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 Hfg Holdings, Llc.
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 | Hfg Holdings, Llc 888 W Big Beaver Rd, Suite 800 Troy, MI 48084 Tel #: available with data download |
Federal Regulator | * available with data download |
Years | 2022 2021 2020 2019 2018 2017 2016 |
Total Number of Mortgage Applications | 3,023 |
Total Mortgage Loan Application Amount | $549,755,000 |
Average Mortgage Loan Application Amount | $174,250 |
Highest Mortgage Loan Application Amount | $2,405,000 |
Average Applicant Income | $73,000 |
Highest Applicant Income | $750,000 |
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 |
---|---|---|---|---|
Oakland County Michigan | 564 | $ 127,060,000 | $ 225,000 | $ 92,000 |
Wayne County Michigan | 374 | $ 59,410,000 | $ 158,000 | $ 72,000 |
Macomb County Michigan | 372 | $ 61,430,000 | $ 165,000 | $ 69,000 |
Washtenaw County Michigan | 72 | $ 14,610,000 | $ 202,000 | $ 85,000 |
Livingston County Michigan | 64 | $ 15,470,000 | $ 241,000 | $ 94,000 |
Genesee County Michigan | 57 | $ 8,335,000 | $ 146,000 | $ 58,000 |
St. Clair County Michigan | 47 | $ 7,485,000 | $ 159,000 | $ 60,000 |
Kent County Michigan | 36 | $ 5,540,000 | $ 153,000 | $ 65,000 |
Monroe County Michigan | 29 | $ 5,045,000 | $ 173,000 | $ 76,000 |
Ottawa County Michigan | 24 | $ 3,720,000 | $ 155,000 | $ 70,000 |
Berrien County Michigan | 22 | $ 7,620,000 | $ 346,000 | $ 103,000 |
Lapeer County Michigan | 22 | $ 4,020,000 | $ 182,000 | $ 71,000 |
Lenawee County Michigan | 22 | $ 3,320,000 | $ 150,000 | $ 64,000 |
Kalamazoo County Michigan | 16 | $ 2,100,000 | $ 131,000 | $ 42,000 |
Jackson County Michigan | 14 | $ 1,910,000 | $ 136,000 | $ 54,000 |
Grand Traverse County Michigan | 13 | $ 2,355,000 | $ 181,000 | $ 60,000 |
Ingham County Michigan | 12 | $ 1,780,000 | $ 148,000 | $ 73,000 |
Allegan County Michigan | 11 | $ 1,425,000 | $ 129,000 | $ 53,000 |
Emmet County Michigan | 9 | $ 1,355,000 | $ 150,000 | $ 52,000 |
Bay County Michigan | 8 | $ 900,000 | $ 112,000 | $ 48,000 |
Calhoun County Michigan | 8 | $ 910,000 | $ 113,000 | $ 63,000 |
Eaton County Michigan | 7 | $ 935,000 | $ 133,000 | $ 42,000 |
St. Joseph County Michigan | 7 | $ 825,000 | $ 117,000 | $ 56,000 |
Leelanau County Michigan | 6 | $ 1,840,000 | $ 306,000 | $ 151,000 |
Midland County Michigan | 6 | $ 740,000 | $ 123,000 | $ 87,000 |
Montcalm County Michigan | 6 | $ 720,000 | $ 120,000 | $ 50,000 |
Muskegon County Michigan | 6 | $ 1,150,000 | $ 191,000 | $ 72,000 |
Roscommon County Michigan | 6 | $ 800,000 | $ 133,000 | $ 50,000 |
Saginaw County Michigan | 6 | $ 600,000 | $ 100,000 | $ 26,000 |
Tuscola County Michigan | 6 | $ 730,000 | $ 121,000 | $ 35,000 |
Gladwin County Michigan | 5 | $ 755,000 | $ 151,000 | $ 63,000 |
Hillsdale County Michigan | 5 | $ 665,000 | $ 133,000 | $ 45,000 |
Ionia County Michigan | 5 | $ 505,000 | $ 101,000 | $ 54,000 |
Branch County Michigan | 4 | $ 380,000 | $ 95,000 | $ 40,000 |
Cheboygan County Michigan | 4 | $ 1,090,000 | $ 272,000 | $ 68,000 |
