Dfcu Financial
Mortgage Loan Application
Totals and Details
for 2023
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 Dfcu Financial.
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 2003-2023.
| Mortgage Company & Address | Dfcu Financial 400 Town Center Drive Dearborn, MI 48126 Tel #: available with data download |
| Federal Regulator | * available with data download |
| Years | 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2008 2007 2006 2005 2004 2003 |
| Total Number of Mortgage Applications | 4,272 |
| Total Mortgage Loan Application Amount | $696,700,000 |
| Average Mortgage Loan Application Amount | $147,000 |
| Highest Mortgage Loan Application Amount | $5,605,000 |
| Average Applicant Income | $118,000 |
| Highest Applicant Income | $5,352,000 |
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.
| County | Total Number of Mortgage Loan Applications | Total Dollar Amount of Mortgage Loans Applications | Average Mortgage Loan Application Amount | Average Applicant Income |
|---|---|---|---|---|
| Wayne County Michigan | 1,640 | $ 178,020,000 | $ 108,000 | $ 102,000 |
| Oakland County Michigan | 622 | $ 104,120,000 | $ 167,000 | $ 152,000 |
| Washtenaw County Michigan | 280 | $ 45,320,000 | $ 161,000 | $ 133,000 |
| Livingston County Michigan | 167 | $ 21,825,000 | $ 130,000 | $ 131,000 |
| Kent County Michigan | 147 | $ 14,685,000 | $ 99,000 | $ 88,000 |
| Macomb County Michigan | 118 | $ 13,050,000 | $ 110,000 | $ 108,000 |
| Monroe County Michigan | 58 | $ 8,550,000 | $ 147,000 | $ 104,000 |
| Hillsborough County Florida | 53 | $ 18,145,000 | $ 342,000 | $ 206,000 |
| Ingham County Michigan | 42 | $ 3,470,000 | $ 82,000 | $ 78,000 |
| Pinellas County Florida | 29 | $ 10,735,000 | $ 370,000 | $ 215,000 |
| Eaton County Michigan | 27 | $ 2,365,000 | $ 87,000 | $ 73,000 |
| Ottawa County Michigan | 23 | $ 3,195,000 | $ 138,000 | $ 141,000 |
| Jackson County Michigan | 21 | $ 2,455,000 | $ 116,000 | $ 100,000 |
| Genesee County Michigan | 15 | $ 1,975,000 | $ 131,000 | $ 89,000 |
| Clinton County Michigan | 13 | $ 1,365,000 | $ 105,000 | $ 90,000 |
| Lenawee County Michigan | 12 | $ 1,160,000 | $ 96,000 | $ 104,000 |
| Allegan County Michigan | 11 | $ 1,565,000 | $ 142,000 | $ 153,000 |
| Barry County Michigan | 11 | $ 1,045,000 | $ 95,000 | $ 110,000 |
| St. Clair County Michigan | 10 | $ 940,000 | $ 94,000 | $ 111,000 |
| Montcalm County Michigan | 8 | $ 430,000 | $ 53,000 | $ 72,000 |
| Pasco County Florida | 7 | $ 2,125,000 | $ 303,000 | $ 139,000 |
| Hillsdale County Michigan | 7 | $ 1,605,000 | $ 229,000 | $ 283,000 |
| Muskegon County Michigan | 7 | $ 1,055,000 | $ 150,000 | $ 120,000 |
| Charlotte County Florida | 6 | $ 770,000 | $ 128,000 | $ 243,000 |
| Lee County Florida | 6 | $ 1,260,000 | $ 210,000 | $ 112,000 |
| Antrim County Michigan | 6 | $ 890,000 | $ 148,000 | $ 153,000 |
| Roscommon County Michigan | 6 | $ 400,000 | $ 66,000 | $ 68,000 |
| Manatee County Florida | 5 | $ 2,455,000 | $ 491,000 | $ 253,000 |
| Newaygo County Michigan | 5 | $ 325,000 | $ 65,000 | $ 101,000 |
| Otsego County Michigan | 5 | $ 885,000 | $ 177,000 | $ 74,000 |
| Berrien County Michigan | 4 | $ 830,000 | $ 207,000 | $ 93,000 |
| Clare County Michigan | 4 | $ 530,000 | $ 132,000 | $ 117,000 |
| Gladwin County Michigan | 4 | $ 490,000 | $ 122,000 | $ 208,000 |
| Mecosta County Michigan | 4 | $ 730,000 | $ 182,000 | $ 113,000 |
| Midland County Michigan | 4 | $ 920,000 | $ 230,000 | $ 145,000 |
| Osceola County Michigan | 4 | $ 390,000 | $ 97,000 | $ 71,000 |
| Orange County Florida | 3 | $ 2,505,000 | $ 835,000 | $ 331,000 |
