Roscommon County MI
Mortgage Loan Application
Totals and Details
for 2010

Find mortgage statistics and lending data for the Roscommon 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 Roscommon 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 1,414
Total Mortgage Loan Application Amount $160,449,000
Average Mortgage Loan Application Amount $113,000
Highest Mortgage Loan Application Amount $1,014,000
Average Applicant Income $79,000
Highest Applicant Income $740,000

Mortgage Company List for Lending in Roscommon 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
JPMORGAN CHASE BANK, NA
1111 POLARIS PARKWAY
COLUMBUS, OH 43240
* $ 1,627,684,000,000 229 $ 26,222,000
CHEMICAL BANK
333 E MAIN STREET
MIDLAND, MI 48640
* $ 4,243,065,000 113 $ 7,926,000
INDEPENDENT MORTGAGE CO
230 W MAIN ST
IONIA, MI 48846
* $ 2,963,444,000 105 $ 8,731,000
BANK OF AMERICA, N.A.
4500 PARK GRANADA
CALABASAS, CA 91302
* $ 1,465,221,449,000 96 $ 12,329,000
FIFTH THIRD MORTGAGE, MI LLC
5001 KINGSLEY DRIVE MD 1MOB2W
CINCINNATI, OH 45227
* $ 48,969,000 58 $ 8,115,000
FIFTH THIRD MORTGAGE COMPANY
5001 KINGSLEY DRIVE MD 1MOB2W
CINCINNATI, OH 45227
* $ 112,736,105,000 50 $ 7,293,000
WELLS FARGO BANK, NA
100 N MAIN STREET MAC D4001-063
WINSTON-SALEM, NC 27150
* $ 608,778,000,000 49 $ 5,242,000
FIFTH THIRD BANK
5001 KINGSLEY DRIVE MD 1MOB2W
CINCINNATI, OH 45227
* $ 112,736,105,000 40 $ 3,487,000
CITIMORTGAGE, INC
601 LEXINGTON AVENUE, 20TH FLOOR
NEW YORK, NY 10022
* $ 1,019,497,000,000 38 $ 3,671,000
FLAGSTAR BANK
5151 CORPORATE DR
TROY, MI 48098
* $ 14,483,100,000 34 $ 3,486,000
ALLY BANK F/K/A/ GMAC BANK
1100 VIRGINIA DRIVE
FT. WASHINGTON, PA 19034
* $ 55,302,902,000 32 $ 5,091,000
INDEPENDENT BANK
4200 EAST BELTLINE
GRAND RAPIDS, MI 49525
* $ 2,963,444,000 32 $ 3,199,000
WELLS FARGO FUNDING, INC
100 N MAIN STREEET MAC D4001-063
WINSTON-SALEM, NC 27150
* $ 25,457,000 29 $ 3,198,000
GMAC MORTGAGE LLC
1100 VIRGINIA DRIVE
FT. WASHINGTON, PA 19034
* $ 31,000,000 22 $ 3,718,000
CITIZENS BANK
328 S SAGINAW ST
FLINT, MI 48502
* $ 11,336,105,000 20 $ 3,005,000
MORTGAGE CENTER L.C
29621 NORTHWESTERN HWY
SOUTHFIELD, MI 48034
* $ 30,000,000 19 $ 1,699,000
COLE TAYLOR BANK
9550 W HIGGINS RAOD
ROSEMONT, IL 60018
* $ 4,396,195,000 18 $ 2,875,000
PNC BANK N.A.
249 FIFTH AVE. MS P1-POPP-22-2
PITTSBURGH, PA 15222
* $ 260,309,849,000 18 $ 2,376,000
PHH MORTGAGE CORPORATION
1 MORTGAGE WAY
MT LAUREL, NJ 08054
* $ 31,000,000 17 $ 2,127,000
THE HUNTINGTON NATIONAL BANK
7575 HUNTINGTON PARK DR
COLUMBUS, OH 43235
* $ 51,111,245,000 16 $ 1,704,000
MEMBER FIRST MORTGAGE, LLC
616 44TH STREET SE
GRAND RAPIDS, MI 49548
* $ 11,800,000 15 $ 1,060,000
FIRST NATIONAL BANK OF AMERICA
241 EAST SAGINAW
EAST LANSING, MI 48823
* $ 475,815,000 14 $ 551,000
US BANK, N.A.
