Lake County MI
Mortgage Loan Application
Totals and Details
for 2018
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 | 539 |
| Total Mortgage Loan Application Amount | $50,395,000 |
| Average Mortgage Loan Application Amount | $93,000 |
| Highest Mortgage Loan Application Amount | $405,000 |
| Average Applicant Income | $79,000 |
| Highest Applicant Income | $1,066,000 |
* 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 |
* | $ 104,052,030,000 | 51 | $ 4,125,000 |
| LAKE MICHIGAN CREDIT UNION PO BOX 2848 GRAND RAPIDS, MI 49501 |
* | $ 5,221,804,000 | 39 | $ 3,305,000 |
| CHEMICAL BANK 333 E MAIN STREET MIDLAND, MI 48640 |
* | $ 19,236,876,000 | 32 | $ 3,520,000 |
| FIFTH THIRD MORTGAGE COMPANY 5001 KINGSLEY DRIVE MD 1MOB2W CINCINNATI, OH 45227 |
* | $ -1,000 | 23 | $ 2,235,000 |
| AMERIFIRST FINANCIAL CORPORATION 950 TRADE CENTRE WAY SUITE 400 KALAMAZOO, MI 49009 |
* | $ -1,000 | 17 | $ 1,675,000 |
| WEST MICHIGAN CREDIT UNION 1319 FRONT AVE NW GRAND RAPIDS, MI 49504 |
* | $ 158,828,000 | 17 | $ 915,000 |
| FIFTH THIRD BANK 38 FOUNTAIN SQUARE MD1090K1 CINCINNATI, OH 45263 |
* | $ 140,077,697,000 | 15 | $ 825,000 |
| FIFTH THIRD MORTGAGE-MI, LLC 5001 KINGSLEY DRIVE MD 1MOB2W CINCINNATI, OH 45227 |
* | $ -1,000 | 15 | $ 1,225,000 |
| UNITED SHORE FINANCIAL SERVICES, LLC 1414 EAST MAPLE ROAD TROY, MI 48083 |
* | $ -1,000 | 13 | $ 1,405,000 |
| WELLS FARGO BANK, NATIONAL ASSOCIATION 100 N MAIN STREET MAC D4001-042 WINSTON-SALEM, NC 27150 |
* | $ 1,747,398,000,000 | 13 | $ 1,115,000 |
| INDEPENDENT BANK 4200 EAST BELTLINE GRAND RAPIDS, MI 49525 |
* | $ 2,780,041,000 | 13 | $ 1,785,000 |
| JPMORGAN CHASE BANK, NATIONAL ASSOCIATION 1111 POLARIS PARKWAY COLUMBUS, OH 43240 |
* | $ 2,140,778,000,000 | 11 | $ 885,000 |
| LOANDEPOT.COM, LLC 26642 TOWNE CENTRE DRIVE FOOTHILL RANCH, CA 92610 |
* | $ -1,000 | 10 | $ 930,000 |
| MORTGAGE 1 INCORPORATED 43456 MOUND ROAD STERLING HEIGHTS, MI 49314 |
* | $ -1,000 | 9 | $ 925,000 |
| PNC BANK, NATIONAL ASSOCIATION 249 FIFTH AVE. MS P1-POPP-22-2 PITTSBURGH, PA 15222 |
* | $ 370,002,264,000 | 9 | $ 435,000 |
| DITECH FINANCIAL LLC 1100 VIRGINIA DRIVE, SUITE 100 FORT WASHINGTON, PA 19034 |
* | $ -1,000 | 7 | $ 405,000 |
| CHOICEONE BANK 109 E. DIVISION ST. SPARTA, MI 49345 |
* | $ 642,816,000 | 7 | $ 665,000 |
| LENDINGONE, LLC 901 YAMATO RD #150 BOCA RATON, FL 33431 |
