Chippewa County MI
Mortgage Loan Application
Totals and Details
for 2022

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 2003-2022.
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 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 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 751
Total Mortgage Loan Application Amount $104,385,000
Average Mortgage Loan Application Amount $138,000
Highest Mortgage Loan Application Amount $1,955,000
Average Applicant Income $87,000
Highest Applicant Income $832,000

Mortgage Company List for Lending in Chippewa County MI for 2022

* 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
THE HUNTINGTON NATIONAL BANK
7 EASTON OVAL EA5C242
COLUMBUS, OH 43219
* $ 173,414,362,000 91 $ 8,675,000
NICOLET NATIONAL BANK
111 N WASHINGTON ST
GREEN BAY, WI 54301
* $ 7,686,307,000 43 $ 5,425,000
VAN DYK MORTGAGE CORPORATION
2449 CAMELOT CT SE
GRAND RAPIDS, MI 49546
* $ -1,000 35 $ 5,785,000
MORTGAGE RESEARCH CENTER, LLC
1400 VETERANS UNITED DR.
COLUMBIA, MO 65203
* $ -1,000 34 $ 6,470,000
21ST MORTGAGE CORPORATION
620 MARKET ST SUITE 100
KNOXVILLE, TN 37902
* $ -1,000 32 $ 1,300,000
TRIAD FINANCIAL SERVICES, INC.
13901 SUTTON PARK DRIVE SOUTH, SUITE 300
JACKSONVILLE, FL 32224
* $ -1,000 25 $ 865,000
PENNYMAC LOAN SERVICES, LLC
3043 TOWNSGATE ROAD
WESTLAKE VILLAGE, CA 91361
* $ -1,000 23 $ 3,905,000
UNITED SHORE FINANCIAL SERVICES, LLC
1414 EAST MAPLE ROAD
TROY, MI 48083
* $ -1,000 16 $ 2,390,000
MID AMERICA MORTGAGE, INC.
15301 SPECTRUM DRIVE, SUITE 405
ADDISON, TX 75001
* $ -1,000 14 $ 1,900,000
NEW DAY FINANCIAL, LLC
8160 MAPLE LAWN BLVD.
FULTON, MD 20759
* $ -1,000 12 $ 1,780,000
NEWREZ LLC
4000 CHEMICAL ROAD SUITE 200
PLYMOUTH MEETING, PA 19462
* $ -1,000 11 $ 1,945,000
WELLS FARGO BANK, NATIONAL ASSOCIATION
100 N MAIN STREET MAC D4001-042
WINSTON-SALEM, NC 27150
* $ 1,779,504,000,000 11 $ 1,075,000
AMERIHOME MORTGAGE COMPANY, LLC
21215 BURBANK BLVD, SUITE 400
WOODLAND HILLS, CA 91367
* $ -1,000 11 $ 1,855,000
AMERISAVE MORTGAGE CORPORATION
3525 PIEDMONT RD NE, 8 PIEDMONT CTR STE
ATLANTA, GA 30305
* $ -1,000 11 $ 1,875,000
LOANDEPOT.COM, LLC
26642 TOWNE CENTRE DRIVE
FOOTHILL RANCH, CA 92610
* $ -1,000 10 $ 1,480,000
GREENSTONE FARM CREDIT SERVICES, FLCA
3515 WEST RD
EAST LANSING, MI 48823
* $ -1,000 10 $ 1,070,000
LAKE MICHIGAN CREDIT UNION
PO BOX 2848
GRAND RAPIDS, MI 49501
* $ 11,672,497,000 9 $ 1,565,000
NATIONSTAR MORTGAGE LLC
8950 CYPRESS WATERS BLVD.
COPPELL, TX 75019
* $ -1,000 8 $ 730,000
FIFTH THIRD BANK, NATIONAL ASSOCIATION
38 FOUNTAIN SQUARE MD1090K1
CINCINNATI, OH 45263
* $ 209,696,785,000 8 $ 1,260,000
FLAGSTAR BANK, FSB
5151 CORPORATE DRIVE
TROY, MI 48098
* $ 16,855,693,000 7 $ 1,075,000
NAVY FEDERAL CREDIT UNION
820 FOLLIN LANE
VIENNA, VA 22180
* $ 153,432,983,000 7 $ 745,000
BROKER SOLUTIONS, INC.
