Leelanau County MI
Mortgage Loan Application
Totals and Details
for 2011

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 1,195
Total Mortgage Loan Application Amount $277,006,000
Average Mortgage Loan Application Amount $231,000
Highest Mortgage Loan Application Amount $2,500,000
Average Applicant Income $139,000
Highest Applicant Income $3,254,000

Mortgage Company List for Lending in Leelanau County MI for 2011

* 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
* $ 52,799,993,000 208 $ 45,054,000
FIFTH THIRD BANK
38 FOUNTAIN SQUARE MD1090K1
CINCINNATI, OH 45263
* $ 108,668,289,000 100 $ 12,608,000
JPMORGAN CHASE BANK, NATIONAL ASSOCIATION
1111 POLARIS PARKWAY
COLUMBUS, OH 43240
* $ 1,791,060,000,000 90 $ 20,742,000
FIFTH THIRD MORTGAGE, MI LLC
5001 KINGSLEY DRIVE MD 1MOB2W
CINCINNATI, OH 45227
* $ 48,969,000 80 $ 23,728,000
FIFTH THIRD MORTGAGE COMPANY
5001 KINGSLEY DRIVE MD 1MOB2W
CINCINNATI, OH 45227
* $ 108,971,662,000 65 $ 18,395,000
WELLS FARGO BANK, NATIONAL ASSOCIATION
100 N MAIN STREET MAC D4001-042
WINSTON-SALEM, NC 27150
* $ 1,104,833,000,000 63 $ 13,324,000
BANK OF AMERICA, NATIONAL ASSOCIATION
31303 AGOURA RD CA6-917-01-20
WESTLAKE VILLAGE, CA 91361
* $ 1,454,050,584,000 55 $ 15,488,000
CHEMICAL BANK
333 E MAIN STREET
MIDLAND, MI 48640
* $ 5,237,745,000 34 $ 7,826,000
CITIMORTGAGE, INC.
1 COURT SQUARE, 43RD FLOOR
LONG ISLAND CITY, NY 11120
* $ 1,019,497,000,000 30 $ 7,166,000
ALLY BANK
2101 REXFORD ROAD, SUITE 350W
CHARLOTTE, NC 28211
* $ 77,423,723,000 21 $ 4,777,000
PNC BANK, NATIONAL ASSOCIATION
249 FIFTH AVE. MS P1-POPP-22-2
PITTSBURGH, PA 15222
* $ 254,825,730,000 21 $ 7,452,000
FIRST PLACE BANK
185 EAST MARKET
WARREN, OH 44481
* $ 3,162,456,000 20 $ 3,451,000
LAKE MICHIGAN CREDIT UNION
PO BOX 2848
GRAND RAPIDS, MI 49501
* $ 2,163,220,000 18 $ 4,256,000
FLAGSTAR BANK, FSB
5151 CORPORATE DRIVE
TROY, MI 48098
* $ 12,648,357,000 17 $ 4,332,000
PHH MORTGAGE CORPORATION
1 MORTGAGE WAY
MT LAUREL, NJ 08054
* $ 31,000,000 17 $ 4,270,000
NEIGHBORHOOD MORTGAGE SOLUTION
PO BOX 209 544 N MAIN ST
FRANKENMUTH, MI 48734
* $ 77,551,000 16 $ 3,998,000
TRUIST BANK
3100 SMOKETREE CT FL 5
RALEIGH, NC 27604
* $ 153,341,765,000 15 $ 2,857,000
MBANK
130 S CEDAR ST
MANISTIQUE, MI 49854
* $ 478,912,000 12 $ 3,185,000
CITIBANK, NATIONAL ASSOCIATION
1 COURT SQUARE,43RD FLOOR
LONG ISLAND CITY, NY 11120
* $ 1,216,291,000,000 11 $ 2,054,000
GMAC MORTGAGE, LLC
1100 VIRGINIA DRIVE
FT. WASHINGTON, PA 19034
* $ 31,000,000 11 $ 2,828,000
GREENSTONE FARM CREDIT SERVICES, FLCA
3515 WEST RD
EAST LANSING, MI 48823
* $ 10,000,000 10 $ 1,972,000
CITIZENS BANK
328 S SAGINAW ST
FLINT, MI 48502
* $ 9,709,977,000 10 $ 1,987,000
INDEPENDENT BANK
4200 EAST BELTLINE
GRAND RAPIDS, MI 49525
* $ 2,536,098,000 9 $ 2,316,000
U.S. BANK NATIONAL ASSOCIATION
425 WALNUT STREET
CINCINNATI, OH 45202
* $ 310,099,589,000 9 $ 2,913,000
MICHIGAN MUTUAL, INC.