* | $ -1,000 | 6 | $ 700,000 |
| MEMBERS FIRST CREDIT UNION PO BOX 2165 MIDLAND, MI 48641 |
* | $ 475,693,000 | 5 | $ 315,000 |
| NATIONSTAR MORTGAGE LLC 8950 CYPRESS WATERS BLVD. COPPELL, TX 75019 |
* | $ -1,000 | 5 | $ 735,000 |
| NORTHPOINTE BANK 3333 DEPOSIT DRIVE NE GRAND RAPIDS, MI 49546 |
* | $ 827,634,000 | 5 | $ 745,000 |
| FLAGSTAR BANK, FSB 5151 CORPORATE DRIVE TROY, MI 48098 |
* | $ 16,855,693,000 | 5 | $ 715,000 |
| PENNYMAC LOAN SERVICES, LLC 3043 TOWNSGATE ROAD WESTLAKE VILLAGE, CA 91361 |
* | $ -1,000 | 4 | $ 390,000 |
| FINANCE OF AMERICA MORTGAGE LLC 300 WELSH ROAD BUILDING 5 HORSHAM, PA 19044 |
* | $ -1,000 | 4 | $ 410,000 |
| FREEDOM MORTGAGE CORPORATION 10500 KINCAID DRIVE FISHERS, IN 46037 |
* | $ -1,000 | 4 | $ 360,000 |
| AMERICAN ADVISORS GROUP 3800 W.CHAPMAN SUITE 300 ORANGE, CA 92868 |
* | $ -1,000 | 3 | $ 95,000 |
| J. VIRGIL, INC. G3404 MILLER ROAD FLINT, MI 48507 |
* | $ -1,000 | 3 | $ 255,000 |
| THE DART BANK 368 S. PARK ST. MASON, MI 48854 |
* | $ 397,925,000 | 3 | $ 585,000 |
| MILL CITY CREDIT UNION 10653 WAYZATA BLVD MINNETONKA, MN 55305 |
* | $ 335,597,000 | 3 | $ 285,000 |
| USAA FEDERAL SAVINGS BANK 10750 MCDERMOTT FREEWAY SAN ANTONIO, TX 78288 |
* | $ 80,522,766,000 | 3 | $ 295,000 |
| MORTGAGE RESEARCH CENTER, LLC 1400 VETERANS UNITED DR. COLUMBIA, MO 65203 |
* | $ -1,000 | 3 | $ 405,000 |
| MORTGAGE CENTER L.C 29621 NORTHWESTERN HWY SOUTHFIELD, MI 48034 |
* | $ -1,000 | 3 | $ 165,000 |
| BANK OF AMERICA, NATIONAL ASSOCIATION 31303 AGOURA RD CA6-917-01-20 WESTLAKE VILLAGE, CA 91361 |
* | $ 1,751,524,000,000 | 3 | $ 575,000 |
| NEWREZ LLC 4000 CHEMICAL ROAD SUITE 200 PLYMOUTH MEETING, PA 19462 |
* | $ -1,000 | 3 | $ 175,000 |
| CREDIT UNION ONE 400 E NINE MILE RD FERNDALE, MI 48220 |
* | $ 1,144,824,000 | 3 | $ 115,000 |
| HOMEWARD RESIDENTIAL, INC. 16675 ADDISON ROAD ADDISON, TX 75001 |
* | $ -1,000 | 3 | $ 195,000 |
| NEW DAY FINANCIAL, LLC 8160 MAPLE LAWN BLVD. FULTON, MD 20759 |
* | $ -1,000 | 3 | $ 355,000 |
| MACATAWA BANK PO BOX 3119 HOLLAND, MI 49422 |
* | $ 1,888,700,000 | 3 | $ 315,000 |
| ARK-LA-TEX FINANCIAL SERVICES, LLC. 5160 TENNYSON PKWY STE 1000 PLANO, TX 75024 |
* | $ -1,000 | 3 | $ 405,000 |
| MERCANTILE BANK OF MICHIGAN 310 LEONARD ST NW GRAND RAPIDS, MI 49504 |
* | $ 3,266,805,000 | 3 | $ 355,000 |
| HFG HOLDINGS, LLC 888 W BIG BEAVER RD, SUITE 800 TROY, MI 48084 |
