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 University Lending Group, Llc.
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 | University Lending Group, Llc 42452 Hayes, Ste I Cllinton Township, MI 48038 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 |
Total Number of Mortgage Applications | 2,865 |
Total Mortgage Loan Application Amount | $862,065,000 |
Average Mortgage Loan Application Amount | $313,800 |
Highest Mortgage Loan Application Amount | $9,995,000 |
Average Applicant Income | $121,200 |
Highest Applicant Income | $6,902,000 |
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 |
---|---|---|---|---|
Leon County Florida | 474 | $ 127,470,000 | $ 268,000 | $ 101,000 |
Santa Rosa County Florida | 333 | $ 119,865,000 | $ 359,000 | $ 116,000 |
Washtenaw County Michigan | 293 | $ 97,645,000 | $ 333,000 | $ 175,000 |
Okaloosa County Florida | 234 | $ 77,100,000 | $ 329,000 | $ 101,000 |
Escambia County Florida | 195 | $ 53,105,000 | $ 272,000 | $ 101,000 |
Lake County Indiana | 133 | $ 34,495,000 | $ 259,000 | $ 106,000 |
Wayne County Michigan | 118 | $ 24,710,000 | $ 209,000 | $ 79,000 |
Wakulla County Florida | 101 | $ 26,675,000 | $ 264,000 | $ 97,000 |
Montgomery County Indiana | 69 | $ 11,295,000 | $ 163,000 | $ 63,000 |
Walton County Florida | 64 | $ 22,690,000 | $ 354,000 | $ 106,000 |
Macomb County Michigan | 64 | $ 12,240,000 | $ 191,000 | $ 78,000 |
Oakland County Michigan | 53 | $ 13,565,000 | $ 255,000 | $ 110,000 |
Gadsden County Florida | 51 | $ 11,735,000 | $ 230,000 | $ 77,000 |
Porter County Indiana | 40 | $ 11,300,000 | $ 282,000 | $ 106,000 |
St. Clair County Michigan | 37 | $ 7,505,000 | $ 202,000 | $ 79,000 |
Livingston County Michigan | 33 | $ 9,835,000 | $ 298,000 | $ 122,000 |
Sumner County Tennessee | 29 | $ 18,735,000 | $ 646,000 | $ 219,000 |
Tom Green County Texas | 25 | $ 5,975,000 | $ 239,000 | $ 101,000 |
Lenawee County Michigan | 21 | $ 4,325,000 | $ 205,000 | $ 92,000 |
Jefferson County Florida | 18 | $ 4,730,000 | $ 262,000 | $ 91,000 |
Bay County Florida | 14 | $ 3,460,000 | $ 247,000 | $ 86,000 |
Monroe County Michigan | 14 | $ 2,990,000 | $ 213,000 | $ 78,000 |
Jackson County Michigan | 13 | $ 2,675,000 | $ 205,000 | $ 71,000 |
Hillsborough County Florida | 11 | $ 4,485,000 | $ 407,000 | $ 120,000 |
Ingham County Michigan | 11 | $ 1,945,000 | $ 176,000 | $ 65,000 |
Pasco County Florida | 10 | $ 4,830,000 | $ 483,000 | $ 160,000 |
Broward County Florida | 9 | $ 5,095,000 | $ 566,000 | $ 191,000 |
Franklin County Florida | 9 | $ 3,155,000 | $ 350,000 | $ 170,000 |
Alachua County Florida | 8 | $ 1,940,000 | $ 242,000 | $ 92,000 |
Lee County Florida | 8 | $ 2,930,000 | $ 366,000 | $ 114,000 |
Orange County Florida | 8 | $ 3,870,000 | $ 483,000 | $ 234,000 |
Duval County Florida | 7 | $ 1,895,000 | $ 270,000 | $ 102,000 |
Genesee County Michigan | 7 | $ 1,705,000 | $ 243,000 | $ 72,000 |
Davidson County Tennessee | 7 | $ 3,025,000 | $ 432,000 | $ 227,000 |
