Lake County MI
Mortgage Loan Application
Totals and Details
for 2021

Find mortgage statistics and lending data for the Lake 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 Lake 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 752
Total Mortgage Loan Application Amount $101,020,000
Average Mortgage Loan Application Amount $134,000
Highest Mortgage Loan Application Amount $1,055,000
Average Applicant Income $89,000
Highest Applicant Income $939,000

Mortgage Company List for Lending in Lake 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
THE HUNTINGTON NATIONAL BANK
7 EASTON OVAL EA5C242
COLUMBUS, OH 43219
* $ 104,052,030,000 56 $ 6,720,000
FIFTH THIRD BANK, NATIONAL ASSOCIATION
38 FOUNTAIN SQUARE MD1090K1
CINCINNATI, OH 45263
* $ 140,077,697,000 45 $ 5,765,000
LAKE MICHIGAN CREDIT UNION
PO BOX 2848
GRAND RAPIDS, MI 49501
* $ 6,863,398,000 42 $ 5,980,000
WEST MICHIGAN CREDIT UNION
1319 FRONT AVE NW
GRAND RAPIDS, MI 49504
* $ 165,982,000 34 $ 3,710,000
AMERIFIRST FINANCIAL CORPORATION
950 TRADE CENTRE WAY SUITE 400
KALAMAZOO, MI 49009
* $ -1,000 33 $ 4,245,000
PENNYMAC LOAN SERVICES, LLC
3043 TOWNSGATE ROAD
WESTLAKE VILLAGE, CA 91361
* $ -1,000 19 $ 2,995,000
JPMORGAN CHASE BANK, NATIONAL ASSOCIATION
1111 POLARIS PARKWAY
COLUMBUS, OH 43240
* $ 2,140,778,000,000 18 $ 2,870,000
INDEPENDENT BANK
4200 EAST BELTLINE
GRAND RAPIDS, MI 49525
* $ 3,563,694,000 16 $ 1,800,000
NEWREZ LLC
4000 CHEMICAL ROAD SUITE 200
PLYMOUTH MEETING, PA 19462
* $ -1,000 13 $ 1,105,000
WELLS FARGO BANK, NATIONAL ASSOCIATION
100 N MAIN STREET MAC D4001-042
WINSTON-SALEM, NC 27150
* $ 1,747,398,000,000 13 $ 1,805,000
UNITED SHORE FINANCIAL SERVICES, LLC
1414 EAST MAPLE ROAD
TROY, MI 48083
* $ -1,000 13 $ 2,075,000
PNC BANK, NATIONAL ASSOCIATION
249 FIFTH AVE. MS P1-POPP-22-2
PITTSBURGH, PA 15222
* $ 370,002,264,000 13 $ 1,805,000
AMERISAVE MORTGAGE CORPORATION
3525 PIEDMONT RD NE, 8 PIEDMONT CTR STE
ATLANTA, GA 30305
* $ -1,000 12 $ 1,730,000
CONSUMERS
PO BOX 525
OSHTEMO, MI 49077
* $ 1,242,456,000 11 $ 1,195,000
MORTGAGE RESEARCH CENTER, LLC
1400 VETERANS UNITED DR.
COLUMBIA, MO 65203
* $ -1,000 11 $ 1,525,000
CALIBER HOME LOANS, INC.
1525 S. BELTLINE ROAD
COPPELL, TX 75019
* $ -1,000 11 $ 1,425,000
MORTGAGE CENTER L.C
29621 NORTHWESTERN HWY
SOUTHFIELD, MI 48034
* $ -1,000 10 $ 870,000
NEIGHBORHOOD LOANS, INC.
55 W. 22ND STREET SUITE 130
LOMBARD, IL 60148
* $ -1,000 10 $ 1,500,000
MORTGAGE 1 INCORPORATED
43456 MOUND ROAD
STERLING HEIGHTS, MI 49314
* $ -1,000 10 $ 1,380,000
FREEDOM MORTGAGE CORPORATION
10500 KINCAID DRIVE
FISHERS, IN 46037
* $ -1,000 9 $ 915,000
GREENSTONE FARM CREDIT SERVICES, FLCA
3515 WEST RD
EAST LANSING, MI 48823
* $ -1,000 8 $ 990,000
FLAGSTAR BANK, FSB
5151 CORPORATE DRIVE
TROY, MI 48098
* $ 16,855,693,000 8 $ 1,140,000
HONOR CREDIT UNION
EDGEWOOD RD
BERRIEN SPRINGS, MI 49103
* $ 1,009,578,000 7 $ 485,000
21ST MORTGAGE CORPORATION
620 MARKET ST SUITE 100
KNOXVILLE, TN 37902
* $ -1,000 7 $ 775,000
MMS MORTGAGE SERVICES, LTD.
