Gratiot County MI
Mortgage Loan Application
Totals and Details
for 2017

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 1,173
Total Mortgage Loan Application Amount $115,073,000
Average Mortgage Loan Application Amount $98,000
Highest Mortgage Loan Application Amount $1,901,000
Average Applicant Income $57,000
Highest Applicant Income $773,000

Mortgage Company List for Lending in Gratiot County MI for 2017

* 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
* $ 3,062,597,000 155 $ 13,499,000
ISABELLA BANK
139 E. BROADWAY
MT. PLEASANT, MI 48858
* $ 1,677,874,000 84 $ 12,765,000
COMMERCIAL BANK
301 N. STATE ST
ALMA, MI 48801
* $ 399,364,000 66 $ 6,858,000
CHEMICAL BANK
333 E MAIN STREET
MIDLAND, MI 48640
* $ 17,284,293,000 62 $ 5,044,000
ACADEMY MORTGAGE CORPORATION
339 WEST 13490 SOUTH
DRAPER, UT 84020
* $ -1,000 40 $ 3,436,000
FREEDOM MORTGAGE CORPORATION
10500 KINCAID DRIVE
FISHERS, IN 46037
* $ -1,000 40 $ 3,718,000
MEMBER FIRST MORTGAGE, LLC
616 44TH STREET SE
GRAND RAPIDS, MI 49548
* $ -1,000 35 $ 2,769,000
THE HUNTINGTON NATIONAL BANK
7 EASTON OVAL EA5C242
COLUMBUS, OH 43219
* $ 99,554,985,000 28 $ 2,241,000
MICHIGAN STATE UNIVERSITY FEDERAL CREDIT UNION
3777 WEST ROAD
EAST LANSING, MI 48823
* $ 3,413,046,000 27 $ 1,249,000
AMERIFIRST FINANCIAL CORPORATION
950 TRADE CENTRE WAY SUITE 400
KALAMAZOO, MI 49009
* $ -1,000 25 $ 2,027,000
UNION HOME MORTGAGE CORP.
8241 DOW CIRCLE
STRONGSVILLE, OH 44136
* $ -1,000 23 $ 2,477,000
WELLS FARGO BANK, NATIONAL ASSOCIATION
100 N MAIN STREET MAC D4001-042
WINSTON-SALEM, NC 27150
* $ 1,727,235,000,000 20 $ 2,268,000
21ST MORTGAGE CORPORATION
620 MARKET ST SUITE 100
KNOXVILLE, TN 37902
* $ -1,000 17 $ 538,000
GREENSTONE FARM CREDIT SERVICES, FLCA
3515 WEST RD
EAST LANSING, MI 48823
* $ -1,000 16 $ 4,506,000
NATIONSTAR MORTGAGE LLC
8950 CYPRESS WATERS BLVD.
COPPELL, TX 75019
* $ -1,000 15 $ 1,406,000
MEMBERS FIRST CREDIT UNION
PO BOX 2165
MIDLAND, MI 48641
* $ 390,656,000 15 $ 865,000
NEW DAY FINANCIAL, LLC
8160 MAPLE LAWN BLVD.
FULTON, MD 20759
* $ -1,000 14 $ 1,601,000
FIFTH THIRD MORTGAGE-MI, LLC
5001 KINGSLEY DRIVE MD 1MOB2W
CINCINNATI, OH 45227
* $ -1,000 12 $ 1,105,000
DOW CHEMICAL EMPLOYEES'
