Mason County MI
Mortgage Loan Application
Totals and Details
for 2023

Find mortgage statistics and lending data for the Mason County MI metro area.
With the lists below, you can explore the total number of mortgage applications and mortgage lending details for 2003-2023.
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 Mason 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 2023  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 686
Total Mortgage Loan Application Amount $114,660,000
Average Mortgage Loan Application Amount $167,000
Highest Mortgage Loan Application Amount $3,005,000
Average Applicant Income $114,000
Highest Applicant Income $3,448,000

Mortgage Company List for Lending in Mason County MI for 2023

* 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
THE HUNTINGTON NATIONAL BANK
7 EASTON OVAL EA5C242
COLUMBUS, OH 43219
* $ 182,325,674,000 48 $ 5,140,000
MORTGAGE 1 INCORPORATED
43456 MOUND ROAD
STERLING HEIGHTS, MI 49314
* $ -1,000 41 $ 6,915,000
21ST MORTGAGE CORPORATION
620 MARKET ST SUITE 100
WILMINGTON, DE 37902
* $ -1,000 39 $ 1,935,000
FIFTH THIRD BANK, NATIONAL ASSOCIATION
38 FOUNTAIN SQUARE MD1090K1
CINCINNATI, OH 45263
* $ 206,289,179,000 37 $ 4,215,000
PNC BANK, NATIONAL ASSOCIATION
249 FIFTH AVE. MS P1-POPP-22-2
WILMINGTON, DE 15222
* $ 552,307,127,000 31 $ 3,275,000
PREFERRED CREDIT UNION
3767 SPARKS DR SE
GRAND RAPIDS, MI 49546
* $ 259,946,000 24 $ 1,370,000
LAKE MICHIGAN CREDIT UNION
PO BOX 2848
CALEDONIA, MI 49501
* $ 11,908,096,000 22 $ 4,870,000
TRIAD FINANCIAL SERVICES, INC.
13901 SUTTON PARK DRIVE SOUTH, SUITE 300
JACKSONVILLE, FL 32224
* $ -1,000 21 $ 1,325,000
AMERISAVE MORTGAGE CORPORATION
3525 PIEDMONT RD NE, 8 PIEDMONT CTR STE
PEACHTREE CORNER, GA 30305
* $ -1,000 20 $ 3,850,000
UNITED WHOLESALE MORTGAGE, LLC
1414 EAST MAPLE ROAD
PLYMOUTH, MI 48083
* $ -1,000 18 $ 3,670,000
DISCOVER BANK
12 READS WAY
GREENWOOD, DE 19720
* $ 129,461,046,000 17 $ 1,095,000
THE SHELBY STATE BANK
242 N MICHIGAN AVE
SHELBY, MI 49455
* $ 371,707,000 16 $ 2,510,000
NEWREZ LLC
4000 CHEMICAL ROAD SUITE 200
WILMINGTON, DE 19462
* $ -1,000 15 $ 2,355,000
AMERIHOME MORTGAGE COMPANY, LLC
21215 BURBANK BLVD, SUITE 400
WILMINGTON, DE 91367
* $ -1,000 10 $ 1,810,000
MICHIGAN STATE UNIVERSITY FEDERAL CREDIT UNION
3777 WEST ROAD
EAST LANSING, MI 48823
* $ 7,276,719,000 8 $ 1,490,000
NEIGHBORHOOD LOANS, INC.
55 W. 22ND STREET SUITE 130
CHICAGO, IL 60148
* $ -1,000 8 $ 1,490,000
GREENSTONE FARM CREDIT SERVICES, FLCA
3515 WEST RD
EAST LANSING, MI 48823
* $ -1,000 8 $ 1,620,000
UNION HOME MORTGAGE CORP.
