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 Mortgage 1 Incorporated.
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 | Mortgage 1 Incorporated 43456 Mound Road Sterling Heights, MI 49314 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 |
Total Number of Mortgage Applications | 7,457 |
Total Mortgage Loan Application Amount | $1,559,935,000 |
Average Mortgage Loan Application Amount | $197,500 |
Highest Mortgage Loan Application Amount | $2,085,000 |
Average Applicant Income | $92,750 |
Highest Applicant Income | $2,420,000 |
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 |
---|---|---|---|---|
Macomb County Michigan | 1,182 | $ 233,400,000 | $ 197,000 | $ 87,000 |
Wayne County Michigan | 1,165 | $ 201,805,000 | $ 173,000 | $ 79,000 |
Oakland County Michigan | 799 | $ 204,975,000 | $ 256,000 | $ 109,000 |
Lee County Florida | 517 | $ 155,205,000 | $ 300,000 | $ 122,000 |
Muskegon County Michigan | 432 | $ 74,710,000 | $ 172,000 | $ 68,000 |
Kent County Michigan | 312 | $ 69,880,000 | $ 223,000 | $ 82,000 |
Jackson County Michigan | 283 | $ 43,435,000 | $ 153,000 | $ 64,000 |
St. Clair County Michigan | 227 | $ 43,985,000 | $ 193,000 | $ 78,000 |
Ottawa County Michigan | 225 | $ 58,395,000 | $ 259,000 | $ 117,000 |
Washtenaw County Michigan | 201 | $ 53,155,000 | $ 264,000 | $ 118,000 |
Genesee County Michigan | 178 | $ 33,420,000 | $ 187,000 | $ 79,000 |
Shiawassee County Michigan | 165 | $ 24,035,000 | $ 145,000 | $ 71,000 |
Livingston County Michigan | 108 | $ 29,200,000 | $ 270,000 | $ 105,000 |
Monroe County Michigan | 96 | $ 20,940,000 | $ 218,000 | $ 89,000 |
Lapeer County Michigan | 86 | $ 19,030,000 | $ 221,000 | $ 82,000 |
Montcalm County Michigan | 79 | $ 12,605,000 | $ 159,000 | $ 64,000 |
Ionia County Michigan | 74 | $ 11,790,000 | $ 159,000 | $ 62,000 |
Allegan County Michigan | 62 | $ 15,630,000 | $ 252,000 | $ 84,000 |
Ingham County Michigan | 59 | $ 8,045,000 | $ 136,000 | $ 64,000 |
Mason County Michigan | 53 | $ 9,225,000 | $ 174,000 | $ 69,000 |
Manistee County Michigan | 51 | $ 10,205,000 | $ 200,000 | $ 103,000 |
Oceana County Michigan | 49 | $ 9,185,000 | $ 187,000 | $ 78,000 |
Saginaw County Michigan | 43 | $ 7,245,000 | $ 168,000 | $ 78,000 |
Lenawee County Michigan | 40 | $ 7,990,000 | $ 199,000 | $ 79,000 |
Newaygo County Michigan | 36 | $ 6,200,000 | $ 172,000 | $ 70,000 |
Barry County Michigan | 34 | $ 8,130,000 | $ 239,000 | $ 93,000 |
Kalamazoo County Michigan | 30 | $ 5,130,000 | $ 171,000 | $ 71,000 |
Wexford County Michigan | 30 | $ 5,360,000 | $ 178,000 | $ 74,000 |
Eaton County Michigan | 24 | $ 3,970,000 | $ 165,000 | $ 66,000 |
Sanilac County Michigan | 23 | $ 3,675,000 | $ 159,000 | $ 93,000 |
Collier County Florida | 22 | $ 9,300,000 | $ 422,000 | $ 276,000 |
Hillsdale County Michigan | 22 | $ 3,920,000 | $ 178,000 | $ 63,000 |
Montgomery County Ohio | 22 | $ 3,180,000 | $ 144,000 | $ 73,000 |
Marion County Indiana | 21 | $ 2,695,000 | $ 128,000 | $ 55,000 |
