Clare County MI
Mortgage Loan Application
Totals and Details
for 2014

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 1,155
Total Mortgage Loan Application Amount $92,291,000
Average Mortgage Loan Application Amount $79,000
Highest Mortgage Loan Application Amount $475,000
Average Applicant Income $61,000
Highest Applicant Income $1,982,000

Mortgage Company List for Lending in Clare County MI for 2014

* 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
NEIGHBORHOOD MORTGAGE SOLUTION
PO BOX 209 544 N MAIN ST
FRANKENMUTH, MI 48734
* $ 77,551,000 165 $ 11,878,000
CHEMICAL BANK
333 E MAIN STREET
MIDLAND, MI 48640
* $ 6,176,405,000 142 $ 9,652,000
ISABELLA BANK
139 E. BROADWAY
MT. PLEASANT, MI 48858
* $ 1,433,762,000 90 $ 7,212,000
PNC BANK, NATIONAL ASSOCIATION
249 FIFTH AVE. MS P1-POPP-22-2
PITTSBURGH, PA 15222
* $ 309,999,678,000 53 $ 3,184,000
FIRSTBANK
102 S MAIN ST
MT PLEASANT, MI 48858
* $ 1,222,044,000 51 $ 4,353,000
JPMORGAN CHASE BANK, NATIONAL ASSOCIATION
1111 POLARIS PARKWAY
COLUMBUS, OH 43240
* $ 1,945,467,000,000 49 $ 3,592,000
WELLS FARGO BANK, NATIONAL ASSOCIATION
100 N MAIN STREET MAC D4001-042
WINSTON-SALEM, NC 27150
* $ 1,373,600,000,000 45 $ 3,654,000
INDEPENDENT BANK
4200 EAST BELTLINE
GRAND RAPIDS, MI 49525
* $ 2,199,198,000 24 $ 2,146,000
LOANDEPOT.COM, LLC
26642 TOWNE CENTRE DRIVE
FOOTHILL RANCH, CA 92610
* $ 138,031,000 17 $ 1,592,000
DOW CHEMICAL EMPLOYEES'
600 E. LYON ROAD P.O. BOX 1649
MIDLAND, MI 48641
* $ 1,400,994,000 14 $ 1,163,000
NATIONSTAR MORTGAGE LLC
8950 CYPRESS WATERS BLVD.
COPPELL, TX 75019
* $ 10,000,000 14 $ 1,553,000
FIRST GUARANTY MORTGAGE CORPORATION
1900 GALLOWS ROAD, SUITE 800
TYSONS CORNER, VA 22182
* $ 10,000,000 14 $ 1,612,000
MORTGAGE CENTER L.C
29621 NORTHWESTERN HWY
SOUTHFIELD, MI 48034
* $ 30,000,000 13 $ 759,000
BANK OF AMERICA, NATIONAL ASSOCIATION
31303 AGOURA RD CA6-917-01-20
WESTLAKE VILLAGE, CA 91361
* $ 1,433,716,000,000 12 $ 874,000
CITIMORTGAGE, INC.
1 COURT SQUARE, 43RD FLOOR
LONG ISLAND CITY, NY 11120
* $ 1,019,497,000,000 11 $ 731,000
FLAGSTAR BANK, FSB
5151 CORPORATE DRIVE
TROY, MI 48098
* $ 12,648,357,000 11 $ 837,000
MICHIGAN STATE UNIVERSITY FEDERAL CREDIT UNION
3777 WEST ROAD
EAST LANSING, MI 48823
* $ 2,536,690,000 11 $ 733,000
EMBRACE HOME LOANS, INC.
25 ENTERPRISE CENTER
MIDDLETOWN, RI 02842
* $ 10,000,000 11 $ 929,000
MEMBER FIRST MORTGAGE, LLC
616 44TH STREET SE
GRAND RAPIDS, MI 49548
* $ 11,800,000 11 $ 911,000
THE HUNTINGTON NATIONAL BANK
7 EASTON OVAL EA5C242
COLUMBUS, OH 43219
* $ 59,304,805,000 10 $ 659,000
MORTGAGE RESEARCH CENTER, LLC
1400 VETERANS UNITED DR.
COLUMBIA, MO 65203
* $ 880,000,000 10 $ 753,000
ACADEMY MORTGAGE CORPORATION
339 WEST 13490 SOUTH
DRAPER, UT 84020
* $ 10,000,000 10 $ 778,000
LAKE MICHIGAN CREDIT UNION
PO BOX 2848
GRAND RAPIDS, MI 49501
* $ 3,042,240,000 9 $ 1,102,000
UNITED SHORE FINANCIAL SERVICES, LLC
1414 EAST MAPLE ROAD
TROY, MI 48083
* $ 10,000,000 8 $ 695,000
GREENSTONE FARM CREDIT SERVICES, FLCA
3515 WEST RD
EAST LANSING, MI 48823
* $ 10,000,000 8 $ 746,000
AMERICAN FINANCIAL RESOURCES, INC.
