Crawford County, MI Mortgage Lenders & HMDA Data, 2021

In 2021, lenders reported 1,016 mortgage applications in Crawford County, MI totaling $136.8 million, up 21% from 2020. The average application was for $134,000, and applicants reported an average income of $84,000. 61% of applications resulted in an originated loan and 12% were denied. The most active lender was Huntington National Bank, with 116 applications, followed by Union Home Mortgage Corp. and Fifth Third Bank, National Association.

Looking for lender-specific data?
Download a formatted spreadsheet with aggregated HMDA statistics for all lenders based in Michigan.
Whether you're an industry professional, homebuyer, or researcher, this data helps you stay informed about local mortgage trends and lending activity.

Years 2025  2024  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 1,016
Total Mortgage Loan Application Amount $136,770,000
Average Mortgage Loan Application Amount $134,000
Highest Mortgage Loan Application Amount $625,000
Average Applicant Income $84,000
Highest Applicant Income $936,000

Mortgage Company List for Lending in Crawford 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
Huntington National Bank
7 EASTON OVAL EA5C242
COLUMBUS, OH 43219
* $ 104,052,030,000 116 $ 13,650,000
Union Home Mortgage Corp.
8241 DOW CIRCLE
STRONGSVILLE, OH 44136
* $ -1,000 82 $ 11,270,000
Fifth Third Bank, National Association
38 FOUNTAIN SQUARE MD1090K1
CINCINNATI, OH 45263
* $ 140,077,697,000 60 $ 6,230,000
United Wholesale Mortgage
40600 ANN ARBOR RD E STE 201
PLYMOUTH, MI 48170
* $ -1,000 38 $ 6,520,000
Amerifirst Financial Corporation
950 TRADE CENTRE WAY SUITE 400
KALAMAZOO, MI 49009
* $ -1,000 24 $ 3,190,000
Community Financial
500 S HARVEY ST
PLYMOUTH, MI 48170
* $ 1,013,236,000 23 $ 2,095,000
Member First Mortgage, LLC
616 44TH STREET SE
GRAND RAPIDS, MI 49548
* $ -1,000 21 $ 1,785,000
Wells Fargo Bank NA

MINNEAPOLIS, MN 55415
* $ 1,747,398,000,000 19 $ 3,225,000
PennyMac Loan Services LLC
3043 TOWNSGATE ROAD
WESTLAKE VILLAGE, CA 91361
* $ -1,000 19 $ 2,765,000
Ark-La-Tex Financial Services LLC
5160 TENNYSON PKWY STE 1000
PLANO, TX 75024
* $ -1,000 19 $ 4,175,000
Freedom Mortgage Corporation
951 YAMATO ROAD SUITE 175
BOCA RATON, FL 33431
* $ -1,000 17 $ 2,715,000
Mercantile Bank
310 LEONARD STREET NORTH WEST
GRAND RAPIDS, MI 49504
* $ 3,614,957,000 16 $ 1,850,000
Amerisave Mortgage Company
1200 ALTMORE AVENUE BUILDING 2 SUITE 300
SANDY SPRINGS, GA 30342
* $ -1,000 16 $ 1,650,000
Newrez LLC

