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 | 5,125 |
Total Mortgage Loan Application Amount | $651,933,000 |
Average Mortgage Loan Application Amount | $125,000 |
Highest Mortgage Loan Application Amount | $964,000 |
Average Applicant Income | $77,000 |
Highest Applicant Income | $2,469,000 |
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 | 775 | $ 117,233,000 | $ 151,000 | $ 91,000 |
Wayne County Michigan | 584 | $ 61,861,000 | $ 105,000 | $ 72,000 |
Macomb County Michigan | 561 | $ 70,413,000 | $ 125,000 | $ 80,000 |
Washtenaw County Michigan | 286 | $ 49,236,000 | $ 172,000 | $ 103,000 |
Calhoun County Michigan | 167 | $ 14,320,000 | $ 85,000 | $ 68,000 |
Grand Traverse County Michigan | 137 | $ 18,147,000 | $ 132,000 | $ 66,000 |
Saginaw County Michigan | 133 | $ 13,434,000 | $ 101,000 | $ 61,000 |
Ingham County Michigan | 112 | $ 9,796,000 | $ 87,000 | $ 59,000 |
Kent County Michigan | 102 | $ 13,183,000 | $ 129,000 | $ 76,000 |
St. Joseph County Michigan | 102 | $ 10,122,000 | $ 99,000 | $ 53,000 |
Eaton County Michigan | 98 | $ 11,912,000 | $ 121,000 | $ 71,000 |
Bay County Michigan | 97 | $ 7,657,000 | $ 78,000 | $ 62,000 |
Charlevoix County Michigan | 82 | $ 9,714,000 | $ 118,000 | $ 69,000 |
Genesee County Michigan | 82 | $ 8,529,000 | $ 104,000 | $ 64,000 |
Ionia County Michigan | 77 | $ 7,370,000 | $ 95,000 | $ 55,000 |
Muskegon County Michigan | 74 | $ 7,635,000 | $ 103,000 | $ 62,000 |
Livingston County Michigan | 72 | $ 12,094,000 | $ 167,000 | $ 90,000 |
Santa Clara County California | 71 | $ 26,779,000 | $ 377,000 | $ 126,000 |
Roscommon County Michigan | 67 | $ 5,378,000 | $ 80,000 | $ 59,000 |
Clinton County Michigan | 63 | $ 8,357,000 | $ 132,000 | $ 82,000 |
Ottawa County Michigan | 62 | $ 7,088,000 | $ 114,000 | $ 59,000 |
Barry County Michigan | 57 | $ 5,605,000 | $ 98,000 | $ 58,000 |
Kalamazoo County Michigan | 57 | $ 6,506,000 | $ 114,000 | $ 74,000 |
Montcalm County Michigan | 56 | $ 4,667,000 | $ 83,000 | $ 52,000 |
Emmet County Michigan | 52 | $ 6,659,000 | $ 128,000 | $ 64,000 |
St. Clair County Michigan | 48 | $ 6,480,000 | $ 135,000 | $ 85,000 |
Lenawee County Michigan | 47 | $ 4,578,000 | $ 97,000 | $ 49,000 |
Gratiot County Michigan | 38 | $ 3,048,000 | $ 80,000 | $ 50,000 |
Shiawassee County Michigan | 38 | $ 3,177,000 | $ 83,000 | $ 46,000 |
Antrim County Michigan | 37 | $ 4,385,000 | $ 118,000 | $ 62,000 |
Jackson County Michigan | 35 | $ 3,544,000 | $ 101,000 | $ 59,000 |
Allegan County Michigan | 32 | $ 3,666,000 | $ 114,000 | $ 48,000 |
Leelanau County Michigan | 28 | $ 4,221,000 | $ 150,000 | $ 83,000 |
Cheboygan County Michigan | 26 | $ 2,453,000 | $ 94,000 | $ 75,000 |
Lapeer County Michigan | 26 | $ 4,360,000 | $ 167,000 | $ 93,000 |
Crawford County Michigan | 25 | $ 1,889,000 | $ 75,000 | $ 48,000 |