777 EAST WISCONSIN AVE
MILWAUKEE, WI 53202
* $ 276,376,130,000 12 $ 1,933,000
MICHIGAN MUTUAL, INC.
911 MILITARY STREET
PORT HURON, MI 48060
* $ 35,000,000,000 11 $ 1,485,000
DORT FINANCIAL CREDIT UNION
9048 HOLLY ROAD
GRAND BLANC, MI 48439
* $ 427,009,000 10 $ 742,000
BANK OF ANN ARBOR
1333 W ANN ARBOR ROAD
PLYMOUTH, MI 48185
* $ 543,312,000 9 $ 1,562,000
AMERISAVE MORTGAGE CORPORATION
3525 PIEDMONT RD NE, 8 PIEDMONT CTR STE
ATLANTA, GA 30305
* $ 8,994,122,000 9 $ 1,718,000
WILDFIRE CREDIT UNION
6640 BAY RD
SAGINAW, MI 48604
* $ 538,520,000 9 $ 393,000
FINANCIAL PLUS CREDIT UNION
G-3381 VAN SLYKE RD, P.O. BOX 7006
FLINT, MI 48507
* $ 374,412,000 8 $ 965,000
AMERA MORTGAGE CORPORATION
1050 CORPORATE OFFICE DRIVE, STE 250
MILFORD, MI 48381
* $ 1,300,000,000 8 $ 870,000
WOLVERINE BANK FSB
5710 EASTMAN AVE
MIDLAND, MI 48640
* $ 304,800,000 8 $ 1,430,000
TALMER BANK AND TRUST
2301 W. BIG BEAVER RD., SUITE 200
TROY, MI 48084
* $ 91,353,000 7 $ 981,000
FIRST INDEPENDENCE BANK
7310 WOODWARD AVE SUITE 101
DETROIT, MI 48202
* $ 159,260,000 7 $ 611,000
NEW YORK COMMUNITY BANK
1 JERICHO PLAZA
JERICHO, NY 11753
* $ 40,150,052,000 6 $ 893,000
LAKE MICHIGAN CREDIT UNION
PO BOX 2848
GRAND RAPIDS, MI 49501
* $ 1,833,363,000 6 $ 1,045,000
MORTGAGE 1 INCORPORATED
43456 MOUND ROAD
STERLING HEIGHTS, MI 49314
* $ 9,135,000 6 $ 933,000
MICHIGAN SCHOOLS AND GOVERNMENT
40400 GARFIELD ROAD
CLINTON TOWNSHIP, MI 48038
* $ 1,056,002,000 5 $ 262,000
USAA FEDERAL SAVINGS BANK
10750 MCDERMOTT FREEWAY
SAN ANTONIO, TX 78288
* $ 37,922,355,000 5 $ 717,000
FIRST PLACE BANK
185 EAST MARKET
WARREN, OH 44481
* $ 3,245,297,000 5 $ 610,000
RBS CITIZENS, N.A.
ONE CITIZENS PLAZA
PROVIDENCE, RI 02903
* $ 116,921,115,000 5 $ 728,000
ISABELLA BANK
139 E. BROADWAY
MT. PLEASANT, MI 48858
* $ 1,087,522,000 5 $ 909,000
CITIFINANCIAL, INC.
300 ST. PAUL PLACE
BALTIMORE, MD 21202
* $ 1,494,037,000,000 4 $ 497,000
MERRILL LYNCH CREDIT CORP
4500 PARK GRANADA CA7-910-01-24
CALABASAS, CA 91302
* $ 2,223,299,000 4 $ 352,000
STATE FARM BANK
1 STATE FARM PLAZA
BLOOMINGTON, IL 61710
* $ 16,157,711,000 4 $ 306,000
DFCU FINANCIAL
400 TOWN CENTER DRIVE
DEARBORN, MI 48126
* $ 2,140,880,000 4 $ 292,000
SUMMIT COMMUNITY BANK
1600 ABBOT RD
EAST LANSING, MI 48823
* $ 158,846,000 4 $ 790,000
COLONIAL SAVINGS, F. A.