9 SYLVAN WAY
PARSIPPANY, NJ 07054
* $ 10,000,000 8 $ 632,000
UNION HOME MORTGAGE CORP.
8241 DOW CIRCLE
STRONGSVILLE, OH 44136
* $ 10,000,000 7 $ 586,000
PRIMELENDING, A PLAINSCAPITAL COMPANY
18111 PRESTON ROAD SUITE 900
DALLAS, TX 75252
* $ 8,361,206,000 7 $ 615,000
MIDFIRST BANK
501 NW GRAND BLVD
OKLAHOMA CITY, OK 73118
* $ 9,596,388,000 7 $ 425,000
FIRST NATIONAL BANK OF AMERICA
241 EAST SAGINAW
EAST LANSING, MI 48823
* $ 617,585,000 7 $ 290,000
FIRSTMERIT BANK NA
III CASCADE PLAZA - CAS46
AKRON, OH 44308
* $ 23,864,142,000 7 $ 737,000
MORTGAGE 1 INCORPORATED
43456 MOUND ROAD
STERLING HEIGHTS, MI 49314
* $ 9,135,000 7 $ 663,000
FIFTH THIRD MORTGAGE COMPANY
5001 KINGSLEY DRIVE MD 1MOB2W
CINCINNATI, OH 45227
* $ 127,428,329,000 7 $ 459,000
FIFTH THIRD MORTGAGE, MI LLC
5001 KINGSLEY DRIVE MD 1MOB2W
CINCINNATI, OH 45227
* $ 48,969,000 7 $ 459,000
FIFTH THIRD BANK
38 FOUNTAIN SQUARE MD1090K1
CINCINNATI, OH 45263
* $ 127,428,329,000 6 $ 260,000
PREMIER HOME MORTGAGE, INC.
3024 TOWER RD
RAPID CITY, SD 57701
* $ 20,569,000 6 $ 500,000
NEW DAY FINANCIAL, LLC
8160 MAPLE LAWN BLVD.
FULTON, MD 20759
* $ 4,088,336,000 6 $ 709,000
TOWNE MORTGAGE COMPANY
2170 E. BIG BEAVER ROAD, SUITE A
TROY, MI 48083
* $ 35,475,880,000 6 $ 594,000
RELIANCE FIRST CAPITAL, LLC
201 OLD COUNTRY ROAD SUITE 205
MELVILLE, NY 11747
* $ 100,000,000 5 $ 733,000
J. VIRGIL, INC.
G3404 MILLER ROAD
FLINT, MI 48507
* $ 500,000 5 $ 379,000
FRANKLIN AMERICAN MORTGAGE COMPANY
6100 TOWER CIRCLE SUITE 600
FRANKLIN, TN 37067
* $ 10,000,000 5 $ 498,000
U.S. BANK NATIONAL ASSOCIATION
425 WALNUT STREET
CINCINNATI, OH 45202
* $ 360,478,278,000 5 $ 332,000
USAA FEDERAL SAVINGS BANK
10750 MCDERMOTT FREEWAY
SAN ANTONIO, TX 78288
* $ 62,866,954,000 5 $ 556,000
CITIBANK, NATIONAL ASSOCIATION
1 COURT SQUARE,43RD FLOOR
LONG ISLAND CITY, NY 11120
* $ 1,346,747,000,000 4 $ 173,000
21ST MORTGAGE CORPORATION
620 MARKET ST SUITE 100
KNOXVILLE, TN 37902
* $ 10,000,000 4 $ 120,000
COMMERCIAL BANK
301 N. STATE ST
ALMA, MI 48801
* $ 365,506,000 4 $ 590,000
GUARANTEED RATE, INC.
