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 Midwest Loan Solutions, Inc..
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 2003-2023.
Mortgage Company & Address | Midwest Loan Solutions, Inc. 29777 Telegraph Rd. Suite 3580 Southfield, MI 48034 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 2006 2005 2004 2003 |
Total Number of Mortgage Applications | 1,462 |
Total Mortgage Loan Application Amount | $155,648,000 |
Average Mortgage Loan Application Amount | $140,847 |
Highest Mortgage Loan Application Amount | $926,000 |
Average Applicant Income | $85,610 |
Highest Applicant Income | $870,000 |
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 |
---|---|---|---|---|
Marquette County Michigan | 472 | $ 36,424,000 | $ 77,000 | $ 37,000 |
Houghton County Michigan | 134 | $ 10,329,000 | $ 77,000 | $ 38,000 |
Harris County Texas | 75 | $ 9,433,000 | $ 125,000 | $ 98,000 |
Dallas County Texas | 73 | $ 9,353,000 | $ 128,000 | $ 119,000 |
Berrien County Michigan | 57 | $ 5,998,000 | $ 105,000 | $ 46,000 |
Anchorage County Alaska | 48 | $ 8,562,000 | $ 178,000 | $ 131,000 |
Wayne County Michigan | 44 | $ 4,325,000 | $ 98,000 | $ 54,000 |
Collin County Texas | 44 | $ 6,954,000 | $ 158,000 | $ 105,000 |
Fort Bend County Texas | 22 | $ 3,862,000 | $ 175,000 | $ 136,000 |
Denton County Texas | 20 | $ 2,543,000 | $ 127,000 | $ 81,000 |
Tarrant County Texas | 20 | $ 2,195,000 | $ 109,000 | $ 76,000 |
Los Angeles County California | 15 | $ 2,040,000 | $ 136,000 | $ 74,000 |
Alpena County Michigan | 14 | $ 1,372,000 | $ 98,000 | $ 46,000 |
Marion County Ohio | 12 | $ 1,139,000 | $ 94,000 | $ 39,000 |
Baraga County Michigan | 9 | $ 510,000 | $ 56,000 | $ 46,000 |
Ontonagon County Michigan | 8 | $ 775,000 | $ 96,000 | $ 60,000 |
Bergen County New Jersey | 8 | $ 906,000 | $ 113,000 | $ 43,000 |
Grant County Washington | 8 | $ 874,000 | $ 109,000 | $ 74,000 |
Crawford County Arkansas | 7 | $ 542,000 | $ 77,000 | $ 48,000 |
Sebastian County Arkansas | 7 | $ 540,000 | $ 77,000 | $ 57,000 |
San Diego County California | 7 | $ 1,398,000 | $ 199,000 | $ 88,000 |
Hillsborough County Florida | 7 | $ 1,163,000 | $ 166,000 | $ 107,000 |
Lafayette County Louisiana | 7 | $ 583,000 | $ 83,000 | $ 54,000 |
Van Buren County Michigan | 7 | $ 609,000 | $ 87,000 | $ 50,000 |
Washtenaw County Michigan | 7 | $ 778,000 | $ 111,000 | $ 65,000 |
Le Flore County Oklahoma | 6 | $ 307,000 | $ 51,000 | $ 70,000 |
Orange County California | 5 | $ 935,000 | $ 187,000 | $ 69,000 |
Ventura County California | 5 | $ 752,000 | $ 150,000 | $ 36,000 |
Keweenaw County Michigan | 5 | $ 486,000 | $ 97,000 | $ 41,000 |
St. Louis County Minnesota | 5 | $ 594,000 | $ 118,000 | $ 67,000 |
Sequoyah County Oklahoma | 5 | $ 317,000 | $ 63,000 | $ 55,000 |
Rockwall County Texas | 5 | $ 765,000 | $ 153,000 | $ 96,000 |
Gwinnett County Georgia | 4 | $ 360,000 | $ 90,000 | $ 51,000 |
