Chemical Bank
Mortgage Loan Application
Totals and Details
for 2016

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 Chemical Bank.
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 Chemical Bank
333 E Main Street
Midland, MI 48640
Tel #: available with data download
Federal Regulator * available with data download
Years 2016  2015  2014  2013  2012  2011  2010  2009  2008  2007  2006  2005  2004  2003  
Total Number of Mortgage Applications 8,630
Total Mortgage Loan Application Amount $1,482,625,000
Average Mortgage Loan Application Amount $152,666
Highest Mortgage Loan Application Amount $22,500,000
Average Applicant Income $102,333
Highest Applicant Income $3,783,000

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 Chemical Bank by Metropolitan Area in 2016

Metro Area Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Application Amount Average Applicant Income
GRAND RAPIDS-WYOMING, MI 1,452 $ 302,720,000 $ 208,000 $ 106,000
NILES-BENTON HARBOR, MI 385 $ 64,139,000 $ 166,000 $ 107,000
WARREN-TROY-FARMINGTON HILLS, MI 368 $ 108,169,000 $ 293,000 $ 155,000
KALAMAZOO-PORTAGE, MI 358 $ 62,789,000 $ 175,000 $ 117,000
MIDLAND, MI 303 $ 48,030,000 $ 158,000 $ 127,000
BAY CITY, MI 243 $ 27,442,000 $ 112,000 $ 62,000
BATTLE CREEK, MI 188 $ 14,455,000 $ 76,000 $ 79,000
CINCINNATI, OH-KY-IN 178 $ 39,302,000 $ 216,333 $ 136,000
SAGINAW, MI 129 $ 19,352,000 $ 150,000 $ 88,000
DETROIT-DEARBORN-LIVONIA, MI 123 $ 31,409,000 $ 255,000 $ 142,000
SOUTH BEND-MISHAWAKA, IN-MI 110 $ 16,224,000 $ 161,500 $ 93,500
FLINT, MI 87 $ 11,162,000 $ 128,000 $ 99,000
CLEVELAND-ELYRIA, OH 66 $ 9,761,000 $ 147,000 $ 114,000
LANSING-EAST LANSING, MI 64 $ 20,945,000 $ 327,000 $ 151,000
YOUNGSTOWN-WARREN-BOARDMAN, OH-PA 52 $ 5,265,000 $ 101,000 $ 59,000
INDIANAPOLIS-CARMEL-ANDERSON, IN 48 $ 3,721,000 $ 77,000 $ 142,000
DAYTON, OH 41 $ 9,675,000 $ 235,000 $ 187,000
MUSKEGON, MI 41 $ 9,474,000 $ 231,000 $ 104,000
KANSAS CITY, MO-KS 34 $ 2,463,000 $ 72,000 $ 126,000
ANN ARBOR, MI 26 $ 5,570,000 $ 214,000 $ 87,000
COLUMBUS, OH 21 $ 4,424,000 $ 210,000 $ 115,000
AKRON, OH 14 $ 2,752,000 $ 196,000 $ 77,000
BIRMINGHAM-HOOVER, AL 14 $ 872,000 $ 62,000 $ 123,000
CHICAGO-NAPERVILLE-ARLINGTON HEIGHTS, IL 11 $ 5,102,000 $ 463,000 $ 247,000
JACKSON, MI 9 $ 608,000 $ 67,000 $ 44,000
FORT WAYNE, IN 8 $ 1,931,000 $ 241,000 $ 107,000
GARY, IN 8 $ 668,000 $ 83,000 $ 96,000
TOLEDO, OH 8 $ 1,610,000 $ 201,000 $ 124,000
ELKHART-GOSHEN, IN 7 $ 1,007,000 $ 143,000 $ 50,000
NAPLES-IMMOKALEE-MARCO ISLAND, FL 7 $ 3,674,000 $ 524,000 $ 666,000
NORTH PORT-SARASOTA-BRADENTON, FL 7 $ 2,886,000 $ 412,000 $ 299,000
SILVER SPRING-FREDERICK-ROCKVILLE, MD 7 $ 2,774,000 $ 396,000 $ 179,000
CANTON-MASSILLON, OH 6 $ 1,126,000 $ 187,000 $ 100,000
MEMPHIS, TN-MS-AR 5 $ 325,000 $ 65,000 $ 88,000
MONROE, MI 5 $ 1,132,000 $ 226,000 $ 82,000
WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV 5 $ 2,256,000 $ 473,333 $ 224,666
DELTONA-DAYTONA BEACH-ORMOND BEACH, FL 4 $ 371,000 $ 92,000 $ 141,000
TAMPA-ST. PETERSBURG-CLEARWATER, FL 3 $ 1,428,000 $ 476,000 $ 151,000
CHATTANOOGA, TN-GA 2 $ 433,000 $ 216,000 $ 101,000
LEXINGTON-FAYETTE, KY 2 $ 410,000 $ 205,000 $ 59,000
LOUISVILLE/JEFFERSON COUNTY, KY-IN 2 $ 285,000 $ 142,000 $ 145,000
MICHIGAN CITY-LA PORTE, IN 2 $ 2,421,000 $ 1,210,000 $ 518,000
MILWAUKEE-WAUKESHA-WEST ALLIS, WI 2 $ 364,000 $ 182,000 $ 137,000
OAKLAND-HAYWARD-BERKELEY, CA 2 $ 966,000 $ 483,000 $ 111,000
ORLANDO-KISSIMMEE-SANFORD, FL 2 $ 294,000 $ 147,000 $ 332,000
ST. LOUIS, MO-IL 2 $ 191,000 $ 95,000 $ 72,000
WEST PALM BEACH-BOCA RATON-DELRAY BEACH, FL 2 $ 752,000 $ 376,000 $ 94,000
ALLENTOWN-BETHLEHEM-EASTON, PA-NJ 1 $ 417,000 $ 417,000 $ 104,000
BALTIMORE-COLUMBIA-TOWSON, MD 1 $ 809,000 $ 809,000 $ 204,000
CAPE CORAL-FORT MYERS, FL 1 $ 550,000 $ 550,000 $ 300,000
CHARLOTTE-CONCORD-GASTONIA, NC-SC 1 $ 64,000 $ 64,000 $ 100,000
DENVER-AURORA-LAKEWOOD, CO 1 $ 202,000 $ 202,000 $ 128,000
EVANSVILLE, IN-KY 1 $ 500,000 $ 500,000 $ 199,000
HOMOSASSA SPRINGS, FL 1 $ 276,000 $ 276,000 $ 130,000
JACKSONVILLE, FL 1 $ 75,000 $ 75,000 $ 110,000
KNOXVILLE, TN 1 $ 333,000 $ 333,000 $ 231,000
LAKELAND-WINTER HAVEN, FL 1 $ 115,000 $ 115,000 $ 277,000
LAS VEGAS-HENDERSON-PARADISE, NV 1 $ 523,000 $ 523,000 $ 187,000
MADISON, WI 1 $ 127,000 $ 127,000 $ 95,000
MIAMI-MIAMI BEACH-KENDALL, FL 1 $ 1,943,000 $ 1,943,000 $ 450,000
MONTGOMERY, AL 1 $ 68,000 $ 68,000 $ 29,000
NEW YORK-JERSEY CITY-WHITE PLAINS, NY-NJ 1 $ 385,000 $ 385,000 $ 74,000
PENSACOLA-FERRY PASS-BRENT, FL 1 $ 150,000 $ 150,000 $ 0
PHOENIX-MESA-SCOTTSDALE, AZ 1 $ 194,000 $ 194,000 $ 302,000
PORTLAND-VANCOUVER-HILLSBORO, OR-WA 1 $ 376,000 $ 376,000 $ 187,000
RICHMOND, VA 1 $ 276,000 $ 276,000 $ 76,000
SALISBURY, MD-DE 1 $ 400,000 $ 400,000 $ 195,000
SEBRING, FL 1 $ 76,000 $ 76,000 $ 46,000

