Iron County MI
Mortgage Loan Application
Totals and Details
for 2003

Find mortgage statistics and lending data for the Iron 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 Iron 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 836
Total Mortgage Loan Application Amount $70,832,000
Average Mortgage Loan Application Amount $84,000
Highest Mortgage Loan Application Amount $611,000
Average Applicant Income $62,000
Highest Applicant Income $756,000

Mortgage Company List for Lending in Iron County MI for 2003

* 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
WELLS FARGO HOME MORTGAGE
1 HOME CAMPUS, X9902-1R
DES MOINES, IA 50328
* $ 35,000,000,000 171 $ 13,145,000
COUNTRYWIDE HOME LOANS
30930 RUSSELL RANCH ROAD MS WLRR-148
WESTLAKE VILLAGE, CA 91362
* $ 58,034,697,000 84 $ 7,801,000
WELLS FARGO BANK, NA
1 HOME CAMPUS, 4TH FLOOR, MAC X2301-042
DES MOINES, IA 50328
* $ 183,712,000,000 50 $ 2,476,000
REPUBLIC BANK
2425 E GRAND RIVER AVE
LANSING, MI 48912
* $ 4,763,003,000 50 $ 3,481,000
GMAC MORTGAGE LLC
1100 VIRGINIA DRIVE
FT. WASHINGTON, PA 19034
* $ 31,000,000 41 $ 4,113,000
AMERIQUEST MORTGAGE COMPANY
1100 TOWN & COUNTRY ROAD
ORANGE, CA 92868
* $ 10,000,000 36 $ 3,488,000
NATIONSTAR MORTGAGE LLC
8950 CYPRESS WATERS BLVD.
COPPELL, TX 75019
* $ 10,000,000 25 $ 1,405,000
FLAGSTAR BANK
5151 CORPORATE DR
TROY, MI 48098
* $ 8,190,484,000 23 $ 2,187,000
GMAC BANK
4 WALNUT GROVE
HORSHAM, PA 19044
* $ 2,448,525,000 16 $ 1,380,000
E-LOAN, INC.
6230 STONERIDGE MALL ROAD
PLEASANTON, CA 94588
* $ 10,000,000 16 $ 691,000
ABN AMRO MTG GROUP INC
850 THIRD AVENUE, 12TH FLOOR
NEW YORK, NY 10022
* $ 250,000,000 15 $ 2,221,000
HOMEOWNERS LOAN CORPORATION
4501 CIRCLE 75 PARKWAY, SUITE D-4300
ATLANTA, GA 30339
* $ 1,840,459,615,000 14 $ 980,000
AMERICAN BUSINESS FINANCIAL
100 PENN SQUARE EAST
PHILADELPHIA, PA 19107
* $ 10,000,000 9 $ 513,000
BANKERS' BANK
7700 MINERAL POINT ROAD
MADISON, WI 53717
* $ 164,088,000 9 $ 767,000
CHASE MANHATTAN MORTGAGE CORP
343 THORNALL STREET
EDISON, NJ 08837
* $ 622,388,000,000 9 $ 909,000
BANK ONE, NA
45303 VAN DYKE SUITE 9048
UTICA, MI 48317
* $ 53,001,000,000 8 $ 457,000
CHASE MANHATTAN BANK USA, NA
200 WHITE CLAY CENTER DR
NEWARK, DE 19711
* $ 32,738,033,000 8 $ 563,000
UNION FEDERAL C/O SKY BANK
137 CLOUGH ST
BOWLING GREEN, OH 43402
* $ 3,366,324,000 8 $ 644,000
ASSOCIATED BANK, N.A.
