Republic Bank
Mortgage Loan Application
Totals and Details
for 2005

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 15,415
Total Mortgage Loan Application Amount $2,246,902,000
Average Mortgage Loan Application Amount $167,790
Highest Mortgage Loan Application Amount $19,000,000
Average Applicant Income $113,162
Highest Applicant Income $5,004,000

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 2005

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 1,370 $ 273,978,000 $ 199,000 $ 86,000
Wayne County Michigan 1,285 $ 185,992,000 $ 144,000 $ 60,000
Genesee County Michigan 1,067 $ 138,993,000 $ 130,000 $ 61,000
Muskegon County Michigan 920 $ 94,857,000 $ 103,000 $ 49,000
Ottawa County Michigan 807 $ 105,013,000 $ 130,000 $ 54,000
Macomb County Michigan 660 $ 100,023,000 $ 151,000 $ 60,000
Washtenaw County Michigan 644 $ 124,910,000 $ 193,000 $ 76,000
Marion County Indiana 602 $ 68,859,000 $ 114,000 $ 47,000
Livingston County Michigan 528 $ 84,042,000 $ 159,000 $ 68,000
Jackson County Michigan 356 $ 41,113,000 $ 115,000 $ 60,000
Hamilton County Indiana 292 $ 37,358,000 $ 127,000 $ 69,000
Kent County Michigan 281 $ 40,513,000 $ 144,000 $ 73,000
Johnson County Indiana 276 $ 32,840,000 $ 118,000 $ 47,000
Ingham County Michigan 264 $ 51,803,000 $ 196,000 $ 51,000
Middlesex County Massachusetts 257 $ 55,924,000 $ 217,000 $ 61,000
Shiawassee County Michigan 249 $ 29,682,000 $ 119,000 $ 51,000
Grand Traverse County Michigan 242 $ 42,829,000 $ 176,000 $ 63,000
Montgomery County Ohio 237 $ 24,817,000 $ 104,000 $ 67,000
Hendricks County Indiana 226 $ 29,881,000 $ 132,000 $ 53,000
Allegan County Michigan 211 $ 32,046,000 $ 151,000 $ 67,000
Kalamazoo County Michigan 190 $ 24,424,000 $ 128,000 $ 51,000
Howard County Indiana 169 $ 16,062,000 $ 95,000 $ 72,000
Newaygo County Michigan 167 $ 14,564,000 $ 87,000 $ 50,000
Hancock County Indiana 160 $ 21,840,000 $ 136,000 $ 58,000
Cuyahoga County Ohio 159 $ 39,074,000 $ 245,000 $ 86,000
Greene County Ohio 137 $ 18,104,000 $ 132,000 $ 61,000
Tippecanoe County Indiana 133 $ 15,618,000 $ 117,000 $ 46,000
Houghton County Michigan 123 $ 6,991,000 $ 56,000 $ 47,000
Lake County Ohio 122 $ 17,094,000 $ 140,000 $ 47,000
Marquette County Michigan 120 $ 8,231,000 $ 68,000 $ 53,000
Monroe County Michigan 100 $ 13,449,000 $ 134,000 $ 58,000
Iron County Michigan 97 $ 7,721,000 $ 79,000 $ 49,000
Lapeer County Michigan 92 $ 15,283,000 $ 166,000 $ 72,000
Madison County Indiana 86 $ 10,311,000 $ 119,000 $ 41,000
Warren County Ohio 83 $ 14,130,000 $ 170,000 $ 66,000
Leelanau County Michigan 69 $ 17,536,000 $ 254,000 $ 91,000
Emmet County Michigan 66 $ 10,975,000 $ 166,000 $ 76,000
Eaton County Michigan 61 $ 8,424,000 $ 138,000 $ 61,000
Lenawee County Michigan 61 $ 7,786,000 $ 127,000 $ 75,000
Alger County Michigan 57 $ 3,236,000 $ 56,000 $ 49,000
Saginaw County Michigan 55 $ 5,488,000 $ 99,000 $ 56,000