Cook County Illinois | 4 | $ 666,000 | $ 166,000 | $ 81,000 |
Alger County Michigan | 4 | $ 439,000 | $ 109,000 | $ 22,000 |
Delta County Michigan | 4 | $ 295,000 | $ 73,000 | $ 29,000 |
Kalamazoo County Michigan | 4 | $ 461,000 | $ 115,000 | $ 29,000 |
Ottawa County Michigan | 4 | $ 336,000 | $ 84,000 | $ 43,000 |
Tulsa County Oklahoma | 4 | $ 849,000 | $ 212,000 | $ 155,000 |
Henderson County Texas | 4 | $ 540,000 | $ 135,000 | $ 104,000 |
Fairfax County Virginia | 4 | $ 484,000 | $ 121,000 | $ 123,000 |
Kenai Peninsula County Alaska | 3 | $ 240,000 | $ 80,000 | $ 91,000 |
Matanuska-Susitna County Alaska | 3 | $ 561,000 | $ 187,000 | $ 101,000 |
Alameda County California | 3 | $ 482,000 | $ 160,000 | $ 71,000 |
Placer County California | 3 | $ 630,000 | $ 210,000 | $ 91,000 |
San Bernardino County California | 3 | $ 270,000 | $ 90,000 | $ 18,000 |
San Mateo County California | 3 | $ 723,000 | $ 241,000 | $ 49,000 |
Yolo County California | 3 | $ 479,000 | $ 159,000 | $ 69,000 |
Allegan County Michigan | 3 | $ 329,000 | $ 109,000 | $ 25,000 |
Chippewa County Michigan | 3 | $ 218,000 | $ 72,000 | $ 33,000 |
Dickinson County Michigan | 3 | $ 186,000 | $ 62,000 | $ 44,000 |
Gogebic County Michigan | 3 | $ 197,000 | $ 65,000 | $ 31,000 |
Presque Isle County Michigan | 3 | $ 238,000 | $ 79,000 | $ 46,000 |
Essex County New Jersey | 3 | $ 535,000 | $ 178,000 | $ 90,000 |
Hardin County Ohio | 3 | $ 250,000 | $ 83,000 | $ 47,000 |
Ellis County Texas | 3 | $ 166,000 | $ 55,000 | $ 74,000 |
Kaufman County Texas | 3 | $ 333,000 | $ 111,000 | $ 90,000 |
Montgomery County Texas | 3 | $ 552,000 | $ 184,000 | $ 87,000 |
Travis County Texas | 3 | $ 630,000 | $ 210,000 | $ 75,000 |
King County Washington | 3 | $ 706,000 | $ 235,000 | $ 130,000 |
Pierce County Washington | 3 | $ 377,000 | $ 125,000 | $ 96,000 |
Spokane County Washington | 3 | $ 478,000 | $ 159,000 | $ 117,000 |
Campbell County Wyoming | 3 | $ 221,000 | $ 73,000 | $ 70,000 |
Maricopa County Arizona | 2 | $ 217,000 | $ 108,000 | $ 97,000 |
Contra Costa County California | 2 | $ 382,000 | $ 191,000 | $ 32,000 |
Monterey County California | 2 | $ 457,000 | $ 228,000 | $ 0 |
Riverside County California | 2 | $ 216,000 | $ 108,000 | $ 23,000 |
Sacramento County California | 2 | $ 385,000 | $ 192,000 | $ 92,000 |
Solano County California | 2 | $ 485,000 | $ 242,000 | $ 77,000 |
Douglas County Colorado | 2 | $ 566,000 | $ 283,000 | $ 130,000 |
Jefferson County Colorado | 2 | $ 458,000 | $ 229,000 | $ 78,000 |
Broward County Florida | 2 | $ 212,000 | $ 106,000 | $ 93,000 |
Collier County Florida | 2 | $ 150,000 | $ 75,000 | $ 22,000 |
Manatee County Florida | 2 | $ 350,000 | $ 175,000 | $ 59,000 |
Marion County Florida | 2 | $ 97,000 | $ 48,000 | $ 43,000 |
Palm Beach County Florida | 2 | $ 821,000 | $ 410,000 | $ 148,000 |
St. Lucie County Florida | 2 | $ 147,000 | $ 73,000 | $ 37,000 |
Cobb County Georgia | 2 | $ 278,000 | $ 139,000 | $ 0 |