Newaygo County Michigan | 25 | $ 2,364,000 | $ 94,000 | $ 50,000 |
Arenac County Michigan | 24 | $ 1,585,000 | $ 66,000 | $ 53,000 |
Kalkaska County Michigan | 24 | $ 2,498,000 | $ 104,000 | $ 50,000 |
Guilford County North Carolina | 24 | $ 3,764,000 | $ 156,000 | $ 102,000 |
Oceana County Michigan | 23 | $ 2,203,000 | $ 95,000 | $ 70,000 |
Campbell County Wyoming | 21 | $ 3,644,000 | $ 173,000 | $ 69,000 |
Van Buren County Michigan | 19 | $ 1,952,000 | $ 102,000 | $ 45,000 |
Monroe County Michigan | 17 | $ 2,044,000 | $ 120,000 | $ 209,000 |
Benzie County Michigan | 16 | $ 2,085,000 | $ 130,000 | $ 70,000 |
Gladwin County Michigan | 16 | $ 1,575,000 | $ 98,000 | $ 78,000 |
Branch County Michigan | 15 | $ 1,360,000 | $ 90,000 | $ 67,000 |
Lake County Indiana | 14 | $ 2,127,000 | $ 151,000 | $ 92,000 |
Marion County Indiana | 14 | $ 1,338,000 | $ 95,000 | $ 39,000 |
Iosco County Michigan | 14 | $ 1,179,000 | $ 84,000 | $ 76,000 |
Porter County Indiana | 13 | $ 1,966,000 | $ 151,000 | $ 69,000 |
St. Joseph County Indiana | 13 | $ 1,253,000 | $ 96,000 | $ 47,000 |
Manistee County Michigan | 12 | $ 1,309,000 | $ 109,000 | $ 56,000 |
Lucas County Ohio | 12 | $ 1,486,000 | $ 123,000 | $ 80,000 |
Clare County Michigan | 11 | $ 750,000 | $ 68,000 | $ 73,000 |
Midland County Michigan | 11 | $ 927,000 | $ 84,000 | $ 60,000 |
San Benito County California | 10 | $ 2,961,000 | $ 296,000 | $ 127,000 |
Cass County Michigan | 10 | $ 1,244,000 | $ 124,000 | $ 38,000 |
Isabella County Michigan | 10 | $ 979,000 | $ 97,000 | $ 58,000 |
Mecosta County Michigan | 10 | $ 967,000 | $ 96,000 | $ 78,000 |
Dakota County Minnesota | 10 | $ 2,003,000 | $ 200,000 | $ 76,000 |
Greenwood County South Carolina | 10 | $ 895,000 | $ 89,000 | $ 50,000 |
Huron County Michigan | 9 | $ 957,000 | $ 106,000 | $ 117,000 |
Tuscola County Michigan | 9 | $ 783,000 | $ 87,000 | $ 57,000 |
Hennepin County Minnesota | 9 | $ 1,363,000 | $ 151,000 | $ 129,000 |
Stark County Ohio | 8 | $ 709,000 | $ 88,000 | $ 54,000 |
Montgomery County Pennsylvania | 8 | $ 1,649,000 | $ 206,000 | $ 153,000 |
Cook County Illinois | 7 | $ 1,228,000 | $ 175,000 | $ 148,000 |
Alcona County Michigan | 7 | $ 324,000 | $ 46,000 | $ 81,000 |
Mason County Michigan | 7 | $ 668,000 | $ 95,000 | $ 60,000 |
Osceola County Michigan | 7 | $ 736,000 | $ 105,000 | $ 75,000 |
Wexford County Michigan | 7 | $ 644,000 | $ 92,000 | $ 49,000 |
Wood County Ohio | 7 | $ 823,000 | $ 117,000 | $ 78,000 |
Ogemaw County Michigan | 6 | $ 482,000 | $ 80,000 | $ 93,000 |
Otsego County Michigan | 6 | $ 632,000 | $ 105,000 | $ 43,000 |
Sanilac County Michigan | 6 | $ 784,000 | $ 130,000 | $ 75,000 |
Ramsey County Minnesota | 6 | $ 1,281,000 | $ 213,000 | $ 103,000 |
Hillsdale County Michigan | 5 | $ 398,000 | $ 79,000 | $ 42,000 |
Scott County Minnesota | 5 | $ 1,224,000 | $ 244,000 | $ 108,000 |