Van Buren County Michigan | 21 | $ 3,925,000 | $ 186,000 | $ 72,000 |
Calhoun County Michigan | 19 | $ 3,405,000 | $ 179,000 | $ 74,000 |
Lucas County Ohio | 19 | $ 2,955,000 | $ 155,000 | $ 82,000 |
Mecosta County Michigan | 18 | $ 3,060,000 | $ 170,000 | $ 99,000 |
Tuscola County Michigan | 18 | $ 2,810,000 | $ 156,000 | $ 71,000 |
Iosco County Michigan | 16 | $ 2,020,000 | $ 126,000 | $ 76,000 |
Gladwin County Michigan | 15 | $ 2,185,000 | $ 145,000 | $ 119,000 |
Lake County Michigan | 15 | $ 2,695,000 | $ 179,000 | $ 67,000 |
Clinton County Michigan | 14 | $ 2,830,000 | $ 202,000 | $ 80,000 |
Gratiot County Michigan | 14 | $ 1,850,000 | $ 132,000 | $ 70,000 |
Osceola County Michigan | 14 | $ 1,940,000 | $ 138,000 | $ 88,000 |
Charlotte County Florida | 12 | $ 3,060,000 | $ 255,000 | $ 96,000 |
Bay County Michigan | 11 | $ 945,000 | $ 85,000 | $ 112,000 |
Huron County Michigan | 11 | $ 2,305,000 | $ 209,000 | $ 155,000 |
Berrien County Michigan | 10 | $ 2,750,000 | $ 275,000 | $ 134,000 |
Clare County Michigan | 10 | $ 1,420,000 | $ 142,000 | $ 100,000 |
Grand Traverse County Michigan | 9 | $ 3,875,000 | $ 430,000 | $ 145,000 |
Miami County Ohio | 9 | $ 1,115,000 | $ 123,000 | $ 63,000 |
Ogemaw County Michigan | 8 | $ 1,040,000 | $ 130,000 | $ 59,000 |
Roscommon County Michigan | 8 | $ 1,400,000 | $ 175,000 | $ 104,000 |
Manatee County Florida | 7 | $ 1,955,000 | $ 279,000 | $ 125,000 |
Palm Beach County Florida | 7 | $ 2,465,000 | $ 352,000 | $ 110,000 |
Pinellas County Florida | 7 | $ 2,555,000 | $ 365,000 | $ 300,000 |
Branch County Michigan | 7 | $ 1,275,000 | $ 182,000 | $ 60,000 |
Hendry County Florida | 6 | $ 1,260,000 | $ 210,000 | $ 84,000 |
Antrim County Michigan | 6 | $ 1,110,000 | $ 185,000 | $ 81,000 |
Marquette County Michigan | 6 | $ 1,030,000 | $ 171,000 | $ 122,000 |
Midland County Michigan | 6 | $ 1,010,000 | $ 168,000 | $ 62,000 |
Lewis and Clark County Montana | 6 | $ 1,620,000 | $ 270,000 | $ 105,000 |
Hillsborough County Florida | 5 | $ 1,795,000 | $ 359,000 | $ 112,000 |
Alcona County Michigan | 5 | $ 595,000 | $ 119,000 | $ 51,000 |
Isabella County Michigan | 5 | $ 535,000 | $ 107,000 | $ 54,000 |
Missaukee County Michigan | 5 | $ 965,000 | $ 193,000 | $ 73,000 |
Montmorency County Michigan | 5 | $ 545,000 | $ 109,000 | $ 237,000 |
Otsego County Michigan | 5 | $ 745,000 | $ 149,000 | $ 96,000 |
Cascade County Montana | 5 | $ 1,635,000 | $ 327,000 | $ 199,000 |
Cook County Illinois | 4 | $ 1,360,000 | $ 340,000 | $ 206,000 |
Arenac County Michigan | 4 | $ 630,000 | $ 157,000 | $ 96,000 |
Benzie County Michigan | 4 | $ 860,000 | $ 215,000 | $ 96,000 |
Cass County Michigan | 4 | $ 690,000 | $ 172,000 | $ 117,000 |
Oscoda County Michigan | 4 | $ 420,000 | $ 105,000 | $ 58,000 |
Presque Isle County Michigan | 4 | $ 1,000,000 | $ 250,000 | $ 113,000 |
Butler County Ohio | 4 | $ 1,210,000 | $ 302,000 | $ 103,000 |