P. O. BOX 2988
FORT WORTH, TX 76113
* $ 964,882,000 4 $ 230,000
COMMUNITY FINANCIAL CREDIT UNI
PO BOX 8050
PLYMOUTH, MI 48170
* $ 456,765,000 4 $ 656,000
GUARDIAN MORTGAGE COMPANY, INC
100 N. CENTRAL EXPRESSWAY SUITE 190
RICHARDSON, TX 75083
* $ 10,000,000 4 $ 392,000
FRANKENMUTH CREDIT UNION
580 N. MAIN ST., PO BOX 209
FRANKENMUTH, MI 48734
* $ 214,452,000 4 $ 300,000
MICHIGAN STATE UNIVERSITY FEDERAL CREDIT UNION
3777 WEST ROAD
EAST LANSING, MI 48823
* $ 1,816,252,000 4 $ 295,000
MOUNTAIN STATES MORTGAGE
1333 E 9400 S
SANDY, UT 84093
* $ 10,000,000 4 $ 428,000
AMERIFIRST FINANCIAL CORPORATI
616 WEST CENTRE AVENUE
PORTAGE, MI 49024
* $ 10,000,000 4 $ 416,000
SHORE MORTGAGE
770 S. ADAMS ROAD #300
BIRMINGHAM, MI 48009
* $ 10,000,000 4 $ 513,000
HOMEOWNERS MORTGAGE OF AMERICA
100 GALLERIA PARKWAY STE 1400
ATLANTA, GA 30339
* $ 10,000,000 3 $ 399,000
NATIONSTAR MORTGAGE LLC
8950 CYPRESS WATERS BLVD.
COPPELL, TX 75019
* $ 10,000,000 3 $ 277,000
ALLIANCE CATHOLIC CREDIT UNION
26913 NORTHWESTERN HWY STE 520
SOUTHFIELD, MI 48033
* $ 260,431,000 3 $ 79,000
GENISYS
2100 EXECUTIVE HILLS BLVD
AUBURN HILLS, MI 48326
* $ 1,304,145,000 3 $ 100,000
FIRST CHOICE BANK
669 WHITEHEAD ROAD
LAWRENCEVILLE, NJ 08648
* $ 267,565,000 3 $ 180,000
LAFCU
106 N MARKETPLACE BLVD
LANSING, MI 48917
* $ 506,677,000 3 $ 229,000
ONEWEST BANK, FSB
888 EAST WALNUT ST
PASADENA, CA 91101
* $ 23,286,247,000 3 $ 391,000
METLIFE BANK, N.A.
334 MADISON AVENUE
CONVENT STATION, NJ 07961
* $ 14,106,965,000 2 $ 257,000
ING BANK, FSB
1 SOUTH ORANGE STREET
WILMINGTON, DE 19801
* $ 90,293,933,000 2 $ 532,000
PARAMOUNT BANK
31000 NORTHWESTERN HWY., #200
FARMINGTON HILLS, MI 48334
* $ 277,998,000 2 $ 190,000
TRI-COUNTY BANK
4222 MAIN STREET
BROWN CITY, MI 48416
* $ 189,423,000 2 $ 89,000
COMERICA BANK
500 WOODWARD AVE - MC 3352
DETROIT, MI 48226
* $ 59,143,523,000 2 $ 176,000
COMMUNITY STATE BANK
PO BOX 469
BIRCH RUN, MI 48415
* $ 184,370,000 2 $ 183,000
LEVEL ONE BANK
32991 HAMILTON COURT
FARMINGTON HILLS, MI 48334
* $ 170,420,000 2 $ 190,000
UNION BANK MORTGAGE COMPANY
933 FOURTH AVE
LAKE ODESSA, MI 48849
* $ 115,997,000 2 $ 367,000
NPB MORTGAGE LLC
3333 DEPOSIT DRIVE NE
GRAND RAPIDS, MI 49546
* $ 145,000,000 2 $ 175,000
FIRSTBANK - ALMA MORTGAGE CO
311 WOODWORTH AVE.
ALMA, MI 48801
* $ 260,365,000 2 $ 111,000
NFCU
820 FOLLIN LANE
VIENNA, VA 22180
* $ 39,610,194,000 2 $ 220,000
EATON FEDERAL SAVINGS BANK
236 SOUTH COCHRAN
CHARLOTTE, MI 48813
* $ 329,621,000 2 $ 166,000
RESIDENTIAL FINANCE CORP.