600 E. LYON ROAD P.O. BOX 1649
MIDLAND, MI 48641
* $ 1,528,748,000 12 $ 1,312,000
MORTGAGE CENTER L.C
29621 NORTHWESTERN HWY
SOUTHFIELD, MI 48034
* $ -1,000 12 $ 960,000
JPMORGAN CHASE BANK, NATIONAL ASSOCIATION
1111 POLARIS PARKWAY
COLUMBUS, OH 43240
* $ 2,082,803,000,000 12 $ 1,178,000
LAFCU
106 N MARKETPLACE BLVD
LANSING, MI 48917
* $ 631,997,000 12 $ 559,000
MORTGAGE RESEARCH CENTER, LLC
1400 VETERANS UNITED DR.
COLUMBIA, MO 65203
* $ -1,000 11 $ 1,408,000
PNC BANK, NATIONAL ASSOCIATION
249 FIFTH AVE. MS P1-POPP-22-2
PITTSBURGH, PA 15222
* $ 355,999,734,000 11 $ 915,000
INDEPENDENT BANK
4200 EAST BELTLINE
GRAND RAPIDS, MI 49525
* $ 2,537,351,000 11 $ 842,000
DITECH FINANCIAL LLC
1100 VIRGINIA DRIVE, SUITE 100
FORT WASHINGTON, PA 19034
* $ -1,000 10 $ 973,000
FLAGSTAR BANK, FSB
5151 CORPORATE DRIVE
TROY, MI 48098
* $ 13,980,496,000 9 $ 928,000
FIFTH THIRD MORTGAGE COMPANY
5001 KINGSLEY DRIVE MD 1MOB2W
CINCINNATI, OH 45227
* $ -1,000 9 $ 956,000
USAA FEDERAL SAVINGS BANK
10750 MCDERMOTT FREEWAY
SAN ANTONIO, TX 78288
* $ 77,760,914,000 9 $ 992,000
THE DART BANK
368 S. PARK ST.
MASON, MI 48854
* $ 378,516,000 8 $ 786,000
TOWNE MORTGAGE COMPANY
2170 E. BIG BEAVER ROAD, SUITE A
TROY, MI 48083
* $ -1,000 8 $ 786,000
AMERICAN FINANCIAL RESOURCES, INC.
9 SYLVAN WAY
PARSIPPANY, NJ 07054
* $ -1,000 8 $ 740,000
AMERIHOME MORTGAGE COMPANY, LLC
21215 BURBANK BLVD, SUITE 400
WOODLAND HILLS, CA 91367
* $ -1,000 7 $ 540,000
HOME POINT FINANCIAL CORPORATION
1194 OAK VALLEY DRIVE, SUITE 80
ANN ARBOR, MI 48108
* $ -1,000 7 $ 983,000
LOANDEPOT.COM, LLC
26642 TOWNE CENTRE DRIVE
FOOTHILL RANCH, CA 92610
* $ -1,000 7 $ 813,000
PENNYMAC LOAN SERVICES, LLC
3043 TOWNSGATE ROAD
WESTLAKE VILLAGE, CA 91361
* $ -1,000 7 $ 738,000
VAN DYK MORTGAGE CORPORATION
2449 CAMELOT CT SE
GRAND RAPIDS, MI 49546
* $ -1,000 7 $ 527,000
CALIBER HOME LOANS, INC.
1525 S. BELTLINE ROAD
COPPELL, TX 75019
* $ -1,000 6 $ 532,000
NORTHPOINTE BANK
3333 DEPOSIT DRIVE NE
GRAND RAPIDS, MI 49546
* $ 587,672,000 6 $ 649,000
MORTGAGE 1 INCORPORATED
43456 MOUND ROAD
STERLING HEIGHTS, MI 49314
* $ -1,000 6 $ 786,000
MIDFIRST BANK
501 NW GRAND BLVD
OKLAHOMA CITY, OK 73118
* $ 13,265,339,000 6 $ 402,000
CITIBANK, NATIONAL ASSOCIATION
1 COURT SQUARE,43RD FLOOR
LONG ISLAND CITY, NY 11120
* $ 1,349,581,000,000 6 $ 332,000
FIFTH THIRD BANK
38 FOUNTAIN SQUARE MD1090K1
CINCINNATI, OH 45263
* $ 139,776,168,000 6 $ 488,000
COMMUNITY FIRST
9637 N GREENVILLE RD
LAKEVIEW, MI 48850
* $ 47,301,000 5 $ 241,000
LAKE TRUST CREDIT UNION
4605 S OLD US HIGHWAY 23
BRIGHTON, MI 48114
* $ 1,775,027,000 5 $ 195,000
NATIONS LENDING CORPORATION
4 SUMMIT PARK DR STE 200
INDEPENDENCE, OH 44131
* $ -1,000 5 $ 596,000
J. VIRGIL, INC.
G3404 MILLER ROAD
FLINT, MI 48507
* $ -1,000 5 $ 469,000
LAKE MICHIGAN CREDIT UNION
PO BOX 2848
GRAND RAPIDS, MI 49501
* $ 4,823,232,000 5 $ 505,000
FIRST GUARANTY MORTGAGE CORPORATION
1900 GALLOWS ROAD, SUITE 800
TYSONS CORNER, VA 22182
* $ -1,000 5 $ 390,000
PLAZA HOME MORTGAGE, INC.
