Tuscola County MI
Mortgage Loan Application
Totals and Details
for 2010
Find mortgage statistics and lending data for the Tuscola 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 Tuscola 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 | 1,615 |
| Total Mortgage Loan Application Amount | $141,376,000 |
| Average Mortgage Loan Application Amount | $87,000 |
| Highest Mortgage Loan Application Amount | $503,000 |
| Average Applicant Income | $53,000 |
| Highest Applicant Income | $812,000 |
* 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 |
|---|---|---|---|---|
| FRANKENMUTH CREDIT UNION 580 N. MAIN ST., PO BOX 209 FRANKENMUTH, MI 48734 |
* | $ 214,452,000 | 167 | $ 13,258,000 |
| CHEMICAL BANK 333 E MAIN STREET MIDLAND, MI 48640 |
* | $ 4,243,065,000 | 125 | $ 8,962,000 |
| INDEPENDENT MORTGAGE CO 230 W MAIN ST IONIA, MI 48846 |
* | $ 2,963,444,000 | 121 | $ 10,423,000 |
| BANK OF AMERICA, N.A. 4500 PARK GRANADA CALABASAS, CA 91302 |
* | $ 1,465,221,449,000 | 100 | $ 10,617,000 |
| JPMORGAN CHASE BANK, NA 1111 POLARIS PARKWAY COLUMBUS, OH 43240 |
* | $ 1,627,684,000,000 | 98 | $ 9,784,000 |
| TEAM ONE CREDIT UNION 520 HAYDEN SAGINAW, MI 48607 |
* | $ 299,708,000 | 76 | $ 5,316,000 |
| THUMB NATIONAL MORTGAGE LLC 7254 MICHIGAN AVE PIGEON, MI 48755 |
* | $ 181,354,000 | 61 | $ 4,952,000 |
| INDEPENDENT BANK 4200 EAST BELTLINE GRAND RAPIDS, MI 49525 |
* | $ 2,963,444,000 | 58 | $ 3,436,000 |
| FLAGSTAR BANK 5151 CORPORATE DR TROY, MI 48098 |
* | $ 14,483,100,000 | 51 | $ 4,908,000 |
| WELLS FARGO FUNDING, INC 100 N MAIN STREEET MAC D4001-063 WINSTON-SALEM, NC 27150 |
* | $ 25,457,000 | 42 | $ 4,475,000 |
| CITIMORTGAGE, INC 601 LEXINGTON AVENUE, 20TH FLOOR NEW YORK, NY 10022 |
* | $ 1,019,497,000,000 | 41 | $ 3,694,000 |
| WELLS FARGO BANK, NA 100 N MAIN STREET MAC D4001-063 WINSTON-SALEM, NC 27150 |
* | $ 608,778,000,000 | 40 | $ 3,844,000 |
| CITIZENS BANK 328 S SAGINAW ST FLINT, MI 48502 |
* | $ 11,336,105,000 | 38 | $ 3,079,000 |
| FIRST INDEPENDENCE BANK 7310 WOODWARD AVE SUITE 101 DETROIT, MI 48202 |
* | $ 159,260,000 | 38 | $ 3,614,000 |
| PNC BANK N.A. 249 FIFTH AVE. MS P1-POPP-22-2 PITTSBURGH, PA 15222 |
* | $ 260,309,849,000 | 31 | $ 2,048,000 |
| NEIGHBORHOOD MORTGAGE SOLUTION PO BOX 209 544 N MAIN ST FRANKENMUTH, MI 48734 |
* | $ 77,551,000 | 25 | $ 1,899,000 |
| PHH MORTGAGE CORPORATION 1 MORTGAGE WAY MT LAUREL, NJ 08054 |
* | $ 31,000,000 | 23 | $ 2,659,000 |
| GREENSTONE FARM CREDIT SERVICES, FLCA 3515 WEST RD EAST LANSING, MI 48823 |
* | $ 10,000,000 | 23 | $ 3,023,000 |
