Iosco County MI
Mortgage Loan Application
Totals and Details
for 2014

Find mortgage statistics and lending data for the Iosco 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 Iosco 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 800
Total Mortgage Loan Application Amount $69,223,000
Average Mortgage Loan Application Amount $86,000
Highest Mortgage Loan Application Amount $417,000
Average Applicant Income $67,000
Highest Applicant Income $646,000

Mortgage Company List for Lending in Iosco 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
CHEMICAL BANK
333 E MAIN STREET
MIDLAND, MI 48640
* $ 6,176,405,000 79 $ 3,527,000
PNC BANK, NATIONAL ASSOCIATION
249 FIFTH AVE. MS P1-POPP-22-2
PITTSBURGH, PA 15222
* $ 309,999,678,000 68 $ 4,126,000
FIRSTBANK
102 S MAIN ST
MT PLEASANT, MI 48858
* $ 1,222,044,000 48 $ 4,388,000
JPMORGAN CHASE BANK, NATIONAL ASSOCIATION
1111 POLARIS PARKWAY
COLUMBUS, OH 43240
* $ 1,945,467,000,000 36 $ 2,803,000
WELLS FARGO BANK, NATIONAL ASSOCIATION
100 N MAIN STREET MAC D4001-042
WINSTON-SALEM, NC 27150
* $ 1,373,600,000,000 30 $ 2,889,000
J. VIRGIL, INC.
G3404 MILLER ROAD
FLINT, MI 48507
* $ 500,000 26 $ 2,485,000
NATIONSTAR MORTGAGE LLC
8950 CYPRESS WATERS BLVD.
COPPELL, TX 75019
* $ 10,000,000 22 $ 1,988,000
FLAGSTAR BANK, FSB
5151 CORPORATE DRIVE
TROY, MI 48098
* $ 12,648,357,000 18 $ 1,946,000
INDEPENDENT BANK
4200 EAST BELTLINE
GRAND RAPIDS, MI 49525
* $ 2,199,198,000 18 $ 1,136,000
BANK OF AMERICA, NATIONAL ASSOCIATION
31303 AGOURA RD CA6-917-01-20
WESTLAKE VILLAGE, CA 91361
* $ 1,433,716,000,000 16 $ 1,640,000
LOANDEPOT.COM, LLC
26642 TOWNE CENTRE DRIVE
FOOTHILL RANCH, CA 92610
* $ 138,031,000 15 $ 1,415,000
CITIBANK, NATIONAL ASSOCIATION
1 COURT SQUARE,43RD FLOOR
LONG ISLAND CITY, NY 11120
* $ 1,346,747,000,000 12 $ 1,159,000
MEMBER FIRST MORTGAGE, LLC
616 44TH STREET SE
GRAND RAPIDS, MI 49548
* $ 11,800,000 12 $ 763,000
WILDFIRE CREDIT UNION
6640 BAY RD
SAGINAW, MI 48604
* $ 679,412,000 12 $ 818,000
LAKE MICHIGAN CREDIT UNION
PO BOX 2848
GRAND RAPIDS, MI 49501
* $ 3,042,240,000 11 $ 1,380,000
NEW DAY FINANCIAL, LLC
8160 MAPLE LAWN BLVD.
FULTON, MD 20759
* $ 4,088,336,000 11 $ 1,660,000
U.S. BANK NATIONAL ASSOCIATION
425 WALNUT STREET
CINCINNATI, OH 45202
* $ 360,478,278,000 10 $ 973,000
STONEGATE MORTGAGE CORPORATION
9190 PRIORITY WAY WEST DRIVE
INDIANAPOLIS, IN 46240
* $ 10,000,000 9 $ 1,027,000
USAA FEDERAL SAVINGS BANK
10750 MCDERMOTT FREEWAY
SAN ANTONIO, TX 78288
* $ 62,866,954,000 8 $ 673,000
