Iosco County MI
Mortgage Loan Application
Totals and Details
for 2008

Find mortgage statistics and lending data for the Iosco 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 Iosco 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 1,047
Total Mortgage Loan Application Amount $100,596,000
Average Mortgage Loan Application Amount $96,000
Highest Mortgage Loan Application Amount $417,000
Average Applicant Income $57,000
Highest Applicant Income $548,000

Mortgage Company List for Lending in Iosco 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
JPMORGAN CHASE BANK, NA
1111 POLARIS PARKWAY
COLUMBUS, OH 43240
* $ 1,318,888,000,000 93 $ 8,667,000
INDEPENDENT MORTGAGE CO
230 W MAIN ST
IONIA, MI 48846
* $ 3,268,684,000 85 $ 8,201,000
COUNTRYWIDE BANK FSB
30930 RUSSELL RANCH ROAD MS CA6-916-02-0
WESTLAKE VILLAGE, CA 91362
* $ 121,054,736,000 69 $ 8,222,000
GMAC MORTGAGE LLC
1100 VIRGINIA DRIVE
FT. WASHINGTON, PA 19034
* $ 31,000,000 63 $ 6,378,000
NATIONAL CITY BANK
1900 E NINTH ST LOC 01-3144
CLEVELAND, OH 44114
* $ 138,755,343,000 59 $ 5,396,000
INDEPENDENT BANK
4200 EAST BELTLINE
GRAND RAPIDS, MI 49525
* $ 3,268,684,000 42 $ 990,000
FLAGSTAR BANK
5151 CORPORATE DR
TROY, MI 48098
* $ 15,757,171,000 38 $ 3,532,000
CITIFINANCIAL, INC.
300 ST. PAUL PLACE
BALTIMORE, MD 21202
* $ 1,494,037,000,000 31 $ 1,269,000
EMBRACE HOME LOANS, INC.
25 ENTERPRISE CENTER
MIDDLETOWN, RI 02842
* $ 10,000,000 29 $ 2,764,000
WELLS FARGO BANK, NA
1 HOME CAMPUS, 4TH FLOOR, MAC X2301-042
DES MOINES, IA 50328
* $ 467,861,000,000 25 $ 2,686,000
CITIMORTGAGE, INC
601 LEXINGTON AVENUE, 20TH FLOOR
NEW YORK, NY 10022
* $ 1,019,497,000,000 24 $ 2,570,000
CHEMICAL BANK
333 E MAIN STREET
MIDLAND, MI 48640
* $ 3,746,851,000 21 $ 2,369,000
ALLY BANK F/K/A/ GMAC BANK
1100 VIRGINIA DRIVE
FT. WASHINGTON, PA 19034
* $ 28,404,352,000 20 $ 2,196,000
BANK OF AMERICA, N.A.