* | $ -1,000 | 3 | $ 305,000 |
| DFCU FINANCIAL 400 TOWN CENTER DRIVE DEARBORN, MI 48126 |
* | $ 4,628,126,000 | 3 | $ 95,000 |
| AMERICAN FINANCIAL RESOURCES, INC. 9 SYLVAN WAY PARSIPPANY, NJ 07054 |
* | $ -1,000 | 3 | $ 195,000 |
| CITIZENS BANK, NATIONAL ASSOCIATION ONE CITIZENS PLAZA PROVIDENCE, RI 02903 |
* | $ 121,995,997,000 | 3 | $ 205,000 |
| WEST MICHIGAN COMMUNITY BANK 5367 SCHOOL AVE. HUDSONVILLE, MI 49426 |
* | $ 431,531,000 | 2 | $ 240,000 |
| GERBER FEDERAL CREDIT UNION 508 STATE STREET PO BOX 116 FREMONT, MI 49412 |
* | $ 145,743,000 | 2 | $ 180,000 |
| U.S. BANK NATIONAL ASSOCIATION 425 WALNUT STREET CINCINNATI, OH 45202 |
* | $ 456,025,829,000 | 2 | $ 240,000 |
| PENTAGON FEDERAL CREDIT UNION 7940 JONES BRANCH DRIVE TYSONS, VA 22102 |
* | $ 22,858,876,000 | 2 | $ 70,000 |
| BARRINGTON BANK & TRUST COMPANY, N.A. 201 S. HOUGH STREET BARRINGTON, IL 60010 |
* | $ 2,002,887,000 | 2 | $ 180,000 |
| CONSUMERS PO BOX 525 OSHTEMO, MI 49077 |
* | $ 934,275,000 | 2 | $ 180,000 |
| UNITED 2807 SOUTH STATE ST SAINT JOSEPH, MI 49085 |
* | $ 2,602,670,000 | 2 | $ 150,000 |
| HONOR CREDIT UNION EDGEWOOD RD BERRIEN SPRINGS, MI 49103 |
* | $ 852,608,000 | 2 | $ 170,000 |
| CALIBER HOME LOANS, INC. 1525 S. BELTLINE ROAD COPPELL, TX 75019 |
* | $ -1,000 | 2 | $ 230,000 |
| BAY EQUITY LLC 28 LIBERTY SHIPWAY SUITE 2800 SAUSALITO, CA 94965 |
* | $ -1,000 | 2 | $ 190,000 |
| MICHIGAN STATE UNIVERSITY FEDERAL CREDIT UNION 3777 WEST ROAD EAST LANSING, MI 48823 |
* | $ 3,846,080,000 | 2 | $ 130,000 |
| MBANK 130 S CEDAR ST MANISTIQUE, MI 49854 |
* | $ 983,761,000 | 2 | $ 150,000 |
| TOP FLITE FINANCIAL, INC. 123 E GRAND RIVER AVE WILLIAMSTON, MI 48895 |
* | $ -1,000 | 2 | $ 200,000 |
| UNION HOME MORTGAGE CORP. 8241 DOW CIRCLE STRONGSVILLE, OH 44136 |
* | $ -1,000 | 2 | $ 200,000 |
| NORTHERN MORTGAGE SERVICES, LLC 3714 28TH ST SW GRANDVILLE, MI 49418 |
* | $ -1,000 | 2 | $ 230,000 |
| NATIONS LENDING CORPORATION 4 SUMMIT PARK DR STE 200 INDEPENDENCE, OH 44131 |
* | $ -1,000 | 2 | $ 250,000 |
| GREENSTONE FARM CREDIT SERVICES, FLCA 3515 WEST RD EAST LANSING, MI 48823 |
* | $ -1,000 | 2 | $ 170,000 |
| EMM LOANS LLC 3 EXECUTIVE CAMPUS, SUITE 520 CHERRY HILL, NJ 08002 |
* | $ -1,000 | 2 | $ 190,000 |
| GUARANTEED RATE, INC. 3940 NORTH RAVENSWOOD AVE CHICAGO, IL 60613 |
* | $ -1,000 | 2 | $ 170,000 |
| 21ST MORTGAGE CORPORATION 620 MARKET ST SUITE 100 KNOXVILLE, TN 37902 |
