Preston Home Loans Inc
Mortgage Loan Application
Totals and Details
for 2023
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 2003-2023.
| 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 | 2023 2022 2021 2020 |
| Total Number of Mortgage Applications | 1,196 |
| Total Mortgage Loan Application Amount | $228,650,000 |
| Average Mortgage Loan Application Amount | $175,000 |
| Highest Mortgage Loan Application Amount | $725,000 |
| Average Applicant Income | $91,000 |
| Highest Applicant Income | $799,000 |
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 |
|---|---|---|---|---|
| Genesee County Michigan | 428 | $ 71,300,000 | $ 166,000 | $ 81,000 |
| Oakland County Michigan | 125 | $ 30,465,000 | $ 243,000 | $ 124,000 |
| Shiawassee County Michigan | 72 | $ 10,850,000 | $ 150,000 | $ 61,000 |
| Wayne County Michigan | 59 | $ 9,515,000 | $ 161,000 | $ 99,000 |
| Saginaw County Michigan | 57 | $ 8,735,000 | $ 153,000 | $ 76,000 |
| Macomb County Michigan | 52 | $ 13,230,000 | $ 254,000 | $ 104,000 |
| Lapeer County Michigan | 43 | $ 9,825,000 | $ 228,000 | $ 89,000 |
| Tuscola County Michigan | 37 | $ 6,245,000 | $ 168,000 | $ 72,000 |
| Livingston County Michigan | 25 | $ 7,705,000 | $ 308,000 | $ 125,000 |
| Gratiot County Michigan | 21 | $ 2,985,000 | $ 142,000 | $ 68,000 |
| Ingham County Michigan | 18 | $ 2,980,000 | $ 165,000 | $ 66,000 |
| Montcalm County Michigan | 15 | $ 1,985,000 | $ 132,000 | $ 52,000 |
| Bay County Michigan | 14 | $ 1,530,000 | $ 109,000 | $ 59,000 |
| St. Clair County Michigan | 11 | $ 2,625,000 | $ 238,000 | $ 102,000 |
| Clare County Michigan | 10 | $ 1,940,000 | $ 194,000 | $ 92,000 |
| Washtenaw County Michigan | 10 | $ 2,530,000 | $ 253,000 | $ 118,000 |
| Kent County Michigan | 9 | $ 1,655,000 | $ 183,000 | $ 71,000 |
| Midland County Michigan | 8 | $ 1,130,000 | $ 141,000 | $ 70,000 |
| Osceola County Michigan | 8 | $ 980,000 | $ 122,000 | $ 60,000 |
| Sanilac County Michigan | 8 | $ 1,530,000 | $ 191,000 | $ 76,000 |
| Tarrant County Texas | 8 | $ 2,740,000 | $ 342,000 | $ 119,000 |
| Roscommon County Michigan | 7 | $ 755,000 | $ 107,000 | $ 92,000 |
| Iosco County Michigan | 6 | $ 930,000 | $ 155,000 | $ 126,000 |
| Mecosta County Michigan | 6 | $ 610,000 | $ 101,000 | $ 39,000 |
| Muskegon County Michigan | 6 | $ 740,000 | $ 123,000 | $ 59,000 |
| Gladwin County Michigan | 5 | $ 775,000 | $ 155,000 | $ 92,000 |
| Lake County Michigan | 5 | $ 705,000 | $ 141,000 | $ 68,000 |
| Monroe County Michigan | 5 | $ 765,000 | $ 153,000 | $ 64,000 |
| Denton County Texas | 5 | $ 2,155,000 | $ 431,000 | $ 174,000 |
| Arenac County Michigan | 4 | $ 610,000 | $ 152,000 | $ 74,000 |
| Calhoun County Michigan | 4 | $ 640,000 | $ 160,000 | $ 69,000 |
| Isabella County Michigan | 4 | $ 660,000 | $ 165,000 | $ 82,000 |
| Jackson County Michigan | 4 | $ 920,000 | $ 230,000 | $ 218,000 |
| Lenawee County Michigan | 4 | $ 820,000 | $ 205,000 | $ 109,000 |
| Ogemaw County Michigan | 4 | $ 1,080,000 | $ 270,000 | $ 166,000 |
| Ottawa County Michigan | 4 | $ 1,480,000 | $ 370,000 | $ 178,000 |
| Clinton County Michigan | 3 | $ 505,000 | $ 168,000 | $ 93,000 |
| Ionia County Michigan | 3 | $ 745,000 | $ 248,000 | $ 89,000 |