4500 PARK GRANADA
CALABASAS, CA 91302
* $ 1,312,794,218,000 18 $ 1,548,000
HFC COMPANY LLC
26525 NORTH RIVERWOODS BLVD.
METTAWA, IL 60045
* $ 15,000,000 17 $ 1,585,000
TAYLOR, BEAN & WHITAKER
315 NE 14TH STREET
OCALA, FL 34470
* $ 10,000,000 15 $ 1,522,000
FIFTH THIRD MORTGAGE, MI LLC
5001 KINGSLEY DRIVE MD 1MOB2W
CINCINNATI, OH 45227
* $ 48,969,650,000 14 $ 1,853,000
ELOAN
9600 WEST BRYN MAWR
ROSEMONT, IL 60018
* $ 48,624,000,000 13 $ 1,254,000
CITIZENS BANK
328 S SAGINAW ST
FLINT, MI 48502
* $ 12,524,748,000 13 $ 1,712,000
FIFTH THIRD MORTGAGE COMPANY
5001 KINGSLEY DRIVE MD 1MOB2W
CINCINNATI, OH 45227
* $ 61,450,273,000 12 $ 1,813,000
WELLS FARGO FUNDING, INC
100 N MAIN STREEET MAC D4001-063
WINSTON-SALEM, NC 27150
* $ 25,457,000 10 $ 722,000
WILDFIRE CREDIT UNION
6640 BAY RD
SAGINAW, MI 48604
* $ 443,804,000 10 $ 406,000
MORTGAGE CENTER L.C
29621 NORTHWESTERN HWY
SOUTHFIELD, MI 48034
* $ 30,000,000 9 $ 577,000
SHORE MORTGAGE
770 S. ADAMS ROAD #300
BIRMINGHAM, MI 48009
* $ 10,000,000 9 $ 1,051,000
PHH MORTGAGE CORPORATION
1 MORTGAGE WAY
MT LAUREL, NJ 08054
* $ 31,000,000 9 $ 1,281,000
FIRST NATIONAL BANK OF AMERICA
241 EAST SAGINAW
EAST LANSING, MI 48823
* $ 395,864,000 9 $ 234,000
MEMBER FIRST MORTGAGE, LLC
616 44TH STREET SE
GRAND RAPIDS, MI 49548
* $ 11,800,000 8 $ 687,000
BIRMINGHAM BANCORP MORTGAGE
6230 ORCHARD LAKE ROAD
WEST BLOOMFIELD, MI 48322
* $ 10,000,000 7 $ 545,000
ARBOR MORTGAGE CORPORATION
2311 EAST BELTLINE AVE SE 200
GRAND RAPIDS, MI 49546
* $ 15,555,000 7 $ 663,000
FRANKLIN AMERICAN MORTGAGE CO
501 CORPORATE CENTRE DRIVE, SUITE 400
FRANKLIN, TN 37067
* $ 10,000,000 7 $ 518,000
WELLS FARGO FIN'L AMERICA, INC
800 WALNUT ST, 6TH FLOOR, MAC F4031-061
DES MOINES, IA 50309
* $ 36,752,895,000 7 $ 460,000
WARREN BANK MORTGAGE COMPANY
38880 GARFIELD
CLINTON TOWNSHIP, MI 48038
* $ 638,691,000 7 $ 670,000
AMTRUST BANK
1801 E. 9TH ST #200
CLEVELAND, OH 44114
* $ 16,938,391,000 6 $ 949,000
FIRST PLACE BANK
185 EAST MARKET
WARREN, OH 44481
* $ 33,000 6 $ 808,000
US BANK, N.A.
777 EAST WISCONSIN AVE
MILWAUKEE, WI 53202
* $ 232,759,503,000 6 $ 812,000
NATIONSTAR MORTGAGE LLC
8950 CYPRESS WATERS BLVD.
COPPELL, TX 75019
* $ 10,000,000 6 $ 551,000
MICHIGAN SCHOOLS AND GOVERNMENT
40400 GARFIELD ROAD
CLINTON TOWNSHIP, MI 48038
* $ 839,762,000 5 $ 583,000
AMERA MORTGAGE CORPORATION
1050 CORPORATE OFFICE DR #200
MILFORD, MI 48381
* $ 1,247,334,000 5 $ 455,000
BENEFICIAL FINANCIAL I, INC.
