Mbank
Mortgage Loan Application
Totals and Details
for 2021
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 Mbank.
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 | Mbank 130 S Cedar St Manistique, MI 49854 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 | 1,130 |
| Total Mortgage Loan Application Amount | $176,460,000 |
| Average Mortgage Loan Application Amount | $135,200 |
| Highest Mortgage Loan Application Amount | $1,755,000 |
| Average Applicant Income | $105,600 |
| Highest Applicant Income | $1,800,000 |
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 |
|---|---|---|---|---|
| Marquette County Michigan | 293 | $ 44,415,000 | $ 151,000 | $ 95,000 |
| Alpena County Michigan | 74 | $ 9,570,000 | $ 129,000 | $ 90,000 |
| Schoolcraft County Michigan | 68 | $ 7,600,000 | $ 111,000 | $ 117,000 |
| Lincoln County Wisconsin | 67 | $ 8,155,000 | $ 121,000 | $ 87,000 |
| Delta County Michigan | 54 | $ 7,430,000 | $ 137,000 | $ 128,000 |
| Grand Traverse County Michigan | 50 | $ 14,010,000 | $ 280,000 | $ 137,000 |
| Luce County Michigan | 46 | $ 4,480,000 | $ 97,000 | $ 76,000 |
| Otsego County Michigan | 44 | $ 7,190,000 | $ 163,000 | $ 99,000 |
| Vilas County Wisconsin | 42 | $ 6,780,000 | $ 161,000 | $ 81,000 |
| Chippewa County Michigan | 33 | $ 4,295,000 | $ 130,000 | $ 92,000 |
| Cheboygan County Michigan | 29 | $ 4,115,000 | $ 141,000 | $ 85,000 |
| Florence County Wisconsin | 26 | $ 1,750,000 | $ 67,000 | $ 60,000 |
| Montmorency County Michigan | 25 | $ 3,705,000 | $ 148,000 | $ 87,000 |
| Alger County Michigan | 22 | $ 2,830,000 | $ 128,000 | $ 69,000 |
| Oneida County Wisconsin | 21 | $ 3,345,000 | $ 159,000 | $ 168,000 |
| Dickinson County Michigan | 19 | $ 2,345,000 | $ 123,000 | $ 84,000 |
| Mackinac County Michigan | 19 | $ 3,595,000 | $ 189,000 | $ 186,000 |
| Emmet County Michigan | 16 | $ 2,690,000 | $ 168,000 | $ 105,000 |
| Leelanau County Michigan | 14 | $ 3,990,000 | $ 285,000 | $ 182,000 |
| Presque Isle County Michigan | 14 | $ 2,380,000 | $ 170,000 | $ 117,000 |
| Antrim County Michigan | 11 | $ 2,585,000 | $ 235,000 | $ 395,000 |
| Menominee County Michigan | 10 | $ 1,210,000 | $ 121,000 | $ 79,000 |
| Marinette County Wisconsin | 10 | $ 1,110,000 | $ 111,000 | $ 48,000 |
| Oakland County Michigan | 9 | $ 3,605,000 | $ 400,000 | $ 247,000 |
| Oscoda County Michigan | 8 | $ 1,010,000 | $ 126,000 | $ 100,000 |
| Gogebic County Michigan | 7 | $ 1,105,000 | $ 157,000 | $ 147,000 |
| Wexford County Michigan | 7 | $ 835,000 | $ 119,000 | $ 50,000 |
| Benzie County Michigan | 6 | $ 1,030,000 | $ 171,000 | $ 79,000 |
| Houghton County Michigan | 5 | $ 2,685,000 | $ 537,000 | $ 307,000 |
| Livingston County Michigan | 5 | $ 1,675,000 | $ 335,000 | $ 215,000 |
| Charlevoix County Michigan | 4 | $ 770,000 | $ 192,000 | $ 95,000 |
| Kalkaska County Michigan | 4 | $ 640,000 | $ 160,000 | $ 96,000 |
