Find mortgage statistics and lending data for the Chippewa County MI metro area.
With the lists below, you can explore the total number of mortgage applications and mortgage lending details for 2003-2023.
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 Chippewa 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 | 2023 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 | 694 |
Total Mortgage Loan Application Amount | $82,920,000 |
Average Mortgage Loan Application Amount | $119,000 |
Highest Mortgage Loan Application Amount | $855,000 |
Average Applicant Income | $77,000 |
Highest Applicant Income | $568,000 |
Mortgage Lender | Phone Number | Mortgage Lender Assets | Number of Mortgage Loan Applications | Total Dollar Amount of Mortgage Loan Applications |
---|---|---|---|---|
THE HUNTINGTON NATIONAL BANK 7 EASTON OVAL EA5C242 COLUMBUS, OH 43219 |
* | $ 108,672,320,000 | 130 | $ 12,280,000 |
MBANK 130 S CEDAR ST MANISTIQUE, MI 49854 |
* | $ 1,314,951,000 | 59 | $ 6,035,000 |
21ST MORTGAGE CORPORATION 620 MARKET ST SUITE 100 WILMINGTON, DE 37902 |
* | $ -1,000 | 33 | $ 1,205,000 |
USAA FEDERAL SAVINGS BANK 10750 MCDERMOTT FREEWAY SAN ANTONIO, TX 78288 |
* | $ 81,602,818,000 | 27 | $ 4,215,000 |
MORTGAGE RESEARCH CENTER, LLC 1400 VETERANS UNITED DR. SAINT LOUIS, MO 65203 |
* | $ -1,000 | 24 | $ 3,850,000 |
WELLS FARGO BANK, NATIONAL ASSOCIATION 100 N MAIN STREET MAC D4001-042 SIOUX FALLS, SD 27150 |
* | $ 1,689,351,000,000 | 20 | $ 2,650,000 |
NEW DAY FINANCIAL, LLC 8160 MAPLE LAWN BLVD. DOVER, DE 20759 |
* | $ -1,000 | 16 | $ 2,360,000 |
FREEDOM MORTGAGE CORPORATION 10500 KINCAID DRIVE MT LAUREL, NJ 46037 |
* | $ -1,000 | 14 | $ 2,240,000 |
NAVY FEDERAL CREDIT UNION 820 FOLLIN LANE VIENNA, VA 22180 |
* | $ 96,962,446,000 | 14 | $ 2,340,000 |
PENNYMAC LOAN SERVICES, LLC 3043 TOWNSGATE ROAD WILMINGTON, DE 91361 |
* | $ -1,000 | 11 | $ 1,495,000 |
CLICK N' CLOSE, INC. 15301 SPECTRUM DRIVE, SUITE 405 ROCKY RIVER, OH 75001 |
* | $ -1,000 | 10 | $ 1,020,000 |
UNITED WHOLESALE MORTGAGE, LLC 1414 EAST MAPLE ROAD PLYMOUTH, MI 48083 |
* | $ -1,000 | 9 | $ 1,215,000 |
LOANDEPOT.COM, LLC 26642 TOWNE CENTRE DRIVE DOVER, DE 92610 |
* | $ -1,000 | 9 | $ 1,435,000 |
NEWREZ LLC 4000 CHEMICAL ROAD SUITE 200 WILMINGTON, DE 19462 |
* | $ -1,000 | 8 | $ 1,440,000 |
MUTUAL OF OMAHA MORTGAGE, INC. 3131 CAMINO DEL RIO N 190 WILMINGTON, DE 92108 |
* | $ -1,000 | 7 | $ 995,000 |
NATIONSTAR MORTGAGE LLC 8950 CYPRESS WATERS BLVD. WILMINGTON, DE 75019 |
