Sallie Mae Home Loans
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 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 2003-2023.
| 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 | 3,568 |
| Total Mortgage Loan Application Amount | $549,858,000 |
| Average Mortgage Loan Application Amount | $171,621 |
| Highest Mortgage Loan Application Amount | $1,300,000 |
| Average Applicant Income | $173,756 |
| Highest Applicant Income | $3,396,000 |
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 | 806 | $ 119,001,000 | $ 147,000 | $ 76,000 |
| Oakland County Michigan | 698 | $ 128,105,000 | $ 183,000 | $ 77,000 |
| Maricopa County Arizona | 525 | $ 68,946,000 | $ 131,000 | $ 75,000 |
| Washtenaw County Michigan | 361 | $ 61,010,000 | $ 169,000 | $ 108,000 |
| Macomb County Michigan | 268 | $ 39,770,000 | $ 148,000 | $ 68,000 |
| Livingston County Michigan | 189 | $ 36,044,000 | $ 190,000 | $ 69,000 |
| Pima County Arizona | 51 | $ 6,984,000 | $ 136,000 | $ 89,000 |
| Genesee County Michigan | 36 | $ 4,849,000 | $ 134,000 | $ 67,000 |
| Kent County Michigan | 28 | $ 4,252,000 | $ 151,000 | $ 85,000 |
| Lenawee County Michigan | 28 | $ 3,784,000 | $ 135,000 | $ 71,000 |
| Marion County Indiana | 27 | $ 3,019,000 | $ 111,000 | $ 60,000 |
| Jackson County Michigan | 27 | $ 3,141,000 | $ 116,000 | $ 57,000 |
| Hamilton County Indiana | 23 | $ 3,014,000 | $ 131,000 | $ 66,000 |
| Ingham County Michigan | 22 | $ 2,133,000 | $ 96,000 | $ 43,000 |
| Kalamazoo County Michigan | 21 | $ 2,472,000 | $ 117,000 | $ 106,000 |
| Monroe County Michigan | 21 | $ 3,347,000 | $ 159,000 | $ 68,000 |
| Pinal County Arizona | 17 | $ 2,169,000 | $ 127,000 | $ 67,000 |
| Coconino County Arizona | 16 | $ 2,574,000 | $ 160,000 | $ 88,000 |
| Yavapai County Arizona | 16 | $ 2,113,000 | $ 132,000 | $ 77,000 |
| St. Clair County Michigan | 13 | $ 2,131,000 | $ 163,000 | $ 94,000 |
| Roscommon County Michigan | 10 | $ 1,350,000 | $ 135,000 | $ 102,000 |
| Madison County Indiana | 9 | $ 951,000 | $ 105,000 | $ 52,000 |
| Bell County Texas | 9 | $ 661,000 | $ 73,000 | $ 64,000 |
| St. Joseph County Indiana | 8 | $ 898,000 | $ 112,000 | $ 77,000 |
| Jackson County Missouri | 8 | $ 742,000 | $ 92,000 | $ 52,000 |
| Cochise County Arizona | 7 | $ 856,000 | $ 122,000 | $ 76,000 |
| Yuma County Arizona | 7 | $ 917,000 | $ 131,000 | $ 53,000 |
| Cook County Illinois | 7 | $ 1,609,000 | $ 229,000 | $ 103,000 |
| St. Charles County Missouri | 7 | $ 552,000 | $ 78,000 | $ 77,000 |
| Denver County Colorado | 6 | $ 1,156,000 | $ 192,000 | $ 82,000 |
| Eaton County Michigan | 6 | $ 564,000 | $ 94,000 | $ 73,000 |
| Lapeer County Michigan | 6 | $ 799,000 | $ 133,000 | $ 91,000 |
| Ottawa County Michigan | 6 | $ 1,082,000 | $ 180,000 | $ 87,000 |
| Tarrant County Texas | 6 | $ 953,000 | $ 158,000 | $ 97,000 |
| Mohave County Arizona | 5 | $ 806,000 | $ 161,000 | $ 68,000 |
