Amerifirst Financial Corporati
Mortgage Loan Application
Totals and Details
for 2011

Find mortgage loan statistics, lending data, and loan application totals for Michigan.
The mortgage statistics and data below are specific to mortgage loan applications for Amerifirst Financial Corporati.
Search for mortgage lenders by state, county, or metropolitan area
and explore the loan application details and stats broken down by several loan categories from 2003-2021.

Mortgage Company & Address Amerifirst Financial Corporati
616 West Centre Avenue
Portage, MI 49024
Tel #: available with data download
Federal Regulator * available with data download
Years 2011  2010  2009  2008  2007  2006  2005  2004  2003  
Total Number of Mortgage Applications 4,297
Total Mortgage Loan Application Amount $509,332,000
Average Mortgage Loan Application Amount $124,000
Highest Mortgage Loan Application Amount $455,000
Average Applicant Income $71,000
Highest Applicant Income $4,000,000

Overall mortgage application loan totals and averages for this lender are provided for each year by county, metro area, and the entire US.
The loan data is broken down by loan purpose, loan type, applicant race, application outcome, and denial reason. With this information, you can get a detailed view of locations where the mortgage lender is actively processing applications as well as the types and outcomes of loans from these applications.
As you search for mortgage loan stats and lending data in MI, the totals and averages will help you understand where the lender does business as well as the volume of business they do.

Mortgage Loan Application Totals for Amerifirst Financial Corporati by County in 2011

County Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loans Applications Average Mortgage Loan Application Amount Average Applicant Income
Kalamazoo County Michigan 458 $ 65,010,000 $ 141,000 $ 95,000
Kent County Michigan 366 $ 47,640,000 $ 130,000 $ 73,000
Calhoun County Michigan 239 $ 22,202,000 $ 92,000 $ 57,000
St. Joseph County Michigan 206 $ 18,955,000 $ 92,000 $ 46,000
Berrien County Michigan 132 $ 13,631,000 $ 103,000 $ 55,000
Hamilton County Ohio 132 $ 16,225,000 $ 122,000 $ 64,000
Allegan County Michigan 118 $ 13,766,000 $ 116,000 $ 65,000
Ottawa County Michigan 117 $ 17,321,000 $ 148,000 $ 79,000
Branch County Michigan 113 $ 9,934,000 $ 87,000 $ 46,000
Van Buren County Michigan 92 $ 10,521,000 $ 114,000 $ 67,000
Saginaw County Michigan 89 $ 7,838,000 $ 88,000 $ 47,000
St. Clair County Michigan 89 $ 9,400,000 $ 105,000 $ 60,000
Barry County Michigan 78 $ 8,178,000 $ 104,000 $ 51,000
Marion County Indiana 68 $ 8,082,000 $ 118,000 $ 67,000
Dearborn County Indiana 65 $ 9,330,000 $ 143,000 $ 58,000
Hamilton County Indiana 63 $ 10,653,000 $ 169,000 $ 114,000
Butler County Ohio 56 $ 6,696,000 $ 119,000 $ 70,000
Allen County Indiana 46 $ 6,233,000 $ 135,000 $ 62,000
Wexford County Michigan 44 $ 4,102,000 $ 93,000 $ 51,000
Elkhart County Indiana 40 $ 4,020,000 $ 100,000 $ 46,000
Ross County Ohio 39 $ 4,147,000 $ 106,000 $ 56,000
Shiawassee County Michigan 38 $ 3,364,000 $ 88,000 $ 57,000
Howard County Indiana 37 $ 4,349,000 $ 117,000 $ 70,000
Wayne County Ohio 35 $ 4,085,000 $ 116,000 $ 46,000
Lake County Indiana 34 $ 5,815,000 $ 171,000 $ 70,000
Oakland County Michigan 34 $ 5,744,000 $ 168,000 $ 95,000
Sanilac County Michigan 34 $ 2,187,000 $ 64,000 $ 37,000
Wayne County Michigan 34 $ 2,608,000 $ 76,000 $ 62,000
Macomb County Michigan 32 $ 4,336,000 $ 135,000 $ 73,000
Cass County Michigan 31 $ 2,699,000 $ 87,000 $ 50,000
Catawba County North Carolina 31 $ 3,524,000 $ 113,000 $ 53,000
Alpena County Michigan 30 $ 2,342,000 $ 78,000 $ 46,000
Wakulla County Florida 28 $ 4,152,000 $ 148,000 $ 58,000
Hillsdale County Michigan 28 $ 2,094,000 $ 74,000 $ 38,000
Genesee County Michigan 27 $ 2,763,000 $ 102,000 $ 57,000
Williamson County Tennessee 27 $ 5,853,000 $ 216,000 $ 81,000
Jackson County Michigan 26 $ 2,121,000 $ 81,000 $ 46,000
Warren County Ohio 24 $ 3,437,000 $ 143,000 $ 56,000
Grant County Indiana 23 $ 1,995,000 $ 86,000 $ 62,000
Muskegon County Michigan 23 $ 2,318,000 $ 100,000 $ 62,000
Clermont County Ohio 23 $ 2,937,000 $ 127,000 $ 61,000
Otsego County Michigan 22 $ 2,259,000 $ 102,000 $ 58,000
Davidson County Tennessee 21 $ 3,180,000 $ 151,000 $ 62,000
Milwaukee County Wisconsin 21 $ 2,562,000 $ 122,000 $ 65,000
Delaware County Indiana 20 $ 1,835,000 $ 91,000 $ 60,000
Midland County Michigan 20 $ 2,492,000 $ 124,000 $ 62,000
Johnson County Indiana 19 $ 2,695,000 $ 141,000 $ 107,000
Missaukee County Michigan 19 $ 1,561,000 $ 82,000 $ 38,000
Montcalm County Michigan 19 $ 1,668,000 $ 87,000 $ 47,000
Newaygo County Michigan 19 $ 2,232,000 $ 117,000 $ 62,000
Montgomery County Ohio 19 $ 1,883,000 $ 99,000 $ 49,000
Ionia County Michigan 18 $ 1,716,000 $ 95,000 $ 45,000
Waukesha County Wisconsin 18 $ 3,210,000 $ 178,000 $ 74,000
Ingham County Michigan 17 $ 1,899,000 $ 111,000 $ 53,000
Kenosha County Wisconsin 16 $ 1,883,000 $ 117,000 $ 54,000
Vermilion County Illinois 15 $ 1,198,000 $ 79,000 $ 41,000
Clark County Indiana 15 $ 2,006,000 $ 133,000 $ 61,000
Franklin County Indiana 15 $ 1,531,000 $ 102,000 $ 39,000
Bay County Michigan 15 $ 1,299,000 $ 86,000 $ 49,000
Eaton County Michigan 15 $ 1,866,000 $ 124,000 $ 68,000
Buncombe County North Carolina 15 $ 1,957,000 $ 130,000 $ 41,000
Hendricks County Indiana 14 $ 2,008,000 $ 143,000 $ 69,000
Grand Traverse County Michigan 14 $ 1,767,000 $ 126,000 $ 58,000
Porter County Indiana 13 $ 2,125,000 $ 163,000 $ 69,000