Cuyahoga County Ohio | 4 | $ 920,000 | $ 230,000 | $ 493,000 |
Los Angeles County California | 3 | $ 2,455,000 | $ 818,000 | $ 308,000 |
Broward County Florida | 3 | $ 485,000 | $ 161,000 | $ 157,000 |
Sarasota County Florida | 3 | $ 995,000 | $ 331,000 | $ 75,000 |
Alpena County Michigan | 3 | $ 375,000 | $ 125,000 | $ 54,000 |
Charlevoix County Michigan | 3 | $ 1,055,000 | $ 351,000 | $ 181,000 |
Cheboygan County Michigan | 3 | $ 535,000 | $ 178,000 | $ 60,000 |
Chippewa County Michigan | 3 | $ 505,000 | $ 168,000 | $ 58,000 |
Crawford County Michigan | 3 | $ 675,000 | $ 225,000 | $ 154,000 |
Emmet County Michigan | 3 | $ 995,000 | $ 331,000 | $ 227,000 |
Greene County Ohio | 3 | $ 895,000 | $ 298,000 | $ 66,000 |
Lorain County Ohio | 3 | $ 1,385,000 | $ 461,000 | $ 149,000 |
Shelby County Ohio | 3 | $ 585,000 | $ 195,000 | $ 85,000 |
Tarrant County Texas | 3 | $ 1,085,000 | $ 361,000 | $ 276,000 |
Travis County Texas | 3 | $ 1,205,000 | $ 401,000 | $ 210,000 |
Alachua County Florida | 2 | $ 600,000 | $ 300,000 | $ 146,000 |
Miami-Dade County Florida | 2 | $ 460,000 | $ 230,000 | $ 129,000 |
Orange County Florida | 2 | $ 470,000 | $ 235,000 | $ 235,000 |
Pasco County Florida | 2 | $ 650,000 | $ 325,000 | $ 61,000 |
Polk County Florida | 2 | $ 200,000 | $ 100,000 | $ 94,000 |
Volusia County Florida | 2 | $ 890,000 | $ 445,000 | $ 136,000 |
Kane County Illinois | 2 | $ 510,000 | $ 255,000 | $ 65,000 |
Warren County Indiana | 2 | $ 220,000 | $ 110,000 | $ 86,000 |
Sedgwick County Kansas | 2 | $ 410,000 | $ 205,000 | $ 83,000 |
Kalkaska County Michigan | 2 | $ 250,000 | $ 125,000 | $ 45,000 |
Luce County Michigan | 2 | $ 270,000 | $ 135,000 | $ 37,000 |
Mackinac County Michigan | 2 | $ 280,000 | $ 140,000 | $ 130,000 |
St. Joseph County Michigan | 2 | $ 350,000 | $ 175,000 | $ 55,000 |
Clark County Ohio | 2 | $ 130,000 | $ 65,000 | $ 53,000 |
Franklin County Ohio | 2 | $ 320,000 | $ 160,000 | $ 592,000 |
Stark County Ohio | 2 | $ 270,000 | $ 135,000 | $ 75,000 |
Humboldt County California | 1 | $ 305,000 | $ 305,000 | $ 140,000 |
Riverside County California | 1 | $ 445,000 | $ 445,000 | $ 102,000 |
San Diego County California | 1 | $ 485,000 | $ 485,000 | $ 154,000 |
Hartford County Connecticut | 1 | $ 195,000 | $ 195,000 | $ 357,000 |
New London County Connecticut | 1 | $ 185,000 | $ 185,000 | $ 71,000 |
Baker County Florida | 1 | $ 235,000 | $ 235,000 | $ 65,000 |
DeSoto County Florida | 1 | $ 525,000 | $ 525,000 | $ 257,000 |
Duval County Florida | 1 | $ 365,000 | $ 365,000 | $ 78,000 |
Glades County Florida | 1 | $ 215,000 | $ 215,000 | $ 79,000 |
Hernando County Florida | 1 | $ 435,000 | $ 435,000 | $ 100,000 |
Highlands County Florida | 1 | $ 205,000 | $ 205,000 | $ 50,000 |
Jefferson County Florida | 1 | $ 405,000 | $ 405,000 | $ 160,000 |
Lake County Florida | 1 | $ 215,000 | $ 215,000 | $ 104,000 |
Marion County Florida | 1 | $ 95,000 | $ 95,000 | $ 64,000 |
Nassau County Florida | 1 | $ 375,000 | $ 375,000 | $ 160,000 |