MORTGAGE RESEARCH CENTER, LLC
1400 VETERANS UNITED DR.
COLUMBIA, MO 65203
* $ 880,000,000 8 $ 838,000
MIDFIRST BANK
501 NW GRAND BLVD
OKLAHOMA CITY, OK 73118
* $ 9,596,388,000 7 $ 464,000
ROYAL UNITED MORTGAGE LLC
7999 KNUE RD. STE 300
INDIANAPOLIS, IN 46250
* $ 1,000,000,000 7 $ 502,000
FIFTH THIRD MORTGAGE, MI LLC
5001 KINGSLEY DRIVE MD 1MOB2W
CINCINNATI, OH 45227
* $ 48,969,000 6 $ 698,000
FREEDOM MORTGAGE CORPORATION
10500 KINCAID DRIVE
FISHERS, IN 46037
* $ 10,000,000 6 $ 542,000
THE HUNTINGTON NATIONAL BANK
7 EASTON OVAL EA5C242
COLUMBUS, OH 43219
* $ 59,304,805,000 6 $ 765,000
MICHIGAN STATE UNIVERSITY FEDERAL CREDIT UNION
3777 WEST ROAD
EAST LANSING, MI 48823
* $ 2,536,690,000 5 $ 584,000
FINANCIAL PLUS CREDIT UNION
G-3381 VAN SLYKE RD, P.O. BOX 7006
FLINT, MI 48507
* $ 389,622,000 5 $ 128,000
FRANKLIN AMERICAN MORTGAGE COMPANY
6100 TOWER CIRCLE SUITE 600
FRANKLIN, TN 37067
* $ 10,000,000 5 $ 479,000
STATE FARM BANK, F.S.B.
1 STATE FARM PLAZA E-6
BLOOMINGTON, IL 61710
* $ 15,766,346,000 5 $ 217,000
FIFTH THIRD MORTGAGE COMPANY
5001 KINGSLEY DRIVE MD 1MOB2W
CINCINNATI, OH 45227
* $ 127,428,329,000 5 $ 683,000
PHH MORTGAGE CORPORATION
1 MORTGAGE WAY
MT LAUREL, NJ 08054
* $ 31,000,000 5 $ 362,000
TOWNE MORTGAGE COMPANY
2170 E. BIG BEAVER ROAD, SUITE A
TROY, MI 48083
* $ 35,475,880,000 5 $ 438,000
HOMEWARD RESIDENTIAL, INC.
16675 ADDISON ROAD
ADDISON, TX 75001
* $ 3,809,880,000 5 $ 781,000
MORTGAGE CENTER L.C
29621 NORTHWESTERN HWY
SOUTHFIELD, MI 48034
* $ 30,000,000 5 $ 392,000
COPOCO COMMUNITY CREDIT UNION
4265 E WILDER RD
BAY CITY, MI 48706
* $ 100,013,000 5 $ 430,000
SECURITY CREDIT UNION
5255 SECURITY PARK BLVD
HOLLY, MI 48442
* $ 381,225,000 4 $ 294,000
MICHIGAN SCHOOLS AND GOVERNMENT
40400 GARFIELD ROAD
CLINTON TOWNSHIP, MI 48038
* $ 1,436,501,000 4 $ 245,000
FRANKENMUTH CREDIT UNION
580 N. MAIN ST., PO BOX 209
FRANKENMUTH, MI 48734
* $ 292,052,000 4 $ 388,000
AMERICAN SOUTHWEST MORTGAGE CORP.
5900 MOSTELLER DRIVE SUITE 10
OKLAHOMA CITY, OK 73112
* $ 143,000,000 4 $ 336,000
UNITED SHORE FINANCIAL SERVICES, LLC
1414 EAST MAPLE ROAD
TROY, MI 48083
* $ 10,000,000 4 $ 502,000
CITIZENS BANK, NATIONAL ASSOCIATION
ONE CITIZENS PLAZA
PROVIDENCE, RI 02903
* $ 94,716,980,000 4 $ 654,000
CITIMORTGAGE, INC.
1 COURT SQUARE, 43RD FLOOR
LONG ISLAND CITY, NY 11120
* $ 1,019,497,000,000 4 $ 317,000
NAVY FEDERAL CREDIT UNION
820 FOLLIN LANE
VIENNA, VA 22180
* $ 55,502,976,000 4 $ 226,000
SUN WEST MORTGAGE COMPANY, INC.
