Union Financial Services, Inc.
Mortgage Loan Application
Totals and Details
for 2007
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 Union Financial Services, 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 | Union Financial Services, Inc. 2073 E Maple Rd Troy, MI 48083 Tel #: available with data download |
| Federal Regulator | * available with data download |
| Years | 2008 2007 2006 |
| Total Number of Mortgage Applications | 718 |
| Total Mortgage Loan Application Amount | $112,330,000 |
| Average Mortgage Loan Application Amount | $142,000 |
| Highest Mortgage Loan Application Amount | $800,000 |
| Average Applicant Income | $49,000 |
| Highest Applicant Income | $465,000 |
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 | 200 | $ 27,642,000 | $ 138,000 | $ 56,000 |
| Oakland County Michigan | 155 | $ 28,245,000 | $ 182,000 | $ 74,000 |
| Macomb County Michigan | 99 | $ 15,828,000 | $ 159,000 | $ 62,000 |
| Livingston County Michigan | 20 | $ 4,976,000 | $ 248,000 | $ 84,000 |
| Washtenaw County Michigan | 18 | $ 2,965,000 | $ 164,000 | $ 67,000 |
| St. Clair County Michigan | 16 | $ 2,457,000 | $ 153,000 | $ 47,000 |
| Kent County Michigan | 9 | $ 1,128,000 | $ 125,000 | $ 56,000 |
| Ingham County Michigan | 8 | $ 980,000 | $ 122,000 | $ 57,000 |
| Lapeer County Michigan | 8 | $ 1,348,000 | $ 168,000 | $ 54,000 |
| Genesee County Michigan | 7 | $ 867,000 | $ 123,000 | $ 64,000 |
| Monroe County Michigan | 7 | $ 1,233,000 | $ 176,000 | $ 45,000 |
| Jackson County Michigan | 6 | $ 1,166,000 | $ 194,000 | $ 83,000 |
| Marion County Indiana | 4 | $ 756,000 | $ 189,000 | $ 122,000 |
| Hillsdale County Michigan | 4 | $ 469,000 | $ 117,000 | $ 33,000 |
| Bay County Michigan | 3 | $ 342,000 | $ 114,000 | $ 40,000 |
| Calhoun County Michigan | 3 | $ 395,000 | $ 131,000 | $ 45,000 |
| Kalamazoo County Michigan | 3 | $ 565,000 | $ 188,000 | $ 84,000 |
| Van Buren County Michigan | 3 | $ 745,000 | $ 248,000 | $ 90,000 |
| Hamilton County Indiana | 2 | $ 218,000 | $ 109,000 | $ 82,000 |
| Lake County Indiana | 2 | $ 333,000 | $ 166,000 | $ 72,000 |
| Allegan County Michigan | 2 | $ 287,000 | $ 143,000 | $ 58,000 |
| Berrien County Michigan | 2 | $ 245,000 | $ 122,000 | $ 60,000 |
| Chippewa County Michigan | 2 | $ 210,000 | $ 105,000 | $ 26,000 |
| Clare County Michigan | 2 | $ 423,000 | $ 211,000 | $ 58,000 |
| Crawford County Michigan | 2 | $ 211,000 | $ 105,000 | $ 50,000 |
| Eaton County Michigan | 2 | $ 325,000 | $ 162,000 | $ 46,000 |
| Grand Traverse County Michigan | 2 | $ 243,000 | $ 121,000 | $ 39,000 |
| Houghton County Michigan | 2 | $ 87,000 | $ 43,000 | $ 22,000 |
| Lenawee County Michigan | 2 | $ 317,000 | $ 158,000 | $ 48,000 |
| Manistee County Michigan | 2 | $ 262,000 | $ 131,000 | $ 45,000 |
| Menominee County Michigan | 2 | $ 285,000 | $ 142,000 | $ 43,000 |
| Oscoda County Michigan | 2 | $ 309,000 | $ 154,000 | $ 56,000 |
| Ottawa County Michigan | 2 | $ 244,000 | $ 122,000 | $ 46,000 |
| Sanilac County Michigan | 2 | $ 128,000 | $ 64,000 | $ 70,000 |
| Shiawassee County Michigan | 2 | $ 261,000 | $ 130,000 | $ 75,000 |
| Wexford County Michigan | 2 | $ 380,000 | $ 190,000 | $ 36,000 |
| Boone County Indiana | 1 | $ 124,000 | $ 124,000 | $ 66,000 |
| Carroll County Indiana | 1 | $ 194,000 | $ 194,000 | $ 132,000 |
| Delaware County Indiana | 1 | $ 201,000 | $ 201,000 | $ 130,000 |
| Elkhart County Indiana | 1 | $ 171,000 | $ 171,000 | $ 119,000 |
| Harrison County Indiana | 1 | $ 203,000 | $ 203,000 | $ 69,000 |
| Hendricks County Indiana | 1 | $ 315,000 | $ 315,000 | $ 53,000 |
| Jackson County Indiana | 1 | $ 138,000 | $ 138,000 | $ 65,000 |
| Jennings County Indiana | 1 | $ 165,000 | $ 165,000 | $ 76,000 |
| Johnson County Indiana | 1 | $ 137,000 | $ 137,000 | $ 66,000 |
| Kosciusko County Indiana | 1 | $ 514,000 | $ 514,000 | $ 162,000 |
| LaPorte County Indiana | 1 | $ 246,000 | $ 246,000 | $ 68,000 |
| Marshall County Indiana | 1 | $ 159,000 | $ 159,000 | $ 109,000 |
| Porter County Indiana | 1 | $ 77,000 | $ 77,000 | $ 16,000 |
