Home Point Financial Corporation
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 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 | 2,432 |
| Total Mortgage Loan Application Amount | $614,238,000 |
| Average Mortgage Loan Application Amount | $237,666 |
| Highest Mortgage Loan Application Amount | $743,000 |
| Average Applicant Income | $71,666 |
| Highest Applicant Income | $578,000 |
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 |
|---|---|---|---|---|
| Providence County Rhode Island | 221 | $ 49,172,000 | $ 222,000 | $ 59,000 |
| Hartford County Connecticut | 176 | $ 36,449,000 | $ 207,000 | $ 64,000 |
| New Haven County Connecticut | 94 | $ 19,430,000 | $ 206,000 | $ 58,000 |
| Kent County Rhode Island | 77 | $ 17,947,000 | $ 233,000 | $ 68,000 |
| Middlesex County Massachusetts | 73 | $ 23,015,000 | $ 315,000 | $ 78,000 |
| Middlesex County New Jersey | 72 | $ 22,710,000 | $ 315,000 | $ 89,000 |
| Essex County New Jersey | 70 | $ 19,672,000 | $ 281,000 | $ 82,000 |
| Bergen County New Jersey | 67 | $ 24,883,000 | $ 371,000 | $ 99,000 |
| Ocean County New Jersey | 63 | $ 19,228,000 | $ 305,000 | $ 78,000 |
| Fairfield County Connecticut | 57 | $ 15,364,000 | $ 269,000 | $ 84,000 |
| Hudson County New Jersey | 53 | $ 17,191,000 | $ 324,000 | $ 80,000 |
| Passaic County New Jersey | 46 | $ 14,204,000 | $ 308,000 | $ 73,000 |
| Worcester County Massachusetts | 45 | $ 10,899,000 | $ 242,000 | $ 75,000 |
| Bristol County Massachusetts | 43 | $ 10,160,000 | $ 236,000 | $ 58,000 |
| Essex County Massachusetts | 41 | $ 12,255,000 | $ 298,000 | $ 71,000 |
| Norfolk County Massachusetts | 39 | $ 12,846,000 | $ 329,000 | $ 85,000 |
| Washington County Rhode Island | 38 | $ 11,739,000 | $ 308,000 | $ 84,000 |
| Monmouth County New Jersey | 37 | $ 11,255,000 | $ 304,000 | $ 99,000 |
| Morris County New Jersey | 36 | $ 12,293,000 | $ 341,000 | $ 84,000 |
| Camden County New Jersey | 35 | $ 5,995,000 | $ 171,000 | $ 49,000 |
| Union County New Jersey | 33 | $ 9,482,000 | $ 287,000 | $ 77,000 |
| Middlesex County Connecticut | 29 | $ 6,939,000 | $ 239,000 | $ 68,000 |
| New London County Connecticut | 29 | $ 6,755,000 | $ 232,000 | $ 71,000 |
| Hampden County Massachusetts | 29 | $ 5,394,000 | $ 186,000 | $ 54,000 |
| Plymouth County Massachusetts | 29 | $ 8,525,000 | $ 293,000 | $ 77,000 |
| Burlington County New Jersey | 25 | $ 6,496,000 | $ 259,000 | $ 78,000 |
| Litchfield County Connecticut | 23 | $ 5,606,000 | $ 243,000 | $ 67,000 |
| Los Angeles County California | 20 | $ 6,238,000 | $ 311,000 | $ 72,000 |
| Windham County Connecticut | 19 | $ 3,939,000 | $ 207,000 | $ 53,000 |
| Suffolk County Massachusetts | 19 | $ 6,064,000 | $ 319,000 | $ 84,000 |
| Rockingham County New Hampshire | 19 | $ 5,033,000 | $ 264,000 | $ 75,000 |
| Gloucester County New Jersey | 19 | $ 4,757,000 | $ 250,000 | $ 88,000 |
| Baltimore County Maryland | 18 | $ 3,913,000 | $ 217,000 | $ 59,000 |
