Luce County MI
Mortgage Loan Application
Totals and Details
for 2016

Find mortgage statistics and lending data for the Luce County MI metro area.
With the lists below, you can explore the total number of mortgage applications and mortgage lending details for 2003-2022.
We provide overall totals and averages for each year, as well as numbers for the highest application amount and the highest applicant income.
If you live near Luce County MI, this may help give you an idea of what you might find when you begin your mortgage research. Use the mortgage lender list and statistics below to gain valuable insights.

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 123
Total Mortgage Loan Application Amount $11,382,000
Average Mortgage Loan Application Amount $92,000
Highest Mortgage Loan Application Amount $413,000
Average Applicant Income $79,000
Highest Applicant Income $1,666,000

Mortgage Company List for Lending in Luce County MI for 2016

* Phone Numbers for Mortgage Lenders are available with a Data Download Report
Mortgage Lender Phone Number Mortgage Lender Assets Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loan Applications
MBANK
130 S CEDAR ST
MANISTIQUE, MI 49854
* $ 736,116,000 30 $ 2,443,000
WELLS FARGO BANK, NATIONAL ASSOCIATION
100 N MAIN STREET MAC D4001-042
WINSTON-SALEM, NC 27150
* $ 1,610,580,000,000 18 $ 1,862,000
LOANDEPOT.COM, LLC
26642 TOWNE CENTRE DRIVE
FOOTHILL RANCH, CA 92610
* $ 138,031,000 10 $ 1,087,000
JPMORGAN CHASE BANK, NATIONAL ASSOCIATION
1111 POLARIS PARKWAY
COLUMBUS, OH 43240
* $ 1,914,658,000,000 7 $ 581,000
THE HUNTINGTON NATIONAL BANK
7 EASTON OVAL EA5C242
COLUMBUS, OH 43219
* $ 70,879,778,000 5 $ 547,000
FREEDOM MORTGAGE CORPORATION
10500 KINCAID DRIVE
FISHERS, IN 46037
* $ 10,000,000 4 $ 399,000
LAKE MICHIGAN CREDIT UNION
PO BOX 2848
GRAND RAPIDS, MI 49501
* $ 4,089,397,000 3 $ 372,000
TOP FLITE FINANCIAL, INC.
123 E GRAND RIVER AVE
WILLIAMSTON, MI 48895
* $ 40,394,000 3 $ 153,000
NATIONSTAR MORTGAGE LLC
8950 CYPRESS WATERS BLVD.
COPPELL, TX 75019
* $ 10,000,000 3 $ 267,000
GREENSTONE FARM CREDIT SERVICES, FLCA
3515 WEST RD
EAST LANSING, MI 48823
* $ 10,000,000 2 $ 187,000
NEW DAY FINANCIAL, LLC
8160 MAPLE LAWN BLVD.
FULTON, MD 20759
* $ 4,088,336,000 2 $ 381,000
PENNYMAC LOAN SERVICES LLC
3043 TOWNSGATE ROAD
WESTLAKE VILLAGE, CA 91361
* $ 39,000,000 2 $ 94,000
MID AMERICA MORTGAGE, INC.
15301 SPECTRUM DRIVE, SUITE 405
ADDISON, TX 75001
* $ 11,000,000 1 $ 31,000
SUMMIT FUNDING, INC.
2241 HARVARD ST, SUITE 200
SACRAMENTO, CA 95815
* $ 1,000,000,000 1 $ 90,000
CAPITAL ONE, NATIONAL ASSOCIATION
7933 PRESTON ROAD
PLANO, TX 75024
* $ 273,231,606,000 1 $ 67,000
ARVEST BANK
201 W WALNUT
ROGERS, AR 72756
* $ 15,843,566,000 1 $ 205,000
ELGA CREDIT UNION
2303 S. CENTER ROAD
BURTON, MI 48519
* $ 438,084,000 1 $ 64,000
CARRINGTON MORTGAGE SERVICES, LLC
1600 SO. DOUGLASS RD, SUITES 110 & 200A
ANAHEIM, CA 92806
* $ 945,758,000 1 $ 50,000
EMBRACE HOME LOANS, INC.
25 ENTERPRISE CENTER
MIDDLETOWN, RI 02842
* $ 10,000,000 1 $ 72,000
HONOR CREDIT UNION
EDGEWOOD RD
BERRIEN SPRINGS, MI 49103
* $ 665,023,000 1 $ 76,000
NATIONWIDE BANK
ONE NATIONWIDE PLAZA
COLUMBUS, OH 43215
* $ 6,397,488,000 1 $ 64,000
THE RICHWOOD BANKING COMPANY
28 N. FRANKLIN ST.
RICHWOOD, OH 43344
* $ 442,388,000 1 $ 185,000
INCREDIBLEBANK
327 N 17TH AVE
WAUSAU, WI 54401
* $ 1,064,708,000 1 $ 79,000
TALMER B&TC
2301 W BIG BEAVER RD
TROY, MI 48084
* $ 6,586,459,000 1 $ 58,000
1ST SOURCE BANK
P O BOX 1602 SUITE 400
SOUTH BEND, IN 46634
* $ 5,176,308,000 1 $ 81,000
FIFTH THIRD MORTGAGE, MI LLC
5001 KINGSLEY DRIVE MD 1MOB2W
CINCINNATI, OH 45227
* $ 48,969,000 1 $ 44,000
AMERIHOME MORTGAGE COMPANY, LLC
21215 BURBANK BLVD, SUITE 400
WOODLAND HILLS, CA 91367
* $ 10,000,000 1 $ 92,000
GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION
100 PHOENIX DR, STE 300
ANN ARBOR, MI 48108
* $ 10,000,000 1 $ 90,000
HOMEWARD RESIDENTIAL, INC.
16675 ADDISON ROAD
ADDISON, TX 75001
* $ 3,809,880,000 1 $ 94,000
HANTZ BANK
26200 AMERICAN DRIVE, 2ND FLOOR
SOUTHFIELD, MI 48034
* $ 208,061,000 1 $ 52,000
NAVY FEDERAL CREDIT UNION
820 FOLLIN LANE
VIENNA, VA 22180
* $ 73,279,079,000 1 $ 1,000
USAA FEDERAL SAVINGS BANK
10750 MCDERMOTT FREEWAY
SAN ANTONIO, TX 78288
* $ 71,130,930,000 1 $ 56,000

