Branch County MI
Mortgage Loan Application
Totals and Details
for 2014

Find mortgage statistics and lending data for the Branch 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 Branch 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 1,160
Total Mortgage Loan Application Amount $118,647,000
Average Mortgage Loan Application Amount $102,000
Highest Mortgage Loan Application Amount $1,879,000
Average Applicant Income $67,000
Highest Applicant Income $1,064,000

Mortgage Company List for Lending in Branch County MI for 2014

* 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
SOUTHERN MICHIGAN BANK & TRUST
51 WEST PEARL STREET
COLDWATER, MI 49036
* $ 538,580,000 132 $ 15,031,000
AMERIFIRST FINANCIAL CORPORATION
950 TRADE CENTRE WAY SUITE 400
KALAMAZOO, MI 49009
* $ 10,000,000 121 $ 10,991,000
THE HUNTINGTON NATIONAL BANK
7 EASTON OVAL EA5C242
COLUMBUS, OH 43219
* $ 59,304,805,000 72 $ 5,552,000
CONSUMERS
PO BOX 525
OSHTEMO, MI 49077
* $ 501,034,000 66 $ 4,959,000
MONARCH COMMUNITY BANK
375 N WILLOWBROOK RD
COLDWATER, MI 49036
* $ 169,128,000 54 $ 4,701,000
HONOR CREDIT UNION
EDGEWOOD RD
BERRIEN SPRINGS, MI 49103
* $ 472,890,000 51 $ 2,981,000
WELLS FARGO BANK, NATIONAL ASSOCIATION
100 N MAIN STREET MAC D4001-042
WINSTON-SALEM, NC 27150
* $ 1,373,600,000,000 50 $ 4,835,000
PNC BANK, NATIONAL ASSOCIATION
249 FIFTH AVE. MS P1-POPP-22-2
PITTSBURGH, PA 15222
* $ 309,999,678,000 49 $ 4,845,000
JPMORGAN CHASE BANK, NATIONAL ASSOCIATION
1111 POLARIS PARKWAY
COLUMBUS, OH 43240
* $ 1,945,467,000,000 41 $ 3,635,000
OAK MORTGAGE, LLC
113-125 E CHICAGO RD
STURGIS, MI 49091
* $ 315,462,000 39 $ 3,527,000
FLAGSTAR BANK, FSB
5151 CORPORATE DRIVE
TROY, MI 48098
* $ 12,648,357,000 31 $ 2,691,000
CHEMICAL BANK
333 E MAIN STREET
MIDLAND, MI 48640
* $ 6,176,405,000 24 $ 2,264,000
GREENSTONE FARM CREDIT SERVICES, FLCA
3515 WEST RD
EAST LANSING, MI 48823
* $ 10,000,000 20 $ 4,385,000
MARSHALL COMMUNITY CREDIT UNION
839 W GREEN ST
MARSHALL, MI 49068
* $ 153,102,000 20 $ 1,951,000
LOANDEPOT.COM, LLC
26642 TOWNE CENTRE DRIVE
FOOTHILL RANCH, CA 92610
* $ 138,031,000 15 $ 1,859,000
BANK OF AMERICA, NATIONAL ASSOCIATION
31303 AGOURA RD CA6-917-01-20
WESTLAKE VILLAGE, CA 91361
* $ 1,433,716,000,000 12 $ 1,022,000
NATIONSTAR MORTGAGE LLC
8950 CYPRESS WATERS BLVD.
COPPELL, TX 75019
* $ 10,000,000 12 $ 1,417,000
COUNTY NATIONAL BANK
ONE SOUTH HOWELL ST
HILLSDALE, MI 49242
* $ 451,550,000 10 $ 815,000
KELLOGG CFCU
41 SECOND ST
BATTLE CREEK, MI 49015
* $ 419,090,000 10 $ 457,000
FIFTH THIRD MORTGAGE COMPANY
