Wexford County MI
Mortgage Loan Application
Totals and Details
for 2023

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 2003-2023.
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 2023  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 1,189
Total Mortgage Loan Application Amount $171,515,000
Average Mortgage Loan Application Amount $144,000
Highest Mortgage Loan Application Amount $755,000
Average Applicant Income $86,000
Highest Applicant Income $1,155,000

Mortgage Company List for Lending in Wexford County MI for 2023

* 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
HORIZON BANK
515 FRANKLIN ST
MICHIGAN CITY, IN 46360
* $ 7,794,340,000 138 $ 20,330,000
THE HUNTINGTON NATIONAL BANK
7 EASTON OVAL EA5C242
COLUMBUS, OH 43219
* $ 182,325,674,000 136 $ 12,500,000
FIFTH THIRD BANK, NATIONAL ASSOCIATION
38 FOUNTAIN SQUARE MD1090K1
CINCINNATI, OH 45263
* $ 206,289,179,000 62 $ 6,680,000
UNITED WHOLESALE MORTGAGE, LLC
1414 EAST MAPLE ROAD
PLYMOUTH, MI 48083
* $ -1,000 47 $ 9,845,000
TRIAD FINANCIAL SERVICES, INC.
13901 SUTTON PARK DRIVE SOUTH, SUITE 300
JACKSONVILLE, FL 32224
* $ -1,000 39 $ 2,315,000
NEWREZ LLC
4000 CHEMICAL ROAD SUITE 200
WILMINGTON, DE 19462
* $ -1,000 32 $ 5,070,000
CALIBER HOME LOANS, INC.
1525 S. BELTLINE ROAD
WILMINGTON, DE 75019
* $ -1,000 32 $ 6,170,000
GUILD MORTGAGE COMPANY LLC
5898 COPLEY DRIVE
GLENDALE, CA 92111
* $ -1,000 30 $ 4,540,000
MERCANTILE BANK
310 LEONARD ST NW
GRAND RAPIDS, MI 49504
* $ 4,853,001,000 30 $ 4,010,000
LAKE MICHIGAN CREDIT UNION
PO BOX 2848
CALEDONIA, MI 49501
* $ 11,908,096,000 30 $ 5,490,000
INDEPENDENT BANK
4200 EAST BELTLINE
GRAND RAPIDS, MI 49525
* $ 4,995,759,000 25 $ 3,735,000
AMERIHOME MORTGAGE COMPANY, LLC
21215 BURBANK BLVD, SUITE 400
WILMINGTON, DE 91367
* $ -1,000 24 $ 4,540,000
DISCOVER BANK
12 READS WAY
GREENWOOD, DE 19720
* $ 129,461,046,000 23 $ 1,905,000
J. VIRGIL, INC.
G3404 MILLER ROAD
FENTON, MI 48507
* $ -1,000 21 $ 3,655,000
MORTGAGE RESEARCH CENTER, LLC
1400 VETERANS UNITED DR.
SAINT LOUIS, MO 65203
* $ -1,000 21 $ 4,525,000
MORTGAGE 1 INCORPORATED
43456 MOUND ROAD
STERLING HEIGHTS, MI 49314
* $ -1,000 20 $ 3,160,000
21ST MORTGAGE CORPORATION
620 MARKET ST SUITE 100
WILMINGTON, DE 37902
* $ -1,000 15 $ 935,000
WEST MICHIGAN CREDIT UNION
1319 FRONT AVE NW
GRAND RAPIDS, MI 49504
* $ 272,614,000 14 $ 1,090,000
PLANET HOME LENDING, LLC
321 RESEARCH PARKWAY STE 300
WILMINGTON, DE 06540
* $ -1,000 14 $ 3,260,000
PENNYMAC LOAN SERVICES, LLC
3043 TOWNSGATE ROAD
WILMINGTON, DE 91361
* $ -1,000 13 $ 2,365,000
GREENSTONE FARM CREDIT SERVICES, FLCA
3515 WEST RD
EAST LANSING, MI 48823
* $ -1,000 13 $ 2,955,000
CREDIT UNION ONE
400 E NINE MILE RD
FERNDALE, MI 48220
* $ 1,758,444,000 13 $ 955,000
CARRINGTON MORTGAGE SERVICES, LLC
1600 SO. DOUGLASS RD, SUITES 110 & 200A
WILMINGTON, DE 92806
* $ -1,000 11 $ 1,035,000
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP
3701 ARCO CORPORATE DR., SUITE 200
SACRAMENTO, PA 28273
* $ -1,000 11 $ 2,025,000
FLAGSTAR BANK, N.A.
