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 Member First Mortgage, 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 | Member First Mortgage, Llc 616 44Th Street Se Grand Rapids, MI 49548 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 2006 |
Total Number of Mortgage Applications | 7,365 |
Total Mortgage Loan Application Amount | $824,633,000 |
Average Mortgage Loan Application Amount | $116,000 |
Highest Mortgage Loan Application Amount | $1,120,000 |
Average Applicant Income | $75,500 |
Highest Applicant Income | $4,160,000 |
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 |
---|---|---|---|---|
Oakland County Michigan | 792 | $ 109,503,000 | $ 138,000 | $ 99,000 |
Macomb County Michigan | 477 | $ 56,303,000 | $ 118,000 | $ 82,000 |
Wayne County Michigan | 293 | $ 30,496,000 | $ 104,000 | $ 81,000 |
Washtenaw County Michigan | 289 | $ 50,523,000 | $ 174,000 | $ 113,000 |
Calhoun County Michigan | 183 | $ 18,777,000 | $ 102,000 | $ 69,000 |
Ingham County Michigan | 142 | $ 12,721,000 | $ 89,000 | $ 59,000 |
Eaton County Michigan | 118 | $ 12,041,000 | $ 102,000 | $ 75,000 |
Kent County Michigan | 112 | $ 12,069,000 | $ 107,000 | $ 71,000 |
Santa Clara County California | 106 | $ 33,338,000 | $ 314,000 | $ 115,000 |
Clinton County Michigan | 87 | $ 10,316,000 | $ 118,000 | $ 67,000 |
Charlevoix County Michigan | 83 | $ 9,044,000 | $ 108,000 | $ 53,000 |
Roscommon County Michigan | 77 | $ 6,274,000 | $ 81,000 | $ 69,000 |
Livingston County Michigan | 73 | $ 12,437,000 | $ 170,000 | $ 91,000 |
Ionia County Michigan | 71 | $ 7,066,000 | $ 99,000 | $ 54,000 |
Kalamazoo County Michigan | 71 | $ 7,341,000 | $ 103,000 | $ 70,000 |
Saginaw County Michigan | 70 | $ 7,016,000 | $ 100,000 | $ 70,000 |
St. Joseph County Michigan | 60 | $ 5,626,000 | $ 93,000 | $ 54,000 |
Lenawee County Michigan | 59 | $ 5,631,000 | $ 95,000 | $ 52,000 |
Emmet County Michigan | 42 | $ 4,579,000 | $ 109,000 | $ 55,000 |
Ottawa County Michigan | 41 | $ 4,297,000 | $ 104,000 | $ 59,000 |
Cheboygan County Michigan | 39 | $ 3,774,000 | $ 96,000 | $ 50,000 |
Grand Traverse County Michigan | 38 | $ 5,598,000 | $ 147,000 | $ 94,000 |
Bay County Michigan | 37 | $ 3,444,000 | $ 93,000 | $ 58,000 |
Genesee County Michigan | 37 | $ 3,847,000 | $ 103,000 | $ 126,000 |
Antrim County Michigan | 32 | $ 2,572,000 | $ 80,000 | $ 49,000 |
Crawford County Michigan | 31 | $ 2,391,000 | $ 77,000 | $ 47,000 |
Muskegon County Michigan | 30 | $ 3,295,000 | $ 109,000 | $ 79,000 |
St. Clair County Michigan | 29 | $ 3,553,000 | $ 122,000 | $ 79,000 |
Barry County Michigan | 28 | $ 3,046,000 | $ 108,000 | $ 67,000 |
Shiawassee County Michigan | 27 | $ 2,687,000 | $ 99,000 | $ 65,000 |
Montcalm County Michigan | 26 | $ 1,995,000 | $ 76,000 | $ 58,000 |
Jackson County Michigan | 25 | $ 2,832,000 | $ 113,000 | $ 69,000 |
Gratiot County Michigan | 23 | $ 2,060,000 | $ 89,000 | $ 48,000 |
