Independent Bank
Mortgage Loan Application
Totals and Details
for 2017
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 Independent 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 | Independent Bank 4200 East Beltline Grand Rapids, MI 49525 Tel #: available with data download |
| Federal Regulator | * available with data download |
| Years | 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 |
| Total Number of Mortgage Applications | 5,876 |
| Total Mortgage Loan Application Amount | $1,071,593,000 |
| Average Mortgage Loan Application Amount | $152,333 |
| Highest Mortgage Loan Application Amount | $7,575,000 |
| Average Applicant Income | $110,333 |
| Highest Applicant Income | $4,920,000 |
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 |
|---|---|---|---|---|
| Kent County Michigan | 756 | $ 122,869,000 | $ 162,000 | $ 93,000 |
| Oakland County Michigan | 510 | $ 170,202,000 | $ 333,000 | $ 199,000 |
| Franklin County Ohio | 504 | $ 99,697,000 | $ 197,000 | $ 136,000 |
| Wayne County Michigan | 448 | $ 84,847,000 | $ 189,000 | $ 129,000 |
| Ionia County Michigan | 237 | $ 23,137,000 | $ 97,000 | $ 65,000 |
| Ingham County Michigan | 216 | $ 27,863,000 | $ 128,000 | $ 83,000 |
| Newaygo County Michigan | 184 | $ 16,640,000 | $ 90,000 | $ 67,000 |
| Eaton County Michigan | 182 | $ 18,395,000 | $ 101,000 | $ 71,000 |
| Macomb County Michigan | 176 | $ 33,234,000 | $ 188,000 | $ 102,000 |
| Saginaw County Michigan | 170 | $ 16,888,000 | $ 99,000 | $ 75,000 |
| Washtenaw County Michigan | 169 | $ 43,558,000 | $ 257,000 | $ 153,000 |
| Summit County Ohio | 152 | $ 32,387,000 | $ 213,000 | $ 164,000 |
| Livingston County Michigan | 144 | $ 35,171,000 | $ 244,000 | $ 141,000 |
| Delaware County Ohio | 144 | $ 42,343,000 | $ 294,000 | $ 225,000 |
| Bay County Michigan | 142 | $ 16,105,000 | $ 113,000 | $ 64,000 |
| Ottawa County Michigan | 141 | $ 26,375,000 | $ 187,000 | $ 106,000 |
| Montcalm County Michigan | 126 | $ 11,846,000 | $ 94,000 | $ 68,000 |
| Muskegon County Michigan | 92 | $ 14,527,000 | $ 157,000 | $ 97,000 |
| Mecosta County Michigan | 90 | $ 8,055,000 | $ 89,000 | $ 74,000 |
| Tuscola County Michigan | 63 | $ 3,404,000 | $ 54,000 | $ 56,000 |
| Kalamazoo County Michigan | 58 | $ 9,313,000 | $ 160,000 | $ 86,000 |
| Genesee County Michigan | 53 | $ 12,163,000 | $ 229,000 | $ 134,000 |
| Jackson County Michigan | 53 | $ 6,064,000 | $ 114,000 | $ 71,000 |
| Midland County Michigan | 53 | $ 6,406,000 | $ 120,000 | $ 78,000 |
| Huron County Michigan | 51 | $ 3,099,000 | $ 60,000 | $ 68,000 |
| Lapeer County Michigan | 46 | $ 5,949,000 | $ 129,000 | $ 101,000 |
| Grand Traverse County Michigan | 41 | $ 10,107,000 | $ 246,000 | $ 139,000 |
| Clinton County Michigan | 39 | $ 6,337,000 | $ 162,000 | $ 96,000 |
| Cuyahoga County Ohio | 37 | $ 7,062,000 | $ 190,000 | $ 108,000 |
| Barry County Michigan | 36 | $ 5,778,000 | $ 160,000 | $ 96,000 |
| Berrien County Michigan | 36 | $ 8,536,000 | $ 237,000 | $ 272,000 |
| Wexford County Michigan | 32 | $ 5,093,000 | $ 159,000 | $ 115,000 |
| Isabella County Michigan | 30 | $ 3,168,000 | $ 105,000 | $ 92,000 |