| ALLY BANK F/K/A/ GMAC BANK 1100 VIRGINIA DRIVE FT. WASHINGTON, PA 19034 |
* | $ 55,302,902,000 | 18 | $ 2,071,000 |
| FIFTH THIRD MORTGAGE, MI LLC 5001 KINGSLEY DRIVE MD 1MOB2W CINCINNATI, OH 45227 |
* | $ 48,969,000 | 17 | $ 1,737,000 |
| US BANK, N.A. 777 EAST WISCONSIN AVE MILWAUKEE, WI 53202 |
* | $ 276,376,130,000 | 15 | $ 1,274,000 |
| TALMER BANK AND TRUST 2301 W. BIG BEAVER RD., SUITE 200 TROY, MI 48084 |
* | $ 91,353,000 | 14 | $ 344,000 |
| FIRST NATIONAL BANK OF AMERICA 241 EAST SAGINAW EAST LANSING, MI 48823 |
* | $ 475,815,000 | 13 | $ 527,000 |
| THUMB NATIONAL BANK AND TRUST COMPANY 7254 MICHIGAN AVE., P.O. BOX 560 PIGEON, MI 48755 |
* | $ 214,898,000 | 13 | $ 1,874,000 |
| WILDFIRE CREDIT UNION 6640 BAY RD SAGINAW, MI 48604 |
* | $ 538,520,000 | 13 | $ 611,000 |
| WOLVERINE BANK FSB 5710 EASTMAN AVE MIDLAND, MI 48640 |
* | $ 304,800,000 | 13 | $ 1,651,000 |
| FIFTH THIRD MORTGAGE COMPANY 5001 KINGSLEY DRIVE MD 1MOB2W CINCINNATI, OH 45227 |
* | $ 112,736,105,000 | 13 | $ 1,320,000 |
| FINANCIAL PLUS CREDIT UNION G-3381 VAN SLYKE RD, P.O. BOX 7006 FLINT, MI 48507 |
* | $ 374,412,000 | 12 | $ 608,000 |
| SIGNATURE BANK 1 E HURON AVE BAD AXE, MI 48413 |
* | $ 272,884,000 | 12 | $ 571,000 |
| LAKE MICHIGAN CREDIT UNION PO BOX 2848 GRAND RAPIDS, MI 49501 |
* | $ 1,833,363,000 | 11 | $ 1,296,000 |
| GMAC MORTGAGE LLC 1100 VIRGINIA DRIVE FT. WASHINGTON, PA 19034 |
* | $ 31,000,000 | 11 | $ 1,129,000 |
| MICHIGAN MUTUAL, INC. 911 MILITARY STREET PORT HURON, MI 48060 |
* | $ 35,000,000,000 | 11 | $ 1,527,000 |
| WANIGAS CREDIT UNION 4026 SHATTUCK RD SAGINAW, MI 48603 |
* | $ 224,331,000 | 9 | $ 665,000 |
| AMERA MORTGAGE CORPORATION 1050 CORPORATE OFFICE DRIVE, STE 250 MILFORD, MI 48381 |
* | $ 1,300,000,000 | 8 | $ 882,000 |
| ARBOR MORTGAGE CORPORATION 2311 EAST BELTLINE AVE SE 200 GRAND RAPIDS, MI 49546 |
* | $ 15,555,000 | 8 | $ 858,000 |
| FIFTH THIRD BANK 5001 KINGSLEY DRIVE MD 1MOB2W CINCINNATI, OH 45227 |
* | $ 112,736,105,000 | 8 | $ 541,000 |
| SECURITY CREDIT UNION 5255 SECURITY PARK BLVD HOLLY, MI 48442 |
* | $ 356,477,000 | 8 | $ 343,000 |
| USAA FEDERAL SAVINGS BANK 10750 MCDERMOTT FREEWAY SAN ANTONIO, TX 78288 |
* | $ 37,922,355,000 | 7 | $ 619,000 |
| JOLT CREDIT UNION 6180 STATE STREET SAGINAW, MI 48603 |
* | $ 260,926,000 | 7 | $ 689,000 |
| CITIFINANCIAL, INC. 300 ST. PAUL PLACE BALTIMORE, MD 21202 |
* | $ 1,494,037,000,000 | 7 | $ 329,000 |
| THE FIRST STATE BANK PO BOX 295 BARBOURSVILLE, WV 25504 |
* | $ 219,708,000 | 7 | $ 667,000 |
| AMERIFIRST FINANCIAL CORPORATI 616 WEST CENTRE AVENUE PORTAGE, MI 49024 |