| Forest County Wisconsin | 4 | $ 530,000 | $ 132,000 | $ 74,000 |
| Lee County Florida | 3 | $ 595,000 | $ 198,000 | $ 240,000 |
| Baraga County Michigan | 3 | $ 265,000 | $ 88,000 | $ 53,000 |
| Clare County Michigan | 3 | $ 655,000 | $ 218,000 | $ 80,000 |
| Macomb County Michigan | 3 | $ 385,000 | $ 128,000 | $ 81,000 |
| Washtenaw County Michigan | 3 | $ 655,000 | $ 218,000 | $ 399,000 |
| Marathon County Wisconsin | 3 | $ 485,000 | $ 161,000 | $ 70,000 |
| Wood County Wisconsin | 3 | $ 595,000 | $ 198,000 | $ 168,000 |
| Palm Beach County Florida | 2 | $ 500,000 | $ 250,000 | $ 261,000 |
| Pinellas County Florida | 2 | $ 500,000 | $ 250,000 | $ 831,000 |
| Alcona County Michigan | 2 | $ 200,000 | $ 100,000 | $ 45,000 |
| Clinton County Michigan | 2 | $ 510,000 | $ 255,000 | $ 124,000 |
| Crawford County Michigan | 2 | $ 170,000 | $ 85,000 | $ 42,000 |
| Iron County Michigan | 2 | $ 160,000 | $ 80,000 | $ 123,000 |
| Manistee County Michigan | 2 | $ 170,000 | $ 85,000 | $ 56,000 |
| Montcalm County Michigan | 2 | $ 230,000 | $ 115,000 | $ 52,000 |
| Brown County Wisconsin | 2 | $ 430,000 | $ 215,000 | $ 80,000 |
| Pima County Arizona | 1 | $ 175,000 | $ 175,000 | $ 92,000 |
| Riverside County California | 1 | $ 445,000 | $ 445,000 | $ 184,000 |
| San Diego County California | 1 | $ 755,000 | $ 755,000 | $ 1,543,000 |
| Monroe County Florida | 1 | $ 405,000 | $ 405,000 | $ 150,000 |
| Sarasota County Florida | 1 | $ 595,000 | $ 595,000 | $ 1,255,000 |
| Lake County Illinois | 1 | $ 595,000 | $ 595,000 | $ 260,000 |
| Lake County Indiana | 1 | $ 195,000 | $ 195,000 | $ 130,000 |
| Berrien County Michigan | 1 | $ 125,000 | $ 125,000 | $ 64,000 |
| Genesee County Michigan | 1 | $ 195,000 | $ 195,000 | $ 96,000 |
| Ingham County Michigan | 1 | $ 195,000 | $ 195,000 | $ 163,000 |
| Iosco County Michigan | 1 | $ 85,000 | $ 85,000 | $ 93,000 |
| Kent County Michigan | 1 | $ 105,000 | $ 105,000 | $ 262,000 |
| Lake County Michigan | 1 | $ 165,000 | $ 165,000 | $ 63,000 |
| Lapeer County Michigan | 1 | $ 165,000 | $ 165,000 | $ 154,000 |
| Midland County Michigan | 1 | $ 175,000 | $ 175,000 | $ 84,000 |
| Ogemaw County Michigan | 1 | $ 55,000 | $ 55,000 | $ 18,000 |
| Ontonagon County Michigan | 1 | $ 265,000 | $ 265,000 | $ 285,000 |
| Ottawa County Michigan | 1 | $ 375,000 | $ 375,000 | $ 85,000 |
| St. Louis City County Missouri | 1 | $ 285,000 | $ 285,000 | $ 93,000 |
| Holmes County Ohio | 1 | $ 135,000 | $ 135,000 | $ 31,000 |
| Dane County Wisconsin | 1 | $ 275,000 | $ 275,000 | $ 180,000 |
| Iron County Wisconsin | 1 | $ 65,000 | $ 65,000 | $ 88,000 |
| Langlade County Wisconsin | 1 | $ 255,000 | $ 255,000 | $ 72,000 |
| Rock County Wisconsin | 1 | $ 275,000 | $ 275,000 | $ 84,000 |
| Shawano County Wisconsin | 1 | $ 135,000 | $ 135,000 | $ 130,000 |
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 Mbank in 2021
