Independent Bank
Mortgage Loan Application
Totals and Details
for 2019
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 Independent 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 | Independent Bank 4200 East Beltline Grand Rapids, MI 49525 Tel #: available with data download |
| Federal Regulator | * available with data download |
| Years | 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 |
| Total Number of Mortgage Applications | 6,700 |
| Total Mortgage Loan Application Amount | $1,391,310,000 |
| Average Mortgage Loan Application Amount | $158,333 |
| Highest Mortgage Loan Application Amount | $6,305,000 |
| Average Applicant Income | $102,666 |
| Highest Applicant Income | $3,517,000 |
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 |
|---|---|---|---|---|
| Kent County Michigan | 946 | $ 193,550,000 | $ 204,000 | $ 109,000 |
| Oakland County Michigan | 585 | $ 190,975,000 | $ 326,000 | $ 181,000 |
| Wayne County Michigan | 442 | $ 94,520,000 | $ 213,000 | $ 140,000 |
| Livingston County Michigan | 353 | $ 94,855,000 | $ 268,000 | $ 139,000 |
| Grand Traverse County Michigan | 308 | $ 61,420,000 | $ 199,000 | $ 138,000 |
| Washtenaw County Michigan | 211 | $ 59,965,000 | $ 284,000 | $ 164,000 |
| Ionia County Michigan | 205 | $ 22,435,000 | $ 109,000 | $ 74,000 |
| Ottawa County Michigan | 205 | $ 46,835,000 | $ 228,000 | $ 131,000 |
| Ingham County Michigan | 189 | $ 26,705,000 | $ 141,000 | $ 102,000 |
| Bay County Michigan | 188 | $ 21,770,000 | $ 115,000 | $ 77,000 |
| Saginaw County Michigan | 183 | $ 22,015,000 | $ 120,000 | $ 82,000 |
| Summit County Ohio | 169 | $ 42,815,000 | $ 253,000 | $ 154,000 |
| Macomb County Michigan | 168 | $ 36,750,000 | $ 218,000 | $ 111,000 |
| Eaton County Michigan | 166 | $ 22,960,000 | $ 138,000 | $ 74,000 |
| Newaygo County Michigan | 164 | $ 18,750,000 | $ 114,000 | $ 78,000 |
| Muskegon County Michigan | 154 | $ 19,520,000 | $ 126,000 | $ 85,000 |
| Montcalm County Michigan | 121 | $ 14,435,000 | $ 119,000 | $ 69,000 |
| Leelanau County Michigan | 98 | $ 23,610,000 | $ 240,000 | $ 129,000 |
| Franklin County Ohio | 97 | $ 34,095,000 | $ 351,000 | $ 170,000 |
| Genesee County Michigan | 94 | $ 19,910,000 | $ 211,000 | $ 112,000 |
| Berrien County Michigan | 73 | $ 18,015,000 | $ 246,000 | $ 222,000 |
| Mecosta County Michigan | 73 | $ 8,065,000 | $ 110,000 | $ 83,000 |
| Kalamazoo County Michigan | 68 | $ 12,730,000 | $ 187,000 | $ 131,000 |
| Tuscola County Michigan | 64 | $ 7,050,000 | $ 110,000 | $ 64,000 |
| Delaware County Ohio | 62 | $ 26,360,000 | $ 425,000 | $ 217,000 |
| Jackson County Michigan | 60 | $ 8,140,000 | $ 135,000 | $ 85,000 |
| Huron County Michigan | 57 | $ 5,545,000 | $ 97,000 | $ 71,000 |
| Midland County Michigan | 56 | $ 8,160,000 | $ 145,000 | $ 98,000 |
| Barry County Michigan | 53 | $ 11,205,000 | $ 211,000 | $ 177,000 |
| Shiawassee County Michigan | 52 | $ 7,160,000 | $ 137,000 | $ 87,000 |
| Wexford County Michigan | 52 | $ 6,110,000 | $ 117,000 | $ 78,000 |
| Lapeer County Michigan | 51 | $ 8,855,000 | $ 173,000 | $ 89,000 |
| Antrim County Michigan | 49 | $ 11,035,000 | $ 225,000 | $ 165,000 |
| Allegan County Michigan | 40 | $ 9,940,000 | $ 248,000 | $ 138,000 |
| Charlevoix County Michigan | 40 | $ 10,740,000 | $ 268,000 | $ 248,000 |
| Cuyahoga County Ohio | 40 | $ 9,420,000 | $ 235,000 | $ 176,000 |
| Medina County Ohio | 39 | $ 14,055,000 | $ 360,000 | $ 199,000 |
