Home Point Financial Corporation
Mortgage Loan Application
Totals and Details
for 2018
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 Home Point Financial 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 | Home Point Financial Corporation 1194 Oak Valley Drive, Suite 80 Ann Arbor, MI 48108 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 |
| Total Number of Mortgage Applications | 58,154 |
| Total Mortgage Loan Application Amount | $15,055,720,000 |
| Average Mortgage Loan Application Amount | $251,333 |
| Highest Mortgage Loan Application Amount | $1,765,000 |
| Average Applicant Income | $82,500 |
| Highest Applicant Income | $2,576,000 |
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 |
|---|---|---|---|---|
| Thayer County Nebraska | 1 | $ 155,000 | $ 155,000 | $ 0 |
| Valley County Nebraska | 1 | $ 95,000 | $ 95,000 | $ 42,000 |
| Wayne County Nebraska | 1 | $ 165,000 | $ 165,000 | $ 340,000 |
| Carson City County Nevada | 1 | $ 495,000 | $ 495,000 | $ 179,000 |
| Curry County New Mexico | 1 | $ 185,000 | $ 185,000 | $ 0 |
| Los Alamos County New Mexico | 1 | $ 475,000 | $ 475,000 | $ 0 |
| Socorro County New Mexico | 1 | $ 145,000 | $ 145,000 | $ 95,000 |
| Cattaraugus County New York | 1 | $ 175,000 | $ 175,000 | $ 111,000 |
| Delaware County New York | 1 | $ 185,000 | $ 185,000 | $ 0 |
| Genesee County New York | 1 | $ 175,000 | $ 175,000 | $ 107,000 |
| Hamilton County New York | 1 | $ 175,000 | $ 175,000 | $ 289,000 |
| Seneca County New York | 1 | $ 115,000 | $ 115,000 | $ 99,000 |
| St. Lawrence County New York | 1 | $ 95,000 | $ 95,000 | $ 40,000 |
| Wayne County New York | 1 | $ 285,000 | $ 285,000 | $ 141,000 |
| Wyoming County New York | 1 | $ 145,000 | $ 145,000 | $ 33,000 |
| Alleghany County North Carolina | 1 | $ 75,000 | $ 75,000 | $ 0 |
| Camden County North Carolina | 1 | $ 135,000 | $ 135,000 | $ 32,000 |
| Chowan County North Carolina | 1 | $ 225,000 | $ 225,000 | $ 41,000 |
| Clay County North Carolina | 1 | $ 205,000 | $ 205,000 | $ 0 |
| Macon County North Carolina | 1 | $ 205,000 | $ 205,000 | $ 85,000 |
| Madison County North Carolina | 1 | $ 95,000 | $ 95,000 | $ 30,000 |
| Pamlico County North Carolina | 1 | $ 195,000 | $ 195,000 | $ 43,000 |
| Scotland County North Carolina | 1 | $ 85,000 | $ 85,000 | $ 41,000 |
| Bottineau County North Dakota | 1 | $ 135,000 | $ 135,000 | $ 0 |
| Eddy County North Dakota | 1 | $ 95,000 | $ 95,000 | $ 0 |
| Golden Valley County North Dakota | 1 | $ 95,000 | $ 95,000 | $ 0 |
| Grant County North Dakota | 1 | $ 345,000 | $ 345,000 | $ 195,000 |
| Griggs County North Dakota | 1 | $ 145,000 | $ 145,000 | $ 0 |
| McLean County North Dakota | 1 | $ 205,000 | $ 205,000 | $ 0 |
| Mountrail County North Dakota | 1 | $ 315,000 | $ 315,000 | $ 93,000 |
| Oliver County North Dakota | 1 | $ 105,000 | $ 105,000 | $ 0 |