* | $ -1,000 | 7 | $ 605,000 |
PNC BANK, NATIONAL ASSOCIATION 249 FIFTH AVE. MS P1-POPP-22-2 WILMINGTON, DE 15222 |
* | $ 370,500,928,000 | 7 | $ 915,000 |
FIFTH THIRD BANK, NATIONAL ASSOCIATION 38 FOUNTAIN SQUARE MD1090K1 CINCINNATI, OH 45263 |
* | $ 144,453,358,000 | 7 | $ 975,000 |
CARRINGTON MORTGAGE SERVICES, LLC 1600 SO. DOUGLASS RD, SUITES 110 & 200A WILMINGTON, DE 92806 |
* | $ -1,000 | 6 | $ 630,000 |
CALIBER HOME LOANS, INC. 1525 S. BELTLINE ROAD WILMINGTON, DE 75019 |
* | $ -1,000 | 6 | $ 870,000 |
DISCOVER BANK 12 READS WAY GREENWOOD, DE 19720 |
* | $ 108,015,112,000 | 5 | $ 315,000 |
JPMORGAN CHASE BANK, NATIONAL ASSOCIATION 1111 POLARIS PARKWAY COLUMBUS, OH 43240 |
* | $ 2,218,960,000,000 | 5 | $ 695,000 |
CHEMICAL BANK 333 E MAIN STREET MIDLAND, MI 48640 |
* | $ 21,460,393,000 | 5 | $ 495,000 |
INLANTA MORTGAGE, INC. W239 N3490 PEWAUKEE ROAD, STE.200 PEWAUKEE, WI 53072 |
* | $ -1,000 | 5 | $ 465,000 |
STATE FARM BANK, F.S.B. 1 STATE FARM PLAZA E-6 BLOOMINGTON, IL 61710 |
* | $ 16,933,790,000 | 4 | $ 520,000 |
AMERISAVE MORTGAGE CORPORATION 3525 PIEDMONT RD NE, 8 PIEDMONT CTR STE PEACHTREE CORNER, GA 30305 |
* | $ -1,000 | 4 | $ 770,000 |
TOP FLITE FINANCIAL, INC. 123 E GRAND RIVER AVE PLYMOUTH, MI 48895 |
* | $ -1,000 | 4 | $ 410,000 |
TRIAD FINANCIAL SERVICES, INC. 13901 SUTTON PARK DRIVE SOUTH, SUITE 300 JACKSONVILLE, FL 32224 |
* | $ -1,000 | 4 | $ 130,000 |
HOME POINT FINANCIAL CORPORATION 1194 OAK VALLEY DRIVE, SUITE 80 ANN ARBOR, MI 48108 |
* | $ -1,000 | 4 | $ 710,000 |
AMERIHOME MORTGAGE COMPANY, LLC 21215 BURBANK BLVD, SUITE 400 WILMINGTON, DE 91367 |
* | $ -1,000 | 4 | $ 470,000 |
TOWNE MORTGAGE COMPANY 2170 E. BIG BEAVER ROAD, SUITE A PLYMOUTH, MI 48083 |
* | $ -1,000 | 3 | $ 395,000 |
MICHIGAN MUTUAL, INC. 911 MILITARY STREET PORT HURON, MI 48060 |
* | $ -1,000 | 3 | $ 345,000 |
AMERICAN ADVISORS GROUP 3800 W.CHAPMAN SUITE 300 ORANGE, CA 92868 |
* | $ -1,000 | 3 | $ 145,000 |
LAKEVIEW LOAN SERVICING, LLC 4425 PONCE DE LEON BLVD. WILMINGTON, DE 33146 |
* | $ -1,000 | 3 | $ 535,000 |
MICHIGAN STATE UNIVERSITY FEDERAL CREDIT UNION 3777 WEST ROAD EAST LANSING, MI 48823 |
* | $ 4,229,818,000 | 3 | $ 415,000 |
SERVION, INC. 500 MAIN STREET NEW BRIGHTON, MN 55112 |
* | $ -1,000 | 3 | $ 205,000 |
BARRINGTON BANK & TRUST COMPANY, NATIONAL ASSOCIATION 201 S. HOUGH STREET BARRINGTON, IL 60010 |
* | $ 2,135,647,000 | 3 | $ 475,000 |
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 4801 S. BILTMORE LANE AUSTIN, TX 53718 |