26525 NORTH RIVERWOODS BLVD.
METTAWA, IL 60045
* $ 11,000,000 5 $ 418,000
CF BANCORP MORTGAGE COMPANY
525 WATER STREET
PORT HURON, MI 48060
* $ 1,422,966,000 4 $ 572,000
NPB MORTGAGE LLC
3333 DEPOSIT DRIVE NE
GRAND RAPIDS, MI 49546
* $ 145,000,000 4 $ 334,000
EVERBANK
8100 NATIONS WAY
JACKSONVILLE, FL 32256
* $ 5,518,089,000 4 $ 348,000
USAA FEDERAL SAVINGS BANK
10750 MCDERMOTT FREEWAY
SAN ANTONIO, TX 78288
* $ 30,219,506,000 4 $ 366,000
BENEFICIAL COMPANY LLC
26525 NORTH RIVERWOODS BLVD.
METTAWA, IL 60045
* $ 4,017,643,000 4 $ 334,000
COUNTRYWIDE HOME LOANS
30930 RUSSELL RANCH ROAD MS WLRR-148
WESTLAKE VILLAGE, CA 91362
* $ 199,946,230,000 4 $ 409,000
THE HUNTINGTON NATIONAL BANK
7575 HUNTINGTON PARK DR
COLUMBUS, OH 43235
* $ 54,098,791,000 4 $ 206,000
CAPITAL ONE NA
11130 INDUSTRIALPLEX BLVD
BATON ROUGE, LA 70809
* $ 97,517,902,000 4 $ 22,000
GENISYS
2100 EXECUTIVE HILLS BLVD
AUBURN HILLS, MI 48326
* $ 588,699,000 4 $ 433,000
FINANCIAL PLUS CREDIT UNION
G-3381 VAN SLYKE RD, P.O. BOX 7006
FLINT, MI 48507
* $ 287,384,000 4 $ 228,000
JOLT CREDIT UNION
6180 STATE STREET
SAGINAW, MI 48603
* $ 211,377,000 3 $ 324,000
WANIGAS CREDIT UNION
4026 SHATTUCK RD
SAGINAW, MI 48603
* $ 226,072,000 3 $ 270,000
SECURITY CREDIT UNION
3801 W BOULEVARD DR BOX 5160
FLINT, MI 48505
* $ 260,620,000 3 $ 217,000
FINANCIALEDGE COMMUNITY CREDIT UNION
1199 S. EUCLID AVE.
BAY CITY, MI 48706
* $ 50,508,000 3 $ 123,000
CAPITAL MORTGAGE FUNDING, LLC
17170 WEST 12 MILE ROAD
SOUTHFIELD, MI 48076
* $ 10,000,000 3 $ 425,000
NEW DAY FINANCIAL, LLC
8160 MAPLE LAWN BLVD.
FULTON, MD 20759
* $ 4,088,336,000 3 $ 292,000
NATIONWIDE ADVANTAGE MORTGAGE
1100 LOCUST ST
DES MOINES, IA 50391
* $ 31,000,000 3 $ 310,000
TCF NATIONAL BANK
2508 LOUISE AVE S (002-01-P)
SIOUX FALLS, SD 57106
* $ 16,041,338,000 3 $ 325,000
US BANK NORTH DAKOTA
777 EAST WISCONSIN AVE
MILWAUKEE, WI 53202
* $ 5,028,246,000 3 $ 426,000
RBS CITIZENS, N.A.
