Gratiot County MI
Mortgage Loan Application
Totals and Details
for 2016
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 | 1,269 |
| Total Mortgage Loan Application Amount | $119,177,000 |
| Average Mortgage Loan Application Amount | $93,000 |
| Highest Mortgage Loan Application Amount | $1,650,000 |
| Average Applicant Income | $61,000 |
| Highest Applicant Income | $1,700,000 |
* 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 |
|---|---|---|---|---|
| MERCANTILE BANK OF MICHIGAN 310 LEONARD ST NW GRAND RAPIDS, MI 49504 |
* | $ 2,883,076,000 | 162 | $ 15,115,000 |
| COMMERCIAL BANK 301 N. STATE ST ALMA, MI 48801 |
* | $ 384,137,000 | 117 | $ 12,831,000 |
| ISABELLA BANK 139 E. BROADWAY MT. PLEASANT, MI 48858 |
* | $ 1,616,259,000 | 97 | $ 8,120,000 |
| THE HUNTINGTON NATIONAL BANK 7 EASTON OVAL EA5C242 COLUMBUS, OH 43219 |
* | $ 70,879,778,000 | 60 | $ 4,028,000 |
| CHEMICAL BANK 333 E MAIN STREET MIDLAND, MI 48640 |
* | $ 9,166,710,000 | 54 | $ 4,289,000 |
| MEMBER FIRST MORTGAGE, LLC 616 44TH STREET SE GRAND RAPIDS, MI 49548 |
* | $ 11,800,000 | 52 | $ 4,309,000 |
| LOANDEPOT.COM, LLC 26642 TOWNE CENTRE DRIVE FOOTHILL RANCH, CA 92610 |
* | $ 138,031,000 | 40 | $ 4,459,000 |
| ACADEMY MORTGAGE CORPORATION 339 WEST 13490 SOUTH DRAPER, UT 84020 |
* | $ 10,000,000 | 34 | $ 3,292,000 |
| WELLS FARGO BANK, NATIONAL ASSOCIATION 100 N MAIN STREET MAC D4001-042 WINSTON-SALEM, NC 27150 |
* | $ 1,610,580,000,000 | 30 | $ 2,919,000 |
| AMERIFIRST FINANCIAL CORPORATION 950 TRADE CENTRE WAY SUITE 400 KALAMAZOO, MI 49009 |
* | $ 10,000,000 | 30 | $ 2,488,000 |
| 21ST MORTGAGE CORPORATION 620 MARKET ST SUITE 100 KNOXVILLE, TN 37902 |
* | $ 10,000,000 | 23 | $ 673,000 |
| FREEDOM MORTGAGE CORPORATION 10500 KINCAID DRIVE FISHERS, IN 46037 |
* | $ 10,000,000 | 23 | $ 2,216,000 |
| MICHIGAN STATE UNIVERSITY FEDERAL CREDIT UNION 3777 WEST ROAD EAST LANSING, MI 48823 |
* | $ 3,034,515,000 | 23 | $ 1,322,000 |
| DITECH FINANCIAL LLC 1100 VIRGINIA DRIVE, SUITE 100 FORT WASHINGTON, PA 19034 |
* | $ 6,260,444,000 | 20 | $ 1,964,000 |
| NATIONSTAR MORTGAGE LLC 8950 CYPRESS WATERS BLVD. COPPELL, TX 75019 |
* | $ 10,000,000 | 18 | $ 1,944,000 |
| FIFTH THIRD BANK 38 FOUNTAIN SQUARE MD1090K1 CINCINNATI, OH 45263 |
* | $ 138,620,635,000 | 15 | $ 800,000 |
| PNC BANK, NATIONAL ASSOCIATION 249 FIFTH AVE. MS P1-POPP-22-2 PITTSBURGH, PA 15222 |