5001 KINGSLEY DRIVE MD 1MOB2W
CINCINNATI, OH 45227
* $ 127,428,329,000 10 $ 730,000
FREEDOM MORTGAGE CORPORATION
10500 KINCAID DRIVE
FISHERS, IN 46037
* $ 10,000,000 9 $ 848,000
FIRST FEDERAL BANK OF THE MIDWEST
601 CLINTON STREET
DEFIANCE, OH 43512
* $ 2,125,408,000 8 $ 2,064,000
FARMERS STATE BANK
220 S. DETROIT STREET
LAGRANGE, IN 46761
* $ 526,666,000 7 $ 1,245,000
FIFTH THIRD MORTGAGE, MI LLC
5001 KINGSLEY DRIVE MD 1MOB2W
CINCINNATI, OH 45227
* $ 48,969,000 6 $ 975,000
USAA FEDERAL SAVINGS BANK
10750 MCDERMOTT FREEWAY
SAN ANTONIO, TX 78288
* $ 62,866,954,000 6 $ 1,163,000
CITIBANK, NATIONAL ASSOCIATION
1 COURT SQUARE,43RD FLOOR
LONG ISLAND CITY, NY 11120
* $ 1,346,747,000,000 6 $ 558,000
OLD NATIONAL BANK
ONE MAIN STREET
EVANSVILLE, IN 47708
* $ 7,873,796,000 6 $ 258,000
KEYBANK NATIONAL ASSOCIATION
127 PUBLIC SQUARE
CLEVELAND, OH 44114
* $ 90,439,767,000 6 $ 1,008,000
CITIMORTGAGE, INC.
1 COURT SQUARE, 43RD FLOOR
LONG ISLAND CITY, NY 11120
* $ 1,019,497,000,000 6 $ 596,000
MEMBER FIRST MORTGAGE, LLC
616 44TH STREET SE
GRAND RAPIDS, MI 49548
* $ 11,800,000 6 $ 483,000
STURGIS BANK & TRUST COMPANY
113-125 E CHICAGO RD
STURGIS, MI 49091
* $ 304,814,000 6 $ 148,000
THE STATE BANK AND TRUST COMPANY
401 CLINTON STREET
DEFIANCE, OH 43512
* $ 633,326,000 5 $ 455,000
RELIANCE FIRST CAPITAL, LLC
201 OLD COUNTRY ROAD SUITE 205
MELVILLE, NY 11747
* $ 100,000,000 5 $ 630,000
MICHIGAN STATE UNIVERSITY FEDERAL CREDIT UNION
3777 WEST ROAD
EAST LANSING, MI 48823
* $ 2,536,690,000 5 $ 300,000
MIDFIRST BANK
501 NW GRAND BLVD
OKLAHOMA CITY, OK 73118
* $ 9,596,388,000 5 $ 421,000
FIFTH THIRD BANK
38 FOUNTAIN SQUARE MD1090K1
CINCINNATI, OH 45263
* $ 127,428,329,000 4 $ 327,000
U.S. BANK NATIONAL ASSOCIATION
425 WALNUT STREET
CINCINNATI, OH 45202
* $ 360,478,278,000 4 $ 227,000
AMERICAN FINANCIAL RESOURCES, INC.
9 SYLVAN WAY
PARSIPPANY, NJ 07054
* $ 10,000,000 4 $ 320,000
NEW DAY FINANCIAL, LLC
8160 MAPLE LAWN BLVD.
FULTON, MD 20759
* $ 4,088,336,000 4 $ 671,000
AMERISAVE MORTGAGE CORPORATION
3525 PIEDMONT RD NE, 8 PIEDMONT CTR STE
ATLANTA, GA 30305
* $ 8,994,122,000 4 $ 533,000
THREE RIVERS FEDERAL CREDIT UNION
1615 NORTHLAND BLVD
FORT WAYNE, IN 46825
* $ 763,585,000 4 $ 913,000
THE CITIZENS NATIONAL BANK OF BLUFFTON
102 S. MAIN ST.
BLUFFTON, OH 45817
* $ 664,841,000 3 $ 446,000
NEIGHBORHOOD MORTGAGE SOLUTION
PO BOX 209 544 N MAIN ST
FRANKENMUTH, MI 48734
* $ 77,551,000 3 $ 225,000
CARRINGTON MORTGAGE SERVICES, LLC
1600 SO. DOUGLASS RD, SUITES 110 & 200A
ANAHEIM, CA 92806
* $ 945,758,000 3 $ 273,000
EMBRACE HOME LOANS, INC.
