Oceana County MI
Mortgage Loan Application
Totals and Details
for 2015

Find mortgage statistics and lending data for the Oceana 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 Oceana 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 857
Total Mortgage Loan Application Amount $100,485,000
Average Mortgage Loan Application Amount $117,000
Highest Mortgage Loan Application Amount $975,000
Average Applicant Income $82,000
Highest Applicant Income $6,741,000

Mortgage Company List for Lending in Oceana County MI for 2015

* 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 SHELBY STATE BANK
242 N MICHIGAN AVE
SHELBY, MI 49455
* $ 214,601,000 97 $ 8,386,000
THE HUNTINGTON NATIONAL BANK
7 EASTON OVAL EA5C242
COLUMBUS, OH 43219
* $ 66,111,039,000 92 $ 8,365,000
FIFTH THIRD MORTGAGE, MI LLC
5001 KINGSLEY DRIVE MD 1MOB2W
CINCINNATI, OH 45227
* $ 48,969,000 52 $ 5,711,000
LAKE MICHIGAN CREDIT UNION
PO BOX 2848
GRAND RAPIDS, MI 49501
* $ 3,540,518,000 41 $ 6,764,000
HARBORLIGHT
2151 COGSWELL DR.
WHITEHALL, MI 49461
* $ 92,732,000 29 $ 2,816,000
PNC BANK, NATIONAL ASSOCIATION
249 FIFTH AVE. MS P1-POPP-22-2
PITTSBURGH, PA 15222
* $ 335,060,015,000 28 $ 2,899,000
WELLS FARGO BANK, NATIONAL ASSOCIATION
100 N MAIN STREET MAC D4001-042
WINSTON-SALEM, NC 27150
* $ 1,532,784,000,000 28 $ 3,963,000
FIFTH THIRD MORTGAGE COMPANY
5001 KINGSLEY DRIVE MD 1MOB2W
CINCINNATI, OH 45227
* $ 136,279,317,000 26 $ 3,591,000
MEMBER FIRST MORTGAGE, LLC
616 44TH STREET SE
GRAND RAPIDS, MI 49548
* $ 11,800,000 23 $ 2,203,000
ASPIRE FINANCIAL, INC.