| Tippecanoe County Indiana | 1 | $ 122,000 | $ 122,000 | $ 102,000 |
| Antrim County Michigan | 1 | $ 800,000 | $ 800,000 | $ 144,000 |
| Cass County Michigan | 1 | $ 112,000 | $ 112,000 | $ 24,000 |
| Charlevoix County Michigan | 1 | $ 115,000 | $ 115,000 | $ 46,000 |
| Delta County Michigan | 1 | $ 72,000 | $ 72,000 | $ 42,000 |
| Emmet County Michigan | 1 | $ 26,000 | $ 26,000 | $ 31,000 |
| Gladwin County Michigan | 1 | $ 117,000 | $ 117,000 | $ 49,000 |
| Huron County Michigan | 1 | $ 277,000 | $ 277,000 | $ 95,000 |
| Ionia County Michigan | 1 | $ 191,000 | $ 191,000 | $ 133,000 |
| Iosco County Michigan | 1 | $ 295,000 | $ 295,000 | $ 73,000 |
| Iron County Michigan | 1 | $ 39,000 | $ 39,000 | $ 34,000 |
| Leelanau County Michigan | 1 | $ 417,000 | $ 417,000 | $ 300,000 |
| Marquette County Michigan | 1 | $ 150,000 | $ 150,000 | $ 47,000 |
| Mason County Michigan | 1 | $ 203,000 | $ 203,000 | $ 30,000 |
| Mecosta County Michigan | 1 | $ 136,000 | $ 136,000 | $ 55,000 |
| Muskegon County Michigan | 1 | $ 225,000 | $ 225,000 | $ 93,000 |
| Oceana County Michigan | 1 | $ 303,000 | $ 303,000 | $ 67,000 |
| Ogemaw County Michigan | 1 | $ 140,000 | $ 140,000 | $ 49,000 |
| Presque Isle County Michigan | 1 | $ 54,000 | $ 54,000 | $ 75,000 |
| Saginaw County Michigan | 1 | $ 104,000 | $ 104,000 | $ 28,000 |
| St. Joseph County Michigan | 1 | $ 130,000 | $ 130,000 | $ 50,000 |
| Tuscola County Michigan | 1 | $ 75,000 | $ 75,000 | $ 30,000 |
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 Union Financial Services, Inc. in 2007
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 | 614 | $99,441,000 | $161,000 | $800,000 | $64,000 | $465,000 |
| Home Purchase | 104 | $12,889,000 | $123,000 | $375,000 | $34,000 | $158,000 |
| 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 | 567 | $92,729,000 | $163,000 | $800,000 | $65,000 | $465,000 |
| Black or African American | 122 | $15,215,000 | $124,000 | $529,000 | $41,000 | $192,000 |
| Hispanic | 16 | $2,821,000 | $176,000 | $302,000 | $58,000 | $145,000 |
| Not Provided | 7 | $665,000 | $95,000 | $140,000 | $43,000 | $85,000 |
| Asian | 4 | $715,000 | $178,000 | $368,000 | $63,000 | $100,000 |
| American Indian or Alaskan Native | 2 | $185,000 | $92,000 | $95,000 | $31,000 | $36,000 |
| 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) | 486 | $78,904,000 | $162,000 | $800,000 | $63,000 | $465,000 |
| FHA-insured (Federal Housing Administration) | 228 | $32,690,000 | $143,000 | $285,000 | $53,000 | $171,000 |
| VA-guaranteed (Veterans Administration) | 4 | $736,000 | $184,000 | $233,000 | $52,000 | $80,000 |
| 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 |
|---|---|---|---|---|---|---|
| Application Denied By Financial Institution | 342 | $54,515,000 | $159,000 | $800,000 | $56,000 | $275,000 |
| Application Approved But Not Accepted | 243 | $40,009,000 | $164,000 | $600,000 | $75,000 | $300,000 |
| Preapproval Denied by Financial Institution | 74 | $8,708,000 | $117,000 | $350,000 | $27,000 | $140,000 |
| Application Withdrawn By Applicant | 30 | $4,550,000 | $151,000 | $368,000 | $64,000 | $180,000 |
| File Closed For Incompleteness | 29 | $4,548,000 | $156,000 | $417,000 | $67,000 | $465,000 |
| Loan Originated | 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 |
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 |
|---|---|---|---|---|---|---|
| Credit History | 191 | $26,571,000 | $139,000 | $500,000 | $41,000 | $180,000 |
| Collateral | 100 | $17,149,000 | $171,000 | $800,000 | $72,000 | $275,000 |
| Debt-To-Income Ratio | 51 | $7,852,000 | $153,000 | $360,000 | $46,000 | $137,000 |
| Unverifiable Information | 6 | $1,245,000 | $207,000 | $475,000 | $64,000 | $180,000 |
| Employment History | 5 | $786,000 | $157,000 | $345,000 | $40,000 | $114,000 |
| Other | 3 | $400,000 | $133,000 | $145,000 | $41,000 | $68,000 |
| Insufficient Cash (Downpayment, Closing Cost) | 2 | $217,000 | $108,000 | $122,000 | $57,000 | $67,000 |
| Mortgage Insurance Denied | 0 | $0 | $0 | $0 | $0 | $0 |
| 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.