| Clinton County Michigan | 38 | $ 6,090,000 | $ 160,000 | $ 88,000 |
| Benzie County Michigan | 34 | $ 6,210,000 | $ 182,000 | $ 100,000 |
| Calhoun County Michigan | 34 | $ 5,140,000 | $ 151,000 | $ 96,000 |
| Isabella County Michigan | 34 | $ 3,780,000 | $ 111,000 | $ 75,000 |
| Stark County Ohio | 27 | $ 7,695,000 | $ 285,000 | $ 162,000 |
| Kalkaska County Michigan | 25 | $ 3,035,000 | $ 121,000 | $ 68,000 |
| Osceola County Michigan | 24 | $ 2,700,000 | $ 112,000 | $ 69,000 |
| Gladwin County Michigan | 23 | $ 2,415,000 | $ 105,000 | $ 113,000 |
| Union County Ohio | 23 | $ 10,695,000 | $ 465,000 | $ 252,000 |
| Missaukee County Michigan | 21 | $ 3,045,000 | $ 145,000 | $ 76,000 |
| St. Clair County Michigan | 21 | $ 3,485,000 | $ 165,000 | $ 101,000 |
| Lee County Florida | 19 | $ 7,025,000 | $ 369,000 | $ 226,000 |
| Arenac County Michigan | 19 | $ 1,785,000 | $ 93,000 | $ 66,000 |
| Cass County Michigan | 17 | $ 3,445,000 | $ 202,000 | $ 117,000 |
| Oceana County Michigan | 17 | $ 2,625,000 | $ 154,000 | $ 79,000 |
| Roscommon County Michigan | 17 | $ 1,565,000 | $ 92,000 | $ 97,000 |
| Clare County Michigan | 16 | $ 1,620,000 | $ 101,000 | $ 86,000 |
| Emmet County Michigan | 15 | $ 2,935,000 | $ 195,000 | $ 148,000 |
| Sanilac County Michigan | 15 | $ 1,395,000 | $ 93,000 | $ 49,000 |
| Lake County Michigan | 13 | $ 1,755,000 | $ 135,000 | $ 102,000 |
| Portage County Ohio | 13 | $ 2,785,000 | $ 214,000 | $ 104,000 |
| Wayne County Ohio | 13 | $ 3,425,000 | $ 263,000 | $ 133,000 |
| Otsego County Michigan | 12 | $ 1,570,000 | $ 130,000 | $ 156,000 |
| Lenawee County Michigan | 11 | $ 2,265,000 | $ 205,000 | $ 136,000 |
| Manistee County Michigan | 11 | $ 2,585,000 | $ 235,000 | $ 122,000 |
| Van Buren County Michigan | 11 | $ 2,435,000 | $ 221,000 | $ 125,000 |
| Iosco County Michigan | 10 | $ 1,140,000 | $ 114,000 | $ 116,000 |
| Gratiot County Michigan | 9 | $ 1,135,000 | $ 126,000 | $ 104,000 |
| Monroe County Michigan | 9 | $ 1,335,000 | $ 148,000 | $ 99,000 |
| Mason County Michigan | 8 | $ 2,700,000 | $ 337,000 | $ 408,000 |
| Ogemaw County Michigan | 8 | $ 1,190,000 | $ 148,000 | $ 100,000 |
| Mackinac County Michigan | 7 | $ 1,485,000 | $ 212,000 | $ 185,000 |
| Fairfield County Ohio | 7 | $ 2,955,000 | $ 422,000 | $ 312,000 |
| Alpena County Michigan | 6 | $ 720,000 | $ 120,000 | $ 39,000 |
| Cheboygan County Michigan | 6 | $ 1,520,000 | $ 253,000 | $ 290,000 |
| Crawford County Michigan | 6 | $ 500,000 | $ 83,000 | $ 68,000 |
| Montmorency County Michigan | 6 | $ 1,210,000 | $ 201,000 | $ 142,000 |
| Licking County Ohio | 6 | $ 2,390,000 | $ 398,000 | $ 146,000 |
| Alcona County Michigan | 5 | $ 615,000 | $ 123,000 | $ 196,000 |
| Madison County Ohio | 5 | $ 1,715,000 | $ 343,000 | $ 144,000 |
| Collier County Florida | 4 | $ 2,650,000 | $ 662,000 | $ 337,000 |
| Sumter County Florida | 4 | $ 810,000 | $ 202,000 | $ 126,000 |
| Branch County Michigan | 4 | $ 950,000 | $ 237,000 | $ 141,000 |
| Geauga County Ohio | 4 | $ 680,000 | $ 170,000 | $ 148,000 |
| Hamilton County Ohio | 4 | $ 890,000 | $ 222,000 | $ 241,000 |
| Broward County Florida | 3 | $ 545,000 | $ 181,000 | $ 181,000 |
| Hillsborough County Florida | 3 | $ 785,000 | $ 261,000 | $ 127,000 |
| Pasco County Florida | 3 | $ 455,000 | $ 151,000 | $ 75,000 |
| Pinellas County Florida | 3 | $ 1,015,000 | $ 338,000 | $ 232,000 |