St. Clair County Michigan 55 $ 9,152,000 $ 166,000 $ 55,000
Geauga County Ohio 55 $ 7,512,000 $ 136,000 $ 72,000
Clinton County Michigan 54 $ 9,385,000 $ 173,000 $ 68,000
Dickinson County Michigan 50 $ 3,162,000 $ 63,000 $ 53,000
Morgan County Indiana 47 $ 6,383,000 $ 135,000 $ 50,000
Antrim County Michigan 42 $ 8,804,000 $ 209,000 $ 103,000
Oceana County Michigan 41 $ 4,383,000 $ 106,000 $ 52,000
Chippewa County Michigan 40 $ 3,455,000 $ 86,000 $ 63,000
Calhoun County Michigan 39 $ 4,547,000 $ 116,000 $ 43,000
Van Buren County Michigan 37 $ 3,937,000 $ 106,000 $ 69,000
Medina County Ohio 37 $ 4,852,000 $ 131,000 $ 85,000
Summit County Ohio 36 $ 5,780,000 $ 160,000 $ 77,000
Worcester County Massachusetts 34 $ 6,674,000 $ 196,000 $ 61,000
Delta County Michigan 34 $ 3,194,000 $ 93,000 $ 52,000
Shelby County Indiana 31 $ 3,909,000 $ 126,000 $ 61,000
Benzie County Michigan 31 $ 3,825,000 $ 123,000 $ 80,000
Hillsborough County New Hampshire 31 $ 5,443,000 $ 175,000 $ 62,000
Charlevoix County Michigan 30 $ 7,180,000 $ 239,000 $ 54,000
Barry County Michigan 27 $ 3,034,000 $ 112,000 $ 40,000
Tuscola County Michigan 25 $ 2,538,000 $ 101,000 $ 50,000
Gogebic County Michigan 24 $ 1,242,000 $ 51,000 $ 48,000
Essex County Massachusetts 21 $ 4,957,000 $ 236,000 $ 80,000
Lee County Florida 20 $ 5,032,000 $ 251,000 $ 170,000
Gladwin County Michigan 20 $ 3,684,000 $ 184,000 $ 88,000
Baraga County Michigan 19 $ 1,512,000 $ 79,000 $ 52,000
Hillsdale County Michigan 18 $ 1,901,000 $ 105,000 $ 76,000
Mackinac County Michigan 18 $ 2,713,000 $ 150,000 $ 97,000
Kalkaska County Michigan 17 $ 2,568,000 $ 151,000 $ 54,000
Keweenaw County Michigan 16 $ 1,478,000 $ 92,000 $ 59,000
Mecosta County Michigan 16 $ 2,983,000 $ 186,000 $ 75,000
Roscommon County Michigan 16 $ 2,081,000 $ 130,000 $ 85,000
Ottawa County Ohio 16 $ 3,320,000 $ 207,000 $ 120,000
Ionia County Michigan 15 $ 1,686,000 $ 112,000 $ 52,000
Ontonagon County Michigan 15 $ 1,049,000 $ 69,000 $ 68,000
Lorain County Ohio 15 $ 2,504,000 $ 166,000 $ 74,000
Ashtabula County Ohio 14 $ 1,476,000 $ 105,000 $ 52,000
Butler County Ohio 14 $ 2,102,000 $ 150,000 $ 58,000
Clark County Ohio 14 $ 2,174,000 $ 155,000 $ 78,000
Franklin County Ohio 14 $ 12,574,000 $ 898,000 $ 54,000
Collier County Florida 13 $ 5,411,000 $ 416,000 $ 197,000
Palm Beach County Florida 12 $ 2,985,000 $ 248,000 $ 107,000
Iosco County Michigan 12 $ 1,281,000 $ 106,000 $ 79,000
Montcalm County Michigan 12 $ 1,453,000 $ 121,000 $ 41,000
Cheboygan County Michigan 11 $ 1,170,000 $ 106,000 $ 74,000
St. Joseph County Michigan 11 $ 1,070,000 $ 97,000 $ 45,000
Crawford County Michigan 10 $ 1,206,000 $ 120,000 $ 143,000
Menominee County Michigan 10 $ 472,000 $ 47,000 $ 40,000
Sanilac County Michigan 10 $ 1,420,000 $ 142,000 $ 77,000
Rockingham County New Hampshire 10 $ 1,986,000 $ 198,000 $ 73,000
Lucas County Ohio 10 $ 825,000 $ 82,000 $ 64,000
