Clare County MI
Mortgage Loan Application
Totals and Details
for 2009

Find mortgage statistics and lending data for the Clare 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 Clare 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 1,581
Total Mortgage Loan Application Amount $137,638,000
Average Mortgage Loan Application Amount $87,000
Highest Mortgage Loan Application Amount $407,000
Average Applicant Income $57,000
Highest Applicant Income $1,248,000

Mortgage Company List for Lending in Clare County MI for 2009

* 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
ISABELLA BANK
139 E. BROADWAY
MT. PLEASANT, MI 48858
* $ 1,083,993,000 362 $ 29,263,000
CHEMICAL BANK
333 E MAIN STREET
MIDLAND, MI 48640
* $ 3,866,622,000 265 $ 18,516,000
BANK OF AMERICA, N.A.
4500 PARK GRANADA
CALABASAS, CA 91302
* $ 1,471,631,047,000 73 $ 6,934,000
JPMORGAN CHASE BANK, NA
1111 POLARIS PARKWAY
COLUMBUS, OH 43240
* $ 1,746,242,000,000 67 $ 5,566,000
WELLS FARGO BANK, NA
1 HOME CAMPUS, 4TH FLOOR, MAC X2301-042
DES MOINES, IA 50328
* $ 538,958,000,000 57 $ 5,303,000
CITIBANK, N.A.
601 LEXINGTON AVENUE, 20TH FLOOR
NEW YORK, NY 10022
* $ 1,227,040,000,000 52 $ 3,336,000
PNC BANK N.A.
249 FIFTH AVE. MS P1-POPP-22-2
PITTSBURGH, PA 15222
* $ 140,777,455,000 49 $ 3,943,000
FIRST NATIONAL BANK OF AMERICA
241 EAST SAGINAW
EAST LANSING, MI 48823
* $ 409,625,000 43 $ 1,180,000
ALLY BANK F/K/A/ GMAC BANK
1100 VIRGINIA DRIVE
FT. WASHINGTON, PA 19034
* $ 32,882,574,000 29 $ 3,685,000
ARBOR MORTGAGE CORPORATION
2311 EAST BELTLINE AVE SE 200
GRAND RAPIDS, MI 49546
* $ 15,555,000 29 $ 3,196,000
FLAGSTAR BANK
5151 CORPORATE DR
TROY, MI 48098
* $ 14,157,838,000 28 $ 2,750,000
FIFTH THIRD MORTGAGE, MI LLC
5001 KINGSLEY DRIVE MD 1MOB2W
CINCINNATI, OH 45227
* $ 48,969,000 27 $ 3,231,000
COUNTRYWIDE BANK FSB
30930 RUSSELL RANCH ROAD MS CA6-916-02-0
WESTLAKE VILLAGE, CA 91362
* $ 117,978,966,000 25 $ 2,728,000
CITIMORTGAGE, INC
601 LEXINGTON AVENUE, 20TH FLOOR
NEW YORK, NY 10022
* $ 1,019,497,000,000 24 $ 2,579,000
INDEPENDENT MORTGAGE CO
230 W MAIN ST
IONIA, MI 48846
* $ 2,953,214,000 19 $ 2,051,000
CITIZENS BANK
328 S SAGINAW ST
FLINT, MI 48502
* $ 12,266,600,000 19 $ 1,106,000
FIFTH THIRD MORTGAGE COMPANY
5001 KINGSLEY DRIVE MD 1MOB2W
CINCINNATI, OH 45227
* $ 69,459,606,000 18 $ 1,852,000
GMAC MORTGAGE LLC
1100 VIRGINIA DRIVE
FT. WASHINGTON, PA 19034
* $ 31,000,000 15 $ 1,972,000
WILDFIRE CREDIT UNION
6640 BAY RD
SAGINAW, MI 48604
* $ 454,334,000 14 $ 1,204,000
WELLS FARGO FUNDING, INC
100 N MAIN STREEET MAC D4001-063
WINSTON-SALEM, NC 27150
* $ 25,457,000 12 $ 1,597,000
DOW CHEMICAL EMPLOYEES'
