Find mortgage statistics and lending data for the Branch 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 Branch 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 | 1,515 |
Total Mortgage Loan Application Amount | $166,403,000 |
Average Mortgage Loan Application Amount | $109,000 |
Highest Mortgage Loan Application Amount | $891,000 |
Average Applicant Income | $77,000 |
Highest Applicant Income | $2,836,000 |
Mortgage Lender | Phone Number | Mortgage Lender Assets | Number of Mortgage Loan Applications | Total Dollar Amount of Mortgage Loan Applications |
---|---|---|---|---|
SOUTHERN MICHIGAN BANK & TRUST 51 WEST PEARL STREET COLDWATER, MI 49036 |
* | $ 492,939,000 | 206 | $ 20,411,000 |
MONARCH COMMUNITY BANK 375 N WILLOWBROOK RD COLDWATER, MI 49036 |
* | $ 256,156,000 | 170 | $ 16,036,000 |
AMERIFIRST FINANCIAL CORPORATI 616 WEST CENTRE AVENUE PORTAGE, MI 49024 |
* | $ 10,000,000 | 113 | $ 9,934,000 |
JPMORGAN CHASE BANK, NATIONAL ASSOCIATION 1111 POLARIS PARKWAY COLUMBUS, OH 43240 |
* | $ 1,791,060,000,000 | 113 | $ 10,892,000 |
OAK MORTGAGE, LLC 113-125 E CHICAGO RD STURGIS, MI 49091 |
* | $ 315,462,000 | 80 | $ 8,091,000 |
NEIGHBORHOOD MORTGAGE SOLUTION PO BOX 209 544 N MAIN ST FRANKENMUTH, MI 48734 |
* | $ 77,551,000 | 79 | $ 6,676,000 |
WELLS FARGO BANK, NATIONAL ASSOCIATION 100 N MAIN STREET MAC D4001-042 WINSTON-SALEM, NC 27150 |
* | $ 1,104,833,000,000 | 78 | $ 9,599,000 |
PNC BANK, NATIONAL ASSOCIATION 249 FIFTH AVE. MS P1-POPP-22-2 PITTSBURGH, PA 15222 |
* | $ 254,825,730,000 | 55 | $ 4,367,000 |
BANK OF AMERICA, NATIONAL ASSOCIATION 31303 AGOURA RD CA6-917-01-20 WESTLAKE VILLAGE, CA 91361 |
* | $ 1,454,050,584,000 | 37 | $ 4,600,000 |
THE HUNTINGTON NATIONAL BANK 7 EASTON OVAL EA5C242 COLUMBUS, OH 43219 |
* | $ 52,799,993,000 | 35 | $ 3,847,000 |
CONSUMERS PO BOX 525 OSHTEMO, MI 49077 |
* | $ 352,828,000 | 32 | $ 1,922,000 |
FLAGSTAR BANK, FSB 5151 CORPORATE DRIVE TROY, MI 48098 |
* | $ 12,648,357,000 | 30 | $ 3,244,000 |
FIFTH THIRD MORTGAGE COMPANY 5001 KINGSLEY DRIVE MD 1MOB2W CINCINNATI, OH 45227 |
* | $ 108,971,662,000 | 28 | $ 5,143,000 |
FIFTH THIRD BANK 38 FOUNTAIN SQUARE MD1090K1 CINCINNATI, OH 45263 |
* | $ 108,668,289,000 | 23 | $ 3,407,000 |
STURGIS BANK & TRUST COMPANY 113-125 E CHICAGO RD STURGIS, MI 49091 |
* | $ 369,812,000 | 20 | $ 729,000 |
CHEMICAL BANK 333 E MAIN STREET MIDLAND, MI 48640 |
* | $ 5,237,745,000 | 20 | $ 2,163,000 |
