Isabella County MI
Mortgage Loan Application
Totals and Details
for 2016

Find mortgage statistics and lending data for the Isabella 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 Isabella 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 1,904
Total Mortgage Loan Application Amount $231,744,000
Average Mortgage Loan Application Amount $121,000
Highest Mortgage Loan Application Amount $2,338,000
Average Applicant Income $68,000
Highest Applicant Income $1,117,000

Mortgage Company List for Lending in Isabella County MI for 2016

* 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
ISABELLA BANK
139 E. BROADWAY
MT. PLEASANT, MI 48858
* $ 1,616,259,000 463 $ 51,854,000
MERCANTILE BANK OF MICHIGAN
310 LEONARD ST NW
GRAND RAPIDS, MI 49504
* $ 2,883,076,000 199 $ 26,546,000
ACADEMY MORTGAGE CORPORATION
339 WEST 13490 SOUTH
DRAPER, UT 84020
* $ 10,000,000 87 $ 10,185,000
CHEMICAL BANK
333 E MAIN STREET
MIDLAND, MI 48640
* $ 9,166,710,000 58 $ 5,315,000
LOANDEPOT.COM, LLC
26642 TOWNE CENTRE DRIVE
FOOTHILL RANCH, CA 92610
* $ 138,031,000 53 $ 7,692,000
FREEDOM MORTGAGE CORPORATION
10500 KINCAID DRIVE
FISHERS, IN 46037
* $ 10,000,000 51 $ 6,396,000
UNION HOME MORTGAGE CORP.
8241 DOW CIRCLE
STRONGSVILLE, OH 44136
* $ 10,000,000 51 $ 6,084,000
FLAGSTAR BANK, FSB
5151 CORPORATE DRIVE
TROY, MI 48098
* $ 13,649,486,000 47 $ 7,373,000
PNC BANK, NATIONAL ASSOCIATION
249 FIFTH AVE. MS P1-POPP-22-2
PITTSBURGH, PA 15222
* $ 348,291,098,000 47 $ 4,837,000
WELLS FARGO BANK, NATIONAL ASSOCIATION
100 N MAIN STREET MAC D4001-042
WINSTON-SALEM, NC 27150
* $ 1,610,580,000,000 45 $ 8,204,000
FIFTH THIRD MORTGAGE, MI LLC
5001 KINGSLEY DRIVE MD 1MOB2W
CINCINNATI, OH 45227
* $ 48,969,000 40 $ 4,868,000
DITECH FINANCIAL LLC
1100 VIRGINIA DRIVE, SUITE 100
FORT WASHINGTON, PA 19034
* $ 6,260,444,000 36 $ 3,346,000
COMMERCIAL BANK
301 N. STATE ST
ALMA, MI 48801
* $ 384,137,000 36 $ 5,484,000
MEMBERS FIRST CREDIT UNION
PO BOX 2165
MIDLAND, MI 48641
* $ 370,414,000 29 $ 1,624,000
INDEPENDENT BANK
4200 EAST BELTLINE
GRAND RAPIDS, MI 49525
* $ 2,397,774,000 27 $ 3,298,000
LAKE TRUST CREDIT UNION
4605 S OLD US HIGHWAY 23
BRIGHTON, MI 48114
* $ 1,680,740,000 24 $ 1,440,000
FIFTH THIRD MORTGAGE COMPANY
5001 KINGSLEY DRIVE MD 1MOB2W
CINCINNATI, OH 45227
* $ 138,620,635,000 24 $ 2,701,000
DOW CHEMICAL EMPLOYEES'
600 E. LYON ROAD P.O. BOX 1649
MIDLAND, MI 48641
* $ 1,464,830,000 21 $ 2,660,000
21ST MORTGAGE CORPORATION
620 MARKET ST SUITE 100
KNOXVILLE, TN 37902
* $ 10,000,000 20 $ 814,000
MICHIGAN STATE UNIVERSITY FEDERAL CREDIT UNION
3777 WEST ROAD
EAST LANSING, MI 48823
* $ 3,034,515,000 19 $ 1,169,000
NEIGHBORHOOD MORTGAGE SOLUTION
PO BOX 209 544 N MAIN ST
FRANKENMUTH, MI 48734
* $ 77,551,000 18 $ 1,584,000
MID AMERICA MORTGAGE, INC.