Monroe County Florida 9 $ 6,175,000 $ 686,000 $ 203,000
Bay County Michigan 9 $ 810,000 $ 90,000 $ 40,000
Berrien County Michigan 9 $ 1,976,000 $ 219,000 $ 64,000
Manatee County Florida 8 $ 1,765,000 $ 220,000 $ 77,000
Cook County Illinois 8 $ 2,221,000 $ 277,000 $ 739,000
Elkhart County Indiana 8 $ 943,000 $ 117,000 $ 72,000
Tipton County Indiana 8 $ 946,000 $ 118,000 $ 51,000
Mason County Michigan 8 $ 1,051,000 $ 131,000 $ 118,000
Osceola County Michigan 8 $ 869,000 $ 108,000 $ 55,000
Otsego County Michigan 8 $ 776,000 $ 97,000 $ 89,000
Presque Isle County Michigan 8 $ 1,961,000 $ 245,000 $ 115,000
Wexford County Michigan 8 $ 919,000 $ 114,000 $ 69,000
Hillsborough County Florida 7 $ 1,014,000 $ 144,000 $ 74,000
Sarasota County Florida 7 $ 1,380,000 $ 197,000 $ 70,000
Brown County Indiana 7 $ 625,000 $ 89,000 $ 58,000
Clare County Michigan 7 $ 710,000 $ 101,000 $ 177,000
Lake County Michigan 7 $ 1,059,000 $ 151,000 $ 77,000
Manistee County Michigan 7 $ 852,000 $ 121,000 $ 60,000
Portage County Ohio 7 $ 1,352,000 $ 193,000 $ 78,000
Maricopa County Arizona 6 $ 1,024,000 $ 170,000 $ 113,000
Broward County Florida 6 $ 1,177,000 $ 196,000 $ 206,000
Osceola County Florida 6 $ 1,201,000 $ 200,000 $ 152,000
Boone County Indiana 6 $ 1,031,000 $ 171,000 $ 88,000
Alcona County Michigan 6 $ 1,079,000 $ 179,000 $ 281,000
Arenac County Michigan 6 $ 477,000 $ 79,000 $ 62,000
Cass County Michigan 6 $ 811,000 $ 135,000 $ 73,000
Montmorency County Michigan 6 $ 777,000 $ 129,000 $ 187,000
Miami County Ohio 6 $ 748,000 $ 124,000 $ 66,000
Campbell County Tennessee 6 $ 1,242,000 $ 207,000 $ 137,000
Florence County Wisconsin 6 $ 539,000 $ 89,000 $ 95,000
Iron County Wisconsin 6 $ 187,000 $ 31,000 $ 44,000
Fairfield County Connecticut 5 $ 1,666,000 $ 333,000 $ 90,000
Charlotte County Florida 5 $ 710,000 $ 142,000 $ 172,000
Miami-Dade County Florida 5 $ 2,485,000 $ 497,000 $ 286,000
Orange County Florida 5 $ 1,613,000 $ 322,000 $ 121,000
Pasco County Florida 5 $ 602,000 $ 120,000 $ 75,000
Pinellas County Florida 5 $ 959,000 $ 191,000 $ 115,000
Miami County Indiana 5 $ 657,000 $ 131,000 $ 43,000
Gratiot County Michigan 5 $ 339,000 $ 67,000 $ 52,000
Huron County Michigan 5 $ 593,000 $ 118,000 $ 111,000
Schoolcraft County Michigan 5 $ 305,000 $ 61,000 $ 36,000
Clinton County Ohio 5 $ 731,000 $ 146,000 $ 59,000
Hamilton County Ohio 5 $ 471,000 $ 94,000 $ 45,000
Horry County South Carolina 5 $ 473,000 $ 94,000 $ 144,000
Brevard County Florida 4 $ 388,000 $ 97,000 $ 46,000
Escambia County Florida 4 $ 2,842,000 $ 710,000 $ 365,000
Lake County Florida 4 $ 613,000 $ 153,000 $ 27,000
Sumter County Florida 4 $ 819,000 $ 204,000 $ 37,000
Plymouth County Massachusetts 4 $ 1,455,000 $ 363,000 $ 240,000
Ogemaw County Michigan 4 $ 795,000 $ 198,000 $ 64,000
Oscoda County Michigan 4 $ 403,000 $ 100,000 $ 107,000
New Haven County Connecticut 3 $ 290,000 $ 96,000 $ 43,000
