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 Comerica 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 | Comerica Bank 411 W Lafayette Blvd Detroit, MI 48226 Tel #: available with data download |
Federal Regulator | * available with data download |
Years | 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 |
Total Number of Mortgage Applications | 14,299 |
Total Mortgage Loan Application Amount | $2,944,775,000 |
Average Mortgage Loan Application Amount | $289,166 |
Highest Mortgage Loan Application Amount | $53,005,000 |
Average Applicant Income | $137,166 |
Highest Applicant Income | $9,876,000 |
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 |
---|---|---|---|---|
Harris County Texas | 1,620 | $ 236,350,000 | $ 145,000 | $ 100,000 |
Oakland County Michigan | 1,359 | $ 215,625,000 | $ 158,000 | $ 151,000 |
Wayne County Michigan | 1,332 | $ 108,510,000 | $ 81,000 | $ 88,000 |
Los Angeles County California | 1,100 | $ 528,120,000 | $ 480,000 | $ 229,000 |
Dallas County Texas | 1,061 | $ 168,575,000 | $ 158,000 | $ 98,000 |
Macomb County Michigan | 955 | $ 116,385,000 | $ 121,000 | $ 74,000 |
Maricopa County Arizona | 502 | $ 70,850,000 | $ 141,000 | $ 148,000 |
San Diego County California | 461 | $ 126,825,000 | $ 275,000 | $ 188,000 |
Santa Clara County California | 402 | $ 240,300,000 | $ 597,000 | $ 275,000 |
Orange County California | 401 | $ 100,855,000 | $ 251,000 | $ 189,000 |
Collin County Texas | 341 | $ 67,135,000 | $ 196,000 | $ 157,000 |
Tarrant County Texas | 309 | $ 49,375,000 | $ 159,000 | $ 136,000 |
Fort Bend County Texas | 281 | $ 51,495,000 | $ 183,000 | $ 165,000 |
Alameda County California | 257 | $ 57,315,000 | $ 223,000 | $ 194,000 |
Washtenaw County Michigan | 247 | $ 34,825,000 | $ 140,000 | $ 115,000 |
Jackson County Michigan | 233 | $ 17,065,000 | $ 73,000 | $ 64,000 |
San Mateo County California | 222 | $ 88,320,000 | $ 397,000 | $ 268,000 |
Santa Cruz County California | 172 | $ 34,060,000 | $ 198,000 | $ 162,000 |
Kent County Michigan | 158 | $ 20,120,000 | $ 127,000 | $ 107,000 |
Contra Costa County California | 157 | $ 41,205,000 | $ 262,000 | $ 205,000 |
Denton County Texas | 155 | $ 24,685,000 | $ 159,000 | $ 171,000 |
Travis County Texas | 152 | $ 33,920,000 | $ 223,000 | $ 143,000 |
Bexar County Texas | 145 | $ 18,605,000 | $ 128,000 | $ 84,000 |
Palm Beach County Florida | 142 | $ 35,780,000 | $ 251,000 | $ 146,000 |
Livingston County Michigan | 109 | $ 14,875,000 | $ 136,000 | $ 119,000 |
Riverside County California | 108 | $ 16,120,000 | $ 149,000 | $ 152,000 |
Muskegon County Michigan | 103 | $ 10,515,000 | $ 102,000 | $ 74,000 |
Kalamazoo County Michigan | 92 | $ 9,400,000 | $ 102,000 | $ 107,000 |
