Leelanau County MI
Mortgage Loan Application
Totals and Details
for 2008

Find mortgage statistics and lending data for the Leelanau 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 Leelanau 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 1,139
Total Mortgage Loan Application Amount $268,903,000
Average Mortgage Loan Application Amount $236,000
Highest Mortgage Loan Application Amount $2,487,000
Average Applicant Income $120,000
Highest Applicant Income $3,285,000

Mortgage Company List for Lending in Leelanau County MI for 2008

* 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
7575 HUNTINGTON PARK DR
COLUMBUS, OH 43235
* $ 54,098,791,000 196 $ 41,440,000
FIFTH THIRD MORTGAGE, MI LLC
5001 KINGSLEY DRIVE MD 1MOB2W
CINCINNATI, OH 45227
* $ 48,969,650,000 105 $ 26,729,000
JPMORGAN CHASE BANK, NA
1111 POLARIS PARKWAY
COLUMBUS, OH 43240
* $ 1,318,888,000,000 101 $ 29,597,000
FIFTH THIRD MORTGAGE COMPANY
5001 KINGSLEY DRIVE MD 1MOB2W
CINCINNATI, OH 45227
* $ 61,450,273,000 90 $ 21,244,000
COUNTRYWIDE BANK FSB
30930 RUSSELL RANCH ROAD MS CA6-916-02-0
WESTLAKE VILLAGE, CA 91362
* $ 121,054,736,000 86 $ 18,234,000
WELLS FARGO BANK, NA
1 HOME CAMPUS, 4TH FLOOR, MAC X2301-042
DES MOINES, IA 50328
* $ 467,861,000,000 36 $ 10,525,000
GMAC MORTGAGE LLC
1100 VIRGINIA DRIVE
FT. WASHINGTON, PA 19034
* $ 31,000,000 33 $ 6,933,000
NATIONAL CITY BANK
1900 E NINTH ST LOC 01-3144
CLEVELAND, OH 44114
* $ 138,755,343,000 32 $ 8,117,000
FIFTH THIRD BANK MICHIGAN
5001 KINGSLEY DRIVE MD 1MOB2W
CINCINNATI, OH 45227
* $ 53,421,606,000 32 $ 4,354,000
FLAGSTAR BANK
5151 CORPORATE DR
TROY, MI 48098
* $ 15,757,171,000 27 $ 6,814,000
CITIMORTGAGE, INC
601 LEXINGTON AVENUE, 20TH FLOOR
NEW YORK, NY 10022
* $ 1,019,497,000,000 19 $ 3,624,000
CITICORP TRUST BANK, FSB
601 LEXINGTON AVENUE, 20TH FLOOR
NEW YORK, NY 10022
* $ 18,878,056,000 18 $ 2,723,000
BANK OF AMERICA, N.A.
4500 PARK GRANADA
CALABASAS, CA 91302
* $ 1,312,794,218,000 15 $ 4,081,000
ALLY BANK F/K/A/ GMAC BANK
1100 VIRGINIA DRIVE
FT. WASHINGTON, PA 19034
* $ 28,404,352,000 14 $ 3,718,000
US BANK, N.A.
777 EAST WISCONSIN AVE
MILWAUKEE, WI 53202
* $ 232,759,503,000 13 $ 3,090,000
CITIZENS BANK
328 S SAGINAW ST
FLINT, MI 48502
* $ 12,524,748,000 10 $ 2,477,000
PHH MORTGAGE CORPORATION
1 MORTGAGE WAY
MT LAUREL, NJ 08054
* $ 31,000,000 10 $ 2,401,000
HOMECOMINGS FINANCIAL LLC
1100 VIRGINIA DRIVE
FT. WASHINGTON, PA 19034
* $ 10,000,000 9 $ 1,652,000
CHEMICAL BANK
333 E MAIN STREET
MIDLAND, MI 48640
* $ 3,746,851,000 9 $ 1,964,000
INDEPENDENT MORTGAGE CO
230 W MAIN ST
IONIA, MI 48846
* $ 3,268,684,000 9 $ 2,542,000
HFC COMPANY LLC
26525 NORTH RIVERWOODS BLVD.
METTAWA, IL 60045
* $ 15,000,000 8 $ 1,498,000
USAA FEDERAL SAVINGS BANK
10750 MCDERMOTT FREEWAY
SAN ANTONIO, TX 78288
* $ 30,219,506,000 8 $ 1,783,000
PROVIDENT FUNDING ASSOCIATES, L.P.
