Gratiot County MI
Mortgage Loan Application
Totals and Details
for 2008

Find mortgage statistics and lending data for the Gratiot 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 Gratiot 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 1,636
Total Mortgage Loan Application Amount $137,358,000
Average Mortgage Loan Application Amount $83,000
Highest Mortgage Loan Application Amount $1,200,000
Average Applicant Income $54,000
Highest Applicant Income $1,456,000

Mortgage Company List for Lending in Gratiot County MI for 2008

* 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
FIRSTBANK - ALMA MORTGAGE CO
311 WOODWORTH AVE.
ALMA, MI 48801
* $ 260,365,000 283 $ 25,809,000
CHEMICAL BANK
333 E MAIN STREET
MIDLAND, MI 48640
* $ 3,746,851,000 145 $ 9,044,000
ISABELLA BANK
139 E. BROADWAY
MT. PLEASANT, MI 48858
* $ 919,703,000 139 $ 10,067,000
JPMORGAN CHASE BANK, NA
1111 POLARIS PARKWAY
COLUMBUS, OH 43240
* $ 1,318,888,000,000 87 $ 7,759,000
FIRSBANK - ALMA
311 WOODWORTH AVE
ALMA, MI 48846
* $ 259,780,000 82 $ 2,812,000
HFC COMPANY LLC
26525 NORTH RIVERWOODS BLVD.
METTAWA, IL 60045
* $ 15,000,000 63 $ 6,294,000
GMAC MORTGAGE LLC
1100 VIRGINIA DRIVE
FT. WASHINGTON, PA 19034
* $ 31,000,000 56 $ 5,469,000
COUNTRYWIDE BANK FSB
30930 RUSSELL RANCH ROAD MS CA6-916-02-0
WESTLAKE VILLAGE, CA 91362
* $ 121,054,736,000 52 $ 4,830,000
WELLS FARGO BANK, NA
1 HOME CAMPUS, 4TH FLOOR, MAC X2301-042
DES MOINES, IA 50328
* $ 467,861,000,000 43 $ 3,519,000
CITIMORTGAGE, INC
601 LEXINGTON AVENUE, 20TH FLOOR
NEW YORK, NY 10022
* $ 1,019,497,000,000 38 $ 3,854,000
FIFTH THIRD MORTGAGE, MI LLC
5001 KINGSLEY DRIVE MD 1MOB2W
CINCINNATI, OH 45227
* $ 48,969,650,000 27 $ 3,257,000
FLAGSTAR BANK
5151 CORPORATE DR
TROY, MI 48098
* $ 15,757,171,000 25 $ 2,454,000
NATIONAL CITY BANK
1900 E NINTH ST LOC 01-3144
CLEVELAND, OH 44114
* $ 138,755,343,000 23 $ 1,828,000
EMBRACE HOME LOANS, INC.
25 ENTERPRISE CENTER
MIDDLETOWN, RI 02842
* $ 10,000,000 23 $ 2,519,000
BANK OF AMERICA, N.A.
