Citizens Bank
Mortgage Loan Application
Totals and Details
for 2007

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 Citizens Bank.
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 Citizens Bank
328 S Saginaw St
Flint, MI 48502
Tel #: available with data download
Federal Regulator * available with data download
Years 2012  2011  2010  2009  2008  2007  2006  2005  2004  2003  
Total Number of Mortgage Applications 10,016
Total Mortgage Loan Application Amount $1,254,712,000
Average Mortgage Loan Application Amount $109,666
Highest Mortgage Loan Application Amount $16,000,000
Average Applicant Income $72,333
Highest Applicant Income $3,600,000

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 Citizens Bank by County in 2007

County Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loans Applications Average Mortgage Loan Application Amount Average Applicant Income
Genesee County Michigan 1,341 $ 115,550,000 $ 86,000 $ 62,000
Oakland County Michigan 680 $ 166,459,000 $ 244,000 $ 123,000
Wayne County Michigan 439 $ 64,504,000 $ 146,000 $ 74,000
Saginaw County Michigan 402 $ 25,608,000 $ 63,000 $ 65,000
Washtenaw County Michigan 359 $ 88,196,000 $ 245,000 $ 86,000
Jackson County Michigan 276 $ 23,049,000 $ 83,000 $ 60,000
Macomb County Michigan 261 $ 48,679,000 $ 186,000 $ 83,000
Bay County Michigan 244 $ 13,481,000 $ 55,000 $ 63,000
Muskegon County Michigan 240 $ 22,878,000 $ 95,000 $ 58,000
Livingston County Michigan 236 $ 36,793,000 $ 155,000 $ 100,000
Wexford County Michigan 228 $ 15,491,000 $ 67,000 $ 66,000
Ottawa County Michigan 208 $ 26,513,000 $ 127,000 $ 71,000
Ingham County Michigan 174 $ 22,451,000 $ 129,000 $ 75,000
Shiawassee County Michigan 167 $ 13,369,000 $ 80,000 $ 57,000
Osceola County Michigan 161 $ 8,923,000 $ 55,000 $ 52,000
Brown County Wisconsin 144 $ 21,156,000 $ 146,000 $ 80,000
Midland County Michigan 137 $ 15,072,000 $ 110,000 $ 79,000
Oconto County Wisconsin 136 $ 11,846,000 $ 87,000 $ 56,000
St. Joseph County Michigan 134 $ 8,512,000 $ 63,000 $ 47,000
Winnebago County Wisconsin 121 $ 13,376,000 $ 110,000 $ 64,000
Kent County Michigan 117 $ 18,986,000 $ 162,000 $ 84,000
Clinton County Michigan 111 $ 7,932,000 $ 71,000 $ 65,000
Kalamazoo County Michigan 102 $ 14,524,000 $ 142,000 $ 70,000
Missaukee County Michigan 102 $ 10,308,000 $ 101,000 $ 62,000
Outagamie County Wisconsin 98 $ 8,023,000 $ 81,000 $ 60,000
Cuyahoga County Ohio 92 $ 15,085,000 $ 163,000 $ 65,000
Marquette County Michigan 87 $ 7,269,000 $ 83,000 $ 67,000
Crawford County Michigan 85 $ 6,525,000 $ 76,000 $ 58,000
Otsego County Michigan 75 $ 12,847,000 $ 171,000 $ 99,000
Portage County Wisconsin 74 $ 7,424,000 $ 100,000 $ 61,000
Antrim County Michigan 72 $ 8,441,000 $ 117,000 $ 134,000
Allegan County Michigan 70 $ 11,613,000 $ 165,000 $ 95,000
Oscoda County Michigan 70 $ 4,478,000 $ 63,000 $ 46,000
Grand Traverse County Michigan 69 $ 9,952,000 $ 144,000 $ 79,000
Arenac County Michigan 68 $ 3,205,000 $ 47,000 $ 55,000