15301 SPECTRUM DRIVE, SUITE 405
ADDISON, TX 75001
* $ 11,000,000 18 $ 2,134,000
MORTGAGE CENTER L.C
29621 NORTHWESTERN HWY
SOUTHFIELD, MI 48034
* $ 30,000,000 18 $ 2,380,000
NATIONSTAR MORTGAGE LLC
8950 CYPRESS WATERS BLVD.
COPPELL, TX 75019
* $ 10,000,000 17 $ 1,983,000
TOWNE MORTGAGE COMPANY
2170 E. BIG BEAVER ROAD, SUITE A
TROY, MI 48083
* $ 35,475,880,000 16 $ 1,353,000
GREENSTONE FARM CREDIT SERVICES, FLCA
3515 WEST RD
EAST LANSING, MI 48823
* $ 10,000,000 15 $ 3,471,000
USAA FEDERAL SAVINGS BANK
10750 MCDERMOTT FREEWAY
SAN ANTONIO, TX 78288
* $ 71,130,930,000 14 $ 2,262,000
PRIMELENDING, A PLAINSCAPITAL COMPANY
18111 PRESTON ROAD SUITE 900
DALLAS, TX 75252
* $ 8,764,654,000 14 $ 1,634,000
LAKE MICHIGAN CREDIT UNION
PO BOX 2848
GRAND RAPIDS, MI 49501
* $ 4,089,397,000 11 $ 1,480,000
JPMORGAN CHASE BANK, NATIONAL ASSOCIATION
1111 POLARIS PARKWAY
COLUMBUS, OH 43240
* $ 1,914,658,000,000 10 $ 1,008,000
MORTGAGE RESEARCH CENTER, LLC
1400 VETERANS UNITED DR.
COLUMBIA, MO 65203
* $ 880,000,000 10 $ 1,654,000
AMERIFIRST FINANCIAL CORPORATION
950 TRADE CENTRE WAY SUITE 400
KALAMAZOO, MI 49009
* $ 10,000,000 10 $ 1,232,000
PENNYMAC LOAN SERVICES LLC
3043 TOWNSGATE ROAD
WESTLAKE VILLAGE, CA 91361
* $ 39,000,000 10 $ 1,262,000
MORTGAGE 1 INCORPORATED
43456 MOUND ROAD
STERLING HEIGHTS, MI 49314
* $ 9,135,000 9 $ 879,000
CARRINGTON MORTGAGE SERVICES, LLC
1600 SO. DOUGLASS RD, SUITES 110 & 200A
ANAHEIM, CA 92806
* $ 945,758,000 9 $ 855,000
NEW DAY FINANCIAL, LLC
8160 MAPLE LAWN BLVD.
FULTON, MD 20759
* $ 4,088,336,000 9 $ 2,463,000
FIFTH THIRD BANK
38 FOUNTAIN SQUARE MD1090K1
CINCINNATI, OH 45263
* $ 138,620,635,000 9 $ 714,000
THE HUNTINGTON NATIONAL BANK
7 EASTON OVAL EA5C242
COLUMBUS, OH 43219
* $ 70,879,778,000 8 $ 649,000
FIRST GUARANTY MORTGAGE CORPORATION
1900 GALLOWS ROAD, SUITE 800
TYSONS CORNER, VA 22182
* $ 10,000,000 8 $ 1,178,000
AMERICAN FINANCIAL RESOURCES, INC.