Alameda County California | 4 | $ 1,732,000 | $ 433,000 | $ 158,000 |
Merced County California | 4 | $ 872,000 | $ 218,000 | $ 98,000 |
Pinellas County Florida | 4 | $ 1,159,000 | $ 289,000 | $ 205,000 |
Howard County Indiana | 4 | $ 251,000 | $ 62,000 | $ 49,000 |
Lake County Michigan | 4 | $ 287,000 | $ 71,000 | $ 88,000 |
Ottawa County Ohio | 4 | $ 424,000 | $ 106,000 | $ 62,000 |
Chester County Pennsylvania | 4 | $ 693,000 | $ 173,000 | $ 105,000 |
Delaware County Pennsylvania | 4 | $ 857,000 | $ 214,000 | $ 82,000 |
Harris County Texas | 4 | $ 940,000 | $ 235,000 | $ 114,000 |
San Diego County California | 3 | $ 765,000 | $ 255,000 | $ 76,000 |
Marion County Florida | 3 | $ 379,000 | $ 126,000 | $ 85,000 |
Gwinnett County Georgia | 3 | $ 400,000 | $ 133,000 | $ 56,000 |
Dubois County Indiana | 3 | $ 172,000 | $ 57,000 | $ 30,000 |
Montgomery County Indiana | 3 | $ 247,000 | $ 82,000 | $ 69,000 |
Berrien County Michigan | 3 | $ 303,000 | $ 101,000 | $ 124,000 |
Missaukee County Michigan | 3 | $ 276,000 | $ 92,000 | $ 52,000 |
Oscoda County Michigan | 3 | $ 100,000 | $ 33,000 | $ 60,000 |
Anoka County Minnesota | 3 | $ 737,000 | $ 245,000 | $ 125,000 |
Contra Costa County California | 2 | $ 1,029,000 | $ 514,000 | $ 186,000 |
Los Angeles County California | 2 | $ 580,000 | $ 290,000 | $ 102,000 |
Orange County California | 2 | $ 430,000 | $ 215,000 | $ 133,000 |
Sacramento County California | 2 | $ 583,000 | $ 291,000 | $ 112,000 |
Siskiyou County California | 2 | $ 504,000 | $ 252,000 | $ 127,000 |
Broward County Florida | 2 | $ 485,000 | $ 242,000 | $ 111,000 |
Citrus County Florida | 2 | $ 157,000 | $ 78,000 | $ 70,000 |
Lake County Florida | 2 | $ 152,000 | $ 76,000 | $ 59,000 |
Lee County Florida | 2 | $ 248,000 | $ 124,000 | $ 30,000 |
Manatee County Florida | 2 | $ 194,000 | $ 97,000 | $ 40,000 |
Palm Beach County Florida | 2 | $ 575,000 | $ 287,000 | $ 406,000 |
Pasco County Florida | 2 | $ 102,000 | $ 51,000 | $ 60,000 |
Sarasota County Florida | 2 | $ 434,000 | $ 217,000 | $ 85,000 |
Seminole County Florida | 2 | $ 406,000 | $ 203,000 | $ 115,000 |
Sumter County Florida | 2 | $ 490,000 | $ 245,000 | $ 75,000 |
Cobb County Georgia | 2 | $ 219,000 | $ 109,000 | $ 67,000 |
Lake County Illinois | 2 | $ 488,000 | $ 244,000 | $ 225,000 |
Winnebago County Illinois | 2 | $ 125,000 | $ 62,000 | $ 30,000 |
Gibson County Indiana | 2 | $ 388,000 | $ 194,000 | $ 114,000 |
Marshall County Indiana | 2 | $ 280,000 | $ 140,000 | $ 37,000 |
Chippewa County Michigan | 2 | $ 160,000 | $ 80,000 | $ 50,000 |
Washington County Minnesota | 2 | $ 430,000 | $ 215,000 | $ 46,000 |
Morris County New Jersey | 2 | $ 753,000 | $ 376,000 | $ 153,000 |
Sussex County New Jersey | 2 | $ 318,000 | $ 159,000 | $ 155,000 |
Rockingham County North Carolina | 2 | $ 418,000 | $ 209,000 | $ 114,000 |