* | $ -1,000 | 2 | $ 70,000 |
| MYCUMORTGAGE, LLC 3560 PENTAGON BLVD. SUITE 301 BEAVERCREEK, OH 45431 |
* | $ -1,000 | 1 | $ 115,000 |
| TEXAS CAPITAL BANK, NATIONAL ASSOCIATION 2000 MCKINNEY AVE SUITE 700 DALLAS, TX 75201 |
* | $ 25,054,739,000 | 1 | $ 175,000 |
| BROKER SOLUTIONS, INC. 14511 MYFORD ROAD, SUITE 100 TUSTIN, CA 92780 |
* | $ -1,000 | 1 | $ 85,000 |
| TRIUMPH BANK 1780 MORIAH WOODS BLVD., SUITE 4 MEMPHIS, TN 38117 |
* | $ 722,208,000 | 1 | $ 145,000 |
| ONE REVERSE MORTGAGE, LLC 4445 EASTGATE MALL, SUITE 320 SAN DIEGO, CA 92121 |
* | $ -1,000 | 1 | $ 35,000 |
| ARC HOME LLC 2010 CORPORATE RIDGE STE 750 MCLEAN, VA 22102 |
* | $ -1,000 | 1 | $ 75,000 |
| AMERIHOME MORTGAGE COMPANY, LLC 21215 BURBANK BLVD, SUITE 400 WOODLAND HILLS, CA 91367 |
* | $ -1,000 | 1 | $ 85,000 |
| ARBOR FINANCIAL CREDIT UNION 1551 SOUTH 9TH STREET KALAMAZOO, MI 49009 |
* | $ 523,721,000 | 1 | $ 25,000 |
| FIRSTBANK 11 CHANNING WAY JACKSON, TN 38305 |
* | $ 4,724,296,000 | 1 | $ 335,000 |
| THE LOAN STORE, INC. 222 KEARNY STREET, SUITE 650 SAN FRANCISCO, CA 94108 |
* | $ -1,000 | 1 | $ 95,000 |
| ALLIED MORTGAGE GROUP, INC. 225 E. CITY AVENUE, SUITE 102 BALA CYNWYD, PA 19004 |
* | $ -1,000 | 1 | $ 175,000 |
| NAVY FEDERAL CREDIT UNION 820 FOLLIN LANE VIENNA, VA 22180 |
* | $ 90,565,764,000 | 1 | $ 145,000 |
| CP FINANCIAL CREDIT UNION 1100 CLINTON RD JACKSON, MI 49202 |
* | $ 428,820,000 | 1 | $ 155,000 |
| UNITED BANK OF MICHIGAN 900 EAST PARIS AVE SE GRAND RAPIDS, MI 49546 |
* | $ 615,919,000 | 1 | $ 95,000 |
| HOMEBRIDGE FINANCIAL SERVICES, INC. 194 WOOD AVE S, 9TH FLOOR ISELIN, NJ 08830 |
* | $ -1,000 | 1 | $ 165,000 |
| COUNTY NATIONAL BANK ONE SOUTH HOWELL ST HILLSDALE, MI 49242 |
* | $ 621,791,000 | 1 | $ 15,000 |
| SOUTHWEST STAGE FUNDING, LLC 3345 S. VAL VISTA DRIVE, SUITE 300 GILBERT, AZ 85297 |
* | $ -1,000 | 1 | $ 85,000 |
| ADMIRALS BANK 15 PARK ROW WEST PROVIDENCE, RI 02903 |
* | $ 287,783,000 | 1 | $ 25,000 |
| FIRST INTERNET BANK OF INDIANA 11201 USA PARKWAY FISHERS, IN 46037 |
* | $ 2,764,317,000 | 1 | $ 65,000 |
| MARSHALL COMMUNITY CREDIT UNION 839 W GREEN ST MARSHALL, MI 49068 |
* | $ 187,960,000 | 1 | $ 25,000 |
| VILLAGE CAPITAL & INVESTMENT LLC 2863 ST. ROSE PARKWAY HENDERSON, NV 89052 |
* | $ -1,000 | 1 | $ 95,000 |
| GRAND RIVER BANK 4471 WILSON AVENUE SW GRANDVILLE, MI 49418 |