5151 CORPORATE DRIVE
HICKSVILLE, NY 48098
* $ 90,036,656,000 11 $ 2,075,000
MICHIGAN STATE UNIVERSITY FEDERAL CREDIT UNION
3777 WEST ROAD
EAST LANSING, MI 48823
* $ 7,276,719,000 10 $ 1,850,000
AMERISAVE MORTGAGE CORPORATION
3525 PIEDMONT RD NE, 8 PIEDMONT CTR STE
PEACHTREE CORNER, GA 30305
* $ -1,000 10 $ 1,620,000
CITIZENS BANK, NATIONAL ASSOCIATION
ONE CITIZENS PLAZA
PROVIDENCE, RI 02903
* $ 226,401,591,000 10 $ 890,000
PNC BANK, NATIONAL ASSOCIATION
249 FIFTH AVE. MS P1-POPP-22-2
WILMINGTON, DE 15222
* $ 552,307,127,000 9 $ 785,000
FIGURE LENDING LLC
15720 BRIXHAM HILL AVE, SUITE 300
WILMINGTON, DE 28277
* $ -1,000 9 $ 325,000
NICOLET NATIONAL BANK
111 N WASHINGTON ST
GREEN BAY, WI 54301
* $ 8,748,360,000 9 $ 725,000
CROSSCOUNTRY MORTGAGE, LLC
6850 MILLER RD
WILMINGTON, DE 44141
* $ -1,000 8 $ 950,000
NEW AMERICAN FUNDING, LLC
14511 MYFORD ROAD, SUITE 100
DOVER, DE 92780
* $ -1,000 8 $ 1,220,000
NAVY FEDERAL CREDIT UNION
820 FOLLIN LANE
VIENNA, VA 22180
* $ 156,645,099,000 8 $ 1,510,000
NEIGHBORHOOD LOANS, INC.
55 W. 22ND STREET SUITE 130
CHICAGO, IL 60148
* $ -1,000 7 $ 1,345,000
FIRST COMMUNITY MORTGAGE, INC.
275 ROBERT ROSE DRIVE
NASHVILLE, TN 37129
* $ -1,000 7 $ 1,965,000
LOANDEPOT.COM, LLC
26642 TOWNE CENTRE DRIVE
DOVER, DE 92610
* $ -1,000 7 $ 965,000
COASTAL COMMUNITY BANK
PO BOX 12220
EVERETT, WA 98206
* $ 3,141,703,000 7 $ 295,000
VAN DYK MORTGAGE CORPORATION
2449 CAMELOT CT SE
GRAND RAPIDS, MI 49546
* $ -1,000 6 $ 820,000
STAUNTON FINANCIAL, INC.
25800 NORTHWESTERN HIGHWAY SUITE 110
SOUTHFIELD, MI 48075
* $ -1,000 6 $ 1,100,000
NATIONSTAR MORTGAGE LLC
8950 CYPRESS WATERS BLVD.
WILMINGTON, DE 75019
* $ -1,000 6 $ 980,000
NEW DAY FINANCIAL, LLC
8160 MAPLE LAWN BLVD.
DOVER, DE 20759
* $ -1,000 6 $ 1,380,000
UNION HOME MORTGAGE CORP.
8241 DOW CIRCLE
STRONGSVILLE, OH 44136
* $ -1,000 6 $ 1,130,000
ROYAL UNITED MORTGAGE LLC
7999 KNUE RD. STE 300
INDIANAPOLIS, IN 46250
* $ -1,000 5 $ 515,000
MUTUAL OF OMAHA MORTGAGE, INC.
3131 CAMINO DEL RIO N 190
WILMINGTON, DE 92108
* $ -1,000 5 $ 545,000
BANK OF AMERICA, NATIONAL ASSOCIATION
31303 AGOURA RD CA6-917-01-20
CHARLOTTE, NC 91361
* $ 2,418,508,000,000 5 $ 435,000
VILLAGE CAPITAL & INVESTMENT LLC
2863 ST. ROSE PARKWAY
DOVER, DE 89052
* $ -1,000 5 $ 655,000
JPMORGAN CHASE BANK, NATIONAL ASSOCIATION
1111 POLARIS PARKWAY
COLUMBUS, OH 43240
* $ 3,201,942,000,000 5 $ 435,000
COAST ONE MORTGAGE LLC