ALLEGIS CREDIT UNION 5713 VENTURE PARK DR. KALAMAZOO, MI 49009 |
* | $ 81,223,000 | 18 | $ 1,219,000 |
STATE FARM BANK, F.S.B. 1 STATE FARM PLAZA E-6 BLOOMINGTON, IL 61710 |
* | $ 14,796,328,000 | 16 | $ 1,199,000 |
ALLY BANK 2101 REXFORD ROAD, SUITE 350W CHARLOTTE, NC 28211 |
* | $ 77,423,723,000 | 16 | $ 3,394,000 |
FIFTH THIRD MORTGAGE, MI LLC 5001 KINGSLEY DRIVE MD 1MOB2W CINCINNATI, OH 45227 |
* | $ 48,969,000 | 12 | $ 1,478,000 |
GREENSTONE FARM CREDIT SERVICES, FLCA 3515 WEST RD EAST LANSING, MI 48823 |
* | $ 10,000,000 | 12 | $ 1,718,000 |
FIRST FEDERAL BANK OF THE MIDWEST 601 CLINTON STREET DEFIANCE, OH 43512 |
* | $ 2,029,891,000 | 12 | $ 2,366,000 |
CITIMORTGAGE, INC. 1 COURT SQUARE, 43RD FLOOR LONG ISLAND CITY, NY 11120 |
* | $ 1,019,497,000,000 | 11 | $ 1,315,000 |
GMAC MORTGAGE, LLC 1100 VIRGINIA DRIVE FT. WASHINGTON, PA 19034 |
* | $ 31,000,000 | 10 | $ 2,622,000 |
U.S. BANK NATIONAL ASSOCIATION 425 WALNUT STREET CINCINNATI, OH 45202 |
* | $ 310,099,589,000 | 10 | $ 982,000 |
MEMBER FIRST MORTGAGE, LLC 616 44TH STREET SE GRAND RAPIDS, MI 49548 |
* | $ 11,800,000 | 9 | $ 1,164,000 |
MORTGAGE INVESTORS CORP 6090 CENTRAL AVE ST. PETERSBURG, FL 33707 |
* | $ 10,000,000 | 9 | $ 842,000 |
COUNTY NATIONAL BANK ONE SOUTH HOWELL ST HILLSDALE, MI 49242 |
* | $ 347,123,000 | 9 | $ 1,105,000 |
CNB LENDING SERVICES, LLC ONE SOUTH HOWELL ST HILLSDALE, MI 49242 |
* | $ 247,881,000 | 8 | $ 599,000 |
FARMERS STATE BANK 220 S. DETROIT STREET LAGRANGE, IN 46761 |
* | $ 457,101,000 | 8 | $ 756,000 |
INDEPENDENT BANK 4200 EAST BELTLINE GRAND RAPIDS, MI 49525 |
* | $ 2,536,098,000 | 7 | $ 454,000 |
OMNI COMMUNITY CREDIT UNION PO BOX 1537 BATTLE CREEK, MI 49068 |
* | $ 253,853,000 | 7 | $ 570,000 |
FIRST NATIONAL BANK OF AMERICA 241 EAST SAGINAW EAST LANSING, MI 48823 |
* | $ 467,975,000 | 7 | $ 327,000 |
MARSHALL COMMUNITY CREDIT UNION 839 W GREEN ST MARSHALL, MI 49068 |
* | $ 146,095,000 | 6 | $ 606,000 |
THE STATE BANK AND TRUST COMPANY 401 CLINTON STREET DEFIANCE, OH 43512 |
* | $ 655,826,000 | 6 | $ 1,012,000 |
THE FARMERS & MERCHANTS STATE BANK 307 N DEFIANCE ST ARCHBOLD, OH 43502 |
* | $ 905,834,000 | 6 | $ 1,442,000 |
TOWER BANK AND TRUST 116 E BERRY ST FT WAYNE, IN 46802 |
* | $ 661,712,000 | 6 | $ 1,159,000 |
ARBOR MORTGAGE CORPORATION 2311 EAST BELTLINE AVE SE 200 GRAND RAPIDS, MI 49546 |
* | $ 15,555,000 | 5 | $ 596,000 |
GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION 100 PHOENIX DR, STE 300 ANN ARBOR, MI 48108 |
