Find mortgage statistics and lending data for the Montmorency 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 Montmorency 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 | 467 |
Total Mortgage Loan Application Amount | $46,875,000 |
Average Mortgage Loan Application Amount | $100,000 |
Highest Mortgage Loan Application Amount | $725,000 |
Average Applicant Income | $77,000 |
Highest Applicant Income | $550,000 |
Mortgage Lender | Phone Number | Mortgage Lender Assets | Number of Mortgage Loan Applications | Total Dollar Amount of Mortgage Loan Applications |
---|---|---|---|---|
COMMUNITY FINANCIAL CREDIT UNION 500 S HARVEY ST PLYMOUTH, MI 48170 |
* | $ 856,824,000 | 89 | $ 5,055,000 |
THE HUNTINGTON NATIONAL BANK 7 EASTON OVAL EA5C242 COLUMBUS, OH 43219 |
* | $ 104,052,030,000 | 27 | $ 2,455,000 |
AMERIFIRST FINANCIAL CORPORATION 950 TRADE CENTRE WAY SUITE 400 KALAMAZOO, MI 49009 |
* | $ -1,000 | 24 | $ 2,040,000 |
PNC BANK, NATIONAL ASSOCIATION 249 FIFTH AVE. MS P1-POPP-22-2 PITTSBURGH, PA 15222 |
* | $ 370,002,264,000 | 17 | $ 1,665,000 |
CHEMICAL BANK 333 E MAIN STREET MIDLAND, MI 48640 |
* | $ 19,236,876,000 | 16 | $ 1,950,000 |
MBANK 130 S CEDAR ST MANISTIQUE, MI 49854 |
* | $ 983,761,000 | 16 | $ 1,540,000 |
WELLS FARGO BANK, NATIONAL ASSOCIATION 100 N MAIN STREET MAC D4001-042 WINSTON-SALEM, NC 27150 |
* | $ 1,747,398,000,000 | 10 | $ 1,080,000 |
JPMORGAN CHASE BANK, NATIONAL ASSOCIATION 1111 POLARIS PARKWAY COLUMBUS, OH 43240 |
* | $ 2,140,778,000,000 | 10 | $ 1,290,000 |
NEW DAY FINANCIAL, LLC 8160 MAPLE LAWN BLVD. FULTON, MD 20759 |
* | $ -1,000 | 8 | $ 1,090,000 |
MORTGAGE 1 INCORPORATED 43456 MOUND ROAD STERLING HEIGHTS, MI 49314 |
* | $ -1,000 | 7 | $ 975,000 |
FIFTH THIRD MORTGAGE COMPANY 5001 KINGSLEY DRIVE MD 1MOB2W CINCINNATI, OH 45227 |
* | $ -1,000 | 7 | $ 655,000 |
NATIONSTAR MORTGAGE LLC 8950 CYPRESS WATERS BLVD. COPPELL, TX 75019 |
* | $ -1,000 | 6 | $ 570,000 |
LAKE MICHIGAN CREDIT UNION PO BOX 2848 GRAND RAPIDS, MI 49501 |
* | $ 5,221,804,000 | 6 | $ 780,000 |
LOANDEPOT.COM, LLC 26642 TOWNE CENTRE DRIVE FOOTHILL RANCH, CA 92610 |
* | $ -1,000 | 5 | $ 595,000 |
FIFTH THIRD BANK 38 FOUNTAIN SQUARE MD1090K1 CINCINNATI, OH 45263 |
* | $ 140,077,697,000 | 5 | $ 325,000 |
MICHIGAN STATE UNIVERSITY FEDERAL CREDIT UNION 3777 WEST ROAD EAST LANSING, MI 48823 |
* | $ 3,846,080,000 | 4 | $ 290,000 |
