Mbs Mortgage Company Llc
Mortgage Loan Application
Totals and Details
for 2007

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 Mbs Mortgage Company Llc.
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 Mbs Mortgage Company Llc
28345 Beck Rd.
Wixom, MI 48393
Tel #: available with data download
Federal Regulator * available with data download
Years 2008  2007  
Total Number of Mortgage Applications 621
Total Mortgage Loan Application Amount $100,168,000
Average Mortgage Loan Application Amount $159,500
Highest Mortgage Loan Application Amount $800,000
Average Applicant Income $68,500
Highest Applicant Income $940,000

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 Mbs Mortgage Company Llc by Metropolitan Area in 2007

Metro Area Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Application Amount Average Applicant Income
DETROIT-LIVONIA-DEARBORN, MI 126 $ 15,157,000 $ 120,000 $ 58,000
WARREN-TROY-FARMINGTON HILLS, MI 109 $ 19,230,000 $ 176,000 $ 75,000
ATLANTA-SANDY SPRINGS-MARIETTA, GA 49 $ 8,677,000 $ 177,000 $ 68,000
WEST PALM BEACH-BOCA RATON-BOYNTON BEACH, FL 22 $ 4,907,000 $ 223,000 $ 79,000
CHATTANOOGA, TN-GA 16 $ 2,350,000 $ 133,000 $ 70,500
FLINT, MI 15 $ 1,850,000 $ 123,000 $ 47,000
MEMPHIS, TN-MS-AR 13 $ 1,243,000 $ 120,500 $ 71,500
TAMPA-ST. PETERSBURG-CLEARWATER, FL 13 $ 2,667,000 $ 205,000 $ 67,000
ORLANDO-KISSIMMEE, FL 10 $ 2,188,000 $ 218,000 $ 64,000
NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN 9 $ 1,194,000 $ 132,000 $ 47,000
JACKSONVILLE, NC 8 $ 971,000 $ 121,000 $ 46,000
DALLAS-PLANO-IRVING, TX 7 $ 802,000 $ 114,000 $ 22,000
GRAND RAPIDS-WYOMING, MI 7 $ 837,000 $ 119,000 $ 45,000
KILLEEN-TEMPLE-FORT HOOD, TX 7 $ 1,088,000 $ 155,000 $ 55,000
LANSING-EAST LANSING, MI 7 $ 804,000 $ 114,000 $ 56,000
SEATTLE-BELLEVUE-EVERETT, WA 7 $ 1,863,000 $ 266,000 $ 76,000
CAPE CORAL-FORT MYERS, FL 6 $ 923,000 $ 153,000 $ 50,000
FORT LAUDERDALE-POMPANO BEACH-DEERFIELD BEACH, FL 6 $ 1,694,000 $ 282,000 $ 57,000
HOUSTON-SUGAR LAND-BAYTOWN, TX 6 $ 808,000 $ 134,000 $ 91,000
JACKSON, MS 6 $ 1,417,000 $ 236,000 $ 128,000
ANN ARBOR, MI 5 $ 859,000 $ 171,000 $ 76,000
JACKSONVILLE, FL 5 $ 1,399,000 $ 279,000 $ 87,000
MIAMI-MIAMI BEACH-KENDALL, FL 5 $ 1,539,000 $ 307,000 $ 171,000
CHARLOTTE-GASTONIA-CONCORD, NC-SC 4 $ 606,000 $ 151,000 $ 29,000
COLUMBUS, GA-AL 4 $ 570,000 $ 142,000 $ 0
KNOXVILLE, TN 4 $ 563,000 $ 140,000 $ 69,000
WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV 4 $ 1,054,000 $ 263,500 $ 193,000
AUSTIN-ROUND ROCK, TX 3 $ 577,000 $ 192,000 $ 94,000
BIRMINGHAM-HOOVER, AL 3 $ 495,000 $ 165,000 $ 52,000
COLORADO SPRINGS, CO 3 $ 530,000 $ 176,000 $ 0