911 MILITARY STREET
PORT HURON, MI 48060
* $ 35,000,000,000 8 $ 1,322,000
MEMBER FIRST MORTGAGE, LLC
616 44TH STREET SE
GRAND RAPIDS, MI 49548
* $ 11,800,000 8 $ 1,296,000
PROVIDENT FUNDING ASSOCIATES, L.P.
851 TRAEGER AVENUE, SUITE 100
SAN BRUNO, CA 94066
* $ 10,000,000 7 $ 2,049,000
CITIZENS BANK, NATIONAL ASSOCIATION
ONE CITIZENS PLAZA
PROVIDENCE, RI 02903
* $ 109,283,991,000 7 $ 1,634,000
CHARLES SCHWAB BANK, SSB
2360 CORPORATE CIRCLE
HENDERSON, NV 89074
* $ 56,866,447,000 6 $ 1,411,000
USAA FEDERAL SAVINGS BANK
10750 MCDERMOTT FREEWAY
SAN ANTONIO, TX 78288
* $ 48,783,813,000 6 $ 1,136,000
TALMER BANK AND TRUST
2301 W. BIG BEAVER RD., SUITE 200
TROY, MI 48084
* $ 1,691,253,000 6 $ 2,389,000
TIAA, FSB
501 RIVERSIDE AVENUE
JACKSONVILLE, FL 32202
* $ 12,522,585,000 5 $ 1,239,000
COMERICA BANK
411 W LAFAYETTE BLVD
DETROIT, MI 48226
* $ 54,071,375,000 5 $ 1,374,000
MMS MORTGAGE SERVICES, LTD.
38275 TWELVE MILE RD., SUITE 100
FARMINGTON HILLS, MI 48331
* $ 5,598,000 5 $ 713,000
FIRST NATIONAL BANK OF AMERICA
241 EAST SAGINAW
EAST LANSING, MI 48823
* $ 467,975,000 5 $ 2,821,000
ARBOR MORTGAGE CORPORATION
2311 EAST BELTLINE AVE SE 200
GRAND RAPIDS, MI 49546
* $ 15,555,000 5 $ 1,421,000
GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION
100 PHOENIX DR, STE 300
ANN ARBOR, MI 48108
* $ 10,000,000 4 $ 635,000
UNITED SHORE FINANCIAL SERVICES, LLC
1414 EAST MAPLE ROAD
TROY, MI 48083
* $ 10,000,000 4 $ 814,000
LOANDEPOT.COM, LLC
26642 TOWNE CENTRE DRIVE
FOOTHILL RANCH, CA 92610
* $ 138,031,000 4 $ 603,000
STAUNTON FINANCIAL, INC.
25800 NORTHWESTERN HIGHWAY SUITE 110
SOUTHFIELD, MI 48075
* $ 10,000,000 4 $ 387,000
MORTGAGE INVESTORS CORP
6090 CENTRAL AVE
ST. PETERSBURG, FL 33707
* $ 10,000,000 4 $ 928,000
MORTGAGE 1 INCORPORATED
43456 MOUND ROAD
STERLING HEIGHTS, MI 49314
* $ 9,135,000 4 $ 690,000
METLIFE BANK, N.A.