3940 NORTH RAVENSWOOD AVE
CHICAGO, IL 60613
* $ 10,000,000 4 $ 527,000
AMERIFIRST FINANCIAL CORPORATION
950 TRADE CENTRE WAY SUITE 400
KALAMAZOO, MI 49009
* $ 10,000,000 4 $ 315,000
AMERISAVE MORTGAGE CORPORATION
3525 PIEDMONT RD NE, 8 PIEDMONT CTR STE
ATLANTA, GA 30305
* $ 8,994,122,000 4 $ 230,000
CITIZENS BANK, NATIONAL ASSOCIATION
ONE CITIZENS PLAZA
PROVIDENCE, RI 02903
* $ 94,716,980,000 3 $ 207,000
PENNYMAC LOAN SERVICES LLC
3043 TOWNSGATE ROAD
WESTLAKE VILLAGE, CA 91361
* $ 39,000,000 3 $ 181,000
PHH MORTGAGE CORPORATION
1 MORTGAGE WAY
MT LAUREL, NJ 08054
* $ 31,000,000 3 $ 210,000
TALMER BANK AND TRUST
2301 W. BIG BEAVER RD., SUITE 200
TROY, MI 48084
* $ 2,308,075,000 3 $ 785,000
COMMUNITY FINANCIAL CREDIT UNION
500 S HARVEY ST
PLYMOUTH, MI 48170
* $ 543,090,000 3 $ 166,000
1ST STATE FINANCIAL, LTD.
PO BOX 1468
SAGINAW, MI 48605
* $ 188,545,000 3 $ 212,000
WILDFIRE CREDIT UNION
6640 BAY RD
SAGINAW, MI 48604
* $ 679,412,000 3 $ 160,000
NORTHPOINTE BANK
3333 DEPOSIT DRIVE NE
GRAND RAPIDS, MI 49546
* $ 299,620,000 3 $ 408,000
SUN WEST MORTGAGE COMPANY, INC.
18000 STUDEBAKER ROAD, SUITE 200
CERRITOS, CA 90703
* $ 10,000,000 3 $ 360,000
DISCOVER BANK
12 READS WAY
NEW CASTLE, DE 19720
* $ 62,915,596,000 3 $ 102,000
FINANCIAL PLUS CREDIT UNION
G-3381 VAN SLYKE RD, P.O. BOX 7006
FLINT, MI 48507
* $ 389,622,000 3 $ 80,000
ASSOCIATED BANK, NATIONAL ASSOCIATION
200 NORTH ADAMS STREET
GREEN BAY, WI 54301
* $ 23,932,159,000 3 $ 479,000
STATE FARM BANK, F.S.B.
1 STATE FARM PLAZA E-6
BLOOMINGTON, IL 61710
* $ 15,766,346,000 2 $ 152,000
TIAA, FSB
501 RIVERSIDE AVENUE
JACKSONVILLE, FL 32202
* $ 17,638,918,000 2 $ 185,000
NAVY FEDERAL CREDIT UNION
820 FOLLIN LANE
VIENNA, VA 22180
* $ 55,502,976,000 2 $ 228,000
JOURNEY FEDERAL CREDIT UNION
1200 ZEEB DRIVE
ST. JOHNS, MI 48879
* $ 91,162,000 2 $ 40,000
FIRSTMERIT MORTGAGE CORP
4455 HILLS AND DALES RD. NW - MTG80
CANTON, OH 44708
* $ 6,000,000,000 2 $ 222,000
DISCOVER HOME LOANS, INC
173 TECHNOLOGY DRIVE
IRVINE, CA 92618
* $ 79,339,664,000 2 $ 342,000
MICHIGAN MUTUAL, INC.
