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 Ross Mortgage Corporation.
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 | Ross Mortgage Corporation 2075 W. Big Beaver, Suite 700 Troy, MI 48084 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 2003 |
Total Number of Mortgage Applications | 1,001 |
Total Mortgage Loan Application Amount | $240,795,000 |
Average Mortgage Loan Application Amount | $216,500 |
Highest Mortgage Loan Application Amount | $1,205,000 |
Average Applicant Income | $98,500 |
Highest Applicant Income | $854,000 |
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 |
---|---|---|---|---|
Wayne County Michigan | 217 | $ 38,305,000 | $ 176,000 | $ 78,000 |
Oakland County Michigan | 215 | $ 60,235,000 | $ 280,000 | $ 128,000 |
Macomb County Michigan | 84 | $ 17,790,000 | $ 211,000 | $ 83,000 |
Genesee County Michigan | 81 | $ 14,075,000 | $ 173,000 | $ 73,000 |
Barren County Kentucky | 34 | $ 6,510,000 | $ 191,000 | $ 69,000 |
Livingston County Michigan | 25 | $ 8,865,000 | $ 354,000 | $ 133,000 |
Lapeer County Michigan | 17 | $ 4,615,000 | $ 271,000 | $ 91,000 |
Culpeper County Virginia | 13 | $ 4,695,000 | $ 361,000 | $ 114,000 |
Monroe County Michigan | 12 | $ 2,950,000 | $ 245,000 | $ 86,000 |
Washtenaw County Michigan | 12 | $ 2,840,000 | $ 236,000 | $ 104,000 |
Warren County Kentucky | 11 | $ 2,635,000 | $ 239,000 | $ 79,000 |
St. Clair County Michigan | 10 | $ 2,280,000 | $ 228,000 | $ 115,000 |
Marion County Florida | 7 | $ 1,605,000 | $ 229,000 | $ 126,000 |
Saginaw County Michigan | 7 | $ 1,085,000 | $ 155,000 | $ 59,000 |
Sumner County Tennessee | 7 | $ 2,155,000 | $ 307,000 | $ 70,000 |
Logan County Kentucky | 6 | $ 1,280,000 | $ 213,000 | $ 75,000 |
Lenawee County Michigan | 6 | $ 1,520,000 | $ 253,000 | $ 119,000 |
Albemarle County Virginia | 6 | $ 2,350,000 | $ 391,000 | $ 126,000 |
Jackson County Michigan | 5 | $ 1,035,000 | $ 207,000 | $ 70,000 |
Chesterfield County Virginia | 5 | $ 1,815,000 | $ 363,000 | $ 115,000 |
Allen County Kentucky | 4 | $ 990,000 | $ 247,000 | $ 78,000 |
Simpson County Kentucky | 4 | $ 1,270,000 | $ 317,000 | $ 74,000 |
Midland County Michigan | 4 | $ 810,000 | $ 202,000 | $ 230,000 |
Shiawassee County Michigan | 4 | $ 1,130,000 | $ 282,000 | $ 95,000 |
Davidson County Tennessee | 4 | $ 1,360,000 | $ 340,000 | $ 78,000 |
Maury County Tennessee | 4 | $ 970,000 | $ 242,000 | $ 140,000 |
Fluvanna County Virginia | 4 | $ 1,010,000 | $ 252,000 | $ 113,000 |
Greene County Virginia | 4 | $ 1,310,000 | $ 327,000 | $ 132,000 |
Madison County Virginia | 4 | $ 1,890,000 | $ 472,000 | $ 128,000 |
Orange County Virginia | 4 | $ 1,080,000 | $ 270,000 | $ 84,000 |
Spotsylvania County Virginia | 4 | $ 1,880,000 | $ 470,000 | $ 118,000 |
