Gratiot County MI
Mortgage Loan Application
Totals and Details
for 2009
Find mortgage statistics and lending data for the Gratiot 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 Gratiot 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 | 1,792 |
| Total Mortgage Loan Application Amount | $165,642,000 |
| Average Mortgage Loan Application Amount | $92,000 |
| Highest Mortgage Loan Application Amount | $945,000 |
| Average Applicant Income | $56,000 |
| Highest Applicant Income | $1,226,000 |
* 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 |
|---|---|---|---|---|
| FIRSTBANK - ALMA MORTGAGE CO 311 WOODWORTH AVE. ALMA, MI 48801 |
* | $ 260,365,000 | 534 | $ 49,444,000 |
| ISABELLA BANK 139 E. BROADWAY MT. PLEASANT, MI 48858 |
* | $ 1,083,993,000 | 213 | $ 20,293,000 |
| CHEMICAL BANK 333 E MAIN STREET MIDLAND, MI 48640 |
* | $ 3,866,622,000 | 138 | $ 8,919,000 |
| BANK OF AMERICA, N.A. 4500 PARK GRANADA CALABASAS, CA 91302 |
* | $ 1,471,631,047,000 | 75 | $ 7,507,000 |
| CITIBANK, N.A. 601 LEXINGTON AVENUE, 20TH FLOOR NEW YORK, NY 10022 |
* | $ 1,227,040,000,000 | 58 | $ 4,185,000 |
| WELLS FARGO BANK, NA 1 HOME CAMPUS, 4TH FLOOR, MAC X2301-042 DES MOINES, IA 50328 |
* | $ 538,958,000,000 | 49 | $ 5,254,000 |
| FIRSBANK - ALMA 311 WOODWORTH AVE ALMA, MI 48846 |
* | $ 261,342,000 | 46 | $ 1,160,000 |
| ARBOR MORTGAGE CORPORATION 2311 EAST BELTLINE AVE SE 200 GRAND RAPIDS, MI 49546 |
* | $ 15,555,000 | 46 | $ 4,433,000 |
| JPMORGAN CHASE BANK, NA 1111 POLARIS PARKWAY COLUMBUS, OH 43240 |
* | $ 1,746,242,000,000 | 40 | $ 3,229,000 |
| FIFTH THIRD MORTGAGE, MI LLC 5001 KINGSLEY DRIVE MD 1MOB2W CINCINNATI, OH 45227 |
* | $ 48,969,000 | 37 | $ 4,421,000 |
| MEMBER FIRST MORTGAGE, LLC 616 44TH STREET SE GRAND RAPIDS, MI 49548 |
* | $ 11,800,000 | 33 | $ 2,783,000 |
| ALLY BANK F/K/A/ GMAC BANK 1100 VIRGINIA DRIVE FT. WASHINGTON, PA 19034 |
* | $ 32,882,574,000 | 32 | $ 3,698,000 |
| FIFTH THIRD MORTGAGE COMPANY 5001 KINGSLEY DRIVE MD 1MOB2W CINCINNATI, OH 45227 |
* | $ 69,459,606,000 | 31 | $ 3,643,000 |
| CITICORP TRUST BANK, FSB 601 LEXINGTON AVENUE, 20TH FLOOR NEW YORK, NY 10022 |
* | $ 21,270,147,000 | 26 | $ 2,585,000 |
| CITIMORTGAGE, INC 601 LEXINGTON AVENUE, 20TH FLOOR NEW YORK, NY 10022 |
* | $ 1,019,497,000,000 | 22 | $ 2,410,000 |
| GMAC MORTGAGE LLC 1100 VIRGINIA DRIVE FT. WASHINGTON, PA 19034 |
* | $ 31,000,000 | 22 | $ 2,092,000 |
| COUNTRYWIDE BANK FSB 30930 RUSSELL RANCH ROAD MS CA6-916-02-0 WESTLAKE VILLAGE, CA 91362 |
* | $ 117,978,966,000 | 21 | $ 2,889,000 |
| INDEPENDENT MORTGAGE CO 230 W MAIN ST IONIA, MI 48846 |
* | $ 2,953,214,000 | 17 | $ 1,841,000 |
| FLAGSTAR BANK 5151 CORPORATE DR TROY, MI 48098 |
