Assurafirst Financial Company
Mortgage Loan Application
Totals and Details
for 2005

Find mortgage loan statistics, lending data, and loan application totals for Michigan.
The mortgage statistics and data below are specific to mortgage loan applications for Assurafirst Financial Company.
Search for mortgage lenders by state, county, or metropolitan area
and explore the loan application details and stats broken down by several loan categories from 2003-2022.

Mortgage Company & Address Assurafirst Financial Company
26400 Lahser Road Suite 444
Southfield, MI 48034
Tel #: available with data download
Federal Regulator * available with data download
Years 2005  
Total Number of Mortgage Applications 3,838
Total Mortgage Loan Application Amount $514,697,000
Average Mortgage Loan Application Amount $162,672
Highest Mortgage Loan Application Amount $935,000
Average Applicant Income $75,981
Highest Applicant Income $791,000

Overall mortgage application loan totals and averages for this lender are provided for each year by county, metro area, and the entire US.
The loan data is broken down by loan purpose, loan type, applicant race, application outcome, and denial reason. With this information, you can get a detailed view of locations where the mortgage lender is actively processing applications as well as the types and outcomes of loans from these applications.
As you search for mortgage loan stats and lending data in MI, the totals and averages will help you understand where the lender does business as well as the volume of business they do.

Mortgage Loan Application Totals for Assurafirst Financial Company by Metropolitan Area in 2005