4100 ALPHA ROAD SUITE 400
DALLAS, TX 75244
* $ 10,000,000 20 $ 2,514,000
JPMORGAN CHASE BANK, NATIONAL ASSOCIATION
1111 POLARIS PARKWAY
COLUMBUS, OH 43240
* $ 2,074,981,000,000 19 $ 2,407,000
INDEPENDENT BANK
4200 EAST BELTLINE
GRAND RAPIDS, MI 49525
* $ 2,237,914,000 16 $ 2,135,000
CHOICEONE BANK
109 E. DIVISION ST.
SPARTA, MI 49345
* $ 548,447,000 13 $ 1,160,000
LOANDEPOT.COM, LLC
26642 TOWNE CENTRE DRIVE
FOOTHILL RANCH, CA 92610
* $ 138,031,000 13 $ 1,702,000
TOWNE MORTGAGE COMPANY
2170 E. BIG BEAVER ROAD, SUITE A
TROY, MI 48083
* $ 35,475,880,000 13 $ 1,229,000
AMERIFIRST FINANCIAL CORPORATION
950 TRADE CENTRE WAY SUITE 400
KALAMAZOO, MI 49009
* $ 10,000,000 13 $ 1,303,000
FIFTH THIRD BANK
38 FOUNTAIN SQUARE MD1090K1
CINCINNATI, OH 45263
* $ 136,279,317,000 12 $ 969,000
EVOLVE BANK & TRUST
301 SHOPPING WAY BLVD
WEST MEMPHIS, AR 72301
* $ 377,710,000 12 $ 922,000
CHEMICAL BANK
333 E MAIN STREET
MIDLAND, MI 48640
* $ 7,312,796,000 11 $ 2,046,000
VAN DYK MORTGAGE CORPORATION
2449 CAMELOT CT SE
GRAND RAPIDS, MI 49546
* $ 10,000,000 10 $ 1,001,000
FLAGSTAR BANK
5151 CORPORATE DRIVE
TROY, MI 48098
* $ 9,779,461,000 9 $ 1,334,000
BANK OF AMERICA, NATIONAL ASSOCIATION
31303 AGOURA RD CA6-917-01-20
WESTLAKE VILLAGE, CA 91361
* $ 1,574,093,000,000 9 $ 2,136,000
FREEDOM MORTGAGE CORPORATION
10500 KINCAID DRIVE
FISHERS, IN 46037
* $ 10,000,000 8 $ 764,000
21ST MORTGAGE CORPORATION
620 MARKET ST SUITE 100
KNOXVILLE, TN 37902
* $ 10,000,000 8 $ 230,000
NATIONSTAR MORTGAGE LLC
8950 CYPRESS WATERS BLVD.
COPPELL, TX 75019
* $ 10,000,000 8 $ 801,000
MICHIGAN STATE UNIVERSITY FEDERAL CREDIT UNION
3777 WEST ROAD
EAST LANSING, MI 48823
* $ 2,775,046,000 6 $ 688,000
GERBER FEDERAL CREDIT UNION
508 STATE STREET PO BOX 116
FREMONT, MI 49412
* $ 125,501,000 6 $ 252,000
AMERIHOME MORTGAGE COMPANY, LLC
21215 BURBANK BLVD, SUITE 400
WOODLAND HILLS, CA 91367
* $ 10,000,000 6 $ 814,000
DITECH FINANCIAL LLC
1100 VIRGINIA DRIVE, SUITE 100
FORT WASHINGTON, PA 19034
* $ 6,260,444,000 6 $ 729,000
MORTGAGE RESEARCH CENTER, LLC
1400 VETERANS UNITED DR.
COLUMBIA, MO 65203
* $ 880,000,000 6 $ 920,000
TRUIST BANK
3100 SMOKETREE CT FL 5
RALEIGH, NC 27604
* $ 182,489,046,000 6 $ 608,000
NAVY FEDERAL CREDIT UNION
820 FOLLIN LANE
VIENNA, VA 22180
* $ 63,635,411,000 6 $ 1,106,000
U.S. BANK NATIONAL ASSOCIATION
425 WALNUT STREET
CINCINNATI, OH 45202
* $ 398,978,359,000 5 $ 802,000
PENNYMAC LOAN SERVICES LLC
3043 TOWNSGATE ROAD
WESTLAKE VILLAGE, CA 91361
* $ 39,000,000 5 $ 367,000
GREENSTONE FARM CREDIT SERVICES, FLCA
3515 WEST RD
EAST LANSING, MI 48823
* $ 10,000,000 5 $ 907,000
PACIFIC UNION FINANCIAL, LLC
8900 FREEPORT PKWY, STE 150
IRVING, TX 75063
* $ 40,000,000 5 $ 544,000
MERCANTILE BANK OF MICHIGAN
310 LEONARD ST NW
GRAND RAPIDS, MI 49504
* $ 2,873,028,000 4 $ 991,000
FIRST NATIONAL BANK OF AMERICA
241 EAST SAGINAW
EAST LANSING, MI 48823
* $ 668,685,000 4 $ 154,000
CITIBANK, NATIONAL ASSOCIATION
1 COURT SQUARE,43RD FLOOR
LONG ISLAND CITY, NY 11120
* $ 1,356,442,000,000 4 $ 463,000
USAA FEDERAL SAVINGS BANK
10750 MCDERMOTT FREEWAY
SAN ANTONIO, TX 78288
* $ 67,301,894,000 4 $ 579,000
SUNTRUST BANK
P.O. BOX 4418, MAIL CODE 0663
ATLANTA, GA 30302
* $ 185,888,583,000 3 $ 48,000
TIAA, FSB
501 RIVERSIDE AVENUE
JACKSONVILLE, FL 32202
* $ 21,610,491,000 3 $ 190,000
CITIMORTGAGE, INC.
1 COURT SQUARE, 43RD FLOOR
LONG ISLAND CITY, NY 11120
* $ 1,019,497,000,000 3 $ 313,000
OLD NATIONAL BANK
ONE MAIN STREET
EVANSVILLE, IN 47708
* $ 7,873,796,000 3 $ 440,000
ROYAL UNITED MORTGAGE LLC
7999 KNUE RD. STE 300
INDIANAPOLIS, IN 46250
* $ 1,000,000,000 3 $ 276,000
PLANET HOME LENDING, LLC
321 RESEARCH PARKWAY STE 300
MERIDEN, CT 06540
* $ 50,442,000 3 $ 276,000
NEW DAY FINANCIAL, LLC
8160 MAPLE LAWN BLVD.
FULTON, MD 20759
* $ 4,088,336,000 3 $ 475,000
1ST ALLIANCE LENDING, LLC
111 FOUNDERS PLAZA, SUITE 1300
EAST HARTFORD, CT 06108
* $ 3,285,000 3 $ 184,000
THE MONEY SOURCE INC.