Jefferson County Kentucky 13 $ 1,625,000 $ 125,000 $ 64,000
Montmorency County Michigan 13 $ 964,000 $ 74,000 $ 33,000
LaGrange County Indiana 12 $ 1,519,000 $ 126,000 $ 58,000
Osceola County Michigan 12 $ 985,000 $ 82,000 $ 44,000
St. Joseph County Indiana 11 $ 1,561,000 $ 141,000 $ 65,000
Tipton County Indiana 11 $ 1,071,000 $ 97,000 $ 69,000
Mecosta County Michigan 11 $ 866,000 $ 78,000 $ 52,000
Presque Isle County Michigan 11 $ 1,160,000 $ 105,000 $ 75,000
Pickaway County Ohio 11 $ 1,492,000 $ 135,000 $ 65,000
Tuscola County Michigan 10 $ 730,000 $ 73,000 $ 49,000
DeKalb County Indiana 9 $ 911,000 $ 101,000 $ 43,000
Gallatin County Kentucky 9 $ 1,038,000 $ 115,000 $ 51,000
Lapeer County Michigan 9 $ 976,000 $ 108,000 $ 75,000
Roscommon County Michigan 9 $ 956,000 $ 106,000 $ 70,000
Ripley County Indiana 8 $ 817,000 $ 102,000 $ 39,000
Vanderburgh County Indiana 8 $ 1,002,000 $ 125,000 $ 46,000
Washtenaw County Michigan 8 $ 1,530,000 $ 191,000 $ 128,000
Rutherford County Tennessee 8 $ 964,000 $ 120,000 $ 53,000
Kosciusko County Indiana 7 $ 1,033,000 $ 147,000 $ 180,000
Madison County Indiana 7 $ 622,000 $ 88,000 $ 44,000
Noble County Indiana 7 $ 607,000 $ 86,000 $ 47,000
Steuben County Indiana 7 $ 910,000 $ 130,000 $ 94,000
Fayette County Kentucky 7 $ 996,000 $ 142,000 $ 77,000
Preble County Ohio 7 $ 708,000 $ 101,000 $ 45,000
Madison County Florida 6 $ 503,000 $ 83,000 $ 54,000
Taylor County Florida 6 $ 671,000 $ 111,000 $ 73,000
Floyd County Indiana 6 $ 606,000 $ 101,000 $ 51,000
Jay County Indiana 6 $ 475,000 $ 79,000 $ 32,000
Union County Indiana 6 $ 671,000 $ 111,000 $ 51,000
Kenton County Kentucky 6 $ 821,000 $ 136,000 $ 66,000
Lake County Michigan 6 $ 426,000 $ 71,000 $ 68,000
Caldwell County North Carolina 6 $ 535,000 $ 89,000 $ 31,000
Brown County Ohio 6 $ 752,000 $ 125,000 $ 60,000
Boone County Indiana 5 $ 1,384,000 $ 276,000 $ 104,000
Fayette County Indiana 5 $ 465,000 $ 93,000 $ 46,000
Antrim County Michigan 5 $ 1,348,000 $ 269,000 $ 255,000
Gratiot County Michigan 5 $ 427,000 $ 85,000 $ 37,000
Lenawee County Michigan 5 $ 513,000 $ 102,000 $ 37,000
Livingston County Michigan 5 $ 777,000 $ 155,000 $ 66,000
Monroe County Michigan 5 $ 459,000 $ 91,000 $ 54,000
Chisago County Minnesota 5 $ 551,000 $ 110,000 $ 62,000
Burke County North Carolina 5 $ 649,000 $ 129,000 $ 44,000
Henderson County North Carolina 5 $ 694,000 $ 138,000 $ 37,000
Ashland County Ohio 5 $ 746,000 $ 149,000 $ 58,000
Delaware County Ohio 5 $ 1,207,000 $ 241,000 $ 121,000
Franklin County Ohio 5 $ 749,000 $ 149,000 $ 61,000
Stark County Ohio 5 $ 513,000 $ 102,000 $ 46,000
Wilson County Tennessee 5 $ 595,000 $ 119,000 $ 43,000
Racine County Wisconsin 5 $ 677,000 $ 135,000 $ 71,000
Bartholomew County Indiana 4 $ 470,000 $ 117,000 $ 59,000
Blackford County Indiana 4 $ 229,000 $ 57,000 $ 47,000
Decatur County Indiana 4 $ 365,000 $ 91,000 $ 28,000
Boone County Kentucky 4 $ 869,000 $ 217,000 $ 103,000
Madison County Kentucky 4 $ 534,000 $ 133,000 $ 64,000
Montgomery County Kentucky 4 $ 607,000 $ 151,000 $ 62,000
Benzie County Michigan 4 $ 705,000 $ 176,000 $ 84,000
Charlevoix County Michigan 4 $ 1,024,000 $ 256,000 $ 166,000
Cheboygan County Michigan 4 $ 469,000 $ 117,000 $ 49,000
Clare County Michigan 4 $ 235,000 $ 58,000 $ 71,000
Crawford County Michigan 4 $ 591,000 $ 147,000 $ 42,000
Gladwin County Michigan 4 $ 469,000 $ 117,000 $ 53,000
Isabella County Michigan 4 $ 493,000 $ 123,000 $ 79,000
Ogemaw County Michigan 4 $ 819,000 $ 204,000 $ 332,000
Fairfield County Ohio 4 $ 533,000 $ 133,000 $ 39,000
Holmes County Ohio 4 $ 679,000 $ 169,000 $ 71,000
Summit County Ohio 4 $ 419,000 $ 104,000 $ 111,000
Leon County Florida 3 $ 386,000 $ 128,000 $ 60,000
Hancock County Indiana 3 $ 359,000 $ 119,000 $ 38,000
Jasper County Indiana 3 $ 198,000 $ 66,000 $ 27,000
LaPorte County Indiana 3 $ 241,000 $ 80,000 $ 46,000