Portage County Ohio | 2 | $ 301,000 | $ 150,000 | $ 62,000 |
Allegheny County Pennsylvania | 2 | $ 290,000 | $ 145,000 | $ 59,000 |
McCormick County South Carolina | 2 | $ 304,000 | $ 152,000 | $ 132,000 |
Weston County Wyoming | 2 | $ 218,000 | $ 109,000 | $ 94,000 |
El Dorado County California | 1 | $ 213,000 | $ 213,000 | $ 65,000 |
Fresno County California | 1 | $ 96,000 | $ 96,000 | $ 80,000 |
Lake County California | 1 | $ 100,000 | $ 100,000 | $ 189,000 |
Monterey County California | 1 | $ 310,000 | $ 310,000 | $ 66,000 |
Nevada County California | 1 | $ 225,000 | $ 225,000 | $ 58,000 |
Placer County California | 1 | $ 285,000 | $ 285,000 | $ 60,000 |
San Joaquin County California | 1 | $ 330,000 | $ 330,000 | $ 98,000 |
Santa Cruz County California | 1 | $ 379,000 | $ 379,000 | $ 155,000 |
Stanislaus County California | 1 | $ 238,000 | $ 238,000 | $ 159,000 |
Tuolumne County California | 1 | $ 100,000 | $ 100,000 | $ 67,000 |
New Haven County Connecticut | 1 | $ 320,000 | $ 320,000 | $ 101,000 |
Kent County Delaware | 1 | $ 309,000 | $ 309,000 | $ 165,000 |
Alachua County Florida | 1 | $ 114,000 | $ 114,000 | $ 99,000 |
Charlotte County Florida | 1 | $ 185,000 | $ 185,000 | $ 57,000 |
Collier County Florida | 1 | $ 275,000 | $ 275,000 | $ 120,000 |
Gulf County Florida | 1 | $ 108,000 | $ 108,000 | $ 59,000 |
Orange County Florida | 1 | $ 395,000 | $ 395,000 | $ 445,000 |
Osceola County Florida | 1 | $ 110,000 | $ 110,000 | $ 103,000 |
Volusia County Florida | 1 | $ 221,000 | $ 221,000 | $ 56,000 |
Wakulla County Florida | 1 | $ 54,000 | $ 54,000 | $ 25,000 |
Camden County Georgia | 1 | $ 65,000 | $ 65,000 | $ 23,000 |
Cherokee County Georgia | 1 | $ 107,000 | $ 107,000 | $ 111,000 |
Clayton County Georgia | 1 | $ 149,000 | $ 149,000 | $ 42,000 |
DeKalb County Georgia | 1 | $ 200,000 | $ 200,000 | $ 57,000 |
Douglas County Georgia | 1 | $ 147,000 | $ 147,000 | $ 71,000 |
Fulton County Georgia | 1 | $ 305,000 | $ 305,000 | $ 102,000 |
Hall County Georgia | 1 | $ 188,000 | $ 188,000 | $ 104,000 |
Madison County Illinois | 1 | $ 77,000 | $ 77,000 | $ 20,000 |
Sangamon County Illinois | 1 | $ 150,000 | $ 150,000 | $ 87,000 |
Stephenson County Illinois | 1 | $ 79,000 | $ 79,000 | $ 103,000 |
Brown County Indiana | 1 | $ 130,000 | $ 130,000 | $ 59,000 |
Clay County Indiana | 1 | $ 77,000 | $ 77,000 | $ 107,000 |
Elkhart County Indiana | 1 | $ 66,000 | $ 66,000 | $ 39,000 |
Grant County Indiana | 1 | $ 89,000 | $ 89,000 | $ 21,000 |
Hamilton County Indiana | 1 | $ 311,000 | $ 311,000 | $ 143,000 |
Hancock County Indiana | 1 | $ 164,000 | $ 164,000 | $ 70,000 |
Hendricks County Indiana | 1 | $ 100,000 | $ 100,000 | $ 82,000 |
Henry County Indiana | 1 | $ 69,000 | $ 69,000 | $ 78,000 |
Jasper County Indiana | 1 | $ 89,000 | $ 89,000 | $ 118,000 |
