Isabella County MI
Mortgage Loan Application
Totals and Details
for 2009

Find mortgage statistics and lending data for the Isabella 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 Isabella 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 2,626
Total Mortgage Loan Application Amount $312,719,000
Average Mortgage Loan Application Amount $119,000
Highest Mortgage Loan Application Amount $11,000,000
Average Applicant Income $63,000
Highest Applicant Income $999,000

Mortgage Company List for Lending in Isabella County MI for 2009

* 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
ISABELLA BANK
139 E. BROADWAY
MT. PLEASANT, MI 48858
* $ 1,083,993,000 1,100 $ 143,997,000
WELLS FARGO BANK, NA
1 HOME CAMPUS, 4TH FLOOR, MAC X2301-042
DES MOINES, IA 50328
* $ 538,958,000,000 106 $ 12,842,000
BANK OF AMERICA, N.A.
4500 PARK GRANADA
CALABASAS, CA 91302
* $ 1,471,631,047,000 99 $ 12,609,000
INDEPENDENT MORTGAGE CO
230 W MAIN ST
IONIA, MI 48846
* $ 2,953,214,000 92 $ 9,730,000
CHEMICAL BANK
333 E MAIN STREET
MIDLAND, MI 48640
* $ 3,866,622,000 91 $ 7,735,000
CITIBANK, N.A.
601 LEXINGTON AVENUE, 20TH FLOOR
NEW YORK, NY 10022
* $ 1,227,040,000,000 74 $ 5,198,000
JPMORGAN CHASE BANK, NA
1111 POLARIS PARKWAY
COLUMBUS, OH 43240
* $ 1,746,242,000,000 69 $ 7,147,000
ALLY BANK F/K/A/ GMAC BANK
1100 VIRGINIA DRIVE
FT. WASHINGTON, PA 19034
* $ 32,882,574,000 68 $ 7,701,000
FLAGSTAR BANK
5151 CORPORATE DR
TROY, MI 48098
* $ 14,157,838,000 68 $ 10,857,000
GMAC MORTGAGE LLC
1100 VIRGINIA DRIVE
FT. WASHINGTON, PA 19034
* $ 31,000,000 62 $ 6,548,000
HALLMARK HOME MORTGAGE, LLC
7421 COLDWATER ROAD
FORT WAYNE, IN 46825
* $ 2,915,000 58 $ 6,242,000
FIFTH THIRD MORTGAGE, MI LLC
5001 KINGSLEY DRIVE MD 1MOB2W
CINCINNATI, OH 45227
* $ 48,969,000 57 $ 7,680,000
PNC BANK N.A.
249 FIFTH AVE. MS P1-POPP-22-2
PITTSBURGH, PA 15222
* $ 140,777,455,000 51 $ 4,617,000
FIFTH THIRD MORTGAGE COMPANY
5001 KINGSLEY DRIVE MD 1MOB2W
CINCINNATI, OH 45227
* $ 69,459,606,000 44 $ 5,869,000
ARBOR MORTGAGE CORPORATION
2311 EAST BELTLINE AVE SE 200
GRAND RAPIDS, MI 49546
* $ 15,555,000 43 $ 5,103,000
FIRSTBANK - ALMA MORTGAGE CO
311 WOODWORTH AVE.
ALMA, MI 48801
* $ 260,365,000 42 $ 6,388,000
WELLS FARGO FUNDING, INC
100 N MAIN STREEET MAC D4001-063
WINSTON-SALEM, NC 27150
* $ 25,457,000 32 $ 3,851,000
CITIMORTGAGE, INC
601 LEXINGTON AVENUE, 20TH FLOOR
NEW YORK, NY 10022
* $ 1,019,497,000,000 30 $ 3,554,000
NUUNION CREDIT UNION
501 S CAPITOL
LANSING, MI 48933
* $ 802,008,000 27 $ 1,668,000
FIRST NATIONAL BANK OF AMERICA
241 EAST SAGINAW
EAST LANSING, MI 48823
* $ 409,625,000 26 $ 1,275,000
MORTGAGE CENTER L.C
29621 NORTHWESTERN HWY
SOUTHFIELD, MI 48034
* $ 30,000,000 24 $ 2,576,000
COUNTRYWIDE BANK FSB
30930 RUSSELL RANCH ROAD MS CA6-916-02-0
WESTLAKE VILLAGE, CA 91362
* $ 117,978,966,000 23 $ 2,321,000
W. J. BRADLEY MORTGAGE CAPITAL
6465 GREENWOOD PLAZA BLVD, SUITE 500
CENTENNIAL, CO 80111
* $ 10,000,000 22 $ 2,725,000
FIFTH THIRD BANK
5001 KINGSLEY DRIVE MD 1MOB2W
CINCINNATI, OH 45227
* $ 69,459,606,000 19 $ 1,706,000
GREENSTONE FARM CREDIT SERVICES, FLCA
3515 WEST RD
EAST LANSING, MI 48823
* $ 10,000,000 17 $ 2,433,000
DOW CHEMICAL EMPLOYEES'
600 E. LYON ROAD P.O. BOX 1649
MIDLAND, MI 48641
* $ 1,159,689,000 17 $ 2,257,000
CHICKASAW COMMUNITY BANK
909 S MERIDIAN AVE
OKLAHOMA CITY, OK 73108
* $ 82,981,000 13 $ 1,614,000
CITIFINANCIAL, INC.
