Member First Mortgage, Llc
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 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 5,703
Total Mortgage Loan Application Amount $1,048,565,000
Average Mortgage Loan Application Amount $246,000
Highest Mortgage Loan Application Amount $3,205,000
Average Applicant Income $112,750
Highest Applicant Income $2,524,000

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 Member First Mortgage, Llc by Metropolitan Area in 2021

Metro Area Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Application Amount Average Applicant Income
NA (OUTSIDE OF MSA/MD) 1,002 $ 144,120,000 $ 171,000 $ 84,103
WARREN-TROY-FARMINGTON HILLS, MI 568 $ 113,020,000 $ 198,000 $ 114,000
DETROIT-DEARBORN-LIVONIA, MI 448 $ 57,210,000 $ 127,000 $ 73,000
CHATTANOOGA, TN-GA 304 $ 74,640,000 $ 222,000 $ 83,000
ATLANTA-SANDY SPRINGS-ROSWELL, GA 253 $ 55,305,000 $ 218,000 $ 91,000
MUSKEGON, MI 213 $ 26,505,000 $ 124,000 $ 66,000
GARY, IN 164 $ 22,930,000 $ 139,000 $ 72,000
GRAND RAPIDS-WYOMING, MI 114 $ 17,180,000 $ 150,000 $ 78,000
SOUTH BEND-MISHAWAKA, IN-MI 111 $ 10,475,000 $ 118,000 $ 75,500
CHICAGO-NAPERVILLE, IL 108 $ 25,080,000 $ 232,000 $ 118,000
LANSING-EAST LANSING, MI 108 $ 14,890,000 $ 137,000 $ 75,000
ROME, GA 100 $ 14,290,000 $ 142,000 $ 76,000
CAMDEN, NJ 97 $ 19,795,000 $ 204,000 $ 107,000
DALLAS-PLANO-IRVING, TX 96 $ 27,070,000 $ 281,000 $ 127,000
INDIANAPOLIS-CARMEL-ANDERSON, IN 88 $ 11,890,000 $ 135,000 $ 75,000
ANN ARBOR, MI 85 $ 16,425,000 $ 193,000 $ 110,000
NEW YORK-NEWARK, NY 84 $ 22,720,000 $ 270,000 $ 119,000
CLEVELAND, TN 82 $ 20,480,000 $ 249,000 $ 88,000
TOLEDO, OH 73 $ 10,035,000 $ 137,000 $ 84,000
REDDING, CA 70 $ 21,720,000 $ 310,000 $ 105,000
DES MOINES-WEST DES MOINES, IA 68 $ 14,830,000 $ 218,000 $ 0
NEWARK, NJ-PA 65 $ 17,645,000 $ 271,000 $ 155,000
EL PASO, TX 47 $ 6,145,000 $ 130,000 $ 71,000
HOUSTON-THE WOODLANDS-SUGAR LAND, TX 43 $ 10,545,000 $ 245,000 $ 96,000
BATTLE CREEK, MI 41 $ 4,955,000 $ 120,000 $ 64,000
FORT WORTH-ARLINGTON, TX 40 $ 9,620,000 $ 240,000 $ 112,000
STATE COLLEGE, PA 40 $ 8,230,000 $ 205,000 $ 104,000
ALBUQUERQUE, NM 39 $ 7,415,000 $ 190,000 $ 74,000
SPRINGFIELD, IL 35 $ 4,295,000 $ 122,000 $ 99,000
SAN JOSE-SUNNYVALE-SANTA CLARA, CA 33 $ 15,915,000 $ 482,000 $ 134,000
MONTGOMERY COUNTY-BUCKS COUNTY-CHESTER COUNTY, PA 32 $ 7,430,000 $ 232,000 $ 115,000
ATLANTIC CITY-HAMMONTON, NJ 30 $ 5,040,000 $ 168,000 $ 88,000
JACKSON, MI 30 $ 3,970,000 $ 132,000 $ 78,000