1555 WEST WALNUT HILL LANE, STE. 200
IRVING, TX 75038
* $ 16,490,790,000 4 $ 1,162,000
WELLS FARGO FUNDING, INC
100 N MAIN STREEET MAC D4001-063
WINSTON-SALEM, NC 27150
* $ 25,457,000 4 $ 937,000
MORGAN STANLEY PRIVATE BANK, NATIONAL ASSOCIATION
2000 WESTCHESTER AVE
PURCHASE, NY 10577
* $ 7,724,367,000 4 $ 1,650,000
MERCANTILE BANK MTG CO LLC
4613 ALPINE AVE NW
COMSTOCK PARK, MI 49321
* $ 698,000,000 4 $ 919,000
BANK OF ANN ARBOR
1333 W ANN ARBOR ROAD
PLYMOUTH, MI 48185
* $ 690,925,000 4 $ 876,000
MACATAWA BANK
PO BOX 3119
HOLLAND, MI 49422
* $ 1,576,134,000 4 $ 1,032,000
MICHIGAN STATE UNIVERSITY FEDERAL CREDIT UNION
3777 WEST ROAD
EAST LANSING, MI 48823
* $ 1,962,910,000 4 $ 1,599,000
FOUNDERS BANK & TRUST
5200 CASCADE ROAD SE
GRAND RAPIDS, MI 49546
* $ 407,947,000 3 $ 842,000
UBS AG, TAMPA BRANCH
3000 BAYPORT
TAMPA, FL 33607
* $ 1,400,000,000 3 $ 1,025,000
WOLVERINE BANK FSB
5710 EASTMAN AVE
MIDLAND, MI 48640
* $ 314,420,000 3 $ 1,013,000
JAMES B. NUTTER & CO.
4153 BROADWAY
KANSAS CITY, MO 64111
* $ 31,000,000 3 $ 630,000
AMERISAVE MORTGAGE CORPORATION
3525 PIEDMONT RD NE, 8 PIEDMONT CTR STE
ATLANTA, GA 30305
* $ 8,994,122,000 3 $ 1,041,000
HOME LOAN CENTER, INC.
11115 RUSHMORE DRIVE
CHARLOTTE, NC 28277
* $ 10,000,000 3 $ 702,000
LIBERTY HOME EQUITY SOLUTIONS, INC.
10951 WHITE ROCK ROAD, SUITE 200
RANCHO CORDOVA, CA 95670
* $ 60,629,000 2 $ 345,000
FIRST RESIDENTIAL MORTGAGE
9721 ORMSBY STATION RD.
LOUISVILLE, KY 40223
* $ 10,000,000 2 $ 570,000
NATIONS LENDING CORPORATION
4 SUMMIT PARK DR STE 200
INDEPENDENCE, OH 44131
* $ 4,410,000 2 $ 349,000
NATIONSTAR MORTGAGE LLC
8950 CYPRESS WATERS BLVD.
COPPELL, TX 75019
* $ 10,000,000 2 $ 448,000
AMERIFIRST FINANCIAL CORPORATI
616 WEST CENTRE AVENUE
PORTAGE, MI 49024
* $ 10,000,000 2 $ 270,000
21ST MORTGAGE CORPORATION
620 MARKET ST SUITE 100
KNOXVILLE, TN 37902
* $ 10,000,000 2 $ 30,000
MERRILL LYNCH CREDIT CORP
30930 RUSSELL RANCH RD CA6-916-01-14
WESTLAKE VILLAGE, CA 91362
* $ 2,223,299,000 2 $ 547,000
KEYBANK NATIONAL ASSOCIATION
127 PUBLIC SQUARE
CLEVELAND, OH 44114
* $ 85,930,126,000 2 $ 146,000
MORTGAGE CENTER L.C
29621 NORTHWESTERN HWY
SOUTHFIELD, MI 48034
* $ 30,000,000 2 $ 352,000
CREDIT UNION ONE
400 E NINE MILE RD
FERNDALE, MI 48220
* $ 725,907,000 2 $ 38,000
DOW CHEMICAL EMPLOYEES'