* | $ 348,291,098,000 | 15 | $ 1,412,000 |
| UNION HOME MORTGAGE CORP. 8241 DOW CIRCLE STRONGSVILLE, OH 44136 |
* | $ 10,000,000 | 14 | $ 1,164,000 |
| DOW CHEMICAL EMPLOYEES' 600 E. LYON ROAD P.O. BOX 1649 MIDLAND, MI 48641 |
* | $ 1,464,830,000 | 14 | $ 1,158,000 |
| GREENSTONE FARM CREDIT SERVICES, FLCA 3515 WEST RD EAST LANSING, MI 48823 |
* | $ 10,000,000 | 13 | $ 4,639,000 |
| PRIMELENDING, A PLAINSCAPITAL COMPANY 18111 PRESTON ROAD SUITE 900 DALLAS, TX 75252 |
* | $ 8,764,654,000 | 13 | $ 1,419,000 |
| JPMORGAN CHASE BANK, NATIONAL ASSOCIATION 1111 POLARIS PARKWAY COLUMBUS, OH 43240 |
* | $ 1,914,658,000,000 | 11 | $ 1,042,000 |
| FIFTH THIRD MORTGAGE, MI LLC 5001 KINGSLEY DRIVE MD 1MOB2W CINCINNATI, OH 45227 |
* | $ 48,969,000 | 11 | $ 1,216,000 |
| CASE 4316 S PENNSYLVANIA AVE LANSING, MI 48911 |
* | $ 253,857,000 | 11 | $ 261,000 |
| INDEPENDENT BANK 4200 EAST BELTLINE GRAND RAPIDS, MI 49525 |
* | $ 2,397,774,000 | 11 | $ 1,265,000 |
| MORTGAGE CENTER L.C 29621 NORTHWESTERN HWY SOUTHFIELD, MI 48034 |
* | $ 30,000,000 | 10 | $ 1,102,000 |
| JOURNEY FEDERAL CREDIT UNION 1200 ZEEB DRIVE ST. JOHNS, MI 48879 |
* | $ 100,648,000 | 8 | $ 67,000 |
| PENNYMAC LOAN SERVICES LLC 3043 TOWNSGATE ROAD WESTLAKE VILLAGE, CA 91361 |
* | $ 39,000,000 | 8 | $ 767,000 |
| TOWNE MORTGAGE COMPANY 2170 E. BIG BEAVER ROAD, SUITE A TROY, MI 48083 |
* | $ 35,475,880,000 | 8 | $ 733,000 |
| LAKE TRUST CREDIT UNION 4605 S OLD US HIGHWAY 23 BRIGHTON, MI 48114 |
* | $ 1,680,740,000 | 7 | $ 491,000 |
| NEW DAY FINANCIAL, LLC 8160 MAPLE LAWN BLVD. FULTON, MD 20759 |
* | $ 4,088,336,000 | 7 | $ 1,234,000 |
| FIFTH THIRD MORTGAGE COMPANY 5001 KINGSLEY DRIVE MD 1MOB2W CINCINNATI, OH 45227 |
* | $ 138,620,635,000 | 7 | $ 872,000 |
| LAKE MICHIGAN CREDIT UNION PO BOX 2848 GRAND RAPIDS, MI 49501 |
* | $ 4,089,397,000 | 7 | $ 875,000 |
| MORTGAGE RESEARCH CENTER, LLC 1400 VETERANS UNITED DR. COLUMBIA, MO 65203 |
* | $ 880,000,000 | 7 | $ 987,000 |
| USAA FEDERAL SAVINGS BANK 10750 MCDERMOTT FREEWAY SAN ANTONIO, TX 78288 |
* | $ 71,130,930,000 | 6 | $ 575,000 |
| CARRINGTON MORTGAGE SERVICES, LLC 1600 SO. DOUGLASS RD, SUITES 110 & 200A ANAHEIM, CA 92806 |
* | $ 945,758,000 | 6 | $ 562,000 |
| AMERICAN FINANCIAL RESOURCES, INC. 9 SYLVAN WAY PARSIPPANY, NJ 07054 |
* | $ 10,000,000 | 6 | $ 646,000 |
| NEIGHBORHOOD MORTGAGE SOLUTION PO BOX 209 544 N MAIN ST FRANKENMUTH, MI 48734 |