911 MILITARY STREET
PORT HURON, MI 48060
* $ 35,000,000,000 2 $ 302,000
KEYBANK NATIONAL ASSOCIATION
127 PUBLIC SQUARE
CLEVELAND, OH 44114
* $ 90,439,767,000 2 $ 252,000
MBANK
130 S CEDAR ST
MANISTIQUE, MI 49854
* $ 569,294,000 2 $ 154,000
BBMC MORTGAGE, LLC
100 W. 22ND ST
LOMBARD, IL 60148
* $ 149,000,000 2 $ 231,000
FIRST STATE BANK MORTGAGE CO
24300 LITTLE MACK
ST CLAIR SHORES, MI 48080
* $ 11,056,000 2 $ 188,000
MACATAWA BANK
PO BOX 3119
HOLLAND, MI 49422
* $ 1,513,964,000 2 $ 477,000
ADMIRALS BANK
15 PARK ROW WEST
PROVIDENCE, RI 02903
* $ 577,338,000 2 $ 22,000
UNITED BANK AND TRUST
2723 S STATE ST
ANN ARBOR, MI 48104
* $ 898,383,000 2 $ 83,000
WEST MICHIGAN CREDIT UNION
1319 FRONT AVE NW
GRAND RAPIDS, MI 49504
* $ 133,249,000 2 $ 114,000
JOLT CREDIT UNION
6180 STATE STREET
SAGINAW, MI 48603
* $ 321,718,000 2 $ 249,000
SAGELINK CREDIT UNION
311 N SAGINAW ST
DURAND, MI 48429
* $ 169,265,000 2 $ 110,000
CREDIT UNION ONE
400 E NINE MILE RD
FERNDALE, MI 48220
* $ 821,636,000 2 $ 74,000
CASE
4316 S PENNSYLVANIA AVE
LANSING, MI 48911
* $ 237,547,000 2 $ 110,000
TEAM ONE CREDIT UNION
520 HAYDEN
SAGINAW, MI 48607
* $ 383,646,000 2 $ 145,000
HOMEWARD RESIDENTIAL, INC.
16675 ADDISON ROAD
ADDISON, TX 75001
* $ 3,809,880,000 2 $ 342,000
MB FINANCIAL BANK NA
6111 N. RIVER ROAD
ROSEMONT, IL 60018
* $ 9,624,027,000 2 $ 123,000
STONEGATE MORTGAGE CORPORATION
9190 PRIORITY WAY WEST DRIVE
INDIANAPOLIS, IN 46240
* $ 10,000,000 2 $ 249,000
HOME POINT FINANCIAL CORPORATION
1194 OAK VALLEY DRIVE, SUITE 80
ANN ARBOR, MI 48108
* $ 40,000,000 2 $ 171,000
FREEDOM MORTGAGE CORPORATION
10500 KINCAID DRIVE
FISHERS, IN 46037
* $ 10,000,000 2 $ 215,000
PHH HOME LOANS, LLC
1 MORTGAGE WAY 2ND FLOOR
MT LAUREL, NJ 08054
* $ 4,597,939,000 1 $ 75,000
ROYAL UNITED MORTGAGE LLC
7999 KNUE RD. STE 300
INDIANAPOLIS, IN 46250
* $ 1,000,000,000 1 $ 67,000
MID AMERICA MORTGAGE, INC.
15301 SPECTRUM DRIVE, SUITE 405
ADDISON, TX 75001
* $ 11,000,000 1 $ 89,000
DIAMOND RESIDENTIAL MORTGAGE CORPORATION
582 OAKWOOD AVE
LAKE FOREST, IL 60045
* $ 12,837,000 1 $ 163,000
MAIN STREET BANK
31780 TELEGRAPH ROAD, SUITE 100
BINGHAM FARMS, MI 48025
* $ 159,956,000 1 $ 110,000
THE DART BANK
368 S. PARK ST.
MASON, MI 48854
* $ 271,122,000 1 $ 100,000
SSBBANK
122 W. MAIN ST P.O. BOX 427
STOCKBRIDGE, MI 49285
* $ 59,506,000 1 $ 130,000
WINGS FINANCIAL
14985 GLAZIER AVENUE
APPLE VALLEY, MN 55124
* $ 3,910,000,000 1 $ 80,000
GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION
100 PHOENIX DR, STE 300
ANN ARBOR, MI 48108
* $ 10,000,000 1 $ 110,000
MCGLONE MORTGAGE COMPANY, INC.
3701 E. EVERGREEN DRIVE, SUITE 500B
APPLETON, WI 54913
* $ 10,000,000 1 $ 153,000
MIDWEST BANK
200 EAST BROADWAY, P.O. BOX 440
MONMOUTH, IL 61462
* $ 416,466,000 1 $ 52,000
HORIZON BANK, N.A.
515 FRANKLIN ST
MICHIGAN CITY, IN 46360
* $ 1,758,006,000 1 $ 68,000
CONSUMERS
PO BOX 525
OSHTEMO, MI 49077
* $ 501,034,000 1 $ 50,000
VIBE
44575 W 12 MILE
NOVI, MI 48377
* $ 416,687,000 1 $ 72,000
TOTAL COMMUNITY CREDIT UNION
25155 GODDARD ROAD
TAYLOR, MI 48180
* $ 54,949,000 1 $ 14,000
PROFICIO BANK
6985 UNION PARK CENTER, SUITE 150
COTTONWOOD HEIGHTS, UT 84047
* $ 168,648,000 1 $ 104,000
BROKER SOLUTIONS, INC.
