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 | 380 |
Total Mortgage Loan Application Amount | $57,370,000 |
Average Mortgage Loan Application Amount | $150,000 |
Highest Mortgage Loan Application Amount | $655,000 |
Average Applicant Income | $94,000 |
Highest Applicant Income | $1,088,000 |
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 |
* | $ 173,414,362,000 | 44 | $ 5,600,000 |
MORTGAGE RESEARCH CENTER, LLC 1400 VETERANS UNITED DR. COLUMBIA, MO 65203 |
* | $ -1,000 | 14 | $ 3,020,000 |
PNC BANK, NATIONAL ASSOCIATION 249 FIFTH AVE. MS P1-POPP-22-2 PITTSBURGH, PA 15222 |
* | $ 551,902,526,000 | 13 | $ 1,665,000 |
NICOLET NATIONAL BANK 111 N WASHINGTON ST GREEN BAY, WI 54301 |
* | $ 7,686,307,000 | 10 | $ 2,190,000 |
WELLS FARGO BANK, NATIONAL ASSOCIATION 100 N MAIN STREET MAC D4001-042 WINSTON-SALEM, NC 27150 |
* | $ 1,779,504,000,000 | 8 | $ 680,000 |
MERCANTILE BANK OF MICHIGAN 310 LEONARD ST NW GRAND RAPIDS, MI 49504 |
* | $ 5,238,290,000 | 7 | $ 735,000 |
GREENSTONE FARM CREDIT SERVICES, FLCA 3515 WEST RD EAST LANSING, MI 48823 |
* | $ -1,000 | 7 | $ 1,035,000 |
PENNYMAC LOAN SERVICES, LLC 3043 TOWNSGATE ROAD WESTLAKE VILLAGE, CA 91361 |
* | $ -1,000 | 7 | $ 1,015,000 |
COMMUNITY FINANCIAL CREDIT UNION 500 S HARVEY ST PLYMOUTH, MI 48170 |
* | $ 1,253,139,000 | 7 | $ 565,000 |
AMERIFIRST FINANCIAL CORPORATION 950 TRADE CENTRE WAY SUITE 400 KALAMAZOO, MI 49009 |
* | $ -1,000 | 6 | $ 730,000 |
DISCOVER BANK 12 READS WAY NEW CASTLE, DE 19720 |
* | $ 108,342,526,000 | 6 | $ 510,000 |
JPMORGAN CHASE BANK, NATIONAL ASSOCIATION 1111 POLARIS PARKWAY COLUMBUS, OH 43240 |
* | $ 3,306,982,000,000 | 6 | $ 1,100,000 |
MICHIGAN SCHOOLS AND GOVERNMENT 40400 GARFIELD ROAD CLINTON TOWNSHIP, MI 48038 |
* | $ 3,063,946,000 | 6 | $ 700,000 |
LOANDEPOT.COM, LLC 26642 TOWNE CENTRE DRIVE FOOTHILL RANCH, CA 92610 |
* | $ -1,000 | 6 | $ 860,000 |
NEW DAY FINANCIAL, LLC 8160 MAPLE LAWN BLVD. FULTON, MD 20759 |
* | $ -1,000 | 6 | $ 870,000 |
LAKE MICHIGAN CREDIT UNION PO BOX 2848 GRAND RAPIDS, MI 49501 |
* | $ 11,672,497,000 | 5 | $ 1,505,000 |
NEWREZ LLC 4000 CHEMICAL ROAD SUITE 200 PLYMOUTH MEETING, PA 19462 |
* | $ -1,000 | 5 | $ 585,000 |
HFG HOLDINGS, LLC 888 W BIG BEAVER RD, SUITE 800 TROY, MI 48084 |
* | $ -1,000 | 5 | $ 505,000 |
AMERISAVE MORTGAGE CORPORATION 3525 PIEDMONT RD NE, 8 PIEDMONT CTR STE ATLANTA, GA 30305 |
* | $ -1,000 | 5 | $ 525,000 |
MICHIGAN STATE UNIVERSITY FEDERAL CREDIT UNION 3777 WEST ROAD EAST LANSING, MI 48823 |
* | $ 6,719,007,000 | 5 | $ 1,265,000 |