FAYETTEVILLE, NC 3 $ 527,000 $ 175,000 $ 0
FORT WORTH-ARLINGTON, TX 3 $ 534,000 $ 178,000 $ 49,000
HICKORY-LENOIR-MORGANTON, NC 3 $ 424,000 $ 141,000 $ 49,000
INDIANAPOLIS-CARMEL, IN 3 $ 374,000 $ 124,000 $ 67,000
MONROE, MI 3 $ 420,000 $ 140,000 $ 46,000
NEW ORLEANS-METAIRIE-KENNER, LA 3 $ 321,000 $ 107,000 $ 45,000
PHOENIX-MESA-SCOTTSDALE, AZ 3 $ 682,000 $ 227,000 $ 88,000
SAN ANTONIO, TX 3 $ 827,000 $ 275,000 $ 123,000
SAVANNAH, GA 3 $ 438,000 $ 146,000 $ 147,000
CLARKSVILLE, TN-KY 2 $ 309,000 $ 154,000 $ 0
DELTONA-DAYTONA BEACH-ORMOND BEACH, FL 2 $ 337,000 $ 168,000 $ 68,000
GREELEY, CO 2 $ 258,000 $ 129,000 $ 15,000
HONOLULU, HI 2 $ 641,000 $ 320,000 $ 97,000
JACKSON, MI 2 $ 334,000 $ 167,000 $ 59,000
MORRISTOWN, TN 2 $ 982,000 $ 491,000 $ 516,000
PALM COAST, FL 2 $ 324,000 $ 162,000 $ 49,000
PENSACOLA-FERRY PASS-BRENT, FL 2 $ 364,000 $ 182,000 $ 48,000
SAGINAW-SAGINAW TOWNSHIP NORTH, MI 2 $ 198,000 $ 99,000 $ 46,000
TALLAHASSEE, FL 2 $ 510,000 $ 255,000 $ 205,000
TUCSON, AZ 2 $ 442,000 $ 221,000 $ 69,000
ANDERSON, IN 1 $ 70,000 $ 70,000 $ 33,000
ASHEVILLE, NC 1 $ 216,000 $ 216,000 $ 40,000
BALTIMORE-TOWSON, MD 1 $ 227,000 $ 227,000 $ 57,000
BATON ROUGE, LA 1 $ 179,000 $ 179,000 $ 45,000
BATTLE CREEK, MI 1 $ 125,000 $ 125,000 $ 70,000
CHICAGO-NAPERVILLE-JOLIET, IL 1 $ 135,000 $ 135,000 $ 42,000
CLEVELAND, TN 1 $ 246,000 $ 246,000 $ 77,000
COLUMBIA, SC 1 $ 187,000 $ 187,000 $ 0
DENVER-AURORA, CO 1 $ 247,000 $ 247,000 $ 0
FLORENCE, SC 1 $ 191,000 $ 191,000 $ 39,000
FLORENCE-MUSCLE SHOALS, AL 1 $ 126,000 $ 126,000 $ 0
FORT WALTON BEACH-CRESTVIEW-DESTIN, FL 1 $ 169,000 $ 169,000 $ 126,000
GAINESVILLE, FL 1 $ 112,000 $ 112,000 $ 94,000
HOLLAND-GRAND HAVEN, MI 1 $ 121,000 $ 121,000 $ 45,000
JACKSON, TN 1 $ 77,000 $ 77,000 $ 323,000
KALAMAZOO-PORTAGE, MI 1 $ 86,000 $ 86,000 $ 38,000
KINGSPORT-BRISTOL-BRISTOL, TN-VA 1 $ 85,000 $ 85,000 $ 15,000
LAFAYETTE, LA 1 $ 202,000 $ 202,000 $ 71,000
LAKELAND, FL 1 $ 196,000 $ 196,000 $ 50,000
MONTGOMERY, AL 1 $ 202,000 $ 202,000 $ 0
MUNCIE, IN 1 $ 68,000 $ 68,000 $ 32,000
OCALA, FL 1 $ 118,000 $ 118,000 $ 58,000
PALM BAY-MELBOURNE-TITUSVILLE, FL 1 $ 180,000 $ 180,000 $ 97,000
PORT ST. LUCIE, FL 1 $ 300,000 $ 300,000 $ 82,000
SALEM, OR 1 $ 144,000 $ 144,000 $ 40,000
SEBASTIAN-VERO BEACH, FL 1 $ 216,000 $ 216,000 $ 62,000
SPARTANBURG, SC 1 $ 121,000 $ 121,000 $ 0
ST. LOUIS, MO-IL 1 $ 173,000 $ 173,000 $ 79,000
VALDOSTA, GA 1 $ 157,000 $ 157,000 $ 0
VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC 1 $ 175,000 $ 175,000 $ 130,000
WARNER ROBINS, GA 1 $ 79,000 $ 79,000 $ 0
WINSTON-SALEM, NC 1 $ 473,000 $ 473,000 $ 164,000
YORK-HANOVER, PA 1 $ 328,000 $ 328,000 $ 125,000