WILMINGTON, DE 19034
* $ -1,000 5 $ 575,000
FREEDOM MORTGAGE CORPORATION
10500 KINCAID DRIVE
MT LAUREL, NJ 46037
* $ -1,000 4 $ 690,000
WELLS FARGO BANK, NATIONAL ASSOCIATION
100 N MAIN STREET MAC D4001-042
SIOUX FALLS, SD 27150
* $ 1,717,531,000,000 4 $ 570,000
PHH MORTGAGE CORPORATION
1 MORTGAGE WAY
MOUNT LAUREL, NJ 08054
* $ -1,000 4 $ 780,000
LAKEVIEW LOAN SERVICING, LLC
4425 PONCE DE LEON BLVD.
WILMINGTON, DE 33146
* $ -1,000 4 $ 660,000
CHERRY CREEK MORTGAGE, LLC
7600 E ORCHARD ROAD, SUITE 250 -N
WILMINGTON, DE 80111
* $ -1,000 4 $ 600,000
MIDFIRST BANK
501 NW GRAND BLVD
OKLAHOMA CITY, OK 73118
* $ 34,681,050,000 3 $ 355,000
CONSUMERS CREDIT UNION
PO BOX 525
KALAMAZOO, MI 49077
* $ 2,031,988,000 3 $ 365,000
FINANCE OF AMERICA REVERSE LLC
8023 EAST 63RD PLACE, SUITE 700
WILMINGTON, DE 74133
* $ -1,000 3 $ 625,000
LENDINGONE, LLC
901 YAMATO RD #150
DOVER, DE 33431
* $ -1,000 2 $ 360,000
COMERICA BANK
411 W LAFAYETTE BLVD
DALLAS, TX 48226
* $ 85,531,000,000 2 $ 470,000
CHURCHILL MORTGAGE CORPORATION
761 OLD HICKORY BLVD SUITE 400
NASHVILLE, TN 37027
* $ -1,000 2 $ 690,000
GVC MORTGAGE, INC.
ONE PLAZA DRIVE, SUITE 3
PENDLETON, IN 46064
* $ -1,000 2 $ 210,000
DFCU FINANCIAL
400 TOWN CENTER DRIVE
DEARBORN, MI 48126
* $ 6,002,039,000 2 $ 80,000
HOMEBRIDGE FINANCIAL SERVICES, INC.
194 WOOD AVE S, 9TH FLOOR
ISELIN, NJ 08830
* $ -1,000 2 $ 230,000
DAS ACQUISITION COMPANY, LLC
12140 WOODCREST EXECUTIVE DRIVE, STE 150
SAINT LOUIS, MO 63141
* $ -1,000 2 $ 300,000
CONSUMER REAL ESTATE FINANCE CO.
330 SW 2ND ST #111
LOXAHATCHEE, FL 33312
* $ -1,000 2 $ 220,000
GUARANTEED RATE, INC.
3940 NORTH RAVENSWOOD AVE
WILMINGTON, DE 60613
* $ -1,000 2 $ 490,000
SUMMIT MORTGAGE CORPORATION
13355 10TH AVE N, SUITE 100
PLYMOUTH, MN 55441
* $ -1,000 2 $ 310,000
COMMERCE HOME MORTGAGE, INC.
3130 CANYON PLACE
SACRAMENTO, CA 94583
* $ -1,000 2 $ 410,000
FIRST MERCHANTS BANK
200 E. JACKSON ST.
MUNCIE, IN 47305
* $ 17,923,519,000 2 $ 680,000
LENDAGE, LLC
1875 S GRANT ST
SAN MATEO, CA 84402
* $ -1,000 2 $ 60,000
ZEAL CREDIT UNION
17250 NEWBURGH
LIVONIA, MI 48152
* $ 831,209,000 2 $ 150,000
CENTIER BANK
600 E 84TH AVENUE
WHITING, IN 46410
* $ 6,722,761,000 2 $ 150,000
NEWREZ VENTURES LLC
4000 W. BROWN DEER ROAD
SPRINGFIELD, IL 53209
* $ -1,000 2 $ 260,000
TEAM ONE CREDIT UNION
520 HAYDEN
SAGINAW, MI 48607
* $ 750,658,000 2 $ 550,000
COMMUNITY FINANCIAL CREDIT UNION
500 S HARVEY ST
PLYMOUTH, MI 48170
* $ 1,531,732,000 2 $ 360,000
HFG HOLDINGS, LLC
888 W BIG BEAVER RD, SUITE 800
TROY, MI 48084
* $ -1,000 2 $ 300,000
SUCCESS MORTGAGE PARTNERS, INC.