VINELAND-BRIDGETON, NJ 28 $ 4,180,000 $ 149,000 $ 99,000
NEW YORK-JERSEY CITY-WHITE PLAINS, NY-NJ 27 $ 7,845,000 $ 290,000 $ 110,000
GREENVILLE-ANDERSON-MAULDIN, SC 26 $ 4,220,000 $ 162,000 $ 86,000
KOKOMO, IN 25 $ 2,715,000 $ 108,000 $ 66,000
FLINT, MI 24 $ 2,970,000 $ 123,000 $ 87,000
KALAMAZOO-PORTAGE, MI 24 $ 4,100,000 $ 170,000 $ 84,000
SAN ANGELO, TX 24 $ 4,140,000 $ 172,000 $ 91,000
LAS CRUCES, NM 23 $ 2,465,000 $ 107,000 $ 59,000
SAGINAW, MI 23 $ 2,655,000 $ 115,000 $ 69,000
SAVANNAH, GA 23 $ 3,415,000 $ 148,000 $ 74,000
ELKHART-GOSHEN, IN 22 $ 3,240,000 $ 147,000 $ 68,000
HARRISBURG-CARLISLE, PA 22 $ 4,160,000 $ 189,000 $ 85,000
OMAHA-COUNCIL BLUFFS, NE-IA 21 $ 4,895,000 $ 267,500 $ 0
TRENTON, NJ 20 $ 4,610,000 $ 230,000 $ 122,000
CHARLOTTE-CONCORD-GASTONIA, NC-SC 18 $ 3,380,000 $ 181,000 $ 209,000
MONROE, MI 18 $ 2,680,000 $ 148,000 $ 66,000
WACO, TX 18 $ 3,080,000 $ 171,000 $ 83,000
TAMPA-ST. PETERSBURG-CLEARWATER, FL 17 $ 2,675,000 $ 157,000 $ 79,000
CINCINNATI, OH-KY-IN 14 $ 7,820,000 $ 784,333 $ 259,000
LAS VEGAS-HENDERSON-PARADISE, NV 14 $ 5,000,000 $ 357,000 $ 88,000
NEW ORLEANS-METAIRIE, LA 13 $ 2,535,000 $ 195,000 $ 80,000
WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV 13 $ 4,005,000 $ 295,250 $ 141,500
YORK-HANOVER, PA 13 $ 1,895,000 $ 145,000 $ 51,000
DOVER, DE 12 $ 2,960,000 $ 246,000 $ 90,000
WILMINGTON, DE-MD-NJ 12 $ 1,820,000 $ 151,000 $ 109,000
CHICO, CA 11 $ 5,615,000 $ 510,000 $ 247,000
FORT WAYNE, IN 11 $ 1,165,000 $ 105,000 $ 77,000
READING, PA 11 $ 2,915,000 $ 265,000 $ 189,000
ALLENTOWN-BETHLEHEM-EASTON, PA-NJ 10 $ 2,770,000 $ 291,500 $ 101,000
AUGUSTA-RICHMOND COUNTY, GA-SC 10 $ 1,750,000 $ 179,000 $ 121,000
MACON-BIBB COUNTY, GA 10 $ 1,310,000 $ 131,000 $ 113,000
SCRANTON--WILKES-BARRE--HAZLETON, PA 10 $ 1,420,000 $ 142,000 $ 64,000
AMES, IA 9 $ 1,665,000 $ 185,000 $ 0
BAY CITY, MI 9 $ 815,000 $ 90,000 $ 63,000
BREMERTON-SILVERDALE, WA 9 $ 2,435,000 $ 270,000 $ 87,000
KNOXVILLE, TN 9 $ 2,045,000 $ 227,000 $ 98,000
MICHIGAN CITY-LA PORTE, IN 9 $ 965,000 $ 107,000 $ 199,000
SAN ANTONIO-NEW BRAUNFELS, TX 9 $ 2,095,000 $ 232,000 $ 93,000
ALBANY, GA 8 $ 1,380,000 $ 172,000 $ 73,000
ALTOONA, PA 8 $ 1,070,000 $ 133,000 $ 67,000
BALTIMORE-COLUMBIA-TOWSON, MD 8 $ 2,530,000 $ 316,000 $ 145,000
NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN 8 $ 2,800,000 $ 350,000 $ 138,000
SPOKANE-SPOKANE VALLEY, WA 8 $ 2,380,000 $ 297,000 $ 86,000
AUBURN-OPELIKA, AL 7 $ 1,005,000 $ 143,000 $ 39,000
