Find mortgage statistics and lending data for the Alpena 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 Alpena 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 | 763 |
Total Mortgage Loan Application Amount | $100,955,000 |
Average Mortgage Loan Application Amount | $132,000 |
Highest Mortgage Loan Application Amount | $2,235,000 |
Average Applicant Income | $83,000 |
Highest Applicant Income | $902,000 |
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 |
* | $ 1,316,588,000 | 107 | $ 16,635,000 |
THE HUNTINGTON NATIONAL BANK 7 EASTON OVAL EA5C242 COLUMBUS, OH 43219 |
* | $ 108,739,378,000 | 40 | $ 4,240,000 |
AMERIFIRST FINANCIAL CORPORATION 950 TRADE CENTRE WAY SUITE 400 KALAMAZOO, MI 49009 |
* | $ -1,000 | 35 | $ 4,405,000 |
TCF NATIONAL BANK 2508 LOUISE AVE S (PCC-2E-L) SIOUX FALLS, SD 57106 |
* | $ 46,627,366,000 | 34 | $ 3,900,000 |
PNC BANK, NATIONAL ASSOCIATION 249 FIFTH AVE. MS P1-POPP-22-2 PITTSBURGH, PA 15222 |
* | $ 397,703,264,000 | 28 | $ 2,870,000 |
MORTGAGE RESEARCH CENTER, LLC 1400 VETERANS UNITED DR. COLUMBIA, MO 65203 |
* | $ -1,000 | 26 | $ 4,290,000 |
COMMUNITY FINANCIAL CREDIT UNION 500 S HARVEY ST PLYMOUTH, MI 48170 |
* | $ 1,013,236,000 | 25 | $ 2,275,000 |
FREEDOM MORTGAGE CORPORATION 10500 KINCAID DRIVE FISHERS, IN 46037 |
* | $ -1,000 | 18 | $ 1,930,000 |
WELLS FARGO BANK, NATIONAL ASSOCIATION 100 N MAIN STREET MAC D4001-042 WINSTON-SALEM, NC 27150 |
* | $ 1,712,919,000,000 | 17 | $ 1,975,000 |
NEW DAY FINANCIAL, LLC 8160 MAPLE LAWN BLVD. FULTON, MD 20759 |
* | $ -1,000 | 17 | $ 1,915,000 |
PENNYMAC LOAN SERVICES, LLC 3043 TOWNSGATE ROAD WESTLAKE VILLAGE, CA 91361 |
* | $ -1,000 | 13 | $ 1,645,000 |
GREENSTONE FARM CREDIT SERVICES, FLCA 3515 WEST RD EAST LANSING, MI 48823 |
* | $ -1,000 | 12 | $ 2,560,000 |
FLAGSTAR BANK, FSB 5151 CORPORATE DRIVE TROY, MI 48098 |
* | $ 23,234,514,000 | 11 | $ 1,145,000 |
NAVY FEDERAL CREDIT UNION 820 FOLLIN LANE VIENNA, VA 22180 |
* | $ 111,986,078,000 | 11 | $ 1,215,000 |
FIFTH THIRD BANK, NATIONAL ASSOCIATION 38 FOUNTAIN SQUARE MD1090K1 CINCINNATI, OH 45263 |
* | $ 167,845,100,000 | 10 | $ 1,120,000 |
MICHIGAN STATE UNIVERSITY FEDERAL CREDIT UNION 3777 WEST ROAD EAST LANSING, MI 48823 |
* | $ 4,730,630,000 | 10 | $ 2,240,000 |
LAKE MICHIGAN CREDIT UNION PO BOX 2848 GRAND RAPIDS, MI 49501 |
* | $ 6,863,398,000 | 10 | $ 2,670,000 |
AMERISAVE MORTGAGE CORPORATION 3525 PIEDMONT RD NE, 8 PIEDMONT CTR STE ATLANTA, GA 30305 |
* | $ -1,000 | 10 | $ 1,340,000 |
MORTGAGE 1 INCORPORATED 43456 MOUND ROAD STERLING HEIGHTS, MI 49314 |
* | $ -1,000 | 8 | $ 1,070,000 |
CALIBER HOME LOANS, INC. 1525 S. BELTLINE ROAD COPPELL, TX 75019 |