| Medina County Ohio | 29 | $ 6,866,000 | $ 236,000 | $ 172,000 |
| Osceola County Michigan | 27 | $ 2,943,000 | $ 109,000 | $ 70,000 |
| Allegan County Michigan | 26 | $ 5,620,000 | $ 216,000 | $ 83,000 |
| Charlevoix County Michigan | 25 | $ 7,247,000 | $ 289,000 | $ 244,000 |
| Licking County Ohio | 25 | $ 6,200,000 | $ 248,000 | $ 134,000 |
| Stark County Ohio | 24 | $ 6,476,000 | $ 269,000 | $ 173,000 |
| Arenac County Michigan | 23 | $ 1,772,000 | $ 77,000 | $ 81,000 |
| Union County Ohio | 23 | $ 7,569,000 | $ 329,000 | $ 185,000 |
| Lake County Michigan | 21 | $ 2,453,000 | $ 116,000 | $ 119,000 |
| Sanilac County Michigan | 21 | $ 1,251,000 | $ 59,000 | $ 59,000 |
| Antrim County Michigan | 20 | $ 6,430,000 | $ 321,000 | $ 213,000 |
| Calhoun County Michigan | 19 | $ 2,551,000 | $ 134,000 | $ 73,000 |
| Missaukee County Michigan | 18 | $ 1,947,000 | $ 108,000 | $ 55,000 |
| Gladwin County Michigan | 14 | $ 1,221,000 | $ 87,000 | $ 89,000 |
| Roscommon County Michigan | 14 | $ 1,694,000 | $ 121,000 | $ 98,000 |
| Leelanau County Michigan | 13 | $ 5,128,000 | $ 394,000 | $ 369,000 |
| Fairfield County Ohio | 13 | $ 2,585,000 | $ 198,000 | $ 132,000 |
| Van Buren County Michigan | 12 | $ 2,130,000 | $ 177,000 | $ 143,000 |
| Gratiot County Michigan | 11 | $ 842,000 | $ 76,000 | $ 46,000 |
| Lenawee County Michigan | 11 | $ 9,097,000 | $ 827,000 | $ 113,000 |
| Oceana County Michigan | 11 | $ 1,090,000 | $ 99,000 | $ 69,000 |
| Ogemaw County Michigan | 11 | $ 1,348,000 | $ 122,000 | $ 117,000 |
| Shiawassee County Michigan | 11 | $ 1,942,000 | $ 176,000 | $ 98,000 |
| Clare County Michigan | 10 | $ 830,000 | $ 83,000 | $ 77,000 |
| Wayne County Ohio | 10 | $ 2,245,000 | $ 224,000 | $ 138,000 |
| Benzie County Michigan | 9 | $ 1,502,000 | $ 166,000 | $ 193,000 |
| Crawford County Michigan | 9 | $ 1,112,000 | $ 123,000 | $ 73,000 |
| Mason County Michigan | 9 | $ 1,255,000 | $ 139,000 | $ 135,000 |
| Otsego County Michigan | 9 | $ 726,000 | $ 80,000 | $ 70,000 |
| Alcona County Michigan | 8 | $ 1,072,000 | $ 134,000 | $ 110,000 |
| Monroe County Michigan | 8 | $ 1,202,000 | $ 150,000 | $ 69,000 |
| Portage County Ohio | 8 | $ 1,622,000 | $ 202,000 | $ 109,000 |
| Collier County Florida | 7 | $ 3,508,000 | $ 501,000 | $ 290,000 |
| Kalkaska County Michigan | 7 | $ 628,000 | $ 89,000 | $ 74,000 |
| Cass County Michigan | 6 | $ 1,069,000 | $ 178,000 | $ 125,000 |
| Emmet County Michigan | 6 | $ 2,081,000 | $ 346,000 | $ 337,000 |
| Iosco County Michigan | 6 | $ 521,000 | $ 86,000 | $ 70,000 |
| Madison County Ohio | 6 | $ 1,537,000 | $ 256,000 | $ 134,000 |
| Broward County Florida | 5 | $ 1,497,000 | $ 299,000 | $ 172,000 |
| Montmorency County Michigan | 5 | $ 223,000 | $ 44,000 | $ 54,000 |
| St. Joseph County Michigan | 5 | $ 919,000 | $ 183,000 | $ 97,000 |
| Pickaway County Ohio | 5 | $ 1,577,000 | $ 315,000 | $ 154,000 |
| Charlotte County Florida | 4 | $ 523,000 | $ 130,000 | $ 111,000 |
| Lee County Florida | 4 | $ 1,118,000 | $ 279,000 | $ 155,000 |
| Alpena County Michigan | 4 | $ 355,000 | $ 88,000 | $ 79,000 |