* | $ 14,157,838,000 | 16 | $ 1,694,000 |
| FIRST NATIONAL BANK OF AMERICA 241 EAST SAGINAW EAST LANSING, MI 48823 |
* | $ 409,625,000 | 15 | $ 561,000 |
| HALLMARK HOME MORTGAGE, LLC 7421 COLDWATER ROAD FORT WAYNE, IN 46825 |
* | $ 2,915,000 | 15 | $ 1,555,000 |
| EMBRACE HOME LOANS, INC. 25 ENTERPRISE CENTER MIDDLETOWN, RI 02842 |
* | $ 10,000,000 | 13 | $ 1,159,000 |
| FIFTH THIRD BANK 5001 KINGSLEY DRIVE MD 1MOB2W CINCINNATI, OH 45227 |
* | $ 69,459,606,000 | 12 | $ 777,000 |
| CITIFINANCIAL, INC. 300 ST. PAUL PLACE BALTIMORE, MD 21202 |
* | $ 1,494,037,000,000 | 11 | $ 795,000 |
| PNC BANK N.A. 249 FIFTH AVE. MS P1-POPP-22-2 PITTSBURGH, PA 15222 |
* | $ 140,777,455,000 | 11 | $ 1,043,000 |
| GREENSTONE FARM CREDIT SERVICES, FLCA 3515 WEST RD EAST LANSING, MI 48823 |
* | $ 10,000,000 | 11 | $ 1,322,000 |
| MORTGAGE CENTER L.C 29621 NORTHWESTERN HWY SOUTHFIELD, MI 48034 |
* | $ 30,000,000 | 9 | $ 788,000 |
| CITIZENS BANK 328 S SAGINAW ST FLINT, MI 48502 |
* | $ 12,266,600,000 | 9 | $ 560,000 |
| USAA FEDERAL SAVINGS BANK 10750 MCDERMOTT FREEWAY SAN ANTONIO, TX 78288 |
* | $ 32,584,979,000 | 9 | $ 1,055,000 |
| FIRSTBANK - ST JOHNS MTG CO 201 N CLINTON AVE ST JOHNS, MI 48879 |
* | $ 35,330,000 | 8 | $ 699,000 |
| DOW CHEMICAL EMPLOYEES' 600 E. LYON ROAD P.O. BOX 1649 MIDLAND, MI 48641 |
* | $ 1,159,689,000 | 8 | $ 395,000 |
| MICHIGAN STATE UNIVERSITY FEDERAL CREDIT UNION 3777 WEST ROAD EAST LANSING, MI 48823 |
* | $ 1,569,230,000 | 7 | $ 611,000 |
| ING BANK, FSB 1 SOUTH ORANGE STREET WILMINGTON, DE 19801 |
* | $ 82,416,721,000 | 7 | $ 326,000 |
| WELLS FARGO FUNDING, INC 100 N MAIN STREEET MAC D4001-063 WINSTON-SALEM, NC 27150 |
* | $ 25,457,000 | 7 | $ 938,000 |
| US BANK, N.A. 777 EAST WISCONSIN AVE MILWAUKEE, WI 53202 |
* | $ 261,775,591,000 | 7 | $ 708,000 |
| THE HUNTINGTON NATIONAL BANK 7575 HUNTINGTON PARK DR COLUMBUS, OH 43235 |
* | $ 53,586,626,000 | 7 | $ 807,000 |
| HFC COMPANY LLC 26525 NORTH RIVERWOODS BLVD. METTAWA, IL 60045 |
* | $ 15,000,000 | 7 | $ 621,000 |
| MIDFIRST BANK 501 NW GRAND BLVD. OKLAHOMA CITY, OK 73118 |
* | $ 14,649,039,000 | 6 | $ 474,000 |
| JOURNEY FEDERAL CREDIT UNION 1200 ZEEB DRIVE ST. JOHNS, MI 48879 |
* | $ 72,620,000 | 6 | $ 489,000 |
| SHORE MORTGAGE 770 S. ADAMS ROAD #300 BIRMINGHAM, MI 48009 |
* | $ 10,000,000 | 6 | $ 757,000 |
| LAFCU 106 N MARKETPLACE BLVD LANSING, MI 48917 |
* | $ 479,688,000 | 5 | $ 256,000 |
| WILDFIRE CREDIT UNION 6640 BAY RD SAGINAW, MI 48604 |
* | $ 454,334,000 | 4 | $ 214,000 |
| NUUNION CREDIT UNION 501 S CAPITOL LANSING, MI 48933 |
* | $ 802,008,000 | 4 | $ 211,000 |
| WANIGAS CREDIT UNION 4026 SHATTUCK RD SAGINAW, MI 48603 |
* | $ 232,023,000 | 4 | $ 453,000 |
