Dfcu Financial
Mortgage Loan Application
Totals and Details
for 2009
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 Dfcu Financial.
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 | Dfcu Financial 400 Town Center Drive Dearborn, MI 48126 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 | 2,872 |
| Total Mortgage Loan Application Amount | $426,977,000 |
| Average Mortgage Loan Application Amount | $106,333 |
| Highest Mortgage Loan Application Amount | $1,050,000 |
| Average Applicant Income | $79,000 |
| Highest Applicant Income | $1,484,000 |
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 | 1,049 | $ 150,589,000 | $ 143,000 | $ 85,000 |
| Oakland County Michigan | 441 | $ 88,741,000 | $ 201,000 | $ 111,000 |
| Kent County Michigan | 140 | $ 12,350,000 | $ 88,000 | $ 68,000 |
| Washtenaw County Michigan | 118 | $ 25,067,000 | $ 212,000 | $ 112,000 |
| Livingston County Michigan | 100 | $ 17,821,000 | $ 178,000 | $ 96,000 |
| Ingham County Michigan | 87 | $ 6,929,000 | $ 79,000 | $ 64,000 |
| Macomb County Michigan | 83 | $ 11,259,000 | $ 135,000 | $ 83,000 |
| Montcalm County Michigan | 38 | $ 2,457,000 | $ 64,000 | $ 43,000 |
| Eaton County Michigan | 25 | $ 3,409,000 | $ 136,000 | $ 125,000 |
| Clinton County Michigan | 21 | $ 2,206,000 | $ 105,000 | $ 61,000 |
| Monroe County Michigan | 17 | $ 2,306,000 | $ 135,000 | $ 135,000 |
| Ottawa County Michigan | 15 | $ 1,416,000 | $ 94,000 | $ 80,000 |
| Ionia County Michigan | 14 | $ 989,000 | $ 70,000 | $ 63,000 |
| Barry County Michigan | 12 | $ 1,181,000 | $ 98,000 | $ 104,000 |
| Mecosta County Michigan | 10 | $ 921,000 | $ 92,000 | $ 63,000 |
| Roscommon County Michigan | 9 | $ 789,000 | $ 87,000 | $ 90,000 |
| Lenawee County Michigan | 8 | $ 1,311,000 | $ 163,000 | $ 105,000 |
| Allegan County Michigan | 7 | $ 545,000 | $ 77,000 | $ 40,000 |
| St. Clair County Michigan | 7 | $ 1,075,000 | $ 153,000 | $ 103,000 |
| Jackson County Michigan | 6 | $ 797,000 | $ 132,000 | $ 73,000 |
| Shiawassee County Michigan | 6 | $ 566,000 | $ 94,000 | $ 69,000 |
| Cheboygan County Michigan | 5 | $ 890,000 | $ 178,000 | $ 121,000 |
| Grand Traverse County Michigan | 5 | $ 711,000 | $ 142,000 | $ 113,000 |
| Newaygo County Michigan | 5 | $ 582,000 | $ 116,000 | $ 82,000 |
| Alcona County Michigan | 4 | $ 591,000 | $ 147,000 | $ 145,000 |
| Emmet County Michigan | 4 | $ 744,000 | $ 186,000 | $ 106,000 |
| Hillsdale County Michigan | 4 | $ 661,000 | $ 165,000 | $ 44,000 |
| Leelanau County Michigan | 4 | $ 1,018,000 | $ 254,000 | $ 115,000 |
| Muskegon County Michigan | 4 | $ 754,000 | $ 188,000 | $ 146,000 |
| Chippewa County Michigan | 3 | $ 446,000 | $ 148,000 | $ 96,000 |
| Ogemaw County Michigan | 3 | $ 280,000 | $ 93,000 | $ 95,000 |
| Presque Isle County Michigan | 3 | $ 360,000 | $ 120,000 | $ 89,000 |
| Benzie County Michigan | 2 | $ 283,000 | $ 141,000 | $ 102,000 |
| Branch County Michigan | 2 | $ 315,000 | $ 157,000 | $ 90,000 |
| Gladwin County Michigan | 2 | $ 133,000 | $ 66,000 | $ 39,000 |
| Houghton County Michigan | 2 | $ 248,000 | $ 124,000 | $ 104,000 |
| Iosco County Michigan | 2 | $ 192,000 | $ 96,000 | $ 119,000 |
| Mason County Michigan | 2 | $ 254,000 | $ 127,000 | $ 97,000 |
| Montmorency County Michigan | 2 | $ 218,000 | $ 109,000 | $ 58,000 |
| Sanilac County Michigan | 2 | $ 313,000 | $ 156,000 | $ 136,000 |
| Palm Beach County Florida | 1 | $ 115,000 | $ 115,000 | $ 49,000 |
| St. Lucie County Florida | 1 | $ 76,000 | $ 76,000 | $ 43,000 |
| Miami County Indiana | 1 | $ 20,000 | $ 20,000 | $ 31,000 |
| Steuben County Indiana | 1 | $ 148,000 | $ 148,000 | $ 65,000 |
| Antrim County Michigan | 1 | $ 198,000 | $ 198,000 | $ 78,000 |
| Calhoun County Michigan | 1 | $ 130,000 | $ 130,000 | $ 62,000 |
| Charlevoix County Michigan | 1 | $ 25,000 | $ 25,000 | $ 176,000 |
| Clare County Michigan | 1 | $ 27,000 | $ 27,000 | $ 59,000 |
| Crawford County Michigan | 1 | $ 143,000 | $ 143,000 | $ 64,000 |
| Genesee County Michigan | 1 | $ 45,000 | $ 45,000 | $ 39,000 |
| Gratiot County Michigan | 1 | $ 100,000 | $ 100,000 | $ 51,000 |
