Find mortgage statistics and lending data for the Wexford 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 Wexford 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 | 1,225 |
Total Mortgage Loan Application Amount | $120,795,000 |
Average Mortgage Loan Application Amount | $98,000 |
Highest Mortgage Loan Application Amount | $395,000 |
Average Applicant Income | $55,000 |
Highest Applicant Income | $491,000 |
Mortgage Lender | Phone Number | Mortgage Lender Assets | Number of Mortgage Loan Applications | Total Dollar Amount of Mortgage Loan Applications |
---|---|---|---|---|
CHEMICAL BANK 333 E MAIN STREET MIDLAND, MI 48640 |
* | $ 7,312,796,000 | 176 | $ 17,343,000 |
AMERIFIRST FINANCIAL CORPORATION 950 TRADE CENTRE WAY SUITE 400 KALAMAZOO, MI 49009 |
* | $ 10,000,000 | 69 | $ 6,428,000 |
FIFTH THIRD MORTGAGE, MI LLC 5001 KINGSLEY DRIVE MD 1MOB2W CINCINNATI, OH 45227 |
* | $ 48,969,000 | 67 | $ 6,602,000 |
JPMORGAN CHASE BANK, NATIONAL ASSOCIATION 1111 POLARIS PARKWAY COLUMBUS, OH 43240 |
* | $ 2,074,981,000,000 | 61 | $ 5,634,000 |
FIRSTMERIT BANK NA III CASCADE PLAZA - CAS46 AKRON, OH 44308 |
* | $ 24,884,993,000 | 49 | $ 2,555,000 |
J. VIRGIL, INC. G3404 MILLER ROAD FLINT, MI 48507 |
* | $ 500,000 | 49 | $ 5,077,000 |
WELLS FARGO BANK, NATIONAL ASSOCIATION 100 N MAIN STREET MAC D4001-042 WINSTON-SALEM, NC 27150 |
* | $ 1,532,784,000,000 | 48 | $ 5,423,000 |
THE HUNTINGTON NATIONAL BANK 7 EASTON OVAL EA5C242 COLUMBUS, OH 43219 |
* | $ 66,111,039,000 | 47 | $ 3,567,000 |
INDEPENDENT BANK 4200 EAST BELTLINE GRAND RAPIDS, MI 49525 |
* | $ 2,237,914,000 | 45 | $ 6,103,000 |
FIFTH THIRD MORTGAGE COMPANY 5001 KINGSLEY DRIVE MD 1MOB2W CINCINNATI, OH 45227 |
* | $ 136,279,317,000 | 36 | $ 3,468,000 |
MERCANTILE BANK OF MICHIGAN 310 LEONARD ST NW GRAND RAPIDS, MI 49504 |
* | $ 2,873,028,000 | 32 | $ 3,967,000 |
WEST MICHIGAN CREDIT UNION 1319 FRONT AVE NW GRAND RAPIDS, MI 49504 |
* | $ 137,866,000 | 25 | $ 2,093,000 |
MORTGAGE 1 INCORPORATED 43456 MOUND ROAD STERLING HEIGHTS, MI 49314 |
* | $ 9,135,000 | 25 | $ 2,431,000 |
FIFTH THIRD BANK 38 FOUNTAIN SQUARE MD1090K1 CINCINNATI, OH 45263 |
* | $ 136,279,317,000 | 21 | $ 1,347,000 |
NATIONSTAR MORTGAGE LLC 8950 CYPRESS WATERS BLVD. COPPELL, TX 75019 |
* | $ 10,000,000 | 20 | $ 1,906,000 |
MORTGAGE CENTER L.C 29621 NORTHWESTERN HWY SOUTHFIELD, MI 48034 |
* | $ 30,000,000 | 17 | $ 1,402,000 |
21ST MORTGAGE CORPORATION 620 MARKET ST SUITE 100 KNOXVILLE, TN 37902 |