4500 PARK GRANADA
CALABASAS, CA 91302
* $ 1,312,794,218,000 21 $ 1,750,000
FIFTH THIRD MORTGAGE COMPANY
5001 KINGSLEY DRIVE MD 1MOB2W
CINCINNATI, OH 45227
* $ 61,450,273,000 17 $ 1,574,000
WELLS FARGO FIN'L AMERICA, INC
800 WALNUT ST, 6TH FLOOR, MAC F4031-061
DES MOINES, IA 50309
* $ 36,752,895,000 17 $ 1,798,000
ARBOR MORTGAGE CORPORATION
2311 EAST BELTLINE AVE SE 200
GRAND RAPIDS, MI 49546
* $ 15,555,000 17 $ 1,573,000
MEMBER FIRST MORTGAGE, LLC
616 44TH STREET SE
GRAND RAPIDS, MI 49548
* $ 11,800,000 15 $ 1,749,000
WARREN BANK MORTGAGE COMPANY
38880 GARFIELD
CLINTON TOWNSHIP, MI 48038
* $ 638,691,000 15 $ 1,414,000
ALLY BANK F/K/A/ GMAC BANK
1100 VIRGINIA DRIVE
FT. WASHINGTON, PA 19034
* $ 28,404,352,000 15 $ 1,543,000
CITIZENS BANK
328 S SAGINAW ST
FLINT, MI 48502
* $ 12,524,748,000 15 $ 1,183,000
BENEFICIAL COMPANY LLC
26525 NORTH RIVERWOODS BLVD.
METTAWA, IL 60045
* $ 4,017,643,000 14 $ 1,266,000
GREENSTONE FARM CREDIT SERVICES, FLCA
3515 WEST RD
EAST LANSING, MI 48823
* $ 10,000,000 14 $ 1,826,000
TAYLOR, BEAN & WHITAKER
315 NE 14TH STREET
OCALA, FL 34470
* $ 10,000,000 13 $ 1,240,000
FIRST NATIONAL BANK OF AMERICA
241 EAST SAGINAW
EAST LANSING, MI 48823
* $ 395,864,000 13 $ 640,000
CITICORP TRUST BANK, FSB
601 LEXINGTON AVENUE, 20TH FLOOR
NEW YORK, NY 10022
* $ 18,878,056,000 13 $ 1,166,000
CAPITAL ONE NA
11130 INDUSTRIALPLEX BLVD
BATON ROUGE, LA 70809
* $ 97,517,902,000 12 $ 124,000
INDEPENDENT MORTGAGE CO
230 W MAIN ST
IONIA, MI 48846
* $ 3,268,684,000 12 $ 1,279,000
CITIFINANCIAL, INC.
300 ST. PAUL PLACE
BALTIMORE, MD 21202
* $ 1,494,037,000,000 12 $ 463,000
GE MONEY BANK
4246 SOUTH RIVERBOAT RDCSUITE 200
SALT LAKE CITY, UT 84123
* $ 14,839,190,000 11 $ 145,000
NATIONSTAR MORTGAGE LLC
8950 CYPRESS WATERS BLVD.
COPPELL, TX 75019
* $ 10,000,000 11 $ 1,017,000
HALLMARK HOME MORTGAGE, LLC
7421 COLDWATER ROAD
FORT WAYNE, IN 46825
* $ 2,915,000 9 $ 701,000
PROVIDENCE MORTGAGE COMPANY
500 N HOMER
LANSING, MI 48912
* $ 10,000,000 9 $ 757,000
D & R MORTGAGE CORP
29870 MIDDLEBELT ROAD
FARMINGTON HILLS, MI 48334
* $ 10,000,000 8 $ 835,000
PHH MORTGAGE CORPORATION
1 MORTGAGE WAY
MT LAUREL, NJ 08054
* $ 31,000,000 8 $ 852,000
LAFCU
106 N MARKETPLACE BLVD
LANSING, MI 48917
* $ 453,932,000 8 $ 235,000
ELOAN
9600 WEST BRYN MAWR
ROSEMONT, IL 60018
* $ 48,624,000,000 8 $ 806,000
FIFTH THIRD BANK MICHIGAN
5001 KINGSLEY DRIVE MD 1MOB2W
CINCINNATI, OH 45227
* $ 53,421,606,000 8 $ 725,000
MORTGAGE CENTER L.C
29621 NORTHWESTERN HWY
SOUTHFIELD, MI 48034
* $ 30,000,000 7 $ 610,000
SHORE MORTGAGE
770 S. ADAMS ROAD #300
BIRMINGHAM, MI 48009
* $ 10,000,000 7 $ 790,000
DOW CHEMICAL EMPLOYEES'
600 E. LYON ROAD P.O. BOX 1649
MIDLAND, MI 48641
* $ 1,066,680,000 6 $ 486,000
INDEPENDENT BANK
4200 EAST BELTLINE
GRAND RAPIDS, MI 49525
* $ 3,268,684,000 6 $ 130,000
WELLS FARGO FUNDING, INC
100 N MAIN STREEET MAC D4001-063
WINSTON-SALEM, NC 27150
* $ 25,457,000 6 $ 542,000
AMERA MORTGAGE CORPORATION
1050 CORPORATE OFFICE DR #200
MILFORD, MI 48381
* $ 1,247,334,000 6 $ 545,000
THE HUNTINGTON NATIONAL BANK
7575 HUNTINGTON PARK DR
COLUMBUS, OH 43235
* $ 54,098,791,000 6 $ 519,000
FIRSTBANK - ST JOHNS MTG CO
201 N CLINTON AVE
ST JOHNS, MI 48879
* $ 35,330,000 6 $ 624,000
JOURNEY FEDERAL CREDIT UNION
1200 ZEEB DRIVE
ST. JOHNS, MI 48879
* $ 67,968,000 6 $ 347,000
MICHIGAN STATE UNIVERSITY FEDERAL CREDIT UNION
3777 WEST ROAD
EAST LANSING, MI 48823
* $ 1,450,443,000 6 $ 463,000
FIRST STATE MORTGAGE SERVICES, LLC
502 N HERSHEY ROAD
BLOOMINGTON, IL 61704
* $ 327,995,000 5 $ 481,000
CITIBANK, N.A.