Clay County Florida | 6 | $ 2,750,000 | $ 458,000 | $ 127,000 |
Madison County Florida | 6 | $ 1,120,000 | $ 186,000 | $ 65,000 |
Thomas County Georgia | 6 | $ 1,790,000 | $ 298,000 | $ 74,000 |
Cook County Illinois | 6 | $ 1,230,000 | $ 205,000 | $ 84,000 |
Boone County Indiana | 6 | $ 1,150,000 | $ 191,000 | $ 83,000 |
Fountain County Indiana | 6 | $ 1,100,000 | $ 183,000 | $ 66,000 |
Washington County Utah | 6 | $ 2,780,000 | $ 463,000 | $ 128,000 |
Brevard County Florida | 5 | $ 2,325,000 | $ 465,000 | $ 126,000 |
Lake County Florida | 5 | $ 2,165,000 | $ 433,000 | $ 125,000 |
Union County North Carolina | 5 | $ 1,735,000 | $ 347,000 | $ 93,000 |
Williamson County Tennessee | 5 | $ 4,115,000 | $ 823,000 | $ 264,000 |
Baldwin County Alabama | 4 | $ 1,410,000 | $ 352,000 | $ 117,000 |
Calhoun County Florida | 4 | $ 740,000 | $ 185,000 | $ 82,000 |
Hernando County Florida | 4 | $ 1,040,000 | $ 260,000 | $ 93,000 |
Liberty County Florida | 4 | $ 830,000 | $ 207,000 | $ 64,000 |
Manatee County Florida | 4 | $ 1,770,000 | $ 442,000 | $ 203,000 |
Miami-Dade County Florida | 4 | $ 1,110,000 | $ 277,000 | $ 95,000 |
Pinellas County Florida | 4 | $ 11,680,000 | $ 2,920,000 | $ 190,000 |
Putnam County Indiana | 4 | $ 480,000 | $ 120,000 | $ 41,000 |
Kalamazoo County Michigan | 4 | $ 490,000 | $ 122,000 | $ 34,000 |
Sanilac County Michigan | 4 | $ 570,000 | $ 142,000 | $ 42,000 |
Maury County Tennessee | 4 | $ 1,230,000 | $ 307,000 | $ 83,000 |
Coffee County Alabama | 3 | $ 1,435,000 | $ 478,000 | $ 162,000 |
Lee County Alabama | 3 | $ 945,000 | $ 315,000 | $ 102,000 |
Douglas County Colorado | 3 | $ 2,695,000 | $ 898,000 | $ 215,000 |
Charlotte County Florida | 3 | $ 1,895,000 | $ 631,000 | $ 262,000 |
Flagler County Florida | 3 | $ 885,000 | $ 295,000 | $ 138,000 |
Fulton County Georgia | 3 | $ 1,255,000 | $ 418,000 | $ 155,000 |
Grady County Georgia | 3 | $ 1,075,000 | $ 358,000 | $ 109,000 |
Will County Illinois | 3 | $ 375,000 | $ 125,000 | $ 77,000 |
Jasper County Indiana | 3 | $ 675,000 | $ 225,000 | $ 73,000 |
LaPorte County Indiana | 3 | $ 505,000 | $ 168,000 | $ 86,000 |
Calhoun County Michigan | 3 | $ 745,000 | $ 248,000 | $ 110,000 |
Grand Traverse County Michigan | 3 | $ 445,000 | $ 148,000 | $ 41,000 |
Hillsdale County Michigan | 3 | $ 955,000 | $ 318,000 | $ 187,000 |
Ottawa County Michigan | 3 | $ 835,000 | $ 278,000 | $ 135,000 |
Perquimans County North Carolina | 3 | $ 915,000 | $ 305,000 | $ 130,000 |
Horry County South Carolina | 3 | $ 845,000 | $ 281,000 | $ 99,000 |
Davis County Utah | 3 | $ 1,135,000 | $ 378,000 | $ 99,000 |
Salt Lake County Utah | 3 | $ 1,645,000 | $ 548,000 | $ 115,000 |
Utah County Utah | 3 | $ 1,205,000 | $ 401,000 | $ 77,000 |
Covington County Alabama | 2 | $ 570,000 | $ 285,000 | $ 86,000 |
Jefferson County Alabama | 2 | $ 1,140,000 | $ 570,000 | $ 104,000 |
Madison County Alabama | 2 | $ 680,000 | $ 340,000 | $ 115,000 |
Denver County Colorado | 2 | $ 1,030,000 | $ 515,000 | $ 172,000 |
El Paso County Colorado | 2 | $ 890,000 | $ 445,000 | $ 120,000 |
