Arenac County MI
Mortgage Loan Application
Totals and Details
for 2016
Find mortgage statistics and lending data for the Arenac 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 Arenac 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 | 538 |
| Total Mortgage Loan Application Amount | $48,165,000 |
| Average Mortgage Loan Application Amount | $89,000 |
| Highest Mortgage Loan Application Amount | $480,000 |
| Average Applicant Income | $68,000 |
| Highest Applicant Income | $685,000 |
* 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 |
|---|---|---|---|---|
| CHEMICAL BANK 333 E MAIN STREET MIDLAND, MI 48640 |
* | $ 9,166,710,000 | 44 | $ 2,887,000 |
| FLAGSTAR BANK, FSB 5151 CORPORATE DRIVE TROY, MI 48098 |
* | $ 13,649,486,000 | 26 | $ 2,564,000 |
| INDEPENDENT BANK 4200 EAST BELTLINE GRAND RAPIDS, MI 49525 |
* | $ 2,397,774,000 | 24 | $ 1,400,000 |
| MEMBER FIRST MORTGAGE, LLC 616 44TH STREET SE GRAND RAPIDS, MI 49548 |
* | $ 11,800,000 | 22 | $ 1,613,000 |
| NEIGHBORHOOD MORTGAGE SOLUTION PO BOX 209 544 N MAIN ST FRANKENMUTH, MI 48734 |
* | $ 77,551,000 | 21 | $ 1,419,000 |
| WELLS FARGO BANK, NATIONAL ASSOCIATION 100 N MAIN STREET MAC D4001-042 WINSTON-SALEM, NC 27150 |
* | $ 1,610,580,000,000 | 18 | $ 1,885,000 |
| LOANDEPOT.COM, LLC 26642 TOWNE CENTRE DRIVE FOOTHILL RANCH, CA 92610 |
* | $ 138,031,000 | 17 | $ 1,931,000 |
| SUNRISE FAMILY CREDIT UNION 404 SOUTH EUCLID AVENUE BAY CITY, MI 48706 |
* | $ 106,598,000 | 16 | $ 799,000 |
| JPMORGAN CHASE BANK, NATIONAL ASSOCIATION 1111 POLARIS PARKWAY COLUMBUS, OH 43240 |
* | $ 1,914,658,000,000 | 13 | $ 1,350,000 |
| NATIONSTAR MORTGAGE LLC 8950 CYPRESS WATERS BLVD. COPPELL, TX 75019 |
* | $ 10,000,000 | 12 | $ 1,061,000 |
| PNC BANK, NATIONAL ASSOCIATION 249 FIFTH AVE. MS P1-POPP-22-2 PITTSBURGH, PA 15222 |
* | $ 348,291,098,000 | 11 | $ 1,130,000 |
| GENISYS 2100 EXECUTIVE HILLS BLVD AUBURN HILLS, MI 48326 |
* | $ 2,002,110,000 | 10 | $ 525,000 |
| AMERICAN FINANCIAL RESOURCES, INC. 9 SYLVAN WAY PARSIPPANY, NJ 07054 |
* | $ 10,000,000 | 10 | $ 774,000 |
| ACADEMY MORTGAGE CORPORATION 339 WEST 13490 SOUTH DRAPER, UT 84020 |
* | $ 10,000,000 | 9 | $ 793,000 |
| FIRSTMERIT BANK NA III CASCADE PLAZA - CAS46 AKRON, OH 44308 |
* | $ 25,520,808,000 | 9 | $ 494,000 |
| CITIBANK, NATIONAL ASSOCIATION 1 COURT SQUARE,43RD FLOOR LONG ISLAND CITY, NY 11120 |
* | $ 1,299,801,000,000 | 8 | $ 731,000 |
| THE HUNTINGTON NATIONAL BANK 7 EASTON OVAL EA5C242 COLUMBUS, OH 43219 |
* | $ 70,879,778,000 | 8 | $ 516,000 |
| CARRINGTON MORTGAGE SERVICES, LLC 1600 SO. DOUGLASS RD, SUITES 110 & 200A ANAHEIM, CA 92806 |
* | $ 945,758,000 | 7 | $ 788,000 |
| ISABELLA BANK 139 E. BROADWAY MT. PLEASANT, MI 48858 |
* | $ 1,616,259,000 | 7 | $ 533,000 |