25 ENTERPRISE CENTER
MIDDLETOWN, RI 02842
* $ 10,000,000 3 $ 594,000
LAKE MICHIGAN CREDIT UNION
PO BOX 2848
GRAND RAPIDS, MI 49501
* $ 3,042,240,000 3 $ 336,000
ROYAL UNITED MORTGAGE LLC
7999 KNUE RD. STE 300
INDIANAPOLIS, IN 46250
* $ 1,000,000,000 3 $ 237,000
STATE FARM BANK, F.S.B.
1 STATE FARM PLAZA E-6
BLOOMINGTON, IL 61710
* $ 15,766,346,000 3 $ 193,000
NAVY FEDERAL CREDIT UNION
820 FOLLIN LANE
VIENNA, VA 22180
* $ 55,502,976,000 3 $ 359,000
PROFED FEDERAL CREDIT UNION
1710 ST. JOE RIVER DR.
FORT WAYNE, IN 46805
* $ 358,994,000 3 $ 172,000
SOUTH CENTRAL BANK, NATIONAL ASSOCIATION
525 W ROOSEVELT RD
CHICAGO, IL 60607
* $ 239,452,000 3 $ 45,000
FIRST GUARANTY MORTGAGE CORPORATION
1900 GALLOWS ROAD, SUITE 800
TYSONS CORNER, VA 22182
* $ 10,000,000 3 $ 297,000
MORTGAGE RESEARCH CENTER, LLC
1400 VETERANS UNITED DR.
COLUMBIA, MO 65203
* $ 880,000,000 3 $ 367,000
SUN WEST MORTGAGE COMPANY, INC.
18000 STUDEBAKER ROAD, SUITE 200
CERRITOS, CA 90703
* $ 10,000,000 2 $ 152,000
21ST MORTGAGE CORPORATION
620 MARKET ST SUITE 100
KNOXVILLE, TN 37902
* $ 10,000,000 2 $ 95,000
EVERETT FINANCIAL, INC.
14801 QUORUM DRIVE, SUITE 300
DALLAS, TX 75254
* $ 3,642,000 2 $ 260,000
CALIBER HOME LOANS, INC.
1525 S. BELTLINE ROAD
COPPELL, TX 75019
* $ 1,543,699,000 2 $ 189,000
PEOPLES BANK
4831 W 6TH ST
LAWRENCE, KS 66049
* $ 439,528,000 2 $ 555,000
SOUTHWEST MICHIGAN FEDERAL CU
4000 SOUTH SPRINKLE
KALAMAZOO, MI 49001
* $ 68,645,000 2 $ 338,000
ADMIRALS BANK
15 PARK ROW WEST
PROVIDENCE, RI 02903
* $ 577,338,000 2 $ 34,000
MORTGAGE 1 INCORPORATED
43456 MOUND ROAD
STERLING HEIGHTS, MI 49314
* $ 9,135,000 2 $ 175,000
DISCOVER HOME LOANS, INC
173 TECHNOLOGY DRIVE
IRVINE, CA 92618
* $ 79,339,664,000 2 $ 544,000
AMWEST FUNDING CORP.
6 POINTE DRIVE, SUITE 300
BREA, CA 92821
* $ 10,000,000 2 $ 214,000
CITIZENS BANK, NATIONAL ASSOCIATION
ONE CITIZENS PLAZA
PROVIDENCE, RI 02903
* $ 94,716,980,000 2 $ 384,000
AMERICAN ADVISORS GROUP
3800 W.CHAPMAN SUITE 300
ORANGE, CA 92868
* $ 100,247,000 2 $ 144,000
BLUEOX CREDIT UNION
115 RIVERSIDE DRIVE
BATTLE CREEK, MI 49068
* $ 116,434,000 2 $ 205,000
POST COMMUNITY CREDIT UNION
240 CLIFF ST.
BATTLE CREEK, MI 49014
* $ 85,273,000 2 $ 140,000
OMNI COMMUNITY CREDIT UNION
PO BOX 1537
BATTLE CREEK, MI 49068
* $ 307,022,000 2 $ 100,000
STAR FINANCIAL BANK
127 WEST BERRY ST
FORT WAYNE, IN 46835
* $ 1,664,812,000 2 $ 278,000
AMERICAN 1 CREDIT UNION
718 E. MICHIGAN AVE.
JACKSON, MI 49201
* $ 258,995,000 2 $ 59,000
PRIMELENDING, A PLAINSCAPITAL COMPANY
18111 PRESTON ROAD SUITE 900
DALLAS, TX 75252
* $ 8,361,206,000 2 $ 289,000
KALSEE CREDIT UNION
2501 MILLCORK
KALAMAZOO, MI 49001
* $ 141,997,000 2 $ 143,000
UNITED SHORE FINANCIAL SERVICES, LLC
1414 EAST MAPLE ROAD
TROY, MI 48083
* $ 10,000,000 2 $ 152,000
GUARANTEED RATE, INC.