* | $ 10,000,000 | 7 | $ 786,000 |
| AMERISAVE MORTGAGE CORPORATION 3525 PIEDMONT RD NE, 8 PIEDMONT CTR STE ATLANTA, GA 30305 |
* | $ 8,994,122,000 | 7 | $ 851,000 |
| TRI-POINTE COMMUITY C.U. 2343 E. HILL RD GRAND BLANC, MI 48439 |
* | $ 183,565,000 | 7 | $ 267,000 |
| GUARDIAN MORTGAGE COMPANY, INC 100 N. CENTRAL EXPRESSWAY SUITE 190 RICHARDSON, TX 75083 |
* | $ 10,000,000 | 6 | $ 661,000 |
| THE HUNTINGTON NATIONAL BANK 7575 HUNTINGTON PARK DR COLUMBUS, OH 43235 |
* | $ 51,111,245,000 | 6 | $ 815,000 |
| ADMIRALS BANK FORMER DOMESTIC 815 RESERVOIR AVE CRANSTON, RI 02910 |
* | $ 234,124,000 | 6 | $ 58,000 |
| FIRST PLACE BANK 185 EAST MARKET WARREN, OH 44481 |
* | $ 3,245,297,000 | 5 | $ 855,000 |
| TRI-COUNTY BANK 4222 MAIN STREET BROWN CITY, MI 48416 |
* | $ 189,423,000 | 5 | $ 670,000 |
| TRANEX FINANCIAL INC. 26200 AMERICAN DRIVE SOUTHFIELD, MI 48034 |
* | $ 10,000,000 | 5 | $ 598,000 |
| ALLIED HOME MORTGAGE CORP. 6110 PINEMONT DR., STE. 220 HOUSTON, TX 77092 |
* | $ 10,000,000 | 5 | $ 398,000 |
| MEMBER FIRST MORTGAGE, LLC 616 44TH STREET SE GRAND RAPIDS, MI 49548 |
* | $ 11,800,000 | 5 | $ 500,000 |
| NATIONSTAR MORTGAGE LLC 8950 CYPRESS WATERS BLVD. COPPELL, TX 75019 |
* | $ 10,000,000 | 4 | $ 427,000 |
| SHORE MORTGAGE 770 S. ADAMS ROAD #300 BIRMINGHAM, MI 48009 |
* | $ 10,000,000 | 4 | $ 380,000 |
| LAKESTONE BANK & TRUST 83 W NEPESSING ST LAPEER, MI 48446 |
* | $ 294,085,000 | 4 | $ 212,000 |
| PENTAGON FEDERAL CREDIT UNION 14300 SULLYFIELD CIRCLE CHANTILLY, VA 20151 |
* | $ 13,969,885,000 | 4 | $ 291,000 |
| MIDFIRST BANK 501 NW GRAND BLVD. OKLAHOMA CITY, OK 73118 |
* | $ 12,817,999,000 | 3 | $ 247,000 |
| ING BANK, FSB 1 SOUTH ORANGE STREET WILMINGTON, DE 19801 |
* | $ 90,293,933,000 | 3 | $ 207,000 |
| SIGNATURE MORTGAGE 1 E HURON AVE BAD AXE, MI 48413 |
* | $ 265,423,000 | 3 | $ 176,000 |
| FIRST STATE MORTGAGE SERVICES, LLC 502 N HERSHEY ROAD BLOOMINGTON, IL 61704 |
* | $ 327,995,000 | 3 | $ 269,000 |
| UNITED FINANCIAL CREDIT UNION 4685 STATE ST. SAGINAW, MI 48603 |
* | $ 123,713,000 | 3 | $ 163,000 |
| DORT FINANCIAL CREDIT UNION 9048 HOLLY ROAD GRAND BLANC, MI 48439 |
* | $ 427,009,000 | 3 | $ 314,000 |
| FREEDOM MORTGAGE CORP. 10500 KINCAID DR. STE. 300 FISHERS, IN 46037 |
* | $ 10,000,000 | 3 | $ 514,000 |
| FEDTRUST MORTGAGE 32000 NORTHWESTERN HWY. SUITE 240 FARMINGTON HILLS, MI 48334 |
* | $ 10,000,000 | 3 | $ 315,000 |
| AMERICAN FINANCIAL RESOURCES, INC. 9 SYLVAN WAY PARSIPPANY, NJ 07054 |
* | $ 10,000,000 | 3 | $ 237,000 |
| MOUNTAIN STATES MORTGAGE 1333 E 9400 S SANDY, UT 84093 |
* | $ 10,000,000 | 3 | $ 244,000 |
