Flagstar Bank
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 Flagstar 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 Flagstar Bank
5151 Corporate Dr
Troy, MI 48098
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 232,565
Total Mortgage Loan Application Amount $49,477,967,000
Average Mortgage Loan Application Amount $210,000
Highest Mortgage Loan Application Amount $1,400,000
Average Applicant Income $86,666
Highest Applicant Income $6,697,000

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 Flagstar Bank by County in 2009

County Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loans Applications Average Mortgage Loan Application Amount Average Applicant Income
Mercer County Illinois 1 $ 105,000 $ 105,000 $ 39,000
Putnam County Illinois 1 $ 131,000 $ 131,000 $ 54,000
Richland County Illinois 1 $ 21,000 $ 21,000 $ 86,000
Scott County Illinois 1 $ 87,000 $ 87,000 $ 44,000
Shelby County Illinois 1 $ 151,000 $ 151,000 $ 56,000
Wabash County Illinois 1 $ 177,000 $ 177,000 $ 12,000
Wayne County Illinois 1 $ 250,000 $ 250,000 $ 145,000
Blackford County Indiana 1 $ 60,000 $ 60,000 $ 24,000
Fayette County Indiana 1 $ 148,000 $ 148,000 $ 55,000
Knox County Indiana 1 $ 105,000 $ 105,000 $ 15,000
Martin County Indiana 1 $ 125,000 $ 125,000 $ 12,000
Pike County Indiana 1 $ 143,000 $ 143,000 $ 120,000
Union County Indiana 1 $ 119,000 $ 119,000 $ 35,000
Cherokee County Iowa 1 $ 197,000 $ 197,000 $ 12,000
Decatur County Iowa 1 $ 108,000 $ 108,000 $ 30,000
Floyd County Iowa 1 $ 125,000 $ 125,000 $ 48,000
Humboldt County Iowa 1 $ 72,000 $ 72,000 $ 48,000
Iowa County Iowa 1 $ 302,000 $ 302,000 $ 113,000
Jones County Iowa 1 $ 136,000 $ 136,000 $ 12,000
Montgomery County Iowa 1 $ 34,000 $ 34,000 $ 39,000
Palo Alto County Iowa 1 $ 51,000 $ 51,000 $ 22,000
Sac County Iowa 1 $ 116,000 $ 116,000 $ 81,000
Van Buren County Iowa 1 $ 82,000 $ 82,000 $ 12,000
Allen County Kansas 1 $ 43,000 $ 43,000 $ 11,000
Bourbon County Kansas 1 $ 128,000 $ 128,000 $ 12,000
Chautauqua County Kansas 1 $ 58,000 $ 58,000 $ 45,000
Cheyenne County Kansas 1 $ 77,000 $ 77,000 $ 44,000
Clark County Kansas 1 $ 164,000 $ 164,000 $ 116,000
Cloud County Kansas 1 $ 62,000 $ 62,000 $ 15,000
Coffey County Kansas 1 $ 118,000 $ 118,000 $ 43,000
Graham County Kansas 1 $ 148,000 $ 148,000 $ 29,000
Gray County Kansas 1 $ 96,000 $ 96,000 $ 12,000
Greenwood County Kansas 1 $ 39,000 $ 39,000 $ 16,000
Haskell County Kansas 1 $ 318,000 $ 318,000 $ 85,000
Hodgeman County Kansas 1 $ 69,000 $ 69,000 $ 59,000
Kingman County Kansas 1 $ 82,000 $ 82,000 $ 46,000
Lane County Kansas 1 $ 65,000 $ 65,000 $ 79,000
Logan County Kansas 1 $ 81,000 $ 81,000 $ 60,000
Mitchell County Kansas 1 $ 98,000 $ 98,000 $ 51,000
Morton County Kansas 1 $ 60,000 $ 60,000 $ 37,000
Neosho County Kansas 1 $ 110,000 $ 110,000 $ 55,000
Ottawa County Kansas 1 $ 75,000 $ 75,000 $ 38,000