Charlevoix County Michigan 68 $ 11,477,000 $ 168,000 $ 132,000
Walworth County Wisconsin 63 $ 6,226,000 $ 98,000 $ 66,000
Lake County Ohio 62 $ 8,506,000 $ 137,000 $ 64,000
Vilas County Wisconsin 62 $ 8,698,000 $ 140,000 $ 107,000
Tuscola County Michigan 61 $ 4,724,000 $ 77,000 $ 57,000
Oneida County Wisconsin 61 $ 9,422,000 $ 154,000 $ 106,000
Door County Wisconsin 60 $ 9,473,000 $ 157,000 $ 63,000
Houghton County Michigan 55 $ 3,768,000 $ 68,000 $ 54,000
Waushara County Wisconsin 52 $ 4,175,000 $ 80,000 $ 60,000
Calumet County Wisconsin 51 $ 5,241,000 $ 102,000 $ 78,000
Marion County Indiana 50 $ 5,865,000 $ 117,000 $ 57,000
Alpena County Michigan 50 $ 3,540,000 $ 70,000 $ 55,000
Lapeer County Michigan 49 $ 6,131,000 $ 125,000 $ 74,000
Grant County Wisconsin 47 $ 2,669,000 $ 56,000 $ 54,000
Roscommon County Michigan 39 $ 3,933,000 $ 100,000 $ 83,000
Waupaca County Wisconsin 39 $ 4,458,000 $ 114,000 $ 61,000
Emmet County Michigan 38 $ 16,167,000 $ 425,000 $ 136,000
Monroe County Michigan 38 $ 3,191,000 $ 83,000 $ 72,000
Hamilton County Indiana 37 $ 4,407,000 $ 119,000 $ 59,000
Calhoun County Michigan 37 $ 3,247,000 $ 87,000 $ 60,000
Gladwin County Michigan 35 $ 3,028,000 $ 86,000 $ 53,000
Ogemaw County Michigan 35 $ 1,751,000 $ 50,000 $ 77,000
Eaton County Michigan 30 $ 3,527,000 $ 117,000 $ 61,000
Marinette County Wisconsin 30 $ 2,091,000 $ 69,000 $ 57,000
Clare County Michigan 29 $ 1,803,000 $ 62,000 $ 58,000
Douglas County Wisconsin 29 $ 1,504,000 $ 51,000 $ 75,000
Geauga County Ohio 27 $ 4,246,000 $ 157,000 $ 57,000
Kewaunee County Wisconsin 27 $ 1,833,000 $ 67,000 $ 51,000
Leelanau County Michigan 26 $ 7,835,000 $ 301,000 $ 188,000
Jefferson County Wisconsin 26 $ 1,874,000 $ 72,000 $ 57,000
Waukesha County Wisconsin 26 $ 6,863,000 $ 263,000 $ 165,000
Alcona County Michigan 23 $ 2,683,000 $ 116,000 $ 73,000
Gogebic County Michigan 23 $ 916,000 $ 39,000 $ 35,000
Howard County Indiana 22 $ 2,615,000 $ 118,000 $ 63,000
Kalkaska County Michigan 22 $ 2,322,000 $ 105,000 $ 93,000
Lincoln County Wisconsin 22 $ 2,061,000 $ 93,000 $ 108,000
Milwaukee County Wisconsin 21 $ 5,095,000 $ 242,000 $ 231,000
Johnson County Indiana 20 $ 2,325,000 $ 116,000 $ 50,000
Benzie County Michigan 20 $ 2,788,000 $ 139,000 $ 85,000
Hancock County Indiana 19 $ 2,505,000 $ 131,000 $ 59,000
Alger County Michigan 18 $ 1,493,000 $ 82,000 $ 69,000
Iron County Michigan 18 $ 1,095,000 $ 60,000 $ 51,000
Lenawee County Michigan 18 $ 2,220,000 $ 123,000 $ 79,000
Crawford County Wisconsin 18 $ 1,070,000 $ 59,000 $ 39,000
Barry County Michigan 17 $ 3,009,000 $ 177,000 $ 82,000
Isabella County Michigan 17 $ 4,461,000 $ 262,000 $ 66,000
Lake County Michigan 17 $ 1,210,000 $ 71,000 $ 49,000
Lorain County Ohio 17 $ 3,320,000 $ 195,000 $ 72,000
Ottawa County Ohio 17 $ 2,601,000 $ 153,000 $ 126,000
Manitowoc County Wisconsin 17 $ 1,616,000 $ 95,000 $ 61,000
Polk County Wisconsin 17 $ 1,833,000 $ 107,000 $ 73,000