Jefferson County Kentucky | 2 | $ 126,000 | $ 63,000 | $ 39,000 |
Iberia County Louisiana | 2 | $ 226,000 | $ 113,000 | $ 75,000 |
St. Landry County Louisiana | 2 | $ 128,000 | $ 64,000 | $ 65,000 |
Vermilion County Louisiana | 2 | $ 188,000 | $ 94,000 | $ 54,000 |
Genesee County Michigan | 2 | $ 226,000 | $ 113,000 | $ 83,000 |
Kent County Michigan | 2 | $ 220,000 | $ 110,000 | $ 27,000 |
Macomb County Michigan | 2 | $ 178,000 | $ 89,000 | $ 0 |
Monmouth County New Jersey | 2 | $ 388,000 | $ 194,000 | $ 150,000 |
Morris County New Jersey | 2 | $ 374,000 | $ 187,000 | $ 82,000 |
Bernalillo County New Mexico | 2 | $ 189,000 | $ 94,000 | $ 64,000 |
Iredell County North Carolina | 2 | $ 271,000 | $ 135,000 | $ 70,000 |
Haskell County Oklahoma | 2 | $ 144,000 | $ 72,000 | $ 33,000 |
Lehigh County Pennsylvania | 2 | $ 372,000 | $ 186,000 | $ 93,000 |
Minnehaha County South Dakota | 2 | $ 152,000 | $ 76,000 | $ 66,000 |
Loudoun County Virginia | 2 | $ 522,000 | $ 261,000 | $ 123,000 |
Richmond City County Virginia | 2 | $ 263,000 | $ 131,000 | $ 66,000 |
Chelan County Washington | 2 | $ 238,000 | $ 119,000 | $ 21,000 |
Bayfield County Wisconsin | 2 | $ 237,000 | $ 118,000 | $ 78,000 |
Winnebago County Wisconsin | 2 | $ 211,000 | $ 105,000 | $ 66,000 |
Mobile County Alabama | 1 | $ 68,000 | $ 68,000 | $ 85,000 |
Fairbanks North Star County Alaska | 1 | $ 103,000 | $ 103,000 | $ 52,000 |
Columbia County Arkansas | 1 | $ 87,000 | $ 87,000 | $ 59,000 |
Franklin County Arkansas | 1 | $ 52,000 | $ 52,000 | $ 36,000 |
Grant County Arkansas | 1 | $ 73,000 | $ 73,000 | $ 18,000 |
Fresno County California | 1 | $ 72,000 | $ 72,000 | $ 84,000 |
Nevada County California | 1 | $ 91,000 | $ 91,000 | $ 0 |
Plumas County California | 1 | $ 147,000 | $ 147,000 | $ 58,000 |
Santa Barbara County California | 1 | $ 116,000 | $ 116,000 | $ 0 |
Shasta County California | 1 | $ 192,000 | $ 192,000 | $ 88,000 |
Adams County Colorado | 1 | $ 130,000 | $ 130,000 | $ 57,000 |
Arapahoe County Colorado | 1 | $ 270,000 | $ 270,000 | $ 106,000 |
Denver County Colorado | 1 | $ 143,000 | $ 143,000 | $ 103,000 |
Teller County Colorado | 1 | $ 144,000 | $ 144,000 | $ 61,000 |
Brevard County Florida | 1 | $ 88,000 | $ 88,000 | $ 0 |
Clay County Florida | 1 | $ 223,000 | $ 223,000 | $ 140,000 |
Highlands County Florida | 1 | $ 96,000 | $ 96,000 | $ 47,000 |
Lee County Florida | 1 | $ 298,000 | $ 298,000 | $ 119,000 |
Miami-Dade County Florida | 1 | $ 93,000 | $ 93,000 | $ 57,000 |
Okaloosa County Florida | 1 | $ 58,000 | $ 58,000 | $ 22,000 |
Okeechobee County Florida | 1 | $ 74,000 | $ 74,000 | $ 0 |
Orange County Florida | 1 | $ 117,000 | $ 117,000 | $ 54,000 |
Volusia County Florida | 1 | $ 283,000 | $ 283,000 | $ 57,000 |
Chatham County Georgia | 1 | $ 245,000 | $ 245,000 | $ 73,000 |
Fulton County Georgia | 1 | $ 190,000 | $ 190,000 | $ 120,000 |
Henry County Georgia | 1 | $ 90,000 | $ 90,000 | $ 46,000 |