Ohio County Indiana 3 $ 248,000 $ 82,000 $ 34,000
Shelby County Indiana 3 $ 279,000 $ 93,000 $ 54,000
Switzerland County Indiana 3 $ 384,000 $ 128,000 $ 62,000
Wells County Indiana 3 $ 501,000 $ 167,000 $ 80,000
Grant County Kentucky 3 $ 316,000 $ 105,000 $ 51,000
Clinton County Michigan 3 $ 290,000 $ 96,000 $ 47,000
Emmet County Michigan 3 $ 625,000 $ 208,000 $ 239,000
Kalkaska County Michigan 3 $ 221,000 $ 73,000 $ 52,000
Oscoda County Michigan 3 $ 294,000 $ 98,000 $ 45,000
Anoka County Minnesota 3 $ 871,000 $ 290,000 $ 107,000
Hennepin County Minnesota 3 $ 419,000 $ 139,000 $ 64,000
Ramsey County Minnesota 3 $ 324,000 $ 108,000 $ 115,000
Cuyahoga County Ohio 3 $ 314,000 $ 104,000 $ 62,000
Greene County Ohio 3 $ 643,000 $ 214,000 $ 86,000
Tuscarawas County Ohio 3 $ 321,000 $ 107,000 $ 68,000
Hamilton County Tennessee 3 $ 484,000 $ 161,000 $ 74,000
Sumner County Tennessee 3 $ 224,000 $ 74,000 $ 53,000
Gadsden County Florida 2 $ 224,000 $ 112,000 $ 58,000
Jackson County Florida 2 $ 304,000 $ 152,000 $ 91,000
Jefferson County Florida 2 $ 207,000 $ 103,000 $ 45,000
Lee County Florida 2 $ 497,000 $ 248,000 $ 159,000
Sarasota County Florida 2 $ 187,000 $ 93,000 $ 95,000
Cook County Illinois 2 $ 269,000 $ 134,000 $ 61,000
Brown County Indiana 2 $ 530,000 $ 265,000 $ 216,000
Clinton County Indiana 2 $ 213,000 $ 106,000 $ 40,000
Henry County Indiana 2 $ 273,000 $ 136,000 $ 45,000
Miami County Indiana 2 $ 264,000 $ 132,000 $ 73,000
Morgan County Indiana 2 $ 307,000 $ 153,000 $ 59,000
Starke County Indiana 2 $ 162,000 $ 81,000 $ 83,000
Tippecanoe County Indiana 2 $ 155,000 $ 77,000 $ 106,000
Whitley County Indiana 2 $ 252,000 $ 126,000 $ 72,000
Campbell County Kentucky 2 $ 449,000 $ 224,000 $ 53,000
Clark County Kentucky 2 $ 305,000 $ 152,000 $ 53,000
Menifee County Kentucky 2 $ 177,000 $ 88,000 $ 36,000
Rockcastle County Kentucky 2 $ 232,000 $ 116,000 $ 31,000
Woodford County Kentucky 2 $ 229,000 $ 114,000 $ 43,000
Huron County Michigan 2 $ 97,000 $ 48,000 $ 24,000
Iosco County Michigan 2 $ 231,000 $ 115,000 $ 83,000
Leelanau County Michigan 2 $ 270,000 $ 135,000 $ 68,000
Manistee County Michigan 2 $ 494,000 $ 247,000 $ 113,000
Oceana County Michigan 2 $ 528,000 $ 264,000 $ 301,000
Wake County North Carolina 2 $ 166,000 $ 83,000 $ 32,000
Highland County Ohio 2 $ 317,000 $ 158,000 $ 81,000
Hocking County Ohio 2 $ 178,000 $ 89,000 $ 47,000
Pike County Ohio 2 $ 175,000 $ 87,000 $ 65,000
Shelby County Ohio 2 $ 221,000 $ 110,000 $ 39,000
Dickson County Tennessee 2 $ 201,000 $ 100,000 $ 49,000
Maury County Tennessee 2 $ 230,000 $ 115,000 $ 43,000
Jefferson County Wisconsin 2 $ 267,000 $ 133,000 $ 52,000
Walworth County Wisconsin 2 $ 337,000 $ 168,000 $ 67,000
Washington County Wisconsin 2 $ 308,000 $ 154,000 $ 65,000
Bay County Florida 1 $ 46,000 $ 46,000 $ 110,000
Clay County Florida 1 $ 258,000 $ 258,000 $ 69,000
Duval County Florida 1 $ 48,000 $ 48,000 $ 47,000
Liberty County Florida 1 $ 180,000 $ 180,000 $ 64,000
Nassau County Florida 1 $ 168,000 $ 168,000 $ 61,000
Orange County Florida 1 $ 252,000 $ 252,000 $ 85,000
Palm Beach County Florida 1 $ 78,000 $ 78,000 $ 34,000
Pasco County Florida 1 $ 154,000 $ 154,000 $ 85,000
Santa Rosa County Florida 1 $ 119,000 $ 119,000 $ 87,000
Seminole County Florida 1 $ 253,000 $ 253,000 $ 93,000
DuPage County Illinois 1 $ 81,000 $ 81,000 $ 50,000
Kane County Illinois 1 $ 92,000 $ 92,000 $ 60,000
Lake County Illinois 1 $ 92,000 $ 92,000 $ 49,000
Adams County Indiana 1 $ 124,000 $ 124,000 $ 70,000
Cass County Indiana 1 $ 45,000 $ 45,000 $ 13,000
Huntington County Indiana 1 $ 30,000 $ 30,000 $ 42,000
Jackson County Indiana 1 $ 85,000 $ 85,000 $ 27,000
Jefferson County Indiana 1 $ 112,000 $ 112,000 $ 54,000
Marshall County Indiana 1 $ 415,000 $ 415,000 $ 209,000
Posey County Indiana 1 $ 165,000 $ 165,000 $ 76,000
Randolph County Indiana 1 $ 54,000 $ 54,000 $ 89,000
