Lake County MI
Mortgage Loan Application
Totals and Details
for 2017
Find mortgage statistics and lending data for the Lake 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 Lake 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 | 459 |
| Total Mortgage Loan Application Amount | $41,501,000 |
| Average Mortgage Loan Application Amount | $90,000 |
| Highest Mortgage Loan Application Amount | $544,000 |
| Average Applicant Income | $72,000 |
| Highest Applicant Income | $800,000 |
* 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 |
|---|---|---|---|---|
| THE HUNTINGTON NATIONAL BANK 7 EASTON OVAL EA5C242 COLUMBUS, OH 43219 |
* | $ 99,554,985,000 | 31 | $ 2,579,000 |
| LAKE MICHIGAN CREDIT UNION PO BOX 2848 GRAND RAPIDS, MI 49501 |
* | $ 4,823,232,000 | 30 | $ 3,040,000 |
| INDEPENDENT BANK 4200 EAST BELTLINE GRAND RAPIDS, MI 49525 |
* | $ 2,537,351,000 | 21 | $ 2,453,000 |
| CHEMICAL BANK 333 E MAIN STREET MIDLAND, MI 48640 |
* | $ 17,284,293,000 | 21 | $ 1,760,000 |
| WEST MICHIGAN CREDIT UNION 1319 FRONT AVE NW GRAND RAPIDS, MI 49504 |
* | $ 158,743,000 | 15 | $ 764,000 |
| AMERIFIRST FINANCIAL CORPORATION 950 TRADE CENTRE WAY SUITE 400 KALAMAZOO, MI 49009 |
* | $ -1,000 | 15 | $ 1,297,000 |
| FIFTH THIRD MORTGAGE-MI, LLC 5001 KINGSLEY DRIVE MD 1MOB2W CINCINNATI, OH 45227 |
* | $ -1,000 | 14 | $ 1,201,000 |
| FIFTH THIRD MORTGAGE COMPANY 5001 KINGSLEY DRIVE MD 1MOB2W CINCINNATI, OH 45227 |
* | $ -1,000 | 9 | $ 832,000 |
| PREFERRED CREDIT UNION 3767 SPARKS DR SE GRAND RAPIDS, MI 49546 |
* | $ 162,333,000 | 9 | $ 492,000 |
| NATIONSTAR MORTGAGE LLC 8950 CYPRESS WATERS BLVD. COPPELL, TX 75019 |
* | $ -1,000 | 9 | $ 1,050,000 |
| DITECH FINANCIAL LLC 1100 VIRGINIA DRIVE, SUITE 100 FORT WASHINGTON, PA 19034 |
* | $ -1,000 | 8 | $ 809,000 |
| FIFTH THIRD BANK 38 FOUNTAIN SQUARE MD1090K1 CINCINNATI, OH 45263 |
* | $ 139,776,168,000 | 8 | $ 277,000 |
| JPMORGAN CHASE BANK, NATIONAL ASSOCIATION 1111 POLARIS PARKWAY COLUMBUS, OH 43240 |
* | $ 2,082,803,000,000 | 8 | $ 1,073,000 |
| TOP FLITE FINANCIAL, INC. 123 E GRAND RIVER AVE WILLIAMSTON, MI 48895 |
* | $ -1,000 | 7 | $ 761,000 |
| PNC BANK, NATIONAL ASSOCIATION 249 FIFTH AVE. MS P1-POPP-22-2 PITTSBURGH, PA 15222 |
* | $ 355,999,734,000 | 6 | $ 319,000 |
| UNITED SHORE FINANCIAL SERVICES, LLC 1414 EAST MAPLE ROAD TROY, MI 48083 |
* | $ -1,000 | 6 | $ 536,000 |
| MORTGAGE 1 INCORPORATED 43456 MOUND ROAD STERLING HEIGHTS, MI 49314 |
* | $ -1,000 | 6 | $ 430,000 |
| LOANDEPOT.COM, LLC 26642 TOWNE CENTRE DRIVE FOOTHILL RANCH, CA 92610 |
* | $ -1,000 | 6 | $ 510,000 |
| MEMBER FIRST MORTGAGE, LLC 616 44TH STREET SE GRAND RAPIDS, MI 49548 |
