Comerica Bank
Mortgage Loan Application
Totals and Details
for 2003
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 Comerica 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 | Comerica Bank 500 Woodward Ave - Mc 3352 Detroit, MI 48226 Tel #: available with data download |
| Federal Regulator | * available with data download |
| Years | 2010 2009 2008 2007 2006 2005 2004 2003 |
| Total Number of Mortgage Applications | 12,557 |
| Total Mortgage Loan Application Amount | $1,225,670,000 |
| Average Mortgage Loan Application Amount | $420,615 |
| Highest Mortgage Loan Application Amount | $23,250,000 |
| Average Applicant Income | $532,961 |
| Highest Applicant Income | $9,863,000 |
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 |
|---|---|---|---|---|
| Wayne County Michigan | 3,556 | $ 147,949,000 | $ 41,000 | $ 61,000 |
| Oakland County Michigan | 1,980 | $ 236,655,000 | $ 119,000 | $ 98,000 |
| Macomb County Michigan | 1,304 | $ 64,035,000 | $ 49,000 | $ 60,000 |
| Washtenaw County Michigan | 517 | $ 57,125,000 | $ 110,000 | $ 104,000 |
| Kent County Michigan | 467 | $ 37,598,000 | $ 80,000 | $ 57,000 |
| Jackson County Michigan | 258 | $ 14,395,000 | $ 55,000 | $ 52,000 |
| Ingham County Michigan | 255 | $ 16,936,000 | $ 66,000 | $ 67,000 |
| Ottawa County Michigan | 246 | $ 22,634,000 | $ 92,000 | $ 51,000 |
| Livingston County Michigan | 221 | $ 14,537,000 | $ 65,000 | $ 69,000 |
| Dallas County Texas | 213 | $ 39,514,000 | $ 185,000 | $ 116,000 |
| Genesee County Michigan | 212 | $ 5,929,000 | $ 27,000 | $ 50,000 |
| Monroe County Michigan | 198 | $ 6,348,000 | $ 32,000 | $ 63,000 |
| St. Clair County Michigan | 183 | $ 7,657,000 | $ 41,000 | $ 59,000 |
| Muskegon County Michigan | 153 | $ 13,954,000 | $ 91,000 | $ 58,000 |
| Kalamazoo County Michigan | 141 | $ 7,578,000 | $ 53,000 | $ 50,000 |
| Calhoun County Michigan | 125 | $ 7,439,000 | $ 59,000 | $ 56,000 |
| Palm Beach County Florida | 109 | $ 50,226,000 | $ 460,000 | $ 403,000 |
| Lapeer County Michigan | 109 | $ 7,796,000 | $ 71,000 | $ 64,000 |
| Lucas County Ohio | 103 | $ 536,000 | $ 5,000 | $ 46,000 |
| Lenawee County Michigan | 95 | $ 2,519,000 | $ 26,000 | $ 44,000 |
| Harris County Texas | 94 | $ 8,770,000 | $ 93,000 | $ 92,000 |
| Los Angeles County California | 92 | $ 99,566,000 | $ 1,082,000 | $ 658,000 |
| Eaton County Michigan | 86 | $ 3,655,000 | $ 42,000 | $ 56,000 |
| Broward County Florida | 71 | $ 17,443,000 | $ 245,000 | $ 63,000 |
| Midland County Michigan | 64 | $ 7,205,000 | $ 112,000 | $ 92,000 |
| Clinton County Michigan | 58 | $ 2,820,000 | $ 48,000 | $ 62,000 |
| Allegan County Michigan | 51 | $ 3,436,000 | $ 67,000 | $ 54,000 |
| Santa Clara County California | 44 | $ 23,512,000 | $ 534,000 | $ 295,000 |
| Denton County Texas | 44 | $ 4,031,000 | $ 91,000 | $ 152,000 |