14511 MYFORD ROAD, SUITE 100
TUSTIN, CA 92780
* $ -1,000 7 $ 1,305,000
MICHIGAN STATE UNIVERSITY FEDERAL CREDIT UNION
3777 WEST ROAD
EAST LANSING, MI 48823
* $ 6,719,007,000 7 $ 1,695,000
PNC BANK, NATIONAL ASSOCIATION
249 FIFTH AVE. MS P1-POPP-22-2
PITTSBURGH, PA 15222
* $ 551,902,526,000 7 $ 845,000
DOW CHEMICAL EMPLOYEES'
600 E. LYON ROAD P.O. BOX 1649
MIDLAND, MI 48641
* $ 2,160,125,000 6 $ 720,000
USAA FEDERAL SAVINGS BANK
10750 MCDERMOTT FREEWAY
SAN ANTONIO, TX 78288
* $ 117,378,701,000 6 $ 1,350,000
INDEPENDENT BANK
4200 EAST BELTLINE
GRAND RAPIDS, MI 49525
* $ 4,702,462,000 5 $ 595,000
PLAZA HOME MORTGAGE, INC.
4820 EASTGATE MALL, STE 100
SAN DIEGO, CA 92121
* $ -1,000 5 $ 865,000
INLANTA MORTGAGE, INC.
W239 N3490 PEWAUKEE ROAD, STE.200
PEWAUKEE, WI 53072
* $ -1,000 5 $ 765,000
PLANET HOME LENDING, LLC
321 RESEARCH PARKWAY STE 300
MERIDEN, CT 06540
* $ -1,000 5 $ 855,000
U.S. BANK NATIONAL ASSOCIATION
425 WALNUT STREET
CINCINNATI, OH 45202
* $ 564,154,604,000 5 $ 265,000
DISCOVER BANK
12 READS WAY
NEW CASTLE, DE 19720
* $ 108,342,526,000 5 $ 475,000
JPMORGAN CHASE BANK, NATIONAL ASSOCIATION
1111 POLARIS PARKWAY
COLUMBUS, OH 43240
* $ 3,306,982,000,000 5 $ 1,005,000
FREEDOM MORTGAGE CORPORATION
10500 KINCAID DRIVE
FISHERS, IN 46037
* $ -1,000 5 $ 835,000
LEGEND LENDING CORPORATION
17047 EL CAMINO REAL, SUITE 150
HOUSTON, TX 77058
* $ -1,000 4 $ 580,000
CALIBER HOME LOANS, INC.
1525 S. BELTLINE ROAD
COPPELL, TX 75019
* $ -1,000 4 $ 660,000
NETWORK CAPITAL FUNDING CORPORATION
5 PARK PLAZA #800
IRVINE, CA 92614
* $ -1,000 4 $ 530,000
UNION HOME MORTGAGE CORP.
8241 DOW CIRCLE
STRONGSVILLE, OH 44136
* $ -1,000 4 $ 580,000
RUOFF MORTGAGE COMPANY, INC.
1700 MAGNAVOX WAY SUITE 220
FORT WAYNE, IN 46804
* $ -1,000 4 $ 760,000
CITIZENS BANK, NATIONAL ASSOCIATION
ONE CITIZENS PLAZA
PROVIDENCE, RI 02903
* $ 188,069,637,000 4 $ 830,000
LOWER, LLC
5950 SYMPHONY WOODS DRIVE
COLUMBIA, MD 21044
* $ -1,000 3 $ 335,000
BARRINGTON BANK & TRUST COMPANY, N.A.
201 S. HOUGH STREET
BARRINGTON, IL 60010
* $ 3,348,940,000 3 $ 435,000
MORTGAGE CENTER L.C
29621 NORTHWESTERN HWY
SOUTHFIELD, MI 48034
* $ -1,000 3 $ 785,000
CREDIT UNION ONE
400 E NINE MILE RD
FERNDALE, MI 48220
* $ 1,817,448,000 3 $ 295,000
BANK OF AMERICA, NATIONAL ASSOCIATION
31303 AGOURA RD CA6-917-01-20
WESTLAKE VILLAGE, CA 91361
* $ 2,519,525,000,000 3 $ 515,000
MORTGAGE 1 INCORPORATED
43456 MOUND ROAD
STERLING HEIGHTS, MI 49314
* $ -1,000 3 $ 505,000
ROYAL UNITED MORTGAGE LLC
7999 KNUE RD. STE 300
INDIANAPOLIS, IN 46250
* $ -1,000 3 $ 325,000
MUTUAL OF OMAHA MORTGAGE, INC
3131 CAMINO DEL RIO N 190
SAN DIEGO, CA 92108
* $ -1,000 3 $ 485,000
BANK OF ANN ARBOR
1333 W ANN ARBOR ROAD
PLYMOUTH, MI 48185
* $ 3,348,573,000 3 $ 645,000
ADVIA
550 S RIVERVIEW DR
PARCHMENT, MI 49004
* $ 2,694,606,000 3 $ 145,000
CONSUMER REAL ESTATE FINANCE CO.