* | $ -1,000 | 6 | $ 366,000 |
| CALIBER HOME LOANS, INC. 1525 S. BELTLINE ROAD COPPELL, TX 75019 |
* | $ -1,000 | 5 | $ 705,000 |
| MERCANTILE BANK OF MICHIGAN 310 LEONARD ST NW GRAND RAPIDS, MI 49504 |
* | $ 3,062,597,000 | 5 | $ 505,000 |
| WELLS FARGO BANK, NATIONAL ASSOCIATION 100 N MAIN STREET MAC D4001-042 WINSTON-SALEM, NC 27150 |
* | $ 1,727,235,000,000 | 5 | $ 466,000 |
| NEW DAY FINANCIAL, LLC 8160 MAPLE LAWN BLVD. FULTON, MD 20759 |
* | $ -1,000 | 4 | $ 831,000 |
| FREEDOM MORTGAGE CORPORATION 10500 KINCAID DRIVE FISHERS, IN 46037 |
* | $ -1,000 | 4 | $ 249,000 |
| OLD NATIONAL BANK ONE MAIN STREET EVANSVILLE, IN 47708 |
* | $ 14,759,060,000 | 4 | $ 751,000 |
| VAN DYK MORTGAGE CORPORATION 2449 CAMELOT CT SE GRAND RAPIDS, MI 49546 |
* | $ -1,000 | 4 | $ 387,000 |
| GREENSTONE FARM CREDIT SERVICES, FLCA 3515 WEST RD EAST LANSING, MI 48823 |
* | $ -1,000 | 4 | $ 482,000 |
| 21ST MORTGAGE CORPORATION 620 MARKET ST SUITE 100 KNOXVILLE, TN 37902 |
* | $ -1,000 | 3 | $ 191,000 |
| NORTHPOINTE BANK 3333 DEPOSIT DRIVE NE GRAND RAPIDS, MI 49546 |
* | $ 587,672,000 | 3 | $ 212,000 |
| LOW VA RATES, LLC 384 SOUTH 400 WEST, #100 LINDON, UT 84042 |
* | $ 89,030,433,000 | 3 | $ 344,000 |
| FLAGSTAR BANK, FSB 5151 CORPORATE DRIVE TROY, MI 48098 |
* | $ 13,980,496,000 | 3 | $ 143,000 |
| MORTGAGE CENTER L.C 29621 NORTHWESTERN HWY SOUTHFIELD, MI 48034 |
* | $ -1,000 | 3 | $ 146,000 |
| CONSUMERS PO BOX 525 OSHTEMO, MI 49077 |
* | $ 809,891,000 | 3 | $ 245,000 |
| MEMBERS FIRST CREDIT UNION PO BOX 2165 MIDLAND, MI 48641 |
* | $ 390,656,000 | 3 | $ 152,000 |
| USAA FEDERAL SAVINGS BANK 10750 MCDERMOTT FREEWAY SAN ANTONIO, TX 78288 |
* | $ 77,760,914,000 | 3 | $ 224,000 |
| ROYAL UNITED MORTGAGE LLC 7999 KNUE RD. STE 300 INDIANAPOLIS, IN 46250 |
* | $ -1,000 | 3 | $ 377,000 |
| NAVY FEDERAL CREDIT UNION 820 FOLLIN LANE VIENNA, VA 22180 |
* | $ 79,775,662,000 | 3 | $ 239,000 |
| J. VIRGIL, INC. G3404 MILLER ROAD FLINT, MI 48507 |
* | $ -1,000 | 3 | $ 203,000 |
| DISCOVER BANK 12 READS WAY NEW CASTLE, DE 19720 |
* | $ 91,146,995,000 | 3 | $ 119,000 |
| MICHIGAN STATE UNIVERSITY FEDERAL CREDIT UNION 3777 WEST ROAD EAST LANSING, MI 48823 |
* | $ 3,413,046,000 | 3 | $ 178,000 |
| FIRST GUARANTY MORTGAGE CORPORATION 1900 GALLOWS ROAD, SUITE 800 TYSONS CORNER, VA 22182 |
* | $ -1,000 | 3 | $ 472,000 |
| CHOICEONE BANK 109 E. DIVISION ST. SPARTA, MI 49345 |
* | $ 603,892,000 | 3 | $ 265,000 |
| GUARANTEED RATE, INC. 3940 NORTH RAVENSWOOD AVE CHICAGO, IL 60613 |
* | $ -1,000 | 3 | $ 298,000 |
| ISABELLA BANK 139 E. BROADWAY MT. PLEASANT, MI 48858 |