4820 EASTGATE MALL, STE 100
SAN DIEGO, CA 92121
* $ -1,000 4 $ 456,000
SIDNEY STATE BANK
3016 SIDNEY
SIDNEY, MI 48885
* $ 55,998,000 4 $ 409,000
ROYAL UNITED MORTGAGE LLC
7999 KNUE RD. STE 300
INDIANAPOLIS, IN 46250
* $ -1,000 4 $ 355,000
PRIMELENDING, A PLAINSCAPITAL COMPANY
18111 PRESTON ROAD SUITE 900
DALLAS, TX 75252
* $ -1,000 4 $ 636,000
AMERISAVE MORTGAGE CORPORATION
3525 PIEDMONT RD NE, 8 PIEDMONT CTR STE
ATLANTA, GA 30305
* $ -1,000 4 $ 408,000
FRANKLIN AMERICAN MORTGAGE COMPANY
6100 TOWER CIRCLE SUITE 600
FRANKLIN, TN 37067
* $ -1,000 4 $ 546,000
CARRINGTON MORTGAGE SERVICES, LLC
1600 SO. DOUGLASS RD, SUITES 110 & 200A
ANAHEIM, CA 92806
* $ -1,000 3 $ 238,000
CITIMORTGAGE, INC.
1 COURT SQUARE, 43RD FLOOR
LONG ISLAND CITY, NY 11120
* $ -1,000 3 $ 119,000
THE MONEY SOURCE INC.
135 MAXESS ROAD
MELVILLE, NY 11747
* $ -1,000 3 $ 479,000
LAKEVIEW LOAN SERVICING, LLC
4425 PONCE DE LEON BLVD.
CORAL GABLES, FL 33146
* $ -1,000 3 $ 324,000
JOURNEY FEDERAL CREDIT UNION
1200 ZEEB DRIVE
ST. JOHNS, MI 48879
* $ 104,680,000 3 $ 23,000
NATIONS DIRECT MORTGAGE, LLC
5 HUTTON CENTRE DRIVE, SUITE 200
SANTA ANA, CA 92707
* $ -1,000 3 $ 217,000
WANIGAS CREDIT UNION
4026 SHATTUCK RD
SAGINAW, MI 48603
* $ 326,110,000 3 $ 149,000
HOMEWARD RESIDENTIAL, INC.
16675 ADDISON ROAD
ADDISON, TX 75001
* $ -1,000 3 $ 383,000
AMERICAN PORTFOLIO MORTGAGE CORPORATION
800 E NORTHWEST HIGHWAY SUITE 821
PALATINE, IL 60074
* $ -1,000 2 $ 289,000
EATON COMMUNITY BANK
236 S. COCHRAN AVENUE, P.O. BOX 219
CHARLOTTE, MI 48813
* $ 293,604,000 2 $ 1,103,000
CHURCHILL MORTGAGE CORPORATION
761 OLD HICKORY BLVD SUITE 400
BRENTWOOD, TN 37027
* $ -1,000 2 $ 169,000
GUARANTEED RATE, INC.