* | $ 10,000,000 | 4 | $ 588,000 |
SUMMIT MORTGAGE INC. 8614 ST JOE RD FORT WAYNE, IN 46835 |
* | $ 908,000 | 4 | $ 1,079,000 |
HOME LOAN CENTER, INC. 11115 RUSHMORE DRIVE CHARLOTTE, NC 28277 |
* | $ 10,000,000 | 4 | $ 557,000 |
CITIBANK, NATIONAL ASSOCIATION 1 COURT SQUARE,43RD FLOOR LONG ISLAND CITY, NY 11120 |
* | $ 1,216,291,000,000 | 4 | $ 708,000 |
MICHIGAN MUTUAL, INC. 911 MILITARY STREET PORT HURON, MI 48060 |
* | $ 35,000,000,000 | 4 | $ 593,000 |
WELLS FARGO FUNDING, INC 100 N MAIN STREEET MAC D4001-063 WINSTON-SALEM, NC 27150 |
* | $ 25,457,000 | 4 | $ 370,000 |
METLIFE BANK, N.A. 1555 WEST WALNUT HILL LANE, STE. 200 IRVING, TX 75038 |
* | $ 16,490,790,000 | 4 | $ 1,060,000 |
TIAA, FSB 501 RIVERSIDE AVENUE JACKSONVILLE, FL 32202 |
* | $ 12,522,585,000 | 3 | $ 314,000 |
NYCB MORTGAGE COMPANY, LLC 1801 EAST 9TH STREET CLEVELAND, OH 44114 |
* | $ 75,001,000 | 3 | $ 596,000 |
PROVIDENT FUNDING ASSOCIATES, L.P. 851 TRAEGER AVENUE, SUITE 100 SAN BRUNO, CA 94066 |
* | $ 10,000,000 | 3 | $ 384,000 |
TRUIST BANK 3100 SMOKETREE CT FL 5 RALEIGH, NC 27604 |
* | $ 153,341,765,000 | 3 | $ 783,000 |
AMERISAVE MORTGAGE CORPORATION 3525 PIEDMONT RD NE, 8 PIEDMONT CTR STE ATLANTA, GA 30305 |
* | $ 8,994,122,000 | 3 | $ 784,000 |
VILLAGE CAPITAL & INVESTMENT LLC 2863 ST. ROSE PARKWAY HENDERSON, NV 89052 |
* | $ 11,000,000 | 3 | $ 288,000 |
FREEDOM MORTGAGE CORPORATION 10500 KINCAID DRIVE FISHERS, IN 46037 |
* | $ 10,000,000 | 3 | $ 362,000 |
AMERA MORTGAGE CORPORATION 1050 CORPORATE OFFICE DRIVE, STE 250 MILFORD, MI 48381 |
* | $ 1,300,000,000 | 3 | $ 181,000 |
THREE RIVERS FEDERAL CREDIT UNION 1615 NORTHLAND BLVD FORT WAYNE, IN 46825 |
* | $ 636,953,000 | 3 | $ 586,000 |
LAKE CITY BANK P.O. BOX 1387 WARSAW, IN 46581 |
* | $ 2,678,828,000 | 3 | $ 714,000 |
FIRST PLACE BANK 185 EAST MARKET WARREN, OH 44481 |
* | $ 3,162,456,000 | 3 | $ 458,000 |
CITIZENS BANK 328 S SAGINAW ST FLINT, MI 48502 |
* | $ 9,709,977,000 | 3 | $ 268,000 |
FIRST FEDERAL SAVINGS BANK P.O. BOX 527 ROCHESTER, IN 46975 |
* | $ 360,247,000 | 3 | $ 304,000 |
SUCCESS MORTGAGE PARTNERS, INC. 1200 S. SHELDON RD. PLYMOUTH, MI 48170 |
* | $ 1,912,000 | 3 | $ 269,000 |
EMBRACE HOME LOANS, INC. 25 ENTERPRISE CENTER MIDDLETOWN, RI 02842 |
* | $ 10,000,000 | 3 | $ 251,000 |
MORTGAGE CENTER L.C 29621 NORTHWESTERN HWY SOUTHFIELD, MI 48034 |
* | $ 30,000,000 | 2 | $ 383,000 |
