Midwest Loan Solutions, Inc.
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 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 2003-2022.

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 1,013
Total Mortgage Loan Application Amount $280,185,000
Average Mortgage Loan Application Amount $249,400
Highest Mortgage Loan Application Amount $1,785,000
Average Applicant Income $82,600
Highest Applicant Income $712,000

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 Midwest Loan Solutions, Inc. by County in 2019

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 84 $ 23,510,000 $ 279,000 $ 112,000
Wayne County Michigan 37 $ 9,765,000 $ 263,000 $ 115,000
Washtenaw County Michigan 36 $ 10,960,000 $ 304,000 $ 123,000
Orange County Florida 27 $ 6,505,000 $ 240,000 $ 115,000
New Castle County Delaware 26 $ 6,050,000 $ 232,000 $ 65,000
Anne Arundel County Maryland 24 $ 8,640,000 $ 360,000 $ 107,000
Kent County Michigan 20 $ 3,900,000 $ 195,000 $ 79,000
Hillsborough County Florida 18 $ 4,920,000 $ 273,000 $ 94,000
Philadelphia County Pennsylvania 17 $ 3,435,000 $ 202,000 $ 70,000
Los Angeles County California 16 $ 6,330,000 $ 395,000 $ 86,000
Baltimore County Maryland 16 $ 4,570,000 $ 285,000 $ 113,000
Montgomery County Pennsylvania 16 $ 4,000,000 $ 250,000 $ 98,000
Bucks County Pennsylvania 15 $ 4,205,000 $ 280,000 $ 72,000
Macomb County Michigan 14 $ 3,110,000 $ 222,000 $ 75,000
Ocean County New Jersey 14 $ 5,420,000 $ 387,000 $ 134,000
Arapahoe County Colorado 12 $ 4,600,000 $ 383,000 $ 129,000
Seminole County Florida 12 $ 2,540,000 $ 211,000 $ 94,000
Orange County California 11 $ 4,385,000 $ 398,000 $ 141,000
Lake County Florida 11 $ 3,375,000 $ 306,000 $ 102,000
Monmouth County New Jersey 11 $ 4,855,000 $ 441,000 $ 165,000
Riverside County California 10 $ 3,350,000 $ 335,000 $ 114,000
Brevard County Florida 10 $ 2,460,000 $ 246,000 $ 81,000
Osceola County Florida 9 $ 1,705,000 $ 189,000 $ 66,000
Baltimore City County Maryland 9 $ 2,315,000 $ 257,000 $ 151,000
Ingham County Michigan 9 $ 1,975,000 $ 219,000 $ 139,000
Union County New Jersey 9 $ 3,075,000 $ 341,000 $ 182,000
Chester County Pennsylvania 9 $ 3,595,000 $ 399,000 $ 193,000
Denver County Colorado 8 $ 2,660,000 $ 332,000 $ 97,000
Pinellas County Florida 8 $ 1,920,000 $ 240,000 $ 99,000
Cook County Illinois 8 $ 1,720,000 $ 215,000 $ 97,000
Marion County Indiana 8 $ 1,020,000 $ 127,000 $ 89,000
Carroll County Maryland 8 $ 2,960,000 $ 370,000 $ 139,000
Clark County Nevada 8 $ 2,590,000 $ 323,000 $ 110,000
Hernando County Florida 7 $ 1,815,000 $ 259,000 $ 95,000
Pasco County Florida 7 $ 1,415,000 $ 202,000 $ 88,000
Lake County Illinois 7 $ 2,555,000 $ 365,000 $ 136,000
Prince George's County Maryland 7 $ 2,195,000 $ 313,000 $ 63,000
Middlesex County New Jersey 7 $ 2,095,000 $ 299,000 $ 130,000
Somerset County New Jersey 7 $ 2,725,000 $ 389,000 $ 132,000
Douglas County Colorado 6 $ 2,320,000 $ 386,000 $ 126,000
Jefferson County Colorado 6 $ 2,150,000 $ 358,000 $ 98,000
