Schoolcraft County MI
Mortgage Loan Application
Totals and Details
for 2016
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 | 240 |
| Total Mortgage Loan Application Amount | $26,635,000 |
| Average Mortgage Loan Application Amount | $110,000 |
| Highest Mortgage Loan Application Amount | $695,000 |
| Average Applicant Income | $90,000 |
| Highest Applicant Income | $2,648,000 |
| Mortgage Lender | Phone Number | Mortgage Lender Assets | Number of Mortgage Loan Applications | Total Dollar Amount of Mortgage Loan Applications |
|---|---|---|---|---|
| MBANK 130 S CEDAR ST MANISTIQUE, MI 49854 |
* | $ 736,116,000 | 93 | $ 8,850,000 |
| WELLS FARGO BANK, NATIONAL ASSOCIATION 100 N MAIN STREET MAC D4001-042 WINSTON-SALEM, NC 27150 |
* | $ 1,610,580,000,000 | 41 | $ 5,347,000 |
| LOANDEPOT.COM, LLC 26642 TOWNE CENTRE DRIVE FOOTHILL RANCH, CA 92610 |
* | $ 138,031,000 | 21 | $ 2,757,000 |
| NAVY FEDERAL CREDIT UNION 820 FOLLIN LANE VIENNA, VA 22180 |
* | $ 73,279,079,000 | 4 | $ 333,000 |
| FREEDOM MORTGAGE CORPORATION 10500 KINCAID DRIVE FISHERS, IN 46037 |
* | $ 10,000,000 | 4 | $ 325,000 |
| FINANCIAL PLUS CREDIT UNION G-3381 VAN SLYKE RD, P.O. BOX 7006 FLINT, MI 48507 |
* | $ 459,037,000 | 3 | $ 402,000 |
| INCREDIBLEBANK 327 N 17TH AVE WAUSAU, WI 54401 |
* | $ 1,064,708,000 | 3 | $ 737,000 |
| NEW DAY FINANCIAL, LLC 8160 MAPLE LAWN BLVD. FULTON, MD 20759 |
* | $ 4,088,336,000 | 3 | $ 219,000 |
| MORTGAGE CENTER L.C 29621 NORTHWESTERN HWY SOUTHFIELD, MI 48034 |
* | $ 30,000,000 | 2 | $ 202,000 |
| 1ST ALLIANCE LENDING, LLC 111 FOUNDERS PLAZA, SUITE 1300 EAST HARTFORD, CT 06108 |
* | $ 3,285,000 | 2 | $ 133,000 |
| CARRINGTON MORTGAGE SERVICES, LLC 1600 SO. DOUGLASS RD, SUITES 110 & 200A ANAHEIM, CA 92806 |
* | $ 945,758,000 | 2 | $ 138,000 |
| BANK OF AMERICA, NATIONAL ASSOCIATION 31303 AGOURA RD CA6-917-01-20 WESTLAKE VILLAGE, CA 91361 |
* | $ 1,639,305,000,000 | 2 | $ 170,000 |
| THE HUNTINGTON NATIONAL BANK 7 EASTON OVAL EA5C242 COLUMBUS, OH 43219 |
* | $ 70,879,778,000 | 2 | $ 224,000 |
| AMERIFIRST FINANCIAL CORPORATION 950 TRADE CENTRE WAY SUITE 400 KALAMAZOO, MI 49009 |
* | $ 10,000,000 | 2 | $ 254,000 |
| UNION HOME MORTGAGE CORP. 8241 DOW CIRCLE STRONGSVILLE, OH 44136 |
* | $ 10,000,000 | 2 | $ 331,000 |
| JPMORGAN CHASE BANK, NATIONAL ASSOCIATION 1111 POLARIS PARKWAY COLUMBUS, OH 43240 |
* | $ 1,914,658,000,000 | 2 | $ 204,000 |
| HOMEWARD RESIDENTIAL, INC. 16675 ADDISON ROAD ADDISON, TX 75001 |
* | $ 3,809,880,000 | 1 | $ 130,000 |
| MORTGAGE RESEARCH CENTER, LLC 1400 VETERANS UNITED DR. COLUMBIA, MO 65203 |
* | $ 880,000,000 | 1 | $ 150,000 |
| PEOPLES BANK 4831 W 6TH ST LAWRENCE, KS 66049 |
* | $ 451,930,000 | 1 | $ 52,000 |
| HANTZ BANK 26200 AMERICAN DRIVE, 2ND FLOOR SOUTHFIELD, MI 48034 |
* | $ 208,061,000 | 1 | $ 123,000 |