Montgomery County Texas | 91 | $ 12,865,000 | $ 141,000 | $ 115,000 |
Calhoun County Michigan | 87 | $ 5,915,000 | $ 67,000 | $ 66,000 |
Monterey County California | 85 | $ 13,595,000 | $ 159,000 | $ 124,000 |
San Bernardino County California | 85 | $ 16,265,000 | $ 191,000 | $ 139,000 |
San Francisco County California | 79 | $ 28,635,000 | $ 362,000 | $ 221,000 |
Kerr County Texas | 76 | $ 8,560,000 | $ 112,000 | $ 78,000 |
Broward County Florida | 69 | $ 10,475,000 | $ 151,000 | $ 89,000 |
Ottawa County Michigan | 59 | $ 7,405,000 | $ 125,000 | $ 81,000 |
Ingham County Michigan | 58 | $ 3,980,000 | $ 68,000 | $ 73,000 |
Williamson County Texas | 53 | $ 7,435,000 | $ 140,000 | $ 110,000 |
Lenawee County Michigan | 52 | $ 4,670,000 | $ 89,000 | $ 73,000 |
Ellis County Texas | 52 | $ 5,400,000 | $ 103,000 | $ 78,000 |
Ventura County California | 51 | $ 6,895,000 | $ 135,000 | $ 171,000 |
Galveston County Texas | 41 | $ 7,035,000 | $ 171,000 | $ 147,000 |
Brazoria County Texas | 39 | $ 6,365,000 | $ 163,000 | $ 111,000 |
Collier County Florida | 32 | $ 9,230,000 | $ 288,000 | $ 150,000 |
San Joaquin County California | 25 | $ 3,385,000 | $ 135,000 | $ 128,000 |
St. Clair County Michigan | 25 | $ 2,825,000 | $ 113,000 | $ 90,000 |
Clinton County Michigan | 21 | $ 2,345,000 | $ 111,000 | $ 100,000 |
Eaton County Michigan | 21 | $ 1,915,000 | $ 91,000 | $ 92,000 |
Marin County California | 17 | $ 4,885,000 | $ 287,000 | $ 295,000 |
Pinal County Arizona | 16 | $ 1,230,000 | $ 76,000 | $ 69,000 |
Sacramento County California | 16 | $ 2,540,000 | $ 158,000 | $ 152,000 |
Kendall County Texas | 16 | $ 2,010,000 | $ 125,000 | $ 61,000 |
Midland County Michigan | 15 | $ 925,000 | $ 61,000 | $ 76,000 |
San Benito County California | 14 | $ 4,250,000 | $ 303,000 | $ 227,000 |
Rockwall County Texas | 14 | $ 2,330,000 | $ 166,000 | $ 46,000 |
Lapeer County Michigan | 13 | $ 2,105,000 | $ 161,000 | $ 188,000 |
Monroe County Michigan | 13 | $ 1,485,000 | $ 114,000 | $ 144,000 |
Genesee County Michigan | 12 | $ 1,260,000 | $ 105,000 | $ 374,000 |
Solano County California | 11 | $ 6,945,000 | $ 631,000 | $ 140,000 |
Van Buren County Michigan | 11 | $ 1,385,000 | $ 125,000 | $ 58,000 |
Placer County California | 10 | $ 3,450,000 | $ 345,000 | $ 354,000 |
Stanislaus County California | 10 | $ 1,200,000 | $ 120,000 | $ 78,000 |
Lee County Florida | 10 | $ 4,020,000 | $ 402,000 | $ 215,000 |
Kaufman County Texas | 10 | $ 1,390,000 | $ 139,000 | $ 116,000 |
Napa County California | 9 | $ 965,000 | $ 107,000 | $ 180,000 |
Santa Barbara County California | 9 | $ 3,995,000 | $ 443,000 | $ 398,000 |
Sarasota County Florida | 9 | $ 3,735,000 | $ 415,000 | $ 215,000 |