200 N ADAMS ST
GREEN BAY, WI 54301
* $ 10,022,493,000 7 $ 564,000
ASSOCIATED MORTGAGE CO, INC
301 N BROADWAY ST
DEPERE, WI 54115
* $ 95,481,778,000 6 $ 752,000
AAMES FUNDING CORPORATION
15090 AVENUE OF SCIENCE
SAN DIEGO, CA 92128
* $ 10,000,000 6 $ 383,000
M&I MORTGAGE CORP
W57N14280 DOERR WAY
CEDARBURG, WI 53012
* $ 202,128,000 6 $ 1,453,000
WELLS FARGO BANK NEVADA, NA
4406 PIEDRAS DR W, A SEFCIK, T5600-021
SAN ANTONIO, TX 78228
* $ 9,915,389,000 6 $ 18,000
WASHINGTON MUTUAL BANK
227 EAST AVENUE
ALBION, NY 14411
* $ 236,422,336,000 5 $ 753,000
NATIONAL CITY BANK
1900 E NINTH ST LOC 01-3144
CLEVELAND, OH 44114
* $ 43,721,511,000 5 $ 225,000
M&I MARSHALL & ILSLEY BANK
W57N14280 DOERR WAY
CEDARBURG, WI 53012
* $ 28,166,870,000 5 $ 344,000
ACCREDITED HOME LENDERS, INC
15253 AVENUE OF SCIENCE BLDG 1
SAN DIEGO, CA 92128
* $ 10,000,000 5 $ 242,000
CITIFINANCIAL MORTGAGE COMPANY
1111 NORTHPOINT DRIVE
COPPELL, TX 75019
* $ 1,097,190,000,000 5 $ 522,000
H&R BLOCK MORTGAGE CORPORATION
6501 IRVINE CENTER DRIVE
IRVINE, CA 92618
* $ 10,000,000 5 $ 268,000
FIRST NATIONAL BANK OF AMERICA
241 EAST SAGINAW
EAST LANSING, MI 48823
* $ 488,502,000 4 $ 91,000
BANK OF AMERICA, N.A.
4500 PARK GRANADA
CALABASAS, CA 91302
* $ 565,382,000,000 4 $ 1,239,000
AMTRUST BANK
1801 E. 9TH ST #200
CLEVELAND, OH 44114
* $ 12,811,549,000 4 $ 612,000
MORTGAGE IT INC
60 WALL ST
NEW YORK, NY 10005
* $ 10,000,000 4 $ 187,000
NEW CENTURY MORTGAGE CORPORATI
18400 VON KARMAN AVE., SUITE 1000
IRVINE, CA 92612
* $ 10,000,000 4 $ 667,000
NOVASTAR MORTGAGE
2114 CENTRAL SUITE 600
KANSAS CITY, MO 64108
* $ 10,000,000 4 $ 715,000
STERLING MORTGAGE & INVESTMENT
31333 W. 13 MILE RD
FARMINGTON HILLS, MI 48334
* $ 10,000,000 4 $ 316,000
NATIONAL CITY MORTGAGE CORPORA
1900 E9TH STREET LOCATOR 01-3013
CLEVELAND, OH 44114
* $ 12,000,000,000 3 $ 288,000
NOVASTAR HOME MORTGAGE, INC.
8140 WARD PARKWAY
KANSAS CITY, MO 64114
* $ 10,000,000 3 $ 287,000
RESIDENTIAL FUNDING CORP. LLC
1100 VIRGINIA DRIVE
FT. WASHINGTON, PA 19034
* $ 10,000,000 3 $ 199,000
RESOURCE BANK
4429 BONNEY ROAD
VIRGINIA BEACH, VA 23462
* $ 712,440,000 3 $ 296,000
INDYMAC BANK, F.S.B.
888 EAST WALNUT ST
PASADENA, CA 91101
* $ 9,508,220,000 3 $ 204,000
AMERICAS MONEYLINE
4880 COX ROAD
GLEN ALLEN, VA 23060
* $ 10,000,000 3 $ 203,000
AURORA BANK FSB
1271 SIXTH AVENUE, 46TH FLOOR
NEW YORK, NY 10020
* $ 11,370,323,000 3 $ 268,000
FRANKLIN BANK, N.A.