851 TRAEGER AVENUE, SUITE 100
SAN BRUNO, CA 94066
* $ 10,000,000 8 $ 1,959,000
BIRMINGHAM BANCORP MORTGAGE
6230 ORCHARD LAKE ROAD
WEST BLOOMFIELD, MI 48322
* $ 10,000,000 8 $ 1,040,000
ARBOR MORTGAGE CORPORATION
2311 EAST BELTLINE AVE SE 200
GRAND RAPIDS, MI 49546
* $ 15,555,000 7 $ 1,149,000
AMTRUST BANK
1801 E. 9TH ST #200
CLEVELAND, OH 44114
* $ 16,938,391,000 7 $ 1,904,000
BRANCH BANKING AND TRUST CO
223 W NASH STREET
WILSON, NC 27893
* $ 127,698,351,000 7 $ 1,447,000
CITIFINANCIAL, INC.
300 ST. PAUL PLACE
BALTIMORE, MD 21202
* $ 1,494,037,000,000 7 $ 402,000
BENEFICIAL COMPANY LLC
26525 NORTH RIVERWOODS BLVD.
METTAWA, IL 60045
* $ 4,017,643,000 6 $ 1,195,000
WACHOVIA MORTGAGE FSB
TONYA YOUNG 100 N MAIN ST MAC D4001-063
WINSTON-SALEM, NC 27101
* $ 56,294,475,000 6 $ 1,956,000
RAYMOND JAMES BANK
710 CARILLON PKWY
ST PETERSBURG, FL 33716
* $ 6,822,561,000 5 $ 2,257,000
FIRST PLACE BANK
185 EAST MARKET
WARREN, OH 44481
* $ 33,000 5 $ 1,700,000
MERRILL LYNCH CREDIT CORP.
4804 DEER LAKE DRIVE EAST BLDG 3 FL 5
JACKSONVILLE, FL 32246
* $ 4,500,000,000 5 $ 1,866,000
TAYLOR, BEAN & WHITAKER
315 NE 14TH STREET
OCALA, FL 34470
* $ 10,000,000 5 $ 735,000
MEMBER FIRST MORTGAGE, LLC
616 44TH STREET SE
GRAND RAPIDS, MI 49548
* $ 11,800,000 5 $ 1,229,000
LAKE MICHIGAN CREDIT UNION
PO BOX 2848
GRAND RAPIDS, MI 49501
* $ 1,285,200,000 4 $ 601,000
MICHIGAN STATE UNIVERSITY FEDERAL CREDIT UNION
3777 WEST ROAD
EAST LANSING, MI 48823
* $ 1,450,443,000 4 $ 702,000
EMBRACE HOME LOANS, INC.
25 ENTERPRISE CENTER
MIDDLETOWN, RI 02842
* $ 10,000,000 4 $ 917,000
FIRST RESIDENTIAL MORTGAGE
9721 ORMSBY STATION RD.
LOUISVILLE, KY 40223
* $ 10,000,000 4 $ 582,000
GE MONEY BANK
4246 SOUTH RIVERBOAT RDCSUITE 200
SALT LAKE CITY, UT 84123
* $ 14,839,190,000 4 $ 53,000
THE BANK OF HOLLAND
150 CENTRAL AVE
HOLLAND, MI 49423
* $ 528,808,000 4 $ 1,022,000
WELLS FARGO FIN'L AMERICA, INC
800 WALNUT ST, 6TH FLOOR, MAC F4031-061
DES MOINES, IA 50309
* $ 36,752,895,000 4 $ 1,429,000
SUNTRUST MORTGAGE, INC
901 SEMMES AVENUE
RICHMOND, VA 23224
* $ 175,107,526,000 4 $ 967,000
COUNTRYWIDE HOME LOANS
30930 RUSSELL RANCH ROAD MS WLRR-148
WESTLAKE VILLAGE, CA 91362
* $ 199,946,230,000 4 $ 1,397,000
FIRST TENNESSEE BANK NA
165 MADISON 5TH FLOOR
MEMPHIS, TN 38103
* $ 36,725,591,000 4 $ 1,098,000
WELLS FARGO FIN'L MICHIGAN
800 WALNUT ST, 6TH FLOOR, MAC F4031-061
