Top Flite Financial, Inc.
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 Top Flite Financial, Inc..
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 Top Flite Financial, Inc.
123 E Grand River Ave
Williamston, MI 48895
Tel #: available with data download
Federal Regulator * available with data download
Years 2022  2021  2020  2019  2018  2017  2016  2015  2014  2013  
Total Number of Mortgage Applications 8,584
Total Mortgage Loan Application Amount $2,147,030,000
Average Mortgage Loan Application Amount $258,666
Highest Mortgage Loan Application Amount $13,005,000
Average Applicant Income $85,666
Highest Applicant Income $1,176,000

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 Top Flite Financial, Inc. by Metropolitan Area in 2019

Metro Area Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Application Amount Average Applicant Income
NA (OUTSIDE OF MSA/MD) 1,027 $ 156,355,000 $ 176,269 $ 76,653
ATLANTA-SANDY SPRINGS-ROSWELL, GA 518 $ 114,070,000 $ 220,000 $ 83,000
LOS ANGELES-LONG BEACH-GLENDALE, CA 453 $ 184,575,000 $ 407,000 $ 110,000
RIVERSIDE-SAN BERNARDINO-ONTARIO, CA 393 $ 125,645,000 $ 319,000 $ 94,000
PHOENIX-MESA-SCOTTSDALE, AZ 288 $ 65,880,000 $ 228,000 $ 78,000
TAMPA-ST. PETERSBURG-CLEARWATER, FL 272 $ 56,910,000 $ 209,000 $ 82,000
ORLANDO-KISSIMMEE-SANFORD, FL 229 $ 48,135,000 $ 210,000 $ 75,000
ST. LOUIS, MO-IL 222 $ 40,640,000 $ 181,500 $ 81,500
SACRAMENTO--ROSEVILLE--ARDEN-ARCADE, CA 190 $ 61,280,000 $ 322,000 $ 103,000
SEATTLE-BELLEVUE-EVERETT, WA 190 $ 76,640,000 $ 403,000 $ 129,000
DENVER-AURORA-LAKEWOOD, CO 184 $ 56,540,000 $ 307,000 $ 93,000
INDIANAPOLIS-CARMEL-ANDERSON, IN 172 $ 32,220,000 $ 187,000 $ 79,000
OAKLAND-HAYWARD-BERKELEY, CA 160 $ 76,980,000 $ 481,000 $ 133,000
FORT LAUDERDALE-POMPANO BEACH-DEERFIELD BEACH, FL 159 $ 40,565,000 $ 255,000 $ 83,000
MIAMI-MIAMI BEACH-KENDALL, FL 154 $ 39,780,000 $ 258,000 $ 83,000
SAN DIEGO-CARLSBAD, CA 142 $ 62,980,000 $ 443,000 $ 110,000
JACKSONVILLE, FL 131 $ 26,945,000 $ 205,000 $ 75,000
WEST PALM BEACH-BOCA RATON-DELRAY BEACH, FL 121 $ 29,115,000 $ 240,000 $ 82,000
GRAND RAPIDS-WYOMING, MI 102 $ 17,620,000 $ 172,000 $ 70,000
PHILADELPHIA, PA 102 $ 19,860,000 $ 194,000 $ 78,000
ANAHEIM-SANTA ANA-IRVINE, CA 96 $ 49,100,000 $ 511,000 $ 138,000
GARY, IN 96 $ 19,200,000 $ 200,000 $ 88,000
MONTGOMERY COUNTY-BUCKS COUNTY-CHESTER COUNTY, PA 95 $ 24,405,000 $ 256,000 $ 93,000
CLEVELAND-ELYRIA, OH 87 $ 14,965,000 $ 172,000 $ 73,000
KANSAS CITY, MO-KS 85 $ 17,595,000 $ 207,000 $ 87,000
