Alpena County MI
Mortgage Loan Application
Totals and Details
for 2021

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 2003-2021.
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 2021  2020  2019  2018  2017  2016  2015  2014  2013  2012  2011  2010  2009  2008  2007  2006  2005  2004  2003  
Total Number of Mortgage Applications 850
Total Mortgage Loan Application Amount $112,590,000
Average Mortgage Loan Application Amount $132,000
Highest Mortgage Loan Application Amount $1,085,000
Average Applicant Income $77,000
Highest Applicant Income $1,150,000

Mortgage Company List for Lending in Alpena County MI for 2021

* 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
MBANK
130 S CEDAR ST
MANISTIQUE, MI 49854
* $ 1,316,588,000 74 $ 9,570,000
THE HUNTINGTON NATIONAL BANK
7 EASTON OVAL EA5C242
COLUMBUS, OH 43219
* $ 104,052,030,000 50 $ 5,240,000
AMERIFIRST FINANCIAL CORPORATION
950 TRADE CENTRE WAY SUITE 400
KALAMAZOO, MI 49009
* $ -1,000 42 $ 4,400,000
COMMUNITY FINANCIAL CREDIT UNION
500 S HARVEY ST
PLYMOUTH, MI 48170
* $ 1,013,236,000 32 $ 2,720,000
MORTGAGE RESEARCH CENTER, LLC
1400 VETERANS UNITED DR.
COLUMBIA, MO 65203
* $ -1,000 32 $ 5,230,000
PNC BANK, NATIONAL ASSOCIATION
249 FIFTH AVE. MS P1-POPP-22-2
PITTSBURGH, PA 15222
* $ 370,002,264,000 24 $ 2,850,000
NEW DAY FINANCIAL, LLC
8160 MAPLE LAWN BLVD.
FULTON, MD 20759
* $ -1,000 18 $ 3,000,000
UNITED SHORE FINANCIAL SERVICES, LLC
1414 EAST MAPLE ROAD
TROY, MI 48083
* $ -1,000 18 $ 2,810,000
NEWREZ LLC
4000 CHEMICAL ROAD SUITE 200
PLYMOUTH MEETING, PA 19462
* $ -1,000 17 $ 2,215,000
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP
3701 ARCO CORPORATE DR., SUITE 200
CHARLOTTE, NC 28273
* $ -1,000 15 $ 1,805,000
WELLS FARGO BANK, NATIONAL ASSOCIATION
100 N MAIN STREET MAC D4001-042
WINSTON-SALEM, NC 27150
* $ 1,747,398,000,000 14 $ 1,460,000
NATIONSTAR MORTGAGE LLC
8950 CYPRESS WATERS BLVD.
COPPELL, TX 75019
* $ -1,000 13 $ 1,425,000
NICOLET NATIONAL BANK
111 N WASHINGTON ST
GREEN BAY, WI 54301
* $ 3,570,443,000 13 $ 3,065,000
GREENSTONE FARM CREDIT SERVICES, FLCA
3515 WEST RD
EAST LANSING, MI 48823
* $ -1,000 13 $ 2,145,000
FREEDOM MORTGAGE CORPORATION
10500 KINCAID DRIVE
FISHERS, IN 46037
* $ -1,000 12 $ 1,410,000
PENNYMAC LOAN SERVICES, LLC
3043 TOWNSGATE ROAD
WESTLAKE VILLAGE, CA 91361
* $ -1,000 12 $ 1,720,000
TCF NATIONAL BANK
2508 LOUISE AVE S (PCC-2E-L)
SIOUX FALLS, SD 57106
* $ 46,627,366,000 11 $ 2,375,000
AMERISAVE MORTGAGE CORPORATION
3525 PIEDMONT RD NE, 8 PIEDMONT CTR STE
ATLANTA, GA 30305
* $ -1,000 10 $ 1,420,000
LOANDEPOT.COM, LLC
26642 TOWNE CENTRE DRIVE
FOOTHILL RANCH, CA 92610
* $ -1,000 9 $ 1,605,000
FLAGSTAR BANK, FSB
5151 CORPORATE DRIVE
TROY, MI 48098
* $ 16,855,693,000 9 $ 1,005,000
GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION
100 PHOENIX DR, STE 300
ANN ARBOR, MI 48108
* $ -1,000 8 $ 930,000
VILLAGE CAPITAL & INVESTMENT LLC
2863 ST. ROSE PARKWAY
HENDERSON, NV 89052
* $ -1,000 8 $ 910,000
NAVY FEDERAL CREDIT UNION
820 FOLLIN LANE
VIENNA, VA 22180
* $ 90,565,764,000 8 $ 1,310,000
USAA FEDERAL SAVINGS BANK
10750 MCDERMOTT FREEWAY
SAN ANTONIO, TX 78288
* $ 80,522,766,000 8 $ 1,360,000
FIFTH THIRD BANK, NATIONAL ASSOCIATION
38 FOUNTAIN SQUARE MD1090K1
CINCINNATI, OH 45263
* $ 140,077,697,000 8 $ 1,340,000
INDEPENDENT BANK
4200 EAST BELTLINE
GRAND RAPIDS, MI 49525
* $ 3,563,694,000 6 $ 710,000
UNION HOME MORTGAGE CORP.
