Newaygo County MI
Mortgage Loan Application
Totals and Details
for 2010

Find mortgage statistics and lending data for the Newaygo 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 Newaygo 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 2,214
Total Mortgage Loan Application Amount $223,417,000
Average Mortgage Loan Application Amount $100,000
Highest Mortgage Loan Application Amount $1,750,000
Average Applicant Income $63,000
Highest Applicant Income $2,167,000

Mortgage Company List for Lending in Newaygo County MI for 2010

* 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
INDEPENDENT MORTGAGE CO
230 W MAIN ST
IONIA, MI 48846
* $ 2,963,444,000 232 $ 22,752,000
FIFTH THIRD MORTGAGE, MI LLC
5001 KINGSLEY DRIVE MD 1MOB2W
CINCINNATI, OH 45227
* $ 48,969,000 200 $ 22,582,000
THE HUNTINGTON NATIONAL BANK
7575 HUNTINGTON PARK DR
COLUMBUS, OH 43235
* $ 51,111,245,000 189 $ 18,676,000
CHOICEONE BANK
109 E. DIVISION ST.
SPARTA, MI 49345
* $ 462,863,000 189 $ 17,166,000
FIFTH THIRD MORTGAGE COMPANY
5001 KINGSLEY DRIVE MD 1MOB2W
CINCINNATI, OH 45227
* $ 112,736,105,000 141 $ 15,358,000
GERBER FEDERAL CREDIT UNION
508 STATE STREET PO BOX 116
FREMONT, MI 49412
* $ 112,288,000 110 $ 7,256,000
BANK OF AMERICA, N.A.
4500 PARK GRANADA
CALABASAS, CA 91302
* $ 1,465,221,449,000 104 $ 11,396,000
CHEMICAL BANK
333 E MAIN STREET
MIDLAND, MI 48640
* $ 4,243,065,000 96 $ 8,121,000
INDEPENDENT BANK
4200 EAST BELTLINE
GRAND RAPIDS, MI 49525
* $ 2,963,444,000 77 $ 5,363,000
FIFTH THIRD BANK
5001 KINGSLEY DRIVE MD 1MOB2W
CINCINNATI, OH 45227
* $ 112,736,105,000 77 $ 5,910,000
WELLS FARGO BANK, NA
100 N MAIN STREET MAC D4001-063
WINSTON-SALEM, NC 27150
* $ 608,778,000,000 75 $ 7,793,000
JPMORGAN CHASE BANK, NA
1111 POLARIS PARKWAY
COLUMBUS, OH 43240
* $ 1,627,684,000,000 67 $ 7,277,000
LAKE MICHIGAN CREDIT UNION
PO BOX 2848
GRAND RAPIDS, MI 49501
* $ 1,833,363,000 61 $ 7,309,000
FLAGSTAR BANK
5151 CORPORATE DR
TROY, MI 48098
* $ 14,483,100,000 35 $ 4,432,000
FIRST NATIONAL BANK OF AMERICA
241 EAST SAGINAW
EAST LANSING, MI 48823
* $ 475,815,000 30 $ 1,201,000
US BANK, N.A.
777 EAST WISCONSIN AVE
MILWAUKEE, WI 53202
* $ 276,376,130,000 29 $ 2,983,000
MEMBER FIRST MORTGAGE, LLC
616 44TH STREET SE
GRAND RAPIDS, MI 49548
* $ 11,800,000 25 $ 2,986,000
AMERIFIRST FINANCIAL CORPORATI
616 WEST CENTRE AVENUE
PORTAGE, MI 49024
* $ 10,000,000 22 $ 2,518,000
WELLS FARGO FUNDING, INC
100 N MAIN STREEET MAC D4001-063
WINSTON-SALEM, NC 27150
* $ 25,457,000 22 $ 2,237,000
CITIMORTGAGE, INC
601 LEXINGTON AVENUE, 20TH FLOOR
NEW YORK, NY 10022
* $ 1,019,497,000,000 16 $ 1,935,000
PNC BANK N.A.