Broward County Florida 6 $ 1,230,000 $ 205,000 $ 79,000
Polk County Florida 6 $ 1,250,000 $ 208,000 $ 63,000
Montgomery County Maryland 6 $ 2,500,000 $ 416,000 $ 152,000
Burlington County New Jersey 6 $ 1,470,000 $ 245,000 $ 115,000
Fairfax County Virginia 6 $ 2,330,000 $ 388,000 $ 122,000
San Bernardino County California 5 $ 1,865,000 $ 373,000 $ 104,000
Charlotte County Florida 5 $ 1,515,000 $ 303,000 $ 112,000
Miami-Dade County Florida 5 $ 1,605,000 $ 321,000 $ 65,000
Howard County Maryland 5 $ 2,415,000 $ 483,000 $ 248,000
St. Mary's County Maryland 5 $ 1,315,000 $ 263,000 $ 102,000
Cape May County New Jersey 5 $ 1,745,000 $ 349,000 $ 150,000
Morris County New Jersey 5 $ 1,605,000 $ 321,000 $ 77,000
Franklin County Ohio 5 $ 1,215,000 $ 243,000 $ 137,000
Lehigh County Pennsylvania 5 $ 1,375,000 $ 275,000 $ 152,000
Sacramento County California 4 $ 1,380,000 $ 345,000 $ 169,000
San Diego County California 4 $ 1,840,000 $ 460,000 $ 135,000
Clay County Florida 4 $ 980,000 $ 245,000 $ 72,000
Palm Beach County Florida 4 $ 1,210,000 $ 302,000 $ 159,000
Frederick County Maryland 4 $ 1,340,000 $ 335,000 $ 134,000
Queen Anne's County Maryland 4 $ 1,490,000 $ 372,000 $ 163,000
Genesee County Michigan 4 $ 870,000 $ 217,000 $ 138,000
Jackson County Michigan 4 $ 560,000 $ 140,000 $ 72,000
Hennepin County Minnesota 4 $ 1,080,000 $ 270,000 $ 142,000
Essex County New Jersey 4 $ 1,400,000 $ 350,000 $ 194,000
Mercer County New Jersey 4 $ 790,000 $ 197,000 $ 73,000
Passaic County New Jersey 4 $ 1,140,000 $ 285,000 $ 91,000
Wake County North Carolina 4 $ 920,000 $ 230,000 $ 75,000
Delaware County Pennsylvania 4 $ 570,000 $ 142,000 $ 48,000
Greenville County South Carolina 4 $ 600,000 $ 150,000 $ 59,000
Horry County South Carolina 4 $ 720,000 $ 180,000 $ 81,000
Ventura County California 3 $ 1,125,000 $ 375,000 $ 74,000
Kent County Delaware 3 $ 815,000 $ 271,000 $ 87,000
Sussex County Delaware 3 $ 655,000 $ 218,000 $ 100,000
Duval County Florida 3 $ 365,000 $ 121,000 $ 65,000
Manatee County Florida 3 $ 895,000 $ 298,000 $ 114,000
Polk County Iowa 3 $ 605,000 $ 201,000 $ 88,000
Harford County Maryland 3 $ 715,000 $ 238,000 $ 72,000
Berrien County Michigan 3 $ 505,000 $ 168,000 $ 112,000
Muskegon County Michigan 3 $ 395,000 $ 131,000 $ 55,000
St. Clair County Michigan 3 $ 405,000 $ 135,000 $ 37,000
Lancaster County Nebraska 3 $ 675,000 $ 225,000 $ 140,000
Bergen County New Jersey 3 $ 1,075,000 $ 358,000 $ 119,000
Camden County New Jersey 3 $ 455,000 $ 151,000 $ 35,000
Sussex County New Jersey 3 $ 685,000 $ 228,000 $ 71,000
York County Pennsylvania 3 $ 545,000 $ 181,000 $ 108,000
Kern County California 2 $ 460,000 $ 230,000 $ 81,000
Placer County California 2 $ 700,000 $ 350,000 $ 42,000
Sonoma County California 2 $ 860,000 $ 430,000 $ 80,000
Adams County Colorado 2 $ 710,000 $ 355,000 $ 109,000
Elbert County Colorado 2 $ 670,000 $ 335,000 $ 50,000
District of Columbia County District Of Columbia 2 $ 650,000 $ 325,000 $ 46,000
