Dfcu Financial
Mortgage Loan Application
Totals and Details
for 2010

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 2,244
Total Mortgage Loan Application Amount $321,331,000
Average Mortgage Loan Application Amount $106,333
Highest Mortgage Loan Application Amount $1,115,000
Average Applicant Income $85,000
Highest Applicant Income $1,147,000

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 Dfcu Financial by County in 2010

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 901 $ 116,188,000 $ 128,000 $ 89,000
Oakland County Michigan 358 $ 65,763,000 $ 183,000 $ 117,000
Washtenaw County Michigan 230 $ 41,101,000 $ 178,000 $ 116,000
Livingston County Michigan 91 $ 15,499,000 $ 170,000 $ 102,000
Kent County Michigan 84 $ 8,005,000 $ 95,000 $ 59,000
Macomb County Michigan 59 $ 7,560,000 $ 128,000 $ 106,000
Ingham County Michigan 46 $ 4,054,000 $ 88,000 $ 66,000
Monroe County Michigan 22 $ 3,433,000 $ 156,000 $ 100,000
Montcalm County Michigan 20 $ 1,294,000 $ 64,000 $ 45,000
Jackson County Michigan 15 $ 2,504,000 $ 166,000 $ 148,000
Eaton County Michigan 14 $ 1,618,000 $ 115,000 $ 76,000
Ottawa County Michigan 14 $ 1,647,000 $ 117,000 $ 73,000
Clinton County Michigan 12 $ 1,309,000 $ 109,000 $ 89,000
Grand Traverse County Michigan 9 $ 1,259,000 $ 139,000 $ 71,000
Allegan County Michigan 8 $ 859,000 $ 107,000 $ 59,000
Lenawee County Michigan 8 $ 1,121,000 $ 140,000 $ 99,000
Antrim County Michigan 7 $ 1,328,000 $ 189,000 $ 153,000
Mecosta County Michigan 7 $ 707,000 $ 101,000 $ 52,000
Gladwin County Michigan 6 $ 554,000 $ 92,000 $ 70,000
Kalamazoo County Michigan 6 $ 983,000 $ 163,000 $ 113,000
Newaygo County Michigan 6 $ 514,000 $ 85,000 $ 76,000
Otsego County Michigan 6 $ 830,000 $ 138,000 $ 88,000
St. Clair County Michigan 6 $ 808,000 $ 134,000 $ 92,000
Cheboygan County Michigan 5 $ 1,300,000 $ 260,000 $ 137,000
Genesee County Michigan 5 $ 572,000 $ 114,000 $ 60,000
Barry County Michigan 4 $ 443,000 $ 110,000 $ 86,000
Charlevoix County Michigan 4 $ 732,000 $ 183,000 $ 247,000
Muskegon County Michigan 4 $ 734,000 $ 183,000 $ 100,000
Roscommon County Michigan 4 $ 292,000 $ 73,000 $ 90,000
Benzie County Michigan 3 $ 675,000 $ 225,000 $ 125,000
Clare County Michigan 3 $ 265,000 $ 88,000 $ 152,000
Emmet County Michigan 3 $ 732,000 $ 244,000 $ 229,000
Ionia County Michigan 3 $ 99,000 $ 33,000 $ 32,000
Kalkaska County Michigan 3 $ 275,000 $ 91,000 $ 123,000
Ogemaw County Michigan 3 $ 186,000 $ 62,000 $ 91,000
Sanilac County Michigan 3 $ 148,000 $ 49,000 $ 63,000
Alcona County Michigan 2 $ 283,000 $ 141,000 $ 132,000
Berrien County Michigan 2 $ 294,000 $ 147,000 $ 196,000
Calhoun County Michigan 2 $ 207,000 $ 103,000 $ 217,000
Houghton County Michigan 2 $ 144,000 $ 72,000 $ 119,000
Iosco County Michigan 2 $ 306,000 $ 153,000 $ 127,000
Manistee County Michigan 2 $ 293,000 $ 146,000 $ 194,000
Wexford County Michigan 2 $ 161,000 $ 80,000 $ 102,000
Hampden County Massachusetts 1 $ 104,000 $ 104,000 $ 180,000
Alger County Michigan 1 $ 184,000 $ 184,000 $ 111,000
Alpena County Michigan 1 $ 164,000 $ 164,000 $ 139,000
Arenac County Michigan 1 $ 106,000 $ 106,000 $ 87,000
Chippewa County Michigan 1 $ 275,000 $ 275,000 $ 58,000
Crawford County Michigan 1 $ 140,000 $ 140,000 $ 67,000
Gratiot County Michigan 1 $ 28,000 $ 28,000 $ 31,000
Hillsdale County Michigan 1 $ 88,000 $ 88,000 $ 90,000
Huron County Michigan 1 $ 64,000 $ 64,000 $ 104,000
Lapeer County Michigan 1 $ 75,000 $ 75,000 $ 72,000
Mackinac County Michigan 1 $ 257,000 $ 257,000 $ 180,000
Menominee County Michigan 1 $ 215,000 $ 215,000 $ 59,000
Missaukee County Michigan 1 $ 129,000 $ 129,000 $ 104,000
Montmorency County Michigan 1 $ 52,000 $ 52,000 $ 52,000
Osceola County Michigan 1 $ 59,000 $ 59,000 $ 55,000
Presque Isle County Michigan 1 $ 176,000 $ 176,000 $ 90,000
Shiawassee County Michigan 1 $ 153,000 $ 153,000 $ 51,000