| Orange County California | 43 | $ 28,633,000 | $ 665,000 | $ 413,000 |
| Collier County Florida | 41 | $ 12,287,000 | $ 299,000 | $ 195,000 |
| Saginaw County Michigan | 41 | $ 1,022,000 | $ 24,000 | $ 49,000 |
| Collin County Texas | 39 | $ 4,148,000 | $ 106,000 | $ 126,000 |
| Gladwin County Michigan | 35 | $ 2,579,000 | $ 73,000 | $ 61,000 |
| Shiawassee County Michigan | 34 | $ 1,282,000 | $ 37,000 | $ 49,000 |
| Grand Traverse County Michigan | 33 | $ 1,509,000 | $ 45,000 | $ 33,000 |
| Berrien County Michigan | 32 | $ 630,000 | $ 19,000 | $ 45,000 |
| Barry County Michigan | 30 | $ 2,596,000 | $ 86,000 | $ 67,000 |
| Tarrant County Texas | 30 | $ 3,396,000 | $ 113,000 | $ 125,000 |
| Sanilac County Michigan | 27 | $ 1,296,000 | $ 48,000 | $ 80,000 |
| Bay County Michigan | 25 | $ 1,077,000 | $ 43,000 | $ 40,000 |
| Hillsdale County Michigan | 24 | $ 936,000 | $ 39,000 | $ 58,000 |
| Ionia County Michigan | 23 | $ 835,000 | $ 36,000 | $ 38,000 |
| Fort Bend County Texas | 23 | $ 2,341,000 | $ 101,000 | $ 133,000 |
| Santa Cruz County California | 21 | $ 10,447,000 | $ 497,000 | $ 212,000 |
| Wood County Ohio | 20 | $ 142,000 | $ 7,000 | $ 57,000 |
| Newaygo County Michigan | 19 | $ 1,183,000 | $ 62,000 | $ 67,000 |
| Lee County Florida | 18 | $ 9,840,000 | $ 546,000 | $ 306,000 |
| Sarasota County Florida | 18 | $ 7,593,000 | $ 421,000 | $ 309,000 |
| Montcalm County Michigan | 18 | $ 1,343,000 | $ 74,000 | $ 88,000 |
| San Diego County California | 16 | $ 9,323,000 | $ 582,000 | $ 340,000 |
| Miami-Dade County Florida | 16 | $ 7,692,000 | $ 480,000 | $ 342,000 |
| San Mateo County California | 14 | $ 10,929,000 | $ 780,000 | $ 340,000 |
| Martin County Florida | 13 | $ 6,987,000 | $ 537,000 | $ 273,000 |
| Emmet County Michigan | 12 | $ 9,581,000 | $ 798,000 | $ 397,000 |
| Huron County Michigan | 12 | $ 398,000 | $ 33,000 | $ 74,000 |
| Mecosta County Michigan | 12 | $ 548,000 | $ 45,000 | $ 50,000 |
| Tuscola County Michigan | 12 | $ 485,000 | $ 40,000 | $ 61,000 |
| Wexford County Michigan | 12 | $ 1,406,000 | $ 117,000 | $ 66,000 |
| Ellis County Texas | 12 | $ 865,000 | $ 72,000 | $ 94,000 |
| Travis County Texas | 12 | $ 1,689,000 | $ 140,000 | $ 115,000 |
| Monterey County California | 11 | $ 7,434,000 | $ 675,000 | $ 142,000 |
| Charlevoix County Michigan | 11 | $ 4,257,000 | $ 387,000 | $ 510,000 |
| St. Joseph County Michigan | 11 | $ 912,000 | $ 82,000 | $ 52,000 |
| Fulton County Ohio | 11 | $ 47,000 | $ 4,000 | $ 39,000 |
| Ottawa County Ohio | 11 | $ 55,000 | $ 5,000 | $ 55,000 |
| Antrim County Michigan | 10 | $ 4,235,000 | $ 423,000 | $ 244,000 |
| Van Buren County Michigan | 10 | $ 580,000 | $ 58,000 | $ 62,000 |
| Monroe County Florida | 9 | $ 4,222,000 | $ 469,000 | $ 120,000 |