FORT WASHINGTON, PA 19034
* $ -1,000 14 $ 1,320,000
Nationstar Mortgage
8950 CYPRESS WATERS BLVD.
COPPELL, TX 75019
* $ -1,000 14 $ 1,510,000
JPMorgan Chase Bank, NA
1111 POLARIS PARKWAY
COLUMBUS, OH 43240
* $ 2,140,778,000,000 14 $ 2,410,000
Mortgage Research Center
1400 VETERANS UNITED DR.
COLUMBIA, MO 65203
* $ -1,000 13 $ 2,475,000
Caliber Home Loans, Inc.
1525 S. BELTLINE ROAD
WILMINGTON, DE 75019
* $ -1,000 12 $ 1,830,000
Tcf National Bank
2508 LOUISE AVE S (PCC-2E-L)
SIOUX FALLS, SD 57106
* $ 46,627,366,000 12 $ 1,190,000
Carrington Mortgage Services LLC
500 NORTH STATE COLLEGE BOULEVARD SUITES 1030, 1300 AND 1400
ORANGE, CA 92868
* $ -1,000 12 $ 1,360,000
New Day Financial, Llc.
360 SOUTH ROSEMARY AVENUE SUITE 1900
WEST PALM BEACH, FL 33401
* $ -1,000 12 $ 1,440,000
Lake Michigan Credit Union
PO BOX 2848
GRAND RAPIDS, MI 49501
* $ 6,863,398,000 11 $ 2,145,000
Discover Bank
12 READS WAY
GREENWOOD, DE 19950
* $ 98,729,134,000 10 $ 620,000
Msu Federal Credit Union
3777 WEST ROAD
EAST LANSING, MI 48823
* $ 4,730,630,000 10 $ 1,330,000
Genisys Credit Union
2100 EXECUTIVE HILLS BLVD
AUBURN HILLS, MI 48326
* $ 2,847,190,000 8 $ 610,000
Home Point Financial Corporation
1194 OAK VALLEY DRIVE, SUITE 80
ANN ARBOR, MI 48108
* $ -1,000 7 $ 965,000
Dow Credit Union
600 E. LYON ROAD P.O. BOX 1649
MIDLAND, MI 48641
* $ 1,766,990,000 7 $ 1,045,000
Horizon Bank
515 FRANKLIN ST
MICHIGAN CITY, IN 46360
* $ 5,236,417,000 7 $ 415,000
Flagstar Bank NA