Metro Area Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Application Amount Average Applicant Income
WARREN-FARMINGTON HILLS-TROY, MI 725 $ 114,281,000 $ 157,000 $ 68,000
INDIANAPOLIS, IN 407 $ 47,330,000 $ 116,000 $ 60,000
DETROIT-LIVONIA-DEARBORN, MI 235 $ 31,607,000 $ 134,000 $ 57,000
KILLEEN-TEMPLE-FORT HOOD, TX 212 $ 23,629,000 $ 111,000 $ 52,000
GREEN BAY, WI 198 $ 23,908,000 $ 120,000 $ 54,000
GARY, IN 132 $ 16,950,000 $ 128,000 $ 58,000
SAGINAW-SAGINAW TOWNSHIP NORTH, MI 131 $ 12,349,000 $ 94,000 $ 52,000
PHOENIX-MESA-SCOTTSDALE, AZ 128 $ 22,559,000 $ 176,000 $ 74,000
AKRON, OH 127 $ 15,000,000 $ 118,000 $ 56,000
ANCHORAGE, AK 125 $ 22,939,000 $ 183,000 $ 80,000
MUNCIE, IN 119 $ 9,433,000 $ 79,000 $ 59,000
FLINT, MI 99 $ 12,348,000 $ 124,000 $ 49,000
LANSING-EAST LANSING, MI 93 $ 14,592,000 $ 156,000 $ 85,000
ANN ARBOR, MI 73 $ 12,923,000 $ 177,000 $ 72,000
FORT WAYNE, IN 54 $ 5,668,000 $ 104,000 $ 44,000
KALAMAZOO-PORTAGE, MI 49 $ 6,302,000 $ 128,000 $ 60,000
ANDERSON, IN 24 $ 2,840,000 $ 118,000 $ 53,000
GRAND RAPIDS-WYOMING, MI 24 $ 3,575,000 $ 148,000 $ 68,000
DAYTON, OH 22 $ 2,625,000 $ 119,000 $ 46,000
SOUTH BEND-MISHAWAKA, IN-MI 22 $ 2,030,000 $ 92,000 $ 72,000
WEST PALM BEACH-BOCA RATON-BOYNTON BEACH, FL 19 $ 4,215,000 $ 221,000 $ 73,000
NILES-BENTON HARBOR, MI 18 $ 2,146,000 $ 119,000 $ 46,000
BAY CITY, MI 16 $ 2,028,000 $ 126,000 $ 50,000
MONROE, MI 16 $ 1,826,000 $ 114,000 $ 37,000
APPLETON, WI 15 $ 1,685,000 $ 112,000 $ 66,000
JACKSON, MI 12 $ 1,537,000 $ 128,000 $ 65,000
BATTLE CREEK, MI 11 $ 1,513,000 $ 137,000 $ 58,000
FORT LAUDERDALE-POMPANO BEACH-DEERFIELD BEACH, FL 8 $ 1,804,000 $ 225,000 $ 81,000
HOLLAND-GRAND HAVEN, MI 8 $ 1,177,000 $ 147,000 $ 97,000
CLEVELAND-ELYRIA-MENTOR, OH 6 $ 724,000 $ 120,000 $ 45,000
BLOOMINGTON, IN 5 $ 876,000 $ 175,000 $ 67,000
CAPE CORAL-FORT MYERS, FL 5 $ 1,158,000 $ 231,000 $ 126,000
BOISE CITY-NAMPA, ID 4 $ 715,000 $ 178,000 $ 93,000
ELKHART-GOSHEN, IN 4 $ 250,000 $ 62,000 $ 55,000
CANTON-MASSILLON, OH 3 $ 302,000 $ 100,000 $ 45,000
DENVER-AURORA, CO 3 $ 371,000 $ 123,000 $ 89,000
JACKSONVILLE, FL 3 $ 373,000 $ 124,000 $ 47,000
LAS VEGAS-PARADISE, NV 3 $ 877,000 $ 292,000 $ 76,000
MADISON, WI 3 $ 292,000 $ 97,000 $ 83,000
MICHIGAN CITY-LA PORTE, IN 3 $ 181,000 $ 60,000 $ 51,000
NASSAU-SUFFOLK, NY 3 $ 872,000 $ 290,000 $ 141,000
PRESCOTT, AZ 3 $ 648,000 $ 216,000 $ 82,000
TAMPA-ST. PETERSBURG-CLEARWATER, FL 3 $ 564,000 $ 188,000 $ 88,000
TOLEDO, OH 3 $ 222,000 $ 74,000 $ 48,000
BALTIMORE-TOWSON, MD 2 $ 459,000 $ 229,000 $ 97,000
CHICAGO-NAPERVILLE-JOLIET, IL 2 $ 422,000 $ 211,000 $ 66,000
COEUR D'ALENE, ID 2 $ 500,000 $ 250,000 $ 139,000
MANSFIELD, OH 2 $ 179,000 $ 89,000 $ 25,000
MCALLEN-EDINBURG-PHARR, TX 2 $ 205,000 $ 102,000 $ 86,000
MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI 2 $ 486,000 $ 243,000 $ 57,000
NASHVILLE-DAVIDSON--MURFREESBORO, TN 2 $ 412,000 $ 206,000 $ 138,000
OSHKOSH-NEENAH, WI 2 $ 213,000 $ 106,000 $ 121,000
PORT ST. LUCIE-FORT PIERCE, FL 2 $ 212,000 $ 106,000 $ 43,000
PORTLAND-VANCOUVER-BEAVERTON, OR-WA 2 $ 327,000 $ 163,000 $ 62,000
RENO-SPARKS, NV 2 $ 600,000 $ 300,000 $ 46,000
ROCKFORD, IL 2 $ 110,000 $ 55,000 $ 30,000
SACRAMENTO--ARDEN-ARCADE--ROSEVILLE, CA 2 $ 354,000 $ 177,000 $ 45,000
SALT LAKE CITY, UT 2 $ 496,000 $ 248,000 $ 90,000
SEATTLE-BELLEVUE-EVERETT, WA 2 $ 417,000 $ 208,000 $ 81,000
BOSTON-QUINCY, MA 1 $ 220,000 $ 220,000 $ 70,000
CAMBRIDGE-NEWTON-FRAMINGHAM, MA 1 $ 500,000 $ 500,000 $ 358,000
CLARKSVILLE, TN-KY 1 $ 209,000 $ 209,000 $ 71,000
CLEVELAND, TN 1 $ 200,000 $ 200,000 $ 60,000
DALLAS-PLANO-IRVING, TX 1 $ 153,000 $ 153,000 $ 47,000
DANVILLE, IL 1 $ 20,000 $ 20,000 $ 51,000
DOTHAN, AL 1 $ 194,000 $ 194,000 $ 48,000
DURHAM, NC 1 $ 169,000 $ 169,000 $ 53,000
FAIRBANKS, AK 1 $ 228,000 $ 228,000 $ 106,000
HARRISBURG-CARLISLE, PA 1 $ 207,000 $ 207,000 $ 75,000
HOUSTON-BAYTOWN-SUGAR LAND, TX 1 $ 25,000 $ 25,000 $ 50,000
JACKSON, TN 1 $ 141,000 $ 141,000 $ 66,000
LAFAYETTE, IN 1 $ 151,000 $ 151,000 $ 50,000
LAKE COUNTY-KENOSHA COUNTY, IL-WI 1 $ 250,000 $ 250,000 $ 86,000
LOUISVILLE, KY-IN 1 $ 140,000 $ 140,000 $ 62,000
MUSKEGON-NORTON SHORES, MI 1 $ 175,000 $ 175,000 $ 50,000
NEW ORLEANS-METAIRIE-KENNER, LA 1 $ 108,000 $ 108,000 $ 69,000
OGDEN-CLEARFIELD, UT 1 $ 201,000 $ 201,000 $ 48,000
PALM BAY-MELBOURNE-TITUSVILLE, FL 1 $ 112,000 $ 112,000 $ 126,000
PUNTA GORDA, FL 1 $ 163,000 $ 163,000 $ 55,000
RALEIGH-CARY, NC 1 $ 110,000 $ 110,000 $ 36,000
SARASOTA-BRADENTON-VENICE, FL 1 $ 194,000 $ 194,000 $ 145,000
SHEBOYGAN, WI 1 $ 113,000 $ 113,000 $ 0
SPRINGFIELD, OH 1 $ 69,000 $ 69,000 $ 44,000
TERRE HAUTE, IN 1 $ 96,000 $ 96,000 $ 38,000
YOUNGSTOWN-WARREN-BOARDMAN, OH-PA 1 $ 131,000 $ 131,000 $ 36,000
YUMA, AZ 1 $ 340,000 $ 340,000 $ 50,000

