Find mortgage statistics and lending data for the Presque Isle 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 Presque Isle 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 | 688 |
Total Mortgage Loan Application Amount | $71,542,000 |
Average Mortgage Loan Application Amount | $103,000 |
Highest Mortgage Loan Application Amount | $760,000 |
Average Applicant Income | $67,000 |
Highest Applicant Income | $1,700,000 |
Mortgage Lender | Phone Number | Mortgage Lender Assets | Number of Mortgage Loan Applications | Total Dollar Amount of Mortgage Loan Applications |
---|---|---|---|---|
COUNTRYWIDE HOME LOANS 30930 RUSSELL RANCH ROAD MS WLRR-148 WESTLAKE VILLAGE, CA 91362 |
* | $ 199,946,230,000 | 60 | $ 6,045,000 |
GMAC MORTGAGE LLC 1100 VIRGINIA DRIVE FT. WASHINGTON, PA 19034 |
* | $ 31,000,000 | 37 | $ 5,951,000 |
COUNTRYWIDE BANK FSB 30930 RUSSELL RANCH ROAD MS CA6-916-02-0 WESTLAKE VILLAGE, CA 91362 |
* | $ 92,836,714,000 | 36 | $ 3,967,000 |
JPMORGAN CHASE BANK, NA 1111 POLARIS PARKWAY COLUMBUS, OH 43240 |
* | $ 1,179,390,000,000 | 32 | $ 4,303,000 |
INDEPENDENT MORTGAGE CO 230 W MAIN ST IONIA, MI 48846 |
* | $ 15,000,000 | 27 | $ 2,373,000 |
INDEPENDENT BANK 4200 EAST BELTLINE GRAND RAPIDS, MI 49525 |
* | $ 1,427,550,000 | 24 | $ 744,000 |
CITIFINANCIAL, INC. 300 ST. PAUL PLACE BALTIMORE, MD 21202 |
* | $ 1,494,037,000,000 | 23 | $ 1,161,000 |
NATIONAL CITY BANK 1900 E NINTH ST LOC 01-3144 CLEVELAND, OH 44114 |
* | $ 134,344,792,000 | 18 | $ 1,614,000 |
CITIMORTGAGE, INC 601 LEXINGTON AVENUE, 20TH FLOOR NEW YORK, NY 10022 |
* | $ 1,019,497,000,000 | 17 | $ 1,437,000 |
CITIBANK, N.A. 601 LEXINGTON AVENUE, 20TH FLOOR NEW YORK, NY 10022 |
* | $ 1,019,497,000,000 | 16 | $ 645,000 |
WELLS FARGO BANK, NA 1 HOME CAMPUS, 4TH FLOOR, MAC X2301-042 DES MOINES, IA 50328 |
* | $ 398,671,000,000 | 15 | $ 1,642,000 |
CITIZENS BANK 328 S SAGINAW ST FLINT, MI 48502 |
* | $ 7,516,604,000 | 15 | $ 1,059,000 |
HFC COMPANY LLC 26525 NORTH RIVERWOODS BLVD. METTAWA, IL 60045 |
* | $ 15,000,000 | 15 | $ 1,173,000 |
EMBRACE HOME LOANS, INC. 25 ENTERPRISE CENTER MIDDLETOWN, RI 02842 |
* | $ 10,000,000 | 14 | $ 1,376,000 |
LASALLE BANK MIDWEST, NA 2600 WEST BIG BEAVER ROAD TROY, MI 48084 |
* | $ 49,751,517,000 | 14 | $ 1,515,000 |
FIFTH THIRD MORTGAGE, MI LLC 5001 KINGSLEY DRIVE MD 1MOB2W CINCINNATI, OH 45227 |
