Home Point Financial Corporation
Mortgage Loan Application
Totals and Details
for 2010

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 5,782
Total Mortgage Loan Application Amount $1,493,426,000
Average Mortgage Loan Application Amount $236,666
Highest Mortgage Loan Application Amount $1,180,000
Average Applicant Income $80,000
Highest Applicant Income $1,655,000

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 Home Point Financial Corporation by County in 2010

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 549 $ 117,025,000 $ 213,000 $ 72,000
Hartford County Connecticut 223 $ 50,450,000 $ 226,000 $ 83,000
Kent County Rhode Island 171 $ 37,071,000 $ 216,000 $ 67,000
Los Angeles County California 170 $ 45,796,000 $ 269,000 $ 82,000
Fairfield County Connecticut 157 $ 52,284,000 $ 333,000 $ 99,000
Rockingham County New Hampshire 157 $ 41,357,000 $ 263,000 $ 80,000
Hillsborough County New Hampshire 146 $ 36,611,000 $ 250,000 $ 82,000
Bergen County New Jersey 137 $ 56,358,000 $ 411,000 $ 127,000
New Haven County Connecticut 135 $ 31,876,000 $ 236,000 $ 73,000
Cumberland County Maine 117 $ 27,899,000 $ 238,000 $ 79,000
York County Maine 114 $ 24,327,000 $ 213,000 $ 63,000
Bristol County Massachusetts 106 $ 23,591,000 $ 222,000 $ 68,000
Washington County Rhode Island 104 $ 28,320,000 $ 272,000 $ 91,000
Middlesex County New Jersey 103 $ 32,393,000 $ 314,000 $ 103,000
Middlesex County Massachusetts 98 $ 31,678,000 $ 323,000 $ 94,000
Essex County New Jersey 96 $ 33,271,000 $ 346,000 $ 114,000
New Castle County Delaware 85 $ 23,408,000 $ 275,000 $ 86,000
Ocean County New Jersey 83 $ 25,952,000 $ 312,000 $ 106,000
Chittenden County Vermont 79 $ 18,077,000 $ 228,000 $ 78,000
Monmouth County New Jersey 74 $ 27,726,000 $ 374,000 $ 115,000
Morris County New Jersey 73 $ 31,027,000 $ 425,000 $ 136,000
Passaic County New Jersey 69 $ 22,047,000 $ 319,000 $ 95,000
Orange County California 67 $ 22,565,000 $ 336,000 $ 107,000
New London County Connecticut 65 $ 15,675,000 $ 241,000 $ 80,000
Worcester County Massachusetts 63 $ 14,610,000 $ 231,000 $ 73,000
Union County New Jersey 62 $ 21,379,000 $ 344,000 $ 106,000
Riverside County California 59 $ 11,138,000 $ 188,000 $ 59,000
Norfolk County Massachusetts 56 $ 18,882,000 $ 337,000 $ 101,000
Burlington County New Jersey 56 $ 14,435,000 $ 257,000 $ 85,000
Essex County Massachusetts 53 $ 16,134,000 $ 304,000 $ 87,000
Newport County Rhode Island 53 $ 14,919,000 $ 281,000 $ 83,000
Plymouth County Massachusetts 50 $ 12,594,000 $ 251,000 $ 78,000
Merrimack County New Hampshire 50 $ 11,431,000 $ 228,000 $ 64,000
Hudson County New Jersey 48 $ 15,237,000 $ 317,000 $ 97,000
Franklin County Vermont 48 $ 9,715,000 $ 202,000 $ 63,000
Palm Beach County Florida 46 $ 8,681,000 $ 188,000 $ 61,000
Androscoggin County Maine 44 $ 8,047,000 $ 182,000 $ 65,000
Miami-Dade County Florida 42 $ 7,206,000 $ 171,000 $ 56,000