| MICHIGAN ONE COMMUNITY CREDIT UNION 510 S DEXTER ST. IONIA, MI 48846 |
* | $ 55,001,000 | 4 | $ 406,000 |
| PHH MORTGAGE CORPORATION 1 MORTGAGE WAY MT LAUREL, NJ 08054 |
* | $ 31,000,000 | 4 | $ 739,000 |
| RESIDENTIAL FINANCE CORP. 401 N. FRONT STREET, SUITE 300 COLUMBUS, OH 43215 |
* | $ 17,533,484,000 | 3 | $ 400,000 |
| INDEPENDENT BANK 4200 EAST BELTLINE GRAND RAPIDS, MI 49525 |
* | $ 2,953,214,000 | 3 | $ 802,000 |
| CAPITAL ONE NA 11130 INDUSTRIALPLEX BLVD BATON ROUGE, LA 70809 |
* | $ 115,142,306,000 | 3 | $ 25,000 |
| US BANK NORTH DAKOTA 777 EAST WISCONSIN AVE MILWAUKEE, WI 53202 |
* | $ 4,858,594,000 | 3 | $ 449,000 |
| METLIFE BANK, N.A. 334 MADISON AVENUE CONVENT STATION, NJ 07961 |
* | $ 10,273,647,000 | 2 | $ 159,000 |
| SOUTH CENTRAL BANK, NATIONAL ASSOCIATION 525 W ROOSEVELT RD CHICAGO, IL 60607 |
* | $ 213,972,000 | 2 | $ 27,000 |
| ACCESS NATIONAL MORTGAGE CORP 1800 ROBERT FULTON DR, SUITE 350 RESTON, VA 20191 |
* | $ 10,000,000 | 2 | $ 270,000 |
| KEYBANK NATIONAL ASSOCIATION 100 PUBLIC SQUARE STE 600 OH-01-10-06006 CLEVELAND, OH 44113 |
* | $ 101,868,610,000 | 2 | $ 114,000 |
| PRIMELENDING, A PLAINSCAPITAL COMPANY 18111 PRESTON ROAD SUITE 900 DALLAS, TX 75252 |
* | $ 3,930,807,000 | 2 | $ 118,000 |
| ONEWEST BANK, FSB 888 EAST WALNUT ST PASADENA, CA 91101 |
* | $ 36,000,000,000 | 2 | $ 270,000 |
| FIRST PLACE BANK 185 EAST MARKET WARREN, OH 44481 |
* | $ 3,311,463,000 | 2 | $ 616,000 |
| EVERBANK 8100 NATIONS WAY JACKSONVILLE, FL 32256 |
* | $ 7,047,356,000 | 2 | $ 272,000 |
| NPB MORTGAGE LLC 3333 DEPOSIT DRIVE NE GRAND RAPIDS, MI 49546 |
* | $ 145,000,000 | 2 | $ 218,000 |
| FIRSTBANK - ST JOHNS 201 N CLINTON AVE ST JOHNS, MI 48879 |
* | $ 86,329,000 | 2 | $ 61,000 |
| AMERISAVE MORTGAGE CORPORATION 3525 PIEDMONT RD NE, 8 PIEDMONT CTR STE ATLANTA, GA 30305 |
* | $ 8,994,122,000 | 2 | $ 254,000 |
| NEWREZ LLC 4000 CHEMICAL ROAD SUITE 200 PLYMOUTH MEETING, PA 19462 |
* | $ 10,000,000 | 2 | $ 190,000 |
| LSI MORTGAGE PLUS 6470 E JOHNS CROSSING STE 400 DULUTH, GA 30097 |
* | $ 1,704,000 | 2 | $ 220,000 |
| TAYLOR, BEAN & WHITAKER 315 NE 14TH STREET OCALA, FL 34470 |
* | $ 10,000,000 | 2 | $ 183,000 |
| NATIONSTAR MORTGAGE LLC 8950 CYPRESS WATERS BLVD. COPPELL, TX 75019 |
* | $ 10,000,000 | 2 | $ 520,000 |
| FREEDOM MORTGAGE CORP. 10500 KINCAID DR. STE. 300 FISHERS, IN 46037 |
* | $ 10,000,000 | 2 | $ 266,000 |
| NATIONWIDE MORTGAGE CONCEPTS, 40380 DESERT CREEK LANE RANCHO MIRAGE, CA 92270 |
* | $ 10,000,000 | 2 | $ 269,000 |
| SECURITY ATLANTIC WHOLESALE 499 THORNALL ST, SUITE 220 EDISON, NJ 08837 |
* | $ 10,000,000 | 2 | $ 252,000 |
| PLATINUM HOME MORTGAGE CORPORATION 2200 HICKS RD, STE 101 ROLLING MEADOWS, IL 60008 |