TROY, MI 49098
* $ 16,855,693,000 7 $ 865,000
Independent Bank
4200 EAST BELTLINE
GRAND RAPIDS, MI 49525
* $ 3,563,694,000 6 $ 930,000
Mortgage300 Corporation
10 SE CENTRAL PARKWAY SUITE 325
STUART, FL 34994
* $ -1,000 6 $ 630,000
Amerihome Mortgage Company, LLC
1 BAXTER WAY SUITE 300
THOUSAND OAKS, CA 91362
* $ -1,000 6 $ 1,480,000
USAA Federal Savings Bank
10750 MCDERMOTT FREEWAY
SAN ANTONIO, TX 78288
* $ 80,522,766,000 6 $ 1,080,000
Credit Union One
400 E NINE MILE RD
FERNDALE, MI 48220
* $ 1,487,658,000 6 $ 410,000
Success Mortgage Partners, Inc
1200 S. SHELDON RD.
PLYMOUTH, MI 48170
* $ -1,000 5 $ 815,000
Greenstone Farm Credit Services
3515 WEST RD
EAST LANSING, MI 48823
* $ -1,000 5 $ 655,000
Citizens Bank, NA
ONE CITIZENS PLAZA
PROVIDENCE, RI 02903
* $ 121,995,997,000 5 $ 425,000
Village Capital & Investment
2460 PASEO VERDE PKWY SUITE 100
HENDERSON, NV 89074
* $ -1,000 5 $ 575,000
Barrington Bank & Trust Company, N.A.
201 SOUTH HOUGH STREET
BARRINGTON, IL 60010
* $ 2,445,435,000 5 $ 385,000
loanDepot.com LLC
6561 IRVINE CENTER DRIVE
IRVINE, CA 92618
* $ -1,000 5 $ 915,000
Mortgage 1 Incorporated
43456 MOUND ROAD
STERLING HEIGHTS, MI 48314
* $ -1,000 5 $ 755,000
Envoy Mortgage, Ltd
10496 KATY FWY STE 250
HOUSTON, TX 77024
* $ -1,000 5 $ 965,000
Crosscountry Mortgage, LLC
2160 SUPERIOR AVENUE
CLEVELAND, OH 44114
* $ -1,000 5 $ 655,000
Consumers Credit Union
PO BOX 525
KALAMAZOO, MI 49009
* $ 1,242,456,000 4 $ 330,000
1st State Bank
PO BOX 1468
SAGINAW, MI 48605
* $ 323,664,000 4 $ 570,000
Michigan Schools and Governmen
40400 GARFIELD ROAD
CLINTON TOWNSHIP, MI 48038
* $ 2,370,725,000 4 $ 330,000
Northpointe Bank
3333 DEPOSIT DRIVE NE
GRAND RAPIDS, MI 49546
* $ 2,186,056,000 4 $ 1,430,000
Royal United Mortgage LLC
7999 KNUE RD. STE 300
INDIANAPOLIS, IN 46256
* $ -1,000 4 $ 280,000
First Guaranty Mortgage Corporation
1900 GALLOWS ROAD, SUITE 800
TYSONS CORNER, VA 22182
* $ -1,000 4 $ 560,000
US Bank, N.A.
425 WALNUT STREET
CINCINNATI, OH 45202
* $ 456,025,829,000 4 $ 820,000
Frankenmuth Credit Union
580 N. MAIN ST., PO BOX 209
FRANKENMUTH, MI 48734
* $ 740,859,000 4 $ 930,000
Academy Mortgage Corporation
339 WEST 13490 SOUTH
SALT LAKE CITY, UT 84020
* $ -1,000 4 $ 710,000
Michigan Mutual, Inc
911 MILITARY STREET
PORT HURON, MI 48060
* $ -1,000 3 $ 335,000
PNC Bank N.A.
249 FIFTH AVE. MS P1-POPP-22-2
PITTSBURGH, PA 15222
* $ 370,002,264,000 3 $ 415,000
Mortgage Center Lc
26555 EVERGREEN RD SUITE 900
SOUTHFIELD, MI 48076
* $ -1,000 3 $ 485,000
Legacy Mortgage
1537 E HILL RD SUITE 100
GRAND BLANC, MI 48439
* $ -1,000 3 $ 335,000
Dart Bank
368 S. PARK ST.
MASON, MI 48854
* $ 460,693,000 3 $ 485,000
New American Funding, Llc.
14511 MYFORD ROAD, SUITE 100
TUSTIN, CA 92780
* $ -1,000 3 $ 315,000
Fairway Independent Mort Corp
4801 S. BILTMORE LANE
MADISON, WI 53718
* $ -1,000 3 $ 425,000
PHH Mortgage Corporation

WEST PALM BEACH, FL 33409
* $ -1,000 3 $ 325,000
Lakeview Loan Servicing, LLC
4425 PONCE DE LEON BLVD.
CORAL GABLES, FL 33146
* $ -1,000 3 $ 455,000
Navy Federal Credit Union
820 FOLLIN LANE
VIENNA, VA 22180
* $ 90,565,764,000 2 $ 360,000
Liberty Home Mortgage Corp
4401 ROCKSIDE RD 310
INDEPENDENCE, OH 44131
* $ -1,000 2 $ 450,000
Level One Bank
32991 HAMILTON COURT
FARMINGTON HILLS, MI 48334
* $ 1,582,399,000 2 $ 240,000
Dfcu Financial
400 TOWN CENTER DRIVE
DEARBORN, MI 48121
* $ 4,903,176,000 2 $ 420,000
Ruoff Mortgage Company
1700 MAGNAVOX WAY SUITE 220
FORT WAYNE, IN 46804
* $ -1,000 2 $ 250,000
The Money Source Inc.
135 MAXESS ROAD
NEW YORK, NY 11747
* $ -1,000 2 $ 200,000
Figure Lending LLC

