Benzie County MI
Mortgage Loan Application
Totals and Details
for 2008

Find mortgage statistics and lending data for the Benzie 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 Benzie 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 780
Total Mortgage Loan Application Amount $133,220,000
Average Mortgage Loan Application Amount $170,000
Highest Mortgage Loan Application Amount $1,000,000
Average Applicant Income $89,000
Highest Applicant Income $1,480,000

Mortgage Company List for Lending in Benzie County MI for 2008

* 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
JPMORGAN CHASE BANK, NA
1111 POLARIS PARKWAY
COLUMBUS, OH 43240
* $ 1,318,888,000,000 90 $ 15,342,000
COUNTRYWIDE BANK FSB
30930 RUSSELL RANCH ROAD MS CA6-916-02-0
WESTLAKE VILLAGE, CA 91362
* $ 121,054,736,000 78 $ 13,077,000
THE HUNTINGTON NATIONAL BANK
7575 HUNTINGTON PARK DR
COLUMBUS, OH 43235
* $ 54,098,791,000 48 $ 6,799,000
FIFTH THIRD MORTGAGE, MI LLC
5001 KINGSLEY DRIVE MD 1MOB2W
CINCINNATI, OH 45227
* $ 48,969,650,000 40 $ 7,598,000
GMAC MORTGAGE LLC
1100 VIRGINIA DRIVE
FT. WASHINGTON, PA 19034
* $ 31,000,000 37 $ 6,568,000
FIFTH THIRD MORTGAGE COMPANY
5001 KINGSLEY DRIVE MD 1MOB2W
CINCINNATI, OH 45227
* $ 61,450,273,000 30 $ 5,782,000
WELLS FARGO BANK, NA
1 HOME CAMPUS, 4TH FLOOR, MAC X2301-042
DES MOINES, IA 50328
* $ 467,861,000,000 27 $ 5,516,000
FLAGSTAR BANK
5151 CORPORATE DR
TROY, MI 48098
* $ 15,757,171,000 26 $ 4,782,000
NATIONAL CITY BANK
1900 E NINTH ST LOC 01-3144
CLEVELAND, OH 44114
* $ 138,755,343,000 17 $ 3,172,000
BENEFICIAL COMPANY LLC
26525 NORTH RIVERWOODS BLVD.
METTAWA, IL 60045
* $ 4,017,643,000 16 $ 2,124,000
CITICORP TRUST BANK, FSB
601 LEXINGTON AVENUE, 20TH FLOOR
NEW YORK, NY 10022
* $ 18,878,056,000 16 $ 2,184,000
ALLY BANK F/K/A/ GMAC BANK
1100 VIRGINIA DRIVE
FT. WASHINGTON, PA 19034
* $ 28,404,352,000 16 $ 2,991,000
CITIMORTGAGE, INC
601 LEXINGTON AVENUE, 20TH FLOOR
NEW YORK, NY 10022
* $ 1,019,497,000,000 15 $ 2,912,000
FIFTH THIRD BANK MICHIGAN
5001 KINGSLEY DRIVE MD 1MOB2W
CINCINNATI, OH 45227
* $ 53,421,606,000 14 $ 1,774,000
CITIZENS BANK
328 S SAGINAW ST
FLINT, MI 48502
* $ 12,524,748,000 11 $ 1,223,000
CITIFINANCIAL, INC.
300 ST. PAUL PLACE
BALTIMORE, MD 21202
* $ 1,494,037,000,000 11 $ 655,000
BANK OF AMERICA, N.A.
4500 PARK GRANADA
CALABASAS, CA 91302
* $ 1,312,794,218,000 10 $ 1,241,000
FIRST TENNESSEE BANK NA
165 MADISON 5TH FLOOR
MEMPHIS, TN 38103
* $ 36,725,591,000 10 $ 1,653,000
TAYLOR, BEAN & WHITAKER
315 NE 14TH STREET
OCALA, FL 34470
* $ 10,000,000 10 $ 1,032,000
ARBOR MORTGAGE CORPORATION
2311 EAST BELTLINE AVE SE 200
GRAND RAPIDS, MI 49546
* $ 15,555,000 9 $ 1,064,000
HFC COMPANY LLC
26525 NORTH RIVERWOODS BLVD.
METTAWA, IL 60045
* $ 15,000,000 9 $ 1,201,000
MICHIGAN STATE UNIVERSITY FEDERAL CREDIT UNION
3777 WEST ROAD
EAST LANSING, MI 48823
* $ 1,450,443,000 8 $ 1,769,000
EMBRACE HOME LOANS, INC.