| Sarasota County Florida | 3 | $ 585,000 | $ 195,000 | $ 40,000 |
| Cook County Illinois | 3 | $ 835,000 | $ 278,000 | $ 188,000 |
| Knox County Ohio | 3 | $ 605,000 | $ 201,000 | $ 98,000 |
| Morrow County Ohio | 3 | $ 735,000 | $ 245,000 | $ 86,000 |
| Charlotte County Florida | 2 | $ 540,000 | $ 270,000 | $ 139,000 |
| St. Johns County Florida | 2 | $ 110,000 | $ 55,000 | $ 110,000 |
| DuPage County Illinois | 2 | $ 740,000 | $ 370,000 | $ 142,000 |
| Huntington County Indiana | 2 | $ 190,000 | $ 95,000 | $ 99,000 |
| Hillsdale County Michigan | 2 | $ 140,000 | $ 70,000 | $ 45,000 |
| Presque Isle County Michigan | 2 | $ 270,000 | $ 135,000 | $ 186,000 |
| St. Joseph County Michigan | 2 | $ 440,000 | $ 220,000 | $ 87,000 |
| Carroll County Ohio | 2 | $ 610,000 | $ 305,000 | $ 318,000 |
| Greene County Ohio | 2 | $ 700,000 | $ 350,000 | $ 266,000 |
| Marion County Ohio | 2 | $ 330,000 | $ 165,000 | $ 67,000 |
| Perry County Ohio | 2 | $ 740,000 | $ 370,000 | $ 150,000 |
| Tuscarawas County Ohio | 2 | $ 420,000 | $ 210,000 | $ 60,000 |
| Citrus County Florida | 1 | $ 275,000 | $ 275,000 | $ 0 |
| Duval County Florida | 1 | $ 95,000 | $ 95,000 | $ 47,000 |
| Highlands County Florida | 1 | $ 85,000 | $ 85,000 | $ 191,000 |
| Indian River County Florida | 1 | $ 265,000 | $ 265,000 | $ 230,000 |
| Jefferson County Florida | 1 | $ 205,000 | $ 205,000 | $ 91,000 |
| Lake County Florida | 1 | $ 185,000 | $ 185,000 | $ 128,000 |
| Martin County Florida | 1 | $ 805,000 | $ 805,000 | $ 396,000 |
| Miami-Dade County Florida | 1 | $ 265,000 | $ 265,000 | $ 99,000 |
| Nassau County Florida | 1 | $ 315,000 | $ 315,000 | $ 1,080,000 |
| Palm Beach County Florida | 1 | $ 695,000 | $ 695,000 | $ 354,000 |
| St. Lucie County Florida | 1 | $ 215,000 | $ 215,000 | $ 259,000 |
| Suwannee County Florida | 1 | $ 55,000 | $ 55,000 | $ 85,000 |
| Wakulla County Florida | 1 | $ 385,000 | $ 385,000 | $ 260,000 |
| Lake County Illinois | 1 | $ 725,000 | $ 725,000 | $ 286,000 |
| Winnebago County Illinois | 1 | $ 85,000 | $ 85,000 | $ 110,000 |
| DeKalb County Indiana | 1 | $ 65,000 | $ 65,000 | $ 71,000 |
| Elkhart County Indiana | 1 | $ 405,000 | $ 405,000 | $ 211,000 |
| Hancock County Indiana | 1 | $ 185,000 | $ 185,000 | $ 70,000 |
| LaPorte County Indiana | 1 | $ 345,000 | $ 345,000 | $ 171,000 |
| Tippecanoe County Indiana | 1 | $ 465,000 | $ 465,000 | $ 205,000 |
| Trigg County Kentucky | 1 | $ 25,000 | $ 25,000 | $ 96,000 |
| Chippewa County Michigan | 1 | $ 175,000 | $ 175,000 | $ 239,000 |
| Menominee County Michigan | 1 | $ 285,000 | $ 285,000 | $ 124,000 |
| Oscoda County Michigan | 1 | $ 35,000 | $ 35,000 | $ 44,000 |
| Union County North Carolina | 1 | $ 425,000 | $ 425,000 | $ 215,000 |
| Wake County North Carolina | 1 | $ 155,000 | $ 155,000 | $ 117,000 |
| Athens County Ohio | 1 | $ 75,000 | $ 75,000 | $ 183,000 |
| Champaign County Ohio | 1 | $ 295,000 | $ 295,000 | $ 88,000 |
| Erie County Ohio | 1 | $ 75,000 | $ 75,000 | $ 33,000 |
| Hancock County Ohio | 1 | $ 345,000 | $ 345,000 | $ 150,000 |
| Hocking County Ohio | 1 | $ 435,000 | $ 435,000 | $ 189,000 |
| Holmes County Ohio | 1 | $ 505,000 | $ 505,000 | $ 239,000 |
| Muskingum County Ohio | 1 | $ 485,000 | $ 485,000 | $ 720,000 |
| Richland County Ohio | 1 | $ 165,000 | $ 165,000 | $ 52,000 |
| Scioto County Ohio | 1 | $ 275,000 | $ 275,000 | $ 126,000 |
| Fayette County Tennessee | 1 | $ 75,000 | $ 75,000 | $ 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 Independent Bank in 2019