8241 DOW CIRCLE
STRONGSVILLE, OH 44136
* $ -1,000 8 $ 1,180,000
INDEPENDENT BANK
4200 EAST BELTLINE
GRAND RAPIDS, MI 49525
* $ 4,995,759,000 7 $ 2,935,000
BANK OF AMERICA, NATIONAL ASSOCIATION
31303 AGOURA RD CA6-917-01-20
CHARLOTTE, NC 91361
* $ 2,418,508,000,000 7 $ 685,000
CROSSCOUNTRY MORTGAGE, LLC
6850 MILLER RD
WILMINGTON, DE 44141
* $ -1,000 7 $ 1,725,000
FIGURE LENDING LLC
15720 BRIXHAM HILL AVE, SUITE 300
WILMINGTON, DE 28277
* $ -1,000 6 $ 320,000
CHOICEONE BANK
109 E. DIVISION ST.
SPARTA, MI 49345
* $ 2,382,585,000 6 $ 1,050,000
FREEDOM MORTGAGE CORPORATION
10500 KINCAID DRIVE
MT LAUREL, NJ 46037
* $ -1,000 6 $ 1,120,000
CONSUMERS CREDIT UNION
PO BOX 525
KALAMAZOO, MI 49077
* $ 2,031,988,000 6 $ 1,840,000
FLAGSTAR BANK, N.A.
5151 CORPORATE DRIVE
HICKSVILLE, NY 48098
* $ 90,036,656,000 6 $ 1,040,000
MORTGAGE RESEARCH CENTER, LLC
1400 VETERANS UNITED DR.
SAINT LOUIS, MO 65203
* $ -1,000 6 $ 1,550,000
PENNYMAC LOAN SERVICES, LLC
3043 TOWNSGATE ROAD
WILMINGTON, DE 91361
* $ -1,000 5 $ 1,315,000
PLANET HOME LENDING, LLC
321 RESEARCH PARKWAY STE 300
WILMINGTON, DE 06540
* $ -1,000 5 $ 1,075,000
NAVY FEDERAL CREDIT UNION
820 FOLLIN LANE
VIENNA, VA 22180
* $ 156,645,099,000 5 $ 445,000
TOP FLITE FINANCIAL, INC.
123 E GRAND RIVER AVE
PLYMOUTH, MI 48895
* $ -1,000 5 $ 895,000
CITIZENS BANK, NATIONAL ASSOCIATION
ONE CITIZENS PLAZA
PROVIDENCE, RI 02903
* $ 226,401,591,000 5 $ 605,000
CHURCHILL MORTGAGE CORPORATION
761 OLD HICKORY BLVD SUITE 400
NASHVILLE, TN 37027
* $ -1,000 5 $ 895,000
JPMORGAN CHASE BANK, NATIONAL ASSOCIATION
1111 POLARIS PARKWAY
COLUMBUS, OH 43240
* $ 3,201,942,000,000 4 $ 760,000
UNITED BANK OF MICHIGAN
900 EAST PARIS AVE SE
GRAND RAPIDS, MI 49546
* $ 902,322,000 4 $ 890,000
NEW DAY FINANCIAL, LLC
8160 MAPLE LAWN BLVD.
DOVER, DE 20759
* $ -1,000 4 $ 720,000
NATIONSTAR MORTGAGE LLC
8950 CYPRESS WATERS BLVD.
WILMINGTON, DE 75019
* $ -1,000 4 $ 540,000
CENTIER BANK
600 E 84TH AVENUE
WHITING, IN 46410
* $ 6,722,761,000 3 $ 145,000
DORT FINANCIAL CREDIT UNION
9048 HOLLY ROAD
GRAND BLANC, MI 48439
* $ 1,504,358,000 3 $ 385,000
COASTAL COMMUNITY BANK
PO BOX 12220
EVERETT, WA 98206
* $ 3,141,703,000 3 $ 55,000
UNITED FEDERAL CREDIT UNION
2807 SOUTH STATE ST
SAINT JOSEPH, MI 49085
* $ 3,908,828,000 3 $ 255,000
USAA FEDERAL SAVINGS BANK
10750 MCDERMOTT FREEWAY
SAN ANTONIO, TX 78288
* $ 110,900,000,000 3 $ 1,095,000
MERCANTILE BANK
310 LEONARD ST NW
GRAND RAPIDS, MI 49504
* $ 4,853,001,000 3 $ 2,365,000
NEW AMERICAN FUNDING, LLC
14511 MYFORD ROAD, SUITE 100
DOVER, DE 92780
* $ -1,000 3 $ 475,000
FIRST COMMUNITY MORTGAGE, INC.