601 LEXINGTON AVENUE, 20TH FLOOR
NEW YORK, NY 10022
* $ 1,251,715,000,000 5 $ 184,000
US BANK, N.A.
777 EAST WISCONSIN AVE
MILWAUKEE, WI 53202
* $ 232,759,503,000 5 $ 626,000
ASSURITY FINANCIAL SERVICES
6025 SOUTH QUEBEC STREET, #260
ENGLEWOOD, CO 80111
* $ 10,000,000 5 $ 408,000
NUUNION CREDIT UNION
501 S CAPITOL
LANSING, MI 48933
* $ 794,379,000 4 $ 155,000
MICHIGAN ONE COMMUNITY CREDIT UNION
510 S DEXTER ST.
IONIA, MI 48846
* $ 48,164,000 4 $ 461,000
LAKE MICHIGAN CREDIT UNION
PO BOX 2848
GRAND RAPIDS, MI 49501
* $ 1,285,200,000 4 $ 350,000
FIRST TENNESSEE BANK NA
165 MADISON 5TH FLOOR
MEMPHIS, TN 38103
* $ 36,725,591,000 4 $ 417,000
CAPITAL ONE HOME LOANS, LLC
12800 FOSTER STREET
OVERLAND PARK, KS 66213
* $ 88,701,411,000 4 $ 502,000
USAA FEDERAL SAVINGS BANK
10750 MCDERMOTT FREEWAY
SAN ANTONIO, TX 78288
* $ 30,219,506,000 4 $ 400,000
STATE FARM BANK
1 STATE FARM PLAZA
BLOOMINGTON, IL 61710
* $ 15,898,003,000 4 $ 180,000
AMTRUST BANK
1801 E. 9TH ST #200
CLEVELAND, OH 44114
* $ 16,938,391,000 4 $ 251,000
PROGRESSIVE MORTGAGE COMPANY
125 S. FIFTH AVE.
ANN ARBOR, MI 48104
* $ 327,000,000 3 $ 217,000
RBS CITIZENS, N.A.
ONE CITIZENS PLAZA
PROVIDENCE, RI 02903
* $ 128,863,082,000 3 $ 202,000
COUNTRYWIDE HOME LOANS
30930 RUSSELL RANCH ROAD MS WLRR-148
WESTLAKE VILLAGE, CA 91362
* $ 199,946,230,000 3 $ 299,000
1ST ADVANTAGE MORTGAGE
701 E 22ND ST, STE 125
LOMBARD, IL 60148
* $ 10,000,000 3 $ 427,000
UNITED FINANCIAL CREDIT UNION
4685 STATE ST.
SAGINAW, MI 48603
* $ 93,572,000 3 $ 224,000
HOME LOAN CENTER
163 TECHNOLOGY DRIVE
IRVINE, CA 92618
* $ 10,000,000 3 $ 368,000
FIRST RESIDENTIAL MORTGAGE
9721 ORMSBY STATION RD.
LOUISVILLE, KY 40223
* $ 10,000,000 3 $ 355,000
CASTLE POINT MORTGAGE, INC.