Pueblo County Colorado | 2 | $ 650,000 | $ 325,000 | $ 139,000 |
Collier County Florida | 2 | $ 1,360,000 | $ 680,000 | $ 252,000 |
Holmes County Florida | 2 | $ 550,000 | $ 275,000 | $ 107,000 |
Jackson County Florida | 2 | $ 670,000 | $ 335,000 | $ 107,000 |
Palm Beach County Florida | 2 | $ 1,390,000 | $ 695,000 | $ 217,000 |
Sarasota County Florida | 2 | $ 610,000 | $ 305,000 | $ 128,000 |
Seminole County Florida | 2 | $ 720,000 | $ 360,000 | $ 118,000 |
St. Johns County Florida | 2 | $ 1,060,000 | $ 530,000 | $ 146,000 |
St. Lucie County Florida | 2 | $ 760,000 | $ 380,000 | $ 102,000 |
Taylor County Florida | 2 | $ 450,000 | $ 225,000 | $ 96,000 |
Volusia County Florida | 2 | $ 570,000 | $ 285,000 | $ 205,000 |
Washington County Florida | 2 | $ 460,000 | $ 230,000 | $ 79,000 |
Bryan County Georgia | 2 | $ 500,000 | $ 250,000 | $ 103,000 |
Chatham County Georgia | 2 | $ 540,000 | $ 270,000 | $ 89,000 |
Cobb County Georgia | 2 | $ 690,000 | $ 345,000 | $ 115,000 |
Lowndes County Georgia | 2 | $ 430,000 | $ 215,000 | $ 79,000 |
Tippecanoe County Indiana | 2 | $ 480,000 | $ 240,000 | $ 67,000 |
Branch County Michigan | 2 | $ 580,000 | $ 290,000 | $ 53,000 |
Charlevoix County Michigan | 2 | $ 270,000 | $ 135,000 | $ 69,000 |
Emmet County Michigan | 2 | $ 1,040,000 | $ 520,000 | $ 308,000 |
Kent County Michigan | 2 | $ 470,000 | $ 235,000 | $ 104,000 |
Oceana County Michigan | 2 | $ 800,000 | $ 400,000 | $ 267,000 |
Saginaw County Michigan | 2 | $ 160,000 | $ 80,000 | $ 48,000 |
Watauga County North Carolina | 2 | $ 670,000 | $ 335,000 | $ 156,000 |
Delaware County Ohio | 2 | $ 710,000 | $ 355,000 | $ 118,000 |
Franklin County Ohio | 2 | $ 800,000 | $ 400,000 | $ 157,000 |
Beaufort County South Carolina | 2 | $ 750,000 | $ 375,000 | $ 72,000 |
Greenville County South Carolina | 2 | $ 810,000 | $ 405,000 | $ 142,000 |
Galveston County Texas | 2 | $ 900,000 | $ 450,000 | $ 158,000 |
Williamson County Texas | 2 | $ 1,110,000 | $ 555,000 | $ 166,000 |
Chesterfield County Virginia | 2 | $ 490,000 | $ 245,000 | $ 98,000 |
Fairfax County Virginia | 2 | $ 990,000 | $ 495,000 | $ 207,000 |
Hampton County Virginia | 2 | $ 430,000 | $ 215,000 | $ 130,000 |
Stafford County Virginia | 2 | $ 560,000 | $ 280,000 | $ 122,000 |
Tazewell County Virginia | 2 | $ 200,000 | $ 100,000 | $ 176,000 |
Elmore County Alabama | 1 | $ 305,000 | $ 305,000 | $ 220,000 |
Houston County Alabama | 1 | $ 375,000 | $ 375,000 | $ 109,000 |
Marshall County Alabama | 1 | $ 415,000 | $ 415,000 | $ 0 |
Mobile County Alabama | 1 | $ 275,000 | $ 275,000 | $ 122,000 |
Pike County Alabama | 1 | $ 195,000 | $ 195,000 | $ 160,000 |
St. Clair County Alabama | 1 | $ 415,000 | $ 415,000 | $ 128,000 |
Tallapoosa County Alabama | 1 | $ 175,000 | $ 175,000 | $ 83,000 |
Tuscaloosa County Alabama | 1 | $ 205,000 | $ 205,000 | $ 116,000 |
Arapahoe County Colorado | 1 | $ 255,000 | $ 255,000 | $ 120,000 |
Boulder County Colorado | 1 | $ 1,655,000 | $ 1,655,000 | $ 540,000 |