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 Mbs Mortgage Company Llc in 2007

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 351 $60,159,000 $171,000 $769,000 $65,000 $349,000
Home Purchase 270 $40,009,000 $148,000 $800,000 $72,000 $940,000
Home Improvement 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 394 $64,456,000 $163,000 $800,000 $73,000 $940,000
Black or African American 97 $14,696,000 $151,000 $394,000 $46,000 $204,000
Not Provided 89 $14,280,000 $160,000 $473,000 $76,000 $323,000
Hispanic 32 $5,041,000 $157,000 $384,000 $55,000 $117,000
American Indian or Alaskan Native 4 $603,000 $150,000 $215,000 $53,000 $175,000
Native Hawaiian or Other Pacific Islander 3 $635,000 $211,000 $292,000 $79,000 $119,000
Asian 2 $457,000 $228,000 $257,000 $70,000 $90,000
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
Conventional (any loan other than FHA, VA, FSA, or RHS loans) 339 $57,854,000 $170,000 $800,000 $84,000 $940,000
FHA-insured (Federal Housing Administration) 237 $35,122,000 $148,000 $350,000 $56,000 $154,000
VA-guaranteed (Veterans Administration) 44 $6,976,000 $158,000 $281,000 $5,000 $65,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 1 $216,000 $216,000 $216,000 $507,000 $507,000

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 379 $60,376,000 $159,000 $680,000 $66,000 $507,000
Application Denied By Financial Institution 155 $25,003,000 $161,000 $769,000 $68,000 $377,000
Application Withdrawn By Applicant 44 $7,569,000 $172,000 $800,000 $95,000 $940,000
Application Approved But Not Accepted 38 $6,584,000 $173,000 $700,000 $68,000 $186,000
File Closed For Incompleteness 5 $636,000 $127,000 $181,000 $39,000 $58,000
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
Debt-To-Income Ratio 61 $10,286,000 $168,000 $473,000 $52,000 $164,000
Credit History 44 $6,271,000 $142,000 $364,000 $63,000 $185,000
Collateral 24 $3,835,000 $159,000 $353,000 $98,000 $377,000
Unverifiable Information 7 $1,232,000 $176,000 $409,000 $117,000 $323,000
Other 5 $1,292,000 $258,000 $769,000 $142,000 $349,000
Credit Application Incomplete 4 $467,000 $116,000 $135,000 $41,000 $72,000
Employment History 3 $538,000 $179,000 $270,000 $52,000 $78,000
Mortgage Insurance Denied 1 $173,000 $173,000 $173,000 $52,000 $52,000
Insufficient Cash (Downpayment, Closing Cost) 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.

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