ONE CITIZENS PLAZA
PROVIDENCE, RI 02903
* $ 128,863,082,000 3 $ 62,000
MIDFIRST BANK
501 NW GRAND BLVD.
OKLAHOMA CITY, OK 73118
* $ 12,970,989,000 3 $ 154,000
GE MONEY BANK
4246 SOUTH RIVERBOAT RDCSUITE 200
SALT LAKE CITY, UT 84123
* $ 14,839,190,000 3 $ 19,000
WACHOVIA MORTGAGE FSB
TONYA YOUNG 100 N MAIN ST MAC D4001-063
WINSTON-SALEM, NC 27101
* $ 56,294,475,000 2 $ 153,000
FIFTH THIRD BANK MICHIGAN
5001 KINGSLEY DRIVE MD 1MOB2W
CINCINNATI, OH 45227
* $ 53,421,606,000 2 $ 105,000
COMERICA BANK
500 WOODWARD AVE - MC 3352
DETROIT, MI 48226
* $ 62,539,056,000 2 $ 225,000
THUMB NATIONAL MORTGAGE LLC
7254 MICHIGAN AVE
PIGEON, MI 48755
* $ 181,354,000 2 $ 105,000
WELLS FARGO FIN'L MICHIGAN
800 WALNUT ST, 6TH FLOOR, MAC F4031-061
DES MOINES, IA 50309
* $ 36,752,895,000 2 $ 201,000
HSBC MORTGAGE CORP
2929 WALDEN AVE
DEPEW, NY 14043
* $ 92,958,000 2 $ 311,000
CAPITAL ONE HOME LOANS, LLC
12800 FOSTER STREET
OVERLAND PARK, KS 66213
* $ 88,701,411,000 2 $ 289,000
FIRST TENNESSEE BANK NA
165 MADISON 5TH FLOOR
MEMPHIS, TN 38103
* $ 36,725,591,000 2 $ 280,000
ORIGEN FINANCIAL SERVICES LLC
27777 FRANKLIN ROAD SUITE 1710
SOUTHFIELD, MI 48034
* $ 10,000,000 2 $ 22,000
RESIDENTIAL FUNDING CORP. LLC
1100 VIRGINIA DRIVE
FT. WASHINGTON, PA 19034
* $ 10,000,000 2 $ 118,000
AMERISAVE MORTGAGE CORPORATION
3525 PIEDMONT RD NE, 8 PIEDMONT CTR STE
ATLANTA, GA 30305
* $ 8,994,122,000 2 $ 298,000
GUARDIAN MORTGAGE COMPANY, INC
100 N. CENTRAL EXPRESSWAY SUITE 190
RICHARDSON, TX 75083
* $ 10,000,000 2 $ 179,000
FIRST GUARANTY MORTGAGE CORPORATION
1900 GALLOWS ROAD, SUITE 800
TYSONS CORNER, VA 22182
* $ 10,000,000 2 $ 163,000
SECURITY ATLANTIC WHOLESALE
499 THORNALL ST, SUITE 220
EDISON, NJ 08837
* $ 10,000,000 2 $ 288,000
FIRST OHIO BANC & LENDING INC
6100 ROCKSIDE WOODS BLVD
INDEPENDENCE, OH 44131
* $ 10,000,000 2 $ 292,000
1ST ADVANTAGE MORTGAGE
701 E 22ND ST, STE 125
LOMBARD, IL 60148
* $ 10,000,000 2 $ 429,000
AMERIPRISE BANK, FSB
707 2ND AVENUE SOUTH
MINNEAPOLIS, MN 55474
* $ 1,560,922,000 2 $ 224,000
NFCU
820 FOLLIN LANE
VIENNA, VA 22180
* $ 33,011,920,000 2 $ 208,000
MERRILL LYNCH CREDIT CORP.
4804 DEER LAKE DRIVE EAST BLDG 3 FL 5
JACKSONVILLE, FL 32246
* $ 4,500,000,000 2 $ 461,000
EVERHOME MORTGAGE COMPANY
8100 NATIONS WAY
JACKSONVILLE, FL 32256
* $ 3,027,261,000 2 $ 70,000
MICHIGAN STATE UNIVERSITY FEDERAL CREDIT UNION
3777 WEST ROAD
EAST LANSING, MI 48823
* $ 1,450,443,000 2 $ 390,000
DOW CHEMICAL EMPLOYEES'
