Comerica Bank
Mortgage Loan Application
Totals and Details
for 2020

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
411 W Lafayette Blvd
Detroit, MI 48226
Tel #: available with data download
Federal Regulator * available with data download
Years 2021  2020  2019  2018  2017  2016  2015  2014  2013  2012  2011  
Total Number of Mortgage Applications 12,649
Total Mortgage Loan Application Amount $3,358,865,000
Average Mortgage Loan Application Amount $383,400
Highest Mortgage Loan Application Amount $42,705,000
Average Applicant Income $207,400
Highest Applicant Income $8,262,000

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 Comerica Bank by County in 2020

County Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loans Applications Average Mortgage Loan Application Amount Average Applicant Income
Los Angeles County California 1,309 $ 638,405,000 $ 487,000 $ 250,000
Harris County Texas 1,203 $ 186,495,000 $ 155,000 $ 115,000
Oakland County Michigan 1,121 $ 237,195,000 $ 211,000 $ 173,000
Wayne County Michigan 964 $ 114,140,000 $ 118,000 $ 105,000
Dallas County Texas 795 $ 169,695,000 $ 213,000 $ 153,000
Macomb County Michigan 668 $ 82,590,000 $ 123,000 $ 77,000
Maricopa County Arizona 545 $ 125,285,000 $ 229,000 $ 166,000
Orange County California 493 $ 162,075,000 $ 328,000 $ 262,000
San Diego County California 490 $ 130,940,000 $ 267,000 $ 213,000
Santa Clara County California 374 $ 178,210,000 $ 476,000 $ 265,000
Collin County Texas 281 $ 60,015,000 $ 213,000 $ 153,000
Alameda County California 263 $ 76,965,000 $ 292,000 $ 228,000
Tarrant County Texas 255 $ 53,065,000 $ 208,000 $ 137,000
Fort Bend County Texas 253 $ 48,285,000 $ 190,000 $ 166,000
San Mateo County California 195 $ 75,585,000 $ 387,000 $ 245,000
Washtenaw County Michigan 188 $ 40,620,000 $ 216,000 $ 141,000
Jackson County Michigan 165 $ 17,685,000 $ 107,000 $ 84,000
Santa Cruz County California 153 $ 42,235,000 $ 276,000 $ 196,000
Contra Costa County California 143 $ 36,955,000 $ 258,000 $ 268,000
Palm Beach County Florida 140 $ 70,340,000 $ 502,000 $ 280,000
Kent County Michigan 130 $ 19,940,000 $ 153,000 $ 110,000
Denton County Texas 122 $ 23,440,000 $ 192,000 $ 174,000
Travis County Texas 119 $ 29,785,000 $ 250,000 $ 242,000
Riverside County California 106 $ 34,340,000 $ 323,000 $ 218,000
San Bernardino County California 106 $ 19,930,000 $ 188,000 $ 118,000
San Francisco County California 98 $ 56,800,000 $ 579,000 $ 359,000
Bexar County Texas 97 $ 14,465,000 $ 149,000 $ 137,000
Monterey County California 92 $ 21,860,000 $ 237,000 $ 179,000
Livingston County Michigan 87 $ 14,465,000 $ 166,000 $ 114,000
Kalamazoo County Michigan 82 $ 11,150,000 $ 135,000 $ 89,000
Muskegon County Michigan 80 $ 7,980,000 $ 99,000 $ 65,000