* | $ 48,969,650,000 | 13 | $ 1,487,000 |
ABN AMRO MTG GROUP INC 850 THIRD AVENUE, 12TH FLOOR NEW YORK, NY 10022 |
* | $ 250,000,000 | 12 | $ 1,769,000 |
FIRST NATIONAL BANK OF AMERICA 241 EAST SAGINAW EAST LANSING, MI 48823 |
* | $ 390,576,000 | 11 | $ 465,000 |
TAYLOR, BEAN & WHITAKER 315 NE 14TH STREET OCALA, FL 34470 |
* | $ 10,000,000 | 10 | $ 1,372,000 |
FIRST NLC FINANCIAL SERVICES, 4680 CONFERENCE WAY SOUTH BOCA RATON, FL 33431 |
* | $ 10,000,000 | 9 | $ 880,000 |
ELOAN 9600 WEST BRYN MAWR ROSEMONT, IL 60018 |
* | $ 48,624,000,000 | 9 | $ 604,000 |
COLONIAL SAVINGS, F. A. P. O. BOX 2988 FORT WORTH, TX 76113 |
* | $ 951,944,000 | 9 | $ 1,314,000 |
FIFTH THIRD MORTGAGE COMPANY 5001 KINGSLEY DRIVE MD 1MOB2W CINCINNATI, OH 45227 |
* | $ 52,671,972,000 | 9 | $ 1,163,000 |
FLAGSTAR BANK 5151 CORPORATE DR TROY, MI 48098 |
* | $ 15,464,820,000 | 8 | $ 1,016,000 |
WASHINGTON MUTUAL BANK 227 EAST AVENUE ALBION, NY 14411 |
* | $ 345,610,758,000 | 7 | $ 1,220,000 |
HOME LOAN INVESTMENT BANK ONE HOME LOAN PLAZA WARWICK, RI 02886 |
* | $ 254,471,000 | 7 | $ 627,000 |
ALLY BANK F/K/A/ GMAC BANK 1100 VIRGINIA DRIVE FT. WASHINGTON, PA 19034 |
* | $ 19,937,022,000 | 7 | $ 842,000 |
US BANK, N.A. 777 EAST WISCONSIN AVE MILWAUKEE, WI 53202 |
* | $ 217,802,326,000 | 6 | $ 887,000 |
TCF NATIONAL BANK 2508 LOUISE AVE S (002-01-P) SIOUX FALLS, SD 57106 |
* | $ 14,749,045,000 | 6 | $ 935,000 |
FIFTH THIRD BANK MICHIGAN 5001 KINGSLEY DRIVE MD 1MOB2W CINCINNATI, OH 45227 |
* | $ 48,441,275,000 | 6 | $ 227,000 |
WELLS FARGO FUNDING, INC 100 N MAIN STREEET MAC D4001-063 WINSTON-SALEM, NC 27150 |
* | $ 25,457,000 | 5 | $ 460,000 |
FRANKLIN AMERICAN MORTGAGE CO 501 CORPORATE CENTRE DRIVE, SUITE 400 FRANKLIN, TN 37067 |
* | $ 10,000,000 | 5 | $ 592,000 |
INDYMAC BANK, F.S.B. 888 EAST WALNUT ST PASADENA, CA 91101 |
* | $ 28,740,902,000 | 5 | $ 526,000 |
DELTA FUNDING CORPORATION 1000 WOODBURY ROAD WOODBURY, NY 11797 |
* | $ 31,000,000 | 5 | $ 396,000 |
RESIDENTIAL FUNDING CORP. LLC 1100 VIRGINIA DRIVE FT. WASHINGTON, PA 19034 |
* | $ 10,000,000 | 5 | $ 443,000 |
FIRST RESIDENTIAL MORTGAGE 9721 ORMSBY STATION RD. LOUISVILLE, KY 40223 |
* | $ 10,000,000 | 4 | $ 761,000 |
PHH MORTGAGE CORPORATION 1 MORTGAGE WAY MT LAUREL, NJ 08054 |
* | $ 31,000,000 | 4 | $ 543,000 |
CALUSA INVESTMENTS, L.L.C. P.O. BOX 710840 HERNDON, VA 20171 |