| Montmorency County Michigan | 3 | $ 345,000 | $ 115,000 | $ 141,000 |
| Newaygo County Michigan | 3 | $ 325,000 | $ 108,000 | $ 67,000 |
| Oscoda County Michigan | 3 | $ 245,000 | $ 81,000 | $ 74,000 |
| Gaston County North Carolina | 3 | $ 735,000 | $ 245,000 | $ 101,000 |
| Collin County Texas | 3 | $ 815,000 | $ 271,000 | $ 154,000 |
| Escambia County Florida | 2 | $ 740,000 | $ 370,000 | $ 261,000 |
| Hillsborough County Florida | 2 | $ 520,000 | $ 260,000 | $ 149,000 |
| Okaloosa County Florida | 2 | $ 510,000 | $ 255,000 | $ 95,000 |
| Alger County Michigan | 2 | $ 700,000 | $ 350,000 | $ 198,000 |
| Allegan County Michigan | 2 | $ 450,000 | $ 225,000 | $ 87,000 |
| Benzie County Michigan | 2 | $ 440,000 | $ 220,000 | $ 150,000 |
| Berrien County Michigan | 2 | $ 420,000 | $ 210,000 | $ 101,000 |
| Eaton County Michigan | 2 | $ 430,000 | $ 215,000 | $ 78,000 |
| St. Joseph County Michigan | 2 | $ 330,000 | $ 165,000 | $ 105,000 |
| Cabarrus County North Carolina | 2 | $ 900,000 | $ 450,000 | $ 173,000 |
| Dallas County Texas | 2 | $ 1,120,000 | $ 560,000 | $ 527,000 |
| Harris County Texas | 2 | $ 860,000 | $ 430,000 | $ 149,000 |
| Wise County Texas | 2 | $ 860,000 | $ 430,000 | $ 146,000 |
| Young County Texas | 2 | $ 360,000 | $ 180,000 | $ 72,000 |
| Brevard County Florida | 1 | $ 245,000 | $ 245,000 | $ 124,000 |
| Charlotte County Florida | 1 | $ 355,000 | $ 355,000 | $ 79,000 |
| Orange County Florida | 1 | $ 705,000 | $ 705,000 | $ 449,000 |
| Osceola County Florida | 1 | $ 385,000 | $ 385,000 | $ 109,000 |
| Palm Beach County Florida | 1 | $ 165,000 | $ 165,000 | $ 45,000 |
| Pasco County Florida | 1 | $ 95,000 | $ 95,000 | $ 58,000 |
| Putnam County Florida | 1 | $ 215,000 | $ 215,000 | $ 66,000 |
| Sarasota County Florida | 1 | $ 205,000 | $ 205,000 | $ 97,000 |
| St. Lucie County Florida | 1 | $ 195,000 | $ 195,000 | $ 57,000 |
| Walton County Florida | 1 | $ 355,000 | $ 355,000 | $ 133,000 |
| Alcona County Michigan | 1 | $ 205,000 | $ 205,000 | $ 55,000 |
| Barry County Michigan | 1 | $ 215,000 | $ 215,000 | $ 144,000 |
| Branch County Michigan | 1 | $ 105,000 | $ 105,000 | $ 62,000 |
| Crawford County Michigan | 1 | $ 145,000 | $ 145,000 | $ 33,000 |
| Emmet County Michigan | 1 | $ 315,000 | $ 315,000 | $ 143,000 |
| Hillsdale County Michigan | 1 | $ 195,000 | $ 195,000 | $ 75,000 |
| Huron County Michigan | 1 | $ 165,000 | $ 165,000 | $ 53,000 |
| Kalamazoo County Michigan | 1 | $ 435,000 | $ 435,000 | $ 155,000 |
| Marquette County Michigan | 1 | $ 145,000 | $ 145,000 | $ 85,000 |
| Oceana County Michigan | 1 | $ 165,000 | $ 165,000 | $ 66,000 |
| Otsego County Michigan | 1 | $ 115,000 | $ 115,000 | $ 83,000 |
| Wexford County Michigan | 1 | $ 295,000 | $ 295,000 | $ 117,000 |
| Columbus County North Carolina | 1 | $ 105,000 | $ 105,000 | $ 82,000 |
| Macon County North Carolina | 1 | $ 245,000 | $ 245,000 | $ 77,000 |
| Stokes County North Carolina | 1 | $ 515,000 | $ 515,000 | $ 211,000 |
| Spartanburg County South Carolina | 1 | $ 205,000 | $ 205,000 | $ 684,000 |
| York County South Carolina | 1 | $ 405,000 | $ 405,000 | $ 397,000 |
| Blount County Tennessee | 1 | $ 345,000 | $ 345,000 | $ 139,000 |