| Prince George's County Maryland | 18 | $ 5,181,000 | $ 287,000 | $ 80,000 |
| Hillsborough County New Hampshire | 18 | $ 4,213,000 | $ 234,000 | $ 61,000 |
| Montgomery County Pennsylvania | 17 | $ 3,997,000 | $ 235,000 | $ 75,000 |
| Bristol County Rhode Island | 17 | $ 4,354,000 | $ 256,000 | $ 66,000 |
| Newport County Rhode Island | 17 | $ 5,157,000 | $ 303,000 | $ 76,000 |
| Miami-Dade County Florida | 16 | $ 2,813,000 | $ 175,000 | $ 51,000 |
| Somerset County New Jersey | 16 | $ 5,998,000 | $ 374,000 | $ 125,000 |
| Tolland County Connecticut | 15 | $ 3,749,000 | $ 249,000 | $ 67,000 |
| Anne Arundel County Maryland | 15 | $ 4,443,000 | $ 296,000 | $ 86,000 |
| Palm Beach County Florida | 14 | $ 2,052,000 | $ 146,000 | $ 44,000 |
| Sussex County New Jersey | 14 | $ 3,161,000 | $ 225,000 | $ 67,000 |
| Monroe County Pennsylvania | 13 | $ 2,519,000 | $ 193,000 | $ 61,000 |
| Duval County Florida | 12 | $ 1,969,000 | $ 164,000 | $ 55,000 |
| York County Maine | 12 | $ 2,498,000 | $ 208,000 | $ 65,000 |
| Montgomery County Maryland | 12 | $ 4,225,000 | $ 352,000 | $ 90,000 |
| Mercer County New Jersey | 12 | $ 3,358,000 | $ 279,000 | $ 114,000 |
| Chester County Pennsylvania | 12 | $ 2,754,000 | $ 229,000 | $ 82,000 |
| New Castle County Delaware | 11 | $ 2,482,000 | $ 225,000 | $ 72,000 |
| Broward County Florida | 11 | $ 2,540,000 | $ 230,000 | $ 84,000 |
| Atlantic County New Jersey | 11 | $ 2,445,000 | $ 222,000 | $ 43,000 |
| Allegheny County Pennsylvania | 11 | $ 2,238,000 | $ 203,000 | $ 81,000 |
| Berks County Pennsylvania | 11 | $ 2,303,000 | $ 209,000 | $ 70,000 |
| Lehigh County Pennsylvania | 11 | $ 2,057,000 | $ 187,000 | $ 54,000 |
| Philadelphia County Pennsylvania | 11 | $ 2,105,000 | $ 191,000 | $ 55,000 |
| Penobscot County Maine | 10 | $ 1,946,000 | $ 194,000 | $ 61,000 |
| Frederick County Maryland | 10 | $ 2,821,000 | $ 282,000 | $ 105,000 |
| Barnstable County Massachusetts | 10 | $ 3,390,000 | $ 339,000 | $ 65,000 |
| Luzerne County Pennsylvania | 10 | $ 1,419,000 | $ 141,000 | $ 60,000 |
| Cumberland County Maine | 8 | $ 1,815,000 | $ 226,000 | $ 55,000 |
| Lancaster County Pennsylvania | 8 | $ 1,623,000 | $ 202,000 | $ 72,000 |
| Cecil County Maryland | 7 | $ 1,461,000 | $ 208,000 | $ 100,000 |
| Delaware County Pennsylvania | 7 | $ 1,428,000 | $ 204,000 | $ 59,000 |
| San Diego County California | 6 | $ 1,589,000 | $ 264,000 | $ 76,000 |
| Baltimore City County Maryland | 6 | $ 1,172,000 | $ 195,000 | $ 49,000 |
| Harford County Maryland | 6 | $ 1,674,000 | $ 279,000 | $ 89,000 |
| Howard County Maryland | 6 | $ 1,267,000 | $ 211,000 | $ 95,000 |
| Cheshire County New Hampshire | 6 | $ 1,278,000 | $ 213,000 | $ 55,000 |
| Strafford County New Hampshire | 6 | $ 1,558,000 | $ 259,000 | $ 93,000 |
| Sullivan County New Hampshire | 6 | $ 934,000 | $ 155,000 | $ 59,000 |
| Cape May County New Jersey | 6 | $ 1,757,000 | $ 292,000 | $ 49,000 |
| Bucks County Pennsylvania | 6 | $ 1,761,000 | $ 293,000 | $ 80,000 |