24725 W 12 MILE ROAD
SOUTHFIELD, MI 48034
* $ 542,754,000 3 $ 10,000
DELTA FUNDING CORPORATION
1000 WOODBURY ROAD
WOODBURY, NY 11797
* $ 31,000,000 3 $ 108,000
CITIMORTGAGE, INC
1 COURT SQUARE, 45TH FLOOR, ZONE 15
LONG ISLAND CITY, NY 11120
* $ 281,018,000,000 2 $ 193,000
E*TRADE BANK
671 NORTH GLEBE RD, 12TH FLOOR
ARLINGTON, VA 22203
* $ 17,039,747,000 2 $ 306,000
F&M BANK- WISCONSIN
1601 S WEBSTER AVE
GREEN BAY, WI 54301
* $ 1,836,815,000 2 $ 331,000
FLEET NATIONAL BANK
525 N TRYON ST NC1-023-06-04
CHARLOTTE, NC 28255
* $ 179,362,000,000 2 $ 48,000
FIRST RESIDENTIAL MORTGAGE
9721 ORMSBY STATION RD.
LOUISVILLE, KY 40223
* $ 10,000,000 2 $ 229,000
FIRST HORIZON HOME LOAN CORP
4000 HORIZON WAY
IRVING, TX 75063
* $ 1,446,000,000 2 $ 162,000
HARRIS TRUST AND SAVINGS BANK
111 WEST MONROE STREET
CHICAGO, IL 60603
* $ 19,273,170,000 2 $ 231,000
HFC
140 INDUSTRIAL DRIVE
ELMHURST, IL 60126
* $ 10,000,000 2 $ 93,000
CONCORDE ACCEPTANCE CORPORATIO
7929 BROOKRIVER DR., SUITE 500
DALLAS, TX 75247
* $ 10,000,000 2 $ 225,000
FREEDOM MORTGAGE CORP.
10500 KINCAID DR. STE. 300
FISHERS, IN 46037
* $ 10,000,000 2 $ 100,000
FULL SPECTRUM LENDING
35 N. LAKE AVENUE MS 55-11
PASADENA, CA 91101
* $ 58,034,697,000 2 $ 185,000
KEYBANK USA, N.A.
127 PUBLIC SQUARE
CLEVELAND, OH 44114
* $ 8,943,095,000 2 $ 137,000
EMBRACE HOME LOANS, INC.
25 ENTERPRISE CENTER
MIDDLETOWN, RI 02842
* $ 10,000,000 2 $ 244,000
AEGIS WHOLESALE CORPORATION
3250 BRIARPARK DR SUITE 400
HOUSTON, TX 77042
* $ 10,000,000 2 $ 174,000
AMERICAN HOME MORTGAGE CORP.
538 BROADHOLLOW RD
MELVILLE, NY 11747
* $ 10,000,000 2 $ 295,000
ANCHORBANK FSB
25 WEST MAIN STREET
MADISON, WI 53703
* $ 3,475,932,000 2 $ 209,000
BENEFICIAL
140 INDUSTRIAL DRIVE
ELMHURST, IL 60126
* $ 10,000,000 2 $ 164,000
MBNA AMERICA DELAWARE, N.A.
200 N COLLEGE ST NC1-004-04-13
CHARLOTTE, NC 28255
* $ 1,708,852,000 2 $ 70,000
MORTGAGE SERVICES INC.