| Rutherford County Tennessee | 1 | $ 725,000 | $ 725,000 | $ 180,000 |
| Sevier County Tennessee | 1 | $ 355,000 | $ 355,000 | $ 139,000 |
| Sumner County Tennessee | 1 | $ 365,000 | $ 365,000 | $ 112,000 |
| Fannin County Texas | 1 | $ 405,000 | $ 405,000 | $ 210,000 |
| Grayson County Texas | 1 | $ 255,000 | $ 255,000 | $ 132,000 |
| Guadalupe County Texas | 1 | $ 315,000 | $ 315,000 | $ 137,000 |
| Parker County Texas | 1 | $ 365,000 | $ 365,000 | $ 132,000 |
| Wichita County Texas | 1 | $ 145,000 | $ 145,000 | $ 64,000 |
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 2023
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 | 1,123 | $216,675,000 | $192,000 | $725,000 | $91,000 | $799,000 |
| Refinancing | 53 | $8,585,000 | $161,000 | $405,000 | $119,000 | $684,000 |
| Home Improvement | 10 | $1,680,000 | $168,000 | $415,000 | $79,000 | $185,000 |
| Cash-out Refinancing | 9 | $1,525,000 | $169,000 | $265,000 | $82,000 | $128,000 |
| Not Applicable | 1 | $185,000 | $185,000 | $185,000 | $84,000 | $84,000 |
| 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 | 995 | $192,305,000 | $193,000 | $725,000 | $93,000 | $799,000 |
| Black or African American | 124 | $19,580,000 | $157,000 | $415,000 | $71,000 | $283,000 |
| Hispanic | 56 | $10,340,000 | $184,000 | $485,000 | $82,000 | $208,000 |
| Asian | 16 | $4,220,000 | $263,000 | $585,000 | $140,000 | $450,000 |
| American Indian or Alaskan Native | 4 | $1,480,000 | $370,000 | $535,000 | $184,000 | $455,000 |
| Not Provided | 1 | $725,000 | $725,000 | $725,000 | $772,000 | $772,000 |
| 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) | 648 | $128,750,000 | $198,000 | $725,000 | $107,000 | $799,000 |
| FHA-insured (Federal Housing Administration) | 464 | $82,200,000 | $177,000 | $485,000 | $73,000 | $330,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) | 46 | $7,300,000 | $158,000 | $265,000 | $66,000 | $129,000 |
| VA-guaranteed (Veterans Administration) | 38 | $10,400,000 | $273,000 | $565,000 | $94,000 | $217,000 |
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 | 849 | $162,235,000 | $191,000 | $725,000 | $92,000 | $799,000 |
| Application Withdrawn By Applicant | 326 | $62,810,000 | $192,000 | $725,000 | $93,000 | $772,000 |
| Application Denied By Financial Institution | 21 | $3,605,000 | $171,000 | $485,000 | $65,000 | $149,000 |
| 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 | 1,175 | $225,045,000 | $191,000 | $725,000 | $92,000 | $799,000 |
| Debt-To-Income Ratio | 8 | $1,560,000 | $195,000 | $485,000 | $71,000 | $149,000 |
| Insufficient Cash (Downpayment, Closing Cost) | 5 | $785,000 | $157,000 | $285,000 | $64,000 | $129,000 |
| Collateral | 3 | $635,000 | $211,000 | $335,000 | $84,000 | $117,000 |
| Employment History | 2 | $180,000 | $90,000 | $115,000 | $33,000 | $39,000 |
| Credit History | 2 | $170,000 | $85,000 | $85,000 | $30,000 | $36,000 |
| Other | 1 | $275,000 | $275,000 | $275,000 | $103,000 | $103,000 |
| Unverifiable Information | 0 | $0 | $0 | $0 | $0 | $0 |
| Mortgage Insurance Denied | 0 | $0 | $0 | $0 | $0 | $0 |
| Credit Application Incomplete | 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.