| Lackawanna County Pennsylvania | 6 | $ 1,026,000 | $ 171,000 | $ 70,000 |
| Northampton County Pennsylvania | 6 | $ 1,612,000 | $ 268,000 | $ 73,000 |
| Pike County Pennsylvania | 6 | $ 1,539,000 | $ 256,000 | $ 64,000 |
| Kent County Delaware | 5 | $ 1,047,000 | $ 209,000 | $ 80,000 |
| Charles County Maryland | 5 | $ 1,384,000 | $ 276,000 | $ 79,000 |
| Grafton County New Hampshire | 5 | $ 1,005,000 | $ 201,000 | $ 63,000 |
| Hunterdon County New Jersey | 5 | $ 1,724,000 | $ 344,000 | $ 128,000 |
| Warren County New Jersey | 5 | $ 1,120,000 | $ 224,000 | $ 67,000 |
| Fairfax County Virginia | 5 | $ 1,752,000 | $ 350,000 | $ 122,000 |
| Riverside County California | 4 | $ 1,359,000 | $ 339,000 | $ 96,000 |
| Orange County Florida | 4 | $ 546,000 | $ 136,000 | $ 42,000 |
| Polk County Florida | 4 | $ 553,000 | $ 138,000 | $ 53,000 |
| Waldo County Maine | 4 | $ 616,000 | $ 154,000 | $ 42,000 |
| Berkshire County Massachusetts | 4 | $ 603,000 | $ 150,000 | $ 33,000 |
| Hampshire County Massachusetts | 4 | $ 760,000 | $ 190,000 | $ 55,000 |
| Cumberland County New Jersey | 4 | $ 561,000 | $ 140,000 | $ 69,000 |
| Blair County Pennsylvania | 4 | $ 528,000 | $ 132,000 | $ 51,000 |
| Dauphin County Pennsylvania | 4 | $ 727,000 | $ 181,000 | $ 139,000 |
| Franklin County Pennsylvania | 4 | $ 596,000 | $ 149,000 | $ 48,000 |
| Perry County Pennsylvania | 4 | $ 954,000 | $ 238,000 | $ 108,000 |
| York County Pennsylvania | 4 | $ 735,000 | $ 183,000 | $ 66,000 |
| Chesterfield County Virginia | 4 | $ 925,000 | $ 231,000 | $ 105,000 |
| San Bernardino County California | 3 | $ 980,000 | $ 326,000 | $ 95,000 |
| Sussex County Delaware | 3 | $ 626,000 | $ 208,000 | $ 78,000 |
| Clay County Florida | 3 | $ 442,000 | $ 147,000 | $ 41,000 |
| Hillsborough County Florida | 3 | $ 474,000 | $ 158,000 | $ 48,000 |
| Pinellas County Florida | 3 | $ 685,000 | $ 228,000 | $ 78,000 |
| Androscoggin County Maine | 3 | $ 483,000 | $ 161,000 | $ 61,000 |
| Hancock County Maine | 3 | $ 536,000 | $ 178,000 | $ 70,000 |
| Sagadahoc County Maine | 3 | $ 418,000 | $ 139,000 | $ 46,000 |
| Calvert County Maryland | 3 | $ 882,000 | $ 294,000 | $ 72,000 |
| Carroll County Maryland | 3 | $ 1,006,000 | $ 335,000 | $ 75,000 |
| St. Mary's County Maryland | 3 | $ 666,000 | $ 222,000 | $ 62,000 |
| Franklin County Massachusetts | 3 | $ 636,000 | $ 212,000 | $ 55,000 |
| Belknap County New Hampshire | 3 | $ 613,000 | $ 204,000 | $ 63,000 |
| Carroll County New Hampshire | 3 | $ 687,000 | $ 229,000 | $ 105,000 |
| Merrimack County New Hampshire | 3 | $ 794,000 | $ 264,000 | $ 87,000 |
| Adams County Pennsylvania | 3 | $ 991,000 | $ 330,000 | $ 82,000 |
| Bradford County Pennsylvania | 3 | $ 564,000 | $ 188,000 | $ 82,000 |
| Clearfield County Pennsylvania | 3 | $ 510,000 | $ 170,000 | $ 57,000 |
| Cumberland County Pennsylvania | 3 | $ 600,000 | $ 200,000 | $ 79,000 |
| Erie County Pennsylvania | 3 | $ 507,000 | $ 169,000 | $ 55,000 |
| Lebanon County Pennsylvania | 3 | $ 450,000 | $ 150,000 | $ 57,000 |