* | $ -1,000 | 7 | $ 755,000 |
NEWREZ LLC 4000 CHEMICAL ROAD SUITE 200 PLYMOUTH MEETING, PA 19462 |
* | $ -1,000 | 7 | $ 925,000 |
INDEPENDENT BANK 4200 EAST BELTLINE GRAND RAPIDS, MI 49525 |
* | $ 3,563,694,000 | 7 | $ 925,000 |
UNITED SHORE FINANCIAL SERVICES, LLC 1414 EAST MAPLE ROAD TROY, MI 48083 |
* | $ -1,000 | 7 | $ 1,015,000 |
JPMORGAN CHASE BANK, NATIONAL ASSOCIATION 1111 POLARIS PARKWAY COLUMBUS, OH 43240 |
* | $ 2,337,646,000,000 | 7 | $ 785,000 |
VILLAGE CAPITAL & INVESTMENT LLC 2863 ST. ROSE PARKWAY HENDERSON, NV 89052 |
* | $ -1,000 | 6 | $ 580,000 |
LOANDEPOT.COM, LLC 26642 TOWNE CENTRE DRIVE FOOTHILL RANCH, CA 92610 |
* | $ -1,000 | 6 | $ 970,000 |
ROYAL UNITED MORTGAGE LLC 7999 KNUE RD. STE 300 INDIANAPOLIS, IN 46250 |
* | $ -1,000 | 5 | $ 345,000 |
CITIZENS BANK, NATIONAL ASSOCIATION ONE CITIZENS PLAZA PROVIDENCE, RI 02903 |
* | $ 165,742,416,000 | 5 | $ 365,000 |
AMERIHOME MORTGAGE COMPANY, LLC 21215 BURBANK BLVD, SUITE 400 WOODLAND HILLS, CA 91367 |
* | $ -1,000 | 5 | $ 585,000 |
USAA FEDERAL SAVINGS BANK 10750 MCDERMOTT FREEWAY SAN ANTONIO, TX 78288 |
* | $ 88,826,789,000 | 5 | $ 695,000 |
GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION 100 PHOENIX DR, STE 300 ANN ARBOR, MI 48108 |
* | $ -1,000 | 5 | $ 485,000 |
DISCOVER BANK 12 READS WAY NEW CASTLE, DE 19720 |
* | $ 112,384,202,000 | 4 | $ 270,000 |
FIRST NATIONAL BANK OF AMERICA 241 EAST SAGINAW EAST LANSING, MI 48823 |
* | $ 2,488,033,000 | 4 | $ 70,000 |
MORTGAGE CENTER L.C 29621 NORTHWESTERN HWY SOUTHFIELD, MI 48034 |
* | $ -1,000 | 4 | $ 390,000 |
NATIONSTAR MORTGAGE LLC 8950 CYPRESS WATERS BLVD. COPPELL, TX 75019 |
* | $ -1,000 | 4 | $ 810,000 |
LHM FINANCIAL CORPORATION 7025 E GREENWAY PARKWAY SUITE 100 SCOTTSDALE, AZ 85254 |
* | $ -1,000 | 4 | $ 510,000 |
CARRINGTON MORTGAGE SERVICES, LLC 1600 SO. DOUGLASS RD, SUITES 110 & 200A ANAHEIM, CA 92806 |
* | $ -1,000 | 4 | $ 380,000 |
AMERICAN FINANCING CORPORATION 3045 S PARKER RD BUILDING B AURORA, CO 80014 |
* | $ -1,000 | 4 | $ 490,000 |
UNION HOME MORTGAGE CORP. 8241 DOW CIRCLE STRONGSVILLE, OH 44136 |
* | $ -1,000 | 3 | $ 385,000 |
CROSSCOUNTRY MORTGAGE, INC. 6850 MILLER RD BRECKSVILLE, OH 44141 |
* | $ -1,000 | 3 | $ 425,000 |
TOWNE MORTGAGE COMPANY 2170 E. BIG BEAVER ROAD, SUITE A TROY, MI 48083 |
* | $ -1,000 | 3 | $ 355,000 |
ACADEMY MORTGAGE CORPORATION 339 WEST 13490 SOUTH DRAPER, UT 84020 |
* | $ -1,000 | 3 | $ 395,000 |
EMM LOANS LLC 3 EXECUTIVE CAMPUS, SUITE 520 CHERRY HILL, NJ 08002 |
* | $ -1,000 | 3 | $ 415,000 |
HOME POINT FINANCIAL CORPORATION 1194 OAK VALLEY DRIVE, SUITE 80 ANN ARBOR, MI 48108 |