3940 NORTH RAVENSWOOD AVE
CHICAGO, IL 60613
* $ -1,000 2 $ 152,000
AMERICAN ADVISORS GROUP
3800 W.CHAPMAN SUITE 300
ORANGE, CA 92868
* $ -1,000 2 $ 48,000
MB FINANCIAL BANK, NATIONAL ASSOCIATION
6111 N. RIVER ROAD
ROSEMONT, IL 60018
* $ 19,227,800,000 2 $ 147,000
AMERICAN SOUTHWEST MORTGAGE FUNDING CORP
5900 MOSTELLER DRIVE SUITE 8
OKLAHOMA CITY, OK 73112
* $ -1,000 2 $ 165,000
AMERICAN FINANCING CORPORATION
3045 S PARKER RD BUILDING B
AURORA, CO 80014
* $ -1,000 2 $ 223,000
GENISYS
2100 EXECUTIVE HILLS BLVD
AUBURN HILLS, MI 48326
* $ 2,204,471,000 2 $ 15,000
MICHIGAN ONE COMMUNITY CREDIT UNION
510 S DEXTER ST.
IONIA, MI 48846
* $ 104,780,000 2 $ 211,000
SUNTRUST BANK
P.O. BOX 4418, MAIL CODE 0663
ATLANTA, GA 30302
* $ 200,557,635,000 2 $ 55,000
CASE
4316 S PENNSYLVANIA AVE
LANSING, MI 48911
* $ 274,540,000 2 $ 350,000
IFREEDOM DIRECT CORPORATION
124 N. CHARLES LINDBERGH DRIVE
SLC, UT 84116
* $ -1,000 2 $ 199,000
PACIFIC UNION FINANCIAL, LLC
8900 FREEPORT PKWY, STE 150
IRVING, TX 75063
* $ -1,000 2 $ 167,000
THRIVENT FEDERAL CREDIT UNION
625 FOURTH AVE S
MINNEAPOLIS, MN 55415
* $ 514,606,000 2 $ 15,000
U.S. BANK NATIONAL ASSOCIATION
425 WALNUT STREET
CINCINNATI, OH 45202
* $ 441,010,095,000 2 $ 155,000
TEXAS CAPITAL BANK, NATIONAL ASSOCIATION
2000 MCKINNEY AVE SUITE 700
DALLAS, TX 75201
* $ 21,689,804,000 2 $ 344,000
HANTZ BANK
26200 AMERICAN DRIVE, 2ND FLOOR
SOUTHFIELD, MI 48034
* $ 218,345,000 2 $ 354,000
AMERICAN SOUTHWEST MORTGAGE CORP.
5900 MOSTELLER DRIVE SUITE 10
OKLAHOMA CITY, OK 73112
* $ -1,000 2 $ 330,000
HURON VALLEY FINANCIAL, INC.
2395 OAK VALLEY DRIVE, SUITE 200
ANN ARBOR, MI 48103
* $ -1,000 2 $ 245,000
RELIANCE FIRST CAPITAL, LLC
201 OLD COUNTRY ROAD SUITE 205
MELVILLE, NY 11747
* $ -1,000 2 $ 111,000
PERL MORTGAGE, INC.
2936 WEST BELMONT AVE
CHICAGO, IL 60618
* $ -1,000 2 $ 315,000
ALLIED MORTGAGE GROUP, INC.
225 E. CITY AVENUE, SUITE 102
BALA CYNWYD, PA 19004
* $ -1,000 1 $ 192,000
NAVY FEDERAL CREDIT UNION
820 FOLLIN LANE
VIENNA, VA 22180
* $ 79,775,662,000 1 $ 114,000
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP
3701 ARCO CORPORATE DR., SUITE 200
CHARLOTTE, NC 28273
* $ -1,000 1 $ 81,000
UNIVERSITY OF MICHIGAN CREDIT UNION
340 E. HURON
ANN ARBOR, MI 48104
* $ 729,310,000 1 $ 114,000
FAIRWAY INDEPENDENT MORTGAGE CORPORATION
4801 S. BILTMORE LANE
MADISON, WI 53718
* $ -1,000 1 $ 78,000
SOUTH CENTRAL BANK, NATIONAL ASSOCIATION
525 W ROOSEVELT RD
CHICAGO, IL 60607
* $ 271,694,000 1 $ 16,000
BROKER SOLUTIONS, INC.
14511 MYFORD ROAD, SUITE 100
TUSTIN, CA 92780
* $ -1,000 1 $ 39,000
AMERICAN FINANCIAL NETWORK, INC.