| FRANKENMUTH CREDIT UNION 580 N. MAIN ST., PO BOX 209 FRANKENMUTH, MI 48734 |
* | $ 410,754,000 | 7 | $ 603,000 |
| FREEDOM MORTGAGE CORPORATION 10500 KINCAID DRIVE FISHERS, IN 46037 |
* | $ 10,000,000 | 7 | $ 707,000 |
| WANIGAS CREDIT UNION 4026 SHATTUCK RD SAGINAW, MI 48603 |
* | $ 306,566,000 | 6 | $ 435,000 |
| UNION HOME MORTGAGE CORP. 8241 DOW CIRCLE STRONGSVILLE, OH 44136 |
* | $ 10,000,000 | 6 | $ 437,000 |
| DITECH FINANCIAL LLC 1100 VIRGINIA DRIVE, SUITE 100 FORT WASHINGTON, PA 19034 |
* | $ 6,260,444,000 | 6 | $ 496,000 |
| USAA FEDERAL SAVINGS BANK 10750 MCDERMOTT FREEWAY SAN ANTONIO, TX 78288 |
* | $ 71,130,930,000 | 5 | $ 470,000 |
| UNITED BAY COMMUNITY CREDIT UNION 1309 N. LINCOLN AVE. BAY CITY, MI 48708 |
* | $ 187,199,000 | 5 | $ 224,000 |
| MORTGAGE CENTER L.C 29621 NORTHWESTERN HWY SOUTHFIELD, MI 48034 |
* | $ 30,000,000 | 5 | $ 564,000 |
| BANK OF AMERICA, NATIONAL ASSOCIATION 31303 AGOURA RD CA6-917-01-20 WESTLAKE VILLAGE, CA 91361 |
* | $ 1,639,305,000,000 | 5 | $ 812,000 |
| LAKE MICHIGAN CREDIT UNION PO BOX 2848 GRAND RAPIDS, MI 49501 |
* | $ 4,089,397,000 | 4 | $ 384,000 |
| TOWNE MORTGAGE COMPANY 2170 E. BIG BEAVER ROAD, SUITE A TROY, MI 48083 |
* | $ 35,475,880,000 | 4 | $ 258,000 |
| MERCANTILE BANK OF MICHIGAN 310 LEONARD ST NW GRAND RAPIDS, MI 49504 |
* | $ 2,883,076,000 | 4 | $ 390,000 |
| FIRST CHOICE LOAN SERVICES INC. ONE TOWER CENTER, FLOOR #18 EAST BRUNSWICK, NJ 08816 |
* | $ 669,000,000 | 4 | $ 548,000 |
| WILDFIRE CREDIT UNION 6640 BAY RD SAGINAW, MI 48604 |
* | $ 695,705,000 | 4 | $ 478,000 |
| DOW CHEMICAL EMPLOYEES' 600 E. LYON ROAD P.O. BOX 1649 MIDLAND, MI 48641 |
* | $ 1,464,830,000 | 4 | $ 287,000 |
| MORTGAGE 1 INCORPORATED 43456 MOUND ROAD STERLING HEIGHTS, MI 49314 |
* | $ 9,135,000 | 3 | $ 361,000 |
| NEW DAY FINANCIAL, LLC 8160 MAPLE LAWN BLVD. FULTON, MD 20759 |
* | $ 4,088,336,000 | 3 | $ 299,000 |
| EMBRACE HOME LOANS, INC. 25 ENTERPRISE CENTER MIDDLETOWN, RI 02842 |
* | $ 10,000,000 | 3 | $ 346,000 |
| PHH MORTGAGE CORPORATION 1 MORTGAGE WAY MT LAUREL, NJ 08054 |
* | $ 31,000,000 | 3 | $ 244,000 |
| MICHIGAN STATE UNIVERSITY FEDERAL CREDIT UNION 3777 WEST ROAD EAST LANSING, MI 48823 |
* | $ 3,034,515,000 | 3 | $ 112,000 |
| FIFTH THIRD MORTGAGE, MI LLC 5001 KINGSLEY DRIVE MD 1MOB2W CINCINNATI, OH 45227 |
* | $ 48,969,000 | 3 | $ 412,000 |
| CITIZENS BANK, NATIONAL ASSOCIATION ONE CITIZENS PLAZA PROVIDENCE, RI 02903 |
* | $ 108,064,717,000 | 3 | $ 30,000 |
| FRANKLIN AMERICAN MORTGAGE COMPANY 6100 TOWER CIRCLE SUITE 600 FRANKLIN, TN 37067 |
* | $ 10,000,000 | 3 | $ 189,000 |
| CROSSCOUNTRY MORTGAGE, INC. 6850 MILLER RD BRECKSVILLE, OH 44141 |
* | $ 10,000,000 | 2 | $ 299,000 |
| MORTGAGE RESEARCH CENTER, LLC 1400 VETERANS UNITED DR. COLUMBIA, MO 65203 |