600 E. LYON ROAD P.O. BOX 1649
MIDLAND, MI 48641
* $ 1,159,689,000 11 $ 747,000
MEMBER FIRST MORTGAGE, LLC
616 44TH STREET SE
GRAND RAPIDS, MI 49548
* $ 11,800,000 10 $ 937,000
FIFTH THIRD BANK
5001 KINGSLEY DRIVE MD 1MOB2W
CINCINNATI, OH 45227
* $ 69,459,606,000 10 $ 688,000
THE HUNTINGTON NATIONAL BANK
7575 HUNTINGTON PARK DR
COLUMBUS, OH 43235
* $ 53,586,626,000 9 $ 767,000
NEW YORK COMMUNITY BANK
1 JERICHO PLAZA
JERICHO, NY 11753
* $ 30,307,736,000 9 $ 1,343,000
HALLMARK HOME MORTGAGE, LLC
7421 COLDWATER ROAD
FORT WAYNE, IN 46825
* $ 2,915,000 9 $ 853,000
PHH MORTGAGE CORPORATION
1 MORTGAGE WAY
MT LAUREL, NJ 08054
* $ 31,000,000 9 $ 633,000
USAA FEDERAL SAVINGS BANK
10750 MCDERMOTT FREEWAY
SAN ANTONIO, TX 78288
* $ 32,584,979,000 8 $ 763,000
FIRSTBANK - ALMA MORTGAGE CO
311 WOODWORTH AVE.
ALMA, MI 48801
* $ 260,365,000 8 $ 933,000
US BANK, N.A.
777 EAST WISCONSIN AVE
MILWAUKEE, WI 53202
* $ 261,775,591,000 8 $ 835,000
CITIFINANCIAL, INC.
300 ST. PAUL PLACE
BALTIMORE, MD 21202
* $ 1,494,037,000,000 7 $ 292,000
NUUNION CREDIT UNION
501 S CAPITOL
LANSING, MI 48933
* $ 802,008,000 7 $ 351,000
JOLT CREDIT UNION
6180 STATE STREET
SAGINAW, MI 48603
* $ 227,958,000 6 $ 510,000
EQUITY SERVICES, INC.
5711 SIX FORKS ROAD, STE 201
RALEIGH, NC 27609
* $ 10,000,000 6 $ 671,000
TAYLOR, BEAN & WHITAKER
315 NE 14TH STREET
OCALA, FL 34470
* $ 10,000,000 6 $ 646,000
AMERA MORTGAGE CORPORATION
1050 CORPORATE OFFICE DR #200
MILFORD, MI 48381
* $ 1,300,000,000 6 $ 522,000
LAFCU
106 N MARKETPLACE BLVD
LANSING, MI 48917
* $ 479,688,000 6 $ 233,000
FIRST PLACE BANK
185 EAST MARKET
WARREN, OH 44481
* $ 3,311,463,000 5 $ 661,000
WOLVERINE BANK FSB
5710 EASTMAN AVE
MIDLAND, MI 48640
* $ 318,836,000 5 $ 655,000
COMERICA BANK
500 WOODWARD AVE - MC 3352
DETROIT, MI 48226
* $ 67,597,552,000 5 $ 557,000
METLIFE BANK, N.A.
334 MADISON AVENUE
CONVENT STATION, NJ 07961
* $ 10,273,647,000 5 $ 581,000
RBS CITIZENS, N.A.
ONE CITIZENS PLAZA
PROVIDENCE, RI 02903
* $ 129,725,957,000 5 $ 426,000
NATIONSTAR MORTGAGE LLC
8950 CYPRESS WATERS BLVD.
COPPELL, TX 75019
* $ 10,000,000 5 $ 449,000
GREENSTONE FARM CREDIT SERVICES, FLCA
3515 WEST RD
EAST LANSING, MI 48823
* $ 10,000,000 5 $ 965,000
W. J. BRADLEY MORTGAGE CAPITAL
6465 GREENWOOD PLAZA BLVD, SUITE 500
CENTENNIAL, CO 80111
* $ 10,000,000 5 $ 501,000
DORT FINANCIAL CREDIT UNION
9048 HOLLY ROAD
GRAND BLANC, MI 48439
* $ 380,561,000 5 $ 339,000
LAKE MICHIGAN CREDIT UNION
PO BOX 2848
GRAND RAPIDS, MI 49501
* $ 1,488,726,000 5 $ 326,000
MORTGAGE CENTER L.C
29621 NORTHWESTERN HWY
SOUTHFIELD, MI 48034
* $ 30,000,000 5 $ 316,000
MICHIGAN STATE UNIVERSITY FEDERAL CREDIT UNION
3777 WEST ROAD
EAST LANSING, MI 48823
* $ 1,569,230,000 4 $ 511,000
WANIGAS CREDIT UNION
4026 SHATTUCK RD
SAGINAW, MI 48603
* $ 232,023,000 4 $ 403,000
EMBRACE HOME LOANS, INC.
