Benzie County MI
Mortgage Loan Application
Totals and Details
for 2015

Find mortgage statistics and lending data for the Benzie 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 Benzie 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 768
Total Mortgage Loan Application Amount $130,317,000
Average Mortgage Loan Application Amount $169,000
Highest Mortgage Loan Application Amount $2,200,000
Average Applicant Income $99,000
Highest Applicant Income $4,145,000

Mortgage Company List for Lending in Benzie County MI for 2015

* 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
CHEMICAL BANK
333 E MAIN STREET
MIDLAND, MI 48640
* $ 7,312,796,000 74 $ 16,142,000
WELLS FARGO BANK, NATIONAL ASSOCIATION
100 N MAIN STREET MAC D4001-042
WINSTON-SALEM, NC 27150
* $ 1,532,784,000,000 43 $ 8,198,000
LAKE MICHIGAN CREDIT UNION
PO BOX 2848
GRAND RAPIDS, MI 49501
* $ 3,540,518,000 37 $ 7,818,000
THE HUNTINGTON NATIONAL BANK
7 EASTON OVAL EA5C242
COLUMBUS, OH 43219
* $ 66,111,039,000 35 $ 4,578,000
FIFTH THIRD MORTGAGE, MI LLC
5001 KINGSLEY DRIVE MD 1MOB2W
CINCINNATI, OH 45227
* $ 48,969,000 34 $ 4,259,000
JPMORGAN CHASE BANK, NATIONAL ASSOCIATION
1111 POLARIS PARKWAY
COLUMBUS, OH 43240
* $ 2,074,981,000,000 31 $ 6,840,000
FIFTH THIRD MORTGAGE COMPANY
5001 KINGSLEY DRIVE MD 1MOB2W
CINCINNATI, OH 45227
* $ 136,279,317,000 27 $ 3,972,000
AMERIFIRST FINANCIAL CORPORATION
950 TRADE CENTRE WAY SUITE 400
KALAMAZOO, MI 49009
* $ 10,000,000 25 $ 3,659,000
LOANDEPOT.COM, LLC
26642 TOWNE CENTRE DRIVE
FOOTHILL RANCH, CA 92610
* $ 138,031,000 20 $ 3,606,000
MEMBER FIRST MORTGAGE, LLC
616 44TH STREET SE
GRAND RAPIDS, MI 49548
* $ 11,800,000 16 $ 2,085,000
NEIGHBORHOOD MORTGAGE SOLUTION
PO BOX 209 544 N MAIN ST
FRANKENMUTH, MI 48734
* $ 77,551,000 15 $ 1,832,000
NEW DAY FINANCIAL, LLC
8160 MAPLE LAWN BLVD.
FULTON, MD 20759
* $ 4,088,336,000 15 $ 3,005,000
NATIONSTAR MORTGAGE LLC
8950 CYPRESS WATERS BLVD.
COPPELL, TX 75019
* $ 10,000,000 14 $ 1,930,000
PNC BANK, NATIONAL ASSOCIATION
249 FIFTH AVE. MS P1-POPP-22-2
PITTSBURGH, PA 15222
* $ 335,060,015,000 13 $ 2,201,000
DITECH FINANCIAL LLC
1100 VIRGINIA DRIVE, SUITE 100
FORT WASHINGTON, PA 19034
* $ 6,260,444,000 12 $ 1,358,000
STAUNTON FINANCIAL, INC.
25800 NORTHWESTERN HIGHWAY SUITE 110
SOUTHFIELD, MI 48075
* $ 10,000,000 12 $ 1,941,000
GSF MORTGAGE CORPORATION
15430 W CAPITOL DRIVE
BROOKFIELD, WI 53005
* $ 10,000,000 10 $ 1,376,000
CITIBANK, NATIONAL ASSOCIATION
1 COURT SQUARE,43RD FLOOR
LONG ISLAND CITY, NY 11120
* $ 1,356,442,000,000 10 $ 2,009,000
BANK OF AMERICA, NATIONAL ASSOCIATION
31303 AGOURA RD CA6-917-01-20
WESTLAKE VILLAGE, CA 91361
* $ 1,574,093,000,000 9 $ 1,580,000
FIFTH THIRD BANK
38 FOUNTAIN SQUARE MD1090K1
CINCINNATI, OH 45263
* $ 136,279,317,000 9 $ 658,000
USAA FEDERAL SAVINGS BANK
10750 MCDERMOTT FREEWAY
SAN ANTONIO, TX 78288
* $ 67,301,894,000 9 $ 1,594,000
AMERICAN SOUTHWEST MORTGAGE CORP.
