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 | 851 |
Total Mortgage Loan Application Amount | $63,003,000 |
Average Mortgage Loan Application Amount | $74,000 |
Highest Mortgage Loan Application Amount | $457,000 |
Average Applicant Income | $46,000 |
Highest Applicant Income | $1,200,000 |
Mortgage Lender | Phone Number | Mortgage Lender Assets | Number of Mortgage Loan Applications | Total Dollar Amount of Mortgage Loan Applications |
---|---|---|---|---|
WELLS FARGO BANK, NA 1 HOME CAMPUS, 4TH FLOOR, MAC X2301-042 DES MOINES, IA 50328 |
* | $ 250,474,000,000 | 157 | $ 8,542,000 |
COUNTRYWIDE HOME LOANS 30930 RUSSELL RANCH ROAD MS WLRR-148 WESTLAKE VILLAGE, CA 91362 |
* | $ 97,957,619,000 | 92 | $ 7,569,000 |
AMERIQUEST MORTGAGE COMPANY 1100 TOWN & COUNTRY ROAD ORANGE, CA 92868 |
* | $ 10,000,000 | 59 | $ 5,002,000 |
REPUBLIC BANK 2425 E GRAND RIVER AVE LANSING, MI 48912 |
* | $ 5,336,624,000 | 55 | $ 3,224,000 |
FLAGSTAR BANK 5151 CORPORATE DR TROY, MI 48098 |
* | $ 10,551,758,000 | 43 | $ 2,887,000 |
GMAC MORTGAGE LLC 1100 VIRGINIA DRIVE FT. WASHINGTON, PA 19034 |
* | $ 31,000,000 | 30 | $ 2,207,000 |
NATIONSTAR MORTGAGE LLC 8950 CYPRESS WATERS BLVD. COPPELL, TX 75019 |
* | $ 10,000,000 | 25 | $ 1,511,000 |
MORTGAGE IT INC 60 WALL ST NEW YORK, NY 10005 |
* | $ 10,000,000 | 15 | $ 1,442,000 |
HFC 140 INDUSTRIAL DRIVE ELMHURST, IL 60126 |
* | $ 10,000,000 | 15 | $ 1,139,000 |
GMAC BANK 4 WALNUT GROVE HORSHAM, PA 19044 |
* | $ 2,615,181,000 | 13 | $ 1,344,000 |
EQUIFIRST CORPORATION 13000 S TRYON ST, STE F, PMB 317 CHARLOTTE, NC 28278 |
* | $ 45,247,734,000 | 13 | $ 1,029,000 |
HOMEOWNERS LOAN CORPORATION 4501 CIRCLE 75 PARKWAY, SUITE D-4300 ATLANTA, GA 30339 |
* | $ 1,840,459,615,000 | 12 | $ 763,000 |
AURORA BANK FSB 1271 SIXTH AVENUE, 46TH FLOOR NEW YORK, NY 10020 |
* | $ 14,165,872,000 | 12 | $ 893,000 |
AEGIS WHOLESALE CORPORATION 3250 BRIARPARK DR SUITE 400 HOUSTON, TX 77042 |
* | $ 10,000,000 | 11 | $ 826,000 |
DECISION ONE MORTGAGE 6060 J.A. JONES DRIVE CHARLOTTE, NC 28287 |
* | $ 10,000,000 | 11 | $ 1,061,000 |
AAMES FUNDING CORPORATION 15090 AVENUE OF SCIENCE SAN DIEGO, CA 92128 |
* | $ 10,000,000 | 9 | $ 690,000 |
NATIONAL CITY BANK OF INDIANA 1900 EAST NINTH CLEVELAND, OH 44114 |
* | $ 42,548,912,000 | 9 | $ 724,000 |
NOVASTAR HOME MORTGAGE, INC. 8140 WARD PARKWAY KANSAS CITY, MO 64114 |
* | $ 10,000,000 | 9 | $ 608,000 |