BROKER SOLUTIONS, INC. 14511 MYFORD ROAD, SUITE 100 TUSTIN, CA 92780 |
* | $ -1,000 | 5 | $ 355,000 |
LAKEVIEW LOAN SERVICING, LLC 4425 PONCE DE LEON BLVD. CORAL GABLES, FL 33146 |
* | $ -1,000 | 4 | $ 490,000 |
HOME POINT FINANCIAL CORPORATION 1194 OAK VALLEY DRIVE, SUITE 80 ANN ARBOR, MI 48108 |
* | $ -1,000 | 4 | $ 670,000 |
FLAGSTAR BANK, FSB 5151 CORPORATE DRIVE TROY, MI 48098 |
* | $ 16,855,693,000 | 4 | $ 900,000 |
FIFTH THIRD BANK, NATIONAL ASSOCIATION 38 FOUNTAIN SQUARE MD1090K1 CINCINNATI, OH 45263 |
* | $ 209,696,785,000 | 4 | $ 590,000 |
MORTGAGE 1 INCORPORATED 43456 MOUND ROAD STERLING HEIGHTS, MI 49314 |
* | $ -1,000 | 4 | $ 1,000,000 |
WILDFIRE CREDIT UNION 6640 BAY RD SAGINAW, MI 48604 |
* | $ 1,097,531,000 | 4 | $ 440,000 |
INDEPENDENT BANK 4200 EAST BELTLINE GRAND RAPIDS, MI 49525 |
* | $ 4,702,462,000 | 3 | $ 255,000 |
BARRINGTON BANK & TRUST COMPANY, N.A. 201 S. HOUGH STREET BARRINGTON, IL 60010 |
* | $ 3,348,940,000 | 3 | $ 315,000 |
AMERIHOME MORTGAGE COMPANY, LLC 21215 BURBANK BLVD, SUITE 400 WOODLAND HILLS, CA 91367 |
* | $ -1,000 | 3 | $ 435,000 |
NATIONSTAR MORTGAGE LLC 8950 CYPRESS WATERS BLVD. COPPELL, TX 75019 |
* | $ -1,000 | 3 | $ 205,000 |
GENISYS 2100 EXECUTIVE HILLS BLVD AUBURN HILLS, MI 48326 |
* | $ 4,030,966,000 | 3 | $ 175,000 |
CARRINGTON MORTGAGE SERVICES, LLC 1600 SO. DOUGLASS RD, SUITES 110 & 200A ANAHEIM, CA 92806 |
* | $ -1,000 | 3 | $ 325,000 |
MORTGAGE CENTER L.C 29621 NORTHWESTERN HWY SOUTHFIELD, MI 48034 |
* | $ -1,000 | 3 | $ 245,000 |
BETTER MORTGAGE CORPORATION 459 BROADWAY, FLOOR 5 NEW YORK, NY 10013 |
* | $ -1,000 | 3 | $ 445,000 |
ROYAL UNITED MORTGAGE LLC 7999 KNUE RD. STE 300 INDIANAPOLIS, IN 46250 |
* | $ -1,000 | 3 | $ 345,000 |
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP 3701 ARCO CORPORATE DR., SUITE 200 CHARLOTTE, NC 28273 |
* | $ -1,000 | 2 | $ 310,000 |
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 4801 S. BILTMORE LANE MADISON, WI 53718 |
* | $ -1,000 | 2 | $ 300,000 |
PURDUE FEDERAL CREDIT UNION 1551 WIN HENTSCHEL BLVD., PO BOX 2433 WEST LAFAYETTE, IN 47906 |
* | $ 1,761,471,000 | 2 | $ 110,000 |
GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION 100 PHOENIX DR, STE 300 ANN ARBOR, MI 48108 |
* | $ -1,000 | 2 | $ 190,000 |
MID AMERICA MORTGAGE, INC. 15301 SPECTRUM DRIVE, SUITE 405 ADDISON, TX 75001 |
* | $ -1,000 | 2 | $ 190,000 |
USAA FEDERAL SAVINGS BANK 10750 MCDERMOTT FREEWAY SAN ANTONIO, TX 78288 |
* | $ 117,378,701,000 | 2 | $ 140,000 |
MEMBER FIRST MORTGAGE, LLC 616 44TH STREET SE GRAND RAPIDS, MI 49548 |