7 ENTIN ROAD, STE. 102
PARSIPPANY, NJ 07054
* $ 16,999,000 3 $ 202,000
FIRST GUARANTY MORTGAGE CORPORATION
1900 GALLOWS ROAD, SUITE 800
TYSONS CORNER, VA 22182
* $ 10,000,000 3 $ 240,000
GREENLIGHT FINANCIAL SERVICES
18200 VON KARMAN STE #300
IRVINE, CA 92612
* $ 10,000,000 3 $ 341,000
HOMEPLUS FINANCE CORPORATION
2143 S. SEPULVEDA BLVD
LOS ANGELES, CA 90025
* $ 40,000,000 3 $ 28,000
FRANKLIN AMERICAN MORTGAGE CO
501 CORPORATE CENTRE DRIVE, SUITE 400
FRANKLIN, TN 37067
* $ 10,000,000 2 $ 165,000
HOMECOMINGS FINANCIAL LLC
1100 VIRGINIA DRIVE
FT. WASHINGTON, PA 19034
* $ 10,000,000 2 $ 274,000
IDEAL MORTGAGE BANKERS, LTD
520 BROADHOLLOW ROAD
MELVILLE, NY 11747
* $ 10,000,000 2 $ 228,000
NATIONWIDE MORTGAGE CONCEPTS,
40380 DESERT CREEK LANE
RANCHO MIRAGE, CA 92270
* $ 10,000,000 2 $ 158,000
ORIGEN FINANCIAL SERVICES LLC
27777 FRANKLIN ROAD SUITE 1710
SOUTHFIELD, MI 48034
* $ 10,000,000 2 $ 57,000
AMERICAN GENERAL FIN.SERV.(DE)
601 N.W. SECOND STREET, P.O. BOX 59
EVANSVILLE, IN 47701
* $ 10,000,000 2 $ 19,000
TRANEX FINANCIAL INC.
26200 AMERICAN DRIVE
SOUTHFIELD, MI 48034
* $ 10,000,000 2 $ 325,000
FIRST NATIONAL ACCEPTANCE COMPANY
241 EAST SAGINAW/P.O. BOX 980
EAST LANSING, MI 48826
* $ 10,498,000 2 $ 115,000
SUNTRUST MORTGAGE, INC
901 SEMMES AVENUE
RICHMOND, VA 23224
* $ 175,107,526,000 2 $ 234,000
SOUTH CENTRAL BANK, NATIONAL ASSOCIATION
525 W ROOSEVELT RD
CHICAGO, IL 60607
* $ 209,465,000 2 $ 15,000
CAPITOL NATIONAL BANK
200 N WASHINGTON SQUARE
LANSING, MI 48933
* $ 228,908,000 2 $ 218,000
FIRSTBANK - WEST MICHIGAN
302 W MAIN ST
IONIA, MI 48846
* $ 237,977,000 2 $ 187,000
WOLVERINE BANK FSB
5710 EASTMAN AVE
MIDLAND, MI 48640
* $ 311,585,000 2 $ 340,000
NPB MORTGAGE LLC
3333 DEPOSIT DRIVE NE
GRAND RAPIDS, MI 49546
* $ 145,000,000 2 $ 312,000
GATEWAY BANK, FSB
2336 MERCED STREET
SAN LEANDRO, CA 94577
* $ 403,955,000 2 $ 232,000
WACHOVIA MORTGAGE FSB
TONYA YOUNG 100 N MAIN ST MAC D4001-063
WINSTON-SALEM, NC 27101
* $ 56,294,475,000 1 $ 118,000
MIDFIRST BANK
501 NW GRAND BLVD.
OKLAHOMA CITY, OK 73118
* $ 12,970,989,000 1 $ 104,000
AURORA BANK FSB
1271 SIXTH AVENUE, 46TH FLOOR
NEW YORK, NY 10020
* $ 16,047,364,000 1 $ 52,000
FIRST PLACE BANK
185 EAST MARKET
WARREN, OH 44481
* $ 33,000 1 $ 132,000
WILDFIRE CREDIT UNION
6640 BAY RD
SAGINAW, MI 48604
* $ 443,804,000 1 $ 39,000
PFCU
9077 CHARLOTTE HWY
PORTLAND, MI 48875
* $ 195,301,000 1 $ 103,000
NFCU
820 FOLLIN LANE
VIENNA, VA 22180
* $ 33,011,920,000 1 $ 250,000
WANIGAS CREDIT UNION
4026 SHATTUCK RD
SAGINAW, MI 48603
* $ 226,072,000 1 $ 61,000
FINANCIAL PLUS CREDIT UNION
G-3381 VAN SLYKE RD, P.O. BOX 7006
FLINT, MI 48507
* $ 287,384,000 1 $ 100,000
FIRSTBANK - ST JOHNS
201 N CLINTON AVE
ST JOHNS, MI 48879
* $ 71,380,000 1 $ 35,000
1ST STATE FINANCIAL, LTD.