| Branch County Michigan | 9 | $ 289,000 | $ 32,000 | $ 45,000 |
| Clark County Nevada | 9 | $ 2,435,000 | $ 270,000 | $ 176,000 |
| Alameda County California | 8 | $ 3,191,000 | $ 398,000 | $ 347,000 |
| San Francisco County California | 8 | $ 8,906,000 | $ 1,113,000 | $ 861,000 |
| Isabella County Michigan | 8 | $ 290,000 | $ 36,000 | $ 69,000 |
| Mason County Michigan | 8 | $ 862,000 | $ 107,000 | $ 123,000 |
| Oceana County Michigan | 8 | $ 438,000 | $ 54,000 | $ 44,000 |
| San Bernardino County California | 7 | $ 2,933,000 | $ 419,000 | $ 486,000 |
| Ventura County California | 7 | $ 6,053,000 | $ 864,000 | $ 332,000 |
| Cheboygan County Michigan | 7 | $ 4,688,000 | $ 669,000 | $ 263,000 |
| Ogemaw County Michigan | 7 | $ 375,000 | $ 53,000 | $ 48,000 |
| Kaufman County Texas | 7 | $ 1,103,000 | $ 157,000 | $ 124,000 |
| Maricopa County Arizona | 6 | $ 3,663,000 | $ 610,000 | $ 354,000 |
| Contra Costa County California | 6 | $ 3,049,000 | $ 508,000 | $ 144,000 |
| Riverside County California | 6 | $ 4,767,000 | $ 794,000 | $ 219,000 |
| Gratiot County Michigan | 6 | $ 175,000 | $ 29,000 | $ 48,000 |
| Montgomery County Texas | 6 | $ 536,000 | $ 89,000 | $ 86,000 |
| Fresno County California | 5 | $ 448,000 | $ 89,000 | $ 245,000 |
| Eagle County Colorado | 5 | $ 2,967,000 | $ 593,000 | $ 1,879,000 |
| Hillsborough County Florida | 5 | $ 1,389,000 | $ 277,000 | $ 258,000 |
| Cook County Illinois | 5 | $ 3,914,000 | $ 782,000 | $ 306,000 |
| Arenac County Michigan | 5 | $ 219,000 | $ 43,000 | $ 63,000 |
| Benzie County Michigan | 5 | $ 451,000 | $ 90,000 | $ 78,000 |
| Iosco County Michigan | 5 | $ 520,000 | $ 104,000 | $ 133,000 |
| Erie County Ohio | 5 | $ 17,000 | $ 3,000 | $ 50,000 |
| Hancock County Ohio | 5 | $ 37,000 | $ 7,000 | $ 44,000 |
| Henry County Ohio | 5 | $ 23,000 | $ 4,000 | $ 72,000 |
| Seneca County Ohio | 5 | $ 19,000 | $ 3,000 | $ 43,000 |
| San Luis Obispo County California | 4 | $ 2,176,000 | $ 544,000 | $ 527,000 |
| Cass County Michigan | 4 | $ 163,000 | $ 40,000 | $ 61,000 |
| Clare County Michigan | 4 | $ 298,000 | $ 74,000 | $ 74,000 |
| Crawford County Michigan | 4 | $ 298,000 | $ 74,000 | $ 56,000 |
| Kalkaska County Michigan | 4 | $ 555,000 | $ 138,000 | $ 129,000 |
| Lake County Michigan | 4 | $ 512,000 | $ 128,000 | $ 114,000 |
| Leelanau County Michigan | 4 | $ 567,000 | $ 141,000 | $ 215,000 |
| Roscommon County Michigan | 4 | $ 1,332,000 | $ 333,000 | $ 387,000 |
| Sandusky County Ohio | 4 | $ 26,000 | $ 6,000 | $ 65,000 |
| Rockwall County Texas | 4 | $ 739,000 | $ 184,000 | $ 120,000 |
| Williamson County Texas | 4 | $ 435,000 | $ 108,000 | $ 82,000 |
| Summit County Utah | 4 | $ 4,830,000 | $ 1,207,000 | $ 4,403,000 |
| El Dorado County California | 3 | $ 652,000 | $ 217,000 | $ 298,000 |
| Solano County California | 3 | $ 1,252,000 | $ 417,000 | $ 747,000 |