25 ENTERPRISE CENTER
MIDDLETOWN, RI 02842
* $ 10,000,000 4 $ 426,000
ENVOY MORTGAGE, LTD
5100 WESTHEIMER RD, STE 320
HOUSTON, TX 77056
* $ 10,000,000 4 $ 502,000
MORTGAGE 1 INCORPORATED
43456 MOUND ROAD
STERLING HEIGHTS, MI 49314
* $ 9,135,000 4 $ 586,000
HFC COMPANY LLC
26525 NORTH RIVERWOODS BLVD.
METTAWA, IL 60045
* $ 15,000,000 4 $ 406,000
INDEPENDENT BANK
4200 EAST BELTLINE
GRAND RAPIDS, MI 49525
* $ 2,953,214,000 3 $ 40,000
CNB LENDING SERVICES, LLC
ONE SOUTH HOWELL ST
HILLSDALE, MI 49242
* $ 247,881,000 3 $ 441,000
CAPITAL ONE NA
11130 INDUSTRIALPLEX BLVD
BATON ROUGE, LA 70809
* $ 115,142,306,000 3 $ 54,000
FIRST STATE MORTGAGE SERVICES, LLC
502 N HERSHEY ROAD
BLOOMINGTON, IL 61704
* $ 327,995,000 3 $ 323,000
BANK OF ANN ARBOR
1333 W ANN ARBOR ROAD
PLYMOUTH, MI 48185
* $ 489,167,000 3 $ 644,000
EVERBANK
8100 NATIONS WAY
JACKSONVILLE, FL 32256
* $ 7,047,356,000 3 $ 180,000
MIDFIRST BANK
501 NW GRAND BLVD.
OKLAHOMA CITY, OK 73118
* $ 14,649,039,000 3 $ 240,000
FRANKLIN AMERICAN MORTGAGE CO
501 CORPORATE CENTRE DRIVE, SUITE 400
FRANKLIN, TN 37067
* $ 10,000,000 3 $ 300,000
PROVIDENT FUNDING ASSOCIATES, L.P.