330 SW 2ND ST #111
FORT LAUDERDALE, FL 33312
* $ -1,000 2 $ 270,000
AMERICAN ADVISORS GROUP
3800 W.CHAPMAN SUITE 300
ORANGE, CA 92868
* $ -1,000 2 $ 120,000
CARRINGTON MORTGAGE SERVICES, LLC
1600 SO. DOUGLASS RD, SUITES 110 & 200A
ANAHEIM, CA 92806
* $ -1,000 2 $ 190,000
GENISYS
2100 EXECUTIVE HILLS BLVD
AUBURN HILLS, MI 48326
* $ 4,030,966,000 2 $ 50,000
HOMEPROMISE CORPORATION
60 S WASHINGTON ST, STE 106
GREENCASTLE, PA 17225
* $ -1,000 2 $ 430,000
CONSUMERS
PO BOX 525
OSHTEMO, MI 49077
* $ 1,803,219,000 2 $ 160,000
PUBLIC SERVICE CREDIT UNION
7665 MERRIMAN RD
ROMULUS, MI 48174
* $ 367,474,000 2 $ 190,000
BETTER MORTGAGE CORPORATION
459 BROADWAY, FLOOR 5
NEW YORK, NY 10013
* $ -1,000 2 $ 450,000
FIGURE LENDING LLC
15720 BRIXHAM HILL AVE, SUITE 300
CHARLOTTE, NC 28277
* $ -1,000 2 $ 30,000
LAKEVIEW LOAN SERVICING, LLC
4425 PONCE DE LEON BLVD.
CORAL GABLES, FL 33146
* $ -1,000 2 $ 380,000
AMERIFIRST FINANCIAL CORPORATION
950 TRADE CENTRE WAY SUITE 400
KALAMAZOO, MI 49009
* $ -1,000 2 $ 270,000
WYNDHAM CAPITAL MORTGAGE, INC.
6115 PARK SOUTH DRIVE, STE 200
CHARLOTTE, NC 28210
* $ -1,000 2 $ 540,000
ELGA CREDIT UNION
2303 S. CENTER ROAD
BURTON, MI 48519
* $ 1,235,794,000 2 $ 130,000
COMMUNITY FINANCIAL CREDIT UNION
500 S HARVEY ST
PLYMOUTH, MI 48170
* $ 1,253,139,000 2 $ 210,000
GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION
100 PHOENIX DR, STE 300
ANN ARBOR, MI 48108
* $ -1,000 2 $ 390,000
CROSSCOUNTRY MORTGAGE, INC.
6850 MILLER RD
BRECKSVILLE, OH 44141
* $ -1,000 2 $ 220,000
AMERICAN FINANCING CORPORATION
3045 S PARKER RD BUILDING B
AURORA, CO 80014
* $ -1,000 2 $ 150,000
PHH MORTGAGE CORPORATION
1 MORTGAGE WAY
MT LAUREL, NJ 08054
* $ -1,000 2 $ 240,000
MERCANTILE BANK OF MICHIGAN
310 LEONARD ST NW
GRAND RAPIDS, MI 49504
* $ 5,238,290,000 2 $ 120,000
HONOR CREDIT UNION
EDGEWOOD RD
BERRIEN SPRINGS, MI 49103
* $ 1,437,766,000 2 $ 630,000
DFCU FINANCIAL
400 TOWN CENTER DRIVE
DEARBORN, MI 48126
* $ 6,455,703,000 2 $ 220,000
MORGAN STANLEY PRIVATE BANK, NATIONAL ASSOCIATION
2000 WESTCHESTER AVE
PURCHASE, NY 10577
* $ 154,830,000,000 2 $ 180,000
CITADEL FEDERAL CREDIT UNION
520 EAGLEVIEW BLVD
EXTON, PA 19341
* $ 4,648,578,000 1 $ 105,000
UNITED
2807 SOUTH STATE ST
SAINT JOSEPH, MI 49085
* $ 3,863,597,000 1 $ 205,000
STAUNTON FINANCIAL, INC.