Lapeer County Michigan | 21 | $ 3,647,000 | $ 173,000 | $ 105,000 |
Allegan County Michigan | 20 | $ 1,926,000 | $ 96,000 | $ 54,000 |
Marion County Indiana | 17 | $ 1,479,000 | $ 87,000 | $ 64,000 |
Dakota County Minnesota | 17 | $ 3,057,000 | $ 179,000 | $ 98,000 |
Gladwin County Michigan | 16 | $ 1,636,000 | $ 102,000 | $ 93,000 |
Van Buren County Michigan | 16 | $ 1,372,000 | $ 85,000 | $ 54,000 |
Montgomery County Pennsylvania | 16 | $ 2,864,000 | $ 179,000 | $ 149,000 |
Newaygo County Michigan | 12 | $ 964,000 | $ 80,000 | $ 61,000 |
LaPorte County Indiana | 11 | $ 1,312,000 | $ 119,000 | $ 98,000 |
Arenac County Michigan | 10 | $ 791,000 | $ 79,000 | $ 52,000 |
Midland County Michigan | 10 | $ 1,104,000 | $ 110,000 | $ 64,000 |
Alcona County Michigan | 9 | $ 800,000 | $ 88,000 | $ 82,000 |
Branch County Michigan | 9 | $ 1,164,000 | $ 129,000 | $ 61,000 |
Clare County Michigan | 9 | $ 652,000 | $ 72,000 | $ 73,000 |
Iosco County Michigan | 9 | $ 1,072,000 | $ 119,000 | $ 98,000 |
Wood County Ohio | 9 | $ 1,149,000 | $ 127,000 | $ 84,000 |
Leelanau County Michigan | 8 | $ 1,296,000 | $ 162,000 | $ 92,000 |
Manistee County Michigan | 8 | $ 627,000 | $ 78,000 | $ 72,000 |
Allen County Indiana | 7 | $ 508,000 | $ 72,000 | $ 79,000 |
Benzie County Michigan | 7 | $ 828,000 | $ 118,000 | $ 63,000 |
Hillsdale County Michigan | 7 | $ 654,000 | $ 93,000 | $ 63,000 |
Huron County Michigan | 7 | $ 923,000 | $ 131,000 | $ 114,000 |
Kalkaska County Michigan | 7 | $ 434,000 | $ 62,000 | $ 40,000 |
Lucas County Ohio | 7 | $ 557,000 | $ 79,000 | $ 43,000 |
Cass County Michigan | 6 | $ 452,000 | $ 75,000 | $ 61,000 |
Monroe County Michigan | 6 | $ 680,000 | $ 113,000 | $ 59,000 |
Otsego County Michigan | 6 | $ 804,000 | $ 134,000 | $ 106,000 |
Hennepin County Minnesota | 6 | $ 1,907,000 | $ 317,000 | $ 131,000 |
Ramsey County Minnesota | 6 | $ 907,000 | $ 151,000 | $ 56,000 |
Stark County Ohio | 6 | $ 635,000 | $ 105,000 | $ 44,000 |
Alameda County California | 5 | $ 2,176,000 | $ 435,000 | $ 170,000 |
Sacramento County California | 5 | $ 1,101,000 | $ 220,000 | $ 98,000 |
Lee County Florida | 5 | $ 628,000 | $ 125,000 | $ 143,000 |
Chippewa County Michigan | 5 | $ 675,000 | $ 135,000 | $ 63,000 |
Mason County Michigan | 5 | $ 583,000 | $ 116,000 | $ 68,000 |
Presque Isle County Michigan | 5 | $ 721,000 | $ 144,000 | $ 84,000 |
Greenwood County South Carolina | 5 | $ 267,000 | $ 53,000 | $ 69,000 |
Fulton County Georgia | 4 | $ 672,000 | $ 168,000 | $ 68,000 |
Porter County Indiana | 4 | $ 722,000 | $ 180,000 | $ 90,000 |
Mackinac County Michigan | 4 | $ 496,000 | $ 124,000 | $ 62,000 |
Mecosta County Michigan | 4 | $ 427,000 | $ 106,000 | $ 97,000 |
Missaukee County Michigan | 4 | $ 329,000 | $ 82,000 | $ 45,000 |
Oceana County Michigan | 4 | $ 409,000 | $ 102,000 | $ 69,000 |
Osceola County Michigan | 4 | $ 237,000 | $ 59,000 | $ 66,000 |