600 E. LYON ROAD P.O. BOX 1649
MIDLAND, MI 48641
* $ 1,350,354,000 2 $ 585,000
FIRSTBANK - ALMA MORTGAGE CO
311 WOODWORTH AVE.
ALMA, MI 48801
* $ 260,365,000 2 $ 729,000
FRANKENMUTH CREDIT UNION
580 N. MAIN ST., PO BOX 209
FRANKENMUTH, MI 48734
* $ 211,224,000 2 $ 330,000
DFCU FINANCIAL
400 TOWN CENTER DRIVE
DEARBORN, MI 48126
* $ 2,985,260,000 2 $ 771,000
HANTZ BANK
26200 AMERICAN DRIVE, 2ND FLOOR
SOUTHFIELD, MI 48034
* $ 43,034,000 2 $ 387,000
EVOLVE BANK & TRUST
301 SHOPPING WAY BLVD
WEST MEMPHIS, AR 72301
* $ 160,432,000 2 $ 197,000
AMERICAN BANK
9001 EDMONSTON ROAD SUITE 100
GREENBELT, MD 20770
* $ 555,205,000 2 $ 335,000
MAIN STREET BANK
31780 TELEGRAPH ROAD, SUITE 100
BINGHAM FARMS, MI 48025
* $ 86,181,000 2 $ 355,000
STOCK YARDS BANK & TRUST COMPANY
1040 EAST MAIN STREET
LOUISVILLE, KY 40206
* $ 1,891,557,000 1 $ 387,000
FIRSBANK - ALMA
311 WOODWORTH AVE
ALMA, MI 48846
* $ 257,434,000 1 $ 29,000
UNITED BANK AND TRUST
2723 S STATE ST
ANN ARBOR, MI 48104
* $ 861,244,000 1 $ 600,000
UNIVERSITY BANK
2015 WASHTENAW AVE
ANN ARBOR, MI 48104
* $ 115,146,000 1 $ 296,000
COMMUNITY STATE BANK
PO BOX 469
BIRCH RUN, MI 48415
* $ 192,086,000 1 $ 123,000
COMMERCIAL BANK
301 N. STATE ST
ALMA, MI 48801
* $ 402,334,000 1 $ 95,000
FIRST MARINER BANK
3301 BOSTON STREET
BALTIMORE, MD 21224
* $ 1,311,651,000 1 $ 743,000
UNION SAVINGS BANK
8534 E KEMPER RD
CINCINNATI, OH 45249
* $ 2,124,635,000 1 $ 250,000
RAYMOND JAMES BANK N.A.
710 CARILLON PKWY
ST PETERSBURG, FL 33716
* $ 7,575,349,000 1 $ 96,000
CARNEGIE MORTGAGE
2297 STATE HIGHWAY 33
HAMILTON SQUARE, NJ 08690
* $ 193,976,000 1 $ 263,000
ACCESS NATIONAL MORTGAGE CORP
1800 ROBERT FULTON DR, SUITE 350
RESTON, VA 20191
* $ 10,000,000 1 $ 135,000
SUMMIT COMMUNITY BANK
1600 ABBOT RD
EAST LANSING, MI 48823
* $ 155,301,000 1 $ 130,000
1ST STATE FINANCIAL, LTD.
PO BOX 1468
SAGINAW, MI 48605
* $ 159,868,000 1 $ 100,000
ICNB MORTGAGE COMPANY LLC
302 W MAIN ST
IONIA, MI 48846
* $ 209,112,000 1 $ 479,000
EASTERN MICHIGAN BANK
65 N HOWARD AVE
CROSWELL, MI 48422
* $ 259,775,000 1 $ 62,000
TOWER BANK AND TRUST
116 E BERRY ST
FT WAYNE, IN 46802
* $ 661,712,000 1 $ 270,000
VIBE
44575 W 12 MILE
NOVI, MI 48377
* $ 457,645,000 1 $ 104,000
AMERICAN SOUTHWEST MORTGAGE CORP.
5900 MOSTELLER DRIVE SUITE 10
OKLAHOMA CITY, OK 73112
* $ 143,000,000 1 $ 173,000
LAFCU
106 N MARKETPLACE BLVD
LANSING, MI 48917
* $ 501,616,000 1 $ 160,000
COPOCO COMMUNITY CREDIT UNION
4265 E WILDER RD
BAY CITY, MI 48706
* $ 92,610,000 1 $ 240,000
VIBE CREDIT UNION
1375 N OAKLAND BLVD
WATERFORD, MI 48327
* $ 160,677,000 1 $ 271,000
BAXTER CREDIT UNION
340 N MILWAUKEE AVE
VERNON HILLS, IL 60061
* $ 1,444,690,000 1 $ 160,000
GENISYS
2100 EXECUTIVE HILLS BLVD
AUBURN HILLS, MI 48326
* $ 1,335,052,000 1 $ 20,000
WANIGAS CREDIT UNION
4026 SHATTUCK RD
SAGINAW, MI 48603
* $ 245,559,000 1 $ 26,000
EMPEOPLE CREDIT UNION
3950 38TH AVENUE
MOLINE, IL 61265
* $ 471,002,000 1 $ 297,000
ONE REVERSE MORTGAGE, LLC
4445 EASTGATE MALL, SUITE 320
SAN DIEGO, CA 92121
* $ 39,000,000 1 $ 82,000
DIRECT MORTGAGE, CORP.
