Find mortgage statistics and lending data for the Schoolcraft 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 Schoolcraft 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 | 684 |
Total Mortgage Loan Application Amount | $63,060,000 |
Average Mortgage Loan Application Amount | $92,000 |
Highest Mortgage Loan Application Amount | $322,000 |
Average Applicant Income | $78,000 |
Highest Applicant Income | $981,000 |
Mortgage Lender | Phone Number | Mortgage Lender Assets | Number of Mortgage Loan Applications | Total Dollar Amount of Mortgage Loan Applications |
---|---|---|---|---|
WELLS FARGO HOME MORTGAGE 1 HOME CAMPUS, X9902-1R DES MOINES, IA 50328 |
* | $ 35,000,000,000 | 199 | $ 18,482,000 |
ASSOCIATED MORTGAGE CO, INC 301 N BROADWAY ST DEPERE, WI 54115 |
* | $ 95,481,778,000 | 127 | $ 10,817,000 |
CUNA MUTUAL MORTGAGE CORPORATI 2908 MARKETPLACE DRIVE SUITE 100 MADISON, WI 53719 |
* | $ 10,000,000 | 27 | $ 1,915,000 |
ABN AMRO MTG GROUP INC 850 THIRD AVENUE, 12TH FLOOR NEW YORK, NY 10022 |
* | $ 250,000,000 | 26 | $ 3,101,000 |
COUNTRYWIDE HOME LOANS 30930 RUSSELL RANCH ROAD MS WLRR-148 WESTLAKE VILLAGE, CA 91362 |
* | $ 58,034,697,000 | 24 | $ 2,733,000 |
GMAC MORTGAGE LLC 1100 VIRGINIA DRIVE FT. WASHINGTON, PA 19034 |
* | $ 31,000,000 | 21 | $ 1,928,000 |
AMERIQUEST MORTGAGE COMPANY 1100 TOWN & COUNTRY ROAD ORANGE, CA 92868 |
* | $ 10,000,000 | 13 | $ 937,000 |
WELLS FARGO BANK, NA 1 HOME CAMPUS, 4TH FLOOR, MAC X2301-042 DES MOINES, IA 50328 |
* | $ 183,712,000,000 | 11 | $ 411,000 |
REPUBLIC BANK 2425 E GRAND RIVER AVE LANSING, MI 48912 |
* | $ 4,763,003,000 | 11 | $ 1,190,000 |
BANK ONE, NA 45303 VAN DYKE SUITE 9048 UTICA, MI 48317 |
* | $ 53,001,000,000 | 11 | $ 489,000 |
FLAGSTAR BANK 5151 CORPORATE DR TROY, MI 48098 |
* | $ 8,190,484,000 | 10 | $ 1,174,000 |
HOMEOWNERS LOAN CORPORATION 4501 CIRCLE 75 PARKWAY, SUITE D-4300 ATLANTA, GA 30339 |
* | $ 1,840,459,615,000 | 7 | $ 312,000 |
CITIFINANCIAL MORTGAGE COMPANY 1111 NORTHPOINT DRIVE COPPELL, TX 75019 |
* | $ 1,097,190,000,000 | 7 | $ 306,000 |
PHH MORTGAGE CORPORATION 1 MORTGAGE WAY MT LAUREL, NJ 08054 |
* | $ 31,000,000 | 7 | $ 711,000 |
WASHTENAW MORTGAGE COMPANY 3767 RANCHERO DRIVE ANN ARBOR, MI 48108 |
* | $ 204,000,000 | 6 | $ 892,000 |
WASHINGTON MUTUAL BANK 227 EAST AVENUE ALBION, NY 14411 |
* | $ 236,422,336,000 | 6 | $ 819,000 |
FIFTH THIRD MORTGAGE, MI LLC 5001 KINGSLEY DRIVE MD 1MOB2W CINCINNATI, OH 45227 |
* | $ 25,145,204,000 | 5 | $ 584,000 |
RESIDENTIAL FUNDING CORP. LLC 1100 VIRGINIA DRIVE FT. WASHINGTON, PA 19034 |