| Pinellas County Florida | 3 | $ 554,000 | $ 184,000 | $ 311,000 |
| Polk County Florida | 3 | $ 492,000 | $ 164,000 | $ 134,000 |
| Elkhart County Indiana | 3 | $ 106,000 | $ 35,000 | $ 31,000 |
| Alcona County Michigan | 3 | $ 1,439,000 | $ 479,000 | $ 68,000 |
| Montmorency County Michigan | 3 | $ 174,000 | $ 58,000 | $ 106,000 |
| Osceola County Michigan | 3 | $ 433,000 | $ 144,000 | $ 99,000 |
| Otsego County Michigan | 3 | $ 275,000 | $ 91,000 | $ 73,000 |
| Franklin County Ohio | 3 | $ 176,000 | $ 58,000 | $ 55,000 |
| Lane County Oregon | 3 | $ 1,200,000 | $ 400,000 | $ 450,000 |
| Bucks County Pennsylvania | 3 | $ 850,000 | $ 283,000 | $ 67,000 |
| King County Washington | 3 | $ 1,201,000 | $ 400,000 | $ 72,000 |
| Yavapai County Arizona | 2 | $ 2,400,000 | $ 1,200,000 | $ 8,195,000 |
| Ouachita County Arkansas | 2 | $ 130,000 | $ 65,000 | $ 50,000 |
| Marin County California | 2 | $ 2,401,000 | $ 1,200,000 | $ 357,000 |
| Placer County California | 2 | $ 2,850,000 | $ 1,425,000 | $ 1,550,000 |
| Sacramento County California | 2 | $ 1,270,000 | $ 635,000 | $ 2,209,000 |
| Arapahoe County Colorado | 2 | $ 338,000 | $ 169,000 | $ 29,000 |
| Pitkin County Colorado | 2 | $ 1,108,000 | $ 554,000 | $ 131,000 |
| Indian River County Florida | 2 | $ 1,143,000 | $ 571,000 | $ 824,000 |
| Manatee County Florida | 2 | $ 545,000 | $ 272,000 | $ 300,000 |
| Orange County Florida | 2 | $ 827,000 | $ 413,000 | $ 351,000 |
| St. Lucie County Florida | 2 | $ 186,000 | $ 93,000 | $ 43,000 |
| Honolulu County Hawaii | 2 | $ 724,000 | $ 362,000 | $ 0 |
| Mackinac County Michigan | 2 | $ 581,000 | $ 290,000 | $ 551,000 |
| Oscoda County Michigan | 2 | $ 164,000 | $ 82,000 | $ 68,000 |
| Anoka County Minnesota | 2 | $ 34,000 | $ 17,000 | $ 24,000 |
| Cuyahoga County Ohio | 2 | $ 555,000 | $ 277,000 | $ 76,000 |
| Defiance County Ohio | 2 | $ 42,000 | $ 21,000 | $ 41,000 |
| Wyandot County Ohio | 2 | $ 6,000 | $ 3,000 | $ 60,000 |
| Beaufort County South Carolina | 2 | $ 818,000 | $ 409,000 | $ 466,000 |
| Austin County Texas | 2 | $ 557,000 | $ 278,000 | $ 574,000 |
| Bexar County Texas | 2 | $ 140,000 | $ 70,000 | $ 25,000 |
| Baldwin County Alabama | 1 | $ 100,000 | $ 100,000 | $ 54,000 |
| Matanuska-Susitna County Alaska | 1 | $ 100,000 | $ 100,000 | $ 139,000 |
| Pima County Arizona | 1 | $ 96,000 | $ 96,000 | $ 198,000 |
| Pinal County Arizona | 1 | $ 1,350,000 | $ 1,350,000 | $ 2,106,000 |
| Santa Cruz County Arizona | 1 | $ 196,000 | $ 196,000 | $ 614,000 |
| Sebastian County Arkansas | 1 | $ 288,000 | $ 288,000 | $ 219,000 |
| Amador County California | 1 | $ 711,000 | $ 711,000 | $ 1,627,000 |
| Kern County California | 1 | $ 131,000 | $ 131,000 | $ 262,000 |
| Lake County California | 1 | $ 500,000 | $ 500,000 | $ 550,000 |