| Wells County North Dakota | 1 | $ 125,000 | $ 125,000 | $ 43,000 |
| Auglaize County Ohio | 1 | $ 85,000 | $ 85,000 | $ 73,000 |
| Defiance County Ohio | 1 | $ 85,000 | $ 85,000 | $ 69,000 |
| Fulton County Ohio | 1 | $ 215,000 | $ 215,000 | $ 0 |
| Harrison County Ohio | 1 | $ 145,000 | $ 145,000 | $ 49,000 |
| Henry County Ohio | 1 | $ 115,000 | $ 115,000 | $ 32,000 |
| Jackson County Ohio | 1 | $ 145,000 | $ 145,000 | $ 0 |
| Pike County Ohio | 1 | $ 145,000 | $ 145,000 | $ 24,000 |
| Putnam County Ohio | 1 | $ 65,000 | $ 65,000 | $ 38,000 |
| Shelby County Ohio | 1 | $ 235,000 | $ 235,000 | $ 0 |
| Williams County Ohio | 1 | $ 75,000 | $ 75,000 | $ 27,000 |
| Atoka County Oklahoma | 1 | $ 135,000 | $ 135,000 | $ 0 |
| Beckham County Oklahoma | 1 | $ 85,000 | $ 85,000 | $ 32,000 |
| Caddo County Oklahoma | 1 | $ 125,000 | $ 125,000 | $ 55,000 |
| Cherokee County Oklahoma | 1 | $ 145,000 | $ 145,000 | $ 0 |
| Cimarron County Oklahoma | 1 | $ 115,000 | $ 115,000 | $ 42,000 |
| Custer County Oklahoma | 1 | $ 265,000 | $ 265,000 | $ 108,000 |
| Garfield County Oklahoma | 1 | $ 105,000 | $ 105,000 | $ 103,000 |
| Garvin County Oklahoma | 1 | $ 375,000 | $ 375,000 | $ 88,000 |
| Jefferson County Oklahoma | 1 | $ 115,000 | $ 115,000 | $ 0 |
| Le Flore County Oklahoma | 1 | $ 225,000 | $ 225,000 | $ 0 |
| Murray County Oklahoma | 1 | $ 145,000 | $ 145,000 | $ 116,000 |
| Ottawa County Oklahoma | 1 | $ 45,000 | $ 45,000 | $ 36,000 |
| Payne County Oklahoma | 1 | $ 165,000 | $ 165,000 | $ 45,000 |
| Seminole County Oklahoma | 1 | $ 145,000 | $ 145,000 | $ 0 |
| Woodward County Oklahoma | 1 | $ 75,000 | $ 75,000 | $ 0 |
| Baker County Oregon | 1 | $ 205,000 | $ 205,000 | $ 22,000 |
| Harney County Oregon | 1 | $ 115,000 | $ 115,000 | $ 115,000 |
| Tillamook County Oregon | 1 | $ 355,000 | $ 355,000 | $ 0 |
| Wallowa County Oregon | 1 | $ 155,000 | $ 155,000 | $ 0 |
| Bradford County Pennsylvania | 1 | $ 115,000 | $ 115,000 | $ 52,000 |
| Crawford County Pennsylvania | 1 | $ 65,000 | $ 65,000 | $ 0 |
| Elk County Pennsylvania | 1 | $ 95,000 | $ 95,000 | $ 35,000 |
| Jefferson County Pennsylvania | 1 | $ 75,000 | $ 75,000 | $ 14,000 |
| McKean County Pennsylvania | 1 | $ 95,000 | $ 95,000 | $ 50,000 |
| Montour County Pennsylvania | 1 | $ 155,000 | $ 155,000 | $ 39,000 |
| Susquehanna County Pennsylvania | 1 | $ 75,000 | $ 75,000 | $ 31,000 |
| Warren County Pennsylvania | 1 | $ 75,000 | $ 75,000 | $ 28,000 |
| Chester County South Carolina | 1 | $ 145,000 | $ 145,000 | $ 55,000 |
| Fairfield County South Carolina | 1 | $ 425,000 | $ 425,000 | $ 0 |
| Jasper County South Carolina | 1 | $ 175,000 | $ 175,000 | $ 45,000 |
| Marion County South Carolina | 1 | $ 65,000 | $ 65,000 | $ 28,000 |
| Newberry County South Carolina | 1 | $ 225,000 | $ 225,000 | $ 47,000 |
| Davison County South Dakota | 1 | $ 105,000 | $ 105,000 | $ 37,000 |