Duval County Florida 3 $ 813,000 $ 271,000 $ 224,000
St. Johns County Florida 3 $ 596,000 $ 198,000 $ 74,000
Allen County Indiana 3 $ 437,000 $ 145,000 $ 80,000
Cass County Indiana 3 $ 385,000 $ 128,000 $ 63,000
Delaware County Indiana 3 $ 261,000 $ 87,000 $ 95,000
Putnam County Indiana 3 $ 389,000 $ 129,000 $ 48,000
Alpena County Michigan 3 $ 283,000 $ 94,000 $ 90,000
Branch County Michigan 3 $ 312,000 $ 104,000 $ 53,000
Midland County Michigan 3 $ 483,000 $ 161,000 $ 60,000
Cheshire County New Hampshire 3 $ 398,000 $ 132,000 $ 39,000
Preble County Ohio 3 $ 232,000 $ 77,000 $ 49,000
Stark County Ohio 3 $ 297,000 $ 99,000 $ 74,000
Wayne County Ohio 3 $ 398,000 $ 132,000 $ 73,000
Pima County Arizona 2 $ 403,000 $ 201,000 $ 86,000
Pinal County Arizona 2 $ 341,000 $ 170,000 $ 133,000
Hartford County Connecticut 2 $ 414,000 $ 207,000 $ 70,000
Indian River County Florida 2 $ 341,000 $ 170,000 $ 53,000
St. Lucie County Florida 2 $ 533,000 $ 266,000 $ 41,000
Volusia County Florida 2 $ 614,000 $ 307,000 $ 155,000
McHenry County Illinois 2 $ 527,000 $ 263,000 $ 99,000
St. Clair County Illinois 2 $ 722,000 $ 361,000 $ 137,000
Decatur County Indiana 2 $ 337,000 $ 168,000 $ 57,000
Lake County Indiana 2 $ 158,000 $ 79,000 $ 76,000
Monroe County Indiana 2 $ 252,000 $ 126,000 $ 113,000
Steuben County Indiana 2 $ 254,000 $ 127,000 $ 115,000
Wabash County Indiana 2 $ 159,000 $ 79,000 $ 47,000
Wayne County Indiana 2 $ 117,000 $ 58,000 $ 85,000
York County Maine 2 $ 305,000 $ 152,000 $ 40,000
Missaukee County Michigan 2 $ 204,000 $ 102,000 $ 74,000
Belknap County New Hampshire 2 $ 416,000 $ 208,000 $ 82,000
Mecklenburg County North Carolina 2 $ 594,000 $ 297,000 $ 116,000
Delaware County Ohio 2 $ 1,537,000 $ 768,000 $ 75,000
Erie County Ohio 2 $ 234,000 $ 117,000 $ 52,000
Mahoning County Ohio 2 $ 566,000 $ 283,000 $ 17,000
Morrow County Ohio 2 $ 249,000 $ 124,000 $ 108,000
Wood County Ohio 2 $ 425,000 $ 212,000 $ 69,000
Providence County Rhode Island 2 $ 203,000 $ 101,000 $ 51,000
Sevier County Tennessee 2 $ 385,000 $ 192,000 $ 72,000
Shelby County Tennessee 2 $ 517,000 $ 258,000 $ 190,000
Bayfield County Wisconsin 2 $ 487,000 $ 243,000 $ 146,000
Oneida County Wisconsin 2 $ 104,000 $ 52,000 $ 70,000
Coosa County Alabama 1 $ 91,000 $ 91,000 $ 63,000
Lauderdale County Alabama 1 $ 46,000 $ 46,000 $ 33,000
Yavapai County Arizona 1 $ 248,000 $ 248,000 $ 69,000
Eagle County Colorado 1 $ 329,000 $ 329,000 $ 1,153,000
Larimer County Colorado 1 $ 111,000 $ 111,000 $ 38,000
Routt County Colorado 1 $ 235,000 $ 235,000 $ 161,000
Alachua County Florida 1 $ 112,000 $ 112,000 $ 35,000
Citrus County Florida 1 $ 200,000 $ 200,000 $ 137,000
Columbia County Florida 1 $ 149,000 $ 149,000 $ 45,000
Flagler County Florida 1 $ 80,000 $ 80,000 $ 86,000
Marion County Florida 1 $ 153,000 $ 153,000 $ 54,000
Martin County Florida 1 $ 137,000 $ 137,000 $ 26,000
