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 | 1,639 |
Total Mortgage Loan Application Amount | $218,595,000 |
Average Mortgage Loan Application Amount | $147,666 |
Highest Mortgage Loan Application Amount | $905,000 |
Average Applicant Income | $68,333 |
Highest Applicant Income | $1,289,000 |
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 |
---|---|---|---|---|
Wayne County Michigan | 120 | $ 11,790,000 | $ 98,000 | $ 75,000 |
Macomb County Michigan | 82 | $ 10,130,000 | $ 123,000 | $ 76,000 |
Oakland County Michigan | 82 | $ 13,160,000 | $ 160,000 | $ 95,000 |
Muskegon County Michigan | 61 | $ 5,605,000 | $ 91,000 | $ 55,000 |
Roscommon County Michigan | 51 | $ 3,715,000 | $ 72,000 | $ 60,000 |
Barry County Michigan | 33 | $ 4,505,000 | $ 136,000 | $ 66,000 |
Kent County Delaware | 31 | $ 5,705,000 | $ 184,000 | $ 66,000 |
St. Clair County Michigan | 26 | $ 3,020,000 | $ 116,000 | $ 59,000 |
Campbell County Wyoming | 24 | $ 3,620,000 | $ 150,000 | $ 76,000 |
Genesee County Michigan | 22 | $ 2,230,000 | $ 101,000 | $ 126,000 |
Gratiot County Michigan | 22 | $ 1,870,000 | $ 85,000 | $ 54,000 |
Calhoun County Michigan | 21 | $ 2,165,000 | $ 103,000 | $ 56,000 |
Santa Clara County California | 20 | $ 10,940,000 | $ 547,000 | $ 160,000 |
Floyd County Georgia | 19 | $ 2,135,000 | $ 112,000 | $ 55,000 |
Ottawa County Michigan | 19 | $ 3,945,000 | $ 207,000 | $ 123,000 |
St. Joseph County Indiana | 18 | $ 2,220,000 | $ 123,000 | $ 74,000 |
Kent County Michigan | 18 | $ 2,290,000 | $ 127,000 | $ 67,000 |
Lenawee County Michigan | 17 | $ 1,715,000 | $ 100,000 | $ 39,000 |
Grand Traverse County Michigan | 15 | $ 2,125,000 | $ 141,000 | $ 64,000 |
Shiawassee County Michigan | 15 | $ 1,215,000 | $ 81,000 | $ 52,000 |
New Castle County Delaware | 14 | $ 2,730,000 | $ 195,000 | $ 80,000 |
Wayne County Indiana | 14 | $ 1,190,000 | $ 85,000 | $ 57,000 |
Cheboygan County Michigan | 14 | $ 1,450,000 | $ 103,000 | $ 53,000 |
Crawford County Michigan | 14 | $ 1,160,000 | $ 82,000 | $ 53,000 |
Jackson County Michigan | 14 | $ 1,490,000 | $ 106,000 | $ 104,000 |
Washtenaw County Michigan | 14 | $ 2,540,000 | $ 181,000 | $ 92,000 |
Lake County Indiana | 13 | $ 1,965,000 | $ 151,000 | $ 95,000 |
Allegan County Michigan | 13 | $ 1,565,000 | $ 120,000 | $ 51,000 |
Ingham County Michigan | 13 | $ 1,335,000 | $ 102,000 | $ 97,000 |
Cobb County Georgia | 12 | $ 2,160,000 | $ 180,000 | $ 71,000 |
Sangamon County Illinois | 12 | $ 1,470,000 | $ 122,000 | $ 82,000 |
Eaton County Michigan | 12 | $ 1,520,000 | $ 126,000 | $ 47,000 |
Sussex County Delaware | 11 | $ 2,075,000 | $ 188,000 | $ 94,000 |
Grant County Indiana | 11 | $ 795,000 | $ 72,000 | $ 47,000 |