* | $ -1,000 | 2 | $ 590,000 |
RUOFF MORTGAGE COMPANY, INC. 1700 MAGNAVOX WAY SUITE 220 FORT WAYNE, IN 46804 |
* | $ -1,000 | 2 | $ 170,000 |
SUCCESS MORTGAGE PARTNERS, INC. 1200 S. SHELDON RD. PLYMOUTH, MI 48170 |
* | $ -1,000 | 2 | $ 530,000 |
CREDIT UNION ONE 400 E NINE MILE RD FERNDALE, MI 48220 |
* | $ 1,817,448,000 | 2 | $ 150,000 |
UNITED SHORE FINANCIAL SERVICES, LLC 1414 EAST MAPLE ROAD TROY, MI 48083 |
* | $ -1,000 | 2 | $ 590,000 |
U.S. BANK NATIONAL ASSOCIATION 425 WALNUT STREET CINCINNATI, OH 45202 |
* | $ 564,154,604,000 | 2 | $ 110,000 |
CITIZENS BANK, NATIONAL ASSOCIATION ONE CITIZENS PLAZA PROVIDENCE, RI 02903 |
* | $ 188,069,637,000 | 2 | $ 80,000 |
CROSSCOUNTRY MORTGAGE, INC. 6850 MILLER RD BRECKSVILLE, OH 44141 |
* | $ -1,000 | 2 | $ 340,000 |
NAVY FEDERAL CREDIT UNION 820 FOLLIN LANE VIENNA, VA 22180 |
* | $ 153,432,983,000 | 2 | $ 590,000 |
NATIONS LENDING CORPORATION 4 SUMMIT PARK DR STE 200 INDEPENDENCE, OH 44131 |
* | $ -1,000 | 2 | $ 310,000 |
COMERICA BANK 411 W LAFAYETTE BLVD DETROIT, MI 48226 |
* | $ 94,798,000,000 | 1 | $ 305,000 |
CORNERSTONE COMMUNITY FINANCIAL 2955 UNIVERSITY DRIVE AUBURN HILLS, MI 48326 |
* | $ 372,750,000 | 1 | $ 435,000 |
THE CENTRAL TRUST BANK 238 MADISON ST. JEFFERSON CITY, MO 65101 |
* | $ 20,248,406,000 | 1 | $ 135,000 |
LOWER, LLC 5950 SYMPHONY WOODS DRIVE COLUMBIA, MD 21044 |
* | $ -1,000 | 1 | $ 295,000 |
VILLAGE CAPITAL & INVESTMENT LLC 2863 ST. ROSE PARKWAY HENDERSON, NV 89052 |
* | $ -1,000 | 1 | $ 185,000 |
NORWICH COMMERCIAL GROUP, INC. 38 SECURITY DRIVE AVON, CT 06001 |
* | $ -1,000 | 1 | $ 245,000 |
MICHIGAN EDUCATIONAL 9200 HAGGERTY RD PLYMOUTH, MI 48170 |
* | $ 1,074,921,000 | 1 | $ 255,000 |
FIRST NATIONAL BANK OF AMERICA 241 EAST SAGINAW EAST LANSING, MI 48823 |
* | $ 3,310,189,000 | 1 | $ 65,000 |
LAKE TRUST CREDIT UNION 4605 S OLD US HIGHWAY 23 BRIGHTON, MI 48114 |
* | $ 2,506,984,000 | 1 | $ 35,000 |
LEGACY NATIONAL BANK 4055 W SUNSET P O BOX 6490, AR 72766 |
* | $ 934,460,000 | 1 | $ 225,000 |
VAN DYK MORTGAGE CORPORATION 2449 CAMELOT CT SE GRAND RAPIDS, MI 49546 |
* | $ -1,000 | 1 | $ 75,000 |
PHH MORTGAGE CORPORATION 1 MORTGAGE WAY MT LAUREL, NJ 08054 |
* | $ -1,000 | 1 | $ 25,000 |
CHOICEONE BANK 109 E. DIVISION ST. SPARTA, MI 49345 |
* | $ 2,363,747,000 | 1 | $ 135,000 |
AMERICAN FINANCING CORPORATION 3045 S PARKER RD BUILDING B AURORA, CO 80014 |
* | $ -1,000 | 1 | $ 125,000 |
NETWORK CAPITAL FUNDING CORPORATION 5 PARK PLAZA #800 IRVINE, CA 92614 |
* | $ -1,000 | 1 | $ 155,000 |