851 TRAEGER AVENUE, SUITE 100
SAN BRUNO, CA 94066
* $ 10,000,000 3 $ 457,000
TOWNE MORTGAGE COMPANY
2170 E. BIG BEAVER ROAD, SUITE A
TROY, MI 48083
* $ 10,000,000 3 $ 527,000
VAN DYK MORTGAGE CORPORATION
2449 CAMELOT CT SE
GRAND RAPIDS, MI 49546
* $ 10,000,000 3 $ 275,000
GUARDIAN MORTGAGE COMPANY, INC
100 N. CENTRAL EXPRESSWAY SUITE 190
RICHARDSON, TX 75083
* $ 10,000,000 3 $ 281,000
NEW DAY FINANCIAL, LLC
8160 MAPLE LAWN BLVD.
FULTON, MD 20759
* $ 4,088,336,000 2 $ 263,000
PLATINUM HOME MORTGAGE CORPORATION
2200 HICKS RD, STE 101
ROLLING MEADOWS, IL 60008
* $ 10,000,000 2 $ 354,000
TEAM ONE CREDIT UNION
520 HAYDEN
SAGINAW, MI 48607
* $ 278,016,000 2 $ 147,000
FINANCIAL PLUS CREDIT UNION
G-3381 VAN SLYKE RD, P.O. BOX 7006
FLINT, MI 48507
* $ 301,455,000 2 $ 42,000
JOURNEY FEDERAL CREDIT UNION
1200 ZEEB DRIVE
ST. JOHNS, MI 48879
* $ 72,620,000 2 $ 69,000
LAKE TRUST CREDIT UNION
4605 S OLD US HIGHWAY 23
BRIGHTON, MI 48114
* $ 665,197,000 2 $ 209,000
CONSUMERS PROFESSIONAL CREDIT UNION
525 W WILLOW STREET
LANSING, MI 48906
* $ 69,735,000 2 $ 76,000
SECURITY CREDIT UNION
5255 SECURITY PARK BLVD
HOLLY, MI 48442
* $ 347,261,000 2 $ 85,000
STATE FARM BANK
1 STATE FARM PLAZA
BLOOMINGTON, IL 61710
* $ 16,669,297,000 2 $ 21,000
ONEWEST BANK, FSB
888 EAST WALNUT ST
PASADENA, CA 91101
* $ 36,000,000,000 2 $ 257,000
EVERHOME MORTGAGE COMPANY
8100 NATIONS WAY
JACKSONVILLE, FL 32256
* $ 3,027,261,000 2 $ 109,000
SUMMIT COMMUNITY BANK
1600 ABBOT RD
EAST LANSING, MI 48823
* $ 170,293,000 2 $ 351,000
TALMER BANK AND TRUST
2301 W. BIG BEAVER RD., SUITE 200
TROY, MI 48084
* $ 63,857,000 2 $ 369,000
CF BANCORP MORTGAGE COMPANY
525 WATER STREET
PORT HURON, MI 48060
* $ 1,422,966,000 2 $ 228,000
FIDELITY BANK
22290 MICHIGAN AVENUE
DEARBORN, MI 48124
* $ 1,119,647,000 2 $ 244,000
NPB MORTGAGE LLC
3333 DEPOSIT DRIVE NE
GRAND RAPIDS, MI 49546
* $ 145,000,000 2 $ 87,000
FIRSTBANK - ST JOHNS MTG CO
201 N CLINTON AVE
ST JOHNS, MI 48879
* $ 35,330,000 1 $ 90,000
THE DART MORTGAGE CO., LLC
368 S. PARK ST., P.O. BOX 40
MASON, MI 48854
* $ 218,941,000 1 $ 24,000
HOME SAVINGS OF AMERICA
35 E BROADWAY
LITTLE FALLS, MN 56345
* $ 427,899,000 1 $ 174,000
FENTURA MORTGAGE CORP
P O BOX 725
FENTON, MI 48430
* $ 295,000,000 1 $ 108,000
MERCANTILE BANK MTG CO LLC
4613 ALPINE AVE NW
COMSTOCK PARK, MI 49321
* $ 698,000,000 1 $ 134,000
1ST STATE FINANCIAL, LTD.
PO BOX 1468
SAGINAW, MI 48605
* $ 137,981,000 1 $ 159,000
FIRST MARINER BANK
3301 BOSTON STREET
BALTIMORE, MD 21224
* $ 1,196,580,000 1 $ 88,000
THE PRIVATEBANK AND TRUST CO.