| Hancock County Indiana | 5 | $ 716,000 | $ 143,000 | $ 72,000 |
| Calhoun County Michigan | 5 | $ 730,000 | $ 146,000 | $ 63,000 |
| Charlevoix County Michigan | 5 | $ 1,067,000 | $ 213,000 | $ 195,000 |
| Kalkaska County Michigan | 5 | $ 590,000 | $ 118,000 | $ 94,000 |
| St. Louis County Missouri | 5 | $ 507,000 | $ 101,000 | $ 55,000 |
| Navajo County Arizona | 4 | $ 488,000 | $ 122,000 | $ 115,000 |
| Johnson County Indiana | 4 | $ 332,000 | $ 83,000 | $ 66,000 |
| Lake County Indiana | 4 | $ 360,000 | $ 90,000 | $ 67,000 |
| Monroe County Indiana | 4 | $ 428,000 | $ 107,000 | $ 70,000 |
| Benzie County Michigan | 4 | $ 373,000 | $ 93,000 | $ 177,000 |
| Hillsdale County Michigan | 4 | $ 551,000 | $ 137,000 | $ 68,000 |
| Iosco County Michigan | 4 | $ 546,000 | $ 136,000 | $ 104,000 |
| Sanilac County Michigan | 4 | $ 548,000 | $ 137,000 | $ 113,000 |
| Shiawassee County Michigan | 4 | $ 636,000 | $ 159,000 | $ 58,000 |
| Dakota County Minnesota | 4 | $ 745,000 | $ 186,000 | $ 112,000 |
| Missoula County Montana | 4 | $ 458,000 | $ 114,000 | $ 40,000 |
| Harris County Texas | 4 | $ 483,000 | $ 120,000 | $ 76,000 |
| El Paso County Colorado | 3 | $ 311,000 | $ 103,000 | $ 45,000 |
| Jefferson County Colorado | 3 | $ 422,000 | $ 140,000 | $ 151,000 |
| Kit Carson County Colorado | 3 | $ 280,000 | $ 93,000 | $ 51,000 |
| La Plata County Colorado | 3 | $ 634,000 | $ 211,000 | $ 115,000 |
| Tippecanoe County Indiana | 3 | $ 359,000 | $ 119,000 | $ 64,000 |
| Antrim County Michigan | 3 | $ 416,000 | $ 138,000 | $ 133,000 |
| Chippewa County Michigan | 3 | $ 235,000 | $ 78,000 | $ 123,000 |
| Clare County Michigan | 3 | $ 166,000 | $ 55,000 | $ 81,000 |
| Gladwin County Michigan | 3 | $ 380,000 | $ 126,000 | $ 128,000 |
| Lake County Michigan | 3 | $ 242,000 | $ 80,000 | $ 55,000 |
| Mecosta County Michigan | 3 | $ 619,000 | $ 206,000 | $ 63,000 |
| Oceana County Michigan | 3 | $ 522,000 | $ 174,000 | $ 84,000 |
| Saginaw County Michigan | 3 | $ 439,000 | $ 146,000 | $ 32,000 |
| Clay County Missouri | 3 | $ 297,000 | $ 99,000 | $ 82,000 |
| St. Louis City County Missouri | 3 | $ 456,000 | $ 152,000 | $ 52,000 |
| Santa Cruz County Arizona | 2 | $ 201,000 | $ 100,000 | $ 84,000 |
| Alameda County California | 2 | $ 380,000 | $ 190,000 | $ 81,000 |
| Adams County Colorado | 2 | $ 166,000 | $ 83,000 | $ 31,000 |
| Arapahoe County Colorado | 2 | $ 724,000 | $ 362,000 | $ 182,000 |
| Clear Creek County Colorado | 2 | $ 220,000 | $ 110,000 | $ 52,000 |
| Douglas County Colorado | 2 | $ 170,000 | $ 85,000 | $ 50,000 |
| Rockdale County Georgia | 2 | $ 257,000 | $ 128,000 | $ 130,000 |
| Allen County Indiana | 2 | $ 280,000 | $ 140,000 | $ 132,000 |
| Boone County Indiana | 2 | $ 549,000 | $ 274,000 | $ 153,000 |
| Brown County Indiana | 2 | $ 343,000 | $ 171,000 | $ 99,000 |
| Dearborn County Indiana | 2 | $ 160,000 | $ 80,000 | $ 47,000 |