Pawnee County Kansas 1 $ 83,000 $ 83,000 $ 51,000
Rice County Kansas 1 $ 120,000 $ 120,000 $ 12,000
Scott County Kansas 1 $ 94,000 $ 94,000 $ 59,000
Smith County Kansas 1 $ 133,000 $ 133,000 $ 78,000
Stafford County Kansas 1 $ 132,000 $ 132,000 $ 80,000
Allen County Kentucky 1 $ 228,000 $ 228,000 $ 82,000
Ballard County Kentucky 1 $ 82,000 $ 82,000 $ 12,000
Breathitt County Kentucky 1 $ 77,000 $ 77,000 $ 52,000
Butler County Kentucky 1 $ 69,000 $ 69,000 $ 22,000
Estill County Kentucky 1 $ 64,000 $ 64,000 $ 39,000
Fulton County Kentucky 1 $ 205,000 $ 205,000 $ 63,000
Hancock County Kentucky 1 $ 125,000 $ 125,000 $ 12,000
Hart County Kentucky 1 $ 120,000 $ 120,000 $ 61,000
Henry County Kentucky 1 $ 176,000 $ 176,000 $ 58,000
Hickman County Kentucky 1 $ 162,000 $ 162,000 $ 45,000
Jackson County Kentucky 1 $ 52,000 $ 52,000 $ 15,000
Leslie County Kentucky 1 $ 103,000 $ 103,000 $ 67,000
Lewis County Kentucky 1 $ 49,000 $ 49,000 $ 12,000
Logan County Kentucky 1 $ 80,000 $ 80,000 $ 32,000
Lyon County Kentucky 1 $ 112,000 $ 112,000 $ 101,000
Magoffin County Kentucky 1 $ 78,000 $ 78,000 $ 39,000
Marion County Kentucky 1 $ 304,000 $ 304,000 $ 103,000
Marshall County Kentucky 1 $ 188,000 $ 188,000 $ 113,000
Mason County Kentucky 1 $ 149,000 $ 149,000 $ 12,000
Monroe County Kentucky 1 $ 77,000 $ 77,000 $ 32,000
Owen County Kentucky 1 $ 200,000 $ 200,000 $ 85,000
Pendleton County Kentucky 1 $ 211,000 $ 211,000 $ 86,000
Todd County Kentucky 1 $ 126,000 $ 126,000 $ 74,000
Trimble County Kentucky 1 $ 69,000 $ 69,000 $ 18,000
Webster County Kentucky 1 $ 50,000 $ 50,000 $ 12,000
Wolfe County Kentucky 1 $ 117,000 $ 117,000 $ 66,000
Allen County Louisiana 1 $ 188,000 $ 188,000 $ 123,000
Cameron County Louisiana 1 $ 233,000 $ 233,000 $ 84,000
Catahoula County Louisiana 1 $ 183,000 $ 183,000 $ 94,000
Claiborne County Louisiana 1 $ 299,000 $ 299,000 $ 110,000
Concordia County Louisiana 1 $ 317,000 $ 317,000 $ 94,000
Evangeline County Louisiana 1 $ 98,000 $ 98,000 $ 12,000
Morehouse County Louisiana 1 $ 102,000 $ 102,000 $ 35,000
Richland County Louisiana 1 $ 204,000 $ 204,000 $ 78,000
Winn County Louisiana 1 $ 250,000 $ 250,000 $ 192,000
Franklin County Maine 1 $ 125,000 $ 125,000 $ 38,000
Knox County Maine 1 $ 417,000 $ 417,000 $ 252,000
Keweenaw County Michigan 1 $ 57,000 $ 57,000 $ 58,000
Luce County Michigan 1 $ 174,000 $ 174,000 $ 35,000
Ontonagon County Michigan 1 $ 68,000 $ 68,000 $ 72,000
Schoolcraft County Michigan 1 $ 107,000 $ 107,000 $ 64,000
Beltrami County Minnesota 1 $ 66,000 $ 66,000 $ 33,000
Big Stone County Minnesota 1 $ 216,000 $ 216,000 $ 139,000
Brown County Minnesota 1 $ 262,000 $ 262,000 $ 211,000
Jackson County Minnesota 1 $ 64,000 $ 64,000 $ 67,000
Koochiching County Minnesota 1 $ 69,000 $ 69,000 $ 12,000
Murray County Minnesota 1 $ 174,000 $ 174,000 $ 12,000