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 Chemical Bank 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 3,775 $769,076,000 $203,000 $11,400,000 $112,000 $3,536,000
Refinancing 3,346 $595,483,000 $177,000 $22,500,000 $107,000 $2,803,000
Home Improvement 1,509 $118,066,000 $78,000 $7,300,000 $88,000 $3,783,000

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 7,313 $1,189,418,000 $162,000 $5,270,000 $109,000 $3,783,000
Not Provided 674 $78,077,000 $115,000 $1,450,000 $119,000 $2,500,000
Not applicable 210 $154,099,000 $733,000 $22,500,000 $0 $0
Hispanic 160 $18,039,000 $112,000 $846,000 $76,000 $505,000
Black or African American 117 $14,517,000 $124,000 $1,525,000 $80,000 $527,000
Asian 111 $22,185,000 $199,000 $1,138,000 $132,000 $639,000
American Indian or Alaskan Native 31 $3,482,000 $112,000 $600,000 $99,000 $711,000
Native Hawaiin or Other Pacific Islander 14 $2,808,000 $200,000 $748,000 $188,000 $500,000

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) 7,974 $1,405,007,000 $176,000 $22,500,000 $111,000 $3,783,000
FHA-insured (Federal Housing Administration) 380 $44,039,000 $115,000 $276,000 $51,000 $831,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 181 $17,704,000 $97,000 $220,000 $39,000 $89,000
VA-guaranteed (Veterans Administration) 95 $15,875,000 $167,000 $509,000 $65,000 $198,000

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 5,871 $1,109,027,000 $188,000 $22,500,000 $111,000 $3,783,000
Application Denied By Financial Institution 1,309 $129,514,000 $98,000 $2,500,000 $70,000 $1,401,000
Application Withdrawn By Applicant 803 $159,563,000 $198,000 $2,920,000 $130,000 $2,803,000
Application Approved But Not Accepted 431 $37,469,000 $86,000 $936,000 $98,000 $1,204,000
File Closed For Incompleteness 167 $40,371,000 $241,000 $3,100,000 $131,000 $868,000
Preapproval Denied by Financial Institution 49 $6,681,000 $136,000 $585,000 $103,000 $2,766,000
Loan Purchased By The Institution 0 $0 $0 $0 $0 $0
Preapproval Approved but not Accepted 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 0 $0 $0 $0 $0 $0
Credit Application Incomplete 0 $0 $0 $0 $0 $0
Credit History 0 $0 $0 $0 $0 $0
Debt-To-Income Ratio 0 $0 $0 $0 $0 $0
Employment History 0 $0 $0 $0 $0 $0
Insufficient Cash (Downpayment, Closing Cost) 0 $0 $0 $0 $0 $0
Mortgage Insurance Denied 0 $0 $0 $0 $0 $0
Other 0 $0 $0 $0 $0 $0
Unverifiable Information 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.

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