* | $ 223,151,000 | 1 | $ 125,000 |
| MY PERSONAL 1414 BURTON SW WYOMING, MI 49509 |
* | $ 132,971,000 | 1 | $ 35,000 |
| MICHIGAN FIRST CREDIT UNION 27000 EVERGREEN LATHRUP VILLAGE, MI 48076 |
* | $ 863,455,000 | 1 | $ 135,000 |
| SECURITY CREDIT UNION 5255 SECURITY PARK BLVD HOLLY, MI 48442 |
* | $ 415,591,000 | 1 | $ 35,000 |
| GREENSTONE FARM CREDIT SERVICES, ACA 5285 W US-223 ADRIAN, MI 49221 |
* | $ -1,000 | 1 | $ 25,000 |
| MOVEMENT MORTGAGE, LLC 8024 CALVIN HALL ROAD INDIAN LAND, SC 29707 |
* | $ -1,000 | 1 | $ 45,000 |
| J.G. WENTWORTH HOME LENDING, LLC 3350 COMMISSION COURT WOODBRIDGE, VA 22192 |
* | $ -1,000 | 1 | $ 65,000 |
| FAY SERVICING, LLC 400 S. LA SALLE STREET, STE 2000 CHICAGO, IL 60605 |
* | $ -1,000 | 1 | $ 105,000 |
| UNIVERSITY OF MICHIGAN CREDIT UNION 340 E. HURON ANN ARBOR, MI 48104 |
* | $ 793,669,000 | 1 | $ 115,000 |
| BETTER MORTGAGE CORPORATION 459 BROADWAY, FLOOR 5 NEW YORK, NY 10013 |
* | $ -1,000 | 1 | $ 205,000 |
| IMPAC MORTGAGE CORP. 19500 JAMBOREE RD IRVINE, CA 92612 |
* | $ -1,000 | 1 | $ 75,000 |
| TIAA, FSB 501 RIVERSIDE AVENUE JACKSONVILLE, FL 32202 |
* | $ 34,298,273,000 | 1 | $ 305,000 |
| FIRST FEDERAL BANK OF THE MIDWEST 601 CLINTON STREET DEFIANCE, OH 43512 |
* | $ 2,967,866,000 | 1 | $ 55,000 |
| UNION BANK 933 FOURTH AVE LAKE ODESSA, MI 48849 |
* | $ 177,616,000 | 1 | $ 285,000 |
| TOWNE MORTGAGE COMPANY 2170 E. BIG BEAVER ROAD, SUITE A TROY, MI 48083 |
* | $ -1,000 | 1 | $ 45,000 |
| PLAZA HOME MORTGAGE, INC. 4820 EASTGATE MALL, STE 100 SAN DIEGO, CA 92121 |
* | $ -1,000 | 1 | $ 55,000 |
| LIBERTY SAVINGS BANK, F.S.B. 3435 AIRBORNE RD, STE B WILMINGTON, OH 45177 |
* | $ 637,492,000 | 1 | $ 205,000 |
| SECURED INVESTMENT CORP. 701 E FRONT AVE COEUR D'ALENE, ID 83814 |
* | $ -1,000 | 1 | $ 65,000 |
| ISABELLA BANK 139 E. BROADWAY MT. PLEASANT, MI 48858 |
* | $ 1,761,016,000 | 1 | $ 45,000 |
| FIRST NATIONAL BANK OF AMERICA 241 EAST SAGINAW EAST LANSING, MI 48823 |
* | $ 1,364,710,000 | 1 | $ 85,000 |
| DIRECTIONS CREDIT UNION, INC. 5121 WHITEFORD ROAD SYLVANIA, OH 43560 |
* | $ 715,175,000 | 1 | $ 45,000 |
| FIRST GUARANTY MORTGAGE CORPORATION 1900 GALLOWS ROAD, SUITE 800 TYSONS CORNER, VA 22182 |
* | $ -1,000 | 1 | $ 245,000 |
| SUCCESS MORTGAGE PARTNERS, INC. 1200 S. SHELDON RD. PLYMOUTH, MI 48170 |
* | $ -1,000 | 1 | $ 205,000 |
| HURON VALLEY FINANCIAL, INC. 2395 OAK VALLEY DRIVE, SUITE 200 ANN ARBOR, MI 48103 |