* | $ -1,000 | 3 | $ 365,000 |
U.S. BANK NATIONAL ASSOCIATION 425 WALNUT STREET CINCINNATI, OH 45202 |
* | $ 459,476,604,000 | 3 | $ 215,000 |
PLANET HOME LENDING, LLC 321 RESEARCH PARKWAY STE 300 WILMINGTON, DE 06540 |
* | $ -1,000 | 3 | $ 595,000 |
ADVIA FEDERAL CREDIT UNION 550 S RIVERVIEW DR KALAMAZOO, MI 49004 |
* | $ 1,749,023,000 | 2 | $ 120,000 |
CITIZENS BANK, NATIONAL ASSOCIATION ONE CITIZENS PLAZA PROVIDENCE, RI 02903 |
* | $ 129,426,633,000 | 2 | $ 330,000 |
COMMUNITY FINANCIAL CREDIT UNION 500 S HARVEY ST PLYMOUTH, MI 48170 |
* | $ 932,018,000 | 2 | $ 190,000 |
ONE REVERSE MORTGAGE, LLC 4445 EASTGATE MALL, SUITE 320 SAN DIEGO, CA 92121 |
* | $ -1,000 | 2 | $ 120,000 |
ARBOR FINANCIAL CREDIT UNION 1551 SOUTH 9TH STREET KALAMAZOO, MI 49009 |
* | $ 573,422,000 | 2 | $ 90,000 |
LAKE MICHIGAN CREDIT UNION PO BOX 2848 CALEDONIA, MI 49501 |
* | $ 6,064,106,000 | 2 | $ 230,000 |
PLATINUM HOME MORTGAGE CORPORATION 2200 HICKS RD, STE 101 SPRINGFIELD, IL 60008 |
* | $ -1,000 | 2 | $ 270,000 |
TIAA, FSB 501 RIVERSIDE AVENUE JACKSONVILLE, FL 32202 |
* | $ 36,899,806,000 | 2 | $ 100,000 |
RUOFF MORTGAGE COMPANY, INC. 1700 MAGNAVOX WAY SUITE 220 INDIANAPOLIS, IN 46804 |
* | $ -1,000 | 2 | $ 290,000 |
NORTH AMERICAN SAVINGS BANK, F.S.B. 12498 S 71 HIGHWAY GRANDVIEW, MO 64030 |
* | $ 2,185,032,000 | 2 | $ 570,000 |
CREDIT UNION ONE 400 E NINE MILE RD FERNDALE, MI 48220 |
* | $ 1,190,826,000 | 2 | $ 410,000 |
FIRST SAVINGS BANK 501 E. LEWIS & CLARK PARKWAY JEFFERSONVILLE, IN 47129 |
* | $ 1,071,570,000 | 2 | $ 320,000 |
TCF NATIONAL BANK 2508 LOUISE AVE S (PCC-2E-L) SIOUX FALLS, SD 57106 |
* | $ 23,708,028,000 | 2 | $ 170,000 |
PENTAGON FEDERAL CREDIT UNION 7940 JONES BRANCH DRIVE MCLEAN, VA 22102 |
* | $ 24,484,751,000 | 2 | $ 160,000 |
PHH MORTGAGE CORPORATION 1 MORTGAGE WAY MOUNT LAUREL, NJ 08054 |
* | $ -1,000 | 2 | $ 260,000 |
BANK OF AMERICA, NATIONAL ASSOCIATION 31303 AGOURA RD CA6-917-01-20 CHARLOTTE, NC 91361 |
* | $ 1,782,639,000,000 | 2 | $ 330,000 |
DOW CREDIT UNION 600 E. LYON ROAD P.O. BOX 1649 MIDLAND, MI 48641 |
* | $ 1,628,364,000 | 2 | $ 310,000 |
BMO BANK NATIONAL ASSOCIATION 111 W. MONROE CHICAGO, IL 60603 |
* | $ 123,147,670,000 | 2 | $ 280,000 |
CHICKASAW COMMUNITY BANK 909 S MERIDIAN AVE OKLAHOMA CITY, OK 73108 |
* | $ 192,527,000 | 2 | $ 230,000 |
GREENSTONE FARM CREDIT SERVICES, FLCA 3515 WEST RD EAST LANSING, MI 48823 |
* | $ -1,000 | 2 | $ 190,000 |
ROYAL UNITED MORTGAGE LLC 7999 KNUE RD. STE 300 INDIANAPOLIS, IN 46250 |