DES MOINES, IA 50309
* $ 36,752,895,000 3 $ 327,000
WELLS FARGO FUNDING, INC
100 N MAIN STREEET MAC D4001-063
WINSTON-SALEM, NC 27150
* $ 25,457,000 3 $ 752,000
MACATAWA BANK
PO BOX 3119
HOLLAND, MI 49422
* $ 2,130,869,000 3 $ 512,000
ELOAN
9600 WEST BRYN MAWR
ROSEMONT, IL 60018
* $ 48,624,000,000 3 $ 444,000
WOLVERINE BANK FSB
5710 EASTMAN AVE
MIDLAND, MI 48640
* $ 311,585,000 3 $ 696,000
GREENSTONE FARM CREDIT SERVICES, FLCA
3515 WEST RD
EAST LANSING, MI 48823
* $ 10,000,000 3 $ 488,000
NFCU
820 FOLLIN LANE
VIENNA, VA 22180
* $ 33,011,920,000 3 $ 277,000
CHARLES SCHWAB BANK
211 MAIN STREET
SAN FRANCISCO, CA 94105
* $ 14,762,983,000 3 $ 1,224,000
ING BANK, FSB
1 SOUTH ORANGE STREET
WILMINGTON, DE 19801
* $ 79,977,597,000 3 $ 1,846,000
CAPITAL MORTGAGE FUNDING, LLC
17170 WEST 12 MILE ROAD
SOUTHFIELD, MI 48076
* $ 10,000,000 3 $ 1,277,000
FRANKLIN AMERICAN MORTGAGE CO
501 CORPORATE CENTRE DRIVE, SUITE 400
FRANKLIN, TN 37067
* $ 10,000,000 3 $ 705,000
ACCREDITED HOME LENDERS, INC
15253 AVENUE OF SCIENCE BLDG 1
SAN DIEGO, CA 92128
* $ 10,000,000 3 $ 1,452,000
FREEDOM MORTGAGE CORP.
10500 KINCAID DR. STE. 300
FISHERS, IN 46037
* $ 10,000,000 2 $ 384,000
CREDIT UNION ONE
400 E NINE MILE RD
FERNDALE, MI 48220
* $ 764,137,000 2 $ 61,000
MORTGAGE CENTER L.C
29621 NORTHWESTERN HWY
SOUTHFIELD, MI 48034
* $ 30,000,000 2 $ 538,000
AMERICAN GENERAL FIN.SERV.(DE)
601 N.W. SECOND STREET, P.O. BOX 59
EVANSVILLE, IN 47701
* $ 10,000,000 2 $ 450,000
D & R MORTGAGE CORP
29870 MIDDLEBELT ROAD
FARMINGTON HILLS, MI 48334
* $ 10,000,000 2 $ 337,000
FIRSTBANK - ST JOHNS MTG CO
201 N CLINTON AVE
ST JOHNS, MI 48879
* $ 35,330,000 2 $ 453,000
FIRST STATE MORTGAGE SERVICES, LLC
502 N HERSHEY ROAD
BLOOMINGTON, IL 61704
* $ 327,995,000 2 $ 255,000
BANK OF ANN ARBOR MTGE CO, LLC
125 S. FIFTH AVENUE
ANN ARBOR, MI 48104
* $ 448,716,000 2 $ 768,000
PROGRESSIVE MORTGAGE COMPANY
125 S. FIFTH AVE.
ANN ARBOR, MI 48104
* $ 327,000,000 2 $ 1,132,000
MBANK
130 S CEDAR ST
MANISTIQUE, MI 49854
* $ 408,331,000 2 $ 283,000
STAR FINANCIAL BANK
127 WEST BERRY ST
FORT WAYNE, IN 46835
* $ 1,597,125,000 2 $ 354,000
RBS CITIZENS, N.A.
ONE CITIZENS PLAZA
PROVIDENCE, RI 02903
* $ 128,863,082,000 2 $ 961,000
AURORA BANK FSB
1271 SIXTH AVENUE, 46TH FLOOR
NEW YORK, NY 10020
* $ 16,047,364,000 2 $ 1,132,000
COLONIAL SAVINGS, F. A.