* | $ 10,000,000 | 4 | $ 416,000 |
AMTRUST BANK 1801 E. 9TH ST #200 CLEVELAND, OH 44114 |
* | $ 18,091,851,000 | 4 | $ 663,000 |
AURORA BANK FSB 1271 SIXTH AVENUE, 46TH FLOOR NEW YORK, NY 10020 |
* | $ 19,105,280,000 | 4 | $ 426,000 |
GE MONEY BANK 4246 SOUTH RIVERBOAT RDCSUITE 200 SALT LAKE CITY, UT 84123 |
* | $ 12,595,722,000 | 4 | $ 545,000 |
OPTION ONE MORTGAGE CORP 6501 IRVINE CENTER DRIVE IRVINE, CA 92618 |
* | $ 10,000,000 | 4 | $ 481,000 |
CHASE MANHATTAN BANK USA, NA 200 WHITE CLAY CENTER DR NEWARK, DE 19711 |
* | $ 83,973,505,000 | 4 | $ 681,000 |
THE HUNTINGTON NATIONAL BANK 7575 HUNTINGTON PARK DR COLUMBUS, OH 43235 |
* | $ 34,914,009,000 | 4 | $ 444,000 |
BANK OF AMERICA, N.A. 4500 PARK GRANADA CALABASAS, CA 91302 |
* | $ 1,196,123,794,000 | 3 | $ 247,000 |
PROVIDENT FUNDING ASSOCIATES, L.P. 851 TRAEGER AVENUE, SUITE 100 SAN BRUNO, CA 94066 |
* | $ 10,000,000 | 3 | $ 518,000 |
HOMECOMINGS FINANCIAL LLC 1100 VIRGINIA DRIVE FT. WASHINGTON, PA 19034 |
* | $ 10,000,000 | 3 | $ 309,000 |
BENEFICIAL COMPANY LLC 26525 NORTH RIVERWOODS BLVD. METTAWA, IL 60045 |
* | $ 4,017,643,000 | 3 | $ 251,000 |
FIRST PLACE BANK 999 E MAIN ST RAVENNA, OH 44266 |
* | $ 3,057,363,000 | 3 | $ 769,000 |
BNC MORTGAGE 745 SEVENTH AVENUE, 24TH FLOOR NEW YORK, NY 10019 |
* | $ 2,500,000,000 | 3 | $ 311,000 |
FIRST FRANKLIN FINANCIAL CORP 2150 NORTH FIRST STREET SAN JOSE, CA 95131 |
* | $ 14,004,000 | 3 | $ 539,000 |
NPB MORTGAGE LLC 3333 DEPOSIT DRIVE NE GRAND RAPIDS, MI 49546 |
* | $ 145,000,000 | 3 | $ 158,000 |
PROGRESSIVE MORTGAGE COMPANY 125 S. FIFTH AVE. ANN ARBOR, MI 48104 |
* | $ 327,000,000 | 3 | $ 180,000 |
DFCU FINANCIAL 400 TOWN CENTER DRIVE DEARBORN, MI 48126 |
* | $ 1,766,655,000 | 3 | $ 279,000 |
NOVASTAR MORTGAGE 2114 CENTRAL SUITE 600 KANSAS CITY, MO 64108 |
* | $ 10,000,000 | 3 | $ 293,000 |
TRANEX FINANCIAL INC. 26200 AMERICAN DRIVE SOUTHFIELD, MI 48034 |
* | $ 10,000,000 | 2 | $ 209,000 |
MBS MORTGAGE COMPANY LLC 28345 BECK RD. WIXOM, MI 48393 |
* | $ 10,000,000 | 2 | $ 85,000 |
NATIONSTAR MORTGAGE LLC 8950 CYPRESS WATERS BLVD. COPPELL, TX 75019 |
* | $ 10,000,000 | 2 | $ 148,000 |
MICHIGAN STATE UNIVERSITY FEDERAL CREDIT UNION 3777 WEST ROAD EAST LANSING, MI 48823 |
* | $ 1,317,634,000 | 2 | $ 212,000 |
HOME LOAN CENTER 163 TECHNOLOGY DRIVE IRVINE, CA 92618 |