* | $ 10,000,000 | 2 | $ 335,000 |
| W. J. BRADLEY MORTGAGE CAPITAL 6465 GREENWOOD PLAZA BLVD, SUITE 500 CENTENNIAL, CO 80111 |
* | $ 10,000,000 | 2 | $ 213,000 |
| HOMEPLUS FINANCE CORPORATION 2143 S. SEPULVEDA BLVD LOS ANGELES, CA 90025 |
* | $ 40,000,000 | 2 | $ 17,000 |
| IFREEDOM DIRECT CORPORATION 124 N. CHARLES LINDBERGH DRIVE SLC, UT 84116 |
* | $ 10,000,000 | 1 | $ 86,000 |
| BIRMINGHAM BANCORP MORTGAGE 6230 ORCHARD LAKE ROAD WEST BLOOMFIELD, MI 48322 |
* | $ 10,000,000 | 1 | $ 71,000 |
| FIRST GUARANTY MORTGAGE CORPORATION 1900 GALLOWS ROAD, SUITE 800 TYSONS CORNER, VA 22182 |
* | $ 10,000,000 | 1 | $ 97,000 |
| NATIONWIDE ADVANTAGE MORTGAGE 1100 LOCUST ST DES MOINES, IA 50391 |
* | $ 31,000,000 | 1 | $ 132,000 |
| INLANTA MORTGAGE, INC. W239 N3490 PEWAUKEE ROAD, STE.200 PEWAUKEE, WI 53072 |
* | $ 39,000,000 | 1 | $ 146,000 |
| TOWNE MORTGAGE COMPANY 2170 E. BIG BEAVER ROAD, SUITE A TROY, MI 48083 |
* | $ 10,000,000 | 1 | $ 149,000 |
| TRANEX FINANCIAL INC. 26200 AMERICAN DRIVE SOUTHFIELD, MI 48034 |
* | $ 10,000,000 | 1 | $ 224,000 |
| RUOFF MORTGAGE COMPANY, INC. 1700 MAGNAVOX WAY SUITE 220 FORT WAYNE, IN 46804 |
* | $ 10,000,000 | 1 | $ 117,000 |
| GUARDIAN MORTGAGE COMPANY, INC 100 N. CENTRAL EXPRESSWAY SUITE 190 RICHARDSON, TX 75083 |
* | $ 10,000,000 | 1 | $ 152,000 |
| PHH HOME LOANS, LLC 1 MORTGAGE WAY 2ND FLOOR MT LAUREL, NJ 08054 |
* | $ 4,597,939,000 | 1 | $ 115,000 |
| ENVOY MORTGAGE, LTD 5100 WESTHEIMER RD, STE 320 HOUSTON, TX 77056 |
* | $ 10,000,000 | 1 | $ 90,000 |
| D & R MORTGAGE CORP 29870 MIDDLEBELT ROAD FARMINGTON HILLS, MI 48334 |
* | $ 10,000,000 | 1 | $ 118,000 |
| LAKE MICHIGAN CREDIT UNION PO BOX 2848 GRAND RAPIDS, MI 49501 |
* | $ 1,488,726,000 | 1 | $ 264,000 |
| ADVENTURE CREDIT UNION 630 32ND ST SE GRAND RAPIDS, MI 49548 |
* | $ 237,779,000 | 1 | $ 9,000 |
| CONSUMERS PROFESSIONAL CREDIT UNION 525 W WILLOW STREET LANSING, MI 48906 |
* | $ 69,735,000 | 1 | $ 5,000 |
| CREDIT HUMAN FEDERAL CREDIT UNION 6061 IH 10 WEST SAN ANTONIO, TX 78201 |
* | $ 2,677,931,000 | 1 | $ 31,000 |
| SUMMIT COMMUNITY BANK 1600 ABBOT RD EAST LANSING, MI 48823 |
* | $ 170,293,000 | 1 | $ 122,000 |
| CENTIER BANK 600 E 84TH AVENUE MERRILLVILLE, IN 46410 |
* | $ 1,959,803,000 | 1 | $ 74,000 |
| FIRSTBANK - WEST MICHIGAN 302 W MAIN ST IONIA, MI 48846 |
* | $ 217,647,000 | 1 | $ 29,000 |
| COMMUNITY STATE BANK PO BOX 469 BIRCH RUN, MI 48415 |
* | $ 186,958,000 | 1 | $ 52,000 |
| BANK OF ANN ARBOR 1333 W ANN ARBOR ROAD PLYMOUTH, MI 48185 |
* | $ 489,167,000 | 1 | $ 220,000 |
| GATEWAY BANK, FSB 2336 MERCED STREET SAN LEANDRO, CA 94577 |
* | $ 479,176,000 | 1 | $ 114,000 |
| WACHOVIA MORTGAGE FSB TONYA YOUNG 100 N MAIN ST MAC D4001-063 WINSTON-SALEM, NC 27101 |