249 FIFTH AVE. MS P1-POPP-22-2
PITTSBURGH, PA 15222
* $ 260,309,849,000 16 $ 1,352,000
THE SHELBY STATE BANK
242 N MICHIGAN AVE
SHELBY, MI 49455
* $ 181,948,000 16 $ 1,392,000
ALLY BANK F/K/A/ GMAC BANK
1100 VIRGINIA DRIVE
FT. WASHINGTON, PA 19034
* $ 55,302,902,000 15 $ 2,110,000
WEST MICHIGAN CREDIT UNION
1319 FRONT AVE NW
GRAND RAPIDS, MI 49504
* $ 101,106,000 15 $ 1,219,000
POLARIS HOME FUNDING CORP.
151 44TH ST. SW
GRANDVILLE, MI 49418
* $ 10,000,000 14 $ 1,668,000
GMAC MORTGAGE LLC
1100 VIRGINIA DRIVE
FT. WASHINGTON, PA 19034
* $ 31,000,000 13 $ 1,663,000
ARBOR MORTGAGE CORPORATION
2311 EAST BELTLINE AVE SE 200
GRAND RAPIDS, MI 49546
* $ 15,555,000 12 $ 1,279,000
BRANCH BANKING AND TRUST CO
223 W NASH STREET
WILSON, NC 27893
* $ 159,675,538,000 12 $ 1,425,000
GREENSTONE FARM CREDIT SERVICES, FLCA
3515 WEST RD
EAST LANSING, MI 48823
* $ 10,000,000 11 $ 2,569,000
USAA FEDERAL SAVINGS BANK
10750 MCDERMOTT FREEWAY
SAN ANTONIO, TX 78288
* $ 37,922,355,000 10 $ 1,358,000
SRC MORTGAGE
402 E. FRONT STREET
TRAVERSE CITY, MI 49686
* $ 2,223,299,000 10 $ 614,000
FIRST PLACE BANK
185 EAST MARKET
WARREN, OH 44481
* $ 3,245,297,000 9 $ 1,785,000
ISABELLA BANK
139 E. BROADWAY
MT. PLEASANT, MI 48858
* $ 1,087,522,000 8 $ 670,000
THE BANK OF HOLLAND
150 CENTRAL AVE
HOLLAND, MI 49423
* $ 594,388,000 8 $ 1,752,000
MACATAWA BANK
PO BOX 3119
HOLLAND, MI 49422
* $ 1,826,955,000 7 $ 913,000
MERCANTILE BANK MTG CO LLC
4613 ALPINE AVE NW
COMSTOCK PARK, MI 49321
* $ 698,000,000 7 $ 1,732,000
FOUNDERS BANK & TRUST
5200 CASCADE ROAD SE
GRAND RAPIDS, MI 49546
* $ 388,602,000 7 $ 1,117,000
RIVERTOWN COMMUNITY
3121 MACATAWA DR
GRANDVILLE, MI 49418
* $ 69,108,000 7 $ 180,000
CITIZENS BANK
328 S SAGINAW ST
FLINT, MI 48502
* $ 11,336,105,000 7 $ 448,000
CITIFINANCIAL, INC.
300 ST. PAUL PLACE
BALTIMORE, MD 21202
* $ 1,494,037,000,000 6 $ 337,000
PRIMELENDING, A PLAINSCAPITAL COMPANY
18111 PRESTON ROAD SUITE 900
DALLAS, TX 75252
* $ 4,542,636,000 6 $ 650,000
DFCU FINANCIAL
400 TOWN CENTER DRIVE
DEARBORN, MI 48126
* $ 2,140,880,000 6 $ 514,000
AMERA MORTGAGE CORPORATION
1050 CORPORATE OFFICE DRIVE, STE 250
MILFORD, MI 48381
* $ 1,300,000,000 6 $ 482,000
MY PERSONAL
1414 BURTON SW
WYOMING, MI 49509
* $ 100,086,000 6 $ 455,000
VAN DYK MORTGAGE CORPORATION
2449 CAMELOT CT SE
GRAND RAPIDS, MI 49546
* $ 10,000,000 5 $ 609,000
PHH MORTGAGE CORPORATION
1 MORTGAGE WAY
MT LAUREL, NJ 08054
* $ 31,000,000 5 $ 548,000
ROSS MORTGAGE CORPORATION
2075 W. BIG BEAVER, SUITE 700
TROY, MI 48084
* $ 10,000,000 5 $ 672,000
21ST MORTGAGE CORPORATION
620 MARKET ST SUITE 100
KNOXVILLE, TN 37902
* $ 10,000,000 5 $ 256,000
SHORE MORTGAGE
770 S. ADAMS ROAD #300
BIRMINGHAM, MI 48009
* $ 10,000,000 5 $ 765,000
EVOLVE BANK & TRUST
301 SHOPPING WAY BLVD
WEST MEMPHIS, AR 72301
* $ 123,758,000 5 $ 867,000
METLIFE BANK, N.A.