9 SYLVAN WAY
PARSIPPANY, NJ 07054
* $ 10,000,000 7 $ 716,000
TOP FLITE FINANCIAL, INC.
123 E GRAND RIVER AVE
WILLIAMSTON, MI 48895
* $ 40,394,000 7 $ 618,000
CALIBER HOME LOANS, INC.
1525 S. BELTLINE ROAD
COPPELL, TX 75019
* $ 1,543,699,000 7 $ 729,000
UNITED SHORE FINANCIAL SERVICES, LLC
1414 EAST MAPLE ROAD
TROY, MI 48083
* $ 10,000,000 6 $ 807,000
PHH MORTGAGE CORPORATION
1 MORTGAGE WAY
MT LAUREL, NJ 08054
* $ 31,000,000 6 $ 1,081,000
NORTHPOINTE BANK
3333 DEPOSIT DRIVE NE
GRAND RAPIDS, MI 49546
* $ 459,125,000 6 $ 801,000
TIAA, FSB
501 RIVERSIDE AVENUE
JACKSONVILLE, FL 32202
* $ 26,594,410,000 6 $ 409,000
CITIMORTGAGE, INC.
1 COURT SQUARE, 43RD FLOOR
LONG ISLAND CITY, NY 11120
* $ 1,019,497,000,000 6 $ 765,000
MEMBER FIRST MORTGAGE, LLC
616 44TH STREET SE
GRAND RAPIDS, MI 49548
* $ 11,800,000 5 $ 432,000
BANK OF AMERICA, NATIONAL ASSOCIATION
31303 AGOURA RD CA6-917-01-20
WESTLAKE VILLAGE, CA 91361
* $ 1,639,305,000,000 5 $ 1,070,000
MIDFIRST BANK
501 NW GRAND BLVD
OKLAHOMA CITY, OK 73118
* $ 11,567,246,000 5 $ 504,000
CASE
4316 S PENNSYLVANIA AVE
LANSING, MI 48911
* $ 253,857,000 5 $ 132,000
AMERICAN ADVISORS GROUP
3800 W.CHAPMAN SUITE 300
ORANGE, CA 92868
* $ 100,247,000 5 $ 240,000
BROKER SOLUTIONS, INC.
14511 MYFORD ROAD, SUITE 100
TUSTIN, CA 92780
* $ 10,000,000 4 $ 540,000
SUCCESS MORTGAGE PARTNERS, INC.
1200 S. SHELDON RD.
PLYMOUTH, MI 48170
* $ 1,912,000 4 $ 496,000
ROYAL UNITED MORTGAGE LLC
7999 KNUE RD. STE 300
INDIANAPOLIS, IN 46250
* $ 1,000,000,000 4 $ 372,000
AMERIHOME MORTGAGE COMPANY, LLC
21215 BURBANK BLVD, SUITE 400
WOODLAND HILLS, CA 91367
* $ 10,000,000 4 $ 538,000
HANTZ BANK
26200 AMERICAN DRIVE, 2ND FLOOR
SOUTHFIELD, MI 48034
* $ 208,061,000 4 $ 664,000
BANC OF CALIFORNIA, NATIONAL ASSOCIATION
18500 VON KARMAN AVENUE SUITE 1100
IRVINE, CA 92612
* $ 8,231,396,000 3 $ 294,000
U.S. BANK NATIONAL ASSOCIATION
425 WALNUT STREET
CINCINNATI, OH 45202
* $ 417,458,234,000 3 $ 267,000
DISCOVER BANK
12 READS WAY
NEW CASTLE, DE 19720
* $ 85,747,508,000 3 $ 130,000
IFREEDOM DIRECT CORPORATION
124 N. CHARLES LINDBERGH DRIVE
SLC, UT 84116
* $ 10,000,000 3 $ 484,000
UNITED FINANCIAL CREDIT UNION
4685 STATE ST.
SAGINAW, MI 48603
* $ 185,895,000 3 $ 161,000
BBMC MORTGAGE, LLC
100 W. 22ND ST
LOMBARD, IL 60148
* $ 149,000,000 3 $ 354,000
PHH HOME LOANS, LLC
1 MORTGAGE WAY 2ND FLOOR
MT LAUREL, NJ 08054
* $ 4,597,939,000 3 $ 659,000
STEARNS LENDING, LLC
4 HUTTON CENTRE, 10TH FLOOR
SANTA ANA, CA 92707
* $ 10,000,000 2 $ 300,000
HOMEBRIDGE FINANCIAL SERVICES, INC.