38275 TWELVE MILE RD., SUITE 100
FARMINGTON HILLS, MI 48331
* $ -1,000 7 $ 1,635,000
ARBOR FINANCIAL CREDIT UNION
1551 SOUTH 9TH STREET
KALAMAZOO, MI 49009
* $ 655,512,000 6 $ 400,000
PREFERRED CREDIT UNION
3767 SPARKS DR SE
GRAND RAPIDS, MI 49546
* $ 179,422,000 6 $ 610,000
NATIONSTAR MORTGAGE LLC
8950 CYPRESS WATERS BLVD.
COPPELL, TX 75019
* $ -1,000 6 $ 830,000
CHOICEONE BANK
109 E. DIVISION ST.
SPARTA, MI 49345
* $ 673,946,000 6 $ 440,000
MERCANTILE BANK OF MICHIGAN
310 LEONARD ST NW
GRAND RAPIDS, MI 49504
* $ 3,614,957,000 6 $ 2,580,000
NEW DAY FINANCIAL, LLC
8160 MAPLE LAWN BLVD.
FULTON, MD 20759
* $ -1,000 6 $ 1,000,000
TEACHERS CREDIT UNION
110 S MAIN ST
SOUTH BEND, IN 46601
* $ 3,348,046,000 5 $ 315,000
UNION HOME MORTGAGE CORP.
8241 DOW CIRCLE
STRONGSVILLE, OH 44136
* $ -1,000 5 $ 675,000
LOANDEPOT.COM, LLC
26642 TOWNE CENTRE DRIVE
FOOTHILL RANCH, CA 92610
* $ -1,000 5 $ 745,000
HORIZON BANK
515 FRANKLIN ST
MICHIGAN CITY, IN 46360
* $ 5,236,417,000 5 $ 715,000
INLANTA MORTGAGE, INC.
W239 N3490 PEWAUKEE ROAD, STE.200
PEWAUKEE, WI 53072
* $ -1,000 5 $ 965,000
BANK OF AMERICA, NATIONAL ASSOCIATION
31303 AGOURA RD CA6-917-01-20
WESTLAKE VILLAGE, CA 91361
* $ 1,751,524,000,000 5 $ 415,000
NORTHPOINTE BANK
3333 DEPOSIT DRIVE NE
GRAND RAPIDS, MI 49546
* $ 2,186,056,000 5 $ 1,155,000
USAA FEDERAL SAVINGS BANK
10750 MCDERMOTT FREEWAY
SAN ANTONIO, TX 78288
* $ 80,522,766,000 4 $ 800,000
OLD NATIONAL BANK
ONE MAIN STREET
EVANSVILLE, IN 47708
* $ 20,311,535,000 4 $ 830,000
MICHIGAN STATE UNIVERSITY FEDERAL CREDIT UNION
3777 WEST ROAD
EAST LANSING, MI 48823
* $ 4,730,630,000 4 $ 290,000
MEMBER FIRST MORTGAGE, LLC
616 44TH STREET SE
GRAND RAPIDS, MI 49548
* $ -1,000 4 $ 360,000
J. VIRGIL, INC.
G3404 MILLER ROAD
FLINT, MI 48507
* $ -1,000 4 $ 530,000
MEMBERS FIRST CREDIT UNION
PO BOX 2165
MIDLAND, MI 48641
* $ 535,641,000 4 $ 240,000
AMERIHOME MORTGAGE COMPANY, LLC
21215 BURBANK BLVD, SUITE 400
WOODLAND HILLS, CA 91367
* $ -1,000 4 $ 720,000
CARRINGTON MORTGAGE SERVICES, LLC
1600 SO. DOUGLASS RD, SUITES 110 & 200A
ANAHEIM, CA 92806
* $ -1,000 4 $ 410,000
UNITED BANK OF MICHIGAN
900 EAST PARIS AVE SE
GRAND RAPIDS, MI 49546
* $ 695,189,000 4 $ 340,000
DISCOVER BANK
12 READS WAY
NEW CASTLE, DE 19720
* $ 98,729,134,000 3 $ 215,000
TCF NATIONAL BANK
2508 LOUISE AVE S (PCC-2E-L)
SIOUX FALLS, SD 57106
* $ 46,627,366,000 3 $ 425,000
VILLAGE CAPITAL & INVESTMENT LLC
2863 ST. ROSE PARKWAY
HENDERSON, NV 89052
* $ -1,000 3 $ 435,000
MID AMERICA MORTGAGE, INC.