* | $ 77,551,000 | 6 | $ 527,000 |
| FLAGSTAR BANK, FSB 5151 CORPORATE DRIVE TROY, MI 48098 |
* | $ 13,649,486,000 | 6 | $ 543,000 |
| FIRSTMERIT BANK NA III CASCADE PLAZA - CAS46 AKRON, OH 44308 |
* | $ 25,520,808,000 | 6 | $ 1,542,000 |
| AMERISAVE MORTGAGE CORPORATION 3525 PIEDMONT RD NE, 8 PIEDMONT CTR STE ATLANTA, GA 30305 |
* | $ 8,994,122,000 | 5 | $ 396,000 |
| MEMBERS FIRST CREDIT UNION PO BOX 2165 MIDLAND, MI 48641 |
* | $ 370,414,000 | 5 | $ 162,000 |
| PACIFIC UNION FINANCIAL, LLC 8900 FREEPORT PKWY, STE 150 IRVING, TX 75063 |
* | $ 40,000,000 | 5 | $ 609,000 |
| MORTGAGE 1 INCORPORATED 43456 MOUND ROAD STERLING HEIGHTS, MI 49314 |
* | $ 9,135,000 | 5 | $ 363,000 |
| WANIGAS CREDIT UNION 4026 SHATTUCK RD SAGINAW, MI 48603 |
* | $ 306,566,000 | 5 | $ 593,000 |
| TIAA, FSB 501 RIVERSIDE AVENUE JACKSONVILLE, FL 32202 |
* | $ 26,594,410,000 | 5 | $ 219,000 |
| STATE FARM BANK, F.S.B. 1 STATE FARM PLAZA E-6 BLOOMINGTON, IL 61710 |
* | $ 16,709,556,000 | 4 | $ 353,000 |
| JOLT CREDIT UNION 6180 STATE STREET SAGINAW, MI 48603 |
* | $ 336,981,000 | 4 | $ 21,000 |
| LAFCU 106 N MARKETPLACE BLVD LANSING, MI 48917 |
* | $ 600,628,000 | 4 | $ 129,000 |
| BANK OF AMERICA, NATIONAL ASSOCIATION 31303 AGOURA RD CA6-917-01-20 WESTLAKE VILLAGE, CA 91361 |
* | $ 1,639,305,000,000 | 4 | $ 346,000 |
| U.S. BANK NATIONAL ASSOCIATION 425 WALNUT STREET CINCINNATI, OH 45202 |
* | $ 417,458,234,000 | 4 | $ 598,000 |
| NORTHPOINTE BANK 3333 DEPOSIT DRIVE NE GRAND RAPIDS, MI 49546 |
* | $ 459,125,000 | 4 | $ 494,000 |
| FIRST GUARANTY MORTGAGE CORPORATION 1900 GALLOWS ROAD, SUITE 800 TYSONS CORNER, VA 22182 |
* | $ 10,000,000 | 4 | $ 305,000 |
| UNITED SHORE FINANCIAL SERVICES, LLC 1414 EAST MAPLE ROAD TROY, MI 48083 |
* | $ 10,000,000 | 4 | $ 471,000 |
| CAPITAL ONE, NATIONAL ASSOCIATION 7933 PRESTON ROAD PLANO, TX 75024 |
* | $ 273,231,606,000 | 3 | $ 405,000 |
| ROYAL UNITED MORTGAGE LLC 7999 KNUE RD. STE 300 INDIANAPOLIS, IN 46250 |
* | $ 1,000,000,000 | 3 | $ 277,000 |
| RELIANCE FIRST CAPITAL, LLC 201 OLD COUNTRY ROAD SUITE 205 MELVILLE, NY 11747 |
* | $ 100,000,000 | 3 | $ 442,000 |
| AMERICAN ADVISORS GROUP 3800 W.CHAPMAN SUITE 300 ORANGE, CA 92868 |
* | $ 100,247,000 | 3 | $ 146,000 |
| EMBRACE HOME LOANS, INC. 25 ENTERPRISE CENTER MIDDLETOWN, RI 02842 |
* | $ 10,000,000 | 3 | $ 281,000 |
| CROSSCOUNTRY MORTGAGE, INC. 6850 MILLER RD BRECKSVILLE, OH 44141 |