* | $ 10,000,000 | 5 | $ 326,000 |
E-LOAN, INC. 6230 STONERIDGE MALL ROAD PLEASANTON, CA 94588 |
* | $ 10,000,000 | 5 | $ 387,000 |
NATIONSTAR MORTGAGE LLC 8950 CYPRESS WATERS BLVD. COPPELL, TX 75019 |
* | $ 10,000,000 | 5 | $ 311,000 |
FIFTH THIRD MORTGAGE COMPANY 5001 KINGSLEY DRIVE MD 1MOB2W CINCINNATI, OH 45227 |
* | $ 47,877,769,000 | 5 | $ 584,000 |
BANK OF AMERICA, N.A. 4500 PARK GRANADA CALABASAS, CA 91302 |
* | $ 565,382,000,000 | 4 | $ 405,000 |
HOMECOMINGS FINANCIAL LLC 1100 VIRGINIA DRIVE FT. WASHINGTON, PA 19034 |
* | $ 10,000,000 | 4 | $ 459,000 |
HFC 140 INDUSTRIAL DRIVE ELMHURST, IL 60126 |
* | $ 10,000,000 | 4 | $ 124,000 |
AMERICAN BUSINESS FINANCIAL 100 PENN SQUARE EAST PHILADELPHIA, PA 19107 |
* | $ 10,000,000 | 4 | $ 309,000 |
GMAC BANK 4 WALNUT GROVE HORSHAM, PA 19044 |
* | $ 2,448,525,000 | 4 | $ 707,000 |
DELTA FUNDING CORPORATION 1000 WOODBURY ROAD WOODBURY, NY 11797 |
* | $ 31,000,000 | 4 | $ 463,000 |
CHASE MANHATTAN MORTGAGE CORP 343 THORNALL STREET EDISON, NJ 08837 |
* | $ 622,388,000,000 | 3 | $ 291,000 |
MBNA AMERICA DELAWARE, N.A. 200 N COLLEGE ST NC1-004-04-13 CHARLOTTE, NC 28255 |
* | $ 1,708,852,000 | 3 | $ 219,000 |
AURORA BANK FSB 1271 SIXTH AVENUE, 46TH FLOOR NEW YORK, NY 10020 |
* | $ 11,370,323,000 | 3 | $ 315,000 |
AMTRUST BANK 1801 E. 9TH ST #200 CLEVELAND, OH 44114 |
* | $ 12,811,549,000 | 3 | $ 332,000 |
CHASE MANHATTAN BANK USA, NA 200 WHITE CLAY CENTER DR NEWARK, DE 19711 |
* | $ 32,738,033,000 | 3 | $ 428,000 |
UNION PLANTERS BANK P.O. BOX 10247 BIRMINGHAM, AL 35202 |
* | $ 33,756,573,000 | 3 | $ 427,000 |
NATIONAL CITY MORTGAGE CORPORA 1900 E9TH STREET LOCATOR 01-3013 CLEVELAND, OH 44114 |
* | $ 12,000,000,000 | 3 | $ 402,000 |
FULL SPECTRUM LENDING 35 N. LAKE AVENUE MS 55-11 PASADENA, CA 91101 |
* | $ 58,034,697,000 | 3 | $ 252,000 |
AMERICAS MONEYLINE 4880 COX ROAD GLEN ALLEN, VA 23060 |
* | $ 10,000,000 | 3 | $ 264,000 |
NATIONAL CITY BANK 1900 E NINTH ST LOC 01-3144 CLEVELAND, OH 44114 |
* | $ 43,721,511,000 | 2 | $ 95,000 |
FRANKLIN MORTGAGE FUNDING 25800 NORTHWESTERN HWY SUITE 875 SOUTHFIELD, MI 48075 |
* | $ 10,000,000 | 2 | $ 191,000 |
MORTGAGE CENTER L.C 29621 NORTHWESTERN HWY SOUTHFIELD, MI 48034 |
* | $ 30,000,000 | 2 | $ 172,000 |
USAA FEDERAL SAVINGS BANK 10750 MCDERMOTT FREEWAY SAN ANTONIO, TX 78288 |
* | $ 12,348,756,000 | 2 | $ 47,000 |
NEW CENTURY MORTGAGE CORPORATI 18400 VON KARMAN AVE., SUITE 1000 IRVINE, CA 92612 |
* | $ 10,000,000 | 2 | $ 188,000 |
MOREQUITY,INC. (NV) 601 N.W. SECOND STREET, P.O. BOX 59 EVANSVILLE, IN 47701 |