15301 SPECTRUM DRIVE, SUITE 405
ADDISON, TX 75001
* $ -1,000 3 $ 305,000
AMERICAN FINANCING CORPORATION
3045 S PARKER RD BUILDING B
AURORA, CO 80014
* $ -1,000 3 $ 305,000
FAIRWAY INDEPENDENT MORTGAGE CORPORATION
4801 S. BILTMORE LANE
MADISON, WI 53718
* $ -1,000 3 $ 195,000
PLANET HOME LENDING, LLC
321 RESEARCH PARKWAY STE 300
MERIDEN, CT 06540
* $ -1,000 3 $ 345,000
AAC CREDIT UNION
904 BROADWAY NW
GRAND RAPIDS, MI 49504
* $ 150,838,000 3 $ 355,000
HARTFORD FUNDING, LTD.
538 BROADHOLLOW ROAD
MELVILLE, NY 11747
* $ -1,000 3 $ 375,000
U.S. BANK NATIONAL ASSOCIATION
425 WALNUT STREET
CINCINNATI, OH 45202
* $ 456,025,829,000 3 $ 715,000
NATIONS LENDING CORPORATION
4 SUMMIT PARK DR STE 200
INDEPENDENCE, OH 44131
* $ -1,000 3 $ 345,000
TOWNE MORTGAGE COMPANY
2170 E. BIG BEAVER ROAD, SUITE A
TROY, MI 48083
* $ -1,000 3 $ 325,000
FIRST FARMERS BANK AND TRUST COMPANY
123 N. JEFFERSON STREET
CONVERSE, IN 46919
* $ 1,907,914,000 3 $ 625,000
SUCCESS MORTGAGE PARTNERS, INC.
1200 S. SHELDON RD.
PLYMOUTH, MI 48170
* $ -1,000 3 $ 525,000
BETTER MORTGAGE CORPORATION
459 BROADWAY, FLOOR 5
NEW YORK, NY 10013
* $ -1,000 3 $ 435,000
EQUITY PRIME MORTGAGE LLC
5 CONCOURSE PKWY, STE 2250
ATLANTA, GA 30328
* $ -1,000 2 $ 390,000
HOMESIDE FINANCIAL, LLC
5950 SYMPHONY WOODS DRIVE
COLUMBIA, MD 21044
* $ -1,000 2 $ 280,000
FINANCE OF AMERICA MORTGAGE LLC
300 WELSH ROAD BUILDING 5
HORSHAM, PA 19044
* $ -1,000 2 $ 210,000
CITIBANK, NATIONAL ASSOCIATION
1 COURT SQUARE,43RD FLOOR
LONG ISLAND CITY, NY 11120
* $ 1,384,707,000,000 2 $ 200,000
CREDIT UNION ONE
400 E NINE MILE RD
FERNDALE, MI 48220
* $ 1,487,658,000 2 $ 70,000
AMERICAN FINANCIAL NETWORK, INC.
10 POINTE DRIVE, SUITE 330
BREA, CA 92821
* $ -1,000 2 $ 290,000
HOME POINT FINANCIAL CORPORATION
1194 OAK VALLEY DRIVE, SUITE 80
ANN ARBOR, MI 48108
* $ -1,000 2 $ 780,000
HOMETOWN LENDERS, INC.
310 THE BRIDGE STREET, 4TH FLOOR SUITE A
HUNTSVILLE, AL 35806
* $ -1,000 2 $ 470,000
VAN DYK MORTGAGE CORPORATION
2449 CAMELOT CT SE
GRAND RAPIDS, MI 49546
* $ -1,000 2 $ 270,000
LOW VA RATES, LLC
384 SOUTH 400 WEST, #100
LINDON, UT 84042
* $ -1,000 2 $ 300,000
KELLOGG COMMUNITY CREDIT UNION
41 SECOND ST
BATTLE CREEK, MI 49014
* $ 637,246,000 2 $ 430,000
ENVOY MORTGAGE, LTD
5100 WESTHEIMER RD, STE 320
HOUSTON, TX 77056
* $ -1,000 2 $ 280,000
STOCKTON MORTGAGE CORPORATION
88 C MICHAEL DAVENPORT BLVD.
FRANKFORT, KY 40601
* $ -1,000 2 $ 240,000
CHURCHILL MORTGAGE CORPORATION
761 OLD HICKORY BLVD SUITE 400
BRENTWOOD, TN 37027
* $ -1,000 2 $ 290,000
NAVY FEDERAL CREDIT UNION
820 FOLLIN LANE
VIENNA, VA 22180
* $ 90,565,764,000 2 $ 270,000
OMNI COMMUNITY CREDIT UNION
PO BOX 1537
BATTLE CREEK, MI 49068
* $ 423,516,000 2 $ 510,000
TOP FLITE FINANCIAL, INC.