VALLEJO-FAIRFIELD, CA 82 $ 31,140,000 $ 379,000 $ 117,000
CAPE CORAL-FORT MYERS, FL 74 $ 15,540,000 $ 210,000 $ 73,000
PITTSBURGH, PA 74 $ 13,950,000 $ 188,000 $ 81,000
STOCKTON-LODI, CA 74 $ 22,900,000 $ 309,000 $ 95,000
FRESNO, CA 68 $ 15,780,000 $ 232,000 $ 95,000
WARREN-TROY-FARMINGTON HILLS, MI 67 $ 10,705,000 $ 159,000 $ 76,000
BAKERSFIELD, CA 65 $ 13,975,000 $ 215,000 $ 79,000
CHICAGO-NAPERVILLE, IL 65 $ 12,785,000 $ 196,000 $ 84,000
COLORADO SPRINGS, CO 64 $ 16,540,000 $ 258,000 $ 95,000
NORTH PORT-SARASOTA-BRADENTON, FL 64 $ 14,110,000 $ 220,000 $ 77,000
PORT ST. LUCIE, FL 62 $ 13,030,000 $ 210,000 $ 87,000
DELTONA-DAYTONA BEACH-ORMOND BEACH, FL 61 $ 9,925,000 $ 162,000 $ 61,000
LAKELAND-WINTER HAVEN, FL 58 $ 11,900,000 $ 205,000 $ 66,000
OXNARD-THOUSAND OAKS-VENTURA, CA 56 $ 26,740,000 $ 477,000 $ 135,000
AKRON, OH 55 $ 7,525,000 $ 136,000 $ 67,000
VISALIA-PORTERVILLE, CA 55 $ 11,115,000 $ 202,000 $ 80,000
YOUNGSTOWN-WARREN-BOARDMAN, OH-PA 55 $ 7,035,000 $ 124,000 $ 65,000
PALM BAY-MELBOURNE-TITUSVILLE, FL 53 $ 10,515,000 $ 198,000 $ 72,000
MODESTO, CA 51 $ 12,875,000 $ 252,000 $ 76,000
SAN FRANCISCO-REDWOOD CITY-SOUTH SAN FRANCISCO, CA 48 $ 28,870,000 $ 601,000 $ 122,000
SAN JOSE-SUNNYVALE-SANTA CLARA, CA 47 $ 39,965,000 $ 850,000 $ 159,000
ALLENTOWN-BETHLEHEM-EASTON, PA-NJ 41 $ 8,615,000 $ 210,000 $ 81,000
EVANSVILLE, IN-KY 41 $ 6,965,000 $ 164,500 $ 65,500
DES MOINES-WEST DES MOINES, IA 39 $ 6,985,000 $ 179,000 $ 91,000
GREELEY, CO 35 $ 8,775,000 $ 250,000 $ 72,000
PENSACOLA-FERRY PASS-BRENT, FL 34 $ 7,330,000 $ 215,000 $ 77,000
KNOXVILLE, TN 33 $ 7,915,000 $ 239,000 $ 100,000
TUCSON, AZ 33 $ 6,025,000 $ 182,000 $ 84,000
OWENSBORO, KY 32 $ 4,200,000 $ 131,000 $ 58,000
OCALA, FL 30 $ 5,790,000 $ 193,000 $ 94,000
SANTA MARIA-SANTA BARBARA, CA 30 $ 12,100,000 $ 403,000 $ 98,000
TACOMA-LAKEWOOD, WA 30 $ 6,360,000 $ 212,000 $ 87,000
HOUSTON-THE WOODLANDS-SUGAR LAND, TX 28 $ 6,090,000 $ 217,000 $ 131,000
MERCED, CA 28 $ 7,700,000 $ 275,000 $ 68,000
FORT WAYNE, IN 26 $ 4,620,000 $ 177,000 $ 89,000
HOT SPRINGS, AR 24 $ 2,450,000 $ 102,000 $ 58,000
YORK-HANOVER, PA 24 $ 4,020,000 $ 167,000 $ 61,000
LANCASTER, PA 23 $ 4,385,000 $ 190,000 $ 64,000
SPOKANE-SPOKANE VALLEY, WA 23 $ 4,205,000 $ 182,000 $ 68,000
AMARILLO, TX 22 $ 2,610,000 $ 118,000 $ 57,000
YUBA CITY, CA 22 $ 6,930,000 $ 315,000 $ 105,000
CANTON-MASSILLON, OH 21 $ 2,985,000 $ 142,000 $ 63,000
CHICO, CA 20 $ 4,560,000 $ 228,000 $ 90,000
FORT COLLINS, CO 20 $ 5,220,000 $ 261,000 $ 109,000