NEW CENTURY MORTGAGE CORPORATI 18400 VON KARMAN AVE., SUITE 1000 IRVINE, CA 92612 |
* | $ 10,000,000 | 8 | $ 793,000 |
ACCREDITED HOME LENDERS, INC 15253 AVENUE OF SCIENCE BLDG 1 SAN DIEGO, CA 92128 |
* | $ 10,000,000 | 8 | $ 563,000 |
AMERICAN BUSINESS FINANCIAL 100 PENN SQUARE EAST PHILADELPHIA, PA 19107 |
* | $ 10,000,000 | 8 | $ 576,000 |
FINANCE AMERICA, LLC 16802 ASTON ST. IRVINE, CA 92606 |
* | $ 10,000,000 | 7 | $ 672,000 |
FIRST NATIONAL BANK OF AMERICA 241 EAST SAGINAW EAST LANSING, MI 48823 |
* | $ 412,768,000 | 7 | $ 287,000 |
WELLS FARGO FIN'L AMERICA, INC 800 WALNUT ST, 6TH FLOOR, MAC F4031-061 DES MOINES, IA 50309 |
* | $ 34,311,813,000 | 7 | $ 206,000 |
OAK STREET MORTGAGE 11555 N MERIDIAN ST CARMEL, IN 46032 |
* | $ 10,000,000 | 6 | $ 306,000 |
E-LOAN, INC. 6230 STONERIDGE MALL ROAD PLEASANTON, CA 94588 |
* | $ 10,000,000 | 6 | $ 307,000 |
ASSOCIATED BANK, N.A. 200 N ADAMS ST GREEN BAY, WI 54301 |
* | $ 12,705,735,000 | 6 | $ 931,000 |
ABN AMRO MTG GROUP INC 850 THIRD AVENUE, 12TH FLOOR NEW YORK, NY 10022 |
* | $ 250,000,000 | 6 | $ 728,000 |
JPMORGAN CHASE BANK, NA 1111 POLARIS PARKWAY COLUMBUS, OH 43240 |
* | $ 256,787,000,000 | 5 | $ 220,000 |
BENEFICIAL 140 INDUSTRIAL DRIVE ELMHURST, IL 60126 |
* | $ 10,000,000 | 5 | $ 219,000 |
CHASE MANHATTAN MORTGAGE CORP. 194 WOOD AVENUE SOUTH ISELIN, NJ 08830 |
* | $ 770,912,000 | 5 | $ 395,000 |
ARGENT MORTGAGE COMPANY 1100 TOWN & COUNTRY ORANGE, CA 92868 |
* | $ 10,000,000 | 5 | $ 482,000 |
UNION FEDERAL C/O SKY BANK 137 CLOUGH ST BOWLING GREEN, OH 43402 |
* | $ 3,690,967,000 | 5 | $ 214,000 |
RESIDENTIAL FUNDING CORP. LLC 1100 VIRGINIA DRIVE FT. WASHINGTON, PA 19034 |
* | $ 10,000,000 | 4 | $ 209,000 |
OPTION ONE MORTGAGE CORP 6501 IRVINE CENTER DRIVE IRVINE, CA 92618 |
* | $ 10,000,000 | 4 | $ 354,000 |
INDYMAC BANK, F.S.B. 888 EAST WALNUT ST PASADENA, CA 91101 |
* | $ 13,189,979,000 | 4 | $ 406,000 |
WELLS FARGO FINL WISCONSIN INC 800 WALNUT ST, 6TH FLOOR, MAC F4031-061 DES MOINES, IA 50309 |
* | $ 34,311,813,000 | 4 | $ 150,000 |
INTERVALE MORTGAGE 815 RESERVOIR AVE CRANSTON, RI 02910 |
* | $ 203,824,000 | 4 | $ 389,000 |
M&I MARSHALL & ILSLEY BANK W57N14280 DOERR WAY CEDARBURG, WI 53012 |
* | $ 29,994,124,000 | 4 | $ 889,000 |
M&I MORTGAGE CORP W57N14280 DOERR WAY CEDARBURG, WI 53012 |
* | $ 202,128,000 | 4 | $ 464,000 |