334 MADISON AVENUE
CONVENT STATION, NJ 07961
* $ 14,106,965,000 5 $ 704,000
ADMIRALS BANK FORMER DOMESTIC
815 RESERVOIR AVE
CRANSTON, RI 02910
* $ 234,124,000 4 $ 54,000
MIDFIRST BANK
501 NW GRAND BLVD.
OKLAHOMA CITY, OK 73118
* $ 12,817,999,000 4 $ 447,000
FIRST GUARANTY MORTGAGE CORPORATION
1900 GALLOWS ROAD, SUITE 800
TYSONS CORNER, VA 22182
* $ 10,000,000 4 $ 408,000
MICHIGAN MUTUAL, INC.
911 MILITARY STREET
PORT HURON, MI 48060
* $ 35,000,000,000 4 $ 469,000
MMS MORTGAGE SERVICES, LTD.
38275 TWELVE MILE RD., SUITE 100
FARMINGTON HILLS, MI 48331
* $ 5,598,000 3 $ 454,000
AMERICAN FINANCIAL RESOURCES, INC.
9 SYLVAN WAY
PARSIPPANY, NJ 07054
* $ 10,000,000 3 $ 303,000
AMERISAVE MORTGAGE CORPORATION
3525 PIEDMONT RD NE, 8 PIEDMONT CTR STE
ATLANTA, GA 30305
* $ 8,994,122,000 3 $ 391,000
NEIGHBORHOOD MORTGAGE SOLUTION
PO BOX 209 544 N MAIN ST
FRANKENMUTH, MI 48734
* $ 77,551,000 3 $ 381,000
ARBOR FINANCIAL CREDIT UNION
1551 SOUTH 9TH STREET
KALAMAZOO, MI 49009
* $ 330,884,000 3 $ 262,000
CITICORP TRUST BANK, FSB
601 LEXINGTON AVENUE, 20TH FLOOR
NEW YORK, NY 10022
* $ 17,832,340,000 3 $ 234,000
STATE FARM BANK
1 STATE FARM PLAZA
BLOOMINGTON, IL 61710
* $ 16,157,711,000 3 $ 165,000
FINANCIAL FREEDOM ACQUISITION
1 BANTING
IRVINE, CA 92618
* $ 36,000,000,000 3 $ 260,000
FIRST INDEPENDENCE BANK
7310 WOODWARD AVE SUITE 101
DETROIT, MI 48202
* $ 159,260,000 3 $ 242,000
UNITED BANK MORTGAGE CORPORATI
900 EAST PARIS AVE SE
GRAND RAPIDS, MI 49546
* $ 264,000,000 3 $ 276,000
NEW YORK COMMUNITY BANK
1 JERICHO PLAZA
JERICHO, NY 11753
* $ 40,150,052,000 3 $ 331,000
FIRSTBANK - WEST MICHIGAN
302 W MAIN ST
IONIA, MI 48846
* $ 209,273,000 2 $ 111,000
TALMER WEST BANK
2950 STATE STREET SOUTH
ANN ARBOR, MI 48104
* $ 1,089,434,000 2 $ 92,000
SOUTH CENTRAL BANK, NATIONAL ASSOCIATION
525 W ROOSEVELT RD
CHICAGO, IL 60607
* $ 237,957,000 2 $ 33,000
LAKE TRUST CREDIT UNION
4605 S OLD US HIGHWAY 23
BRIGHTON, MI 48114
* $ 681,978,000 2 $ 61,000
MICHIGAN STATE UNIVERSITY FEDERAL CREDIT UNION
3777 WEST ROAD
EAST LANSING, MI 48823
* $ 1,816,252,000 2 $ 36,000
WEST MICHIGAN MORTGAGE LLC
5367 SCHOOL AVE
HUDSONVILLE, MI 49426
* $ 126,230,000 2 $ 219,000
WOLVERINE BANK FSB
5710 EASTMAN AVE
MIDLAND, MI 48640
* $ 304,800,000 2 $ 317,000
E*TRADE BANK
671 NORTH GLEBE RD, 12TH FLOOR
ARLINGTON, VA 22203
* $ 45,042,065,000 2 $ 380,000
STONEGATE MORTGAGE CORPORATION