LAKE COUNTY-KENOSHA COUNTY, IL-WI 7 $ 1,495,000 $ 213,000 $ 111,000
NILES-BENTON HARBOR, MI 7 $ 915,000 $ 130,000 $ 60,000
PITTSBURGH, PA 7 $ 1,335,000 $ 190,000 $ 104,000
CORPUS CHRISTI, TX 6 $ 1,390,000 $ 231,000 $ 146,000
DALTON, GA 6 $ 860,000 $ 143,000 $ 41,000
DELTONA-DAYTONA BEACH-ORMOND BEACH, FL 6 $ 1,280,000 $ 213,000 $ 156,000
ELGIN, IL 6 $ 980,000 $ 163,000 $ 176,000
MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI 6 $ 1,570,000 $ 261,000 $ 86,000
PENSACOLA-FERRY PASS-BRENT, FL 6 $ 1,350,000 $ 225,000 $ 83,000
ROCKFORD, IL 6 $ 780,000 $ 130,000 $ 69,000
TACOMA-LAKEWOOD, WA 6 $ 2,000,000 $ 333,000 $ 87,000
DAPHNE-FAIRHOPE-FOLEY, AL 5 $ 875,000 $ 175,000 $ 107,000
DURHAM-CHAPEL HILL, NC 5 $ 505,000 $ 101,000 $ 50,000
OCEAN CITY, NJ 5 $ 1,645,000 $ 329,000 $ 242,000
ORLANDO-KISSIMMEE-SANFORD, FL 5 $ 2,265,000 $ 453,000 $ 338,000
SALISBURY, MD-DE 5 $ 1,055,000 $ 199,000 $ 80,500
VALDOSTA, GA 5 $ 525,000 $ 105,000 $ 87,000
ANAHEIM-SANTA ANA-IRVINE, CA 4 $ 2,190,000 $ 547,000 $ 217,000
ATHENS-CLARKE COUNTY, GA 4 $ 930,000 $ 232,000 $ 76,000
AUSTIN-ROUND ROCK, TX 4 $ 1,360,000 $ 340,000 $ 132,000
BLOOMINGTON, IN 4 $ 630,000 $ 157,000 $ 79,000
CAPE CORAL-FORT MYERS, FL 4 $ 1,480,000 $ 370,000 $ 230,000
CHAMBERSBURG-WAYNESBORO, PA 4 $ 750,000 $ 187,000 $ 83,000
DENVER-AURORA-LAKEWOOD, CO 4 $ 1,300,000 $ 325,000 $ 127,000
DULUTH, MN-WI 4 $ 680,000 $ 170,000 $ 0
EVANSVILLE, IN-KY 4 $ 600,000 $ 150,000 $ 127,000
GAINESVILLE, GA 4 $ 780,000 $ 195,000 $ 93,000
HOMOSASSA SPRINGS, FL 4 $ 840,000 $ 210,000 $ 66,000
JACKSON, MS 4 $ 770,000 $ 192,000 $ 94,000
LANCASTER, PA 4 $ 750,000 $ 187,000 $ 49,000
MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC 4 $ 890,000 $ 222,500 $ 179,000
PHOENIX-MESA-SCOTTSDALE, AZ 4 $ 1,060,000 $ 265,000 $ 75,000
PUNTA GORDA, FL 4 $ 1,350,000 $ 337,000 $ 73,000
WARNER ROBINS, GA 4 $ 620,000 $ 155,000 $ 57,000
BATON ROUGE, LA 3 $ 525,000 $ 175,000 $ 61,000
BURLINGTON, NC 3 $ 1,115,000 $ 371,000 $ 144,000
FAYETTEVILLE, NC 3 $ 335,000 $ 111,000 $ 44,000
FORT LAUDERDALE-POMPANO BEACH-DEERFIELD BEACH, FL 3 $ 445,000 $ 148,000 $ 79,000
HAGERSTOWN-MARTINSBURG, MD-WV 3 $ 645,000 $ 197,500 $ 92,000
JACKSONVILLE, FL 3 $ 805,000 $ 268,000 $ 150,000
KILLEEN-TEMPLE, TX 3 $ 475,000 $ 158,000 $ 107,000
LAKELAND-WINTER HAVEN, FL 3 $ 545,000 $ 181,000 $ 66,000
MIDLAND, MI 3 $ 525,000 $ 175,000 $ 88,000
MODESTO, CA 3 $ 1,165,000 $ 388,000 $ 80,000
NEW HAVEN-MILFORD, CT 3 $ 825,000 $ 275,000 $ 195,000
OAKLAND-HAYWARD-BERKELEY, CA 3 $ 1,315,000 $ 438,000 $ 129,000