* | $ 10,000,000 | 15 | $ 692,000 |
NEW DAY FINANCIAL, LLC 8160 MAPLE LAWN BLVD. FULTON, MD 20759 |
* | $ 4,088,336,000 | 14 | $ 1,832,000 |
DITECH FINANCIAL LLC 1100 VIRGINIA DRIVE, SUITE 100 FORT WASHINGTON, PA 19034 |
* | $ 6,260,444,000 | 13 | $ 1,172,000 |
LAKE MICHIGAN CREDIT UNION PO BOX 2848 GRAND RAPIDS, MI 49501 |
* | $ 3,540,518,000 | 13 | $ 1,589,000 |
LOANDEPOT.COM, LLC 26642 TOWNE CENTRE DRIVE FOOTHILL RANCH, CA 92610 |
* | $ 138,031,000 | 12 | $ 1,789,000 |
CITIBANK, NATIONAL ASSOCIATION 1 COURT SQUARE,43RD FLOOR LONG ISLAND CITY, NY 11120 |
* | $ 1,356,442,000,000 | 10 | $ 642,000 |
FREEDOM MORTGAGE CORPORATION 10500 KINCAID DRIVE FISHERS, IN 46037 |
* | $ 10,000,000 | 10 | $ 1,172,000 |
AMERICAN SOUTHWEST MORTGAGE CORP. 5900 MOSTELLER DRIVE SUITE 10 OKLAHOMA CITY, OK 73112 |
* | $ 143,000,000 | 10 | $ 1,091,000 |
GREENSTONE FARM CREDIT SERVICES, FLCA 3515 WEST RD EAST LANSING, MI 48823 |
* | $ 10,000,000 | 9 | $ 1,083,000 |
BANK OF AMERICA, NATIONAL ASSOCIATION 31303 AGOURA RD CA6-917-01-20 WESTLAKE VILLAGE, CA 91361 |
* | $ 1,574,093,000,000 | 9 | $ 1,017,000 |
U.S. BANK NATIONAL ASSOCIATION 425 WALNUT STREET CINCINNATI, OH 45202 |
* | $ 398,978,359,000 | 9 | $ 1,070,000 |
NEIGHBORHOOD MORTGAGE SOLUTION PO BOX 209 544 N MAIN ST FRANKENMUTH, MI 48734 |
* | $ 77,551,000 | 9 | $ 1,212,000 |
PNC BANK, NATIONAL ASSOCIATION 249 FIFTH AVE. MS P1-POPP-22-2 PITTSBURGH, PA 15222 |
* | $ 335,060,015,000 | 9 | $ 988,000 |
FRANKLIN AMERICAN MORTGAGE COMPANY 6100 TOWER CIRCLE SUITE 600 FRANKLIN, TN 37067 |
* | $ 10,000,000 | 9 | $ 1,023,000 |
CITIMORTGAGE, INC. 1 COURT SQUARE, 43RD FLOOR LONG ISLAND CITY, NY 11120 |
* | $ 1,019,497,000,000 | 8 | $ 599,000 |
NAVY FEDERAL CREDIT UNION 820 FOLLIN LANE VIENNA, VA 22180 |
* | $ 63,635,411,000 | 8 | $ 739,000 |
USAA FEDERAL SAVINGS BANK 10750 MCDERMOTT FREEWAY SAN ANTONIO, TX 78288 |
* | $ 67,301,894,000 | 7 | $ 899,000 |
MEMBER FIRST MORTGAGE, LLC 616 44TH STREET SE GRAND RAPIDS, MI 49548 |
* | $ 11,800,000 | 7 | $ 644,000 |
AMERICAN FINANCIAL RESOURCES, INC. 9 SYLVAN WAY PARSIPPANY, NJ 07054 |
* | $ 10,000,000 | 6 | $ 619,000 |
FLAGSTAR BANK 5151 CORPORATE DRIVE TROY, MI 48098 |
* | $ 9,779,461,000 | 6 | $ 756,000 |
FIRSTMERIT MORTGAGE CORP 4455 HILLS AND DALES RD. NW - MTG80 CANTON, OH 44708 |
* | $ 6,000,000,000 | 5 | $ 529,000 |
FIRST GUARANTY MORTGAGE CORPORATION 1900 GALLOWS ROAD, SUITE 800 TYSONS CORNER, VA 22182 |
* | $ 10,000,000 | 5 | $ 316,000 |