Maui County Hawaii | 1 | $ 650,000 | $ 650,000 | $ 200,000 |
McDonough County Illinois | 1 | $ 91,000 | $ 91,000 | $ 37,000 |
Will County Illinois | 1 | $ 80,000 | $ 80,000 | $ 98,000 |
Clark County Indiana | 1 | $ 69,000 | $ 69,000 | $ 114,000 |
Washington County Indiana | 1 | $ 62,000 | $ 62,000 | $ 39,000 |
Acadia County Louisiana | 1 | $ 41,000 | $ 41,000 | $ 57,000 |
Ascension County Louisiana | 1 | $ 112,000 | $ 112,000 | $ 56,000 |
Caldwell County Louisiana | 1 | $ 151,000 | $ 151,000 | $ 98,000 |
Jefferson Davis County Louisiana | 1 | $ 55,000 | $ 55,000 | $ 84,000 |
Livingston County Louisiana | 1 | $ 92,000 | $ 92,000 | $ 72,000 |
Ouachita County Louisiana | 1 | $ 123,000 | $ 123,000 | $ 98,000 |
St. Martin County Louisiana | 1 | $ 80,000 | $ 80,000 | $ 49,000 |
St. Tammany County Louisiana | 1 | $ 95,000 | $ 95,000 | $ 39,000 |
Baltimore City County Maryland | 1 | $ 59,000 | $ 59,000 | $ 104,000 |
Carroll County Maryland | 1 | $ 104,000 | $ 104,000 | $ 0 |
Frederick County Maryland | 1 | $ 79,000 | $ 79,000 | $ 0 |
Harford County Maryland | 1 | $ 118,000 | $ 118,000 | $ 69,000 |
Prince George's County Maryland | 1 | $ 72,000 | $ 72,000 | $ 33,000 |
Barnstable County Massachusetts | 1 | $ 297,000 | $ 297,000 | $ 188,000 |
Hampden County Massachusetts | 1 | $ 113,000 | $ 113,000 | $ 127,000 |
Calhoun County Michigan | 1 | $ 55,000 | $ 55,000 | $ 40,000 |
Clinton County Michigan | 1 | $ 62,000 | $ 62,000 | $ 0 |
Gratiot County Michigan | 1 | $ 97,000 | $ 97,000 | $ 31,000 |
Ingham County Michigan | 1 | $ 145,000 | $ 145,000 | $ 66,000 |
Iron County Michigan | 1 | $ 144,000 | $ 144,000 | $ 75,000 |
Jackson County Michigan | 1 | $ 78,000 | $ 78,000 | $ 63,000 |
Livingston County Michigan | 1 | $ 141,000 | $ 141,000 | $ 66,000 |
Luce County Michigan | 1 | $ 43,000 | $ 43,000 | $ 0 |
Schoolcraft County Michigan | 1 | $ 49,000 | $ 49,000 | $ 107,000 |
St. Clair County Michigan | 1 | $ 167,000 | $ 167,000 | $ 0 |
Wexford County Michigan | 1 | $ 95,000 | $ 95,000 | $ 26,000 |
Hennepin County Minnesota | 1 | $ 124,000 | $ 124,000 | $ 0 |
Itasca County Minnesota | 1 | $ 62,000 | $ 62,000 | $ 50,000 |
Ramsey County Minnesota | 1 | $ 179,000 | $ 179,000 | $ 119,000 |
St. Charles County Missouri | 1 | $ 87,000 | $ 87,000 | $ 48,000 |
St. Louis County Missouri | 1 | $ 281,000 | $ 281,000 | $ 185,000 |
Stone County Missouri | 1 | $ 200,000 | $ 200,000 | $ 459,000 |
Lewis and Clark County Montana | 1 | $ 127,000 | $ 127,000 | $ 48,000 |
Clark County Nevada | 1 | $ 80,000 | $ 80,000 | $ 50,000 |
Middlesex County New Jersey | 1 | $ 133,000 | $ 133,000 | $ 0 |
Salem County New Jersey | 1 | $ 89,000 | $ 89,000 | $ 79,000 |
Sussex County New Jersey | 1 | $ 116,000 | $ 116,000 | $ 65,000 |
Union County New Jersey | 1 | $ 92,000 | $ 92,000 | $ 26,000 |
Rio Arriba County New Mexico | 1 | $ 82,000 | $ 82,000 | $ 115,000 |