* | $ 10,000,000 | 2 | $ 356,000 |
OAK STREET MORTGAGE 11555 N MERIDIAN ST CARMEL, IN 46032 |
* | $ 10,000,000 | 2 | $ 93,000 |
THE HUNTINGTON NATIONAL BANK 7575 HUNTINGTON PARK DR COLUMBUS, OH 43235 |
* | $ 27,399,278,000 | 2 | $ 125,000 |
TOWNE MORTGAGE COMPANY 13325 E 14 MILE RD STERLING HEIGHTS, MI 48312 |
* | $ 10,000,000 | 2 | $ 214,000 |
WELLS FARGO FIN'L AMERICA, INC 800 WALNUT ST, 6TH FLOOR, MAC F4031-061 DES MOINES, IA 50309 |
* | $ 18,988,174,000 | 2 | $ 79,000 |
INDEPENDENT MTG CO CENTRAL MI 230 WEST MAIN STREET IONIA, MI 48846 |
* | $ 125,000,000 | 2 | $ 234,000 |
CITIFINANCIAL, INC. 300 ST. PAUL PLACE BALTIMORE, MD 21202 |
* | $ 1,097,190,000,000 | 2 | $ 74,000 |
BNC MORTGAGE 1901 MAIN ST IRVINE, CA 92614 |
* | $ 10,000,000 | 2 | $ 61,000 |
NOVASTAR MORTGAGE 2114 CENTRAL SUITE 600 KANSAS CITY, MO 64108 |
* | $ 10,000,000 | 2 | $ 366,000 |
NEW STATE MORTGAGE COMPANY 8401 VIRGINIA STREET MERRILLVILE, IN 46410 |
* | $ 10,000,000 | 2 | $ 111,000 |
CHARTER ONE BANK 1215 SUPERIOR AVE CLEVELAND, OH 44114 |
* | $ 42,042,160,000 | 1 | $ 225,000 |
E*TRADE BANK 671 NORTH GLEBE RD, 12TH FLOOR ARLINGTON, VA 22203 |
* | $ 17,039,747,000 | 1 | $ 58,000 |
AEGIS WHOLESALE CORPORATION 3250 BRIARPARK DR SUITE 400 HOUSTON, TX 77042 |
* | $ 10,000,000 | 1 | $ 124,000 |
CONSECO BANK, INC. 2825 E. COTTONWOOD PARKWAY, SUITE 230 SALT LAKE CITY, UT 84121 |
* | $ 3,042,016,000 | 1 | $ 54,000 |
US BANK NORTH DAKOTA 777 EAST WISCONSIN AVE MILWAUKEE, WI 53202 |
* | $ 2,437,029,000 | 1 | $ 68,000 |
NOVASTAR HOME MORTGAGE, INC. 8140 WARD PARKWAY KANSAS CITY, MO 64114 |
* | $ 10,000,000 | 1 | $ 310,000 |
WASHINGTON MORTGAGE COMPANY 40 OAK HOLLOW, SUITE 100 SOUTHFIELD, MI 48034 |
* | $ 10,000,000 | 1 | $ 79,000 |
NORTHPOINTE BANK 3333 DEPOSIT DRIVE NE GRAND RAPIDS, MI 49546 |
* | $ 145,362,000 | 1 | $ 71,000 |
DECISION ONE MORTGAGE 6060 J.A. JONES DRIVE CHARLOTTE, NC 28287 |
* | $ 10,000,000 | 1 | $ 161,000 |
WELLS FARGO FUNDING, INC 100 N MAIN STREEET MAC D4001-063 WINSTON-SALEM, NC 27150 |
* | $ 25,457,000 | 1 | $ 171,000 |
M&I MARSHALL & ILSLEY BANK W57N14280 DOERR WAY CEDARBURG, WI 53012 |
* | $ 28,166,870,000 | 1 | $ 126,000 |
RATEONE HOME LOANS,LLC 7660 INDUSTRIAL RD.,STE.201B LAS VEGAS, NV 89139 |
* | $ 10,000,000 | 1 | $ 86,000 |
HOME LOAN CENTER 163 TECHNOLOGY DRIVE IRVINE, CA 92618 |
* | $ 10,000,000 | 1 | $ 35,000 |
LASALLE BANK NA 135 SOUTH LASALLE STREET, STE 2325 CHICAGO, IL 60603 |
* | $ 57,441,766,000 | 1 | $ 260,000 |
WELLS FARGO FIN'L INDIANA, INC 800 WALNUT ST, 6TH FLOOR, MAC F4031-061 DES MOINES, IA 50309 |