135 MAXESS ROAD
MELVILLE, NY 11747
* $ 10,000,000 3 $ 403,000
UNITED BANK MORTGAGE CORPORATI
900 EAST PARIS AVE SE
GRAND RAPIDS, MI 49546
* $ 264,000,000 3 $ 507,000
STEARNS LENDING, LLC
4 HUTTON CENTRE, 10TH FLOOR
SANTA ANA, CA 92707
* $ 10,000,000 3 $ 338,000
CONSUMERS
PO BOX 525
OSHTEMO, MI 49077
* $ 585,361,000 2 $ 347,000
PREFERRED CREDIT UNION
3767 SPARKS DR SE
GRAND RAPIDS, MI 49546
* $ 153,959,000 2 $ 212,000
FAMILY FINANCIAL CREDIT UNION
3575 HENRY ST
MUSKEGON, MI 49441
* $ 93,610,000 2 $ 146,000
J.G. WENTWORTH HOME LENDING, LLC
3350 COMMISSION COURT
WOODBRIDGE, VA 22192
* $ 10,000,000 2 $ 572,000
SUN WEST MORTGAGE COMPANY, INC.
18000 STUDEBAKER ROAD, SUITE 200
CERRITOS, CA 90703
* $ 10,000,000 2 $ 289,000
EMBRACE HOME LOANS, INC.
25 ENTERPRISE CENTER
MIDDLETOWN, RI 02842
* $ 10,000,000 2 $ 171,000
MORTGAGE 1 INCORPORATED
43456 MOUND ROAD
STERLING HEIGHTS, MI 49314
* $ 9,135,000 2 $ 204,000
DOW CHEMICAL EMPLOYEES'
600 E. LYON ROAD P.O. BOX 1649
MIDLAND, MI 48641
* $ 1,423,001,000 2 $ 116,000
CALIBER HOME LOANS, INC.
1525 S. BELTLINE ROAD
COPPELL, TX 75019
* $ 1,543,699,000 2 $ 194,000
THE DART BANK
368 S. PARK ST.
MASON, MI 48854
* $ 290,341,000 2 $ 418,000
AMERICAN FINANCIAL RESOURCES, INC.
9 SYLVAN WAY
PARSIPPANY, NJ 07054
* $ 10,000,000 2 $ 275,000
GUARANTEED RATE, INC.
3940 NORTH RAVENSWOOD AVE
CHICAGO, IL 60613
* $ 10,000,000 2 $ 325,000
WEST MICHIGAN COMMUNITY BANK
5367 SCHOOL AVE.
HUDSONVILLE, MI 49426
* $ 246,357,000 2 $ 324,000
UNITED SHORE FINANCIAL SERVICES, LLC
1414 EAST MAPLE ROAD
TROY, MI 48083
* $ 10,000,000 2 $ 185,000
NORTHERN MORTGAGE SERVICES, LLC
3714 28TH ST SW
GRANDVILLE, MI 49418
* $ 3,904,000 2 $ 154,000
UNION HOME MORTGAGE CORP.