5900 MOSTELLER DRIVE SUITE 10
OKLAHOMA CITY, OK 73112
* $ 143,000,000 9 $ 1,423,000
STATE FARM BANK, F.S.B.
1 STATE FARM PLAZA E-6
BLOOMINGTON, IL 61710
* $ 16,808,214,000 8 $ 885,000
UNITED SHORE FINANCIAL SERVICES, LLC
1414 EAST MAPLE ROAD
TROY, MI 48083
* $ 10,000,000 8 $ 1,446,000
FLAGSTAR BANK
5151 CORPORATE DRIVE
TROY, MI 48098
* $ 9,779,461,000 7 $ 1,452,000
FRANKLIN AMERICAN MORTGAGE COMPANY
6100 TOWER CIRCLE SUITE 600
FRANKLIN, TN 37067
* $ 10,000,000 7 $ 1,438,000
MORTGAGE CENTER L.C
29621 NORTHWESTERN HWY
SOUTHFIELD, MI 48034
* $ 30,000,000 7 $ 1,026,000
DOW CHEMICAL EMPLOYEES'
600 E. LYON ROAD P.O. BOX 1649
MIDLAND, MI 48641
* $ 1,423,001,000 6 $ 809,000
CITIMORTGAGE, INC.
1 COURT SQUARE, 43RD FLOOR
LONG ISLAND CITY, NY 11120
* $ 1,019,497,000,000 6 $ 611,000
FREEDOM MORTGAGE CORPORATION
10500 KINCAID DRIVE
FISHERS, IN 46037
* $ 10,000,000 6 $ 833,000
GREENSTONE FARM CREDIT SERVICES, FLCA
3515 WEST RD
EAST LANSING, MI 48823
* $ 10,000,000 6 $ 850,000
U.S. BANK NATIONAL ASSOCIATION
425 WALNUT STREET
CINCINNATI, OH 45202
* $ 398,978,359,000 5 $ 1,213,000
PENNYMAC LOAN SERVICES LLC
3043 TOWNSGATE ROAD
WESTLAKE VILLAGE, CA 91361
* $ 39,000,000 4 $ 830,000
MBANK
130 S CEDAR ST
MANISTIQUE, MI 49854
* $ 727,892,000 4 $ 523,000
DISCOVER HOME LOANS, INC
173 TECHNOLOGY DRIVE
IRVINE, CA 92618
* $ 83,125,845,000 4 $ 633,000
MORTGAGE RESEARCH CENTER, LLC
1400 VETERANS UNITED DR.
COLUMBIA, MO 65203
* $ 880,000,000 4 $ 607,000
DIRECT MORTGAGE, CORP.
6955 SOUTH UNION PARK CENTER, #540
MIDVALE, UT 84047
* $ 10,000,000 3 $ 465,000
PHH MORTGAGE CORPORATION
1 MORTGAGE WAY
MT LAUREL, NJ 08054
* $ 31,000,000 3 $ 924,000
DISCOVER BANK
12 READS WAY
NEW CASTLE, DE 19720
* $ 81,661,915,000 3 $ 204,000
NAVY FEDERAL CREDIT UNION
820 FOLLIN LANE
VIENNA, VA 22180
* $ 63,635,411,000 3 $ 372,000
CONSUMERS
PO BOX 525
OSHTEMO, MI 49077
* $ 585,361,000 3 $ 24,000
EMM LOANS LLC
3 EXECUTIVE CAMPUS, SUITE 520
CHERRY HILL, NJ 08002
* $ 10,000,000 3 $ 386,000
BBMC MORTGAGE, LLC
100 W. 22ND ST
LOMBARD, IL 60148
* $ 149,000,000 3 $ 680,000
GENISYS
2100 EXECUTIVE HILLS BLVD
AUBURN HILLS, MI 48326
* $ 1,661,461,000 3 $ 191,000
CREDIT UNION ONE
400 E NINE MILE RD
FERNDALE, MI 48220
* $ 850,965,000 3 $ 193,000
THE STATE BANK
175 N LEROY ST
FENTON, MI 48430
* $ 390,917,000 2 $ 642,000
21ST MORTGAGE CORPORATION
620 MARKET ST SUITE 100
KNOXVILLE, TN 37902
* $ 10,000,000 2 $ 133,000
WINGS FINANCIAL
14985 GLAZIER AVENUE
APPLE VALLEY, MN 55124
* $ 4,056,408,000 2 $ 203,000
COMMUNITY FINANCIAL CREDIT UNION
500 S HARVEY ST
PLYMOUTH, MI 48170
* $ 604,957,000 2 $ 455,000
FIRST COMMUNITY MORTGAGE, INC.