* | $ -1,000 | 3 | $ 335,000 |
CHURCHILL MORTGAGE CORPORATION 761 OLD HICKORY BLVD SUITE 400 BRENTWOOD, TN 37027 |
* | $ -1,000 | 3 | $ 365,000 |
THE MONEY SOURCE INC. 135 MAXESS ROAD MELVILLE, NY 11747 |
* | $ -1,000 | 2 | $ 340,000 |
U.S. BANK NATIONAL ASSOCIATION 425 WALNUT STREET CINCINNATI, OH 45202 |
* | $ 486,004,220,000 | 2 | $ 250,000 |
BROKER SOLUTIONS, INC. 14511 MYFORD ROAD, SUITE 100 TUSTIN, CA 92780 |
* | $ -1,000 | 2 | $ 280,000 |
NORTH AMERICAN SAVINGS BANK, F.S.B. 12498 S 71 HIGHWAY GRANDVIEW, MO 64030 |
* | $ 2,503,779,000 | 2 | $ 280,000 |
WATERSTONE MORTGAGE CORPORATION N25 W23255 PAUL ROAD PEWAUKEE, WI 53072 |
* | $ -1,000 | 2 | $ 260,000 |
21ST MORTGAGE CORPORATION 620 MARKET ST SUITE 100 KNOXVILLE, TN 37902 |
* | $ -1,000 | 2 | $ 150,000 |
SOVEREIGN LENDING GROUP INCORPORATED 3540 HOWARD WAY STE # 200 COSTA MESA, CA 92626 |
* | $ -1,000 | 2 | $ 300,000 |
NORTHERN MORTGAGE SERVICES, LLC 3714 28TH ST SW GRANDVILLE, MI 49418 |
* | $ -1,000 | 2 | $ 200,000 |
BARRINGTON BANK & TRUST COMPANY, N.A. 201 S. HOUGH STREET BARRINGTON, IL 60010 |
* | $ 2,445,435,000 | 2 | $ 150,000 |
PENTAGON FEDERAL CREDIT UNION 7940 JONES BRANCH DRIVE TYSONS, VA 22102 |
* | $ 24,774,361,000 | 2 | $ 520,000 |
MICHIGAN MUTUAL, INC. 911 MILITARY STREET PORT HURON, MI 48060 |
* | $ -1,000 | 2 | $ 380,000 |
CREDIT UNION ONE 400 E NINE MILE RD FERNDALE, MI 48220 |
* | $ 1,487,658,000 | 2 | $ 100,000 |
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP 3701 ARCO CORPORATE DR., SUITE 200 CHARLOTTE, NC 28273 |
* | $ -1,000 | 2 | $ 270,000 |
BETTER MORTGAGE CORPORATION 459 BROADWAY, FLOOR 5 NEW YORK, NY 10013 |
* | $ -1,000 | 2 | $ 380,000 |
HONOR CREDIT UNION EDGEWOOD RD BERRIEN SPRINGS, MI 49103 |
* | $ 1,009,578,000 | 2 | $ 610,000 |
GENISYS 2100 EXECUTIVE HILLS BLVD AUBURN HILLS, MI 48326 |
* | $ 2,847,190,000 | 2 | $ 320,000 |
COMERICA BANK 411 W LAFAYETTE BLVD DETROIT, MI 48226 |
* | $ 73,336,000,000 | 2 | $ 180,000 |
LAKEVIEW LOAN SERVICING, LLC 4425 PONCE DE LEON BLVD. CORAL GABLES, FL 33146 |
* | $ -1,000 | 2 | $ 300,000 |
NATIONS DIRECT MORTGAGE, LLC 5 HUTTON CENTRE DRIVE, SUITE 200 SANTA ANA, CA 92707 |
* | $ -1,000 | 1 | $ 115,000 |
FIRST GUARANTY MORTGAGE CORPORATION 1900 GALLOWS ROAD, SUITE 800 TYSONS CORNER, VA 22182 |
* | $ -1,000 | 1 | $ 75,000 |
ZEAL CREDIT UNION 17250 NEWBURGH LIVONIA, MI 48152 |
* | $ 613,902,000 | 1 | $ 85,000 |
AMERICAN ADVISORS GROUP 3800 W.CHAPMAN SUITE 300 ORANGE, CA 92868 |
* | $ -1,000 | 1 | $ 65,000 |
FREESTAR FINANCIAL CREDIT UNION PO BOX 2800 MT CLEMENS, MI 48046 |
* | $ 226,675,000 | 1 | $ 75,000 |
MUTUAL OF OMAHA MORTGAGE, INC 3131 CAMINO DEL RIO N 190 SAN DIEGO, CA 92108 |