Santa Rosa County Florida 2 $ 420,000 $ 210,000 $ 52,000
Sarasota County Florida 2 $ 860,000 $ 430,000 $ 242,000
St. Lucie County Florida 2 $ 560,000 $ 280,000 $ 142,000
Forsyth County Georgia 2 $ 260,000 $ 130,000 $ 27,000
DuPage County Illinois 2 $ 530,000 $ 265,000 $ 107,000
McHenry County Illinois 2 $ 170,000 $ 85,000 $ 11,000
Johnson County Kansas 2 $ 630,000 $ 315,000 $ 124,000
Oldham County Kentucky 2 $ 830,000 $ 415,000 $ 172,000
Rapides County Louisiana 2 $ 390,000 $ 195,000 $ 98,000
Talbot County Maryland 2 $ 600,000 $ 300,000 $ 198,000
Washington County Maryland 2 $ 410,000 $ 205,000 $ 72,000
Ionia County Michigan 2 $ 270,000 $ 135,000 $ 33,000
Lapeer County Michigan 2 $ 270,000 $ 135,000 $ 54,000
Lenawee County Michigan 2 $ 630,000 $ 315,000 $ 165,000
Livingston County Michigan 2 $ 370,000 $ 185,000 $ 77,000
Montcalm County Michigan 2 $ 400,000 $ 200,000 $ 74,000
Newaygo County Michigan 2 $ 340,000 $ 170,000 $ 63,000
Ottawa County Michigan 2 $ 530,000 $ 265,000 $ 80,000
Dakota County Minnesota 2 $ 580,000 $ 290,000 $ 104,000
Hunterdon County New Jersey 2 $ 710,000 $ 355,000 $ 88,000
Warren County New Jersey 2 $ 610,000 $ 305,000 $ 121,000
Gaston County North Carolina 2 $ 380,000 $ 190,000 $ 31,000
Guilford County North Carolina 2 $ 410,000 $ 205,000 $ 92,000
Iredell County North Carolina 2 $ 380,000 $ 190,000 $ 51,000
Mecklenburg County North Carolina 2 $ 610,000 $ 305,000 $ 123,000
Lucas County Ohio 2 $ 210,000 $ 105,000 $ 53,000
Warren County Ohio 2 $ 590,000 $ 295,000 $ 217,000
Multnomah County Oregon 2 $ 810,000 $ 405,000 $ 118,000
Lebanon County Pennsylvania 2 $ 330,000 $ 165,000 $ 91,000
Northampton County Pennsylvania 2 $ 500,000 $ 250,000 $ 158,000
Spartanburg County South Carolina 2 $ 500,000 $ 250,000 $ 49,000
Tarrant County Texas 2 $ 630,000 $ 315,000 $ 285,000
Salt Lake County Utah 2 $ 520,000 $ 260,000 $ 73,000
Utah County Utah 2 $ 470,000 $ 235,000 $ 96,000
Prince William County Virginia 2 $ 780,000 $ 390,000 $ 163,000
King County Washington 2 $ 950,000 $ 475,000 $ 112,000
Pierce County Washington 2 $ 790,000 $ 395,000 $ 202,000
Stevens County Washington 2 $ 610,000 $ 305,000 $ 125,000
Baldwin County Alabama 1 $ 235,000 $ 235,000 $ 0
Barbour County Alabama 1 $ 45,000 $ 45,000 $ 17,000
Calhoun County Alabama 1 $ 245,000 $ 245,000 $ 133,000
Etowah County Alabama 1 $ 55,000 $ 55,000 $ 24,000
Jefferson County Alabama 1 $ 115,000 $ 115,000 $ 24,000
Mobile County Alabama 1 $ 285,000 $ 285,000 $ 108,000
Shelby County Alabama 1 $ 145,000 $ 145,000 $ 37,000
El Dorado County California 1 $ 465,000 $ 465,000 $ 216,000
Monterey County California 1 $ 455,000 $ 455,000 $ 166,000
San Joaquin County California 1 $ 345,000 $ 345,000 $ 68,000
Santa Clara County California 1 $ 705,000 $ 705,000 $ 159,000
Solano County California 1 $ 305,000 $ 305,000 $ 62,000
Stanislaus County California 1 $ 255,000 $ 255,000 $ 75,000
Alamosa County Colorado 1 $ 145,000 $ 145,000 $ 29,000
El Paso County Colorado 1 $ 345,000 $ 345,000 $ 169,000