FREEDOM MORTGAGE CORPORATION 10500 KINCAID DRIVE FISHERS, IN 46037 |
* | $ -1,000 | 4 | $ 800,000 |
USAA FEDERAL SAVINGS BANK 10750 MCDERMOTT FREEWAY SAN ANTONIO, TX 78288 |
* | $ 80,522,766,000 | 4 | $ 460,000 |
AMERIHOME MORTGAGE COMPANY, LLC 21215 BURBANK BLVD, SUITE 400 WOODLAND HILLS, CA 91367 |
* | $ -1,000 | 4 | $ 640,000 |
J. VIRGIL, INC. G3404 MILLER ROAD FLINT, MI 48507 |
* | $ -1,000 | 4 | $ 500,000 |
MORTGAGE RESEARCH CENTER, LLC 1400 VETERANS UNITED DR. COLUMBIA, MO 65203 |
* | $ -1,000 | 4 | $ 450,000 |
FLAGSTAR BANK, FSB 5151 CORPORATE DRIVE TROY, MI 48098 |
* | $ 16,855,693,000 | 4 | $ 510,000 |
UNITED SHORE FINANCIAL SERVICES, LLC 1414 EAST MAPLE ROAD TROY, MI 48083 |
* | $ -1,000 | 4 | $ 530,000 |
PENNYMAC LOAN SERVICES, LLC 3043 TOWNSGATE ROAD WESTLAKE VILLAGE, CA 91361 |
* | $ -1,000 | 4 | $ 430,000 |
FIFTH THIRD MORTGAGE-MI, LLC 5001 KINGSLEY DRIVE MD 1MOB2W CINCINNATI, OH 45227 |
* | $ -1,000 | 4 | $ 430,000 |
CITIZENS BANK, NATIONAL ASSOCIATION ONE CITIZENS PLAZA PROVIDENCE, RI 02903 |
* | $ 121,995,997,000 | 3 | $ 95,000 |
TOWNE MORTGAGE COMPANY 2170 E. BIG BEAVER ROAD, SUITE A TROY, MI 48083 |
* | $ -1,000 | 3 | $ 285,000 |
PACIFIC UNION FINANCIAL, LLC 8900 FREEPORT PKWY, STE 150 IRVING, TX 75063 |
* | $ -1,000 | 3 | $ 355,000 |
DITECH FINANCIAL LLC 1100 VIRGINIA DRIVE, SUITE 100 FORT WASHINGTON, PA 19034 |
* | $ -1,000 | 3 | $ 405,000 |
NAVY FEDERAL CREDIT UNION 820 FOLLIN LANE VIENNA, VA 22180 |
* | $ 90,565,764,000 | 3 | $ 345,000 |
BROKER SOLUTIONS, INC. 14511 MYFORD ROAD, SUITE 100 TUSTIN, CA 92780 |
* | $ -1,000 | 3 | $ 475,000 |
ENVOY MORTGAGE, LTD 5100 WESTHEIMER RD, STE 320 HOUSTON, TX 77056 |
* | $ -1,000 | 3 | $ 155,000 |
MICHIGAN MUTUAL, INC. 911 MILITARY STREET PORT HURON, MI 48060 |
* | $ -1,000 | 3 | $ 255,000 |
SECURITY CREDIT UNION 5255 SECURITY PARK BLVD HOLLY, MI 48442 |
* | $ 415,591,000 | 2 | $ 40,000 |
CALIBER HOME LOANS, INC. 1525 S. BELTLINE ROAD COPPELL, TX 75019 |
* | $ -1,000 | 2 | $ 190,000 |
HOMEWARD RESIDENTIAL, INC. 16675 ADDISON ROAD ADDISON, TX 75001 |
* | $ -1,000 | 2 | $ 190,000 |
MORTGAGE CENTER L.C 29621 NORTHWESTERN HWY SOUTHFIELD, MI 48034 |
* | $ -1,000 | 2 | $ 140,000 |
MICHIGAN SCHOOLS AND GOVERNMENT 40400 GARFIELD ROAD CLINTON TOWNSHIP, MI 48038 |
* | $ 1,853,578,000 | 2 | $ 130,000 |
PLATINUM HOME MORTGAGE CORPORATION 2200 HICKS RD, STE 101 ROLLING MEADOWS, IL 60008 |