LOUISVILLE/JEFFERSON COUNTY, KY-IN 20 $ 3,390,000 $ 169,500 $ 75,500
SCRANTON--WILKES-BARRE--HAZLETON, PA 20 $ 3,190,000 $ 159,000 $ 70,000
CRESTVIEW-FORT WALTON BEACH-DESTIN, FL 19 $ 4,185,000 $ 220,000 $ 69,000
GRAND JUNCTION, CO 19 $ 3,945,000 $ 207,000 $ 55,000
PUNTA GORDA, FL 19 $ 4,505,000 $ 237,000 $ 73,000
SAN LUIS OBISPO-PASO ROBLES-ARROYO GRANDE, CA 19 $ 6,315,000 $ 332,000 $ 111,000
BLOOMINGTON, IN 18 $ 3,170,000 $ 176,000 $ 86,000
DETROIT-DEARBORN-LIVONIA, MI 18 $ 3,790,000 $ 210,000 $ 82,000
EAST STROUDSBURG, PA 18 $ 3,050,000 $ 169,000 $ 80,000
GAINESVILLE, FL 18 $ 3,080,000 $ 171,000 $ 68,000
HARRISBURG-CARLISLE, PA 18 $ 3,200,000 $ 177,000 $ 73,000
JACKSON, MI 17 $ 2,345,000 $ 137,000 $ 56,000
MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI 17 $ 6,285,000 $ 369,000 $ 185,000
NAPLES-IMMOKALEE-MARCO ISLAND, FL 17 $ 4,545,000 $ 267,000 $ 82,000
SPRINGFIELD, MO 17 $ 3,025,000 $ 177,000 $ 81,000
CARBONDALE-MARION, IL 16 $ 1,380,000 $ 86,000 $ 51,000
MADERA, CA 16 $ 3,300,000 $ 206,000 $ 84,000
PANAMA CITY, FL 16 $ 3,290,000 $ 205,000 $ 63,000
READING, PA 16 $ 2,800,000 $ 175,000 $ 137,000
SAVANNAH, GA 16 $ 3,260,000 $ 203,000 $ 60,000
SANTA CRUZ-WATSONVILLE, CA 15 $ 6,345,000 $ 423,000 $ 124,000
COLUMBUS, GA-AL 14 $ 2,370,000 $ 169,000 $ 141,000
GAINESVILLE, GA 14 $ 2,980,000 $ 212,000 $ 74,000
TALLAHASSEE, FL 14 $ 2,740,000 $ 195,000 $ 70,000
HOMOSASSA SPRINGS, FL 13 $ 2,305,000 $ 177,000 $ 63,000
LITTLE ROCK-NORTH LITTLE ROCK-CONWAY, AR 13 $ 2,365,000 $ 181,000 $ 66,000
SALINAS, CA 13 $ 5,425,000 $ 417,000 $ 143,000
LANSING-EAST LANSING, MI 12 $ 1,750,000 $ 145,000 $ 64,000
PORTLAND-VANCOUVER-HILLSBORO, OR-WA 12 $ 3,730,000 $ 310,000 $ 87,000
SANTA ROSA, CA 12 $ 5,230,000 $ 435,000 $ 99,000
TYLER, TX 12 $ 2,880,000 $ 240,000 $ 149,000
KALAMAZOO-PORTAGE, MI 11 $ 2,625,000 $ 238,000 $ 76,000
PUEBLO, CO 11 $ 1,915,000 $ 174,000 $ 54,000
SALEM, OR 11 $ 3,335,000 $ 303,000 $ 89,000
SOUTH BEND-MISHAWAKA, IN-MI 11 $ 1,865,000 $ 169,000 $ 82,000
AUGUSTA-RICHMOND COUNTY, GA-SC 10 $ 1,730,000 $ 173,000 $ 63,000
BOWLING GREEN, KY 10 $ 2,040,000 $ 204,000 $ 67,000
LEBANON, PA 10 $ 1,610,000 $ 161,000 $ 51,000
WILLIAMSPORT, PA 10 $ 1,750,000 $ 175,000 $ 67,000
ALBANY, GA 9 $ 1,275,000 $ 141,000 $ 84,000
ATHENS-CLARKE COUNTY, GA 9 $ 1,315,000 $ 146,000 $ 61,000
BOULDER, CO 9 $ 2,845,000 $ 316,000 $ 111,000
ELKHART-GOSHEN, IN 9 $ 1,435,000 $ 159,000 $ 52,000
SAN RAFAEL, CA 9 $ 5,345,000 $ 593,000 $ 140,000
STATE COLLEGE, PA 9 $ 1,585,000 $ 176,000 $ 60,000
BRUNSWICK, GA 8 $ 2,250,000 $ 281,000 $ 100,000