8241 DOW CIRCLE
STRONGSVILLE, OH 44136
* $ -1,000 6 $ 1,320,000
DISCOVER BANK
12 READS WAY
NEW CASTLE, DE 19720
* $ 98,729,134,000 5 $ 175,000
BROKER SOLUTIONS, INC.
14511 MYFORD ROAD, SUITE 100
TUSTIN, CA 92780
* $ -1,000 5 $ 775,000
MORTGAGE 1 INCORPORATED
43456 MOUND ROAD
STERLING HEIGHTS, MI 49314
* $ -1,000 5 $ 765,000
MERCANTILE BANK OF MICHIGAN
310 LEONARD ST NW
GRAND RAPIDS, MI 49504
* $ 3,614,957,000 5 $ 595,000
AMERICAN FINANCING CORPORATION
3045 S PARKER RD BUILDING B
AURORA, CO 80014
* $ -1,000 5 $ 585,000
BARRINGTON BANK & TRUST COMPANY, N.A.
201 S. HOUGH STREET
BARRINGTON, IL 60010
* $ 2,445,435,000 5 $ 605,000
CITIZENS BANK, NATIONAL ASSOCIATION
ONE CITIZENS PLAZA
PROVIDENCE, RI 02903
* $ 121,995,997,000 5 $ 545,000
CALIBER HOME LOANS, INC.
1525 S. BELTLINE ROAD
COPPELL, TX 75019
* $ -1,000 5 $ 615,000
CARRINGTON MORTGAGE SERVICES, LLC
1600 SO. DOUGLASS RD, SUITES 110 & 200A
ANAHEIM, CA 92806
* $ -1,000 4 $ 380,000
JPMORGAN CHASE BANK, NATIONAL ASSOCIATION
1111 POLARIS PARKWAY
COLUMBUS, OH 43240
* $ 2,140,778,000,000 4 $ 710,000
CHURCHILL MORTGAGE CORPORATION
761 OLD HICKORY BLVD SUITE 400
BRENTWOOD, TN 37027
* $ -1,000 4 $ 630,000
NETWORK CAPITAL FUNDING CORPORATION
5 PARK PLAZA #800
IRVINE, CA 92614
* $ -1,000 4 $ 610,000
AMERIHOME MORTGAGE COMPANY, LLC
21215 BURBANK BLVD, SUITE 400
WOODLAND HILLS, CA 91367
* $ -1,000 4 $ 460,000
ACADEMY MORTGAGE CORPORATION
339 WEST 13490 SOUTH
DRAPER, UT 84020
* $ -1,000 4 $ 340,000
BETTER MORTGAGE CORPORATION
459 BROADWAY, FLOOR 5
NEW YORK, NY 10013
* $ -1,000 4 $ 960,000
MICHIGAN MUTUAL, INC.
911 MILITARY STREET
PORT HURON, MI 48060
* $ -1,000 3 $ 425,000
GENISYS
2100 EXECUTIVE HILLS BLVD
AUBURN HILLS, MI 48326
* $ 2,847,190,000 3 $ 325,000
LAKE MICHIGAN CREDIT UNION
PO BOX 2848
GRAND RAPIDS, MI 49501
* $ 6,863,398,000 3 $ 395,000
RUOFF MORTGAGE COMPANY, INC.