1200 S. SHELDON RD.
PLYMOUTH, MI 48170
* $ -1,000 1 $ 285,000
MICHIGAN FIRST CREDIT UNION
27000 EVERGREEN
LATHRUP VILLAGE, MI 48076
* $ 1,476,814,000 1 $ 45,000
CIVISTA BANK
100 EAST WATER ST
SANDUSKY, OH 44870
* $ 3,533,305,000 1 $ 95,000
NUMARK CREDIT UNION
1654 TERRY DR; P O BOX 2729
JOLIET, IL 60434
* $ 632,992,000 1 $ 45,000
SUN WEST MORTGAGE COMPANY, INC.
18000 STUDEBAKER ROAD, SUITE 200
SACRAMENTO, CA 90703
* $ -1,000 1 $ 155,000
ADVIA FEDERAL CREDIT UNION
550 S RIVERVIEW DR
KALAMAZOO, MI 49004
* $ 2,892,338,000 1 $ 155,000
NORTHERN MORTGAGE SERVICES, LLC
3714 28TH ST SW
GRAND RAPIDS, MI 49418
* $ -1,000 1 $ 285,000
SOFI BANK, NATIONAL ASSOCIATION
2750 E COTTONWOOD PKWY STE 300
COTTONWOOD HEIGHTS, UT 84121
* $ 9,123,708,000 1 $ 185,000
THE FEDERAL SAVINGS BANK
300 N ELIZABETH STREET, STE 3E
CHICAGO, IL 60607
* $ 780,976,000 1 $ 105,000
PRIMELENDING, A PLAINSCAPITAL COMPANY
18111 PRESTON ROAD SUITE 900
DALLAS, TX 75252
* $ -1,000 1 $ 145,000
THUMB BANK AND TRUST
7254 MICHIGAN AVE., P.O. BOX 560
PIGEON, MI 48755
* $ 379,172,000 1 $ 395,000
KIAVI FUNDING, INC.
315 MONTGOMERY STREET 16TH FLOOR
WILMINGTON, DE 94104
* $ -1,000 1 $ 115,000
AMERICAN PACIFIC MORTGAGE CORPORATION
3000 LAVA RIDGE COURT, SUITE 200
SACRAMENTO, CA 95661
* $ -1,000 1 $ 135,000
ELGA CREDIT UNION
2303 S. CENTER ROAD
GRAND BLANC, MI 48519
* $ 1,416,441,000 1 $ 95,000
KELLOGG COMMUNITY CREDIT UNION
41 SECOND ST
BATTLE CREEK, MI 49014
* $ 830,761,000 1 $ 25,000
PRESTON HOME LOANS INC
1537 E HILL RD SUITE 100
GRAND BLANC, MI 48439
* $ -1,000 1 $ 295,000
STOCKTON MORTGAGE CORPORATION
88 C MICHAEL DAVENPORT BLVD.
FRANKFORT, KY 40601
* $ -1,000 1 $ 55,000
SPRING EQ, LLC
2929 ARCH ST
WILMINGTON, DE 19104
* $ -1,000 1 $ 45,000
RELIANCE FIRST CAPITAL, LLC
201 OLD COUNTRY ROAD SUITE 205
WILMINGTON, DE 11747
* $ -1,000 1 $ 155,000
THE DART BANK
368 S. PARK ST.
MASON, MI 48854
* $ 931,934,000 1 $ 565,000
ACADEMY MORTGAGE CORPORATION
339 WEST 13490 SOUTH
SALT LAKE CITY, UT 84020
* $ -1,000 1 $ 295,000
NATIONS LENDING CORPORATION
4 SUMMIT PARK DR STE 200
COLUMBUS, OH 44131
* $ -1,000 1 $ 115,000
CLICK N' CLOSE, INC.
15301 SPECTRUM DRIVE, SUITE 405
ROCKY RIVER, OH 75001
* $ -1,000 1 $ 265,000
MORTGAGE SOLUTIONS OF COLORADO, LLC
MORTGAGE SOLUTIONS OF COLORADO
LITTLETON, CO 80918
* $ -1,000 1 $ 125,000
PROVIDENT FUNDING ASSOCIATES, L.P.
