Heartwell Mortgage Corporation
Mortgage Loan Application
Totals and Details
for 2006

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 Heartwell Mortgage Corporation.
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 Heartwell Mortgage Corporation
1580 E. Beltline, S.E.
Grand Rapids, MI 49506
Tel #: available with data download
Federal Regulator * available with data download
Years 2006  2005  2004  2003  
Total Number of Mortgage Applications 4,478
Total Mortgage Loan Application Amount $611,029,000
Average Mortgage Loan Application Amount $115,000
Highest Mortgage Loan Application Amount $2,450,000
Average Applicant Income $61,666
Highest Applicant Income $6,000,000

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 Heartwell Mortgage Corporation by County in 2006

County Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loans Applications Average Mortgage Loan Application Amount Average Applicant Income
Kent County Michigan 766 $ 99,893,000 $ 130,000 $ 58,000
Ottawa County Michigan 283 $ 44,095,000 $ 155,000 $ 73,000
Monroe County Michigan 242 $ 35,744,000 $ 147,000 $ 63,000
Wayne County Michigan 178 $ 21,965,000 $ 123,000 $ 60,000
Genesee County Michigan 170 $ 22,689,000 $ 133,000 $ 74,000
Oakland County Michigan 151 $ 31,987,000 $ 211,000 $ 95,000
Ingham County Michigan 128 $ 18,935,000 $ 147,000 $ 99,000
Allegan County Michigan 115 $ 18,405,000 $ 160,000 $ 59,000
Kalamazoo County Michigan 100 $ 12,512,000 $ 125,000 $ 75,000
St. Joseph County Indiana 86 $ 9,018,000 $ 104,000 $ 55,000
St. Clair County Michigan 86 $ 12,681,000 $ 147,000 $ 59,000
Marion County Indiana 75 $ 6,866,000 $ 91,000 $ 43,000
Montcalm County Michigan 66 $ 6,124,000 $ 92,000 $ 44,000
Macomb County Michigan 65 $ 8,785,000 $ 135,000 $ 58,000
St. Louis County Missouri 64 $ 8,177,000 $ 127,000 $ 53,000
Barry County Michigan 56 $ 7,288,000 $ 130,000 $ 53,000
Ionia County Michigan 56 $ 6,738,000 $ 120,000 $ 52,000
Muskegon County Michigan 54 $ 6,367,000 $ 117,000 $ 58,000
Shiawassee County Michigan 44 $ 4,689,000 $ 106,000 $ 54,000
Charleston County South Carolina 43 $ 8,263,000 $ 192,000 $ 99,000
Eaton County Michigan 41 $ 6,222,000 $ 151,000 $ 61,000
Newaygo County Michigan 38 $ 4,640,000 $ 122,000 $ 54,000
Jefferson County Missouri 34 $ 4,161,000 $ 122,000 $ 50,000
Clinton County Michigan 33 $ 4,761,000 $ 144,000 $ 72,000
Lapeer County Michigan 33 $ 4,128,000 $ 125,000 $ 61,000
St. Charles County Missouri 33 $ 5,242,000 $ 158,000 $ 70,000
Charlevoix County Michigan 32 $ 4,487,000 $ 140,000 $ 70,000
Washtenaw County Michigan 30 $ 5,144,000 $ 171,000 $ 106,000
Elkhart County Indiana 29 $ 3,094,000 $ 106,000 $ 52,000
Greenville County South Carolina 29 $ 3,610,000 $ 124,000 $ 47,000
Berkeley County South Carolina 28 $ 4,217,000 $ 150,000 $ 75,000
St. Joseph County Michigan 27 $ 2,483,000 $ 91,000 $ 61,000
Van Buren County Michigan 27 $ 3,922,000 $ 145,000 $ 56,000
Duval County Florida 25 $ 3,158,000 $ 126,000 $ 56,000
Emmet County Michigan 25 $ 4,877,000 $ 195,000 $ 120,000