* | $ -1,000 | 2 | $ 210,000 |
AMERIFIRST FINANCIAL CORPORATION 950 TRADE CENTRE WAY SUITE 400 KALAMAZOO, MI 49009 |
* | $ -1,000 | 2 | $ 270,000 |
COMERICA BANK 411 W LAFAYETTE BLVD DALLAS, TX 48226 |
* | $ 70,737,276,000 | 2 | $ 220,000 |
MORTGAGE 1 INCORPORATED 43456 MOUND ROAD STERLING HEIGHTS, MI 49314 |
* | $ -1,000 | 2 | $ 170,000 |
NORTHPOINTE BANK 3333 DEPOSIT DRIVE NE GRAND RAPIDS, MI 49546 |
* | $ 1,279,654,000 | 2 | $ 210,000 |
ROSS MORTGAGE CORPORATION 2075 W. BIG BEAVER, SUITE 700 TROY, MI 48084 |
* | $ -1,000 | 1 | $ 85,000 |
FIRST GUARANTY MORTGAGE CORPORATION 1900 GALLOWS ROAD, SUITE 800 TYSONS CORNER, VA 22182 |
* | $ -1,000 | 1 | $ 75,000 |
THRIVENT FEDERAL CREDIT UNION 625 FOURTH AVE S APPLETON, WI 55415 |
* | $ 578,076,000 | 1 | $ 65,000 |
LAKE TRUST CREDIT UNION 4605 S OLD US HIGHWAY 23 BRIGHTON, MI 48114 |
* | $ 1,860,352,000 | 1 | $ 25,000 |
INCREDIBLEBANK 327 N 17TH AVE WAUSAU, WI 54401 |
* | $ 1,357,316,000 | 1 | $ 205,000 |
J.G. WENTWORTH HOME LENDING, LLC 3350 COMMISSION COURT WOODBRIDGE, VA 22192 |
* | $ -1,000 | 1 | $ 265,000 |
LEVEL ONE BANK 32991 HAMILTON COURT FARMINGTON HILLS, MI 48334 |
* | $ 1,413,654,000 | 1 | $ 105,000 |
WATERSTONE MORTGAGE CORPORATION N25 W23255 PAUL ROAD PEWAUKEE, WI 53072 |
* | $ -1,000 | 1 | $ 55,000 |
UNION HOME MORTGAGE CORP. 8241 DOW CIRCLE STRONGSVILLE, OH 44136 |
* | $ -1,000 | 1 | $ 85,000 |
DITECH FINANCIAL LLC 1100 VIRGINIA DRIVE, SUITE 100 FORT WASHINGTON, PA 19034 |
* | $ -1,000 | 1 | $ 275,000 |
AMERICAN FINANCIAL NETWORK, INC. 10 POINTE DRIVE, SUITE 330 BREA, CA 92821 |
* | $ -1,000 | 1 | $ 135,000 |
FINANCIAL PLUS CREDIT UNION G-3381 VAN SLYKE RD, P.O. BOX 7006 FLINT, MI 48507 |
* | $ 536,762,000 | 1 | $ 75,000 |
GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION 100 PHOENIX DR, STE 300 PLYMOUTH, MI 48108 |
* | $ -1,000 | 1 | $ 195,000 |
BOKF, NATIONAL ASSOCIATION ONE WEST 3RD, 5TH FL TULSA, OK 74103 |
* | $ 34,104,022,000 | 1 | $ 125,000 |
PANORAMA MORTGAGE GROUP, LLC 350 SOUTH RAMPART BLVD, STE 310 CARSON CITY, NV 89145 |
* | $ -1,000 | 1 | $ 125,000 |
EMBRACE HOME LOANS, INC. 25 ENTERPRISE CENTER MIDDLETOWN, RI 02842 |
* | $ -1,000 | 1 | $ 65,000 |
MEMBER FIRST MORTGAGE, LLC 616 44TH STREET SE GRAND RAPIDS, MI 49548 |
* | $ -1,000 | 1 | $ 75,000 |
EVERETT FINANCIAL, INC. 14801 QUORUM DRIVE, SUITE 300 AUSTIN, TX 75254 |
* | $ -1,000 | 1 | $ 95,000 |
AMERICAN FINANCIAL RESOURCES, INC. 9 SYLVAN WAY PARSIPPANY-TROY HILLS, NJ 07054 |
* | $ -1,000 | 1 | $ 115,000 |