* | $ 880,000,000 | 2 | $ 187,000 |
| SERVION, INC. 500 MAIN STREET NEW BRIGHTON, MN 55112 |
* | $ 250,000,000 | 2 | $ 219,000 |
| J. VIRGIL, INC. G3404 MILLER ROAD FLINT, MI 48507 |
* | $ 500,000 | 2 | $ 159,000 |
| FINANCIAL PLUS CREDIT UNION G-3381 VAN SLYKE RD, P.O. BOX 7006 FLINT, MI 48507 |
* | $ 459,037,000 | 2 | $ 105,000 |
| CITIMORTGAGE, INC. 1 COURT SQUARE, 43RD FLOOR LONG ISLAND CITY, NY 11120 |
* | $ 1,019,497,000,000 | 2 | $ 181,000 |
| FIFTH THIRD MORTGAGE COMPANY 5001 KINGSLEY DRIVE MD 1MOB2W CINCINNATI, OH 45227 |
* | $ 138,620,635,000 | 2 | $ 297,000 |
| FIRSTMERIT MORTGAGE CORP 4455 HILLS AND DALES RD. NW - MTG80 CANTON, OH 44708 |
* | $ 6,000,000,000 | 2 | $ 169,000 |
| MIDFIRST BANK 501 NW GRAND BLVD OKLAHOMA CITY, OK 73118 |
* | $ 11,567,246,000 | 2 | $ 176,000 |
| UNITED FINANCIAL CREDIT UNION 4685 STATE ST. SAGINAW, MI 48603 |
* | $ 185,895,000 | 2 | $ 278,000 |
| MOVEMENT MORTGAGE, LLC 8024 CALVIN HALL ROAD INDIAN LAND, SC 29707 |
* | $ 10,000,000 | 2 | $ 181,000 |
| ROYAL UNITED MORTGAGE LLC 7999 KNUE RD. STE 300 INDIANAPOLIS, IN 46250 |
* | $ 1,000,000,000 | 2 | $ 110,000 |
| PENNYMAC LOAN SERVICES LLC 3043 TOWNSGATE ROAD WESTLAKE VILLAGE, CA 91361 |
* | $ 39,000,000 | 2 | $ 180,000 |
| RELIANCE FIRST CAPITAL, LLC 201 OLD COUNTRY ROAD SUITE 205 MELVILLE, NY 11747 |
* | $ 100,000,000 | 2 | $ 310,000 |
| MICHIGAN MUTUAL, INC. 911 MILITARY STREET PORT HURON, MI 48060 |
* | $ 35,000,000,000 | 2 | $ 311,000 |
| GUARANTEED RATE, INC. 3940 NORTH RAVENSWOOD AVE CHICAGO, IL 60613 |
* | $ 10,000,000 | 2 | $ 256,000 |
| HEALTH ADVANTAGE FEDERAL CREDIT UNION 4550 STATE ST. SAGINAW, MI 48603 |
* | $ 125,689,000 | 2 | $ 136,000 |
| DFCU FINANCIAL 400 TOWN CENTER DRIVE DEARBORN, MI 48126 |
* | $ 4,020,891,000 | 2 | $ 259,000 |
| COPOCO COMMUNITY CREDIT UNION 4265 E WILDER RD BAY CITY, MI 48706 |
* | $ 100,700,000 | 2 | $ 78,000 |
| SECURITY CREDIT UNION 5255 SECURITY PARK BLVD HOLLY, MI 48442 |
* | $ 406,373,000 | 1 | $ 60,000 |
| PACIFIC UNION FINANCIAL, LLC 8900 FREEPORT PKWY, STE 150 IRVING, TX 75063 |
* | $ 40,000,000 | 1 | $ 145,000 |
| STEARNS LENDING, LLC 4 HUTTON CENTRE, 10TH FLOOR SANTA ANA, CA 92707 |
* | $ 10,000,000 | 1 | $ 135,000 |
| FIRST GUARANTY MORTGAGE CORPORATION 1900 GALLOWS ROAD, SUITE 800 TYSONS CORNER, VA 22182 |
* | $ 10,000,000 | 1 | $ 52,000 |
| CASE 4316 S PENNSYLVANIA AVE LANSING, MI 48911 |
* | $ 253,857,000 | 1 | $ 16,000 |
| ALLIANCE CATHOLIC CREDIT UNION 26913 NORTHWESTERN HWY STE 520 SOUTHFIELD, MI 48033 |
* | $ 425,518,000 | 1 | $ 3,000 |
| ELGA CREDIT UNION 2303 S. CENTER ROAD BURTON, MI 48519 |
* | $ 438,084,000 | 1 | $ 59,000 |
| IFREEDOM DIRECT CORPORATION 124 N. CHARLES LINDBERGH DRIVE SLC, UT 84116 |