EMBRACE HOME LOANS, INC. 25 ENTERPRISE CENTER MIDDLETOWN, RI 02842 |
* | $ 10,000,000 | 4 | $ 285,000 |
PACIFIC UNION FINANCIAL, LLC 8900 FREEPORT PKWY, STE 150 IRVING, TX 75063 |
* | $ 40,000,000 | 4 | $ 595,000 |
MORTGAGE RESEARCH CENTER, LLC 1400 VETERANS UNITED DR. COLUMBIA, MO 65203 |
* | $ 880,000,000 | 4 | $ 446,000 |
HURON VALLEY FINANCIAL, INC. 2395 OAK VALLEY DRIVE, SUITE 200 ANN ARBOR, MI 48103 |
* | $ 10,000,000 | 4 | $ 393,000 |
UNITED SHORE FINANCIAL SERVICES, LLC 1414 EAST MAPLE ROAD TROY, MI 48083 |
* | $ 10,000,000 | 4 | $ 393,000 |
AMERISAVE MORTGAGE CORPORATION 3525 PIEDMONT RD NE, 8 PIEDMONT CTR STE ATLANTA, GA 30305 |
* | $ 8,994,122,000 | 4 | $ 447,000 |
TIAA, FSB 501 RIVERSIDE AVENUE JACKSONVILLE, FL 32202 |
* | $ 21,610,491,000 | 4 | $ 220,000 |
MB FINANCIAL BANK, NATIONAL ASSOCIATION 6111 N. RIVER ROAD ROSEMONT, IL 60018 |
* | $ 9,910,776,000 | 4 | $ 539,000 |
HOMEWARD RESIDENTIAL, INC. 16675 ADDISON ROAD ADDISON, TX 75001 |
* | $ 3,809,880,000 | 3 | $ 392,000 |
CHURCHILL MORTGAGE CORPORATION 761 OLD HICKORY BLVD SUITE 400 BRENTWOOD, TN 37027 |
* | $ 10,000,000 | 3 | $ 354,000 |
TOP FLITE FINANCIAL, INC. 123 E GRAND RIVER AVE WILLIAMSTON, MI 48895 |
* | $ 40,394,000 | 3 | $ 407,000 |
CARRINGTON MORTGAGE SERVICES, LLC 1600 SO. DOUGLASS RD, SUITES 110 & 200A ANAHEIM, CA 92806 |
* | $ 945,758,000 | 3 | $ 304,000 |
ISABELLA BANK 139 E. BROADWAY MT. PLEASANT, MI 48858 |
* | $ 1,493,057,000 | 3 | $ 324,000 |
CASE 4316 S PENNSYLVANIA AVE LANSING, MI 48911 |
* | $ 240,883,000 | 3 | $ 540,000 |
MACATAWA BANK PO BOX 3119 HOLLAND, MI 49422 |
* | $ 1,583,735,000 | 3 | $ 156,000 |
EMM LOANS LLC 3 EXECUTIVE CAMPUS, SUITE 520 CHERRY HILL, NJ 08002 |
* | $ 10,000,000 | 3 | $ 439,000 |
CROSSCOUNTRY MORTGAGE, INC. 6850 MILLER RD BRECKSVILLE, OH 44141 |
* | $ 10,000,000 | 2 | $ 238,000 |
ORIGIN BANK 2211 NORTH 7TH WEST MONROE, LA 71291 |
* | $ 3,713,197,000 | 2 | $ 205,000 |
BBMC MORTGAGE, LLC 100 W. 22ND ST LOMBARD, IL 60148 |
* | $ 149,000,000 | 2 | $ 344,000 |
UNITED BANK MORTGAGE CORPORATI 900 EAST PARIS AVE SE GRAND RAPIDS, MI 49546 |
* | $ 264,000,000 | 2 | $ 222,000 |
FIRST COMMUNITY MORTGAGE, INC. 275 ROBERT ROSE DRIVE MURFREESBORO, TN 37129 |
* | $ 10,000,000 | 2 | $ 488,000 |
MMS MORTGAGE SERVICES, LTD. 38275 TWELVE MILE RD., SUITE 100 FARMINGTON HILLS, MI 48331 |
* | $ 5,598,000 | 2 | $ 246,000 |
IFREEDOM DIRECT CORPORATION 124 N. CHARLES LINDBERGH DRIVE SLC, UT 84116 |