401 N. FRONT STREET, SUITE 300
COLUMBUS, OH 43215
* $ 17,533,484,000 2 $ 236,000
TRANEX FINANCIAL INC.
26200 AMERICAN DRIVE
SOUTHFIELD, MI 48034
* $ 10,000,000 2 $ 384,000
NEIGHBORHOOD MORTGAGE SOLUTION
PO BOX 209 544 N MAIN ST
FRANKENMUTH, MI 48734
* $ 77,551,000 2 $ 172,000
AMALGAMATED CREDIT UNION
4686 FASHION SQUARE BLVD.
SAGINAW, MI 48604
* $ 43,204,000 2 $ 195,000
COMMUNITY CHOICE CREDIT UNION
31155 NORTHWESTERN HWY
FARMINGTON HILLS, MI 48334
* $ 435,753,000 2 $ 183,000
MARSHALL COMMUNITY CREDIT UNION
839 W GREEN ST
MARSHALL, MI 49068
* $ 156,147,000 2 $ 233,000
VIBE
44575 W 12 MILE
NOVI, MI 48377
* $ 459,295,000 2 $ 351,000
DOW CHEMICAL EMPLOYEES'
600 E. LYON ROAD P.O. BOX 1649
MIDLAND, MI 48641
* $ 1,293,920,000 2 $ 203,000
SECURITY CREDIT UNION
5255 SECURITY PARK BLVD
HOLLY, MI 48442
* $ 356,477,000 2 $ 97,000
PROVIDENT FUNDING ASSOCIATES, L.P.
851 TRAEGER AVENUE, SUITE 100
SAN BRUNO, CA 94066
* $ 10,000,000 2 $ 409,000
IFREEDOM DIRECT CORPORATION
124 N. CHARLES LINDBERGH DRIVE
SLC, UT 84116
* $ 10,000,000 2 $ 143,000
MORTGAGE RESEARCH CENTER, LLC
2101 CHAPEL PLAZA COURT SUITE 107
COLUMBIA, MO 65203
* $ 880,000,000 2 $ 308,000
CAPITAL MORTGAGE FUNDING, LLC
17170 WEST 12 MILE ROAD
SOUTHFIELD, MI 48076
* $ 10,000,000 2 $ 313,000
AMERICAN INTERNET MORTGAGE, INC.
4121 CAMINO DEL RIO SOUTH
SAN DIEGO, CA 92108
* $ 10,000,000 1 $ 195,000
NATIONWIDE ADVANTAGE MORTGAGE
1100 LOCUST ST
DES MOINES, IA 50391
* $ 31,000,000 1 $ 71,000
BIRMINGHAM BANCORP MORTGAGE
6230 ORCHARD LAKE ROAD
WEST BLOOMFIELD, MI 48322
* $ 10,000,000 1 $ 141,000
FIRST GUARANTY MORTGAGE CORPORATION
1900 GALLOWS ROAD, SUITE 800
TYSONS CORNER, VA 22182
* $ 10,000,000 1 $ 98,000
FRANKLIN AMERICAN MORTGAGE CO
501 CORPORATE CENTRE DRIVE, SUITE 400
FRANKLIN, TN 37067
* $ 10,000,000 1 $ 84,000
ADVIA
550 S RIVERVIEW DR
PARCHMENT, MI 49004
* $ 238,870,000 1 $ 40,000
UNITED FINANCIAL CREDIT UNION
4685 STATE ST.
SAGINAW, MI 48603
* $ 123,713,000 1 $ 156,000
FREESTAR FINANCIAL CREDIT UNION
PO BOX 2800
MT CLEMENS, MI 48046
* $ 153,145,000 1 $ 34,000
ALLEGIS CREDIT UNION
5713 VENTURE PARK DR.
KALAMAZOO, MI 49009
* $ 77,551,000 1 $ 34,000
PUBLIC SERVICE CREDIT UNION
7665 MERRIMAN RD
ROMULUS, MI 48174
* $ 120,918,000 1 $ 60,000
ASTERA
5615 W SAGINAW HWY
LANSING, MI 48917
* $ 168,648,000 1 $ 66,000
DIRECTIONS CREDIT UNION, INC.