600 E. LYON ROAD P.O. BOX 1649
MIDLAND, MI 48641
* $ 1,066,680,000 2 $ 408,000
FREESTAR FINANCIAL CREDIT UNION
PO BOX 2800
MT CLEMENS, MI 48046
* $ 103,852,000 1 $ 12,000
COPOCO COMMUNITY CREDIT UNION
4265 E WILDER RD
BAY CITY, MI 48706
* $ 56,530,000 1 $ 197,000
MICHIGAN EDUCATIONAL
9200 HAGGERTY ROAD
PLYMOUTH, MI 48170
* $ 490,619,000 1 $ 74,000
SIGNATURE FEDERAL CREDIT UNION
12 HERBERT ST.
ALEXANDRIA, VA 22313
* $ 197,273,000 1 $ 75,000
LAFCU
106 N MARKETPLACE BLVD
LANSING, MI 48917
* $ 453,932,000 1 $ 28,000
CHARLES SCHWAB BANK
211 MAIN STREET
SAN FRANCISCO, CA 94105
* $ 14,762,983,000 1 $ 201,000
DFCU FINANCIAL
400 TOWN CENTER DRIVE
DEARBORN, MI 48126
* $ 1,868,073,000 1 $ 165,000
D & R MORTGAGE CORP
29870 MIDDLEBELT ROAD
FARMINGTON HILLS, MI 48334
* $ 10,000,000 1 $ 62,000
MORTGAGE IT INC
60 WALL ST
NEW YORK, NY 10005
* $ 10,000,000 1 $ 111,000
PROVIDENCE MORTGAGE COMPANY
500 N HOMER
LANSING, MI 48912
* $ 10,000,000 1 $ 163,000
ENVOY MORTGAGE, LTD
5100 WESTHEIMER RD, STE 320
HOUSTON, TX 77056
* $ 10,000,000 1 $ 106,000
PLAZA HOME MORTGAGE, INC
5090 SHOREHAM PLACE, SUITE #206
SAN DIEGO, CA 92122
* $ 10,000,000 1 $ 109,000
MLD MORTGAGE INC.
30B VREELAND ROAD
FLORHAM PARK, NJ 07932
* $ 10,000,000 1 $ 113,000
GMS FUNDING, LLC
824 MEETING STREET
WEST COLUMBIA, SC 29169
* $ 417,745,000 1 $ 170,000
LAKE HURON CREDIT UNION
1540 TITTABAWASSEE RD
SAGINAW, MI 48604
* $ 39,842,000 1 $ 135,000
UNITED FINANCIAL CREDIT UNION
4685 STATE ST.
SAGINAW, MI 48603
* $ 93,572,000 1 $ 68,000
FRANKENMUTH CREDIT UNION
580 N. MAIN ST., PO BOX 209
FRANKENMUTH, MI 48734
* $ 179,251,000 1 $ 25,000
ELGA CREDIT UNION
2303 S. CENTER ROAD
BURTON, MI 48519
* $ 220,089,000 1 $ 72,000
LAKE TRUST CREDIT UNION
4605 S OLD US HIGHWAY 23
BRIGHTON, MI 48114
* $ 702,789,000 1 $ 150,000
TEAM ONE CREDIT UNION
520 HAYDEN
SAGINAW, MI 48607
* $ 257,837,000 1 $ 50,000
LAKE MICHIGAN CREDIT UNION
PO BOX 2848
GRAND RAPIDS, MI 49501
* $ 1,285,200,000 1 $ 20,000
CREDIT UNION ONE
400 E NINE MILE RD
FERNDALE, MI 48220
* $ 764,137,000 1 $ 5,000
FREEDOM MORTGAGE CORP.
10500 KINCAID DR. STE. 300
FISHERS, IN 46037
* $ 10,000,000 1 $ 86,000
PROVIDENT FUNDING ASSOCIATES, L.P.
851 TRAEGER AVENUE, SUITE 100
SAN BRUNO, CA 94066
* $ 10,000,000 1 $ 117,000
HOMEBRIDGE FINANCIAL SERVICES, INC.
194 WOOD AVE S, 9TH FLOOR
ISELIN, NJ 08830
* $ 10,000,000 1 $ 171,000
HOMECOMINGS FINANCIAL LLC
1100 VIRGINIA DRIVE
FT. WASHINGTON, PA 19034
* $ 10,000,000 1 $ 76,000
TRANEX FINANCIAL INC.
