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 Arbor Mortgage Corporation.
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 | Arbor Mortgage Corporation 2311 East Beltline Ave Se 200 Grand Rapids, MI 49546 Tel #: available with data download |
Federal Regulator | * available with data download |
Years | 2012 2011 2010 2009 2008 2007 |
Total Number of Mortgage Applications | 1,886 |
Total Mortgage Loan Application Amount | $324,548,000 |
Average Mortgage Loan Application Amount | $223,000 |
Highest Mortgage Loan Application Amount | $10,000,000 |
Average Applicant Income | $131,333 |
Highest Applicant Income | $742,000 |
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.
County | Total Number of Mortgage Loan Applications | Total Dollar Amount of Mortgage Loans Applications | Average Mortgage Loan Application Amount | Average Applicant Income |
---|---|---|---|---|
Oakland County Michigan | 259 | $ 47,863,000 | $ 184,000 | $ 101,000 |
Kent County Michigan | 213 | $ 44,115,000 | $ 207,000 | $ 84,000 |
Wayne County Michigan | 127 | $ 23,616,000 | $ 185,000 | $ 105,000 |
Allen County Indiana | 118 | $ 16,369,000 | $ 138,000 | $ 51,000 |
Macomb County Michigan | 114 | $ 18,663,000 | $ 163,000 | $ 85,000 |
Livingston County Michigan | 91 | $ 17,965,000 | $ 197,000 | $ 109,000 |
Washtenaw County Michigan | 91 | $ 17,929,000 | $ 197,000 | $ 104,000 |
Ottawa County Michigan | 82 | $ 13,800,000 | $ 168,000 | $ 75,000 |
Kalamazoo County Michigan | 45 | $ 7,508,000 | $ 166,000 | $ 80,000 |
Genesee County Michigan | 36 | $ 4,839,000 | $ 134,000 | $ 65,000 |
Ingham County Michigan | 36 | $ 5,213,000 | $ 144,000 | $ 91,000 |
Allegan County Michigan | 32 | $ 4,834,000 | $ 151,000 | $ 74,000 |
Jackson County Michigan | 29 | $ 4,258,000 | $ 146,000 | $ 73,000 |
Muskegon County Michigan | 29 | $ 4,394,000 | $ 151,000 | $ 94,000 |
Eaton County Michigan | 27 | $ 4,117,000 | $ 152,000 | $ 55,000 |
Clinton County Michigan | 25 | $ 4,383,000 | $ 175,000 | $ 102,000 |
Barry County Michigan | 24 | $ 3,668,000 | $ 152,000 | $ 44,000 |
Monroe County Michigan | 22 | $ 3,473,000 | $ 157,000 | $ 74,000 |
Steuben County Indiana | 19 | $ 3,883,000 | $ 204,000 | $ 73,000 |
St. Clair County Michigan | 19 | $ 2,939,000 | $ 154,000 | $ 130,000 |
Van Buren County Michigan | 18 | $ 2,435,000 | $ 135,000 | $ 82,000 |
Berrien County Michigan | 17 | $ 3,081,000 | $ 181,000 | $ 72,000 |
Grand Traverse County Michigan | 17 | $ 3,545,000 | $ 208,000 | $ 85,000 |
Lapeer County Michigan | 13 | $ 1,891,000 | $ 145,000 | $ 75,000 |
Ionia County Michigan | 12 | $ 1,885,000 | $ 157,000 | $ 51,000 |
Lenawee County Michigan | 12 | $ 2,040,000 | $ 170,000 | $ 75,000 |
Hennepin County Minnesota | 12 | $ 2,667,000 | $ 222,000 | $ 92,000 |
Calhoun County Michigan | 11 | $ 1,189,000 | $ 108,000 | $ 47,000 |
Marion County Indiana | 10 | $ 1,632,000 | $ 163,000 | $ 63,000 |
Saginaw County Michigan | 10 | $ 1,468,000 | $ 146,000 | $ 70,000 |
Ramsey County Minnesota | 10 | $ 1,570,000 | $ 157,000 | $ 60,000 |
Johnson County Indiana | 9 | $ 1,403,000 | $ 155,000 | $ 49,000 |
Whitley County Indiana | 9 | $ 1,502,000 | $ 166,000 | $ 98,000 |
Hamilton County Indiana | 8 | $ 1,438,000 | $ 179,000 | $ 58,000 |
Otsego County Michigan | 8 | $ 1,249,000 | $ 156,000 | $ 86,000 |
Bay County Michigan | 7 | $ 777,000 | $ 111,000 | $ 63,000 |
Montcalm County Michigan | 7 | $ 725,000 | $ 103,000 | $ 69,000 |