275 ROBERT ROSE DRIVE
MURFREESBORO, TN 37129
* $ 10,000,000 2 $ 388,000
WYNDHAM CAPITAL MORTGAGE, INC.
6115 PARK SOUTH DRIVE, STE 200
CHARLOTTE, NC 28210
* $ 10,000,000 2 $ 455,000
BANK OF ANN ARBOR
1333 W ANN ARBOR ROAD
PLYMOUTH, MI 48185
* $ 1,075,338,000 2 $ 765,000
NORTHERN OHIO INVESTMENT COMPANY
6444 MONROE STREET, SUITE 6
SYLVANIA, OH 43560
* $ 10,000,000 2 $ 471,000
DFCU FINANCIAL
400 TOWN CENTER DRIVE
DEARBORN, MI 48126
* $ 3,743,634,000 2 $ 362,000
FIRST COMMUNITY BANK
200 EAST MAIN STREET
HARBOR SPRINGS, MI 49740
* $ 251,326,000 2 $ 575,000
UNITED
2807 SOUTH STATE ST
SAINT JOSEPH, MI 49085
* $ 1,834,761,000 2 $ 145,000
STIFEL BANK & TRUST
501 N BROADWAY
ST LOUIS, MO 63141
* $ 5,244,310,000 2 $ 184,000
BROKER SOLUTIONS, INC.
14511 MYFORD ROAD, SUITE 100
TUSTIN, CA 92780
* $ 10,000,000 2 $ 280,000
TALMER BANK AND TRUST
2301 W. BIG BEAVER RD., SUITE 200
TROY, MI 48084
* $ 5,045,286,000 2 $ 691,000
SUCCESS MORTGAGE PARTNERS, INC.
1200 S. SHELDON RD.
PLYMOUTH, MI 48170
* $ 1,912,000 2 $ 269,000
MICHIGAN MUTUAL, INC.
911 MILITARY STREET
PORT HURON, MI 48060
* $ 35,000,000,000 2 $ 364,000
MICHIGAN STATE UNIVERSITY FEDERAL CREDIT UNION
3777 WEST ROAD
EAST LANSING, MI 48823
* $ 2,775,046,000 2 $ 24,000
UBS AG, TAMPA BRANCH
3000 BAYPORT
TAMPA, FL 33607
* $ 9,378,000 2 $ 776,000
CAPITAL ONE, NATIONAL ASSOCIATION
7933 PRESTON ROAD
PLANO, TX 75024
* $ 255,011,219,000 2 $ 195,000
ROYAL UNITED MORTGAGE LLC
7999 KNUE RD. STE 300
INDIANAPOLIS, IN 46250
* $ 1,000,000,000 2 $ 166,000
CITIZENS BANK, NATIONAL ASSOCIATION
ONE CITIZENS PLAZA
PROVIDENCE, RI 02903
* $ 102,971,333,000 2 $ 271,000
TRUIST BANK
3100 SMOKETREE CT FL 5
RALEIGH, NC 27604
* $ 182,489,046,000 2 $ 495,000
THE MONEY SOURCE INC.
135 MAXESS ROAD
MELVILLE, NY 11747
* $ 10,000,000 2 $ 343,000
MIDFIRST BANK
501 NW GRAND BLVD
OKLAHOMA CITY, OK 73118
* $ 9,781,238,000 2 $ 77,000
NATIONS DIRECT MORTGAGE, LLC
5 HUTTON CENTRE DRIVE, SUITE 200
SANTA ANA, CA 92707
* $ 11,000,000 2 $ 248,000
CALIBER HOME LOANS, INC.