| Henry County Indiana | 2 | $ 131,000 | $ 65,000 | $ 103,000 |
| Marshall County Indiana | 2 | $ 200,000 | $ 100,000 | $ 56,000 |
| Alcona County Michigan | 2 | $ 100,000 | $ 50,000 | $ 77,000 |
| Allegan County Michigan | 2 | $ 207,000 | $ 103,000 | $ 102,000 |
| Berrien County Michigan | 2 | $ 121,000 | $ 60,000 | $ 29,000 |
| Branch County Michigan | 2 | $ 134,000 | $ 67,000 | $ 42,000 |
| Emmet County Michigan | 2 | $ 343,000 | $ 171,000 | $ 110,000 |
| Grand Traverse County Michigan | 2 | $ 296,000 | $ 148,000 | $ 59,000 |
| Houghton County Michigan | 2 | $ 143,000 | $ 71,000 | $ 62,000 |
| Isabella County Michigan | 2 | $ 385,000 | $ 192,000 | $ 160,000 |
| Leelanau County Michigan | 2 | $ 302,000 | $ 151,000 | $ 50,000 |
| Manistee County Michigan | 2 | $ 105,000 | $ 52,000 | $ 47,000 |
| Marquette County Michigan | 2 | $ 75,000 | $ 37,000 | $ 32,000 |
| Midland County Michigan | 2 | $ 265,000 | $ 132,000 | $ 68,000 |
| Muskegon County Michigan | 2 | $ 325,000 | $ 162,000 | $ 88,000 |
| Newaygo County Michigan | 2 | $ 125,000 | $ 62,000 | $ 54,000 |
| Ogemaw County Michigan | 2 | $ 117,000 | $ 58,000 | $ 83,000 |
| Otsego County Michigan | 2 | $ 288,000 | $ 144,000 | $ 87,000 |
| St. Joseph County Michigan | 2 | $ 291,000 | $ 145,000 | $ 97,000 |
| Chisago County Minnesota | 2 | $ 383,000 | $ 191,000 | $ 110,000 |
| Greene County Missouri | 2 | $ 104,000 | $ 52,000 | $ 42,000 |
| Saline County Missouri | 2 | $ 117,000 | $ 58,000 | $ 84,000 |
| San Miguel County New Mexico | 2 | $ 151,000 | $ 75,000 | $ 63,000 |
| Lucas County Ohio | 2 | $ 663,000 | $ 331,000 | $ 37,000 |
| Montgomery County Ohio | 2 | $ 381,000 | $ 190,000 | $ 70,000 |
| Multnomah County Oregon | 2 | $ 267,000 | $ 133,000 | $ 45,000 |
| Beaufort County South Carolina | 2 | $ 582,000 | $ 291,000 | $ 147,000 |
| Horry County South Carolina | 2 | $ 247,000 | $ 123,000 | $ 31,000 |
| Bexar County Texas | 2 | $ 326,000 | $ 163,000 | $ 57,000 |
| El Paso County Texas | 2 | $ 475,000 | $ 237,000 | $ 612,000 |
| Lubbock County Texas | 2 | $ 353,000 | $ 176,000 | $ 88,000 |
| Fairfax County Virginia | 2 | $ 646,000 | $ 323,000 | $ 141,000 |
| La Paz County Arizona | 1 | $ 108,000 | $ 108,000 | $ 48,000 |
| Kern County California | 1 | $ 120,000 | $ 120,000 | $ 42,000 |
| Los Angeles County California | 1 | $ 53,000 | $ 53,000 | $ 73,000 |
| Larimer County Colorado | 1 | $ 334,000 | $ 334,000 | $ 102,000 |
| Montezuma County Colorado | 1 | $ 236,000 | $ 236,000 | $ 190,000 |
| Summit County Colorado | 1 | $ 133,000 | $ 133,000 | $ 102,000 |
| Sussex County Delaware | 1 | $ 535,000 | $ 535,000 | $ 3,396,000 |
| Valley County Idaho | 1 | $ 190,000 | $ 190,000 | $ 0 |
| Kane County Illinois | 1 | $ 276,000 | $ 276,000 | $ 77,000 |
| Bartholomew County Indiana | 1 | $ 139,000 | $ 139,000 | $ 55,000 |
| Elkhart County Indiana | 1 | $ 150,000 | $ 150,000 | $ 58,000 |