123 E GRAND RIVER AVE
WILLIAMSTON, MI 48895
* $ -1,000 2 $ 220,000
PHH MORTGAGE CORPORATION
1 MORTGAGE WAY
MT LAUREL, NJ 08054
* $ -1,000 2 $ 220,000
ROYAL UNITED MORTGAGE LLC
7999 KNUE RD. STE 300
INDIANAPOLIS, IN 46250
* $ -1,000 2 $ 150,000
THE SHELBY STATE BANK
242 N MICHIGAN AVE
SHELBY, MI 49455
* $ 277,492,000 2 $ 350,000
UNITED
2807 SOUTH STATE ST
SAINT JOSEPH, MI 49085
* $ 2,877,075,000 2 $ 230,000
AMERICAN ADVISORS GROUP
3800 W.CHAPMAN SUITE 300
ORANGE, CA 92868
* $ -1,000 2 $ 50,000
MICHIGAN MUTUAL, INC.
911 MILITARY STREET
PORT HURON, MI 48060
* $ -1,000 2 $ 330,000
GENISYS
2100 EXECUTIVE HILLS BLVD
AUBURN HILLS, MI 48326
* $ 2,847,190,000 1 $ 85,000
ALLIANT CREDIT UNION
11545 W TOUHY
CHICAGO, IL 60666
* $ 12,244,742,000 1 $ 55,000
1ST SOURCE BANK
P O BOX 1602 SUITE 400
SOUTH BEND, IN 46634
* $ 6,622,194,000 1 $ 65,000
KEYBANK NATIONAL ASSOCIATION
127 PUBLIC SQUARE
CLEVELAND, OH 44114
* $ 135,758,439,000 1 $ 35,000
1ST NATIONAL BANK
1160 E. MAIN STREET
LEBANON, OH 45036
* $ 203,154,000 1 $ 285,000
KALSEE CREDIT UNION
2501 MILLCORK
KALAMAZOO, MI 49001
* $ 191,496,000 1 $ 65,000
GERBER FEDERAL CREDIT UNION
508 STATE STREET PO BOX 116
FREMONT, MI 49412
* $ 162,579,000 1 $ 135,000
WYNDHAM CAPITAL MORTGAGE, INC.
6115 PARK SOUTH DRIVE, STE 200
CHARLOTTE, NC 28210
* $ -1,000 1 $ 75,000
BROKER SOLUTIONS, INC.
14511 MYFORD ROAD, SUITE 100
TUSTIN, CA 92780
* $ -1,000 1 $ 95,000
CROSSCOUNTRY MORTGAGE, INC.
6850 MILLER RD
BRECKSVILLE, OH 44141
* $ -1,000 1 $ 45,000
BARRINGTON BANK & TRUST COMPANY, N.A.
201 S. HOUGH STREET
BARRINGTON, IL 60010
* $ 2,445,435,000 1 $ 345,000
PLAZA HOME MORTGAGE, INC.
4820 EASTGATE MALL, STE 100
SAN DIEGO, CA 92121
* $ -1,000 1 $ 325,000
THE DART BANK
368 S. PARK ST.
MASON, MI 48854
* $ 460,693,000 1 $ 185,000
DRAPER AND KRAMER MORTGAGE CORP.
1431 OPUS PLACE SUITE 200
DOWNERS GROVE, IL 60515
* $ -1,000 1 $ 185,000
PRIMARY RESIDENTIAL MORTGAGE, INC.
1480 N 2200 W
SALT LAKE CITY, UT 84116
* $ -1,000 1 $ 275,000
COMMUNITY FIRST
9637 N GREENVILLE RD
LAKEVIEW, MI 48850
* $ 68,091,000 1 $ 145,000
CIBM BANK
2913 KIRBY AVE
CHAMPAIGN, IL 61821
* $ 696,014,000 1 $ 165,000
MICHIGAN ONE COMMUNITY CREDIT UNION
510 S DEXTER ST.
IONIA, MI 48846
* $ 134,484,000 1 $ 215,000
LEVEL ONE BANK
32991 HAMILTON COURT
FARMINGTON HILLS, MI 48334
* $ 1,582,399,000 1 $ 145,000
ATLANTA POSTAL
1605 BOGGS ROAD
DULUTH, GA 30096
* $ 2,165,396,000 1 $ 115,000
AMERICAN FINANCIAL RESOURCES, INC.