| 1ST STATE FINANCIAL, LTD. PO BOX 1468 SAGINAW, MI 48605 |
* | $ 218,349,000 | 1 | $ 50,000 |
| AMERICAN INTERNET MORTGAGE, INC. 4121 CAMINO DEL RIO SOUTH SAN DIEGO, CA 92108 |
* | $ 10,000,000 | 1 | $ 163,000 |
| CROSSCOUNTRY MORTGAGE, INC. 6850 MILLER RD BRECKSVILLE, OH 44141 |
* | $ 10,000,000 | 1 | $ 74,000 |
| BRIDGEVIEW BANK GROUP 7940 S HARLEM BRIDGEVIEW, IL 60455 |
* | $ 1,077,735,000 | 1 | $ 110,000 |
| HIGHPOINT COMMUNITY BANK 150 W COURT ST HASTINGS, MI 49058 |
* | $ 302,273,000 | 1 | $ 217,000 |
| MERCANTILE BANK OF MICHIGAN 310 LEONARD ST NW GRAND RAPIDS, MI 49504 |
* | $ 2,883,076,000 | 1 | $ 176,000 |
| FIRST NATIONAL BANK OF AMERICA 241 EAST SAGINAW EAST LANSING, MI 48823 |
* | $ 822,669,000 | 1 | $ 92,000 |
| FLAGSTAR BANK, FSB 5151 CORPORATE DRIVE TROY, MI 48098 |
* | $ 13,649,486,000 | 1 | $ 207,000 |
| U.S. BANK NATIONAL ASSOCIATION 425 WALNUT STREET CINCINNATI, OH 45202 |
* | $ 417,458,234,000 | 1 | $ 428,000 |
| KOHLER CREDIT UNION 905 S TAYLOR DR SHEBOYGAN, WI 53081 |
* | $ 307,251,000 | 1 | $ 9,000 |
| FIFTH THIRD BANK 38 FOUNTAIN SQUARE MD1090K1 CINCINNATI, OH 45263 |
* | $ 138,620,635,000 | 1 | $ 80,000 |
| LAKE MICHIGAN CREDIT UNION PO BOX 2848 GRAND RAPIDS, MI 49501 |
* | $ 4,089,397,000 | 1 | $ 120,000 |
| MEMBER FIRST MORTGAGE, LLC 616 44TH STREET SE GRAND RAPIDS, MI 49548 |
* | $ 11,800,000 | 1 | $ 101,000 |
| COMMUNITY FINANCIAL CREDIT UNION 500 S HARVEY ST PLYMOUTH, MI 48170 |
* | $ 701,971,000 | 1 | $ 36,000 |
| CHEMICAL BANK 333 E MAIN STREET MIDLAND, MI 48640 |
* | $ 9,166,710,000 | 1 | $ 71,000 |
| NATIONS DIRECT MORTGAGE, LLC 5 HUTTON CENTRE DRIVE, SUITE 200 SANTA ANA, CA 92707 |
* | $ 11,000,000 | 1 | $ 117,000 |
| TOP FLITE FINANCIAL, INC. 123 E GRAND RIVER AVE WILLIAMSTON, MI 48895 |
* | $ 40,394,000 | 1 | $ 151,000 |
| AMERICAN ADVISORS GROUP 3800 W.CHAPMAN SUITE 300 ORANGE, CA 92868 |
* | $ 100,247,000 | 1 | $ 5,000 |
| BBMC MORTGAGE, LLC 100 W. 22ND ST LOMBARD, IL 60148 |
* | $ 149,000,000 | 1 | $ 371,000 |
| IFREEDOM DIRECT CORPORATION 124 N. CHARLES LINDBERGH DRIVE SLC, UT 84116 |
* | $ 10,000,000 | 1 | $ 198,000 |
| INDEPENDENT BANK 4200 EAST BELTLINE GRAND RAPIDS, MI 49525 |
* | $ 2,397,774,000 | 1 | $ 130,000 |
| MOVEMENT MORTGAGE, LLC 8024 CALVIN HALL ROAD INDIAN LAND, SC 29707 |
* | $ 10,000,000 | 1 | $ 59,000 |
| ROYAL UNITED MORTGAGE LLC 7999 KNUE RD. STE 300 INDIANAPOLIS, IN 46250 |
* | $ 1,000,000,000 | 1 | $ 45,000 |
| NEIGHBORHOOD MORTGAGE SOLUTION PO BOX 209 544 N MAIN ST FRANKENMUTH, MI 48734 |
* | $ 77,551,000 | 1 | $ 100,000 |
| PARAMOUNT RESIDENTIAL MORTGAGE GROUP, INC. 1265 CORONA POINTE CT SUITE 301 CORONA, CA 92879 |
* | $ 4,993,000 | 1 | $ 82,000 |
| GUARANTEED RATE, INC. 3940 NORTH RAVENSWOOD AVE CHICAGO, IL 60613 |
* | $ 10,000,000 | 1 | $ 56,000 |
| TOWNE MORTGAGE COMPANY 2170 E. BIG BEAVER ROAD, SUITE A TROY, MI 48083 |