Suffolk County Virginia | 4 | $ 1,590,000 | $ 397,000 | $ 158,000 |
Madison County Alabama | 3 | $ 775,000 | $ 258,000 | $ 77,000 |
Hillsborough County Florida | 3 | $ 1,125,000 | $ 375,000 | $ 69,000 |
Hardin County Kentucky | 3 | $ 795,000 | $ 265,000 | $ 91,000 |
Metcalfe County Kentucky | 3 | $ 495,000 | $ 165,000 | $ 59,000 |
Bay County Michigan | 3 | $ 345,000 | $ 115,000 | $ 48,000 |
Gratiot County Michigan | 3 | $ 765,000 | $ 255,000 | $ 79,000 |
Ingham County Michigan | 3 | $ 695,000 | $ 231,000 | $ 100,000 |
Franklin County Ohio | 3 | $ 665,000 | $ 221,000 | $ 129,000 |
Giles County Tennessee | 3 | $ 1,145,000 | $ 381,000 | $ 88,000 |
Montgomery County Tennessee | 3 | $ 905,000 | $ 301,000 | $ 69,000 |
Williamson County Tennessee | 3 | $ 1,475,000 | $ 491,000 | $ 145,000 |
Louisa County Virginia | 3 | $ 1,115,000 | $ 371,000 | $ 154,000 |
Limestone County Alabama | 2 | $ 630,000 | $ 315,000 | $ 111,000 |
Collier County Florida | 2 | $ 1,170,000 | $ 585,000 | $ 261,000 |
Pinellas County Florida | 2 | $ 1,000,000 | $ 500,000 | $ 132,000 |
Fayette County Kentucky | 2 | $ 670,000 | $ 335,000 | $ 132,000 |
Green County Kentucky | 2 | $ 390,000 | $ 195,000 | $ 59,000 |
Hart County Kentucky | 2 | $ 340,000 | $ 170,000 | $ 42,000 |
Jefferson County Kentucky | 2 | $ 450,000 | $ 225,000 | $ 76,000 |
Johnson County Kentucky | 2 | $ 310,000 | $ 155,000 | $ 70,000 |
McCreary County Kentucky | 2 | $ 310,000 | $ 155,000 | $ 78,000 |
Ohio County Kentucky | 2 | $ 390,000 | $ 195,000 | $ 49,000 |
Alpena County Michigan | 2 | $ 240,000 | $ 120,000 | $ 209,000 |
Charlevoix County Michigan | 2 | $ 650,000 | $ 325,000 | $ 169,000 |
Gladwin County Michigan | 2 | $ 450,000 | $ 225,000 | $ 131,000 |
Kalamazoo County Michigan | 2 | $ 550,000 | $ 275,000 | $ 120,000 |
Onslow County North Carolina | 2 | $ 520,000 | $ 260,000 | $ 85,000 |
Wake County North Carolina | 2 | $ 470,000 | $ 235,000 | $ 53,000 |
Delaware County Ohio | 2 | $ 610,000 | $ 305,000 | $ 95,000 |
Venango County Pennsylvania | 2 | $ 150,000 | $ 75,000 | $ 41,000 |
Cheatham County Tennessee | 2 | $ 700,000 | $ 350,000 | $ 124,000 |
Cumberland County Tennessee | 2 | $ 400,000 | $ 200,000 | $ 58,000 |
Lewis County Tennessee | 2 | $ 270,000 | $ 135,000 | $ 52,000 |
Marshall County Tennessee | 2 | $ 600,000 | $ 300,000 | $ 74,000 |
Rutherford County Tennessee | 2 | $ 840,000 | $ 420,000 | $ 85,000 |
Wilson County Tennessee | 2 | $ 950,000 | $ 475,000 | $ 121,000 |
Charlottesville County Virginia | 2 | $ 500,000 | $ 250,000 | $ 197,000 |
Henrico County Virginia | 2 | $ 540,000 | $ 270,000 | $ 83,000 |
Richmond City County Virginia | 2 | $ 810,000 | $ 405,000 | $ 253,000 |
Clay County Florida | 1 | $ 395,000 | $ 395,000 | $ 86,000 |
Duval County Florida | 1 | $ 285,000 | $ 285,000 | $ 126,000 |