Gladwin County Michigan | 9 | $ 1,105,000 | $ 122,000 | $ 69,000 |
Waller County Texas | 9 | $ 1,525,000 | $ 169,000 | $ 148,000 |
Kern County California | 8 | $ 1,380,000 | $ 172,000 | $ 81,000 |
Bastrop County Texas | 8 | $ 1,050,000 | $ 131,000 | $ 97,000 |
Coconino County Arizona | 7 | $ 1,395,000 | $ 199,000 | $ 166,000 |
Fresno County California | 7 | $ 875,000 | $ 125,000 | $ 156,000 |
San Luis Obispo County California | 7 | $ 985,000 | $ 140,000 | $ 388,000 |
Barry County Michigan | 7 | $ 2,585,000 | $ 369,000 | $ 49,000 |
Burnet County Texas | 7 | $ 1,325,000 | $ 189,000 | $ 80,000 |
Hunt County Texas | 7 | $ 385,000 | $ 55,000 | $ 67,000 |
Johnson County Texas | 7 | $ 965,000 | $ 137,000 | $ 87,000 |
Parker County Texas | 7 | $ 995,000 | $ 142,000 | $ 127,000 |
Pima County Arizona | 6 | $ 740,000 | $ 123,000 | $ 86,000 |
Miami-Dade County Florida | 6 | $ 5,120,000 | $ 853,000 | $ 1,246,000 |
Saginaw County Michigan | 6 | $ 760,000 | $ 126,000 | $ 116,000 |
Grayson County Texas | 6 | $ 400,000 | $ 66,000 | $ 72,000 |
Liberty County Texas | 6 | $ 810,000 | $ 135,000 | $ 69,000 |
El Dorado County California | 5 | $ 1,225,000 | $ 245,000 | $ 184,000 |
Allegan County Michigan | 5 | $ 745,000 | $ 149,000 | $ 93,000 |
Branch County Michigan | 5 | $ 605,000 | $ 121,000 | $ 105,000 |
Emmet County Michigan | 5 | $ 1,675,000 | $ 335,000 | $ 1,025,000 |
Montcalm County Michigan | 5 | $ 1,585,000 | $ 317,000 | $ 44,000 |
Shiawassee County Michigan | 5 | $ 345,000 | $ 69,000 | $ 71,000 |
Guadalupe County Texas | 5 | $ 1,115,000 | $ 223,000 | $ 157,000 |
Yavapai County Arizona | 4 | $ 690,000 | $ 172,000 | $ 135,000 |
Sonoma County California | 4 | $ 3,680,000 | $ 920,000 | $ 741,000 |
Hillsdale County Michigan | 4 | $ 330,000 | $ 82,000 | $ 121,000 |
Leelanau County Michigan | 4 | $ 980,000 | $ 245,000 | $ 258,000 |
Oceana County Michigan | 4 | $ 660,000 | $ 165,000 | $ 172,000 |
Ogemaw County Michigan | 4 | $ 310,000 | $ 77,000 | $ 50,000 |
Clark County Nevada | 4 | $ 9,280,000 | $ 2,320,000 | $ 1,961,000 |
San Jacinto County Texas | 4 | $ 770,000 | $ 192,000 | $ 88,000 |
Gila County Arizona | 3 | $ 475,000 | $ 158,000 | $ 235,000 |
Navajo County Arizona | 3 | $ 485,000 | $ 161,000 | $ 81,000 |
Eagle County Colorado | 3 | $ 8,265,000 | $ 2,755,000 | $ 2,053,000 |
Orange County Florida | 3 | $ 2,795,000 | $ 931,000 | $ 430,000 |
Antrim County Michigan | 3 | $ 935,000 | $ 311,000 | $ 388,000 |
Charlevoix County Michigan | 3 | $ 7,105,000 | $ 2,368,000 | $ 225,000 |
Cheboygan County Michigan | 3 | $ 795,000 | $ 265,000 | $ 539,000 |
Clare County Michigan | 3 | $ 335,000 | $ 111,000 | $ 46,000 |
Grand Traverse County Michigan | 3 | $ 765,000 | $ 255,000 | $ 387,000 |