194 WOOD AVE S, 9TH FLOOR
ISELIN, NJ 08830
* $ 10,000,000 2 $ 130,000
LEVEL ONE BANK
32991 HAMILTON COURT
FARMINGTON HILLS, MI 48334
* $ 923,502,000 2 $ 381,000
AMERICAN SOUTHWEST MORTGAGE CORP.
5900 MOSTELLER DRIVE SUITE 10
OKLAHOMA CITY, OK 73112
* $ 143,000,000 2 $ 124,000
RELIANCE FIRST CAPITAL, LLC
201 OLD COUNTRY ROAD SUITE 205
MELVILLE, NY 11747
* $ 100,000,000 2 $ 205,000
STONEGATE MORTGAGE CORPORATION
9190 PRIORITY WAY WEST DRIVE
INDIANAPOLIS, IN 46240
* $ 10,000,000 2 $ 213,000
FIRST NATIONAL BANK OF AMERICA
241 EAST SAGINAW
EAST LANSING, MI 48823
* $ 822,669,000 2 $ 73,000
BANK OF ENGLAND
PO BOX 70
ENGLAND, AR 72046
* $ 318,361,000 2 $ 294,000
MANUFACTURERS AND TRADERS TRUST COMPANY
701 SENECA STREET - SUITE 330N
BUFFALO, NY 14210
* $ 122,099,687,000 2 $ 192,000
CITIBANK, NATIONAL ASSOCIATION
1 COURT SQUARE,43RD FLOOR
LONG ISLAND CITY, NY 11120
* $ 1,299,801,000,000 2 $ 325,000
FIRSTMERIT BANK NA
III CASCADE PLAZA - CAS46
AKRON, OH 44308
* $ 25,520,808,000 2 $ 258,000
CAPITAL ONE, NATIONAL ASSOCIATION
7933 PRESTON ROAD
PLANO, TX 75024
* $ 273,231,606,000 2 $ 142,000
NAVY FEDERAL CREDIT UNION
820 FOLLIN LANE
VIENNA, VA 22180
* $ 73,279,079,000 2 $ 428,000
SUNTRUST BANK
P.O. BOX 4418, MAIL CODE 0663
ATLANTA, GA 30302
* $ 186,710,993,000 2 $ 15,000
HOME LOAN INVESTMENT BANK, F.S.B.
ONE HOME LOAN PLAZA
WARWICK, RI 02886
* $ 224,192,000 2 $ 33,000
HURON VALLEY FINANCIAL, INC.
2395 OAK VALLEY DRIVE, SUITE 200
ANN ARBOR, MI 48103
* $ 10,000,000 2 $ 343,000
STATE FARM BANK, F.S.B.
1 STATE FARM PLAZA E-6
BLOOMINGTON, IL 61710
* $ 16,709,556,000 2 $ 260,000
BAXTER CREDIT UNION
340 N MILWAUKEE AVE
VERNON HILLS, IL 60061
* $ 2,358,315,000 2 $ 205,000
CHURCHILL MORTGAGE CORPORATION
761 OLD HICKORY BLVD SUITE 400
BRENTWOOD, TN 37027
* $ 10,000,000 2 $ 253,000
FRANKLIN AMERICAN MORTGAGE COMPANY
6100 TOWER CIRCLE SUITE 600
FRANKLIN, TN 37067
* $ 10,000,000 1 $ 202,000
BRIDGEVIEW BANK GROUP
7940 S HARLEM
BRIDGEVIEW, IL 60455
* $ 1,077,735,000 1 $ 246,000
SERVION, INC.