Marion County Indiana | 11 | $ 1,225,000 | $ 111,000 | $ 70,000 |
Oceana County Michigan | 11 | $ 1,305,000 | $ 118,000 | $ 47,000 |
Porter County Indiana | 10 | $ 1,760,000 | $ 176,000 | $ 77,000 |
Ogemaw County Michigan | 10 | $ 950,000 | $ 95,000 | $ 69,000 |
Bartow County Georgia | 9 | $ 1,475,000 | $ 163,000 | $ 69,000 |
Howard County Indiana | 9 | $ 845,000 | $ 93,000 | $ 60,000 |
Ionia County Michigan | 9 | $ 1,005,000 | $ 111,000 | $ 60,000 |
Monroe County Michigan | 9 | $ 1,135,000 | $ 126,000 | $ 56,000 |
Elkhart County Indiana | 8 | $ 1,000,000 | $ 125,000 | $ 63,000 |
Arenac County Michigan | 8 | $ 850,000 | $ 106,000 | $ 64,000 |
Bay County Michigan | 8 | $ 820,000 | $ 102,000 | $ 69,000 |
Lapeer County Michigan | 8 | $ 1,630,000 | $ 203,000 | $ 105,000 |
Montcalm County Michigan | 8 | $ 1,170,000 | $ 146,000 | $ 61,000 |
Lucas County Ohio | 8 | $ 820,000 | $ 102,000 | $ 46,000 |
El Paso County Texas | 8 | $ 610,000 | $ 76,000 | $ 36,000 |
Kalamazoo County Michigan | 7 | $ 945,000 | $ 135,000 | $ 59,000 |
Newaygo County Michigan | 7 | $ 695,000 | $ 99,000 | $ 60,000 |
Chatham County Georgia | 6 | $ 1,170,000 | $ 195,000 | $ 86,000 |
Fulton County Georgia | 6 | $ 1,520,000 | $ 253,000 | $ 87,000 |
Dubois County Indiana | 6 | $ 580,000 | $ 96,000 | $ 56,000 |
Fayette County Indiana | 6 | $ 440,000 | $ 73,000 | $ 41,000 |
Saginaw County Michigan | 6 | $ 420,000 | $ 70,000 | $ 38,000 |
New Haven County Connecticut | 5 | $ 1,055,000 | $ 211,000 | $ 105,000 |
Paulding County Georgia | 5 | $ 975,000 | $ 195,000 | $ 100,000 |
Polk County Georgia | 5 | $ 785,000 | $ 157,000 | $ 67,000 |
Branch County Michigan | 5 | $ 445,000 | $ 89,000 | $ 67,000 |
Kalkaska County Michigan | 5 | $ 535,000 | $ 107,000 | $ 93,000 |
Leelanau County Michigan | 5 | $ 775,000 | $ 155,000 | $ 46,000 |
Richmond County Georgia | 4 | $ 330,000 | $ 82,000 | $ 44,000 |
LaPorte County Indiana | 4 | $ 340,000 | $ 85,000 | $ 50,000 |
Berrien County Michigan | 4 | $ 430,000 | $ 107,000 | $ 64,000 |
Iosco County Michigan | 4 | $ 350,000 | $ 87,000 | $ 74,000 |
Sanilac County Michigan | 4 | $ 680,000 | $ 170,000 | $ 153,000 |
Freeborn County Minnesota | 4 | $ 330,000 | $ 82,000 | $ 39,000 |
Wood County Ohio | 4 | $ 480,000 | $ 120,000 | $ 74,000 |
Berks County Pennsylvania | 4 | $ 410,000 | $ 102,000 | $ 63,000 |
Greenwood County South Carolina | 4 | $ 310,000 | $ 77,000 | $ 47,000 |
Clayton County Georgia | 3 | $ 265,000 | $ 88,000 | $ 40,000 |
Henry County Georgia | 3 | $ 345,000 | $ 115,000 | $ 47,000 |
Winnebago County Illinois | 3 | $ 325,000 | $ 108,000 | $ 98,000 |
Madison County Indiana | 3 | $ 305,000 | $ 101,000 | $ 73,000 |
Monroe County Indiana | 3 | $ 465,000 | $ 155,000 | $ 59,000 |