25 ENTERPRISE CENTER
MIDDLETOWN, RI 02842
* $ 10,000,000 6 $ 888,000
WOLVERINE BANK FSB
5710 EASTMAN AVE
MIDLAND, MI 48640
* $ 311,585,000 6 $ 1,111,000
STATE FARM BANK
1 STATE FARM PLAZA
BLOOMINGTON, IL 61710
* $ 15,898,003,000 6 $ 783,000
WELLS FARGO FIN'L AMERICA, INC
800 WALNUT ST, 6TH FLOOR, MAC F4031-061
DES MOINES, IA 50309
* $ 36,752,895,000 6 $ 681,000
COUNTRYWIDE HOME LOANS
30930 RUSSELL RANCH ROAD MS WLRR-148
WESTLAKE VILLAGE, CA 91362
* $ 199,946,230,000 5 $ 757,000
INDEPENDENT MORTGAGE CO
230 W MAIN ST
IONIA, MI 48846
* $ 3,268,684,000 5 $ 659,000
RBS CITIZENS, N.A.
ONE CITIZENS PLAZA
PROVIDENCE, RI 02903
* $ 128,863,082,000 5 $ 143,000
FIRST NATIONAL BANK OF AMERICA
241 EAST SAGINAW
EAST LANSING, MI 48823
* $ 395,864,000 5 $ 255,000
WACHOVIA MORTGAGE FSB
TONYA YOUNG 100 N MAIN ST MAC D4001-063
WINSTON-SALEM, NC 27101
* $ 56,294,475,000 5 $ 1,139,000
AMTRUST BANK
1801 E. 9TH ST #200
CLEVELAND, OH 44114
* $ 16,938,391,000 5 $ 1,227,000
ELOAN
9600 WEST BRYN MAWR
ROSEMONT, IL 60018
* $ 48,624,000,000 5 $ 755,000
MACATAWA BANK
PO BOX 3119
HOLLAND, MI 49422
* $ 2,130,869,000 4 $ 499,000
THE BANK OF HOLLAND
150 CENTRAL AVE
HOLLAND, MI 49423
* $ 528,808,000 4 $ 703,000
BUSEY BANK
100 W UNIVERSITY AVE
CHAMPAIGN, IL 61820
* $ 3,699,454,000 4 $ 2,093,000
BRANCH BANKING AND TRUST CO
223 W NASH STREET
WILSON, NC 27893
* $ 127,698,351,000 4 $ 515,000
USAA FEDERAL SAVINGS BANK
10750 MCDERMOTT FREEWAY
SAN ANTONIO, TX 78288
* $ 30,219,506,000 4 $ 455,000
PROGRESSIVE MORTGAGE COMPANY
125 S. FIFTH AVE.
ANN ARBOR, MI 48104
* $ 327,000,000 3 $ 702,000
US BANK NORTH DAKOTA
777 EAST WISCONSIN AVE
MILWAUKEE, WI 53202
* $ 5,028,246,000 3 $ 463,000
HSBC MORTGAGE CORP
2929 WALDEN AVE
DEPEW, NY 14043
* $ 92,958,000 3 $ 839,000
CITIBANK, N.A.