300 ST. PAUL PLACE
BALTIMORE, MD 21202
* $ 1,494,037,000,000 13 $ 679,000
US BANK, N.A.
777 EAST WISCONSIN AVE
MILWAUKEE, WI 53202
* $ 261,775,591,000 11 $ 765,000
CAPITAL ONE NA
11130 INDUSTRIALPLEX BLVD
BATON ROUGE, LA 70809
* $ 115,142,306,000 9 $ 81,000
USAA FEDERAL SAVINGS BANK
10750 MCDERMOTT FREEWAY
SAN ANTONIO, TX 78288
* $ 32,584,979,000 9 $ 1,086,000
PHH MORTGAGE CORPORATION
1 MORTGAGE WAY
MT LAUREL, NJ 08054
* $ 31,000,000 8 $ 812,000
EQUITY SERVICES, INC.
5711 SIX FORKS ROAD, STE 201
RALEIGH, NC 27609
* $ 10,000,000 8 $ 918,000
CITIZENS BANK
328 S SAGINAW ST
FLINT, MI 48502
* $ 12,266,600,000 7 $ 756,000
CITICORP TRUST BANK, FSB
601 LEXINGTON AVENUE, 20TH FLOOR
NEW YORK, NY 10022
* $ 21,270,147,000 6 $ 730,000
WILDFIRE CREDIT UNION
6640 BAY RD
SAGINAW, MI 48604
* $ 454,334,000 6 $ 487,000
MICHIGAN STATE UNIVERSITY FEDERAL CREDIT UNION
3777 WEST ROAD
EAST LANSING, MI 48823
* $ 1,569,230,000 5 $ 230,000
CAPITAL MORTGAGE FUNDING, LLC
17170 WEST 12 MILE ROAD
SOUTHFIELD, MI 48076
* $ 10,000,000 5 $ 647,000
AMERA MORTGAGE CORPORATION
1050 CORPORATE OFFICE DR #200
MILFORD, MI 48381
* $ 1,300,000,000 5 $ 553,000
BANK OF ANN ARBOR
1333 W ANN ARBOR ROAD
PLYMOUTH, MI 48185
* $ 489,167,000 4 $ 594,000
WOLVERINE BANK FSB
5710 EASTMAN AVE
MIDLAND, MI 48640
* $ 318,836,000 4 $ 930,000
PRIMELENDING, A PLAINSCAPITAL COMPANY
18111 PRESTON ROAD SUITE 900
DALLAS, TX 75252
* $ 3,930,807,000 4 $ 578,000
THE HUNTINGTON NATIONAL BANK
7575 HUNTINGTON PARK DR
COLUMBUS, OH 43235
* $ 53,586,626,000 4 $ 183,000
METLIFE BANK, N.A.
334 MADISON AVENUE
CONVENT STATION, NJ 07961
* $ 10,273,647,000 3 $ 418,000
COMERICA BANK
500 WOODWARD AVE - MC 3352
DETROIT, MI 48226
* $ 67,597,552,000 3 $ 409,000
MIDFIRST BANK
501 NW GRAND BLVD.
OKLAHOMA CITY, OK 73118
* $ 14,649,039,000 3 $ 225,000
PARAMOUNT BANK
31000 NORTHWESTERN HWY., #200
FARMINGTON HILLS, MI 48334
* $ 277,998,000 3 $ 557,000
MEMBER FIRST MORTGAGE, LLC
616 44TH STREET SE
GRAND RAPIDS, MI 49548
* $ 11,800,000 3 $ 381,000
TAYLOR, BEAN & WHITAKER
315 NE 14TH STREET
OCALA, FL 34470
* $ 10,000,000 3 $ 330,000
EMBRACE HOME LOANS, INC.