Okaloosa County Florida | 1 | $ 295,000 | $ 295,000 | $ 106,000 |
Okeechobee County Florida | 1 | $ 145,000 | $ 145,000 | $ 67,000 |
St. Johns County Florida | 1 | $ 235,000 | $ 235,000 | $ 48,000 |
St. Lucie County Florida | 1 | $ 325,000 | $ 325,000 | $ 99,000 |
Sumter County Florida | 1 | $ 125,000 | $ 125,000 | $ 68,000 |
Lake County Illinois | 1 | $ 435,000 | $ 435,000 | $ 280,000 |
McHenry County Illinois | 1 | $ 305,000 | $ 305,000 | $ 169,000 |
Williamson County Illinois | 1 | $ 85,000 | $ 85,000 | $ 84,000 |
Hendricks County Indiana | 1 | $ 285,000 | $ 285,000 | $ 78,000 |
Howard County Indiana | 1 | $ 165,000 | $ 165,000 | $ 68,000 |
Johnson County Indiana | 1 | $ 185,000 | $ 185,000 | $ 89,000 |
St. Joseph County Indiana | 1 | $ 215,000 | $ 215,000 | $ 46,000 |
Harvey County Kansas | 1 | $ 65,000 | $ 65,000 | $ 40,000 |
Daviess County Kentucky | 1 | $ 135,000 | $ 135,000 | $ 232,000 |
Fayette County Kentucky | 1 | $ 305,000 | $ 305,000 | $ 79,000 |
McCracken County Kentucky | 1 | $ 245,000 | $ 245,000 | $ 70,000 |
Dickinson County Michigan | 1 | $ 275,000 | $ 275,000 | $ 110,000 |
Gogebic County Michigan | 1 | $ 85,000 | $ 85,000 | $ 121,000 |
Houghton County Michigan | 1 | $ 95,000 | $ 95,000 | $ 95,000 |
Menominee County Michigan | 1 | $ 115,000 | $ 115,000 | $ 50,000 |
Benton County Minnesota | 1 | $ 185,000 | $ 185,000 | $ 48,000 |
Hennepin County Minnesota | 1 | $ 225,000 | $ 225,000 | $ 90,000 |
Broadwater County Montana | 1 | $ 305,000 | $ 305,000 | $ 120,000 |
Lincoln County Montana | 1 | $ 455,000 | $ 455,000 | $ 150,000 |
Pondera County Montana | 1 | $ 245,000 | $ 245,000 | $ 95,000 |
Powell County Montana | 1 | $ 135,000 | $ 135,000 | $ 27,000 |
Silver Bow County Montana | 1 | $ 195,000 | $ 195,000 | $ 60,000 |
Teton County Montana | 1 | $ 615,000 | $ 615,000 | $ 173,000 |
Yellowstone County Montana | 1 | $ 465,000 | $ 465,000 | $ 151,000 |
Champaign County Ohio | 1 | $ 165,000 | $ 165,000 | $ 66,000 |
Darke County Ohio | 1 | $ 255,000 | $ 255,000 | $ 73,000 |
Defiance County Ohio | 1 | $ 95,000 | $ 95,000 | $ 31,000 |
Henry County Ohio | 1 | $ 175,000 | $ 175,000 | $ 50,000 |
Morrow County Ohio | 1 | $ 155,000 | $ 155,000 | $ 45,000 |
Ottawa County Ohio | 1 | $ 115,000 | $ 115,000 | $ 77,000 |
Portage County Ohio | 1 | $ 195,000 | $ 195,000 | $ 110,000 |
Wood County Ohio | 1 | $ 135,000 | $ 135,000 | $ 47,000 |
Wyandot County Ohio | 1 | $ 195,000 | $ 195,000 | $ 51,000 |
Collin County Texas | 1 | $ 505,000 | $ 505,000 | $ 341,000 |
Denton County Texas | 1 | $ 385,000 | $ 385,000 | $ 111,000 |
Harris County Texas | 1 | $ 95,000 | $ 95,000 | $ 95,000 |
Navarro County Texas | 1 | $ 205,000 | $ 205,000 | $ 47,000 |
Waller County Texas | 1 | $ 175,000 | $ 175,000 | $ 52,000 |
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 |
---|---|---|---|---|---|---|
Home Purchase | 6,107 | $1,312,895,000 | $214,000 | $2,085,000 | $89,000 | $1,812,000 |