6955 SOUTH UNION PARK CENTER, #540
MIDVALE, UT 84047
* $ 10,000,000 1 $ 335,000
US BK NA ND
4325 17TH AVENUE, S.W.
FARGO, ND 58103
* $ 5,955,059,000 1 $ 585,000
PENTAGON FEDERAL CREDIT UNION
7940 JONES BRANCH DRIVE
TYSONS, VA 22102
* $ 15,104,501,000 1 $ 87,000
NAVY FEDERAL CREDIT UNION
820 FOLLIN LANE
VIENNA, VA 22180
* $ 44,423,207,000 1 $ 123,000
FIRST-CITIZENS BANK & TRUST COMPANY
4300 SIX FORKS ROAD FCC 21
RALEIGH, NC 27609
* $ 20,797,006,000 1 $ 22,000
TCF NATIONAL BANK
2508 LOUISE AVE S (PCC-2E-L)
SIOUX FALLS, SD 57106
* $ 18,734,814,000 1 $ 96,000
ONEMAIN FINANCIAL SERVI
300 ST. PAUL PLACE
BALTIMORE, MD 21202
* $ 0 1 $ 62,000
ING BANK, FSB
1 SOUTH ORANGE STREET
WILMINGTON, DE 19801
* $ 91,413,704,000 1 $ 65,000
E*TRADE SAVINGS BANK
671 N. GLEBE RD 12TH FLOOR
ARLINGTON, VA 22203
* $ 1,550,836,000 1 $ 200,000
FIRST FEDERAL SAVINGS AND LOAN ASSOCIATION OF LAKEWOOD
14806 DETROIT AVE
LAKEWOOD, OH 44107
* $ 1,327,626,000 1 $ 187,000
DIAMOND BANK FSB
1051 PERIMETER DRIVE
SCHAUMBURG, IL 60173
* $ 256,961,000 1 $ 238,000
FIRST FEDERAL SAVINGS BANK
P.O. BOX 527
ROCHESTER, IN 46975
* $ 360,247,000 1 $ 73,000
CITIFINANCIAL, INC.
300 ST. PAUL PLACE
BALTIMORE, MD 21202
* $ 1,494,037,000,000 1 $ 37,000
SUNTRUST MORTGAGE, INC.
901 SEMMES AVENUE
RICHMOND, VA 23224
* $ 162,509,568,000 1 $ 314,000
FARMERS BANK AND TRUST NA
1017 HARRISON
GREAT BEND, KS 67530
* $ 665,875,000 1 $ 250,000
THE NATIONAL BANK OF INDIANAPOLIS
107 N PENNSYLVANIA STREET, SUITE 300
INDIANAPOLIS, IN 46204
* $ 1,437,660,000 1 $ 417,000
FIRST GUARANTY MORTGAGE CORPORATION
1900 GALLOWS ROAD, SUITE 800
TYSONS CORNER, VA 22182
* $ 10,000,000 1 $ 102,000
AMERICAN INTERNET MORTGAGE, INC.
4121 CAMINO DEL RIO SOUTH
SAN DIEGO, CA 92108
* $ 10,000,000 1 $ 185,000
NATIONAL PENN BANK
PO BOX 547
BOYERTOWN, PA 19512
* $ 8,810,607,000 1 $ 1,000,000
HORIZON BANK, N.A.
515 FRANKLIN ST
MICHIGAN CITY, IN 46360
* $ 1,397,696,000 1 $ 383,000
WYNDHAM CAPITAL MORTGAGE, INC.