Fremont County Colorado | 1 | $ 195,000 | $ 195,000 | $ 73,000 |
Jefferson County Colorado | 1 | $ 1,005,000 | $ 1,005,000 | $ 101,000 |
Larimer County Colorado | 1 | $ 675,000 | $ 675,000 | $ 244,000 |
Teller County Colorado | 1 | $ 335,000 | $ 335,000 | $ 72,000 |
Weld County Colorado | 1 | $ 525,000 | $ 525,000 | $ 130,000 |
Columbia County Florida | 1 | $ 215,000 | $ 215,000 | $ 65,000 |
Highlands County Florida | 1 | $ 165,000 | $ 165,000 | $ 60,000 |
Levy County Florida | 1 | $ 255,000 | $ 255,000 | $ 144,000 |
Marion County Florida | 1 | $ 165,000 | $ 165,000 | $ 37,000 |
Nassau County Florida | 1 | $ 485,000 | $ 485,000 | $ 197,000 |
Polk County Florida | 1 | $ 235,000 | $ 235,000 | $ 52,000 |
Sumter County Florida | 1 | $ 345,000 | $ 345,000 | $ 142,000 |
Suwannee County Florida | 1 | $ 155,000 | $ 155,000 | $ 39,000 |
Decatur County Georgia | 1 | $ 135,000 | $ 135,000 | $ 146,000 |
Dougherty County Georgia | 1 | $ 75,000 | $ 75,000 | $ 31,000 |
Fannin County Georgia | 1 | $ 135,000 | $ 135,000 | $ 30,000 |
Fayette County Georgia | 1 | $ 675,000 | $ 675,000 | $ 244,000 |
Forsyth County Georgia | 1 | $ 785,000 | $ 785,000 | $ 380,000 |
Gilmer County Georgia | 1 | $ 405,000 | $ 405,000 | $ 264,000 |
Gwinnett County Georgia | 1 | $ 345,000 | $ 345,000 | $ 286,000 |
Harris County Georgia | 1 | $ 355,000 | $ 355,000 | $ 196,000 |
Houston County Georgia | 1 | $ 215,000 | $ 215,000 | $ 57,000 |
Lumpkin County Georgia | 1 | $ 315,000 | $ 315,000 | $ 126,000 |
Paulding County Georgia | 1 | $ 355,000 | $ 355,000 | $ 101,000 |
DuPage County Illinois | 1 | $ 315,000 | $ 315,000 | $ 137,000 |
Kankakee County Illinois | 1 | $ 175,000 | $ 175,000 | $ 96,000 |
Benton County Indiana | 1 | $ 215,000 | $ 215,000 | $ 65,000 |
Clay County Indiana | 1 | $ 205,000 | $ 205,000 | $ 86,000 |
Clinton County Indiana | 1 | $ 125,000 | $ 125,000 | $ 32,000 |
Elkhart County Indiana | 1 | $ 315,000 | $ 315,000 | $ 67,000 |
Hendricks County Indiana | 1 | $ 265,000 | $ 265,000 | $ 94,000 |
Kosciusko County Indiana | 1 | $ 225,000 | $ 225,000 | $ 175,000 |
Marion County Indiana | 1 | $ 195,000 | $ 195,000 | $ 59,000 |
Owen County Indiana | 1 | $ 245,000 | $ 245,000 | $ 155,000 |
St. Joseph County Indiana | 1 | $ 295,000 | $ 295,000 | $ 67,000 |
Starke County Indiana | 1 | $ 365,000 | $ 365,000 | $ 170,000 |
Warren County Indiana | 1 | $ 115,000 | $ 115,000 | $ 61,000 |
Calloway County Kentucky | 1 | $ 485,000 | $ 485,000 | $ 143,000 |
Fayette County Kentucky | 1 | $ 275,000 | $ 275,000 | $ 76,000 |
Grant County Kentucky | 1 | $ 175,000 | $ 175,000 | $ 53,000 |
Letcher County Kentucky | 1 | $ 215,000 | $ 215,000 | $ 113,000 |
Logan County Kentucky | 1 | $ 175,000 | $ 175,000 | $ 77,000 |
Worcester County Massachusetts | 1 | $ 375,000 | $ 375,000 | $ 236,000 |
Barry County Michigan | 1 | $ 455,000 | $ 455,000 | $ 138,000 |
Berrien County Michigan | 1 | $ 225,000 | $ 225,000 | $ 157,000 |
Cheboygan County Michigan | 1 | $ 125,000 | $ 125,000 | $ 68,000 |
Crawford County Michigan | 1 | $ 65,000 | $ 65,000 | $ 42,000 |