Montgomery County Pennsylvania 42 $ 12,825,000 $ 305,000 $ 95,000
Tolland County Connecticut 41 $ 9,435,000 $ 230,000 $ 79,000
Prince George's County Maryland 40 $ 11,266,000 $ 281,000 $ 79,000
Camden County New Jersey 39 $ 8,256,000 $ 211,000 $ 81,000
San Bernardino County California 38 $ 7,266,000 $ 191,000 $ 62,000
Middlesex County Connecticut 38 $ 9,898,000 $ 260,000 $ 84,000
Suffolk County Massachusetts 37 $ 10,390,000 $ 280,000 $ 70,000
Bristol County Rhode Island 37 $ 10,370,000 $ 280,000 $ 88,000
Gloucester County New Jersey 36 $ 9,202,000 $ 255,000 $ 91,000
Baltimore County Maryland 35 $ 9,045,000 $ 258,000 $ 94,000
Broward County Florida 34 $ 6,108,000 $ 179,000 $ 69,000
Penobscot County Maine 33 $ 6,099,000 $ 184,000 $ 65,000
Strafford County New Hampshire 33 $ 7,314,000 $ 221,000 $ 72,000
Sussex County New Jersey 33 $ 10,113,000 $ 306,000 $ 100,000
Windham County Connecticut 32 $ 6,441,000 $ 201,000 $ 62,000
Somerset County New Jersey 31 $ 11,426,000 $ 368,000 $ 112,000
San Diego County California 30 $ 10,445,000 $ 348,000 $ 115,000
Montgomery County Maryland 29 $ 10,354,000 $ 357,000 $ 171,000
Atlantic County New Jersey 29 $ 7,414,000 $ 255,000 $ 81,000
Northampton County Pennsylvania 28 $ 6,930,000 $ 247,000 $ 73,000
Litchfield County Connecticut 27 $ 6,534,000 $ 242,000 $ 82,000
Sussex County Delaware 27 $ 6,099,000 $ 225,000 $ 55,000
Kennebec County Maine 27 $ 4,846,000 $ 179,000 $ 61,000
Hunterdon County New Jersey 27 $ 11,668,000 $ 432,000 $ 127,000
Chester County Pennsylvania 27 $ 8,119,000 $ 300,000 $ 110,000
Bucks County Pennsylvania 25 $ 6,583,000 $ 263,000 $ 99,000
Anne Arundel County Maryland 24 $ 6,806,000 $ 283,000 $ 81,000
Mercer County New Jersey 23 $ 6,440,000 $ 280,000 $ 92,000
Kent County Delaware 22 $ 5,426,000 $ 246,000 $ 71,000
Hampden County Massachusetts 22 $ 4,263,000 $ 193,000 $ 64,000
Addison County Vermont 22 $ 4,447,000 $ 202,000 $ 57,000
Philadelphia County Pennsylvania 21 $ 5,126,000 $ 244,000 $ 81,000
Barnstable County Massachusetts 20 $ 5,020,000 $ 251,000 $ 72,000
Grafton County New Hampshire 20 $ 4,945,000 $ 247,000 $ 96,000
Washington County Vermont 20 $ 3,794,000 $ 189,000 $ 53,000
Waldo County Maine 19 $ 3,528,000 $ 185,000 $ 72,000
Rutland County Vermont 19 $ 3,702,000 $ 194,000 $ 68,000
Cheshire County New Hampshire 18 $ 3,741,000 $ 207,000 $ 78,000
Berks County Pennsylvania 18 $ 3,701,000 $ 205,000 $ 83,000
Osceola County Florida 17 $ 1,954,000 $ 114,000 $ 51,000
Allegheny County Pennsylvania 17 $ 3,349,000 $ 197,000 $ 81,000
Monroe County Pennsylvania 17 $ 3,698,000 $ 217,000 $ 60,000
Windsor County Vermont 17 $ 3,578,000 $ 210,000 $ 67,000
Lincoln County Maine 16 $ 3,902,000 $ 243,000 $ 52,000
Windham County Vermont 16 $ 3,255,000 $ 203,000 $ 105,000
Oxford County Maine 15 $ 2,599,000 $ 173,000 $ 59,000
Sagadahoc County Maine 15 $ 2,781,000 $ 185,000 $ 50,000
Warren County New Jersey 15 $ 4,053,000 $ 270,000 $ 85,000