* | $ -1,000 | 1 | $ 245,000 |
HFG HOLDINGS, LLC 888 W BIG BEAVER RD, SUITE 800 TROY, MI 48084 |
* | $ -1,000 | 1 | $ 125,000 |
MICHIGAN SCHOOLS AND GOVERNMENT 40400 GARFIELD ROAD CLINTON TOWNSHIP, MI 48038 |
* | $ 2,370,725,000 | 1 | $ 135,000 |
RELIANCE FIRST CAPITAL, LLC 201 OLD COUNTRY ROAD SUITE 205 MELVILLE, NY 11747 |
* | $ -1,000 | 1 | $ 145,000 |
THE UNION BANK COMPANY 105 PROGRESSIVE DRIVE COLUMBUS GROVE, OH 45830 |
* | $ 877,982,000 | 1 | $ 235,000 |
NORTHSTAR BANK 833 S. VAN DYKE RD. BAD AXE, MI 48413 |
* | $ 650,192,000 | 1 | $ 75,000 |
HOMESTEAD SAVINGS BANK 415 S SUPERIOR ST ALBION, MI 49224 |
* | $ 65,786,000 | 1 | $ 135,000 |
UNITED FINANCIAL CREDIT UNION 4685 STATE ST. SAGINAW, MI 48603 |
* | $ 233,338,000 | 1 | $ 85,000 |
DRAPER AND KRAMER MORTGAGE CORP. 1431 OPUS PLACE SUITE 200 DOWNERS GROVE, IL 60515 |
* | $ -1,000 | 1 | $ 315,000 |
GREENSTONE FARM CREDIT SERVICES, ACA 5285 W US-223 ADRIAN, MI 49221 |
* | $ -1,000 | 1 | $ 155,000 |
FRANKENMUTH CREDIT UNION 580 N. MAIN ST., PO BOX 209 FRANKENMUTH, MI 48734 |
* | $ 740,859,000 | 1 | $ 205,000 |
WILDFIRE CREDIT UNION 6640 BAY RD SAGINAW, MI 48604 |
* | $ 844,894,000 | 1 | $ 85,000 |
FIRST INDEPENDENCE BANK 7310 WOODWARD AVE SUITE 101 DETROIT, MI 48202 |
* | $ 295,951,000 | 1 | $ 75,000 |
KELLER MORTGAGE, LLC 4725 LAKEHURST CT SUITE 400 DUBLIN, OH 43016 |
* | $ -1,000 | 1 | $ 155,000 |
MEIJER CREDIT UNION 2410 GAYNOR AVE. NW GRAND RAPIDS, MI 49544 |
* | $ 67,347,000 | 1 | $ 35,000 |
MICHIGAN FIRST CREDIT UNION 27000 EVERGREEN LATHRUP VILLAGE, MI 48076 |
* | $ 980,071,000 | 1 | $ 185,000 |
TRUIST BANK 3100 SMOKETREE CT FL 5 RALEIGH, NC 27604 |
* | $ 461,256,000,000 | 1 | $ 235,000 |
MIDFIRST BANK 501 NW GRAND BLVD OKLAHOMA CITY, OK 73118 |
* | $ 22,986,309,000 | 1 | $ 105,000 |
VIBE CREDIT UNION 1375 N OAKLAND BLVD WATERFORD, MI 48327 |
* | $ 913,849,000 | 1 | $ 45,000 |
ARK-LA-TEX FINANCIAL SERVICES, LLC. 5160 TENNYSON PKWY STE 1000 PLANO, TX 75024 |
* | $ -1,000 | 1 | $ 165,000 |
MMS MORTGAGE SERVICES, LTD. 38275 TWELVE MILE RD., SUITE 100 FARMINGTON HILLS, MI 48331 |
* | $ -1,000 | 1 | $ 95,000 |
FIGURE LENDING LLC 15720 BRIXHAM HILL AVE, SUITE 300 CHARLOTTE, NC 28277 |
* | $ -1,000 | 1 | $ 25,000 |
AMERICAN INTERNET MORTGAGE, INC. 4121 CAMINO DEL RIO SOUTH SAN DIEGO, CA 92108 |
* | $ -1,000 | 1 | $ 85,000 |
TEAM ONE CREDIT UNION 520 HAYDEN SAGINAW, MI 48607 |
* | $ 569,349,000 | 1 | $ 75,000 |
DOW CHEMICAL EMPLOYEES' 600 E. LYON ROAD P.O. BOX 1649 MIDLAND, MI 48641 |
* | $ 1,766,990,000 | 1 | $ 375,000 |
WESBANCO BANK, INC. 1 BANK PLAZA WHEELING, WV 26003 |
* | $ 15,674,361,000 | 1 | $ 215,000 |