EMBRACE HOME LOANS, INC. 25 ENTERPRISE CENTER MIDDLETOWN, RI 02842 |
* | $ 10,000,000 | 4 | $ 182,000 |
ASSOCIATED MORTGAGE CO, INC 301 N BROADWAY ST DEPERE, WI 54115 |
* | $ 95,481,778,000 | 3 | $ 285,000 |
AMERICAN NATIONAL BANK 124 SOUTH MAIN STREET SYCAMORE, IL 60178 |
* | $ 231,635,000 | 3 | $ 142,000 |
AMERICAS MONEYLINE 4880 COX ROAD GLEN ALLEN, VA 23060 |
* | $ 10,000,000 | 3 | $ 144,000 |
LONG BEACH MORTGAGE CO. 227 EAST AVENUE ALBION, NY 14411 |
* | $ 10,000,000 | 3 | $ 120,000 |
DELTA FUNDING CORPORATION 1000 WOODBURY ROAD WOODBURY, NY 11797 |
* | $ 31,000,000 | 3 | $ 228,000 |
HOMEFIELD FINANCIAL, INC. 410 EXCHANGE, SUITE 100 IRVINE, CA 92602 |
* | $ 10,000,000 | 3 | $ 284,000 |
WASHINGTON MUTUAL BANK 227 EAST AVENUE ALBION, NY 14411 |
* | $ 234,680,095,000 | 3 | $ 319,000 |
NATIONAL CITY BANK 1900 E NINTH ST LOC 01-3144 CLEVELAND, OH 44114 |
* | $ 46,276,022,000 | 3 | $ 311,000 |
STATE FARM BANK 1 STATE FARM PLAZA BLOOMINGTON, IL 61710 |
* | $ 7,855,191,000 | 3 | $ 204,000 |
US BANK, N.A. 777 EAST WISCONSIN AVE MILWAUKEE, WI 53202 |
* | $ 189,159,050,000 | 3 | $ 282,000 |
NOVASTAR MORTGAGE 2114 CENTRAL SUITE 600 KANSAS CITY, MO 64108 |
* | $ 10,000,000 | 2 | $ 213,000 |
HOMECOMINGS FINANCIAL LLC 1100 VIRGINIA DRIVE FT. WASHINGTON, PA 19034 |
* | $ 10,000,000 | 2 | $ 216,000 |
TOWN & COUNTRY CREDIT 2010 MAIN STREET, SUITE 800 IRVINE, CA 92614 |
* | $ 10,000,000 | 2 | $ 189,000 |
PEOPLE'S CHOICE FINANCIAL CORP 7515 IRVINE CENTER DR. IRVINE, CA 92618 |
* | $ 10,000,000 | 2 | $ 109,000 |
WASHTENAW MORTGAGE COMPANY 3767 RANCHERO DRIVE ANN ARBOR, MI 48108 |
* | $ 130,602,000 | 2 | $ 141,000 |
WELLS FARGO FUNDING, INC 100 N MAIN STREEET MAC D4001-063 WINSTON-SALEM, NC 27150 |
* | $ 25,457,000 | 2 | $ 409,000 |
MILA, INC 6021 244TH ST. SW MOUNTLAKE TERRACE, WA 98043 |
* | $ 10,000,000 | 2 | $ 51,000 |
ENCORE CREDIT CORP 1833 ALTON PARKWAY IRVINE, CA 92606 |
* | $ 10,000,000 | 2 | $ 261,000 |
FRANKLIN MORTGAGE FUNDING 25800 NORTHWESTERN HWY SUITE 875 SOUTHFIELD, MI 48075 |
* | $ 10,000,000 | 2 | $ 363,000 |
GREENLIGHT FINANCIAL SERVICES 18200 VON KARMAN STE #300 IRVINE, CA 92612 |
* | $ 10,000,000 | 2 | $ 122,000 |
CITIMORTGAGE, INC. ONE COURT SQUARE, 45TH FLOOR LONG ISLAND CITY, NY 11120 |
* | $ 59,720,267,000 | 2 | $ 132,000 |
FIRST NLC FINANCIAL SERVICES, 4680 CONFERENCE WAY SOUTH BOCA RATON, FL 33431 |
* | $ 10,000,000 | 2 | $ 101,000 |
