The State Bank
Mortgage Loan Application
Totals and Details
for 2019
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 The State 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 | The State Bank 175 N Leroy St Fenton, MI 48430 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 | 1,266 |
| Total Mortgage Loan Application Amount | $349,250,000 |
| Average Mortgage Loan Application Amount | $378,800 |
| Highest Mortgage Loan Application Amount | $3,605,000 |
| Average Applicant Income | $142,600 |
| Highest Applicant Income | $3,171,000 |
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 |
|---|---|---|---|---|
| Genesee County Michigan | 515 | $ 129,535,000 | $ 251,000 | $ 171,000 |
| Oakland County Michigan | 274 | $ 86,710,000 | $ 316,000 | $ 156,000 |
| Livingston County Michigan | 167 | $ 53,275,000 | $ 319,000 | $ 150,000 |
| Saginaw County Michigan | 57 | $ 7,935,000 | $ 139,000 | $ 59,000 |
| Macomb County Michigan | 24 | $ 5,910,000 | $ 246,000 | $ 123,000 |
| Wayne County Michigan | 20 | $ 9,740,000 | $ 487,000 | $ 192,000 |
| Washtenaw County Michigan | 16 | $ 7,600,000 | $ 475,000 | $ 286,000 |
| Lapeer County Michigan | 15 | $ 3,505,000 | $ 233,000 | $ 123,000 |
| Shiawassee County Michigan | 15 | $ 2,545,000 | $ 169,000 | $ 77,000 |
| Bay County Michigan | 5 | $ 405,000 | $ 81,000 | $ 81,000 |
| Charlevoix County Michigan | 5 | $ 1,225,000 | $ 245,000 | $ 494,000 |
| Emmet County Michigan | 5 | $ 2,105,000 | $ 421,000 | $ 218,000 |
| Ingham County Michigan | 4 | $ 1,230,000 | $ 307,000 | $ 250,000 |
| Iosco County Michigan | 4 | $ 860,000 | $ 215,000 | $ 164,000 |
| Leelanau County Michigan | 4 | $ 1,160,000 | $ 290,000 | $ 132,000 |
| St. Clair County Michigan | 4 | $ 940,000 | $ 235,000 | $ 80,000 |
| Polk County Florida | 3 | $ 405,000 | $ 135,000 | $ 55,000 |
| Sarasota County Florida | 3 | $ 755,000 | $ 251,000 | $ 162,000 |
| Gladwin County Michigan | 3 | $ 675,000 | $ 225,000 | $ 256,000 |
| Grand Traverse County Michigan | 3 | $ 665,000 | $ 221,000 | $ 95,000 |
| Midland County Michigan | 3 | $ 445,000 | $ 148,000 | $ 191,000 |
| Ottawa County Michigan | 3 | $ 845,000 | $ 281,000 | $ 249,000 |
| Tuscola County Michigan | 3 | $ 275,000 | $ 91,000 | $ 81,000 |
| Orange County California | 2 | $ 790,000 | $ 395,000 | $ 411,000 |
| Denver County Colorado | 2 | $ 850,000 | $ 425,000 | $ 207,000 |
| Broward County Florida | 2 | $ 2,290,000 | $ 1,145,000 | $ 609,000 |
| Collier County Florida | 2 | $ 510,000 | $ 255,000 | $ 382,000 |
| Palm Beach County Florida | 2 | $ 640,000 | $ 320,000 | $ 627,000 |
| Cook County Illinois | 2 | $ 350,000 | $ 175,000 | $ 255,000 |
| Antrim County Michigan | 2 | $ 570,000 | $ 285,000 | $ 209,000 |
| Oceana County Michigan | 2 | $ 160,000 | $ 80,000 | $ 70,000 |
| Ogemaw County Michigan | 2 | $ 180,000 | $ 90,000 | $ 77,000 |
| Mecklenburg County North Carolina | 2 | $ 1,140,000 | $ 570,000 | $ 137,000 |
| Maricopa County Arizona | 1 | $ 535,000 | $ 535,000 | $ 85,000 |
| Jefferson County Colorado | 1 | $ 485,000 | $ 485,000 | $ 153,000 |
| Hillsborough County Florida | 1 | $ 265,000 | $ 265,000 | $ 237,000 |
| Lee County Florida | 1 | $ 425,000 | $ 425,000 | $ 315,000 |
| Marion County Florida | 1 | $ 325,000 | $ 325,000 | $ 68,000 |
| Osceola County Florida | 1 | $ 205,000 | $ 205,000 | $ 140,000 |
| Lake County Illinois | 1 | $ 455,000 | $ 455,000 | $ 230,000 |
| Middlesex County Massachusetts | 1 | $ 1,655,000 | $ 1,655,000 | $ 301,000 |
| Benzie County Michigan | 1 | $ 185,000 | $ 185,000 | $ 232,000 |
| Calhoun County Michigan | 1 | $ 635,000 | $ 635,000 | $ 0 |
| Clinton County Michigan | 1 | $ 225,000 | $ 225,000 | $ 55,000 |
| Eaton County Michigan | 1 | $ 215,000 | $ 215,000 | $ 0 |
| Huron County Michigan | 1 | $ 85,000 | $ 85,000 | $ 143,000 |
| Kalamazoo County Michigan | 1 | $ 1,255,000 | $ 1,255,000 | $ 0 |
| Mason County Michigan | 1 | $ 335,000 | $ 335,000 | $ 494,000 |
| Monroe County Michigan | 1 | $ 805,000 | $ 805,000 | $ 823,000 |
| Montcalm County Michigan | 1 | $ 265,000 | $ 265,000 | $ 188,000 |