Chippewa County Michigan 16 $ 1,654,000 $ 103,000 $ 70,000
Newaygo County Michigan 16 $ 1,718,000 $ 107,000 $ 61,000
St. Clair County Michigan 16 $ 2,508,000 $ 156,000 $ 95,000
Van Buren County Michigan 16 $ 2,331,000 $ 145,000 $ 46,000
Branch County Michigan 15 $ 1,227,000 $ 81,000 $ 66,000
Cheboygan County Michigan 15 $ 2,122,000 $ 141,000 $ 224,000
Mecosta County Michigan 15 $ 1,712,000 $ 114,000 $ 77,000
Presque Isle County Michigan 15 $ 1,059,000 $ 70,000 $ 48,000
Medina County Ohio 15 $ 2,523,000 $ 168,000 $ 84,000
Iron County Wisconsin 15 $ 971,000 $ 64,000 $ 42,000
Lafayette County Wisconsin 15 $ 418,000 $ 27,000 $ 51,000
Baraga County Michigan 14 $ 1,095,000 $ 78,000 $ 76,000
Delta County Michigan 14 $ 1,121,000 $ 80,000 $ 68,000
Dickinson County Michigan 14 $ 558,000 $ 39,000 $ 44,000
Iosco County Michigan 14 $ 1,379,000 $ 98,000 $ 88,000
Manistee County Michigan 14 $ 1,046,000 $ 74,000 $ 48,000
Summit County Ohio 14 $ 2,845,000 $ 203,000 $ 68,000
Iowa County Wisconsin 14 $ 1,235,000 $ 88,000 $ 60,000
Hendricks County Indiana 13 $ 1,634,000 $ 125,000 $ 52,000
Gratiot County Michigan 13 $ 598,000 $ 46,000 $ 42,000
Montmorency County Michigan 13 $ 1,479,000 $ 113,000 $ 75,000
Shawano County Wisconsin 13 $ 1,343,000 $ 103,000 $ 68,000
Green County Wisconsin 12 $ 609,000 $ 50,000 $ 53,000
St. Croix County Wisconsin 12 $ 1,525,000 $ 127,000 $ 68,000
Morgan County Indiana 11 $ 1,321,000 $ 120,000 $ 47,000
Keweenaw County Michigan 11 $ 1,272,000 $ 115,000 $ 69,000
Oceana County Michigan 11 $ 907,000 $ 82,000 $ 36,000
Adams County Wisconsin 11 $ 1,520,000 $ 138,000 $ 73,000
Hillsdale County Michigan 10 $ 522,000 $ 52,000 $ 85,000
Cook County Illinois 9 $ 3,165,000 $ 351,000 $ 162,000
Langlade County Wisconsin 9 $ 491,000 $ 54,000 $ 44,000
Lee County Florida 8 $ 3,505,000 $ 438,000 $ 356,000
Broward County Florida 7 $ 2,145,000 $ 306,000 $ 465,000
Tippecanoe County Indiana 7 $ 840,000 $ 120,000 $ 37,000
Luce County Michigan 7 $ 488,000 $ 69,000 $ 50,000
Mackinac County Michigan 7 $ 2,546,000 $ 363,000 $ 297,000
Menominee County Michigan 7 $ 687,000 $ 98,000 $ 63,000
Ontonagon County Michigan 7 $ 256,000 $ 36,000 $ 48,000
Franklin County Ohio 7 $ 1,101,000 $ 157,000 $ 95,000
Lucas County Ohio 7 $ 10,740,000 $ 1,534,000 $ 48,000
Portage County Ohio 7 $ 1,059,000 $ 151,000 $ 54,000
Racine County Wisconsin 7 $ 1,176,000 $ 168,000 $ 46,000
Sheboygan County Wisconsin 7 $ 671,000 $ 95,000 $ 150,000
Maricopa County Arizona 6 $ 751,000 $ 125,000 $ 87,000
Sarasota County Florida 6 $ 1,879,000 $ 313,000 $ 134,000
Madison County Indiana 6 $ 786,000 $ 131,000 $ 56,000
Berrien County Michigan 6 $ 862,000 $ 143,000 $ 42,000
Montcalm County Michigan 6 $ 371,000 $ 61,000 $ 60,000
Hennepin County Minnesota 6 $ 373,000 $ 62,000 $ 98,000
Florence County Wisconsin 6 $ 727,000 $ 121,000 $ 81,000
Rock County Wisconsin 6 $ 11,363,000 $ 1,893,000 $ 40,000
Wood County Wisconsin 6 $ 474,000 $ 79,000 $ 54,000
LaGrange County Indiana 5 $ 270,000 $ 54,000 $ 41,000