Nobles County Minnesota 1 $ 238,000 $ 238,000 $ 60,000
Pope County Minnesota 1 $ 242,000 $ 242,000 $ 44,000
Redwood County Minnesota 1 $ 125,000 $ 125,000 $ 12,000
Renville County Minnesota 1 $ 135,000 $ 135,000 $ 12,000
Roseau County Minnesota 1 $ 205,000 $ 205,000 $ 12,000
Traverse County Minnesota 1 $ 73,000 $ 73,000 $ 42,000
Watonwan County Minnesota 1 $ 73,000 $ 73,000 $ 12,000
Alcorn County Mississippi 1 $ 162,000 $ 162,000 $ 43,000
Attala County Mississippi 1 $ 102,000 $ 102,000 $ 43,000
Chickasaw County Mississippi 1 $ 96,000 $ 96,000 $ 32,000
Clay County Mississippi 1 $ 90,000 $ 90,000 $ 21,000
Franklin County Mississippi 1 $ 131,000 $ 131,000 $ 82,000
Greene County Mississippi 1 $ 168,000 $ 168,000 $ 56,000
Lawrence County Mississippi 1 $ 63,000 $ 63,000 $ 41,000
Neshoba County Mississippi 1 $ 104,000 $ 104,000 $ 90,000
Quitman County Mississippi 1 $ 40,000 $ 40,000 $ 65,000
Sharkey County Mississippi 1 $ 134,000 $ 134,000 $ 80,000
Smith County Mississippi 1 $ 184,000 $ 184,000 $ 78,000
Sunflower County Mississippi 1 $ 101,000 $ 101,000 $ 68,000
Tunica County Mississippi 1 $ 172,000 $ 172,000 $ 50,000
Atchison County Missouri 1 $ 88,000 $ 88,000 $ 56,000
Cedar County Missouri 1 $ 85,000 $ 85,000 $ 12,000
Chariton County Missouri 1 $ 78,000 $ 78,000 $ 39,000
Clark County Missouri 1 $ 110,000 $ 110,000 $ 21,000
Daviess County Missouri 1 $ 155,000 $ 155,000 $ 49,000
Douglas County Missouri 1 $ 57,000 $ 57,000 $ 19,000
Hickory County Missouri 1 $ 83,000 $ 83,000 $ 20,000
Holt County Missouri 1 $ 44,000 $ 44,000 $ 116,000
Linn County Missouri 1 $ 219,000 $ 219,000 $ 57,000
Mercer County Missouri 1 $ 202,000 $ 202,000 $ 64,000
New Madrid County Missouri 1 $ 120,000 $ 120,000 $ 12,000
Ozark County Missouri 1 $ 250,000 $ 250,000 $ 52,000
Putnam County Missouri 1 $ 115,000 $ 115,000 $ 70,000
Schuyler County Missouri 1 $ 68,000 $ 68,000 $ 25,000
Sullivan County Missouri 1 $ 97,000 $ 97,000 $ 21,000
Big Horn County Montana 1 $ 49,000 $ 49,000 $ 81,000
Custer County Montana 1 $ 92,000 $ 92,000 $ 46,000
Hill County Montana 1 $ 218,000 $ 218,000 $ 96,000
Mineral County Montana 1 $ 107,000 $ 107,000 $ 67,000
Pondera County Montana 1 $ 124,000 $ 124,000 $ 46,000
Richland County Montana 1 $ 169,000 $ 169,000 $ 75,000
Teton County Montana 1 $ 216,000 $ 216,000 $ 60,000
Valley County Montana 1 $ 75,000 $ 75,000 $ 35,000
Antelope County Nebraska 1 $ 85,000 $ 85,000 $ 31,000
Butler County Nebraska 1 $ 126,000 $ 126,000 $ 44,000
Chase County Nebraska 1 $ 46,000 $ 46,000 $ 29,000
Clay County Nebraska 1 $ 88,000 $ 88,000 $ 12,000
Garfield County Nebraska 1 $ 199,000 $ 199,000 $ 72,000
Hitchcock County Nebraska 1 $ 54,000 $ 54,000 $ 51,000
Kimball County Nebraska 1 $ 86,000 $ 86,000 $ 55,000
Knox County Nebraska 1 $ 106,000 $ 106,000 $ 46,000
McPherson County Nebraska 1 $ 135,000 $ 135,000 $ 12,000
Morrill County Nebraska 1 $ 112,000 $ 112,000 $ 71,000
