Michigan Educational
Mortgage Loan Application
Totals and Details
for 2022

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 Michigan Educational.
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 Michigan Educational
9200 Haggerty Rd
Plymouth, MI 48170
Tel #: available with data download
Federal Regulator * available with data download
Years 2022  2021  
Total Number of Mortgage Applications 466
Total Mortgage Loan Application Amount $46,760,000
Average Mortgage Loan Application Amount $128,400
Highest Mortgage Loan Application Amount $545,000
Average Applicant Income $113,800
Highest Applicant Income $528,000

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 Michigan Educational by County in 2022

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 154 $ 12,300,000 $ 79,000 $ 99,000
Oakland County Michigan 94 $ 8,930,000 $ 95,000 $ 131,000
Washtenaw County Michigan 78 $ 8,570,000 $ 109,000 $ 132,000
Livingston County Michigan 59 $ 7,165,000 $ 121,000 $ 148,000
Macomb County Michigan 29 $ 2,455,000 $ 84,000 $ 95,000
Lenawee County Michigan 7 $ 935,000 $ 133,000 $ 130,000
Monroe County Michigan 7 $ 825,000 $ 117,000 $ 113,000
Jackson County Michigan 6 $ 690,000 $ 115,000 $ 100,000
Genesee County Michigan 4 $ 690,000 $ 172,000 $ 141,000
Alcona County Michigan 2 $ 250,000 $ 125,000 $ 47,000
Ingham County Michigan 2 $ 300,000 $ 150,000 $ 121,000
Mecosta County Michigan 2 $ 370,000 $ 185,000 $ 153,000
Ogemaw County Michigan 2 $ 150,000 $ 75,000 $ 50,000
Pinal County Arizona 1 $ 175,000 $ 175,000 $ 71,000
Lee County Florida 1 $ 385,000 $ 385,000 $ 323,000
St. Lucie County Florida 1 $ 245,000 $ 245,000 $ 179,000
Antrim County Michigan 1 $ 285,000 $ 285,000 $ 132,000
Berrien County Michigan 1 $ 245,000 $ 245,000 $ 229,000
Clare County Michigan 1 $ 35,000 $ 35,000 $ 64,000
Clinton County Michigan 1 $ 75,000 $ 75,000 $ 94,000
Eaton County Michigan 1 $ 55,000 $ 55,000 $ 154,000
Emmet County Michigan 1 $ 65,000 $ 65,000 $ 212,000
Gladwin County Michigan 1 $ 65,000 $ 65,000 $ 127,000
Gratiot County Michigan 1 $ 435,000 $ 435,000 $ 159,000
Iosco County Michigan 1 $ 135,000 $ 135,000 $ 126,000
Kent County Michigan 1 $ 75,000 $ 75,000 $ 80,000
Lapeer County Michigan 1 $ 45,000 $ 45,000 $ 66,000
Muskegon County Michigan 1 $ 155,000 $ 155,000 $ 72,000
Otsego County Michigan 1 $ 55,000 $ 55,000 $ 45,000
Presque Isle County Michigan 1 $ 255,000 $ 255,000 $ 106,000
Roscommon County Michigan 1 $ 115,000 $ 115,000 $ 170,000
Van Buren County Michigan 1 $ 155,000 $ 155,000 $ 58,000
Tarrant County Texas 1 $ 75,000 $ 75,000 $ 205,000

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 Michigan Educational in 2022

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 164 $11,660,000 $71,000 $355,000 $130,000 $528,000
Home Improvement 161 $9,585,000 $59,000 $235,000 $121,000 $342,000
Home Purchase 67 $14,325,000 $213,000 $545,000 $102,000 $323,000
Cash-out Refinancing 38 $6,910,000 $181,000 $395,000 $91,000 $234,000
Refinancing 36 $4,280,000 $118,000 $305,000 $125,000 $344,000
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 381 $36,945,000 $96,000 $545,000 $120,000 $528,000
Not Provided 47 $7,045,000 $149,000 $405,000 $121,000 $342,000
Black or African American 18 $1,070,000 $59,000 $205,000 $104,000 $172,000
Hispanic 11 $925,000 $84,000 $185,000 $99,000 $250,000
Asian 7 $705,000 $100,000 $305,000 $138,000 $221,000
American Indian or Alaskan Native 1 $35,000 $35,000 $35,000 $71,000 $71,000
Native Hawaiian or Other Pacific Islander 0 $0 $0 $0 $0 $0
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) 466 $46,760,000 $100,000 $545,000 $119,000 $528,000
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 419 $44,385,000 $105,000 $545,000 $122,000 $384,000
Application Denied By Financial Institution 34 $1,740,000 $51,000 $175,000 $77,000 $205,000
Application Withdrawn By Applicant 11 $565,000 $51,000 $125,000 $155,000 $528,000
File Closed For Incompleteness 1 $55,000 $55,000 $55,000 $116,000 $116,000
Application Approved But Not Accepted 1 $15,000 $15,000 $15,000 $51,000 $51,000
Loan Purchased By The Institution 0 $0 $0 $0 $0 $0
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 432 $45,020,000 $104,000 $545,000 $123,000 $528,000
Credit History 13 $525,000 $40,000 $95,000 $60,000 $172,000
Other 10 $610,000 $61,000 $175,000 $93,000 $205,000
Debt-To-Income Ratio 7 $415,000 $59,000 $165,000 $81,000 $137,000
Employment History 2 $120,000 $60,000 $65,000 $55,000 $72,000
Collateral 2 $70,000 $35,000 $35,000 $111,000 $120,000
Credit Application Incomplete 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.

Download the Michigan Lender List