Newaygo County Michigan | 3 | $ 315,000 | $ 105,000 | $ 150,000 |
Sanilac County Michigan | 3 | $ 415,000 | $ 138,000 | $ 102,000 |
Cooke County Texas | 3 | $ 295,000 | $ 98,000 | $ 138,000 |
Fannin County Texas | 3 | $ 235,000 | $ 78,000 | $ 64,000 |
Hood County Texas | 3 | $ 335,000 | $ 111,000 | $ 32,000 |
Navarro County Texas | 3 | $ 395,000 | $ 131,000 | $ 227,000 |
Polk County Texas | 3 | $ 255,000 | $ 85,000 | $ 63,000 |
Mohave County Arizona | 2 | $ 180,000 | $ 90,000 | $ 97,000 |
Imperial County California | 2 | $ 240,000 | $ 120,000 | $ 52,000 |
Yolo County California | 2 | $ 430,000 | $ 215,000 | $ 249,000 |
Manatee County Florida | 2 | $ 370,000 | $ 185,000 | $ 247,000 |
Monroe County Florida | 2 | $ 1,630,000 | $ 815,000 | $ 1,782,000 |
Okaloosa County Florida | 2 | $ 2,030,000 | $ 1,015,000 | $ 514,000 |
Pasco County Florida | 2 | $ 130,000 | $ 65,000 | $ 124,000 |
Walton County Florida | 2 | $ 1,940,000 | $ 970,000 | $ 255,000 |
St. Joseph County Indiana | 2 | $ 150,000 | $ 75,000 | $ 62,000 |
Alcona County Michigan | 2 | $ 130,000 | $ 65,000 | $ 84,000 |
Alger County Michigan | 2 | $ 130,000 | $ 65,000 | $ 105,000 |
Arenac County Michigan | 2 | $ 110,000 | $ 55,000 | $ 24,000 |
Benzie County Michigan | 2 | $ 380,000 | $ 190,000 | $ 74,000 |
Chippewa County Michigan | 2 | $ 200,000 | $ 100,000 | $ 58,000 |
Ionia County Michigan | 2 | $ 340,000 | $ 170,000 | $ 235,000 |
Mason County Michigan | 2 | $ 810,000 | $ 405,000 | $ 521,000 |
Mecosta County Michigan | 2 | $ 220,000 | $ 110,000 | $ 298,000 |
Osceola County Michigan | 2 | $ 300,000 | $ 150,000 | $ 54,000 |
Roscommon County Michigan | 2 | $ 260,000 | $ 130,000 | $ 260,000 |
St. Joseph County Michigan | 2 | $ 110,000 | $ 55,000 | $ 23,000 |
Wake County North Carolina | 2 | $ 750,000 | $ 375,000 | $ 228,000 |
Bell County Texas | 2 | $ 170,000 | $ 85,000 | $ 60,000 |
Comal County Texas | 2 | $ 140,000 | $ 70,000 | $ 45,000 |
Hamilton County Texas | 2 | $ 140,000 | $ 70,000 | $ 66,000 |
Henderson County Texas | 2 | $ 2,330,000 | $ 1,165,000 | $ 444,000 |
Houston County Texas | 2 | $ 130,000 | $ 65,000 | $ 35,000 |
Real County Texas | 2 | $ 270,000 | $ 135,000 | $ 76,000 |
Val Verde County Texas | 2 | $ 170,000 | $ 85,000 | $ 56,000 |
Van Zandt County Texas | 2 | $ 110,000 | $ 55,000 | $ 35,000 |
Walker County Texas | 2 | $ 280,000 | $ 140,000 | $ 124,000 |
Washington County Texas | 2 | $ 60,000 | $ 30,000 | $ 64,000 |
Wise County Texas | 2 | $ 400,000 | $ 200,000 | $ 59,000 |
Salt Lake County Utah | 2 | $ 2,730,000 | $ 1,365,000 | $ 630,000 |
Baldwin County Alabama | 1 | $ 345,000 | $ 345,000 | $ 255,000 |
Limestone County Alabama | 1 | $ 75,000 | $ 75,000 | $ 46,000 |