Perkins County Nebraska 1 $ 67,000 $ 67,000 $ 18,000
Thomas County Nebraska 1 $ 50,000 $ 50,000 $ 19,000
Valley County Nebraska 1 $ 51,000 $ 51,000 $ 35,000
Webster County Nebraska 1 $ 140,000 $ 140,000 $ 114,000
Eureka County Nevada 1 $ 180,000 $ 180,000 $ 12,000
Humboldt County Nevada 1 $ 203,000 $ 203,000 $ 12,000
Lander County Nevada 1 $ 70,000 $ 70,000 $ 71,000
Pershing County Nevada 1 $ 88,000 $ 88,000 $ 50,000
White Pine County Nevada 1 $ 139,000 $ 139,000 $ 12,000
Guadalupe County New Mexico 1 $ 132,000 $ 132,000 $ 68,000
Hidalgo County New Mexico 1 $ 417,000 $ 417,000 $ 398,000
Cortland County New York 1 $ 240,000 $ 240,000 $ 65,000
Bertie County North Carolina 1 $ 110,000 $ 110,000 $ 12,000
Tyrrell County North Carolina 1 $ 145,000 $ 145,000 $ 58,000
Washington County North Carolina 1 $ 86,000 $ 86,000 $ 38,000
Barnes County North Dakota 1 $ 144,000 $ 144,000 $ 77,000
Kidder County North Dakota 1 $ 132,000 $ 132,000 $ 66,000
Logan County North Dakota 1 $ 52,000 $ 52,000 $ 42,000
McIntosh County North Dakota 1 $ 84,000 $ 84,000 $ 45,000
Richland County North Dakota 1 $ 146,000 $ 146,000 $ 59,000
Stutsman County North Dakota 1 $ 146,000 $ 146,000 $ 30,000
Walsh County North Dakota 1 $ 52,000 $ 52,000 $ 56,000
Monroe County Ohio 1 $ 114,000 $ 114,000 $ 56,000
Blaine County Oklahoma 1 $ 109,000 $ 109,000 $ 44,000
Caddo County Oklahoma 1 $ 128,000 $ 128,000 $ 61,000
Choctaw County Oklahoma 1 $ 157,000 $ 157,000 $ 12,000
Cimarron County Oklahoma 1 $ 106,000 $ 106,000 $ 23,000
Cotton County Oklahoma 1 $ 162,000 $ 162,000 $ 135,000
Grant County Oklahoma 1 $ 208,000 $ 208,000 $ 88,000
Greer County Oklahoma 1 $ 64,000 $ 64,000 $ 44,000
Haskell County Oklahoma 1 $ 124,000 $ 124,000 $ 55,000
Johnston County Oklahoma 1 $ 61,000 $ 61,000 $ 42,000
Major County Oklahoma 1 $ 149,000 $ 149,000 $ 100,000
Marshall County Oklahoma 1 $ 125,000 $ 125,000 $ 108,000
Harney County Oregon 1 $ 62,000 $ 62,000 $ 29,000
Morrow County Oregon 1 $ 74,000 $ 74,000 $ 24,000
Wheeler County Oregon 1 $ 157,000 $ 157,000 $ 12,000
Forest County Pennsylvania 1 $ 131,000 $ 131,000 $ 49,000
Greene County Pennsylvania 1 $ 145,000 $ 145,000 $ 79,000
McKean County Pennsylvania 1 $ 135,000 $ 135,000 $ 64,000
Guayama County Puerto Rico 1 $ 113,000 $ 113,000 $ 66,000
Allendale County South Carolina 1 $ 80,000 $ 80,000 $ 69,000
Charles Mix County South Dakota 1 $ 59,000 $ 59,000 $ 21,000
Douglas County South Dakota 1 $ 65,000 $ 65,000 $ 26,000
Edmunds County South Dakota 1 $ 26,000 $ 26,000 $ 68,000
Hand County South Dakota 1 $ 176,000 $ 176,000 $ 12,000
Hutchinson County South Dakota 1 $ 86,000 $ 86,000 $ 29,000
Hyde County South Dakota 1 $ 60,000 $ 60,000 $ 33,000
Moody County South Dakota 1 $ 93,000 $ 93,000 $ 60,000
Sully County South Dakota 1 $ 232,000 $ 232,000 $ 103,000
Walworth County South Dakota 1 $ 200,000 $ 200,000 $ 92,000