1525 S. BELTLINE ROAD
COPPELL, TX 75019
* $ 1,543,699,000 2 $ 358,000
FINANCE OF AMERICA REVERSE LLC
8023 EAST 63RD PLACE, SUITE 700
TULSA, OK 74133
* $ 3,125,000 2 $ 264,000
TOWNE MORTGAGE COMPANY
2170 E. BIG BEAVER ROAD, SUITE A
TROY, MI 48083
* $ 35,475,880,000 2 $ 493,000
VAN DYK MORTGAGE CORPORATION
2449 CAMELOT CT SE
GRAND RAPIDS, MI 49546
* $ 10,000,000 1 $ 55,000
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP
3701 ARCO CORPORATE DR., SUITE 200
CHARLOTTE, NC 28273
* $ 10,000,000 1 $ 236,000
AMERISAVE MORTGAGE CORPORATION
3525 PIEDMONT RD NE, 8 PIEDMONT CTR STE
ATLANTA, GA 30305
* $ 8,994,122,000 1 $ 96,000
PLANET HOME LENDING, LLC
321 RESEARCH PARKWAY STE 300
MERIDEN, CT 06540
* $ 50,442,000 1 $ 103,000
PACOR MORTGAGE CORP.
14930 CICERO AVE
OAK FOREST, IL 60452
* $ 14,292,000 1 $ 174,000
CHICAGO FINANCIAL SERVICES, INC.
1455 W HUBBARD ST STE 200
CHICAGO, IL 60625
* $ 2,880,610,000 1 $ 128,000
GUARANTEED RATE, INC.
3940 NORTH RAVENSWOOD AVE
CHICAGO, IL 60613
* $ 10,000,000 1 $ 225,000
ADVISORS CAPITAL, INC.
39810 GRAND RIVER AVE., SUITE C-200
NOVI, MI 48375
* $ 3,243,000 1 $ 257,000
RESIDENTIAL MORTGAGE SOLUTIONS, INC.
3 E HENRIETTA ST
BALTIMORE, MD 21220
* $ 4,980,000 1 $ 156,000
NORTHERN MORTGAGE SERVICES, LLC
3714 28TH ST SW
GRANDVILLE, MI 49418
* $ 3,904,000 1 $ 214,000
J. VIRGIL, INC.
G3404 MILLER ROAD
FLINT, MI 48507
* $ 500,000 1 $ 143,000
GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION
100 PHOENIX DR, STE 300
ANN ARBOR, MI 48108
* $ 10,000,000 1 $ 97,000
1ST ALLIANCE LENDING, LLC
111 FOUNDERS PLAZA, SUITE 1300
EAST HARTFORD, CT 06108
* $ 3,285,000 1 $ 76,000
INTERCONTINENTAL CAPITAL GROUP, INC
50 JERICHO QUADRANGLE, SUITE 210
JERICHO, NY 11753
* $ 10,016,511,000 1 $ 115,000
CARRINGTON MORTGAGE SERVICES, LLC
1600 SO. DOUGLASS RD, SUITES 110 & 200A
ANAHEIM, CA 92806
* $ 945,758,000 1 $ 142,000
AMERICAN FINANCIAL RESOURCES, INC.
9 SYLVAN WAY
PARSIPPANY, NJ 07054
* $ 10,000,000 1 $ 159,000
ENTERPRISE BANK & TRUST
150 N. MERAMEC AVE.
CLAYTON, MO 63105
* $ 3,257,878,000 1 $ 160,000
LAKEVIEW LOAN SERVICING, LLC
4425 PONCE DE LEON BLVD.
CORAL GABLES, FL 33146
* $ 1,825,398,000 1 $ 152,000
ASSOCIATED BANK, NATIONAL ASSOCIATION
200 NORTH ADAMS STREET
GREEN BAY, WI 54301
* $ 26,653,631,000 1 $ 735,000
MORGAN STANLEY PRIVATE BANK, NATIONAL ASSOCIATION
2000 WESTCHESTER AVE
PURCHASE, NY 10577
* $ 27,356,000,000 1 $ 934,000
SANTANDER BANK, N.A.