ERIE, PA 8 $ 1,050,000 $ 131,000 $ 63,000
GETTYSBURG, PA 8 $ 1,310,000 $ 163,000 $ 65,000
KOKOMO, IN 8 $ 1,370,000 $ 171,000 $ 114,000
SANTA FE, NM 8 $ 1,990,000 $ 248,000 $ 80,000
SEBRING, FL 8 $ 1,310,000 $ 163,000 $ 53,000
ST. JOSEPH, MO-KS 8 $ 1,810,000 $ 226,000 $ 183,000
CHATTANOOGA, TN-GA 7 $ 1,085,000 $ 155,000 $ 79,000
JEFFERSON CITY, MO 7 $ 1,085,000 $ 155,000 $ 69,000
JOPLIN, MO 7 $ 905,000 $ 129,000 $ 77,000
LAKE HAVASU CITY-KINGMAN, AZ 7 $ 1,585,000 $ 226,000 $ 115,000
MONROE, MI 7 $ 1,295,000 $ 185,000 $ 84,000
MUSKEGON, MI 7 $ 1,175,000 $ 167,000 $ 66,000
NAPA, CA 7 $ 3,215,000 $ 459,000 $ 99,000
CHAMBERSBURG-WAYNESBORO, PA 6 $ 1,070,000 $ 178,000 $ 73,000
COLUMBIA, MO 6 $ 990,000 $ 165,000 $ 114,000
EL CENTRO, CA 6 $ 1,060,000 $ 176,000 $ 112,000
ELGIN, IL 6 $ 1,160,000 $ 193,000 $ 78,000
EUGENE, OR 6 $ 1,790,000 $ 298,000 $ 82,000
FORT WORTH-ARLINGTON, TX 6 $ 1,710,000 $ 285,000 $ 119,000
HANFORD-CORCORAN, CA 6 $ 1,120,000 $ 186,000 $ 72,000
LAFAYETTE-WEST LAFAYETTE, IN 6 $ 760,000 $ 126,000 $ 74,000
JONESBORO, AR 5 $ 675,000 $ 135,000 $ 43,000
KANKAKEE, IL 5 $ 615,000 $ 123,000 $ 53,000
MICHIGAN CITY-LA PORTE, IN 5 $ 745,000 $ 149,000 $ 47,000
OLYMPIA-TUMWATER, WA 5 $ 1,745,000 $ 349,000 $ 79,000
PRESCOTT VALLEY-PRESCOTT, AZ 5 $ 1,215,000 $ 243,000 $ 69,000
REDDING, CA 5 $ 1,105,000 $ 221,000 $ 53,000
THE VILLAGES, FL 5 $ 1,205,000 $ 241,000 $ 95,000
ALTOONA, PA 4 $ 750,000 $ 187,000 $ 47,000
CINCINNATI, OH-KY-IN 4 $ 650,000 $ 162,000 $ 62,000
DALLAS-PLANO-IRVING, TX 4 $ 1,090,000 $ 272,000 $ 81,000
MONTGOMERY, AL 4 $ 270,000 $ 67,000 $ 359,000
MORRISTOWN, TN 4 $ 550,000 $ 137,000 $ 54,000
SEBASTIAN-VERO BEACH, FL 4 $ 620,000 $ 155,000 $ 43,000
TERRE HAUTE, IN 4 $ 720,000 $ 180,000 $ 65,000
WARNER ROBINS, GA 4 $ 540,000 $ 135,000 $ 91,000
YUMA, AZ 4 $ 310,000 $ 77,000 $ 26,000
BLOOMSBURG-BERWICK, PA 3 $ 515,000 $ 171,000 $ 75,000
BREMERTON-SILVERDALE, WA 3 $ 965,000 $ 321,000 $ 122,000
CAPE GIRARDEAU, MO-IL 3 $ 595,000 $ 198,000 $ 51,000
CLARKSVILLE, TN-KY 3 $ 415,000 $ 138,000 $ 51,000
COLUMBUS, IN 3 $ 625,000 $ 208,000 $ 48,000
DALTON, GA 3 $ 615,000 $ 205,000 $ 75,000
FAYETTEVILLE-SPRINGDALE-ROGERS, AR-MO 3 $ 475,000 $ 158,000 $ 89,000
FLAGSTAFF, AZ 3 $ 1,285,000 $ 428,000 $ 387,000
HINESVILLE, GA 3 $ 705,000 $ 235,000 $ 90,000
MACON-BIBB COUNTY, GA 3 $ 525,000 $ 175,000 $ 50,000
MOUNT VERNON-ANACORTES, WA 3 $ 815,000 $ 271,000 $ 54,000
NEWARK, NJ-PA 3 $ 525,000 $ 175,000 $ 87,000
NILES-BENTON HARBOR, MI 3 $ 435,000 $ 145,000 $ 43,000