* | $ 10,000,000 | 3 | $ 196,000 |
| CHURCHILL MORTGAGE CORPORATION 761 OLD HICKORY BLVD SUITE 400 BRENTWOOD, TN 37027 |
* | $ 10,000,000 | 3 | $ 480,000 |
| SIDNEY STATE BANK 3016 SIDNEY SIDNEY, MI 48885 |
* | $ 53,753,000 | 3 | $ 307,000 |
| CONSUMERS PO BOX 525 OSHTEMO, MI 49077 |
* | $ 674,549,000 | 3 | $ 17,000 |
| PREFERRED CREDIT UNION 3767 SPARKS DR SE GRAND RAPIDS, MI 49546 |
* | $ 162,437,000 | 3 | $ 65,000 |
| AMERIHOME MORTGAGE COMPANY, LLC 21215 BURBANK BLVD, SUITE 400 WOODLAND HILLS, CA 91367 |
* | $ 10,000,000 | 3 | $ 268,000 |
| CITIZENS BANK, NATIONAL ASSOCIATION ONE CITIZENS PLAZA PROVIDENCE, RI 02903 |
* | $ 108,064,717,000 | 3 | $ 115,000 |
| THE DART BANK 368 S. PARK ST. MASON, MI 48854 |
* | $ 323,033,000 | 2 | $ 243,000 |
| FIRSTMERIT MORTGAGE CORP 4455 HILLS AND DALES RD. NW - MTG80 CANTON, OH 44708 |
* | $ 6,000,000,000 | 2 | $ 160,000 |
| MICHIGAN ONE COMMUNITY CREDIT UNION 510 S DEXTER ST. IONIA, MI 48846 |
* | $ 97,352,000 | 2 | $ 88,000 |
| NAVY FEDERAL CREDIT UNION 820 FOLLIN LANE VIENNA, VA 22180 |
* | $ 73,279,079,000 | 2 | $ 178,000 |
| SUNTRUST BANK P.O. BOX 4418, MAIL CODE 0663 ATLANTA, GA 30302 |
* | $ 186,710,993,000 | 2 | $ 14,000 |
| PEOPLES BANK 4831 W 6TH ST LAWRENCE, KS 66049 |
* | $ 451,930,000 | 2 | $ 254,000 |
| HOMEWARD RESIDENTIAL, INC. 16675 ADDISON ROAD ADDISON, TX 75001 |
* | $ 3,809,880,000 | 2 | $ 240,000 |
| GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION 100 PHOENIX DR, STE 300 ANN ARBOR, MI 48108 |
* | $ 10,000,000 | 2 | $ 122,000 |
| 1ST ALLIANCE LENDING, LLC 111 FOUNDERS PLAZA, SUITE 1300 EAST HARTFORD, CT 06108 |
* | $ 3,285,000 | 2 | $ 167,000 |
| TOP FLITE FINANCIAL, INC. 123 E GRAND RIVER AVE WILLIAMSTON, MI 48895 |
* | $ 40,394,000 | 2 | $ 170,000 |
| CALIBER HOME LOANS, INC. 1525 S. BELTLINE ROAD COPPELL, TX 75019 |
* | $ 1,543,699,000 | 2 | $ 191,000 |
| VILLAGE CAPITAL & INVESTMENT LLC 2863 ST. ROSE PARKWAY HENDERSON, NV 89052 |
* | $ 11,000,000 | 2 | $ 152,000 |
| COMMUNITY STATE BANK PO BOX 469 BIRCH RUN, MI 48415 |
* | $ 195,831,000 | 2 | $ 86,000 |
| HOME POINT FINANCIAL CORPORATION 1194 OAK VALLEY DRIVE, SUITE 80 ANN ARBOR, MI 48108 |
* | $ 40,000,000 | 2 | $ 216,000 |
| PHH MORTGAGE CORPORATION 1 MORTGAGE WAY MT LAUREL, NJ 08054 |
* | $ 31,000,000 | 2 | $ 232,000 |
| UNITED FINANCIAL CREDIT UNION 4685 STATE ST. SAGINAW, MI 48603 |