Okaloosa County Florida 1 $ 440,000 $ 440,000 $ 190,000
Polk County Florida 1 $ 126,000 $ 126,000 $ 78,000
Seminole County Florida 1 $ 244,000 $ 244,000 $ 54,000
DuPage County Illinois 1 $ 102,000 $ 102,000 $ 244,000
Lake County Illinois 1 $ 500,000 $ 500,000 $ 134,000
LaSalle County Illinois 1 $ 145,000 $ 145,000 $ 56,000
Carroll County Indiana 1 $ 136,000 $ 136,000 $ 59,000
Grant County Indiana 1 $ 127,000 $ 127,000 $ 65,000
Harrison County Indiana 1 $ 91,000 $ 91,000 $ 38,000
Henry County Indiana 1 $ 115,000 $ 115,000 $ 42,000
Huntington County Indiana 1 $ 75,000 $ 75,000 $ 32,000
Kosciusko County Indiana 1 $ 34,000 $ 34,000 $ 81,000
Montgomery County Indiana 1 $ 78,000 $ 78,000 $ 28,000
Noble County Indiana 1 $ 153,000 $ 153,000 $ 63,000
Porter County Indiana 1 $ 260,000 $ 260,000 $ 136,000
Rush County Indiana 1 $ 112,000 $ 112,000 $ 34,000
Spencer County Indiana 1 $ 184,000 $ 184,000 $ 123,000
St. Joseph County Indiana 1 $ 82,000 $ 82,000 $ 63,000
Wells County Indiana 1 $ 142,000 $ 142,000 $ 50,000
White County Indiana 1 $ 81,000 $ 81,000 $ 29,000
Whitley County Indiana 1 $ 172,000 $ 172,000 $ 32,000
Sioux County Iowa 1 $ 10,000 $ 10,000 $ 93,000
Bullitt County Kentucky 1 $ 149,000 $ 149,000 $ 52,000
Jessamine County Kentucky 1 $ 196,000 $ 196,000 $ 101,000
Barnstable County Massachusetts 1 $ 250,000 $ 250,000 $ 29,000
Norfolk County Massachusetts 1 $ 350,000 $ 350,000 $ 58,000
Suffolk County Massachusetts 1 $ 552,000 $ 552,000 $ 205,000
Isabella County Michigan 1 $ 73,000 $ 73,000 $ 95,000
Luce County Michigan 1 $ 13,000 $ 13,000 $ 40,000
Jackson County Mississippi 1 $ 336,000 $ 336,000 $ 85,000
Morgan County Missouri 1 $ 183,000 $ 183,000 $ 84,000
Merrimack County New Hampshire 1 $ 176,000 $ 176,000 $ 79,000
Strafford County New Hampshire 1 $ 181,000 $ 181,000 $ 117,000
Cumberland County North Carolina 1 $ 107,000 $ 107,000 $ 29,000
Harnett County North Carolina 1 $ 150,000 $ 150,000 $ 62,000
Champaign County Ohio 1 $ 167,000 $ 167,000 $ 102,000
Clermont County Ohio 1 $ 127,000 $ 127,000 $ 128,000
Columbiana County Ohio 1 $ 353,000 $ 353,000 $ 508,000
Darke County Ohio 1 $ 271,000 $ 271,000 $ 92,000
Fulton County Ohio 1 $ 119,000 $ 119,000 $ 189,000
Licking County Ohio 1 $ 488,000 $ 488,000 $ 94,000
Mercer County Ohio 1 $ 268,000 $ 268,000 $ 67,000
Seneca County Ohio 1 $ 45,000 $ 45,000 $ 123,000
Allegheny County Pennsylvania 1 $ 142,000 $ 142,000 $ 68,000
Beaufort County South Carolina 1 $ 534,000 $ 534,000 $ 255,000
Blount County Tennessee 1 $ 292,000 $ 292,000 $ 101,000
Claiborne County Tennessee 1 $ 221,000 $ 221,000 $ 139,000
Davidson County Tennessee 1 $ 67,000 $ 67,000 $ 95,000
Hamilton County Tennessee 1 $ 151,000 $ 151,000 $ 94,000
Rutherford County Tennessee 1 $ 150,000 $ 150,000 $ 60,000
Fairfax County Virginia 1 $ 116,000 $ 116,000 $ 102,000
Brown County Wisconsin 1 $ 202,000 $ 202,000 $ 85,000