* | $ 1,677,874,000 | 3 | $ 311,000 |
| PENNYMAC LOAN SERVICES, LLC 3043 TOWNSGATE ROAD WESTLAKE VILLAGE, CA 91361 |
* | $ -1,000 | 3 | $ 306,000 |
| THE DART BANK 368 S. PARK ST. MASON, MI 48854 |
* | $ 378,516,000 | 3 | $ 438,000 |
| FINANCE OF AMERICA MORTGAGE LLC 300 WELSH ROAD BUILDING 5 HORSHAM, PA 19044 |
* | $ -1,000 | 3 | $ 269,000 |
| COMMUNITY WEST CREDIT UNION 4045 60TH ST SE KENTWOOD, MI 49512 |
* | $ 177,867,000 | 2 | $ 76,000 |
| WEST MICHIGAN COMMUNITY BANK 5367 SCHOOL AVE. HUDSONVILLE, MI 49426 |
* | $ 395,528,000 | 2 | $ 204,000 |
| AMERICAN ADVISORS GROUP 3800 W.CHAPMAN SUITE 300 ORANGE, CA 92868 |
* | $ -1,000 | 2 | $ 78,000 |
| UNITED 2807 SOUTH STATE ST SAINT JOSEPH, MI 49085 |
* | $ 2,252,297,000 | 2 | $ 178,000 |
| CHURCHILL MORTGAGE CORPORATION 761 OLD HICKORY BLVD SUITE 400 BRENTWOOD, TN 37027 |
* | $ -1,000 | 2 | $ 199,000 |
| 360 MORTGAGE GROUP, LLC 11305 FOUR POINTS DRIVE, BLDG 1, #200 AUSTIN, TX 78726 |
* | $ -1,000 | 2 | $ 228,000 |
| AMERICAN FINANCIAL RESOURCES, INC. 9 SYLVAN WAY PARSIPPANY, NJ 07054 |
* | $ -1,000 | 2 | $ 224,000 |
| COMMUNITY FIRST 9637 N GREENVILLE RD LAKEVIEW, MI 48850 |
* | $ 47,301,000 | 2 | $ 119,000 |
| HFG HOLDINGS, LLC 888 W BIG BEAVER RD, SUITE 800 TROY, MI 48084 |
* | $ 412,902,000 | 2 | $ 165,000 |
| VILLAGE CAPITAL & INVESTMENT LLC 2863 ST. ROSE PARKWAY HENDERSON, NV 89052 |
* | $ -1,000 | 2 | $ 191,000 |
| CITIMORTGAGE, INC. 1 COURT SQUARE, 43RD FLOOR LONG ISLAND CITY, NY 11120 |
* | $ -1,000 | 2 | $ 109,000 |
| HANTZ BANK 26200 AMERICAN DRIVE, 2ND FLOOR SOUTHFIELD, MI 48034 |
* | $ 218,345,000 | 2 | $ 197,000 |
| SUMMIT FUNDING, INC. 2241 HARVARD ST, SUITE 200 SACRAMENTO, CA 95815 |
* | $ -1,000 | 2 | $ 137,000 |
| CITIBANK, NATIONAL ASSOCIATION 1 COURT SQUARE,43RD FLOOR LONG ISLAND CITY, NY 11120 |
* | $ 1,349,581,000,000 | 2 | $ 110,000 |
| BANK OF AMERICA, NATIONAL ASSOCIATION 31303 AGOURA RD CA6-917-01-20 WESTLAKE VILLAGE, CA 91361 |
* | $ 1,677,490,000,000 | 2 | $ 149,000 |
| GENISYS 2100 EXECUTIVE HILLS BLVD AUBURN HILLS, MI 48326 |
* | $ 2,204,471,000 | 2 | $ 120,000 |
| CITIZENS BANK, NATIONAL ASSOCIATION ONE CITIZENS PLAZA PROVIDENCE, RI 02903 |
* | $ 116,939,799,000 | 1 | $ 75,000 |
| SECURITY CREDIT UNION 5255 SECURITY PARK BLVD HOLLY, MI 48442 |
* | $ 411,405,000 | 1 | $ 10,000 |
| CASE 4316 S PENNSYLVANIA AVE LANSING, MI 48911 |
* | $ 274,540,000 | 1 | $ 76,000 |
| ARBOR FINANCIAL CREDIT UNION 1551 SOUTH 9TH STREET KALAMAZOO, MI 49009 |
* | $ 479,182,000 | 1 | $ 78,000 |
| MACATAWA BANK PO BOX 3119 HOLLAND, MI 49422 |
* | $ 1,739,408,000 | 1 | $ 51,000 |
| CARRINGTON MORTGAGE SERVICES, LLC 1600 SO. DOUGLASS RD, SUITES 110 & 200A ANAHEIM, CA 92806 |
