Sallie Mae Home Loans
Mortgage Loan Application
Totals and Details
for 2003
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 Sallie Mae Home Loans.
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 | Sallie Mae Home Loans 28175 Cabot Dr Novi, MI 48377 Tel #: available with data download |
| Federal Regulator | * available with data download |
| Years | 2007 2006 2005 2004 2003 |
| Total Number of Mortgage Applications | 5,292 |
| Total Mortgage Loan Application Amount | $1,008,149,000 |
| Average Mortgage Loan Application Amount | $173,952 |
| Highest Mortgage Loan Application Amount | $999,000 |
| Average Applicant Income | $82,857 |
| Highest Applicant Income | $996,000 |
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 |
|---|---|---|---|---|
| Oakland County Michigan | 1,514 | $ 320,730,000 | $ 211,000 | $ 95,000 |
| Wayne County Michigan | 1,213 | $ 220,919,000 | $ 182,000 | $ 77,000 |
| Washtenaw County Michigan | 618 | $ 127,746,000 | $ 206,000 | $ 85,000 |
| Maricopa County Arizona | 572 | $ 98,897,000 | $ 172,000 | $ 91,000 |
| Livingston County Michigan | 399 | $ 78,431,000 | $ 196,000 | $ 78,000 |
| Macomb County Michigan | 360 | $ 63,735,000 | $ 177,000 | $ 71,000 |
| Jackson County Michigan | 59 | $ 9,479,000 | $ 160,000 | $ 65,000 |
| Genesee County Michigan | 56 | $ 7,806,000 | $ 139,000 | $ 66,000 |
| Ingham County Michigan | 51 | $ 7,445,000 | $ 145,000 | $ 64,000 |
| Lenawee County Michigan | 37 | $ 5,484,000 | $ 148,000 | $ 73,000 |
| Monroe County Michigan | 27 | $ 5,016,000 | $ 185,000 | $ 75,000 |
| Kent County Michigan | 23 | $ 3,871,000 | $ 168,000 | $ 84,000 |
| Pima County Arizona | 22 | $ 3,522,000 | $ 160,000 | $ 74,000 |
| Lapeer County Michigan | 21 | $ 3,155,000 | $ 150,000 | $ 55,000 |
| St. Clair County Michigan | 20 | $ 3,226,000 | $ 161,000 | $ 83,000 |
| Coconino County Arizona | 17 | $ 2,976,000 | $ 175,000 | $ 99,000 |
| Pinal County Arizona | 17 | $ 2,674,000 | $ 157,000 | $ 80,000 |
| Shiawassee County Michigan | 14 | $ 2,441,000 | $ 174,000 | $ 64,000 |
| Kalamazoo County Michigan | 11 | $ 1,901,000 | $ 172,000 | $ 125,000 |
| Charlevoix County Michigan | 10 | $ 2,156,000 | $ 215,000 | $ 103,000 |
| Grand Traverse County Michigan | 9 | $ 1,610,000 | $ 178,000 | $ 118,000 |
| Roscommon County Michigan | 9 | $ 1,333,000 | $ 148,000 | $ 146,000 |
| Yavapai County Arizona | 8 | $ 1,638,000 | $ 204,000 | $ 71,000 |
| Eaton County Michigan | 8 | $ 1,310,000 | $ 163,000 | $ 87,000 |
| Leelanau County Michigan | 8 | $ 1,711,000 | $ 213,000 | $ 128,000 |
| Antrim County Michigan | 7 | $ 1,311,000 | $ 187,000 | $ 205,000 |
| Muskegon County Michigan | 7 | $ 1,039,000 | $ 148,000 | $ 96,000 |
| Saginaw County Michigan | 7 | $ 1,443,000 | $ 206,000 | $ 121,000 |
| Benzie County Michigan | 6 | $ 1,094,000 | $ 182,000 | $ 131,000 |
| Crawford County Michigan | 6 | $ 813,000 | $ 135,000 | $ 85,000 |
| Otsego County Michigan | 6 | $ 839,000 | $ 139,000 | $ 87,000 |
| Alcona County Michigan | 5 | $ 867,000 | $ 173,000 | $ 178,000 |
| Berrien County Michigan | 5 | $ 767,000 | $ 153,000 | $ 122,000 |
| Clinton County Michigan | 5 | $ 1,015,000 | $ 203,000 | $ 83,000 |
| Delta County Michigan | 5 | $ 527,000 | $ 105,000 | $ 118,000 |
| Ottawa County Michigan | 5 | $ 587,000 | $ 117,000 | $ 68,000 |
| Mohave County Arizona | 4 | $ 585,000 | $ 146,000 | $ 77,000 |
| Branch County Michigan | 4 | $ 606,000 | $ 151,000 | $ 88,000 |
| Gladwin County Michigan | 4 | $ 397,000 | $ 99,000 | $ 79,000 |
| Oceana County Michigan | 4 | $ 491,000 | $ 122,000 | $ 56,000 |