Emmet County Michigan | 3 | $ 425,000 | $ 141,000 | $ 36,000 |
Manistee County Michigan | 3 | $ 625,000 | $ 208,000 | $ 71,000 |
St. Joseph County Michigan | 3 | $ 575,000 | $ 191,000 | $ 87,000 |
Van Buren County Michigan | 3 | $ 415,000 | $ 138,000 | $ 79,000 |
Ottawa County Ohio | 3 | $ 475,000 | $ 158,000 | $ 90,000 |
Stark County Ohio | 3 | $ 265,000 | $ 88,000 | $ 54,000 |
San Benito County California | 2 | $ 650,000 | $ 325,000 | $ 87,000 |
San Luis Obispo County California | 2 | $ 850,000 | $ 425,000 | $ 718,000 |
Lee County Florida | 2 | $ 540,000 | $ 270,000 | $ 140,000 |
Bibb County Georgia | 2 | $ 130,000 | $ 65,000 | $ 37,000 |
Bulloch County Georgia | 2 | $ 230,000 | $ 115,000 | $ 38,000 |
Chattooga County Georgia | 2 | $ 300,000 | $ 150,000 | $ 70,000 |
DeKalb County Georgia | 2 | $ 330,000 | $ 165,000 | $ 92,000 |
Douglas County Georgia | 2 | $ 310,000 | $ 155,000 | $ 45,000 |
Gwinnett County Georgia | 2 | $ 490,000 | $ 245,000 | $ 57,000 |
Lowndes County Georgia | 2 | $ 290,000 | $ 145,000 | $ 74,000 |
Pierce County Georgia | 2 | $ 140,000 | $ 70,000 | $ 39,000 |
Cook County Illinois | 2 | $ 230,000 | $ 115,000 | $ 68,000 |
Morgan County Illinois | 2 | $ 310,000 | $ 155,000 | $ 74,000 |
Delaware County Indiana | 2 | $ 190,000 | $ 95,000 | $ 55,000 |
Hendricks County Indiana | 2 | $ 270,000 | $ 135,000 | $ 124,000 |
LaGrange County Indiana | 2 | $ 250,000 | $ 125,000 | $ 89,000 |
Marshall County Indiana | 2 | $ 250,000 | $ 125,000 | $ 68,000 |
Pike County Indiana | 2 | $ 170,000 | $ 85,000 | $ 82,000 |
Shelby County Indiana | 2 | $ 240,000 | $ 120,000 | $ 53,000 |
Antrim County Michigan | 2 | $ 220,000 | $ 110,000 | $ 30,000 |
Charlevoix County Michigan | 2 | $ 220,000 | $ 110,000 | $ 72,000 |
Clare County Michigan | 2 | $ 80,000 | $ 40,000 | $ 16,000 |
Clinton County Michigan | 2 | $ 360,000 | $ 180,000 | $ 72,000 |
Hillsdale County Michigan | 2 | $ 160,000 | $ 80,000 | $ 57,000 |
Missaukee County Michigan | 2 | $ 270,000 | $ 135,000 | $ 34,000 |
Morris County New Jersey | 2 | $ 530,000 | $ 265,000 | $ 117,000 |
York County Pennsylvania | 2 | $ 160,000 | $ 80,000 | $ 72,000 |
Marion County West Virginia | 2 | $ 260,000 | $ 130,000 | $ 51,000 |
Wood County Wisconsin | 2 | $ 200,000 | $ 100,000 | $ 91,000 |
Weston County Wyoming | 2 | $ 250,000 | $ 125,000 | $ 43,000 |
Sitka County Alaska | 1 | $ 325,000 | $ 325,000 | $ 123,000 |
Alameda County California | 1 | $ 855,000 | $ 855,000 | $ 169,000 |
Monterey County California | 1 | $ 325,000 | $ 325,000 | $ 75,000 |
Santa Cruz County California | 1 | $ 625,000 | $ 625,000 | $ 155,000 |
Tehama County California | 1 | $ 115,000 | $ 115,000 | $ 35,000 |