* | $ -1,000 | 2 | $ 460,000 |
MAIN STREET BANK 31780 TELEGRAPH ROAD, SUITE 100 BINGHAM FARMS, MI 48025 |
* | $ 227,688,000 | 2 | $ 380,000 |
GENISYS 2100 EXECUTIVE HILLS BLVD AUBURN HILLS, MI 48326 |
* | $ 2,349,213,000 | 2 | $ 270,000 |
HURON VALLEY FINANCIAL, INC. 2395 OAK VALLEY DRIVE, SUITE 200 ANN ARBOR, MI 48103 |
* | $ -1,000 | 2 | $ 130,000 |
TEAM ONE CREDIT UNION 520 HAYDEN SAGINAW, MI 48607 |
* | $ 500,815,000 | 2 | $ 170,000 |
MONROE BANK & TRUST 102 E FRONT ST MONROE, MI 48161 |
* | $ 1,347,101,000 | 2 | $ 230,000 |
BANK OF AMERICA, NATIONAL ASSOCIATION 31303 AGOURA RD CA6-917-01-20 WESTLAKE VILLAGE, CA 91361 |
* | $ 1,751,524,000,000 | 2 | $ 70,000 |
PLAZA HOME MORTGAGE, INC. 4820 EASTGATE MALL, STE 100 SAN DIEGO, CA 92121 |
* | $ -1,000 | 2 | $ 120,000 |
THE MONEY SOURCE INC. 135 MAXESS ROAD MELVILLE, NY 11747 |
* | $ -1,000 | 2 | $ 410,000 |
MERCANTILE BANK OF MICHIGAN 310 LEONARD ST NW GRAND RAPIDS, MI 49504 |
* | $ 3,266,805,000 | 2 | $ 280,000 |
NORTHPOINTE BANK 3333 DEPOSIT DRIVE NE GRAND RAPIDS, MI 49546 |
* | $ 827,634,000 | 2 | $ 280,000 |
HOME POINT FINANCIAL CORPORATION 1194 OAK VALLEY DRIVE, SUITE 80 ANN ARBOR, MI 48108 |
* | $ -1,000 | 2 | $ 350,000 |
DFCU FINANCIAL 400 TOWN CENTER DRIVE DEARBORN, MI 48126 |
* | $ 4,628,126,000 | 2 | $ 480,000 |
VIBE CREDIT UNION 1375 N OAKLAND BLVD WATERFORD, MI 48327 |
* | $ 351,240,000 | 2 | $ 90,000 |
GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION 100 PHOENIX DR, STE 300 ANN ARBOR, MI 48108 |
* | $ -1,000 | 2 | $ 330,000 |
LIVE WELL FINANCIAL, INC. 1011 BOULDER SPRINGS DRIVE RICHMOND, VA 23225 |
* | $ -1,000 | 1 | $ 15,000 |
CROSSCOUNTRY MORTGAGE, INC. 6850 MILLER RD BRECKSVILLE, OH 44141 |
* | $ -1,000 | 1 | $ 85,000 |
DIRECTIONS CREDIT UNION, INC. 5121 WHITEFORD ROAD SYLVANIA, OH 43560 |
* | $ 715,175,000 | 1 | $ 175,000 |
ROYAL UNITED MORTGAGE LLC 7999 KNUE RD. STE 300 INDIANAPOLIS, IN 46250 |
* | $ -1,000 | 1 | $ 95,000 |
FIRST GUARANTY MORTGAGE CORPORATION 1900 GALLOWS ROAD, SUITE 800 TYSONS CORNER, VA 22182 |
* | $ -1,000 | 1 | $ 85,000 |
FRANKLIN AMERICAN MORTGAGE COMPANY 6100 TOWER CIRCLE SUITE 600 FRANKLIN, TN 37067 |
* | $ -1,000 | 1 | $ 185,000 |
ISABELLA BANK 139 E. BROADWAY MT. PLEASANT, MI 48858 |
* | $ 1,761,016,000 | 1 | $ 125,000 |
VANDERBILT MORTGAGE AND FINANCE, INC. 500 ALCOA TRAIL MARYVILLE, TN 37804 |