* | $ 10,000,000 | 2 | $ 45,000 |
MERRILL LYNCH CREDIT CORP. 4804 DEER LAKE DRIVE EAST BLDG 3 FL 5 JACKSONVILLE, FL 32246 |
* | $ 4,500,000,000 | 2 | $ 321,000 |
DECISION ONE MORTGAGE 26525 N. RIVERWOODS BLVD. METTAWA, IL 60045 |
* | $ 12,000,000 | 2 | $ 115,000 |
GUARANTY BANK 8333 DOUGLAS AVENUE DALLAS, TX 75225 |
* | $ 16,249,177,000 | 2 | $ 188,000 |
WACHOVIA MORTGAGE FSB TONYA YOUNG 100 N MAIN ST MAC D4001-063 WINSTON-SALEM, NC 27101 |
* | $ 146,260,800,000 | 2 | $ 433,000 |
CITICORP TRUST BANK, FSB 601 LEXINGTON AVENUE, 20TH FLOOR NEW YORK, NY 10022 |
* | $ 20,349,757,000 | 2 | $ 165,000 |
EQUITY ONE 9600 WEST BRYN MAWR ROSEMONT, IL 60018 |
* | $ 21,874,000,000 | 2 | $ 225,000 |
RBS CITIZENS, N.A. ONE CITIZENS PLAZA PROVIDENCE, RI 02903 |
* | $ 17,125,177,000 | 2 | $ 118,000 |
US BANK NORTH DAKOTA 777 EAST WISCONSIN AVE MILWAUKEE, WI 53202 |
* | $ 4,419,450,000 | 2 | $ 252,000 |
HSBC MORTGAGE CORP 2929 WALDEN AVE DEPEW, NY 14043 |
* | $ 92,958,000 | 2 | $ 370,000 |
CAPITAL ONE HOME LOANS, LLC 12800 FOSTER STREET OVERLAND PARK, KS 66213 |
* | $ 88,701,411,000 | 2 | $ 265,000 |
CAPITAL MORTGAGE FUNDING, LLC 17170 WEST 12 MILE ROAD SOUTHFIELD, MI 48076 |
* | $ 10,000,000 | 2 | $ 215,000 |
WELLS FARGO FIN'L AMERICA, INC 800 WALNUT ST, 6TH FLOOR, MAC F4031-061 DES MOINES, IA 50309 |
* | $ 36,752,895,000 | 2 | $ 137,000 |
WELLS FARGO FIN'L MICHIGAN 800 WALNUT ST, 6TH FLOOR, MAC F4031-061 DES MOINES, IA 50309 |
* | $ 36,752,895,000 | 1 | $ 139,000 |
IRWIN HOME EQUITY CORPORATION 500 WASHINGTON ST COLUMBUS, IN 47201 |
* | $ 5,805,823,000 | 1 | $ 90,000 |
EQUIFIRST CORPORATION 13000 S TRYON ST, STE F, PMB 317 CHARLOTTE, NC 28278 |
* | $ 138,667,948,000 | 1 | $ 127,000 |
AMERICAN EQUITY MORTGAGE, INC. 11933 WESTLINE INDUSTRIAL DRIVE SAINT LOUIS, MO 63146 |
* | $ 10,000,000 | 1 | $ 72,000 |
AMERIQUEST MORTGAGE COMPANY 1100 TOWN & COUNTRY ROAD ORANGE, CA 92868 |
* | $ 10,000,000 | 1 | $ 142,000 |
REFINANCE.COM 60 OAK DRIVE SYOSSET, NY 11791 |
* | $ 68,108,000 | 1 | $ 60,000 |
FIELDSTONE MORTGAGE COMPANY 11000 BROKEN LAND PARKWAY, SUITE 900 COLUMBIA, MD 21044 |
* | $ 10,000,000 | 1 | $ 320,000 |
FIRST TENNESSEE BANK NA 165 MADISON 5TH FLOOR MEMPHIS, TN 38103 |
* | $ 37,608,492,000 | 1 | $ 151,000 |
KEYBANK NATIONAL ASSOCIATION 100 PUBLIC SQUARE STE 600 OH-01-10-06006 CLEVELAND, OH 44113 |