18000 STUDEBAKER ROAD, SUITE 200
CERRITOS, CA 90703
* $ 10,000,000 4 $ 395,000
WANIGAS CREDIT UNION
4026 SHATTUCK RD
SAGINAW, MI 48603
* $ 286,887,000 3 $ 128,000
FIFTH THIRD BANK
38 FOUNTAIN SQUARE MD1090K1
CINCINNATI, OH 45263
* $ 127,428,329,000 3 $ 184,000
TIAA, FSB
501 RIVERSIDE AVENUE
JACKSONVILLE, FL 32202
* $ 17,638,918,000 3 $ 288,000
PENNYMAC LOAN SERVICES LLC
3043 TOWNSGATE ROAD
WESTLAKE VILLAGE, CA 91361
* $ 39,000,000 3 $ 325,000
FIRSTMERIT BANK NA
III CASCADE PLAZA - CAS46
AKRON, OH 44308
* $ 23,864,142,000 3 $ 303,000
MAIN STREET BANK
31780 TELEGRAPH ROAD, SUITE 100
BINGHAM FARMS, MI 48025
* $ 159,956,000 3 $ 341,000
JOLT CREDIT UNION
6180 STATE STREET
SAGINAW, MI 48603
* $ 321,718,000 3 $ 172,000
TALMER BANK AND TRUST
2301 W. BIG BEAVER RD., SUITE 200
TROY, MI 48084
* $ 2,308,075,000 3 $ 224,000
DOW CHEMICAL EMPLOYEES'
600 E. LYON ROAD P.O. BOX 1649
MIDLAND, MI 48641
* $ 1,400,994,000 3 $ 794,000
PROFICIO BANK
6985 UNION PARK CENTER, SUITE 150
COTTONWOOD HEIGHTS, UT 84047
* $ 168,648,000 2 $ 228,000
DFCU FINANCIAL
400 TOWN CENTER DRIVE
DEARBORN, MI 48126
* $ 3,538,032,000 2 $ 282,000
EMBRACE HOME LOANS, INC.
25 ENTERPRISE CENTER
MIDDLETOWN, RI 02842
* $ 10,000,000 2 $ 136,000
UNITED FINANCIAL CREDIT UNION
4685 STATE ST.
SAGINAW, MI 48603
* $ 173,977,000 2 $ 131,000
COMMUNITY FINANCIAL CREDIT UNION
500 S HARVEY ST
PLYMOUTH, MI 48170
* $ 543,090,000 2 $ 80,000
RELIANCE FIRST CAPITAL, LLC
201 OLD COUNTRY ROAD SUITE 205
MELVILLE, NY 11747
* $ 100,000,000 2 $ 257,000
AMERICAN FINANCIAL RESOURCES, INC.
9 SYLVAN WAY
PARSIPPANY, NJ 07054
* $ 10,000,000 2 $ 103,000
CARRINGTON MORTGAGE SERVICES, LLC
1600 SO. DOUGLASS RD, SUITES 110 & 200A
ANAHEIM, CA 92806
* $ 945,758,000 2 $ 184,000
STAUNTON FINANCIAL, INC.
25800 NORTHWESTERN HIGHWAY SUITE 110
SOUTHFIELD, MI 48075
* $ 10,000,000 2 $ 85,000
DISCOVER HOME LOANS, INC
173 TECHNOLOGY DRIVE
IRVINE, CA 92618
* $ 79,339,664,000 2 $ 318,000
AMERICAN ADVISORS GROUP
3800 W.CHAPMAN SUITE 300
ORANGE, CA 92868
* $ 100,247,000 2 $ 83,000
MORGAN STANLEY PRIVATE BANK, NATIONAL ASSOCIATION
2000 WESTCHESTER AVE
PURCHASE, NY 10577
* $ 22,971,000,000 2 $ 93,000
NATIONS LENDING CORPORATION
4 SUMMIT PARK DR STE 200
INDEPENDENCE, OH 44131
* $ 4,410,000 2 $ 192,000
COMERICA BANK
411 W LAFAYETTE BLVD
DETROIT, MI 48226
* $ 65,201,888,000 2 $ 132,000
IFREEDOM DIRECT CORPORATION
124 N. CHARLES LINDBERGH DRIVE
SLC, UT 84116
* $ 10,000,000 2 $ 188,000
MICHIGAN MUTUAL, INC.
911 MILITARY STREET
PORT HURON, MI 48060
* $ 35,000,000,000 2 $ 97,000
GENISYS
2100 EXECUTIVE HILLS BLVD
AUBURN HILLS, MI 48326
* $ 1,542,707,000 2 $ 107,000
BANK OF ENGLAND
PO BOX 70
ENGLAND, AR 72046
* $ 245,863,000 2 $ 245,000
CMG MORTGAGE, INC.