| IFREEDOM DIRECT CORPORATION 124 N. CHARLES LINDBERGH DRIVE SLC, UT 84116 |
* | $ 10,000,000 | 3 | $ 366,000 |
| MORTGAGE CENTER L.C 29621 NORTHWESTERN HWY SOUTHFIELD, MI 48034 |
* | $ 30,000,000 | 2 | $ 176,000 |
| 21ST MORTGAGE CORPORATION 620 MARKET ST SUITE 100 KNOXVILLE, TN 37902 |
* | $ 10,000,000 | 2 | $ 145,000 |
| FRANKLIN AMERICAN MORTGAGE CO 501 CORPORATE CENTRE DRIVE, SUITE 400 FRANKLIN, TN 37067 |
* | $ 10,000,000 | 2 | $ 347,000 |
| COPOCO COMMUNITY CREDIT UNION 4265 E WILDER RD BAY CITY, MI 48706 |
* | $ 67,973,000 | 2 | $ 130,000 |
| VIBE CREDIT UNION 1375 N OAKLAND BLVD WATERFORD, MI 48327 |
* | $ 157,718,000 | 2 | $ 130,000 |
| COLONIAL SAVINGS, F. A. P. O. BOX 2988 FORT WORTH, TX 76113 |
* | $ 964,882,000 | 2 | $ 153,000 |
| BANK OF ANN ARBOR 1333 W ANN ARBOR ROAD PLYMOUTH, MI 48185 |
* | $ 543,312,000 | 2 | $ 130,000 |
| CITICORP TRUST BANK, FSB 601 LEXINGTON AVENUE, 20TH FLOOR NEW YORK, NY 10022 |
* | $ 17,832,340,000 | 2 | $ 193,000 |
| TCF NATIONAL BANK 2508 LOUISE AVE S (002-01-P) SIOUX FALLS, SD 57106 |
* | $ 17,921,579,000 | 2 | $ 199,000 |
| METLIFE BANK, N.A. 334 MADISON AVENUE CONVENT STATION, NJ 07961 |
* | $ 14,106,965,000 | 2 | $ 60,000 |
| EVERBANK 8100 NATIONS WAY JACKSONVILLE, FL 32256 |
* | $ 8,059,724,000 | 2 | $ 186,000 |
| MERRILL LYNCH CREDIT CORP 4500 PARK GRANADA CA7-910-01-24 CALABASAS, CA 91302 |
* | $ 2,223,299,000 | 2 | $ 212,000 |
| CARNEGIE MORTGAGE 2297 STATE HIGHWAY 33 HAMILTON SQUARE, NJ 08690 |
* | $ 193,976,000 | 2 | $ 266,000 |
| CAPWEST MORTGAGE CORPORATION 14231 METCALF AVE. STE. 200 OVERLAND PARK, KS 66223 |
* | $ 629,176,000 | 2 | $ 329,000 |
| COMERICA BANK 500 WOODWARD AVE - MC 3352 DETROIT, MI 48226 |
* | $ 59,143,523,000 | 1 | $ 86,000 |
| ISABELLA BANK 139 E. BROADWAY MT. PLEASANT, MI 48858 |
* | $ 1,087,522,000 | 1 | $ 150,000 |
| CSB BANK 206 N MAIN ST CAPAC, MI 48014 |
* | $ 218,269,000 | 1 | $ 61,000 |
| HSBC MORTGAGE CORP 2929 WALDEN AVE DEPEW, NY 14043 |
* | $ 92,958,000 | 1 | $ 129,000 |
| FORWARD NATIONAL COMPANY INC 300 EAST MAIN ST MILFORD, MA 01757 |
* | $ 336,774,000 | 1 | $ 10,000 |
| SOUTH CENTRAL BANK, NATIONAL ASSOCIATION 525 W ROOSEVELT RD CHICAGO, IL 60607 |
* | $ 237,957,000 | 1 | $ 7,000 |
| RBS CITIZENS, N.A. ONE CITIZENS PLAZA PROVIDENCE, RI 02903 |
* | $ 116,921,115,000 | 1 | $ 55,000 |
| AMERIPRISE BANK, FSB 707 2ND AVENUE SOUTH MINNEAPOLIS, MN 55474 |
* | $ 2,823,342,000 | 1 | $ 107,000 |
| EVERHOME MORTGAGE COMPANY 8100 NATIONS WAY JACKSONVILLE, FL 32256 |
* | $ 3,027,261,000 | 1 | $ 68,000 |
| FINANCIAL FREEDOM ACQUISITION 1 BANTING IRVINE, CA 92618 |