601 LEXINGTON AVENUE, 20TH FLOOR
NEW YORK, NY 10022
* $ 1,251,715,000,000 3 $ 200,000
1ST SOURCE BANK
P O BOX 1602 SUITE 400
SOUTH BEND, IN 46634
* $ 3,974,460,000 3 $ 687,000
CHEMICAL BANK
333 E MAIN STREET
MIDLAND, MI 48640
* $ 3,746,851,000 3 $ 854,000
WELLS FARGO FUNDING, INC
100 N MAIN STREEET MAC D4001-063
WINSTON-SALEM, NC 27150
* $ 25,457,000 3 $ 778,000
FIRST RESIDENTIAL MORTGAGE
9721 ORMSBY STATION RD.
LOUISVILLE, KY 40223
* $ 10,000,000 3 $ 378,000
NATIONWIDE MORTGAGE CONCEPTS,
40380 DESERT CREEK LANE
RANCHO MIRAGE, CA 92270
* $ 10,000,000 3 $ 321,000
AMERICAN GENERAL FIN.SERV.(DE)
601 N.W. SECOND STREET, P.O. BOX 59
EVANSVILLE, IN 47701
* $ 10,000,000 3 $ 129,000
LAKE MICHIGAN CREDIT UNION
PO BOX 2848
GRAND RAPIDS, MI 49501
* $ 1,285,200,000 3 $ 318,000
DOW CHEMICAL EMPLOYEES'
600 E. LYON ROAD P.O. BOX 1649
MIDLAND, MI 48641
* $ 1,066,680,000 3 $ 298,000
CAPITAL MORTGAGE FUNDING, LLC
17170 WEST 12 MILE ROAD
SOUTHFIELD, MI 48076
* $ 10,000,000 3 $ 626,000
FRANKLIN AMERICAN MORTGAGE CO
501 CORPORATE CENTRE DRIVE, SUITE 400
FRANKLIN, TN 37067
* $ 10,000,000 3 $ 600,000
PROVIDENT FUNDING ASSOCIATES, L.P.
851 TRAEGER AVENUE, SUITE 100
SAN BRUNO, CA 94066
* $ 10,000,000 3 $ 852,000
HOMECOMINGS FINANCIAL LLC
1100 VIRGINIA DRIVE
FT. WASHINGTON, PA 19034
* $ 10,000,000 3 $ 705,000
IDEAL MORTGAGE BANKERS, LTD
520 BROADHOLLOW ROAD
MELVILLE, NY 11747
* $ 10,000,000 2 $ 293,000
BESTSOURCE CU
1054 W HURON STREET
WATERFORD, MI 48328
* $ 117,279,000 2 $ 230,000
MICHIGAN EDUCATIONAL
9200 HAGGERTY ROAD
PLYMOUTH, MI 48170
* $ 490,619,000 2 $ 124,000
WILDFIRE CREDIT UNION
6640 BAY RD
SAGINAW, MI 48604
* $ 443,804,000 2 $ 179,000
EVERBANK
8100 NATIONS WAY
JACKSONVILLE, FL 32256
* $ 5,518,089,000 2 $ 629,000
ING BANK, FSB
1 SOUTH ORANGE STREET
WILMINGTON, DE 19801
* $ 79,977,597,000 2 $ 538,000
AMERIPRISE BANK, FSB
707 2ND AVENUE SOUTH
MINNEAPOLIS, MN 55474
* $ 1,560,922,000 2 $ 380,000
MERRILL LYNCH CREDIT CORP.
4804 DEER LAKE DRIVE EAST BLDG 3 FL 5
JACKSONVILLE, FL 32246
* $ 4,500,000,000 2 $ 928,000
NFCU
820 FOLLIN LANE
VIENNA, VA 22180
* $ 33,011,920,000 2 $ 252,000
PHH MORTGAGE CORPORATION
1 MORTGAGE WAY
MT LAUREL, NJ 08054
* $ 31,000,000 2 $ 317,000
MEMBER FIRST MORTGAGE, LLC
616 44TH STREET SE
GRAND RAPIDS, MI 49548
* $ 11,800,000 2 $ 225,000
NEW DAY FINANCIAL, LLC
8160 MAPLE LAWN BLVD.
FULTON, MD 20759
* $ 4,088,336,000 2 $ 268,000
D & R MORTGAGE CORP
29870 MIDDLEBELT ROAD
FARMINGTON HILLS, MI 48334
* $ 10,000,000 2 $ 269,000
US BANK, N.A.