3160 CROW CANYON ROAD, SUITE 400
SAN RAMON, CA 94583
* $ 100,000,000 2 $ 516,000
J.G. WENTWORTH HOME LENDING, LLC
3350 COMMISSION COURT
WOODBRIDGE, VA 22192
* $ 10,000,000 2 $ 101,000
PACIFIC UNION FINANCIAL, LLC
8900 FREEPORT PKWY, STE 150
IRVING, TX 75063
* $ 40,000,000 2 $ 193,000
FIRST GUARANTY MORTGAGE CORPORATION
1900 GALLOWS ROAD, SUITE 800
TYSONS CORNER, VA 22182
* $ 10,000,000 1 $ 162,000
UNIVERSITY LENDING GROUP, LLC
42452 HAYES, STE I
CLLINTON TOWNSHIP, MI 48038
* $ 133,851,000 1 $ 77,000
BBMC MORTGAGE, LLC
100 W. 22ND ST
LOMBARD, IL 60148
* $ 149,000,000 1 $ 235,000
FIRST COMMUNITY MORTGAGE, INC.
275 ROBERT ROSE DRIVE
MURFREESBORO, TN 37129
* $ 10,000,000 1 $ 50,000
FIRST STATE MORTGAGE SERVICES, LLC
502 N HERSHEY ROAD
BLOOMINGTON, IL 61704
* $ 327,995,000 1 $ 62,000
CITIZENS STATE BANK
13840 W. NEWBERRY RD
NEWBERRY, FL 32669
* $ 191,437,000 1 $ 4,000
THE MONEY SOURCE INC.
135 MAXESS ROAD
MELVILLE, NY 11747
* $ 10,000,000 1 $ 87,000
FIRST NATIONAL BANK OF AMERICA
241 EAST SAGINAW
EAST LANSING, MI 48823
* $ 617,585,000 1 $ 28,000
BNC NATIONAL BANK
20175 N 67TH AVENUE
GLENDALE, AZ 85308
* $ 841,451,000 1 $ 295,000
LEVEL ONE BANK
32991 HAMILTON COURT
FARMINGTON HILLS, MI 48334
* $ 618,292,000 1 $ 103,000
ANN ARBOR STATE BANK
125 W. WILLIAM STREET
ANN ARBOR, MI 48104
* $ 206,402,000 1 $ 120,000
UNITED BANK AND TRUST
2723 S STATE ST
ANN ARBOR, MI 48104
* $ 898,383,000 1 $ 104,000
EMM LOANS LLC
3 EXECUTIVE CAMPUS, SUITE 520
CHERRY HILL, NJ 08002
* $ 10,000,000 1 $ 138,000
WYNDHAM CAPITAL MORTGAGE, INC.
6115 PARK SOUTH DRIVE, STE 200
CHARLOTTE, NC 28210
* $ 10,000,000 1 $ 150,000
21ST MORTGAGE CORPORATION
620 MARKET ST SUITE 100
KNOXVILLE, TN 37902
* $ 10,000,000 1 $ 74,000
UNITED SECURITY FINANCIAL CORP
930 EAST 6600 SOUTH
MURRAY, UT 84121
* $ 10,000,000 1 $ 143,000
TOWNSTONE FINANACIAL, INC.
1141 W RANDOLPH
CHICAGO, IL 60607
* $ 10,000,000 1 $ 131,000
COLONIAL SAVINGS, F.A.
P O BOX 2988
FORT WORTH, TX 76113
* $ 943,388,000 1 $ 147,000
ISABELLA BANK
139 E. BROADWAY
MT. PLEASANT, MI 48858
* $ 1,433,762,000 1 $ 90,000
PEOPLES BANK
4831 W 6TH ST
LAWRENCE, KS 66049
* $ 439,528,000 1 $ 105,000
COLE TAYLOR BANK
9550 W HIGGINS RAOD
ROSEMONT, IL 60018
* $ 5,662,890,000 1 $ 36,000
HEALTH ADVANTAGE FEDERAL CREDIT UNION
4550 STATE ST.
SAGINAW, MI 48603
* $ 115,793,000 1 $ 115,000
JOURNEY FEDERAL CREDIT UNION
1200 ZEEB DRIVE
ST. JOHNS, MI 48879
* $ 91,162,000 1 $ 40,000
AMWEST FUNDING CORP.