* | $ 10,000,000 | 2 | $ 166,000 |
MICHIGAN STATE UNIVERSITY FEDERAL CREDIT UNION 3777 WEST ROAD EAST LANSING, MI 48823 |
* | $ 2,775,046,000 | 2 | $ 168,000 |
GENISYS 2100 EXECUTIVE HILLS BLVD AUBURN HILLS, MI 48326 |
* | $ 1,661,461,000 | 2 | $ 19,000 |
DFCU FINANCIAL 400 TOWN CENTER DRIVE DEARBORN, MI 48126 |
* | $ 3,743,634,000 | 2 | $ 54,000 |
PRIMELENDING, A PLAINSCAPITAL COMPANY 18111 PRESTON ROAD SUITE 900 DALLAS, TX 75252 |
* | $ 8,685,931,000 | 2 | $ 284,000 |
STAUNTON FINANCIAL, INC. 25800 NORTHWESTERN HIGHWAY SUITE 110 SOUTHFIELD, MI 48075 |
* | $ 10,000,000 | 2 | $ 314,000 |
PLAZA HOME MORTGAGE, INC. 4820 EASTGATE MALL, STE 100 SAN DIEGO, CA 92121 |
* | $ 10,000,000 | 2 | $ 185,000 |
UNION HOME MORTGAGE CORP. 8241 DOW CIRCLE STRONGSVILLE, OH 44136 |
* | $ 10,000,000 | 2 | $ 324,000 |
GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION 100 PHOENIX DR, STE 300 ANN ARBOR, MI 48108 |
* | $ 10,000,000 | 2 | $ 309,000 |
VAN DYK MORTGAGE CORPORATION 2449 CAMELOT CT SE GRAND RAPIDS, MI 49546 |
* | $ 10,000,000 | 2 | $ 180,000 |
SUNTRUST BANK P.O. BOX 4418, MAIL CODE 0663 ATLANTA, GA 30302 |
* | $ 185,888,583,000 | 2 | $ 13,000 |
ADMIRALS BANK 15 PARK ROW WEST PROVIDENCE, RI 02903 |
* | $ 451,471,000 | 2 | $ 50,000 |
MIDFIRST BANK 501 NW GRAND BLVD OKLAHOMA CITY, OK 73118 |
* | $ 9,781,238,000 | 1 | $ 94,000 |
AXOS BANK 4350 LA JOLLA VILLAGE DR SUITE 140 LA JOLLA, CA 92122 |
* | $ 5,190,392,000 | 1 | $ 72,000 |
HORIZON BANK, N.A. 515 FRANKLIN ST MICHIGAN CITY, IN 46360 |
* | $ 2,079,078,000 | 1 | $ 67,000 |
LAKEVIEW LOAN SERVICING, LLC 4425 PONCE DE LEON BLVD. CORAL GABLES, FL 33146 |
* | $ 1,825,398,000 | 1 | $ 91,000 |
THE MONEY SOURCE INC. 135 MAXESS ROAD MELVILLE, NY 11747 |
* | $ 10,000,000 | 1 | $ 72,000 |
DIRECT MORTGAGE, CORP. 6955 SOUTH UNION PARK CENTER, #540 MIDVALE, UT 84047 |
* | $ 10,000,000 | 1 | $ 182,000 |
GSF MORTGAGE CORPORATION 15430 W CAPITOL DRIVE BROOKFIELD, WI 53005 |
* | $ 10,000,000 | 1 | $ 58,000 |
TRUIST BANK 3100 SMOKETREE CT FL 5 RALEIGH, NC 27604 |
* | $ 182,489,046,000 | 1 | $ 136,000 |
CAPITAL ONE, NATIONAL ASSOCIATION 7933 PRESTON ROAD PLANO, TX 75024 |
* | $ 255,011,219,000 | 1 | $ 49,000 |
MANUFACTURERS AND TRADERS TRUST COMPANY 701 SENECA STREET - SUITE 330N BUFFALO, NY 14210 |
* | $ 95,920,564,000 | 1 | $ 75,000 |
FIRST NATIONAL BANK OF AMERICA 241 EAST SAGINAW EAST LANSING, MI 48823 |
* | $ 668,685,000 | 1 | $ 23,000 |
GREAT PLAINS NATIONAL BANK 5909 NW EXPRESSWAY OKLAHOMA CITY, OK 73132 |