Johnson County Indiana | 1 | $ 98,000 | $ 98,000 | $ 33,000 |
Kosciusko County Indiana | 1 | $ 268,000 | $ 268,000 | $ 102,000 |
LaGrange County Indiana | 1 | $ 44,000 | $ 44,000 | $ 31,000 |
Madison County Indiana | 1 | $ 75,000 | $ 75,000 | $ 69,000 |
Monroe County Indiana | 1 | $ 50,000 | $ 50,000 | $ 40,000 |
Morgan County Indiana | 1 | $ 211,000 | $ 211,000 | $ 133,000 |
Shelby County Indiana | 1 | $ 158,000 | $ 158,000 | $ 76,000 |
Vanderburgh County Indiana | 1 | $ 60,000 | $ 60,000 | $ 56,000 |
Mackinac County Michigan | 1 | $ 200,000 | $ 200,000 | $ 246,000 |
Montmorency County Michigan | 1 | $ 97,000 | $ 97,000 | $ 42,000 |
Presque Isle County Michigan | 1 | $ 85,000 | $ 85,000 | $ 103,000 |
Bergen County New Jersey | 1 | $ 417,000 | $ 417,000 | $ 282,000 |
Middlesex County New Jersey | 1 | $ 150,000 | $ 150,000 | $ 99,000 |
Davidson County North Carolina | 1 | $ 116,000 | $ 116,000 | $ 49,000 |
Pender County North Carolina | 1 | $ 220,000 | $ 220,000 | $ 88,000 |
Rowan County North Carolina | 1 | $ 88,000 | $ 88,000 | $ 35,000 |
Wake County North Carolina | 1 | $ 129,000 | $ 129,000 | $ 135,000 |
Wilson County North Carolina | 1 | $ 126,000 | $ 126,000 | $ 50,000 |
Allen County Ohio | 1 | $ 56,000 | $ 56,000 | $ 82,000 |
Athens County Ohio | 1 | $ 70,000 | $ 70,000 | $ 46,000 |
Carroll County Ohio | 1 | $ 35,000 | $ 35,000 | $ 54,000 |
Franklin County Ohio | 1 | $ 162,000 | $ 162,000 | $ 217,000 |
Fulton County Ohio | 1 | $ 132,000 | $ 132,000 | $ 31,000 |
Richland County Ohio | 1 | $ 46,000 | $ 46,000 | $ 95,000 |
Sandusky County Ohio | 1 | $ 200,000 | $ 200,000 | $ 89,000 |
Deschutes County Oregon | 1 | $ 417,000 | $ 417,000 | $ 101,000 |
Jackson County Oregon | 1 | $ 115,000 | $ 115,000 | $ 101,000 |
Marion County Oregon | 1 | $ 221,000 | $ 221,000 | $ 55,000 |
Adams County Pennsylvania | 1 | $ 214,000 | $ 214,000 | $ 27,000 |
Berks County Pennsylvania | 1 | $ 294,000 | $ 294,000 | $ 110,000 |
Bucks County Pennsylvania | 1 | $ 213,000 | $ 213,000 | $ 131,000 |
Northampton County Pennsylvania | 1 | $ 339,000 | $ 339,000 | $ 51,000 |
Snyder County Pennsylvania | 1 | $ 25,000 | $ 25,000 | $ 21,000 |
Abbeville County South Carolina | 1 | $ 52,000 | $ 52,000 | $ 60,000 |
Berkeley County South Carolina | 1 | $ 104,000 | $ 104,000 | $ 58,000 |
Horry County South Carolina | 1 | $ 115,000 | $ 115,000 | $ 147,000 |
Spartanburg County South Carolina | 1 | $ 144,000 | $ 144,000 | $ 70,000 |
Bowie County Texas | 1 | $ 199,000 | $ 199,000 | $ 0 |
Brazoria County Texas | 1 | $ 167,000 | $ 167,000 | $ 114,000 |
Dane County Wisconsin | 1 | $ 314,000 | $ 314,000 | $ 98,000 |
Waukesha County Wisconsin | 1 | $ 223,000 | $ 223,000 | $ 160,000 |
Crook County Wyoming | 1 | $ 261,000 | $ 261,000 | $ 66,000 |
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 |
---|---|---|---|---|---|---|