9190 PRIORITY WAY WEST DRIVE
INDIANAPOLIS, IN 46240
* $ 10,000,000 2 $ 121,000
ONE REVERSE MORTGAGE, LLC
4445 EASTGATE MALL, SUITE 320
SAN DIEGO, CA 92121
* $ 39,000,000 2 $ 132,000
MOUNTAIN STATES MORTGAGE
1333 E 9400 S
SANDY, UT 84093
* $ 10,000,000 2 $ 204,000
NATIONSTAR MORTGAGE LLC
8950 CYPRESS WATERS BLVD.
COPPELL, TX 75019
* $ 10,000,000 2 $ 140,000
FREEDOM MORTGAGE CORP.
10500 KINCAID DR. STE. 300
FISHERS, IN 46037
* $ 10,000,000 2 $ 363,000
GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION
100 PHOENIX DR, STE 300
ANN ARBOR, MI 48108
* $ 10,000,000 2 $ 294,000
SUN WEST MORTGAGE COMPANY, INC.
18000 STUDEBAKER ROAD, SUITE 200
CERRITOS, CA 90703
* $ 10,000,000 2 $ 200,000
NATIONWIDE ADVANTAGE MORTGAGE
1100 LOCUST ST
DES MOINES, IA 50391
* $ 31,000,000 1 $ 181,000
J. VIRGIL, INC.
G3404 MILLER ROAD
FLINT, MI 48507
* $ 500,000 1 $ 102,000
CAPITAL MORTGAGE FUNDING, LLC
17170 WEST 12 MILE ROAD
SOUTHFIELD, MI 48076
* $ 10,000,000 1 $ 227,000
PRIMARY RESIDENTIAL MORTGAGE
4750 W WILEY POST WAY SUITE 200
SALT LAKE CITY, UT 84116
* $ 10,000,000 1 $ 80,000
MORTGAGE CENTER L.C
29621 NORTHWESTERN HWY
SOUTHFIELD, MI 48034
* $ 30,000,000 1 $ 40,000
MORTGAGE RESEARCH CENTER, LLC
2101 CHAPEL PLAZA COURT SUITE 107
COLUMBIA, MO 65203
* $ 880,000,000 1 $ 146,000
FINANCE OF AMERICA REVERSE LLC
8023 EAST 63RD PLACE, SUITE 700
TULSA, OK 74133
* $ 3,125,000 1 $ 104,000
NEWREZ LLC
4000 CHEMICAL ROAD SUITE 200
PLYMOUTH MEETING, PA 19462
* $ 10,000,000 1 $ 76,000
PHH HOME LOANS, LLC
1 MORTGAGE WAY 2ND FLOOR
MT LAUREL, NJ 08054
* $ 4,597,939,000 1 $ 172,000
FIRST STATE MORTGAGE SERVICES, LLC
502 N HERSHEY ROAD
BLOOMINGTON, IL 61704
* $ 327,995,000 1 $ 58,000
ADVENTURE CREDIT UNION
630 32ND ST SE
GRAND RAPIDS, MI 49548
* $ 262,684,000 1 $ 23,000
GATEWAY BANK, FSB
2336 MERCED STREET
SAN LEANDRO, CA 94577
* $ 424,638,000 1 $ 66,000
MARSHALL COMMUNITY CREDIT UNION
839 W GREEN ST
MARSHALL, MI 49068
* $ 156,147,000 1 $ 12,000
AAC CREDIT UNION
904 BROADWAY NW
GRAND RAPIDS, MI 49504
* $ 58,384,000 1 $ 160,000
BEST FINANCIAL CREDIT UNION
1888 E SHERMAN BLVD
MUSKEGON, MI 49444
* $ 54,260,000 1 $ 5,000
PREFERRED CREDIT UNION
3767 SPARKS DR SE
GRAND RAPIDS, MI 49546
* $ 69,378,000 1 $ 5,000
MEIJER CREDIT UNION
2410 GAYNOR AVE. NW
GRAND RAPIDS, MI 49544
* $ 52,685,000 1 $ 131,000
GREENRIDGE MORTGAGE SERVICES
100 N MAIN STREET MAC D4001-063
WINSTON-SALEM, NC 27150