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 2010

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 1,583 $239,994,000 $151,000 $1,115,000 $100,000 $1,147,000
Home Purchase 564 $78,374,000 $138,000 $650,000 $85,000 $334,000
Home Improvement 97 $2,963,000 $30,000 $221,000 $70,000 $232,000

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 1,776 $250,229,000 $140,000 $1,115,000 $94,000 $1,147,000
Not Provided 215 $34,606,000 $160,000 $594,000 $107,000 $376,000
Black or African American 103 $11,530,000 $111,000 $481,000 $71,000 $604,000
Asian 92 $17,683,000 $192,000 $650,000 $113,000 $321,000
Hispanic 44 $5,310,000 $120,000 $650,000 $81,000 $254,000
American Indian or Alaskan Native 8 $557,000 $69,000 $173,000 $59,000 $107,000
Native Hawaiian or Other Pacific Islander 6 $1,416,000 $236,000 $491,000 $160,000 $235,000
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) 2,244 $321,331,000 $143,000 $1,115,000 $95,000 $1,147,000
FHA-insured (Federal Housing Administration) 0 $0 $0 $0 $0 $0
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 1,504 $222,715,000 $148,000 $650,000 $100,000 $1,000,000
Application Withdrawn By Applicant 198 $27,712,000 $139,000 $650,000 $90,000 $400,000
Application Denied By Financial Institution 176 $16,151,000 $91,000 $767,000 $74,000 $492,000
Preapproval Approved but not Accepted 174 $25,431,000 $146,000 $450,000 $81,000 $309,000
Application Approved But Not Accepted 161 $25,622,000 $159,000 $1,115,000 $100,000 $1,147,000
Preapproval Denied by Financial Institution 27 $3,177,000 $117,000 $417,000 $66,000 $182,000
File Closed For Incompleteness 4 $523,000 $130,000 $197,000 $73,000 $102,000
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 77 $7,970,000 $103,000 $417,000 $86,000 $196,000
Debt-To-Income Ratio 57 $3,498,000 $61,000 $271,000 $46,000 $150,000
Other 31 $2,736,000 $88,000 $365,000 $91,000 $492,000
Credit History 27 $3,406,000 $126,000 $417,000 $64,000 $162,000
Credit Application Incomplete 2 $208,000 $104,000 $108,000 $45,000 $50,000
Employment History 1 $112,000 $112,000 $112,000 $42,000 $42,000
Insufficient Cash (Downpayment, Closing Cost) 0 $0 $0 $0 $0 $0
Mortgage Insurance Denied 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.

Download the Michigan Lender List