1700 MAGNAVOX WAY SUITE 220
FORT WAYNE, IN 46804
* $ -1,000 3 $ 295,000
FAIRWAY INDEPENDENT MORTGAGE CORPORATION
4801 S. BILTMORE LANE
MADISON, WI 53718
* $ -1,000 3 $ 405,000
STAUNTON FINANCIAL, INC.
25800 NORTHWESTERN HIGHWAY SUITE 110
SOUTHFIELD, MI 48075
* $ -1,000 3 $ 385,000
J. VIRGIL, INC.
G3404 MILLER ROAD
FLINT, MI 48507
* $ -1,000 3 $ 315,000
LAKEVIEW LOAN SERVICING, LLC
4425 PONCE DE LEON BLVD.
CORAL GABLES, FL 33146
* $ -1,000 3 $ 425,000
PHH MORTGAGE CORPORATION
1 MORTGAGE WAY
MT LAUREL, NJ 08054
* $ -1,000 3 $ 275,000
PLAZA HOME MORTGAGE, INC.
4820 EASTGATE MALL, STE 100
SAN DIEGO, CA 92121
* $ -1,000 3 $ 765,000
AMERICAN INTERNET MORTGAGE, INC.
4121 CAMINO DEL RIO SOUTH
SAN DIEGO, CA 92108
* $ -1,000 3 $ 405,000
NORTH SHORE TRUST AND SAVINGS
3060 SAND LAKE ROAD
LINDENHURST, IL 60046
* $ 235,429,000 3 $ 375,000
TOWNE MORTGAGE COMPANY
2170 E. BIG BEAVER ROAD, SUITE A
TROY, MI 48083
* $ -1,000 2 $ 240,000
FINANCE OF AMERICA MORTGAGE LLC
300 WELSH ROAD BUILDING 5
HORSHAM, PA 19044
* $ -1,000 2 $ 250,000
MUTUAL OF OMAHA MORTGAGE, INC
3131 CAMINO DEL RIO N 190
SAN DIEGO, CA 92108
* $ -1,000 2 $ 240,000
U.S. BANK NATIONAL ASSOCIATION
425 WALNUT STREET
CINCINNATI, OH 45202
* $ 456,025,829,000 2 $ 100,000
ADVIA
550 S RIVERVIEW DR
PARCHMENT, MI 49004
* $ 2,084,525,000 2 $ 50,000
VIBE CREDIT UNION
1375 N OAKLAND BLVD
WATERFORD, MI 48327
* $ 913,849,000 2 $ 130,000
NORWICH COMMERCIAL GROUP, INC.
38 SECURITY DRIVE
AVON, CT 06001
* $ -1,000 2 $ 340,000
GUARANTEED RATE, INC.
3940 NORTH RAVENSWOOD AVE
CHICAGO, IL 60613
* $ -1,000 2 $ 170,000
TLC COMMUNITY CREDIT UNION
3030 S ADRIAN HWY
ADRIAN, MI 49221
* $ 525,007,000 2 $ 110,000
HIGHLANDS RESIDENTIAL MORTGAGE, LTD.
12001 NORTH CENTRAL EXPRESSWAY SUITE 750
DALLAS, TX 75243
* $ -1,000 2 $ 220,000
SOUTHWEST FUNDING, LP
13150 COIT ROAD STE 100
DALLAS, TX 75240
* $ -1,000 2 $ 210,000
THE DART BANK
368 S. PARK ST.
MASON, MI 48854
* $ 460,693,000 2 $ 810,000
CROSSCOUNTRY MORTGAGE, INC.
6850 MILLER RD
BRECKSVILLE, OH 44141
* $ -1,000 2 $ 430,000
KIAVI FUNDING, INC
315 MONTGOMERY STREET 16TH FLOOR
SAN FRANCISCO, CA 94104
* $ -1,000 2 $ 280,000
AMERICAN FINANCIAL RESOURCES, INC.
9 SYLVAN WAY
PARSIPPANY, NJ 07054
* $ -1,000 2 $ 260,000
ALLY BANK
2101, 300 EAST REXFORD RD
CHARLOTTE, NC 28211
* $ 167,492,000,000 2 $ 300,000
CONSUMERS
PO BOX 525
OSHTEMO, MI 49077
* $ 1,242,456,000 2 $ 230,000
SUNFLOWER BANK, NATIONAL ASSOCIATION
3025 CORTLAND CIRCLE - PO BOX 800
SALINA, KS 67401
* $ 4,172,729,000 2 $ 230,000
SOFI LENDING CORP.