Tuscola County Michigan | 4 | $ 323,000 | $ 80,000 | $ 45,000 |
Anoka County Minnesota | 4 | $ 514,000 | $ 128,000 | $ 66,000 |
Ottawa County Ohio | 4 | $ 606,000 | $ 151,000 | $ 63,000 |
Chester County Pennsylvania | 4 | $ 672,000 | $ 168,000 | $ 138,000 |
Fresno County California | 3 | $ 443,000 | $ 147,000 | $ 97,000 |
Orange County California | 3 | $ 937,000 | $ 312,000 | $ 142,000 |
Charlotte County Florida | 3 | $ 310,000 | $ 103,000 | $ 82,000 |
Cook County Illinois | 3 | $ 254,000 | $ 84,000 | $ 103,000 |
Elkhart County Indiana | 3 | $ 248,000 | $ 82,000 | $ 85,000 |
Johnson County Indiana | 3 | $ 556,000 | $ 185,000 | $ 127,000 |
Shelby County Indiana | 3 | $ 341,000 | $ 113,000 | $ 66,000 |
Wayne County Indiana | 3 | $ 381,000 | $ 127,000 | $ 97,000 |
Lake County Michigan | 3 | $ 211,000 | $ 70,000 | $ 113,000 |
Ogemaw County Michigan | 3 | $ 166,000 | $ 55,000 | $ 83,000 |
Philadelphia County Pennsylvania | 3 | $ 489,000 | $ 163,000 | $ 155,000 |
Harris County Texas | 3 | $ 445,000 | $ 148,000 | $ 124,000 |
Contra Costa County California | 2 | $ 950,000 | $ 475,000 | $ 165,000 |
Los Angeles County California | 2 | $ 569,000 | $ 284,000 | $ 169,000 |
Riverside County California | 2 | $ 120,000 | $ 60,000 | $ 190,000 |
San Diego County California | 2 | $ 469,000 | $ 234,000 | $ 207,000 |
San Mateo County California | 2 | $ 1,178,000 | $ 589,000 | $ 220,000 |
Fairfield County Connecticut | 2 | $ 270,000 | $ 135,000 | $ 33,000 |
Broward County Florida | 2 | $ 426,000 | $ 213,000 | $ 76,000 |
Martin County Florida | 2 | $ 180,000 | $ 90,000 | $ 76,000 |
Cherokee County Georgia | 2 | $ 247,000 | $ 123,000 | $ 108,000 |
Cobb County Georgia | 2 | $ 260,000 | $ 130,000 | $ 122,000 |
Gwinnett County Georgia | 2 | $ 275,000 | $ 137,000 | $ 157,000 |
Lake County Illinois | 2 | $ 354,000 | $ 177,000 | $ 124,000 |
Winnebago County Illinois | 2 | $ 146,000 | $ 73,000 | $ 56,000 |
Hamilton County Indiana | 2 | $ 396,000 | $ 198,000 | $ 155,000 |
Hancock County Indiana | 2 | $ 167,000 | $ 83,000 | $ 63,000 |
Jasper County Indiana | 2 | $ 153,000 | $ 76,000 | $ 63,000 |
Morgan County Indiana | 2 | $ 208,000 | $ 104,000 | $ 62,000 |
Polk County Iowa | 2 | $ 400,000 | $ 200,000 | $ 165,000 |
Alpena County Michigan | 2 | $ 176,000 | $ 88,000 | $ 83,000 |
Houghton County Michigan | 2 | $ 265,000 | $ 132,000 | $ 228,000 |
Isabella County Michigan | 2 | $ 241,000 | $ 120,000 | $ 67,000 |
Wexford County Michigan | 2 | $ 193,000 | $ 96,000 | $ 190,000 |
Cape May County New Jersey | 2 | $ 261,000 | $ 130,000 | $ 52,000 |
Middlesex County New Jersey | 2 | $ 585,000 | $ 292,000 | $ 92,000 |
Wake County North Carolina | 2 | $ 402,000 | $ 201,000 | $ 66,000 |
Wayne County Ohio | 2 | $ 177,000 | $ 88,000 | $ 22,000 |
Lancaster County Pennsylvania | 2 | $ 336,000 | $ 168,000 | $ 153,000 |
Kern County California | 1 | $ 69,000 | $ 69,000 | $ 22,000 |