Apache County Arizona | 1 | $ 25,000 | $ 25,000 | $ 62,000 |
Yuma County Arizona | 1 | $ 135,000 | $ 135,000 | $ 32,000 |
Pulaski County Arkansas | 1 | $ 155,000 | $ 155,000 | $ 35,000 |
Butte County California | 1 | $ 105,000 | $ 105,000 | $ 49,000 |
Mendocino County California | 1 | $ 55,000 | $ 55,000 | $ 194,000 |
Plumas County California | 1 | $ 55,000 | $ 55,000 | $ 72,000 |
Tulare County California | 1 | $ 45,000 | $ 45,000 | $ 147,000 |
Arapahoe County Colorado | 1 | $ 5,185,000 | $ 5,185,000 | $ 1,167,000 |
Boulder County Colorado | 1 | $ 805,000 | $ 805,000 | $ 416,000 |
Denver County Colorado | 1 | $ 355,000 | $ 355,000 | $ 1,105,000 |
Ouray County Colorado | 1 | $ 305,000 | $ 305,000 | $ 104,000 |
Rio Grande County Colorado | 1 | $ 65,000 | $ 65,000 | $ 53,000 |
Fairfield County Connecticut | 1 | $ 805,000 | $ 805,000 | $ 8,726,000 |
Citrus County Florida | 1 | $ 605,000 | $ 605,000 | $ 0 |
Duval County Florida | 1 | $ 65,000 | $ 65,000 | $ 156,000 |
Flagler County Florida | 1 | $ 11,945,000 | $ 11,945,000 | $ 0 |
Franklin County Florida | 1 | $ 1,175,000 | $ 1,175,000 | $ 144,000 |
Hernando County Florida | 1 | $ 145,000 | $ 145,000 | $ 33,000 |
Hillsborough County Florida | 1 | $ 2,805,000 | $ 2,805,000 | $ 0 |
Osceola County Florida | 1 | $ 505,000 | $ 505,000 | $ 279,000 |
Pinellas County Florida | 1 | $ 155,000 | $ 155,000 | $ 641,000 |
Santa Rosa County Florida | 1 | $ 345,000 | $ 345,000 | $ 163,000 |
Cherokee County Georgia | 1 | $ 425,000 | $ 425,000 | $ 0 |
Cobb County Georgia | 1 | $ 215,000 | $ 215,000 | $ 106,000 |
Hawaii County Hawaii | 1 | $ 575,000 | $ 575,000 | $ 472,000 |
Idaho County Idaho | 1 | $ 85,000 | $ 85,000 | $ 119,000 |
Cook County Illinois | 1 | $ 1,295,000 | $ 1,295,000 | $ 128,000 |
Clark County Indiana | 1 | $ 365,000 | $ 365,000 | $ 185,000 |
Steuben County Indiana | 1 | $ 195,000 | $ 195,000 | $ 51,000 |
Calcasieu County Louisiana | 1 | $ 255,000 | $ 255,000 | $ 95,000 |
Orleans County Louisiana | 1 | $ 605,000 | $ 605,000 | $ 434,000 |
Norfolk County Massachusetts | 1 | $ 5,005,000 | $ 5,005,000 | $ 3,242,000 |
Bay County Michigan | 1 | $ 55,000 | $ 55,000 | $ 187,000 |
Crawford County Michigan | 1 | $ 55,000 | $ 55,000 | $ 32,000 |
Gratiot County Michigan | 1 | $ 455,000 | $ 455,000 | $ 0 |
Huron County Michigan | 1 | $ 105,000 | $ 105,000 | $ 86,000 |
Iosco County Michigan | 1 | $ 145,000 | $ 145,000 | $ 46,000 |
Luce County Michigan | 1 | $ 25,000 | $ 25,000 | $ 50,000 |
Montmorency County Michigan | 1 | $ 75,000 | $ 75,000 | $ 151,000 |
Oscoda County Michigan | 1 | $ 35,000 | $ 35,000 | $ 40,000 |
Otsego County Michigan | 1 | $ 15,000 | $ 15,000 | $ 79,000 |
Wexford County Michigan | 1 | $ 25,000 | $ 25,000 | $ 27,000 |