6 POINTE DRIVE, SUITE 300
BREA, CA 92821
* $ 10,000,000 1 $ 79,000
REVERSE MORTGAGE SOLUTIONS INC
14405 WALTERS RD SUITE 200
HOUSTON, TX 77014
* $ 10,978,000 1 $ 51,000
MORTGAGE 1 INCORPORATED
43456 MOUND ROAD
STERLING HEIGHTS, MI 49314
* $ 9,135,000 1 $ 60,000
FIRSTMERIT MORTGAGE CORP
4455 HILLS AND DALES RD. NW - MTG80
CANTON, OH 44708
* $ 6,000,000,000 1 $ 245,000
KEYBANK NATIONAL ASSOCIATION
127 PUBLIC SQUARE
CLEVELAND, OH 44114
* $ 90,439,767,000 1 $ 27,000
DITECH MORTGAGE CORP
1100 VIRGINIA DRIVE, SUITE 100
FT. WASHINGTON, PA 19034
* $ 5,720,000 1 $ 131,000
NEIGHBORHOOD MORTGAGE SOLUTION
PO BOX 209 544 N MAIN ST
FRANKENMUTH, MI 48734
* $ 77,551,000 1 $ 160,000
AMERISAVE MORTGAGE CORPORATION
3525 PIEDMONT RD NE, 8 PIEDMONT CTR STE
ATLANTA, GA 30305
* $ 8,994,122,000 1 $ 59,000
BLG HOLDINGS, INC.
2353 S. LINDEN RD. SUITE A
FLINT, MI 48532
* $ 1,781,000 1 $ 50,000
LAFCU
106 N MARKETPLACE BLVD
LANSING, MI 48917
* $ 560,969,000 1 $ 28,000
ONE REVERSE MORTGAGE, LLC
4445 EASTGATE MALL, SUITE 320
SAN DIEGO, CA 92121
* $ 39,000,000 1 $ 52,000
SUNRISE FAMILY CREDIT UNION
404 SOUTH EUCLID AVENUE
BAY CITY, MI 48706
* $ 95,961,000 1 $ 115,000
COMMERCIAL BANK & TRUST CO.
P.O. BOX 1000
PARIS, TN 38242
* $ 678,054,000 1 $ 58,000
FIRSTBANK
11 CHANNING WAY
JACKSON, TN 38305
* $ 2,256,102,000 1 $ 290,000
FIRST INDEPENDENCE BANK
7310 WOODWARD AVE SUITE 101
DETROIT, MI 48202
* $ 202,781,000 1 $ 166,000
THE STATE BANK
175 N LEROY ST
FENTON, MI 48430
* $ 330,685,000 1 $ 90,000
MONROE BANK & TRUST
102 E FRONT ST
MONROE, MI 48161
* $ 1,221,380,000 1 $ 62,000
EASTERN MICHIGAN BANK
65 N HOWARD AVE
CROSWELL, MI 48422
* $ 279,384,000 1 $ 28,000
UNION HOME MORTGAGE CORP.
8241 DOW CIRCLE
STRONGSVILLE, OH 44136
* $ 10,000,000 1 $ 76,000
SERVION, INC.
500 MAIN STREET
NEW BRIGHTON, MN 55112
* $ 250,000,000 1 $ 115,000
AMERIFIRST FINANCIAL CORPORATION
950 TRADE CENTRE WAY SUITE 400
KALAMAZOO, MI 49009
* $ 10,000,000 1 $ 173,000
VAN DYK MORTGAGE CORPORATION
2449 CAMELOT CT SE
GRAND RAPIDS, MI 49546
* $ 10,000,000 1 $ 80,000
PLAZA HOME MORTGAGE, INC.
4820 EASTGATE MALL, STE 100
SAN DIEGO, CA 92121
* $ 10,000,000 1 $ 138,000
GUARANTEED RATE, INC.
3940 NORTH RAVENSWOOD AVE
CHICAGO, IL 60613
* $ 10,000,000 1 $ 91,000
GREENSTONE FARM CREDIT SERVICES, FLCA
3515 WEST RD
EAST LANSING, MI 48823
* $ 10,000,000 1 $ 92,000
GUARDIAN MORTGAGE COMPANY, INC
100 N. CENTRAL EXPRESSWAY SUITE 190
RICHARDSON, TX 75083
* $ 10,000,000 1 $ 45,000
1ST STATE FINANCIAL, LTD.