* | $ 35,475,880,000 | 1 | $ 112,000 |
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 Schoolcraft County MI in 2016
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 | 130 | $15,643,000 | $120,000 | $695,000 | $91,000 | $2,648,000 |
| Home Purchase | 94 | $9,524,000 | $101,000 | $360,000 | $90,000 | $407,000 |
| Home Improvement | 16 | $1,468,000 | $91,000 | $207,000 | $74,000 | $210,000 |
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 | 199 | $21,925,000 | $110,000 | $695,000 | $90,000 | $2,648,000 |
| Not Provided | 18 | $2,322,000 | $129,000 | $294,000 | $113,000 | $407,000 |
| American Indian or Alaskan Native | 14 | $1,551,000 | $110,000 | $360,000 | $84,000 | $340,000 |
| Not applicable | 4 | $340,000 | $85,000 | $89,000 | $0 | $0 |
| Native Hawaiin or Other Pacific Islander | 2 | $86,000 | $43,000 | $60,000 | $25,000 | $30,000 |
| Black or African American | 2 | $338,000 | $169,000 | $240,000 | $176,000 | $211,000 |
| Asian | 1 | $73,000 | $73,000 | $73,000 | $36,000 | $36,000 |
| 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) | 178 | $20,493,000 | $115,000 | $695,000 | $106,000 | $2,648,000 |
| FHA-insured (Federal Housing Administration) | 29 | $2,663,000 | $91,000 | $211,000 | $39,000 | $144,000 |
| VA-guaranteed (Veterans Administration) | 23 | $2,793,000 | $121,000 | $371,000 | $48,000 | $137,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) | 10 | $686,000 | $68,000 | $151,000 | $37,000 | $77,000 |
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 | 141 | $16,074,000 | $114,000 | $695,000 | $98,000 | $2,648,000 |
| Application Denied By Financial Institution | 62 | $6,805,000 | $109,000 | $350,000 | $82,000 | $1,200,000 |
| Application Withdrawn By Applicant | 21 | $1,947,000 | $92,000 | $162,000 | $68,000 | $224,000 |
| Application Approved But Not Accepted | 8 | $713,000 | $89,000 | $128,000 | $92,000 | $146,000 |
| Loan Purchased By The Institution | 5 | $422,000 | $84,000 | $89,000 | $57,000 | $285,000 |
| File Closed For Incompleteness | 3 | $674,000 | $224,000 | $371,000 | $62,000 | $110,000 |
| 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 Application Incomplete | 9 | $978,000 | $108,000 | $207,000 | $71,000 | $122,000 |
| Collateral | 8 | $905,000 | $113,000 | $198,000 | $121,000 | $407,000 |
| Debt-To-Income Ratio | 4 | $551,000 | $137,000 | $335,000 | $36,000 | $63,000 |
| Credit History | 2 | $77,000 | $38,000 | $61,000 | $43,000 | $56,000 |
| Insufficient Cash (Downpayment, Closing Cost) | 1 | $136,000 | $136,000 | $136,000 | $144,000 | $144,000 |
| Other | 1 | $57,000 | $57,000 | $57,000 | $24,000 | $24,000 |
| Unverifiable Information | 1 | $119,000 | $119,000 | $119,000 | $55,000 | $55,000 |
| 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.