Bernalillo County New Mexico | 1 | $ 625,000 | $ 625,000 | $ 159,000 |
Iredell County North Carolina | 1 | $ 155,000 | $ 155,000 | $ 615,000 |
Mecklenburg County North Carolina | 1 | $ 255,000 | $ 255,000 | $ 80,000 |
New Hanover County North Carolina | 1 | $ 675,000 | $ 675,000 | $ 184,000 |
Orange County North Carolina | 1 | $ 1,165,000 | $ 1,165,000 | $ 2,415,000 |
Multnomah County Oregon | 1 | $ 1,395,000 | $ 1,395,000 | $ 0 |
Washington County Rhode Island | 1 | $ 2,345,000 | $ 2,345,000 | $ 0 |
Blount County Tennessee | 1 | $ 225,000 | $ 225,000 | $ 180,000 |
Davidson County Tennessee | 1 | $ 1,925,000 | $ 1,925,000 | $ 1,165,000 |
Sevier County Tennessee | 1 | $ 205,000 | $ 205,000 | $ 82,000 |
Shelby County Tennessee | 1 | $ 245,000 | $ 245,000 | $ 214,000 |
Williamson County Tennessee | 1 | $ 2,485,000 | $ 2,485,000 | $ 1,165,000 |
Atascosa County Texas | 1 | $ 255,000 | $ 255,000 | $ 124,000 |
Austin County Texas | 1 | $ 205,000 | $ 205,000 | $ 87,000 |
Bandera County Texas | 1 | $ 275,000 | $ 275,000 | $ 250,000 |
Burleson County Texas | 1 | $ 55,000 | $ 55,000 | $ 210,000 |
Cameron County Texas | 1 | $ 65,000 | $ 65,000 | $ 20,000 |
Chambers County Texas | 1 | $ 355,000 | $ 355,000 | $ 231,000 |
Colorado County Texas | 1 | $ 185,000 | $ 185,000 | $ 384,000 |
El Paso County Texas | 1 | $ 65,000 | $ 65,000 | $ 48,000 |
Gillespie County Texas | 1 | $ 155,000 | $ 155,000 | $ 94,000 |
Gregg County Texas | 1 | $ 15,000 | $ 15,000 | $ 53,000 |
Hays County Texas | 1 | $ 195,000 | $ 195,000 | $ 50,000 |
Hopkins County Texas | 1 | $ 105,000 | $ 105,000 | $ 90,000 |
Lee County Texas | 1 | $ 185,000 | $ 185,000 | $ 93,000 |
Leon County Texas | 1 | $ 105,000 | $ 105,000 | $ 111,000 |
Limestone County Texas | 1 | $ 125,000 | $ 125,000 | $ 0 |
Llano County Texas | 1 | $ 265,000 | $ 265,000 | $ 62,000 |
Lubbock County Texas | 1 | $ 25,000 | $ 25,000 | $ 104,000 |
McLennan County Texas | 1 | $ 125,000 | $ 125,000 | $ 52,000 |
Medina County Texas | 1 | $ 165,000 | $ 165,000 | $ 142,000 |
Nueces County Texas | 1 | $ 75,000 | $ 75,000 | $ 124,000 |
Rains County Texas | 1 | $ 155,000 | $ 155,000 | $ 172,000 |
Randall County Texas | 1 | $ 85,000 | $ 85,000 | $ 70,000 |
Robertson County Texas | 1 | $ 75,000 | $ 75,000 | $ 35,000 |
San Augustine County Texas | 1 | $ 55,000 | $ 55,000 | $ 64,000 |
San Saba County Texas | 1 | $ 375,000 | $ 375,000 | $ 90,000 |
Wood County Texas | 1 | $ 55,000 | $ 55,000 | $ 0 |
Summit County Utah | 1 | $ 1,325,000 | $ 1,325,000 | $ 953,000 |
Fairfax County Virginia | 1 | $ 295,000 | $ 295,000 | $ 105,000 |
King County Washington | 1 | $ 50,005,000 | $ 50,005,000 | $ 0 |
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.