CHURCHILL MORTGAGE CORPORATION 761 OLD HICKORY BLVD SUITE 400 BRENTWOOD, TN 37027 |
* | $ -1,000 | 1 | $ 125,000 |
LEGEND LENDING CORPORATION 17047 EL CAMINO REAL, SUITE 150 HOUSTON, TX 77058 |
* | $ -1,000 | 1 | $ 65,000 |
UBS BANK USA 299 S. MAIN ST SALT LAKE CITY, UT 84111 |
* | $ 121,064,212,000 | 1 | $ 555,000 |
THE STATE BANK 175 N LEROY ST FENTON, MI 48430 |
* | $ 1,419,081,000 | 1 | $ 55,000 |
UNIVERSITY LENDING GROUP, LLC 42452 HAYES, STE I CLLINTON TOWNSHIP, MI 48038 |
* | $ -1,000 | 1 | $ 175,000 |
ISABELLA BANK 139 E. BROADWAY MT. PLEASANT, MI 48858 |
* | $ 1,982,186,000 | 1 | $ 95,000 |
EQUITY RESOURCES, INC. PO BOX 5177 NEWARK, OH 43058 |
* | $ -1,000 | 1 | $ 115,000 |
ASSOCIATED BANK, NATIONAL ASSOCIATION 200 NORTH ADAMS STREET GREEN BAY, WI 54301 |
* | $ 35,057,609,000 | 1 | $ 355,000 |
NORTHERN MORTGAGE SERVICES, LLC 3714 28TH ST SW GRANDVILLE, MI 49418 |
* | $ -1,000 | 1 | $ 155,000 |
BANK OF ANN ARBOR 1333 W ANN ARBOR ROAD PLYMOUTH, MI 48185 |
* | $ 3,348,573,000 | 1 | $ 395,000 |
UNIVERSITY OF MICHIGAN CREDIT UNION 340 E. HURON ANN ARBOR, MI 48104 |
* | $ 1,323,806,000 | 1 | $ 445,000 |
KELLER MORTGAGE, LLC 4725 LAKEHURST CT SUITE 400 DUBLIN, OH 43016 |
* | $ -1,000 | 1 | $ 175,000 |
PENTAGON FEDERAL CREDIT UNION 7940 JONES BRANCH DRIVE TYSONS, VA 22102 |
* | $ 32,520,025,000 | 1 | $ 55,000 |
HORIZON BANK 515 FRANKLIN ST MICHIGAN CITY, IN 46360 |
* | $ 7,338,072,000 | 1 | $ 265,000 |
AMERICAN ADVISORS GROUP 3800 W.CHAPMAN SUITE 300 ORANGE, CA 92868 |
* | $ -1,000 | 1 | $ 125,000 |
CHARLES SCHWAB BANK, SSB 2360 CORPORATE CIRCLE HENDERSON, NV 89074 |
* | $ 420,502,000,000 | 1 | $ 655,000 |
NATIONWIDE MORTGAGE BANKERS, INC. 310A MAIN ST LEBANON, NJ 08833 |
* | $ -1,000 | 1 | $ 175,000 |
MANUFACTURERS AND TRADERS TRUST COMPANY 701 SENECA STREET - SUITE 330N BUFFALO, NY 14210 |
* | $ 154,617,469,000 | 1 | $ 105,000 |
VANDERBILT MORTGAGE AND FINANCE, INC. 500 ALCOA TRAIL MARYVILLE, TN 37804 |
* | $ -1,000 | 1 | $ 75,000 |
THE DART BANK 368 S. PARK ST. MASON, MI 48854 |
* | $ 698,469,000 | 1 | $ 345,000 |
CHICAGO MORTGAGE SOLUTIONS LLC 9525 W BRYN MAWR AVE ROSEMONT, IL 60018 |
* | $ -1,000 | 1 | $ 255,000 |
MUTUAL OF OMAHA MORTGAGE, INC 3131 CAMINO DEL RIO N 190 SAN DIEGO, CA 92108 |
* | $ -1,000 | 1 | $ 85,000 |
ARC HOME LLC 2010 CORPORATE RIDGE STE 750 MCLEAN, VA 22102 |
* | $ -1,000 | 1 | $ 235,000 |
CMG MORTGAGE, INC. 3160 CROW CANYON ROAD, SUITE 400 SAN RAMON, CA 94583 |
* | $ -1,000 | 1 | $ 235,000 |
LUMINATE HOME LOANS 7760 FRANCE AVE S, STE 1010 BLOOMINGTON, MN 55435 |