FIRST RESIDENTIAL MORTGAGE 9721 ORMSBY STATION RD. LOUISVILLE, KY 40223 |
* | $ 10,000,000 | 2 | $ 291,000 |
FIRST HORIZON HOME LOAN CORP 4000 HORIZON WAY IRVING, TX 75063 |
* | $ 1,446,000,000 | 2 | $ 173,000 |
FIRST MAGNUS FINANCIAL CORP 603 N. WILMOT ROAD TUCSON, AZ 85711 |
* | $ 10,000,000 | 2 | $ 237,000 |
FIELDSTONE MORTGAGE COMPANY 11000 BROKEN LAND PARKWAY, SUITE 900 COLUMBIA, MD 21044 |
* | $ 10,000,000 | 2 | $ 203,000 |
AEGIS MORTGAGE CORPORATION 3250 BRIARPARK DRIVE, SUITE 400 HOUSTON, TX 77042 |
* | $ 10,000,000 | 2 | $ 71,000 |
BANK OF AMERICA, N.A. 4500 PARK GRANADA CALABASAS, CA 91302 |
* | $ 617,888,534,000 | 2 | $ 157,000 |
BANKERS' BANK 7700 MINERAL POINT ROAD MADISON, WI 53717 |
* | $ 160,291,000 | 2 | $ 144,000 |
CHARTER ONE BANK 1215 SUPERIOR AVE CLEVELAND, OH 44114 |
* | $ 42,698,804,000 | 2 | $ 156,000 |
CHASE MANHATTAN BANK USA, NA 200 WHITE CLAY CENTER DR NEWARK, DE 19711 |
* | $ 36,578,612,000 | 2 | $ 56,000 |
KELLNER MORTGAGE INVESTMENTS 5055 W. PARK BLVD., SUITE 600 PLANO, TX 75093 |
* | $ 10,000,000 | 2 | $ 255,000 |
LENDER LTD. 7789 EAST MI STATE ROAD 36 WHITMORE LAKE, MI 48189 |
* | $ 10,000,000 | 2 | $ 107,000 |
LIBERTY SAVINGS BANK, FSB 2251 ROMBACH AVE. WILMINGTON, OH 45177 |
* | $ 1,800,963,000 | 2 | $ 365,000 |
LAONA STATE BANK 5308 BEECH ST LAONA, WI 54541 |
* | $ 106,402,000 | 2 | $ 40,000 |
LASALLE BANK NA 135 SOUTH LASALLE STREET, STE 2325 CHICAGO, IL 60603 |
* | $ 61,258,857,000 | 1 | $ 64,000 |
KEYBANK NATIONAL ASSOCIATION 100 PUBLIC SQUARE STE 600 OH-01-10-06006 CLEVELAND, OH 44113 |
* | $ 74,320,522,000 | 1 | $ 10,000 |
JOHNSON BANK 555 MAIN STREET SUITE 490 RACINE, WI 53403 |
* | $ 2,257,491,000 | 1 | $ 172,000 |
AEGIS FUNDING CORPORATION 3250 BRIARPARK DR SUITE 400 HOUSTON, TX 77042 |
* | $ 10,000,000 | 1 | $ 21,000 |
AEGIS LENDING CORPORATION 3250 BRIARPARK DR SUITE 400 HOUSTON, TX 77042 |
* | $ 10,000,000 | 1 | $ 41,000 |
ACADEMY BANK, NATIONAL ASSOCIATION 8551 NORTH BOARDWALK AVE KANSAS CITY, MO 64154 |
* | $ 89,400,000 | 1 | $ 165,000 |
CITIFINANCIAL, INC. 300 ST. PAUL PLACE BALTIMORE, MD 21202 |
* | $ 1,097,190,000,000 | 1 | $ 53,000 |
CITIFINANCIAL MTG CO, INC 4000 REGENT BLVD IRVING, TX 75063 |
* | $ 32,424,600,000 | 1 | $ 135,000 |
AIG FEDERAL SAVINGS BANK 600 N KING STREET, SUITE 2 WILMINGTON, DE 19801 |
* | $ 1,223,098,000 | 1 | $ 76,000 |
AMC MORTGAGE SERVICES, INC. 1100 TOWN & COUNTRY ROAD, SUITE 1100 IRVINE, CA 92868 |