Delaware County Pennsylvania 15 $ 4,074,000 $ 271,000 $ 146,000
Bennington County Vermont 15 $ 2,926,000 $ 195,000 $ 58,000
York County Pennsylvania 14 $ 3,301,000 $ 235,000 $ 68,000
Orange County Florida 12 $ 1,758,000 $ 146,000 $ 53,000
Hancock County Maine 12 $ 2,473,000 $ 206,000 $ 55,000
Belknap County New Hampshire 12 $ 2,656,000 $ 221,000 $ 86,000
Lancaster County Pennsylvania 12 $ 3,071,000 $ 255,000 $ 81,000
Hillsborough County Florida 11 $ 1,519,000 $ 138,000 $ 68,000
Harford County Maryland 11 $ 2,748,000 $ 249,000 $ 94,000
Carroll County New Hampshire 11 $ 3,309,000 $ 300,000 $ 115,000
Cumberland County New Jersey 11 $ 2,330,000 $ 211,000 $ 91,000
Lehigh County Pennsylvania 11 $ 2,672,000 $ 242,000 $ 71,000
Ventura County California 10 $ 3,216,000 $ 321,000 $ 76,000
Duval County Florida 10 $ 1,080,000 $ 108,000 $ 34,000
Calvert County Maryland 10 $ 3,282,000 $ 328,000 $ 130,000
Cape May County New Jersey 10 $ 3,038,000 $ 303,000 $ 91,000
Cumberland County Pennsylvania 10 $ 1,583,000 $ 158,000 $ 209,000
Luzerne County Pennsylvania 10 $ 1,933,000 $ 193,000 $ 62,000
Lamoille County Vermont 10 $ 2,139,000 $ 213,000 $ 63,000
Orleans County Vermont 10 $ 1,956,000 $ 195,000 $ 48,000
Sacramento County California 8 $ 1,388,000 $ 173,000 $ 51,000
Charles County Maryland 8 $ 3,352,000 $ 419,000 $ 170,000
Howard County Maryland 8 $ 3,283,000 $ 410,000 $ 169,000
Sullivan County New Hampshire 8 $ 1,525,000 $ 190,000 $ 72,000
Lackawanna County Pennsylvania 8 $ 1,774,000 $ 221,000 $ 99,000
Frederick County Maryland 7 $ 1,858,000 $ 265,000 $ 88,000
Adams County Pennsylvania 7 $ 1,629,000 $ 232,000 $ 80,000
Lebanon County Pennsylvania 7 $ 1,854,000 $ 264,000 $ 68,000
Washington County Pennsylvania 7 $ 1,215,000 $ 173,000 $ 65,000
Orange County Vermont 7 $ 1,412,000 $ 201,000 $ 41,000
Washington County Maine 6 $ 1,107,000 $ 184,000 $ 59,000
Carroll County Maryland 6 $ 1,484,000 $ 247,000 $ 94,000
St. Mary's County Maryland 6 $ 1,350,000 $ 225,000 $ 84,000
Berkshire County Massachusetts 6 $ 1,534,000 $ 255,000 $ 90,000
Hampshire County Massachusetts 6 $ 1,420,000 $ 236,000 $ 83,000
Butler County Pennsylvania 6 $ 1,289,000 $ 214,000 $ 89,000
Dauphin County Pennsylvania 6 $ 1,590,000 $ 265,000 $ 85,000
Franklin County Pennsylvania 6 $ 1,091,000 $ 181,000 $ 66,000
Pike County Pennsylvania 6 $ 1,660,000 $ 276,000 $ 105,000
Westmoreland County Pennsylvania 6 $ 1,294,000 $ 215,000 $ 83,000
San Joaquin County California 5 $ 473,000 $ 94,000 $ 30,000
Stanislaus County California 5 $ 699,000 $ 139,000 $ 35,000
Somerset County Maine 5 $ 787,000 $ 157,000 $ 44,000
Carbon County Pennsylvania 5 $ 1,224,000 $ 244,000 $ 87,000
Crawford County Pennsylvania 5 $ 757,000 $ 151,000 $ 42,000
Schuylkill County Pennsylvania 5 $ 1,084,000 $ 216,000 $ 95,000
Santa Barbara County California 4 $ 1,667,000 $ 416,000 $ 532,000
Polk County Florida 4 $ 507,000 $ 126,000 $ 61,000
Volusia County Florida 4 $ 690,000 $ 172,000 $ 73,000