Lake County California | 1 | $ 65,000 | $ 65,000 | $ 43,000 |
Nevada County California | 1 | $ 292,000 | $ 292,000 | $ 250,000 |
San Benito County California | 1 | $ 194,000 | $ 194,000 | $ 52,000 |
San Bernardino County California | 1 | $ 210,000 | $ 210,000 | $ 107,000 |
San Joaquin County California | 1 | $ 330,000 | $ 330,000 | $ 139,000 |
Santa Barbara County California | 1 | $ 166,000 | $ 166,000 | $ 59,000 |
Santa Cruz County California | 1 | $ 43,000 | $ 43,000 | $ 54,000 |
Solano County California | 1 | $ 50,000 | $ 50,000 | $ 70,000 |
Tuolumne County California | 1 | $ 200,000 | $ 200,000 | $ 110,000 |
Yuba County California | 1 | $ 102,000 | $ 102,000 | $ 35,000 |
Adams County Colorado | 1 | $ 177,000 | $ 177,000 | $ 26,000 |
Boulder County Colorado | 1 | $ 178,000 | $ 178,000 | $ 121,000 |
Douglas County Colorado | 1 | $ 195,000 | $ 195,000 | $ 140,000 |
La Plata County Colorado | 1 | $ 270,000 | $ 270,000 | $ 141,000 |
New Haven County Connecticut | 1 | $ 118,000 | $ 118,000 | $ 121,000 |
Duval County Florida | 1 | $ 150,000 | $ 150,000 | $ 110,000 |
Hernando County Florida | 1 | $ 59,000 | $ 59,000 | $ 36,000 |
Orange County Florida | 1 | $ 64,000 | $ 64,000 | $ 24,000 |
Palm Beach County Florida | 1 | $ 180,000 | $ 180,000 | $ 129,000 |
Pinellas County Florida | 1 | $ 96,000 | $ 96,000 | $ 35,000 |
Putnam County Florida | 1 | $ 51,000 | $ 51,000 | $ 24,000 |
Sumter County Florida | 1 | $ 113,000 | $ 113,000 | $ 74,000 |
Chatham County Georgia | 1 | $ 222,000 | $ 222,000 | $ 114,000 |
DeKalb County Georgia | 1 | $ 240,000 | $ 240,000 | $ 105,000 |
Douglas County Georgia | 1 | $ 257,000 | $ 257,000 | $ 90,000 |
Paulding County Georgia | 1 | $ 90,000 | $ 90,000 | $ 142,000 |
Kendall County Illinois | 1 | $ 267,000 | $ 267,000 | $ 153,000 |
Perry County Illinois | 1 | $ 58,000 | $ 58,000 | $ 63,000 |
Boone County Indiana | 1 | $ 148,000 | $ 148,000 | $ 56,000 |
Decatur County Indiana | 1 | $ 68,000 | $ 68,000 | $ 41,000 |
Huntington County Indiana | 1 | $ 66,000 | $ 66,000 | $ 87,000 |
Kosciusko County Indiana | 1 | $ 53,000 | $ 53,000 | $ 15,000 |
Lake County Indiana | 1 | $ 78,000 | $ 78,000 | $ 136,000 |
Monroe County Indiana | 1 | $ 124,000 | $ 124,000 | $ 56,000 |
Pulaski County Indiana | 1 | $ 80,000 | $ 80,000 | $ 22,000 |
St. Joseph County Indiana | 1 | $ 35,000 | $ 35,000 | $ 51,000 |
Jasper County Iowa | 1 | $ 80,000 | $ 80,000 | $ 58,000 |
Calloway County Kentucky | 1 | $ 153,000 | $ 153,000 | $ 53,000 |
Christian County Kentucky | 1 | $ 70,000 | $ 70,000 | $ 38,000 |
Berrien County Michigan | 1 | $ 100,000 | $ 100,000 | $ 54,000 |
Delta County Michigan | 1 | $ 142,000 | $ 142,000 | $ 128,000 |
Keweenaw County Michigan | 1 | $ 87,000 | $ 87,000 | $ 96,000 |
Marquette County Michigan | 1 | $ 34,000 | $ 34,000 | $ 48,000 |
Montmorency County Michigan | 1 | $ 225,000 | $ 225,000 | $ 456,000 |
Oscoda County Michigan | 1 | $ 121,000 | $ 121,000 | $ 71,000 |