2323 N MAYFAIR RD
WAUWATOSA, WI 53226
* $ 3,668,754,000 2 $ 410,000
PHH MORTGAGE CORPORATION
1 MORTGAGE WAY
MT LAUREL, NJ 08054
* $ 31,000,000 2 $ 150,000
NPB MORTGAGE LLC
3333 DEPOSIT DRIVE NE
GRAND RAPIDS, MI 49546
* $ 145,000,000 2 $ 51,000
OAK STREET MORTGAGE
11555 N MERIDIAN ST
CARMEL, IN 46032
* $ 10,000,000 2 $ 107,000
OPTION ONE MORTGAGE CORP
6501 IRVINE CENTER DRIVE
IRVINE, CA 92618
* $ 10,000,000 2 $ 102,000
STATE FARM BANK
1 STATE FARM PLAZA
BLOOMINGTON, IL 61710
* $ 4,586,886,000 2 $ 109,000
NATIONAL CITY MORTGAGE SERVICE
1900 E 9TH STREET LOCATOR 01-3013
CLEVELAND, OH 44114
* $ 12,383,021,000 2 $ 235,000
WELLS FARGO FIN'L AMERICA, INC
800 WALNUT ST, 6TH FLOOR, MAC F4031-061
DES MOINES, IA 50309
* $ 18,988,174,000 2 $ 229,000
WELLS FARGO FINL WISCONSIN INC
800 WALNUT ST, 6TH FLOOR, MAC F4031-061
DES MOINES, IA 50309
* $ 19,074,716,000 2 $ 56,000
WELLS FARGO FUNDING, INC
100 N MAIN STREEET MAC D4001-063
WINSTON-SALEM, NC 27150
* $ 25,457,000 2 $ 639,000
WASHTENAW MORTGAGE COMPANY
3767 RANCHERO DRIVE
ANN ARBOR, MI 48108
* $ 204,000,000 1 $ 75,000
WELLS FARGO FIN'L MINNESOTA
800 WALNUT ST, 6TH FLOOR, MAC F4031-061
DES MOINES, IA 50309
* $ 19,065,781,000 1 $ 10,000
UNION PLANTERS BANK
P.O. BOX 10247
BIRMINGHAM, AL 35202
* $ 33,756,573,000 1 $ 88,000
US BANK, N.A.