Mason County Michigan 5 $ 544,000 $ 108,000 $ 109,000
Montgomery County Ohio 5 $ 304,000 $ 60,000 $ 77,000
Marathon County Wisconsin 5 $ 571,000 $ 114,000 $ 69,000
Washington County Wisconsin 5 $ 905,000 $ 181,000 $ 96,000
Mohave County Arizona 4 $ 397,000 $ 99,000 $ 300,000
Collier County Florida 4 $ 1,101,000 $ 275,000 $ 199,000
Pinellas County Florida 4 $ 1,227,000 $ 306,000 $ 322,000
Hardin County Iowa 4 $ 103,000 $ 25,000 $ 118,000
Huron County Michigan 4 $ 184,000 $ 46,000 $ 39,000
Columbia County Wisconsin 4 $ 773,000 $ 193,000 $ 110,000
Forest County Wisconsin 4 $ 432,000 $ 108,000 $ 29,000
Green Lake County Wisconsin 4 $ 256,000 $ 64,000 $ 43,000
Dubuque County Iowa 3 $ 93,000 $ 31,000 $ 24,000
Cass County Michigan 3 $ 140,000 $ 46,000 $ 52,000
Sanilac County Michigan 3 $ 542,000 $ 180,000 $ 84,000
Schoolcraft County Michigan 3 $ 164,000 $ 54,000 $ 84,000
Washington County Minnesota 3 $ 483,000 $ 161,000 $ 101,000
Ashtabula County Ohio 3 $ 323,000 $ 107,000 $ 44,000
Greene County Ohio 3 $ 627,000 $ 209,000 $ 138,000
Denton County Texas 3 $ 422,000 $ 140,000 $ 60,000
Dane County Wisconsin 3 $ 559,000 $ 186,000 $ 63,000
Dodge County Wisconsin 3 $ 188,000 $ 62,000 $ 57,000
New London County Connecticut 2 $ 234,000 $ 117,000 $ 106,000
Martin County Florida 2 $ 250,000 $ 125,000 $ 93,000
Miami-Dade County Florida 2 $ 1,125,000 $ 562,000 $ 371,000
Osceola County Florida 2 $ 673,000 $ 336,000 $ 1,396,000
Palm Beach County Florida 2 $ 1,640,000 $ 820,000 $ 574,000
Pasco County Florida 2 $ 248,000 $ 124,000 $ 84,000
St. Lucie County Florida 2 $ 299,000 $ 149,000 $ 284,000
Walton County Florida 2 $ 290,000 $ 145,000 $ 436,000
Henry County Indiana 2 $ 248,000 $ 124,000 $ 83,000
Miami County Indiana 2 $ 203,000 $ 101,000 $ 73,000
Shelby County Indiana 2 $ 220,000 $ 110,000 $ 32,000
St. Joseph County Indiana 2 $ 992,000 $ 496,000 $ 0
Clayton County Iowa 2 $ 93,000 $ 46,000 $ 37,000
Marion County Iowa 2 $ 279,000 $ 139,000 $ 400,000
Ionia County Michigan 2 $ 129,000 $ 64,000 $ 38,000
Mille Lacs County Minnesota 2 $ 155,000 $ 77,000 $ 128,000
Olmsted County Minnesota 2 $ 195,000 $ 97,000 $ 90,000
Scott County Minnesota 2 $ 592,000 $ 296,000 $ 126,000
Carroll County Ohio 2 $ 160,000 $ 80,000 $ 129,000
Clermont County Ohio 2 $ 249,000 $ 124,000 $ 41,000
Hancock County Ohio 2 $ 146,000 $ 73,000 $ 91,000
Huron County Ohio 2 $ 100,000 $ 50,000 $ 43,000
Sandusky County Ohio 2 $ 474,000 $ 237,000 $ 96,000
Trumbull County Ohio 2 $ 136,000 $ 68,000 $ 0
Warren County Ohio 2 $ 442,000 $ 221,000 $ 78,000
Beaufort County South Carolina 2 $ 1,151,000 $ 575,000 $ 69,000
Chippewa County Wisconsin 2 $ 461,000 $ 230,000 $ 84,000
Ozaukee County Wisconsin 2 $ 329,000 $ 164,000 $ 124,000
Price County Wisconsin 2 $ 187,000 $ 93,000 $ 69,000
Navajo County Arizona 1 $ 761,000 $ 761,000 $ 253,000
Pima County Arizona 1 $ 417,000 $ 417,000 $ 117,000
Marin County California 1 $ 125,000 $ 125,000 $ 120,000