DIRECTIONS CREDIT UNION, INC. 5121 WHITEFORD ROAD SYLVANIA, OH 43560 |
* | $ 525,151,000 | 2 | $ 186,000 |
TALMER BANK AND TRUST 2301 W. BIG BEAVER RD., SUITE 200 TROY, MI 48084 |
* | $ 1,691,253,000 | 2 | $ 144,000 |
GOLD COAST BANK 1165 N. CLARK ST., SUITE 200 CHICAGO, IL 60610 |
* | $ 182,342,000 | 2 | $ 757,000 |
ADMIRALS BANK 15 PARK ROW WEST PROVIDENCE, RI 02903 |
* | $ 341,542,000 | 2 | $ 26,000 |
MIDWEST AMERICA 1104 MEDICAL PARK DR FORT WAYNE, IN 46825 |
* | $ 458,261,000 | 2 | $ 161,000 |
STAR FINANCIAL BANK 127 WEST BERRY ST FORT WAYNE, IN 46835 |
* | $ 1,603,122,000 | 2 | $ 555,000 |
AMERICAN INTERNET MORTGAGE, INC. 4121 CAMINO DEL RIO SOUTH SAN DIEGO, CA 92108 |
* | $ 10,000,000 | 2 | $ 333,000 |
POLARIS HOME FUNDING CORP. 151 44TH ST. SW GRANDVILLE, MI 49418 |
* | $ 10,000,000 | 2 | $ 265,000 |
FINANCE OF AMERICA REVERSE LLC 8023 EAST 63RD PLACE, SUITE 700 TULSA, OK 74133 |
* | $ 3,125,000 | 2 | $ 82,000 |
NEW DAY FINANCIAL, LLC 8160 MAPLE LAWN BLVD. FULTON, MD 20759 |
* | $ 4,088,336,000 | 2 | $ 294,000 |
RUOFF MORTGAGE COMPANY, INC. 1700 MAGNAVOX WAY SUITE 220 FORT WAYNE, IN 46804 |
* | $ 10,000,000 | 2 | $ 695,000 |
HOME SAVINGS OF AMERICA 35 E BROADWAY LITTLE FALLS, MN 56345 |
* | $ 457,501,000 | 2 | $ 200,000 |
THE PARK NATIONAL BANK 50 N THIRD STREET NEWARK, OH 43055 |
* | $ 6,495,558,000 | 2 | $ 794,000 |
ING BANK, FSB 1 SOUTH ORANGE STREET WILMINGTON, DE 19801 |
* | $ 91,413,704,000 | 2 | $ 260,000 |
MERRILL LYNCH CREDIT CORP 30930 RUSSELL RANCH RD CA6-916-01-14 WESTLAKE VILLAGE, CA 91362 |
* | $ 2,223,299,000 | 1 | $ 65,000 |
CITIFINANCIAL, INC. 300 ST. PAUL PLACE BALTIMORE, MD 21202 |
* | $ 1,494,037,000,000 | 1 | $ 16,000 |
SIGNATURE BANK, NATIONAL ASSOCIATION 4607 W. SYLVANIA AVE. TOLEDO, OH 43623 |
* | $ 507,755,000 | 1 | $ 211,000 |
GRAND BANK, NATIONAL ASSOCIATION 2297 HWY 33 HAMILTON, NJ 08690 |
* | $ 424,689,000 | 1 | $ 260,000 |
CIBC BANK USA 120 SOUTH LASALLE CHICAGO, IL 60603 |
* | $ 12,085,410,000 | 1 | $ 65,000 |
US BK NA ND 4325 17TH AVENUE, S.W. FARGO, ND 58103 |
* | $ 5,955,059,000 | 1 | $ 83,000 |
NAVY FEDERAL CREDIT UNION 820 FOLLIN LANE VIENNA, VA 22180 |
* | $ 44,423,207,000 | 1 | $ 83,000 |
IFREEDOM DIRECT CORPORATION 124 N. CHARLES LINDBERGH DRIVE SLC, UT 84116 |
* | $ 10,000,000 | 1 | $ 81,000 |
OLD NATIONAL BANK 1 MAIN STREET EVANSVILLE, IN 47708 |
* | $ 7,121,605,000 | 1 | $ 405,000 |
PROSPECT MORTGAGE, LLC 15301 VENTURA BLVD SUITE D300 SHERMAN OAKS, CA 91403 |