Calhoun County Michigan 72 $ 5,430,000 $ 75,000 $ 64,000
Ventura County California 71 $ 35,725,000 $ 503,000 $ 313,000
Ottawa County Michigan 69 $ 12,025,000 $ 174,000 $ 103,000
Montgomery County Texas 65 $ 13,405,000 $ 206,000 $ 174,000
Kerr County Texas 59 $ 8,315,000 $ 140,000 $ 80,000
Broward County Florida 46 $ 12,370,000 $ 268,000 $ 111,000
Ingham County Michigan 46 $ 3,870,000 $ 84,000 $ 83,000
Brazoria County Texas 42 $ 7,260,000 $ 172,000 $ 128,000
Marin County California 41 $ 31,225,000 $ 761,000 $ 467,000
Ellis County Texas 37 $ 4,765,000 $ 128,000 $ 93,000
Lenawee County Michigan 36 $ 3,470,000 $ 96,000 $ 80,000
Collier County Florida 35 $ 37,245,000 $ 1,064,000 $ 614,000
Galveston County Texas 35 $ 8,825,000 $ 252,000 $ 206,000
Williamson County Texas 32 $ 5,730,000 $ 179,000 $ 166,000
St. Clair County Michigan 27 $ 5,105,000 $ 189,000 $ 179,000
Genesee County Michigan 24 $ 2,930,000 $ 122,000 $ 81,000
Sacramento County California 19 $ 3,235,000 $ 170,000 $ 168,000
Rockwall County Texas 19 $ 3,515,000 $ 185,000 $ 154,000
Pinal County Arizona 17 $ 1,855,000 $ 109,000 $ 88,000
Santa Barbara County California 17 $ 22,875,000 $ 1,345,000 $ 578,000
Clinton County Michigan 17 $ 1,535,000 $ 90,000 $ 73,000
Lapeer County Michigan 17 $ 3,305,000 $ 194,000 $ 87,000
Waller County Texas 17 $ 2,915,000 $ 171,000 $ 109,000
San Joaquin County California 15 $ 3,455,000 $ 230,000 $ 149,000
Eaton County Michigan 15 $ 1,825,000 $ 121,000 $ 180,000
Solano County California 13 $ 3,635,000 $ 279,000 $ 223,000
Sonoma County California 13 $ 7,655,000 $ 588,000 $ 155,000
Barry County Michigan 13 $ 1,915,000 $ 147,000 $ 83,000
Midland County Michigan 12 $ 1,090,000 $ 90,000 $ 82,000
Lee County Florida 11 $ 1,925,000 $ 175,000 $ 172,000
Monroe County Michigan 10 $ 1,300,000 $ 130,000 $ 127,000
Kaufman County Texas 10 $ 1,010,000 $ 101,000 $ 78,000
Kendall County Texas 10 $ 1,390,000 $ 139,000 $ 80,000
Parker County Texas 10 $ 3,790,000 $ 379,000 $ 258,000
Napa County California 9 $ 4,945,000 $ 549,000 $ 613,000
Miami-Dade County Florida 9 $ 35,585,000 $ 3,953,000 $ 324,000
Allegan County Michigan 9 $ 875,000 $ 97,000 $ 62,000
Yavapai County Arizona 8 $ 1,000,000 $ 125,000 $ 81,000
San Benito County California 8 $ 2,090,000 $ 261,000 $ 154,000
San Luis Obispo County California 8 $ 2,220,000 $ 277,000 $ 225,000
Stanislaus County California 8 $ 1,100,000 $ 137,000 $ 140,000
Hillsdale County Michigan 8 $ 580,000 $ 72,000 $ 74,000
Newaygo County Michigan 8 $ 940,000 $ 117,000 $ 136,000
Comal County Texas 8 $ 2,260,000 $ 282,000 $ 140,000
Hunt County Texas 8 $ 1,170,000 $ 146,000 $ 133,000
El Dorado County California 7 $ 2,075,000 $ 296,000 $ 114,000
Imperial County California 7 $ 1,065,000 $ 152,000 $ 175,000