| Polk County Florida | 3 | $ 605,000 | $ 201,000 | $ 147,000 |
| Sarasota County Florida | 3 | $ 605,000 | $ 201,000 | $ 86,000 |
| Seminole County Florida | 3 | $ 425,000 | $ 141,000 | $ 106,000 |
| Sumter County Florida | 3 | $ 605,000 | $ 201,000 | $ 96,000 |
| Calhoun County Michigan | 3 | $ 495,000 | $ 165,000 | $ 109,000 |
| Emmet County Michigan | 3 | $ 545,000 | $ 181,000 | $ 110,000 |
| Iosco County Michigan | 3 | $ 365,000 | $ 121,000 | $ 215,000 |
| Isabella County Michigan | 3 | $ 365,000 | $ 121,000 | $ 84,000 |
| Ogemaw County Michigan | 3 | $ 605,000 | $ 201,000 | $ 172,000 |
| Presque Isle County Michigan | 3 | $ 385,000 | $ 128,000 | $ 144,000 |
| Sanilac County Michigan | 3 | $ 445,000 | $ 148,000 | $ 193,000 |
| Shiawassee County Michigan | 3 | $ 465,000 | $ 155,000 | $ 76,000 |
| Collier County Florida | 2 | $ 1,690,000 | $ 845,000 | $ 373,000 |
| Lake County Florida | 2 | $ 280,000 | $ 140,000 | $ 140,000 |
| Miami-Dade County Florida | 2 | $ 410,000 | $ 205,000 | $ 308,000 |
| Osceola County Florida | 2 | $ 1,640,000 | $ 820,000 | $ 288,000 |
| Palm Beach County Florida | 2 | $ 540,000 | $ 270,000 | $ 123,000 |
| Alcona County Michigan | 2 | $ 460,000 | $ 230,000 | $ 118,000 |
| Crawford County Michigan | 2 | $ 140,000 | $ 70,000 | $ 167,000 |
| Grand Traverse County Michigan | 2 | $ 470,000 | $ 235,000 | $ 184,000 |
| Gratiot County Michigan | 2 | $ 140,000 | $ 70,000 | $ 15,000 |
| Kalamazoo County Michigan | 2 | $ 420,000 | $ 210,000 | $ 33,000 |
| Kalkaska County Michigan | 2 | $ 230,000 | $ 115,000 | $ 58,000 |
| Lapeer County Michigan | 2 | $ 200,000 | $ 100,000 | $ 116,000 |
| Saginaw County Michigan | 2 | $ 490,000 | $ 245,000 | $ 115,000 |
| Wexford County Michigan | 2 | $ 80,000 | $ 40,000 | $ 63,000 |
| Maricopa County Arizona | 1 | $ 45,000 | $ 45,000 | $ 53,000 |
| Teller County Colorado | 1 | $ 65,000 | $ 65,000 | $ 120,000 |
| Hartford County Connecticut | 1 | $ 35,000 | $ 35,000 | $ 612,000 |
| Brevard County Florida | 1 | $ 725,000 | $ 725,000 | $ 253,000 |
| Broward County Florida | 1 | $ 1,145,000 | $ 1,145,000 | $ 386,000 |
| DeSoto County Florida | 1 | $ 225,000 | $ 225,000 | $ 144,000 |
| Hernando County Florida | 1 | $ 345,000 | $ 345,000 | $ 126,000 |
| Marion County Florida | 1 | $ 125,000 | $ 125,000 | $ 60,000 |
| Volusia County Florida | 1 | $ 625,000 | $ 625,000 | $ 193,000 |
| Cherokee County Georgia | 1 | $ 305,000 | $ 305,000 | $ 278,000 |
| Calloway County Kentucky | 1 | $ 45,000 | $ 45,000 | $ 66,000 |
| Jefferson County Kentucky | 1 | $ 155,000 | $ 155,000 | $ 88,000 |
| Alger County Michigan | 1 | $ 175,000 | $ 175,000 | $ 161,000 |
| Alpena County Michigan | 1 | $ 75,000 | $ 75,000 | $ 64,000 |
| Bay County Michigan | 1 | $ 15,000 | $ 15,000 | $ 23,000 |
| Branch County Michigan | 1 | $ 105,000 | $ 105,000 | $ 185,000 |
| Charlevoix County Michigan | 1 | $ 305,000 | $ 305,000 | $ 420,000 |
| Cheboygan County Michigan | 1 | $ 95,000 | $ 95,000 | $ 120,000 |
| Chippewa County Michigan | 1 | $ 405,000 | $ 405,000 | $ 95,000 |
| Ionia County Michigan | 1 | $ 125,000 | $ 125,000 | $ 91,000 |
| Leelanau County Michigan | 1 | $ 205,000 | $ 205,000 | $ 200,000 |
| Missaukee County Michigan | 1 | $ 25,000 | $ 25,000 | $ 23,000 |
| Oscoda County Michigan | 1 | $ 85,000 | $ 85,000 | $ 42,000 |
| Tuscola County Michigan | 1 | $ 225,000 | $ 225,000 | $ 95,000 |
| St. Charles County Missouri | 1 | $ 25,000 | $ 25,000 | $ 240,000 |
| Clark County Nevada | 1 | $ 35,000 | $ 35,000 | $ 720,000 |
| Bernalillo County New Mexico | 1 | $ 55,000 | $ 55,000 | $ 150,000 |
| Moore County North Carolina | 1 | $ 25,000 | $ 25,000 | $ 205,000 |