* | $ -1,000 | 1 | $ 42,000 |
| HOMESTEAD FUNDING CORP. 8 AIRLINE DRIVE ALBANY, NY 12205 |
* | $ -1,000 | 1 | $ 48,000 |
| BROKER SOLUTIONS, INC. 14511 MYFORD ROAD, SUITE 100 TUSTIN, CA 92780 |
* | $ -1,000 | 1 | $ 68,000 |
| SUCCESS MORTGAGE PARTNERS, INC. 1200 S. SHELDON RD. PLYMOUTH, MI 48170 |
* | $ -1,000 | 1 | $ 75,000 |
| HONOR CREDIT UNION EDGEWOOD RD BERRIEN SPRINGS, MI 49103 |
* | $ 713,122,000 | 1 | $ 38,000 |
| MORTGAGE RESEARCH CENTER, LLC 1400 VETERANS UNITED DR. COLUMBIA, MO 65203 |
* | $ -1,000 | 1 | $ 60,000 |
| FRANKLIN AMERICAN MORTGAGE COMPANY 6100 TOWER CIRCLE SUITE 600 FRANKLIN, TN 37067 |
* | $ -1,000 | 1 | $ 126,000 |
| POLARIS HOME FUNDING CORP. 151 44TH ST. SW GRANDVILLE, MI 49418 |
* | $ -1,000 | 1 | $ 71,000 |
| AMERISAVE MORTGAGE CORPORATION 3525 PIEDMONT RD NE, 8 PIEDMONT CTR STE ATLANTA, GA 30305 |
* | $ -1,000 | 1 | $ 80,000 |
| U.S. BANK NATIONAL ASSOCIATION 425 WALNUT STREET CINCINNATI, OH 45202 |
* | $ 441,010,095,000 | 1 | $ 43,000 |
| COLONIAL SAVINGS, F.A. P O BOX 2988 FORT WORTH, TX 76113 |
* | $ 1,186,502,000 | 1 | $ 142,000 |
| FIRSTBANK 11 CHANNING WAY JACKSON, TN 38305 |
* | $ 3,275,430,000 | 1 | $ 119,000 |
| AMERIHOME MORTGAGE COMPANY, LLC 21215 BURBANK BLVD, SUITE 400 WOODLAND HILLS, CA 91367 |
* | $ -1,000 | 1 | $ 61,000 |
| AAC CREDIT UNION 904 BROADWAY NW GRAND RAPIDS, MI 49504 |
* | $ 134,344,000 | 1 | $ 40,000 |
| COUNTY NATIONAL BANK ONE SOUTH HOWELL ST HILLSDALE, MI 49242 |
* | $ 570,063,000 | 1 | $ 29,000 |
| MICHIGAN FIRST MORTGAGE INC 6501 HIGHLAND RD WATERFORD, MI 48327 |
* | $ -1,000 | 1 | $ 47,000 |
| THE STATE BANK 175 N LEROY ST FENTON, MI 48430 |
* | $ 703,070,000 | 1 | $ 69,000 |
| MONROE COUNTY COMMUNITY CREDIT UNION 715 N TELEGRAPH ROAD MONROE, MI 48162 |
* | $ 188,196,000 | 1 | $ 32,000 |
| FIRST NATIONAL BANK OF AMERICA 241 EAST SAGINAW EAST LANSING, MI 48823 |
* | $ 1,121,439,000 | 1 | $ 61,000 |
| GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION 100 PHOENIX DR, STE 300 ANN ARBOR, MI 48108 |
* | $ -1,000 | 1 | $ 85,000 |
| FORBRIGHT BANK 6701 DEMOCRACY BLVD, SUITE 400 BETHESDA, MD 20817 |
* | $ 835,262,000 | 1 | $ 134,000 |
| PLAZA HOME MORTGAGE, INC. 4820 EASTGATE MALL, STE 100 SAN DIEGO, CA 92121 |
* | $ -1,000 | 1 | $ 59,000 |
| COMERICA BANK 411 W LAFAYETTE BLVD DETROIT, MI 48226 |
* | $ 73,018,220,000 | 1 | $ 97,000 |
| MICHIGAN EDUCATIONAL 9200 HAGGERTY ROAD PLYMOUTH, MI 48170 |
* | $ 763,343,000 | 1 | $ 144,000 |
| TIAA, FSB 501 RIVERSIDE AVENUE JACKSONVILLE, FL 32202 |
* | $ 27,829,056,000 | 1 | $ 48,000 |
| UNITED BANK OF MICHIGAN 900 EAST PARIS AVE SE GRAND RAPIDS, MI 49546 |