851 TRAEGER AVENUE, SUITE 100
SACRAMENTO, CA 94066
* $ -1,000 1 $ 115,000
MEMBER FIRST MORTGAGE, LLC
616 44TH STREET SE
GRAND RAPIDS, MI 49548
* $ -1,000 1 $ 145,000
STAR USA FEDERAL CREDIT UNION
ONE CANTLEY DRIVE
CHARLESTON, WV 25314
* $ 170,957,000 1 $ 35,000
THE LOAN STORE, INC.
222 KEARNY STREET, SUITE 650
CAMDEN, DE 94108
* $ -1,000 1 $ 245,000
MICHIGAN SCHOOLS AND GOVERNMENT
40400 GARFIELD ROAD
CLINTON TOWNSHIP, MI 48038
* $ 3,328,841,000 1 $ 345,000
ARBOR FINANCIAL CREDIT UNION
1551 SOUTH 9TH STREET
KALAMAZOO, MI 49009
* $ 882,513,000 1 $ 75,000
THE STATE BANK
175 N LEROY ST
FENTON, MI 48430
* $ 1,687,848,000 1 $ 165,000
AMERICAN FINANCING CORPORATION
3045 S PARKER RD BUILDING B
AURORA, CO 80014
* $ -1,000 1 $ 55,000
MEMBERS FIRST CREDIT UNION
PO BOX 2165
MIDLAND, MI 48641
* $ 814,372,000 1 $ 25,000
MORTGAGE CENTER L.C
29621 NORTHWESTERN HWY
PLYMOUTH, MI 48034
* $ -1,000 1 $ 275,000
KEYBANK NATIONAL ASSOCIATION
127 PUBLIC SQUARE
CLEVELAND, OH 44114
* $ 187,590,465,000 1 $ 355,000
PLAZA HOME MORTGAGE, INC.
4820 EASTGATE MALL, STE 100
SACRAMENTO, CA 92121
* $ -1,000 1 $ 285,000
BARRINGTON BANK & TRUST COMPANY, NATIONAL ASSOCIATION
201 S. HOUGH STREET
BARRINGTON, IL 60010
* $ 3,765,608,000 1 $ 125,000
LONGBRIDGE FINANCIAL, LLC
ONE INTERNATIONAL BLVD.
NEWARK, DE 07495
* $ -1,000 1 $ 45,000
ZILLOW HOME LOANS, LLC
10975 EL MONTE ST
WICHITA, KS 66211
* $ -1,000 1 $ 235,000
TLC COMMUNITY CREDIT UNION
3030 S ADRIAN HWY
ADRIAN, MI 49221
* $ 686,921,000 1 $ 205,000
LAKEVIEW COMMUNITY CAPITAL, LLC
4425 PONE DE LEON BLVD, MS 5-251
PHOENIX, AZ 33146
* $ -1,000 1 $ 45,000
VANDERBILT MORTGAGE AND FINANCE, INC.
500 ALCOA TRAIL
KNOXVILLE, TN 37804
* $ -1,000 1 $ 45,000
MICHIGAN MUTUAL, INC.
911 MILITARY STREET
PORT HURON, MI 48060
* $ -1,000 1 $ 265,000
STATE DEPARTMENT FEDERAL CREDIT UNION
1630 KING STREET
ALEXANDRIA, VA 22314
* $ 2,739,271,000 1 $ 115,000
THE MONEY SOURCE INC.
135 MAXESS ROAD
NEW YORK, NY 11747
* $ -1,000 1 $ 75,000
NEXERA HOLDING LLC
2200 POWELL STREET SUITE 340
DOVER, DE 94608
* $ -1,000 1 $ 545,000
LOWER, LLC
5950 SYMPHONY WOODS DRIVE
LUTHERVILLE, MD 21044
* $ -1,000 1 $ 85,000
TRUIST BANK
3100 SMOKETREE CT FL 5
CHARLOTTE, NC 27604
* $ 546,228,000,000 1 $ 65,000
HOMEPROMISE CORPORATION
60 S WASHINGTON ST, STE 106
GLEN ALLEN, VA 17225
* $ -1,000 1 $ 215,000
U.S. BANK NATIONAL ASSOCIATION
425 WALNUT STREET
CINCINNATI, OH 45202
* $ 585,135,605,000 1 $ 175,000
ISABELLA BANK
139 E. BROADWAY
MOUNT PLEASANT, MI 48858
* $ 1,981,367,000 1 $ 425,000
KIND LENDING, LLC
9931 CORPORATE CAMPUS DR, STE 1200
LEXINGTON, KY 40223
* $ -1,000 1 $ 315,000
LAKE TRUST CREDIT UNION
4605 S OLD US HIGHWAY 23
BRIGHTON, MI 48114
* $ 2,583,731,000 1 $ 15,000
TOP FLITE FINANCIAL, INC.