* | $ -1,000 | 1 | $ 45,000 |
| PREFERRED CREDIT UNION 3767 SPARKS DR SE GRAND RAPIDS, MI 49546 |
* | $ 167,403,000 | 1 | $ 155,000 |
| LIVE WELL FINANCIAL, INC. 1011 BOULDER SPRINGS DRIVE RICHMOND, VA 23225 |
* | $ -1,000 | 1 | $ 55,000 |
| CROSSCOUNTRY MORTGAGE, INC. 6850 MILLER RD BRECKSVILLE, OH 44141 |
* | $ -1,000 | 1 | $ 105,000 |
| SUN WEST MORTGAGE COMPANY, INC. 18000 STUDEBAKER ROAD, SUITE 200 CERRITOS, CA 90703 |
* | $ -1,000 | 1 | $ 155,000 |
| BLG HOLDINGS, INC. 2353 S. LINDEN RD. SUITE A FLINT, MI 48532 |
* | $ -1,000 | 1 | $ 115,000 |
| COMMUNITY FIRST 9637 N GREENVILLE RD LAKEVIEW, MI 48850 |
* | $ 55,959,000 | 1 | $ 65,000 |
| REVERSE MORTGAGE FUNDING LLC 1455 BROAD ST., 2ND FL BLOOMFIELD, NJ 07003 |
* | $ -1,000 | 1 | $ 45,000 |
| MEMBER FIRST MORTGAGE, LLC 616 44TH STREET SE GRAND RAPIDS, MI 49548 |
* | $ -1,000 | 1 | $ 105,000 |
| CIRCLE FEDERAL CREDIT UNION 507 E MAIN ST NILES, MI 49120 |
* | $ 56,463,000 | 1 | $ 45,000 |
| DISCOVER BANK 12 READS WAY NEW CASTLE, DE 19720 |
* | $ 98,729,134,000 | 1 | $ 125,000 |
| THE UNION BANK COMPANY 105 PROGRESSIVE DRIVE COLUMBUS GROVE, OH 45830 |
* | $ 778,829,000 | 1 | $ 175,000 |
| THE SHELBY STATE BANK 242 N MICHIGAN AVE SHELBY, MI 49455 |
* | $ 252,265,000 | 1 | $ 65,000 |
| THE MONEY SOURCE INC. 135 MAXESS ROAD MELVILLE, NY 11747 |
* | $ -1,000 | 1 | $ 205,000 |
| COLONIAL SAVINGS, F.A. P O BOX 2988 FORT WORTH, TX 76113 |
* | $ 969,487,000 | 1 | $ 85,000 |
| HIGHPOINT COMMUNITY BANK 150 W COURT ST HASTINGS, MI 49058 |
* | $ 326,145,000 | 1 | $ 105,000 |
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 2018
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 | 264 | $27,290,000 | $103,000 | $365,000 | $86,000 | $616,000 |
| Refinancing | 97 | $8,855,000 | $91,000 | $325,000 | $76,000 | $432,000 |
| Cash-out Refinancing | 87 | $8,405,000 | $96,000 | $405,000 | $67,000 | $425,000 |
| Home Improvement | 49 | $2,975,000 | $60,000 | $365,000 | $57,000 | $210,000 |
| Other Purpose | 39 | $2,435,000 | $62,000 | $305,000 | $104,000 | $1,066,000 |
| Not Applicable | 3 | $435,000 | $145,000 | $235,000 | $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 | 413 | $38,355,000 | $92,000 | $405,000 | $77,000 | $627,000 |
| Not Provided | 59 | $5,845,000 | $99,000 | $335,000 | $95,000 | $1,066,000 |