* | $ 10,000,000 | 1 | $ 72,000 |
KEYBANK NATIONAL ASSOCIATION 127 PUBLIC SQUARE CLEVELAND, OH 44114 |
* | $ 85,930,126,000 | 1 | $ 111,000 |
LOANDEPOT.COM, LLC 26642 TOWNE CENTRE DRIVE FOOTHILL RANCH, CA 92610 |
* | $ 138,031,000 | 1 | $ 125,000 |
PHH MORTGAGE CORPORATION 1 MORTGAGE WAY MT LAUREL, NJ 08054 |
* | $ 31,000,000 | 1 | $ 111,000 |
JAMES B. NUTTER & CO. 4153 BROADWAY KANSAS CITY, MO 64111 |
* | $ 31,000,000 | 1 | $ 90,000 |
MAIN STREET FINANCIAL 9953 CROSSPOINT BLVD. INDIANAPOLIS, IN 46256 |
* | $ 8,801,000 | 1 | $ 64,000 |
FIRST RESIDENTIAL MORTGAGE 9721 ORMSBY STATION RD. LOUISVILLE, KY 40223 |
* | $ 10,000,000 | 1 | $ 104,000 |
GUARDIAN MORTGAGE COMPANY, INC 100 N. CENTRAL EXPRESSWAY SUITE 190 RICHARDSON, TX 75083 |
* | $ 10,000,000 | 1 | $ 217,000 |
LIBERTY HOME EQUITY SOLUTIONS, INC. 10951 WHITE ROCK ROAD, SUITE 200 RANCHO CORDOVA, CA 95670 |
* | $ 60,629,000 | 1 | $ 103,000 |
AMERICAN FINANCIAL RESOURCES, INC. 9 SYLVAN WAY PARSIPPANY, NJ 07054 |
* | $ 10,000,000 | 1 | $ 210,000 |
FIRST MERCHANTS BANK, NA 200 E. JACKSON ST. MUNCIE, IN 47305 |
* | $ 4,147,658,000 | 1 | $ 217,000 |
HOMEOWNERS MORTGAGE OF AMERICA 100 GALLERIA PARKWAY STE 1400 ATLANTA, GA 30339 |
* | $ 10,000,000 | 1 | $ 196,000 |
FRANKLIN AMERICAN MORTGAGE COMPANY 6100 TOWER CIRCLE SUITE 600 FRANKLIN, TN 37067 |
* | $ 10,000,000 | 1 | $ 77,000 |
NATIONWIDE ADVANTAGE MORTGAGE 1100 LOCUST ST DES MOINES, IA 50391 |
* | $ 31,000,000 | 1 | $ 195,000 |
MVB MORTGAGE CORPORATION 24400 NORTHWESTERN HIGHWAY, SUITE 200 SOUTHFIELD, MI 48075 |
* | $ 10,000,000 | 1 | $ 133,000 |
NATIONSTAR MORTGAGE LLC 8950 CYPRESS WATERS BLVD. COPPELL, TX 75019 |
* | $ 10,000,000 | 1 | $ 71,000 |
FIRST CENTENNIAL MORTGAGE CORPORATION 2471 W SULLIVAN ROAD AURORA, IL 60506 |
* | $ 10,000,000 | 1 | $ 165,000 |
NORTHERN OHIO INVESTMENT COMPANY 6444 MONROE STREET, SUITE 6 SYLVANIA, OH 43560 |
* | $ 10,000,000 | 1 | $ 125,000 |
FIRST STAR BANK, S.S.B. 109 S COMMERCE / PO BOX 7 BREMOND, TX 76629 |
* | $ 193,110,000 | 1 | $ 77,000 |
UNION SAVINGS BANK 8534 E KEMPER RD CINCINNATI, OH 45249 |
* | $ 2,124,635,000 | 1 | $ 300,000 |
TALMER WEST BANK 2950 STATE STREET SOUTH ANN ARBOR, MI 48104 |
* | $ 933,684,000 | 1 | $ 106,000 |
NORTHPOINTE BANK 3333 DEPOSIT DRIVE NE GRAND RAPIDS, MI 49546 |
* | $ 274,760,000 | 1 | $ 83,000 |
SOUTHWEST MICHIGAN FEDERAL CU 4000 SOUTH SPRINKLE KALAMAZOO, MI 49001 |
* | $ 68,010,000 | 1 | $ 70,000 |