* | $ 88,081,220,000 | 1 | $ 25,000 |
WINTRUST MORTGAGE CORPORATION 660 MIDWEST RD SUITE 100 OAK BROOK TERRACE, IL 60181 |
* | $ 300,000,000 | 1 | $ 96,000 |
FIRST NATIONAL BANK OF ARIZONA 17600 NORTH PERIMETER DRIVE SCOTTSDALE, AZ 85255 |
* | $ 2,947,186,000 | 1 | $ 255,000 |
AMERA MORTGAGE CORPORATION 1050 CORPORATE OFFICE DR #200 MILFORD, MI 48381 |
* | $ 1,247,334,000 | 1 | $ 115,000 |
M&T BANK 1 M&T PLAZA -15TH FLOOR BUFFALO, NY 14203 |
* | $ 56,382,388,000 | 1 | $ 76,000 |
CHARLES SCHWAB BANK 211 MAIN STREET SAN FRANCISCO, CA 94105 |
* | $ 11,006,711,000 | 1 | $ 150,000 |
CORINTHIAN MORTGAGE CORP 5750 W 95TH STREET, SUITE 155 OVERLAND PARK, KS 66207 |
* | $ 341,661,000 | 1 | $ 125,000 |
PENTAGON FEDERAL CREDIT UNION 14300 SULLYFIELD CIRCLE CHANTILLY, VA 20151 |
* | $ 9,339,663,000 | 1 | $ 35,000 |
SECURITY CREDIT UNION 3801 W BOULEVARD DR BOX 5160 FLINT, MI 48505 |
* | $ 255,893,000 | 1 | $ 112,000 |
CF BANCORP MORTGAGE COMPANY 525 WATER STREET PORT HURON, MI 48060 |
* | $ 1,422,966,000 | 1 | $ 92,000 |
WARREN BANK MORTGAGE COMPANY 38880 GARFIELD CLINTON TOWNSHIP, MI 48038 |
* | $ 638,691,000 | 1 | $ 109,000 |
BENEFICIAL FINANCIAL I, INC. 26525 NORTH RIVERWOODS BLVD. METTAWA, IL 60045 |
* | $ 12,000,000 | 1 | $ 235,000 |
SEAWAY COMMUNITY BANK 1960 FRED MOORE HWY ST. CLAIR, MI 48079 |
* | $ 152,634,000 | 1 | $ 42,000 |
SSB MORTGAGE COMPANY 242 N MICHIGAN AVE SHELBY, MI 49455 |
* | $ 143,820,000 | 1 | $ 76,000 |
FIRST STATE MORTGAGE SERVICES, LLC 502 N HERSHEY ROAD BLOOMINGTON, IL 61704 |
* | $ 327,995,000 | 1 | $ 49,000 |
WOLVERINE BANK FSB 5710 EASTMAN AVE MIDLAND, MI 48640 |
* | $ 304,044,000 | 1 | $ 219,000 |
DOLLAR BANK, FSB #3 GATEWAY CENTER PITTSBURGH, PA 15222 |
* | $ 5,231,109,000 | 1 | $ 160,000 |
UNITED MIDWEST SAVINGS BANK 101 S MAIN ST DEGRAFF, OH 43318 |
* | $ 211,467,000 | 1 | $ 60,000 |
RESMAE MORTGAGE CORPORATION 6 POINTE DRIVE BREA, CA 92821 |
* | $ 10,000,000 | 1 | $ 76,000 |
AMC MORTGAGE SERVICES, INC. 1100 TOWN & COUNTRY ROAD, SUITE 1100 IRVINE, CA 92868 |
* | $ 10,000,000 | 1 | $ 76,000 |
CSMC, INC 10425 W NORTH AVENUE SUITE 100 WAUWATOSA, WI 53226 |
* | $ 10,000,000 | 1 | $ 180,000 |
MORTGAGE IT INC 60 WALL ST NEW YORK, NY 10005 |
* | $ 10,000,000 | 1 | $ 144,000 |
FREESTAR FINANCIAL CREDIT UNION PO BOX 2800 MT CLEMENS, MI 48046 |
* | $ 98,023,000 | 1 | $ 90,000 |