| Mendocino County California | 1 | $ 556,000 | $ 556,000 | $ 588,000 |
| Mono County California | 1 | $ 584,000 | $ 584,000 | $ 693,000 |
| Napa County California | 1 | $ 456,000 | $ 456,000 | $ 213,000 |
| Santa Barbara County California | 1 | $ 544,000 | $ 544,000 | $ 174,000 |
| Sonoma County California | 1 | $ 436,000 | $ 436,000 | $ 306,000 |
| Stanislaus County California | 1 | $ 387,000 | $ 387,000 | $ 1,124,000 |
| Tuolumne County California | 1 | $ 113,000 | $ 113,000 | $ 278,000 |
| Yolo County California | 1 | $ 100,000 | $ 100,000 | $ 263,000 |
| Boulder County Colorado | 1 | $ 59,000 | $ 59,000 | $ 46,000 |
| Douglas County Colorado | 1 | $ 1,239,000 | $ 1,239,000 | $ 350,000 |
| Gunnison County Colorado | 1 | $ 275,000 | $ 275,000 | $ 100,000 |
| Weld County Colorado | 1 | $ 284,000 | $ 284,000 | $ 76,000 |
| Bay County Florida | 1 | $ 70,000 | $ 70,000 | $ 70,000 |
| Brevard County Florida | 1 | $ 155,000 | $ 155,000 | $ 231,000 |
| Clay County Florida | 1 | $ 109,000 | $ 109,000 | $ 1,453,000 |
| Duval County Florida | 1 | $ 1,000,000 | $ 1,000,000 | $ 619,000 |
| Franklin County Florida | 1 | $ 1,480,000 | $ 1,480,000 | $ 260,000 |
| Nassau County Florida | 1 | $ 86,000 | $ 86,000 | $ 34,000 |
| Cobb County Georgia | 1 | $ 22,000 | $ 22,000 | $ 56,000 |
| Fulton County Georgia | 1 | $ 1,030,000 | $ 1,030,000 | $ 3,003,000 |
| Kauai County Hawaii | 1 | $ 320,000 | $ 320,000 | $ 251,000 |
| Maui County Hawaii | 1 | $ 188,000 | $ 188,000 | $ 262,000 |
| Allen County Indiana | 1 | $ 32,000 | $ 32,000 | $ 22,000 |
| Hamilton County Indiana | 1 | $ 103,000 | $ 103,000 | $ 45,000 |
| Huntington County Indiana | 1 | $ 32,000 | $ 32,000 | $ 34,000 |
| LaGrange County Indiana | 1 | $ 159,000 | $ 159,000 | $ 92,000 |
| St. Joseph County Indiana | 1 | $ 38,000 | $ 38,000 | $ 50,000 |
| Douglas County Kansas | 1 | $ 270,000 | $ 270,000 | $ 168,000 |
| Johnson County Kansas | 1 | $ 700,000 | $ 700,000 | $ 1,200,000 |
| Stafford County Kansas | 1 | $ 46,000 | $ 46,000 | $ 0 |
| Lincoln County Maine | 1 | $ 330,000 | $ 330,000 | $ 150,000 |
| Baltimore County Maryland | 1 | $ 168,000 | $ 168,000 | $ 472,000 |
| Alpena County Michigan | 1 | $ 144,000 | $ 144,000 | $ 116,000 |
| Chippewa County Michigan | 1 | $ 667,000 | $ 667,000 | $ 400,000 |
| Gogebic County Michigan | 1 | $ 8,000 | $ 8,000 | $ 25,000 |
| Luce County Michigan | 1 | $ 214,000 | $ 214,000 | $ 250,000 |
| Manistee County Michigan | 1 | $ 650,000 | $ 650,000 | $ 244,000 |
| Marquette County Michigan | 1 | $ 91,000 | $ 91,000 | $ 60,000 |
| Menominee County Michigan | 1 | $ 140,000 | $ 140,000 | $ 77,000 |
| Ontonagon County Michigan | 1 | $ 265,000 | $ 265,000 | $ 200,000 |
| Blue Earth County Minnesota | 1 | $ 31,000 | $ 31,000 | $ 49,000 |
| Dakota County Minnesota | 1 | $ 46,000 | $ 46,000 | $ 37,000 |