* | $ 185,895,000 | 2 | $ 91,000 |
| CITIBANK, NATIONAL ASSOCIATION 1 COURT SQUARE,43RD FLOOR LONG ISLAND CITY, NY 11120 |
* | $ 1,299,801,000,000 | 2 | $ 146,000 |
| GUARANTEED RATE, INC. 3940 NORTH RAVENSWOOD AVE CHICAGO, IL 60613 |
* | $ 10,000,000 | 2 | $ 139,000 |
| BANK OF ENGLAND PO BOX 70 ENGLAND, AR 72046 |
* | $ 318,361,000 | 2 | $ 227,000 |
| UNITED BANK OF MICHIGAN 900 EAST PARIS AVE SE GRAND RAPIDS, MI 49546 |
* | $ 524,123,000 | 1 | $ 298,000 |
| CENTIER BANK 600 E 84TH AVENUE MERRILLVILLE, IN 46410 |
* | $ 3,128,427,000 | 1 | $ 29,000 |
| OLD NATIONAL BANK ONE MAIN STREET EVANSVILLE, IN 47708 |
* | $ 11,846,211,000 | 1 | $ 89,000 |
| FIRST NATIONAL BANK OF AMERICA 241 EAST SAGINAW EAST LANSING, MI 48823 |
* | $ 822,669,000 | 1 | $ 40,000 |
| CHERRY CREEK MORTGAGE, LLC 7600 E ORCHARD ROAD, SUITE 250 -N GREENWOOD VILLAGE, CO 80111 |
* | $ 10,000,000 | 1 | $ 61,000 |
| FRANKENMUTH CREDIT UNION 580 N. MAIN ST., PO BOX 209 FRANKENMUTH, MI 48734 |
* | $ 410,754,000 | 1 | $ 56,000 |
| ELGA CREDIT UNION 2303 S. CENTER ROAD BURTON, MI 48519 |
* | $ 438,084,000 | 1 | $ 147,000 |
| T&I CREDIT UNION 600 N MAIN ST CLAWSON, MI 48017 |
* | $ 71,436,000 | 1 | $ 148,000 |
| STONEGATE MORTGAGE CORPORATION 9190 PRIORITY WAY WEST DRIVE INDIANAPOLIS, IN 46240 |
* | $ 10,000,000 | 1 | $ 119,000 |
| MID AMERICA MORTGAGE, INC. 15301 SPECTRUM DRIVE, SUITE 405 ADDISON, TX 75001 |
* | $ 11,000,000 | 1 | $ 87,000 |
| BLG HOLDINGS, INC. 2353 S. LINDEN RD. SUITE A FLINT, MI 48532 |
* | $ 1,781,000 | 1 | $ 119,000 |
| STAUNTON FINANCIAL, INC. 25800 NORTHWESTERN HIGHWAY SUITE 110 SOUTHFIELD, MI 48075 |
* | $ 10,000,000 | 1 | $ 138,000 |
| THE MONEY SOURCE INC. 135 MAXESS ROAD MELVILLE, NY 11747 |
* | $ 10,000,000 | 1 | $ 127,000 |
| BROKER SOLUTIONS, INC. 14511 MYFORD ROAD, SUITE 100 TUSTIN, CA 92780 |
* | $ 10,000,000 | 1 | $ 50,000 |
| SUCCESS MORTGAGE PARTNERS, INC. 1200 S. SHELDON RD. PLYMOUTH, MI 48170 |
* | $ 1,912,000 | 1 | $ 86,000 |
| BBMC MORTGAGE, LLC 100 W. 22ND ST LOMBARD, IL 60148 |
* | $ 149,000,000 | 1 | $ 115,000 |
| ASPIRE FINANCIAL, INC. 4100 ALPHA ROAD SUITE 400 DALLAS, TX 75244 |
* | $ 10,000,000 | 1 | $ 109,000 |
| FINANCE OF AMERICA MORTGAGE LLC 300 WELSH ROAD BUILDING 5 HORSHAM, PA 19044 |
* | $ 10,000,000 | 1 | $ 230,000 |
| PHH HOME LOANS, LLC 1 MORTGAGE WAY 2ND FLOOR MT LAUREL, NJ 08054 |
* | $ 4,597,939,000 | 1 | $ 68,000 |