824 NORTH MARKET STREET, SUITE 100
WILMINGTON, DE 19801
* $ 80,472,892,000 1 $ 134,000
UBS BANK USA
299 S. MAIN ST
SALT LAKE CITY, UT 84111
* $ 48,481,911,000 1 $ 427,000
RESIDENTIAL ACCEPTANCE CORPORATION
5027 W LAUREL ST
TAMPA, FL 33607
* $ 10,000,000 1 $ 148,000
FIRST NATIONAL BANK OF AMERICA
241 EAST SAGINAW
EAST LANSING, MI 48823
* $ 668,685,000 1 $ 59,000
EQUITY PRIME MORTGAGE LLC
5 CONCOURSE PKWY, STE 2250
ATLANTA, GA 30328
* $ 603,000 1 $ 128,000
COMERICA BANK
411 W LAFAYETTE BLVD
DETROIT, MI 48226
* $ 69,310,249,000 1 $ 336,000
THE NORTHERN TRUST COMPANY
50 S. LA SALLE
CHICAGO, IL 60603
* $ 109,596,957,000 1 $ 756,000
MANUFACTURERS AND TRADERS TRUST COMPANY
701 SENECA STREET - SUITE 330N
BUFFALO, NY 14210
* $ 95,920,564,000 1 $ 152,000
WOLVERINE BANK FSB
5710 EASTMAN AVE
MIDLAND, MI 48640
* $ 336,634,000 1 $ 126,000
EATON COMMUNITY BANK
236 S. COCHRAN AVENUE, P.O. BOX 219
CHARLOTTE, MI 48813
* $ 293,257,000 1 $ 82,000
GUARDIAN MORTGAGE COMPANY, INC
100 N. CENTRAL EXPRESSWAY SUITE 150
RICHARDSON, TX 75083
* $ 2,105,747,000 1 $ 100,000
JAMES B. NUTTER & COMPANY
4153 BROADWAY
KANSAS CITY, MO 64111
* $ 145,480,000 1 $ 75,000
EMBRACE HOME LOANS, INC.
25 ENTERPRISE CENTER
MIDDLETOWN, RI 02842
* $ 10,000,000 1 $ 144,000
WATERFORD BANK, N.A.
3900 N. MCCORD RD
TOLEDO, OH 43617
* $ 463,118,000 1 $ 218,000
PRIMARY RESIDENTIAL MORTGAGE, INC.
1480 N 2200 W
SALT LAKE CITY, UT 84116
* $ 242,587,000 1 $ 100,000
FLAGSHIP FINANCIAL GROUP, LLC.
3130 W. MAPLE LOOP DR.
LEHI, UT 84043
* $ 0 1 $ 129,000
1ST STATE FINANCIAL, LTD.
PO BOX 1468
SAGINAW, MI 48605
* $ 215,831,000 1 $ 800,000
COASTALSTATES BANK
5 BOW CIRCLE
HILTON HEAD ISLAND, SC 29928
* $ 389,720,000 1 $ 128,000
ARBOR FINANCIAL CREDIT UNION
1551 SOUTH 9TH STREET
KALAMAZOO, MI 49009
* $ 409,915,000 1 $ 370,000
ELGA CREDIT UNION
2303 S. CENTER ROAD
BURTON, MI 48519
* $ 387,171,000 1 $ 26,000
AAC CREDIT UNION
904 BROADWAY NW
GRAND RAPIDS, MI 49504
* $ 93,207,000 1 $ 159,000
VIBE
44575 W 12 MILE
NOVI, MI 48377
* $ 419,314,000 1 $ 100,000
UNION HOME MORTGAGE CORP.