| Day County South Dakota | 1 | $ 175,000 | $ 175,000 | $ 0 |
| Deuel County South Dakota | 1 | $ 85,000 | $ 85,000 | $ 83,000 |
| Edmunds County South Dakota | 1 | $ 255,000 | $ 255,000 | $ 152,000 |
| Grant County South Dakota | 1 | $ 285,000 | $ 285,000 | $ 102,000 |
| Lake County South Dakota | 1 | $ 135,000 | $ 135,000 | $ 70,000 |
| Marshall County South Dakota | 1 | $ 345,000 | $ 345,000 | $ 108,000 |
| McCook County South Dakota | 1 | $ 65,000 | $ 65,000 | $ 0 |
| Moody County South Dakota | 1 | $ 115,000 | $ 115,000 | $ 0 |
| Roberts County South Dakota | 1 | $ 95,000 | $ 95,000 | $ 38,000 |
| Turner County South Dakota | 1 | $ 145,000 | $ 145,000 | $ 54,000 |
| Walworth County South Dakota | 1 | $ 175,000 | $ 175,000 | $ 0 |
| Bledsoe County Tennessee | 1 | $ 95,000 | $ 95,000 | $ 52,000 |
| Campbell County Tennessee | 1 | $ 115,000 | $ 115,000 | $ 0 |
| Carroll County Tennessee | 1 | $ 105,000 | $ 105,000 | $ 49,000 |
| Decatur County Tennessee | 1 | $ 165,000 | $ 165,000 | $ 95,000 |
| Hardeman County Tennessee | 1 | $ 95,000 | $ 95,000 | $ 0 |
| Henderson County Tennessee | 1 | $ 85,000 | $ 85,000 | $ 62,000 |
| Marion County Tennessee | 1 | $ 265,000 | $ 265,000 | $ 0 |
| McNairy County Tennessee | 1 | $ 165,000 | $ 165,000 | $ 110,000 |
| Scott County Tennessee | 1 | $ 235,000 | $ 235,000 | $ 71,000 |
| Weakley County Tennessee | 1 | $ 255,000 | $ 255,000 | $ 133,000 |
| White County Tennessee | 1 | $ 175,000 | $ 175,000 | $ 0 |
| Anderson County Texas | 1 | $ 245,000 | $ 245,000 | $ 0 |
| Andrews County Texas | 1 | $ 165,000 | $ 165,000 | $ 97,000 |
| Austin County Texas | 1 | $ 275,000 | $ 275,000 | $ 165,000 |
| Baylor County Texas | 1 | $ 75,000 | $ 75,000 | $ 95,000 |
| Brewster County Texas | 1 | $ 155,000 | $ 155,000 | $ 28,000 |
| Brooks County Texas | 1 | $ 155,000 | $ 155,000 | $ 45,000 |
| Caldwell County Texas | 1 | $ 135,000 | $ 135,000 | $ 78,000 |
| Callahan County Texas | 1 | $ 185,000 | $ 185,000 | $ 105,000 |
| Cherokee County Texas | 1 | $ 135,000 | $ 135,000 | $ 0 |
| Dallam County Texas | 1 | $ 75,000 | $ 75,000 | $ 79,000 |
| Delta County Texas | 1 | $ 65,000 | $ 65,000 | $ 65,000 |
| Donley County Texas | 1 | $ 135,000 | $ 135,000 | $ 61,000 |
| Falls County Texas | 1 | $ 165,000 | $ 165,000 | $ 69,000 |
| Fayette County Texas | 1 | $ 135,000 | $ 135,000 | $ 44,000 |
| Frio County Texas | 1 | $ 335,000 | $ 335,000 | $ 59,000 |
| Gonzales County Texas | 1 | $ 135,000 | $ 135,000 | $ 47,000 |
| Gregg County Texas | 1 | $ 195,000 | $ 195,000 | $ 0 |
| Haskell County Texas | 1 | $ 95,000 | $ 95,000 | $ 52,000 |
| Hopkins County Texas | 1 | $ 85,000 | $ 85,000 | $ 43,000 |
| Hudspeth County Texas | 1 | $ 155,000 | $ 155,000 | $ 0 |
| Jackson County Texas | 1 | $ 205,000 | $ 205,000 | $ 0 |
| Leon County Texas | 1 | $ 175,000 | $ 175,000 | $ 118,000 |
| Lynn County Texas | 1 | $ 205,000 | $ 205,000 | $ 116,000 |