275 ROBERT ROSE DRIVE
NASHVILLE, TN 37129
* $ -1,000 3 $ 815,000
CARRINGTON MORTGAGE SERVICES, LLC
1600 SO. DOUGLASS RD, SUITES 110 & 200A
WILMINGTON, DE 92806
* $ -1,000 3 $ 445,000
MORTGAGE CENTER L.C
29621 NORTHWESTERN HWY
PLYMOUTH, MI 48034
* $ -1,000 3 $ 515,000
COAST ONE MORTGAGE LLC

WILMINGTON, DE 19034
* $ -1,000 3 $ 525,000
U.S. BANK NATIONAL ASSOCIATION
425 WALNUT STREET
CINCINNATI, OH 45202
* $ 585,135,605,000 3 $ 595,000
OLD NATIONAL BANK
ONE MAIN STREET
EVANSVILLE, IN 47708
* $ 46,490,438,000 3 $ 565,000
RIVERHILLS BANK
553 CHAMBER DRIVE
MILFORD, OH 45150
* $ 324,718,000 2 $ 1,240,000
GREENSTATE CREDIT UNION
2355 LANDON RD
NORTH LIBERTY, IA 52317
* $ 11,283,366,000 2 $ 370,000
MIDWEST BANKCENTRE
2191 LEMAY FERRY ROAD
SAINT LOUIS, MO 63125
* $ 2,556,235,000 2 $ 750,000
GUILD MORTGAGE COMPANY LLC
5898 COPLEY DRIVE
GLENDALE, CA 92111
* $ -1,000 2 $ 940,000
HONOR CREDIT UNION
EDGEWOOD RD
BERRIEN SPRINGS, MI 49103
* $ 1,585,971,000 2 $ 150,000
S&T BANK
800 PHILADELPHIA STREET PO BOX 190
INDIANA, PA 15701
* $ 9,106,184,000 2 $ 130,000
CALIBER HOME LOANS, INC.
1525 S. BELTLINE ROAD
WILMINGTON, DE 75019
* $ -1,000 2 $ 510,000
STOCKTON MORTGAGE CORPORATION
88 C MICHAEL DAVENPORT BLVD.
FRANKFORT, KY 40601
* $ -1,000 2 $ 220,000
AMERICAN HERITAGE LENDING, LLC
485 E 17TH ST #220
NEWARK, DE 92627
* $ -1,000 2 $ 270,000
THE DART BANK
368 S. PARK ST.
MASON, MI 48854
* $ 931,934,000 2 $ 670,000
COMMERCE BANK
922 WALNUT, TB 12-1
KANSAS CITY, MO 64106
* $ 31,679,817,000 2 $ 1,190,000
LENDAGE, LLC
1875 S GRANT ST
SAN MATEO, CA 84402
* $ -1,000 2 $ 120,000
PHH MORTGAGE CORPORATION
1 MORTGAGE WAY
MOUNT LAUREL, NJ 08054
* $ -1,000 2 $ 110,000
FIRST MERCHANTS BANK
200 E. JACKSON ST.
MUNCIE, IN 47305
* $ 17,923,519,000 2 $ 5,890,000
AMERICAN FINANCING CORPORATION
3045 S PARKER RD BUILDING B
AURORA, CO 80014
* $ -1,000 2 $ 370,000
COPOCO COMMUNITY CREDIT UNION
4265 E WILDER RD
BAY CITY, MI 48706
* $ 116,275,000 2 $ 310,000
NEWREZ VENTURES LLC
4000 W. BROWN DEER ROAD
SPRINGFIELD, IL 53209
* $ -1,000 2 $ 380,000
ROYAL UNITED MORTGAGE LLC
7999 KNUE RD. STE 300
INDIANAPOLIS, IN 46250
* $ -1,000 2 $ 170,000
HFG HOLDINGS, LLC
888 W BIG BEAVER RD, SUITE 800
TROY, MI 48084
* $ -1,000 2 $ 230,000
MICHIGAN FIRST CREDIT UNION
27000 EVERGREEN
LATHRUP VILLAGE, MI 48076
* $ 1,476,814,000 2 $ 560,000
DOW CREDIT UNION
600 E. LYON ROAD P.O. BOX 1649
MIDLAND, MI 48641
* $ 2,121,428,000 2 $ 720,000
UNIVERSITY BANK
2015 WASHTENAW AVE
ANN ARBOR, MI 48104
* $ 781,550,000 2 $ 410,000
LIBERTY HOME MORTGAGE CORPORATION
4401 ROCKSIDE RD 310
STRONGSVILLE, OH 44131
* $ -1,000 2 $ 150,000
DATA MORTGAGE, INC.