Franklin County Ohio 24 $ 2,711,000 $ 112,000 $ 47,000
Dorchester County South Carolina 24 $ 2,546,000 $ 106,000 $ 62,000
Montgomery County Ohio 23 $ 2,201,000 $ 95,000 $ 41,000
Allen County Indiana 22 $ 2,385,000 $ 108,000 $ 66,000
Livingston County Michigan 22 $ 4,591,000 $ 208,000 $ 77,000
Hamilton County Ohio 22 $ 5,067,000 $ 230,000 $ 346,000
Orange County Florida 20 $ 3,136,000 $ 156,000 $ 76,000
Calhoun County Michigan 20 $ 2,475,000 $ 123,000 $ 65,000
Iosco County Michigan 18 $ 1,623,000 $ 90,000 $ 81,000
Jackson County Michigan 18 $ 1,712,000 $ 95,000 $ 49,000
St. Louis City County Missouri 18 $ 1,823,000 $ 101,000 $ 50,000
Lucas County Ohio 18 $ 2,016,000 $ 112,000 $ 57,000
Summit County Ohio 18 $ 2,201,000 $ 122,000 $ 59,000
Saginaw County Michigan 17 $ 1,691,000 $ 99,000 $ 105,000
Anderson County South Carolina 17 $ 1,421,000 $ 83,000 $ 38,000
Johnson County Indiana 16 $ 1,584,000 $ 99,000 $ 56,000
Licking County Ohio 16 $ 2,225,000 $ 139,000 $ 60,000
Bay County Michigan 14 $ 1,345,000 $ 96,000 $ 60,000
Cheboygan County Michigan 14 $ 2,273,000 $ 162,000 $ 131,000
Sanilac County Michigan 14 $ 1,389,000 $ 99,000 $ 42,000
Tuscola County Michigan 14 $ 1,376,000 $ 98,000 $ 53,000
Marshall County Indiana 12 $ 1,129,000 $ 94,000 $ 41,000
Berrien County Michigan 12 $ 1,086,000 $ 90,000 $ 58,000
Cass County Michigan 12 $ 1,332,000 $ 111,000 $ 52,000
Oceana County Michigan 12 $ 2,785,000 $ 232,000 $ 122,000
Butler County Ohio 12 $ 1,334,000 $ 111,000 $ 57,000
Huron County Michigan 11 $ 1,063,000 $ 96,000 $ 34,000
Portage County Ohio 11 $ 1,506,000 $ 136,000 $ 78,000
Pickens County South Carolina 11 $ 765,000 $ 69,000 $ 37,000
Hamilton County Indiana 10 $ 2,179,000 $ 217,000 $ 126,000
Midland County Michigan 10 $ 928,000 $ 92,000 $ 43,000
Wexford County Michigan 10 $ 1,056,000 $ 105,000 $ 128,000
Franklin County Missouri 10 $ 1,087,000 $ 108,000 $ 24,000
Lincoln County Missouri 10 $ 1,119,000 $ 111,000 $ 50,000
Richland County South Carolina 10 $ 901,000 $ 90,000 $ 64,000
Osceola County Florida 9 $ 1,348,000 $ 149,000 $ 51,000
Antrim County Michigan 9 $ 1,265,000 $ 140,000 $ 108,000
Mecosta County Michigan 9 $ 828,000 $ 92,000 $ 62,000
Guilford County North Carolina 9 $ 1,330,000 $ 147,000 $ 58,000
Gallia County Ohio 9 $ 795,000 $ 88,000 $ 54,000
Manistee County Michigan 8 $ 935,000 $ 116,000 $ 110,000
Roscommon County Michigan 8 $ 1,684,000 $ 210,000 $ 92,000
Stark County Ohio 8 $ 910,000 $ 113,000 $ 72,000
Hillsborough County Florida 7 $ 1,519,000 $ 217,000 $ 131,000
LaPorte County Indiana 7 $ 934,000 $ 133,000 $ 53,000
Hillsdale County Michigan 7 $ 894,000 $ 127,000 $ 63,000
Lenawee County Michigan 7 $ 1,571,000 $ 224,000 $ 119,000
Warren County Ohio 7 $ 1,330,000 $ 190,000 $ 57,000
Mason County Michigan 6 $ 630,000 $ 105,000 $ 78,000
Broward County Florida 5 $ 2,099,000 $ 419,000 $ 236,000
Lake County Florida 5 $ 929,000 $ 185,000 $ 130,000
Pinellas County Florida 5 $ 594,000 $ 118,000 $ 52,000
Clare County Michigan 5 $ 560,000 $ 112,000 $ 44,000
Grand Traverse County Michigan 5 $ 1,268,000 $ 253,000 $ 229,000