* | $ -1,000 | 1 | $ 105,000 |
AMERISAVE MORTGAGE CORPORATION 3525 PIEDMONT RD NE, 8 PIEDMONT CTR STE ATLANTA, GA 30305 |
* | $ -1,000 | 1 | $ 155,000 |
MEIJER CREDIT UNION 2410 GAYNOR AVE. NW GRAND RAPIDS, MI 49544 |
* | $ 64,219,000 | 1 | $ 275,000 |
DISCOVER BANK 12 READS WAY NEW CASTLE, DE 19720 |
* | $ 98,729,134,000 | 1 | $ 75,000 |
REVERSE MORTGAGE FUNDING LLC 1455 BROAD ST., 2ND FL BLOOMFIELD, NJ 07003 |
* | $ -1,000 | 1 | $ 155,000 |
PARAMOUNT RESIDENTIAL MORTGAGE GROUP, INC. 1265 CORONA POINTE CT SUITE 301 CORONA, CA 92879 |
* | $ -1,000 | 1 | $ 105,000 |
SUN WEST MORTGAGE COMPANY, INC. 18000 STUDEBAKER ROAD, SUITE 200 CERRITOS, CA 90703 |
* | $ -1,000 | 1 | $ 45,000 |
BANK OF ENGLAND PO BOX 70 ENGLAND, AR 72046 |
* | $ 316,352,000 | 1 | $ 105,000 |
FRANKENMUTH CREDIT UNION 580 N. MAIN ST., PO BOX 209 FRANKENMUTH, MI 48734 |
* | $ 567,059,000 | 1 | $ 125,000 |
GREENSTONE FARM CREDIT SERVICES, FLCA 3515 WEST RD EAST LANSING, MI 48823 |
* | $ -1,000 | 1 | $ 25,000 |
ACADEMY MORTGAGE CORPORATION 339 WEST 13490 SOUTH DRAPER, UT 84020 |
* | $ -1,000 | 1 | $ 75,000 |
UNITED FINANCIAL CREDIT UNION 4685 STATE ST. SAGINAW, MI 48603 |
* | $ 207,794,000 | 1 | $ 185,000 |
HEALTH ADVANTAGE FEDERAL CREDIT UNION 4550 STATE ST. SAGINAW, MI 48603 |
* | $ 134,886,000 | 1 | $ 45,000 |
COUNTY NATIONAL BANK ONE SOUTH HOWELL ST HILLSDALE, MI 49242 |
* | $ 621,791,000 | 1 | $ 55,000 |
NATIONS DIRECT MORTGAGE, LLC 5 HUTTON CENTRE DRIVE, SUITE 200 SANTA ANA, CA 92707 |
* | $ -1,000 | 1 | $ 105,000 |
LENDERLIVE NETWORK, LLC 710 S ASH GLENDALE, CO 80246 |
* | $ -1,000 | 1 | $ 75,000 |
CITIBANK, NATIONAL ASSOCIATION 1 COURT SQUARE,43RD FLOOR LONG ISLAND CITY, NY 11120 |
* | $ 1,384,707,000,000 | 1 | $ 45,000 |
MIDFIRST BANK 501 NW GRAND BLVD OKLAHOMA CITY, OK 73118 |
* | $ 14,726,156,000 | 1 | $ 45,000 |
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 4801 S. BILTMORE LANE MADISON, WI 53718 |
* | $ -1,000 | 1 | $ 95,000 |
PEOPLES BANK PO BOX 7 MENDENHALL, MS 39114 |
* | $ 284,719,000 | 1 | $ 75,000 |
OXFORD BANK 60 S WASHINGTON ST OXFORD, MI 48371 |
* | $ 386,344,000 | 1 | $ 165,000 |
LAKEVIEW LOAN SERVICING, LLC 4425 PONCE DE LEON BLVD. CORAL GABLES, FL 33146 |
* | $ -1,000 | 1 | $ 45,000 |
NBKC BANK 8320 WARD PARKWAY KANSAS CITY, MO 64114 |
* | $ 631,522,000 | 1 | $ 95,000 |