777 EAST WISCONSIN AVE
MILWAUKEE, WI 53202
* $ 232,759,503,000 2 $ 615,000
CAPITAL ONE HOME LOANS, LLC
12800 FOSTER STREET
OVERLAND PARK, KS 66213
* $ 88,701,411,000 2 $ 457,000
SOUTH CENTRAL BANK, NATIONAL ASSOCIATION
525 W ROOSEVELT RD
CHICAGO, IL 60607
* $ 209,465,000 2 $ 22,000
GUARANTY BANK
8333 DOUGLAS AVENUE
DALLAS, TX 75225
* $ 16,674,004,000 2 $ 331,000
NPB MORTGAGE LLC
3333 DEPOSIT DRIVE NE
GRAND RAPIDS, MI 49546
* $ 145,000,000 2 $ 165,000
FIRST STATE MORTGAGE SERVICES, LLC
502 N HERSHEY ROAD
BLOOMINGTON, IL 61704
* $ 327,995,000 2 $ 378,000
EQUIFIRST CORPORATION
13000 S TRYON ST, STE F, PMB 317
CHARLOTTE, NC 28278
* $ 343,735,670,000 2 $ 307,000
WARREN BANK MORTGAGE COMPANY
38880 GARFIELD
CLINTON TOWNSHIP, MI 48038
* $ 638,691,000 1 $ 176,000
THE OLD FORT BANKING COMPANY
8034 MAIN STREET
OLD FORT, OH 44861
* $ 378,811,000 1 $ 400,000
THE UNION BANK COMPANY
105 PROGRESSIVE DRIVE
COLUMBUS GROVE, OH 45830
* $ 547,118,000 1 $ 740,000
MBANK
130 S CEDAR ST
MANISTIQUE, MI 49854
* $ 408,331,000 1 $ 400,000
THE HOME SAVINGS AND LOAN COMP
275 W FEDERAL ST
YOUNGSTOWN, OH 44503
* $ 2,751,545,000 1 $ 464,000
MONARCH COMMUNITY BANK
375 N WILLOWBROOK RD
COLDWATER, MI 49036
* $ 278,181,000 1 $ 204,000
FOUNDERS BANK & TRUST
5200 CASCADE ROAD SE
GRAND RAPIDS, MI 49546
* $ 337,640,000 1 $ 300,000
FOX RIVER STATE BANK
241 E JEFFERSON STREET
BURLINGTON, WI 53105
* $ 89,810,000 1 $ 417,000
STOCK YARDS BANK & TRUST COMPANY
1040 EAST MAIN STREET
LOUISVILLE, KY 40206
* $ 1,475,548,000 1 $ 350,000
FOUNDERS MORTGAGE COMPANY LLC
5200 CASCADE ROAD SE
GRAND RAPIDS, MI 49546
* $ 197,491,000 1 $ 289,000
GATEWAY BANK, FSB
2336 MERCED STREET
SAN LEANDRO, CA 94577
* $ 403,955,000 1 $ 204,000
FIRST PLACE BANK
185 EAST MARKET
WARREN, OH 44481
* $ 33,000 1 $ 202,000
HCB MORTGAGE COMPANY
150 W COURT
HASTINGS, MI 49058
* $ 237,469,000 1 $ 324,000
UNITED MORTGAGE COMPANY
205 E. CHICAGO BLVD.
TECUMSEH, MI 49286
* $ 468,861,000 1 $ 183,000
E*TRADE BANK
671 NORTH GLEBE RD, 12TH FLOOR
ARLINGTON, VA 22203
* $ 51,623,321,000 1 $ 380,000
AURORA BANK FSB
1271 SIXTH AVENUE, 46TH FLOOR
NEW YORK, NY 10020
* $ 16,047,364,000 1 $ 131,000
FIRST NATIONAL ACCEPTANCE COMPANY
241 EAST SAGINAW/P.O. BOX 980
EAST LANSING, MI 48826
* $ 10,498,000 1 $ 143,000
PNC BANK N.A.