Lake County Michigan 5 $ 541,000 $ 108,000 $ 104,000
Clark County Ohio 5 $ 581,000 $ 116,000 $ 62,000
Clermont County Ohio 5 $ 737,000 $ 147,000 $ 62,000
Meigs County Ohio 5 $ 449,000 $ 89,000 $ 43,000
Spartanburg County South Carolina 5 $ 617,000 $ 123,000 $ 71,000
Albemarle County Virginia 5 $ 1,092,000 $ 218,000 $ 63,000
Clay County Florida 4 $ 557,000 $ 139,000 $ 59,000
Highlands County Florida 4 $ 373,000 $ 93,000 $ 2,000
Hendricks County Indiana 4 $ 527,000 $ 131,000 $ 54,000
Jefferson County Indiana 4 $ 193,000 $ 48,000 $ 41,000
Steuben County Indiana 4 $ 377,000 $ 94,000 $ 56,000
Isabella County Michigan 4 $ 411,000 $ 102,000 $ 29,000
Osceola County Michigan 4 $ 471,000 $ 117,000 $ 44,000
Otsego County Michigan 4 $ 372,000 $ 93,000 $ 23,000
Howell County Missouri 4 $ 305,000 $ 76,000 $ 38,000
Forsyth County North Carolina 4 $ 523,000 $ 130,000 $ 55,000
Lexington County South Carolina 4 $ 271,000 $ 67,000 $ 54,000
Greene County Virginia 4 $ 1,062,000 $ 265,000 $ 45,000
Charlotte County Florida 3 $ 932,000 $ 310,000 $ 136,000
Polk County Florida 3 $ 284,000 $ 94,000 $ 38,000
St. Johns County Florida 3 $ 837,000 $ 279,000 $ 179,000
St. Lucie County Florida 3 $ 497,000 $ 165,000 $ 133,000
Ohio County Indiana 3 $ 270,000 $ 90,000 $ 41,000
Boone County Kentucky 3 $ 681,000 $ 227,000 $ 79,000
Alcona County Michigan 3 $ 433,000 $ 144,000 $ 70,000
Arenac County Michigan 3 $ 282,000 $ 94,000 $ 142,000
Benzie County Michigan 3 $ 589,000 $ 196,000 $ 84,000
Crawford County Michigan 3 $ 241,000 $ 80,000 $ 28,000
Gladwin County Michigan 3 $ 432,000 $ 144,000 $ 84,000
Gratiot County Michigan 3 $ 256,000 $ 85,000 $ 49,000
Ogemaw County Michigan 3 $ 436,000 $ 145,000 $ 113,000
Jackson County Missouri 3 $ 164,000 $ 54,000 $ 68,000
Jasper County Missouri 3 $ 355,000 $ 118,000 $ 36,000
Davidson County North Carolina 3 $ 412,000 $ 137,000 $ 43,000
Champaign County Ohio 3 $ 263,000 $ 87,000 $ 58,000
Greene County Ohio 3 $ 308,000 $ 102,000 $ 38,000
Miami County Ohio 3 $ 431,000 $ 143,000 $ 57,000
Trumbull County Ohio 3 $ 408,000 $ 136,000 $ 68,000
Charlottesville County Virginia 3 $ 362,000 $ 120,000 $ 37,000
Outagamie County Wisconsin 3 $ 405,000 $ 135,000 $ 53,000
Hernando County Florida 2 $ 252,000 $ 126,000 $ 0
Lee County Florida 2 $ 583,000 $ 291,000 $ 145,000
Monroe County Florida 2 $ 594,000 $ 297,000 $ 314,000
Palm Beach County Florida 2 $ 329,000 $ 164,000 $ 63,000
Sarasota County Florida 2 $ 480,000 $ 240,000 $ 0
Seminole County Florida 2 $ 586,000 $ 293,000 $ 71,000
Volusia County Florida 2 $ 326,000 $ 163,000 $ 67,000
Decatur County Indiana 2 $ 154,000 $ 77,000 $ 37,000
Delaware County Indiana 2 $ 243,000 $ 121,000 $ 61,000
Kosciusko County Indiana 2 $ 239,000 $ 119,000 $ 64,000
Lake County Indiana 2 $ 234,000 $ 117,000 $ 49,000
Randolph County Indiana 2 $ 147,000 $ 73,000 $ 41,000
Switzerland County Indiana 2 $ 252,000 $ 126,000 $ 55,000
Kenton County Kentucky 2 $ 264,000 $ 132,000 $ 47,000
Leelanau County Michigan 2 $ 701,000 $ 350,000 $ 230,000
Luce County Michigan 2 $ 185,000 $ 92,000 $ 166,000