Citrus County Florida | 1 | $ 135,000 | $ 135,000 | $ 64,000 |
Escambia County Florida | 1 | $ 165,000 | $ 165,000 | $ 113,000 |
Hillsborough County Florida | 1 | $ 345,000 | $ 345,000 | $ 164,000 |
Lake County Florida | 1 | $ 105,000 | $ 105,000 | $ 143,000 |
Sumter County Florida | 1 | $ 235,000 | $ 235,000 | $ 112,000 |
Taylor County Florida | 1 | $ 85,000 | $ 85,000 | $ 68,000 |
Camden County Georgia | 1 | $ 155,000 | $ 155,000 | $ 37,000 |
Catoosa County Georgia | 1 | $ 115,000 | $ 115,000 | $ 99,000 |
Charlton County Georgia | 1 | $ 115,000 | $ 115,000 | $ 65,000 |
Cherokee County Georgia | 1 | $ 145,000 | $ 145,000 | $ 82,000 |
Columbia County Georgia | 1 | $ 145,000 | $ 145,000 | $ 51,000 |
Dougherty County Georgia | 1 | $ 135,000 | $ 135,000 | $ 45,000 |
Elbert County Georgia | 1 | $ 175,000 | $ 175,000 | $ 93,000 |
Fayette County Georgia | 1 | $ 155,000 | $ 155,000 | $ 88,000 |
Gilmer County Georgia | 1 | $ 235,000 | $ 235,000 | $ 120,000 |
Glynn County Georgia | 1 | $ 245,000 | $ 245,000 | $ 71,000 |
Gordon County Georgia | 1 | $ 75,000 | $ 75,000 | $ 37,000 |
Habersham County Georgia | 1 | $ 115,000 | $ 115,000 | $ 65,000 |
Hall County Georgia | 1 | $ 505,000 | $ 505,000 | $ 188,000 |
Haralson County Georgia | 1 | $ 75,000 | $ 75,000 | $ 53,000 |
Muscogee County Georgia | 1 | $ 125,000 | $ 125,000 | $ 47,000 |
Rockdale County Georgia | 1 | $ 125,000 | $ 125,000 | $ 40,000 |
Troup County Georgia | 1 | $ 245,000 | $ 245,000 | $ 96,000 |
Walton County Georgia | 1 | $ 115,000 | $ 115,000 | $ 62,000 |
Ware County Georgia | 1 | $ 195,000 | $ 195,000 | $ 99,000 |
Whitfield County Georgia | 1 | $ 185,000 | $ 185,000 | $ 52,000 |
Menard County Illinois | 1 | $ 145,000 | $ 145,000 | $ 96,000 |
Boone County Indiana | 1 | $ 145,000 | $ 145,000 | $ 205,000 |
Cass County Indiana | 1 | $ 15,000 | $ 15,000 | $ 32,000 |
Dearborn County Indiana | 1 | $ 35,000 | $ 35,000 | $ 83,000 |
Franklin County Indiana | 1 | $ 165,000 | $ 165,000 | $ 80,000 |
Hancock County Indiana | 1 | $ 95,000 | $ 95,000 | $ 54,000 |
Jennings County Indiana | 1 | $ 55,000 | $ 55,000 | $ 73,000 |
Knox County Indiana | 1 | $ 35,000 | $ 35,000 | $ 23,000 |
Kosciusko County Indiana | 1 | $ 115,000 | $ 115,000 | $ 55,000 |
Miami County Indiana | 1 | $ 145,000 | $ 145,000 | $ 48,000 |
Newton County Indiana | 1 | $ 65,000 | $ 65,000 | $ 143,000 |
Orange County Indiana | 1 | $ 145,000 | $ 145,000 | $ 102,000 |
Parke County Indiana | 1 | $ 55,000 | $ 55,000 | $ 35,000 |
Randolph County Indiana | 1 | $ 85,000 | $ 85,000 | $ 73,000 |
Switzerland County Indiana | 1 | $ 35,000 | $ 35,000 | $ 61,000 |
Tipton County Indiana | 1 | $ 85,000 | $ 85,000 | $ 44,000 |
Vanderburgh County Indiana | 1 | $ 285,000 | $ 285,000 | $ 84,000 |