Kern County California 7 $ 595,000 $ 85,000 $ 121,000
Placer County California 7 $ 1,485,000 $ 212,000 $ 243,000
Grand Traverse County Michigan 7 $ 5,575,000 $ 796,000 $ 679,000
Pima County Arizona 6 $ 660,000 $ 110,000 $ 120,000
Fresno County California 6 $ 1,180,000 $ 196,000 $ 187,000
Emmet County Michigan 6 $ 3,570,000 $ 595,000 $ 370,000
Ionia County Michigan 6 $ 570,000 $ 95,000 $ 106,000
Leelanau County Michigan 6 $ 3,420,000 $ 570,000 $ 763,000
Bandera County Texas 6 $ 830,000 $ 138,000 $ 70,000
Bastrop County Texas 6 $ 1,360,000 $ 226,000 $ 79,000
Johnson County Texas 6 $ 510,000 $ 85,000 $ 81,000
Mohave County Arizona 5 $ 1,205,000 $ 241,000 $ 216,000
Nevada County California 5 $ 2,225,000 $ 445,000 $ 342,000
Brevard County Florida 5 $ 1,745,000 $ 349,000 $ 405,000
Sarasota County Florida 5 $ 3,615,000 $ 723,000 $ 367,000
Antrim County Michigan 5 $ 1,545,000 $ 309,000 $ 318,000
Clare County Michigan 5 $ 535,000 $ 107,000 $ 108,000
Gladwin County Michigan 5 $ 175,000 $ 35,000 $ 81,000
Roscommon County Michigan 5 $ 1,135,000 $ 227,000 $ 148,000
Shiawassee County Michigan 5 $ 345,000 $ 69,000 $ 47,000
Van Buren County Michigan 5 $ 475,000 $ 95,000 $ 105,000
Grayson County Texas 5 $ 325,000 $ 65,000 $ 80,000
Hays County Texas 5 $ 1,925,000 $ 385,000 $ 145,000
Henderson County Texas 5 $ 1,215,000 $ 243,000 $ 165,000
Summit County Utah 5 $ 8,315,000 $ 1,663,000 $ 1,437,000
Calaveras County California 4 $ 1,820,000 $ 455,000 $ 459,000
Monroe County Florida 4 $ 1,020,000 $ 255,000 $ 279,000
Volusia County Florida 4 $ 1,860,000 $ 465,000 $ 168,000
Iosco County Michigan 4 $ 450,000 $ 112,000 $ 164,000
Sanilac County Michigan 4 $ 240,000 $ 60,000 $ 38,000
Washoe County Nevada 4 $ 1,490,000 $ 372,000 $ 385,000
Buncombe County North Carolina 4 $ 4,060,000 $ 1,015,000 $ 1,999,000
Charleston County South Carolina 4 $ 5,300,000 $ 1,325,000 $ 1,538,000
Gillespie County Texas 4 $ 150,000 $ 37,000 $ 75,000
Jefferson County Texas 4 $ 360,000 $ 90,000 $ 61,000
Liberty County Texas 4 $ 380,000 $ 95,000 $ 29,000
San Jacinto County Texas 4 $ 1,530,000 $ 382,000 $ 578,000
Gila County Arizona 3 $ 555,000 $ 185,000 $ 325,000
Inyo County California 3 $ 665,000 $ 221,000 $ 337,000
Madera County California 3 $ 305,000 $ 101,000 $ 1,832,000
Shasta County California 3 $ 315,000 $ 105,000 $ 26,000
Yolo County California 3 $ 2,125,000 $ 708,000 $ 268,000
Denver County Colorado 3 $ 1,015,000 $ 338,000 $ 783,000
Eagle County Colorado 3 $ 6,155,000 $ 2,051,000 $ 4,027,000
Pitkin County Colorado 3 $ 13,765,000 $ 4,588,000 $ 634,000
Hillsborough County Florida 3 $ 455,000 $ 151,000 $ 109,000
St. Lucie County Florida 3 $ 665,000 $ 221,000 $ 209,000
Chatham County Georgia 3 $ 825,000 $ 275,000 $ 298,000
Bay County Michigan 3 $ 185,000 $ 61,000 $ 92,000