8241 DOW CIRCLE
STRONGSVILLE, OH 44136
* $ 10,000,000 2 $ 128,000
AMERICAN LENDING SOLUTIONS LLC
N4365 STATE HWY 73
COLUMBUS, WI 53925
* $ 10,861,469,000 2 $ 249,000
NEIGHBORHOOD MORTGAGE SOLUTION
PO BOX 209 544 N MAIN ST
FRANKENMUTH, MI 48734
* $ 77,551,000 2 $ 186,000
BMO HARRIS BANK NATIONAL ASSOCIATION
111 W. MONROE
CHICAGO, IL 60603
* $ 97,496,905,000 2 $ 104,000
COMERICA BANK
411 W LAFAYETTE BLVD
DETROIT, MI 48226
* $ 69,310,249,000 1 $ 348,000
COMMUNITY MORTGAGE FUNDING, LLC
3201 WEST TEMPLE AVE, SUITE 120
POMONA, CA 91768
* $ 500,000,000 1 $ 126,000
THE FIRST CITIZENS NATIONAL BANK OF UPPER SANDUSKY
100 N. SANDUSKY AVENUE
UPPER SANDUSKY, OH 43351
* $ 221,467,000 1 $ 69,000
GREAT PLAINS NATIONAL BANK
5909 NW EXPRESSWAY
OKLAHOMA CITY, OK 73132
* $ 636,758,000 1 $ 127,000
RELIANCE FIRST CAPITAL, LLC
201 OLD COUNTRY ROAD SUITE 205
MELVILLE, NY 11747
* $ 100,000,000 1 $ 500,000
MORGAN STANLEY PRIVATE BANK, NATIONAL ASSOCIATION
2000 WESTCHESTER AVE
PURCHASE, NY 10577
* $ 27,356,000,000 1 $ 190,000
STATE FARM BANK, F.S.B.
1 STATE FARM PLAZA E-6
BLOOMINGTON, IL 61710
* $ 16,808,214,000 1 $ 71,000
NATIONWIDE BANK
ONE NATIONWIDE PLAZA
COLUMBUS, OH 43215
* $ 6,265,793,000 1 $ 253,000
CHURCHILL MORTGAGE CORPORATION
761 OLD HICKORY BLVD SUITE 400
BRENTWOOD, TN 37027
* $ 10,000,000 1 $ 65,000
FRANKLIN AMERICAN MORTGAGE COMPANY
6100 TOWER CIRCLE SUITE 600
FRANKLIN, TN 37067
* $ 10,000,000 1 $ 116,000
SECURITY CREDIT UNION
5255 SECURITY PARK BLVD
HOLLY, MI 48442
* $ 382,974,000 1 $ 45,000
J. VIRGIL, INC.
G3404 MILLER ROAD
FLINT, MI 48507
* $ 500,000 1 $ 86,000
SUMMIT HOME MORTGAGE, LLC
414 W. MILHAM AVENUE
PORTAGE, MI 49024
* $ 1,000,000 1 $ 90,000
RESIDENTIAL MORTGAGE SOLUTIONS, INC.
3 E HENRIETTA ST
BALTIMORE, MD 21220
* $ 4,980,000 1 $ 130,000
STONEGATE MORTGAGE CORPORATION
9190 PRIORITY WAY WEST DRIVE
INDIANAPOLIS, IN 46240
* $ 10,000,000 1 $ 110,000
DRAPER AND KRAMER MORTGAGE CORP.
1431 OPUS PLACE SUITE 200
DOWNERS GROVE, IL 60515
* $ 10,000,000 1 $ 290,000
BUSEY BANK
100 W UNIVERSITY AVE
CHAMPAIGN, IL 61820
* $ 3,603,427,000 1 $ 116,000
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP
3701 ARCO CORPORATE DR., SUITE 200
CHARLOTTE, NC 28273
* $ 10,000,000 1 $ 122,000
FINANCE OF AMERICA MORTGAGE LLC
300 WELSH ROAD BUILDING 5
HORSHAM, PA 19044
* $ 10,000,000 1 $ 65,000
AMERISAVE MORTGAGE CORPORATION
3525 PIEDMONT RD NE, 8 PIEDMONT CTR STE
ATLANTA, GA 30305
* $ 8,994,122,000 1 $ 340,000
VILLAGE CAPITAL & INVESTMENT LLC
2863 ST. ROSE PARKWAY
HENDERSON, NV 89052
* $ 11,000,000 1 $ 97,000
AMERICAN ADVISORS GROUP
3800 W.CHAPMAN SUITE 300
ORANGE, CA 92868
* $ 100,247,000 1 $ 1,000
ROSS MORTGAGE CORPORATION
2075 W. BIG BEAVER, SUITE 700
TROY, MI 48084
* $ 10,000,000 1 $ 98,000
STAR FINANCIAL BANK
127 WEST BERRY ST
FORT WAYNE, IN 46835
* $ 1,749,201,000 1 $ 188,000
PHH MORTGAGE CORPORATION
1 MORTGAGE WAY
MT LAUREL, NJ 08054
* $ 31,000,000 1 $ 94,000
FLAGSHIP FINANCIAL GROUP, LLC.