The mortgage data stats below are displayed in sortable categories such as loan purpose, race of mortgage applicant, loan type, the outcome of the application, and reason for denial.
Each category breaks down the total number of mortgage applications, the total dollar amount for those applications, the average mortgage amount, the highest mortgage loan applied for within that category, the average income of the mortgage applicants, and the highest income of the mortgage applicants.
You can also download the entire list of mortgage lenders along with their aggregated lending data for the state of Michigan, and search the same numbers and information back through 2003.

Mortgage Loan Application Detail Totals for Assurafirst Financial Company in 2005

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 2,435 $309,620,000 $167,095 $750,000 $73,619 $458,000
Refinancing 1,302 $201,263,000 $200,920 $935,000 $70,840 $791,000
Home Improvement 101 $3,814,000 $46,111 $200,000 $95,777 $253,000

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 3,339 $450,939,000 $189,185 $935,000 $77,148 $791,000
Black or African American 200 $23,260,000 $150,636 $350,000 $63,090 $253,000
Hispanic 137 $18,192,000 $155,500 $515,000 $54,300 $141,000
Not Provided 110 $14,569,000 $98,500 $588,000 $81,750 $250,000
Asian 43 $6,699,000 $174,750 $360,000 $70,375 $169,000
American Indian or Alaskan Native 8 $813,000 $98,800 $206,000 $38,000 $88,000
Native Hawaiian or Other Pacific Islander 1 $225,000 $225,000 $225,000 $120,000 $120,000
Not applicable 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) 2,692 $378,971,000 $186,555 $935,000 $81,111 $791,000
FHA-insured (Federal Housing Administration) 814 $94,662,000 $136,272 $337,000 $49,636 $147,000
VA-guaranteed (Veterans Administration) 272 $35,496,000 $167,818 $367,000 $50,636 $126,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 60 $5,568,000 $93,666 $167,000 $39,333 $72,000

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 2,170 $275,737,000 $206,000 $750,000 $78,520 $451,000
Application Withdrawn By Applicant 938 $120,280,000 $169,600 $640,000 $70,950 $458,000
Loan Purchased By The Institution 616 $102,975,000 $165,500 $611,000 $78,000 $791,000
Application Denied By Financial Institution 78 $10,392,000 $136,454 $935,000 $62,545 $384,000
Preapproval Denied by Financial Institution 32 $4,912,000 $148,200 $279,000 $57,400 $117,000
File Closed For Incompleteness 2 $179,000 $89,500 $90,000 $41,000 $58,000
Application Approved But Not Accepted 1 $73,000 $73,000 $73,000 $42,000 $42,000
Preapproval Approved but not Accepted 1 $149,000 $149,000 $149,000 $95,000 $95,000

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 60 $8,104,000 $189,428 $340,000 $57,571 $117,000
Other 20 $2,408,000 $104,250 $282,000 $69,250 $120,000
Collateral 14 $2,678,000 $167,000 $935,000 $74,833 $384,000
Debt-To-Income Ratio 9 $1,238,000 $151,250 $244,000 $52,500 $85,000
Insufficient Cash (Downpayment, Closing Cost) 3 $318,000 $106,000 $143,000 $34,000 $43,000
Unverifiable Information 2 $250,000 $125,000 $160,000 $27,500 $55,000
Employment History 2 $308,000 $154,000 $276,000 $52,000 $90,000
Credit Application Incomplete 0 $0 $0 $0 $0 $0
Mortgage Insurance Denied 0 $0 $0 $0 $0 $0

These totals and details for mortgage applications will give you a better idea of what to expect when researching mortgage lenders. Whether you are looking for a home loan, for home refinancing, or for home improvement loan statistics, we have the information you need. This mortgage loan data gives you everything you need to know as you start your search for the best lenders in MI, and gives you an idea of what the best mortgage lenders really are.

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