Iron County MI
Mortgage Loan Application
Totals and Details
for 2004

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 Company List for Lending in Iron County MI for 2004

* 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 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.

Mortgage Loan Application Detail Totals for Iron County MI in 2004

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.

Download the Michigan Lender List