Garfield County Colorado 1 $ 325,000 $ 325,000 $ 57,000
Larimer County Colorado 1 $ 335,000 $ 335,000 $ 50,000
Otero County Colorado 1 $ 255,000 $ 255,000 $ 125,000
Park County Colorado 1 $ 115,000 $ 115,000 $ 135,000
Weld County Colorado 1 $ 245,000 $ 245,000 $ 144,000
Fairfield County Connecticut 1 $ 325,000 $ 325,000 $ 125,000
Hartford County Connecticut 1 $ 305,000 $ 305,000 $ 121,000
Collier County Florida 1 $ 245,000 $ 245,000 $ 54,000
Indian River County Florida 1 $ 155,000 $ 155,000 $ 93,000
Lee County Florida 1 $ 135,000 $ 135,000 $ 58,000
Marion County Florida 1 $ 145,000 $ 145,000 $ 52,000
Martin County Florida 1 $ 485,000 $ 485,000 $ 108,000
Monroe County Florida 1 $ 485,000 $ 485,000 $ 177,000
St. Johns County Florida 1 $ 205,000 $ 205,000 $ 54,000
Volusia County Florida 1 $ 65,000 $ 65,000 $ 102,000
Cherokee County Georgia 1 $ 255,000 $ 255,000 $ 172,000
Cobb County Georgia 1 $ 235,000 $ 235,000 $ 116,000
Fulton County Georgia 1 $ 365,000 $ 365,000 $ 72,000
Glynn County Georgia 1 $ 145,000 $ 145,000 $ 109,000
Spalding County Georgia 1 $ 305,000 $ 305,000 $ 160,000
Walton County Georgia 1 $ 105,000 $ 105,000 $ 58,000
Kane County Illinois 1 $ 235,000 $ 235,000 $ 90,000
Macoupin County Illinois 1 $ 165,000 $ 165,000 $ 67,000
Madison County Illinois 1 $ 165,000 $ 165,000 $ 114,000
Cass County Indiana 1 $ 165,000 $ 165,000 $ 60,000
Hamilton County Indiana 1 $ 485,000 $ 485,000 $ 250,000
Madison County Iowa 1 $ 195,000 $ 195,000 $ 85,000
Atchison County Kansas 1 $ 255,000 $ 255,000 $ 61,000
Sedgwick County Kansas 1 $ 165,000 $ 165,000 $ 109,000
Boone County Kentucky 1 $ 315,000 $ 315,000 $ 127,000
Bullitt County Kentucky 1 $ 195,000 $ 195,000 $ 88,000
Jefferson County Louisiana 1 $ 185,000 $ 185,000 $ 27,000
St. Charles County Louisiana 1 $ 175,000 $ 175,000 $ 59,000
St. Tammany County Louisiana 1 $ 455,000 $ 455,000 $ 364,000
Tangipahoa County Louisiana 1 $ 125,000 $ 125,000 $ 72,000
Washington County Louisiana 1 $ 295,000 $ 295,000 $ 65,000
Calvert County Maryland 1 $ 175,000 $ 175,000 $ 54,000
Allegan County Michigan 1 $ 165,000 $ 165,000 $ 74,000
Barry County Michigan 1 $ 115,000 $ 115,000 $ 41,000
Bay County Michigan 1 $ 125,000 $ 125,000 $ 63,000
Calhoun County Michigan 1 $ 245,000 $ 245,000 $ 100,000
Clinton County Michigan 1 $ 185,000 $ 185,000 $ 64,000
Eaton County Michigan 1 $ 125,000 $ 125,000 $ 97,000
Gladwin County Michigan 1 $ 135,000 $ 135,000 $ 116,000
Grand Traverse County Michigan 1 $ 265,000 $ 265,000 $ 90,000
Kalamazoo County Michigan 1 $ 275,000 $ 275,000 $ 100,000
Monroe County Michigan 1 $ 135,000 $ 135,000 $ 59,000
Oceana County Michigan 1 $ 155,000 $ 155,000 $ 60,000
Osceola County Michigan 1 $ 105,000 $ 105,000 $ 60,000
Carver County Minnesota 1 $ 315,000 $ 315,000 $ 127,000
Scott County Minnesota 1 $ 355,000 $ 355,000 $ 120,000
Sherburne County Minnesota 1 $ 255,000 $ 255,000 $ 125,000
St. Louis County Minnesota 1 $ 235,000 $ 235,000 $ 106,000
Harrison County Mississippi 1 $ 285,000 $ 285,000 $ 131,000