* | $ 614,359,000 | 1 | $ 63,000 |
| PERL MORTGAGE, INC. 2936 WEST BELMONT AVE CHICAGO, IL 60618 |
* | $ -1,000 | 1 | $ 193,000 |
| THE FIRST STATE BANK PO BOX 295 BARBOURSVILLE, WV 25504 |
* | $ 216,651,000 | 1 | $ 121,000 |
| LAFCU 106 N MARKETPLACE BLVD LANSING, MI 48917 |
* | $ 631,997,000 | 1 | $ 93,000 |
| DOW CHEMICAL EMPLOYEES' 600 E. LYON ROAD P.O. BOX 1649 MIDLAND, MI 48641 |
* | $ 1,528,748,000 | 1 | $ 134,000 |
| CIRCLE FEDERAL CREDIT UNION 507 E MAIN ST NILES, MI 49120 |
* | $ 55,127,000 | 1 | $ 67,000 |
| AMERICAN FINANCING CORPORATION 3045 S PARKER RD BUILDING B AURORA, CO 80014 |
* | $ -1,000 | 1 | $ 110,000 |
| PFCU 9077 CHARLOTTE HWY PORTLAND, MI 48875 |
* | $ 294,128,000 | 1 | $ 48,000 |
| CROSSCOUNTRY MORTGAGE, INC. 6850 MILLER RD BRECKSVILLE, OH 44141 |
* | $ -1,000 | 1 | $ 124,000 |
| TRIAD FINANCIAL SERVICES, INC. 13901 SUTTON PARK DRIVE SOUTH, SUITE 300 JACKSONVILLE, FL 32224 |
* | $ -1,000 | 1 | $ 46,000 |
| COMMERCIAL BANK 301 N. STATE ST ALMA, MI 48801 |
* | $ 399,364,000 | 1 | $ 51,000 |
| TOWNE MORTGAGE COMPANY 2170 E. BIG BEAVER ROAD, SUITE A TROY, MI 48083 |
* | $ -1,000 | 1 | $ 123,000 |
| GRAND RIVER BANK 4471 WILSON AVENUE SW GRANDVILLE, MI 49418 |
* | $ 195,377,000 | 1 | $ 221,000 |
| ADMIRALS BANK 15 PARK ROW WEST PROVIDENCE, RI 02903 |
* | $ 392,980,000 | 1 | $ 65,000 |
| STATE FARM BANK, F.S.B. 1 STATE FARM PLAZA E-6 BLOOMINGTON, IL 61710 |
* | $ 18,252,081,000 | 1 | $ 90,000 |
| MY PERSONAL 1414 BURTON SW WYOMING, MI 49509 |
* | $ 127,843,000 | 1 | $ 43,000 |
| FIRST FINANCIAL BANK 255 EAST FIFTH STREET SUITE 900 CINCINNATI, OH 45202 |
* | $ 8,422,140,000 | 1 | $ 105,000 |
| PACOR MORTGAGE CORP. 14930 CICERO AVE OAK FOREST, IL 60452 |
* | $ -1,000 | 1 | $ 87,000 |
| MARSHALL COMMUNITY CREDIT UNION 839 W GREEN ST MARSHALL, MI 49068 |
* | $ 179,437,000 | 1 | $ 24,000 |
| RUOFF MORTGAGE COMPANY, INC. 1700 MAGNAVOX WAY SUITE 220 FORT WAYNE, IN 46804 |
* | $ -1,000 | 1 | $ 58,000 |
| DRAPER AND KRAMER MORTGAGE CORP. 1431 OPUS PLACE SUITE 200 DOWNERS GROVE, IL 60515 |
* | $ -1,000 | 1 | $ 190,000 |
| UNION HOME MORTGAGE CORP. 8241 DOW CIRCLE STRONGSVILLE, OH 44136 |
* | $ -1,000 | 1 | $ 30,000 |
| MB FINANCIAL BANK, NATIONAL ASSOCIATION 6111 N. RIVER ROAD ROSEMONT, IL 60018 |
* | $ 19,227,800,000 | 1 | $ 213,000 |
| ENVOY MORTGAGE, LTD 5100 WESTHEIMER RD, STE 320 HOUSTON, TX 77056 |
* | $ -1,000 | 1 | $ 129,000 |
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 Lake County MI in 2017
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 |
|---|---|---|---|---|---|---|
| Home Purchase | 239 | $22,673,000 | $94,000 | $424,000 | $75,000 | $564,000 |