Presque Isle County Michigan 2 $ 219,000 $ 109,000 $ 57,000
Pettis County Missouri 2 $ 345,000 $ 172,000 $ 45,000
St. Francois County Missouri 2 $ 304,000 $ 152,000 $ 56,000
Alamance County North Carolina 2 $ 197,000 $ 98,000 $ 38,000
Catawba County North Carolina 2 $ 423,000 $ 211,000 $ 57,000
Cumberland County North Carolina 2 $ 183,000 $ 91,000 $ 75,000
Durham County North Carolina 2 $ 329,000 $ 164,000 $ 55,000
Randolph County North Carolina 2 $ 346,000 $ 173,000 $ 53,000
Ashtabula County Ohio 2 $ 386,000 $ 193,000 $ 69,000
Clinton County Ohio 2 $ 333,000 $ 166,000 $ 75,000
Delaware County Ohio 2 $ 271,000 $ 135,000 $ 42,000
Geauga County Ohio 2 $ 376,000 $ 188,000 $ 66,000
Highland County Ohio 2 $ 200,000 $ 100,000 $ 38,000
Lorain County Ohio 2 $ 194,000 $ 97,000 $ 35,000
Mahoning County Ohio 2 $ 79,000 $ 39,000 $ 24,000
Medina County Ohio 2 $ 288,000 $ 144,000 $ 38,000
Muskingum County Ohio 2 $ 171,000 $ 85,000 $ 38,000
Preble County Ohio 2 $ 186,000 $ 93,000 $ 53,000
Shelby County Ohio 2 $ 248,000 $ 124,000 $ 38,000
Wayne County Ohio 2 $ 329,000 $ 164,000 $ 72,000
Wood County Ohio 2 $ 320,000 $ 160,000 $ 77,000
Colleton County South Carolina 2 $ 599,000 $ 299,000 $ 89,000
Georgetown County South Carolina 2 $ 188,000 $ 94,000 $ 40,000
Horry County South Carolina 2 $ 372,000 $ 186,000 $ 46,000
Sumter County South Carolina 2 $ 224,000 $ 112,000 $ 61,000
Buckingham County Virginia 2 $ 261,000 $ 130,000 $ 48,000
Fluvanna County Virginia 2 $ 495,000 $ 247,000 $ 82,000
Louisa County Virginia 2 $ 354,000 $ 177,000 $ 53,000
Alachua County Florida 1 $ 152,000 $ 152,000 $ 60,000
Brevard County Florida 1 $ 202,000 $ 202,000 $ 84,000
Collier County Florida 1 $ 398,000 $ 398,000 $ 162,000
DeSoto County Florida 1 $ 283,000 $ 283,000 $ 0
Manatee County Florida 1 $ 299,000 $ 299,000 $ 173,000
Marion County Florida 1 $ 238,000 $ 238,000 $ 0
Miami-Dade County Florida 1 $ 333,000 $ 333,000 $ 0
Nassau County Florida 1 $ 140,000 $ 140,000 $ 55,000
Okaloosa County Florida 1 $ 250,000 $ 250,000 $ 77,000
Pasco County Florida 1 $ 207,000 $ 207,000 $ 81,000
Putnam County Florida 1 $ 203,000 $ 203,000 $ 94,000
Muscogee County Georgia 1 $ 63,000 $ 63,000 $ 43,000
Dearborn County Indiana 1 $ 147,000 $ 147,000 $ 35,000
DeKalb County Indiana 1 $ 95,000 $ 95,000 $ 46,000
Fayette County Indiana 1 $ 165,000 $ 165,000 $ 77,000
Franklin County Indiana 1 $ 53,000 $ 53,000 $ 27,000
Fulton County Indiana 1 $ 41,000 $ 41,000 $ 12,000
Henry County Indiana 1 $ 102,000 $ 102,000 $ 53,000
Jennings County Indiana 1 $ 123,000 $ 123,000 $ 67,000
Madison County Indiana 1 $ 88,000 $ 88,000 $ 29,000
Morgan County Indiana 1 $ 107,000 $ 107,000 $ 34,000
Porter County Indiana 1 $ 109,000 $ 109,000 $ 64,000
Rush County Indiana 1 $ 59,000 $ 59,000 $ 57,000
Gallatin County Kentucky 1 $ 71,000 $ 71,000 $ 19,000
Grant County Kentucky 1 $ 48,000 $ 48,000 $ 19,000
Jefferson County Kentucky 1 $ 146,000 $ 146,000 $ 127,000
Mercer County Kentucky 1 $ 90,000 $ 90,000 $ 33,000
Warren County Kentucky 1 $ 315,000 $ 315,000 $ 100,000