* $ 25,000,000 1 $ 110,000
MERRILL LYNCH CREDIT CORP
4500 PARK GRANADA CA7-910-01-24
CALABASAS, CA 91302
* $ 2,223,299,000 1 $ 770,000
FIRST NATIONAL ACCEPTANCE COMPANY
241 EAST SAGINAW/P.O. BOX 980
EAST LANSING, MI 48826
* $ 10,498,000 1 $ 20,000
EAGLE NATIONAL BANK
8045 WEST CHESTER PIKE
UPPER DARBY, PA 19082
* $ 273,674,000 1 $ 118,000
US BANK NORTH DAKOTA
777 EAST WISCONSIN AVE
MILWAUKEE, WI 53202
* $ 5,122,657,000 1 $ 65,000
EVERBANK
8100 NATIONS WAY
JACKSONVILLE, FL 32256
* $ 8,059,724,000 1 $ 68,000
AMERIPRISE BANK, FSB
707 2ND AVENUE SOUTH
MINNEAPOLIS, MN 55474
* $ 2,823,342,000 1 $ 68,000
1ST SOURCE BANK
P O BOX 1602 SUITE 400
SOUTH BEND, IN 46634
* $ 4,522,551,000 1 $ 293,000
SUNTRUST BANKS, INC.
P.O. BOX 4418, MAIL CODE 663
ATLANTA, GA 30302
* $ 164,340,844,000 1 $ 19,000
HSBC MORTGAGE CORP
2929 WALDEN AVE
DEPEW, NY 14043
* $ 92,958,000 1 $ 100,000
ROSE ACCEPTANCE, INC.
241 EAST SAGINAW/PO BOX 980
EAST LANSING, MI 48826
* $ 412,768,000 1 $ 10,000
COMERICA BANK
500 WOODWARD AVE - MC 3352
DETROIT, MI 48226
* $ 59,143,523,000 1 $ 68,000
BANK OF ANN ARBOR
1333 W ANN ARBOR ROAD
PLYMOUTH, MI 48185
* $ 543,312,000 1 $ 265,000
SELECT BANK
60 MONROE CENTER NW
GRAND RAPIDS, MI 49503
* $ 97,196,000 1 $ 118,000
GATEWAY BUSINESS BANK
18000 STUDEBAKER ROAD, SUITE 550
CERRITOS, CA 90703
* $ 216,229,000 1 $ 160,000
MERCANTILE BANK OF MICHIGAN
310 LEONARD ST NW
GRAND RAPIDS, MI 49504
* $ 1,904,762,000 1 $ 13,000
NPB MORTGAGE LLC
3333 DEPOSIT DRIVE NE
GRAND RAPIDS, MI 49546
* $ 145,000,000 1 $ 45,000
UNION BANK MORTGAGE COMPANY
933 FOURTH AVE
LAKE ODESSA, MI 48849
* $ 115,997,000 1 $ 142,000
ICNB MORTGAGE COMPANY LLC
302 W MAIN ST
IONIA, MI 48846
* $ 209,112,000 1 $ 113,000
UNIVERSITY BANK
2015 WASHTENAW AVE
ANN ARBOR, MI 48104
* $ 133,720,000 1 $ 199,000
KEYBANK NATIONAL ASSOCIATION
100 PUBLIC SQUARE STE 600 OH-01-10-06006
CLEVELAND, OH 44113
* $ 90,179,122,000 1 $ 109,000
PFCU
9077 CHARLOTTE HWY
PORTLAND, MI 48875
* $ 217,333,000 1 $ 18,000
UNITED
2807 SOUTH STATE ST
SAINT JOSEPH, MI 49085
* $ 1,108,831,000 1 $ 100,000
THE STATE BANK
175 N LEROY ST
FENTON, MI 48430
* $ 335,267,000 1 $ 144,000
MONROE BANK & TRUST
102 E FRONT ST
MONROE, MI 48161
* $ 1,382,803,000 1 $ 130,000
CHIPPEWA VALLEY BANK
15755 W COUNTY ROAD B
HAYWARD, WI 54843
* $ 219,921,000 1 $ 110,000
THE FIRST STATE BANK
PO BOX 295
BARBOURSVILLE, WV 25504
* $ 219,708,000 1 $ 81,000
HARRIS N.A.