PO BOX 1468
SAGINAW, MI 48605
* $ 188,545,000 1 $ 250,000
WEST TOWN BANK & TRUST
7820 W 26TH STREET
NORTH RIVERSIDE, IL 60546
* $ 150,121,000 1 $ 282,000
EAST WISCONSIN SAVINGS BANK
109 W 2ND ST
KAUKAUNA, WI 54130
* $ 234,987,000 1 $ 32,000
TEAM ONE CREDIT UNION
520 HAYDEN
SAGINAW, MI 48607
* $ 383,646,000 1 $ 186,000
CONSUMERS
PO BOX 525
OSHTEMO, MI 49077
* $ 501,034,000 1 $ 88,000
ZEAL CREDIT UNION
17250 NEWBURGH
LIVONIA, MI 48152
* $ 413,674,000 1 $ 80,000
EXTRA
6611 CHICAGO ROAD
WARREN, MI 48092
* $ 192,704,000 1 $ 82,000
CREDIT UNION ONE
400 E NINE MILE RD
FERNDALE, MI 48220
* $ 821,636,000 1 $ 70,000
TLC COMMUNITY CREDIT UNION
3030 S ADRIAN HWY
ADRIAN, MI 49221
* $ 340,615,000 1 $ 31,000
SOVITA CREDIT UNION
4411 CALKINS RD
FLINT, MI 48532
* $ 363,475,000 1 $ 104,000

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 Iosco 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
Refinancing 394 $37,151,000 $94,000 $417,000 $67,000 $630,000
Home Purchase 324 $29,160,000 $90,000 $396,000 $71,000 $646,000
Home Improvement 82 $2,912,000 $35,000 $235,000 $51,000 $212,000

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 633 $55,175,000 $87,000 $417,000 $72,000 $646,000
Not Provided 76 $6,455,000 $84,000 $295,000 $89,000 $282,000
Not applicable 65 $5,487,000 $84,000 $285,000 $2,000 $53,000
Hispanic 10 $519,000 $51,000 $90,000 $45,000 $75,000
Black or African American 6 $742,000 $123,000 $409,000 $37,000 $45,000
Asian 5 $468,000 $93,000 $187,000 $49,000 $90,000
American Indian or Alaskan Native 4 $327,000 $81,000 $115,000 $85,000 $167,000
Native Hawaiian or Other Pacific Islander 1 $50,000 $50,000 $50,000 $20,000 $20,000

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) 585 $48,906,000 $83,000 $417,000 $80,000 $646,000
VA-guaranteed (Veterans Administration) 83 $9,489,000 $114,000 $409,000 $38,000 $148,000
FHA-insured (Federal Housing Administration) 80 $7,156,000 $89,000 $285,000 $31,000 $106,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 52 $3,672,000 $70,000 $148,000 $17,000 $63,000

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 413 $35,760,000 $86,000 $324,000 $76,000 $646,000
Application Denied By Financial Institution 190 $15,861,000 $83,000 $417,000 $66,000 $630,000
Loan Purchased By The Institution 81 $7,311,000 $90,000 $285,000 $17,000 $223,000
Application Withdrawn By Applicant 65 $6,290,000 $96,000 $396,000 $69,000 $232,000
Application Approved But Not Accepted 32 $2,345,000 $73,000 $218,000 $76,000 $265,000
File Closed For Incompleteness 19 $1,656,000 $87,000 $180,000 $75,000 $225,000
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 $2,137,000 $82,000 $197,000 $80,000 $282,000
Credit History 23 $1,471,000 $63,000 $161,000 $55,000 $212,000
Debt-To-Income Ratio 20 $1,633,000 $81,000 $220,000 $44,000 $155,000
Credit Application Incomplete 14 $1,438,000 $102,000 $289,000 $83,000 $300,000
Other 11 $1,019,000 $92,000 $166,000 $86,000 $195,000
Insufficient Cash (Downpayment, Closing Cost) 9 $702,000 $78,000 $150,000 $64,000 $272,000
Unverifiable Information 1 $147,000 $147,000 $147,000 $97,000 $97,000
Employment History 1 $50,000 $50,000 $50,000 $106,000 $106,000
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.

Download the Michigan Lender List