Benzie County Michigan 3 $ 375,000 $ 125,000 $ 219,000
Huron County Michigan 3 $ 485,000 $ 161,000 $ 2,167,000
Oceana County Michigan 3 $ 625,000 $ 208,000 $ 136,000
Beaufort County South Carolina 3 $ 905,000 $ 301,000 $ 279,000
Austin County Texas 3 $ 895,000 $ 298,000 $ 243,000
Brazos County Texas 3 $ 955,000 $ 318,000 $ 81,000
El Paso County Texas 3 $ 215,000 $ 71,000 $ 77,000
Grimes County Texas 3 $ 195,000 $ 65,000 $ 58,000
Hood County Texas 3 $ 545,000 $ 181,000 $ 189,000
Cochise County Arizona 2 $ 130,000 $ 65,000 $ 96,000
Yuma County Arizona 2 $ 130,000 $ 65,000 $ 142,000
Amador County California 2 $ 740,000 $ 370,000 $ 293,000
Lake County California 2 $ 270,000 $ 135,000 $ 204,000
Mariposa County California 2 $ 470,000 $ 235,000 $ 125,000
Mendocino County California 2 $ 610,000 $ 305,000 $ 192,000
Merced County California 2 $ 3,100,000 $ 1,550,000 $ 702,000
Mono County California 2 $ 910,000 $ 455,000 $ 171,000
Archuleta County Colorado 2 $ 810,000 $ 405,000 $ 172,000
Ouray County Colorado 2 $ 600,000 $ 300,000 $ 108,000
San Miguel County Colorado 2 $ 3,940,000 $ 1,970,000 $ 1,608,000
Summit County Colorado 2 $ 2,880,000 $ 1,440,000 $ 1,582,000
Duval County Florida 2 $ 640,000 $ 320,000 $ 116,000
Flagler County Florida 2 $ 3,290,000 $ 1,645,000 $ 322,000
Manatee County Florida 2 $ 660,000 $ 330,000 $ 142,000
Orange County Florida 2 $ 780,000 $ 390,000 $ 301,000
Osceola County Florida 2 $ 810,000 $ 405,000 $ 413,000
Orleans County Louisiana 2 $ 6,360,000 $ 3,180,000 $ 1,935,000
Montgomery County Maryland 2 $ 5,120,000 $ 2,560,000 $ 1,384,000
Suffolk County Massachusetts 2 $ 7,510,000 $ 3,755,000 $ 0
Alpena County Michigan 2 $ 180,000 $ 90,000 $ 112,000
Berrien County Michigan 2 $ 2,050,000 $ 1,025,000 $ 1,239,000
Charlevoix County Michigan 2 $ 550,000 $ 275,000 $ 220,000
Cheboygan County Michigan 2 $ 610,000 $ 305,000 $ 70,000
Lake County Michigan 2 $ 140,000 $ 70,000 $ 90,000
Mason County Michigan 2 $ 190,000 $ 95,000 $ 84,000
Ogemaw County Michigan 2 $ 120,000 $ 60,000 $ 15,000
Saginaw County Michigan 2 $ 310,000 $ 155,000 $ 76,000
Wexford County Michigan 2 $ 120,000 $ 60,000 $ 62,000
Powell County Montana 2 $ 2,000,000 $ 1,000,000 $ 0
Clark County Nevada 2 $ 2,670,000 $ 1,335,000 $ 2,880,000
Mecklenburg County North Carolina 2 $ 1,160,000 $ 580,000 $ 178,000
Wake County North Carolina 2 $ 550,000 $ 275,000 $ 570,000
Davidson County Tennessee 2 $ 1,960,000 $ 980,000 $ 1,134,000
Aransas County Texas 2 $ 330,000 $ 165,000 $ 171,000
Erath County Texas 2 $ 240,000 $ 120,000 $ 111,000
Fannin County Texas 2 $ 260,000 $ 130,000 $ 276,000
Gregg County Texas 2 $ 400,000 $ 200,000 $ 167,000
Guadalupe County Texas 2 $ 440,000 $ 220,000 $ 138,000
Llano County Texas 2 $ 480,000 $ 240,000 $ 189,000