Sanilac County Michigan | 1 | $ 55,000 | $ 55,000 | $ 69,000 |
Schoolcraft County Michigan | 1 | $ 68,000 | $ 68,000 | $ 47,000 |
Chisago County Minnesota | 1 | $ 180,000 | $ 180,000 | $ 80,000 |
Douglas County Minnesota | 1 | $ 50,000 | $ 50,000 | $ 79,000 |
Washington County Minnesota | 1 | $ 137,000 | $ 137,000 | $ 49,000 |
Flathead County Montana | 1 | $ 181,000 | $ 181,000 | $ 76,000 |
Atlantic County New Jersey | 1 | $ 135,000 | $ 135,000 | $ 145,000 |
Hunterdon County New Jersey | 1 | $ 300,000 | $ 300,000 | $ 125,000 |
Mercer County New Jersey | 1 | $ 250,000 | $ 250,000 | $ 129,000 |
Somerset County New Jersey | 1 | $ 225,000 | $ 225,000 | $ 164,000 |
Warren County New Jersey | 1 | $ 188,000 | $ 188,000 | $ 99,000 |
Currituck County North Carolina | 1 | $ 365,000 | $ 365,000 | $ 214,000 |
Iredell County North Carolina | 1 | $ 230,000 | $ 230,000 | $ 105,000 |
Mecklenburg County North Carolina | 1 | $ 75,000 | $ 75,000 | $ 82,000 |
Allen County Ohio | 1 | $ 80,000 | $ 80,000 | $ 45,000 |
Butler County Ohio | 1 | $ 110,000 | $ 110,000 | $ 25,000 |
Cuyahoga County Ohio | 1 | $ 100,000 | $ 100,000 | $ 29,000 |
Fulton County Ohio | 1 | $ 155,000 | $ 155,000 | $ 47,000 |
Geauga County Ohio | 1 | $ 136,000 | $ 136,000 | $ 132,000 |
Lake County Ohio | 1 | $ 161,000 | $ 161,000 | $ 60,000 |
Medina County Ohio | 1 | $ 180,000 | $ 180,000 | $ 136,000 |
Sandusky County Ohio | 1 | $ 75,000 | $ 75,000 | $ 84,000 |
Berks County Pennsylvania | 1 | $ 399,000 | $ 399,000 | $ 214,000 |
Clearfield County Pennsylvania | 1 | $ 127,000 | $ 127,000 | $ 122,000 |
Northampton County Pennsylvania | 1 | $ 181,000 | $ 181,000 | $ 97,000 |
Horry County South Carolina | 1 | $ 225,000 | $ 225,000 | $ 109,000 |
Laurens County South Carolina | 1 | $ 48,000 | $ 48,000 | $ 60,000 |
McCormick County South Carolina | 1 | $ 175,000 | $ 175,000 | $ 137,000 |
Cheatham County Tennessee | 1 | $ 176,000 | $ 176,000 | $ 76,000 |
Davidson County Tennessee | 1 | $ 158,000 | $ 158,000 | $ 48,000 |
Weakley County Tennessee | 1 | $ 60,000 | $ 60,000 | $ 29,000 |
Williamson County Tennessee | 1 | $ 241,000 | $ 241,000 | $ 162,000 |
Collin County Texas | 1 | $ 230,000 | $ 230,000 | $ 113,000 |
Dallas County Texas | 1 | $ 222,000 | $ 222,000 | $ 88,000 |
Travis County Texas | 1 | $ 224,000 | $ 224,000 | $ 105,000 |
Arlington County Virginia | 1 | $ 275,000 | $ 275,000 | $ 237,000 |
Fairfax County Virginia | 1 | $ 50,000 | $ 50,000 | $ 125,000 |
Fauquier County Virginia | 1 | $ 196,000 | $ 196,000 | $ 68,000 |
Henrico County Virginia | 1 | $ 170,000 | $ 170,000 | $ 83,000 |
Loudoun County Virginia | 1 | $ 184,000 | $ 184,000 | $ 98,000 |
Mecklenburg County Virginia | 1 | $ 292,000 | $ 292,000 | $ 290,000 |
Pierce County Washington | 1 | $ 400,000 | $ 400,000 | $ 193,000 |
Burnett County Wisconsin | 1 | $ 145,000 | $ 145,000 | $ 145,000 |
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.