777 EAST WISCONSIN AVE
MILWAUKEE, WI 53202
* $ 176,049,792,000 1 $ 39,000
VANDERBILT MORTGAGE
500 ALCOA TRAIL
MARYVILLE, TN 37804
* $ 31,000,000 1 $ 63,000
WELLS FARGO BANK, NA
100 N MAIN STREET MAC D4001-063
WINSTON-SALEM, NC 27150
* $ 318,870,000,000 1 $ 166,000
TCF MORTGAGE CORPORATION
801 MARQUETTE AVENUE (002-01-P)
MINNEAPOLIS, MN 55402
* $ 3,586,805,000 1 $ 125,000
THE CIT GROUP/CONSUMER FINANCE
650 CIT DRIVE
LIVINGSTON, NJ 07039
* $ 1,358,138,000 1 $ 28,000
THE HUNTINGTON NATIONAL BANK
7575 HUNTINGTON PARK DR
COLUMBUS, OH 43235
* $ 27,399,278,000 1 $ 30,000
THE PARK BANK
1815 GREENWAY CROSS
MADISON, WI 53713
* $ 272,600,000 1 $ 28,000
TOWN & COUNTRY CREDIT
2010 MAIN STREET, SUITE 800
IRVINE, CA 92614
* $ 10,000,000 1 $ 82,000
TOWNE MORTGAGE COMPANY
13325 E 14 MILE RD
STERLING HEIGHTS, MI 48312
* $ 10,000,000 1 $ 129,000
OZAUKEE BANK
N69W5269 COLUMBIA ROAD
CEDARBURG, WI 53012
* $ 541,406,000 1 $ 172,000
PALOS BANK AND TRUST
12600 SOUTH HARLEM AVENUE
PALOS HEIGHTS, IL 60463
* $ 355,548,000 1 $ 140,000
PARAGON HOME LENDING, LLC
19435 W. CAPITOL DRIVE, SUITE 201
BROOKFIELD, WI 53045
* $ 10,000,000 1 $ 62,000
PEOPLE'S CHOICE FINANCIAL CORP
7515 IRVINE CENTER DR.
IRVINE, CA 92618
* $ 10,000,000 1 $ 34,000
PGNF HOME LENDING CORP
1431 OPUS PLACE, SUITE 200
DOWNERS GROVE, IL 60515
* $ 10,000,000 1 $ 64,000
PLAINSCAPITAL MCAFEE MORTGAGE
18111 PRESTON ROAD #850
DALLAS, TX 75252
* $ 1,728,269,000 1 $ 64,000
PRIMELENDING, A PLAINSCAPITAL COMPANY
18111 PRESTON ROAD SUITE 900
DALLAS, TX 75252
* $ 1,728,269,000 1 $ 28,000
PRINCIPAL RESIDENTIAL MORTGAGE
ONE COURT SQUARE, 45TH FLOOR
LONG ISLAND CITY, NY 11120
* $ 10,000,000 1 $ 125,000
PROGRESSIVE MORTGAGE COMPANY
125 S. FIFTH AVE.
ANN ARBOR, MI 48104
* $ 327,000,000 1 $ 132,000
RBC MORTGAGE
P O BOX 1220
ROCKY MOUNT, NC 27802
* $ 2,163,315,000 1 $ 111,000
SECURED FUNDING
2955 REDHILL AVE
COSTA MESA, CA 92626
* $ 10,000,000 1 $ 21,000
NATIONAL CITY BANK OF THE MIDW
1900 EAST NINTH
CLEVELAND, OH 44114
* $ 19,905,676,000 1 $ 75,000
NEW STATE MORTGAGE COMPANY
8401 VIRGINIA STREET
MERRILLVILE, IN 46410
* $ 10,000,000 1 $ 72,000
NFCU
820 FOLLIN LANE
VIENNA, VA 22180
* $ 17,573,420,000 1 $ 32,000
MERRILL LYNCH CREDIT CORP.
4802 DEER LAKE DRIVE EAST BLDG 3
JACKSONVILLE, FL 32246
* $ 31,000,000 1 $ 401,000
MID AMERICA BANK
55TH & HOLMES
CLARENDON HILLS, IL 60514
* $ 5,909,865,000 1 $ 70,000
MIDWEST LOAN SOLUTIONS, INC.
29777 TELEGRAPH RD. SUITE 3580
SOUTHFIELD, MI 48034
* $ 46,200,000 1 $ 144,000
MORTGAGE AMENITIES CORP.
25 BLACKSTONE VALLEY PLACE
LINCOLN, RI 02865
* $ 10,000,000 1 $ 46,000
MORTGAGE INVESTORS CORP
6090 CENTRAL AVE
ST. PETERSBURG, FL 33707
* $ 10,000,000 1 $ 66,000
MORTGAGE LENDERS NETWORK USA
213 COURT STREET
MIDDLETOWN, CT 06457
* $ 10,000,000 1 $ 55,000
ING BANK, FSB
1 SOUTH ORANGE STREET
WILMINGTON, DE 19801
* $ 11,903,989,000 1 $ 72,000
MARATHON FINANCIAL CORPORATIO
22381 GRATIOT
EASTPOINTE, MI 48021
* $ 10,000,000 1 $ 50,000
HOMETOWN MORTGAGE AND FINANCE
80 SHEBOYGAN STREET
FOND DU LAC, WI 54935
* $ 22,000,000 1 $ 7,000
HORIZON BANK, N.A.