McLennan County Texas 2 $ 120,000 $ 60,000 $ 48,000
Real County Texas 2 $ 190,000 $ 95,000 $ 46,000
Walker County Texas 2 $ 90,000 $ 45,000 $ 104,000
Washington County Texas 2 $ 270,000 $ 135,000 $ 45,000
Washington County Utah 2 $ 3,140,000 $ 1,570,000 $ 128,000
King County Washington 2 $ 1,370,000 $ 685,000 $ 267,000
Mobile County Alabama 1 $ 105,000 $ 105,000 $ 240,000
Coconino County Arizona 1 $ 365,000 $ 365,000 $ 89,000
Navajo County Arizona 1 $ 185,000 $ 185,000 $ 43,000
Santa Cruz County Arizona 1 $ 1,125,000 $ 1,125,000 $ 316,000
Butte County California 1 $ 45,000 $ 45,000 $ 65,000
Humboldt County California 1 $ 145,000 $ 145,000 $ 91,000
Arapahoe County Colorado 1 $ 1,245,000 $ 1,245,000 $ 566,000
Chaffee County Colorado 1 $ 145,000 $ 145,000 $ 156,000
Douglas County Colorado 1 $ 185,000 $ 185,000 $ 123,000
Routt County Colorado 1 $ 1,955,000 $ 1,955,000 $ 2,712,000
New Haven County Connecticut 1 $ 1,425,000 $ 1,425,000 $ 713,000
Alachua County Florida 1 $ 105,000 $ 105,000 $ 75,000
Bay County Florida 1 $ 115,000 $ 115,000 $ 33,000
Charlotte County Florida 1 $ 115,000 $ 115,000 $ 63,000
Citrus County Florida 1 $ 155,000 $ 155,000 $ 58,000
DeSoto County Florida 1 $ 45,000 $ 45,000 $ 95,000
Lake County Florida 1 $ 55,000 $ 55,000 $ 39,000
Martin County Florida 1 $ 105,000 $ 105,000 $ 572,000
Nassau County Florida 1 $ 605,000 $ 605,000 $ 334,000
St. Johns County Florida 1 $ 145,000 $ 145,000 $ 51,000
Walton County Florida 1 $ 1,595,000 $ 1,595,000 $ 4,248,000
Forsyth County Georgia 1 $ 515,000 $ 515,000 $ 266,000
Honolulu County Hawaii 1 $ 4,005,000 $ 4,005,000 $ 2,867,000
Kootenai County Idaho 1 $ 1,405,000 $ 1,405,000 $ 362,000
DuPage County Illinois 1 $ 1,765,000 $ 1,765,000 $ 1,610,000
Will County Illinois 1 $ 165,000 $ 165,000 $ 0
Waldo County Maine 1 $ 4,605,000 $ 4,605,000 $ 2,240,000
Charles County Maryland 1 $ 355,000 $ 355,000 $ 167,000
Alcona County Michigan 1 $ 55,000 $ 55,000 $ 228,000
Arenac County Michigan 1 $ 5,000 $ 5,000 $ 55,000
Baraga County Michigan 1 $ 25,000 $ 25,000 $ 28,000
Cass County Michigan 1 $ 175,000 $ 175,000 $ 207,000
Crawford County Michigan 1 $ 115,000 $ 115,000 $ 44,000
Iron County Michigan 1 $ 55,000 $ 55,000 $ 105,000
Keweenaw County Michigan 1 $ 225,000 $ 225,000 $ 0
Mackinac County Michigan 1 $ 395,000 $ 395,000 $ 229,000
Mecosta County Michigan 1 $ 85,000 $ 85,000 $ 53,000
Montmorency County Michigan 1 $ 385,000 $ 385,000 $ 123,000
Ontonagon County Michigan 1 $ 25,000 $ 25,000 $ 12,000
Oscoda County Michigan 1 $ 55,000 $ 55,000 $ 65,000
Otsego County Michigan 1 $ 55,000 $ 55,000 $ 51,000
Presque Isle County Michigan 1 $ 75,000 $ 75,000 $ 112,000
St. Joseph County Michigan 1 $ 1,245,000 $ 1,245,000 $ 705,000
Douglas County Nevada 1 $ 3,355,000 $ 3,355,000 $ 0