9 SYLVAN WAY
PARSIPPANY, NJ 07054
* $ -1,000 1 $ 245,000
GRAND RIVER BANK
4471 WILSON AVENUE SW
GRANDVILLE, MI 49418
* $ 321,158,000 1 $ 235,000
SOUTHWEST STAGE FUNDING, LLC
3345 S. VAL VISTA DRIVE, SUITE 300
GILBERT, AZ 85297
* $ -1,000 1 $ 285,000
GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION
100 PHOENIX DR, STE 300
ANN ARBOR, MI 48108
* $ -1,000 1 $ 135,000
ALLY BANK
2101, 300 EAST REXFORD RD
CHARLOTTE, NC 28211
* $ 167,492,000,000 1 $ 125,000
HALLMARK HOME MORTGAGE, LLC
7421 COLDWATER ROAD
FORT WAYNE, IN 46825
* $ -1,000 1 $ 285,000
WATERSTONE MORTGAGE CORPORATION
N25 W23255 PAUL ROAD
PEWAUKEE, WI 53072
* $ -1,000 1 $ 55,000
RUOFF MORTGAGE COMPANY, INC.
1700 MAGNAVOX WAY SUITE 220
FORT WAYNE, IN 46804
* $ -1,000 1 $ 105,000
DOW CHEMICAL EMPLOYEES'
600 E. LYON ROAD P.O. BOX 1649
MIDLAND, MI 48641
* $ 1,766,990,000 1 $ 65,000
MBANK
130 S CEDAR ST
MANISTIQUE, MI 49854
* $ 1,316,588,000 1 $ 165,000
ROSS MORTGAGE CORPORATION
2075 W. BIG BEAVER, SUITE 700
TROY, MI 48084
* $ -1,000 1 $ 355,000
PRIMELENDING, A PLAINSCAPITAL COMPANY
18111 PRESTON ROAD SUITE 900
DALLAS, TX 75252
* $ -1,000 1 $ 65,000
GENEVA FINANCIAL, LLC
1018 E. GUADALUPE ROAD
TEMPE, AZ 85283
* $ -1,000 1 $ 145,000
ISABELLA BANK
139 E. BROADWAY
MT. PLEASANT, MI 48858
* $ 1,763,432,000 1 $ 155,000
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP
3701 ARCO CORPORATE DR., SUITE 200
CHARLOTTE, NC 28273
* $ -1,000 1 $ 205,000
COUNTY NATIONAL BANK
ONE SOUTH HOWELL ST
HILLSDALE, MI 49242
* $ 736,752,000 1 $ 175,000
THRIVENT FEDERAL CREDIT UNION
625 FOURTH AVE S
MINNEAPOLIS, MN 55415
* $ 629,553,000 1 $ 135,000
MUTUAL OF OMAHA MORTGAGE, INC
3131 CAMINO DEL RIO N 190
SAN DIEGO, CA 92108
* $ -1,000 1 $ 175,000
ADVIA
550 S RIVERVIEW DR
PARCHMENT, MI 49004
* $ 2,084,525,000 1 $ 35,000
PARAMOUNT RESIDENTIAL MORTGAGE GROUP, INC.
1265 CORONA POINTE CT SUITE 301
CORONA, CA 92879
* $ -1,000 1 $ 135,000
MIDFIRST BANK
501 NW GRAND BLVD
OKLAHOMA CITY, OK 73118
* $ 22,986,309,000 1 $ 45,000
OAK MORTGAGE, LLC
113-125 E CHICAGO RD
STURGIS, MI 49091
* $ -1,000 1 $ 135,000
HIGHPOINT COMMUNITY BANK
150 W COURT ST
HASTINGS, MI 49058
* $ 324,552,000 1 $ 135,000
BM REAL ESTATE SERVICES, INC.
5016 N PARKWAY CALABASAS
CALABASAS, CA 91302
* $ -1,000 1 $ 145,000
GUARANTEED RATE, INC.