Indian River County Florida | 1 | $ 305,000 | $ 305,000 | $ 56,000 |
Levy County Florida | 1 | $ 225,000 | $ 225,000 | $ 79,000 |
Monroe County Florida | 1 | $ 645,000 | $ 645,000 | $ 224,000 |
Palm Beach County Florida | 1 | $ 355,000 | $ 355,000 | $ 92,000 |
Pasco County Florida | 1 | $ 305,000 | $ 305,000 | $ 62,000 |
Sumter County Florida | 1 | $ 245,000 | $ 245,000 | $ 108,000 |
Baldwin County Georgia | 1 | $ 185,000 | $ 185,000 | $ 41,000 |
Cherokee County Georgia | 1 | $ 235,000 | $ 235,000 | $ 78,000 |
Houston County Georgia | 1 | $ 165,000 | $ 165,000 | $ 79,000 |
Allen County Indiana | 1 | $ 215,000 | $ 215,000 | $ 66,000 |
Boone County Kentucky | 1 | $ 505,000 | $ 505,000 | $ 197,000 |
Butler County Kentucky | 1 | $ 105,000 | $ 105,000 | $ 63,000 |
Casey County Kentucky | 1 | $ 205,000 | $ 205,000 | $ 134,000 |
Christian County Kentucky | 1 | $ 185,000 | $ 185,000 | $ 111,000 |
Clinton County Kentucky | 1 | $ 215,000 | $ 215,000 | $ 54,000 |
Cumberland County Kentucky | 1 | $ 275,000 | $ 275,000 | $ 74,000 |
Edmonson County Kentucky | 1 | $ 185,000 | $ 185,000 | $ 176,000 |
Floyd County Kentucky | 1 | $ 175,000 | $ 175,000 | $ 86,000 |
Grayson County Kentucky | 1 | $ 225,000 | $ 225,000 | $ 123,000 |
Marion County Kentucky | 1 | $ 325,000 | $ 325,000 | $ 96,000 |
Monroe County Kentucky | 1 | $ 155,000 | $ 155,000 | $ 38,000 |
Nelson County Kentucky | 1 | $ 205,000 | $ 205,000 | $ 176,000 |
Pulaski County Kentucky | 1 | $ 145,000 | $ 145,000 | $ 57,000 |
Shelby County Kentucky | 1 | $ 555,000 | $ 555,000 | $ 74,000 |
Todd County Kentucky | 1 | $ 225,000 | $ 225,000 | $ 47,000 |
Whitley County Kentucky | 1 | $ 215,000 | $ 215,000 | $ 57,000 |
Rapides County Louisiana | 1 | $ 295,000 | $ 295,000 | $ 69,000 |
Antrim County Michigan | 1 | $ 135,000 | $ 135,000 | $ 71,000 |
Arenac County Michigan | 1 | $ 195,000 | $ 195,000 | $ 94,000 |
Cheboygan County Michigan | 1 | $ 65,000 | $ 65,000 | $ 106,000 |
Clare County Michigan | 1 | $ 115,000 | $ 115,000 | $ 59,000 |
Clinton County Michigan | 1 | $ 305,000 | $ 305,000 | $ 123,000 |
Grand Traverse County Michigan | 1 | $ 395,000 | $ 395,000 | $ 130,000 |
Hillsdale County Michigan | 1 | $ 165,000 | $ 165,000 | $ 121,000 |
Kent County Michigan | 1 | $ 395,000 | $ 395,000 | $ 169,000 |
Luce County Michigan | 1 | $ 235,000 | $ 235,000 | $ 219,000 |
Manistee County Michigan | 1 | $ 305,000 | $ 305,000 | $ 219,000 |
Missaukee County Michigan | 1 | $ 105,000 | $ 105,000 | $ 241,000 |
Montmorency County Michigan | 1 | $ 45,000 | $ 45,000 | $ 25,000 |
Muskegon County Michigan | 1 | $ 335,000 | $ 335,000 | $ 201,000 |
Newaygo County Michigan | 1 | $ 135,000 | $ 135,000 | $ 194,000 |
Ogemaw County Michigan | 1 | $ 245,000 | $ 245,000 | $ 115,000 |
Otsego County Michigan | 1 | $ 225,000 | $ 225,000 | $ 85,000 |