26200 AMERICAN DRIVE
SOUTHFIELD, MI 48034
* $ 10,000,000 1 $ 156,000
PREMIUM CAPITAL FUNDING LLC
125 JERICHO TPKE
JERICHO, NY 11753
* $ 10,000,000 1 $ 125,000
PHH HOME LOANS, LLC
1 MORTGAGE WAY 2ND FLOOR
MT LAUREL, NJ 08054
* $ 4,597,939,000 1 $ 80,000
IDEAL MORTGAGE BANKERS, LTD
520 BROADHOLLOW ROAD
MELVILLE, NY 11747
* $ 10,000,000 1 $ 109,000
GREENLIGHT FINANCIAL SERVICES
18200 VON KARMAN STE #300
IRVINE, CA 92612
* $ 10,000,000 1 $ 196,000
CASTLE POINT MORTGAGE, INC.
7 ENTIN ROAD, STE. 102
PARSIPPANY, NJ 07054
* $ 16,999,000 1 $ 50,000
NATIONWIDE MORTGAGE CONCEPTS,
40380 DESERT CREEK LANE
RANCHO MIRAGE, CA 92270
* $ 10,000,000 1 $ 74,000
CHASE MANHATTAN BANK USA, NA
200 WHITE CLAY CENTER DR
NEWARK, DE 19711
* $ 77,748,330,000 1 $ 44,000
CITI RESIDENTIAL LENDING INC.
153 EAST 53RD ST, 20TH FLOOR
NEW YORK, NY 10022
* $ 1,121,487,000 1 $ 140,000
METLIFE BANK, N.A.
334 MADISON AVENUE
CONVENT STATION, NJ 07961
* $ 7,406,877,000 1 $ 28,000
FIRST CENTURY BANK, NATIONAL ASSOCIATION
807 DORSEY ST
GAINESVILLE, GA 30501
* $ 38,648,000 1 $ 105,000
WELLS FARGO FIN'L MARYLAND,INC
800 WALNUT ST, 6TH FLOOR, MAC F4031-061
DES MOINES, IA 50309
* $ 36,752,895,000 1 $ 104,000
FIRST NATIONAL ACCEPTANCE COMPANY
241 EAST SAGINAW/P.O. BOX 980
EAST LANSING, MI 48826
* $ 10,498,000 1 $ 24,000
SUNTRUST MORTGAGE, INC
901 SEMMES AVENUE
RICHMOND, VA 23224
* $ 175,107,526,000 1 $ 50,000
STATE FARM BANK
1 STATE FARM PLAZA
BLOOMINGTON, IL 61710
* $ 15,898,003,000 1 $ 20,000
ING BANK, FSB
1 SOUTH ORANGE STREET
WILMINGTON, DE 19801
* $ 79,977,597,000 1 $ 220,000
EATON FEDERAL SAVINGS BANK
236 SOUTH COCHRAN
CHARLOTTE, MI 48813
* $ 314,195,000 1 $ 25,000
COLONIAL SAVINGS, F. A.