Baltimore County Maryland 1 $ 236,000 $ 236,000 $ 0
Howard County Maryland 1 $ 268,000 $ 268,000 $ 71,000
Alpena County Michigan 1 $ 52,000 $ 52,000 $ 65,000
Branch County Michigan 1 $ 212,000 $ 212,000 $ 72,000
Chippewa County Michigan 1 $ 96,000 $ 96,000 $ 49,000
Delta County Michigan 1 $ 83,000 $ 83,000 $ 31,000
Kalkaska County Michigan 1 $ 108,000 $ 108,000 $ 30,000
Mackinac County Michigan 1 $ 53,000 $ 53,000 $ 0
Montmorency County Michigan 1 $ 100,000 $ 100,000 $ 24,000
Ontonagon County Michigan 1 $ 58,000 $ 58,000 $ 23,000
Oscoda County Michigan 1 $ 87,000 $ 87,000 $ 35,000
Schoolcraft County Michigan 1 $ 267,000 $ 267,000 $ 234,000
Cass County Missouri 1 $ 99,000 $ 99,000 $ 37,000
Clay County Missouri 1 $ 98,000 $ 98,000 $ 25,000
Greene County Missouri 1 $ 121,000 $ 121,000 $ 33,000
Johnson County Missouri 1 $ 105,000 $ 105,000 $ 39,000
Lawrence County Missouri 1 $ 79,000 $ 79,000 $ 33,000
Miller County Missouri 1 $ 120,000 $ 120,000 $ 134,000
Montgomery County Missouri 1 $ 73,000 $ 73,000 $ 56,000
Morgan County Missouri 1 $ 90,000 $ 90,000 $ 64,000
Newton County Missouri 1 $ 149,000 $ 149,000 $ 75,000
Nodaway County Missouri 1 $ 42,000 $ 42,000 $ 11,000
Ozark County Missouri 1 $ 200,000 $ 200,000 $ 204,000
Pemiscot County Missouri 1 $ 73,000 $ 73,000 $ 38,000
Polk County Missouri 1 $ 121,000 $ 121,000 $ 91,000
Warren County Missouri 1 $ 172,000 $ 172,000 $ 47,000
Washington County Missouri 1 $ 222,000 $ 222,000 $ 92,000
Webster County Missouri 1 $ 79,000 $ 79,000 $ 41,000
Bertie County North Carolina 1 $ 158,000 $ 158,000 $ 71,000
Burke County North Carolina 1 $ 68,000 $ 68,000 $ 21,000
Cabarrus County North Carolina 1 $ 164,000 $ 164,000 $ 0
Gaston County North Carolina 1 $ 99,000 $ 99,000 $ 79,000
Halifax County North Carolina 1 $ 43,000 $ 43,000 $ 31,000
Mecklenburg County North Carolina 1 $ 145,000 $ 145,000 $ 57,000
Rowan County North Carolina 1 $ 118,000 $ 118,000 $ 46,000
Scotland County North Carolina 1 $ 203,000 $ 203,000 $ 61,000
Brown County Ohio 1 $ 67,000 $ 67,000 $ 66,000
Carroll County Ohio 1 $ 95,000 $ 95,000 $ 43,000
Darke County Ohio 1 $ 50,000 $ 50,000 $ 45,000
Henry County Ohio 1 $ 110,000 $ 110,000 $ 190,000
Knox County Ohio 1 $ 145,000 $ 145,000 $ 37,000
Lake County Ohio 1 $ 219,000 $ 219,000 $ 83,000
Morrow County Ohio 1 $ 92,000 $ 92,000 $ 52,000
Ottawa County Ohio 1 $ 88,000 $ 88,000 $ 54,000
Paulding County Ohio 1 $ 70,000 $ 70,000 $ 42,000
Richland County Ohio 1 $ 64,000 $ 64,000 $ 34,000
Sandusky County Ohio 1 $ 73,000 $ 73,000 $ 0
Tuscarawas County Ohio 1 $ 120,000 $ 120,000 $ 55,000
Calhoun County South Carolina 1 $ 79,000 $ 79,000 $ 23,000
Hampton County South Carolina 1 $ 60,000 $ 60,000 $ 22,000
Lee County South Carolina 1 $ 113,000 $ 113,000 $ 50,000
Newberry County South Carolina 1 $ 198,000 $ 198,000 $ 64,000
Orangeburg County South Carolina 1 $ 183,000 $ 183,000 $ 39,000
Claiborne County Tennessee 1 $ 168,000 $ 168,000 $ 63,000
Rutherford County Tennessee 1 $ 157,000 $ 157,000 $ 54,000
Accomack County Virginia 1 $ 200,000 $ 200,000 $ 51,000