P. O. BOX 2988
FORT WORTH, TX 76113
* $ 949,331,000 2 $ 263,000
HSBC MORTGAGE CORP
2929 WALDEN AVE
DEPEW, NY 14043
* $ 92,958,000 2 $ 401,000
OLD NATIONAL BANK
1 MAIN STREET
EVANSVILLE, IN 47708
* $ 7,694,712,000 2 $ 331,000
CAPITAL ONE NA
11130 INDUSTRIALPLEX BLVD
BATON ROUGE, LA 70809
* $ 97,517,902,000 2 $ 11,000
FIRST NATIONAL BANK OF AMERICA
241 EAST SAGINAW
EAST LANSING, MI 48823
* $ 395,864,000 2 $ 240,000
KEYBANK NATIONAL ASSOCIATION
100 PUBLIC SQUARE STE 600 OH-01-10-06006
CLEVELAND, OH 44113
* $ 95,861,810,000 1 $ 51,000
NORTHERN TRUST, NA
700 BRICKELL AVE
MIAMI, FL 33131
* $ 10,625,459,000 1 $ 574,000
CAPITOL NATIONAL BANK
200 N WASHINGTON SQUARE
LANSING, MI 48933
* $ 228,908,000 1 $ 110,000
CHASE MANHATTAN BANK USA, NA
200 WHITE CLAY CENTER DR
NEWARK, DE 19711
* $ 77,748,330,000 1 $ 247,000
US BANK NORTH DAKOTA
777 EAST WISCONSIN AVE
MILWAUKEE, WI 53202
* $ 5,028,246,000 1 $ 779,000
FIRST CENTURY BANK, NATIONAL ASSOCIATION
807 DORSEY ST
GAINESVILLE, GA 30501
* $ 38,648,000 1 $ 300,000
AMERICAN HOME BANK
3840 HEMPLAND ROAD
MOUNTVILLE, PA 17554
* $ 266,050,000 1 $ 347,000
HORIZON BANK, N.A.
515 FRANKLIN ST
MICHIGAN CITY, IN 46360
* $ 1,257,937,000 1 $ 305,000
CITIBANK, N.A.
601 LEXINGTON AVENUE, 20TH FLOOR
NEW YORK, NY 10022
* $ 1,251,715,000,000 1 $ 50,000
PNC REVERSE MORTGAGE, LLC
100 N MAIN STREET MAC D4001-063
WINSTON-SALEM, NC 27150
* $ 25,000,000 1 $ 417,000
CARNEGIE MORTGAGE
2297 STATE HIGHWAY 33
HAMILTON SQUARE, NJ 08690
* $ 193,976,000 1 $ 417,000
AMERICANMTGNETWORK DBA VERTICE
TONYA YOUNG 100 N MAIN ST MAC D4001-063
WINSTON-SALEM, NC 27101
* $ 473,000,000,000 1 $ 306,000
FIRSTMERIT MORTGAGE CORP
III CASCADE PLAZA, CAS46
AKRON, OH 44308
* $ 6,000,000,000 1 $ 417,000
FIRST NATIONAL ACCEPTANCE COMPANY
241 EAST SAGINAW/P.O. BOX 980
EAST LANSING, MI 48826
* $ 10,498,000 1 $ 38,000
COMERICA BANK
500 WOODWARD AVE - MC 3352
DETROIT, MI 48226
* $ 62,539,056,000 1 $ 384,000
IRWIN UNION BANK
500 WASHINGTON ST
COLUMBUS, IN 47201
* $ 5,528,616,000 1 $ 290,000
WARREN BANK MORTGAGE COMPANY
38880 GARFIELD
CLINTON TOWNSHIP, MI 48038
* $ 638,691,000 1 $ 356,000
FIRST FEDERAL BANK
601 CLINTON STREET
DEFIANCE, OH 43512
* $ 1,599,583,000 1 $ 193,000
STERLING BANK & TRUST, FSB
ONE TOWNE SQUARE, 17TH FLOOR
SOUTHFIELD, MI 48076
* $ 678,752,000 1 $ 340,000
DOLLAR BANK, FSB
#3 GATEWAY CENTER
PITTSBURGH, PA 15222
* $ 5,385,936,000 1 $ 610,000
EASTERN SAVINGS BANK, FSB
EXEC PLAZA II - 11350 MCCORMICK RD
HUNT VALLEY, MD 21031
* $ 1,117,603,000 1 $ 260,000
EVERBANK
8100 NATIONS WAY
JACKSONVILLE, FL 32256
* $ 5,518,089,000 1 $ 446,000
WATERFIELD BANK
6903 ROCKLEDGE DRIVE, SUITE 525
BETHESDA, MD 20817
* $ 160,020,000 1 $ 305,000
MACKINAC SAVINGS BANK FSB
280 N CONGRESS AVE
BOYNTON BEACH, FL 33426
* $ 126,928,000 1 $ 417,000
MERRILL LYNCH BANK & TRUST FSB
30930 RUSSELL RANCH RD MS CA6-916-02-07
WESTLAKE VILLAGE, CA 91362