| Madison County Texas | 1 | $ 205,000 | $ 205,000 | $ 104,000 |
| Mason County Texas | 1 | $ 165,000 | $ 165,000 | $ 100,000 |
| Matagorda County Texas | 1 | $ 85,000 | $ 85,000 | $ 34,000 |
| Morris County Texas | 1 | $ 95,000 | $ 95,000 | $ 62,000 |
| Nolan County Texas | 1 | $ 205,000 | $ 205,000 | $ 85,000 |
| Palo Pinto County Texas | 1 | $ 205,000 | $ 205,000 | $ 82,000 |
| Panola County Texas | 1 | $ 235,000 | $ 235,000 | $ 65,000 |
| Robertson County Texas | 1 | $ 235,000 | $ 235,000 | $ 58,000 |
| Runnels County Texas | 1 | $ 75,000 | $ 75,000 | $ 49,000 |
| Rusk County Texas | 1 | $ 165,000 | $ 165,000 | $ 57,000 |
| Sabine County Texas | 1 | $ 285,000 | $ 285,000 | $ 119,000 |
| San Augustine County Texas | 1 | $ 85,000 | $ 85,000 | $ 30,000 |
| San Jacinto County Texas | 1 | $ 105,000 | $ 105,000 | $ 50,000 |
| Shelby County Texas | 1 | $ 205,000 | $ 205,000 | $ 74,000 |
| Starr County Texas | 1 | $ 175,000 | $ 175,000 | $ 0 |
| Trinity County Texas | 1 | $ 205,000 | $ 205,000 | $ 0 |
| Upshur County Texas | 1 | $ 215,000 | $ 215,000 | $ 52,000 |
| Wheeler County Texas | 1 | $ 85,000 | $ 85,000 | $ 42,000 |
| Willacy County Texas | 1 | $ 65,000 | $ 65,000 | $ 97,000 |
| Wood County Texas | 1 | $ 195,000 | $ 195,000 | $ 116,000 |
| Young County Texas | 1 | $ 85,000 | $ 85,000 | $ 66,000 |
| Emery County Utah | 1 | $ 135,000 | $ 135,000 | $ 0 |
| Kane County Utah | 1 | $ 135,000 | $ 135,000 | $ 94,000 |
| San Juan County Utah | 1 | $ 145,000 | $ 145,000 | $ 45,000 |
| Sanpete County Utah | 1 | $ 295,000 | $ 295,000 | $ 86,000 |
| Tooele County Utah | 1 | $ 265,000 | $ 265,000 | $ 64,000 |
| Wasatch County Utah | 1 | $ 445,000 | $ 445,000 | $ 137,000 |
| Addison County Vermont | 1 | $ 185,000 | $ 185,000 | $ 0 |
| Essex County Vermont | 1 | $ 135,000 | $ 135,000 | $ 48,000 |
| Lamoille County Vermont | 1 | $ 205,000 | $ 205,000 | $ 79,000 |
| Orleans County Vermont | 1 | $ 285,000 | $ 285,000 | $ 0 |
| Rutland County Vermont | 1 | $ 105,000 | $ 105,000 | $ 0 |
| Amelia County Virginia | 1 | $ 365,000 | $ 365,000 | $ 114,000 |
| Bath County Virginia | 1 | $ 95,000 | $ 95,000 | $ 76,000 |
| Buchanan County Virginia | 1 | $ 175,000 | $ 175,000 | $ 52,000 |
| Charles City County Virginia | 1 | $ 185,000 | $ 185,000 | $ 61,000 |
| Colonial Heights County Virginia | 1 | $ 125,000 | $ 125,000 | $ 0 |
| Grayson County Virginia | 1 | $ 215,000 | $ 215,000 | $ 74,000 |
| Hopewell County Virginia | 1 | $ 125,000 | $ 125,000 | $ 44,000 |
| Madison County Virginia | 1 | $ 305,000 | $ 305,000 | $ 208,000 |
| Mathews County Virginia | 1 | $ 135,000 | $ 135,000 | $ 46,000 |
| New Kent County Virginia | 1 | $ 205,000 | $ 205,000 | $ 79,000 |
| Northampton County Virginia | 1 | $ 315,000 | $ 315,000 | $ 191,000 |
| Nottoway County Virginia | 1 | $ 95,000 | $ 95,000 | $ 35,000 |