25800 NORTHWESTERN HIGHWAY SUITE 110
SOUTHFIELD, MI 48075
* $ -1,000 1 $ 175,000
VILLAGE CAPITAL & INVESTMENT LLC
2863 ST. ROSE PARKWAY
HENDERSON, NV 89052
* $ -1,000 1 $ 145,000
FIRST INTERNET BANK OF INDIANA
11201 USA PARKWAY
FISHERS, IN 46037
* $ 4,206,869,000 1 $ 95,000
AMERICAN INTERNET MORTGAGE, INC.
4121 CAMINO DEL RIO SOUTH
SAN DIEGO, CA 92108
* $ -1,000 1 $ 115,000
AUSTIN CAPITAL BANK SSB
8100 SHOAL CREEK BLVD
AUSTIN, TX 78757
* $ 414,678,000 1 $ 85,000
1ST STATE FINANCIAL, LTD.
PO BOX 1468
SAGINAW, MI 48605
* $ 456,542,000 1 $ 45,000
FINANCIAL PLUS CREDIT UNION
G-3381 VAN SLYKE RD, P.O. BOX 7006
FLINT, MI 48507
* $ 802,700,000 1 $ 65,000
VIBE CREDIT UNION
1375 N OAKLAND BLVD
WATERFORD, MI 48327
* $ 1,148,089,000 1 $ 185,000
CEDAR RAPIDS BANK AND TRUST COMPANY
500 1ST AVENUE NE
CEDAR RAPIDS, IA 52401
* $ 2,023,177,000 1 $ 1,955,000
NATIONS LENDING CORPORATION
4 SUMMIT PARK DR STE 200
INDEPENDENCE, OH 44131
* $ -1,000 1 $ 75,000
THE PARK NATIONAL BANK
50 N THIRD STREET
NEWARK, OH 43055
* $ 9,535,304,000 1 $ 45,000
SOFI BANK, NATIONAL ASSOCIATION
2750 E COTTONWOOD PKWY STE 300
COTTONWOOD HEIGHTS, UT 84121
* $ 174,662,000 1 $ 105,000
ENVOY MORTGAGE, LTD
5100 WESTHEIMER RD, STE 320
HOUSTON, TX 77056
* $ -1,000 1 $ 295,000
KIND LENDING, LLC
9931 CORPORATE CAMPUS DR, STE 1200
LOUISVILLE, KY 40223
* $ -1,000 1 $ 135,000
CHOICEONE BANK
109 E. DIVISION ST.
SPARTA, MI 49345
* $ 2,363,747,000 1 $ 115,000
TOPMARK FEDERAL CREDIT UNION
609 E MAIN ST
CRIDERSVILLE, OH 45806
* $ 58,277,000 1 $ 65,000
KENT COUNTY CREDIT UNION
1619 PLAINFIELD AVE NE
GRAND RAPIDS, MI 49505
* $ 70,861,000 1 $ 135,000
NEIGHBORHOOD LOANS, INC.
55 W. 22ND STREET SUITE 130
LOMBARD, IL 60148
* $ -1,000 1 $ 45,000
ARK-LA-TEX FINANCIAL SERVICES, LLC.
5160 TENNYSON PKWY STE 1000
PLANO, TX 75024
* $ -1,000 1 $ 175,000
BLG HOLDINGS, INC.