* | $ 36,000,000,000 | 1 | $ 38,000 |
| 1ST STATE FINANCIAL, LTD. PO BOX 1468 SAGINAW, MI 48605 |
* | $ 153,609,000 | 1 | $ 55,000 |
| LEVEL ONE BANK 32991 HAMILTON COURT FARMINGTON HILLS, MI 48334 |
* | $ 170,420,000 | 1 | $ 126,000 |
| COMMUNITY STATE BANK PO BOX 469 BIRCH RUN, MI 48415 |
* | $ 184,370,000 | 1 | $ 110,000 |
| PARAMOUNT BANK 31000 NORTHWESTERN HWY., #200 FARMINGTON HILLS, MI 48334 |
* | $ 277,998,000 | 1 | $ 126,000 |
| M&I BANK FSB W57N14280 DOERR WAY CEDARBURG, WI 53012 |
* | $ 1,834,445,000 | 1 | $ 128,000 |
| MICHIGAN STATE UNIVERSITY FEDERAL CREDIT UNION 3777 WEST ROAD EAST LANSING, MI 48823 |
* | $ 1,816,252,000 | 1 | $ 33,000 |
| DOW CHEMICAL EMPLOYEES' 600 E. LYON ROAD P.O. BOX 1649 MIDLAND, MI 48641 |
* | $ 1,293,920,000 | 1 | $ 119,000 |
| SAGELINK CREDIT UNION 311 N SAGINAW ST DURAND, MI 48429 |
* | $ 146,668,000 | 1 | $ 47,000 |
| HOMEBRIDGE FINANCIAL SERVICES, INC. 194 WOOD AVE S, 9TH FLOOR ISELIN, NJ 08830 |
* | $ 10,000,000 | 1 | $ 129,000 |
| FIRST GUARANTY MORTGAGE CORPORATION 1900 GALLOWS ROAD, SUITE 800 TYSONS CORNER, VA 22182 |
* | $ 10,000,000 | 1 | $ 66,000 |
| MMS MORTGAGE SERVICES, LTD. 38275 TWELVE MILE RD., SUITE 100 FARMINGTON HILLS, MI 48331 |
* | $ 5,598,000 | 1 | $ 124,000 |
| SUMMIT MORTGAGE CORPORATION 13355 10TH AVE N, #100 PLYMOUTH, MN 55441 |
* | $ 10,000,000 | 1 | $ 78,000 |
| MORTGAGE 1 INCORPORATED 43456 MOUND ROAD STERLING HEIGHTS, MI 49314 |
* | $ 9,135,000 | 1 | $ 60,000 |
| ORIGEN FINANCIAL SERVICES LLC 27777 FRANKLIN ROAD SUITE 1710 SOUTHFIELD, MI 48034 |
* | $ 10,000,000 | 1 | $ 23,000 |
| SUN WEST MORTGAGE COMPANY, INC. 18000 STUDEBAKER ROAD, SUITE 200 CERRITOS, CA 90703 |
* | $ 10,000,000 | 1 | $ 57,000 |
| EMBRACE HOME LOANS, INC. 25 ENTERPRISE CENTER MIDDLETOWN, RI 02842 |
* | $ 10,000,000 | 1 | $ 68,000 |
| HOME LOAN CENTER 163 TECHNOLOGY DRIVE IRVINE, CA 92618 |
* | $ 10,000,000 | 1 | $ 94,000 |
| QR LENDING INC 555 ZOR SHRINE PLACE MADISON, WI 53719 |
* | $ 1,093,327,000 | 1 | $ 122,000 |
| COMMUNITY CHOICE CREDIT UNION 31155 NORTHWESTERN HWY FARMINGTON HILLS, MI 48334 |
* | $ 435,753,000 | 1 | $ 80,000 |
| ELGA CREDIT UNION 2303 S. CENTER ROAD BURTON, MI 48519 |
* | $ 266,807,000 | 1 | $ 25,000 |
| STAUNTON FINANCIAL, INC. 25800 NORTHWESTERN HIGHWAY SUITE 110 SOUTHFIELD, MI 48075 |
* | $ 10,000,000 | 1 | $ 76,000 |
| RANLIFE, INC. 9272 S. 700 E. SANDY, UT 84070 |
* | $ 303,000 | 1 | $ 84,000 |
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 Tuscola 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 | 995 | $98,232,000 | $98,000 | $365,000 | $54,000 | $392,000 |