123 E GRAND RIVER AVE
PLYMOUTH, MI 48895
* $ -1,000 1 $ 195,000
HONOR CREDIT UNION
EDGEWOOD RD
BERRIEN SPRINGS, MI 49103
* $ 1,585,971,000 1 $ 225,000
ALLIANT CREDIT UNION
11545 W TOUHY
CHICAGO, IL 60666
* $ 18,739,008,000 1 $ 35,000
WILDFIRE CREDIT UNION
6640 BAY RD
SAGINAW, MI 48604
* $ 1,031,864,000 1 $ 205,000
GREENWOOD CREDIT UNION
2669 POST ROAD
WARWICK, RI 02889
* $ 792,493,000 1 $ 55,000
ARK-LA-TEX FINANCIAL SERVICES, LLC.
5160 TENNYSON PKWY STE 1000
AUSTIN, TX 75024
* $ -1,000 1 $ 295,000

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 Wexford County MI in 2023

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 594 $111,620,000 $187,000 $755,000 $89,000 $1,073,000
Cash-out Refinancing 180 $23,510,000 $130,000 $495,000 $73,000 $440,000
Home Improvement 179 $15,035,000 $83,000 $455,000 $97,000 $475,000
Other Purpose 124 $8,710,000 $70,000 $425,000 $84,000 $1,155,000
Refinancing 106 $12,180,000 $114,000 $645,000 $82,000 $447,000
Not Applicable 6 $460,000 $76,000 $125,000 $21,000 $21,000

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 917 $129,605,000 $141,000 $645,000 $85,000 $1,155,000
Not Provided 125 $18,665,000 $149,000 $755,000 $91,000 $474,000
Not applicable 98 $16,250,000 $165,000 $495,000 $60,000 $97,000
Hispanic 26 $3,690,000 $141,000 $365,000 $103,000 $462,000
American Indian or Alaskan Native 9 $1,535,000 $170,000 $395,000 $97,000 $168,000
Asian 8 $940,000 $117,000 $195,000 $103,000 $201,000
Black or African American 4 $680,000 $170,000 $285,000 $65,000 $126,000
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) 888 $119,850,000 $134,000 $645,000 $92,000 $1,155,000
FHA-insured (Federal Housing Administration) 183 $29,295,000 $160,000 $405,000 $62,000 $203,000
VA-guaranteed (Veterans Administration) 80 $16,990,000 $212,000 $755,000 $77,000 $262,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 38 $5,380,000 $141,000 $285,000 $67,000 $111,000

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 647 $102,485,000 $158,000 $755,000 $97,000 $1,155,000
Application Denied By Financial Institution 221 $21,355,000 $96,000 $455,000 $63,000 $462,000
Application Withdrawn By Applicant 146 $22,280,000 $152,000 $615,000 $81,000 $474,000
Loan Purchased By The Institution 89 $15,055,000 $169,000 $495,000 $58,000 $97,000
Application Approved But Not Accepted 44 $3,760,000 $85,000 $305,000 $71,000 $177,000
File Closed For Incompleteness 40 $6,360,000 $159,000 $455,000 $83,000 $287,000
Preapproval Approved but not Accepted 1 $125,000 $125,000 $125,000 $97,000 $97,000
Preapproval Denied by Financial Institution 1 $95,000 $95,000 $95,000 $26,000 $26,000

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
Not applicable 964 $149,520,000 $155,000 $755,000 $92,000 $1,155,000
Debt-To-Income Ratio 77 $7,625,000 $99,000 $395,000 $53,000 $250,000
Credit History 56 $4,640,000 $82,000 $285,000 $77,000 $462,000
Collateral 41 $3,785,000 $92,000 $235,000 $62,000 $200,000
Credit Application Incomplete 26 $3,100,000 $119,000 $455,000 $66,000 $219,000
Other 11 $985,000 $89,000 $205,000 $74,000 $319,000
Insufficient Cash (Downpayment, Closing Cost) 7 $965,000 $137,000 $195,000 $68,000 $104,000
Employment History 6 $840,000 $140,000 $305,000 $38,000 $70,000
Unverifiable Information 1 $55,000 $55,000 $55,000 $83,000 $83,000
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