25 ENTERPRISE CENTER
MIDDLETOWN, RI 02842
* $ 10,000,000 3 $ 164,000
ENVOY MORTGAGE, LTD
5100 WESTHEIMER RD, STE 320
HOUSTON, TX 77056
* $ 10,000,000 3 $ 270,000
EVERBANK
8100 NATIONS WAY
JACKSONVILLE, FL 32256
* $ 7,047,356,000 3 $ 513,000
ONEWEST BANK, FSB
888 EAST WALNUT ST
PASADENA, CA 91101
* $ 36,000,000,000 2 $ 250,000
EVERHOME MORTGAGE COMPANY
8100 NATIONS WAY
JACKSONVILLE, FL 32256
* $ 3,027,261,000 2 $ 307,000
MEIJER CREDIT UNION
2410 GAYNOR AVE. NW
GRAND RAPIDS, MI 49544
* $ 50,787,000 2 $ 289,000
D & R MORTGAGE CORP
29870 MIDDLEBELT ROAD
FARMINGTON HILLS, MI 48334
* $ 10,000,000 2 $ 263,000
FIRST PLACE BANK
185 EAST MARKET
WARREN, OH 44481
* $ 3,311,463,000 2 $ 372,000
FREEDOM MORTGAGE CORP.
10500 KINCAID DR. STE. 300
FISHERS, IN 46037
* $ 10,000,000 2 $ 255,000
AMERISAVE MORTGAGE CORPORATION
3525 PIEDMONT RD NE, 8 PIEDMONT CTR STE
ATLANTA, GA 30305
* $ 8,994,122,000 2 $ 202,000
TOWNE MORTGAGE COMPANY
2170 E. BIG BEAVER ROAD, SUITE A
TROY, MI 48083
* $ 10,000,000 2 $ 251,000
VAN DYK MORTGAGE CORPORATION
2449 CAMELOT CT SE
GRAND RAPIDS, MI 49546
* $ 10,000,000 2 $ 128,000
TRANEX FINANCIAL INC.
26200 AMERICAN DRIVE
SOUTHFIELD, MI 48034
* $ 10,000,000 2 $ 385,000
FRANKLIN AMERICAN MORTGAGE CO
501 CORPORATE CENTRE DRIVE, SUITE 400
FRANKLIN, TN 37067
* $ 10,000,000 2 $ 320,000
HFC COMPANY LLC
26525 NORTH RIVERWOODS BLVD.
METTAWA, IL 60045
* $ 15,000,000 2 $ 281,000
FIRSBANK - ALMA
311 WOODWORTH AVE
ALMA, MI 48846
* $ 261,342,000 2 $ 30,000
CHIPPEWA VALLEY BANK
15755 W COUNTY ROAD B
HAYWARD, WI 54843
* $ 201,171,000 2 $ 220,000
NPB MORTGAGE LLC
3333 DEPOSIT DRIVE NE
GRAND RAPIDS, MI 49546
* $ 145,000,000 2 $ 35,000
FIRST STATE MORTGAGE SERVICES, LLC
502 N HERSHEY ROAD
BLOOMINGTON, IL 61704
* $ 327,995,000 2 $ 169,000
MERRILL LYNCH CREDIT CORP
4500 PARK GRANADA CA7-910-01-24
CALABASAS, CA 91302
* $ 2,223,299,000 2 $ 302,000
INDEPENDENT BANK
4200 EAST BELTLINE
GRAND RAPIDS, MI 49525
* $ 2,953,214,000 2 $ 61,000
US BANK NORTH DAKOTA
777 EAST WISCONSIN AVE
MILWAUKEE, WI 53202
* $ 4,858,594,000 2 $ 140,000
ASSOCIATED BANK, N.A.