2200 W. ORANGEWOOD AVE SUITE 150
SACRAMENTO, CA 92868
* $ -1,000 1 $ 125,000
LENOX FINANCIAL MORTGAGE CORPORATION
200 E. SANDPOINTE SUITE 800
SANTA ANA, CA 92707
* $ -1,000 1 $ 125,000
KIAVI FUNDING, INC.
315 MONTGOMERY STREET 16TH FLOOR
WILMINGTON, DE 94104
* $ -1,000 1 $ 75,000
AMERICAN PACIFIC MORTGAGE CORPORATION
3000 LAVA RIDGE COURT, SUITE 200
SACRAMENTO, CA 95661
* $ -1,000 1 $ 145,000
DRAPER AND KRAMER MORTGAGE CORP.
1431 OPUS PLACE SUITE 200
WILMINGTON, DE 60515
* $ -1,000 1 $ 205,000
UNITED MORTGAGE CORP.
25 MELVILLE PARK ROAD
ALBANY, NY 11747
* $ -1,000 1 $ 345,000
ELGA CREDIT UNION
2303 S. CENTER ROAD
GRAND BLANC, MI 48519
* $ 1,416,441,000 1 $ 65,000
CHERRY CREEK MORTGAGE, LLC
7600 E ORCHARD ROAD, SUITE 250 -N
WILMINGTON, DE 80111
* $ -1,000 1 $ 515,000
VAN DYK MORTGAGE CORPORATION
2449 CAMELOT CT SE
GRAND RAPIDS, MI 49546
* $ -1,000 1 $ 255,000
WRIGHT-PATT CREDIT UNION, INC.
3560 PENTAGON BLVD.
BEAVERCREEK, OH 45431
* $ 7,794,453,000 1 $ 55,000
VIBE CREDIT UNION
1375 N OAKLAND BLVD
NOVI, MI 48327
* $ 1,218,827,000 1 $ 25,000
SUMMIT CREDIT UNION
PO BOX 8046
COTTAGE GROVE, WI 53708
* $ 6,224,510,000 1 $ 255,000
THE FEDERAL SAVINGS BANK
300 N ELIZABETH STREET, STE 3E
CHICAGO, IL 60607
* $ 780,976,000 1 $ 205,000
WATERSTONE MORTGAGE CORPORATION
N25 W23255 PAUL ROAD
PEWAUKEE, WI 53072
* $ -1,000 1 $ 65,000
REAL GENIUS LLC
1625 S CONGRESS AVE STE 190
DELRAY BEACH, FL 33445
* $ -1,000 1 $ 165,000
CONVENTUS LLC
111 POTRERO AVE
SAN FRANCISCO, CA 94103
* $ -1,000 1 $ 305,000
ADVIA FEDERAL CREDIT UNION
550 S RIVERVIEW DR
KALAMAZOO, MI 49004
* $ 2,892,338,000 1 $ 175,000
NORTHERN MORTGAGE SERVICES, LLC
3714 28TH ST SW
GRAND RAPIDS, MI 49418
* $ -1,000 1 $ 185,000
WEST MICHIGAN CREDIT UNION
1319 FRONT AVE NW
GRAND RAPIDS, MI 49504
* $ 272,614,000 1 $ 85,000
FAIRWAY INDEPENDENT MORTGAGE CORPORATION
4801 S. BILTMORE LANE
AUSTIN, TX 53718
* $ -1,000 1 $ 205,000
1ST SOURCE BANK
P O BOX 1602 SUITE 400
SOUTH BEND, IN 46634
* $ 8,334,906,000 1 $ 175,000
MIDFIRST BANK
501 NW GRAND BLVD
OKLAHOMA CITY, OK 73118
* $ 34,681,050,000 1 $ 45,000
PARAMOUNT RESIDENTIAL MORTGAGE GROUP, INC.