3940 NORTH RAVENSWOOD AVE
CHICAGO, IL 60613
* $ 10,000,000 2 $ 492,000
GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION
100 PHOENIX DR, STE 300
ANN ARBOR, MI 48108
* $ 10,000,000 2 $ 159,000
AMERICAN SOUTHWEST MORTGAGE CORP.
5900 MOSTELLER DRIVE SUITE 10
OKLAHOMA CITY, OK 73112
* $ 143,000,000 2 $ 158,000
MIDWEST AMERICA
1104 MEDICAL PARK DR
FORT WAYNE, IN 46825
* $ 481,609,000 1 $ 5,000
HIGHPOINT COMMUNITY BANK
150 W COURT ST
HASTINGS, MI 49058
* $ 270,623,000 1 $ 11,000
THE FARMERS & MERCHANTS STATE BANK
307 N DEFIANCE ST
ARCHBOLD, OH 43502
* $ 950,929,000 1 $ 4,000
MORTGAGE CENTER L.C
29621 NORTHWESTERN HWY
SOUTHFIELD, MI 48034
* $ 30,000,000 1 $ 33,000
SUCCESS MORTGAGE PARTNERS, INC.
1200 S. SHELDON RD.
PLYMOUTH, MI 48170
* $ 1,912,000 1 $ 96,000
FIRST MERCHANTS BANK, NA
200 E. JACKSON ST.
MUNCIE, IN 47305
* $ 5,417,382,000 1 $ 50,000
EVOLVE BANK & TRUST
301 SHOPPING WAY BLVD
WEST MEMPHIS, AR 72301
* $ 277,561,000 1 $ 183,000
NORTHERN OHIO INVESTMENT COMPANY
6444 MONROE STREET, SUITE 6
SYLVANIA, OH 43560
* $ 10,000,000 1 $ 90,000
UNION HOME MORTGAGE CORP.
8241 DOW CIRCLE
STRONGSVILLE, OH 44136
* $ 10,000,000 1 $ 63,000
MCGLONE MORTGAGE COMPANY, INC.
3701 E. EVERGREEN DRIVE, SUITE 500B
APPLETON, WI 54913
* $ 10,000,000 1 $ 66,000
THE GENOA BANKING COMPANY
801 MAIN STREET
GENOA, OH 43430
* $ 267,163,000 1 $ 155,000
HURON VALLEY FINANCIAL, INC.
2395 OAK VALLEY DRIVE, SUITE 200
ANN ARBOR, MI 48103
* $ 10,000,000 1 $ 100,000
TOWNE MORTGAGE COMPANY
2170 E. BIG BEAVER ROAD, SUITE A
TROY, MI 48083
* $ 35,475,880,000 1 $ 63,000
VAN DYK MORTGAGE CORPORATION
2449 CAMELOT CT SE
GRAND RAPIDS, MI 49546
* $ 10,000,000 1 $ 100,000
PHH MORTGAGE CORPORATION
1 MORTGAGE WAY
MT LAUREL, NJ 08054
* $ 31,000,000 1 $ 152,000
PLAZA HOME MORTGAGE, INC.
4820 EASTGATE MALL, STE 100
SAN DIEGO, CA 92121
* $ 10,000,000 1 $ 214,000
STONEGATE MORTGAGE CORPORATION
9190 PRIORITY WAY WEST DRIVE
INDIANAPOLIS, IN 46240
* $ 10,000,000 1 $ 67,000
PACOR MORTGAGE CORP.