Refinancing | 2,499 | $330,227,000 | $132,000 | $750,000 | $83,000 | $2,034,000 |
Home Purchase | 2,175 | $266,752,000 | $122,000 | $964,000 | $69,000 | $2,469,000 |
Home Improvement | 451 | $54,954,000 | $121,000 | $600,000 | $79,000 | $441,000 |
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 | 3,936 | $498,930,000 | $126,000 | $964,000 | $77,000 | $2,469,000 |
Not Provided | 541 | $66,665,000 | $123,000 | $585,000 | $73,000 | $328,000 |
Black or African American | 304 | $31,770,000 | $104,000 | $417,000 | $69,000 | $1,004,000 |
Hispanic | 201 | $29,019,000 | $144,000 | $626,000 | $72,000 | $259,000 |
Asian | 96 | $18,747,000 | $195,000 | $750,000 | $116,000 | $725,000 |
American Indian or Alaskan Native | 39 | $4,396,000 | $112,000 | $310,000 | $67,000 | $195,000 |
Native Hawaiian or Other Pacific Islander | 8 | $2,406,000 | $300,000 | $500,000 | $125,000 | $273,000 |
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) | 3,970 | $526,700,000 | $132,000 | $964,000 | $83,000 | $2,469,000 |
FHA-insured (Federal Housing Administration) | 748 | $82,892,000 | $110,000 | $604,000 | $56,000 | $1,004,000 |
FSA/RHS (Farm Service Agency or Rural Housing Service) | 325 | $30,556,000 | $94,000 | $332,000 | $47,000 | $210,000 |
VA-guaranteed (Veterans Administration) | 82 | $11,785,000 | $143,000 | $346,000 | $67,000 | $169,000 |
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 | 2,055 | $272,709,000 | $132,000 | $964,000 | $77,000 | $441,000 |
Application Denied By Financial Institution | 1,543 | $172,946,000 | $112,000 | $750,000 | $67,000 | $2,469,000 |
Application Withdrawn By Applicant | 758 | $103,398,000 | $136,000 | $720,000 | $88,000 | $1,560,000 |
File Closed For Incompleteness | 593 | $78,370,000 | $132,000 | $635,000 | $81,000 | $703,000 |
Application Approved But Not Accepted | 164 | $22,281,000 | $135,000 | $417,000 | $83,000 | $396,000 |
Loan Purchased By The Institution | 12 | $2,229,000 | $185,000 | $286,000 | $103,000 | $328,000 |
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 |
---|---|---|---|---|---|---|
Credit History | 951 | $97,922,000 | $102,000 | $750,000 | $72,000 | $2,469,000 |
Collateral | 212 | $25,730,000 | $121,000 | $660,000 | $68,000 | $564,000 |
Debt-To-Income Ratio | 206 | $29,490,000 | $143,000 | $585,000 | $51,000 | $389,000 |
Insufficient Cash (Downpayment, Closing Cost) | 50 | $5,786,000 | $115,000 | $375,000 | $39,000 | $133,000 |
Other | 42 | $3,438,000 | $81,000 | $191,000 | $63,000 | $273,000 |
Employment History | 30 | $3,233,000 | $107,000 | $323,000 | $58,000 | $191,000 |
Credit Application Incomplete | 21 | $3,050,000 | $145,000 | $414,000 | $70,000 | $228,000 |
Unverifiable Information | 13 | $2,105,000 | $161,000 | $417,000 | $80,000 | $268,000 |
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.