249 FIFTH AVE. MS P1-POPP-22-2
PITTSBURGH, PA 15222
* $ 124,782,289,000 1 $ 1,000,000
CAPITAL ONE NA
11130 INDUSTRIALPLEX BLVD
BATON ROUGE, LA 70809
* $ 97,517,902,000 1 $ 9,000
WACHOVIA MORTGAGE CORP
301 S COLLEGE ST
CHARLOTTE, NC 28202
* $ 2,687,938,000 1 $ 340,000
COMERICA BANK
500 WOODWARD AVE - MC 3352
DETROIT, MI 48226
* $ 62,539,056,000 1 $ 265,000
IRWIN UNION BANK
500 WASHINGTON ST
COLUMBUS, IN 47201
* $ 5,528,616,000 1 $ 169,000
THE NORTHERN TRUST COMPANY
50 S. LA SALLE, M-20
CHICAGO, IL 60603
* $ 58,398,420,000 1 $ 655,000
INDEPENDENT BANK
4200 EAST BELTLINE
GRAND RAPIDS, MI 49525
* $ 3,268,684,000 1 $ 23,000
BYRON BANK
2445 84TH STREET SW
BYRON CENTER, MI 49316
* $ 741,439,000 1 $ 27,000
UNITED BANK INC
5TH & AVERY/UNITED SQUARE
PARKERSBURG, WV 26102
* $ 4,255,983,000 1 $ 152,000
SUNTRUST MORTGAGE, INC
901 SEMMES AVENUE
RICHMOND, VA 23224
* $ 175,107,526,000 1 $ 170,000
AMERA MORTGAGE CORPORATION
1050 CORPORATE OFFICE DR #200
MILFORD, MI 48381
* $ 1,247,334,000 1 $ 220,000
WR STARKEY MORTGAGE LLP
6101 WEST PLANO PARKWAY
PLANO, TX 75093
* $ 10,000,000 1 $ 110,000
RESIDENTIAL FINANCE CORP.
401 N. FRONT STREET, SUITE 300
COLUMBUS, OH 43215
* $ 17,533,484,000 1 $ 168,000
ASSURITY FINANCIAL SERVICES
6025 SOUTH QUEBEC STREET, #260
ENGLEWOOD, CO 80111
* $ 10,000,000 1 $ 145,000
FIRST OHIO BANC & LENDING INC
6100 ROCKSIDE WOODS BLVD
INDEPENDENCE, OH 44131
* $ 10,000,000 1 $ 197,000
HOME LOAN CENTER
163 TECHNOLOGY DRIVE
IRVINE, CA 92618
* $ 10,000,000 1 $ 150,000
RESIDENTIAL FUNDING CORP. LLC
1100 VIRGINIA DRIVE
FT. WASHINGTON, PA 19034
* $ 10,000,000 1 $ 94,000
1ST ADVANTAGE MORTGAGE
701 E 22ND ST, STE 125
LOMBARD, IL 60148
* $ 10,000,000 1 $ 208,000
BIRMINGHAM BANCORP MORTGAGE
6230 ORCHARD LAKE ROAD
WEST BLOOMFIELD, MI 48322
* $ 10,000,000 1 $ 142,000
GREENSTONE FARM CREDIT SERVICES, FLCA
3515 WEST RD
EAST LANSING, MI 48823
* $ 10,000,000 1 $ 200,000
TRANEX FINANCIAL INC.