14511 MYFORD ROAD, SUITE 100
TUSTIN, CA 92780
* $ 10,000,000 1 $ 108,000
ONE REVERSE MORTGAGE, LLC
4445 EASTGATE MALL, SUITE 320
SAN DIEGO, CA 92121
* $ 39,000,000 1 $ 51,000
UNITED FINANCIAL CREDIT UNION
4685 STATE ST.
SAGINAW, MI 48603
* $ 173,977,000 1 $ 81,000
FRANKENMUTH CREDIT UNION
580 N. MAIN ST., PO BOX 209
FRANKENMUTH, MI 48734
* $ 292,052,000 1 $ 90,000
ALLIANCE CATHOLIC CREDIT UNION
26913 NORTHWESTERN HWY STE 520
SOUTHFIELD, MI 48033
* $ 413,364,000 1 $ 2,000
DFCU FINANCIAL
400 TOWN CENTER DRIVE
DEARBORN, MI 48126
* $ 3,538,032,000 1 $ 115,000
LAFCU
106 N MARKETPLACE BLVD
LANSING, MI 48917
* $ 560,969,000 1 $ 9,000
COPOCO COMMUNITY CREDIT UNION
4265 E WILDER RD
BAY CITY, MI 48706
* $ 100,013,000 1 $ 15,000
TLC COMMUNITY CREDIT UNION
3030 S ADRIAN HWY
ADRIAN, MI 49221
* $ 340,615,000 1 $ 82,000
SECURITY CREDIT UNION
5255 SECURITY PARK BLVD
HOLLY, MI 48442
* $ 381,225,000 1 $ 8,000
BANK OF ENGLAND
PO BOX 70
ENGLAND, AR 72046
* $ 245,863,000 1 $ 128,000
FIRST FEDERAL BANK OF THE MIDWEST
601 CLINTON STREET
DEFIANCE, OH 43512
* $ 2,125,408,000 1 $ 48,000
EATON COMMUNITY BANK
236 S. COCHRAN AVENUE, P.O. BOX 219
CHARLOTTE, MI 48813
* $ 310,144,000 1 $ 134,000
MERCANTILE BANK OF MICHIGAN
310 LEONARD ST NW
GRAND RAPIDS, MI 49504
* $ 1,423,946,000 1 $ 48,000
VILLAGE CAPITAL & INVESTMENT LLC
2863 ST. ROSE PARKWAY
HENDERSON, NV 89052
* $ 11,000,000 1 $ 61,000
GREAT PLAINS NATIONAL BANK
5909 NW EXPRESSWAY
OKLAHOMA CITY, OK 73132
* $ 539,275,000 1 $ 138,000
WOLVERINE BANK FSB
5710 EASTMAN AVE
MIDLAND, MI 48640
* $ 297,566,000 1 $ 71,000
COLE TAYLOR BANK
9550 W HIGGINS RAOD
ROSEMONT, IL 60018
* $ 5,662,890,000 1 $ 64,000
DOWNRIVER COMMUNITY FEDERAL CU
4320 W. JEFFERSON
ECORSE, MI 48229
* $ 141,843,000 1 $ 23,000
COMMUNITY STATE BANK
PO BOX 469
BIRCH RUN, MI 48415
* $ 188,291,000 1 $ 48,000
FAIRWAY INDEPENDENT MORTGAGE CORPORATION
4801 S. BILTMORE LANE
MADISON, WI 53718
* $ 10,000,000 1 $ 147,000
FARMERS STATE BANK
220 S. DETROIT STREET
LAGRANGE, IN 46761
* $ 526,666,000 1 $ 71,000
STEARNS LENDING, LLC
4 HUTTON CENTRE, 10TH FLOOR
SANTA ANA, CA 92707
* $ 10,000,000 1 $ 57,000
CMG MORTGAGE, INC.
3160 CROW CANYON ROAD, SUITE 400
SAN RAMON, CA 94583
* $ 100,000,000 1 $ 138,000
PEOPLES HOME EQUITY
5205 MARYLAND WAY SUITE 100
BRENTWOOD, TN 37027
* $ 1,065,000 1 $ 116,000
CITYWORTH MORTGAGE LLC
11781 LEE JACKSON HIGHWAY
FAIRFAX, VA 22033
* $ 1,400,000,000 1 $ 158,000
CAPITAL ONE, NATIONAL ASSOCIATION
7933 PRESTON ROAD
PLANO, TX 75024
* $ 238,482,903,000 1 $ 42,000
IMPAC MORTGAGE CORP.