500 MAIN STREET
NEW BRIGHTON, MN 55112
* $ 250,000,000 1 $ 148,000
TEXAS CAPITAL BANK, NATIONAL ASSOCIATION
2000 MCKINNEY AVE SUITE 700
DALLAS, TX 75201
* $ 18,900,720,000 1 $ 140,000
J. VIRGIL, INC.
G3404 MILLER ROAD
FLINT, MI 48507
* $ 500,000 1 $ 156,000
NORTHERN OHIO INVESTMENT COMPANY
6444 MONROE STREET, SUITE 6
SYLVANIA, OH 43560
* $ 10,000,000 1 $ 244,000
FORBRIGHT BANK
6701 DEMOCRACY BLVD, SUITE 400
BETHESDA, MD 20817
* $ 504,343,000 1 $ 127,000
GUIDANCE RESIDENTIAL, LLC
11107 SUNSET HILLS ROAD, STES 100 & 200
RESTON, VA 20190
* $ 10,000,000 1 $ 168,000
EMM LOANS LLC
3 EXECUTIVE CAMPUS, SUITE 520
CHERRY HILL, NJ 08002
* $ 10,000,000 1 $ 177,000
WOLVERINE BANK FSB
5710 EASTMAN AVE
MIDLAND, MI 48640
* $ 417,766,000 1 $ 1,000,000
EATON COMMUNITY BANK
236 S. COCHRAN AVENUE, P.O. BOX 219
CHARLOTTE, MI 48813
* $ 292,138,000 1 $ 65,000
TRUIST BANK
3100 SMOKETREE CT FL 5
RALEIGH, NC 27604
* $ 205,125,538,000 1 $ 156,000
ASSOCIATED BANK, NATIONAL ASSOCIATION
200 NORTH ADAMS STREET
GREEN BAY, WI 54301
* $ 27,567,209,000 1 $ 461,000
MICHIGAN ONE COMMUNITY CREDIT UNION
510 S DEXTER ST.
IONIA, MI 48846
* $ 97,352,000 1 $ 31,000
DIVERSIFIED MEMBERS CREDIT UNION
1480 E JEFFERSON AVE
DETROIT, MI 48207
* $ 433,132,000 1 $ 54,000
PROFED FEDERAL CREDIT UNION
1710 ST. JOE RIVER DR.
FORT WAYNE, IN 46805
* $ 388,871,000 1 $ 162,000
SOUTH CENTRAL BANK, NATIONAL ASSOCIATION
525 W ROOSEVELT RD
CHICAGO, IL 60607
* $ 268,926,000 1 $ 10,000
GOLDWATER BANK, N.A.
2525 EAST CAMELBACK ROAD SUITE 1100
PHOENIX, AZ 85016
* $ 95,747,000 1 $ 142,000
CENTIER BANK
600 E 84TH AVENUE
MERRILLVILLE, IN 46410
* $ 3,128,427,000 1 $ 53,000
WALKER & DUNLOP, LLC
7501 WISCONSIN AVE, STE 1200E
BETHESDA, MD 20814
* $ 552,596,000 1 $ 2,338,000
COMERICA BANK
411 W LAFAYETTE BLVD
DETROIT, MI 48226
* $ 71,861,217,000 1 $ 100,000
PLAZA HOME MORTGAGE, INC.
4820 EASTGATE MALL, STE 100
SAN DIEGO, CA 92121
* $ 10,000,000 1 $ 97,000
FIRSTBANK
11 CHANNING WAY
JACKSON, TN 38305
* $ 2,887,863,000 1 $ 165,000
DRAPER AND KRAMER MORTGAGE CORP.