SAN FRANCISCO, CA 94108
* $ -1,000 2 $ 60,000
Wyndham Capital Mortgage, Inc.
6115 PARK SOUTH DRIVE, STE 200
RALEIGH, NC 28210
* $ -1,000 2 $ 430,000
Mbank
130 S CEDAR ST
MANISTIQUE, MI 49854
* $ 1,316,588,000 2 $ 170,000
St. James Mortgage Corporation
42676 WOODWARD AVE
BLOOMFIELD HILLS, MI 48304
* $ -1,000 2 $ 470,000
21st Mortgage
620 MARKET ST SUITE 100
KNOXVILLE, TN 37902
* $ -1,000 2 $ 230,000
Nations Lending Corporation
4 SUMMIT PARK DR STE 200
INDEPENDENCE, OH 44131
* $ -1,000 2 $ 370,000
Planet Home Lending, LLC
321 RESEARCH PARKWAY SUITE 303
MERIDEN, CT 06450
* $ -1,000 2 $ 870,000
Consumer Real Estate Finance Co dba Society Mortgage
330 SW 2ND ST #111
FORT LAUDERDALE, FL 33312
* $ -1,000 2 $ 280,000
Guaranteed Rate, Inc.
3940 NORTH RAVENSWOOD AVE
CHICAGO, IL 60613
* $ -1,000 2 $ 350,000
Arbor Financial Credit Union
1551 SOUTH 9TH STREET
KALAMAZOO, MI 49009
* $ 655,512,000 2 $ 140,000
Sovereign Lending Group Inc.

NEWPORT BEACH, CA 92660
* $ -1,000 2 $ 310,000
Financial Plus Credit Union
G-3381 VAN SLYKE RD, P.O. BOX 7006
FLINT, MI 48507
* $ 569,726,000 2 $ 250,000
American Mortgage Service Company
11503 SPRINGFIELD PIKE
CINCINNATI, OH 45246
* $ -1,000 2 $ 220,000
First National Bank of America
241 EAST SAGINAW
EAST LANSING, MI 48823
* $ 2,488,033,000 2 $ 160,000
Michigan First Credit Union
27000 EVERGREEN
LATHRUP VILLAGE, MI 48076
* $ 980,071,000 2 $ 280,000
The Park National Bank
50 N THIRD STREET
NEWARK, OH 43055
* $ 8,528,848,000 1 $ 195,000
First Home Bank
9190 SEMINOLE BLVD
SEMINOLE, FL 33772
* $ 531,151,000 1 $ 275,000
American Financial Network, Inc.
10 POINTE DRIVE, SUITE 330
BREA, CA 92821
* $ -1,000 1 $ 205,000
Summit Funding.Inc
2135 BUTANO DRIVE SUITE 150
SACRAMENTO, CA 95825
* $ -1,000 1 $ 245,000
Mission Loans, LLC

IRVINE, CA 92612
* $ -1,000 1 $ 65,000
Better Mortgage Corporation
1 WORLD TRADE CENTER FL 80
NEW YORK, NY 10007
* $ -1,000 1 $ 115,000
Mycumortgage
3560 PENTAGON BLVD. SUITE 301
BEAVERCREEK, OH 45431
* $ -1,000 1 $ 65,000
Pentagon Federal Credit Union