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 | 3,816 | $885,420,000 | $232,000 | $5,055,000 | $124,000 | $3,107,000 |
| Refinancing | 1,104 | $255,040,000 | $231,000 | $6,305,000 | $139,000 | $2,363,000 |
| Cash-out Refinancing | 762 | $154,450,000 | $202,000 | $2,005,000 | $121,000 | $3,517,000 |
| Home Improvement | 505 | $55,465,000 | $109,000 | $1,995,000 | $120,000 | $1,517,000 |
| Other Purpose | 495 | $39,185,000 | $79,000 | $705,000 | $112,000 | $1,656,000 |
| Not Applicable | 18 | $1,750,000 | $97,000 | $305,000 | $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 | 5,947 | $1,221,425,000 | $205,000 | $2,335,000 | $124,000 | $3,517,000 |
| Not Provided | 353 | $69,045,000 | $195,000 | $1,435,000 | $139,000 | $1,048,000 |
| Black or African American | 130 | $23,700,000 | $182,000 | $1,085,000 | $100,000 | $585,000 |
| Hispanic | 113 | $21,425,000 | $189,000 | $1,205,000 | $107,000 | $644,000 |
| Asian | 83 | $25,225,000 | $303,000 | $1,605,000 | $155,000 | $600,000 |
| Not applicable | 47 | $20,095,000 | $427,000 | $6,305,000 | $0 | $0 |
| American Indian or Alaskan Native | 15 | $1,935,000 | $129,000 | $345,000 | $78,000 | $255,000 |
| Native Hawaiian or Other Pacific Islander | 4 | $1,270,000 | $317,000 | $585,000 | $160,000 | $205,000 |
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) | 6,256 | $1,321,430,000 | $211,000 | $6,305,000 | $129,000 | $3,517,000 |
| FHA-insured (Federal Housing Administration) | 276 | $38,720,000 | $140,000 | $345,000 | $57,000 | $168,000 |
| VA-guaranteed (Veterans Administration) | 104 | $22,270,000 | $214,000 | $455,000 | $77,000 | $276,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) | 64 | $8,890,000 | $138,000 | $255,000 | $51,000 | $115,000 |
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 | 5,034 | $1,093,950,000 | $217,000 | $6,305,000 | $130,000 | $3,107,000 |
| Application Withdrawn By Applicant | 1,016 | $191,810,000 | $188,000 | $2,125,000 | $122,000 | $2,013,000 |
| Application Denied By Financial Institution | 540 | $82,630,000 | $153,000 | $2,005,000 | $85,000 | $3,517,000 |
| File Closed For Incompleteness | 71 | $16,865,000 | $237,000 | $1,605,000 | $123,000 | $960,000 |
| Loan Purchased By The Institution | 23 | $2,175,000 | $94,000 | $305,000 | $0 | $0 |
| Application Approved But Not Accepted | 16 | $3,880,000 | $242,000 | $955,000 | $144,000 | $441,000 |
| 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 | 6,160 | $1,308,680,000 | $212,000 | $6,305,000 | $128,000 | $3,107,000 |
| Debt-To-Income Ratio | 197 | $37,245,000 | $189,000 | $2,005,000 | $84,000 | $3,517,000 |
| Credit History | 148 | $14,210,000 | $96,000 | $1,065,000 | $63,000 | $300,000 |
| Collateral | 70 | $11,510,000 | $164,000 | $935,000 | $100,000 | $340,000 |
| Other | 62 | $13,100,000 | $211,000 | $1,205,000 | $115,000 | $822,000 |
| Credit Application Incomplete | 35 | $2,745,000 | $78,000 | $295,000 | $98,000 | $300,000 |
| Insufficient Cash (Downpayment, Closing Cost) | 15 | $2,615,000 | $174,000 | $995,000 | $112,000 | $393,000 |
| Employment History | 7 | $825,000 | $117,000 | $185,000 | $44,000 | $124,000 |
| Mortgage Insurance Denied | 3 | $155,000 | $51,000 | $75,000 | $145,000 | $175,000 |
| Unverifiable Information | 3 | $225,000 | $75,000 | $155,000 | $58,000 | $71,000 |
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.