Dane County Wisconsin 1 $ 164,000 $ 164,000 $ 48,000
Kenosha County Wisconsin 1 $ 288,000 $ 288,000 $ 65,000
Milwaukee County Wisconsin 1 $ 550,000 $ 550,000 $ 235,000

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 2005

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 9,575 $1,397,214,000 $187,545 $19,000,000 $113,454 $5,004,000
Refinancing 5,474 $829,774,000 $183,733 $9,450,000 $130,133 $2,958,000
Home Improvement 366 $19,914,000 $55,500 $680,000 $69,666 $513,000

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 13,657 $1,937,979,000 $169,833 $2,500,000 $115,541 $5,004,000
Black or African American 711 $98,054,000 $154,166 $2,800,000 $73,666 $700,000
Hispanic 352 $43,586,000 $153,875 $420,000 $67,000 $789,000
Not Provided 352 $41,347,000 $350,857 $1,360,000 $75,428 $1,166,000
Asian 212 $40,083,000 $266,375 $914,000 $92,625 $457,000
American Indian or Alaskan Native 56 $9,266,000 $151,400 $623,000 $53,400 $192,000
Not applicable 53 $73,084,000 $1,364,666 $19,000,000 $37,666 $113,000
Native Hawaiian or Other Pacific Islander 22 $3,503,000 $175,000 $1,100,000 $74,000 $418,000

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) 13,350 $1,992,723,000 $172,875 $19,000,000 $113,541 $5,004,000
FHA-insured (Federal Housing Administration) 1,814 $221,337,000 $149,833 $394,000 $48,166 $290,000
VA-guaranteed (Veterans Administration) 175 $25,607,000 $150,750 $320,000 $55,000 $171,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 76 $7,235,000 $88,000 $203,000 $34,500 $74,000

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 10,995 $1,617,001,000 $184,454 $19,000,000 $135,909 $5,004,000
Application Withdrawn By Applicant 2,067 $294,492,000 $197,454 $1,600,000 $69,636 $1,368,000
Application Denied By Financial Institution 1,226 $178,503,000 $189,727 $2,500,000 $90,909 $600,000
Preapproval Denied by Financial Institution 637 $85,305,000 $133,000 $600,000 $51,000 $342,000
File Closed For Incompleteness 311 $43,797,000 $130,500 $600,000 $49,700 $396,000
Application Approved But Not Accepted 168 $26,400,000 $183,000 $825,000 $111,200 $1,020,000
Loan Purchased By The Institution 11 $1,404,000 $145,000 $248,000 $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 1,419 $212,372,000 $196,818 $1,800,000 $91,272 $600,000
Credit History 170 $17,175,000 $117,200 $1,300,000 $48,200 $592,000
Debt-To-Income Ratio 124 $13,062,000 $136,142 $694,000 $51,000 $230,000
Collateral 64 $8,767,000 $169,400 $950,000 $102,200 $290,000
Other 44 $7,354,000 $144,600 $2,500,000 $50,400 $137,000
Employment History 16 $1,903,000 $105,000 $675,000 $51,500 $396,000
Insufficient Cash (Downpayment, Closing Cost) 14 $1,149,000 $75,000 $207,000 $15,500 $68,000
Unverifiable Information 11 $1,941,000 $176,000 $788,000 $42,000 $113,000
Mortgage Insurance Denied 1 $85,000 $85,000 $85,000 $34,000 $34,000

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