OMAHA, NE 68164
* $ 24,774,361,000 1 $ 55,000
Blg Holdings, LLC
2353 S. LINDEN RD. SUITE A
FLINT, MI 48507
* $ -1,000 1 $ 105,000
Truist Bank
3100 SMOKETREE CT FL 5
RALEIGH, NC 27604
* $ 216,077,000,000 1 $ 335,000
First Merchants Bank
200 E. JACKSON ST.
MUNCIE, IN 47305
* $ 12,430,349,000 1 $ 445,000
Reliance First Capital, LLC
201 OLD COUNTRY ROAD SUITE 205
MELVILLE, NY 11747
* $ -1,000 1 $ 155,000
Cardinal Financial Company, Li
3530 TORINGDON WAY STE 200
CHARLOTTE, NC 28277
* $ -1,000 1 $ 75,000
Towne Mortgage Company
888 WEST BIG BEAVER ROAD SUITE 310
TROY, MI 48084
* $ -1,000 1 $ 135,000
Cherry Creek Mortgage, LLC
7600 E ORCHARD ROAD, SUITE 250 -N
WILMINGTON, DE 80111
* $ -1,000 1 $ 105,000
Finance of America Reverse LLC
8023 EAST 63RD PLACE, SUITE 700
TULSA, OK 74133
* $ -1,000 1 $ 275,000
Financialedge Credit Union
1199 S. EUCLID AVE.
BAY CITY, MI 48706
* $ 95,015,000 1 $ 45,000
The Farmers & Merchants State Bank
307 N DEFIANCE ST
ARCHBOLD, OH 43502
* $ 1,582,933,000 1 $ 155,000
Neighborhood Loans, Inc
1333 BUTTERFIELD RD SUITE 600
DOWNERS GROVE, IL 60515
* $ -1,000 1 $ 165,000
Health Advantage Federal Credi
4550 STATE ST.
SAGINAW, MI 48603
* $ 141,820,000 1 $ 95,000
Midfirst Bank
501 NW GRAND BLVD
OKLAHOMA CITY, OK 73118
* $ 22,986,309,000 1 $ 135,000
Provident Funding Associates
1235 NORTH DUTTON AVE STE E
SANTA ROSA, CA 95401
* $ -1,000 1 $ 245,000
Embrace Home Loans, Inc.
25 ENTERPRISE CENTER
MIDDLETOWN, RI 02842
* $ -1,000 1 $ 215,000
Extra Credit Union
6611 CHICAGO ROAD
WARREN, MI 48092
* $ 236,333,000 1 $ 135,000
Isabella Bank
139 E. BROADWAY
MT PLEASANT, MI 48858
* $ 1,763,432,000 1 $ 155,000
Comerica Bank

FARMINGTON HILLS, MI 48331
* $ 73,336,000,000 1 $ 95,000
Bank of America NA
31303 AGOURA RD CA6-917-01-20
WESTLAKE VILLAGE, CA 91361
* $ 1,751,524,000,000 1 $ 105,000
Mutual of Omaha Mortgage

LOMBARD, IL 60148
* $ -1,000 1 $ 165,000
Ross Mortgage Corporation
2075 W. BIG BEAVER, SUITE 700
TROY, MI 48084
* $ -1,000 1 $ 95,000
Kellogg Community Credit Union
41 SECOND ST
BATTLE CREEK, MI 49014
* $ 637,246,000 1 $ 35,000
Luxury Mortgage Corp.
FOUR LANDMARK SQUARE SUITE 300
STAMFORD, CT 06901
* $ -1,000 1 $ 95,000
Tjc Mortgage Inc
1 PERIMETER PARK S, STE 230 S
BIRMINGHAM, AL 35243
* $ -1,000 1 $ 325,000
Sun West Mortgage Company, Inc
18000 STUDEBAKER ROAD, SUITE 200
CERRITOS, CA 90703
* $ -1,000 1 $ 285,000
Rbc Bank (Georgia), N.A.

RALEIGH, NC 27607
* $ 4,528,719,000 1 $ 215,000
University Lending Group, LLC
42452 HAYES, STE I
CLLINTON TOWNSHIP, MI 48038
* $ -1,000 1 $ 255,000
Bank of England
PO BOX 70
ENGLAND, AR 72046
* $ 464,504,000 1 $ 135,000
Highlands Residential Mortgage, Ltd.
950 W BETHANY DR STE 800
ALLEN, TX 75013
* $ -1,000 1 $ 95,000
Sunflower Bank, N.A.
3025 CORTLAND CIRCLE - PO BOX 800
DALLAS, TX 75225
* $ 4,172,729,000 1 $ 175,000
Platinum Home Mortgage Corporation
2200 HICKS RD, STE 101
SPRINGFIELD, IL 60008
* $ -1,000 1 $ 265,000
Keybank National Association
127 PUBLIC SQUARE
CLEVELAND, OH 44114
* $ 135,758,439,000 1 $ 105,000
Accelerate Mortgage, LLC
750 PRIDES CROSSING #303
NEWARK, DE 19713
* $ -1,000 1 $ 105,000
Premium Security, Inc.
901 N GREEN VALLEY PKWY STE 200
HENDERSON, NV 89074
* $ -1,000 1 $ 165,000
Elga Credit Union
2303 S. CENTER ROAD
GRAND BLANC, MI 48439
* $ 794,126,000 1 $ 55,000
Keller Mortgage, LLC