* | $ 69,166,325,000 | 1 | $ 124,000 |
| ADMIRALS BANK FORMER DOMESTIC 815 RESERVOIR AVE CRANSTON, RI 02910 |
* | $ 248,819,000 | 1 | $ 15,000 |
| FIRST STATE MORTGAGE SERVICES, LLC 502 N HERSHEY ROAD BLOOMINGTON, IL 61704 |
* | $ 327,995,000 | 1 | $ 63,000 |
| WOLVERINE BANK FSB 5710 EASTMAN AVE MIDLAND, MI 48640 |
* | $ 318,836,000 | 1 | $ 207,000 |
| HOME SAVINGS OF AMERICA 35 E BROADWAY LITTLE FALLS, MN 56345 |
* | $ 427,899,000 | 1 | $ 127,000 |
| EATON FEDERAL SAVINGS BANK 236 SOUTH COCHRAN CHARLOTTE, MI 48813 |
* | $ 315,510,000 | 1 | $ 372,000 |
| STATE FARM BANK 1 STATE FARM PLAZA BLOOMINGTON, IL 61710 |
* | $ 16,669,297,000 | 1 | $ 37,000 |
| COMMUNITY FIRST BANK 3725 OLD COURT ROAD BALTIMORE, MD 21208 |
* | $ 62,318,000 | 1 | $ 151,000 |
| CHARLES SCHWAB BANK 211 MAIN STREET SAN FRANCISCO, CA 94105 |
* | $ 25,365,108,000 | 1 | $ 128,000 |
| FME FEDERAL CREDIT UNION 29624 HARPER ST CLAIR SHORES, MI 48082 |
* | $ 64,438,000 | 1 | $ 70,000 |
| NFCU 820 FOLLIN LANE VIENNA, VA 22180 |
* | $ 36,351,625,000 | 1 | $ 72,000 |
| UNITED 2807 SOUTH STATE ST SAINT JOSEPH, MI 49085 |
* | $ 842,552,000 | 1 | $ 78,000 |
| DFCU FINANCIAL 400 TOWN CENTER DRIVE DEARBORN, MI 48126 |
* | $ 2,140,880,000 | 1 | $ 100,000 |
| EVERENCE FEDERAL CREDIT UNION 2160 LINCOLN HWY E, STE 20 LANCASTER, PA 17602 |
* | $ 90,498,000 | 1 | $ 112,000 |
| THE DART BANK 368 S. PARK ST. MASON, MI 48854 |
* | $ 266,772,000 | 1 | $ 412,000 |
| DISCOVER BANK 502 EAST MARKET STREET GREENWOOD, DE 19950 |
* | $ 36,276,270,000 | 1 | $ 10,000 |
| EQUIFIRST CORPORATION 13000 S TRYON ST, STE F, PMB 317 CHARLOTTE, NC 28278 |
* | $ 279,777,049,000 | 1 | $ 65,000 |
| BYRON BANK 2445 84TH STREET SW BYRON CENTER, MI 49316 |
* | $ 837,948,000 | 1 | $ 48,000 |
| SUNTRUST MORTGAGE, INC 901 SEMMES AVENUE RICHMOND, VA 23224 |
* | $ 185,098,787,000 | 1 | $ 220,000 |
| BENEFICIAL COMPANY LLC 26525 NORTH RIVERWOODS BLVD. METTAWA, IL 60045 |
* | $ 4,017,643,000 | 1 | $ 65,000 |
| AMERA MORTGAGE CORPORATION 1050 CORPORATE OFFICE DR #200 MILFORD, MI 48381 |
* | $ 1,300,000,000 | 1 | $ 130,000 |
| THUMB NATIONAL BANK AND TRUST COMPANY 7254 MICHIGAN AVE., P.O. BOX 560 PIGEON, MI 48755 |
* | $ 216,508,000 | 1 | $ 80,000 |
| M&T BANK 1 M&T PLAZA -15TH FLOOR BUFFALO, NY 14203 |
* | $ 64,824,244,000 | 1 | $ 62,000 |
| RBS CITIZENS, N.A. ONE CITIZENS PLAZA PROVIDENCE, RI 02903 |
* | $ 129,725,957,000 | 1 | $ 10,000 |
| MERRILL LYNCH CREDIT CORP 4500 PARK GRANADA CA7-910-01-24 CALABASAS, CA 91302 |
* | $ 2,223,299,000 | 1 | $ 233,000 |
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 Gratiot 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 | 1,258 | $131,444,000 | $104,000 | $945,000 | $60,000 | $931,000 |