| ARK-LA-TEX FINANCIAL SERVICES, LLC. 5160 TENNYSON PKWY STE 1000 PLANO, TX 75024 |
* | $ 10,000,000 | 1 | $ 128,000 |
| NATIONS LENDING CORPORATION 4 SUMMIT PARK DR STE 200 INDEPENDENCE, OH 44131 |
* | $ 4,410,000 | 1 | $ 182,000 |
| HOMEBRIDGE FINANCIAL SERVICES, INC. 194 WOOD AVE S, 9TH FLOOR ISELIN, NJ 08830 |
* | $ 10,000,000 | 1 | $ 197,000 |
| IFREEDOM DIRECT CORPORATION 124 N. CHARLES LINDBERGH DRIVE SLC, UT 84116 |
* | $ 10,000,000 | 1 | $ 102,000 |
| TRI-COUNTY BANK 4222 MAIN STREET BROWN CITY, MI 48416 |
* | $ 245,968,000 | 1 | $ 398,000 |
| CONSUMERS PROFESSIONAL CREDIT UNION 525 W WILLOW STREET LANSING, MI 48906 |
* | $ 72,911,000 | 1 | $ 45,000 |
| SECURITY CREDIT UNION 5255 SECURITY PARK BLVD HOLLY, MI 48442 |
* | $ 406,373,000 | 1 | $ 69,000 |
| CHOICEONE BANK 109 E. DIVISION ST. SPARTA, MI 49345 |
* | $ 565,408,000 | 1 | $ 286,000 |
| FRANKLIN AMERICAN MORTGAGE COMPANY 6100 TOWER CIRCLE SUITE 600 FRANKLIN, TN 37067 |
* | $ 10,000,000 | 1 | $ 95,000 |
| BARRINGTON BANK & TRUST COMPANY, N.A. 201 S. HOUGH STREET BARRINGTON, IL 60010 |
* | $ 1,949,868,000 | 1 | $ 94,000 |
| RIVER VALLEY CREDIT UNION PO BOX 493 ADA, MI 49301 |
* | $ 84,842,000 | 1 | $ 60,000 |
| TEAM ONE CREDIT UNION 520 HAYDEN SAGINAW, MI 48607 |
* | $ 451,767,000 | 1 | $ 179,000 |
| PFCU 9077 CHARLOTTE HWY PORTLAND, MI 48875 |
* | $ 277,047,000 | 1 | $ 29,000 |
| TALMER B&TC 2301 W BIG BEAVER RD TROY, MI 48084 |
* | $ 6,586,459,000 | 1 | $ 251,000 |
| GUARDIAN MORTGAGE COMPANY, INC 100 N. CENTRAL EXPRESSWAY SUITE 150 RICHARDSON, TX 75083 |
* | $ 2,214,138,000 | 1 | $ 85,000 |
| HURON VALLEY FINANCIAL, INC. 2395 OAK VALLEY DRIVE, SUITE 200 ANN ARBOR, MI 48103 |
* | $ 10,000,000 | 1 | $ 100,000 |
| WOLVERINE BANK FSB 5710 EASTMAN AVE MIDLAND, MI 48640 |
* | $ 417,766,000 | 1 | $ 130,000 |
| CITIMORTGAGE, INC. 1 COURT SQUARE, 43RD FLOOR LONG ISLAND CITY, NY 11120 |
* | $ 1,019,497,000,000 | 1 | $ 246,000 |
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 2016
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 | 590 | $58,893,000 | $99,000 | $1,650,000 | $56,000 | $562,000 |
| Refinancing | 510 | $52,192,000 | $102,000 | $1,310,000 | $65,000 | $1,020,000 |
| Home Improvement | 169 | $8,092,000 | $47,000 | $834,000 | $66,000 | $1,700,000 |
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 | 1,013 | $96,367,000 | $95,000 | $1,650,000 | $64,000 | $1,700,000 |
