Republic Bank
Mortgage Loan Application
Totals and Details
for 2004

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 Republic Bank.
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 Republic Bank
2425 E Grand River Ave
Lansing, MI 48912
Tel #: available with data download
Federal Regulator * available with data download
Years 2006  2005  2004  2003  
Total Number of Mortgage Applications 17,242
Total Mortgage Loan Application Amount $2,566,614,000
Average Mortgage Loan Application Amount $194,750
Highest Mortgage Loan Application Amount $6,975,000
Average Applicant Income $137,958
Highest Applicant Income $2,926,000

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 Republic Bank by County in 2004

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 1,679 $ 382,080,000 $ 227,000 $ 89,000
Wayne County Michigan 1,473 $ 215,924,000 $ 146,000 $ 61,000
Genesee County Michigan 1,353 $ 177,364,000 $ 131,000 $ 59,000
Ottawa County Michigan 973 $ 140,536,000 $ 144,000 $ 56,000
Macomb County Michigan 942 $ 141,711,000 $ 150,000 $ 62,000
Muskegon County Michigan 883 $ 91,426,000 $ 103,000 $ 53,000
Marion County Indiana 699 $ 81,120,000 $ 116,000 $ 44,000
Washtenaw County Michigan 685 $ 133,341,000 $ 194,000 $ 85,000
Jackson County Michigan 651 $ 75,297,000 $ 115,000 $ 58,000
Livingston County Michigan 542 $ 89,915,000 $ 165,000 $ 61,000
Montgomery County Ohio 360 $ 33,220,000 $ 92,000 $ 61,000
Middlesex County Massachusetts 356 $ 73,065,000 $ 205,000 $ 63,000
Kent County Michigan 330 $ 52,688,000 $ 159,000 $ 94,000
Allegan County Michigan 302 $ 45,994,000 $ 152,000 $ 79,000
Hendricks County Indiana 277 $ 35,980,000 $ 129,000 $ 57,000
Grand Traverse County Michigan 270 $ 41,769,000 $ 154,000 $ 65,000
Cuyahoga County Ohio 249 $ 34,888,000 $ 140,000 $ 57,000
Hamilton County Indiana 246 $ 33,898,000 $ 137,000 $ 55,000
Shiawassee County Michigan 236 $ 25,915,000 $ 109,000 $ 47,000
Ingham County Michigan 227 $ 34,392,000 $ 151,000 $ 66,000
Newaygo County Michigan 203 $ 17,967,000 $ 88,000 $ 41,000
Kalamazoo County Michigan 190 $ 31,209,000 $ 164,000 $ 55,000
Johnson County Indiana 187 $ 21,584,000 $ 115,000 $ 44,000
Hancock County Indiana 173 $ 23,372,000 $ 135,000 $ 54,000
Tippecanoe County Indiana 171 $ 20,126,000 $ 117,000 $ 43,000
Lake County Ohio 153 $ 18,394,000 $ 120,000 $ 55,000
Howard County Indiana 146 $ 15,415,000 $ 105,000 $ 61,000
Greene County Ohio 131 $ 18,032,000 $ 137,000 $ 67,000
Marquette County Michigan 105 $ 8,151,000 $ 77,000 $ 61,000
Madison County Indiana 100 $ 11,960,000 $ 119,000 $ 45,000
Warren County Ohio 100 $ 15,583,000 $ 155,000 $ 59,000
Lapeer County Michigan 90 $ 15,811,000 $ 175,000 $ 65,000
Monroe County Michigan 77 $ 11,854,000 $ 153,000 $ 65,000
Houghton County Michigan 76 $ 4,945,000 $ 65,000 $ 52,000
St. Clair County Michigan 68 $ 10,512,000 $ 154,000 $ 79,000
Emmet County Michigan 66 $ 12,350,000 $ 187,000 $ 88,000
Leelanau County Michigan 64 $ 16,569,000 $ 258,000 $ 100,000
Benzie County Michigan 61 $ 8,437,000 $ 138,000 $ 81,000