120 SOUTH LASALLE STREET
CHICAGO, IL 60603
* $ 8,449,185,000 1 $ 350,000
FINANCIAL FREEDOM ACQUISITION
1 BANTING
IRVINE, CA 92618
* $ 36,000,000,000 1 $ 53,000
MORGAN STANLEY CREDIT CORP
75 N. FAIRWAY DR.
VERNON HILLS, IL 60061
* $ 36,000,000 1 $ 188,000
PENTAGON FEDERAL CREDIT UNION
14300 SULLYFIELD CIRCLE
CHANTILLY, VA 20151
* $ 12,942,945,000 1 $ 108,000
NFCU
820 FOLLIN LANE
VIENNA, VA 22180
* $ 36,351,625,000 1 $ 224,000
DFCU FINANCIAL
400 TOWN CENTER DRIVE
DEARBORN, MI 48126
* $ 2,140,880,000 1 $ 27,000
HOMESTEAD SAVINGS BANK
415 S SUPERIOR ST
ALBION, MI 49224
* $ 82,669,000 1 $ 76,000
MACKINAC SAVINGS BANK FSB
280 N CONGRESS AVE
BOYNTON BEACH, FL 33426
* $ 130,183,000 1 $ 60,000
ING BANK, FSB
1 SOUTH ORANGE STREET
WILMINGTON, DE 19801
* $ 82,416,721,000 1 $ 88,000
MWABANK
1701 1ST AVENUE
ROCK ISLAND, IL 61201
* $ 208,407,000 1 $ 208,000
AMERIPRISE BANK, FSB
707 2ND AVENUE SOUTH
MINNEAPOLIS, MN 55474
* $ 1,476,384,000 1 $ 176,000
EDWARD JONES MORTGAGE, LLC
100 N MAIN STREET MAC D4001-063
WINSTON-SALEM, NC 27150
* $ 25,000,000 1 $ 113,000
MERRILL LYNCH CREDIT CORP
4500 PARK GRANADA CA7-910-01-24
CALABASAS, CA 91302
* $ 2,223,299,000 1 $ 179,000
TCF NATIONAL BANK
2508 LOUISE AVE S (002-01-P)
SIOUX FALLS, SD 57106
* $ 16,703,060,000 1 $ 121,000
M&T BANK
1 M&T PLAZA -15TH FLOOR
BUFFALO, NY 14203
* $ 64,824,244,000 1 $ 71,000
LAKESTONE BANK & TRUST
83 W NEPESSING ST
LAPEER, MI 48446
* $ 256,139,000 1 $ 40,000
SOUTHERN MICHIGAN BANK & TRUST
51 WEST PEARL STREET
COLDWATER, MI 49036
* $ 331,971,000 1 $ 91,000
THE DART BANK
368 S. PARK ST.
MASON, MI 48854
* $ 266,772,000 1 $ 125,000
COMMUNITY STATE BANK
PO BOX 469
BIRCH RUN, MI 48415
* $ 186,958,000 1 $ 22,000
PRIMELENDING, A PLAINSCAPITAL COMPANY
18111 PRESTON ROAD SUITE 900
DALLAS, TX 75252
* $ 3,930,807,000 1 $ 90,000
SAGELINK CREDIT UNION
311 N SAGINAW ST
DURAND, MI 48429
* $ 138,164,000 1 $ 56,000
FINANCIALEDGE COMMUNITY CREDIT UNION
1199 S. EUCLID AVE.
BAY CITY, MI 48706
* $ 55,537,000 1 $ 43,000
MICHIGAN SCHOOLS AND GOVERNMENT
40400 GARFIELD ROAD
CLINTON TOWNSHIP, MI 48038
* $ 924,359,000 1 $ 122,000
PURDUE FEDERAL CREDIT UNION
1551 WIN HENTSCHEL BLVD., PO BOX 2433
WEST LAFAYETTE, IN 47906
* $ 529,362,000 1 $ 156,000
COPOCO COMMUNITY CREDIT UNION
4265 E WILDER RD
BAY CITY, MI 48706
* $ 61,674,000 1 $ 79,000
TLC COMMUNITY CREDIT UNION
3030 S ADRIAN HWY
ADRIAN, MI 49221
* $ 290,265,000 1 $ 52,000
LAKES COMMUNITY CREDIT UNION
350 N. PARK BLVD P.O.BOX 99
LAKE ORION, MI 48362
* $ 64,674,000 1 $ 19,000
ZEAL CREDIT UNION
17250 NEWBURGH
LIVONIA, MI 48152
* $ 357,353,000 1 $ 50,000
COMMUNITY CHOICE CREDIT UNION
31155 NORTHWESTERN HWY
FARMINGTON HILLS, MI 48334
* $ 409,863,000 1 $ 122,000
ONE REVERSE MORTGAGE, LLC
4445 EASTGATE MALL, SUITE 320
SAN DIEGO, CA 92121
* $ 39,000,000 1 $ 113,000
D & R MORTGAGE CORP
29870 MIDDLEBELT ROAD
FARMINGTON HILLS, MI 48334
* $ 10,000,000 1 $ 116,000
FIRST RESIDENTIAL MORTGAGE
9721 ORMSBY STATION RD.
LOUISVILLE, KY 40223
* $ 10,000,000 1 $ 205,000
MORTGAGE NOW, INC.
1161 BROAD ST SUITE 212
SHREWSBURY, NJ 07702
* $ 10,000,000 1 $ 139,000
THE ANDERSON FINANCIAL GROUP, INC.
2421 N ASHLAND
CHICAGO, IL 60614
* $ 10,000,000 1 $ 109,000
NEWREZ LLC
4000 CHEMICAL ROAD SUITE 200
PLYMOUTH MEETING, PA 19462
* $ 10,000,000 1 $ 91,000
IFREEDOM DIRECT CORPORATION
124 N. CHARLES LINDBERGH DRIVE
SLC, UT 84116
* $ 10,000,000 1 $ 224,000
AMERICAN GENERAL FIN.SERV.(DE)
601 N.W. SECOND STREET, P.O. BOX 59
EVANSVILLE, IN 47701
* $ 10,000,000 1 $ 23,000
TRANEX FINANCIAL INC.