KELLOGG CFCU 41 SECOND ST BATTLE CREEK, MI 49015 |
* | $ 349,713,000 | 1 | $ 88,000 |
CHIPHONE FEDERAL CREDIT UNION 1655 W BEARDSLEY AVE ELKHART, IN 46514 |
* | $ 86,358,000 | 1 | $ 74,000 |
PFCU 9077 CHARLOTTE HWY PORTLAND, MI 48875 |
* | $ 221,286,000 | 1 | $ 17,000 |
COMMUNITY FINANCIAL CREDIT UNI PO BOX 8050 PLYMOUTH, MI 48170 |
* | $ 457,006,000 | 1 | $ 151,000 |
PARTNERS 1ST FEDERAL CREDIT UNION 1330 DIRECTORS ROW FORT WAYNE, IN 46808 |
* | $ 237,364,000 | 1 | $ 244,000 |
PROFED FEDERAL CREDIT UNION 1710 ST. JOE RIVER DR. FORT WAYNE, IN 46805 |
* | $ 317,995,000 | 1 | $ 119,000 |
XCEED FINANCIAL 888 N. NASH ST EL SEGUNDO, CA 90245 |
* | $ 721,020,000 | 1 | $ 250,000 |
CREDIT HUMAN FEDERAL CREDIT UNION 6061 IH 10 WEST SAN ANTONIO, TX 78201 |
* | $ 2,919,054,000 | 1 | $ 16,000 |
MIDFIRST BANK 501 NW GRAND BLVD OKLAHOMA CITY, OK 73118 |
* | $ 10,788,420,000 | 1 | $ 129,000 |
COLONIAL SAVINGS, F.A. P O BOX 2988 FORT WORTH, TX 76113 |
* | $ 1,054,163,000 | 1 | $ 126,000 |
ISABELLA BANK 139 E. BROADWAY MT. PLEASANT, MI 48858 |
* | $ 1,168,698,000 | 1 | $ 111,000 |
1ST SOURCE BANK P O BOX 1602 SUITE 400 SOUTH BEND, IN 46634 |
* | $ 4,431,595,000 | 1 | $ 25,000 |
THE OLD FORT BANKING COMPANY 8034 MAIN STREET OLD FORT, OH 44861 |
* | $ 369,819,000 | 1 | $ 180,000 |
HIGHPOINT COMMUNITY BANK 150 W COURT ST HASTINGS, MI 49058 |
* | $ 241,256,000 | 1 | $ 28,000 |
THE UNION BANK COMPANY 105 PROGRESSIVE DRIVE COLUMBUS GROVE, OH 45830 |
* | $ 611,577,000 | 1 | $ 129,000 |
UNITED BANK AND TRUST 2723 S STATE ST ANN ARBOR, MI 48104 |
* | $ 861,244,000 | 1 | $ 130,000 |
UNIVERSITY LENDING GROUP, LLC 42452 HAYES, STE I CLLINTON TOWNSHIP, MI 48038 |
* | $ 133,851,000 | 1 | $ 56,000 |
GUARANTY TRUST COMPANY 316 ROBERT ROSE DRIVE MURFREESBORO, TN 37129 |
* | $ 225,000,000 | 1 | $ 337,000 |
BLUELEAF LENDING, LLC 112 S SANGAMON STREET 2ND FLOOR CHICAGO, IL 60607 |
* | $ 221,438,000 | 1 | $ 93,000 |
LAKE MICHIGAN CREDIT UNION PO BOX 2848 GRAND RAPIDS, MI 49501 |
* | $ 2,163,220,000 | 1 | $ 87,000 |
AMERICAN 1 CREDIT UNION 718 E. MICHIGAN AVE. JACKSON, MI 49201 |
* | $ 247,517,000 | 1 | $ 3,000 |
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 | 907 | $115,332,000 | $127,000 | $891,000 | $89,000 | $2,836,000 |
Home Purchase | 514 | $46,591,000 | $90,000 | $415,000 | $60,000 | $952,000 |
Home Improvement | 94 | $4,480,000 | $47,000 | $200,000 | $52,000 | $164,000 |