* | $ 19,044,632,000 | 1 | $ 35,000 |
TOWN & COUNTRY CREDIT 2010 MAIN STREET, SUITE 800 IRVINE, CA 92614 |
* | $ 10,000,000 | 1 | $ 100,000 |
NATIONAL CITY MORTGAGE SERVICE 1900 E 9TH STREET LOCATOR 01-3013 CLEVELAND, OH 44114 |
* | $ 12,383,021,000 | 1 | $ 115,000 |
MIDWEST LOAN SOLUTIONS, INC. 29777 TELEGRAPH RD. SUITE 3580 SOUTHFIELD, MI 48034 |
* | $ 46,200,000 | 1 | $ 49,000 |
MORTGAGE IT INC 60 WALL ST NEW YORK, NY 10005 |
* | $ 10,000,000 | 1 | $ 149,000 |
GUARANTY RESIDENTIAL LENDING 1300 S. MOPAC EXPWY AUSTIN, TX 78746 |
* | $ 9,102,046,000 | 1 | $ 168,000 |
MIDCAROLINABANK 3101 S. CHURCH STREET BURLINGTON, NC 27215 |
* | $ 169,395,000 | 1 | $ 86,000 |
THE CIT GROUP/CONSUMER FINANCE 650 CIT DRIVE LIVINGSTON, NJ 07039 |
* | $ 1,358,138,000 | 1 | $ 149,000 |
TEAM ONE CREDIT UNION 520 HAYDEN SAGINAW, MI 48607 |
* | $ 220,586,000 | 1 | $ 117,000 |
PEOPLE'S CHOICE FINANCIAL CORP 7515 IRVINE CENTER DR. IRVINE, CA 92618 |
* | $ 10,000,000 | 1 | $ 178,000 |
ADMIRALS BANK FORMER DOMESTIC 815 RESERVOIR AVE CRANSTON, RI 02910 |
* | $ 199,260,000 | 1 | $ 161,000 |
VANDYK MORTGAGE CORPORATION 2449 CAMELOT COURT S.E. GRAND RAPIDS, MI 49546 |
* | $ 10,000,000 | 1 | $ 193,000 |
US BANK, N.A. 777 EAST WISCONSIN AVE MILWAUKEE, WI 53202 |
* | $ 176,049,792,000 | 1 | $ 132,000 |
AMERICAN HOME MORTGAGE CORP. 538 BROADHOLLOW RD MELVILLE, NY 11747 |
* | $ 10,000,000 | 1 | $ 96,000 |
ACCREDITED HOME LENDERS, INC 15253 AVENUE OF SCIENCE BLDG 1 SAN DIEGO, CA 92128 |
* | $ 10,000,000 | 1 | $ 95,000 |
COPOCO COMMUNITY CREDIT UNION 4265 E WILDER RD BAY CITY, MI 48706 |
* | $ 52,104,000 | 1 | $ 19,000 |
ARGENT MORTGAGE COMPANY 1100 TOWN & COUNTRY ORANGE, CA 92868 |
* | $ 10,000,000 | 1 | $ 188,000 |
AMERA MORTGAGE CORPORATION 1050 CORPORATE OFFICE DR #200 MILFORD, MI 48381 |
* | $ 37,357,334,000 | 1 | $ 102,000 |
UNITED MORTGAGE COMPANY 205 E. CHICAGO BLVD. TECUMSEH, MI 49286 |
* | $ 468,861,000 | 1 | $ 174,000 |
FIRST FRANKLIN FINANCIAL CORP. 2150 NORTH FIRST STREET SAN JOSE, CA 95131 |
* | $ 592,000,000 | 1 | $ 68,000 |
AAMES FUNDING CORPORATION 15090 AVENUE OF SCIENCE SAN DIEGO, CA 92128 |
* | $ 10,000,000 | 1 | $ 75,000 |
FREEDOM MORTGAGE CORP. 10500 KINCAID DR. STE. 300 FISHERS, IN 46037 |
* | $ 10,000,000 | 1 | $ 39,000 |
EMMCO, LLC 113 REED AVENUE LEXINGTON, SC 29072 |
* | $ 10,000,000 | 1 | $ 20,000 |
OPTION ONE MORTGAGE CORP 6501 IRVINE CENTER DRIVE IRVINE, CA 92618 |
* | $ 10,000,000 | 1 | $ 51,000 |
H&R BLOCK MORTGAGE CORPORATION 6501 IRVINE CENTER DRIVE IRVINE, CA 92618 |