* | $ 10,000,000 | 1 | $ 104,000 |
AMTRUST BANK 1801 E. 9TH ST #200 CLEVELAND, OH 44114 |
* | $ 11,298,870,000 | 1 | $ 174,000 |
ANCHORBANK FSB 25 WEST MAIN STREET MADISON, WI 53703 |
* | $ 3,610,170,000 | 1 | $ 151,000 |
FIFTH THIRD BANK MICHIGAN 5001 KINGSLEY DRIVE MD 1MOB2W CINCINNATI, OH 45227 |
* | $ 37,150,291,000 | 1 | $ 28,000 |
FIRSTBANK - ALMA MORTGAGE CO 311 WOODWORTH AVE. ALMA, MI 48801 |
* | $ 260,365,000 | 1 | $ 41,000 |
EMPOWER CREDIT UNION 10635 W GREENFIELD AVENUE WEST ALLIS, WI 53214 |
* | $ 98,688,000 | 1 | $ 75,000 |
EQUITY ONE 9600 WEST BRYN MAWR ROSEMONT, IL 60018 |
* | $ 10,538,602,000 | 1 | $ 68,000 |
FIDELITY NATIONAL BANK 215 S 8TH STREET MEDFORD, WI 54451 |
* | $ 107,774,000 | 1 | $ 128,000 |
HEARTWELL MORTGAGE CORPORATION 1580 E. BELTLINE, S.E. GRAND RAPIDS, MI 49506 |
* | $ 10,000,000 | 1 | $ 54,000 |
HOME EQUITY OF AMERICA 5001 KINGSLEY DRIVE MD 1MOB2W CINCINNATI, OH 45227 |
* | $ 37,150,291,000 | 1 | $ 147,000 |
HOME LOAN CENTER 163 TECHNOLOGY DRIVE IRVINE, CA 92618 |
* | $ 10,000,000 | 1 | $ 160,000 |
FREMONT INVESTMENT & LOAN 2727 E. IMPERIAL HIGHWAY BREA, CA 92821 |
* | $ 9,333,614,000 | 1 | $ 135,000 |
MILLENNIA MORTGAGE CORPORATION 9891 IRVINE CENTER DRIVE, STE. 200 IRVINE, CA 92618 |
* | $ 10,000,000 | 1 | $ 31,000 |
MOREQUITY,INC. (NV) 601 N.W. SECOND STREET, P.O. BOX 59 EVANSVILLE, IN 47701 |
* | $ 10,000,000 | 1 | $ 86,000 |
MORTGAGE AMENITIES CORP. 25 BLACKSTONE VALLEY PLACE LINCOLN, RI 02865 |
* | $ 10,000,000 | 1 | $ 126,000 |
MORTGAGE INVESTORS CORP 6090 CENTRAL AVE ST. PETERSBURG, FL 33707 |
* | $ 10,000,000 | 1 | $ 64,000 |
MORTGAGE LENDERS NETWORK USA 213 COURT STREET MIDDLETOWN, CT 06457 |
* | $ 10,000,000 | 1 | $ 48,000 |
MORTGAGE SERVICES INC. 2323 N MAYFAIR RD WAUWATOSA, WI 53226 |
* | $ 3,275,979,000 | 1 | $ 120,000 |
HOMELAND CAPITAL MORTGAGE 600 E CARMEL DR, SUITE 110 CARMEL, IN 46033 |
* | $ 10,000,000 | 1 | $ 20,000 |
HSBC BANK USA, NA 1 HSBC CENTER - 24TH FLOOR BUFFALO, NY 14203 |
* | $ 95,600,000 | 1 | $ 50,000 |
INDEPENDENT MTG CO WEST MI 230 WEST MAIN STREET IONIA, MI 48846 |
* | $ 158,000,000 | 1 | $ 42,000 |
WAUKESHA STATE BANK 151 E ST PAUL AVE P.O. BOX 648 WAUKESHA, WI 53187 |
* | $ 595,716,000 | 1 | $ 1,000 |
WELLS FARGO FIN'L CALIFORNIA 800 WALNUT ST, 6TH FLOOR, MAC F4031-061 DES MOINES, IA 50309 |
* | $ 34,311,813,000 | 1 | $ 15,000 |