Huron County Michigan | 4 | $ 420,000 | $ 105,000 | $ 51,000 |
Iosco County Michigan | 4 | $ 440,000 | $ 110,000 | $ 65,000 |
Marquette County Michigan | 4 | $ 700,000 | $ 175,000 | $ 62,000 |
Mecosta County Michigan | 4 | $ 740,000 | $ 185,000 | $ 56,000 |
Sanilac County Michigan | 4 | $ 400,000 | $ 100,000 | $ 66,000 |
Shiawassee County Michigan | 4 | $ 380,000 | $ 95,000 | $ 55,000 |
Alpena County Michigan | 3 | $ 355,000 | $ 118,000 | $ 88,000 |
Barry County Michigan | 3 | $ 455,000 | $ 151,000 | $ 36,000 |
Charlevoix County Michigan | 3 | $ 765,000 | $ 255,000 | $ 125,000 |
Clare County Michigan | 3 | $ 355,000 | $ 118,000 | $ 47,000 |
Clinton County Michigan | 3 | $ 585,000 | $ 195,000 | $ 56,000 |
Delta County Michigan | 3 | $ 345,000 | $ 115,000 | $ 51,000 |
Newaygo County Michigan | 3 | $ 445,000 | $ 148,000 | $ 63,000 |
Osceola County Michigan | 3 | $ 365,000 | $ 121,000 | $ 36,000 |
Antrim County Michigan | 2 | $ 220,000 | $ 110,000 | $ 14,000 |
Benzie County Michigan | 2 | $ 480,000 | $ 240,000 | $ 99,000 |
Cass County Michigan | 2 | $ 270,000 | $ 135,000 | $ 60,000 |
Gratiot County Michigan | 2 | $ 210,000 | $ 105,000 | $ 46,000 |
Lake County Michigan | 2 | $ 190,000 | $ 95,000 | $ 32,000 |
Mason County Michigan | 2 | $ 530,000 | $ 265,000 | $ 70,000 |
Missaukee County Michigan | 2 | $ 480,000 | $ 240,000 | $ 61,000 |
Ogemaw County Michigan | 2 | $ 230,000 | $ 115,000 | $ 49,000 |
Otsego County Michigan | 2 | $ 390,000 | $ 195,000 | $ 59,000 |
Van Buren County Michigan | 2 | $ 290,000 | $ 145,000 | $ 32,000 |
Wexford County Michigan | 2 | $ 220,000 | $ 110,000 | $ 41,000 |
Davidson County Tennessee | 2 | $ 270,000 | $ 135,000 | $ 20,000 |
Brevard County Florida | 1 | $ 395,000 | $ 395,000 | $ 360,000 |
Lee County Florida | 1 | $ 325,000 | $ 325,000 | $ 191,000 |
Martin County Florida | 1 | $ 305,000 | $ 305,000 | $ 62,000 |
Palm Beach County Florida | 1 | $ 225,000 | $ 225,000 | $ 96,000 |
Sumter County Florida | 1 | $ 255,000 | $ 255,000 | $ 95,000 |
Alcona County Michigan | 1 | $ 165,000 | $ 165,000 | $ 60,000 |
Arenac County Michigan | 1 | $ 115,000 | $ 115,000 | $ 38,000 |
Crawford County Michigan | 1 | $ 75,000 | $ 75,000 | $ 66,000 |
Dickinson County Michigan | 1 | $ 195,000 | $ 195,000 | $ 63,000 |
Houghton County Michigan | 1 | $ 205,000 | $ 205,000 | $ 85,000 |
Isabella County Michigan | 1 | $ 155,000 | $ 155,000 | $ 76,000 |
Kalkaska County Michigan | 1 | $ 145,000 | $ 145,000 | $ 85,000 |
Luce County Michigan | 1 | $ 105,000 | $ 105,000 | $ 14,000 |
Mackinac County Michigan | 1 | $ 225,000 | $ 225,000 | $ 600,000 |
Manistee County Michigan | 1 | $ 65,000 | $ 65,000 | $ 32,000 |
Montmorency County Michigan | 1 | $ 115,000 | $ 115,000 | $ 47,000 |
Oscoda County Michigan | 1 | $ 75,000 | $ 75,000 | $ 19,000 |
Bradley County Tennessee | 1 | $ 185,000 | $ 185,000 | $ 83,000 |
Carroll County Tennessee | 1 | $ 85,000 | $ 85,000 | $ 62,000 |
Warren County Tennessee | 1 | $ 75,000 | $ 75,000 | $ 35,000 |
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.