P. O. BOX 2988
FORT WORTH, TX 76113
* $ 949,331,000 1 $ 52,000
OXFORD BANK MORTGAGE SERVICES
60 S. WASHINGTON
OXFORD, MI 48371
* $ 450,002,000 1 $ 34,000
PROGRESSIVE MORTGAGE COMPANY
125 S. FIFTH AVE.
ANN ARBOR, MI 48104
* $ 327,000,000 1 $ 175,000
GUARANTY BANK
8333 DOUGLAS AVENUE
DALLAS, TX 75225
* $ 16,674,004,000 1 $ 80,000
GATEWAY BANK, FSB
2336 MERCED STREET
SAN LEANDRO, CA 94577
* $ 403,955,000 1 $ 111,000
HOME LOAN INVESTMENT BANK
ONE HOME LOAN PLAZA
WARWICK, RI 02886
* $ 266,672,000 1 $ 85,000
CFBANK
2923 SMITH ROAD
FAIRLAWN, OH 44333
* $ 277,694,000 1 $ 151,000
WOLVERINE BANK FSB
5710 EASTMAN AVE
MIDLAND, MI 48640
* $ 311,585,000 1 $ 132,000
EQUIFIRST CORPORATION
13000 S TRYON ST, STE F, PMB 317
CHARLOTTE, NC 28278
* $ 343,735,670,000 1 $ 66,000
BRANCH BANKING AND TRUST CO
223 W NASH STREET
WILSON, NC 27893
* $ 127,698,351,000 1 $ 96,000
UNIVERSITY BANK
2015 WASHTENAW AVE
ANN ARBOR, MI 48104
* $ 88,242,000 1 $ 200,000
MBANK
130 S CEDAR ST
MANISTIQUE, MI 49854
* $ 408,331,000 1 $ 100,000
CF BANCORP
525 WATER STREET
PORT HURON, MI 48060
* $ 1,795,681,000 1 $ 15,000
COMMUNITY CENTRAL BANK
120 N. MAIN STREET
MOUNT CLEMENS, MI 48043
* $ 518,552,000 1 $ 155,000

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 Iosco 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 651 $68,243,000 $104,000 $417,000 $54,000 $548,000
Home Purchase 309 $28,685,000 $92,000 $380,000 $66,000 $416,000
Home Improvement 87 $3,668,000 $42,000 $214,000 $46,000 $130,000

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 833 $79,240,000 $95,000 $412,000 $60,000 $548,000
Not Provided 112 $9,713,000 $86,000 $339,000 $56,000 $291,000
Not applicable 78 $8,734,000 $111,000 $350,000 $9,000 $132,000
Hispanic 12 $1,835,000 $152,000 $417,000 $97,000 $288,000
Black or African American 5 $516,000 $103,000 $176,000 $56,000 $89,000
American Indian or Alaskan Native 4 $250,000 $62,000 $130,000 $53,000 $78,000
Asian 3 $308,000 $102,000 $116,000 $84,000 $142,000
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) 764 $73,594,000 $96,000 $417,000 $64,000 $548,000
FHA-insured (Federal Housing Administration) 219 $21,509,000 $98,000 $276,000 $38,000 $152,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 48 $3,636,000 $75,000 $150,000 $29,000 $69,000
VA-guaranteed (Veterans Administration) 16 $1,857,000 $116,000 $189,000 $39,000 $95,000

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 443 $44,351,000 $100,000 $417,000 $72,000 $416,000
Application Denied By Financial Institution 291 $25,240,000 $86,000 $339,000 $48,000 $292,000
Loan Purchased By The Institution 163 $17,374,000 $106,000 $350,000 $28,000 $273,000
Application Withdrawn By Applicant 75 $7,345,000 $97,000 $380,000 $56,000 $267,000
Application Approved But Not Accepted 51 $4,184,000 $82,000 $395,000 $63,000 $548,000
File Closed For Incompleteness 24 $2,102,000 $87,000 $200,000 $56,000 $168,000
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
Collateral 51 $5,442,000 $106,000 $262,000 $69,000 $292,000
Credit History 36 $1,860,000 $51,000 $170,000 $38,000 $98,000
Debt-To-Income Ratio 31 $3,171,000 $102,000 $220,000 $47,000 $144,000
Other 10 $1,113,000 $111,000 $200,000 $79,000 $290,000
Unverifiable Information 10 $1,378,000 $137,000 $339,000 $53,000 $85,000
Credit Application Incomplete 9 $831,000 $92,000 $188,000 $51,000 $105,000
Insufficient Cash (Downpayment, Closing Cost) 2 $251,000 $125,000 $176,000 $31,000 $44,000
Employment History 1 $80,000 $80,000 $80,000 $9,000 $9,000
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