375 HEALDSBURG AVENUE, SUITE 280
HEALDSBURG, CA 95448
* $ -1,000 2 $ 300,000
FIRST SAVINGS BANK
501 E. LEWIS & CLARK PARKWAY
CLARKSVILLE, IN 47129
* $ 1,289,704,000 2 $ 370,000
AMERICAN ADVISORS GROUP
3800 W.CHAPMAN SUITE 300
ORANGE, CA 92868
* $ -1,000 2 $ 20,000
UNITED
2807 SOUTH STATE ST
SAINT JOSEPH, MI 49085
* $ 2,877,075,000 2 $ 170,000
FIRST NATIONAL BANK OF AMERICA
241 EAST SAGINAW
EAST LANSING, MI 48823
* $ 2,488,033,000 1 $ 115,000
GATEWAY FIRST BANK
244 SOUTH GATEWAY PLACE
JENKS, OK 74037
* $ 1,498,327,000 1 $ 115,000
HFG HOLDINGS, LLC
888 W BIG BEAVER RD, SUITE 800
TROY, MI 48084
* $ -1,000 1 $ 155,000
ZEAL CREDIT UNION
17250 NEWBURGH
LIVONIA, MI 48152
* $ 613,902,000 1 $ 45,000
BEELINE LOANS, INC.
188 VALLEY ST SUITE 225
PROVIDENCE, RI 02909
* $ -1,000 1 $ 255,000
CHICAGO MORTGAGE SOLUTIONS LLC
9525 W BRYN MAWR AVE
ROSEMONT, IL 60018
* $ -1,000 1 $ 365,000
THE MONEY SOURCE INC.
135 MAXESS ROAD
MELVILLE, NY 11747
* $ -1,000 1 $ 135,000
VANDERBILT MORTGAGE AND FINANCE, INC.
500 ALCOA TRAIL
MARYVILLE, TN 37804
* $ -1,000 1 $ 275,000
MAGNOLIA BANK
794 OLD ELIZABETHTOWN RD
HODGENVILLE, KY 42748
* $ 313,272,000 1 $ 135,000
HOMEBRIDGE FINANCIAL SERVICES, INC.
194 WOOD AVE S, 9TH FLOOR
ISELIN, NJ 08830
* $ -1,000 1 $ 175,000
HOMESIDE FINANCIAL, LLC
5950 SYMPHONY WOODS DRIVE
COLUMBIA, MD 21044
* $ -1,000 1 $ 85,000
BANK OF ENGLAND
PO BOX 70
ENGLAND, AR 72046
* $ 464,504,000 1 $ 75,000
ROYAL UNITED MORTGAGE LLC
7999 KNUE RD. STE 300
INDIANAPOLIS, IN 46250
* $ -1,000 1 $ 115,000
T2 FINANCIAL LLC
480 OLDE WORTHINGTON RD SUITE 300
WESTERVILLE, OH 43082
* $ -1,000 1 $ 95,000
MOVEMENT MORTGAGE, LLC
8024 CALVIN HALL ROAD
INDIAN LAND, SC 29707
* $ -1,000 1 $ 185,000
CMG MORTGAGE, INC.
3160 CROW CANYON ROAD, SUITE 400
SAN RAMON, CA 94583
* $ -1,000 1 $ 95,000
LIBERTY HOME MORTGAGE CORPORATION
4401 ROCKSIDE RD 310
INDEPENDENCE, OH 44131
* $ -1,000 1 $ 115,000
MICHIGAN EDUCATIONAL
9200 HAGGERTY RD
PLYMOUTH, MI 48170
* $ -1,000 1 $ 105,000
ALLIANCE CATHOLIC CREDIT UNION
26913 NORTHWESTERN HWY STE 520
SOUTHFIELD, MI 48033
* $ 462,063,000 1 $ 85,000
FIRST GUARANTY MORTGAGE CORPORATION
1900 GALLOWS ROAD, SUITE 800
TYSONS CORNER, VA 22182
* $ -1,000 1 $ 105,000
NORTH AMERICAN SAVINGS BANK, F.S.B.