| Not applicable | 40 | $4,380,000 | $109,000 | $335,000 | $0 | $0 |
| Black or African American | 22 | $1,480,000 | $67,000 | $155,000 | $78,000 | $204,000 |
| Hispanic | 2 | $170,000 | $85,000 | $85,000 | $53,000 | $78,000 |
| American Indian or Alaskan Native | 2 | $80,000 | $40,000 | $55,000 | $24,000 | $28,000 |
| Native Hawaiian or Other Pacific Islander | 1 | $85,000 | $85,000 | $85,000 | $125,000 | $125,000 |
| Asian | 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) | 417 | $38,365,000 | $92,000 | $405,000 | $88,000 | $1,066,000 |
| FHA-insured (Federal Housing Administration) | 63 | $5,765,000 | $91,000 | $245,000 | $53,000 | $425,000 |
| VA-guaranteed (Veterans Administration) | 43 | $4,755,000 | $110,000 | $195,000 | $45,000 | $85,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) | 16 | $1,510,000 | $94,000 | $125,000 | $39,000 | $55,000 |
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 | 292 | $28,750,000 | $98,000 | $405,000 | $85,000 | $627,000 |
| Application Denied By Financial Institution | 112 | $8,490,000 | $75,000 | $365,000 | $68,000 | $1,066,000 |
| Application Withdrawn By Applicant | 55 | $5,425,000 | $98,000 | $205,000 | $64,000 | $275,000 |
| Loan Purchased By The Institution | 39 | $4,305,000 | $110,000 | $335,000 | $92,000 | $269,000 |
| File Closed For Incompleteness | 21 | $1,795,000 | $85,000 | $205,000 | $97,000 | $432,000 |
| Application Approved But Not Accepted | 20 | $1,630,000 | $81,000 | $175,000 | $75,000 | $237,000 |
| 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 |
|---|---|---|---|---|---|---|
| Not applicable | 410 | $40,160,000 | $97,000 | $405,000 | $82,000 | $627,000 |
| Debt-To-Income Ratio | 40 | $3,690,000 | $92,000 | $365,000 | $67,000 | $502,000 |
| Credit History | 39 | $2,155,000 | $55,000 | $185,000 | $86,000 | $1,066,000 |
| Collateral | 32 | $3,190,000 | $99,000 | $205,000 | $79,000 | $425,000 |
| Credit Application Incomplete | 10 | $750,000 | $75,000 | $155,000 | $47,000 | $120,000 |
| Other | 6 | $350,000 | $58,000 | $115,000 | $59,000 | $120,000 |
| Employment History | 1 | $55,000 | $55,000 | $55,000 | $23,000 | $23,000 |
| Insufficient Cash (Downpayment, Closing Cost) | 1 | $45,000 | $45,000 | $45,000 | $11,000 | $11,000 |
| Mortgage Insurance Denied | 0 | $0 | $0 | $0 | $0 | $0 |
| Unverifiable Information | 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.