* | $ -1,000 | 1 | $ 225,000 |
PRIMELENDING, A PLAINSCAPITAL COMPANY 18111 PRESTON ROAD SUITE 900 DALLAS, TX 75252 |
* | $ -1,000 | 1 | $ 135,000 |
RBC BANK, (GEORGIA) NATIONAL ASSOCIATION 8081 ARCO CORPORATE DRIVE RALEIGH, NC 27617 |
* | $ 6,018,212,000 | 1 | $ 525,000 |
GENEVA FINANCIAL, LLC 1018 E. GUADALUPE ROAD TEMPE, AZ 85283 |
* | $ -1,000 | 1 | $ 75,000 |
SUPERIOR CREDIT UNION, INC. 4230 ELIDA RD LIMA, OH 45807 |
* | $ 1,487,853,000 | 1 | $ 505,000 |
HIGHLANDS RESIDENTIAL MORTGAGE, LTD. 12001 NORTH CENTRAL EXPRESSWAY SUITE 750 DALLAS, TX 75243 |
* | $ -1,000 | 1 | $ 95,000 |
FRANKENMUTH CREDIT UNION 580 N. MAIN ST., PO BOX 209 FRANKENMUTH, MI 48734 |
* | $ 1,071,830,000 | 1 | $ 185,000 |
DOW CHEMICAL EMPLOYEES' 600 E. LYON ROAD P.O. BOX 1649 MIDLAND, MI 48641 |
* | $ 2,160,125,000 | 1 | $ 85,000 |
THRIVENT FEDERAL CREDIT UNION 625 FOURTH AVE S MINNEAPOLIS, MN 55415 |
* | $ 870,500,000 | 1 | $ 75,000 |
BANK OF AMERICA, NATIONAL ASSOCIATION 31303 AGOURA RD CA6-917-01-20 WESTLAKE VILLAGE, CA 91361 |
* | $ 2,519,525,000,000 | 1 | $ 35,000 |
MICHIGAN MUTUAL, INC. 911 MILITARY STREET PORT HURON, MI 48060 |
* | $ -1,000 | 1 | $ 75,000 |
TOWNE MORTGAGE COMPANY 2170 E. BIG BEAVER ROAD, SUITE A TROY, MI 48083 |
* | $ -1,000 | 1 | $ 105,000 |
PLANET HOME LENDING, LLC 321 RESEARCH PARKWAY STE 300 MERIDEN, CT 06540 |
* | $ -1,000 | 1 | $ 95,000 |
ROSS MORTGAGE CORPORATION 2075 W. BIG BEAVER, SUITE 700 TROY, MI 48084 |
* | $ -1,000 | 1 | $ 175,000 |
TRI-COUNTY BANK 4222 MAIN STREET BROWN CITY, MI 48416 |
* | $ 468,307,000 | 1 | $ 95,000 |
PROVIDENT FUNDING ASSOCIATES, L.P. 851 TRAEGER AVENUE, SUITE 100 SAN BRUNO, CA 94066 |
* | $ -1,000 | 1 | $ 75,000 |
SPECIALIZED LOAN SERVICING LLC 6200 S QUEBEC ST GREENWOOD VILLAGE, CO 80111 |
* | $ -1,000 | 1 | $ 305,000 |
REGIONS BANK 1900 5TH AVENUE N BIRMINGHAM, AL 35203 |
* | $ 162,193,000,000 | 1 | $ 105,000 |
GUARANTEED RATE, INC. 3940 NORTH RAVENSWOOD AVE CHICAGO, IL 60613 |
* | $ -1,000 | 1 | $ 255,000 |
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 | 169 | $31,055,000 | $183,000 | $655,000 | $111,000 | $1,088,000 |
Cash-out Refinancing | 88 | $12,280,000 | $139,000 | $455,000 | $71,000 | $756,000 |
Refinancing | 56 | $7,220,000 | $128,000 | $335,000 | $94,000 | $546,000 |
Other Purpose | 36 | $3,710,000 | $103,000 | $445,000 | $89,000 | $288,000 |
Home Improvement | 31 | $3,105,000 | $100,000 | $305,000 | $80,000 | $233,000 |
Not Applicable | 0 | $0 | $0 | $0 | $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 | 291 | $42,355,000 | $145,000 | $595,000 | $91,000 | $756,000 |