* | $ 636,758,000 | 1 | $ 147,000 |
PENNYMAC LOAN SERVICES LLC 3043 TOWNSGATE ROAD WESTLAKE VILLAGE, CA 91361 |
* | $ 39,000,000 | 1 | $ 69,000 |
THE HOME SAVINGS AND LOAN COMP 275 W FEDERAL ST YOUNGSTOWN, OH 44503 |
* | $ 1,833,727,000 | 1 | $ 162,000 |
NEXBANK 2515 MCKINNEY AVENUE, SUITE 1100 DALLAS, TX 75201 |
* | $ 1,807,705,000 | 1 | $ 138,000 |
SUMMIT FUNDING, INC. 2241 HARVARD ST, SUITE 200 SACRAMENTO, CA 95815 |
* | $ 1,000,000,000 | 1 | $ 51,000 |
THE DART BANK 368 S. PARK ST. MASON, MI 48854 |
* | $ 290,341,000 | 1 | $ 94,000 |
NORTHERN MORTGAGE SERVICES, LLC 3714 28TH ST SW GRANDVILLE, MI 49418 |
* | $ 3,904,000 | 1 | $ 122,000 |
ADVISORS CAPITAL, INC. 39810 GRAND RIVER AVE., SUITE C-200 NOVI, MI 48375 |
* | $ 3,243,000 | 1 | $ 100,000 |
AMERICAN INTERNET MORTGAGE, INC. 4121 CAMINO DEL RIO SOUTH SAN DIEGO, CA 92108 |
* | $ 10,000,000 | 1 | $ 72,000 |
STONEGATE MORTGAGE CORPORATION 9190 PRIORITY WAY WEST DRIVE INDIANAPOLIS, IN 46240 |
* | $ 10,000,000 | 1 | $ 112,000 |
MID AMERICA MORTGAGE, INC. 15301 SPECTRUM DRIVE, SUITE 405 ADDISON, TX 75001 |
* | $ 11,000,000 | 1 | $ 100,000 |
PACOR MORTGAGE CORP. 14930 CICERO AVE OAK FOREST, IL 60452 |
* | $ 14,292,000 | 1 | $ 95,000 |
CALIBER HOME LOANS, INC. 1525 S. BELTLINE ROAD COPPELL, TX 75019 |
* | $ 1,543,699,000 | 1 | $ 61,000 |
LIBERTY HOME EQUITY SOLUTIONS, INC. 10951 WHITE ROCK ROAD, SUITE 200 RANCHO CORDOVA, CA 95670 |
* | $ 60,629,000 | 1 | $ 40,000 |
VILLAGE CAPITAL & INVESTMENT LLC 2863 ST. ROSE PARKWAY HENDERSON, NV 89052 |
* | $ 11,000,000 | 1 | $ 196,000 |
1ST ALLIANCE LENDING, LLC 111 FOUNDERS PLAZA, SUITE 1300 EAST HARTFORD, CT 06108 |
* | $ 3,285,000 | 1 | $ 51,000 |
NATIONS DIRECT MORTGAGE, LLC 5 HUTTON CENTRE DRIVE, SUITE 200 SANTA ANA, CA 92707 |
* | $ 11,000,000 | 1 | $ 83,000 |
MICHIGAN MUTUAL, INC. 911 MILITARY STREET PORT HURON, MI 48060 |
* | $ 35,000,000,000 | 1 | $ 132,000 |
REVERSE MORTGAGE SOLUTIONS INC 14405 WALTERS RD SUITE 200 HOUSTON, TX 77014 |
* | $ 10,978,000 | 1 | $ 26,000 |
FIRST FEDERAL BANK OF THE MIDWEST 601 CLINTON STREET DEFIANCE, OH 43512 |
* | $ 2,163,319,000 | 1 | $ 63,000 |
COPOCO COMMUNITY CREDIT UNION 4265 E WILDER RD BAY CITY, MI 48706 |
* | $ 101,773,000 | 1 | $ 68,000 |
AMERICAN FINANCING CORPORATION 3045 S PARKER RD BUILDING B AURORA, CO 80014 |
* | $ 42,331,494,000 | 1 | $ 91,000 |
FLAGSHIP FINANCIAL GROUP, LLC. 3130 W. MAPLE LOOP DR. LEHI, UT 84043 |
* | $ 0 | 1 | $ 219,000 |