5121 WHITEFORD ROAD
SYLVANIA, OH 43560
* $ 519,060,000 1 $ 45,000
WEST MICHIGAN CREDIT UNION
1319 FRONT AVE NW
GRAND RAPIDS, MI 49504
* $ 101,106,000 1 $ 48,000
TEAM ONE CREDIT UNION
520 HAYDEN
SAGINAW, MI 48607
* $ 299,708,000 1 $ 63,000
T&I CREDIT UNION
600 N MAIN ST
CLAWSON, MI 48017
* $ 63,921,000 1 $ 95,000
GENERATION MORTGAGE COMPANY
3565 PIEDMONT ROAD, NE STE. 300
ATLANTA, GA 30305
* $ 73,926,000 1 $ 51,000
GREENSTONE FARM CREDIT SERVICES, FLCA
3515 WEST RD
EAST LANSING, MI 48823
* $ 10,000,000 1 $ 49,000
ARBOR MORTGAGE CORPORATION
2311 EAST BELTLINE AVE SE 200
GRAND RAPIDS, MI 49546
* $ 15,555,000 1 $ 46,000
GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION
100 PHOENIX DR, STE 300
ANN ARBOR, MI 48108
* $ 10,000,000 1 $ 111,000
FINANCE OF AMERICA REVERSE LLC
8023 EAST 63RD PLACE, SUITE 700
TULSA, OK 74133
* $ 3,125,000 1 $ 39,000
STAUNTON FINANCIAL, INC.
25800 NORTHWESTERN HIGHWAY SUITE 110
SOUTHFIELD, MI 48075
* $ 10,000,000 1 $ 40,000
ONE REVERSE MORTGAGE, LLC
4445 EASTGATE MALL, SUITE 320
SAN DIEGO, CA 92121
* $ 39,000,000 1 $ 49,000
1ST ADVANTAGE MORTGAGE
701 E 22ND ST, STE 125
LOMBARD, IL 60148
* $ 10,000,000 1 $ 409,000
UKRAINIAN SELFRELIANCE MFCU
26791 RYAN
WARREN, MI 48091
* $ 133,080,000 1 $ 67,000
MBT CREDIT CO
102 E FRONT ST
MONROE, MI 48161
* $ 1,409,770,000 1 $ 67,000
AFFILIATED MORTGAGE COMPANY
1301 HUDSON LANE
MONROE, LA 71201
* $ 212,423,000 1 $ 141,000
GUARDIAN SAVINGS BANK, FSB
5901 COLERAIN AV
CINCINNATI, OH 45239
* $ 685,310,000 1 $ 90,000
PARK VIEW FEDERAL SAVINGS BANK
30000 AURORA ROAD
SOLON, OH 44139
* $ 870,080,000 1 $ 108,000
UNITED BANK MORTGAGE CORPORATI
900 EAST PARIS AVE SE
GRAND RAPIDS, MI 49546
* $ 264,000,000 1 $ 90,000
FENTURA MORTGAGE CORP
P O BOX 725
FENTON, MI 48430
* $ 295,000,000 1 $ 167,000
AMERICAN NATIONAL BANK
3033 E FIRST AVENUE
DENVER, CO 80206
* $ 1,795,815,000 1 $ 220,000
THE DART BANK
368 S. PARK ST.
MASON, MI 48854
* $ 279,679,000 1 $ 45,000
BRANCH BANKING AND TRUST CO
223 W NASH STREET
WILSON, NC 27893
* $ 159,675,538,000 1 $ 35,000
UNITED BANK AND TRUST
2723 S STATE ST
ANN ARBOR, MI 48104
* $ 512,610,000 1 $ 1,014,000
UNIVERSITY BANK
2015 WASHTENAW AVE
ANN ARBOR, MI 48104
* $ 133,720,000 1 $ 91,000
1ST STATE FINANCIAL, LTD.