Lenawee County Michigan 57 $ 7,895,000 $ 138,000 $ 65,000
Antrim County Michigan 56 $ 9,552,000 $ 170,000 $ 80,000
Iron County Michigan 55 $ 3,224,000 $ 58,000 $ 39,000
Saginaw County Michigan 54 $ 5,930,000 $ 109,000 $ 57,000
Geauga County Ohio 49 $ 8,308,000 $ 169,000 $ 67,000
Calhoun County Michigan 48 $ 5,749,000 $ 119,000 $ 41,000
Clinton County Michigan 45 $ 6,326,000 $ 140,000 $ 76,000
Worcester County Massachusetts 44 $ 7,571,000 $ 172,000 $ 63,000
Eaton County Michigan 42 $ 7,263,000 $ 172,000 $ 50,000
Hillsborough County New Hampshire 42 $ 7,757,000 $ 184,000 $ 72,000
Chippewa County Michigan 41 $ 3,514,000 $ 85,000 $ 74,000
Miami County Ohio 41 $ 5,138,000 $ 125,000 $ 59,000
Dickinson County Michigan 40 $ 2,109,000 $ 52,000 $ 48,000
Oceana County Michigan 40 $ 4,909,000 $ 122,000 $ 75,000
Van Buren County Michigan 39 $ 4,482,000 $ 114,000 $ 51,000
Medina County Ohio 39 $ 5,681,000 $ 145,000 $ 56,000
Tuscola County Michigan 38 $ 4,836,000 $ 127,000 $ 45,000
Morgan County Indiana 35 $ 4,285,000 $ 122,000 $ 50,000
Lorain County Ohio 32 $ 5,782,000 $ 180,000 $ 94,000
Alger County Michigan 31 $ 3,104,000 $ 100,000 $ 40,000
Clark County Ohio 30 $ 3,074,000 $ 102,000 $ 42,000
Summit County Ohio 30 $ 5,101,000 $ 170,000 $ 65,000
Gogebic County Michigan 29 $ 1,655,000 $ 57,000 $ 39,000
Hillsdale County Michigan 28 $ 3,399,000 $ 121,000 $ 67,000
Charlevoix County Michigan 26 $ 4,497,000 $ 172,000 $ 135,000
Cheboygan County Michigan 24 $ 3,196,000 $ 133,000 $ 62,000
Roscommon County Michigan 19 $ 2,583,000 $ 135,000 $ 105,000
Rockingham County New Hampshire 19 $ 3,440,000 $ 181,000 $ 78,000
Essex County Massachusetts 18 $ 3,364,000 $ 186,000 $ 75,000
Barry County Michigan 18 $ 2,388,000 $ 132,000 $ 41,000
Delta County Michigan 16 $ 946,000 $ 59,000 $ 64,000
Montcalm County Michigan 16 $ 2,023,000 $ 126,000 $ 45,000
St. Joseph County Michigan 16 $ 1,740,000 $ 108,000 $ 64,000
Kalkaska County Michigan 15 $ 2,251,000 $ 150,000 $ 69,000
Franklin County Ohio 15 $ 12,565,000 $ 837,000 $ 50,000
Baraga County Michigan 14 $ 1,005,000 $ 71,000 $ 62,000
Clare County Michigan 14 $ 1,491,000 $ 106,000 $ 73,000
Ionia County Michigan 14 $ 1,527,000 $ 109,000 $ 50,000
Shelby County Indiana 13 $ 1,360,000 $ 104,000 $ 46,000
Crawford County Michigan 13 $ 1,457,000 $ 112,000 $ 72,000
Lee County Florida 12 $ 2,530,000 $ 210,000 $ 257,000
Mecosta County Michigan 12 $ 1,587,000 $ 132,000 $ 52,000
Montmorency County Michigan 12 $ 1,399,000 $ 116,000 $ 130,000
Ontonagon County Michigan 12 $ 758,000 $ 63,000 $ 39,000
Sanilac County Michigan 12 $ 1,981,000 $ 165,000 $ 54,000
Ottawa County Ohio 12 $ 1,747,000 $ 145,000 $ 78,000
Boone County Indiana 11 $ 2,798,000 $ 254,000 $ 97,000
Berrien County Michigan 11 $ 1,759,000 $ 159,000 $ 99,000
Iosco County Michigan 11 $ 1,443,000 $ 131,000 $ 82,000
Lake County Michigan 11 $ 759,000 $ 69,000 $ 75,000
Ashtabula County Ohio 11 $ 1,072,000 $ 97,000 $ 50,000
Broward County Florida 10 $ 2,468,000 $ 246,000 $ 126,000