| Manistee County Michigan | 4 | $ 718,000 | $ 179,000 | $ 133,000 |
| St. Clair County Michigan | 4 | $ 1,671,000 | $ 417,000 | $ 486,000 |
| Geauga County Ohio | 4 | $ 1,130,000 | $ 282,000 | $ 166,000 |
| Knox County Ohio | 4 | $ 658,000 | $ 164,000 | $ 63,000 |
| Lorain County Ohio | 4 | $ 951,000 | $ 237,000 | $ 139,000 |
| Lucas County Ohio | 4 | $ 650,000 | $ 162,000 | $ 110,000 |
| Mahoning County Ohio | 4 | $ 368,000 | $ 92,000 | $ 117,000 |
| Palm Beach County Florida | 3 | $ 1,047,000 | $ 349,000 | $ 176,000 |
| LaPorte County Indiana | 3 | $ 416,000 | $ 138,000 | $ 78,000 |
| Marion County Ohio | 3 | $ 654,000 | $ 218,000 | $ 134,000 |
| Miami County Ohio | 3 | $ 490,000 | $ 163,000 | $ 133,000 |
| Duval County Florida | 2 | $ 182,000 | $ 91,000 | $ 35,000 |
| Pasco County Florida | 2 | $ 183,000 | $ 91,000 | $ 21,000 |
| Cheboygan County Michigan | 2 | $ 891,000 | $ 445,000 | $ 255,000 |
| Chippewa County Michigan | 2 | $ 54,000 | $ 27,000 | $ 68,000 |
| Mackinac County Michigan | 2 | $ 373,000 | $ 186,000 | $ 362,000 |
| Davidson County North Carolina | 2 | $ 376,000 | $ 188,000 | $ 67,000 |
| Ashland County Ohio | 2 | $ 109,000 | $ 54,000 | $ 55,000 |
| Hamilton County Ohio | 2 | $ 235,000 | $ 117,000 | $ 145,000 |
| Hocking County Ohio | 2 | $ 450,000 | $ 225,000 | $ 202,000 |
| Morrow County Ohio | 2 | $ 452,000 | $ 226,000 | $ 93,000 |
| Perry County Ohio | 2 | $ 471,000 | $ 235,000 | $ 174,000 |
| Warren County Ohio | 2 | $ 146,000 | $ 73,000 | $ 71,000 |
| Colbert County Alabama | 1 | $ 2,000 | $ 2,000 | $ 69,000 |
| Hernando County Florida | 1 | $ 152,000 | $ 152,000 | $ 43,000 |
| Highlands County Florida | 1 | $ 161,000 | $ 161,000 | $ 90,000 |
| Lake County Florida | 1 | $ 90,000 | $ 90,000 | $ 53,000 |
| Leon County Florida | 1 | $ 188,000 | $ 188,000 | $ 81,000 |
| Manatee County Florida | 1 | $ 200,000 | $ 200,000 | $ 190,000 |
| Marion County Florida | 1 | $ 67,000 | $ 67,000 | $ 59,000 |
| Martin County Florida | 1 | $ 1,607,000 | $ 1,607,000 | $ 2,890,000 |
| Pinellas County Florida | 1 | $ 90,000 | $ 90,000 | $ 206,000 |
| Polk County Florida | 1 | $ 194,000 | $ 194,000 | $ 145,000 |
| Sarasota County Florida | 1 | $ 198,000 | $ 198,000 | $ 177,000 |
| Cook County Illinois | 1 | $ 256,000 | $ 256,000 | $ 97,000 |
| DuPage County Illinois | 1 | $ 1,944,000 | $ 1,944,000 | $ 620,000 |
| Marion County Indiana | 1 | $ 990,000 | $ 990,000 | $ 589,000 |
| Shelby County Indiana | 1 | $ 115,000 | $ 115,000 | $ 48,000 |
| St. Joseph County Indiana | 1 | $ 190,000 | $ 190,000 | $ 167,000 |
| Marquette County Michigan | 1 | $ 243,000 | $ 243,000 | $ 93,000 |
| Presque Isle County Michigan | 1 | $ 50,000 | $ 50,000 | $ 33,000 |
| Henderson County North Carolina | 1 | $ 362,000 | $ 362,000 | $ 145,000 |
| New Hanover County North Carolina | 1 | $ 316,000 | $ 316,000 | $ 189,000 |
| Rowan County North Carolina | 1 | $ 172,000 | $ 172,000 | $ 67,000 |
| Athens County Ohio | 1 | $ 78,000 | $ 78,000 | $ 159,000 |
| Butler County Ohio | 1 | $ 320,000 | $ 320,000 | $ 150,000 |
| Columbiana County Ohio | 1 | $ 44,000 | $ 44,000 | $ 62,000 |