RALEIGH, NC 3 $ 835,000 $ 278,000 $ 170,000
RIVERSIDE-SAN BERNARDINO-ONTARIO, CA 3 $ 745,000 $ 248,000 $ 84,000
SACRAMENTO--ROSEVILLE--ARDEN-ARCADE, CA 3 $ 795,000 $ 265,000 $ 93,000
SALINAS, CA 3 $ 755,000 $ 251,000 $ 64,000
SPARTANBURG, SC 3 $ 775,000 $ 258,000 $ 163,000
ABILENE, TX 2 $ 490,000 $ 245,000 $ 109,000
BRUNSWICK, GA 2 $ 570,000 $ 285,000 $ 101,000
BURLINGTON-SOUTH BURLINGTON, VT 2 $ 490,000 $ 245,000 $ 126,000
CHAMPAIGN-URBANA, IL 2 $ 850,000 $ 425,000 $ 324,000
CLEVELAND-ELYRIA, OH 2 $ 500,000 $ 250,000 $ 190,000
COLLEGE STATION-BRYAN, TX 2 $ 380,000 $ 190,000 $ 177,000
COLUMBUS, OH 2 $ 340,000 $ 170,000 $ 89,000
CRESTVIEW-FORT WALTON BEACH-DESTIN, FL 2 $ 610,000 $ 305,000 $ 81,000
DANVILLE, IL 2 $ 180,000 $ 90,000 $ 122,000
ERIE, PA 2 $ 370,000 $ 185,000 $ 56,000
GETTYSBURG, PA 2 $ 370,000 $ 185,000 $ 59,000
GREENSBORO-HIGH POINT, NC 2 $ 550,000 $ 275,000 $ 191,000
LONGVIEW, TX 2 $ 440,000 $ 220,000 $ 67,000
MERCED, CA 2 $ 590,000 $ 295,000 $ 56,000
MIDLAND, TX 2 $ 610,000 $ 305,000 $ 164,000
MILWAUKEE-WAUKESHA-WEST ALLIS, WI 2 $ 120,000 $ 60,000 $ 175,000
NORTH PORT-SARASOTA-BRADENTON, FL 2 $ 350,000 $ 175,000 $ 70,000
OCALA, FL 2 $ 80,000 $ 40,000 $ 20,000
SEATTLE-BELLEVUE-EVERETT, WA 2 $ 630,000 $ 315,000 $ 66,000
SHREVEPORT-BOSSIER CITY, LA 2 $ 380,000 $ 190,000 $ 70,000
TULSA, OK 2 $ 410,000 $ 205,000 $ 59,000
WASHINGTON-BALTIMORE-ARLINGTON, DC 2 $ 520,000 $ 260,000 $ 80,000
AKRON, OH 1 $ 135,000 $ 135,000 $ 52,000
AMARILLO, TX 1 $ 305,000 $ 305,000 $ 144,000
BARNSTABLE TOWN, MA 1 $ 255,000 $ 255,000 $ 190,000
BRIDGEPORT-STAMFORD-NORWALK, CT 1 $ 315,000 $ 315,000 $ 243,000
CAMBRIDGE-NEWTON-FRAMINGHAM, MA 1 $ 525,000 $ 525,000 $ 91,000
CLARKSVILLE, TN-KY 1 $ 165,000 $ 165,000 $ 156,000
COLUMBUS, GA-AL 1 $ 215,000 $ 215,000 $ 68,000
COLUMBUS, IN 1 $ 145,000 $ 145,000 $ 48,000
CORVALLIS, OR 1 $ 235,000 $ 235,000 $ 49,000
DAVENPORT-MOLINE-ROCK ISLAND, IA-IL 1 $ 95,000 $ 95,000 $ 110,000
DECATUR, IL 1 $ 25,000 $ 25,000 $ 36,000
EAST STROUDSBURG, PA 1 $ 205,000 $ 205,000 $ 73,000
EUGENE, OR 1 $ 175,000 $ 175,000 $ 38,000
FARMINGTON, NM 1 $ 145,000 $ 145,000 $ 55,000
FAYETTEVILLE-SPRINGDALE-ROGERS, AR-MO 1 $ 625,000 $ 625,000 $ 256,000
FOND DU LAC, WI 1 $ 215,000 $ 215,000 $ 70,000
GAINESVILLE, FL 1 $ 115,000 $ 115,000 $ 38,000
GRAND ISLAND, NE 1 $ 155,000 $ 155,000 $ 0
GULFPORT-BILOXI-PASCAGOULA, MS 1 $ 365,000 $ 365,000 $ 96,000
HANFORD-CORCORAN, CA 1 $ 285,000 $ 285,000 $ 68,000