Presque Isle County Michigan | 1 | $ 175,000 | $ 175,000 | $ 84,000 |
Roscommon County Michigan | 1 | $ 65,000 | $ 65,000 | $ 39,000 |
Van Buren County Michigan | 1 | $ 365,000 | $ 365,000 | $ 156,000 |
Carteret County North Carolina | 1 | $ 265,000 | $ 265,000 | $ 223,000 |
Davie County North Carolina | 1 | $ 415,000 | $ 415,000 | $ 89,000 |
Champaign County Ohio | 1 | $ 245,000 | $ 245,000 | $ 80,000 |
Clark County Ohio | 1 | $ 345,000 | $ 345,000 | $ 140,000 |
Hamilton County Ohio | 1 | $ 295,000 | $ 295,000 | $ 127,000 |
Jefferson County Ohio | 1 | $ 195,000 | $ 195,000 | $ 57,000 |
Lucas County Ohio | 1 | $ 155,000 | $ 155,000 | $ 68,000 |
Warren County Ohio | 1 | $ 275,000 | $ 275,000 | $ 112,000 |
Delaware County Pennsylvania | 1 | $ 275,000 | $ 275,000 | $ 148,000 |
Erie County Pennsylvania | 1 | $ 115,000 | $ 115,000 | $ 75,000 |
Anderson County South Carolina | 1 | $ 355,000 | $ 355,000 | $ 65,000 |
Beaufort County South Carolina | 1 | $ 255,000 | $ 255,000 | $ 90,000 |
Dorchester County South Carolina | 1 | $ 245,000 | $ 245,000 | $ 102,000 |
Orangeburg County South Carolina | 1 | $ 125,000 | $ 125,000 | $ 55,000 |
Bedford County Tennessee | 1 | $ 285,000 | $ 285,000 | $ 83,000 |
Bradley County Tennessee | 1 | $ 465,000 | $ 465,000 | $ 145,000 |
Dickson County Tennessee | 1 | $ 425,000 | $ 425,000 | $ 207,000 |
Jefferson County Tennessee | 1 | $ 335,000 | $ 335,000 | $ 73,000 |
Lawrence County Tennessee | 1 | $ 265,000 | $ 265,000 | $ 79,000 |
Macon County Tennessee | 1 | $ 305,000 | $ 305,000 | $ 66,000 |
Robertson County Tennessee | 1 | $ 275,000 | $ 275,000 | $ 228,000 |
Amherst County Virginia | 1 | $ 115,000 | $ 115,000 | $ 71,000 |
Buchanan County Virginia | 1 | $ 135,000 | $ 135,000 | $ 31,000 |
Caroline County Virginia | 1 | $ 265,000 | $ 265,000 | $ 90,000 |
Chesapeake County Virginia | 1 | $ 485,000 | $ 485,000 | $ 117,000 |
Loudoun County Virginia | 1 | $ 725,000 | $ 725,000 | $ 211,000 |
Nelson County Virginia | 1 | $ 185,000 | $ 185,000 | $ 81,000 |
Page County Virginia | 1 | $ 395,000 | $ 395,000 | $ 73,000 |
Portsmouth County Virginia | 1 | $ 235,000 | $ 235,000 | $ 80,000 |
Prince William County Virginia | 1 | $ 405,000 | $ 405,000 | $ 116,000 |
Rockbridge County Virginia | 1 | $ 275,000 | $ 275,000 | $ 51,000 |
Rockingham County Virginia | 1 | $ 155,000 | $ 155,000 | $ 25,000 |
Staunton County Virginia | 1 | $ 295,000 | $ 295,000 | $ 92,000 |
Lincoln County Wisconsin | 1 | $ 235,000 | $ 235,000 | $ 73,000 |
Portage County Wisconsin | 1 | $ 75,000 | $ 75,000 | $ 0 |
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 | 864 | $211,480,000 | $244,000 | $1,205,000 | $97,000 | $854,000 |
Cash-out Refinancing | 87 | $19,415,000 | $223,000 | $635,000 | $119,000 | $691,000 |
Refinancing | 28 | $5,170,000 | $184,000 | $375,000 | $76,000 | $200,000 |