| Harrison County Indiana | 1 | $ 106,000 | $ 106,000 | $ 33,000 |
| LaPorte County Indiana | 1 | $ 71,000 | $ 71,000 | $ 43,000 |
| Morgan County Indiana | 1 | $ 148,000 | $ 148,000 | $ 71,000 |
| Porter County Indiana | 1 | $ 131,000 | $ 131,000 | $ 59,000 |
| Vanderburgh County Indiana | 1 | $ 106,000 | $ 106,000 | $ 27,000 |
| Vigo County Indiana | 1 | $ 143,000 | $ 143,000 | $ 85,000 |
| Shawnee County Kansas | 1 | $ 74,000 | $ 74,000 | $ 37,000 |
| Pulaski County Kentucky | 1 | $ 20,000 | $ 20,000 | $ 24,000 |
| Bay County Michigan | 1 | $ 236,000 | $ 236,000 | $ 54,000 |
| Cheboygan County Michigan | 1 | $ 116,000 | $ 116,000 | $ 115,000 |
| Clinton County Michigan | 1 | $ 125,000 | $ 125,000 | $ 90,000 |
| Huron County Michigan | 1 | $ 136,000 | $ 136,000 | $ 71,000 |
| Ionia County Michigan | 1 | $ 263,000 | $ 263,000 | $ 158,000 |
| Mason County Michigan | 1 | $ 263,000 | $ 263,000 | $ 302,000 |
| Montmorency County Michigan | 1 | $ 121,000 | $ 121,000 | $ 65,000 |
| Osceola County Michigan | 1 | $ 150,000 | $ 150,000 | $ 78,000 |
| Schoolcraft County Michigan | 1 | $ 120,000 | $ 120,000 | $ 65,000 |
| Van Buren County Michigan | 1 | $ 119,000 | $ 119,000 | $ 110,000 |
| Wexford County Michigan | 1 | $ 99,000 | $ 99,000 | $ 103,000 |
| Buchanan County Missouri | 1 | $ 189,000 | $ 189,000 | $ 72,000 |
| Cass County Missouri | 1 | $ 132,000 | $ 132,000 | $ 117,000 |
| Jasper County Missouri | 1 | $ 103,000 | $ 103,000 | $ 28,000 |
| Ralls County Missouri | 1 | $ 75,000 | $ 75,000 | $ 29,000 |
| Wayne County Missouri | 1 | $ 67,000 | $ 67,000 | $ 76,000 |
| Franklin County Ohio | 1 | $ 214,000 | $ 214,000 | $ 113,000 |
| Cleveland County Oklahoma | 1 | $ 272,000 | $ 272,000 | $ 222,000 |
| Washington County Tennessee | 1 | $ 250,000 | $ 250,000 | $ 146,000 |
| Andrews County Texas | 1 | $ 55,000 | $ 55,000 | $ 36,000 |
| Brazoria County Texas | 1 | $ 132,000 | $ 132,000 | $ 51,000 |
| Chambers County Texas | 1 | $ 84,000 | $ 84,000 | $ 70,000 |
| Collin County Texas | 1 | $ 143,000 | $ 143,000 | $ 120,000 |
| Comal County Texas | 1 | $ 85,000 | $ 85,000 | $ 55,000 |
| Denton County Texas | 1 | $ 136,000 | $ 136,000 | $ 144,000 |
| Fort Bend County Texas | 1 | $ 176,000 | $ 176,000 | $ 52,000 |
| Hunt County Texas | 1 | $ 86,000 | $ 86,000 | $ 67,000 |
| Midland County Texas | 1 | $ 156,000 | $ 156,000 | $ 82,000 |
| Randall County Texas | 1 | $ 158,000 | $ 158,000 | $ 80,000 |
| Scurry County Texas | 1 | $ 73,000 | $ 73,000 | $ 32,000 |
| Smith County Texas | 1 | $ 100,000 | $ 100,000 | $ 157,000 |
| Loudoun County Virginia | 1 | $ 204,000 | $ 204,000 | $ 80,000 |
| Pierce County Washington | 1 | $ 280,000 | $ 280,000 | $ 66,000 |
| Snohomish County Washington | 1 | $ 51,000 | $ 51,000 | $ 100,000 |
| Dane County Wisconsin | 1 | $ 162,000 | $ 162,000 | $ 41,000 |