Whitley County Indiana | 1 | $ 65,000 | $ 65,000 | $ 126,000 |
Oldham County Kentucky | 1 | $ 165,000 | $ 165,000 | $ 44,000 |
Worcester County Maryland | 1 | $ 395,000 | $ 395,000 | $ 149,000 |
Cass County Michigan | 1 | $ 115,000 | $ 115,000 | $ 82,000 |
Gladwin County Michigan | 1 | $ 125,000 | $ 125,000 | $ 185,000 |
Huron County Michigan | 1 | $ 65,000 | $ 65,000 | $ 132,000 |
Lake County Michigan | 1 | $ 105,000 | $ 105,000 | $ 159,000 |
Livingston County Michigan | 1 | $ 255,000 | $ 255,000 | $ 120,000 |
Mason County Michigan | 1 | $ 265,000 | $ 265,000 | $ 127,000 |
Midland County Michigan | 1 | $ 155,000 | $ 155,000 | $ 52,000 |
Oscoda County Michigan | 1 | $ 115,000 | $ 115,000 | $ 64,000 |
Presque Isle County Michigan | 1 | $ 55,000 | $ 55,000 | $ 91,000 |
Tuscola County Michigan | 1 | $ 255,000 | $ 255,000 | $ 142,000 |
Wexford County Michigan | 1 | $ 55,000 | $ 55,000 | $ 170,000 |
Dakota County Minnesota | 1 | $ 245,000 | $ 245,000 | $ 64,000 |
Hennepin County Minnesota | 1 | $ 215,000 | $ 215,000 | $ 52,000 |
Mower County Minnesota | 1 | $ 85,000 | $ 85,000 | $ 33,000 |
Monmouth County New Jersey | 1 | $ 465,000 | $ 465,000 | $ 120,000 |
Dona Ana County New Mexico | 1 | $ 145,000 | $ 145,000 | $ 159,000 |
San Juan County New Mexico | 1 | $ 195,000 | $ 195,000 | $ 73,000 |
Brunswick County North Carolina | 1 | $ 345,000 | $ 345,000 | $ 135,000 |
Wake County North Carolina | 1 | $ 155,000 | $ 155,000 | $ 52,000 |
Franklin County Ohio | 1 | $ 115,000 | $ 115,000 | $ 137,000 |
Montgomery County Ohio | 1 | $ 125,000 | $ 125,000 | $ 158,000 |
Preble County Ohio | 1 | $ 85,000 | $ 85,000 | $ 59,000 |
Sandusky County Ohio | 1 | $ 65,000 | $ 65,000 | $ 52,000 |
Marion County Oregon | 1 | $ 255,000 | $ 255,000 | $ 65,000 |
Lancaster County South Carolina | 1 | $ 65,000 | $ 65,000 | $ 80,000 |
York County South Carolina | 1 | $ 215,000 | $ 215,000 | $ 129,000 |
Hamilton County Tennessee | 1 | $ 205,000 | $ 205,000 | $ 99,000 |
Bee County Texas | 1 | $ 55,000 | $ 55,000 | $ 63,000 |
Collin County Texas | 1 | $ 425,000 | $ 425,000 | $ 104,000 |
Hunt County Texas | 1 | $ 175,000 | $ 175,000 | $ 69,000 |
Tarrant County Texas | 1 | $ 265,000 | $ 265,000 | $ 120,000 |
Harrison County West Virginia | 1 | $ 125,000 | $ 125,000 | $ 56,000 |
Crook County Wyoming | 1 | $ 75,000 | $ 75,000 | $ 160,000 |
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 | 852 | $114,280,000 | $134,000 | $645,000 | $71,000 | $965,000 |
Cash-out Refinancing | 494 | $69,170,000 | $140,000 | $905,000 | $75,000 | $615,000 |
Refinancing | 246 | $28,410,000 | $115,000 | $575,000 | $82,000 | $1,289,000 |