| Washington County Minnesota | 1 | $ 48,000 | $ 48,000 | $ 132,000 |
| Lea County New Mexico | 1 | $ 43,000 | $ 43,000 | $ 31,000 |
| Santa Fe County New Mexico | 1 | $ 938,000 | $ 938,000 | $ 566,000 |
| Buncombe County North Carolina | 1 | $ 205,000 | $ 205,000 | $ 43,000 |
| Watauga County North Carolina | 1 | $ 176,000 | $ 176,000 | $ 1,035,000 |
| Crawford County Ohio | 1 | $ 7,000 | $ 7,000 | $ 34,000 |
| Delaware County Ohio | 1 | $ 273,000 | $ 273,000 | $ 81,000 |
| Geauga County Ohio | 1 | $ 49,000 | $ 49,000 | $ 61,000 |
| Huron County Ohio | 1 | $ 6,000 | $ 6,000 | $ 60,000 |
| Lorain County Ohio | 1 | $ 15,000 | $ 15,000 | $ 12,000 |
| Pickaway County Ohio | 1 | $ 6,000 | $ 6,000 | $ 17,000 |
| Portage County Ohio | 1 | $ 40,000 | $ 40,000 | $ 22,000 |
| Putnam County Ohio | 1 | $ 5,000 | $ 5,000 | $ 37,000 |
| Stark County Ohio | 1 | $ 125,000 | $ 125,000 | $ 66,000 |
| Warren County Ohio | 1 | $ 17,000 | $ 17,000 | $ 60,000 |
| Williams County Ohio | 1 | $ 4,000 | $ 4,000 | $ 42,000 |
| Wayne County Pennsylvania | 1 | $ 173,000 | $ 173,000 | $ 396,000 |
| Shelby County Tennessee | 1 | $ 10,000 | $ 10,000 | $ 80,000 |
| Anderson County Texas | 1 | $ 1,000,000 | $ 1,000,000 | $ 9,863,000 |
| Aransas County Texas | 1 | $ 170,000 | $ 170,000 | $ 192,000 |
| Brazoria County Texas | 1 | $ 32,000 | $ 32,000 | $ 50,000 |
| Cameron County Texas | 1 | $ 480,000 | $ 480,000 | $ 983,000 |
| Comal County Texas | 1 | $ 89,000 | $ 89,000 | $ 240,000 |
| Cooke County Texas | 1 | $ 22,000 | $ 22,000 | $ 76,000 |
| Henderson County Texas | 1 | $ 181,000 | $ 181,000 | $ 216,000 |
| Hill County Texas | 1 | $ 132,000 | $ 132,000 | $ 33,000 |
| Johnson County Texas | 1 | $ 25,000 | $ 25,000 | $ 36,000 |
| Llano County Texas | 1 | $ 230,000 | $ 230,000 | $ 97,000 |
| Nueces County Texas | 1 | $ 172,000 | $ 172,000 | $ 120,000 |
| Walker County Texas | 1 | $ 147,000 | $ 147,000 | $ 156,000 |
| Waller County Texas | 1 | $ 47,000 | $ 47,000 | $ 70,000 |
| Wichita County Texas | 1 | $ 30,000 | $ 30,000 | $ 39,000 |
| Wise County Texas | 1 | $ 152,000 | $ 152,000 | $ 87,000 |
| Alexandria County Virginia | 1 | $ 520,000 | $ 520,000 | $ 975,000 |
| Campbell County Virginia | 1 | $ 110,000 | $ 110,000 | $ 53,000 |
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 Comerica Bank in 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 |
|---|---|---|---|---|---|---|
| Home Improvement (one-to-four family) | 6,093 | $43,934,000 | $236,428 | $4,500,000 | $171,285 | $872,000 |
| Refinancing (home purchase or home improvement, one-to-four family) | 3,935 | $809,378,000 | $412,230 | $10,000,000 | $607,115 | $9,863,000 |
| Home Purchase (one-to-four family) | 2,523 | $348,130,000 | $303,388 | $5,500,000 | $596,111 | $9,137,000 |