Riverside County California 1 $ 940,000 $ 940,000 $ 328,000
Charlotte County Florida 1 $ 96,000 $ 96,000 $ 100,000
Citrus County Florida 1 $ 20,000 $ 20,000 $ 259,000
Hillsborough County Florida 1 $ 125,000 $ 125,000 $ 151,000
Monroe County Florida 1 $ 500,000 $ 500,000 $ 0
St. Johns County Florida 1 $ 200,000 $ 200,000 $ 91,000
Volusia County Florida 1 $ 100,000 $ 100,000 $ 0
Jo Daviess County Illinois 1 $ 27,000 $ 27,000 $ 86,000
Lake County Illinois 1 $ 31,000 $ 31,000 $ 85,000
Stephenson County Illinois 1 $ 70,000 $ 70,000 $ 95,000
Woodford County Illinois 1 $ 122,000 $ 122,000 $ 41,000
Adams County Indiana 1 $ 64,000 $ 64,000 $ 135,000
Boone County Indiana 1 $ 268,000 $ 268,000 $ 48,000
Cass County Indiana 1 $ 111,000 $ 111,000 $ 122,000
Elkhart County Indiana 1 $ 252,000 $ 252,000 $ 183,000
Grant County Indiana 1 $ 88,000 $ 88,000 $ 21,000
Lake County Indiana 1 $ 387,000 $ 387,000 $ 169,000
Porter County Indiana 1 $ 121,000 $ 121,000 $ 139,000
Steuben County Indiana 1 $ 88,000 $ 88,000 $ 106,000
Marshall County Iowa 1 $ 50,000 $ 50,000 $ 37,000
Caddo County Louisiana 1 $ 125,000 $ 125,000 $ 31,000
Oxford County Maine 1 $ 124,000 $ 124,000 $ 0
Sagadahoc County Maine 1 $ 137,000 $ 137,000 $ 0
Berkshire County Massachusetts 1 $ 145,000 $ 145,000 $ 42,000
Middlesex County Massachusetts 1 $ 11,000 $ 11,000 $ 120,000
Carlton County Minnesota 1 $ 49,000 $ 49,000 $ 43,000
Dakota County Minnesota 1 $ 269,000 $ 269,000 $ 86,000
Sherburne County Minnesota 1 $ 27,000 $ 27,000 $ 68,000
St. Louis County Minnesota 1 $ 6,000 $ 6,000 $ 53,000
Tallahatchie County Mississippi 1 $ 167,000 $ 167,000 $ 105,000
Jefferson County Missouri 1 $ 90,000 $ 90,000 $ 23,000
Merrimack County New Hampshire 1 $ 350,000 $ 350,000 $ 140,000
Warren County New Jersey 1 $ 10,000 $ 10,000 $ 50,000
Wake County North Carolina 1 $ 325,000 $ 325,000 $ 110,000
Burleigh County North Dakota 1 $ 10,000 $ 10,000 $ 48,000
Allen County Ohio 1 $ 79,000 $ 79,000 $ 70,000
Ashland County Ohio 1 $ 66,000 $ 66,000 $ 33,000
Auglaize County Ohio 1 $ 52,000 $ 52,000 $ 29,000
Champaign County Ohio 1 $ 97,000 $ 97,000 $ 39,000
Erie County Ohio 1 $ 199,000 $ 199,000 $ 42,000
Hamilton County Ohio 1 $ 195,000 $ 195,000 $ 40,000
Mahoning County Ohio 1 $ 125,000 $ 125,000 $ 42,000
Miami County Ohio 1 $ 34,000 $ 34,000 $ 79,000
Richland County Ohio 1 $ 160,000 $ 160,000 $ 58,000
Shelby County Ohio 1 $ 155,000 $ 155,000 $ 41,000
Horry County South Carolina 1 $ 296,000 $ 296,000 $ 96,000
Campbell County Tennessee 1 $ 300,000 $ 300,000 $ 175,000
Davidson County Tennessee 1 $ 120,000 $ 120,000 $ 39,000
Robertson County Tennessee 1 $ 100,000 $ 100,000 $ 30,000
Sumner County Tennessee 1 $ 143,000 $ 143,000 $ 45,000
Barron County Wisconsin 1 $ 118,000 $ 118,000 $ 90,000
Bayfield County Wisconsin 1 $ 15,000 $ 15,000 $ 86,000
Clark County Wisconsin 1 $ 54,000 $ 54,000 $ 50,000
Fond du Lac County Wisconsin 1 $ 80,000 $ 80,000 $ 195,000
Kenosha County Wisconsin 1 $ 180,000 $ 180,000 $ 81,000