12498 S 71 HIGHWAY
GRANDVIEW, MO 64030
* $ 2,503,779,000 1 $ 45,000
HOMESTEAD SAVINGS BANK
415 S SUPERIOR ST
ALBION, MI 49224
* $ 65,786,000 1 $ 125,000
21ST MORTGAGE CORPORATION
620 MARKET ST SUITE 100
KNOXVILLE, TN 37902
* $ -1,000 1 $ 125,000
PRIMELENDING, A PLAINSCAPITAL COMPANY
18111 PRESTON ROAD SUITE 900
DALLAS, TX 75252
* $ -1,000 1 $ 195,000
SUN WEST MORTGAGE COMPANY, INC.
18000 STUDEBAKER ROAD, SUITE 200
CERRITOS, CA 90703
* $ -1,000 1 $ 365,000
HEALTH ADVANTAGE FEDERAL CREDIT UNION
4550 STATE ST.
SAGINAW, MI 48603
* $ 141,820,000 1 $ 85,000
PARAMOUNT RESIDENTIAL MORTGAGE GROUP, INC.
1265 CORONA POINTE CT SUITE 301
CORONA, CA 92879
* $ -1,000 1 $ 115,000
MIDFIRST BANK
501 NW GRAND BLVD
OKLAHOMA CITY, OK 73118
* $ 22,986,309,000 1 $ 95,000
ARK-LA-TEX FINANCIAL SERVICES, LLC.
5160 TENNYSON PKWY STE 1000
PLANO, TX 75024
* $ -1,000 1 $ 155,000
PROVIDENT FUNDING ASSOCIATES, L.P.
851 TRAEGER AVENUE, SUITE 100
SAN BRUNO, CA 94066
* $ -1,000 1 $ 105,000
LOW VA RATES, LLC
384 SOUTH 400 WEST, #100
LINDON, UT 84042
* $ -1,000 1 $ 145,000
MICHIGAN STATE UNIVERSITY FEDERAL CREDIT UNION
3777 WEST ROAD
EAST LANSING, MI 48823
* $ 4,730,630,000 1 $ 155,000
EMBRACE HOME LOANS, INC.
25 ENTERPRISE CENTER
MIDDLETOWN, RI 02842
* $ -1,000 1 $ 295,000
FRANKENMUTH CREDIT UNION
580 N. MAIN ST., PO BOX 209
FRANKENMUTH, MI 48734
* $ 740,859,000 1 $ 75,000
VAN DYK MORTGAGE CORPORATION
2449 CAMELOT CT SE
GRAND RAPIDS, MI 49546
* $ -1,000 1 $ 95,000
FIRST UNITED CREDIT UNION
3140 IVANREST AVE SW
GRANDVILLE, MI 49418
* $ -1,000 1 $ 245,000
DOW CHEMICAL EMPLOYEES'
600 E. LYON ROAD P.O. BOX 1649
MIDLAND, MI 48641
* $ 1,766,990,000 1 $ 175,000
BANK OF AMERICA, NATIONAL ASSOCIATION
31303 AGOURA RD CA6-917-01-20
WESTLAKE VILLAGE, CA 91361
* $ 1,751,524,000,000 1 $ 245,000
CONSUMER REAL ESTATE FINANCE CO.
330 SW 2ND ST #111
FORT LAUDERDALE, FL 33312
* $ -1,000 1 $ 105,000
FREESTAR FINANCIAL CREDIT UNION
PO BOX 2800
MT CLEMENS, MI 48046
* $ 226,675,000 1 $ 75,000
FIRST INDEPENDENCE BANK
7310 WOODWARD AVE SUITE 101
DETROIT, MI 48202
* $ 295,951,000 1 $ 75,000
MORTGAGE CENTER L.C
29621 NORTHWESTERN HWY
SOUTHFIELD, MI 48034
* $ -1,000 1 $ 75,000
HOME POINT FINANCIAL CORPORATION
1194 OAK VALLEY DRIVE, SUITE 80
ANN ARBOR, MI 48108
* $ -1,000 1 $ 55,000
AMERICAN MORTGAGE SERVICE COMPANY
11503 SPRINGFIELD PIKE
CINCINNATI, OH 45246
* $ -1,000 1 $ 65,000
MICHIGAN FIRST CREDIT UNION
27000 EVERGREEN
LATHRUP VILLAGE, MI 48076
* $ 980,071,000 1 $ 55,000
TRIAD FINANCIAL SERVICES, INC.
13901 SUTTON PARK DRIVE SOUTH, SUITE 300
JACKSONVILLE, FL 32224
* $ -1,000 1 $ 85,000
MMS MORTGAGE SERVICES, LTD.