| Home Purchase | 417 | $30,267,000 | $72,000 | $402,000 | $41,000 | $656,000 |
| Home Improvement | 117 | $3,931,000 | $33,000 | $250,000 | $68,000 | $1,226,000 |
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 | 1,501 | $136,534,000 | $90,000 | $800,000 | $57,000 | $931,000 |
| Not applicable | 132 | $14,178,000 | $107,000 | $945,000 | $21,000 | $116,000 |
| Not Provided | 109 | $10,073,000 | $92,000 | $300,000 | $75,000 | $1,226,000 |
| Hispanic | 34 | $3,280,000 | $96,000 | $295,000 | $50,000 | $304,000 |
| American Indian or Alaskan Native | 9 | $910,000 | $101,000 | $198,000 | $172,000 | $475,000 |
| Asian | 5 | $634,000 | $126,000 | $198,000 | $79,000 | $130,000 |
| Black or African American | 2 | $33,000 | $16,000 | $18,000 | $20,000 | $40,000 |
| 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) | 1,351 | $123,214,000 | $91,000 | $945,000 | $64,000 | $1,226,000 |
| FHA-insured (Federal Housing Administration) | 314 | $32,074,000 | $102,000 | $234,000 | $32,000 | $162,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) | 104 | $7,396,000 | $71,000 | $170,000 | $28,000 | $74,000 |
| VA-guaranteed (Veterans Administration) | 23 | $2,958,000 | $128,000 | $227,000 | $34,000 | $114,000 |
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 | 917 | $83,871,000 | $91,000 | $945,000 | $64,000 | $859,000 |
| Application Denied By Financial Institution | 379 | $33,244,000 | $87,000 | $800,000 | $57,000 | $1,226,000 |
| Loan Purchased By The Institution | 226 | $22,860,000 | $101,000 | $383,000 | $23,000 | $188,000 |
| Application Approved But Not Accepted | 135 | $12,743,000 | $94,000 | $295,000 | $63,000 | $340,000 |
| Application Withdrawn By Applicant | 118 | $11,448,000 | $97,000 | $305,000 | $52,000 | $602,000 |
| File Closed For Incompleteness | 17 | $1,476,000 | $86,000 | $157,000 | $48,000 | $104,000 |
| 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 | 52 | $4,080,000 | $78,000 | $215,000 | $67,000 | $1,226,000 |
| Collateral | 44 | $4,943,000 | $112,000 | $290,000 | $80,000 | $721,000 |
| Debt-To-Income Ratio | 28 | $2,958,000 | $105,000 | $300,000 | $40,000 | $92,000 |
| Other | 16 | $1,686,000 | $105,000 | $244,000 | $66,000 | $196,000 |
| Credit Application Incomplete | 7 | $760,000 | $108,000 | $220,000 | $50,000 | $115,000 |
| Unverifiable Information | 5 | $544,000 | $108,000 | $135,000 | $48,000 | $76,000 |
| Insufficient Cash (Downpayment, Closing Cost) | 4 | $410,000 | $102,000 | $130,000 | $55,000 | $114,000 |
| Employment History | 2 | $51,000 | $25,000 | $41,000 | $17,000 | $27,000 |
| 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.