| Multifamily dwelling (home purchase, home improvement, and refinancings) | 6 | $24,228,000 | $4,038,000 | $23,250,000 | $0 | $0 |
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 | 8,647 | $748,405,000 | $378,681 | $5,500,000 | $550,136 | $9,863,000 |
| Black | 2,149 | $44,821,000 | $118,625 | $1,440,000 | $95,500 | $1,000,000 |
| Information not provided by applicant in mail or telephone application | 968 | $323,308,000 | $393,947 | $10,000,000 | $912,105 | $9,137,000 |
| Hispanic | 339 | $17,011,000 | $196,800 | $1,350,000 | $261,400 | $2,106,000 |
| Not applicable | 166 | $60,591,000 | $483,714 | $23,250,000 | $15,428 | $108,000 |
| Asian or Pacific Islander | 135 | $20,986,000 | $195,833 | $4,500,000 | $122,500 | $1,500,000 |
| Other | 111 | $7,461,000 | $140,500 | $515,000 | $128,500 | $708,000 |
| American Indian or Alaskan Native | 42 | $3,087,000 | $157,600 | $810,000 | $97,600 | $408,000 |
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) | 12,538 | $1,223,390,000 | $324,241 | $23,250,000 | $501,034 | $9,863,000 |
| FHA-insured (Federal Housing Administration) | 16 | $1,834,000 | $122,500 | $184,000 | $25,500 | $96,000 |
| VA-guaranteed (Veterans Administration) | 3 | $446,000 | $148,000 | $181,000 | $61,000 | $87,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) | 0 | $0 | $0 | $0 | $0 | $0 |
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 | 6,410 | $900,151,000 | $413,846 | $23,250,000 | $634,038 | $9,863,000 |
| Application Denied By Financial Institution | 4,847 | $151,158,000 | $178,692 | $10,000,000 | $100,461 | $1,023,000 |
| Application Approved But Not Accepted | 1,020 | $108,919,000 | $232,222 | $3,650,000 | $149,666 | $2,946,000 |
| Loan Purchased By The Institution | 131 | $19,943,000 | $430,875 | $4,063,000 | $0 | $0 |
| Application Withdrawn By Applicant | 121 | $34,845,000 | $201,333 | $5,500,000 | $139,833 | $5,288,000 |
| File Closed For Incompleteness | 28 | $10,654,000 | $851,000 | $1,763,000 | $1,693,800 | $7,200,000 |
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 | 2,282 | $42,548,000 | $121,125 | $710,000 | $80,875 | $540,000 |
| Debt-To-Income Ratio | 1,426 | $54,652,000 | $253,428 | $10,000,000 | $70,000 | $1,023,000 |
| Unverifiable Information | 522 | $21,697,000 | $440,600 | $1,988,000 | $140,800 | $452,000 |
| Other | 232 | $13,984,000 | $98,100 | $1,480,000 | $97,300 | $934,000 |
| Employment History | 179 | $6,160,000 | $31,750 | $250,000 | $25,250 | $480,000 |
| Collateral | 120 | $9,102,000 | $73,250 | $720,000 | $79,500 | $315,000 |
| Credit Application Incomplete | 55 | $1,865,000 | $50,200 | $350,000 | $61,200 | $294,000 |
| Insufficient Cash (Downpayment, Closing Cost) | 31 | $1,150,000 | $91,333 | $190,000 | $129,333 | $295,000 |
| Mortgage Insurance Denied | 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.