111 W. MONROE
CHICAGO, IL 60603
* $ 43,971,627,000 1 $ 256,000

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 Newaygo County MI in 2010

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 1,513 $170,259,000 $112,000 $1,750,000 $68,000 $2,167,000
Home Purchase 573 $48,868,000 $85,000 $310,000 $53,000 $447,000
Home Improvement 128 $4,290,000 $33,000 $162,000 $48,000 $160,000

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 1,916 $197,024,000 $102,000 $1,750,000 $65,000 $2,167,000
Not Provided 159 $13,374,000 $84,000 $256,000 $60,000 $313,000
Not applicable 69 $7,242,000 $104,000 $311,000 $16,000 $894,000
Hispanic 38 $2,810,000 $73,000 $296,000 $39,000 $128,000
Black or African American 15 $1,429,000 $95,000 $271,000 $112,000 $864,000
American Indian or Alaskan Native 13 $1,003,000 $77,000 $170,000 $65,000 $180,000
Asian 4 $535,000 $133,000 $180,000 $82,000 $240,000
Native Hawaiian or Other Pacific Islander 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) 1,730 $178,062,000 $102,000 $1,750,000 $70,000 $2,167,000
FHA-insured (Federal Housing Administration) 367 $34,396,000 $93,000 $243,000 $39,000 $864,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 95 $8,468,000 $89,000 $236,000 $33,000 $66,000
VA-guaranteed (Veterans Administration) 22 $2,491,000 $113,000 $292,000 $42,000 $85,000

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 1,008 $100,705,000 $99,000 $1,750,000 $70,000 $2,167,000
Application Denied By Financial Institution 494 $46,677,000 $94,000 $770,000 $56,000 $864,000
Loan Purchased By The Institution 347 $37,747,000 $108,000 $411,000 $51,000 $450,000
Application Withdrawn By Applicant 217 $22,765,000 $104,000 $750,000 $66,000 $378,000
File Closed For Incompleteness 74 $7,624,000 $103,000 $285,000 $56,000 $225,000
Application Approved But Not Accepted 74 $7,899,000 $106,000 $308,000 $59,000 $141,000
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 131 $13,544,000 $103,000 $397,000 $71,000 $864,000
Credit History 82 $5,572,000 $67,000 $221,000 $47,000 $180,000
Debt-To-Income Ratio 43 $4,925,000 $114,000 $770,000 $48,000 $297,000
Other 34 $3,337,000 $98,000 $235,000 $56,000 $218,000
Credit Application Incomplete 23 $2,925,000 $127,000 $300,000 $86,000 $341,000
Unverifiable Information 9 $875,000 $97,000 $221,000 $44,000 $82,000
Insufficient Cash (Downpayment, Closing Cost) 7 $769,000 $109,000 $150,000 $34,000 $54,000
Employment History 4 $416,000 $104,000 $128,000 $39,000 $54,000
Mortgage Insurance Denied 3 $378,000 $126,000 $162,000 $51,000 $73,000

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