San Juan County New Mexico | 1 | $ 66,000 | $ 66,000 | $ 58,000 |
Nassau County New York | 1 | $ 116,000 | $ 116,000 | $ 65,000 |
Oswego County New York | 1 | $ 159,000 | $ 159,000 | $ 73,000 |
Buncombe County North Carolina | 1 | $ 150,000 | $ 150,000 | $ 30,000 |
Surry County North Carolina | 1 | $ 54,000 | $ 54,000 | $ 80,000 |
Clermont County Ohio | 1 | $ 69,000 | $ 69,000 | $ 52,000 |
Washington County Ohio | 1 | $ 60,000 | $ 60,000 | $ 45,000 |
Marshall County Oklahoma | 1 | $ 87,000 | $ 87,000 | $ 32,000 |
Mayes County Oklahoma | 1 | $ 193,000 | $ 193,000 | $ 93,000 |
Oklahoma County Oklahoma | 1 | $ 70,000 | $ 70,000 | $ 62,000 |
Clackamas County Oregon | 1 | $ 73,000 | $ 73,000 | $ 32,000 |
Klamath County Oregon | 1 | $ 320,000 | $ 320,000 | $ 104,000 |
Lincoln County Oregon | 1 | $ 295,000 | $ 295,000 | $ 224,000 |
Marion County Oregon | 1 | $ 138,000 | $ 138,000 | $ 45,000 |
Cambria County Pennsylvania | 1 | $ 83,000 | $ 83,000 | $ 0 |
Chester County Pennsylvania | 1 | $ 133,000 | $ 133,000 | $ 35,000 |
Monroe County Pennsylvania | 1 | $ 157,000 | $ 157,000 | $ 64,000 |
Philadelphia County Pennsylvania | 1 | $ 82,000 | $ 82,000 | $ 56,000 |
York County Pennsylvania | 1 | $ 57,000 | $ 57,000 | $ 0 |
Bayamon County Puerto Rico | 1 | $ 188,000 | $ 188,000 | $ 165,000 |
Marlboro County South Carolina | 1 | $ 39,000 | $ 39,000 | $ 46,000 |
York County South Carolina | 1 | $ 143,000 | $ 143,000 | $ 83,000 |
Davidson County Tennessee | 1 | $ 114,000 | $ 114,000 | $ 79,000 |
Bell County Texas | 1 | $ 72,000 | $ 72,000 | $ 69,000 |
Brazoria County Texas | 1 | $ 98,000 | $ 98,000 | $ 157,000 |
Brazos County Texas | 1 | $ 72,000 | $ 72,000 | $ 85,000 |
Camp County Texas | 1 | $ 121,000 | $ 121,000 | $ 50,000 |
Grayson County Texas | 1 | $ 87,000 | $ 87,000 | $ 73,000 |
Jefferson County Texas | 1 | $ 123,000 | $ 123,000 | $ 90,000 |
Lavaca County Texas | 1 | $ 50,000 | $ 50,000 | $ 52,000 |
Marion County Texas | 1 | $ 92,000 | $ 92,000 | $ 54,000 |
Midland County Texas | 1 | $ 123,000 | $ 123,000 | $ 83,000 |
Navarro County Texas | 1 | $ 70,000 | $ 70,000 | $ 69,000 |
Nueces County Texas | 1 | $ 73,000 | $ 73,000 | $ 67,000 |
Potter County Texas | 1 | $ 65,000 | $ 65,000 | $ 42,000 |
Smith County Texas | 1 | $ 87,000 | $ 87,000 | $ 112,000 |
Throckmorton County Texas | 1 | $ 44,000 | $ 44,000 | $ 66,000 |
Van Zandt County Texas | 1 | $ 224,000 | $ 224,000 | $ 75,000 |
Victoria County Texas | 1 | $ 43,000 | $ 43,000 | $ 78,000 |
Davis County Utah | 1 | $ 293,000 | $ 293,000 | $ 251,000 |
Weber County Utah | 1 | $ 147,000 | $ 147,000 | $ 63,000 |
Franklin County Virginia | 1 | $ 119,000 | $ 119,000 | $ 515,000 |
Hampton County Virginia | 1 | $ 56,000 | $ 56,000 | $ 0 |
Henrico County Virginia | 1 | $ 133,000 | $ 133,000 | $ 0 |
Montgomery County Virginia | 1 | $ 130,000 | $ 130,000 | $ 108,000 |
Prince William County Virginia | 1 | $ 228,000 | $ 228,000 | $ 85,000 |