LENDERLIVE NETWORK, LLC 710 S ASH GLENDALE, CO 80246 |
* | $ -1,000 | 1 | $ 105,000 |
ATLANTIC BAY MORTGAGE GROUP, L.L.C. 596 LYNNHAVEN PARKWAY SUITE 200 VIRGINIA BEACH, VA 23452 |
* | $ -1,000 | 1 | $ 135,000 |
OLD SECOND NATIONAL BANK 37 S. RIVER ST. AURORA, IL 60506 |
* | $ 2,661,311,000 | 1 | $ 195,000 |
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP 3701 ARCO CORPORATE DR., SUITE 200 SACRAMENTO, PA 28273 |
* | $ -1,000 | 1 | $ 125,000 |
INDEPENDENT BANK 4200 EAST BELTLINE GRAND RAPIDS, MI 49525 |
* | $ 3,356,129,000 | 1 | $ 175,000 |
MEMBER ADVANTAGE MORTGAGE, LLC 3330 BROADMOOR SE, SUITE B LANSING, MI 49512 |
* | $ -1,000 | 1 | $ 85,000 |
CHIEF FINANCIAL FEDERAL CREDIT UNION 200 DIVERSION ST ROCHESTER HILLS, MI 48307 |
* | $ 148,910,000 | 1 | $ 15,000 |
OPEN MORTGAGE, LLC 14101 W. HWY 290 #1300 AUSTIN, TX 78737 |
* | $ -1,000 | 1 | $ 85,000 |
WRIGHT-PATT CREDIT UNION, INC. 3560 PENTAGON BLVD. BEAVERCREEK, OH 45431 |
* | $ 4,429,115,000 | 1 | $ 75,000 |
PLAZA HOME MORTGAGE, INC. 4820 EASTGATE MALL, STE 100 SACRAMENTO, CA 92121 |
* | $ -1,000 | 1 | $ 355,000 |
SECURITY CREDIT UNION 5255 SECURITY PARK BLVD HOLLY, MI 48442 |
* | $ 420,452,000 | 1 | $ 25,000 |
CROSSCOUNTRY MORTGAGE, LLC 6850 MILLER RD WILMINGTON, DE 44141 |
* | $ -1,000 | 1 | $ 105,000 |
DFCU FINANCIAL 400 TOWN CENTER DRIVE DEARBORN, MI 48126 |
* | $ 4,667,477,000 | 1 | $ 125,000 |
EMM LOANS LLC 3 EXECUTIVE CAMPUS, SUITE 520 CHERRY HILL, NJ 08002 |
* | $ -1,000 | 1 | $ 145,000 |
INLAND BANK & TRUST 1900 W STATE ST GENEVA, IL 60134 |
* | $ 1,107,438,000 | 1 | $ 365,000 |
THREE RIVERS FEDERAL CREDIT UNION 1615 NORTHLAND BLVD FORT WAYNE, IN 46825 |
* | $ 1,057,398,000 | 1 | $ 45,000 |
UBS BANK USA 299 S. MAIN ST SALT LAKE CITY, UT 84111 |
* | $ 59,366,170,000 | 1 | $ 315,000 |
BAY EQUITY LLC 28 LIBERTY SHIPWAY SUITE 2800 GLENDALE, CA 94965 |
* | $ -1,000 | 1 | $ 145,000 |
BAY BANK 2555 PACKERLAND DRIVE GREEN BAY, WI 54313 |
* | $ 95,272,000 | 1 | $ 105,000 |
ROUNDPOINT MORTGAGE SERVICING LLC 5016 PARKWAY PLAZA BLVD, BLDGS 6 & 8 WILMINGTON, DE 28219 |
* | $ -1,000 | 1 | $ 45,000 |
LENDINGONE, LLC 901 YAMATO RD #150 DOVER, DE 33431 |
* | $ -1,000 | 1 | $ 35,000 |
ENVOY MORTGAGE, LTD 5100 WESTHEIMER RD, STE 320 AUSTIN, TX 77056 |
* | $ -1,000 | 1 | $ 155,000 |
JAMES B. NUTTER & COMPANY 4153 BROADWAY KANSAS CITY, MO 64111 |
* | $ -1,000 | 1 | $ 105,000 |
KELLOGG COMMUNITY CREDIT UNION 41 SECOND ST BATTLE CREEK, MI 49014 |
* | $ 531,371,000 | 1 | $ 45,000 |
WILDFIRE CREDIT UNION 6640 BAY RD SAGINAW, MI 48604 |