* | $ 10,000,000 | 1 | $ 51,000 |
WEBSTER BANK 609 WEST JOHNSON AVE CHESHIRE, CT 06410 |
* | $ 13,354,305,000 | 1 | $ 58,000 |
WEST MICHIGAN MORTGAGE LLC 5367 SCHOOL AVE HUDSONVILLE, MI 49426 |
* | $ 126,230,000 | 1 | $ 228,000 |
FLEET NATIONAL BANK 525 N TRYON ST NC1-023-06-04 CHARLOTTE, NC 28255 |
* | $ 179,362,000,000 | 1 | $ 21,000 |
OAKLAND COMMERCE BANK 31731 NORTHWESTERN HIGHWAY FARMINGTON HILLS, MI 48334 |
* | $ 115,916,000 | 1 | $ 102,000 |
IB&T MORTGAGE COMPANY 139 EAST BROADWAY MOUNT PLEASANT, MI 48858 |
* | $ 516,025,000 | 1 | $ 150,000 |
BANK MUTUAL 4949 W BROWN DEER ROAD MILWAUKEE, WI 53224 |
* | $ 1,906,892,000 | 1 | $ 124,000 |
CONCORDE ACCEPTANCE CORPORATIO 7929 BROOKRIVER DR., SUITE 500 DALLAS, TX 75247 |
* | $ 10,000,000 | 1 | $ 88,000 |
WILDFIRE CREDIT UNION 6640 BAY RD SAGINAW, MI 48604 |
* | $ 372,603,000 | 1 | $ 92,000 |
QUAD CITY BANK AND TRUST COMPANY 2118 MIDDLE ROAD BETTENDORF, IA 52722 |
* | $ 506,787,000 | 1 | $ 50,000 |
OAKWOOD ACCEPTANCE CORPORATION 7800 MCCLOUD ROAD GREENSBORO, NC 27409 |
* | $ 10,000,000 | 1 | $ 65,000 |
NOVELLE FINANCIAL SERVICES 15050 AVENUE OF SCIENCE # 101 SAN DIEGO, CA 92128 |
* | $ 10,000,000 | 1 | $ 47,000 |
AIG FEDERAL SAVINGS BANK 600 N KING STREET, SUITE 2 WILMINGTON, DE 19801 |
* | $ 879,740,000 | 1 | $ 310,000 |
VANDERBILT MORTGAGE 500 ALCOA TRAIL MARYVILLE, TN 37804 |
* | $ 31,000,000 | 1 | $ 20,000 |
21ST MORTGAGE CORPORATION 620 MARKET ST SUITE 100 KNOXVILLE, TN 37902 |
* | $ 10,000,000 | 1 | $ 17,000 |
BANK OF BLUE VALLEY 11935 RILEY OVERLAND PARK, KS 66213 |
* | $ 597,854,000 | 1 | $ 35,000 |
MACATAWA BANK MORTGAGE COMPANY P.O. BOX 3119 HOLLAND, MI 49422 |
* | $ 670,007,000 | 1 | $ 199,000 |
WELLS FARGO FIN'L NEVADA 2,INC 800 WALNUT ST, 6TH FLOOR, MAC F4031-061 DES MOINES, IA 50309 |
* | $ 19,111,661,000 | 1 | $ 10,000 |
LAFCU 106 N MARKETPLACE BLVD LANSING, MI 48917 |
* | $ 399,464,000 | 1 | $ 40,000 |
WELLS FARGO BANK, NA 100 N MAIN STREET MAC D4001-063 WINSTON-SALEM, NC 27150 |
* | $ 318,870,000,000 | 1 | $ 37,000 |
PRINCIPAL RESIDENTIAL MORTGAGE ONE COURT SQUARE, 45TH FLOOR LONG ISLAND CITY, NY 11120 |
* | $ 10,000,000 | 1 | $ 186,000 |
WELLS FARGO BANK NEVADA, NA 4406 PIEDRAS DR W, A SEFCIK, T5600-021 SAN ANTONIO, TX 78228 |
* | $ 9,915,389,000 | 1 | $ 4,000 |
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 (home purchase or home improvement, one-to-four family) | 564 | $52,580,000 | $93,000 | $322,000 | $71,000 | $850,000 |
Home Purchase (one-to-four family) | 105 | $9,912,000 | $94,000 | $320,000 | $101,000 | $981,000 |