Rush County Indiana 1 $ 125,000 $ 125,000 $ 43,000
Scott County Indiana 1 $ 85,000 $ 85,000 $ 28,000
Wabash County Indiana 1 $ 140,000 $ 140,000 $ 104,000
Warren County Indiana 1 $ 128,000 $ 128,000 $ 44,000
Wayne County Indiana 1 $ 90,000 $ 90,000 $ 28,000
Bracken County Kentucky 1 $ 76,000 $ 76,000 $ 66,000
Breckinridge County Kentucky 1 $ 71,000 $ 71,000 $ 137,000
Garrard County Kentucky 1 $ 83,000 $ 83,000 $ 29,000
Jessamine County Kentucky 1 $ 143,000 $ 143,000 $ 52,000
Johnson County Kentucky 1 $ 102,000 $ 102,000 $ 73,000
Lincoln County Kentucky 1 $ 200,000 $ 200,000 $ 97,000
Magoffin County Kentucky 1 $ 125,000 $ 125,000 $ 64,000
Mercer County Kentucky 1 $ 93,000 $ 93,000 $ 20,000
Nicholas County Kentucky 1 $ 101,000 $ 101,000 $ 37,000
Oldham County Kentucky 1 $ 123,000 $ 123,000 $ 24,000
Perry County Kentucky 1 $ 85,000 $ 85,000 $ 38,000
Scott County Kentucky 1 $ 101,000 $ 101,000 $ 45,000
Shelby County Kentucky 1 $ 214,000 $ 214,000 $ 100,000
Whitley County Kentucky 1 $ 48,000 $ 48,000 $ 31,000
Alger County Michigan 1 $ 76,000 $ 76,000 $ 17,000
Arenac County Michigan 1 $ 45,000 $ 45,000 $ 32,000
Mackinac County Michigan 1 $ 163,000 $ 163,000 $ 157,000
Nicollet County Minnesota 1 $ 111,000 $ 111,000 $ 114,000
Pine County Minnesota 1 $ 203,000 $ 203,000 $ 63,000
St. Louis County Minnesota 1 $ 114,000 $ 114,000 $ 55,000
Washington County Minnesota 1 $ 129,000 $ 129,000 $ 126,000
Alexander County North Carolina 1 $ 122,000 $ 122,000 $ 39,000
Ashe County North Carolina 1 $ 273,000 $ 273,000 $ 153,000
Avery County North Carolina 1 $ 73,000 $ 73,000 $ 92,000
Iredell County North Carolina 1 $ 90,000 $ 90,000 $ 37,000
Macon County North Carolina 1 $ 81,000 $ 81,000 $ 82,000
Madison County North Carolina 1 $ 193,000 $ 193,000 $ 51,000
Mecklenburg County North Carolina 1 $ 78,000 $ 78,000 $ 41,000
Nash County North Carolina 1 $ 58,000 $ 58,000 $ 39,000
Person County North Carolina 1 $ 50,000 $ 50,000 $ 50,000
Pitt County North Carolina 1 $ 50,000 $ 50,000 $ 25,000
Rockingham County North Carolina 1 $ 164,000 $ 164,000 $ 48,000
Rowan County North Carolina 1 $ 216,000 $ 216,000 $ 105,000
Sampson County North Carolina 1 $ 98,000 $ 98,000 $ 78,000
Transylvania County North Carolina 1 $ 90,000 $ 90,000 $ 87,000
Adams County Ohio 1 $ 99,000 $ 99,000 $ 54,000
Clinton County Ohio 1 $ 121,000 $ 121,000 $ 28,000
Erie County Ohio 1 $ 42,000 $ 42,000 $ 15,000
Fulton County Ohio 1 $ 41,000 $ 41,000 $ 20,000
Gallia County Ohio 1 $ 159,000 $ 159,000 $ 74,000
Hancock County Ohio 1 $ 146,000 $ 146,000 $ 59,000
Lorain County Ohio 1 $ 55,000 $ 55,000 $ 29,000
Richland County Ohio 1 $ 120,000 $ 120,000 $ 41,000
Scioto County Ohio 1 $ 36,000 $ 36,000 $ 100,000
Wood County Ohio 1 $ 172,000 $ 172,000 $ 120,000
Bedford County Tennessee 1 $ 134,000 $ 134,000 $ 25,000
Cannon County Tennessee 1 $ 155,000 $ 155,000 $ 55,000
DeKalb County Tennessee 1 $ 135,000 $ 135,000 $ 82,000
Franklin County Tennessee 1 $ 66,000 $ 66,000 $ 27,000
Gibson County Tennessee 1 $ 65,000 $ 65,000 $ 24,000
Loudon County Tennessee 1 $ 232,000 $ 232,000 $ 73,000
Marshall County Tennessee 1 $ 97,000 $ 97,000 $ 27,000
Montgomery County Tennessee 1 $ 62,000 $ 62,000 $ 38,000
Perry County Tennessee 1 $ 105,000 $ 105,000 $ 148,000
Scott County Tennessee 1 $ 65,000 $ 65,000 $ 10,000
Trousdale County Tennessee 1 $ 81,000 $ 81,000 $ 41,000
Washington County Tennessee 1 $ 83,000 $ 83,000 $ 67,000
Dane County Wisconsin 1 $ 250,000 $ 250,000 $ 113,000
Douglas County Wisconsin 1 $ 78,000 $ 78,000 $ 40,000
Green County Wisconsin 1 $ 222,000 $ 222,000 $ 52,000
Green Lake County Wisconsin 1 $ 118,000 $ 118,000 $ 58,000
Oconto County Wisconsin 1 $ 61,000 $ 61,000 $ 35,000
Outagamie County Wisconsin 1 $ 160,000 $ 160,000 $ 66,000
Ozaukee County Wisconsin 1 $ 188,000 $ 188,000 $ 72,000
Shawano County Wisconsin 1 $ 119,000 $ 119,000 $ 121,000