* | $ 769,220,000 | 1 | $ 175,000 |
PRIMARY RESIDENTIAL MORTGAGE, INC. 1480 N 2200 W CARSON CITY, NV 84116 |
* | $ -1,000 | 1 | $ 135,000 |
BAYSHORE MORTGAGE FUNDING, LLC 1920 GREENSPRING DRIVE, SUITE 140 BALTIMORE, MD 21093 |
* | $ -1,000 | 1 | $ 35,000 |
PACIFIC UNION FINANCIAL, LLC 8900 FREEPORT PKWY, STE 150 IRVING, TX 75063 |
* | $ -1,000 | 1 | $ 95,000 |
FIRSTBANK 11 CHANNING WAY NASHVILLE, TN 38305 |
* | $ 5,133,339,000 | 1 | $ 325,000 |
GERBER FEDERAL CREDIT UNION 508 STATE STREET PO BOX 116 FREMONT, MI 49412 |
* | $ 150,254,000 | 1 | $ 25,000 |
GUILD MORTGAGE COMPANY LLC 5898 COPLEY DRIVE GLENDALE, CA 92111 |
* | $ -1,000 | 1 | $ 125,000 |
ZILLOW HOME LOANS, LLC 10975 EL MONTE ST WICHITA, KS 66211 |
* | $ -1,000 | 1 | $ 275,000 |
ELGA CREDIT UNION 2303 S. CENTER ROAD GRAND BLANC, MI 48519 |
* | $ 660,586,000 | 1 | $ 335,000 |
MERCANTILE BANK 310 LEONARD ST NW GRAND RAPIDS, MI 49504 |
* | $ 3,344,251,000 | 1 | $ 65,000 |
AMERIS BANK 300 SOUTH MAIN STREET ATLANTA, GA 31768 |
* | $ 11,357,345,000 | 1 | $ 155,000 |
PREFERRED CREDIT UNION 3767 SPARKS DR SE GRAND RAPIDS, MI 49546 |
* | $ 169,209,000 | 1 | $ 35,000 |
CHOICEONE BANK 109 E. DIVISION ST. SPARTA, MI 49345 |
* | $ 666,767,000 | 1 | $ 75,000 |
GOLDWATER BANK, N.A. 2525 EAST CAMELBACK ROAD SUITE 1100 PHOENIX, AZ 85016 |
* | $ 144,960,000 | 1 | $ 145,000 |
THE NORTH SALEM STATE BANK PO BOX 97 NORTH SALEM, IN 46165 |
* | $ 342,234,000 | 1 | $ 35,000 |
LOW VA RATES, LLC 384 SOUTH 400 WEST, #100 LINDON, UT 84042 |
* | $ -1,000 | 1 | $ 515,000 |
BETTER MORTGAGE CORPORATION 459 BROADWAY, FLOOR 5 GLENDALE, CA 10013 |
* | $ -1,000 | 1 | $ 325,000 |
THE FEDERAL SAVINGS BANK 300 N ELIZABETH STREET, STE 3E CHICAGO, IL 60607 |
* | $ 395,677,000 | 1 | $ 275,000 |
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 |
---|---|---|---|---|---|---|
Home Purchase | 321 | $36,325,000 | $113,000 | $325,000 | $76,000 | $506,000 |
Cash-out Refinancing | 156 | $21,850,000 | $140,000 | $515,000 | $78,000 | $568,000 |
Refinancing | 129 | $18,845,000 | $146,000 | $855,000 | $87,000 | $466,000 |
Other Purpose | 43 | $2,785,000 | $64,000 | $165,000 | $75,000 | $300,000 |
Home Improvement | 39 | $2,705,000 | $69,000 | $335,000 | $64,000 | $215,000 |
Not Applicable | 6 | $410,000 | $68,000 | $115,000 | $0 | $0 |
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 | 407 | $50,595,000 | $124,000 | $545,000 | $83,000 | $568,000 |
Not Provided | 144 | $16,890,000 | $117,000 | $395,000 | $72,000 | $273,000 |