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 | 1,266 | $230,160,000 | $181,000 | $2,405,000 | $75,000 | $750,000 |
Home Purchase | 1,181 | $213,845,000 | $181,000 | $2,105,000 | $73,000 | $750,000 |
Cash-out Refinancing | 530 | $98,870,000 | $186,000 | $1,705,000 | $77,000 | $396,000 |
Home Improvement | 46 | $6,880,000 | $149,000 | $355,000 | $67,000 | $288,000 |
Not Applicable | 0 | $0 | $0 | $0 | $0 | $0 |
Other Purpose | 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 | 2,405 | $451,355,000 | $187,000 | $2,405,000 | $77,000 | $600,000 |
Black or African American | 404 | $58,000,000 | $143,000 | $1,505,000 | $56,000 | $750,000 |
Not Provided | 132 | $20,860,000 | $158,000 | $575,000 | $64,000 | $402,000 |
Hispanic | 40 | $8,530,000 | $213,000 | $1,705,000 | $70,000 | $372,000 |
Asian | 31 | $8,775,000 | $283,000 | $2,105,000 | $107,000 | $750,000 |
American Indian or Alaskan Native | 8 | $1,460,000 | $182,000 | $375,000 | $64,000 | $168,000 |
Native Hawaiian or Other Pacific Islander | 1 | $405,000 | $405,000 | $405,000 | $307,000 | $307,000 |
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) | 2,182 | $416,640,000 | $190,000 | $2,405,000 | $80,000 | $750,000 |
FHA-insured (Federal Housing Administration) | 699 | $107,525,000 | $153,000 | $355,000 | $60,000 | $300,000 |
VA-guaranteed (Veterans Administration) | 139 | $25,295,000 | $181,000 | $615,000 | $57,000 | $240,000 |
FSA/RHS (Farm Service Agency or Rural Housing Service) | 3 | $295,000 | $98,000 | $135,000 | $41,000 | $48,000 |
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 |
---|---|---|---|---|---|---|
Application Withdrawn By Applicant | 2,002 | $383,690,000 | $191,000 | $2,405,000 | $79,000 | $750,000 |
Application Denied By Financial Institution | 353 | $48,615,000 | $137,000 | $1,505,000 | $52,000 | $750,000 |
Preapproval Approved but not Accepted | 252 | $48,680,000 | $193,000 | $725,000 | $84,000 | $432,000 |
Preapproval Denied by Financial Institution | 232 | $31,750,000 | $136,000 | $605,000 | $46,000 | $149,000 |
Application Approved But Not Accepted | 184 | $37,020,000 | $201,000 | $675,000 | $81,000 | $300,000 |
File Closed For Incompleteness | 0 | $0 | $0 | $0 | $0 | $0 |
Loan Originated | 0 | $0 | $0 | $0 | $0 | $0 |
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 | 2,438 | $469,390,000 | $192,000 | $2,405,000 | $80,000 | $750,000 |
Credit History | 499 | $67,305,000 | $134,000 | $1,505,000 | $51,000 | $750,000 |
Debt-To-Income Ratio | 84 | $12,870,000 | $153,000 | $475,000 | $42,000 | $149,000 |
Employment History | 1 | $35,000 | $35,000 | $35,000 | $20,000 | $20,000 |
Collateral | 1 | $155,000 | $155,000 | $155,000 | $24,000 | $24,000 |
Credit Application Incomplete | 0 | $0 | $0 | $0 | $0 | $0 |
Other | 0 | $0 | $0 | $0 | $0 | $0 |
Unverifiable Information | 0 | $0 | $0 | $0 | $0 | $0 |
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.