| Muskegon County Michigan | 1 | $ 125,000 | $ 125,000 | $ 64,000 |
| Newaygo County Michigan | 1 | $ 155,000 | $ 155,000 | $ 99,000 |
| Otsego County Michigan | 1 | $ 65,000 | $ 65,000 | $ 146,000 |
| Roscommon County Michigan | 1 | $ 35,000 | $ 35,000 | $ 56,000 |
| Sanilac County Michigan | 1 | $ 95,000 | $ 95,000 | $ 33,000 |
| Warren County New Jersey | 1 | $ 265,000 | $ 265,000 | $ 75,000 |
| Moore County North Carolina | 1 | $ 235,000 | $ 235,000 | $ 79,000 |
| Union County North Carolina | 1 | $ 485,000 | $ 485,000 | $ 270,000 |
| Wayne County North Carolina | 1 | $ 65,000 | $ 65,000 | $ 54,000 |
| Portage County Ohio | 1 | $ 85,000 | $ 85,000 | $ 183,000 |
| Summit County Ohio | 1 | $ 85,000 | $ 85,000 | $ 117,000 |
| Lehigh County Pennsylvania | 1 | $ 265,000 | $ 265,000 | $ 75,000 |
| Pickens County South Carolina | 1 | $ 1,005,000 | $ 1,005,000 | $ 395,000 |
| Fort Bend County Texas | 1 | $ 265,000 | $ 265,000 | $ 127,000 |
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 The State Bank in 2019
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 | 705 | $204,755,000 | $290,000 | $3,375,000 | $148,000 | $3,171,000 |
| Refinancing | 328 | $83,730,000 | $255,000 | $3,605,000 | $150,000 | $1,285,000 |
| Cash-out Refinancing | 207 | $47,645,000 | $230,000 | $1,605,000 | $197,000 | $2,484,000 |
| Home Improvement | 23 | $11,225,000 | $488,000 | $3,005,000 | $218,000 | $750,000 |
| Other Purpose | 3 | $1,895,000 | $631,000 | $1,805,000 | $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 | 1,121 | $294,885,000 | $263,000 | $3,375,000 | $158,000 | $3,171,000 |
| Not Provided | 84 | $29,260,000 | $348,000 | $2,925,000 | $180,000 | $897,000 |
| Not applicable | 16 | $13,450,000 | $840,000 | $3,605,000 | $0 | $0 |
| Hispanic | 14 | $2,280,000 | $162,000 | $505,000 | $83,000 | $264,000 |
| Black or African American | 13 | $4,145,000 | $318,000 | $1,175,000 | $114,000 | $240,000 |
| Asian | 11 | $3,805,000 | $345,000 | $1,655,000 | $162,000 | $301,000 |
| American Indian or Alaskan Native | 6 | $1,400,000 | $233,000 | $505,000 | $93,000 | $136,000 |
| Native Hawaiian or Other Pacific Islander | 1 | $25,000 | $25,000 | $25,000 | $117,000 | $117,000 |
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) | 1,266 | $349,250,000 | $275,000 | $3,605,000 | $158,000 | $3,171,000 |
| FHA-insured (Federal Housing Administration) | 0 | $0 | $0 | $0 | $0 | $0 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) | 0 | $0 | $0 | $0 | $0 | $0 |
| VA-guaranteed (Veterans Administration) | 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 | 994 | $278,120,000 | $279,000 | $3,005,000 | $169,000 | $3,171,000 |
| Application Withdrawn By Applicant | 109 | $26,885,000 | $246,000 | $1,515,000 | $129,000 | $520,000 |
| Preapproval Denied by Financial Institution | 55 | $9,825,000 | $178,000 | $535,000 | $75,000 | $577,000 |
| Application Denied By Financial Institution | 51 | $20,215,000 | $396,000 | $3,605,000 | $115,000 | $714,000 |
| Application Approved But Not Accepted | 37 | $8,935,000 | $241,000 | $635,000 | $147,000 | $608,000 |
| File Closed For Incompleteness | 18 | $4,940,000 | $274,000 | $765,000 | $137,000 | $267,000 |
| Preapproval Approved but not Accepted | 2 | $330,000 | $165,000 | $165,000 | $73,000 | $92,000 |
| 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 | 1,160 | $319,210,000 | $275,000 | $3,005,000 | $163,000 | $3,171,000 |
| Credit History | 49 | $8,265,000 | $168,000 | $535,000 | $86,000 | $577,000 |
| Debt-To-Income Ratio | 31 | $11,645,000 | $375,000 | $3,375,000 | $80,000 | $714,000 |
| Insufficient Cash (Downpayment, Closing Cost) | 14 | $4,070,000 | $290,000 | $1,805,000 | $86,000 | $264,000 |
| Collateral | 5 | $1,155,000 | $231,000 | $455,000 | $235,000 | $300,000 |
| Other | 3 | $4,115,000 | $1,371,000 | $3,605,000 | $180,000 | $320,000 |
| Unverifiable Information | 2 | $260,000 | $130,000 | $205,000 | $81,000 | $118,000 |
| Credit Application Incomplete | 2 | $530,000 | $265,000 | $265,000 | $86,000 | $86,000 |
| Employment History | 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.