WELLS FARGO FIN'L NEVADA 2,INC 800 WALNUT ST, 6TH FLOOR, MAC F4031-061 DES MOINES, IA 50309 |
* | $ 34,311,813,000 | 1 | $ 20,000 |
PEOPLES STATE BANK P O BOX 1686, 1905 STEWART AVE WAUSAU, WI 54402 |
* | $ 408,901,000 | 1 | $ 68,000 |
PHH MORTGAGE CORPORATION 1 MORTGAGE WAY MT LAUREL, NJ 08054 |
* | $ 31,000,000 | 1 | $ 106,000 |
PRINCIPAL RESIDENTIAL MORTGAGE ONE COURT SQUARE, 45TH FLOOR LONG ISLAND CITY, NY 11120 |
* | $ 10,000,000 | 1 | $ 120,000 |
PROGRESSIVE MORTGAGE COMPANY 125 S. FIFTH AVE. ANN ARBOR, MI 48104 |
* | $ 327,000,000 | 1 | $ 40,000 |
PROVIDENT BANK 1900 E 9TH STREET LOCATOR 01-3013 CLEVELAND, OH 44114 |
* | $ 16,980,253,000 | 1 | $ 38,000 |
ING BANK, FSB 1 SOUTH ORANGE STREET WILMINGTON, DE 19801 |
* | $ 19,145,012,000 | 1 | $ 191,000 |
MBNA AMERICA DELAWARE, N.A. 200 N COLLEGE ST NC1-004-04-13 CHARLOTTE, NC 28255 |
* | $ 2,032,341,000 | 1 | $ 160,000 |
NICOLET NATIONAL BANK 111 N WASHINGTON ST GREEN BAY, WI 54301 |
* | $ 336,954,000 | 1 | $ 225,000 |
NATIONAL EXCHANGE BANK AND TRUST 130 SOUTH MAIN STREET FOND DU LAC, WI 54935 |
* | $ 804,345,000 | 1 | $ 30,000 |
NPB MORTGAGE LLC 3333 DEPOSIT DRIVE NE GRAND RAPIDS, MI 49546 |
* | $ 145,000,000 | 1 | $ 59,000 |
US BANK NORTH DAKOTA 777 EAST WISCONSIN AVE MILWAUKEE, WI 53202 |
* | $ 3,319,969,000 | 1 | $ 80,000 |
WACHOVIA MORTGAGE CORP 301 S COLLEGE ST CHARLOTTE, NC 28202 |
* | $ 2,687,938,000 | 1 | $ 50,000 |
UNITED MIDWEST SAVINGS BANK 101 S MAIN ST DEGRAFF, OH 43318 |
* | $ 215,812,000 | 1 | $ 52,000 |
UNIVERSAL SAVINGS BANK FA 754 N 4TH STREET MILWAUKEE, WI 53204 |
* | $ 82,930,000 | 1 | $ 105,000 |
STERLING MORTGAGE & INVESTMENT 31333 W. 13 MILE RD FARMINGTON HILLS, MI 48334 |
* | $ 10,000,000 | 1 | $ 91,000 |
SUNSET DIRECT LENDING 5000 SW MEADOWS ROAD SUITE 131 LAKE OSWEGO, OR 97035 |
* | $ 10,000,000 | 1 | $ 195,000 |
SUNTRUST MORTGAGE, INC 901 SEMMES AVENUE RICHMOND, VA 23224 |
* | $ 124,453,567,000 | 1 | $ 35,000 |
TAYLOR, BEAN & WHITAKER 315 NE 14TH STREET OCALA, FL 34470 |
* | $ 10,000,000 | 1 | $ 75,000 |
THE CIT GROUP/CONSUMER FINANCE 1 CIT DRIVE LIVINGSTON, NJ 07039 |
* | $ 10,000,000 | 1 | $ 38,000 |
RESOURCE BANK 4429 BONNEY ROAD VIRGINIA BEACH, VA 23462 |
* | $ 864,464,000 | 1 | $ 111,000 |
SAXON MORTGAGE 4840 COX ROAD GLEN ALLEN, VA 23060 |
* | $ 10,000,000 | 1 | $ 183,000 |
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.