| Horry County South Carolina | 1 | $ 205,000 | $ 205,000 | $ 72,000 |
| Warren County Tennessee | 1 | $ 75,000 | $ 75,000 | $ 1,580,000 |
| Salt Lake County Utah | 1 | $ 125,000 | $ 125,000 | $ 132,000 |
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 Dfcu Financial in 2023
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 | 1,547 | $440,445,000 | $284,000 | $5,605,000 | $146,000 | $5,352,000 |
| Home Improvement | 1,140 | $96,340,000 | $84,000 | $645,000 | $119,000 | $1,580,000 |
| Other Purpose | 986 | $75,190,000 | $76,000 | $755,000 | $106,000 | $665,000 |
| Refinancing | 336 | $36,530,000 | $108,000 | $755,000 | $113,000 | $973,000 |
| Cash-out Refinancing | 263 | $48,195,000 | $183,000 | $1,705,000 | $106,000 | $603,000 |
| Not Applicable | 0 | $0 | $0 | $0 | $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 | 2,888 | $443,540,000 | $153,000 | $2,205,000 | $123,000 | $5,352,000 |
| Not Provided | 602 | $132,550,000 | $220,000 | $3,005,000 | $139,000 | $1,938,000 |
| Black or African American | 411 | $44,635,000 | $108,000 | $1,205,000 | $97,000 | $1,476,000 |
| Hispanic | 197 | $29,525,000 | $149,000 | $1,165,000 | $114,000 | $793,000 |
| Asian | 115 | $33,735,000 | $293,000 | $5,605,000 | $186,000 | $2,196,000 |
| American Indian or Alaskan Native | 33 | $4,095,000 | $124,000 | $395,000 | $96,000 | $180,000 |
| Native Hawaiian or Other Pacific Islander | 2 | $350,000 | $175,000 | $305,000 | $170,000 | $280,000 |
| 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) | 4,272 | $696,700,000 | $163,000 | $5,605,000 | $125,000 | $5,352,000 |
| FHA-insured (Federal Housing Administration) | 0 | $0 | $0 | $0 | $0 | $0 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) | 0 | $0 | $0 | $0 | $0 | $0 |
| VA-guaranteed (Veterans Administration) | 0 | $0 | $0 | $0 | $0 | $0 |
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 | 2,195 | $318,215,000 | $144,000 | $2,135,000 | $124,000 | $1,055,000 |
| Application Denied By Financial Institution | 636 | $49,200,000 | $77,000 | $755,000 | $95,000 | $1,580,000 |
| File Closed For Incompleteness | 415 | $119,125,000 | $287,000 | $5,605,000 | $170,000 | $5,352,000 |
| Application Approved But Not Accepted | 345 | $28,845,000 | $83,000 | $755,000 | $113,000 | $600,000 |
| Preapproval Approved but not Accepted | 330 | $96,780,000 | $293,000 | $2,005,000 | $119,000 | $625,000 |
| Application Withdrawn By Applicant | 312 | $74,870,000 | $239,000 | $1,205,000 | $151,000 | $2,484,000 |
| Preapproval Denied by Financial Institution | 39 | $9,665,000 | $247,000 | $2,205,000 | $113,000 | $1,313,000 |
| Loan Purchased By The 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 | 3,597 | $637,835,000 | $177,000 | $5,605,000 | $130,000 | $5,352,000 |
| Debt-To-Income Ratio | 296 | $28,130,000 | $95,000 | $2,205,000 | $81,000 | $450,000 |
| Credit History | 181 | $11,595,000 | $64,000 | $335,000 | $92,000 | $1,313,000 |
| Other | 124 | $11,140,000 | $89,000 | $755,000 | $116,000 | $900,000 |
| Collateral | 61 | $5,335,000 | $87,000 | $415,000 | $123,000 | $1,580,000 |
| Unverifiable Information | 4 | $470,000 | $117,000 | $285,000 | $58,000 | $130,000 |
| Employment History | 4 | $430,000 | $107,000 | $195,000 | $354,000 | $1,080,000 |
| Insufficient Cash (Downpayment, Closing Cost) | 4 | $1,360,000 | $340,000 | $725,000 | $121,000 | $265,000 |
| Credit Application Incomplete | 1 | $405,000 | $405,000 | $405,000 | $98,000 | $98,000 |
| 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.
If you prefer, you can download a copy of the entire list of mortgage lenders in Michigan, and search similar information at your convenience.