10 POINTE DRIVE, SUITE 330
BREA, CA 92821
* $ -1,000 1 $ 67,000
BANK OF AMERICA, NATIONAL ASSOCIATION
31303 AGOURA RD CA6-917-01-20
WESTLAKE VILLAGE, CA 91361
* $ 1,677,490,000,000 1 $ 103,000
CAPITAL ONE, NATIONAL ASSOCIATION
7933 PRESTON ROAD
PLANO, TX 75024
* $ 286,080,320,000 1 $ 35,000
CONSUMERS PROFESSIONAL CREDIT UNION
525 W WILLOW STREET
LANSING, MI 48906
* $ 73,313,000 1 $ 41,000
ELGA CREDIT UNION
2303 S. CENTER ROAD
BURTON, MI 48519
* $ 498,513,000 1 $ 28,000
THE STATE BANK
175 N LEROY ST
FENTON, MI 48430
* $ 703,070,000 1 $ 17,000
WEST MICHIGAN CREDIT UNION
1319 FRONT AVE NW
GRAND RAPIDS, MI 49504
* $ 158,743,000 1 $ 108,000
ZEAL CREDIT UNION
17250 NEWBURGH
LIVONIA, MI 48152
* $ 555,254,000 1 $ 120,000
TEAM ONE CREDIT UNION
520 HAYDEN
SAGINAW, MI 48607
* $ 491,165,000 1 $ 72,000
CBC NATIONAL BANK
1891 SOUTH 14TH STREET
FERNANDINA BEACH, FL 32034
* $ 561,134,000 1 $ 205,000
GSF MORTGAGE CORPORATION
15430 W CAPITOL DRIVE
BROOKFIELD, WI 53005
* $ -1,000 1 $ 125,000
ANGEL OAK MORTGAGE SOLUTIONS LLC
980 HAMMOND DRIVE, SUITE 850
ATLANTA, GA 30328
* $ 0 1 $ 85,000
ARK-LA-TEX FINANCIAL SERVICES, LLC.
5160 TENNYSON PKWY STE 1000
PLANO, TX 75024
* $ -1,000 1 $ 90,000
CITIZENS BANK, NATIONAL ASSOCIATION
ONE CITIZENS PLAZA
PROVIDENCE, RI 02903
* $ 116,939,799,000 1 $ 31,000
OCWEN LOAN SERVICING, LLC
1661 WORTHINGTION ROAD SUITE 100
WEST PALM BEACH, FL 33409
* $ -1,000 1 $ 189,000
PFCU
9077 CHARLOTTE HWY
PORTLAND, MI 48875
* $ 294,128,000 1 $ 35,000
LENDERLIVE NETWORK, LLC
710 S ASH
GLENDALE, CO 80246
* $ -1,000 1 $ 76,000
MANUFACTURERS AND TRADERS TRUST COMPANY
701 SENECA STREET - SUITE 330N
BUFFALO, NY 14210
* $ 122,631,667,000 1 $ 86,000
LAKE HURON CREDIT UNION
1540 TITTABAWASSEE RD
SAGINAW, MI 48604
* $ 48,440,000 1 $ 78,000
FIRST FEDERAL BANK
4705 US HWY 90 W
LAKE CITY, FL 32055
* $ 1,207,688,000 1 $ 116,000
MOVEMENT MORTGAGE, LLC
8024 CALVIN HALL ROAD
INDIAN LAND, SC 29707
* $ -1,000 1 $ 120,000
IMPAC MORTGAGE CORP.
19500 JAMBOREE RD
IRVINE, CA 92612
* $ -1,000 1 $ 102,000
COMERICA BANK
411 W LAFAYETTE BLVD
DETROIT, MI 48226
* $ 73,018,220,000 1 $ 75,000
PHH MORTGAGE CORPORATION
1 MORTGAGE WAY
MT LAUREL, NJ 08054
* $ -1,000 1 $ 75,000
PEOPLES BANK
4831 W 6TH ST
LAWRENCE, KS 66049
* $ 475,515,000 1 $ 90,000
EVERETT FINANCIAL, INC.
14801 QUORUM DRIVE, SUITE 300
DALLAS, TX 75254
* $ -1,000 1 $ 147,000
HFG HOLDINGS, LLC
888 W BIG BEAVER RD, SUITE 800
TROY, MI 48084
* $ 412,902,000 1 $ 92,000
BOKF, NATIONAL ASSOCIATION
ONE WEST 3RD, 5TH FL
TULSA, OK 74103
* $ 32,160,352,000 1 $ 153,000
GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION
100 PHOENIX DR, STE 300
ANN ARBOR, MI 48108
* $ -1,000 1 $ 63,000
HORIZON BANK
515 FRANKLIN ST
MICHIGAN CITY, IN 46360
* $ 3,133,166,000 1 $ 175,000
FIRST NATIONAL BANK OF AMERICA
241 EAST SAGINAW
EAST LANSING, MI 48823
* $ 1,121,439,000 1 $ 50,000
NBKC BANK
8320 WARD PARKWAY
KANSAS CITY, MO 64114
* $ 568,425,000 1 $ 223,000
CROSSCOUNTRY MORTGAGE, INC.