| Cochise County Arizona | 3 | $ 510,000 | $ 170,000 | $ 130,000 |
| Gila County Arizona | 3 | $ 275,000 | $ 91,000 | $ 94,000 |
| Navajo County Arizona | 3 | $ 347,000 | $ 115,000 | $ 106,000 |
| Alpena County Michigan | 3 | $ 426,000 | $ 142,000 | $ 80,000 |
| Calhoun County Michigan | 3 | $ 408,000 | $ 136,000 | $ 91,000 |
| Cass County Michigan | 3 | $ 406,000 | $ 135,000 | $ 55,000 |
| Clare County Michigan | 3 | $ 255,000 | $ 85,000 | $ 61,000 |
| Hillsdale County Michigan | 3 | $ 269,000 | $ 89,000 | $ 80,000 |
| Iosco County Michigan | 3 | $ 258,000 | $ 86,000 | $ 88,000 |
| Sanilac County Michigan | 3 | $ 430,000 | $ 143,000 | $ 104,000 |
| St. Joseph County Michigan | 3 | $ 673,000 | $ 224,000 | $ 143,000 |
| Graham County Arizona | 2 | $ 177,000 | $ 88,000 | $ 67,000 |
| Yuma County Arizona | 2 | $ 344,000 | $ 172,000 | $ 117,000 |
| Arenac County Michigan | 2 | $ 158,000 | $ 79,000 | $ 131,000 |
| Barry County Michigan | 2 | $ 262,000 | $ 131,000 | $ 73,000 |
| Emmet County Michigan | 2 | $ 977,000 | $ 488,000 | $ 413,000 |
| Huron County Michigan | 2 | $ 241,000 | $ 120,000 | $ 128,000 |
| Ionia County Michigan | 2 | $ 213,000 | $ 106,000 | $ 45,000 |
| Manistee County Michigan | 2 | $ 148,000 | $ 74,000 | $ 29,000 |
| Mason County Michigan | 2 | $ 477,000 | $ 238,000 | $ 188,000 |
| Midland County Michigan | 2 | $ 276,000 | $ 138,000 | $ 145,000 |
| Ogemaw County Michigan | 2 | $ 225,000 | $ 112,000 | $ 84,000 |
| Osceola County Michigan | 2 | $ 304,000 | $ 152,000 | $ 139,000 |
| Presque Isle County Michigan | 2 | $ 449,000 | $ 224,000 | $ 147,000 |
| Wexford County Michigan | 2 | $ 226,000 | $ 113,000 | $ 189,000 |
| Clay County Missouri | 2 | $ 280,000 | $ 140,000 | $ 71,000 |
| Santa Cruz County Arizona | 1 | $ 99,000 | $ 99,000 | $ 94,000 |
| Los Angeles County California | 1 | $ 270,000 | $ 270,000 | $ 84,000 |
| San Diego County California | 1 | $ 356,000 | $ 356,000 | $ 161,000 |
| Denver County Colorado | 1 | $ 275,000 | $ 275,000 | $ 79,000 |
| Park County Colorado | 1 | $ 270,000 | $ 270,000 | $ 48,000 |
| Daviess County Indiana | 1 | $ 134,000 | $ 134,000 | $ 44,000 |
| Lake County Indiana | 1 | $ 292,000 | $ 292,000 | $ 69,000 |
| Madison County Indiana | 1 | $ 176,000 | $ 176,000 | $ 66,000 |
| Marion County Indiana | 1 | $ 158,000 | $ 158,000 | $ 56,000 |
| Monroe County Indiana | 1 | $ 150,000 | $ 150,000 | $ 52,000 |
| St. Joseph County Indiana | 1 | $ 93,000 | $ 93,000 | $ 26,000 |
| Tippecanoe County Indiana | 1 | $ 176,000 | $ 176,000 | $ 75,000 |
| Allegan County Michigan | 1 | $ 118,000 | $ 118,000 | $ 50,000 |
| Baraga County Michigan | 1 | $ 143,000 | $ 143,000 | $ 71,000 |
| Bay County Michigan | 1 | $ 71,000 | $ 71,000 | $ 49,000 |
| Cheboygan County Michigan | 1 | $ 216,000 | $ 216,000 | $ 92,000 |
| Houghton County Michigan | 1 | $ 88,000 | $ 88,000 | $ 18,000 |
| Isabella County Michigan | 1 | $ 65,000 | $ 65,000 | $ 54,000 |
| Kalkaska County Michigan | 1 | $ 100,000 | $ 100,000 | $ 96,000 |
| Mackinac County Michigan | 1 | $ 301,000 | $ 301,000 | $ 98,000 |
| Marquette County Michigan | 1 | $ 49,000 | $ 49,000 | $ 31,000 |
| Mecosta County Michigan | 1 | $ 156,000 | $ 156,000 | $ 118,000 |
| Menominee County Michigan | 1 | $ 402,000 | $ 402,000 | $ 157,000 |
| Missaukee County Michigan | 1 | $ 200,000 | $ 200,000 | $ 196,000 |
| Montcalm County Michigan | 1 | $ 143,000 | $ 143,000 | $ 55,000 |
| Oscoda County Michigan | 1 | $ 148,000 | $ 148,000 | $ 90,000 |
| Van Buren County Michigan | 1 | $ 89,000 | $ 89,000 | $ 50,000 |
| Dakota County Minnesota | 1 | $ 86,000 | $ 86,000 | $ 102,000 |