Cash-out Refinancing | 873 | $157,675,000 | $180,000 | $905,000 | $93,000 | $696,000 |
Refinancing | 472 | $88,320,000 | $187,000 | $1,085,000 | $93,000 | $2,420,000 |
Home Improvement | 5 | $1,045,000 | $209,000 | $325,000 | $96,000 | $170,000 |
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 | 5,538 | $1,170,650,000 | $211,000 | $2,085,000 | $91,000 | $2,420,000 |
Not Provided | 950 | $194,200,000 | $204,000 | $885,000 | $95,000 | $1,680,000 |
Black or African American | 553 | $99,265,000 | $179,000 | $615,000 | $71,000 | $655,000 |
Hispanic | 223 | $43,525,000 | $195,000 | $635,000 | $79,000 | $470,000 |
Asian | 156 | $45,290,000 | $290,000 | $1,085,000 | $113,000 | $1,123,000 |
American Indian or Alaskan Native | 31 | $5,815,000 | $187,000 | $525,000 | $105,000 | $674,000 |
Native Hawaiian or Other Pacific Islander | 5 | $1,025,000 | $205,000 | $365,000 | $93,000 | $164,000 |
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) | 5,238 | $1,131,570,000 | $216,000 | $2,085,000 | $100,000 | $2,420,000 |
FHA-insured (Federal Housing Administration) | 1,752 | $316,600,000 | $180,000 | $515,000 | $64,000 | $424,000 |
VA-guaranteed (Veterans Administration) | 306 | $85,540,000 | $279,000 | $855,000 | $88,000 | $289,000 |
FSA/RHS (Farm Service Agency or Rural Housing Service) | 161 | $26,225,000 | $162,000 | $365,000 | $56,000 | $112,000 |
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 | 5,549 | $1,161,005,000 | $209,000 | $2,085,000 | $91,000 | $2,420,000 |
Application Withdrawn By Applicant | 1,082 | $230,000,000 | $212,000 | $645,000 | $94,000 | $1,680,000 |
Application Approved But Not Accepted | 393 | $81,755,000 | $208,000 | $775,000 | $86,000 | $356,000 |
Application Denied By Financial Institution | 223 | $39,585,000 | $177,000 | $495,000 | $71,000 | $501,000 |
Preapproval Approved but not Accepted | 146 | $33,560,000 | $229,000 | $645,000 | $75,000 | $337,000 |
Preapproval Denied by Financial Institution | 37 | $7,995,000 | $216,000 | $645,000 | $57,000 | $258,000 |
File Closed For Incompleteness | 27 | $6,035,000 | $223,000 | $905,000 | $86,000 | $501,000 |
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 | 7,197 | $1,512,355,000 | $210,000 | $2,085,000 | $91,000 | $2,420,000 |
Debt-To-Income Ratio | 75 | $14,895,000 | $198,000 | $495,000 | $52,000 | $171,000 |
Collateral | 62 | $10,300,000 | $166,000 | $405,000 | $87,000 | $312,000 |
Credit History | 42 | $7,940,000 | $189,000 | $645,000 | $74,000 | $501,000 |
Other | 32 | $6,200,000 | $193,000 | $465,000 | $78,000 | $398,000 |
Employment History | 24 | $3,620,000 | $150,000 | $425,000 | $43,000 | $75,000 |
Unverifiable Information | 13 | $2,765,000 | $212,000 | $445,000 | $69,000 | $140,000 |
Insufficient Cash (Downpayment, Closing Cost) | 10 | $1,400,000 | $140,000 | $285,000 | $86,000 | $258,000 |
Credit Application Incomplete | 2 | $460,000 | $230,000 | $245,000 | $73,000 | $74,000 |
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.