Alcona County Michigan 10 $ 1,226,000 $ 122,000 $ 71,000
Keweenaw County Michigan 10 $ 724,000 $ 72,000 $ 141,000
Ogemaw County Michigan 10 $ 1,504,000 $ 150,000 $ 93,000
Wexford County Michigan 10 $ 1,093,000 $ 109,000 $ 69,000
Hamilton County Ohio 10 $ 1,216,000 $ 121,000 $ 125,000
Iron County Wisconsin 10 $ 403,000 $ 40,000 $ 34,000
Pinellas County Florida 9 $ 1,283,000 $ 142,000 $ 102,000
Otsego County Michigan 9 $ 1,081,000 $ 120,000 $ 91,000
Butler County Ohio 9 $ 1,092,000 $ 121,000 $ 55,000
Collier County Florida 8 $ 1,851,000 $ 231,000 $ 89,000
Arenac County Michigan 8 $ 1,581,000 $ 197,000 $ 81,000
Cass County Michigan 8 $ 1,164,000 $ 145,000 $ 74,000
Gladwin County Michigan 8 $ 1,484,000 $ 185,000 $ 99,000
Preble County Ohio 8 $ 950,000 $ 118,000 $ 44,000
Palm Beach County Florida 7 $ 781,000 $ 111,000 $ 135,000
Branch County Michigan 7 $ 1,092,000 $ 156,000 $ 88,000
Clinton County Ohio 7 $ 445,000 $ 63,000 $ 51,000
Licking County Ohio 7 $ 2,449,000 $ 349,000 $ 66,000
Lucas County Ohio 7 $ 872,000 $ 124,000 $ 57,000
Portage County Ohio 7 $ 1,091,000 $ 155,000 $ 62,000
Martin County Florida 6 $ 1,351,000 $ 225,000 $ 200,000
Miami County Indiana 6 $ 602,000 $ 100,000 $ 47,000
Mackinac County Michigan 6 $ 760,000 $ 126,000 $ 49,000
Manistee County Michigan 6 $ 2,060,000 $ 343,000 $ 103,000
Mason County Michigan 6 $ 898,000 $ 149,000 $ 91,000
Carroll County New Hampshire 6 $ 1,017,000 $ 169,000 $ 114,000
Stark County Ohio 6 $ 522,000 $ 87,000 $ 60,000
Monroe County Florida 5 $ 3,181,000 $ 636,000 $ 183,000
Cass County Indiana 5 $ 525,000 $ 105,000 $ 43,000
Alpena County Michigan 5 $ 667,000 $ 133,000 $ 79,000
Huron County Michigan 5 $ 400,000 $ 80,000 $ 92,000
Isabella County Michigan 5 $ 540,000 $ 108,000 $ 389,000
Delaware County Ohio 5 $ 1,145,000 $ 229,000 $ 82,000
Manatee County Florida 4 $ 575,000 $ 143,000 $ 85,000
St. Johns County Florida 4 $ 480,000 $ 120,000 $ 86,000
St. Lucie County Florida 4 $ 654,000 $ 163,000 $ 108,000
Volusia County Florida 4 $ 353,000 $ 88,000 $ 80,000
Rush County Indiana 4 $ 628,000 $ 157,000 $ 81,000
Tipton County Indiana 4 $ 428,000 $ 107,000 $ 44,000
Bay County Michigan 4 $ 356,000 $ 89,000 $ 55,000
Menominee County Michigan 4 $ 185,000 $ 46,000 $ 47,000
Midland County Michigan 4 $ 549,000 $ 137,000 $ 42,000
Osceola County Michigan 4 $ 180,000 $ 45,000 $ 62,000
Presque Isle County Michigan 4 $ 407,000 $ 101,000 $ 29,000
Florence County Wisconsin 4 $ 363,000 $ 90,000 $ 157,000
Maricopa County Arizona 3 $ 877,000 $ 292,000 $ 263,000
Charlotte County Florida 3 $ 250,000 $ 83,000 $ 104,000
Hillsborough County Florida 3 $ 505,000 $ 168,000 $ 130,000
Lake County Florida 3 $ 545,000 $ 181,000 $ 74,000
Pasco County Florida 3 $ 392,000 $ 130,000 $ 141,000
Sarasota County Florida 3 $ 893,000 $ 297,000 $ 155,000
Kosciusko County Indiana 3 $ 503,000 $ 167,000 $ 98,000
Monroe County Indiana 3 $ 354,000 $ 118,000 $ 107,000
Suffolk County Massachusetts 3 $ 1,085,000 $ 361,000 $ 60,000
Clermont County Ohio 3 $ 280,000 $ 93,000 $ 57,000