The mortgage data stats below are displayed in sortable categories such as loan purpose, race of mortgage applicant, loan type, the outcome of the application, and reason for denial.
Each category breaks down the total number of mortgage applications, the total dollar amount for those applications, the average mortgage amount, the highest mortgage loan applied for within that category, the average income of the mortgage applicants, and the highest income of the mortgage applicants.
You can also download the entire list of mortgage lenders along with their aggregated lending data for the state of Michigan, and search the same numbers and information back through 2003.

Mortgage Loan Application Detail Totals for Amerifirst Financial Corporati in 2011

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 2,928 $305,852,000 $104,000 $455,000 $53,000 $582,000
Refinancing 1,053 $169,347,000 $160,000 $417,000 $102,000 $4,000,000
Home Improvement 316 $34,133,000 $108,000 $420,000 $58,000 $228,000

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 4,028 $482,167,000 $119,000 $455,000 $65,000 $807,000
Black or African American 151 $15,981,000 $105,000 $417,000 $82,000 $4,000,000
Hispanic 70 $6,426,000 $91,000 $293,000 $45,000 $187,000
Asian 27 $2,695,000 $99,000 $261,000 $51,000 $135,000
Not Provided 16 $1,585,000 $99,000 $229,000 $46,000 $144,000
American Indian or Alaskan Native 3 $245,000 $81,000 $168,000 $49,000 $75,000
Native Hawaiian or Other Pacific Islander 2 $233,000 $116,000 $118,000 $35,000 $42,000
Not applicable 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
FHA-insured (Federal Housing Administration) 1,685 $186,831,000 $110,000 $420,000 $56,000 $514,000
Conventional (any loan other than FHA, VA, FSA, or RHS loans) 1,313 $197,890,000 $150,000 $417,000 $102,000 $4,000,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 1,165 $106,175,000 $91,000 $307,000 $39,000 $91,000
VA-guaranteed (Veterans Administration) 134 $18,436,000 $137,000 $455,000 $60,000 $145,000