Lowndes County Mississippi 1 $ 145,000 $ 145,000 $ 87,000
Silver Bow County Montana 1 $ 275,000 $ 275,000 $ 151,000
Keith County Nebraska 1 $ 365,000 $ 365,000 $ 173,000
Sarpy County Nebraska 1 $ 235,000 $ 235,000 $ 80,000
Saunders County Nebraska 1 $ 305,000 $ 305,000 $ 204,000
Scotts Bluff County Nebraska 1 $ 185,000 $ 185,000 $ 47,000
Strafford County New Hampshire 1 $ 205,000 $ 205,000 $ 77,000
Atlantic County New Jersey 1 $ 85,000 $ 85,000 $ 52,000
Gloucester County New Jersey 1 $ 135,000 $ 135,000 $ 50,000
Salem County New Jersey 1 $ 75,000 $ 75,000 $ 18,000
Alamance County North Carolina 1 $ 195,000 $ 195,000 $ 88,000
Richmond County North Carolina 1 $ 125,000 $ 125,000 $ 103,000
Rutherford County North Carolina 1 $ 405,000 $ 405,000 $ 86,000
Butler County Ohio 1 $ 125,000 $ 125,000 $ 90,000
Fairfield County Ohio 1 $ 125,000 $ 125,000 $ 37,000
Hamilton County Ohio 1 $ 235,000 $ 235,000 $ 175,000
Mahoning County Ohio 1 $ 155,000 $ 155,000 $ 74,000
Montgomery County Ohio 1 $ 145,000 $ 145,000 $ 56,000
Wood County Ohio 1 $ 155,000 $ 155,000 $ 76,000
Tulsa County Oklahoma 1 $ 285,000 $ 285,000 $ 131,000
Douglas County Oregon 1 $ 205,000 $ 205,000 $ 98,000
Linn County Oregon 1 $ 275,000 $ 275,000 $ 10,000
Allegheny County Pennsylvania 1 $ 105,000 $ 105,000 $ 36,000
Beaver County Pennsylvania 1 $ 95,000 $ 95,000 $ 66,000
Berks County Pennsylvania 1 $ 205,000 $ 205,000 $ 117,000
Butler County Pennsylvania 1 $ 135,000 $ 135,000 $ 150,000
Carbon County Pennsylvania 1 $ 55,000 $ 55,000 $ 74,000
Dauphin County Pennsylvania 1 $ 245,000 $ 245,000 $ 93,000
Fayette County Pennsylvania 1 $ 95,000 $ 95,000 $ 60,000
Franklin County Pennsylvania 1 $ 105,000 $ 105,000 $ 44,000
Lancaster County Pennsylvania 1 $ 245,000 $ 245,000 $ 79,000
Luzerne County Pennsylvania 1 $ 95,000 $ 95,000 $ 58,000
Westmoreland County Pennsylvania 1 $ 165,000 $ 165,000 $ 38,000
Anderson County South Carolina 1 $ 95,000 $ 95,000 $ 31,000
Beaufort County South Carolina 1 $ 285,000 $ 285,000 $ 98,000
Dorchester County South Carolina 1 $ 415,000 $ 415,000 $ 110,000
Pickens County South Carolina 1 $ 315,000 $ 315,000 $ 105,000
York County South Carolina 1 $ 255,000 $ 255,000 $ 100,000
Davidson County Tennessee 1 $ 295,000 $ 295,000 $ 78,000
Dickson County Tennessee 1 $ 275,000 $ 275,000 $ 101,000
Shelby County Tennessee 1 $ 315,000 $ 315,000 $ 102,000
Washington County Tennessee 1 $ 135,000 $ 135,000 $ 41,000
Williamson County Tennessee 1 $ 435,000 $ 435,000 $ 160,000
Bexar County Texas 1 $ 435,000 $ 435,000 $ 215,000
Chambers County Texas 1 $ 475,000 $ 475,000 $ 203,000
Dallas County Texas 1 $ 195,000 $ 195,000 $ 153,000
Denton County Texas 1 $ 245,000 $ 245,000 $ 160,000
Fort Bend County Texas 1 $ 105,000 $ 105,000 $ 27,000
Montgomery County Texas 1 $ 475,000 $ 475,000 $ 218,000
Chesapeake County Virginia 1 $ 295,000 $ 295,000 $ 107,000
Chesterfield County Virginia 1 $ 285,000 $ 285,000 $ 77,000
Frederick County Virginia 1 $ 195,000 $ 195,000 $ 38,000
Loudoun County Virginia 1 $ 415,000 $ 415,000 $ 109,000