1265 CORONA POINTE CT SUITE 301
CORONA, CA 92879
* $ -1,000 1 $ 155,000
BAY EQUITY LLC
28 LIBERTY SHIPWAY SUITE 2800
GLENDALE, CA 94965
* $ -1,000 1 $ 315,000
PENTAGON FEDERAL CREDIT UNION
7940 JONES BRANCH DRIVE
MCLEAN, VA 22102
* $ 35,526,360,000 1 $ 335,000
MOUNTAIN VALLEY BANK
882 MOUNTAIN AVE
WALDEN, CO 69361
* $ 482,099,000 1 $ 205,000
MACATAWA BANK
PO BOX 3119
HOLLAND, MI 49422
* $ 2,906,669,000 1 $ 315,000
MORGAN STANLEY PRIVATE BANK, NATIONAL ASSOCIATION
2000 WESTCHESTER AVE
NEW YORK, NY 10577
* $ 209,664,000,000 1 $ 315,000
NEXBANK
2515 MCKINNEY AVENUE, SUITE 1100
DALLAS, TX 75201
* $ 14,304,653,000 1 $ 235,000
WELLS FARGO BANK, NATIONAL ASSOCIATION
100 N MAIN STREET MAC D4001-042
SIOUX FALLS, SD 27150
* $ 1,717,531,000,000 1 $ 105,000
LOANDEPOT.COM, LLC
26642 TOWNE CENTRE DRIVE
DOVER, DE 92610
* $ -1,000 1 $ 105,000
RELIANCE FIRST CAPITAL, LLC
201 OLD COUNTRY ROAD SUITE 205
WILMINGTON, DE 11747
* $ -1,000 1 $ 495,000
NORTHSTAR BANK
833 S. VAN DYKE RD.
BAD AXE, MI 48413
* $ 911,313,000 1 $ 125,000
FILO MORTGAGE, L.L.C.
555 E NORTH LN #6125
DOVER, DE 19428
* $ -1,000 1 $ 265,000
HORIZON BANK
515 FRANKLIN ST
MICHIGAN CITY, IN 46360
* $ 7,794,340,000 1 $ 375,000
NATIONS LENDING CORPORATION
4 SUMMIT PARK DR STE 200
COLUMBUS, OH 44131
* $ -1,000 1 $ 165,000
PCM CREDIT UNION
601 WILLARD DRIVE
GREEN BAY, WI 54304
* $ 393,134,000 1 $ 55,000
MORTGAGE SOLUTIONS OF COLORADO, LLC
MORTGAGE SOLUTIONS OF COLORADO
LITTLETON, CO 80918
* $ -1,000 1 $ 275,000
PROVIDENT FUNDING ASSOCIATES, L.P.
851 TRAEGER AVENUE, SUITE 100
SACRAMENTO, CA 94066
* $ -1,000 1 $ 255,000
MEMBER FIRST MORTGAGE, LLC
616 44TH STREET SE
GRAND RAPIDS, MI 49548
* $ -1,000 1 $ 75,000
FINANCE OF AMERICA REVERSE LLC
8023 EAST 63RD PLACE, SUITE 700
WILMINGTON, DE 74133
* $ -1,000 1 $ 95,000
TRUIST BANK
3100 SMOKETREE CT FL 5
CHARLOTTE, NC 27604
* $ 546,228,000,000 1 $ 385,000
HOMEPROMISE CORPORATION
60 S WASHINGTON ST, STE 106
GLEN ALLEN, VA 17225
* $ -1,000 1 $ 365,000
NBKC BANK
8320 WARD PARKWAY
KANSAS, KS 64114
* $ 1,052,701,000 1 $ 285,000
FARMERS BANK & TRUST
1017 HARRISON
GREAT BEND, KS 67530
* $ 977,048,000 1 $ 385,000
DELMAR FINANCIAL COMPANY
1066 EXECUTIVE PARKWAY SUITE 100
ST. LOUIS, MO 63141
* $ -1,000 1 $ 465,000
PFCU
9077 CHARLOTTE HWY
PORTLAND, MI 48875
* $ 786,833,000 1 $ 265,000
CLEARVIEW FEDERAL CREDIT UNION
8805 UNIVERSITY BLVD
MOON TOWNSHIP, PA 15108
* $ 1,817,155,000 1 $ 105,000
COMERICA BANK
411 W LAFAYETTE BLVD
DALLAS, TX 48226
* $ 85,531,000,000 1 $ 55,000
AMERICAN FINANCIAL RESOURCES, INC.
9 SYLVAN WAY
PARSIPPANY-TROY HILLS, NJ 07054
* $ -1,000 1 $ 225,000
MOVEMENT MORTGAGE, LLC
8024 CALVIN HALL ROAD
WILMINGTON, DE 29707
* $ -1,000 1 $ 245,000
CREDIT UNION ONE
400 E NINE MILE RD
FERNDALE, MI 48220
* $ 1,758,444,000 1 $ 15,000
THE MONEY SOURCE INC.