PINE BLUFF, AR 3 $ 495,000 $ 165,000 $ 54,000
ROME, GA 3 $ 365,000 $ 121,000 $ 41,000
BATTLE CREEK, MI 2 $ 170,000 $ 85,000 $ 85,000
CEDAR RAPIDS, IA 2 $ 940,000 $ 470,000 $ 85,000
FLINT, MI 2 $ 380,000 $ 190,000 $ 48,000
GRAND FORKS, ND-MN 2 $ 620,000 $ 310,000 $ 106,000
GRANTS PASS, OR 2 $ 520,000 $ 260,000 $ 65,000
JACKSON, MS 2 $ 230,000 $ 115,000 $ 40,000
JOHNSTOWN, PA 2 $ 340,000 $ 170,000 $ 57,000
KENNEWICK-RICHLAND, WA 2 $ 230,000 $ 115,000 $ 84,000
KINGSPORT-BRISTOL-BRISTOL, TN-VA 2 $ 250,000 $ 125,000 $ 38,000
LEXINGTON-FAYETTE, KY 2 $ 190,000 $ 95,000 $ 34,000
MIDLAND, MI 2 $ 350,000 $ 175,000 $ 43,000
MUNCIE, IN 2 $ 400,000 $ 200,000 $ 82,000
SIERRA VISTA-DOUGLAS, AZ 2 $ 270,000 $ 135,000 $ 69,000
TEXARKANA, TX-AR 2 $ 370,000 $ 185,000 $ 107,000
ALBUQUERQUE, NM 1 $ 145,000 $ 145,000 $ 69,000
AMES, IA 1 $ 295,000 $ 295,000 $ 180,000
ANN ARBOR, MI 1 $ 185,000 $ 185,000 $ 110,000
AUSTIN-ROUND ROCK, TX 1 $ 485,000 $ 485,000 $ 233,000
BANGOR, ME 1 $ 105,000 $ 105,000 $ 68,000
BEND-REDMOND, OR 1 $ 305,000 $ 305,000 $ 90,000
COLUMBIA, SC 1 $ 215,000 $ 215,000 $ 80,000
COLUMBUS, OH 1 $ 335,000 $ 335,000 $ 115,000
CORPUS CHRISTI, TX 1 $ 205,000 $ 205,000 $ 78,000
DANVILLE, IL 1 $ 305,000 $ 305,000 $ 52,000
DAYTON-SPRINGFIELD-KETTERING, OH 1 $ 125,000 $ 125,000 $ 40,000
GREENVILLE-ANDERSON-MAULDIN, SC 1 $ 75,000 $ 75,000 $ 31,000
LAKE COUNTY-KENOSHA COUNTY, IL-WI 1 $ 85,000 $ 85,000 $ 30,000
MIDLAND, TX 1 $ 245,000 $ 245,000 $ 134,000
NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN 1 $ 315,000 $ 315,000 $ 183,000
PEORIA, IL 1 $ 115,000 $ 115,000 $ 75,000
PORTLAND-SOUTH PORTLAND, ME 1 $ 235,000 $ 235,000 $ 64,000
ROCKFORD, IL 1 $ 105,000 $ 105,000 $ 85,000
SAGINAW, MI 1 $ 115,000 $ 115,000 $ 42,000
SPARTANBURG, SC 1 $ 305,000 $ 305,000 $ 65,000
SPRINGFIELD, IL 1 $ 155,000 $ 155,000 $ 73,000
SPRINGFIELD, OH 1 $ 175,000 $ 175,000 $ 127,000
VALDOSTA, GA 1 $ 125,000 $ 125,000 $ 71,000
VICTORIA, TX 1 $ 175,000 $ 175,000 $ 52,000
WACO, TX 1 $ 605,000 $ 605,000 $ 447,000
YAKIMA, WA 1 $ 385,000 $ 385,000 $ 113,000

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 Top Flite Financial, Inc. 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
Cash-out Refinancing 5,397 $1,449,905,000 $268,000 $13,005,000 $89,000 $1,020,000
Home Purchase 1,808 $320,720,000 $177,000 $1,355,000 $74,000 $1,176,000
Refinancing 690 $199,210,000 $288,000 $1,755,000 $103,000 $856,000
Other Purpose 640 $165,670,000 $258,000 $1,355,000 $86,000 $548,000
Home Improvement 47 $10,865,000 $231,000 $605,000 $75,000 $204,000