Stafford County Virginia 1 $ 195,000 $ 195,000 $ 56,000
Benton County Washington 1 $ 335,000 $ 335,000 $ 115,000
Cowlitz County Washington 1 $ 275,000 $ 275,000 $ 81,000
Kitsap County Washington 1 $ 485,000 $ 485,000 $ 142,000
Okanogan County Washington 1 $ 215,000 $ 215,000 $ 107,000
Spokane County Washington 1 $ 285,000 $ 285,000 $ 126,000
Monroe County Wisconsin 1 $ 135,000 $ 135,000 $ 66,000

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 Midwest Loan Solutions, Inc. 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 400 $110,800,000 $277,000 $1,255,000 $106,000 $712,000
Cash-out Refinancing 365 $91,545,000 $250,000 $705,000 $97,000 $407,000
Refinancing 244 $77,030,000 $315,000 $1,785,000 $122,000 $385,000
Other Purpose 2 $400,000 $200,000 $305,000 $17,000 $21,000
Home Improvement 2 $410,000 $205,000 $235,000 $71,000 $119,000
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 628 $172,080,000 $274,000 $1,785,000 $106,000 $407,000
Asian 143 $44,455,000 $310,000 $1,255,000 $128,000 $712,000
Not Provided 94 $27,480,000 $292,000 $705,000 $118,000 $572,000
Black or African American 72 $17,120,000 $237,000 $605,000 $68,000 $377,000
Hispanic 72 $18,220,000 $253,000 $705,000 $84,000 $216,000
American Indian or Alaskan Native 3 $605,000 $201,000 $385,000 $69,000 $100,000
Native Hawaiian or Other Pacific Islander 1 $225,000 $225,000 $225,000 $68,000 $68,000
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) 614 $183,680,000 $299,000 $1,785,000 $125,000 $712,000
FHA-insured (Federal Housing Administration) 299 $67,735,000 $226,000 $735,000 $72,000 $358,000
VA-guaranteed (Veterans Administration) 86 $26,400,000 $306,000 $685,000 $89,000 $255,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 14 $2,370,000 $169,000 $275,000 $54,000 $87,000

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 751 $208,575,000 $277,000 $705,000 $108,000 $407,000
Application Denied By Financial Institution 191 $50,705,000 $265,000 $735,000 $98,000 $572,000
Application Withdrawn By Applicant 50 $15,800,000 $316,000 $1,785,000 $112,000 $712,000
Application Approved But Not Accepted 17 $3,835,000 $225,000 $395,000 $84,000 $172,000
File Closed For Incompleteness 4 $1,270,000 $317,000 $475,000 $51,000 $96,000
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 822 $229,480,000 $279,000 $1,785,000 $108,000 $712,000
Collateral 96 $24,780,000 $258,000 $555,000 $101,000 $345,000
Other 32 $9,540,000 $298,000 $735,000 $117,000 $572,000
Debt-To-Income Ratio 32 $8,540,000 $266,000 $705,000 $67,000 $363,000
Credit History 12 $2,440,000 $203,000 $315,000 $86,000 $182,000
Unverifiable Information 8 $2,160,000 $270,000 $365,000 $92,000 $161,000
Employment History 6 $1,570,000 $261,000 $405,000 $69,000 $154,000
Credit Application Incomplete 4 $1,320,000 $330,000 $445,000 $147,000 $225,000
Insufficient Cash (Downpayment, Closing Cost) 1 $355,000 $355,000 $355,000 $377,000 $377,000
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