* | $ 10,000,000 | 1 | $ 147,000 |
| FINANCIALEDGE COMMUNITY CREDIT UNION 1199 S. EUCLID AVE. BAY CITY, MI 48706 |
* | $ 86,293,000 | 1 | $ 44,000 |
| LAKE HURON CREDIT UNION 1540 TITTABAWASSEE RD SAGINAW, MI 48604 |
* | $ 46,180,000 | 1 | $ 60,000 |
| FIRST STATE BANK 24300 LITTLE MACK ST CLAIR SHORES, MI 48080 |
* | $ 652,972,000 | 1 | $ 52,000 |
| BBMC MORTGAGE, LLC 100 W. 22ND ST LOMBARD, IL 60148 |
* | $ 149,000,000 | 1 | $ 227,000 |
| CALIBER HOME LOANS, INC. 1525 S. BELTLINE ROAD COPPELL, TX 75019 |
* | $ 1,543,699,000 | 1 | $ 55,000 |
| ENVOY MORTGAGE, LTD 5100 WESTHEIMER RD, STE 320 HOUSTON, TX 77056 |
* | $ 10,000,000 | 1 | $ 64,000 |
| VILLAGE CAPITAL & INVESTMENT LLC 2863 ST. ROSE PARKWAY HENDERSON, NV 89052 |
* | $ 11,000,000 | 1 | $ 65,000 |
| NATIONS DIRECT MORTGAGE, LLC 5 HUTTON CENTRE DRIVE, SUITE 200 SANTA ANA, CA 92707 |
* | $ 11,000,000 | 1 | $ 147,000 |
| PLANET HOME LENDING, LLC 321 RESEARCH PARKWAY STE 300 MERIDEN, CT 06540 |
* | $ 50,442,000 | 1 | $ 159,000 |
| ARK-LA-TEX FINANCIAL SERVICES, LLC. 5160 TENNYSON PKWY STE 1000 PLANO, TX 75024 |
* | $ 10,000,000 | 1 | $ 50,000 |
| JAMES B. NUTTER & COMPANY 4153 BROADWAY KANSAS CITY, MO 64111 |
* | $ 145,480,000 | 1 | $ 230,000 |
| NEWREZ LLC 4000 CHEMICAL ROAD SUITE 200 PLYMOUTH MEETING, PA 19462 |
* | $ 10,000,000 | 1 | $ 110,000 |
| AMERICAN FINANCING CORPORATION 3045 S PARKER RD BUILDING B AURORA, CO 80014 |
* | $ 42,331,494,000 | 1 | $ 60,000 |
| AMERIFIRST FINANCIAL CORPORATION 950 TRADE CENTRE WAY SUITE 400 KALAMAZOO, MI 49009 |
* | $ 10,000,000 | 1 | $ 45,000 |
| UNITED SHORE FINANCIAL SERVICES, LLC 1414 EAST MAPLE ROAD TROY, MI 48083 |
* | $ 10,000,000 | 1 | $ 187,000 |
| THE STATE BANK 175 N LEROY ST FENTON, MI 48430 |
* | $ 444,444,000 | 1 | $ 148,000 |
| PLAZA HOME MORTGAGE, INC. 4820 EASTGATE MALL, STE 100 SAN DIEGO, CA 92121 |
* | $ 10,000,000 | 1 | $ 53,000 |
| STONEGATE MORTGAGE CORPORATION 9190 PRIORITY WAY WEST DRIVE INDIANAPOLIS, IN 46240 |
* | $ 10,000,000 | 1 | $ 35,000 |
| THE ANDERSON FINANCIAL GROUP, INC. 2421 N ASHLAND CHICAGO, IL 60614 |
* | $ 10,000,000 | 1 | $ 85,000 |
| TCF NATIONAL BANK 2508 LOUISE AVE S (PCC-2E-L) SIOUX FALLS, SD 57106 |
* | $ 20,703,184,000 | 1 | $ 55,000 |
| MANUFACTURERS AND TRADERS TRUST COMPANY 701 SENECA STREET - SUITE 330N BUFFALO, NY 14210 |
* | $ 122,099,687,000 | 1 | $ 305,000 |
| U.S. BANK NATIONAL ASSOCIATION 425 WALNUT STREET CINCINNATI, OH 45202 |
* | $ 417,458,234,000 | 1 | $ 85,000 |
| TALMER B&TC 2301 W BIG BEAVER RD TROY, MI 48084 |
* | $ 6,586,459,000 | 1 | $ 86,000 |
| GUARDIAN MORTGAGE COMPANY, INC 100 N. CENTRAL EXPRESSWAY SUITE 150 RICHARDSON, TX 75083 |
* | $ 2,214,138,000 | 1 | $ 156,000 |
| MASON STATE BANK 322 S. JEFFERSON STREET, P.O. BOX 130 MASON, MI 48854 |