8241 DOW CIRCLE
STRONGSVILLE, OH 44136
* $ 10,000,000 1 $ 299,000
ORIGIN BANK
2211 NORTH 7TH
WEST MONROE, LA 71291
* $ 3,713,197,000 1 $ 83,000
NORTHPOINTE BANK
3333 DEPOSIT DRIVE NE
GRAND RAPIDS, MI 49546
* $ 421,350,000 1 $ 80,000
PEOPLES BANK
4831 W 6TH ST
LAWRENCE, KS 66049
* $ 447,877,000 1 $ 152,000
KELLOGG CFCU
41 SECOND ST
BATTLE CREEK, MI 49015
* $ 434,870,000 1 $ 245,000
KS STATEBANK
1010 WESTLOOP PL
MANHATTAN, KS 66502
* $ 1,291,449,000 1 $ 274,000
PACIFIC UNION FINANCIAL, LLC
8900 FREEPORT PKWY, STE 150
IRVING, TX 75063
* $ 40,000,000 1 $ 124,000
MORTGAGE 1 INCORPORATED
43456 MOUND ROAD
STERLING HEIGHTS, MI 49314
* $ 9,135,000 1 $ 364,000
NATIONS LENDING CORPORATION
4 SUMMIT PARK DR STE 200
INDEPENDENCE, OH 44131
* $ 4,410,000 1 $ 191,000
ARK-LA-TEX FINANCIAL SERVICES, LLC.
5160 TENNYSON PKWY STE 1000
PLANO, TX 75024
* $ 10,000,000 1 $ 400,000
CHIPPEWA VALLEY BANK
15755 W COUNTY ROAD B
HAYWARD, WI 54843
* $ 295,298,000 1 $ 155,000
SUN WEST MORTGAGE COMPANY, INC.
18000 STUDEBAKER ROAD, SUITE 200
CERRITOS, CA 90703
* $ 10,000,000 1 $ 156,000
FIRST FEDERAL SAVINGS BANK
P.O. BOX 527
ROCHESTER, IN 46975
* $ 357,367,000 1 $ 159,000
FNBC BANK & TRUST
620 W BURLINGTON AVE
LAGRANGE, IL 60525
* $ 511,948,000 1 $ 264,000

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 Benzie County MI in 2015

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 401 $69,871,000 $174,000 $1,180,000 $80,000 $835,000
Home Purchase 323 $57,367,000 $177,000 $2,200,000 $125,000 $4,145,000
Home Improvement 44 $3,079,000 $69,000 $250,000 $81,000 $229,000

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 588 $102,183,000 $173,000 $2,200,000 $112,000 $4,145,000
Not Provided 81 $13,358,000 $164,000 $658,000 $96,000 $1,000,000
Not applicable 78 $11,993,000 $153,000 $1,000,000 $7,000 $108,000
Hispanic 17 $2,358,000 $138,000 $282,000 $85,000 $309,000
American Indian or Alaskan Native 4 $425,000 $106,000 $173,000 $57,000 $85,000
Asian 0 $0 $0 $0 $0 $0
Black or African American 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) 546 $99,605,000 $182,000 $2,200,000 $122,000 $4,145,000
FHA-insured (Federal Housing Administration) 101 $13,045,000 $129,000 $207,000 $40,000 $112,000
VA-guaranteed (Veterans Administration) 73 $11,521,000 $157,000 $445,000 $49,000 $309,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 48 $6,146,000 $128,000 $204,000 $32,000 $80,000

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 406 $75,856,000 $186,000 $2,200,000 $124,000 $4,145,000
Application Denied By Financial Institution 132 $18,787,000 $142,000 $735,000 $69,000 $457,000
Loan Purchased By The Institution 95 $14,207,000 $149,000 $415,000 $22,000 $257,000
Application Withdrawn By Applicant 74 $12,157,000 $164,000 $1,179,000 $124,000 $2,154,000
File Closed For Incompleteness 38 $6,553,000 $172,000 $445,000 $91,000 $420,000
Application Approved But Not Accepted 23 $2,757,000 $119,000 $377,000 $75,000 $250,000
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
Credit History 30 $4,435,000 $147,000 $735,000 $95,000 $432,000
Debt-To-Income Ratio 20 $2,261,000 $113,000 $248,000 $44,000 $96,000
Collateral 20 $3,032,000 $151,000 $377,000 $97,000 $457,000
Credit Application Incomplete 9 $1,155,000 $128,000 $198,000 $57,000 $150,000
Other 6 $384,000 $64,000 $131,000 $30,000 $54,000
Insufficient Cash (Downpayment, Closing Cost) 1 $130,000 $130,000 $130,000 $41,000 $41,000
Mortgage Insurance Denied 0 $0 $0 $0 $0 $0
Unverifiable Information 0 $0 $0 $0 $0 $0
Employment History 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