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 | 4,444 | $419,953,000 | $94,000 | $885,000 | $62,000 | $3,880,000 |
Refinancing | 2,921 | $404,680,000 | $138,000 | $1,120,000 | $89,000 | $4,160,000 |
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 | 5,661 | $629,993,000 | $111,000 | $1,120,000 | $74,000 | $4,160,000 |
Not Provided | 811 | $95,348,000 | $117,000 | $785,000 | $72,000 | $1,260,000 |
Black or African American | 439 | $35,729,000 | $81,000 | $399,000 | $59,000 | $1,404,000 |
Hispanic | 217 | $26,338,000 | $121,000 | $635,000 | $60,000 | $252,000 |
Asian | 178 | $31,321,000 | $175,000 | $720,000 | $93,000 | $295,000 |
American Indian or Alaskan Native | 44 | $3,104,000 | $70,000 | $174,000 | $52,000 | $320,000 |
Native Hawaiian or Other Pacific Islander | 15 | $2,800,000 | $186,000 | $550,000 | $101,000 | $303,000 |
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) | 4,347 | $572,764,000 | $131,000 | $1,120,000 | $87,000 | $3,880,000 |
FHA-insured (Federal Housing Administration) | 2,140 | $175,982,000 | $82,000 | $300,000 | $51,000 | $4,160,000 |
FSA/RHS (Farm Service Agency or Rural Housing Service) | 760 | $63,855,000 | $84,000 | $375,000 | $59,000 | $2,964,000 |
VA-guaranteed (Veterans Administration) | 118 | $12,032,000 | $101,000 | $417,000 | $58,000 | $306,000 |
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 | 1,961 | $245,294,000 | $125,000 | $1,120,000 | $84,000 | $1,000,000 |
File Closed For Incompleteness | 1,499 | $173,983,000 | $116,000 | $729,000 | $70,000 | $1,404,000 |
Preapproval Denied by Financial Institution | 1,479 | $114,602,000 | $77,000 | $500,000 | $54,000 | $2,964,000 |
Application Denied By Financial Institution | 980 | $112,643,000 | $114,000 | $970,000 | $71,000 | $4,160,000 |
Preapproval Approved but not Accepted | 830 | $91,056,000 | $109,000 | $520,000 | $70,000 | $3,880,000 |
Application Withdrawn By Applicant | 615 | $86,990,000 | $141,000 | $720,000 | $98,000 | $1,539,000 |
Application Approved But Not Accepted | 1 | $65,000 | $65,000 | $65,000 | $50,000 | $50,000 |
Loan Purchased By The 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 |
---|---|---|---|---|---|---|
Credit History | 1,546 | $124,611,000 | $80,000 | $500,000 | $63,000 | $4,160,000 |
Debt-To-Income Ratio | 359 | $41,184,000 | $114,000 | $785,000 | $42,000 | $231,000 |
Collateral | 336 | $40,117,000 | $119,000 | $970,000 | $73,000 | $420,000 |
Other | 88 | $8,705,000 | $98,000 | $417,000 | $68,000 | $322,000 |
Employment History | 76 | $6,451,000 | $84,000 | $530,000 | $42,000 | $125,000 |
Credit Application Incomplete | 28 | $3,537,000 | $126,000 | $342,000 | $73,000 | $236,000 |
Insufficient Cash (Downpayment, Closing Cost) | 13 | $1,195,000 | $91,000 | $360,000 | $49,000 | $100,000 |
Unverifiable Information | 9 | $973,000 | $108,000 | $263,000 | $98,000 | $360,000 |
Mortgage Insurance Denied | 4 | $472,000 | $118,000 | $124,000 | $89,000 | $154,000 |
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.