Marquette County Wisconsin 1 $ 66,000 $ 66,000 $ 60,000
Pierce County Wisconsin 1 $ 174,000 $ 174,000 $ 120,000
Rusk County Wisconsin 1 $ 70,000 $ 70,000 $ 62,000
Sauk County Wisconsin 1 $ 110,000 $ 110,000 $ 133,000

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 Citizens Bank in 2007

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 4,529 $613,288,000 $135,000 $3,845,000 $81,000 $3,600,000
Home Purchase 3,641 $569,779,000 $156,000 $16,000,000 $78,000 $3,415,000
Home Improvement 1,846 $71,645,000 $38,000 $11,000,000 $58,000 $2,088,000

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 8,649 $990,497,000 $114,000 $3,845,000 $76,000 $3,600,000
Black or African American 561 $50,188,000 $89,000 $1,940,000 $71,000 $3,415,000
Not Provided 357 $46,843,000 $131,000 $939,000 $87,000 $1,875,000
Hispanic 181 $14,716,000 $81,000 $650,000 $53,000 $241,000
Asian 142 $34,492,000 $242,000 $2,000,000 $113,000 $720,000
Not applicable 87 $112,955,000 $1,298,000 $16,000,000 $0 $0
American Indian or Alaskan Native 31 $3,965,000 $127,000 $720,000 $82,000 $400,000
Native Hawaiian or Other Pacific Islander 8 $1,056,000 $132,000 $270,000 $126,000 $370,000

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) 9,418 $1,186,245,000 $125,000 $16,000,000 $77,000 $3,600,000
FHA-insured (Federal Housing Administration) 521 $59,231,000 $113,000 $296,000 $47,000 $169,000
VA-guaranteed (Veterans Administration) 47 $6,276,000 $133,000 $338,000 $55,000 $158,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 30 $2,960,000 $98,000 $196,000 $36,000 $75,000

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 6,393 $848,758,000 $132,000 $16,000,000 $77,000 $2,305,000
Application Denied By Financial Institution 1,658 $123,877,000 $74,000 $1,940,000 $60,000 $1,550,000
Application Withdrawn By Applicant 904 $146,518,000 $162,000 $1,680,000 $83,000 $3,600,000
Application Approved But Not Accepted 733 $84,952,000 $115,000 $2,000,000 $85,000 $2,378,000
File Closed For Incompleteness 175 $32,136,000 $183,000 $1,940,000 $109,000 $3,415,000
Preapproval Denied by Financial Institution 153 $18,471,000 $120,000 $1,000,000 $58,000 $1,176,000
Loan Purchased By The Institution 0 $0 $0 $0 $0 $0
Preapproval Approved but not Accepted 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
Credit History 926 $34,606,000 $37,000 $1,200,000 $48,000 $900,000
Credit Application Incomplete 262 $43,114,000 $164,000 $1,940,000 $77,000 $1,550,000
Debt-To-Income Ratio 255 $26,066,000 $102,000 $960,000 $52,000 $251,000
Collateral 207 $24,339,000 $117,000 $1,500,000 $95,000 $1,442,000
Other 116 $7,987,000 $68,000 $475,000 $76,000 $500,000
Insufficient Cash (Downpayment, Closing Cost) 22 $2,116,000 $96,000 $270,000 $30,000 $104,000
Unverifiable Information 14 $3,199,000 $228,000 $938,000 $83,000 $305,000
Employment History 9 $921,000 $102,000 $404,000 $39,000 $60,000
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.

Download the Michigan Lender List