* $ 37,805,411,000 1 $ 310,000
SUMMIT COMMUNITY BANK
1600 ABBOT RD
EAST LANSING, MI 48823
* $ 155,334,000 1 $ 117,000
FIRST STATE BANK
802 MAIN ST
JOPLIN, MO 64801
* $ 150,058,000 1 $ 804,000
FIRST STATE BANK MORTGAGE CO
24300 LITTLE MACK
ST CLAIR SHORES, MI 48080
* $ 100,000,000 1 $ 204,000
BELMONT BANK & TRUST COMPANY
8250 W BELMONT AVE
CHICAGO, IL 60634
* $ 86,872,000 1 $ 446,000
MERCANTILE BANK MTG CO LLC
4613 ALPINE AVE NW
COMSTOCK PARK, MI 49321
* $ 698,000,000 1 $ 300,000
FOUNDERS MORTGAGE COMPANY LLC
5200 CASCADE ROAD SE
GRAND RAPIDS, MI 49546
* $ 197,491,000 1 $ 450,000
HOME SAVINGS OF AMERICA
35 E BROADWAY
LITTLE FALLS, MN 56345
* $ 275,851,000 1 $ 220,000
PRIMARY RESIDENTIAL MORTGAGE
4750 W WILEY POST WAY SUITE 200
SALT LAKE CITY, UT 84116
* $ 10,000,000 1 $ 89,000
PROSPECT MORTGAGE, LLC
15301 VENTURA BLVD. SUITE D300
SHERMAN OAKS, CA 91403
* $ 10,000,000 1 $ 417,000
HOME LOAN CENTER
163 TECHNOLOGY DRIVE
IRVINE, CA 92618
* $ 10,000,000 1 $ 226,000
QR LENDING INC
555 ZOR SHRINE PLACE
MADISON, WI 53719
* $ 1,093,327,000 1 $ 190,000
HALLMARK HOME MORTGAGE, LLC
7421 COLDWATER ROAD
FORT WAYNE, IN 46825
* $ 2,915,000 1 $ 107,000
STAUNTON FINANCIAL, INC.
25800 NORTHWESTERN HIGHWAY SUITE 110
SOUTHFIELD, MI 48075
* $ 10,000,000 1 $ 140,000
NEW DAY FINANCIAL, LLC
8160 MAPLE LAWN BLVD.
FULTON, MD 20759
* $ 4,088,336,000 1 $ 182,000
RESIDENTIAL FUNDING CORP. LLC
1100 VIRGINIA DRIVE
FT. WASHINGTON, PA 19034
* $ 10,000,000 1 $ 701,000
DYNAMIC CAPITAL MORTGAGE, INC
1371 BEACON STREET
BROOKLINE, MA 02446
* $ 17,029,772,000 1 $ 400,000
1ST ADVANTAGE MORTGAGE
701 E 22ND ST, STE 125
LOMBARD, IL 60148
* $ 10,000,000 1 $ 167,000
VAN DYK MORTGAGE CORPORATION
2449 CAMELOT CT SE
GRAND RAPIDS, MI 49546
* $ 10,000,000 1 $ 155,000
GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION
100 PHOENIX DR, STE 300
ANN ARBOR, MI 48108
* $ 10,000,000 1 $ 174,000
UNITED
2807 SOUTH STATE ST
SAINT JOSEPH, MI 49085
* $ 749,620,000 1 $ 220,000
HUDSON CITY SAVINGS BANK
WEST 80 CENTURY ROAD
PARAMUS, NJ 07652
* $ 44,142,119,000 1 $ 119,000
H&R BLOCK BANK
ONE H&R BLOCK WAY
KANSAS CITY, MO 64105
* $ 1,495,905,000 1 $ 60,000
WINGS FINANCIAL CREDIT UNION
14985 GLAZIER AVENUE
APPLE VALLEY, MN 55124
* $ 1,837,312,000 1 $ 60,000
WILDFIRE CREDIT UNION
6640 BAY RD
SAGINAW, MI 48604
* $ 443,804,000 1 $ 100,000
DOW CHEMICAL EMPLOYEES'
600 E. LYON ROAD P.O. BOX 1649
MIDLAND, MI 48641
* $ 1,066,680,000 1 $ 191,000
BESTSOURCE CU
1054 W HURON STREET
WATERFORD, MI 48328
* $ 117,279,000 1 $ 24,000
MICHIGAN SCHOOLS AND GOVERNMENT
40400 GARFIELD ROAD
CLINTON TOWNSHIP, MI 48038
* $ 839,762,000 1 $ 130,000
TEAM ONE CREDIT UNION
520 HAYDEN
SAGINAW, MI 48607
* $ 257,837,000 1 $ 200,000
VIBE
44575 W 12 MILE
NOVI, MI 48377
* $ 446,244,000 1 $ 170,000
WEST MICHIGAN CREDIT UNION
1319 FRONT AVE NW
GRAND RAPIDS, MI 49504
* $ 84,520,000 1 $ 5,000