19500 JAMBOREE RD
IRVINE, CA 92612
* $ 32,120,000 1 $ 112,000
AMWEST FUNDING CORP.
6 POINTE DRIVE, SUITE 300
BREA, CA 92821
* $ 10,000,000 1 $ 136,000
NATIONS LENDING CORPORATION
4 SUMMIT PARK DR STE 200
INDEPENDENCE, OH 44131
* $ 4,410,000 1 $ 118,000
IFREEDOM DIRECT CORPORATION
124 N. CHARLES LINDBERGH DRIVE
SLC, UT 84116
* $ 10,000,000 1 $ 163,000
CP FINANCIAL CREDIT UNION
1100 CLINTON RD
JACKSON, MI 49202
* $ 375,270,000 1 $ 11,000
CREDIT HUMAN FEDERAL CREDIT UNION
6061 IH 10 WEST
SAN ANTONIO, TX 78201
* $ 2,763,439,000 1 $ 45,000
AMERICAN ADVISORS GROUP
3800 W.CHAPMAN SUITE 300
ORANGE, CA 92868
* $ 100,247,000 1 $ 96,000
DITECH MORTGAGE CORP
1100 VIRGINIA DRIVE, SUITE 100
FT. WASHINGTON, PA 19034
* $ 5,720,000 1 $ 39,000
SUNTRUST BANK
P.O. BOX 4418, MAIL CODE 0663
ATLANTA, GA 30302
* $ 171,261,678,000 1 $ 10,000

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 2014

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 595 $49,205,000 $82,000 $475,000 $63,000 $1,982,000
Refinancing 445 $39,346,000 $88,000 $318,000 $59,000 $277,000
Home Improvement 115 $3,740,000 $32,000 $300,000 $61,000 $315,000

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 935 $76,347,000 $81,000 $475,000 $67,000 $1,982,000
Not Provided 118 $7,993,000 $67,000 $300,000 $52,000 $249,000
Not applicable 83 $6,411,000 $77,000 $452,000 $7,000 $133,000
Hispanic 10 $764,000 $76,000 $196,000 $76,000 $277,000
American Indian or Alaskan Native 4 $238,000 $59,000 $89,000 $42,000 $62,000
Asian 3 $261,000 $87,000 $118,000 $102,000 $133,000
Black or African American 1 $186,000 $186,000 $186,000 $80,000 $80,000
Native Hawaiian or Other Pacific Islander 1 $91,000 $91,000 $91,000 $50,000 $50,000

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) 882 $68,583,000 $77,000 $475,000 $70,000 $1,982,000
FHA-insured (Federal Housing Administration) 132 $11,588,000 $87,000 $261,000 $36,000 $152,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 78 $5,676,000 $72,000 $146,000 $23,000 $74,000
VA-guaranteed (Veterans Administration) 63 $6,444,000 $102,000 $261,000 $45,000 $133,000

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 518 $43,052,000 $83,000 $452,000 $76,000 $1,982,000
Application Denied By Financial Institution 306 $21,499,000 $70,000 $261,000 $48,000 $231,000
Application Withdrawn By Applicant 113 $10,042,000 $88,000 $475,000 $61,000 $273,000
Loan Purchased By The Institution 101 $7,860,000 $77,000 $186,000 $23,000 $272,000
File Closed For Incompleteness 65 $5,406,000 $83,000 $234,000 $56,000 $207,000
Application Approved But Not Accepted 52 $4,432,000 $85,000 $304,000 $74,000 $280,000
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
Credit History 83 $4,064,000 $48,000 $128,000 $43,000 $138,000
Debt-To-Income Ratio 38 $2,971,000 $78,000 $226,000 $43,000 $180,000
Collateral 30 $2,602,000 $86,000 $261,000 $55,000 $130,000
Credit Application Incomplete 13 $911,000 $70,000 $112,000 $49,000 $231,000
Other 8 $718,000 $89,000 $153,000 $68,000 $90,000
Insufficient Cash (Downpayment, Closing Cost) 5 $341,000 $68,000 $165,000 $60,000 $132,000
Employment History 2 $75,000 $37,000 $50,000 $20,000 $21,000
Unverifiable Information 1 $106,000 $106,000 $106,000 $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