American Indian or Alaskan Native | 72 | $7,500,000 | $104,000 | $275,000 | $55,000 | $176,000 |
Not applicable | 58 | $6,530,000 | $112,000 | $855,000 | $91,000 | $192,000 |
Hispanic | 7 | $635,000 | $90,000 | $145,000 | $67,000 | $114,000 |
Native Hawaiian or Other Pacific Islander | 2 | $220,000 | $110,000 | $115,000 | $61,000 | $69,000 |
Asian | 2 | $330,000 | $165,000 | $235,000 | $105,000 | $198,000 |
Black or African American | 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) | 380 | $40,080,000 | $105,000 | $855,000 | $87,000 | $568,000 |
VA-guaranteed (Veterans Administration) | 179 | $27,715,000 | $154,000 | $515,000 | $71,000 | $190,000 |
FHA-insured (Federal Housing Administration) | 113 | $12,855,000 | $113,000 | $325,000 | $57,000 | $374,000 |
FSA/RHS (Farm Service Agency or Rural Housing Service) | 22 | $2,270,000 | $103,000 | $185,000 | $46,000 | $84,000 |
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 | 367 | $43,695,000 | $119,000 | $855,000 | $78,000 | $506,000 |
Application Denied By Financial Institution | 124 | $13,570,000 | $109,000 | $545,000 | $68,000 | $466,000 |
Application Withdrawn By Applicant | 93 | $11,795,000 | $126,000 | $395,000 | $80,000 | $568,000 |
Loan Purchased By The Institution | 49 | $6,725,000 | $137,000 | $365,000 | $114,000 | $397,000 |
File Closed For Incompleteness | 32 | $3,730,000 | $116,000 | $215,000 | $78,000 | $288,000 |
Application Approved But Not Accepted | 29 | $3,405,000 | $117,000 | $405,000 | $79,000 | $290,000 |
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 |
---|---|---|---|---|---|---|
Not applicable | 562 | $68,590,000 | $122,000 | $855,000 | $79,000 | $568,000 |
Collateral | 40 | $5,450,000 | $136,000 | $545,000 | $94,000 | $466,000 |
Debt-To-Income Ratio | 35 | $3,165,000 | $90,000 | $315,000 | $55,000 | $192,000 |
Credit History | 32 | $2,750,000 | $85,000 | $225,000 | $55,000 | $300,000 |
Other | 9 | $1,085,000 | $120,000 | $325,000 | $39,000 | $84,000 |
Credit Application Incomplete | 7 | $1,125,000 | $160,000 | $395,000 | $113,000 | $267,000 |
Insufficient Cash (Downpayment, Closing Cost) | 4 | $300,000 | $75,000 | $145,000 | $62,000 | $92,000 |
Unverifiable Information | 3 | $145,000 | $48,000 | $75,000 | $58,000 | $65,000 |
Mortgage Insurance Denied | 1 | $75,000 | $75,000 | $75,000 | $56,000 | $56,000 |
Employment History | 1 | $235,000 | $235,000 | $235,000 | $85,000 | $85,000 |
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.