Eaton County Michigan | 1 | $ 305,000 | $ 305,000 | $ 58,000 |
Houghton County Michigan | 1 | $ 95,000 | $ 95,000 | $ 103,000 |
Iosco County Michigan | 1 | $ 105,000 | $ 105,000 | $ 65,000 |
Lapeer County Michigan | 1 | $ 165,000 | $ 165,000 | $ 75,000 |
Marquette County Michigan | 1 | $ 455,000 | $ 455,000 | $ 205,000 |
Mason County Michigan | 1 | $ 165,000 | $ 165,000 | $ 68,000 |
Muskegon County Michigan | 1 | $ 185,000 | $ 185,000 | $ 120,000 |
Oscoda County Michigan | 1 | $ 85,000 | $ 85,000 | $ 62,000 |
Otsego County Michigan | 1 | $ 95,000 | $ 95,000 | $ 51,000 |
Presque Isle County Michigan | 1 | $ 175,000 | $ 175,000 | $ 200,000 |
Roscommon County Michigan | 1 | $ 115,000 | $ 115,000 | $ 219,000 |
Shiawassee County Michigan | 1 | $ 95,000 | $ 95,000 | $ 37,000 |
Van Buren County Michigan | 1 | $ 395,000 | $ 395,000 | $ 131,000 |
Buncombe County North Carolina | 1 | $ 145,000 | $ 145,000 | $ 61,000 |
Durham County North Carolina | 1 | $ 175,000 | $ 175,000 | $ 59,000 |
Gaston County North Carolina | 1 | $ 335,000 | $ 335,000 | $ 113,000 |
Lincoln County North Carolina | 1 | $ 505,000 | $ 505,000 | $ 86,000 |
Madison County North Carolina | 1 | $ 705,000 | $ 705,000 | $ 423,000 |
Wayne County North Carolina | 1 | $ 395,000 | $ 395,000 | $ 117,000 |
Cuyahoga County Ohio | 1 | $ 175,000 | $ 175,000 | $ 144,000 |
Fairfield County Ohio | 1 | $ 215,000 | $ 215,000 | $ 80,000 |
Lorain County Ohio | 1 | $ 275,000 | $ 275,000 | $ 67,000 |
Summit County Ohio | 1 | $ 265,000 | $ 265,000 | $ 64,000 |
Aiken County South Carolina | 1 | $ 265,000 | $ 265,000 | $ 70,000 |
Lancaster County South Carolina | 1 | $ 475,000 | $ 475,000 | $ 153,000 |
Spartanburg County South Carolina | 1 | $ 235,000 | $ 235,000 | $ 75,000 |
York County South Carolina | 1 | $ 355,000 | $ 355,000 | $ 96,000 |
Anderson County Tennessee | 1 | $ 215,000 | $ 215,000 | $ 52,000 |
Bradley County Tennessee | 1 | $ 205,000 | $ 205,000 | $ 83,000 |
Decatur County Tennessee | 1 | $ 395,000 | $ 395,000 | $ 315,000 |
Hamilton County Tennessee | 1 | $ 285,000 | $ 285,000 | $ 98,000 |
Humphreys County Tennessee | 1 | $ 285,000 | $ 285,000 | $ 82,000 |
Knox County Tennessee | 1 | $ 265,000 | $ 265,000 | $ 72,000 |
Marshall County Tennessee | 1 | $ 265,000 | $ 265,000 | $ 61,000 |
Montgomery County Tennessee | 1 | $ 385,000 | $ 385,000 | $ 138,000 |
Rutherford County Tennessee | 1 | $ 345,000 | $ 345,000 | $ 79,000 |
Wilson County Tennessee | 1 | $ 605,000 | $ 605,000 | $ 130,000 |
Bexar County Texas | 1 | $ 315,000 | $ 315,000 | $ 104,000 |
Collin County Texas | 1 | $ 505,000 | $ 505,000 | $ 141,000 |
Concho County Texas | 1 | $ 195,000 | $ 195,000 | $ 92,000 |
Gaines County Texas | 1 | $ 335,000 | $ 335,000 | $ 89,000 |
Patrick County Virginia | 1 | $ 235,000 | $ 235,000 | $ 144,000 |
Marion County West Virginia | 1 | $ 295,000 | $ 295,000 | $ 133,000 |
Lincoln County Wyoming | 1 | $ 525,000 | $ 525,000 | $ 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.