HICKORY-LENOIR-MORGANTON, NC 1 $ 195,000 $ 195,000 $ 40,000
HILTON HEAD ISLAND-BLUFFTON-BEAUFORT, SC 1 $ 185,000 $ 185,000 $ 79,000
HINESVILLE, GA 1 $ 175,000 $ 175,000 $ 94,000
HUNTINGTON-ASHLAND, WV-KY-OH 1 $ 135,000 $ 135,000 $ 29,000
JOHNSTOWN, PA 1 $ 55,000 $ 55,000 $ 59,000
KANKAKEE, IL 1 $ 135,000 $ 135,000 $ 137,000
LAFAYETTE, LA 1 $ 355,000 $ 355,000 $ 83,000
LAFAYETTE-WEST LAFAYETTE, IN 1 $ 115,000 $ 115,000 $ 54,000
LAKE CHARLES, LA 1 $ 195,000 $ 195,000 $ 63,000
LEBANON, PA 1 $ 145,000 $ 145,000 $ 48,000
LITTLE ROCK-NORTH LITTLE ROCK-CONWAY, AR 1 $ 135,000 $ 135,000 $ 40,000
LOS ANGELES-LONG BEACH-GLENDALE, CA 1 $ 805,000 $ 805,000 $ 200,000
LOUISVILLE/JEFFERSON COUNTY, KY-IN 1 $ 165,000 $ 165,000 $ 86,000
MADERA, CA 1 $ 255,000 $ 255,000 $ 54,000
MCALLEN-EDINBURG-MISSION, TX 1 $ 105,000 $ 105,000 $ 31,000
MEMPHIS, TN-MS-AR 1 $ 185,000 $ 185,000 $ 86,000
MONROE, LA 1 $ 205,000 $ 205,000 $ 96,000
MORGANTOWN, WV 1 $ 305,000 $ 305,000 $ 68,000
MUNCIE, IN 1 $ 65,000 $ 65,000 $ 43,000
ODESSA, TX 1 $ 245,000 $ 245,000 $ 108,000
OKLAHOMA CITY, OK 1 $ 175,000 $ 175,000 $ 77,000
OLYMPIA-TUMWATER, WA 1 $ 385,000 $ 385,000 $ 99,000
PHILADELPHIA, PA 1 $ 265,000 $ 265,000 $ 157,000
PORT ST. LUCIE, FL 1 $ 215,000 $ 215,000 $ 100,000
SALEM, OR 1 $ 495,000 $ 495,000 $ 57,000
SAN FRANCISCO-REDWOOD CITY-SOUTH SAN FRANCISCO, CA 1 $ 1,055,000 $ 1,055,000 $ 214,000
SANTA FE, NM 1 $ 105,000 $ 105,000 $ 28,000
SEBRING, FL 1 $ 75,000 $ 75,000 $ 93,000
SHERMAN-DENISON, TX 1 $ 205,000 $ 205,000 $ 39,000
ST. LOUIS, MO-IL 1 $ 125,000 $ 125,000 $ 80,000
STOCKTON-LODI, CA 1 $ 645,000 $ 645,000 $ 162,000
TALLAHASSEE, FL 1 $ 255,000 $ 255,000 $ 130,000
TERRE HAUTE, IN 1 $ 35,000 $ 35,000 $ 66,000
TUSCALOOSA, AL 1 $ 245,000 $ 245,000 $ 118,000
TYLER, TX 1 $ 195,000 $ 195,000 $ 75,000
VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC 1 $ 335,000 $ 335,000 $ 96,000
WATERLOO-CEDAR FALLS, IA 1 $ 145,000 $ 145,000 $ 0
WAUSAU, WI 1 $ 185,000 $ 185,000 $ 66,000
WEST PALM BEACH-BOCA RATON-DELRAY BEACH, FL 1 $ 155,000 $ 155,000 $ 65,000
WILMINGTON, NC 1 $ 95,000 $ 95,000 $ 52,000
YAKIMA, WA 1 $ 285,000 $ 285,000 $ 0
YOUNGSTOWN-WARREN-BOARDMAN, OH-PA 1 $ 365,000 $ 365,000 $ 149,000

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 Member First Mortgage, Llc 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
Refinancing 3,513 $611,315,000 $174,000 $3,205,000 $95,000 $2,524,000
Home Purchase 2,133 $422,865,000 $198,000 $2,005,000 $84,000 $1,225,000
Cash-out Refinancing 43 $8,595,000 $199,000 $515,000 $87,000 $165,000