AUSTIN, TX 78746
* $ -1,000 1 $ 225,000
Nations Direct Mortgage, LLC
2475 VILLAGE VIEW DRIVE SUITE 100
HENDERSON, NV 89074
* $ -1,000 1 $ 155,000
American Advisors Group
3800 W.CHAPMAN SUITE 300
ORANGE, CA 92868
* $ -1,000 1 $ 95,000
Pacific Residential Mortgage, LLC
4949 MEADOWS ROAD SUITE 350
LAKE OSWEGO, OR 97035
* $ -1,000 1 $ 75,000
Auto Club Trust, FSB
1 AUTOCLUB DRIVE
DEARBORN, MI 48126
* $ 567,245,000 1 $ 55,000
Choiceone Bank
109 E. DIVISION ST.
SPARTA, MI 49345
* $ 673,946,000 1 $ 85,000
Ally Bank

CHARLOTTE, NC 28202
* $ 167,492,000,000 1 $ 105,000
Specialized Loan Servicing LLC
6200 S QUEBEC ST
WILMINGTON, DE 80111
* $ -1,000 1 $ 95,000
Inlanta Mortgage, Inc.
W239 N3490 PEWAUKEE ROAD, STE.200
PEWAUKEE, WI 53072
* $ -1,000 1 $ 345,000
Liberty Savings Bank, FSB
3435 AIRBORNE RD, STE B
WILMINGTON, OH 45177
* $ 700,768,000 1 $ 165,000
Staunton Financial Inc
25800 NORTHWESTERN HIGHWAY SUITE 110
SOUTHFIELD, MI 48076
* $ -1,000 1 $ 55,000
American Financial Resources LLC
9 SYLVAN WAY
PARSIPPANY, NJ 07054
* $ -1,000 1 $ 135,000
Southern Michigan Bank & Trust
51 WEST PEARL STREET
COLDWATER, MI 49036
* $ 806,619,000 1 $ 125,000
Michigan Educational Credit Union
9200 HAGGERTY ROAD
PLYMOUTH, MI 48178
* $ -1,000 1 $ 25,000
Gold Star Mortgage Financial Group, Corporation
2350 GREEN ROAD SUITE 100B
ANN ARBOR, MI 48105
* $ -1,000 1 $ 55,000
Top Flite Financial, Inc.
123 E GRAND RIVER AVE
WILLIAMSTON, MI 48895
* $ -1,000 1 $ 135,000
Proper Rate, LLC
1800 W LARCHMONT AVE
CHICAGO, IL 60613
* $ -1,000 1 $ 305,000
Das Acquisition Company, LLC
12140 WOODCREST EXECUTIVE DRIVE, STE 150
SAINT LOUIS, MO 63141
* $ -1,000 1 $ 175,000
Alliance Catholic Credit Union
26913 NORTHWESTERN HWY STE 520
FARMINGTON HILLS, MI 48334
* $ 462,063,000 1 $ 105,000
Churchill Mortgage Corporation
761 OLD HICKORY BLVD SUITE 400
BRENTWOOD, TN 37027
* $ -1,000 1 $ 95,000
University of Michigan Credit Union
340 E. HURON
ANN ARBOR, MI 48104
* $ 953,301,000 1 $ 55,000
Lake Trust Credit Union
4605 S OLD US HIGHWAY 23
BRIGHTON, MI 48114
* $ 1,917,933,000 1 $ 145,000
Click N' Close, Inc.
15301 SPECTRUM DRIVE, SUITE 405
ADDISON, TX 75001
* $ -1,000 1 $ 125,000
Broadway National Bank
1177 NE LOOP 410
SAN ANTONIO, TX 78209
* $ 3,831,907,000 1 $ 205,000

The tables below break down 2021 mortgage applications in Crawford County, MI by loan purpose, applicant race, loan type, outcome and denial reason. Click a column heading to sort.