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 | 476 | $75,910,000 | $159,000 | $1,055,000 | $119,000 | $1,800,000 |
| Refinancing | 393 | $59,215,000 | $150,000 | $1,755,000 | $111,000 | $1,648,000 |
| Cash-out Refinancing | 212 | $36,090,000 | $170,000 | $545,000 | $93,000 | $687,000 |
| Other Purpose | 36 | $4,190,000 | $116,000 | $435,000 | $109,000 | $462,000 |
| Home Improvement | 13 | $1,055,000 | $81,000 | $195,000 | $96,000 | $241,000 |
| Not Applicable | 0 | $0 | $0 | $0 | $0 | $0 |
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 | 1,020 | $159,250,000 | $156,000 | $1,755,000 | $106,000 | $1,800,000 |
| Not Provided | 61 | $9,685,000 | $158,000 | $755,000 | $196,000 | $1,543,000 |
| Not applicable | 24 | $4,170,000 | $173,000 | $1,525,000 | $0 | $0 |
| American Indian or Alaskan Native | 12 | $1,400,000 | $116,000 | $225,000 | $74,000 | $142,000 |
| Hispanic | 8 | $1,160,000 | $145,000 | $455,000 | $125,000 | $285,000 |
| Asian | 3 | $465,000 | $155,000 | $195,000 | $66,000 | $100,000 |
| Black or African American | 2 | $330,000 | $165,000 | $175,000 | $59,000 | $63,000 |
| Native Hawaiian or Other Pacific Islander | 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) | 1,087 | $170,895,000 | $157,000 | $1,755,000 | $113,000 | $1,800,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) | 43 | $5,565,000 | $129,000 | $195,000 | $49,000 | $89,000 |
| VA-guaranteed (Veterans Administration) | 0 | $0 | $0 | $0 | $0 | $0 |
| FHA-insured (Federal Housing 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 | 799 | $128,635,000 | $160,000 | $1,755,000 | $118,000 | $1,648,000 |
| Application Approved But Not Accepted | 155 | $23,895,000 | $154,000 | $525,000 | $101,000 | $960,000 |
| Application Denied By Financial Institution | 135 | $18,375,000 | $136,000 | $545,000 | $68,000 | $351,000 |
| Application Withdrawn By Applicant | 41 | $5,555,000 | $135,000 | $525,000 | $144,000 | $1,800,000 |
| 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 |
|---|---|---|---|---|---|---|
| Not applicable | 995 | $158,085,000 | $158,000 | $1,755,000 | $117,000 | $1,800,000 |
| Credit History | 54 | $5,580,000 | $103,000 | $305,000 | $65,000 | $163,000 |
| Debt-To-Income Ratio | 47 | $7,305,000 | $155,000 | $545,000 | $49,000 | $249,000 |
| Collateral | 26 | $3,930,000 | $151,000 | $545,000 | $91,000 | $257,000 |
| Unverifiable Information | 4 | $900,000 | $225,000 | $265,000 | $165,000 | $351,000 |
| Other | 2 | $140,000 | $70,000 | $135,000 | $38,000 | $54,000 |
| Employment History | 1 | $415,000 | $415,000 | $415,000 | $225,000 | $225,000 |
| Insufficient Cash (Downpayment, Closing Cost) | 1 | $105,000 | $105,000 | $105,000 | $54,000 | $54,000 |
| Mortgage Insurance Denied | 0 | $0 | $0 | $0 | $0 | $0 |
| Credit Application Incomplete | 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.