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 | 564 | $45,233,000 | $80,000 | $395,000 | $46,000 | $1,200,000 |
Home Purchase | 220 | $15,386,000 | $69,000 | $457,000 | $47,000 | $504,000 |
Home Improvement | 67 | $2,384,000 | $35,000 | $130,000 | $43,000 | $231,000 |
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 | 671 | $50,387,000 | $75,000 | $457,000 | $52,000 | $1,200,000 |
Not Provided | 129 | $8,574,000 | $66,000 | $395,000 | $41,000 | $336,000 |
Not applicable | 31 | $2,460,000 | $79,000 | $225,000 | $2,000 | $66,000 |
American Indian or Alaskan Native | 9 | $812,000 | $90,000 | $237,000 | $45,000 | $69,000 |
Hispanic | 6 | $303,000 | $50,000 | $87,000 | $37,000 | $67,000 |
Asian | 2 | $332,000 | $166,000 | $240,000 | $42,000 | $63,000 |
Black or African American | 2 | $85,000 | $42,000 | $64,000 | $17,000 | $34,000 |
Native Hawaiian or Other Pacific Islander | 1 | $50,000 | $50,000 | $50,000 | $8,000 | $8,000 |
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) | 829 | $61,685,000 | $74,000 | $457,000 | $47,000 | $1,200,000 |
FHA-insured (Federal Housing Administration) | 13 | $737,000 | $56,000 | $100,000 | $24,000 | $67,000 |
VA-guaranteed (Veterans Administration) | 6 | $459,000 | $76,000 | $112,000 | $26,000 | $94,000 |
FSA/RHS (Farm Service Agency or Rural Housing Service) | 3 | $122,000 | $40,000 | $51,000 | $32,000 | $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 | 309 | $24,325,000 | $78,000 | $457,000 | $59,000 | $504,000 |
Application Denied By Financial Institution | 252 | $15,420,000 | $61,000 | $395,000 | $39,000 | $276,000 |
Application Withdrawn By Applicant | 96 | $7,389,000 | $76,000 | $327,000 | $43,000 | $336,000 |
Application Approved But Not Accepted | 72 | $6,010,000 | $83,000 | $240,000 | $57,000 | $177,000 |
Loan Purchased By The Institution | 65 | $5,813,000 | $89,000 | $237,000 | $26,000 | $222,000 |
File Closed For Incompleteness | 57 | $4,046,000 | $70,000 | $179,000 | $48,000 | $1,200,000 |
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 | 89 | $4,708,000 | $52,000 | $206,000 | $35,000 | $168,000 |
Other | 47 | $3,252,000 | $69,000 | $395,000 | $45,000 | $248,000 |
Collateral | 24 | $1,779,000 | $74,000 | $206,000 | $45,000 | $106,000 |
Debt-To-Income Ratio | 21 | $1,224,000 | $58,000 | $128,000 | $34,000 | $276,000 |
Credit Application Incomplete | 15 | $791,000 | $52,000 | $127,000 | $28,000 | $68,000 |
Unverifiable Information | 5 | $456,000 | $91,000 | $142,000 | $65,000 | $139,000 |
Employment History | 5 | $335,000 | $67,000 | $147,000 | $55,000 | $120,000 |
Insufficient Cash (Downpayment, Closing Cost) | 3 | $126,000 | $42,000 | $63,000 | $28,000 | $37,000 |
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.