2353 S. LINDEN RD. SUITE A
FLINT, MI 48532
* $ -1,000 1 $ 155,000
PFCU
9077 CHARLOTTE HWY
PORTLAND, MI 48875
* $ 776,851,000 1 $ 95,000
HFG HOLDINGS, LLC
888 W BIG BEAVER RD, SUITE 800
TROY, MI 48084
* $ -1,000 1 $ 165,000
FAIRWAY INDEPENDENT MORTGAGE CORPORATION
4801 S. BILTMORE LANE
MADISON, WI 53718
* $ -1,000 1 $ 95,000
RANGE BANK
100 N FRONT ST
MARQUETTE, MI 49855
* $ 529,258,000 1 $ 205,000
JOLT CREDIT UNION
6180 STATE STREET
SAGINAW, MI 48603
* $ 447,021,000 1 $ 35,000
PRESTON HOME LOANS INC
1537 E HILL RD SUITE 100
GRAND BLANC, MI 48439
* $ -1,000 1 $ 185,000
MEMBER FIRST MORTGAGE, LLC
616 44TH STREET SE
GRAND RAPIDS, MI 49548
* $ -1,000 1 $ 145,000
COMMUNITY CHOICE CREDIT UNION
31155 NORTHWESTERN HWY
FARMINGTON HILLS, MI 48334
* $ 1,628,879,000 1 $ 25,000
MMS MORTGAGE SERVICES, LTD.
38275 TWELVE MILE RD., SUITE 100
FARMINGTON HILLS, MI 48331
* $ -1,000 1 $ 45,000
TEAM ONE CREDIT UNION
520 HAYDEN
SAGINAW, MI 48607
* $ 741,366,000 1 $ 225,000
AMERICAN FINANCIAL NETWORK, INC.
10 POINTE DRIVE, SUITE 330
BREA, CA 92821
* $ -1,000 1 $ 225,000
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP
3701 ARCO CORPORATE DR., SUITE 200
CHARLOTTE, NC 28273
* $ -1,000 1 $ 265,000
GVC MORTGAGE, INC.
ONE PLAZA DRIVE, SUITE 3
PENDLETON, IN 46064
* $ -1,000 1 $ 155,000
TRUIST BANK
3100 SMOKETREE CT FL 5
RALEIGH, NC 27604
* $ 528,514,000,000 1 $ 345,000
SECURED INVESTMENT CORP.
701 E FRONT AVE
COEUR D'ALENE, ID 83814
* $ -1,000 1 $ 65,000
LUXURY MORTGAGE CORP.
FOUR LANDMARK SQUARE SUITE 300
STAMFORD, CT 06901
* $ -1,000 1 $ 455,000
FINANCE OF AMERICA MORTGAGE LLC
300 WELSH ROAD BUILDING 5
HORSHAM, PA 19044
* $ -1,000 1 $ 315,000
AMERICAN FINANCIAL RESOURCES, INC.
9 SYLVAN WAY
PARSIPPANY, NJ 07054
* $ -1,000 1 $ 75,000
MEMBERS FIRST CREDIT UNION
PO BOX 2165
MIDLAND, MI 48641
* $ 736,881,000 1 $ 165,000
KEYBANK NATIONAL ASSOCIATION
127 PUBLIC SQUARE
CLEVELAND, OH 44114
* $ 183,977,708,000 1 $ 105,000
SPRING EQ, LLC
2929 ARCH ST
PHILADELPHIA, PA 19104
* $ -1,000 1 $ 55,000
A&N MORTGAGE SERVICES, INC.
1535 N. DAYTON
CHICAGO, IL 60622
* $ -1,000 1 $ 285,000
HOME POINT FINANCIAL CORPORATION
1194 OAK VALLEY DRIVE, SUITE 80
ANN ARBOR, MI 48108
* $ -1,000 1 $ 275,000
FIRST COMMUNITY MORTGAGE, INC.