Other Purpose 14 $5,790,000 $413,000 $965,000 $185,000 $772,000
Home Improvement 0 $0 $0 $0 $0 $0
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 3,430 $626,070,000 $182,000 $3,205,000 $94,000 $2,524,000
Not Provided 890 $166,680,000 $187,000 $1,255,000 $93,000 $981,000
Black or African American 770 $134,990,000 $175,000 $595,000 $79,000 $420,000
Hispanic 336 $59,090,000 $175,000 $785,000 $79,000 $531,000
Not applicable 135 $29,875,000 $221,000 $685,000 $0 $0
Asian 62 $14,630,000 $235,000 $1,125,000 $119,000 $604,000
American Indian or Alaskan Native 34 $5,440,000 $160,000 $385,000 $70,000 $148,000
Native Hawaiian or Other Pacific Islander 3 $465,000 $155,000 $195,000 $47,000 $74,000

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) 4,445 $812,215,000 $182,000 $3,205,000 $98,000 $2,524,000
FHA-insured (Federal Housing Administration) 1,045 $186,815,000 $178,000 $535,000 $64,000 $420,000
VA-guaranteed (Veterans Administration) 191 $46,425,000 $243,000 $1,105,000 $84,000 $410,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 22 $3,110,000 $141,000 $325,000 $47,000 $81,000

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 2,384 $453,970,000 $190,000 $3,205,000 $92,000 $2,200,000
File Closed For Incompleteness 1,100 $207,320,000 $188,000 $1,145,000 $101,000 $2,524,000
Application Withdrawn By Applicant 1,006 $184,570,000 $183,000 $2,005,000 $97,000 $1,300,000
Application Denied By Financial Institution 838 $132,180,000 $157,000 $2,005,000 $72,000 $1,200,000
Application Approved But Not Accepted 240 $40,650,000 $169,000 $905,000 $88,000 $1,333,000
Loan Purchased By The Institution 135 $29,875,000 $221,000 $685,000 $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 4,865 $916,385,000 $188,000 $3,205,000 $95,000 $2,524,000
Credit History 368 $52,450,000 $142,000 $915,000 $84,000 $574,000
Debt-To-Income Ratio 263 $49,325,000 $187,000 $2,005,000 $52,000 $341,000
Other 87 $12,255,000 $140,000 $465,000 $69,000 $200,000
Collateral 67 $9,435,000 $140,000 $405,000 $96,000 $1,200,000
Insufficient Cash (Downpayment, Closing Cost) 23 $3,885,000 $168,000 $305,000 $66,000 $168,000
Employment History 19 $2,735,000 $143,000 $545,000 $64,000 $160,000
Unverifiable Information 10 $1,940,000 $194,000 $545,000 $69,000 $153,000
Credit Application Incomplete 1 $155,000 $155,000 $155,000 $57,000 $57,000
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.

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