Bledsoe County Tennessee 1 $ 195,000 $ 195,000 $ 44,000
Decatur County Tennessee 1 $ 192,000 $ 192,000 $ 78,000
Haywood County Tennessee 1 $ 158,000 $ 158,000 $ 42,000
Meigs County Tennessee 1 $ 264,000 $ 264,000 $ 66,000
Moore County Tennessee 1 $ 271,000 $ 271,000 $ 66,000
Perry County Tennessee 1 $ 88,000 $ 88,000 $ 12,000
Wayne County Tennessee 1 $ 196,000 $ 196,000 $ 60,000
Andrews County Texas 1 $ 127,000 $ 127,000 $ 54,000
Baylor County Texas 1 $ 165,000 $ 165,000 $ 56,000
Brooks County Texas 1 $ 173,000 $ 173,000 $ 66,000
Coleman County Texas 1 $ 85,000 $ 85,000 $ 37,000
Comanche County Texas 1 $ 105,000 $ 105,000 $ 81,000
Crane County Texas 1 $ 78,000 $ 78,000 $ 77,000
Dallam County Texas 1 $ 143,000 $ 143,000 $ 12,000
Delta County Texas 1 $ 63,000 $ 63,000 $ 44,000
Duval County Texas 1 $ 129,000 $ 129,000 $ 94,000
Gaines County Texas 1 $ 104,000 $ 104,000 $ 99,000
Hale County Texas 1 $ 81,000 $ 81,000 $ 42,000
Haskell County Texas 1 $ 35,000 $ 35,000 $ 49,000
La Salle County Texas 1 $ 108,000 $ 108,000 $ 77,000
Lipscomb County Texas 1 $ 101,000 $ 101,000 $ 47,000
Lynn County Texas 1 $ 24,000 $ 24,000 $ 45,000
Mason County Texas 1 $ 163,000 $ 163,000 $ 57,000
Morris County Texas 1 $ 217,000 $ 217,000 $ 70,000
Nolan County Texas 1 $ 110,000 $ 110,000 $ 48,000
Presidio County Texas 1 $ 78,000 $ 78,000 $ 47,000
Reeves County Texas 1 $ 66,000 $ 66,000 $ 84,000
San Augustine County Texas 1 $ 61,000 $ 61,000 $ 29,000
Scurry County Texas 1 $ 142,000 $ 142,000 $ 70,000
Stephens County Texas 1 $ 161,000 $ 161,000 $ 143,000
Terry County Texas 1 $ 76,000 $ 76,000 $ 66,000
Upton County Texas 1 $ 44,000 $ 44,000 $ 56,000
Yoakum County Texas 1 $ 258,000 $ 258,000 $ 12,000
Zavala County Texas 1 $ 181,000 $ 181,000 $ 177,000
Garfield County Utah 1 $ 172,000 $ 172,000 $ 63,000
Piute County Utah 1 $ 150,000 $ 150,000 $ 73,000
Sevier County Utah 1 $ 146,000 $ 146,000 $ 90,000
Essex County Vermont 1 $ 184,000 $ 184,000 $ 31,000
Buchanan County Virginia 1 $ 89,000 $ 89,000 $ 12,000
Craig County Virginia 1 $ 210,000 $ 210,000 $ 89,000
Highland County Virginia 1 $ 223,000 $ 223,000 $ 76,000
Clay County West Virginia 1 $ 96,000 $ 96,000 $ 51,000
Doddridge County West Virginia 1 $ 65,000 $ 65,000 $ 63,000
Gilmer County West Virginia 1 $ 75,000 $ 75,000 $ 26,000
Mason County West Virginia 1 $ 42,000 $ 42,000 $ 95,000
Mingo County West Virginia 1 $ 197,000 $ 197,000 $ 93,000
Pendleton County West Virginia 1 $ 200,000 $ 200,000 $ 122,000
Webster County West Virginia 1 $ 76,000 $ 76,000 $ 12,000
Wyoming County West Virginia 1 $ 173,000 $ 173,000 $ 130,000
Johnson County Wyoming 1 $ 275,000 $ 275,000 $ 84,000
Niobrara County Wyoming 1 $ 202,000 $ 202,000 $ 64,000
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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 Flagstar Bank 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 145,693 $33,253,178,000 $228,000 $1,129,000 $85,000 $6,697,000