| Huron County Michigan | 1 | $ 195,000 | $ 195,000 | $ 40,000 |
| Isabella County Michigan | 1 | $ 72,000 | $ 72,000 | $ 65,000 |
| Kalamazoo County Michigan | 1 | $ 175,000 | $ 175,000 | $ 75,000 |
| Lake County Michigan | 1 | $ 153,000 | $ 153,000 | $ 165,000 |
| Lapeer County Michigan | 1 | $ 95,000 | $ 95,000 | $ 148,000 |
| Mackinac County Michigan | 1 | $ 111,000 | $ 111,000 | $ 101,000 |
| Manistee County Michigan | 1 | $ 223,000 | $ 223,000 | $ 65,000 |
| Missaukee County Michigan | 1 | $ 194,000 | $ 194,000 | $ 47,000 |
| Oceana County Michigan | 1 | $ 108,000 | $ 108,000 | $ 98,000 |
| Oscoda County Michigan | 1 | $ 290,000 | $ 290,000 | $ 89,000 |
| Saginaw County Michigan | 1 | $ 240,000 | $ 240,000 | $ 59,000 |
| St. Joseph County Michigan | 1 | $ 10,000 | $ 10,000 | $ 75,000 |
| Van Buren County Michigan | 1 | $ 122,000 | $ 122,000 | $ 59,000 |
| Wexford County Michigan | 1 | $ 98,000 | $ 98,000 | $ 67,000 |
| Cumberland County Tennessee | 1 | $ 73,000 | $ 73,000 | $ 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 Dfcu Financial in 2009
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 | 2,019 | $322,226,000 | $159,000 | $1,050,000 | $93,000 | $1,120,000 |
| Home Purchase | 765 | $102,328,000 | $133,000 | $650,000 | $80,000 | $1,484,000 |
| Home Improvement | 88 | $2,423,000 | $27,000 | $397,000 | $64,000 | $312,000 |
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 | 2,233 | $325,138,000 | $145,000 | $1,050,000 | $88,000 | $1,484,000 |
| Not Provided | 296 | $46,196,000 | $156,000 | $650,000 | $91,000 | $852,000 |
| Asian | 149 | $31,083,000 | $208,000 | $643,000 | $115,000 | $476,000 |
| Black or African American | 118 | $16,089,000 | $136,000 | $592,000 | $76,000 | $224,000 |
| Hispanic | 58 | $6,315,000 | $108,000 | $405,000 | $71,000 | $320,000 |
| American Indian or Alaskan Native | 15 | $1,335,000 | $89,000 | $320,000 | $59,000 | $114,000 |
| Native Hawaiian or Other Pacific Islander | 3 | $821,000 | $273,000 | $280,000 | $137,000 | $143,000 |
| 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) | 2,813 | $422,211,000 | $150,000 | $1,050,000 | $89,000 | $1,484,000 |
| FHA-insured (Federal Housing Administration) | 41 | $3,432,000 | $83,000 | $175,000 | $44,000 | $114,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) | 15 | $1,044,000 | $69,000 | $106,000 | $44,000 | $175,000 |
| VA-guaranteed (Veterans Administration) | 3 | $290,000 | $96,000 | $138,000 | $67,000 | $113,000 |
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 | 1,764 | $278,385,000 | $157,000 | $707,000 | $95,000 | $1,120,000 |
| Application Withdrawn By Applicant | 357 | $49,822,000 | $139,000 | $965,000 | $84,000 | $1,484,000 |
| Preapproval Approved but not Accepted | 233 | $35,401,000 | $151,000 | $650,000 | $84,000 | $1,458,000 |
| Application Denied By Financial Institution | 222 | $20,760,000 | $93,000 | $1,000,000 | $65,000 | $413,000 |
| Application Approved But Not Accepted | 205 | $34,491,000 | $168,000 | $1,050,000 | $89,000 | $387,000 |
| Preapproval Denied by Financial Institution | 81 | $6,653,000 | $82,000 | $297,000 | $52,000 | $170,000 |
| File Closed For Incompleteness | 10 | $1,465,000 | $146,000 | $250,000 | $121,000 | $290,000 |
| Loan Purchased By The 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 | 105 | $10,543,000 | $100,000 | $600,000 | $82,000 | $231,000 |
| Credit History | 63 | $4,923,000 | $78,000 | $297,000 | $42,000 | $170,000 |
| Debt-To-Income Ratio | 48 | $3,429,000 | $71,000 | $309,000 | $40,000 | $95,000 |
| Other | 14 | $886,000 | $63,000 | $128,000 | $63,000 | $156,000 |
| Credit Application Incomplete | 12 | $439,000 | $36,000 | $85,000 | $48,000 | $115,000 |
| Employment History | 4 | $539,000 | $134,000 | $187,000 | $56,000 | $110,000 |
| Mortgage Insurance Denied | 4 | $494,000 | $123,000 | $314,000 | $90,000 | $165,000 |
| Insufficient Cash (Downpayment, Closing Cost) | 3 | $239,000 | $79,000 | $137,000 | $23,000 | $26,000 |
| 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.