| Schuylkill County Pennsylvania | 3 | $ 625,000 | $ 208,000 | $ 64,000 |
| Washington County Pennsylvania | 3 | $ 613,000 | $ 204,000 | $ 60,000 |
| Wayne County Pennsylvania | 3 | $ 489,000 | $ 163,000 | $ 78,000 |
| Westmoreland County Pennsylvania | 3 | $ 450,000 | $ 150,000 | $ 55,000 |
| Loudoun County Virginia | 3 | $ 782,000 | $ 260,000 | $ 72,000 |
| Orange County California | 2 | $ 860,000 | $ 430,000 | $ 82,000 |
| Ventura County California | 2 | $ 810,000 | $ 405,000 | $ 77,000 |
| Charlotte County Florida | 2 | $ 251,000 | $ 125,000 | $ 58,000 |
| Citrus County Florida | 2 | $ 465,000 | $ 232,000 | $ 73,000 |
| Collier County Florida | 2 | $ 583,000 | $ 291,000 | $ 234,000 |
| Lee County Florida | 2 | $ 486,000 | $ 243,000 | $ 134,000 |
| St. Johns County Florida | 2 | $ 353,000 | $ 176,000 | $ 39,000 |
| Kennebec County Maine | 2 | $ 365,000 | $ 182,000 | $ 53,000 |
| Knox County Maine | 2 | $ 345,000 | $ 172,000 | $ 50,000 |
| Oxford County Maine | 2 | $ 335,000 | $ 167,000 | $ 44,000 |
| Piscataquis County Maine | 2 | $ 403,000 | $ 201,000 | $ 83,000 |
| Somerset County Maine | 2 | $ 509,000 | $ 254,000 | $ 63,000 |
| Allegany County Maryland | 2 | $ 376,000 | $ 188,000 | $ 71,000 |
| Talbot County Maryland | 2 | $ 507,000 | $ 253,000 | $ 75,000 |
| Worcester County Maryland | 2 | $ 360,000 | $ 180,000 | $ 70,000 |
| Salem County New Jersey | 2 | $ 374,000 | $ 187,000 | $ 99,000 |
| Butler County Pennsylvania | 2 | $ 287,000 | $ 143,000 | $ 30,000 |
| Cambria County Pennsylvania | 2 | $ 285,000 | $ 142,000 | $ 51,000 |
| Lawrence County Pennsylvania | 2 | $ 341,000 | $ 170,000 | $ 63,000 |
| Mercer County Pennsylvania | 2 | $ 314,000 | $ 157,000 | $ 67,000 |
| Snyder County Pennsylvania | 2 | $ 322,000 | $ 161,000 | $ 47,000 |
| Susquehanna County Pennsylvania | 2 | $ 266,000 | $ 133,000 | $ 39,000 |
| Greenville County South Carolina | 2 | $ 312,000 | $ 156,000 | $ 67,000 |
| Portsmouth County Virginia | 2 | $ 388,000 | $ 194,000 | $ 57,000 |
| Spotsylvania County Virginia | 2 | $ 545,000 | $ 272,000 | $ 55,000 |
| Clarke County Alabama | 1 | $ 222,000 | $ 222,000 | $ 90,000 |
| Mobile County Alabama | 1 | $ 145,000 | $ 145,000 | $ 72,000 |
| Monterey County California | 1 | $ 75,000 | $ 75,000 | $ 34,000 |
| San Francisco County California | 1 | $ 417,000 | $ 417,000 | $ 69,000 |
| District of Columbia County District Of Columbia | 1 | $ 206,000 | $ 206,000 | $ 44,000 |
| Marion County Florida | 1 | $ 180,000 | $ 180,000 | $ 53,000 |
| Martin County Florida | 1 | $ 236,000 | $ 236,000 | $ 60,000 |
| Nassau County Florida | 1 | $ 169,000 | $ 169,000 | $ 89,000 |
| Osceola County Florida | 1 | $ 94,000 | $ 94,000 | $ 46,000 |
| Pasco County Florida | 1 | $ 95,000 | $ 95,000 | $ 25,000 |
| Seminole County Florida | 1 | $ 154,000 | $ 154,000 | $ 30,000 |
| St. Lucie County Florida | 1 | $ 212,000 | $ 212,000 | $ 30,000 |
| Volusia County Florida | 1 | $ 164,000 | $ 164,000 | $ 40,000 |