Aroostook County Maine 4 $ 564,000 $ 141,000 $ 57,000
Knox County Maine 4 $ 741,000 $ 185,000 $ 51,000
Baltimore City County Maryland 4 $ 561,000 $ 140,000 $ 58,000
Washington County Maryland 4 $ 779,000 $ 194,000 $ 72,000
Franklin County Massachusetts 4 $ 691,000 $ 172,000 $ 56,000
Coos County New Hampshire 4 $ 565,000 $ 141,000 $ 100,000
Bedford County Pennsylvania 4 $ 848,000 $ 212,000 $ 96,000
Northumberland County Pennsylvania 4 $ 1,004,000 $ 251,000 $ 82,000
Caledonia County Vermont 4 $ 767,000 $ 191,000 $ 71,000
Fairfax County Virginia 4 $ 1,448,000 $ 362,000 $ 151,000
Henrico County Virginia 4 $ 1,466,000 $ 366,000 $ 144,000
Contra Costa County California 3 $ 1,267,000 $ 422,000 $ 136,000
Kern County California 3 $ 375,000 $ 125,000 $ 102,000
Marion County Florida 3 $ 520,000 $ 173,000 $ 74,000
Pinellas County Florida 3 $ 640,000 $ 213,000 $ 50,000
St. Lucie County Florida 3 $ 297,000 $ 99,000 $ 42,000
Franklin County Maine 3 $ 1,098,000 $ 366,000 $ 100,000
Cecil County Maryland 3 $ 849,000 $ 283,000 $ 93,000
Worcester County Maryland 3 $ 783,000 $ 261,000 $ 75,000
Dukes County Massachusetts 3 $ 1,104,000 $ 368,000 $ 78,000
Beaver County Pennsylvania 3 $ 442,000 $ 147,000 $ 62,000
Erie County Pennsylvania 3 $ 718,000 $ 239,000 $ 124,000
Mercer County Pennsylvania 3 $ 1,085,000 $ 361,000 $ 122,000
Somerset County Pennsylvania 3 $ 609,000 $ 203,000 $ 78,000
Grand Isle County Vermont 3 $ 643,000 $ 214,000 $ 47,000
Fauquier County Virginia 3 $ 618,000 $ 206,000 $ 48,000
Mobile County Alabama 2 $ 386,000 $ 193,000 $ 70,000
Alameda County California 2 $ 1,330,000 $ 665,000 $ 174,000
Fresno County California 2 $ 412,000 $ 206,000 $ 58,000
Sutter County California 2 $ 382,000 $ 191,000 $ 48,000
Hernando County Florida 2 $ 204,000 $ 102,000 $ 29,000
Lee County Florida 2 $ 394,000 $ 197,000 $ 71,000
Leon County Florida 2 $ 421,000 $ 210,000 $ 94,000
Pasco County Florida 2 $ 205,000 $ 102,000 $ 44,000
Seminole County Florida 2 $ 320,000 $ 160,000 $ 99,000
Piscataquis County Maine 2 $ 348,000 $ 174,000 $ 46,000
Allegany County Maryland 2 $ 329,000 $ 164,000 $ 48,000
Queen Anne's County Maryland 2 $ 714,000 $ 357,000 $ 128,000
Nantucket County Massachusetts 2 $ 827,000 $ 413,000 $ 81,000
Salem County New Jersey 2 $ 483,000 $ 241,000 $ 80,000
Clarion County Pennsylvania 2 $ 416,000 $ 208,000 $ 91,000
Clearfield County Pennsylvania 2 $ 357,000 $ 178,000 $ 61,000
Columbia County Pennsylvania 2 $ 415,000 $ 207,000 $ 84,000
Huntingdon County Pennsylvania 2 $ 446,000 $ 223,000 $ 103,000
Lycoming County Pennsylvania 2 $ 238,000 $ 119,000 $ 25,000
Mifflin County Pennsylvania 2 $ 470,000 $ 235,000 $ 93,000
Loudon County Tennessee 2 $ 724,000 $ 362,000 $ 93,000
Essex County Vermont 2 $ 515,000 $ 257,000 $ 80,000
Chesterfield County Virginia 2 $ 404,000 $ 202,000 $ 58,000
Newport News County Virginia 2 $ 241,000 $ 120,000 $ 48,000
Prince William County Virginia 2 $ 704,000 $ 352,000 $ 145,000