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 | 1,343 | $143,619,000 | $106,000 | $891,000 | $78,000 | $2,836,000 |
Not applicable | 71 | $11,849,000 | $166,000 | $417,000 | $48,000 | $952,000 |
Not Provided | 61 | $7,159,000 | $117,000 | $390,000 | $75,000 | $277,000 |
Hispanic | 25 | $1,873,000 | $74,000 | $128,000 | $49,000 | $240,000 |
Asian | 8 | $1,192,000 | $149,000 | $331,000 | $167,000 | $662,000 |
American Indian or Alaskan Native | 5 | $383,000 | $76,000 | $138,000 | $110,000 | $178,000 |
Black or African American | 2 | $328,000 | $164,000 | $178,000 | $92,000 | $143,000 |
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) | 1,139 | $133,230,000 | $116,000 | $891,000 | $90,000 | $2,836,000 |
FSA/RHS (Farm Service Agency or Rural Housing Service) | 197 | $14,273,000 | $72,000 | $187,000 | $31,000 | $83,000 |
FHA-insured (Federal Housing Administration) | 151 | $15,799,000 | $104,000 | $260,000 | $39,000 | $166,000 |
VA-guaranteed (Veterans Administration) | 28 | $3,101,000 | $110,000 | $215,000 | $50,000 | $135,000 |
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 | 830 | $90,036,000 | $108,000 | $548,000 | $83,000 | $2,665,000 |
Application Denied By Financial Institution | 273 | $29,974,000 | $109,000 | $404,000 | $82,000 | $2,836,000 |
Loan Purchased By The Institution | 162 | $18,911,000 | $116,000 | $417,000 | $47,000 | $952,000 |
Application Withdrawn By Applicant | 129 | $14,063,000 | $109,000 | $405,000 | $70,000 | $350,000 |
Application Approved But Not Accepted | 69 | $8,620,000 | $124,000 | $891,000 | $88,000 | $957,000 |
File Closed For Incompleteness | 52 | $4,799,000 | $92,000 | $300,000 | $50,000 | $123,000 |
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 | 72 | $9,408,000 | $130,000 | $404,000 | $125,000 | $2,836,000 |
Credit History | 46 | $3,145,000 | $68,000 | $252,000 | $48,000 | $119,000 |
Debt-To-Income Ratio | 34 | $4,744,000 | $139,000 | $396,000 | $49,000 | $262,000 |
Other | 22 | $2,516,000 | $114,000 | $222,000 | $77,000 | $208,000 |
Credit Application Incomplete | 17 | $2,314,000 | $136,000 | $300,000 | $148,000 | $451,000 |
Insufficient Cash (Downpayment, Closing Cost) | 11 | $1,015,000 | $92,000 | $216,000 | $53,000 | $127,000 |
Unverifiable Information | 4 | $468,000 | $117,000 | $288,000 | $68,000 | $102,000 |
Employment History | 1 | $105,000 | $105,000 | $105,000 | $61,000 | $61,000 |
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.