3940 NORTH RAVENSWOOD AVE
CHICAGO, IL 60613
* $ -1,000 1 $ 125,000
LENDUS, LLC
3236 STONE VALLEY ROAD W
ALAMO, CA 94507
* $ -1,000 1 $ 295,000
ACADEMY MORTGAGE CORPORATION
339 WEST 13490 SOUTH
DRAPER, UT 84020
* $ -1,000 1 $ 145,000
NORTHERN MORTGAGE SERVICES, LLC
3714 28TH ST SW
GRANDVILLE, MI 49418
* $ -1,000 1 $ 115,000
INTERCONTINENTAL CAPITAL GROUP, INC
50 JERICHO QUADRANGLE, SUITE 210
JERICHO, NY 11753
* $ -1,000 1 $ 95,000
COMMUNITY FINANCIAL CREDIT UNION
500 S HARVEY ST
PLYMOUTH, MI 48170
* $ 1,013,236,000 1 $ 145,000
TIAA, FSB
501 RIVERSIDE AVENUE
JACKSONVILLE, FL 32202
* $ 41,950,721,000 1 $ 75,000
MICHIGAN FIRST CREDIT UNION
27000 EVERGREEN
LATHRUP VILLAGE, MI 48076
* $ 980,071,000 1 $ 115,000
THE PARK NATIONAL BANK
50 N THIRD STREET
NEWARK, OH 43055
* $ 8,528,848,000 1 $ 105,000

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 Lake 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 316 $51,280,000 $162,000 $1,055,000 $96,000 $939,000
Refinancing 200 $24,550,000 $122,000 $485,000 $87,000 $393,000
Cash-out Refinancing 151 $19,185,000 $127,000 $325,000 $84,000 $587,000
Home Improvement 44 $2,910,000 $66,000 $295,000 $68,000 $295,000
Other Purpose 34 $2,560,000 $75,000 $255,000 $80,000 $270,000
Not Applicable 7 $535,000 $76,000 $155,000 $38,000 $38,000

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 574 $78,590,000 $136,000 $1,055,000 $90,000 $939,000
Not Provided 100 $11,950,000 $119,000 $535,000 $91,000 $450,000
Not applicable 39 $6,555,000 $168,000 $445,000 $15,000 $15,000
Black or African American 22 $2,010,000 $91,000 $295,000 $60,000 $132,000
Hispanic 11 $1,185,000 $107,000 $205,000 $77,000 $226,000
American Indian or Alaskan Native 4 $580,000 $145,000 $225,000 $52,000 $83,000
Asian 1 $75,000 $75,000 $75,000 $93,000 $93,000
Native Hawaiian or Other Pacific Islander 1 $75,000 $75,000 $75,000 $91,000 $91,000

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) 598 $80,350,000 $134,000 $1,055,000 $96,000 $939,000
FHA-insured (Federal Housing Administration) 75 $7,995,000 $106,000 $285,000 $39,000 $77,000
VA-guaranteed (Veterans Administration) 56 $9,450,000 $168,000 $315,000 $63,000 $110,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 23 $3,225,000 $140,000 $335,000 $56,000 $115,000

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 426 $60,170,000 $141,000 $1,055,000 $97,000 $939,000
Application Denied By Financial Institution 113 $12,365,000 $109,000 $485,000 $65,000 $308,000
Application Withdrawn By Applicant 98 $12,220,000 $124,000 $485,000 $78,000 $458,000
File Closed For Incompleteness 51 $6,025,000 $118,000 $285,000 $80,000 $580,000
Loan Purchased By The Institution 45 $7,735,000 $171,000 $445,000 $172,000 $322,000
Application Approved But Not Accepted 19 $2,505,000 $131,000 $265,000 $81,000 $211,000
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
Not applicable 634 $87,890,000 $138,000 $1,055,000 $93,000 $939,000
Credit History 31 $2,675,000 $86,000 $245,000 $67,000 $300,000
Debt-To-Income Ratio 31 $3,745,000 $120,000 $475,000 $46,000 $170,000
Collateral 24 $2,740,000 $114,000 $355,000 $76,000 $193,000
Other 13 $1,915,000 $147,000 $485,000 $101,000 $308,000
Credit Application Incomplete 10 $1,250,000 $125,000 $205,000 $57,000 $100,000
Unverifiable Information 3 $345,000 $115,000 $185,000 $107,000 $140,000
Employment History 3 $175,000 $58,000 $95,000 $26,000 $54,000
Insufficient Cash (Downpayment, Closing Cost) 3 $285,000 $95,000 $145,000 $57,000 $87,000
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