26200 AMERICAN DRIVE
SOUTHFIELD, MI 48034
* $ 10,000,000 1 $ 146,000
FREEDOM MORTGAGE CORP.
10500 KINCAID DR. STE. 300
FISHERS, IN 46037
* $ 10,000,000 1 $ 91,000
SUMMIT MORTGAGE CORPORATION
13355 10TH AVE N, #100
PLYMOUTH, MN 55441
* $ 10,000,000 1 $ 83,000
CHURCHILL MORTGAGE CORPORATION
761 OLD HICKORY BLVD, SUITE 400
BRENTWOOD, TN 37027
* $ 10,000,000 1 $ 279,000
SECURITY ATLANTIC WHOLESALE
499 THORNALL ST, SUITE 220
EDISON, NJ 08837
* $ 10,000,000 1 $ 126,000
CAPITAL MORTGAGE FUNDING, LLC
17170 WEST 12 MILE ROAD
SOUTHFIELD, MI 48076
* $ 10,000,000 1 $ 116,000
LSI MORTGAGE PLUS
6470 E JOHNS CROSSING STE 400
DULUTH, GA 30097
* $ 1,704,000 1 $ 117,000
NATIONWIDE MORTGAGE CONCEPTS,
40380 DESERT CREEK LANE
RANCHO MIRAGE, CA 92270
* $ 10,000,000 1 $ 90,000

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 Clare County MI in 2009

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 1,126 $109,959,000 $97,000 $407,000 $60,000 $1,248,000
Home Purchase 319 $24,015,000 $75,000 $270,000 $53,000 $416,000
Home Improvement 136 $3,664,000 $26,000 $179,000 $44,000 $280,000

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 1,296 $112,155,000 $86,000 $407,000 $60,000 $852,000
Not Provided 151 $13,078,000 $86,000 $385,000 $59,000 $1,248,000
Not applicable 110 $10,382,000 $94,000 $350,000 $28,000 $619,000
Hispanic 11 $834,000 $75,000 $156,000 $35,000 $100,000
American Indian or Alaskan Native 10 $702,000 $70,000 $152,000 $49,000 $88,000
Asian 3 $487,000 $162,000 $250,000 $96,000 $269,000
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) 1,258 $106,853,000 $84,000 $407,000 $65,000 $1,248,000
FHA-insured (Federal Housing Administration) 239 $24,048,000 $100,000 $265,000 $31,000 $209,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 60 $4,304,000 $71,000 $145,000 $24,000 $69,000
VA-guaranteed (Veterans Administration) 24 $2,433,000 $101,000 $224,000 $27,000 $55,000

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 823 $68,945,000 $83,000 $350,000 $64,000 $852,000
Application Denied By Financial Institution 330 $26,528,000 $80,000 $407,000 $55,000 $1,248,000
Loan Purchased By The Institution 207 $20,824,000 $100,000 $350,000 $38,000 $619,000
Application Approved But Not Accepted 104 $9,866,000 $94,000 $261,000 $61,000 $282,000
Application Withdrawn By Applicant 101 $9,921,000 $98,000 $225,000 $52,000 $148,000
File Closed For Incompleteness 16 $1,554,000 $97,000 $188,000 $51,000 $183,000
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 75 $8,578,000 $114,000 $279,000 $62,000 $222,000
Credit History 46 $2,042,000 $44,000 $134,000 $36,000 $138,000
Debt-To-Income Ratio 35 $3,042,000 $86,000 $407,000 $79,000 $1,248,000
Other 14 $893,000 $63,000 $199,000 $62,000 $164,000
Credit Application Incomplete 11 $998,000 $90,000 $198,000 $60,000 $159,000
Unverifiable Information 7 $660,000 $94,000 $186,000 $40,000 $130,000
Employment History 4 $197,000 $49,000 $75,000 $43,000 $83,000
Insufficient Cash (Downpayment, Closing Cost) 1 $53,000 $53,000 $53,000 $59,000 $59,000
Mortgage Insurance Denied 1 $38,000 $38,000 $38,000 $59,000 $59,000

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.

Download the Michigan Lender List