| Home Purchase | 475 | $38,067,000 | $80,000 | $503,000 | $48,000 | $496,000 |
| Home Improvement | 145 | $5,077,000 | $35,000 | $229,000 | $55,000 | $812,000 |
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 | 1,404 | $122,974,000 | $87,000 | $503,000 | $56,000 | $812,000 |
| Not Provided | 101 | $9,479,000 | $93,000 | $273,000 | $57,000 | $227,000 |
| Not applicable | 80 | $6,881,000 | $86,000 | $273,000 | $0 | $37,000 |
| Hispanic | 18 | $1,180,000 | $65,000 | $176,000 | $37,000 | $68,000 |
| American Indian or Alaskan Native | 6 | $262,000 | $43,000 | $112,000 | $34,000 | $67,000 |
| Black or African American | 6 | $600,000 | $100,000 | $154,000 | $54,000 | $84,000 |
| Asian | 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) | 1,144 | $97,209,000 | $84,000 | $503,000 | $58,000 | $496,000 |
| FHA-insured (Federal Housing Administration) | 342 | $32,785,000 | $95,000 | $277,000 | $37,000 | $165,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) | 113 | $9,664,000 | $85,000 | $216,000 | $47,000 | $812,000 |
| VA-guaranteed (Veterans Administration) | 16 | $1,718,000 | $107,000 | $243,000 | $41,000 | $107,000 |
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 | 754 | $65,377,000 | $86,000 | $503,000 | $61,000 | $812,000 |
| Application Denied By Financial Institution | 356 | $29,514,000 | $82,000 | $365,000 | $51,000 | $392,000 |
| Loan Purchased By The Institution | 256 | $24,886,000 | $97,000 | $273,000 | $32,000 | $249,000 |
| Application Withdrawn By Applicant | 130 | $11,559,000 | $88,000 | $251,000 | $52,000 | $185,000 |
| File Closed For Incompleteness | 62 | $5,467,000 | $88,000 | $250,000 | $49,000 | $185,000 |
| Application Approved But Not Accepted | 57 | $4,573,000 | $80,000 | $273,000 | $49,000 | $137,000 |
| 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 | 81 | $8,544,000 | $105,000 | $277,000 | $64,000 | $222,000 |
| Credit History | 51 | $3,236,000 | $63,000 | $170,000 | $46,000 | $160,000 |
| Debt-To-Income Ratio | 39 | $3,596,000 | $92,000 | $365,000 | $37,000 | $179,000 |
| Credit Application Incomplete | 20 | $2,124,000 | $106,000 | $262,000 | $63,000 | $119,000 |
| Other | 17 | $1,537,000 | $90,000 | $152,000 | $52,000 | $107,000 |
| Insufficient Cash (Downpayment, Closing Cost) | 8 | $418,000 | $52,000 | $124,000 | $50,000 | $92,000 |
| Unverifiable Information | 5 | $381,000 | $76,000 | $111,000 | $42,000 | $82,000 |
| Employment History | 3 | $196,000 | $65,000 | $80,000 | $34,000 | $56,000 |
| 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.