| Lincoln County Maine | 1 | $ 146,000 | $ 146,000 | $ 73,000 |
| Queen Anne's County Maryland | 1 | $ 270,000 | $ 270,000 | $ 85,000 |
| Somerset County Maryland | 1 | $ 146,000 | $ 146,000 | $ 68,000 |
| Washington County Maryland | 1 | $ 298,000 | $ 298,000 | $ 46,000 |
| Wicomico County Maryland | 1 | $ 278,000 | $ 278,000 | $ 111,000 |
| Coos County New Hampshire | 1 | $ 252,000 | $ 252,000 | $ 82,000 |
| Orange County New York | 1 | $ 320,000 | $ 320,000 | $ 117,000 |
| Rensselaer County New York | 1 | $ 298,000 | $ 298,000 | $ 18,000 |
| Richmond County New York | 1 | $ 363,000 | $ 363,000 | $ 120,000 |
| Rockland County New York | 1 | $ 257,000 | $ 257,000 | $ 93,000 |
| Washington County New York | 1 | $ 187,000 | $ 187,000 | $ 52,000 |
| Westchester County New York | 1 | $ 543,000 | $ 543,000 | $ 118,000 |
| Butler County Ohio | 1 | $ 229,000 | $ 229,000 | $ 43,000 |
| Jefferson County Ohio | 1 | $ 97,000 | $ 97,000 | $ 26,000 |
| Washington County Ohio | 1 | $ 132,000 | $ 132,000 | $ 43,000 |
| Armstrong County Pennsylvania | 1 | $ 200,000 | $ 200,000 | $ 94,000 |
| Beaver County Pennsylvania | 1 | $ 181,000 | $ 181,000 | $ 69,000 |
| Centre County Pennsylvania | 1 | $ 160,000 | $ 160,000 | $ 76,000 |
| Clarion County Pennsylvania | 1 | $ 180,000 | $ 180,000 | $ 54,000 |
| Clinton County Pennsylvania | 1 | $ 135,000 | $ 135,000 | $ 30,000 |
| Indiana County Pennsylvania | 1 | $ 272,000 | $ 272,000 | $ 116,000 |
| McKean County Pennsylvania | 1 | $ 80,000 | $ 80,000 | $ 15,000 |
| Northumberland County Pennsylvania | 1 | $ 118,000 | $ 118,000 | $ 33,000 |
| Union County Pennsylvania | 1 | $ 216,000 | $ 216,000 | $ 115,000 |
| Wyoming County Pennsylvania | 1 | $ 268,000 | $ 268,000 | $ 133,000 |
| Shelby County Tennessee | 1 | $ 70,000 | $ 70,000 | $ 38,000 |
| Windham County Vermont | 1 | $ 195,000 | $ 195,000 | $ 48,000 |
| Bristol County Virginia | 1 | $ 135,000 | $ 135,000 | $ 39,000 |
| Brunswick County Virginia | 1 | $ 92,000 | $ 92,000 | $ 64,000 |
| Fauquier County Virginia | 1 | $ 225,000 | $ 225,000 | $ 146,000 |
| Frederick County Virginia | 1 | $ 317,000 | $ 317,000 | $ 100,000 |
| Hampton County Virginia | 1 | $ 172,000 | $ 172,000 | $ 30,000 |
| Harrisonburg County Virginia | 1 | $ 260,000 | $ 260,000 | $ 20,000 |
| Henrico County Virginia | 1 | $ 100,000 | $ 100,000 | $ 21,000 |
| Louisa County Virginia | 1 | $ 268,000 | $ 268,000 | $ 48,000 |
| Norfolk County Virginia | 1 | $ 305,000 | $ 305,000 | $ 59,000 |
| Pittsylvania County Virginia | 1 | $ 131,000 | $ 131,000 | $ 52,000 |
| Powhatan County Virginia | 1 | $ 323,000 | $ 323,000 | $ 136,000 |
| Prince George County Virginia | 1 | $ 151,000 | $ 151,000 | $ 76,000 |
| Prince William County Virginia | 1 | $ 323,000 | $ 323,000 | $ 90,000 |
| Richmond City County Virginia | 1 | $ 143,000 | $ 143,000 | $ 27,000 |
| Stafford County Virginia | 1 | $ 369,000 | $ 369,000 | $ 176,000 |
| Staunton County Virginia | 1 | $ 169,000 | $ 169,000 | $ 30,000 |