CHICAGO MORTGAGE SOLUTIONS LLC 9525 W BRYN MAWR AVE ROSEMONT, IL 60018 |
* | $ -1,000 | 1 | $ 225,000 |
FORTRESS BANK 9000 N. KNOXVILLE AVENUE PEORIA, IL 61615 |
* | $ 473,977,000 | 1 | $ 115,000 |
PRIMELENDING, A PLAINSCAPITAL COMPANY 18111 PRESTON ROAD SUITE 900 DALLAS, TX 75252 |
* | $ -1,000 | 1 | $ 105,000 |
HOME LOAN INVESTMENT BANK, F.S.B. ONE HOME LOAN PLAZA WARWICK, RI 02886 |
* | $ 346,188,000 | 1 | $ 15,000 |
KEYBANK NATIONAL ASSOCIATION 127 PUBLIC SQUARE CLEVELAND, OH 44114 |
* | $ 143,390,269,000 | 1 | $ 75,000 |
STAUNTON FINANCIAL, INC. 25800 NORTHWESTERN HIGHWAY SUITE 110 SOUTHFIELD, MI 48075 |
* | $ -1,000 | 1 | $ 185,000 |
ST JAMES MORTGAGE CORPORATION 42676 WOODWARD AVE BLOOMFIELD HILLS, MI 48304 |
* | $ -1,000 | 1 | $ 65,000 |
BANK OF ENGLAND PO BOX 70 ENGLAND, AR 72046 |
* | $ 464,504,000 | 1 | $ 115,000 |
ALLY BANK 2101, 300 EAST REXFORD RD CHARLOTTE, NC 28211 |
* | $ 167,492,000,000 | 1 | $ 135,000 |
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 4801 S. BILTMORE LANE MADISON, WI 53718 |
* | $ -1,000 | 1 | $ 85,000 |
ISABELLA BANK 139 E. BROADWAY MT. PLEASANT, MI 48858 |
* | $ 1,763,432,000 | 1 | $ 105,000 |
MAGNOLIA BANK 794 OLD ELIZABETHTOWN RD HODGENVILLE, KY 42748 |
* | $ 313,272,000 | 1 | $ 185,000 |
SUCCESS MORTGAGE PARTNERS, INC. 1200 S. SHELDON RD. PLYMOUTH, MI 48170 |
* | $ -1,000 | 1 | $ 85,000 |
CIBC BANK USA 120 SOUTH LASALLE CHICAGO, IL 60603 |
* | $ 33,588,619,000 | 1 | $ 635,000 |
SPRING EQ, LLC 2929 ARCH ST PHILADELPHIA, PA 19104 |
* | $ -1,000 | 1 | $ 25,000 |
J. VIRGIL, INC. G3404 MILLER ROAD FLINT, MI 48507 |
* | $ -1,000 | 1 | $ 85,000 |
THE DART BANK 368 S. PARK ST. MASON, MI 48854 |
* | $ 460,693,000 | 1 | $ 255,000 |
FIRST FEDERAL SAVINGS AND LOAN ASSOCIATION OF LAKEWOOD 14806 DETROIT AVE LAKEWOOD, OH 44107 |
* | $ 1,924,103,000 | 1 | $ 125,000 |
SPECIALIZED LOAN SERVICING LLC 6200 S QUEBEC ST GREENWOOD VILLAGE, CO 80111 |
* | $ -1,000 | 1 | $ 105,000 |
NATIONS LENDING CORPORATION 4 SUMMIT PARK DR STE 200 INDEPENDENCE, OH 44131 |
* | $ -1,000 | 1 | $ 205,000 |
ITHINK FINANCIAL CREDIT UNION 1000 NW 17TH AVENUE DELRAY BEACH, FL 33445 |
* | $ 1,532,195,000 | 1 | $ 75,000 |
RUOFF MORTGAGE COMPANY, INC. 1700 MAGNAVOX WAY SUITE 220 FORT WAYNE, IN 46804 |
* | $ -1,000 | 1 | $ 115,000 |
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 | 302 | $40,990,000 | $135,000 | $1,245,000 | $79,000 | $724,000 |
Refinancing | 290 | $42,260,000 | $145,000 | $2,235,000 | $88,000 | $491,000 |
Cash-out Refinancing | 108 | $13,560,000 | $125,000 | $635,000 | $84,000 | $902,000 |
Other Purpose | 27 | $1,765,000 | $65,000 | $185,000 | $97,000 | $712,000 |