Shiawassee County Michigan | 7 | $ 923,000 | $ 131,000 | $ 55,000 |
Washington County Minnesota | 7 | $ 1,312,000 | $ 187,000 | $ 85,000 |
Elkhart County Indiana | 6 | $ 739,000 | $ 123,000 | $ 59,000 |
Lake County Indiana | 6 | $ 771,000 | $ 128,000 | $ 71,000 |
Noble County Indiana | 6 | $ 1,396,000 | $ 232,000 | $ 71,000 |
St. Joseph County Indiana | 6 | $ 902,000 | $ 150,000 | $ 51,000 |
Hillsdale County Michigan | 6 | $ 841,000 | $ 140,000 | $ 110,000 |
Dakota County Minnesota | 6 | $ 1,129,000 | $ 188,000 | $ 83,000 |
Huntington County Indiana | 5 | $ 560,000 | $ 112,000 | $ 18,000 |
Tippecanoe County Indiana | 5 | $ 859,000 | $ 171,000 | $ 75,000 |
Branch County Michigan | 5 | $ 635,000 | $ 127,000 | $ 50,000 |
Charlevoix County Michigan | 5 | $ 966,000 | $ 193,000 | $ 73,000 |
Cheboygan County Michigan | 5 | $ 749,000 | $ 149,000 | $ 100,000 |
Emmet County Michigan | 5 | $ 710,000 | $ 142,000 | $ 53,000 |
Huron County Michigan | 5 | $ 1,148,000 | $ 229,000 | $ 85,000 |
Menominee County Michigan | 5 | $ 758,000 | $ 151,000 | $ 93,000 |
Midland County Michigan | 5 | $ 1,089,000 | $ 217,000 | $ 184,000 |
Kosciusko County Indiana | 4 | $ 768,000 | $ 192,000 | $ 56,000 |
Chippewa County Michigan | 4 | $ 441,000 | $ 110,000 | $ 47,000 |
Clare County Michigan | 4 | $ 315,000 | $ 78,000 | $ 119,000 |
St. Joseph County Michigan | 4 | $ 538,000 | $ 134,000 | $ 102,000 |
DeKalb County Indiana | 3 | $ 461,000 | $ 153,000 | $ 37,000 |
Hancock County Indiana | 3 | $ 543,000 | $ 181,000 | $ 78,000 |
Jasper County Indiana | 3 | $ 418,000 | $ 139,000 | $ 54,000 |
LaGrange County Indiana | 3 | $ 349,000 | $ 116,000 | $ 61,000 |
Madison County Indiana | 3 | $ 355,000 | $ 118,000 | $ 49,000 |
Marshall County Indiana | 3 | $ 494,000 | $ 164,000 | $ 29,000 |
Miami County Indiana | 3 | $ 242,000 | $ 80,000 | $ 35,000 |
Morgan County Indiana | 3 | $ 525,000 | $ 175,000 | $ 77,000 |
Antrim County Michigan | 3 | $ 645,000 | $ 215,000 | $ 79,000 |
Benzie County Michigan | 3 | $ 626,000 | $ 208,000 | $ 144,000 |
Cass County Michigan | 3 | $ 368,000 | $ 122,000 | $ 30,000 |
Isabella County Michigan | 3 | $ 338,000 | $ 112,000 | $ 41,000 |
Leelanau County Michigan | 3 | $ 583,000 | $ 194,000 | $ 51,000 |
Mackinac County Michigan | 3 | $ 707,000 | $ 235,000 | $ 132,000 |
Manistee County Michigan | 3 | $ 454,000 | $ 151,000 | $ 177,000 |
Mecosta County Michigan | 3 | $ 629,000 | $ 209,000 | $ 148,000 |
Newaygo County Michigan | 3 | $ 332,000 | $ 110,000 | $ 46,000 |
Oceana County Michigan | 3 | $ 787,000 | $ 262,000 | $ 486,000 |
Osceola County Michigan | 3 | $ 392,000 | $ 130,000 | $ 40,000 |
Roscommon County Michigan | 3 | $ 396,000 | $ 132,000 | $ 105,000 |
Mille Lacs County Minnesota | 3 | $ 342,000 | $ 114,000 | $ 58,000 |
Fulton County Indiana | 2 | $ 182,000 | $ 91,000 | $ 31,000 |
Greene County Indiana | 2 | $ 329,000 | $ 164,000 | $ 36,000 |
Harrison County Indiana | 2 | $ 441,000 | $ 220,000 | $ 90,000 |
Hendricks County Indiana | 2 | $ 349,000 | $ 174,000 | $ 133,000 |
Porter County Indiana | 2 | $ 273,000 | $ 136,000 | $ 35,000 |
Crawford County Michigan | 2 | $ 364,000 | $ 182,000 | $ 84,000 |
Gladwin County Michigan | 2 | $ 266,000 | $ 133,000 | $ 50,000 |
Gogebic County Michigan | 2 | $ 221,000 | $ 110,000 | $ 89,000 |
Gratiot County Michigan | 2 | $ 171,000 | $ 85,000 | $ 35,000 |
Houghton County Michigan | 2 | $ 312,000 | $ 156,000 | $ 105,000 |
