Preston Home Loans Inc
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 Preston Home Loans 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 Preston Home Loans Inc
1537 E Hill Rd Suite 100
Grand Blanc, MI 48439
Tel #: available with data download
Federal Regulator * available with data download
Years 2022  2021  2020  
Total Number of Mortgage Applications 1,006
Total Mortgage Loan Application Amount $189,960,000
Average Mortgage Loan Application Amount $188,750
Highest Mortgage Loan Application Amount $695,000
Average Applicant Income $106,000
Highest Applicant Income $993,000

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 Preston Home Loans Inc 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
Genesee County Michigan 481 $ 79,305,000 $ 164,000 $ 79,000
Oakland County Michigan 109 $ 24,475,000 $ 224,000 $ 103,000
Shiawassee County Michigan 46 $ 8,620,000 $ 187,000 $ 81,000
Saginaw County Michigan 43 $ 6,455,000 $ 150,000 $ 65,000
Lapeer County Michigan 42 $ 8,640,000 $ 205,000 $ 93,000
Tuscola County Michigan 29 $ 4,575,000 $ 157,000 $ 54,000
Livingston County Michigan 25 $ 6,855,000 $ 274,000 $ 100,000
Macomb County Michigan 24 $ 5,290,000 $ 220,000 $ 88,000
Hillsborough County Florida 22 $ 6,480,000 $ 294,000 $ 105,000
Wayne County Michigan 20 $ 3,150,000 $ 157,000 $ 67,000
Ingham County Michigan 13 $ 2,125,000 $ 163,000 $ 88,000
Pinellas County Florida 9 $ 2,985,000 $ 331,000 $ 88,000
Pasco County Florida 7 $ 2,135,000 $ 305,000 $ 67,000
Gratiot County Michigan 7 $ 855,000 $ 122,000 $ 60,000
Sanilac County Michigan 7 $ 1,295,000 $ 185,000 $ 65,000
Midland County Michigan 6 $ 1,290,000 $ 215,000 $ 74,000
Montcalm County Michigan 6 $ 1,000,000 $ 166,000 $ 90,000
Clare County Michigan 5 $ 855,000 $ 171,000 $ 65,000
Isabella County Michigan 5 $ 805,000 $ 161,000 $ 56,000
Manatee County Florida 4 $ 870,000 $ 217,000 $ 103,000
Lake County Michigan 4 $ 730,000 $ 182,000 $ 120,000
Mecklenburg County North Carolina 4 $ 1,790,000 $ 447,000 $ 152,000
Polk County Florida 3 $ 445,000 $ 148,000 $ 64,000
Bay County Michigan 3 $ 305,000 $ 101,000 $ 46,000
Jackson County Michigan 3 $ 525,000 $ 175,000 $ 111,000
Mecosta County Michigan 3 $ 515,000 $ 171,000 $ 62,000
Monroe County Michigan 3 $ 615,000 $ 205,000 $ 64,000
Newaygo County Michigan 3 $ 305,000 $ 101,000 $ 52,000
Ogemaw County Michigan 3 $ 595,000 $ 198,000 $ 86,000
Osceola County Michigan 3 $ 345,000 $ 115,000 $ 51,000
Brevard County Florida 2 $ 660,000 $ 330,000 $ 114,000
Charlotte County Florida 2 $ 550,000 $ 275,000 $ 81,000
Martin County Florida 2 $ 370,000 $ 185,000 $ 69,000
Okaloosa County Florida 2 $ 760,000 $ 380,000 $ 93,000
Palm Beach County Florida 2 $ 420,000 $ 210,000 $ 390,000
Santa Rosa County Florida 2 $ 390,000 $ 195,000 $ 54,000
Sarasota County Florida 2 $ 900,000 $ 450,000 $ 131,000
St. Lucie County Florida 2 $ 640,000 $ 320,000 $ 100,000
Cook County Illinois 2 $ 380,000 $ 190,000 $ 48,000
Clinton County Michigan 2 $ 580,000 $ 290,000 $ 73,000
Crawford County Michigan 2 $ 420,000 $ 210,000 $ 91,000
Gladwin County Michigan 2 $ 350,000 $ 175,000 $ 111,000
Grand Traverse County Michigan 2 $ 730,000 $ 365,000 $ 145,000
Huron County Michigan 2 $ 180,000 $ 90,000 $ 32,000
Ionia County Michigan 2 $ 210,000 $ 105,000 $ 57,000
Kent County Michigan 2 $ 640,000 $ 320,000 $ 128,000
Lenawee County Michigan 2 $ 310,000 $ 155,000 $ 50,000
Muskegon County Michigan 2 $ 430,000 $ 215,000 $ 88,000
Washtenaw County Michigan 2 $ 610,000 $ 305,000 $ 154,000
Union County North Carolina 2 $ 600,000 $ 300,000 $ 140,000
Alachua County Florida 1 $ 515,000 $ 515,000 $ 166,000
Broward County Florida 1 $ 255,000 $ 255,000 $ 96,000
Escambia County Florida 1 $ 125,000 $ 125,000 $ 34,000
Lee County Florida 1 $ 325,000 $ 325,000 $ 110,000
Osceola County Florida 1 $ 285,000 $ 285,000 $ 262,000
Stephens County Georgia 1 $ 265,000 $ 265,000 $ 63,000
DuPage County Illinois 1 $ 405,000 $ 405,000 $ 213,000
Antrim County Michigan 1 $ 165,000 $ 165,000 $ 252,000
Arenac County Michigan 1 $ 185,000 $ 185,000 $ 106,000
Benzie County Michigan 1 $ 35,000 $ 35,000 $ 145,000
Calhoun County Michigan 1 $ 115,000 $ 115,000 $ 46,000
Charlevoix County Michigan 1 $ 265,000 $ 265,000 $ 219,000
Chippewa County Michigan 1 $ 185,000 $ 185,000 $ 160,000
Iosco County Michigan 1 $ 105,000 $ 105,000 $ 195,000
Leelanau County Michigan 1 $ 185,000 $ 185,000 $ 460,000
Manistee County Michigan 1 $ 185,000 $ 185,000 $ 90,000
Oscoda County Michigan 1 $ 115,000 $ 115,000 $ 63,000
Otsego County Michigan 1 $ 115,000 $ 115,000 $ 52,000
Roscommon County Michigan 1 $ 155,000 $ 155,000 $ 157,000
St. Clair County Michigan 1 $ 115,000 $ 115,000 $ 54,000
Buncombe County North Carolina 1 $ 455,000 $ 455,000 $ 175,000
Gaston County North Carolina 1 $ 475,000 $ 475,000 $ 161,000
Dickson County Tennessee 1 $ 225,000 $ 225,000 $ 61,000
Guadalupe County Texas 1 $ 345,000 $ 345,000 $ 119,000