ADVIA 550 S RIVERVIEW DR PARCHMENT, MI 49004 |
* | $ 158,524,000 | 1 | $ 36,000 |
PREMIER FINANCIAL CREDIT UNION 38770 GARFIELD RD., SUITE 120 CLINTON TOWNSHIP, MI 48038 |
* | $ 80,322,000 | 1 | $ 104,000 |
MICHIGAN SCHOOLS AND GOVERNMENT 40400 GARFIELD ROAD CLINTON TOWNSHIP, MI 48038 |
* | $ 751,111,000 | 1 | $ 175,000 |
UNION FINANCIAL SERVICES, INC. 2073 E MAPLE RD TROY, MI 48083 |
* | $ 213,000,000 | 1 | $ 54,000 |
GERBER FEDERAL CREDIT UNION 508 STATE STREET PO BOX 116 FREMONT, MI 49412 |
* | $ 96,082,000 | 1 | $ 40,000 |
SUPERIOR FEDERAL CREDIT UNION 4230 ELIDA RD LIMA, OH 45807 |
* | $ 220,550,000 | 1 | $ 80,000 |
JOLT CREDIT UNION 6180 STATE STREET SAGINAW, MI 48603 |
* | $ 204,168,000 | 1 | $ 72,000 |
ORIGEN FINANCIAL SERVICES LLC 27777 FRANKLIN ROAD SUITE 1710 SOUTHFIELD, MI 48034 |
* | $ 10,000,000 | 1 | $ 22,000 |
NATIONWIDE ADVANTAGE MORTGAGE 1100 LOCUST ST DES MOINES, IA 50391 |
* | $ 31,000,000 | 1 | $ 180,000 |
SHORE MORTGAGE 770 S. ADAMS ROAD #300 BIRMINGHAM, MI 48009 |
* | $ 10,000,000 | 1 | $ 85,000 |
ACCREDITED HOME LENDERS, INC 15253 AVENUE OF SCIENCE BLDG 1 SAN DIEGO, CA 92128 |
* | $ 10,000,000 | 1 | $ 80,000 |
BIRMINGHAM BANCORP MORTGAGE 6230 ORCHARD LAKE ROAD WEST BLOOMFIELD, MI 48322 |
* | $ 10,000,000 | 1 | $ 72,000 |
IDEAL MORTGAGE BANKERS, LTD 520 BROADHOLLOW ROAD MELVILLE, NY 11747 |
* | $ 10,000,000 | 1 | $ 114,000 |
HOME LOAN CORPORATION 450 GEARS ROAD, SUITE 600 HOUSTON, TX 77067 |
* | $ 10,000,000 | 1 | $ 105,000 |
LENDSOURCE INC 12701 WHITEWATER DR STE 340 MINNETONKA, MN 55343 |
* | $ 10,000,000 | 1 | $ 89,000 |
GREENSTONE FARM CREDIT SERVICES, FLCA 3515 WEST RD EAST LANSING, MI 48823 |
* | $ 10,000,000 | 1 | $ 206,000 |
AMERISAVE MORTGAGE CORPORATION 3525 PIEDMONT RD NE, 8 PIEDMONT CTR STE ATLANTA, GA 30305 |
* | $ 8,994,122,000 | 1 | $ 62,000 |
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 |
---|---|---|---|---|---|---|
Refinancing | 464 | $49,316,000 | $106,000 | $760,000 | $63,000 | $1,700,000 |
Home Purchase | 169 | $18,473,000 | $109,000 | $417,000 | $78,000 | $328,000 |
Home Improvement | 55 | $3,753,000 | $68,000 | $295,000 | $64,000 | $378,000 |
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 | 570 | $59,273,000 | $103,000 | $560,000 | $71,000 | $1,700,000 |
Not Provided | 65 | $6,365,000 | $97,000 | $760,000 | $55,000 | $278,000 |