Not Provided | 58 | $9,490,000 | $163,000 | $655,000 | $100,000 | $720,000 |
Not applicable | 15 | $2,795,000 | $186,000 | $445,000 | $0 | $0 |
Hispanic | 9 | $1,475,000 | $163,000 | $265,000 | $70,000 | $153,000 |
American Indian or Alaskan Native | 4 | $940,000 | $235,000 | $505,000 | $322,000 | $1,088,000 |
Asian | 2 | $240,000 | $120,000 | $135,000 | $118,000 | $118,000 |
Black or African American | 1 | $75,000 | $75,000 | $75,000 | $34,000 | $34,000 |
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) | 279 | $41,655,000 | $149,000 | $655,000 | $106,000 | $1,088,000 |
FHA-insured (Federal Housing Administration) | 48 | $6,050,000 | $126,000 | $315,000 | $51,000 | $120,000 |
VA-guaranteed (Veterans Administration) | 46 | $8,920,000 | $193,000 | $515,000 | $63,000 | $156,000 |
FSA/RHS (Farm Service Agency or Rural Housing Service) | 7 | $745,000 | $106,000 | $175,000 | $70,000 | $95,000 |
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 | 200 | $33,030,000 | $165,000 | $655,000 | $109,000 | $1,088,000 |
Application Denied By Financial Institution | 72 | $8,920,000 | $123,000 | $355,000 | $58,000 | $283,000 |
Application Withdrawn By Applicant | 63 | $9,125,000 | $144,000 | $525,000 | $89,000 | $330,000 |
File Closed For Incompleteness | 20 | $2,280,000 | $114,000 | $365,000 | $79,000 | $546,000 |
Loan Purchased By The Institution | 16 | $2,910,000 | $181,000 | $445,000 | $50,000 | $50,000 |
Application Approved But Not Accepted | 6 | $590,000 | $98,000 | $205,000 | $122,000 | $228,000 |
Preapproval Approved but not Accepted | 3 | $515,000 | $171,000 | $235,000 | $148,000 | $174,000 |
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 | 307 | $48,355,000 | $157,000 | $655,000 | $103,000 | $1,088,000 |
Collateral | 24 | $2,760,000 | $115,000 | $295,000 | $68,000 | $283,000 |
Debt-To-Income Ratio | 17 | $2,575,000 | $151,000 | $305,000 | $61,000 | $155,000 |
Credit Application Incomplete | 12 | $1,730,000 | $144,000 | $245,000 | $62,000 | $200,000 |
Credit History | 11 | $645,000 | $58,000 | $115,000 | $37,000 | $64,000 |
Unverifiable Information | 4 | $830,000 | $207,000 | $355,000 | $58,000 | $120,000 |
Other | 3 | $385,000 | $128,000 | $245,000 | $55,000 | $77,000 |
Insufficient Cash (Downpayment, Closing Cost) | 2 | $90,000 | $45,000 | $65,000 | $57,000 | $72,000 |
Mortgage Insurance Denied | 0 | $0 | $0 | $0 | $0 | $0 |
Employment History | 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.