| Poquoson County Virginia | 1 | $ 185,000 | $ 185,000 | $ 75,000 |
| Prince Edward County Virginia | 1 | $ 195,000 | $ 195,000 | $ 94,000 |
| Richmond County Virginia | 1 | $ 105,000 | $ 105,000 | $ 38,000 |
| Tazewell County Virginia | 1 | $ 135,000 | $ 135,000 | $ 31,000 |
| Jefferson County Washington | 1 | $ 255,000 | $ 255,000 | $ 56,000 |
| Lincoln County Washington | 1 | $ 305,000 | $ 305,000 | $ 174,000 |
| Skamania County Washington | 1 | $ 365,000 | $ 365,000 | $ 0 |
| Boone County West Virginia | 1 | $ 55,000 | $ 55,000 | $ 17,000 |
| Brooke County West Virginia | 1 | $ 95,000 | $ 95,000 | $ 0 |
| Calhoun County West Virginia | 1 | $ 75,000 | $ 75,000 | $ 77,000 |
| Fayette County West Virginia | 1 | $ 175,000 | $ 175,000 | $ 28,000 |
| Hardy County West Virginia | 1 | $ 95,000 | $ 95,000 | $ 30,000 |
| Logan County West Virginia | 1 | $ 85,000 | $ 85,000 | $ 0 |
| Mineral County West Virginia | 1 | $ 85,000 | $ 85,000 | $ 26,000 |
| Monroe County West Virginia | 1 | $ 115,000 | $ 115,000 | $ 38,000 |
| Ohio County West Virginia | 1 | $ 95,000 | $ 95,000 | $ 65,000 |
| Putnam County West Virginia | 1 | $ 65,000 | $ 65,000 | $ 0 |
| Summers County West Virginia | 1 | $ 65,000 | $ 65,000 | $ 39,000 |
| Taylor County West Virginia | 1 | $ 285,000 | $ 285,000 | $ 66,000 |
| Tyler County West Virginia | 1 | $ 75,000 | $ 75,000 | $ 31,000 |
| Upshur County West Virginia | 1 | $ 155,000 | $ 155,000 | $ 65,000 |
| Wayne County West Virginia | 1 | $ 55,000 | $ 55,000 | $ 30,000 |
| Wirt County West Virginia | 1 | $ 65,000 | $ 65,000 | $ 24,000 |
| Pepin County Wisconsin | 1 | $ 95,000 | $ 95,000 | $ 36,000 |
| Price County Wisconsin | 1 | $ 65,000 | $ 65,000 | $ 59,000 |
| Vernon County Wisconsin | 1 | $ 85,000 | $ 85,000 | $ 30,000 |
| Johnson County Wyoming | 1 | $ 155,000 | $ 155,000 | $ 0 |
| Lincoln County Wyoming | 1 | $ 275,000 | $ 275,000 | $ 0 |
| Uinta County Wyoming | 1 | $ 135,000 | $ 135,000 | $ 42,000 |
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 Home Point Financial Corporation in 2018
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 | 36,546 | $9,157,210,000 | $250,000 | $1,765,000 | $90,000 | $2,394,000 |
| Cash-out Refinancing | 11,494 | $3,112,270,000 | $270,000 | $1,725,000 | $95,000 | $1,868,000 |
| Refinancing | 7,721 | $2,140,115,000 | $277,000 | $1,645,000 | $100,000 | $2,270,000 |
| Home Improvement | 2,341 | $632,365,000 | $270,000 | $1,465,000 | $103,000 | $2,576,000 |
| Not Applicable | 51 | $13,585,000 | $266,000 | $645,000 | $89,000 | $139,000 |
| Other Purpose | 1 | $175,000 | $175,000 | $175,000 | $18,000 | $18,000 |
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 | 30,931 | $7,725,255,000 | $249,000 | $1,725,000 | $95,000 | $2,576,000 |
| Not applicable | 8,863 | $2,274,585,000 | $256,000 | $1,025,000 | $252,000 | $252,000 |
| Hispanic | 6,615 | $1,715,525,000 | $259,000 | $1,465,000 | $77,000 | $1,868,000 |