6115 PARK SOUTH DRIVE, STE 200
CHARLOTTE, NC 28210
* $ 10,000,000 1 $ 737,000
FRANKLIN AMERICAN MORTGAGE COMPANY
6100 TOWER CIRCLE SUITE 600
FRANKLIN, TN 37067
* $ 10,000,000 1 $ 396,000
FAIRWAY INDEPENDENT MORTGAGE CORPORATION
4801 S. BILTMORE LANE
MADISON, WI 53718
* $ 10,000,000 1 $ 175,000
GUARDIAN MORTGAGE COMPANY, INC
100 N. CENTRAL EXPRESSWAY SUITE 190
RICHARDSON, TX 75083
* $ 10,000,000 1 $ 269,000
FREEDOM MORTGAGE CORPORATION
10500 KINCAID DRIVE
FISHERS, IN 46037
* $ 10,000,000 1 $ 147,000
ROUNDPOINT MORTGAGE COMPANY
5032 PARKWAY PLAZA BLVD, STE 200
CHARLOTTE, NC 28278
* $ 10,000,000 1 $ 136,000
STONEGATE MORTGAGE CORPORATION
9190 PRIORITY WAY WEST DRIVE
INDIANAPOLIS, IN 46240
* $ 10,000,000 1 $ 110,000
VAN DYK MORTGAGE CORPORATION
2449 CAMELOT CT SE
GRAND RAPIDS, MI 49546
* $ 10,000,000 1 $ 250,000
POLARIS HOME FUNDING CORP.
151 44TH ST. SW
GRANDVILLE, MI 49418
* $ 10,000,000 1 $ 112,000

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 2011

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 951 $229,047,000 $240,000 $2,500,000 $140,000 $3,254,000
Home Purchase 224 $45,636,000 $203,000 $1,200,000 $138,000 $1,278,000
Home Improvement 20 $2,323,000 $116,000 $715,000 $69,000 $280,000

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 1,005 $227,659,000 $226,000 $2,500,000 $145,000 $3,254,000
Not Provided 92 $24,918,000 $270,000 $2,248,000 $147,000 $1,900,000
Not applicable 80 $21,999,000 $274,000 $2,029,000 $63,000 $600,000
American Indian or Alaskan Native 8 $977,000 $122,000 $228,000 $58,000 $92,000
Hispanic 8 $1,036,000 $129,000 $186,000 $71,000 $270,000
Asian 1 $271,000 $271,000 $271,000 $134,000 $134,000
Black or African American 1 $146,000 $146,000 $146,000 $63,000 $63,000
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) 1,100 $262,069,000 $238,000 $2,500,000 $147,000 $3,254,000
FHA-insured (Federal Housing Administration) 62 $9,790,000 $157,000 $433,000 $38,000 $151,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 23 $3,106,000 $135,000 $244,000 $49,000 $171,000
VA-guaranteed (Veterans Administration) 10 $2,041,000 $204,000 $640,000 $38,000 $155,000

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 612 $136,634,000 $223,000 $1,200,000 $146,000 $2,195,000
Application Denied By Financial Institution 249 $58,154,000 $233,000 $2,500,000 $140,000 $3,254,000
Loan Purchased By The Institution 178 $42,287,000 $237,000 $2,029,000 $105,000 $2,195,000
Application Withdrawn By Applicant 68 $19,071,000 $280,000 $2,248,000 $151,000 $1,900,000
File Closed For Incompleteness 51 $11,212,000 $219,000 $417,000 $89,000 $456,000
Application Approved But Not Accepted 37 $9,648,000 $260,000 $664,000 $203,000 $1,278,000
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 74 $23,284,000 $314,000 $2,500,000 $261,000 $3,254,000
Debt-To-Income Ratio 64 $14,763,000 $230,000 $789,000 $68,000 $308,000
Credit Application Incomplete 43 $7,788,000 $181,000 $417,000 $86,000 $554,000
Credit History 24 $3,739,000 $155,000 $360,000 $72,000 $286,000
Other 16 $2,250,000 $140,000 $417,000 $76,000 $230,000
Unverifiable Information 6 $1,820,000 $303,000 $525,000 $179,000 $761,000
Insufficient Cash (Downpayment, Closing Cost) 4 $910,000 $227,000 $500,000 $166,000 $438,000
Employment History 1 $262,000 $262,000 $262,000 $224,000 $224,000
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