AFFINITY 73 MOUNTAINVIEW BLVD. BASKING RIDGE, NJ 08720 |
* | $ 2,271,349,000 | 1 | $ 122,000 |
MAINSOURCE BANK 2105 N STATE RD 3 BYPASS GREENSBURG, IN 47240 |
* | $ 3,124,382,000 | 1 | $ 79,000 |
JAMES B. NUTTER & COMPANY 4153 BROADWAY KANSAS CITY, MO 64111 |
* | $ 145,480,000 | 1 | $ 74,000 |
FIRST STATE MORTGAGE SERVICES, LLC 502 N HERSHEY ROAD BLOOMINGTON, IL 61704 |
* | $ 327,995,000 | 1 | $ 69,000 |
VIBE 44575 W 12 MILE NOVI, MI 48377 |
* | $ 419,314,000 | 1 | $ 40,000 |
PREFERRED CREDIT UNION 3767 SPARKS DR SE GRAND RAPIDS, MI 49546 |
* | $ 153,959,000 | 1 | $ 3,000 |
CREDIT UNION ONE 400 E NINE MILE RD FERNDALE, MI 48220 |
* | $ 850,965,000 | 1 | $ 92,000 |
FIDELITY BANK, NATIONAL ASSOCIATION 100 E ENGLISH WICHITA, KS 67202 |
* | $ 1,622,355,000 | 1 | $ 19,000 |
COLONIAL SAVINGS, F.A. P O BOX 2988 FORT WORTH, TX 76113 |
* | $ 1,071,910,000 | 1 | $ 52,000 |
THE STATE BANK 175 N LEROY ST FENTON, MI 48430 |
* | $ 390,917,000 | 1 | $ 60,000 |
FIRST COMMUNITY BANK 200 EAST MAIN STREET HARBOR SPRINGS, MI 49740 |
* | $ 251,326,000 | 1 | $ 70,000 |
1ST SOURCE BANK P O BOX 1602 SUITE 400 SOUTH BEND, IN 46634 |
* | $ 4,815,555,000 | 1 | $ 256,000 |
UNITED SECURITY FINANCIAL CORP 930 EAST 6600 SOUTH MURRAY, UT 84121 |
* | $ 10,000,000 | 1 | $ 74,000 |
OAK MORTGAGE, LLC 113-125 E CHICAGO RD STURGIS, MI 49091 |
* | $ 315,462,000 | 1 | $ 128,000 |
NBKC BANK 8320 WARD PARKWAY KANSAS CITY, MO 64114 |
* | $ 593,777,000 | 1 | $ 101,000 |
HANTZ BANK 26200 AMERICAN DRIVE, 2ND FLOOR SOUTHFIELD, MI 48034 |
* | $ 181,299,000 | 1 | $ 120,000 |
VIBE CREDIT UNION 1375 N OAKLAND BLVD WATERFORD, MI 48327 |
* | $ 280,415,000 | 1 | $ 120,000 |
UNITED FINANCIAL CREDIT UNION 4685 STATE ST. SAGINAW, MI 48603 |
* | $ 179,073,000 | 1 | $ 340,000 |
ELGA CREDIT UNION 2303 S. CENTER ROAD BURTON, MI 48519 |
* | $ 387,171,000 | 1 | $ 75,000 |
FIRST INTERNET BANK OF INDIANA 11201 USA PARKWAY FISHERS, IN 46037 |
* | $ 968,312,000 | 1 | $ 80,000 |
CHOICEONE BANK 109 E. DIVISION ST. SPARTA, MI 49345 |
* | $ 548,447,000 | 1 | $ 23,000 |
EVOLVE BANK & TRUST 301 SHOPPING WAY BLVD WEST MEMPHIS, AR 72301 |
* | $ 377,710,000 | 1 | $ 72,000 |
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 | 613 | $63,027,000 | $102,000 | $351,000 | $51,000 | $491,000 |
Refinancing | 513 | $53,658,000 | $104,000 | $395,000 | $58,000 | $446,000 |
Home Improvement | 99 | $4,110,000 | $41,000 | $227,000 | $61,000 | $219,000 |