3130 W. MAPLE LOOP DR.
LEHI, UT 84043
* $ 0 1 $ 186,000
PRIMELENDING, A PLAINSCAPITAL COMPANY
18111 PRESTON ROAD SUITE 900
DALLAS, TX 75252
* $ 8,685,931,000 1 $ 473,000
NATIONS LENDING CORPORATION
4 SUMMIT PARK DR STE 200
INDEPENDENCE, OH 44131
* $ 4,410,000 1 $ 70,000
IFREEDOM DIRECT CORPORATION
124 N. CHARLES LINDBERGH DRIVE
SLC, UT 84116
* $ 10,000,000 1 $ 153,000
IMPAC MORTGAGE CORP.
19500 JAMBOREE RD
IRVINE, CA 92612
* $ 32,120,000 1 $ 208,000
COUNTY NATIONAL BANK
ONE SOUTH HOWELL ST
HILLSDALE, MI 49242
* $ 482,784,000 1 $ 150,000
EDGEWATER BANK
321 MAIN STREET
SAINT JOSEPH, MI 49085
* $ 122,306,000 1 $ 80,000
GRAND RIVER BANK
4471 WILSON AVENUE SW
GRANDVILLE, MI 49418
* $ 129,834,000 1 $ 288,000
IAA CREDIT UNION
808 IAA DRIVE
BLOOMINGTON, IL 61701
* $ 205,241,000 1 $ 245,000
GENISYS
2100 EXECUTIVE HILLS BLVD
AUBURN HILLS, MI 48326
* $ 1,661,461,000 1 $ 8,000
LAFCU
106 N MARKETPLACE BLVD
LANSING, MI 48917
* $ 573,815,000 1 $ 71,000
FINANCIAL PLUS CREDIT UNION
G-3381 VAN SLYKE RD, P.O. BOX 7006
FLINT, MI 48507
* $ 425,715,000 1 $ 37,000
MORTGAGE CENTER L.C
29621 NORTHWESTERN HWY
SOUTHFIELD, MI 48034
* $ 30,000,000 1 $ 86,000
TALMER BANK AND TRUST
2301 W. BIG BEAVER RD., SUITE 200
TROY, MI 48084
* $ 5,045,286,000 1 $ 150,000
SUCCESS MORTGAGE PARTNERS, INC.
1200 S. SHELDON RD.
PLYMOUTH, MI 48170
* $ 1,912,000 1 $ 93,000
ONE REVERSE MORTGAGE, LLC
4445 EASTGATE MALL, SUITE 320
SAN DIEGO, CA 92121
* $ 39,000,000 1 $ 207,000
CROSSCOUNTRY MORTGAGE, INC.
6850 MILLER RD
BRECKSVILLE, OH 44141
* $ 10,000,000 1 $ 68,000
MACATAWA BANK
PO BOX 3119
HOLLAND, MI 49422
* $ 1,583,735,000 1 $ 123,000
NORTHPOINTE BANK
3333 DEPOSIT DRIVE NE
GRAND RAPIDS, MI 49546
* $ 421,350,000 1 $ 150,000
NBKC BANK
8320 WARD PARKWAY
KANSAS CITY, MO 64114
* $ 593,777,000 1 $ 205,000
BBMC MORTGAGE, LLC
100 W. 22ND ST
LOMBARD, IL 60148
* $ 149,000,000 1 $ 145,000
ARBOR FINANCIAL CREDIT UNION
1551 SOUTH 9TH STREET
KALAMAZOO, MI 49009
* $ 409,915,000 1 $ 102,000
MICHIGAN SCHOOLS AND GOVERNMENT
40400 GARFIELD ROAD
CLINTON TOWNSHIP, MI 48038
* $ 1,538,323,000 1 $ 216,000
FIRST COMMUNITY MORTGAGE, INC.