135 MAXESS ROAD
NEW YORK, NY 11747
* $ -1,000 1 $ 185,000
FARMERS INSURANCE GROUP FEDERAL CREDIT UNION
4601 WILSHIRE BL. STE 110
BURBANK, CA 90010
* $ 1,367,031,000 1 $ 55,000
ALLY BANK
2101, 300 EAST REXFORD RD
SANDY, UT 28211
* $ 181,890,000,000 1 $ 85,000
GUARANTEED RATE, INC.
3940 NORTH RAVENSWOOD AVE
WILMINGTON, DE 60613
* $ -1,000 1 $ 495,000
TEACHERS FEDERAL CREDIT UNION
102 MOTOR PARKWAY
HAUPPAUGE, NY 11788
* $ 9,280,218,000 1 $ 45,000
T2 FINANCIAL LLC
480 OLDE WORTHINGTON RD SUITE 300
CINCINNATI, OH 43082
* $ -1,000 1 $ 225,000
UNIVERSITY OF MICHIGAN CREDIT UNION
340 E. HURON
ANN ARBOR, MI 48104
* $ 1,361,435,000 1 $ 45,000

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 Mason County MI in 2023

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 347 $73,015,000 $210,000 $3,005,000 $140,000 $3,448,000
Cash-out Refinancing 118 $19,660,000 $166,000 $1,955,000 $88,000 $999,000
Home Improvement 80 $6,040,000 $75,000 $405,000 $98,000 $348,000
Other Purpose 80 $7,290,000 $91,000 $605,000 $84,000 $380,000
Refinancing 59 $8,535,000 $144,000 $545,000 $94,000 $444,000
Not Applicable 2 $120,000 $60,000 $75,000 $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 506 $85,900,000 $169,000 $3,005,000 $117,000 $3,448,000
Not Provided 90 $16,180,000 $179,000 $1,955,000 $103,000 $999,000
Not applicable 60 $7,750,000 $129,000 $385,000 $129,000 $129,000
Hispanic 12 $1,480,000 $123,000 $255,000 $84,000 $150,000
American Indian or Alaskan Native 11 $1,125,000 $102,000 $245,000 $103,000 $380,000
Native Hawaiian or Other Pacific Islander 3 $1,365,000 $455,000 $1,005,000 $46,000 $46,000
Black or African American 2 $240,000 $120,000 $185,000 $139,000 $232,000
Asian 1 $385,000 $385,000 $385,000 $129,000 $129,000

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) 543 $88,615,000 $163,000 $3,005,000 $126,000 $3,448,000
FHA-insured (Federal Housing Administration) 93 $15,265,000 $164,000 $345,000 $62,000 $156,000
VA-guaranteed (Veterans Administration) 46 $10,310,000 $224,000 $455,000 $71,000 $196,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 4 $470,000 $117,000 $145,000 $60,000 $69,000

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 330 $59,120,000 $179,000 $2,885,000 $128,000 $3,448,000
Application Denied By Financial Institution 126 $17,430,000 $138,000 $1,955,000 $91,000 $999,000
Application Withdrawn By Applicant 95 $20,635,000 $217,000 $3,005,000 $121,000 $2,774,000
Loan Purchased By The Institution 59 $7,545,000 $127,000 $385,000 $69,000 $129,000
File Closed For Incompleteness 50 $6,200,000 $124,000 $515,000 $79,000 $380,000
Application Approved But Not Accepted 25 $3,645,000 $145,000 $495,000 $98,000 $350,000
Preapproval Approved but not Accepted 1 $85,000 $85,000 $85,000 $153,000 $153,000
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 543 $94,675,000 $174,000 $3,005,000 $120,000 $3,448,000
Debt-To-Income Ratio 52 $7,150,000 $137,000 $435,000 $83,000 $507,000
Collateral 30 $5,530,000 $184,000 $1,955,000 $130,000 $999,000
Credit History 27 $2,475,000 $91,000 $295,000 $91,000 $348,000
Credit Application Incomplete 12 $1,180,000 $98,000 $205,000 $79,000 $121,000
Other 11 $1,625,000 $147,000 $605,000 $99,000 $230,000
Unverifiable Information 6 $1,110,000 $185,000 $335,000 $61,000 $105,000
Insufficient Cash (Downpayment, Closing Cost) 3 $555,000 $185,000 $255,000 $42,000 $47,000
Employment History 2 $360,000 $180,000 $185,000 $51,000 $51,000
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