1431 OPUS PLACE SUITE 200
DOWNERS GROVE, IL 60515
* $ 10,000,000 1 $ 284,000
GUARANTEED RATE, INC.
3940 NORTH RAVENSWOOD AVE
CHICAGO, IL 60613
* $ 10,000,000 1 $ 200,000
NEWREZ LLC
4000 CHEMICAL ROAD SUITE 200
PLYMOUTH MEETING, PA 19462
* $ 10,000,000 1 $ 138,000
DIAMOND RESIDENTIAL MORTGAGE CORPORATION
582 OAKWOOD AVE
LAKE FOREST, IL 60045
* $ 12,837,000 1 $ 175,000
LIMA ONE CAPITAL, LLC
201 E. MCBEE AVE, SUITE 300
GREENVILLE, SC 29601
* $ 101,629,820,000 1 $ 45,000
PILLAR MULTIFAMILY, LLC
8245 BOONE BLVD STE 710
VIENNA, VA 22182
* $ 165,990,000 1 $ 1,840,000
LAKEVIEW LOAN SERVICING, LLC
4425 PONCE DE LEON BLVD.
CORAL GABLES, FL 33146
* $ 1,825,398,000 1 $ 178,000
PREMIA MORTGAGE, LLC
5480 CORPORATE DRIVE SUITE 240
TROY, MI 48098
* $ 608,779,509,000 1 $ 212,000
MOVEMENT MORTGAGE, LLC
8024 CALVIN HALL ROAD
INDIAN LAND, SC 29707
* $ 10,000,000 1 $ 290,000
FRANKENMUTH CREDIT UNION
580 N. MAIN ST., PO BOX 209
FRANKENMUTH, MI 48734
* $ 410,754,000 1 $ 81,000
ELGA CREDIT UNION
2303 S. CENTER ROAD
BURTON, MI 48519
* $ 438,084,000 1 $ 81,000
LAKE HURON CREDIT UNION
1540 TITTABAWASSEE RD
SAGINAW, MI 48604
* $ 46,180,000 1 $ 85,000
WILDFIRE CREDIT UNION
6640 BAY RD
SAGINAW, MI 48604
* $ 695,705,000 1 $ 64,000
NATIONS DIRECT MORTGAGE, LLC
5 HUTTON CENTRE DRIVE, SUITE 200
SANTA ANA, CA 92707
* $ 11,000,000 1 $ 75,000
ENVOY MORTGAGE, LTD
5100 WESTHEIMER RD, STE 320
HOUSTON, TX 77056
* $ 10,000,000 1 $ 66,000
POLARIS HOME FUNDING CORP.
151 44TH ST. SW
GRANDVILLE, MI 49418
* $ 10,000,000 1 $ 80,000
VILLAGE CAPITAL & INVESTMENT LLC
2863 ST. ROSE PARKWAY
HENDERSON, NV 89052
* $ 11,000,000 1 $ 89,000
UIF CORPORATION
29777 TELEGRAPH RD. SUITE 3590
SOUTHFIELD, MI 48034
* $ 133,851,000 1 $ 177,000
FIRST COMMUNITY MORTGAGE, INC.
275 ROBERT ROSE DRIVE
MURFREESBORO, TN 37129
* $ 10,000,000 1 $ 119,000
AMERICAN SOUTHWEST MORTGAGE FUNDING CORP
5900 MOSTELLER DRIVE SUITE 8
OKLAHOMA CITY, OK 73112
* $ 336,426,000 1 $ 80,000
EMBRACE HOME LOANS, INC.
25 ENTERPRISE CENTER
MIDDLETOWN, RI 02842
* $ 10,000,000 1 $ 112,000
NATIONS LENDING CORPORATION
4 SUMMIT PARK DR STE 200
INDEPENDENCE, OH 44131
* $ 4,410,000 1 $ 82,000
PROVIDENT FUNDING ASSOCIATES, L.P.