275 ROBERT ROSE DRIVE
MURFREESBORO, TN 37129
* $ 10,000,000 1 $ 186,000
GUARANTY TRUST COMPANY
316 ROBERT ROSE DRIVE
MURFREESBORO, TN 37129
* $ 225,000,000 1 $ 165,000
BLUELEAF LENDING, LLC
112 S SANGAMON STREET 2ND FLOOR
CHICAGO, IL 60607
* $ 221,438,000 1 $ 124,000
UNITED
2807 SOUTH STATE ST
SAINT JOSEPH, MI 49085
* $ 1,834,761,000 1 $ 325,000
MEIJER CREDIT UNION
2410 GAYNOR AVE. NW
GRAND RAPIDS, MI 49544
* $ 58,187,000 1 $ 68,000
FIRST MIDWEST BANK
300 N. HUNT CLUB ROAD
GURNEE, IL 60031
* $ 9,314,575,000 1 $ 580,000
HIGHPOINT COMMUNITY BANK
150 W COURT ST
HASTINGS, MI 49058
* $ 304,369,000 1 $ 112,000
UNITED BANK OF MICHIGAN
900 EAST PARIS AVE SE
GRAND RAPIDS, MI 49546
* $ 495,730,000 1 $ 178,000
BANK FIVE NINE
155 W. WISCONSIN AVENUE
OCONOMOWOC, WI 53066
* $ 870,188,000 1 $ 122,000
FIRST GUARANTY MORTGAGE CORPORATION
1900 GALLOWS ROAD, SUITE 800
TYSONS CORNER, VA 22182
* $ 10,000,000 1 $ 53,000
ACADEMY MORTGAGE CORPORATION
339 WEST 13490 SOUTH
DRAPER, UT 84020
* $ 10,000,000 1 $ 100,000
UNITED SECURITY FINANCIAL CORP
930 EAST 6600 SOUTH
MURRAY, UT 84121
* $ 10,000,000 1 $ 186,000
ARK-LA-TEX FINANCIAL SERVICES, LLC.
5160 TENNYSON PKWY STE 1000
PLANO, TX 75024
* $ 10,000,000 1 $ 392,000

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 Oceana County MI in 2015

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 404 $53,020,000 $131,000 $975,000 $76,000 $1,402,000
Home Purchase 372 $44,471,000 $119,000 $638,000 $95,000 $6,741,000
Home Improvement 81 $2,994,000 $36,000 $290,000 $60,000 $551,000

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 660 $80,430,000 $121,000 $975,000 $94,000 $6,741,000
Not applicable 86 $8,578,000 $99,000 $417,000 $8,000 $466,000
Not Provided 63 $7,841,000 $124,000 $638,000 $86,000 $929,000
Hispanic 40 $2,772,000 $69,000 $186,000 $51,000 $195,000
American Indian or Alaskan Native 4 $386,000 $96,000 $110,000 $46,000 $50,000
Asian 3 $403,000 $134,000 $276,000 $76,000 $135,000
Black or African American 1 $75,000 $75,000 $75,000 $39,000 $39,000
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) 614 $74,861,000 $121,000 $975,000 $101,000 $6,741,000
FHA-insured (Federal Housing Administration) 116 $11,095,000 $95,000 $270,000 $32,000 $113,000
VA-guaranteed (Veterans Administration) 65 $8,705,000 $133,000 $474,000 $48,000 $128,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 62 $5,824,000 $93,000 $177,000 $26,000 $71,000

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 478 $60,862,000 $127,000 $975,000 $103,000 $6,741,000
Application Denied By Financial Institution 170 $15,694,000 $92,000 $580,000 $61,000 $491,000
Loan Purchased By The Institution 87 $9,517,000 $109,000 $417,000 $17,000 $466,000
Application Withdrawn By Applicant 74 $8,678,000 $117,000 $580,000 $80,000 $619,000
File Closed For Incompleteness 26 $2,732,000 $105,000 $222,000 $89,000 $304,000
Application Approved But Not Accepted 22 $3,002,000 $136,000 $500,000 $60,000 $189,000
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
Credit History 36 $2,322,000 $64,000 $580,000 $60,000 $491,000
Collateral 32 $4,289,000 $134,000 $580,000 $91,000 $211,000
Credit Application Incomplete 19 $2,226,000 $117,000 $417,000 $61,000 $184,000
Debt-To-Income Ratio 16 $1,290,000 $80,000 $417,000 $38,000 $198,000
Other 4 $312,000 $78,000 $138,000 $57,000 $104,000
Employment History 2 $91,000 $45,000 $60,000 $34,000 $54,000
Insufficient Cash (Downpayment, Closing Cost) 2 $341,000 $170,000 $213,000 $34,000 $68,000
Mortgage Insurance Denied 0 $0 $0 $0 $0 $0
Unverifiable Information 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