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 | 981 | $99,010,000 | $100,000 | $395,000 | $62,000 | $491,000 |
Not applicable | 154 | $13,760,000 | $89,000 | $206,000 | $5,000 | $225,000 |
Not Provided | 69 | $6,295,000 | $91,000 | $266,000 | $67,000 | $230,000 |
Hispanic | 9 | $520,000 | $57,000 | $90,000 | $30,000 | $69,000 |
American Indian or Alaskan Native | 7 | $636,000 | $90,000 | $123,000 | $41,000 | $114,000 |
Asian | 2 | $176,000 | $88,000 | $96,000 | $121,000 | $185,000 |
Black or African American | 2 | $302,000 | $151,000 | $194,000 | $94,000 | $189,000 |
Native Hawaiian or Other Pacific Islander | 1 | $96,000 | $96,000 | $96,000 | $46,000 | $46,000 |
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) | 776 | $75,014,000 | $96,000 | $395,000 | $67,000 | $491,000 |
FHA-insured (Federal Housing Administration) | 183 | $18,853,000 | $103,000 | $254,000 | $35,000 | $205,000 |
FSA/RHS (Farm Service Agency or Rural Housing Service) | 180 | $15,817,000 | $87,000 | $167,000 | $24,000 | $76,000 |
VA-guaranteed (Veterans Administration) | 86 | $11,111,000 | $129,000 | $351,000 | $52,000 | $125,000 |
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 | 638 | $68,238,000 | $106,000 | $395,000 | $65,000 | $491,000 |
Application Denied By Financial Institution | 228 | $18,802,000 | $82,000 | $340,000 | $51,000 | $302,000 |
Loan Purchased By The Institution | 171 | $16,088,000 | $94,000 | $223,000 | $15,000 | $225,000 |
Application Withdrawn By Applicant | 104 | $10,573,000 | $101,000 | $254,000 | $56,000 | $203,000 |
File Closed For Incompleteness | 45 | $3,695,000 | $82,000 | $227,000 | $70,000 | $240,000 |
Application Approved But Not Accepted | 39 | $3,399,000 | $87,000 | $270,000 | $61,000 | $243,000 |
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 | 44 | $4,528,000 | $102,000 | $209,000 | $64,000 | $302,000 |
Credit History | 43 | $2,150,000 | $50,000 | $210,000 | $40,000 | $104,000 |
Debt-To-Income Ratio | 30 | $2,461,000 | $82,000 | $340,000 | $37,000 | $110,000 |
Credit Application Incomplete | 9 | $722,000 | $80,000 | $123,000 | $71,000 | $269,000 |
Other | 7 | $742,000 | $106,000 | $163,000 | $55,000 | $115,000 |
Unverifiable Information | 6 | $466,000 | $77,000 | $166,000 | $38,000 | $68,000 |
Insufficient Cash (Downpayment, Closing Cost) | 2 | $71,000 | $35,000 | $43,000 | $25,000 | $28,000 |
Employment History | 1 | $36,000 | $36,000 | $36,000 | $29,000 | $29,000 |
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.