| Sussex County Virginia | 1 | $ 125,000 | $ 125,000 | $ 48,000 |
| Virginia Beach County Virginia | 1 | $ 280,000 | $ 280,000 | $ 66,000 |
| Washington County Virginia | 1 | $ 115,000 | $ 115,000 | $ 24,000 |
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 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 | 1,926 | $503,316,000 | $261,000 | $743,000 | $75,000 | $578,000 |
| Home Purchase | 489 | $106,928,000 | $218,000 | $696,000 | $60,000 | $427,000 |
| Home Improvement | 17 | $3,994,000 | $234,000 | $550,000 | $80,000 | $167,000 |
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 | 1,551 | $401,666,000 | $258,000 | $743,000 | $76,000 | $578,000 |
| Not Provided | 439 | $108,055,000 | $246,000 | $706,000 | $70,000 | $296,000 |
| Hispanic | 221 | $50,371,000 | $227,000 | $696,000 | $58,000 | $445,000 |
| Black or African American | 171 | $40,024,000 | $234,000 | $507,000 | $63,000 | $186,000 |
| Asian | 41 | $11,540,000 | $281,000 | $548,000 | $76,000 | $232,000 |
| American Indian or Alaskan Native | 5 | $1,199,000 | $239,000 | $415,000 | $71,000 | $117,000 |
| Native Hawaiian or Other Pacific Islander | 4 | $1,383,000 | $345,000 | $652,000 | $63,000 | $124,000 |
| 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 |
|---|---|---|---|---|---|---|
| FHA-insured (Federal Housing Administration) | 2,127 | $542,445,000 | $255,000 | $743,000 | $70,000 | $561,000 |
| Conventional (any loan other than FHA, VA, FSA, or RHS loans) | 305 | $71,793,000 | $235,000 | $724,000 | $84,000 | $578,000 |
| 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 | 1,654 | $419,284,000 | $253,000 | $743,000 | $72,000 | $561,000 |
| Application Denied By Financial Institution | 611 | $149,191,000 | $244,000 | $724,000 | $67,000 | $578,000 |
| Application Withdrawn By Applicant | 131 | $36,533,000 | $278,000 | $743,000 | $88,000 | $427,000 |
| Application Approved But Not Accepted | 35 | $8,986,000 | $256,000 | $512,000 | $81,000 | $233,000 |
| File Closed For Incompleteness | 1 | $244,000 | $244,000 | $244,000 | $30,000 | $30,000 |
| Loan Purchased By The Institution | 0 | $0 | $0 | $0 | $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 |
|---|---|---|---|---|---|---|
| Other | 196 | $48,629,000 | $248,000 | $680,000 | $69,000 | $264,000 |
| Debt-To-Income Ratio | 158 | $36,762,000 | $232,000 | $696,000 | $58,000 | $190,000 |
| Collateral | 88 | $22,460,000 | $255,000 | $724,000 | $79,000 | $445,000 |
| Credit History | 68 | $16,912,000 | $248,000 | $650,000 | $71,000 | $438,000 |
| Unverifiable Information | 28 | $6,558,000 | $234,000 | $527,000 | $81,000 | $578,000 |
| Employment History | 18 | $4,558,000 | $253,000 | $589,000 | $57,000 | $126,000 |
| Insufficient Cash (Downpayment, Closing Cost) | 10 | $1,973,000 | $197,000 | $362,000 | $46,000 | $99,000 |
| Credit Application Incomplete | 4 | $940,000 | $235,000 | $434,000 | $100,000 | $196,000 |
| 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.