Home Improvement (one-to-four family) | 15 | $568,000 | $37,000 | $80,000 | $56,000 | $144,000 |
Multifamily dwelling (home purchase, home improvement, and refinancings) | 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 | 554 | $52,797,000 | $95,000 | $322,000 | $89,000 | $981,000 |
Information not provided by applicant in mail or telephone application | 85 | $6,849,000 | $80,000 | $310,000 | $60,000 | $332,000 |
Not applicable | 20 | $1,938,000 | $96,000 | $150,000 | $0 | $0 |
American Indian or Alaskan Native | 13 | $759,000 | $58,000 | $89,000 | $33,000 | $98,000 |
Other | 7 | $407,000 | $58,000 | $92,000 | $171,000 | $708,000 |
Black | 4 | $264,000 | $66,000 | $119,000 | $74,000 | $130,000 |
Asian or Pacific Islander | 1 | $46,000 | $46,000 | $46,000 | $31,000 | $31,000 |
Hispanic | 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) | 663 | $61,295,000 | $92,000 | $322,000 | $80,000 | $981,000 |
FHA-insured (Federal Housing Administration) | 17 | $1,271,000 | $74,000 | $155,000 | $25,000 | $68,000 |
FSA/RHS (Farm Service Agency or Rural Housing Service) | 2 | $201,000 | $100,000 | $166,000 | $38,000 | $55,000 |
VA-guaranteed (Veterans Administration) | 2 | $293,000 | $146,000 | $240,000 | $80,000 | $139,000 |
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 | 338 | $32,762,000 | $96,000 | $322,000 | $95,000 | $981,000 |
Loan Purchased By The Institution | 188 | $17,374,000 | $92,000 | $300,000 | $42,000 | $311,000 |
Application Denied By Financial Institution | 83 | $7,035,000 | $84,000 | $310,000 | $71,000 | $708,000 |
Application Approved But Not Accepted | 32 | $2,932,000 | $91,000 | $300,000 | $85,000 | $457,000 |
Application Withdrawn By Applicant | 30 | $2,038,000 | $67,000 | $265,000 | $82,000 | $540,000 |
File Closed For Incompleteness | 13 | $919,000 | $70,000 | $149,000 | $51,000 | $144,000 |
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 | 16 | $1,086,000 | $67,000 | $310,000 | $78,000 | $332,000 |
Other | 11 | $892,000 | $81,000 | $225,000 | $111,000 | $708,000 |
Collateral | 10 | $1,259,000 | $125,000 | $183,000 | $62,000 | $105,000 |
Credit Application Incomplete | 7 | $757,000 | $108,000 | $223,000 | $67,000 | $120,000 |
Debt-To-Income Ratio | 6 | $526,000 | $87,000 | $223,000 | $48,000 | $117,000 |
Unverifiable Information | 2 | $84,000 | $42,000 | $56,000 | $19,000 | $25,000 |
Insufficient Cash (Downpayment, Closing Cost) | 2 | $55,000 | $27,000 | $35,000 | $14,000 | $14,000 |
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.