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 Preston Home Loans Inc 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
Home Purchase 861 $163,915,000 $190,000 $695,000 $79,000 $993,000
Refinancing 126 $22,540,000 $178,000 $625,000 $117,000 $993,000
Home Improvement 14 $2,440,000 $174,000 $415,000 $139,000 $440,000
Cash-out Refinancing 5 $1,065,000 $213,000 $305,000 $89,000 $118,000
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 842 $160,570,000 $190,000 $695,000 $87,000 $993,000
Black or African American 114 $19,010,000 $166,000 $455,000 $67,000 $180,000
Hispanic 37 $8,175,000 $220,000 $515,000 $86,000 $416,000
Asian 9 $1,575,000 $175,000 $325,000 $72,000 $250,000
American Indian or Alaskan Native 4 $630,000 $157,000 $245,000 $85,000 $153,000
Native Hawaiian or Other Pacific Islander 0 $0 $0 $0 $0 $0
Not applicable 0 $0 $0 $0 $0 $0
Not Provided 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) 537 $108,925,000 $202,000 $695,000 $106,000 $993,000
FHA-insured (Federal Housing Administration) 359 $59,265,000 $165,000 $425,000 $57,000 $157,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 62 $9,330,000 $150,000 $265,000 $60,000 $106,000
VA-guaranteed (Veterans Administration) 48 $12,440,000 $259,000 $515,000 $84,000 $171,000

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 760 $141,790,000 $186,000 $695,000 $84,000 $993,000
Application Withdrawn By Applicant 229 $44,395,000 $193,000 $635,000 $87,000 $552,000
Application Denied By Financial Institution 17 $3,775,000 $222,000 $625,000 $87,000 $269,000
Application Approved But Not Accepted 0 $0 $0 $0 $0 $0
File Closed For Incompleteness 0 $0 $0 $0 $0 $0
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 989 $186,185,000 $188,000 $695,000 $84,000 $993,000
Debt-To-Income Ratio 6 $1,680,000 $280,000 $625,000 $84,000 $269,000
Credit History 4 $810,000 $202,000 $265,000 $68,000 $77,000
Collateral 3 $615,000 $205,000 $285,000 $132,000 $262,000
Employment History 2 $470,000 $235,000 $295,000 $109,000 $139,000
Insufficient Cash (Downpayment, Closing Cost) 2 $200,000 $100,000 $125,000 $51,000 $52,000
Mortgage Insurance Denied 0 $0 $0 $0 $0 $0
Credit Application Incomplete 0 $0 $0 $0 $0 $0
Other 0 $0 $0 $0 $0 $0
Unverifiable Information 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