Not applicable | 44 | $4,872,000 | $110,000 | $417,000 | $19,000 | $190,000 |
Hispanic | 4 | $276,000 | $69,000 | $112,000 | $61,000 | $143,000 |
Black or African American | 3 | $452,000 | $150,000 | $222,000 | $124,000 | $237,000 |
Asian | 2 | $304,000 | $152,000 | $186,000 | $149,000 | $190,000 |
American Indian or Alaskan Native | 0 | $0 | $0 | $0 | $0 | $0 |
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) | 646 | $67,472,000 | $104,000 | $760,000 | $69,000 | $1,700,000 |
FHA-insured (Federal Housing Administration) | 34 | $3,264,000 | $96,000 | $197,000 | $34,000 | $64,000 |
FSA/RHS (Farm Service Agency or Rural Housing Service) | 7 | $669,000 | $95,000 | $182,000 | $28,000 | $45,000 |
VA-guaranteed (Veterans Administration) | 1 | $137,000 | $137,000 | $137,000 | $39,000 | $39,000 |
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 | 275 | $27,977,000 | $101,000 | $450,000 | $74,000 | $390,000 |
Application Denied By Financial Institution | 165 | $15,598,000 | $94,000 | $760,000 | $68,000 | $1,700,000 |
Loan Purchased By The Institution | 116 | $13,803,000 | $118,000 | $450,000 | $46,000 | $278,000 |
Application Withdrawn By Applicant | 72 | $7,716,000 | $107,000 | $320,000 | $63,000 | $226,000 |
Application Approved But Not Accepted | 38 | $3,632,000 | $95,000 | $417,000 | $74,000 | $305,000 |
File Closed For Incompleteness | 21 | $2,687,000 | $127,000 | $371,000 | $79,000 | $228,000 |
Preapproval Denied by Financial Institution | 1 | $129,000 | $129,000 | $129,000 | $52,000 | $52,000 |
Preapproval Approved but not Accepted | 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 | 36 | $2,889,000 | $80,000 | $312,000 | $60,000 | $205,000 |
Credit History | 24 | $1,806,000 | $75,000 | $292,000 | $132,000 | $1,700,000 |
Credit Application Incomplete | 12 | $1,672,000 | $139,000 | $310,000 | $79,000 | $192,000 |
Other | 11 | $1,291,000 | $117,000 | $417,000 | $100,000 | $328,000 |
Debt-To-Income Ratio | 10 | $741,000 | $74,000 | $125,000 | $41,000 | $96,000 |
Unverifiable Information | 9 | $934,000 | $103,000 | $225,000 | $82,000 | $221,000 |
Employment History | 1 | $64,000 | $64,000 | $64,000 | $45,000 | $45,000 |
Insufficient Cash (Downpayment, Closing Cost) | 1 | $79,000 | $79,000 | $79,000 | $60,000 | $60,000 |
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.