26200 AMERICAN DRIVE
SOUTHFIELD, MI 48034
* $ 10,000,000 1 $ 248,000
PHH HOME LOANS, LLC
1 MORTGAGE WAY 2ND FLOOR
MT LAUREL, NJ 08054
* $ 4,597,939,000 1 $ 54,000
AMERISAVE MORTGAGE CORPORATION
3525 PIEDMONT RD NE, 8 PIEDMONT CTR STE
ATLANTA, GA 30305
* $ 8,994,122,000 1 $ 80,000
SKYONE FEDERAL CREDIT UNION
14600 AVIATION BOULEVARD
HAWTHORNE, CA 90250
* $ 294,345,000 1 $ 360,000
UNITED
2807 SOUTH STATE ST
SAINT JOSEPH, MI 49085
* $ 749,620,000 1 $ 148,000
DFCU FINANCIAL
400 TOWN CENTER DRIVE
DEARBORN, MI 48126
* $ 1,868,073,000 1 $ 114,000
CP FINANCIAL CREDIT UNION
1100 CLINTON RD
JACKSON, MI 49202
* $ 293,150,000 1 $ 45,000
CHARLES SCHWAB BANK
211 MAIN STREET
SAN FRANCISCO, CA 94105
* $ 14,762,983,000 1 $ 265,000
CREDIT UNION ONE
400 E NINE MILE RD
FERNDALE, MI 48220
* $ 764,137,000 1 $ 5,000
FINANCIALEDGE COMMUNITY CREDIT UNION
1199 S. EUCLID AVE.
BAY CITY, MI 48706
* $ 50,508,000 1 $ 113,000
MICHIGAN SCHOOLS AND GOVERNMENT
40400 GARFIELD ROAD
CLINTON TOWNSHIP, MI 48038
* $ 839,762,000 1 $ 212,000
MARSHALL COMMUNITY CREDIT UNION
839 W GREEN ST
MARSHALL, MI 49068
* $ 136,343,000 1 $ 72,000
TOWNSTONE FINANACIAL, INC.
1141 W RANDOLPH
CHICAGO, IL 60607
* $ 10,000,000 1 $ 389,000
NATIONSTAR MORTGAGE LLC
8950 CYPRESS WATERS BLVD.
COPPELL, TX 75019
* $ 10,000,000 1 $ 124,000
SECURITY ATLANTIC WHOLESALE
499 THORNALL ST, SUITE 220
EDISON, NJ 08837
* $ 10,000,000 1 $ 197,000
IFREEDOM DIRECT CORPORATION
124 N. CHARLES LINDBERGH DRIVE
SLC, UT 84116
* $ 10,000,000 1 $ 144,000
HOMEPLUS FINANCE CORPORATION
2143 S. SEPULVEDA BLVD
LOS ANGELES, CA 90025
* $ 40,000,000 1 $ 4,000

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 Benzie County MI in 2008

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 586 $104,268,000 $177,000 $1,000,000 $86,000 $1,480,000
Home Purchase 155 $26,301,000 $169,000 $796,000 $100,000 $1,013,000
Home Improvement 39 $2,651,000 $67,000 $417,000 $94,000 $703,000

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 650 $113,184,000 $174,000 $796,000 $92,000 $1,480,000
Not Provided 76 $11,811,000 $155,000 $1,000,000 $98,000 $874,000
Not applicable 43 $6,899,000 $160,000 $413,000 $28,000 $425,000
Hispanic 7 $1,062,000 $151,000 $218,000 $84,000 $240,000
American Indian or Alaskan Native 4 $264,000 $66,000 $93,000 $44,000 $134,000
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) 634 $112,891,000 $178,000 $1,000,000 $100,000 $1,480,000
FHA-insured (Federal Housing Administration) 120 $17,082,000 $142,000 $270,000 $43,000 $196,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 23 $2,741,000 $119,000 $177,000 $34,000 $72,000
VA-guaranteed (Veterans Administration) 3 $506,000 $168,000 $206,000 $0 $0

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 300 $54,690,000 $182,000 $1,000,000 $117,000 $1,122,000
Application Denied By Financial Institution 197 $30,638,000 $155,000 $655,000 $84,000 $1,480,000
Loan Purchased By The Institution 134 $24,328,000 $181,000 $650,000 $42,000 $600,000
Application Withdrawn By Applicant 66 $11,190,000 $169,000 $465,000 $81,000 $308,000
Application Approved But Not Accepted 61 $8,914,000 $146,000 $496,000 $84,000 $880,000
File Closed For Incompleteness 22 $3,460,000 $157,000 $369,000 $75,000 $200,000
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 45 $7,520,000 $167,000 $655,000 $127,000 $1,480,000
Debt-To-Income Ratio 25 $4,973,000 $198,000 $412,000 $86,000 $402,000
Credit History 21 $2,544,000 $121,000 $417,000 $65,000 $163,000
Credit Application Incomplete 14 $3,014,000 $215,000 $417,000 $83,000 $270,000
Unverifiable Information 14 $2,435,000 $173,000 $412,000 $143,000 $402,000
Other 12 $1,912,000 $159,000 $362,000 $66,000 $157,000
Employment History 2 $299,000 $149,000 $210,000 $66,000 $80,000
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