38275 TWELVE MILE RD., SUITE 100
FARMINGTON HILLS, MI 48331
* $ -1,000 1 $ 295,000
NORTHERN MORTGAGE SERVICES, LLC
3714 28TH ST SW
GRANDVILLE, MI 49418
* $ -1,000 1 $ 95,000
CREDIT UNION MORTGAGE ASSOCIATION, INC.
10800 MAIN STREET
FAIRFAX, VA 22030
* $ -1,000 1 $ 105,000
ADVISORS CAPITAL, INC.
39810 GRAND RIVER AVE., SUITE C-200
NOVI, MI 48375
* $ -1,000 1 $ 105,000
AMERICAN FINANCIAL NETWORK, INC.
10 POINTE DRIVE, SUITE 330
BREA, CA 92821
* $ -1,000 1 $ 85,000
AMERICAN PORTFOLIO MORTGAGE CORPORATION
800 E NORTHWEST HIGHWAY SUITE 821
PALATINE, IL 60074
* $ -1,000 1 $ 75,000

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 Alpena County MI in 2021

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 388 $55,370,000 $142,000 $605,000 $77,000 $404,000
Refinancing 264 $33,620,000 $127,000 $1,085,000 $80,000 $1,150,000
Cash-out Refinancing 157 $20,905,000 $133,000 $545,000 $71,000 $377,000
Home Improvement 19 $1,275,000 $67,000 $335,000 $99,000 $366,000
Other Purpose 19 $1,235,000 $65,000 $155,000 $67,000 $150,000
Not Applicable 3 $185,000 $61,000 $95,000 $4,000 $4,000

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 686 $91,290,000 $133,000 $605,000 $76,000 $1,150,000
Not Provided 104 $13,510,000 $129,000 $465,000 $79,000 $377,000
Not applicable 37 $5,185,000 $140,000 $1,085,000 $22,000 $28,000
Hispanic 17 $1,965,000 $115,000 $245,000 $95,000 $278,000
American Indian or Alaskan Native 3 $265,000 $88,000 $135,000 $33,000 $36,000
Black or African American 2 $160,000 $80,000 $95,000 $33,000 $33,000
Asian 1 $215,000 $215,000 $215,000 $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) 562 $75,650,000 $134,000 $1,085,000 $86,000 $1,150,000
VA-guaranteed (Veterans Administration) 148 $22,110,000 $149,000 $365,000 $59,000 $151,000
FHA-insured (Federal Housing Administration) 110 $11,750,000 $106,000 $365,000 $44,000 $161,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 30 $3,080,000 $102,000 $225,000 $47,000 $86,000

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 528 $72,380,000 $137,000 $1,085,000 $79,000 $404,000
Application Denied By Financial Institution 115 $13,565,000 $117,000 $365,000 $61,000 $369,000
Application Withdrawn By Applicant 91 $11,845,000 $130,000 $395,000 $83,000 $1,150,000
File Closed For Incompleteness 39 $4,855,000 $124,000 $525,000 $71,000 $190,000
Loan Purchased By The Institution 36 $4,070,000 $113,000 $255,000 $39,000 $92,000
Application Approved But Not Accepted 32 $4,290,000 $134,000 $335,000 $81,000 $238,000
Preapproval Approved but not Accepted 8 $1,480,000 $185,000 $385,000 $80,000 $154,000
Preapproval Denied by Financial Institution 1 $105,000 $105,000 $105,000 $34,000 $34,000

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 733 $98,845,000 $134,000 $1,085,000 $79,000 $1,150,000
Credit History 29 $3,295,000 $113,000 $355,000 $59,000 $224,000
Collateral 27 $2,635,000 $97,000 $215,000 $62,000 $157,000
Debt-To-Income Ratio 20 $2,580,000 $129,000 $335,000 $52,000 $366,000
Credit Application Incomplete 19 $2,545,000 $133,000 $305,000 $74,000 $369,000
Other 7 $1,015,000 $145,000 $365,000 $56,000 $80,000
Unverifiable Information 6 $700,000 $116,000 $145,000 $90,000 $189,000
Employment History 6 $720,000 $120,000 $205,000 $28,000 $50,000
Insufficient Cash (Downpayment, Closing Cost) 3 $255,000 $85,000 $105,000 $49,000 $81,000
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