Other Purpose | 22 | $4,730,000 | $215,000 | $435,000 | $102,000 | $354,000 |
Home Improvement | 0 | $0 | $0 | $0 | $0 | $0 |
Not Applicable | 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 | 737 | $178,645,000 | $242,000 | $775,000 | $98,000 | $854,000 |
Not Provided | 130 | $31,300,000 | $240,000 | $1,205,000 | $108,000 | $587,000 |
Black or African American | 82 | $16,930,000 | $206,000 | $645,000 | $82,000 | $302,000 |
Hispanic | 36 | $10,040,000 | $278,000 | $495,000 | $102,000 | $332,000 |
Asian | 11 | $2,835,000 | $257,000 | $415,000 | $95,000 | $169,000 |
American Indian or Alaskan Native | 5 | $1,045,000 | $209,000 | $315,000 | $86,000 | $176,000 |
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) | 633 | $154,435,000 | $243,000 | $1,205,000 | $111,000 | $854,000 |
FHA-insured (Federal Housing Administration) | 231 | $47,045,000 | $203,000 | $725,000 | $71,000 | $242,000 |
VA-guaranteed (Veterans Administration) | 122 | $36,700,000 | $300,000 | $735,000 | $90,000 | $216,000 |
FSA/RHS (Farm Service Agency or Rural Housing Service) | 15 | $2,615,000 | $174,000 | $245,000 | $61,000 | $82,000 |
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 | 814 | $194,630,000 | $239,000 | $845,000 | $98,000 | $854,000 |
Application Withdrawn By Applicant | 104 | $28,660,000 | $275,000 | $1,205,000 | $110,000 | $587,000 |
Application Denied By Financial Institution | 59 | $12,645,000 | $214,000 | $645,000 | $87,000 | $245,000 |
File Closed For Incompleteness | 18 | $3,640,000 | $202,000 | $445,000 | $78,000 | $217,000 |
Application Approved But Not Accepted | 4 | $780,000 | $195,000 | $395,000 | $104,000 | $189,000 |
Preapproval Approved but not Accepted | 2 | $440,000 | $220,000 | $255,000 | $68,000 | $90,000 |
Preapproval Denied by Financial Institution | 0 | $0 | $0 | $0 | $0 | $0 |
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 | 942 | $228,150,000 | $242,000 | $1,205,000 | $99,000 | $854,000 |
Collateral | 14 | $2,840,000 | $202,000 | $525,000 | $93,000 | $194,000 |
Debt-To-Income Ratio | 12 | $2,300,000 | $191,000 | $275,000 | $64,000 | $176,000 |
Employment History | 8 | $2,070,000 | $258,000 | $645,000 | $126,000 | $245,000 |
Other | 8 | $1,640,000 | $205,000 | $555,000 | $85,000 | $242,000 |
Insufficient Cash (Downpayment, Closing Cost) | 6 | $1,000,000 | $166,000 | $255,000 | $77,000 | $134,000 |
Credit History | 5 | $1,255,000 | $251,000 | $335,000 | $74,000 | $96,000 |
Credit Application Incomplete | 3 | $1,125,000 | $375,000 | $565,000 | $105,000 | $159,000 |
Unverifiable Information | 2 | $280,000 | $140,000 | $175,000 | $61,000 | $79,000 |
Mortgage Insurance Denied | 1 | $135,000 | $135,000 | $135,000 | $83,000 | $83,000 |
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.