,000 | 1 | $ 92,000 |
ORIGEN FINANCIAL SERVICES LLC 27777 FRANKLIN ROAD SUITE 1710 SOUTHFIELD, MI 48034 |
* | $ 10,000,000 | 1 | $ 35,000 |
LSI MORTGAGE PLUS 6470 E JOHNS CROSSING STE 400 DULUTH, GA 30097 |
* | $ 1,704,000 | 1 | $ 111,000 |
GREENSTONE FARM CREDIT SERVICES, FLCA 3515 WEST RD EAST LANSING, MI 48823 |
* | $ 10,000,000 | 1 | $ 182,000 |
AMERICAN GENERAL FIN.SERV.(DE) 601 N.W. SECOND STREET, P.O. BOX 59 EVANSVILLE, IN 47701 |
* | $ 10,000,000 | 1 | $ 2,000 |
REALTY MORTGAGE 215 KATHERINE DR. FLOWOOD, MS 39232 |
* | $ 10,000,000 | 1 | $ 155,000 |
NATIONWIDE ADVANTAGE MORTGAGE 1100 LOCUST ST DES MOINES, IA 50391 |
* | $ 31,000,000 | 1 | $ 60,000 |
ARGENT MORTGAGE COMPANY 1100 TOWN & COUNTRY ORANGE, CA 92868 |
* | $ 10,000,000 | 1 | $ 60,000 |
SRC MORTGAGE 3744 28TH ST GRAND RAPIDS, MI 49512 |
* | $ 175,085,370,000 | 1 | $ 30,000 |
ACE MORTGAGE FUNDING, LLC. 7820 INNOVATION BLVD. SUITE 300 INDIANAPOLIS, IN 46278 |
* | $ 10,000,000 | 1 | $ 104,000 |
ARK-LA-TEX FINANCIAL SERVICES 5160 TENNYSON PKWY, SUITE 2000W PLANO, TX 75024 |
* | $ 10,000,000 | 1 | $ 116,000 |
D & R MORTGAGE CORP 29870 MIDDLEBELT ROAD FARMINGTON HILLS, MI 48334 |
* | $ 10,000,000 | 1 | $ 114,000 |
MERRILL LYNCH MORTGAGE LENDING 4 WORLD FINANCIAL CENTER, 12TH FLOOR NEW YORK, NY 10280 |
* | $ 19,717,040,000 | 1 | $ 71,000 |
MILLENNIA MORTGAGE CORPORATION 9891 IRVINE CENTER DRIVE, STE. 200 IRVINE, CA 92618 |
* | $ 10,000,000 | 1 | $ 144,000 |
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 |
---|---|---|---|---|---|---|
Refinancing | 735 | $72,320,000 | $98,000 | $716,000 | $53,000 | $534,000 |
Home Purchase | 313 | $27,837,000 | $88,000 | $385,000 | $57,000 | $720,000 |
Home Improvement | 110 | $4,376,000 | $39,000 | $315,000 | $62,000 | $1,560,000 |
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 | 941 | $84,023,000 | $89,000 | $417,000 | $58,000 | $1,560,000 |
Not applicable | 99 | $10,190,000 | $102,000 | $716,000 | $14,000 | $328,000 |
Not Provided | 99 | $8,561,000 | $86,000 | $280,000 | $60,000 | $534,000 |
Hispanic | 8 | $748,000 | $93,000 | $137,000 | $56,000 | $110,000 |
Asian | 4 | $313,000 | $78,000 | $159,000 | $85,000 | $173,000 |
Black or African American | 4 | $383,000 | $95,000 | $147,000 | $56,000 | $64,000 |
American Indian or Alaskan Native | 3 | $315,000 | $105,000 | $167,000 | $73,000 | $113,000 |
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) | 1,048 | $94,723,000 | $90,000 | $716,000 | $57,000 | $1,560,000 |
FHA-insured (Federal Housing Administration) | 62 | $5,961,000 | $96,000 | $194,000 | $38,000 | $148,000 |
FSA/RHS (Farm Service Agency or Rural Housing Service) | 41 | $3,326,000 | $81,000 | $223,000 | $24,000 | $74,000 |
VA-guaranteed (Veterans Administration) | 7 | $523,000 | $74,000 | $87,000 | $26,000 | $47,000 |
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 | 453 | $39,227,000 | $86,000 | $417,000 | $64,000 | $720,000 |
Application Denied By Financial Institution | 292 | $25,401,000 | $86,000 | $315,000 | $53,000 | $1,560,000 |
Loan Purchased By The Institution | 202 | $20,970,000 | $103,000 | $716,000 | $37,000 | $328,000 |
Application Withdrawn By Applicant | 95 | $8,215,000 | $86,000 | $292,000 | $51,000 | $216,000 |
Application Approved But Not Accepted | 79 | $6,551,000 | $82,000 | $280,000 | $46,000 | $140,000 |
File Closed For Incompleteness | 35 | $3,982,000 | $113,000 | $278,000 | $90,000 | $534,000 |
Preapproval Denied by Financial Institution | 2 | $187,000 | $93,000 | $128,000 | $33,000 | $48,000 |
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 |
---|---|---|---|---|---|---|
Credit History | 48 | $3,514,000 | $73,000 | $237,000 | $78,000 | $1,560,000 |
Collateral | 43 | $3,825,000 | $88,000 | $198,000 | $58,000 | $170,000 |
Debt-To-Income Ratio | 28 | $2,834,000 | $101,000 | $300,000 | $32,000 | $81,000 |
Other | 17 | $1,675,000 | $98,000 | $225,000 | $67,000 | $184,000 |
Credit Application Incomplete | 16 | $1,346,000 | $84,000 | $237,000 | $62,000 | $168,000 |
Unverifiable Information | 5 | $706,000 | $141,000 | $263,000 | $65,000 | $84,000 |
Insufficient Cash (Downpayment, Closing Cost) | 2 | $189,000 | $94,000 | $160,000 | $48,000 | $54,000 |
Employment History | 1 | $54,000 | $54,000 | $54,000 | $67,000 | $67,000 |
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.