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 | 2,422 | $711,850,000 | $293,000 | $1,755,000 | $110,000 | $6,902,000 |
Refinancing | 236 | $92,480,000 | $391,000 | $9,995,000 | $130,000 | $592,000 |
Cash-out Refinancing | 138 | $36,190,000 | $262,000 | $755,000 | $117,000 | $650,000 |
Other Purpose | 35 | $11,335,000 | $323,000 | $1,355,000 | $130,000 | $619,000 |
Home Improvement | 34 | $10,210,000 | $300,000 | $995,000 | $119,000 | $376,000 |
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 | 2,060 | $624,510,000 | $303,000 | $9,995,000 | $116,000 | $6,902,000 |
Black or African American | 272 | $72,150,000 | $265,000 | $1,355,000 | $93,000 | $618,000 |
Not Provided | 197 | $64,495,000 | $327,000 | $1,145,000 | $123,000 | $629,000 |
Hispanic | 177 | $52,585,000 | $297,000 | $1,065,000 | $91,000 | $320,000 |
Asian | 137 | $40,775,000 | $297,000 | $785,000 | $105,000 | $510,000 |
American Indian or Alaskan Native | 11 | $3,125,000 | $284,000 | $675,000 | $87,000 | $244,000 |
Native Hawaiian or Other Pacific Islander | 5 | $2,435,000 | $487,000 | $975,000 | $122,000 | $205,000 |
Not applicable | 5 | $1,435,000 | $287,000 | $425,000 | $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) | 1,853 | $564,425,000 | $304,000 | $9,995,000 | $126,000 | $6,902,000 |
VA-guaranteed (Veterans Administration) | 511 | $189,275,000 | $370,000 | $1,285,000 | $103,000 | $450,000 |
FHA-insured (Federal Housing Administration) | 431 | $95,935,000 | $222,000 | $425,000 | $70,000 | $325,000 |
FSA/RHS (Farm Service Agency or Rural Housing Service) | 70 | $12,430,000 | $177,000 | $355,000 | $58,000 | $107,000 |
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 |
---|---|---|---|---|---|---|
Loan Originated | 2,156 | $637,100,000 | $295,000 | $1,755,000 | $109,000 | $1,835,000 |
Application Withdrawn By Applicant | 635 | $204,605,000 | $322,000 | $9,995,000 | $126,000 | $6,902,000 |
Application Denied By Financial Institution | 49 | $13,025,000 | $265,000 | $1,145,000 | $82,000 | $425,000 |
Application Approved But Not Accepted | 14 | $4,810,000 | $343,000 | $705,000 | $137,000 | $423,000 |
File Closed For Incompleteness | 6 | $1,090,000 | $181,000 | $365,000 | $59,000 | $87,000 |
Loan Purchased By The Institution | 5 | $1,435,000 | $287,000 | $425,000 | $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 | 2,816 | $849,040,000 | $301,000 | $9,995,000 | $112,000 | $6,902,000 |
Debt-To-Income Ratio | 18 | $4,220,000 | $234,000 | $575,000 | $50,000 | $102,000 |
Credit History | 10 | $1,980,000 | $198,000 | $325,000 | $71,000 | $131,000 |
Collateral | 8 | $3,020,000 | $377,000 | $985,000 | $167,000 | $425,000 |
Insufficient Cash (Downpayment, Closing Cost) | 6 | $1,520,000 | $253,000 | $415,000 | $79,000 | $126,000 |
Employment History | 3 | $535,000 | $178,000 | $265,000 | $42,000 | $49,000 |
Credit Application Incomplete | 2 | $1,400,000 | $700,000 | $1,145,000 | $161,000 | $254,000 |
Other | 2 | $350,000 | $175,000 | $215,000 | $69,000 | $97,000 |
Unverifiable Information | 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.