Home Purchase 82,217 $15,212,643,000 $185,000 $1,400,000 $82,000 $6,464,000
Home Improvement 4,655 $1,012,146,000 $217,000 $801,000 $93,000 $1,056,000

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 163,427 $34,535,172,000 $211,000 $1,400,000 $87,000 $6,697,000
Not Provided 21,889 $5,006,157,000 $228,000 $978,000 $85,000 $6,494,000
Hispanic 19,303 $3,573,595,000 $185,000 $900,000 $66,000 $2,330,000
Black or African American 14,577 $2,562,292,000 $175,000 $1,129,000 $57,000 $2,885,000
Asian 11,831 $3,436,714,000 $290,000 $1,100,000 $107,000 $2,198,000
Native Hawaiian or Other Pacific Islander 873 $225,108,000 $257,000 $730,000 $85,000 $1,745,000
American Indian or Alaskan Native 664 $138,429,000 $208,000 $687,000 $79,000 $849,000
Not applicable 1 $500,000 $500,000 $500,000 $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) 134,044 $31,793,075,000 $237,000 $1,139,000 $107,000 $6,697,000
FHA-insured (Federal Housing Administration) 85,055 $15,095,258,000 $177,000 $1,400,000 $53,000 $5,379,000
VA-guaranteed (Veterans Administration) 10,962 $2,283,708,000 $208,000 $1,109,000 $55,000 $654,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 2,504 $305,926,000 $122,000 $423,000 $44,000 $188,000

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 131,186 $27,893,181,000 $212,000 $1,109,000 $85,000 $5,379,000
Application Approved But Not Accepted 43,319 $9,820,792,000 $226,000 $1,000,000 $89,000 $6,697,000
Application Denied By Financial Institution 30,840 $6,501,498,000 $210,000 $1,400,000 $85,000 $6,494,000
Loan Purchased By The Institution 21,664 $4,315,592,000 $199,000 $1,040,000 $76,000 $2,885,000
Preapproval Approved but not Accepted 3,577 $607,882,000 $169,000 $891,000 $63,000 $701,000
Preapproval Denied by Financial Institution 1,770 $291,818,000 $164,000 $730,000 $57,000 $780,000
File Closed For Incompleteness 209 $47,204,000 $225,000 $785,000 $102,000 $1,643,000
Application Withdrawn By Applicant 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
Debt-To-Income Ratio 11,365 $2,469,062,000 $217,000 $1,400,000 $60,000 $1,200,000
Collateral 7,554 $1,661,615,000 $219,000 $1,139,000 $99,000 $2,330,000
Other 5,150 $1,051,140,000 $204,000 $1,000,000 $119,000 $6,494,000
Credit History 4,840 $819,896,000 $169,000 $781,000 $66,000 $1,252,000
Unverifiable Information 2,149 $462,291,000 $215,000 $1,100,000 $104,000 $2,770,000
Mortgage Insurance Denied 726 $180,208,000 $248,000 $729,000 $97,000 $1,461,000
Employment History 436 $74,101,000 $169,000 $799,000 $60,000 $404,000
Insufficient Cash (Downpayment, Closing Cost) 336 $63,551,000 $189,000 $668,000 $102,000 $1,497,000
Credit Application Incomplete 54 $11,452,000 $212,000 $623,000 $114,000 $810,000

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