NATIONWIDE MORTGAGE CONCEPTS,
40380 DESERT CREEK LANE
RANCHO MIRAGE, CA 92270
* $ 10,000,000 1 $ 99,000
SHORE MORTGAGE
770 S. ADAMS ROAD #300
BIRMINGHAM, MI 48009
* $ 10,000,000 1 $ 180,000
LENOX FINANCIAL MORTGAGE CORPORATION
200 E. SANDPOINTE SUITE 800
SANTA ANA, CA 92707
* $ 39,000,000 1 $ 80,000

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 Leelanau County MI in 2008

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 845 $200,077,000 $236,000 $2,487,000 $110,000 $3,285,000
Home Purchase 234 $61,932,000 $264,000 $1,300,000 $174,000 $1,600,000
Home Improvement 60 $6,894,000 $114,000 $671,000 $62,000 $420,000

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 968 $228,876,000 $236,000 $2,487,000 $124,000 $3,285,000
Not Provided 82 $20,461,000 $249,000 $1,504,000 $145,000 $1,600,000
Not applicable 56 $13,744,000 $245,000 $861,000 $26,000 $640,000
Hispanic 17 $3,483,000 $204,000 $450,000 $105,000 $424,000
American Indian or Alaskan Native 9 $636,000 $70,000 $157,000 $48,000 $171,000
Asian 5 $1,396,000 $279,000 $393,000 $327,000 $420,000
Black or African American 1 $130,000 $130,000 $130,000 $59,000 $59,000
Native Hawaiian or Other Pacific Islander 1 $177,000 $177,000 $177,000 $62,000 $62,000

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) 1,054 $255,632,000 $242,000 $2,487,000 $126,000 $3,285,000
FHA-insured (Federal Housing Administration) 71 $10,866,000 $153,000 $277,000 $45,000 $187,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 9 $1,272,000 $141,000 $222,000 $44,000 $63,000
VA-guaranteed (Veterans Administration) 5 $1,133,000 $226,000 $238,000 $44,000 $87,000

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 559 $130,985,000 $234,000 $1,250,000 $147,000 $3,285,000
Loan Purchased By The Institution 203 $52,455,000 $258,000 $2,487,000 $46,000 $1,600,000
Application Denied By Financial Institution 194 $43,286,000 $223,000 $1,000,000 $101,000 $799,000
Application Withdrawn By Applicant 87 $21,380,000 $245,000 $795,000 $153,000 $828,000
Application Approved But Not Accepted 84 $16,961,000 $201,000 $1,300,000 $113,000 $1,065,000
File Closed For Incompleteness 12 $3,836,000 $319,000 $1,000,000 $243,000 $600,000
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 56 $13,113,000 $234,000 $779,000 $111,000 $799,000
Debt-To-Income Ratio 27 $6,834,000 $253,000 $1,000,000 $63,000 $214,000
Credit Application Incomplete 22 $5,940,000 $270,000 $1,000,000 $154,000 $520,000
Credit History 22 $3,424,000 $155,000 $560,000 $58,000 $187,000
Other 13 $2,661,000 $204,000 $417,000 $183,000 $770,000
Unverifiable Information 5 $1,421,000 $284,000 $417,000 $113,000 $299,000
Insufficient Cash (Downpayment, Closing Cost) 1 $400,000 $400,000 $400,000 $403,000 $403,000
Mortgage Insurance Denied 1 $74,000 $74,000 $74,000 $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.

Download the Michigan Lender List