| Erie County Ohio | 1 | $ 125,000 | $ 125,000 | $ 89,000 |
| Greene County Ohio | 1 | $ 97,000 | $ 97,000 | $ 26,000 |
| Lake County Ohio | 1 | $ 216,000 | $ 216,000 | $ 113,000 |
| Noble County Ohio | 1 | $ 112,000 | $ 112,000 | $ 98,000 |
| Shelby County Ohio | 1 | $ 197,000 | $ 197,000 | $ 82,000 |
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 Independent Bank in 2017
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 | 4,211 | $847,965,000 | $201,000 | $7,575,000 | $122,000 | $4,920,000 |
| Refinancing | 911 | $175,334,000 | $192,000 | $2,480,000 | $131,000 | $3,948,000 |
| Home Improvement | 754 | $48,294,000 | $64,000 | $1,300,000 | $78,000 | $864,000 |
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 | 4,898 | $883,088,000 | $180,000 | $2,565,000 | $116,000 | $4,920,000 |
| Not Provided | 525 | $90,899,000 | $173,000 | $1,165,000 | $140,000 | $3,948,000 |
| Hispanic | 147 | $19,978,000 | $135,000 | $1,710,000 | $82,000 | $437,000 |
| Asian | 144 | $39,666,000 | $275,000 | $2,875,000 | $184,000 | $1,161,000 |
| Black or African American | 123 | $19,227,000 | $156,000 | $2,380,000 | $100,000 | $1,216,000 |
| Not applicable | 25 | $16,367,000 | $654,000 | $7,575,000 | $0 | $0 |
| American Indian or Alaskan Native | 11 | $1,598,000 | $145,000 | $231,000 | $72,000 | $115,000 |
| Native Hawaiian or Other Pacific Islander | 3 | $770,000 | $256,000 | $596,000 | $273,000 | $275,000 |
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) | 5,261 | $990,877,000 | $188,000 | $7,575,000 | $126,000 | $4,920,000 |
| FHA-insured (Federal Housing Administration) | 406 | $51,768,000 | $127,000 | $294,000 | $56,000 | $456,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) | 114 | $13,738,000 | $120,000 | $298,000 | $44,000 | $90,000 |
| VA-guaranteed (Veterans Administration) | 95 | $15,210,000 | $160,000 | $420,000 | $61,000 | $180,000 |
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 | 4,641 | $873,284,000 | $188,000 | $7,575,000 | $119,000 | $2,688,000 |
| Application Withdrawn By Applicant | 700 | $125,042,000 | $178,000 | $1,360,000 | $131,000 | $4,920,000 |
| Application Denied By Financial Institution | 411 | $51,344,000 | $124,000 | $2,875,000 | $90,000 | $2,890,000 |
| File Closed For Incompleteness | 69 | $13,682,000 | $198,000 | $1,000,000 | $114,000 | $536,000 |
| Application Approved But Not Accepted | 40 | $6,831,000 | $170,000 | $1,205,000 | $112,000 | $541,000 |
| Loan Purchased By The Institution | 15 | $1,410,000 | $94,000 | $259,000 | $0 | $0 |
| 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 |
|---|---|---|---|---|---|---|
| Collateral | 0 | $0 | $0 | $0 | $0 | $0 |
| Credit Application Incomplete | 0 | $0 | $0 | $0 | $0 | $0 |
| Credit History | 0 | $0 | $0 | $0 | $0 | $0 |
| Debt-To-Income Ratio | 0 | $0 | $0 | $0 | $0 | $0 |
| Employment History | 0 | $0 | $0 | $0 | $0 | $0 |
| Insufficient Cash (Downpayment, Closing Cost) | 0 | $0 | $0 | $0 | $0 | $0 |
| Mortgage Insurance Denied | 0 | $0 | $0 | $0 | $0 | $0 |
| Other | 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.