| Boone County Missouri | 1 | $ 120,000 | $ 120,000 | $ 104,000 |
| Cole County Missouri | 1 | $ 132,000 | $ 132,000 | $ 61,000 |
| St. Charles County Missouri | 1 | $ 126,000 | $ 126,000 | $ 57,000 |
| Missoula County Montana | 1 | $ 210,000 | $ 210,000 | $ 86,000 |
| Ontario County New York | 1 | $ 209,000 | $ 209,000 | $ 70,000 |
| Lucas County Ohio | 1 | $ 106,000 | $ 106,000 | $ 105,000 |
| Warren County Ohio | 1 | $ 146,000 | $ 146,000 | $ 24,000 |
| Harris County Texas | 1 | $ 105,000 | $ 105,000 | $ 203,000 |
| Hidalgo County Texas | 1 | $ 288,000 | $ 288,000 | $ 155,000 |
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 Sallie Mae Home Loans in 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 |
|---|---|---|---|---|---|---|
| Refinancing (home purchase or home improvement, one-to-four family) | 3,921 | $755,226,000 | $179,800 | $999,000 | $99,300 | $996,000 |
| Home Purchase (one-to-four family) | 1,368 | $252,604,000 | $185,555 | $671,000 | $76,333 | $996,000 |
| Home Improvement (one-to-four family) | 2 | $268,000 | $134,000 | $208,000 | $60,000 | $70,000 |
| Multifamily dwelling (home purchase, home improvement, and refinancings) | 1 | $51,000 | $51,000 | $51,000 | $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 | 3,940 | $744,827,000 | $184,083 | $999,000 | $87,583 | $996,000 |
| Information not provided by applicant in mail or telephone application | 971 | $190,300,000 | $178,666 | $564,000 | $80,666 | $996,000 |
| Black | 153 | $30,211,000 | $168,333 | $362,000 | $61,333 | $482,000 |
| Other | 76 | $13,221,000 | $156,500 | $323,000 | $97,000 | $388,000 |
| Asian or Pacific Islander | 75 | $15,462,000 | $189,000 | $650,000 | $108,000 | $350,000 |
| Hispanic | 68 | $11,968,000 | $173,000 | $522,000 | $75,500 | $171,000 |
| American Indian or Alaskan Native | 9 | $2,160,000 | $231,000 | $475,000 | $95,500 | $175,000 |
| 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) | 5,219 | $998,559,000 | $185,916 | $999,000 | $87,750 | $996,000 |
| FHA-insured (Federal Housing Administration) | 62 | $7,732,000 | $118,333 | $187,000 | $49,666 | $147,000 |
| VA-guaranteed (Veterans Administration) | 11 | $1,858,000 | $165,333 | $245,000 | $59,666 | $123,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) | 0 | $0 | $0 | $0 | $0 | $0 |
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 | 4,883 | $932,960,000 | $185,800 | $999,000 | $91,600 | $996,000 |
| Application Withdrawn By Applicant | 278 | $51,885,000 | $189,666 | $650,000 | $84,666 | $495,000 |
| Application Denied By Financial Institution | 129 | $23,071,000 | $166,250 | $650,000 | $64,000 | $186,000 |
| File Closed For Incompleteness | 2 | $233,000 | $116,000 | $142,000 | $88,000 | $149,000 |
| Application Approved But Not Accepted | 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 |
|---|---|---|---|---|---|---|
| Debt-To-Income Ratio | 58 | $11,174,000 | $190,000 | $650,000 | $65,000 | $182,000 |
| Credit History | 33 | $5,231,000 | $148,750 | $387,000 | $54,750 | $168,000 |
| Collateral | 15 | $2,285,000 | $148,000 | $288,000 | $85,500 | $186,000 |
| Other | 13 | $2,442,000 | $161,666 | $408,000 | $81,333 | $160,000 |
| Insufficient Cash (Downpayment, Closing Cost) | 6 | $1,128,000 | $188,000 | $277,000 | $84,000 | $122,000 |
| Unverifiable Information | 2 | $422,000 | $211,000 | $230,000 | $73,000 | $76,000 |
| Mortgage Insurance Denied | 1 | $90,000 | $90,000 | $90,000 | $35,000 | $35,000 |
| Employment History | 1 | $299,000 | $299,000 | $299,000 | $130,000 | $130,000 |
| 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.