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 |
---|---|---|---|---|---|---|
Other Purpose | 4,332 | $691,740,000 | $159,000 | $16,005,000 | $131,000 | $8,396,000 |
Home Improvement | 4,331 | $546,955,000 | $126,000 | $5,005,000 | $133,000 | $3,640,000 |
Refinancing | 4,163 | $923,105,000 | $221,000 | $20,005,000 | $146,000 | $9,876,000 |
Home Purchase | 1,063 | $566,815,000 | $533,000 | $53,005,000 | $200,000 | $8,726,000 |
Cash-out Refinancing | 388 | $212,890,000 | $548,000 | $39,505,000 | $148,000 | $4,976,000 |
Not Applicable | 22 | $3,270,000 | $148,000 | $295,000 | $65,000 | $193,000 |
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 | 6,544 | $1,127,300,000 | $172,000 | $16,005,000 | $136,000 | $5,450,000 |
Not Provided | 3,826 | $937,410,000 | $245,000 | $39,505,000 | $183,000 | $8,726,000 |
Hispanic | 1,236 | $176,570,000 | $142,000 | $18,005,000 | $94,000 | $2,053,000 |
Black or African American | 1,145 | $84,755,000 | $74,000 | $3,365,000 | $84,000 | $9,876,000 |
Asian | 669 | $172,485,000 | $257,000 | $20,005,000 | $164,000 | $3,000,000 |
Not applicable | 356 | $353,800,000 | $993,000 | $53,005,000 | $58,000 | $238,000 |
American Indian or Alaskan Native | 79 | $10,605,000 | $134,000 | $1,305,000 | $113,000 | $800,000 |
Native Hawaiian or Other Pacific Islander | 18 | $2,160,000 | $120,000 | $355,000 | $73,000 | $179,000 |
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) | 14,281 | $2,942,635,000 | $206,000 | $53,005,000 | $141,000 | $9,876,000 |
FHA-insured (Federal Housing Administration) | 16 | $1,870,000 | $116,000 | $265,000 | $46,000 | $82,000 |
VA-guaranteed (Veterans Administration) | 2 | $270,000 | $135,000 | $145,000 | $46,000 | $47,000 |
FSA/RHS (Farm Service Agency or Rural Housing Service) | 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 | 6,357 | $1,505,665,000 | $236,000 | $53,005,000 | $167,000 | $8,726,000 |
Application Denied By Financial Institution | 5,915 | $964,315,000 | $163,000 | $39,505,000 | $113,000 | $4,900,000 |
Application Withdrawn By Applicant | 801 | $256,225,000 | $319,000 | $20,005,000 | $170,000 | $9,876,000 |
File Closed For Incompleteness | 706 | $119,970,000 | $169,000 | $4,755,000 | $151,000 | $2,760,000 |
Loan Purchased By The Institution | 282 | $45,050,000 | $159,000 | $455,000 | $58,000 | $238,000 |
Application Approved But Not Accepted | 238 | $53,550,000 | $225,000 | $6,105,000 | $153,000 | $2,365,000 |
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 |
---|---|---|---|---|---|---|
Not applicable | 8,384 | $1,980,460,000 | $236,000 | $53,005,000 | $162,000 | $9,876,000 |
Credit History | 2,778 | $283,850,000 | $102,000 | $2,405,000 | $96,000 | $4,900,000 |
Debt-To-Income Ratio | 1,584 | $373,740,000 | $235,000 | $39,505,000 | $87,000 | $4,811,000 |
Collateral | 1,116 | $220,140,000 | $197,000 | $4,005,000 | $174,000 | $3,500,000 |
Other | 307 | $49,965,000 | $162,000 | $2,505,000 | $147,000 | $1,772,000 |
Employment History | 73 | $10,715,000 | $146,000 | $605,000 | $76,000 | $250,000 |
Credit Application Incomplete | 41 | $21,465,000 | $523,000 | $2,005,000 | $298,000 | $1,102,000 |
Unverifiable Information | 16 | $4,440,000 | $277,000 | $1,235,000 | $399,000 | $4,446,000 |
Insufficient Cash (Downpayment, Closing Cost) | 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.
If you prefer, you can download a copy of the entire list of mortgage lenders in Michigan, and search similar information at your convenience.