Home Improvement | 24 | $1,500,000 | $62,000 | $225,000 | $55,000 | $137,000 |
Not Applicable | 12 | $880,000 | $73,000 | $165,000 | $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 | 573 | $73,135,000 | $127,000 | $1,245,000 | $82,000 | $902,000 |
Not Provided | 122 | $16,950,000 | $138,000 | $595,000 | $82,000 | $407,000 |
Not applicable | 54 | $9,300,000 | $172,000 | $2,235,000 | $106,000 | $201,000 |
Hispanic | 8 | $960,000 | $120,000 | $195,000 | $129,000 | $285,000 |
Black or African American | 5 | $535,000 | $107,000 | $145,000 | $32,000 | $71,000 |
Asian | 1 | $75,000 | $75,000 | $75,000 | $29,000 | $29,000 |
American Indian or Alaskan Native | 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) | 508 | $70,260,000 | $138,000 | $2,235,000 | $94,000 | $902,000 |
VA-guaranteed (Veterans Administration) | 141 | $19,345,000 | $137,000 | $405,000 | $57,000 | $191,000 |
FHA-insured (Federal Housing Administration) | 71 | $7,385,000 | $104,000 | $255,000 | $45,000 | $95,000 |
FSA/RHS (Farm Service Agency or Rural Housing Service) | 43 | $3,965,000 | $92,000 | $155,000 | $39,000 | $74,000 |
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 | 460 | $63,450,000 | $137,000 | $2,235,000 | $85,000 | $712,000 |
Application Denied By Financial Institution | 96 | $10,730,000 | $111,000 | $345,000 | $58,000 | $187,000 |
Application Withdrawn By Applicant | 84 | $10,930,000 | $130,000 | $505,000 | $94,000 | $582,000 |
Loan Purchased By The Institution | 58 | $7,260,000 | $125,000 | $305,000 | $92,000 | $201,000 |
Application Approved But Not Accepted | 36 | $5,150,000 | $143,000 | $1,005,000 | $117,000 | $902,000 |
File Closed For Incompleteness | 29 | $3,435,000 | $118,000 | $405,000 | $52,000 | $187,000 |
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 |
---|---|---|---|---|---|---|
Not applicable | 663 | $89,905,000 | $135,000 | $2,235,000 | $87,000 | $902,000 |
Debt-To-Income Ratio | 26 | $3,050,000 | $117,000 | $225,000 | $50,000 | $147,000 |
Credit History | 24 | $1,960,000 | $81,000 | $195,000 | $52,000 | $125,000 |
Collateral | 17 | $2,345,000 | $137,000 | $345,000 | $64,000 | $123,000 |
Credit Application Incomplete | 15 | $1,775,000 | $118,000 | $235,000 | $73,000 | $146,000 |
Other | 9 | $795,000 | $88,000 | $185,000 | $44,000 | $81,000 |
Insufficient Cash (Downpayment, Closing Cost) | 4 | $400,000 | $100,000 | $165,000 | $59,000 | $88,000 |
Unverifiable Information | 3 | $535,000 | $178,000 | $255,000 | $118,000 | $187,000 |
Employment History | 2 | $190,000 | $95,000 | $135,000 | $33,000 | $49,000 |
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.