PO BOX 1468
SAGINAW, MI 48605
* $ 124,655,000 1 $ 85,000
SSBB MORTGAGE, LLC
PO BOX 427
STOCKBRIDGE, MI 49285
* $ 80,104,000 1 $ 165,000
BANK OF ENGLAND
PO BOX 70
ENGLAND, AR 72046
* $ 150,508,000 1 $ 68,000
WELLS FARGO FIN'L MICHIGAN
800 WALNUT ST, 6TH FLOOR, MAC F4031-061
DES MOINES, IA 50309
* $ 36,752,895,000 1 $ 80,000
EAGLE NATIONAL BANK
8045 WEST CHESTER PIKE
UPPER DARBY, PA 19082
* $ 210,664,000 1 $ 123,000
US BANK NORTH DAKOTA
777 EAST WISCONSIN AVE
MILWAUKEE, WI 53202
* $ 5,028,246,000 1 $ 30,000
METLIFE BANK, N.A.
334 MADISON AVENUE
CONVENT STATION, NJ 07961
* $ 7,406,877,000 1 $ 101,000
AMERICANMTGNETWORK DBA VERTICE
TONYA YOUNG 100 N MAIN ST MAC D4001-063
WINSTON-SALEM, NC 27101
* $ 473,000,000,000 1 $ 52,000
WINTRUST MORTGAGE CORPORATION
660 MIDWEST RD SUITE 100
OAK BROOK TERRACE, IL 60181
* $ 300,000,000 1 $ 135,000
PRIMELENDING, A PLAINSCAPITAL COMPANY
18111 PRESTON ROAD SUITE 900
DALLAS, TX 75252
* $ 3,154,401,000 1 $ 112,000
BBC FUNDING CORPORATION
6230 ORCHARD LAKE ROAD
WEST BLOOMFIELD, MI 48322
* $ 10,000,000 1 $ 132,000
VAN DYK MORTGAGE CORPORATION
2449 CAMELOT CT SE
GRAND RAPIDS, MI 49546
* $ 10,000,000 1 $ 132,000
GUARANTEED RATE, INC.
3940 NORTH RAVENSWOOD AVE
CHICAGO, IL 60613
* $ 10,000,000 1 $ 79,000
NEW DAY FINANCIAL, LLC
8160 MAPLE LAWN BLVD.
FULTON, MD 20759
* $ 4,088,336,000 1 $ 103,000
RESIDENTIAL FUNDING CORP. LLC
1100 VIRGINIA DRIVE
FT. WASHINGTON, PA 19034
* $ 10,000,000 1 $ 19,000
VILLAGE CAPITAL & INVESTMENT LLC
2863 ST. ROSE PARKWAY
HENDERSON, NV 89052
* $ 11,000,000 1 $ 125,000
FIRST OHIO BANC & LENDING INC
6100 ROCKSIDE WOODS BLVD
INDEPENDENCE, OH 44131
* $ 10,000,000 1 $ 135,000
MICHIGAN SCHOOLS AND GOVERNMENT
40400 GARFIELD ROAD
CLINTON TOWNSHIP, MI 48038
* $ 839,762,000 1 $ 90,000
AMALGAMATED CREDIT UNION
4686 FASHION SQUARE BLVD.
SAGINAW, MI 48604
* $ 42,330,000 1 $ 13,000
TEAM ONE CREDIT UNION
520 HAYDEN
SAGINAW, MI 48607
* $ 257,837,000 1 $ 95,000
ADVENTURE CREDIT UNION
630 32ND ST SE
GRAND RAPIDS, MI 49548
* $ 238,485,000 1 $ 2,000
CONSUMERS PROFESSIONAL CREDIT UNION
525 W WILLOW STREET
LANSING, MI 48906
* $ 57,610,000 1 $ 63,000
CSMC, INC
10425 W NORTH AVENUE SUITE 100
WAUWATOSA, WI 53226
* $ 10,000,000 1 $ 138,000
ENVOY MORTGAGE, LTD
5100 WESTHEIMER RD, STE 320
HOUSTON, TX 77056
* $ 10,000,000 1 $ 101,000
ALLEN MORTGAGE, LLC
P.O. BOX 1168
CENTENNIAL PARK, AZ 86021
* $ 10,000,000 1 $ 93,000
UNION FINANCIAL SERVICES, INC.