Richland County Ohio 3 $ 2,300,000 $ 766,000 $ 45,000
Wayne County Ohio 3 $ 257,000 $ 85,000 $ 44,000
Claiborne County Tennessee 3 $ 614,000 $ 204,000 $ 66,000
Forest County Wisconsin 3 $ 178,000 $ 59,000 $ 13,000
Marinette County Wisconsin 3 $ 101,000 $ 33,000 $ 15,000
Eagle County Colorado 2 $ 1,650,000 $ 825,000 $ 1,081,000
Fairfield County Connecticut 2 $ 323,000 $ 161,000 $ 56,000
Hartford County Connecticut 2 $ 141,000 $ 70,000 $ 58,000
New Haven County Connecticut 2 $ 244,000 $ 122,000 $ 53,000
Brevard County Florida 2 $ 283,000 $ 141,000 $ 73,000
Okaloosa County Florida 2 $ 255,000 $ 127,000 $ 53,000
Orange County Florida 2 $ 454,000 $ 227,000 $ 145,000
Osceola County Florida 2 $ 232,000 $ 116,000 $ 57,000
Seminole County Florida 2 $ 346,000 $ 173,000 $ 68,000
Sumter County Florida 2 $ 226,000 $ 113,000 $ 66,000
Walton County Florida 2 $ 314,000 $ 157,000 $ 157,000
Cook County Illinois 2 $ 504,000 $ 252,000 $ 309,000
Will County Illinois 2 $ 796,000 $ 398,000 $ 283,000
Allen County Indiana 2 $ 335,000 $ 167,000 $ 70,000
Clinton County Indiana 2 $ 212,000 $ 106,000 $ 53,000
Elkhart County Indiana 2 $ 69,000 $ 34,000 $ 40,000
Steuben County Indiana 2 $ 686,000 $ 343,000 $ 47,000
Hampden County Massachusetts 2 $ 266,000 $ 133,000 $ 87,000
Norfolk County Massachusetts 2 $ 586,000 $ 293,000 $ 64,000
Plymouth County Massachusetts 2 $ 426,000 $ 213,000 $ 71,000
Gratiot County Michigan 2 $ 243,000 $ 121,000 $ 43,000
Oscoda County Michigan 2 $ 121,000 $ 60,000 $ 85,000
Schoolcraft County Michigan 2 $ 67,000 $ 33,000 $ 11,000
St. Louis County Missouri 2 $ 275,000 $ 137,000 $ 95,000
St. Louis City County Missouri 2 $ 499,000 $ 249,000 $ 110,000
Belknap County New Hampshire 2 $ 284,000 $ 142,000 $ 96,000
Ashland County Ohio 2 $ 6,232,000 $ 3,116,000 $ 28,000
Darke County Ohio 2 $ 312,000 $ 156,000 $ 40,000
Erie County Ohio 2 $ 177,000 $ 88,000 $ 49,000
Hancock County Ohio 2 $ 84,000 $ 42,000 $ 115,000
Hocking County Ohio 2 $ 219,000 $ 109,000 $ 100,000
Knox County Ohio 2 $ 129,000 $ 64,000 $ 67,000
Logan County Ohio 2 $ 7,052,000 $ 3,526,000 $ 61,000
Mercer County Ohio 2 $ 144,000 $ 72,000 $ 44,000
Trumbull County Ohio 2 $ 127,000 $ 63,000 $ 33,000
Campbell County Tennessee 2 $ 144,000 $ 72,000 $ 236,000
Sevier County Tennessee 2 $ 261,000 $ 130,000 $ 102,000
Williamson County Tennessee 2 $ 623,000 $ 311,000 $ 86,000
Milwaukee County Wisconsin 2 $ 220,000 $ 110,000 $ 86,000
Baldwin County Alabama 1 $ 134,000 $ 134,000 $ 113,000
Montgomery County Alabama 1 $ 217,000 $ 217,000 $ 102,000
Pima County Arizona 1 $ 113,000 $ 113,000 $ 49,000
Pinal County Arizona 1 $ 104,000 $ 104,000 $ 241,000
Clear Creek County Colorado 1 $ 334,000 $ 334,000 $ 72,000
Summit County Colorado 1 $ 260,000 $ 260,000 $ 704,000
Litchfield County Connecticut 1 $ 175,000 $ 175,000 $ 31,000
Bay County Florida 1 $ 240,000 $ 240,000 $ 185,000
Duval County Florida 1 $ 162,000 $ 162,000 $ 96,000
Indian River County Florida 1 $ 1,000,000 $ 1,000,000 $ 0
Nassau County Florida 1 $ 140,000 $ 140,000 $ 111,000