* | $ 122,194,000 | 1 | $ 216,000 |
| THE DART BANK 368 S. PARK ST. MASON, MI 48854 |
* | $ 323,033,000 | 1 | $ 95,000 |
| MAIN STREET BANK 31780 TELEGRAPH ROAD, SUITE 100 BINGHAM FARMS, MI 48025 |
* | $ 199,537,000 | 1 | $ 100,000 |
| NORTH AMERICAN SAVINGS BANK, F.S.B. 12498 S 71 HIGHWAY GRANDVIEW, MO 64030 |
* | $ 1,580,860,000 | 1 | $ 145,000 |
| TRUIST BANK 3100 SMOKETREE CT FL 5 RALEIGH, NC 27604 |
* | $ 205,125,538,000 | 1 | $ 94,000 |
| TIAA, FSB 501 RIVERSIDE AVENUE JACKSONVILLE, FL 32202 |
* | $ 26,594,410,000 | 1 | $ 100,000 |
| MB FINANCIAL BANK, NATIONAL ASSOCIATION 6111 N. RIVER ROAD ROSEMONT, IL 60018 |
* | $ 15,536,515,000 | 1 | $ 142,000 |
| SUNTRUST BANK P.O. BOX 4418, MAIL CODE 0663 ATLANTA, GA 30302 |
* | $ 186,710,993,000 | 1 | $ 6,000 |
| EVANSVILLE TEACHERS 9520 ORMSBY STATION RD SUITE 20 LOUISVILLE, KY 40223 |
* | $ 1,179,529,000 | 1 | $ 178,000 |
| TEAM ONE CREDIT UNION 520 HAYDEN SAGINAW, MI 48607 |
* | $ 451,767,000 | 1 | $ 256,000 |
| VIBE 44575 W 12 MILE NOVI, MI 48377 |
* | $ 472,715,000 | 1 | $ 94,000 |
| LAFCU 106 N MARKETPLACE BLVD LANSING, MI 48917 |
* | $ 600,628,000 | 1 | $ 104,000 |
| INTERRA CREDIT UNION 300 W LINCOLN AVE GOSHEN, IN 46526 |
* | $ 803,396,000 | 1 | $ 103,000 |
| AMERIHOME MORTGAGE COMPANY, LLC 21215 BURBANK BLVD, SUITE 400 WOODLAND HILLS, CA 91367 |
* | $ 10,000,000 | 1 | $ 193,000 |
| HURON VALLEY FINANCIAL, INC. 2395 OAK VALLEY DRIVE, SUITE 200 ANN ARBOR, MI 48103 |
* | $ 10,000,000 | 1 | $ 231,000 |
| GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION 100 PHOENIX DR, STE 300 ANN ARBOR, MI 48108 |
* | $ 10,000,000 | 1 | $ 142,000 |
| KIAVI FUNDING, INC 315 MONTGOMERY STREET 16TH FLOOR SAN FRANCISCO, CA 94104 |
* | $ 41,332,772,000 | 1 | $ 80,000 |
| HANTZ BANK 26200 AMERICAN DRIVE, 2ND FLOOR SOUTHFIELD, MI 48034 |
* | $ 208,061,000 | 1 | $ 84,000 |
| HOWARD BANK 6011 UNIVERSITY BLVD #370 ELLICOTT CITY, MD 21043 |
* | $ 947,219,000 | 1 | $ 101,000 |
| AMERICAN INTERNET MORTGAGE, INC. 4121 CAMINO DEL RIO SOUTH SAN DIEGO, CA 92108 |
* | $ 10,000,000 | 1 | $ 90,000 |
| SOUTHWEST STAGE FUNDING, LLC 3345 S. VAL VISTA DRIVE, SUITE 300 GILBERT, AZ 85297 |
* | $ 5,889,539,000 | 1 | $ 51,000 |
| CHURCHILL MORTGAGE CORPORATION 761 OLD HICKORY BLVD SUITE 400 BRENTWOOD, TN 37027 |
* | $ 10,000,000 | 1 | $ 146,000 |
| LAND HOME FINANCIAL SERVICES, INC. 1355 WILLOW WAY, SUITE 250 CONCORD, CA 94520 |
* | $ 10,000,000 | 1 | $ 160,000 |
| THUMB NATIONAL BANK AND TRUST COMPANY 7254 MICHIGAN AVE., P.O. BOX 560 PIGEON, MI 48755 |
* | $ 233,583,000 | 1 | $ 61,000 |
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 Arenac County MI in 2016
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 | 266 | $27,600,000 | $103,000 | $480,000 | $73,000 | $685,000 |