| Not Provided | 126 | $9,620,000 | $76,000 | $238,000 | $67,000 | $1,020,000 |
| Not applicable | 76 | $9,133,000 | $120,000 | $1,310,000 | $14,000 | $102,000 |
| Hispanic | 44 | $3,028,000 | $68,000 | $226,000 | $41,000 | $102,000 |
| American Indian or Alaskan Native | 4 | $642,000 | $160,000 | $182,000 | $43,000 | $72,000 |
| Black or African American | 4 | $211,000 | $52,000 | $77,000 | $41,000 | $58,000 |
| Asian | 2 | $176,000 | $88,000 | $113,000 | $34,000 | $60,000 |
| Native Hawaiin 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) | 873 | $81,768,000 | $93,000 | $1,650,000 | $70,000 | $1,700,000 |
| FHA-insured (Federal Housing Administration) | 222 | $21,024,000 | $94,000 | $216,000 | $39,000 | $220,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) | 108 | $9,047,000 | $83,000 | $282,000 | $34,000 | $88,000 |
| VA-guaranteed (Veterans Administration) | 66 | $7,338,000 | $111,000 | $279,000 | $47,000 | $150,000 |
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 | 680 | $68,091,000 | $100,000 | $1,650,000 | $68,000 | $1,700,000 |
| Application Denied By Financial Institution | 304 | $23,905,000 | $78,000 | $580,000 | $49,000 | $220,000 |
| Application Withdrawn By Applicant | 97 | $10,034,000 | $103,000 | $302,000 | $81,000 | $1,020,000 |
| Loan Purchased By The Institution | 93 | $8,854,000 | $95,000 | $246,000 | $27,000 | $220,000 |
| Application Approved But Not Accepted | 54 | $4,864,000 | $90,000 | $275,000 | $63,000 | $161,000 |
| File Closed For Incompleteness | 41 | $3,429,000 | $83,000 | $279,000 | $56,000 | $159,000 |
| 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 | 49 | $2,851,000 | $58,000 | $282,000 | $42,000 | $153,000 |
| Collateral | 33 | $2,799,000 | $84,000 | $199,000 | $49,000 | $116,000 |
| Debt-To-Income Ratio | 20 | $1,386,000 | $69,000 | $195,000 | $48,000 | $114,000 |
| Credit Application Incomplete | 13 | $995,000 | $76,000 | $129,000 | $46,000 | $124,000 |
| Other | 6 | $286,000 | $47,000 | $68,000 | $34,000 | $60,000 |
| Employment History | 2 | $168,000 | $84,000 | $111,000 | $17,000 | $35,000 |
| Insufficient Cash (Downpayment, Closing Cost) | 2 | $266,000 | $133,000 | $182,000 | $21,000 | $43,000 |
| Mortgage Insurance Denied | 0 | $0 | $0 | $0 | $0 | $0 |
| Unverifiable Information | 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.