Santa Rosa County Florida 1 $ 304,000 $ 304,000 $ 72,000
Iroquois County Illinois 1 $ 149,000 $ 149,000 $ 87,000
Jo Daviess County Illinois 1 $ 68,000 $ 68,000 $ 104,000
Monroe County Illinois 1 $ 183,000 $ 183,000 $ 55,000
St. Clair County Illinois 1 $ 304,000 $ 304,000 $ 133,000
Bartholomew County Indiana 1 $ 94,000 $ 94,000 $ 26,000
Delaware County Indiana 1 $ 220,000 $ 220,000 $ 104,000
Henry County Indiana 1 $ 284,000 $ 284,000 $ 83,000
Jackson County Indiana 1 $ 58,000 $ 58,000 $ 25,000
Lake County Indiana 1 $ 54,000 $ 54,000 $ 41,000
Lawrence County Indiana 1 $ 55,000 $ 55,000 $ 11,000
Ohio County Indiana 1 $ 43,000 $ 43,000 $ 88,000
Putnam County Indiana 1 $ 109,000 $ 109,000 $ 56,000
Randolph County Indiana 1 $ 113,000 $ 113,000 $ 32,000
Whitley County Indiana 1 $ 1,095,000 $ 1,095,000 $ 0
Muscatine County Iowa 1 $ 47,000 $ 47,000 $ 33,000
Hardin County Kentucky 1 $ 297,000 $ 297,000 $ 82,000
Jefferson County Kentucky 1 $ 193,000 $ 193,000 $ 60,000
Kenton County Kentucky 1 $ 116,000 $ 116,000 $ 77,000
Powell County Kentucky 1 $ 95,000 $ 95,000 $ 103,000
Wayne County Kentucky 1 $ 92,000 $ 92,000 $ 51,000
Cumberland County Maine 1 $ 74,000 $ 74,000 $ 51,000
Barnstable County Massachusetts 1 $ 193,000 $ 193,000 $ 138,000
Nantucket County Massachusetts 1 $ 414,000 $ 414,000 $ 250,000
Luce County Michigan 1 $ 50,000 $ 50,000 $ 30,000
Missaukee County Michigan 1 $ 200,000 $ 200,000 $ 116,000
Beaverhead County Montana 1 $ 68,000 $ 68,000 $ 70,000
Cheshire County New Hampshire 1 $ 154,000 $ 154,000 $ 48,000
Strafford County New Hampshire 1 $ 50,000 $ 50,000 $ 86,000
Chautauqua County New York 1 $ 548,000 $ 548,000 $ 0
New York County New York 1 $ 75,000 $ 75,000 $ 42,000
Chatham County North Carolina 1 $ 50,000 $ 50,000 $ 22,000
Dare County North Carolina 1 $ 480,000 $ 480,000 $ 210,000
Polk County North Carolina 1 $ 115,000 $ 115,000 $ 115,000
Adams County Ohio 1 $ 108,000 $ 108,000 $ 77,000
Auglaize County Ohio 1 $ 74,000 $ 74,000 $ 45,000
Carroll County Ohio 1 $ 140,000 $ 140,000 $ 56,000
Coshocton County Ohio 1 $ 69,000 $ 69,000 $ 29,000
Fairfield County Ohio 1 $ 140,000 $ 140,000 $ 45,000
Fulton County Ohio 1 $ 68,000 $ 68,000 $ 26,000
Marion County Ohio 1 $ 82,000 $ 82,000 $ 63,000
Pickaway County Ohio 1 $ 99,000 $ 99,000 $ 73,000
Shelby County Ohio 1 $ 167,000 $ 167,000 $ 33,000
Van Wert County Ohio 1 $ 97,000 $ 97,000 $ 44,000
Deschutes County Oregon 1 $ 308,000 $ 308,000 $ 79,000
Franklin County Pennsylvania 1 $ 257,000 $ 257,000 $ 100,000
Luzerne County Pennsylvania 1 $ 82,000 $ 82,000 $ 49,000
Beaufort County South Carolina 1 $ 600,000 $ 600,000 $ 375,000
Charleston County South Carolina 1 $ 283,000 $ 283,000 $ 450,000
Horry County South Carolina 1 $ 135,000 $ 135,000 $ 256,000
Maury County Tennessee 1 $ 194,000 $ 194,000 $ 96,000
Rutherford County Tennessee 1 $ 100,000 $ 100,000 $ 34,000
Tarrant County Texas 1 $ 133,000 $ 133,000 $ 75,000
Arlington County Virginia 1 $ 980,000 $ 980,000 $ 638,000
Charlottesville County Virginia 1 $ 180,000 $ 180,000 $ 276,000