The HDMA data totals below provide details about Mortgage Loan Applications for each year, with categories such as loan purpose, race of mortgage applicants, loan type, the outcome of the application, and reason for denial. Each category breaks down the total number of mortgage applications and the total dollar amount for those applications. You can search and sort the totals by the average mortgage amount, the highest mortgage within that category, the average income of the mortgage applicants, and the highest income of the mortgage applicants. If you are looking for a certain type of mortgage, these numbers will give you a better gauge of what to expect in various situations.

Mortgage Loan Application Detail Totals for Luce County MI in 2016

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 68 $5,432,000 $79,000 $319,000 $63,000 $196,000
Refinancing 50 $5,569,000 $111,000 $413,000 $102,000 $1,666,000
Home Improvement 5 $381,000 $76,000 $140,000 $69,000 $150,000

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 103 $9,181,000 $89,000 $294,000 $79,000 $1,666,000
Not Provided 14 $1,895,000 $135,000 $413,000 $107,000 $502,000
Not applicable 3 $177,000 $59,000 $92,000 $0 $0
American Indian or Alaskan Native 2 $84,000 $42,000 $53,000 $38,000 $47,000
Hispanic 1 $45,000 $45,000 $45,000 $64,000 $64,000
Native Hawaiin or Other Pacific Islander 0 $0 $0 $0 $0 $0
Asian 0 $0 $0 $0 $0 $0
Black or African American 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) 74 $7,178,000 $97,000 $413,000 $103,000 $1,666,000
FHA-insured (Federal Housing Administration) 25 $1,585,000 $63,000 $118,000 $37,000 $79,000
VA-guaranteed (Veterans Administration) 13 $1,782,000 $137,000 $319,000 $62,000 $136,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 11 $837,000 $76,000 $156,000 $40,000 $73,000

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 69 $5,733,000 $83,000 $247,000 $82,000 $1,666,000
Application Denied By Financial Institution 31 $3,130,000 $100,000 $413,000 $87,000 $502,000
Application Withdrawn By Applicant 11 $1,503,000 $136,000 $319,000 $72,000 $136,000
File Closed For Incompleteness 4 $348,000 $87,000 $112,000 $40,000 $84,000
Application Approved But Not Accepted 4 $412,000 $103,000 $247,000 $104,000 $185,000
Loan Purchased By The Institution 4 $256,000 $64,000 $92,000 $8,000 $32,000
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 5 $860,000 $172,000 $413,000 $219,000 $502,000
Credit Application Incomplete 4 $410,000 $102,000 $138,000 $79,000 $150,000
Debt-To-Income Ratio 4 $233,000 $58,000 $102,000 $51,000 $58,000
Credit History 1 $69,000 $69,000 $69,000 $38,000 $38,000
Other 1 $67,000 $67,000 $67,000 $55,000 $55,000
Unverifiable Information 0 $0 $0 $0 $0 $0
Employment History 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

We hope these details for mortgage applications and lending statistics will give you a better idea of what to expect when applying for a mortgage. Whether you are looking for a home loan, for home refinancing, or for home improvement loan statistics, we have the information you need. With this info, you know what to look for as you look for the best home mortgages available to you - no surprises later on down the line. These mortgage application stats give you everything you need to know as you start your search for the best mortgage lender.

If you prefer, you can download a copy of the entire list of mortgage lenders in Michigan, and search similar information back through 2003.

Download the Michigan Lender List