515 FRANKLIN ST
MICHIGAN CITY, IN 46360
* $ 718,345,000 1 $ 190,000
BNC MORTGAGE
1901 MAIN ST
IRVINE, CA 92614
* $ 10,000,000 1 $ 87,000
CHAPEL MORTGAGE
593 RANCOCAS ROAD PO BOX 550
RANCOCAS, NJ 08073
* $ 10,000,000 1 $ 300,000
BAXTER CREDIT UNION
340 N MILWAUKEE AVE
VERNON HILLS, IL 60061
* $ 762,058,000 1 $ 436,000
CITIBANK, FSB
850 THIRD AVENUE, 12TH FLOOR
NEW YORK, NY 10022
* $ 23,205,467,000 1 $ 200,000
CITIFINANCIAL, INC.
300 ST. PAUL PLACE
BALTIMORE, MD 21202
* $ 1,097,190,000,000 1 $ 47,000
ARCHER BANK
4970 S ARCHER AVE
CHICAGO, IL 60632
* $ 360,672,000 1 $ 75,000
ARGENT MORTGAGE COMPANY
1100 TOWN & COUNTRY
ORANGE, CA 92868
* $ 10,000,000 1 $ 61,000
AMERICAN MORTGAGE LLC
913 S. 4TH ST., STE. 102
DEKALB, IL 60115
* $ 200,000,000 1 $ 240,000
AMERICAN NATIONAL BANK
124 SOUTH MAIN STREET
SYCAMORE, IL 60178
* $ 307,000,000 1 $ 25,000
LASALLE BANK NA
135 SOUTH LASALLE STREET, STE 2325
CHICAGO, IL 60603
* $ 57,441,766,000 1 $ 28,000
LEGACY MORTGAGE CORP
12800 S RIDGELAND AVENUE STE G
PALOS HEIGHTS, IL 60463
* $ 10,000,000 1 $ 182,000
LIBERTY SAVINGS BANK, FSB
2251 ROMBACH AVE.
WILMINGTON, OH 45177
* $ 1,911,223,000 1 $ 120,000
KEYBANK NATIONAL ASSOCIATION
100 PUBLIC SQUARE STE 600 OH-01-10-06006
CLEVELAND, OH 44113
* $ 75,319,362,000 1 $ 34,000
21ST MORTGAGE CORPORATION
620 MARKET ST SUITE 100
KNOXVILLE, TN 37902
* $ 10,000,000 1 $ 30,000
HOMELAND CAPITAL MORTGAGE
600 E CARMEL DR, SUITE 110
CARMEL, IN 46033
* $ 10,000,000 1 $ 145,000
FIRST NATIONAL ACCEPTANCE COMPANY
241 EAST SAGINAW/P.O. BOX 980
EAST LANSING, MI 48826
* $ 10,498,000 1 $ 24,000
FRANKLIN MORTGAGE FUNDING
25800 NORTHWESTERN HWY SUITE 875
SOUTHFIELD, MI 48075
* $ 10,000,000 1 $ 58,000
FIFTH THIRD MORTGAGE, MI LLC
5001 KINGSLEY DRIVE MD 1MOB2W
CINCINNATI, OH 45227
* $ 25,145,204,000 1 $ 28,000
FIRST FRANKLIN FINANCIAL CORP.
2150 NORTH FIRST STREET
SAN JOSE, CA 95131
* $ 592,000,000 1 $ 68,000
FIRST GUARANTY MORTGAGE CORPORATION
1900 GALLOWS ROAD, SUITE 800
TYSONS CORNER, VA 22182
* $ 10,000,000 1 $ 70,000
EMMCO, LLC
113 REED AVENUE
LEXINGTON, SC 29072
* $ 10,000,000 1 $ 50,000
ENCORE CREDIT CORP
1833 ALTON PARKWAY
IRVINE, CA 92606
* $ 10,000,000 1 $ 134,000
EQUITY ONE
9600 WEST BRYN MAWR
ROSEMONT, IL 60018
* $ 10,538,602,000 1 $ 55,000
COLUMBIA NATIONAL, INC.