PO BOX 1468
SAGINAW, MI 48605
* $ 153,609,000 1 $ 273,000
GATEWAY BUSINESS BANK
18000 STUDEBAKER ROAD, SUITE 550
CERRITOS, CA 90703
* $ 216,229,000 1 $ 105,000
MONARCH COMMUNITY BANK
375 N WILLOWBROOK RD
COLDWATER, MI 49036
* $ 280,878,000 1 $ 263,000
INCREDIBLEBANK
327 N 17TH AVE
WAUSAU, WI 54401
* $ 951,759,000 1 $ 123,000
ACCESS NATIONAL MORTGAGE CORP
1800 ROBERT FULTON DR, SUITE 350
RESTON, VA 20191
* $ 10,000,000 1 $ 89,000
CSB BANK
206 N MAIN ST
CAPAC, MI 48014
* $ 218,269,000 1 $ 55,000
1ST SOURCE BANK
P O BOX 1602 SUITE 400
SOUTH BEND, IN 46634
* $ 4,522,551,000 1 $ 160,000
SUNTRUST MORTGAGE, INC
901 SEMMES AVENUE
RICHMOND, VA 23224
* $ 164,340,844,000 1 $ 195,000
ADMIRALS BANK FORMER DOMESTIC
815 RESERVOIR AVE
CRANSTON, RI 02910
* $ 234,124,000 1 $ 17,000
EVERHOME MORTGAGE COMPANY
8100 NATIONS WAY
JACKSONVILLE, FL 32256
* $ 3,027,261,000 1 $ 130,000
US BANK NORTH DAKOTA
777 EAST WISCONSIN AVE
MILWAUKEE, WI 53202
* $ 5,122,657,000 1 $ 563,000
SRC MORTGAGE
402 E. FRONT STREET
TRAVERSE CITY, MI 49686
* $ 2,223,299,000 1 $ 390,000
THUMB NATIONAL MORTGAGE LLC
7254 MICHIGAN AVE
PIGEON, MI 48755
* $ 181,354,000 1 $ 92,000

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 Roscommon 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 949 $117,793,000 $124,000 $1,014,000 $77,000 $616,000
Home Purchase 422 $41,490,000 $98,000 $520,000 $86,000 $740,000
Home Improvement 43 $1,166,000 $27,000 $130,000 $43,000 $133,000

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 1,178 $131,959,000 $112,000 $726,000 $83,000 $740,000
Not Provided 148 $15,016,000 $101,000 $694,000 $77,000 $550,000
Not applicable 68 $11,167,000 $164,000 $1,014,000 $4,000 $190,000
Hispanic 10 $1,239,000 $123,000 $316,000 $107,000 $458,000
American Indian or Alaskan Native 5 $413,000 $82,000 $132,000 $45,000 $143,000
Black or African American 3 $219,000 $73,000 $105,000 $73,000 $142,000
Asian 2 $436,000 $218,000 $221,000 $220,000 $292,000
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) 1,163 $135,950,000 $116,000 $1,014,000 $87,000 $740,000
FHA-insured (Federal Housing Administration) 205 $19,254,000 $93,000 $221,000 $38,000 $162,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 23 $2,416,000 $105,000 $154,000 $43,000 $73,000
VA-guaranteed (Veterans Administration) 23 $2,829,000 $123,000 $296,000 $43,000 $91,000

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 698 $76,080,000 $108,000 $1,014,000 $88,000 $740,000
Application Denied By Financial Institution 310 $32,977,000 $106,000 $694,000 $69,000 $590,000
Loan Purchased By The Institution 216 $30,120,000 $139,000 $417,000 $62,000 $455,000
Application Withdrawn By Applicant 106 $11,684,000 $110,000 $726,000 $75,000 $335,000
Application Approved But Not Accepted 50 $4,824,000 $96,000 $282,000 $95,000 $600,000
File Closed For Incompleteness 34 $4,764,000 $140,000 $563,000 $76,000 $326,000
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 80 $8,570,000 $107,000 $366,000 $71,000 $444,000
Debt-To-Income Ratio 53 $5,905,000 $111,000 $525,000 $46,000 $186,000
Credit Application Incomplete 45 $6,193,000 $137,000 $543,000 $95,000 $590,000
Credit History 26 $1,732,000 $66,000 $208,000 $46,000 $96,000
Other 19 $1,779,000 $93,000 $157,000 $94,000 $250,000
Unverifiable Information 6 $985,000 $164,000 $272,000 $183,000 $400,000
Insufficient Cash (Downpayment, Closing Cost) 4 $446,000 $111,000 $130,000 $141,000 $260,000
Employment History 1 $134,000 $134,000 $134,000 $65,000 $65,000
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.

Download the Michigan Lender List