6850 MILLER RD
BRECKSVILLE, OH 44141
* $ -1,000 1 $ 64,000
CHOICEONE BANK
109 E. DIVISION ST.
SPARTA, MI 49345
* $ 603,892,000 1 $ 143,000
JOLT CREDIT UNION
6180 STATE STREET
SAGINAW, MI 48603
* $ 346,861,000 1 $ 30,000
ROUNDPOINT MORTGAGE SERVICING CORPORATION
5016 PARKWAY PLAZA BLVD, BLDGS 6 & 8
CHARLOTTE, NC 28219
* $ 0 1 $ 96,000
FINANCE OF AMERICA MORTGAGE LLC
300 WELSH ROAD BUILDING 5
HORSHAM, PA 19044
* $ -1,000 1 $ 62,000
ADMIRALS BANK
15 PARK ROW WEST
PROVIDENCE, RI 02903
* $ 392,980,000 1 $ 21,000
STATE FARM BANK, F.S.B.
1 STATE FARM PLAZA E-6
BLOOMINGTON, IL 61710
* $ 18,252,081,000 1 $ 67,000
WILDFIRE CREDIT UNION
6640 BAY RD
SAGINAW, MI 48604
* $ 729,083,000 1 $ 80,000
PACOR MORTGAGE CORP.
14930 CICERO AVE
OAK FOREST, IL 60452
* $ -1,000 1 $ 91,000
PERFORMANCE EQUITY PARTNERS, INC.
PO BOX 368
TINLEY PARK, IL 60477
* $ -1,000 1 $ 7,000
NUMARK CREDIT UNION
1654 TERRY DR; P O BOX 2729
JOLIET, IL 60434
* $ 236,585,000 1 $ 17,000

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 2017

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 596 $58,025,000 $97,000 $720,000 $51,000 $546,000
Refinancing 431 $49,522,000 $114,000 $1,901,000 $62,000 $773,000
Home Improvement 146 $7,526,000 $51,000 $288,000 $63,000 $225,000

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 927 $88,340,000 $95,000 $1,901,000 $62,000 $773,000
Not applicable 101 $15,132,000 $149,000 $1,800,000 $6,000 $176,000
Not Provided 96 $8,173,000 $85,000 $372,000 $56,000 $133,000
Hispanic 39 $2,489,000 $63,000 $128,000 $56,000 $164,000
American Indian or Alaskan Native 7 $704,000 $100,000 $180,000 $43,000 $74,000
Asian 3 $235,000 $78,000 $120,000 $24,000 $32,000
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) 736 $72,343,000 $98,000 $1,901,000 $66,000 $773,000
FHA-insured (Federal Housing Administration) 233 $21,194,000 $90,000 $280,000 $39,000 $142,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 109 $10,076,000 $92,000 $239,000 $33,000 $135,000
VA-guaranteed (Veterans Administration) 95 $11,460,000 $120,000 $299,000 $53,000 $203,000

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 692 $71,466,000 $103,000 $1,901,000 $63,000 $773,000
Application Denied By Financial Institution 213 $18,398,000 $86,000 $372,000 $57,000 $210,000
Application Withdrawn By Applicant 101 $10,066,000 $99,000 $580,000 $58,000 $298,000
Loan Purchased By The Institution 100 $9,908,000 $99,000 $286,000 $12,000 $176,000
File Closed For Incompleteness 37 $3,183,000 $86,000 $288,000 $55,000 $160,000
Application Approved But Not Accepted 30 $2,052,000 $68,000 $173,000 $47,000 $98,000
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 26 $2,474,000 $95,000 $186,000 $53,000 $130,000
Credit History 25 $1,447,000 $57,000 $201,000 $63,000 $210,000
Credit Application Incomplete 22 $2,526,000 $114,000 $372,000 $61,000 $103,000
Debt-To-Income Ratio 17 $1,675,000 $98,000 $214,000 $53,000 $135,000
Other 3 $325,000 $108,000 $181,000 $46,000 $57,000
Unverifiable Information 1 $113,000 $113,000 $113,000 $32,000 $32,000
Insufficient Cash (Downpayment, Closing Cost) 1 $97,000 $97,000 $97,000 $54,000 $54,000
Mortgage Insurance Denied 0 $0 $0 $0 $0 $0
Employment History 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