275 ROBERT ROSE DRIVE
MURFREESBORO, TN 37129
* $ -1,000 1 $ 565,000
ALLIANT CREDIT UNION
11545 W TOUHY
CHICAGO, IL 60666
* $ 15,151,012,000 1 $ 85,000
ACADEMY MORTGAGE CORPORATION
339 WEST 13490 SOUTH
DRAPER, UT 84020
* $ -1,000 1 $ 115,000
SUPERIOR NATIONAL BANK
235 QUINCY ST
HANCOCK, MI 49930
* $ 1,073,220,000 1 $ 165,000
FIRST PREMIER BANK
400 S SYCAMORE AVE, SUITE 101
SIOUX FALLS, SD 57110
* $ 2,889,083,000 1 $ 105,000
GENEVA FINANCIAL, LLC
1018 E. GUADALUPE ROAD
TEMPE, AZ 85283
* $ -1,000 1 $ 75,000
GUILD MORTGAGE COMPANY
5898 COPLEY DRIVE
SAN DIEGO, CA 92111
* $ -1,000 1 $ 125,000
MIDFIRST BANK
501 NW GRAND BLVD
OKLAHOMA CITY, OK 73118
* $ 32,127,026,000 1 $ 105,000
ALLY BANK
2101, 300 EAST REXFORD RD
CHARLOTTE, NC 28211
* $ 172,820,000,000 1 $ 195,000
UNITED BAY COMMUNITY CREDIT UNION
1309 N. LINCOLN AVE.
BAY CITY, MI 48708
* $ 253,810,000 1 $ 195,000
MOVEMENT MORTGAGE, LLC
8024 CALVIN HALL ROAD
INDIAN LAND, SC 29707
* $ -1,000 1 $ 115,000
THE STATE BANK
175 N LEROY ST
FENTON, MI 48430
* $ 1,419,081,000 1 $ 285,000
SOUTHWEST AIRLINES FEDERAL CREDIT UNION
2340 SHORECREST
DALLAS, TX 75235
* $ 793,832,000 1 $ 115,000
ISABELLA BANK
139 E. BROADWAY
MT. PLEASANT, MI 48858
* $ 1,982,186,000 1 $ 55,000

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 Chippewa County MI in 2022

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 415 $66,945,000 $161,000 $1,955,000 $94,000 $832,000
Cash-out Refinancing 162 $20,970,000 $129,000 $335,000 $69,000 $356,000
Refinancing 82 $10,350,000 $126,000 $355,000 $94,000 $500,000
Other Purpose 46 $3,220,000 $70,000 $305,000 $85,000 $286,000
Home Improvement 42 $2,440,000 $58,000 $155,000 $88,000 $242,000
Not Applicable 4 $460,000 $115,000 $175,000 $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 465 $62,595,000 $134,000 $785,000 $89,000 $832,000
Not Provided 141 $19,055,000 $135,000 $635,000 $78,000 $370,000
American Indian or Alaskan Native 69 $8,505,000 $123,000 $315,000 $77,000 $300,000
Not applicable 55 $11,095,000 $201,000 $1,955,000 $183,000 $183,000
Hispanic 13 $1,855,000 $142,000 $265,000 $99,000 $286,000
Native Hawaiian or Other Pacific Islander 3 $425,000 $141,000 $215,000 $57,000 $99,000
Asian 3 $495,000 $165,000 $345,000 $277,000 $685,000
Black or African American 2 $360,000 $180,000 $265,000 $95,000 $95,000

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) 512 $65,830,000 $128,000 $1,955,000 $95,000 $832,000
VA-guaranteed (Veterans Administration) 135 $23,885,000 $176,000 $645,000 $73,000 $191,000
FHA-insured (Federal Housing Administration) 89 $12,325,000 $138,000 $335,000 $58,000 $262,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 15 $2,345,000 $156,000 $235,000 $61,000 $90,000

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 392 $57,530,000 $146,000 $1,955,000 $91,000 $832,000
Application Denied By Financial Institution 122 $12,000,000 $98,000 $785,000 $68,000 $500,000
Application Withdrawn By Applicant 116 $18,520,000 $159,000 $635,000 $97,000 $685,000
Loan Purchased By The Institution 52 $8,810,000 $169,000 $565,000 $114,000 $183,000
File Closed For Incompleteness 39 $3,915,000 $100,000 $365,000 $71,000 $225,000
Application Approved But Not Accepted 25 $2,515,000 $100,000 $275,000 $87,000 $286,000
Preapproval Approved but not Accepted 5 $1,095,000 $219,000 $305,000 $122,000 $268,000
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 626 $90,180,000 $144,000 $645,000 $91,000 $832,000
Credit History 40 $3,540,000 $88,000 $305,000 $63,000 $190,000
Collateral 29 $3,455,000 $119,000 $455,000 $70,000 $230,000
Debt-To-Income Ratio 27 $4,625,000 $171,000 $1,955,000 $56,000 $134,000
Other 12 $880,000 $73,000 $175,000 $93,000 $500,000
Credit Application Incomplete 9 $615,000 $68,000 $115,000 $81,000 $129,000
Unverifiable Information 4 $890,000 $222,000 $515,000 $116,000 $370,000
Insufficient Cash (Downpayment, Closing Cost) 3 $165,000 $55,000 $95,000 $74,000 $108,000
Employment History 1 $35,000 $35,000 $35,000 $25,000 $25,000
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.

Download the Michigan Lender List