Iosco County Michigan | 2 | $ 223,000 | $ 111,000 | $ 94,000 |
Kalkaska County Michigan | 2 | $ 414,000 | $ 207,000 | $ 184,000 |
Lake County Michigan | 2 | $ 294,000 | $ 147,000 | $ 60,000 |
Marquette County Michigan | 2 | $ 287,000 | $ 143,000 | $ 195,000 |
Mason County Michigan | 2 | $ 267,000 | $ 133,000 | $ 82,000 |
Presque Isle County Michigan | 2 | $ 271,000 | $ 135,000 | $ 92,000 |
Tuscola County Michigan | 2 | $ 274,000 | $ 137,000 | $ 61,000 |
Anoka County Minnesota | 2 | $ 311,000 | $ 155,000 | $ 78,000 |
Cass County Minnesota | 2 | $ 481,000 | $ 240,000 | $ 70,000 |
Douglas County Minnesota | 2 | $ 325,000 | $ 162,000 | $ 190,000 |
Scott County Minnesota | 2 | $ 551,000 | $ 275,000 | $ 133,000 |
St. Louis County Minnesota | 2 | $ 313,000 | $ 156,000 | $ 49,000 |
Wright County Minnesota | 2 | $ 330,000 | $ 165,000 | $ 57,000 |
Bartholomew County Indiana | 1 | $ 129,000 | $ 129,000 | $ 87,000 |
Boone County Indiana | 1 | $ 228,000 | $ 228,000 | $ 90,000 |
Cass County Indiana | 1 | $ 113,000 | $ 113,000 | $ 55,000 |
Clark County Indiana | 1 | $ 112,000 | $ 112,000 | $ 64,000 |
Delaware County Indiana | 1 | $ 44,000 | $ 44,000 | $ 170,000 |
Jennings County Indiana | 1 | $ 163,000 | $ 163,000 | $ 88,000 |
LaPorte County Indiana | 1 | $ 111,000 | $ 111,000 | $ 60,000 |
Monroe County Indiana | 1 | $ 155,000 | $ 155,000 | $ 39,000 |
Orange County Indiana | 1 | $ 108,000 | $ 108,000 | $ 41,000 |
Posey County Indiana | 1 | $ 186,000 | $ 186,000 | $ 106,000 |
Putnam County Indiana | 1 | $ 192,000 | $ 192,000 | $ 72,000 |
Rush County Indiana | 1 | $ 99,000 | $ 99,000 | $ 18,000 |
Vanderburgh County Indiana | 1 | $ 142,000 | $ 142,000 | $ 63,000 |
Vermillion County Indiana | 1 | $ 140,000 | $ 140,000 | $ 84,000 |
Wabash County Indiana | 1 | $ 76,000 | $ 76,000 | $ 44,000 |
Wells County Indiana | 1 | $ 122,000 | $ 122,000 | $ 55,000 |
Alger County Michigan | 1 | $ 176,000 | $ 176,000 | $ 141,000 |
Alpena County Michigan | 1 | $ 76,000 | $ 76,000 | $ 19,000 |
Arenac County Michigan | 1 | $ 104,000 | $ 104,000 | $ 176,000 |
Dickinson County Michigan | 1 | $ 129,000 | $ 129,000 | $ 0 |
Iron County Michigan | 1 | $ 95,000 | $ 95,000 | $ 116,000 |
Luce County Michigan | 1 | $ 201,000 | $ 201,000 | $ 49,000 |
Missaukee County Michigan | 1 | $ 178,000 | $ 178,000 | $ 220,000 |
Ogemaw County Michigan | 1 | $ 193,000 | $ 193,000 | $ 336,000 |
Oscoda County Michigan | 1 | $ 68,000 | $ 68,000 | $ 28,000 |
Sanilac County Michigan | 1 | $ 67,000 | $ 67,000 | $ 90,000 |
Wexford County Michigan | 1 | $ 167,000 | $ 167,000 | $ 279,000 |
Blue Earth County Minnesota | 1 | $ 112,000 | $ 112,000 | $ 0 |
Brown County Minnesota | 1 | $ 193,000 | $ 193,000 | $ 105,000 |
Carver County Minnesota | 1 | $ 216,000 | $ 216,000 | $ 95,000 |
Chisago County Minnesota | 1 | $ 175,000 | $ 175,000 | $ 31,000 |
Clay County Minnesota | 1 | $ 169,000 | $ 169,000 | $ 88,000 |
Clearwater County Minnesota | 1 | $ 186,000 | $ 186,000 | $ 91,000 |
Faribault County Minnesota | 1 | $ 118,000 | $ 118,000 | $ 115,000 |
Kandiyohi County Minnesota | 1 | $ 142,000 | $ 142,000 | $ 135,000 |
Otter Tail County Minnesota | 1 | $ 190,000 | $ 190,000 | $ 53,000 |
Pennington County Minnesota | 1 | $ 155,000 | $ 155,000 | $ 77,000 |
Sherburne County Minnesota | 1 | $ 208,000 | $ 208,000 | $ 73,000 |
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.