14930 CICERO AVE
OAK FOREST, IL 60452
* $ 14,292,000 1 $ 143,000
CASE
4316 S PENNSYLVANIA AVE
LANSING, MI 48911
* $ 237,547,000 1 $ 8,000
MICHIGAN COMMUNITY CREDIT UNIO
1425 W PARNALL RD
JACKSON, MI 49201
* $ 121,494,000 1 $ 230,000
PREFERRED CREDIT UNION
3767 SPARKS DR SE
GRAND RAPIDS, MI 49546
* $ 149,977,000 1 $ 40,000
ZEAL CREDIT UNION
17250 NEWBURGH
LIVONIA, MI 48152
* $ 413,674,000 1 $ 86,000
TLC COMMUNITY CREDIT UNION
3030 S ADRIAN HWY
ADRIAN, MI 49221
* $ 340,615,000 1 $ 49,000
CONSUMERS PROFESSIONAL CREDIT UNION
525 W WILLOW STREET
LANSING, MI 48906
* $ 73,391,000 1 $ 13,000
SECURITY CREDIT UNION
5255 SECURITY PARK BLVD
HOLLY, MI 48442
* $ 381,225,000 1 $ 112,000
PROFICIO BANK
6985 UNION PARK CENTER, SUITE 150
COTTONWOOD HEIGHTS, UT 84047
* $ 168,648,000 1 $ 154,000
KELLER MORTGAGE, LLC
4725 LAKEHURST CT SUITE 400
DUBLIN, OH 43016
* $ 10,000,000 1 $ 303,000
HALLMARK HOME MORTGAGE, LLC
7421 COLDWATER ROAD
FORT WAYNE, IN 46825
* $ 2,915,000 1 $ 78,000
PENNYMAC LOAN SERVICES LLC
3043 TOWNSGATE ROAD
WESTLAKE VILLAGE, CA 91361
* $ 39,000,000 1 $ 110,000
SUNTRUST MORTGAGE, INC.
901 SEMMES AVENUE
RICHMOND, VA 23224
* $ 171,261,678,000 1 $ 303,000
TIAA, FSB
501 RIVERSIDE AVENUE
JACKSONVILLE, FL 32202
* $ 17,638,918,000 1 $ 149,000
CHARLES SCHWAB BANK, SSB
2360 CORPORATE CIRCLE
HENDERSON, NV 89074
* $ 99,877,000,000 1 $ 150,000
GATEWAY FUNDING DMS, LP
300 WELSH ROAD, BUILDING 5
HORSHAM, PA 19044
* $ 10,000,000 1 $ 192,000
IFREEDOM DIRECT CORPORATION
124 N. CHARLES LINDBERGH DRIVE
SLC, UT 84116
* $ 10,000,000 1 $ 76,000
MICHIGAN MUTUAL, INC.
911 MILITARY STREET
PORT HURON, MI 48060
* $ 35,000,000,000 1 $ 122,000
FORT FINANCIAL FEDERAL CREDIT UNION
3102 SPRING ST
FORT WAYNE, IN 46808
* $ 166,435,000 1 $ 30,000
CHOICEONE BANK
109 E. DIVISION ST.
SPARTA, MI 49345
* $ 513,928,000 1 $ 64,000
OSB COMMUNITY BANK
417 S MAIN ST, PO BOX 738
BROOKLYN, MI 49230
* $ 71,973,000 1 $ 720,000
THE FEDERAL SAVINGS BANK
300 N ELIZABETH STREET, STE 3E
CHICAGO, IL 60607
* $ 141,772,000 1 $ 98,000
HOMESTEAD SAVINGS BANK
415 S SUPERIOR ST
ALBION, MI 49224
* $ 71,052,000 1 $ 131,000
VILLAGE CAPITAL & INVESTMENT LLC
2863 ST. ROSE PARKWAY
HENDERSON, NV 89052
* $ 11,000,000 1 $ 87,000
GREAT PLAINS NATIONAL BANK
5909 NW EXPRESSWAY
OKLAHOMA CITY, OK 73132
* $ 539,275,000 1 $ 60,000
WATERFORD BANK, N.A.
3900 N. MCCORD RD
TOLEDO, OH 43617
* $ 449,756,000 1 $ 417,000
FIRST INTERNET BANK OF INDIANA
11201 USA PARKWAY
FISHERS, IN 46037
* $ 800,870,000 1 $ 130,000
THE BANK OF HOLLAND
150 CENTRAL AVE
HOLLAND, MI 49423
* $ 715,804,000 1 $ 1,341,000
ARK-LA-TEX FINANCIAL SERVICES, LLC.