2073 E MAPLE RD
TROY, MI 48083
* $ 213,000,000 1 $ 117,000
NATIONWIDE ADVANTAGE MORTGAGE
1100 LOCUST ST
DES MOINES, IA 50391
* $ 31,000,000 1 $ 138,000
MBS MORTGAGE COMPANY LLC
28345 BECK RD.
WIXOM, MI 48393
* $ 10,000,000 1 $ 56,000
BIRMINGHAM BANCORP MORTGAGE
6230 ORCHARD LAKE ROAD
WEST BLOOMFIELD, MI 48322
* $ 10,000,000 1 $ 84,000
ACCREDITED HOME LENDERS, INC
15253 AVENUE OF SCIENCE BLDG 1
SAN DIEGO, CA 92128
* $ 10,000,000 1 $ 95,000
FREEDOM MORTGAGE CORP.
10500 KINCAID DR. STE. 300
FISHERS, IN 46037
* $ 10,000,000 1 $ 69,000
SUMMIT MORTGAGE CORPORATION
13355 10TH AVE N, #100
PLYMOUTH, MN 55441
* $ 10,000,000 1 $ 145,000
RMC VANGUARD
7670 WOODWAY, SUITE 162
HOUSTON, TX 77063
* $ 20,000,000 1 $ 80,000
CHURCHILL MORTGAGE CORPORATION
761 OLD HICKORY BLVD, SUITE 400
BRENTWOOD, TN 37027
* $ 10,000,000 1 $ 103,000
PLATINUM HOME MORTGAGE CORPORATION
2200 HICKS RD, STE 101
ROLLING MEADOWS, IL 60008
* $ 10,000,000 1 $ 86,000
IFREEDOM DIRECT CORPORATION
124 N. CHARLES LINDBERGH DRIVE
SLC, UT 84116
* $ 10,000,000 1 $ 141,000

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 Gratiot County MI in 2008

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 1,014 $95,894,000 $94,000 $1,200,000 $57,000 $1,456,000
Home Purchase 407 $33,997,000 $83,000 $413,000 $47,000 $787,000
Home Improvement 215 $7,467,000 $34,000 $184,000 $57,000 $823,000

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 1,409 $117,640,000 $83,000 $1,200,000 $55,000 $823,000
Not Provided 85 $6,273,000 $73,000 $210,000 $44,000 $168,000
Not applicable 77 $7,987,000 $103,000 $300,000 $54,000 $1,456,000
Hispanic 46 $3,511,000 $76,000 $200,000 $45,000 $128,000
American Indian or Alaskan Native 6 $300,000 $50,000 $80,000 $69,000 $211,000
Black or African American 6 $548,000 $91,000 $216,000 $56,000 $84,000
Asian 5 $966,000 $193,000 $271,000 $192,000 $379,000
Native Hawaiian or Other Pacific Islander 2 $133,000 $66,000 $103,000 $22,000 $33,000

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) 1,250 $99,933,000 $79,000 $1,200,000 $60,000 $1,456,000
FHA-insured (Federal Housing Administration) 307 $30,757,000 $100,000 $275,000 $38,000 $201,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 69 $5,554,000 $80,000 $173,000 $30,000 $83,000
VA-guaranteed (Veterans Administration) 10 $1,114,000 $111,000 $169,000 $31,000 $97,000

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 791 $62,748,000 $79,000 $1,200,000 $65,000 $1,456,000
Application Denied By Financial Institution 442 $36,571,000 $82,000 $413,000 $49,000 $252,000
Loan Purchased By The Institution 154 $15,351,000 $99,000 $285,000 $23,000 $201,000
Application Approved But Not Accepted 129 $11,570,000 $89,000 $280,000 $52,000 $235,000
Application Withdrawn By Applicant 106 $9,961,000 $93,000 $275,000 $46,000 $135,000
File Closed For Incompleteness 14 $1,157,000 $82,000 $245,000 $52,000 $117,000
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 72 $4,112,000 $57,000 $146,000 $47,000 $211,000
Collateral 56 $6,343,000 $113,000 $274,000 $62,000 $252,000
Debt-To-Income Ratio 30 $2,553,000 $85,000 $413,000 $43,000 $240,000
Other 23 $1,553,000 $67,000 $216,000 $45,000 $113,000
Credit Application Incomplete 13 $1,127,000 $86,000 $132,000 $44,000 $90,000
Unverifiable Information 9 $714,000 $79,000 $174,000 $72,000 $168,000
Mortgage Insurance Denied 2 $433,000 $216,000 $271,000 $77,000 $105,000
Employment History 1 $99,000 $99,000 $99,000 $42,000 $42,000
Insufficient Cash (Downpayment, Closing Cost) 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