Home Improvement | 34 | $3,990,000 | $117,000 | $425,000 | $65,000 | $145,000 |
Other Purpose | 12 | $2,580,000 | $215,000 | $405,000 | $113,000 | $183,000 |
Not Applicable | 1 | $165,000 | $165,000 | $165,000 | $4,000 | $4,000 |
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 | 1,147 | $148,165,000 | $129,000 | $905,000 | $71,000 | $615,000 |
Black or African American | 201 | $23,805,000 | $118,000 | $605,000 | $74,000 | $1,289,000 |
Not Provided | 182 | $29,570,000 | $162,000 | $805,000 | $92,000 | $965,000 |
Hispanic | 64 | $7,830,000 | $122,000 | $505,000 | $71,000 | $442,000 |
Asian | 23 | $5,065,000 | $220,000 | $615,000 | $89,000 | $359,000 |
American Indian or Alaskan Native | 14 | $2,540,000 | $181,000 | $485,000 | $70,000 | $120,000 |
Native Hawaiian or Other Pacific Islander | 1 | $85,000 | $85,000 | $85,000 | $16,000 | $16,000 |
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) | 1,136 | $158,490,000 | $139,000 | $905,000 | $82,000 | $1,289,000 |
FHA-insured (Federal Housing Administration) | 308 | $37,270,000 | $121,000 | $625,000 | $56,000 | $342,000 |
FSA/RHS (Farm Service Agency or Rural Housing Service) | 99 | $9,325,000 | $94,000 | $305,000 | $48,000 | $143,000 |
VA-guaranteed (Veterans Administration) | 96 | $13,510,000 | $140,000 | $455,000 | $64,000 | $232,000 |
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 | 633 | $96,855,000 | $153,000 | $905,000 | $78,000 | $615,000 |
Application Denied By Financial Institution | 449 | $45,595,000 | $101,000 | $805,000 | $64,000 | $1,289,000 |
File Closed For Incompleteness | 264 | $34,920,000 | $132,000 | $675,000 | $73,000 | $474,000 |
Application Withdrawn By Applicant | 237 | $34,315,000 | $144,000 | $425,000 | $85,000 | $965,000 |
Application Approved But Not Accepted | 56 | $6,910,000 | $123,000 | $505,000 | $64,000 | $188,000 |
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 |
---|---|---|---|---|---|---|
Not applicable | 1,190 | $173,000,000 | $145,000 | $905,000 | $78,000 | $965,000 |
Credit History | 296 | $27,380,000 | $92,000 | $435,000 | $69,000 | $1,289,000 |
Debt-To-Income Ratio | 81 | $10,325,000 | $127,000 | $805,000 | $43,000 | $144,000 |
Collateral | 47 | $4,775,000 | $101,000 | $345,000 | $62,000 | $217,000 |
Other | 9 | $1,295,000 | $143,000 | $645,000 | $71,000 | $140,000 |
Employment History | 7 | $885,000 | $126,000 | $335,000 | $63,000 | $120,000 |
Credit Application Incomplete | 4 | $340,000 | $85,000 | $125,000 | $66,000 | $87,000 |
Insufficient Cash (Downpayment, Closing Cost) | 3 | $335,000 | $111,000 | $125,000 | $53,000 | $92,000 |
Unverifiable Information | 2 | $260,000 | $130,000 | $165,000 | $83,000 | $113,000 |
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.