Not Applicable 2 $660,000 $330,000 $615,000 $87,000 $120,000

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 6,015 $1,453,865,000 $241,000 $4,655,000 $87,000 $1,176,000
Hispanic 1,159 $313,695,000 $270,000 $1,365,000 $81,000 $523,000
Black or African American 676 $159,310,000 $235,000 $1,225,000 $77,000 $548,000
Not Provided 547 $149,175,000 $272,000 $1,755,000 $96,000 $1,020,000
Asian 134 $57,460,000 $428,000 $13,005,000 $115,000 $698,000
American Indian or Alaskan Native 23 $4,745,000 $206,000 $435,000 $84,000 $180,000
Native Hawaiian or Other Pacific Islander 16 $4,540,000 $283,000 $565,000 $97,000 $222,000
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
FHA-insured (Federal Housing Administration) 5,057 $1,170,365,000 $231,000 $1,275,000 $78,000 $1,020,000
Conventional (any loan other than FHA, VA, FSA, or RHS loans) 2,518 $743,060,000 $295,000 $13,005,000 $109,000 $1,176,000
VA-guaranteed (Veterans Administration) 724 $200,230,000 $276,000 $935,000 $86,000 $503,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 285 $33,375,000 $117,000 $425,000 $48,000 $124,000

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
Application Withdrawn By Applicant 4,469 $1,201,275,000 $268,000 $13,005,000 $91,000 $1,176,000
Application Denied By Financial Institution 2,079 $512,945,000 $246,000 $1,755,000 $79,000 $1,020,000
Loan Originated 1,862 $385,900,000 $207,000 $805,000 $82,000 $747,000
File Closed For Incompleteness 153 $41,975,000 $274,000 $1,035,000 $101,000 $614,000
Application Approved But Not Accepted 21 $4,935,000 $235,000 $555,000 $98,000 $235,000
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
Not applicable 6,505 $1,634,085,000 $251,000 $13,005,000 $89,000 $1,176,000
Credit History 754 $184,770,000 $245,000 $1,755,000 $88,000 $1,020,000
Debt-To-Income Ratio 712 $182,860,000 $256,000 $1,155,000 $71,000 $856,000
Other 285 $74,485,000 $261,000 $1,165,000 $78,000 $548,000
Collateral 217 $45,165,000 $208,000 $965,000 $79,000 $252,000
Credit Application Incomplete 61 $16,485,000 $270,000 $935,000 $97,000 $363,000
Unverifiable Information 24 $4,560,000 $190,000 $475,000 $75,000 $229,000
Insufficient Cash (Downpayment, Closing Cost) 15 $2,885,000 $192,000 $485,000 $66,000 $208,000
Employment History 10 $1,640,000 $164,000 $375,000 $57,000 $124,000
Mortgage Insurance Denied 1 $95,000 $95,000 $95,000 $51,000 $51,000

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.

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