Virginia Beach County Virginia 2 $ 431,000 $ 215,000 $ 55,000
Washington County Virginia 2 $ 315,000 $ 157,000 $ 69,000
Baldwin County Alabama 1 $ 141,000 $ 141,000 $ 37,000
Jefferson County Alabama 1 $ 255,000 $ 255,000 $ 55,000
Madison County Alabama 1 $ 121,000 $ 121,000 $ 28,000
Shelby County Alabama 1 $ 240,000 $ 240,000 $ 53,000
St. Clair County Alabama 1 $ 219,000 $ 219,000 $ 69,000
Talladega County Alabama 1 $ 188,000 $ 188,000 $ 42,000
El Dorado County California 1 $ 403,000 $ 403,000 $ 156,000
Humboldt County California 1 $ 215,000 $ 215,000 $ 46,000
Mono County California 1 $ 120,000 $ 120,000 $ 84,000
San Francisco County California 1 $ 446,000 $ 446,000 $ 116,000
San Mateo County California 1 $ 300,000 $ 300,000 $ 120,000
Santa Clara County California 1 $ 642,000 $ 642,000 $ 173,000
Santa Cruz County California 1 $ 321,000 $ 321,000 $ 82,000
Yolo County California 1 $ 263,000 $ 263,000 $ 56,000
Alachua County Florida 1 $ 206,000 $ 206,000 $ 48,000
Brevard County Florida 1 $ 200,000 $ 200,000 $ 115,000
Charlotte County Florida 1 $ 178,000 $ 178,000 $ 84,000
Collier County Florida 1 $ 166,000 $ 166,000 $ 32,000
Hardee County Florida 1 $ 158,000 $ 158,000 $ 87,000
Highlands County Florida 1 $ 82,000 $ 82,000 $ 34,000
Liberty County Florida 1 $ 210,000 $ 210,000 $ 57,000
Manatee County Florida 1 $ 346,000 $ 346,000 $ 51,000
Martin County Florida 1 $ 87,000 $ 87,000 $ 35,000
Monroe County Florida 1 $ 235,000 $ 235,000 $ 78,000
Nassau County Florida 1 $ 142,000 $ 142,000 $ 61,000
St. Johns County Florida 1 $ 138,000 $ 138,000 $ 52,000
Walton County Florida 1 $ 225,000 $ 225,000 $ 41,000
Dorchester County Maryland 1 $ 400,000 $ 400,000 $ 109,000
Talbot County Maryland 1 $ 395,000 $ 395,000 $ 200,000
Mecklenburg County North Carolina 1 $ 97,000 $ 97,000 $ 30,000
Athens County Ohio 1 $ 78,000 $ 78,000 $ 29,000
Morgan County Ohio 1 $ 103,000 $ 103,000 $ 43,000
Noble County Ohio 1 $ 71,000 $ 71,000 $ 19,000
Washington County Ohio 1 $ 135,000 $ 135,000 $ 32,000
Blair County Pennsylvania 1 $ 200,000 $ 200,000 $ 68,000
Centre County Pennsylvania 1 $ 209,000 $ 209,000 $ 75,000
Elk County Pennsylvania 1 $ 171,000 $ 171,000 $ 75,000
Fulton County Pennsylvania 1 $ 127,000 $ 127,000 $ 50,000
Greene County Pennsylvania 1 $ 256,000 $ 256,000 $ 77,000
Juniata County Pennsylvania 1 $ 324,000 $ 324,000 $ 190,000
Lawrence County Pennsylvania 1 $ 167,000 $ 167,000 $ 113,000
McKean County Pennsylvania 1 $ 138,000 $ 138,000 $ 101,000
Tioga County Pennsylvania 1 $ 168,000 $ 168,000 $ 24,000
Dallas County Texas 1 $ 233,000 $ 233,000 $ 120,000
Bedford County Virginia 1 $ 129,000 $ 129,000 $ 114,000
Campbell County Virginia 1 $ 104,000 $ 104,000 $ 29,000
Gloucester County Virginia 1 $ 127,000 $ 127,000 $ 46,000
Hanover County Virginia 1 $ 396,000 $ 396,000 $ 66,000
James City County Virginia 1 $ 151,000 $ 151,000 $ 136,000
Loudoun County Virginia 1 $ 275,000 $ 275,000 $ 107,000