| Refinancing | 173 | $17,142,000 | $99,000 | $544,000 | $71,000 | $800,000 |
| Home Improvement | 47 | $1,686,000 | $35,000 | $150,000 | $59,000 | $175,000 |
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 | 347 | $31,717,000 | $91,000 | $544,000 | $79,000 | $800,000 |
| Not Provided | 55 | $5,116,000 | $93,000 | $221,000 | $67,000 | $234,000 |
| Not applicable | 32 | $3,034,000 | $94,000 | $280,000 | $9,000 | $147,000 |
| Black or African American | 11 | $586,000 | $53,000 | $118,000 | $63,000 | $138,000 |
| Hispanic | 7 | $433,000 | $61,000 | $129,000 | $73,000 | $153,000 |
| American Indian or Alaskan Native | 5 | $380,000 | $76,000 | $153,000 | $55,000 | $161,000 |
| Asian | 2 | $235,000 | $117,000 | $122,000 | $117,000 | $165,000 |
| 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) | 349 | $31,220,000 | $89,000 | $544,000 | $84,000 | $800,000 |
| FHA-insured (Federal Housing Administration) | 62 | $5,024,000 | $81,000 | $242,000 | $32,000 | $103,000 |
| VA-guaranteed (Veterans Administration) | 35 | $4,075,000 | $116,000 | $306,000 | $35,000 | $161,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) | 13 | $1,182,000 | $90,000 | $134,000 | $27,000 | $74,000 |
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 | 249 | $23,333,000 | $93,000 | $544,000 | $87,000 | $727,000 |
| Application Denied By Financial Institution | 83 | $5,777,000 | $69,000 | $306,000 | $52,000 | $200,000 |
| Application Withdrawn By Applicant | 57 | $6,011,000 | $105,000 | $424,000 | $68,000 | $309,000 |
| Loan Purchased By The Institution | 40 | $3,994,000 | $99,000 | $280,000 | $17,000 | $191,000 |
| File Closed For Incompleteness | 19 | $1,396,000 | $73,000 | $162,000 | $58,000 | $251,000 |
| Application Approved But Not Accepted | 11 | $990,000 | $90,000 | $139,000 | $134,000 | $800,000 |
| 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 | 18 | $1,212,000 | $67,000 | $225,000 | $73,000 | $177,000 |
| Collateral | 15 | $1,116,000 | $74,000 | $195,000 | $52,000 | $119,000 |
| Debt-To-Income Ratio | 10 | $523,000 | $52,000 | $106,000 | $46,000 | $200,000 |
| Other | 6 | $509,000 | $84,000 | $207,000 | $31,000 | $45,000 |
| Credit Application Incomplete | 4 | $446,000 | $111,000 | $160,000 | $62,000 | $98,000 |
| Unverifiable Information | 2 | $211,000 | $105,000 | $174,000 | $99,000 | $107,000 |
| Insufficient Cash (Downpayment, Closing Cost) | 1 | $44,000 | $44,000 | $44,000 | $49,000 | $49,000 |
| Mortgage Insurance Denied | 0 | $0 | $0 | $0 | $0 | $0 |
| Employment History | 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.