Mortgage Loan Application Detail Totals for Crawford 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 383 $62,675,000 $163,000 $625,000 $91,000 $511,000
Refinancing 328 $39,220,000 $119,000 $515,000 $82,000 $936,000
Cash-out Refinancing 208 $27,260,000 $131,000 $425,000 $73,000 $527,000
Home Improvement 50 $3,770,000 $75,000 $405,000 $88,000 $324,000
Other Purpose 42 $3,390,000 $80,000 $445,000 $88,000 $794,000
Not Applicable 5 $455,000 $91,000 $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 818 $108,700,000 $132,000 $625,000 $82,000 $794,000
Not Provided 134 $18,540,000 $138,000 $525,000 $91,000 $936,000
Not applicable 38 $5,760,000 $151,000 $545,000 $0 $0
Hispanic 16 $2,500,000 $156,000 $545,000 $133,000 $385,000
American Indian or Alaskan Native 4 $440,000 $110,000 $175,000 $52,000 $67,000
Black or African American 3 $475,000 $158,000 $205,000 $102,000 $139,000
Asian 1 $105,000 $105,000 $105,000 $53,000 $53,000
Native Hawaiian or Other Pacific Islander 1 $145,000 $145,000 $145,000 $80,000 $80,000

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) 770 $101,370,000 $131,000 $545,000 $91,000 $936,000
FHA-insured (Federal Housing Administration) 109 $13,635,000 $125,000 $345,000 $55,000 $148,000
VA-guaranteed (Veterans Administration) 105 $17,775,000 $169,000 $625,000 $61,000 $188,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 32 $3,990,000 $124,000 $165,000 $48,000 $117,000

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 622 $84,540,000 $135,000 $625,000 $87,000 $794,000
Application Withdrawn By Applicant 127 $19,155,000 $150,000 $625,000 $90,000 $511,000
Application Denied By Financial Institution 126 $14,810,000 $117,000 $425,000 $61,000 $384,000
File Closed For Incompleteness 66 $6,840,000 $103,000 $245,000 $81,000 $936,000
Loan Purchased By The Institution 44 $6,880,000 $156,000 $545,000 $122,000 $400,000
Application Approved But Not Accepted 29 $4,065,000 $140,000 $455,000 $80,000 $385,000
Preapproval Approved but not Accepted 2 $480,000 $240,000 $345,000 $218,000 $400,000
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 890 $121,960,000 $137,000 $625,000 $87,000 $936,000
Credit History 38 $3,750,000 $98,000 $255,000 $59,000 $248,000
Debt-To-Income Ratio 26 $3,840,000 $147,000 $425,000 $40,000 $121,000
Collateral 26 $3,070,000 $118,000 $315,000 $89,000 $384,000
Other 19 $1,435,000 $75,000 $115,000 $71,000 $248,000
Credit Application Incomplete 12 $1,990,000 $165,000 $415,000 $46,000 $107,000
Unverifiable Information 2 $170,000 $85,000 $105,000 $25,000 $51,000
Employment History 2 $420,000 $210,000 $295,000 $67,000 $100,000
Insufficient Cash (Downpayment, Closing Cost) 1 $135,000 $135,000 $135,000 $50,000 $50,000
Mortgage Insurance Denied 0 $0 $0 $0 $0 $0

About this data: figures come from the Home Mortgage Disclosure Act (HMDA) loan application records that lenders file with the FFIEC each year, and count every application (approved, denied, withdrawn or purchased), not just closed loans. Applications reported at $100 million or more are left out of these totals.

Download the Michigan Lender List