200 N ADAMS ST
GREEN BAY, WI 54301
* $ 23,843,152,000 2 $ 144,000
SOUTH CENTRAL BANK, NATIONAL ASSOCIATION
525 W ROOSEVELT RD
CHICAGO, IL 60607
* $ 213,972,000 2 $ 22,000
KEYBANK NATIONAL ASSOCIATION
100 PUBLIC SQUARE STE 600 OH-01-10-06006
CLEVELAND, OH 44113
* $ 101,868,610,000 2 $ 125,000
EAGLE NATIONAL BANK
8045 WEST CHESTER PIKE
UPPER DARBY, PA 19082
* $ 258,044,000 1 $ 142,000
RBS CITIZENS, N.A.
ONE CITIZENS PLAZA
PROVIDENCE, RI 02903
* $ 129,725,957,000 1 $ 35,000
STERLING NATIONAL MORTGAGE CO.
98 CUTTERMILL RD
GREAT NECK, NY 11021
* $ 964,388,000 1 $ 214,000
HORIZON BANK, N.A.
515 FRANKLIN ST
MICHIGAN CITY, IN 46360
* $ 1,304,420,000 1 $ 20,000
FIRST TENNESSEE BANK NA
165 MADISON 5TH FLOOR
MEMPHIS, TN 38103
* $ 30,786,926,000 1 $ 81,000
CAPITAL ONE HOME LOANS, LLC
12800 FOSTER STREET
OVERLAND PARK, KS 66213
* $ 88,701,411,000 1 $ 266,000
ACCESS NATIONAL MORTGAGE CORP
1800 ROBERT FULTON DR, SUITE 350
RESTON, VA 20191
* $ 10,000,000 1 $ 127,000
CAPWEST MORTGAGE CORPORATION
14231 METCALF AVE. STE. 200
OVERLAND PARK, KS 66223
* $ 629,176,000 1 $ 59,000
HSBC MORTGAGE CORP
2929 WALDEN AVE
DEPEW, NY 14043
* $ 92,958,000 1 $ 123,000
PROPERTYMORTGAGE.COM
8137 GRAND RIVER AVE UNIT 5
BRIGHTON, MI 48114
* $ 2,223,299,000 1 $ 82,000
THUMB NATIONAL MORTGAGE LLC
7254 MICHIGAN AVE
PIGEON, MI 48755
* $ 181,354,000 1 $ 77,000
FIRST NATIONAL ACCEPTANCE COMPANY
241 EAST SAGINAW/P.O. BOX 980
EAST LANSING, MI 48826
* $ 10,498,000 1 $ 67,000
BYRON BANK
2445 84TH STREET SW
BYRON CENTER, MI 49316
* $ 837,948,000 1 $ 113,000
SUNTRUST MORTGAGE, INC
901 SEMMES AVENUE
RICHMOND, VA 23224
* $ 185,098,787,000 1 $ 236,000
USNY BANK
389 HAMILTON STREET
GENEVA, NY 14456
* $ 49,672,000 1 $ 87,000
MERCANTILE BANK MTG CO LLC
4613 ALPINE AVE NW
COMSTOCK PARK, MI 49321
* $ 698,000,000 1 $ 110,000
UNITED BANK MORTGAGE CORPORATI
900 EAST PARIS AVE SE
GRAND RAPIDS, MI 49546
* $ 264,000,000 1 $ 30,000
STATE FARM BANK
1 STATE FARM PLAZA
BLOOMINGTON, IL 61710
* $ 16,669,297,000 1 $ 72,000
AMERICAN BANK
9001 EDMONSTON ROAD, SUITE 100
GREENBELT, MD 20770
* $ 529,592,000 1 $ 141,000
WACHOVIA MORTGAGE FSB
TONYA YOUNG 100 N MAIN ST MAC D4001-063
WINSTON-SALEM, NC 27101
* $ 69,166,325,000 1 $ 80,000
ADMIRALS BANK FORMER DOMESTIC
815 RESERVOIR AVE
CRANSTON, RI 02910
* $ 248,819,000 1 $ 21,000
NEW YORK COMMUNITY BANK
1 JERICHO PLAZA
JERICHO, NY 11753
* $ 30,307,736,000 1 $ 114,000
FIRST MARINER BANK
3301 BOSTON STREET
BALTIMORE, MD 21224
* $ 1,196,580,000 1 $ 121,000
FIDELITY BANK
22290 MICHIGAN AVENUE
DEARBORN, MI 48124
* $ 1,119,647,000 1 $ 40,000
SIGNATURE BANK
1 E HURON AVE
BAD AXE, MI 48413
* $ 269,525,000 1 $ 918,000
1ST STATE FINANCIAL, LTD.