| Not Provided | 3,935 | $1,110,455,000 | $282,000 | $1,765,000 | $95,000 | $2,016,000 |
| Black or African American | 3,915 | $981,565,000 | $250,000 | $1,435,000 | $81,000 | $1,379,000 |
| Asian | 3,517 | $1,135,265,000 | $322,000 | $1,525,000 | $113,000 | $2,270,000 |
| American Indian or Alaskan Native | 157 | $39,495,000 | $251,000 | $1,245,000 | $92,000 | $788,000 |
| Native Hawaiian or Other Pacific Islander | 124 | $42,770,000 | $344,000 | $1,505,000 | $100,000 | $354,000 |
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) | 32,702 | $8,865,610,000 | $271,000 | $1,765,000 | $108,000 | $2,576,000 |
| FHA-insured (Federal Housing Administration) | 15,044 | $3,574,980,000 | $237,000 | $885,000 | $70,000 | $1,104,000 |
| VA-guaranteed (Veterans Administration) | 7,006 | $2,113,680,000 | $301,000 | $1,455,000 | $88,000 | $720,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) | 3,402 | $501,450,000 | $147,000 | $425,000 | $52,000 | $129,000 |
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 | 26,453 | $6,824,175,000 | $257,000 | $1,765,000 | $94,000 | $2,576,000 |
| Loan Purchased By The Institution | 17,843 | $4,592,625,000 | $257,000 | $1,025,000 | $94,000 | $1,068,000 |
| Application Withdrawn By Applicant | 7,729 | $2,027,905,000 | $262,000 | $1,725,000 | $97,000 | $2,100,000 |
| Application Denied By Financial Institution | 5,602 | $1,463,830,000 | $261,000 | $1,525,000 | $81,000 | $2,270,000 |
| Application Approved But Not Accepted | 294 | $85,310,000 | $290,000 | $1,495,000 | $100,000 | $1,421,000 |
| File Closed For Incompleteness | 209 | $54,775,000 | $262,000 | $905,000 | $92,000 | $769,000 |
| Preapproval Denied by Financial Institution | 24 | $7,100,000 | $295,000 | $675,000 | $67,000 | $190,000 |
| 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 |
|---|---|---|---|---|---|---|
| Not applicable | 52,528 | $13,584,790,000 | $258,000 | $1,765,000 | $95,000 | $2,576,000 |
| Credit Application Incomplete | 1,736 | $451,470,000 | $260,000 | $1,435,000 | $72,000 | $1,423,000 |
| Debt-To-Income Ratio | 1,210 | $331,730,000 | $274,000 | $1,525,000 | $61,000 | $425,000 |
| Collateral | 883 | $217,235,000 | $246,000 | $1,205,000 | $101,000 | $1,861,000 |
| Credit History | 830 | $204,560,000 | $246,000 | $1,275,000 | $89,000 | $1,501,000 |
| Other | 467 | $133,355,000 | $285,000 | $1,505,000 | $109,000 | $2,270,000 |
| Insufficient Cash (Downpayment, Closing Cost) | 216 | $56,260,000 | $260,000 | $865,000 | $99,000 | $2,139,000 |
| Employment History | 156 | $37,420,000 | $239,000 | $1,045,000 | $64,000 | $480,000 |
| Unverifiable Information | 123 | $37,855,000 | $307,000 | $1,325,000 | $92,000 | $434,000 |
| Mortgage Insurance Denied | 5 | $1,045,000 | $209,000 | $345,000 | $92,000 | $240,000 |
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.