851 TRAEGER AVENUE, SUITE 100
SAN BRUNO, CA 94066
* $ 10,000,000 1 $ 149,000
ASPIRE FINANCIAL, INC.
4100 ALPHA ROAD SUITE 400
DALLAS, TX 75244
* $ 10,000,000 1 $ 128,000
AMERISAVE MORTGAGE CORPORATION
3525 PIEDMONT RD NE, 8 PIEDMONT CTR STE
ATLANTA, GA 30305
* $ 8,994,122,000 1 $ 115,000
PLANET HOME LENDING, LLC
321 RESEARCH PARKWAY STE 300
MERIDEN, CT 06540
* $ 50,442,000 1 $ 58,000
HOME POINT FINANCIAL CORPORATION
1194 OAK VALLEY DRIVE, SUITE 80
ANN ARBOR, MI 48108
* $ 40,000,000 1 $ 66,000
UNITED SECURITY FINANCIAL CORP
930 EAST 6600 SOUTH
MURRAY, UT 84121
* $ 10,000,000 1 $ 53,000

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 Isabella County MI in 2016

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 891 $110,502,000 $124,000 $1,000,000 $67,000 $1,036,000
Refinancing 790 $107,829,000 $136,000 $2,338,000 $68,000 $1,117,000
Home Improvement 223 $13,413,000 $60,000 $300,000 $70,000 $602,000

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 1,466 $168,905,000 $115,000 $640,000 $72,000 $1,117,000
Not applicable 155 $31,201,000 $201,000 $2,338,000 $7,000 $156,000
Not Provided 151 $15,679,000 $103,000 $375,000 $80,000 $1,036,000
American Indian or Alaskan Native 71 $7,555,000 $106,000 $229,000 $70,000 $171,000
Hispanic 34 $3,461,000 $101,000 $279,000 $70,000 $174,000
Asian 14 $3,326,000 $237,000 $535,000 $115,000 $346,000
Black or African American 8 $1,219,000 $152,000 $287,000 $73,000 $168,000
Native Hawaiin or Other Pacific Islander 5 $398,000 $79,000 $108,000 $63,000 $95,000

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) 1,402 $170,153,000 $121,000 $1,900,000 $77,000 $1,117,000
FHA-insured (Federal Housing Administration) 327 $37,988,000 $116,000 $2,338,000 $40,000 $216,000
VA-guaranteed (Veterans Administration) 119 $18,170,000 $152,000 $483,000 $51,000 $174,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 56 $5,433,000 $97,000 $181,000 $35,000 $69,000

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 1,159 $149,527,000 $129,000 $2,338,000 $75,000 $1,117,000
Application Denied By Financial Institution 320 $33,275,000 $103,000 $535,000 $60,000 $357,000
Application Withdrawn By Applicant 153 $17,797,000 $116,000 $483,000 $77,000 $602,000
Loan Purchased By The Institution 135 $15,683,000 $116,000 $275,000 $18,000 $173,000
Application Approved But Not Accepted 80 $8,336,000 $104,000 $365,000 $73,000 $239,000
File Closed For Incompleteness 57 $7,126,000 $125,000 $279,000 $50,000 $171,000
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 36 $2,444,000 $67,000 $220,000 $68,000 $178,000
Collateral 29 $3,829,000 $132,000 $530,000 $80,000 $357,000
Credit Application Incomplete 20 $2,130,000 $106,000 $240,000 $56,000 $97,000
Other 16 $1,266,000 $79,000 $209,000 $47,000 $88,000
Debt-To-Income Ratio 16 $1,584,000 $99,000 $150,000 $41,000 $98,000
Unverifiable Information 5 $409,000 $81,000 $124,000 $29,000 $70,000
Employment History 2 $123,000 $61,000 $63,000 $45,000 $48,000
Insufficient Cash (Downpayment, Closing Cost) 2 $164,000 $82,000 $82,000 $37,000 $51,000
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