Somerset County New Jersey 1 $ 905,000 $ 905,000 $ 696,000
Santa Fe County New Mexico 1 $ 1,445,000 $ 1,445,000 $ 2,245,000
Cabarrus County North Carolina 1 $ 14,255,000 $ 14,255,000 $ 0
Caldwell County North Carolina 1 $ 1,005,000 $ 1,005,000 $ 200,000
Lincoln County North Carolina 1 $ 345,000 $ 345,000 $ 265,000
New Hanover County North Carolina 1 $ 665,000 $ 665,000 $ 94,000
Allen County Ohio 1 $ 155,000 $ 155,000 $ 82,000
Cuyahoga County Ohio 1 $ 2,345,000 $ 2,345,000 $ 0
Geauga County Ohio 1 $ 205,000 $ 205,000 $ 164,000
Paulding County Ohio 1 $ 35,000 $ 35,000 $ 10,000
Oklahoma County Oklahoma 1 $ 455,000 $ 455,000 $ 232,000
Coos County Oregon 1 $ 185,000 $ 185,000 $ 12,000
Washington County Oregon 1 $ 335,000 $ 335,000 $ 115,000
Montgomery County Pennsylvania 1 $ 155,000 $ 155,000 $ 416,000
Williamson County Tennessee 1 $ 875,000 $ 875,000 $ 883,000
Bell County Texas 1 $ 135,000 $ 135,000 $ 108,000
Burnet County Texas 1 $ 95,000 $ 95,000 $ 85,000
Camp County Texas 1 $ 25,000 $ 25,000 $ 33,000
Cass County Texas 1 $ 95,000 $ 95,000 $ 407,000
Colorado County Texas 1 $ 405,000 $ 405,000 $ 110,000
Cooke County Texas 1 $ 525,000 $ 525,000 $ 108,000
Eastland County Texas 1 $ 505,000 $ 505,000 $ 378,000
Edwards County Texas 1 $ 25,000 $ 25,000 $ 87,000
Hidalgo County Texas 1 $ 165,000 $ 165,000 $ 52,000
Hopkins County Texas 1 $ 185,000 $ 185,000 $ 85,000
Jackson County Texas 1 $ 305,000 $ 305,000 $ 177,000
Jasper County Texas 1 $ 155,000 $ 155,000 $ 150,000
Navarro County Texas 1 $ 455,000 $ 455,000 $ 149,000
Palo Pinto County Texas 1 $ 305,000 $ 305,000 $ 122,000
Polk County Texas 1 $ 495,000 $ 495,000 $ 776,000
Smith County Texas 1 $ 115,000 $ 115,000 $ 75,000
Taylor County Texas 1 $ 95,000 $ 95,000 $ 84,000
Tyler County Texas 1 $ 125,000 $ 125,000 $ 73,000
Upshur County Texas 1 $ 195,000 $ 195,000 $ 82,000
Wood County Texas 1 $ 35,000 $ 35,000 $ 26,000
Iron County Utah 1 $ 655,000 $ 655,000 $ 0
Morgan County Utah 1 $ 2,505,000 $ 2,505,000 $ 0
Salt Lake County Utah 1 $ 255,000 $ 255,000 $ 169,000
Windsor County Vermont 1 $ 905,000 $ 905,000 $ 709,000
Greene County Virginia 1 $ 185,000 $ 185,000 $ 112,000
Henrico County Virginia 1 $ 5,000 $ 5,000 $ 0
Richmond City County Virginia 1 $ 995,000 $ 995,000 $ 520,000
Pierce County Washington 1 $ 205,000 $ 205,000 $ 468,000
Snohomish County Washington 1 $ 14,835,000 $ 14,835,000 $ 0
Spokane County Washington 1 $ 505,000 $ 505,000 $ 0
Thurston County Washington 1 $ 505,000 $ 505,000 $ 156,000
Brown County Wisconsin 1 $ 385,000 $ 385,000 $ 0
Jefferson County Wisconsin 1 $ 125,000 $ 125,000 $ 720,000
Teton County Wyoming 1 $ 2,005,000 $ 2,005,000 $ 0

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 2020

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 4,040 $1,128,700,000 $279,000 $26,905,000 $170,000 $7,857,000