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 | 1,580 | $266,842,000 | $168,000 | $672,000 | $86,000 | $742,000 |
Home Purchase | 303 | $56,764,000 | $187,000 | $10,000,000 | $82,000 | $332,000 |
Home Improvement | 3 | $942,000 | $314,000 | $417,000 | $226,000 | $365,000 |
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 | 1,712 | $285,217,000 | $166,000 | $672,000 | $85,000 | $666,000 |
Not Provided | 118 | $19,551,000 | $165,000 | $392,000 | $78,000 | $360,000 |
Asian | 25 | $5,175,000 | $207,000 | $356,000 | $123,000 | $549,000 |
Hispanic | 13 | $2,224,000 | $171,000 | $273,000 | $112,000 | $742,000 |
Black or African American | 11 | $11,620,000 | $1,056,000 | $10,000,000 | $108,000 | $193,000 |
Native Hawaiian or Other Pacific Islander | 5 | $669,000 | $133,000 | $193,000 | $81,000 | $190,000 |
American Indian or Alaskan Native | 2 | $92,000 | $46,000 | $48,000 | $37,000 | $50,000 |
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 |
---|---|---|---|---|---|---|
Conventional (any loan other than FHA, VA, FSA, or RHS loans) | 1,460 | $264,136,000 | $180,000 | $10,000,000 | $99,000 | $742,000 |
FHA-insured (Federal Housing Administration) | 362 | $51,940,000 | $143,000 | $328,000 | $34,000 | $235,000 |
FSA/RHS (Farm Service Agency or Rural Housing Service) | 44 | $5,079,000 | $115,000 | $294,000 | $43,000 | $93,000 |
VA-guaranteed (Veterans Administration) | 20 | $3,393,000 | $169,000 | $271,000 | $99,000 | $462,000 |
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 | 1,527 | $255,398,000 | $167,000 | $548,000 | $86,000 | $666,000 |
Application Withdrawn By Applicant | 241 | $41,635,000 | $172,000 | $672,000 | $85,000 | $365,000 |
Application Denied By Financial Institution | 118 | $27,515,000 | $233,000 | $10,000,000 | $79,000 | $742,000 |
Application Approved But Not Accepted | 0 | $0 | $0 | $0 | $0 | $0 |
File Closed For Incompleteness | 0 | $0 | $0 | $0 | $0 | $0 |
Loan Purchased By The Institution | 0 | $0 | $0 | $0 | $0 | $0 |
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 | 36 | $5,690,000 | $158,000 | $341,000 | $80,000 | $245,000 |
Credit History | 31 | $13,304,000 | $429,000 | $10,000,000 | $57,000 | $235,000 |
Other | 27 | $4,150,000 | $153,000 | $380,000 | $70,000 | $159,000 |
Debt-To-Income Ratio | 16 | $2,391,000 | $149,000 | $261,000 | $64,000 | $220,000 |
Unverifiable Information | 4 | $969,000 | $242,000 | $357,000 | $136,000 | $279,000 |
Employment History | 1 | $360,000 | $360,000 | $360,000 | $237,000 | $237,000 |
Insufficient Cash (Downpayment, Closing Cost) | 1 | $238,000 | $238,000 | $238,000 | $105,000 | $105,000 |
Mortgage Insurance Denied | 0 | $0 | $0 | $0 | $0 | $0 |
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.