Culpeper County Virginia 1 $ 140,000 $ 140,000 $ 43,000
Fairfax County Virginia 1 $ 250,000 $ 250,000 $ 91,000
Richmond County Virginia 1 $ 175,000 $ 175,000 $ 52,000
Spotsylvania County Virginia 1 $ 265,000 $ 265,000 $ 63,000
Brown County Wisconsin 1 $ 140,000 $ 140,000 $ 60,000
Calumet County Wisconsin 1 $ 131,000 $ 131,000 $ 10,000
Marinette County Wisconsin 1 $ 68,000 $ 68,000 $ 118,000
Oconto County Wisconsin 1 $ 600,000 $ 600,000 $ 264,000
Winnebago County Wisconsin 1 $ 92,000 $ 92,000 $ 37,000

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 Heartwell Mortgage Corporation in 2006

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 Purchase 2,415 $298,805,000 $123,000 $2,275,000 $62,000 $6,000,000
Refinancing 2,060 $312,009,000 $151,000 $2,450,000 $72,000 $2,124,000
Home Improvement 3 $215,000 $71,000 $182,000 $51,000 $62,000

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 3,590 $493,798,000 $137,000 $2,450,000 $67,000 $2,124,000
Black or African American 336 $43,939,000 $130,000 $2,275,000 $75,000 $6,000,000
Not Provided 263 $37,197,000 $141,000 $636,000 $58,000 $329,000
Hispanic 240 $29,390,000 $122,000 $1,220,000 $47,000 $432,000
Asian 36 $5,144,000 $142,000 $498,000 $74,000 $318,000
American Indian or Alaskan Native 8 $871,000 $108,000 $199,000 $54,000 $147,000
Native Hawaiian or Other Pacific Islander 5 $690,000 $138,000 $292,000 $51,000 $108,000
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) 3,502 $499,166,000 $142,000 $2,450,000 $72,000 $6,000,000
FHA-insured (Federal Housing Administration) 915 $103,713,000 $113,000 $243,000 $46,000 $186,000
VA-guaranteed (Veterans Administration) 61 $8,150,000 $133,000 $282,000 $51,000 $123,000
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 2,339 $315,374,000 $134,000 $2,450,000 $65,000 $1,000,000
Application Approved But Not Accepted 771 $108,668,000 $140,000 $2,000,000 $67,000 $6,000,000
Application Denied By Financial Institution 726 $101,190,000 $139,000 $2,275,000 $71,000 $2,124,000
Application Withdrawn By Applicant 513 $68,834,000 $134,000 $1,220,000 $65,000 $480,000
Preapproval Denied by Financial Institution 64 $7,150,000 $111,000 $671,000 $42,000 $225,000
Loan Purchased By The Institution 61 $9,225,000 $151,000 $417,000 $79,000 $316,000
File Closed For Incompleteness 4 $588,000 $147,000 $265,000 $67,000 $97,000
Preapproval Approved but not Accepted 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
Credit History 334 $41,087,000 $123,000 $925,000 $60,000 $1,028,000
Other 214 $35,180,000 $164,000 $2,275,000 $105,000 $2,124,000
Debt-To-Income Ratio 155 $19,483,000 $125,000 $338,000 $42,000 $172,000
Collateral 60 $8,873,000 $147,000 $750,000 $58,000 $276,000
Employment History 13 $1,397,000 $107,000 $168,000 $60,000 $120,000
Insufficient Cash (Downpayment, Closing Cost) 4 $1,102,000 $275,000 $743,000 $159,000 $600,000
Unverifiable Information 4 $630,000 $157,000 $192,000 $49,000 $70,000
Credit Application Incomplete 0 $0 $0 $0 $0 $0
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