MICHIGAN EDUCATIONAL 9200 HAGGERTY ROAD PLYMOUTH, MI 48170 |
* | $ 799,558,000 | 1 | $ 75,000 |
DRAPER AND KRAMER MORTGAGE CORP. 1431 OPUS PLACE SUITE 200 DOWNERS GROVE, IL 60515 |
* | $ -1,000 | 1 | $ 125,000 |
MEMBERS FIRST CREDIT UNION PO BOX 2165 MIDLAND, MI 48641 |
* | $ 475,693,000 | 1 | $ 325,000 |
CHOU TEAM REALTY, LLC 25391 COMMERCENTRE DRIVE LAKE FOREST, CA 92630 |
* | $ -1,000 | 1 | $ 135,000 |
CITIMORTGAGE, INC. 1 COURT SQUARE, 43RD FLOOR LONG ISLAND CITY, NY 11120 |
* | $ -1,000 | 1 | $ 45,000 |
RUOFF MORTGAGE COMPANY, INC. 1700 MAGNAVOX WAY SUITE 220 FORT WAYNE, IN 46804 |
* | $ -1,000 | 1 | $ 95,000 |
21ST MORTGAGE CORPORATION 620 MARKET ST SUITE 100 KNOXVILLE, TN 37902 |
* | $ -1,000 | 1 | $ 65,000 |
ZILLOW HOME LOANS, LLC 10975 EL MONTE ST OVERLAND PARK, KS 66211 |
* | $ -1,000 | 1 | $ 45,000 |
MYCUMORTGAGE, LLC 3560 PENTAGON BLVD. SUITE 301 BEAVERCREEK, OH 45431 |
* | $ -1,000 | 1 | $ 275,000 |
TEXAS CAPITAL BANK, NATIONAL ASSOCIATION 2000 MCKINNEY AVE SUITE 700 DALLAS, TX 75201 |
* | $ 25,054,739,000 | 1 | $ 155,000 |
ASSOCIATED BANK, NATIONAL ASSOCIATION 200 NORTH ADAMS STREET GREEN BAY, WI 54301 |
* | $ 30,422,051,000 | 1 | $ 725,000 |
MARSHALL COMMUNITY CREDIT UNION 839 W GREEN ST MARSHALL, MI 49068 |
* | $ 187,960,000 | 1 | $ 65,000 |
NATIONS LENDING CORPORATION 4 SUMMIT PARK DR STE 200 INDEPENDENCE, OH 44131 |
* | $ -1,000 | 1 | $ 225,000 |
FINANCIAL PLUS CREDIT UNION G-3381 VAN SLYKE RD, P.O. BOX 7006 FLINT, MI 48507 |
* | $ 520,485,000 | 1 | $ 25,000 |
J.G. WENTWORTH HOME LENDING, LLC 3350 COMMISSION COURT WOODBRIDGE, VA 22192 |
* | $ -1,000 | 1 | $ 115,000 |
COMERICA BANK 411 W LAFAYETTE BLVD DETROIT, MI 48226 |
* | $ 71,609,090,000 | 1 | $ 75,000 |
INDEPENDENT BANK 4200 EAST BELTLINE GRAND RAPIDS, MI 49525 |
* | $ 2,780,041,000 | 1 | $ 225,000 |
DOW CHEMICAL EMPLOYEES' 600 E. LYON ROAD P.O. BOX 1649 MIDLAND, MI 48641 |
* | $ 1,638,115,000 | 1 | $ 25,000 |
UNION HOME MORTGAGE CORP. 8241 DOW CIRCLE STRONGSVILLE, OH 44136 |
* | $ -1,000 | 1 | $ 65,000 |
DORT FINANCIAL CREDIT UNION 9048 HOLLY ROAD GRAND BLANC, MI 48439 |
* | $ 783,695,000 | 1 | $ 25,000 |
CREDIT UNION ONE 400 E NINE MILE RD FERNDALE, MI 48220 |
* | $ 1,144,824,000 | 1 | $ 65,000 |
FREESTAR FINANCIAL CREDIT UNION PO BOX 2800 MT CLEMENS, MI 48046 |
* | $ 207,913,000 | 1 | $ 65,000 |
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.