| Oneida County Wisconsin | 1 | $ 20,000 | $ 20,000 | $ 102,000 |
| Ozaukee County Wisconsin | 1 | $ 22,000 | $ 22,000 | $ 90,000 |
| Rock County Wisconsin | 1 | $ 126,000 | $ 126,000 | $ 45,000 |
| Vilas County Wisconsin | 1 | $ 119,000 | $ 119,000 | $ 48,000 |
| Waukesha County Wisconsin | 1 | $ 176,000 | $ 176,000 | $ 96,000 |
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 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 | 2,356 | $324,549,000 | $161,000 | $726,000 | $213,291 | $3,396,000 |
| Refinancing | 1,212 | $225,309,000 | $191,230 | $1,300,000 | $100,769 | $1,183,000 |
| Home Improvement | 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 | 2,783 | $426,791,000 | $176,666 | $1,300,000 | $222,875 | $3,396,000 |
| Not Provided | 371 | $60,835,000 | $150,214 | $650,000 | $72,142 | $686,000 |
| Black or African American | 236 | $36,548,000 | $116,000 | $650,000 | $62,000 | $187,000 |
| Asian | 100 | $14,377,000 | $125,000 | $358,000 | $69,666 | $257,000 |
| Hispanic | 62 | $8,278,000 | $108,600 | $349,000 | $64,000 | $827,000 |
| Native Hawaiian or Other Pacific Islander | 10 | $2,067,000 | $197,000 | $440,000 | $80,666 | $136,000 |
| American Indian or Alaskan Native | 4 | $622,000 | $184,000 | $282,000 | $91,000 | $135,000 |
| Not applicable | 2 | $340,000 | $170,000 | $200,000 | $79,000 | $83,000 |
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) | 3,522 | $543,230,000 | $173,520 | $1,300,000 | $213,680 | $3,396,000 |
| FHA-insured (Federal Housing Administration) | 28 | $3,688,000 | $122,333 | $206,000 | $69,333 | $161,000 |
| VA-guaranteed (Veterans Administration) | 18 | $2,940,000 | $147,000 | $255,000 | $62,500 | $107,000 |
| 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 | 3,466 | $536,473,000 | $183,217 | $1,300,000 | $229,695 | $3,396,000 |
| Application Withdrawn By Applicant | 65 | $8,367,000 | $118,400 | $334,000 | $52,200 | $160,000 |
| Application Denied By Financial Institution | 35 | $4,671,000 | $112,000 | $278,000 | $59,000 | $136,000 |
| Application Approved But Not Accepted | 2 | $347,000 | $173,500 | $320,000 | $98,500 | $137,000 |
| 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 |
|---|---|---|---|---|---|---|
| Collateral | 11 | $1,414,000 | $126,333 | $248,000 | $64,000 | $136,000 |
| Credit History | 7 | $957,000 | $147,000 | $272,000 | $68,500 | $132,000 |
| Debt-To-Income Ratio | 7 | $1,034,000 | $154,666 | $274,000 | $56,000 | $105,000 |
| Other | 4 | $761,000 | $162,000 | $278,000 | $44,500 | $68,000 |
| Employment History | 3 | $307,000 | $82,000 | $249,000 | $71,000 | $90,000 |
| Unverifiable Information | 1 | $158,000 | $158,000 | $158,000 | $46,000 | $46,000 |
| Credit Application Incomplete | 0 | $0 | $0 | $0 | $0 | $0 |
| Insufficient Cash (Downpayment, Closing Cost) | 0 | $0 | $0 | $0 | $0 | $0 |
| Mortgage Insurance Denied | 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.