Kitsap County Washington 1 $ 300,000 $ 300,000 $ 550,000
Ashland County Wisconsin 1 $ 26,000 $ 26,000 $ 37,000
Pierce County Wisconsin 1 $ 185,000 $ 185,000 $ 36,000
Waukesha County Wisconsin 1 $ 118,000 $ 118,000 $ 29,000

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 Republic Bank in 2004

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 10,940 $1,585,972,000 $227,576 $6,975,000 $176,500 $2,926,000
Refinancing 5,755 $920,466,000 $180,533 $5,750,000 $111,666 $1,863,000
Home Improvement 547 $60,176,000 $103,285 $2,150,000 $51,142 $658,000

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 15,164 $2,213,547,000 $225,461 $2,919,000 $153,038 $2,926,000
Black or African American 927 $123,176,000 $158,444 $1,000,000 $94,000 $456,000
Hispanic 381 $52,747,000 $137,571 $840,000 $54,142 $598,000
Not Provided 296 $43,761,000 $171,333 $1,546,000 $86,166 $2,031,000
Asian 240 $44,181,000 $148,714 $1,080,000 $72,142 $542,000
Not applicable 131 $72,625,000 $868,666 $6,975,000 $44,333 $711,000
American Indian or Alaskan Native 69 $10,207,000 $134,200 $542,000 $75,200 $423,000
Native Hawaiian or Other Pacific Islander 34 $6,370,000 $178,833 $1,000,000 $65,666 $192,000

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) 14,627 $2,252,723,000 $207,555 $6,975,000 $150,000 $2,926,000
FHA-insured (Federal Housing Administration) 2,327 $277,486,000 $150,166 $374,000 $46,333 $328,000
VA-guaranteed (Veterans Administration) 223 $30,558,000 $151,200 $249,000 $51,600 $163,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 65 $5,847,000 $81,500 $170,000 $29,000 $55,000

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 13,445 $2,023,146,000 $219,840 $6,975,000 $136,880 $2,926,000
Application Withdrawn By Applicant 1,653 $237,893,000 $128,300 $1,600,000 $99,900 $2,031,000
Application Denied By Financial Institution 1,247 $186,432,000 $205,750 $1,500,000 $119,083 $957,000
Preapproval Denied by Financial Institution 474 $59,891,000 $126,000 $650,000 $45,000 $351,000
Application Approved But Not Accepted 233 $31,238,000 $120,333 $650,000 $62,166 $237,000
File Closed For Incompleteness 180 $27,040,000 $167,800 $1,000,000 $54,400 $711,000
Loan Purchased By The Institution 10 $974,000 $86,500 $221,000 $0 $0
Preapproval Approved but not Accepted 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
Credit Application Incomplete 1,342 $199,951,000 $199,692 $1,500,000 $114,153 $680,000
Credit History 160 $17,701,000 $148,000 $880,000 $69,666 $190,000
Debt-To-Income Ratio 104 $15,062,000 $140,833 $1,115,000 $36,500 $250,000
Other 48 $5,949,000 $138,400 $330,000 $79,600 $957,000
Collateral 30 $3,439,000 $212,000 $438,000 $78,000 $253,000
Unverifiable Information 10 $858,000 $77,666 $132,000 $27,333 $41,000
Employment History 10 $1,386,000 $133,500 $362,000 $44,500 $117,000
Insufficient Cash (Downpayment, Closing Cost) 8 $773,000 $100,500 $176,000 $46,000 $99,000
Mortgage Insurance Denied 1 $129,000 $129,000 $129,000 $32,000 $32,000

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