Tazewell County Virginia | 1 | $ 182,000 | $ 182,000 | $ 0 |
Douglas County Washington | 1 | $ 68,000 | $ 68,000 | $ 22,000 |
Jefferson County Washington | 1 | $ 102,000 | $ 102,000 | $ 45,000 |
Thurston County Washington | 1 | $ 163,000 | $ 163,000 | $ 187,000 |
Douglas County Wisconsin | 1 | $ 82,000 | $ 82,000 | $ 118,000 |
Lincoln County Wisconsin | 1 | $ 80,000 | $ 80,000 | $ 52,000 |
Oconto County Wisconsin | 1 | $ 113,000 | $ 113,000 | $ 121,000 |
Vilas County Wisconsin | 1 | $ 180,000 | $ 180,000 | $ 88,000 |
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 (home purchase or home improvement, one-to-four family) | 1,234 | $131,900,000 | $123,428 | $926,000 | $78,085 | $870,000 |
Home Purchase (one-to-four family) | 228 | $23,748,000 | $166,250 | $650,000 | $96,583 | $297,000 |
Multifamily dwelling (home purchase, home improvement, and refinancings) | 0 | $0 | $0 | $0 | $0 | $0 |
Home Improvement (one-to-four family) | 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 | 881 | $93,396,000 | $145,833 | $828,000 | $99,100 | $459,000 |
Information not provided by applicant in mail or telephone application | 258 | $24,368,000 | $101,043 | $278,000 | $35,043 | $359,000 |
Other | 238 | $27,717,000 | $139,080 | $926,000 | $91,840 | $870,000 |
Black | 30 | $3,015,000 | $90,428 | $297,000 | $63,285 | $386,000 |
Hispanic | 25 | $3,085,000 | $138,500 | $273,000 | $108,700 | $230,000 |
Asian or Pacific Islander | 22 | $3,430,000 | $176,111 | $320,000 | $101,000 | $194,000 |
American Indian or Alaskan Native | 8 | $637,000 | $89,500 | $129,000 | $64,750 | $97,000 |
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) | 1,462 | $155,648,000 | $138,578 | $926,000 | $85,394 | $870,000 |
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 | 1,123 | $116,767,000 | $121,942 | $828,000 | $77,314 | $515,000 |
Application Withdrawn By Applicant | 261 | $31,391,000 | $173,791 | $926,000 | $107,458 | $870,000 |
Application Denied By Financial Institution | 62 | $5,931,000 | $105,777 | $319,000 | $54,333 | $133,000 |
Application Approved But Not Accepted | 16 | $1,559,000 | $86,857 | $157,000 | $57,714 | $135,000 |
File Closed For Incompleteness | 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 |
---|---|---|---|---|---|---|
Other | 31 | $2,963,000 | $94,428 | $233,000 | $53,285 | $133,000 |
Credit History | 20 | $1,968,000 | $93,833 | $319,000 | $61,333 | $102,000 |
Debt-To-Income Ratio | 7 | $806,000 | $142,500 | $298,000 | $58,500 | $119,000 |
Collateral | 2 | $83,000 | $41,000 | $55,000 | $4,000 | $9,000 |
Credit Application Incomplete | 1 | $27,000 | $27,000 | $27,000 | $20,000 | $20,000 |
Insufficient Cash (Downpayment, Closing Cost) | 1 | $84,000 | $84,000 | $84,000 | $0 | $0 |
Mortgage Insurance Denied | 0 | $0 | $0 | $0 | $0 | $0 |
Unverifiable Information | 0 | $0 | $0 | $0 | $0 | $0 |
Employment History | 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.