PO BOX 1468
SAGINAW, MI 48605
* $ 137,981,000 1 $ 85,000
THE DART BANK
368 S. PARK ST.
MASON, MI 48854
* $ 266,772,000 1 $ 40,000
EQUIFIRST CORPORATION
13000 S TRYON ST, STE F, PMB 317
CHARLOTTE, NC 28278
* $ 279,777,049,000 1 $ 41,000
PROVIDENT FUNDING ASSOCIATES, L.P.
851 TRAEGER AVENUE, SUITE 100
SAN BRUNO, CA 94066
* $ 10,000,000 1 $ 66,000
IFREEDOM DIRECT CORPORATION
124 N. CHARLES LINDBERGH DRIVE
SLC, UT 84116
* $ 10,000,000 1 $ 124,000
MERIDIAS CAPITAL INCORPORATED
P.O. BOX 241429
CHARLOTTE, NC 28273
* $ 10,000,000 1 $ 86,000
NATIONWIDE ADVANTAGE MORTGAGE
1100 LOCUST ST
DES MOINES, IA 50391
* $ 31,000,000 1 $ 100,000
SHORE MORTGAGE
770 S. ADAMS ROAD #300
BIRMINGHAM, MI 48009
* $ 10,000,000 1 $ 175,000
AMERICAN INTERNET MORTGAGE, INC.
4121 CAMINO DEL RIO SOUTH
SAN DIEGO, CA 92108
* $ 10,000,000 1 $ 42,000
MOUNTAIN STATES MORTGAGE
1333 E 9400 S
SANDY, UT 84093
* $ 10,000,000 1 $ 144,000
MORTGAGE NOW, INC.
1161 BROAD ST SUITE 212
SHREWSBURY, NJ 07702
* $ 10,000,000 1 $ 128,000
AMERICAN FIDELITY MORTGAGE SERVICES, INC.
4200 COMMERCE COURT, SUITE 200
LISLE, IL 60532
* $ 10,000,000 1 $ 113,000
FIRST GUARANTY MORTGAGE CORPORATION
1900 GALLOWS ROAD, SUITE 800
TYSONS CORNER, VA 22182
* $ 10,000,000 1 $ 88,000
PRIMARY RESIDENTIAL MORTGAGE
4750 W WILEY POST WAY SUITE 200
SALT LAKE CITY, UT 84116
* $ 10,000,000 1 $ 139,000
RESIDENTIAL FINANCE CORP.
401 N. FRONT STREET, SUITE 300
COLUMBUS, OH 43215
* $ 17,533,484,000 1 $ 193,000
LAKE MICHIGAN CREDIT UNION
PO BOX 2848
GRAND RAPIDS, MI 49501
* $ 1,488,726,000 1 $ 86,000
NEW DAY FINANCIAL, LLC
8160 MAPLE LAWN BLVD.
FULTON, MD 20759
* $ 4,088,336,000 1 $ 135,000
AMERICAN GENERAL FIN.SERV.(DE)