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 2,980 $344,533,000 $115,000 $455,000 $62,000 $763,000
Application Withdrawn By Applicant 522 $65,735,000 $125,000 $417,000 $74,000 $4,000,000
Application Denied By Financial Institution 427 $47,205,000 $110,000 $417,000 $57,000 $574,000
Application Approved But Not Accepted 191 $21,727,000 $113,000 $417,000 $62,000 $795,000
Loan Purchased By The Institution 141 $25,643,000 $181,000 $417,000 $133,000 $807,000
File Closed For Incompleteness 36 $4,489,000 $124,000 $417,000 $81,000 $471,000
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 120 $13,867,000 $115,000 $409,000 $65,000 $574,000
Credit History 92 $10,322,000 $112,000 $343,000 $56,000 $528,000
Other 83 $9,415,000 $113,000 $417,000 $64,000 $501,000
Debt-To-Income Ratio 79 $8,224,000 $104,000 $292,000 $43,000 $122,000
Insufficient Cash (Downpayment, Closing Cost) 25 $2,358,000 $94,000 $412,000 $49,000 $165,000
Employment History 15 $1,439,000 $95,000 $230,000 $45,000 $187,000
Unverifiable Information 11 $1,165,000 $105,000 $251,000 $54,000 $137,000
Mortgage Insurance Denied 2 $415,000 $207,000 $270,000 $75,000 $85,000
Credit Application Incomplete 0 $0 $0 $0 $0 $0

These totals and details for mortgage applications will give you a better idea of what to expect when researching mortgage lenders. Whether you are looking for a home loan, for home refinancing, or for home improvement loan statistics, we have the information you need. This mortgage loan data gives you everything you need to know as you start your search for the best lenders in MI, and gives you an idea of what the best mortgage lenders really are.

If you prefer, you can download a copy of the entire list of mortgage lenders in Michigan, and search similar information at your convenience.

Download the Michigan Lender List