| Home Purchase | 208 | $18,615,000 | $89,000 | $275,000 | $63,000 | $423,000 |
| Home Improvement | 64 | $1,950,000 | $30,000 | $160,000 | $64,000 | $263,000 |
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 | 445 | $39,822,000 | $89,000 | $313,000 | $71,000 | $685,000 |
| Not Provided | 58 | $5,482,000 | $94,000 | $480,000 | $72,000 | $345,000 |
| Not applicable | 25 | $2,193,000 | $87,000 | $193,000 | $23,000 | $480,000 |
| American Indian or Alaskan Native | 4 | $287,000 | $71,000 | $98,000 | $49,000 | $76,000 |
| Hispanic | 3 | $179,000 | $59,000 | $72,000 | $27,000 | $45,000 |
| Native Hawaiin or Other Pacific Islander | 1 | $55,000 | $55,000 | $55,000 | $0 | $0 |
| Asian | 1 | $72,000 | $72,000 | $72,000 | $149,000 | $149,000 |
| Black or African American | 1 | $75,000 | $75,000 | $75,000 | $24,000 | $24,000 |
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) | 388 | $33,977,000 | $87,000 | $480,000 | $81,000 | $685,000 |
| FHA-insured (Federal Housing Administration) | 102 | $9,543,000 | $93,000 | $229,000 | $34,000 | $120,000 |
| VA-guaranteed (Veterans Administration) | 26 | $3,001,000 | $115,000 | $230,000 | $49,000 | $182,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) | 22 | $1,644,000 | $74,000 | $193,000 | $26,000 | $61,000 |
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 | 277 | $25,014,000 | $90,000 | $313,000 | $76,000 | $685,000 |
| Application Denied By Financial Institution | 128 | $11,038,000 | $86,000 | $480,000 | $63,000 | $345,000 |
| Application Withdrawn By Applicant | 53 | $5,274,000 | $99,000 | $257,000 | $62,000 | $180,000 |
| Loan Purchased By The Institution | 35 | $3,261,000 | $93,000 | $207,000 | $42,000 | $480,000 |
| File Closed For Incompleteness | 25 | $2,110,000 | $84,000 | $208,000 | $69,000 | $480,000 |
| Application Approved But Not Accepted | 20 | $1,468,000 | $73,000 | $305,000 | $61,000 | $194,000 |
| 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 |
|---|---|---|---|---|---|---|
| Credit History | 26 | $1,539,000 | $59,000 | $285,000 | $72,000 | $316,000 |
| Collateral | 20 | $2,133,000 | $106,000 | $207,000 | $66,000 | $137,000 |
| Debt-To-Income Ratio | 14 | $713,000 | $50,000 | $106,000 | $39,000 | $77,000 |
| Credit Application Incomplete | 6 | $606,000 | $101,000 | $172,000 | $112,000 | $300,000 |
| Other | 6 | $1,074,000 | $179,000 | $480,000 | $136,000 | $345,000 |
| Insufficient Cash (Downpayment, Closing Cost) | 4 | $415,000 | $103,000 | $187,000 | $72,000 | $128,000 |
| Unverifiable Information | 2 | $337,000 | $168,000 | $229,000 | $78,000 | $93,000 |
| Employment History | 1 | $78,000 | $78,000 | $78,000 | $24,000 | $24,000 |
| 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.