601 N.W. SECOND STREET, P.O. BOX 59
EVANSVILLE, IN 47701
* $ 10,000,000 1 $ 20,000
PLAZA HOME MORTGAGE, INC
5090 SHOREHAM PLACE, SUITE #206
SAN DIEGO, CA 92122
* $ 10,000,000 1 $ 128,000
FIRST OHIO BANC & LENDING INC
6100 ROCKSIDE WOODS BLVD
INDEPENDENCE, OH 44131
* $ 10,000,000 1 $ 198,000
QR LENDING INC
555 ZOR SHRINE PLACE
MADISON, WI 53719
* $ 1,093,327,000 1 $ 47,000
NFCU
820 FOLLIN LANE
VIENNA, VA 22180
* $ 36,351,625,000 1 $ 5,000
DFCU FINANCIAL
400 TOWN CENTER DRIVE
DEARBORN, MI 48126
* $ 2,140,880,000 1 $ 72,000
DORT FINANCIAL CREDIT UNION
9048 HOLLY ROAD
GRAND BLANC, MI 48439
* $ 380,561,000 1 $ 85,000
ING BANK, FSB
1 SOUTH ORANGE STREET
WILMINGTON, DE 19801
* $ 82,416,721,000 1 $ 150,000
HOMESTEAD SAVINGS BANK
415 S SUPERIOR ST
ALBION, MI 49224
* $ 82,669,000 1 $ 120,000
ADVENTURE CREDIT UNION
630 32ND ST SE
GRAND RAPIDS, MI 49548
* $ 237,779,000 1 $ 132,000
CONSUMERS PROFESSIONAL CREDIT UNION
525 W WILLOW STREET
LANSING, MI 48906
* $ 69,735,000 1 $ 32,000
VIBE CREDIT UNION
1375 N OAKLAND BLVD
WATERFORD, MI 48327
* $ 140,126,000 1 $ 6,000
UNITED FINANCIAL CREDIT UNION
4685 STATE ST.
SAGINAW, MI 48603
* $ 103,219,000 1 $ 83,000
ALLIANCE CATHOLIC CREDIT UNION
26913 NORTHWESTERN HWY STE 520
SOUTHFIELD, MI 48033
* $ 232,504,000 1 $ 82,000
LAKE TRUST CREDIT UNION
4605 S OLD US HIGHWAY 23
BRIGHTON, MI 48114
* $ 665,197,000 1 $ 27,000
MICHIGAN SCHOOLS AND GOVERNMENT
40400 GARFIELD ROAD
CLINTON TOWNSHIP, MI 48038
* $ 924,359,000 1 $ 59,000
WEST MICHIGAN CREDIT UNION
1319 FRONT AVE NW
GRAND RAPIDS, MI 49504
* $ 87,621,000 1 $ 34,000

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 Isabella County MI in 2009

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 1,871 $246,224,000 $131,000 $11,000,000 $68,000 $999,000
Home Purchase 638 $61,743,000 $96,000 $650,000 $50,000 $860,000
Home Improvement 117 $4,752,000 $40,000 $229,000 $65,000 $480,000

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 1,906 $208,281,000 $109,000 $800,000 $64,000 $860,000
Not Provided 339 $37,649,000 $111,000 $856,000 $77,000 $999,000
Not applicable 246 $47,124,000 $191,000 $11,000,000 $16,000 $204,000
American Indian or Alaskan Native 81 $11,328,000 $139,000 $377,000 $103,000 $475,000
Asian 21 $4,489,000 $213,000 $660,000 $144,000 $675,000
Hispanic 21 $2,274,000 $108,000 $280,000 $71,000 $333,000
Black or African American 12 $1,574,000 $131,000 $218,000 $117,000 $411,000
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) 2,010 $243,385,000 $121,000 $11,000,000 $72,000 $999,000
FHA-insured (Federal Housing Administration) 514 $58,098,000 $113,000 $276,000 $36,000 $187,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 72 $6,838,000 $94,000 $180,000 $27,000 $66,000
VA-guaranteed (Veterans Administration) 30 $4,398,000 $146,000 $255,000 $25,000 $114,000

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 1,547 $194,173,000 $125,000 $11,000,000 $71,000 $890,000
Loan Purchased By The Institution 395 $42,378,000 $107,000 $400,000 $27,000 $388,000
Application Denied By Financial Institution 346 $37,824,000 $109,000 $564,000 $61,000 $999,000
Application Approved But Not Accepted 173 $19,612,000 $113,000 $327,000 $78,000 $467,000
Application Withdrawn By Applicant 141 $16,515,000 $117,000 $650,000 $71,000 $678,000
File Closed For Incompleteness 24 $2,217,000 $92,000 $221,000 $46,000 $126,000
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 65 $8,186,000 $125,000 $276,000 $86,000 $675,000
Credit History 58 $4,443,000 $76,000 $280,000 $47,000 $150,000
Other 28 $4,173,000 $149,000 $327,000 $69,000 $266,000
Debt-To-Income Ratio 27 $2,823,000 $104,000 $377,000 $74,000 $999,000
Credit Application Incomplete 12 $1,408,000 $117,000 $266,000 $59,000 $110,000
Insufficient Cash (Downpayment, Closing Cost) 6 $816,000 $136,000 $186,000 $62,000 $119,000
Employment History 3 $209,000 $69,000 $81,000 $18,000 $41,000
Unverifiable Information 2 $320,000 $160,000 $237,000 $57,000 $64,000
Mortgage Insurance Denied 1 $20,000 $20,000 $20,000 $76,000 $76,000

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