Home Improvement 3,807 $622,445,000 $163,000 $14,835,000 $158,000 $4,569,000
Other Purpose 3,281 $731,425,000 $222,000 $19,945,000 $188,000 $7,648,000
Home Purchase 953 $405,725,000 $425,000 $26,005,000 $220,000 $8,262,000
Cash-out Refinancing 568 $470,570,000 $828,000 $42,705,000 $301,000 $5,243,000
Not Applicable 0 $0 $0 $0 $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 5,734 $1,243,360,000 $216,000 $15,005,000 $165,000 $6,087,000
Not Provided 3,391 $1,220,585,000 $359,000 $20,005,000 $264,000 $8,262,000
Hispanic 1,094 $160,780,000 $146,000 $1,605,000 $105,000 $3,200,000
Asian 885 $244,835,000 $276,000 $15,605,000 $164,000 $3,182,000
Black or African American 869 $84,825,000 $97,000 $1,345,000 $90,000 $7,648,000
Not applicable 323 $328,195,000 $1,016,000 $42,705,000 $77,000 $633,000
American Indian or Alaskan Native 69 $11,525,000 $167,000 $505,000 $144,000 $1,040,000
Native Hawaiian or Other Pacific Islander 17 $3,265,000 $192,000 $455,000 $130,000 $220,000

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) 12,633 $3,356,935,000 $265,000 $42,705,000 $180,000 $8,262,000
FHA-insured (Federal Housing Administration) 16 $1,930,000 $120,000 $235,000 $51,000 $82,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 0 $0 $0 $0 $0 $0
VA-guaranteed (Veterans Administration) 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 5,905 $1,917,355,000 $324,000 $42,705,000 $219,000 $8,262,000
Application Denied By Financial Institution 4,395 $848,575,000 $193,000 $12,005,000 $134,000 $7,648,000
Application Withdrawn By Applicant 1,010 $309,830,000 $306,000 $10,005,000 $210,000 $7,857,000
File Closed For Incompleteness 800 $158,660,000 $198,000 $13,755,000 $161,000 $2,471,000
Application Approved But Not Accepted 287 $67,435,000 $234,000 $6,005,000 $162,000 $1,402,000
Loan Purchased By The Institution 252 $57,010,000 $226,000 $475,000 $77,000 $633,000
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 8,254 $2,510,290,000 $304,000 $42,705,000 $206,000 $8,262,000
Credit History 1,687 $203,455,000 $120,000 $2,825,000 $107,000 $4,569,000
Debt-To-Income Ratio 1,512 $353,060,000 $233,000 $11,005,000 $93,000 $1,127,000
Collateral 847 $192,675,000 $227,000 $12,005,000 $240,000 $7,648,000
Other 230 $54,800,000 $238,000 $2,995,000 $178,000 $1,250,000
Employment History 58 $10,100,000 $174,000 $1,005,000 $91,000 $440,000
Credit Application Incomplete 32 $26,930,000 $841,000 $4,245,000 $342,000 $1,379,000
Unverifiable Information 25 $6,695,000 $267,000 $2,005,000 $133,000 $798,000
Insufficient Cash (Downpayment, Closing Cost) 4 $860,000 $215,000 $485,000 $74,000 $94,000
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.

Download the Michigan Lender List