New Kent County Virginia 1 $ 259,000 $ 259,000 $ 96,000
Richmond City County Virginia 1 $ 208,000 $ 208,000 $ 54,000
Roanoke City County Virginia 1 $ 89,000 $ 89,000 $ 65,000
Smyth County Virginia 1 $ 128,000 $ 128,000 $ 48,000
Spotsylvania County Virginia 1 $ 392,000 $ 392,000 $ 238,000
Stafford County Virginia 1 $ 265,000 $ 265,000 $ 83,000
Wythe County Virginia 1 $ 193,000 $ 193,000 $ 54,000
Pierce County Washington 1 $ 282,000 $ 282,000 $ 83,000
Snohomish County Washington 1 $ 189,000 $ 189,000 $ 49,000

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 2010

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 4,563 $1,227,352,000 $268,000 $960,000 $87,000 $1,269,000
Home Purchase 1,180 $257,335,000 $218,000 $1,020,000 $74,000 $1,655,000
Home Improvement 39 $8,739,000 $224,000 $1,180,000 $79,000 $238,000

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 4,207 $1,098,722,000 $261,000 $1,180,000 $86,000 $1,655,000
Not Provided 639 $170,015,000 $266,000 $810,000 $90,000 $1,276,000
Hispanic 535 $123,387,000 $230,000 $735,000 $65,000 $324,000
Black or African American 250 $60,772,000 $243,000 $564,000 $73,000 $538,000
Asian 127 $34,039,000 $268,000 $725,000 $91,000 $523,000
Native Hawaiian or Other Pacific Islander 15 $3,879,000 $258,000 $600,000 $73,000 $181,000
American Indian or Alaskan Native 9 $2,612,000 $290,000 $460,000 $75,000 $135,000
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) 3,700 $978,949,000 $264,000 $728,000 $79,000 $1,333,000
Conventional (any loan other than FHA, VA, FSA, or RHS loans) 2,080 $513,867,000 $247,000 $1,180,000 $94,000 $1,655,000
VA-guaranteed (Veterans Administration) 2 $610,000 $305,000 $393,000 $63,000 $90,000
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
Application Denied By Financial Institution 3,486 $886,326,000 $254,000 $1,180,000 $82,000 $1,333,000
Loan Originated 2,014 $529,150,000 $262,000 $746,000 $88,000 $1,655,000
Application Withdrawn By Applicant 158 $45,303,000 $286,000 $719,000 $88,000 $350,000
Application Approved But Not Accepted 124 $32,647,000 $263,000 $735,000 $87,000 $523,000
File Closed For Incompleteness 0 $0 $0 $0 $0 $0
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 2,548 $632,685,000 $248,000 $1,020,000 $82,000 $1,333,000
Debt-To-Income Ratio 293 $81,922,000 $279,000 $746,000 $69,000 $538,000
Collateral 212 $57,847,000 $272,000 $743,000 $92,000 $326,000
Credit History 201 $50,608,000 $251,000 $741,000 $72,000 $299,000
Unverifiable Information 100 $27,321,000 $273,000 $721,000 $96,000 $399,000
Credit Application Incomplete 66 $16,502,000 $250,000 $1,180,000 $91,000 $815,000
Employment History 48 $13,683,000 $285,000 $699,000 $83,000 $240,000
Insufficient Cash (Downpayment, Closing Cost) 8 $2,391,000 $298,000 $520,000 $80,000 $130,000
Mortgage Insurance Denied 5 $1,871,000 $374,000 $600,000 $160,000 $350,000

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