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 | 234 | $26,580,000 | $113,000 | $725,000 | $84,000 | $538,000 |
Cash-out Refinancing | 79 | $9,115,000 | $115,000 | $275,000 | $62,000 | $240,000 |
Refinancing | 76 | $7,130,000 | $93,000 | $325,000 | $77,000 | $306,000 |
Home Improvement | 44 | $2,570,000 | $58,000 | $505,000 | $85,000 | $550,000 |
Other Purpose | 31 | $1,275,000 | $41,000 | $125,000 | $59,000 | $163,000 |
Not Applicable | 3 | $205,000 | $68,000 | $95,000 | $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 | 392 | $38,400,000 | $97,000 | $725,000 | $78,000 | $550,000 |
Not Provided | 43 | $5,005,000 | $116,000 | $375,000 | $77,000 | $240,000 |
Not applicable | 27 | $2,905,000 | $107,000 | $265,000 | $21,000 | $21,000 |
Hispanic | 4 | $510,000 | $127,000 | $225,000 | $82,000 | $123,000 |
Asian | 1 | $55,000 | $55,000 | $55,000 | $24,000 | $24,000 |
Black or African American | 0 | $0 | $0 | $0 | $0 | $0 |
Native Hawaiian or Other Pacific Islander | 0 | $0 | $0 | $0 | $0 | $0 |
American Indian or Alaskan Native | 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) | 336 | $34,270,000 | $101,000 | $725,000 | $88,000 | $550,000 |
FHA-insured (Federal Housing Administration) | 55 | $4,215,000 | $76,000 | $255,000 | $39,000 | $90,000 |
VA-guaranteed (Veterans Administration) | 48 | $6,260,000 | $130,000 | $265,000 | $60,000 | $129,000 |
FSA/RHS (Farm Service Agency or Rural Housing Service) | 28 | $2,130,000 | $76,000 | $235,000 | $41,000 | $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 |
---|---|---|---|---|---|---|
Loan Originated | 282 | $28,130,000 | $99,000 | $485,000 | $81,000 | $538,000 |
Application Denied By Financial Institution | 83 | $8,175,000 | $98,000 | $725,000 | $71,000 | $550,000 |
Loan Purchased By The Institution | 41 | $5,075,000 | $123,000 | $275,000 | $102,000 | $262,000 |
Application Withdrawn By Applicant | 30 | $3,410,000 | $113,000 | $265,000 | $77,000 | $200,000 |
Application Approved But Not Accepted | 22 | $1,100,000 | $50,000 | $125,000 | $43,000 | $144,000 |
File Closed For Incompleteness | 9 | $985,000 | $109,000 | $255,000 | $66,000 | $90,000 |
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 |
---|---|---|---|---|---|---|
Not applicable | 381 | $38,425,000 | $100,000 | $485,000 | $78,000 | $538,000 |
Collateral | 31 | $3,755,000 | $121,000 | $725,000 | $96,000 | $550,000 |
Debt-To-Income Ratio | 22 | $2,070,000 | $94,000 | $255,000 | $64,000 | $227,000 |
Credit History | 19 | $1,185,000 | $62,000 | $225,000 | $54,000 | $214,000 |
Other | 5 | $385,000 | $77,000 | $105,000 | $60,000 | $125,000 |
Credit Application Incomplete | 4 | $450,000 | $112,000 | $255,000 | $47,000 | $71,000 |
Unverifiable Information | 2 | $230,000 | $115,000 | $175,000 | $59,000 | $81,000 |
Employment History | 2 | $320,000 | $160,000 | $235,000 | $78,000 | $124,000 |
Insufficient Cash (Downpayment, Closing Cost) | 1 | $55,000 | $55,000 | $55,000 | $32,000 | $32,000 |
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.