7142 COLUMBIA GATEWAY DRIVE
COLUMBIA, MD 21046
* $ 31,000,000 1 $ 168,000
WILDFIRE CREDIT UNION
6640 BAY RD
SAGINAW, MI 48604
* $ 372,603,000 1 $ 53,000
COMMUNITY FINANCIAL GRP MORT
101 FALLS RD
GRAFTON, WI 53024
* $ 908,580,000 1 $ 51,000
ADMIRALS BANK FORMER DOMESTIC
815 RESERVOIR AVE
CRANSTON, RI 02910
* $ 199,260,000 1 $ 95,000
DOVENMUEHLE FUNDING, INC
1 CORPORATE DRIVE SUITE 360
LAKE ZURICH, IL 60047
* $ 10,000,000 1 $ 142,000
CRESCENT MORTGAGE COMPANY
115 PERIMETER CENTER PLACE STE 285
ATLANTA, GA 30346
* $ 561,042,000 1 $ 246,000
CUNA MUTUAL MORTGAGE CORPORATI
2908 MARKETPLACE DRIVE SUITE 100
MADISON, WI 53719
* $ 10,000,000 1 $ 73,000

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 Iron County MI in 2003

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 (home purchase or home improvement, one-to-four family) 653 $56,762,000 $86,000 $611,000 $64,000 $756,000
Home Purchase (one-to-four family) 154 $13,629,000 $88,000 $320,000 $64,000 $313,000
Home Improvement (one-to-four family) 29 $441,000 $15,000 $40,000 $42,000 $153,000
Multifamily dwelling (home purchase, home improvement, and refinancings) 0 $0 $0 $0 $0 $0

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 625 $52,584,000 $84,000 $429,000 $69,000 $756,000
Information not provided by applicant in mail or telephone application 173 $13,880,000 $80,000 $611,000 $55,000 $604,000
Not applicable 16 $2,264,000 $141,000 $610,000 $1,000 $23,000
Other 14 $1,460,000 $104,000 $440,000 $56,000 $115,000
Asian or Pacific Islander 5 $475,000 $95,000 $145,000 $80,000 $135,000
Black 2 $166,000 $83,000 $145,000 $62,000 $84,000
American Indian or Alaskan Native 1 $3,000 $3,000 $3,000 $29,000 $29,000
Hispanic 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) 804 $68,246,000 $84,000 $611,000 $64,000 $756,000
FHA-insured (Federal Housing Administration) 22 $1,665,000 $75,000 $155,000 $26,000 $66,000
VA-guaranteed (Veterans Administration) 8 $790,000 $98,000 $219,000 $70,000 $318,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 2 $131,000 $65,000 $66,000 $18,000 $36,000

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 372 $32,632,000 $87,000 $611,000 $72,000 $570,000
Application Denied By Financial Institution 194 $13,906,000 $71,000 $440,000 $48,000 $756,000
Loan Purchased By The Institution 114 $10,495,000 $92,000 $611,000 $39,000 $240,000
Application Approved But Not Accepted 67 $6,039,000 $90,000 $320,000 $101,000 $616,000
Application Withdrawn By Applicant 64 $5,232,000 $81,000 $429,000 $55,000 $576,000
File Closed For Incompleteness 25 $2,528,000 $101,000 $401,000 $52,000 $200,000

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 46 $2,568,000 $55,000 $166,000 $40,000 $137,000
Credit Application Incomplete 31 $1,987,000 $64,000 $220,000 $38,000 $84,000
Collateral 28 $2,243,000 $80,000 $200,000 $61,000 $164,000
Debt-To-Income Ratio 27 $2,572,000 $95,000 $440,000 $68,000 $756,000
Other 19 $1,376,000 $72,000 $225,000 $44,000 $135,000
Unverifiable Information 2 $85,000 $42,000 $48,000 $44,000 $88,000
Employment History 2 $104,000 $52,000 $75,000 $19,000 $29,000
Insufficient Cash (Downpayment, Closing Cost) 1 $40,000 $40,000 $40,000 $44,000 $44,000
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