5160 TENNYSON PKWY STE 1000
PLANO, TX 75024
* $ 10,000,000 1 $ 152,000
GUARANTY TRUST COMPANY
316 ROBERT ROSE DRIVE
MURFREESBORO, TN 37129
* $ 225,000,000 1 $ 189,000
THE CAMPBELL & FETTER BANK
PO BOX 231
KENDALLVILLE, IN 46755
* $ 297,223,000 1 $ 122,000
THE MONEY SOURCE INC.
135 MAXESS ROAD
MELVILLE, NY 11747
* $ 10,000,000 1 $ 87,000
TOP FLITE FINANCIAL, INC.
123 E GRAND RIVER AVE
WILLIAMSTON, MI 48895
* $ 40,394,000 1 $ 121,000
ACADEMY MORTGAGE CORPORATION
339 WEST 13490 SOUTH
DRAPER, UT 84020
* $ 10,000,000 1 $ 77,000
TOWNSTONE FINANACIAL, INC.
1141 W RANDOLPH
CHICAGO, IL 60607
* $ 10,000,000 1 $ 184,000
SIERRA PACIFIC MORTGAGE COMPANY, INC.
1180 IRON POINT RD, SUITE 200
FOLSOM, CA 95630
* $ 10,000,000 1 $ 106,000
SUMMIT HOME MORTGAGE, LLC
414 W. MILHAM AVENUE
PORTAGE, MI 49024
* $ 1,000,000 1 $ 104,000
CROSSCOUNTRY MORTGAGE, INC.
6850 MILLER RD
BRECKSVILLE, OH 44141
* $ 10,000,000 1 $ 84,000
FRANKLIN AMERICAN MORTGAGE COMPANY
6100 TOWER CIRCLE SUITE 600
FRANKLIN, TN 37067
* $ 10,000,000 1 $ 417,000

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 Branch County MI in 2014

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 543 $55,890,000 $102,000 $1,879,000 $62,000 $762,000
Home Purchase 498 $55,484,000 $111,000 $997,000 $70,000 $1,064,000
Home Improvement 119 $7,273,000 $61,000 $1,341,000 $72,000 $467,000

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 984 $100,571,000 $102,000 $1,879,000 $70,000 $1,064,000
Not Provided 80 $7,519,000 $93,000 $386,000 $82,000 $762,000
Not applicable 67 $8,028,000 $119,000 $1,341,000 $5,000 $109,000
Hispanic 19 $1,744,000 $91,000 $375,000 $50,000 $125,000
Asian 5 $370,000 $74,000 $121,000 $48,000 $99,000
Black or African American 3 $295,000 $98,000 $152,000 $105,000 $165,000
American Indian or Alaskan Native 2 $120,000 $60,000 $68,000 $58,000 $93,000
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) 843 $88,119,000 $104,000 $1,879,000 $78,000 $1,064,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 140 $11,579,000 $82,000 $205,000 $31,000 $183,000
FHA-insured (Federal Housing Administration) 126 $11,407,000 $90,000 $248,000 $39,000 $209,000
VA-guaranteed (Veterans Administration) 51 $7,542,000 $147,000 $452,000 $49,000 $132,000

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 633 $68,226,000 $107,000 $1,879,000 $74,000 $854,000
Application Denied By Financial Institution 279 $26,797,000 $96,000 $720,000 $61,000 $762,000
Application Withdrawn By Applicant 98 $8,630,000 $88,000 $375,000 $63,000 $500,000
Loan Purchased By The Institution 77 $7,585,000 $98,000 $417,000 $16,000 $393,000
Application Approved But Not Accepted 43 $3,880,000 $90,000 $250,000 $96,000 $1,064,000
File Closed For Incompleteness 30 $3,529,000 $117,000 $452,000 $66,000 $183,000
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 74 $5,248,000 $70,000 $360,000 $55,000 $230,000
Collateral 41 $4,223,000 $103,000 $284,000 $70,000 $215,000
Debt-To-Income Ratio 35 $3,828,000 $109,000 $720,000 $53,000 $183,000
Credit Application Incomplete 33 $3,512,000 $106,000 $239,000 $81,000 $762,000
Other 5 $543,000 $108,000 $204,000 $63,000 $171,000
Unverifiable Information 3 $500,000 $166,000 $228,000 $156,000 $285,000
Insufficient Cash (Downpayment, Closing Cost) 2 $174,000 $87,000 $89,000 $63,000 $70,000
Employment History 1 $70,000 $70,000 $70,000 $24,000 $24,000
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