Michigan Mutual, Inc.
Mortgage Loan Application
Totals and Details
for 2010
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 Michigan Mutual, Inc..
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 | Michigan Mutual, Inc. 911 Military Street Port Huron, MI 48060 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 2005 2004 |
| Total Number of Mortgage Applications | 11,720 |
| Total Mortgage Loan Application Amount | $1,882,162,000 |
| Average Mortgage Loan Application Amount | $155,666 |
| Highest Mortgage Loan Application Amount | $746,000 |
| Average Applicant Income | $69,666 |
| Highest Applicant Income | $1,223,000 |
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.
| Metro Area | Total Number of Mortgage Loan Applications | Total Dollar Amount of Mortgage Loan Applications | Average Mortgage Loan Application Amount | Average Applicant Income |
|---|---|---|---|---|
| WARREN-TROY-FARMINGTON HILLS, MI | 1,912 | $ 286,095,000 | $ 149,000 | $ 74,000 |
| CINCINNATI-MIDDLETOWN, OH-KY-IN | 810 | $ 134,497,000 | $ 172,000 | $ 77,666 |
| INDIANAPOLIS-CARMEL, IN | 575 | $ 85,337,000 | $ 148,000 | $ 70,000 |
| DETROIT-LIVONIA-DEARBORN, MI | 545 | $ 73,987,000 | $ 135,000 | $ 69,000 |
| TAMPA-ST. PETERSBURG-CLEARWATER, FL | 456 | $ 63,805,000 | $ 139,000 | $ 60,000 |
| MIAMI-MIAMI BEACH-KENDALL, FL | 388 | $ 58,897,000 | $ 151,000 | $ 61,000 |
| CLEVELAND-ELYRIA-MENTOR, OH | 383 | $ 58,369,000 | $ 152,000 | $ 64,000 |
| COLUMBUS, OH | 277 | $ 45,965,000 | $ 165,000 | $ 67,000 |
| LANSING-EAST LANSING, MI | 250 | $ 33,486,000 | $ 133,000 | $ 63,000 |
| ATLANTA-SANDY SPRINGS-MARIETTA, GA | 222 | $ 46,331,000 | $ 208,000 | $ 94,000 |
| WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV | 214 | $ 65,074,000 | $ 276,000 | $ 92,333 |
| ORLANDO-KISSIMMEE-SANFORD, FL | 194 | $ 26,372,000 | $ 135,000 | $ 59,000 |
| AKRON, OH | 185 | $ 28,712,000 | $ 155,000 | $ 62,000 |
| DAYTON, OH | 180 | $ 27,258,000 | $ 151,000 | $ 65,000 |
| PHOENIX-MESA-GLENDALE, AZ | 173 | $ 26,898,000 | $ 155,000 | $ 59,000 |
| LOUISVILLE-JEFFERSON COUNTY, KY-IN | 153 | $ 24,007,000 | $ 148,000 | $ 56,000 |
| COLORADO SPRINGS, CO | 150 | $ 27,229,000 | $ 181,000 | $ 62,000 |
| NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN | 136 | $ 23,851,000 | $ 175,000 | $ 72,000 |
| DENVER-AURORA-BROOMFIELD, CO | 132 | $ 30,462,000 | $ 230,000 | $ 99,000 |
| GRAND RAPIDS-WYOMING, MI | 129 | $ 17,740,000 | $ 137,000 | $ 64,000 |
| FORT LAUDERDALE-POMPANO BEACH-DEERFIELD BEACH, FL | 120 | $ 21,691,000 | $ 180,000 | $ 71,000 |
| FLINT, MI | 105 | $ 12,019,000 | $ 114,000 | $ 69,000 |
| CANTON-MASSILLON, OH | 104 | $ 13,951,000 | $ 134,000 | $ 56,000 |
| LAKELAND-WINTER HAVEN, FL | 104 | $ 12,078,000 | $ 116,000 | $ 52,000 |
| ANN ARBOR, MI | 96 | $ 18,242,000 | $ 190,000 | $ 86,000 |
| BALTIMORE-TOWSON, MD | 94 | $ 25,910,000 | $ 275,000 | $ 96,000 |
| GARY, IN | 88 | $ 14,621,000 | $ 166,000 | $ 67,000 |
| RICHMOND, VA | 82 | $ 17,275,000 | $ 210,000 | $ 83,000 |
| EVANSVILLE, IN-KY | 72 | $ 7,837,000 | $ 110,500 | $ 51,500 |
| MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI | 67 | $ 14,060,000 | $ 209,000 | $ 105,000 |
| VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC | 66 | $ 13,796,000 | $ 277,500 | $ 74,000 |
| HOLLAND-GRAND HAVEN, MI | 62 | $ 8,772,000 | $ 141,000 | $ 57,000 |
| CAPE CORAL-FORT MYERS, FL | 61 | $ 9,639,000 | $ 158,000 | $ 81,000 |
| FORT WAYNE, IN | 59 | $ 7,444,000 | $ 126,000 | $ 51,000 |
| KALAMAZOO-PORTAGE, MI | 59 | $ 10,041,000 | $ 170,000 | $ 80,000 |
| ALBUQUERQUE, NM | 58 | $ 11,205,000 | $ 193,000 | $ 81,000 |
| BETHESDA-ROCKVILLE-FREDERICK, MD | 57 | $ 16,040,000 | $ 281,000 | $ 91,000 |
| NORTH PORT-BRADENTON-SARASOTA, FL | 57 | $ 9,105,000 | $ 159,000 | $ 68,000 |
| ST. LOUIS, MO-IL | 53 | $ 8,726,000 | $ 164,000 | $ 61,000 |
| MONROE, MI | 52 | $ 8,693,000 | $ 167,000 | $ 75,000 |
| WEST PALM BEACH-BOCA RATON-BOYNTON BEACH, FL | 49 | $ 9,623,000 | $ 196,000 | $ 82,000 |
| TOLEDO, OH | 48 | $ 7,754,000 | $ 161,000 | $ 82,000 |
| KANSAS CITY, MO-KS | 38 | $ 6,680,000 | $ 180,500 | $ 75,500 |
| SAGINAW-SAGINAW TOWNSHIP NORTH, MI | 37 | $ 5,326,000 | $ 143,000 | $ 68,000 |
| CHARLOTTE-GASTONIA-ROCK HILL, NC-SC | 36 | $ 6,535,000 | $ 182,500 | $ 73,000 |
| JACKSON, MI | 33 | $ 5,040,000 | $ 152,000 | $ 75,000 |
| SPARTANBURG, SC | 32 | $ 4,552,000 | $ 142,000 | $ 64,000 |
| LEXINGTON-FAYETTE, KY | 31 | $ 5,418,000 | $ 174,000 | $ 71,000 |
| YOUNGSTOWN-WARREN-BOARDMAN, OH-PA | 31 | $ 4,435,000 | $ 143,000 | $ 57,000 |
| BAY CITY, MI | 30 | $ 3,794,000 | $ 126,000 | $ 55,000 |
| PUEBLO, CO | 30 | $ 3,690,000 | $ 123,000 | $ 50,000 |
| GREENVILLE-MAULDIN-EASLEY, SC | 29 | $ 5,194,000 | $ 179,000 | $ 90,000 |
| KNOXVILLE, TN | 29 | $ 4,716,000 | $ 162,000 | $ 65,000 |
| MEMPHIS, TN-MS-AR | 29 | $ 5,526,000 | $ 190,000 | $ 74,000 |
| CHARLOTTESVILLE, VA | 28 | $ 6,449,000 | $ 230,000 | $ 99,000 |
| SOUTH BEND-MISHAWAKA, IN-MI | 28 | $ 4,396,000 | $ 158,500 | $ 64,000 |
| BLOOMINGTON, IN | 26 | $ 4,367,000 | $ 167,000 | $ 63,000 |
| RALEIGH-CARY, NC | 26 | $ 5,857,000 | $ 225,000 | $ 94,000 |
| CHATTANOOGA, TN-GA | 24 | $ 4,540,000 | $ 204,500 | $ 79,000 |
| SPRINGFIELD, OH | 24 | $ 3,436,000 | $ 143,000 | $ 74,000 |
| MUSKEGON-NORTON SHORES, MI | 22 | $ 3,255,000 | $ 147,000 | $ 71,000 |
| NAPLES-MARCO ISLAND, FL | 22 | $ 3,988,000 | $ 181,000 | $ 84,000 |
| JACKSONVILLE, FL | 20 | $ 3,719,000 | $ 185,000 | $ 81,000 |
| CLARKSVILLE, TN-KY | 19 | $ 2,635,000 | $ 139,000 | $ 62,500 |
| DELTONA-DAYTONA BEACH-ORMOND BEACH, FL | 19 | $ 2,195,000 | $ 115,000 | $ 59,000 |
| MANSFIELD, OH | 19 | $ 2,714,000 | $ 142,000 | $ 41,000 |
| TERRE HAUTE, IN | 18 | $ 2,118,000 | $ 117,000 | $ 47,000 |
| COLUMBIA, SC | 16 | $ 3,156,000 | $ 197,000 | $ 87,000 |
| NILES-BENTON HARBOR, MI | 16 | $ 2,368,000 | $ 148,000 | $ 65,000 |
| OCALA, FL | 16 | $ 2,068,000 | $ 129,000 | $ 53,000 |
| ROCKINGHAM COUNTY-STRAFFORD COUNTY, NH | 16 | $ 3,816,000 | $ 238,000 | $ 109,000 |
| KOKOMO, IN | 15 | $ 1,576,000 | $ 105,000 | $ 60,000 |
| ANDERSON, IN | 14 | $ 1,468,000 | $ 104,000 | $ 44,000 |
| BATTLE CREEK, MI | 14 | $ 2,185,000 | $ 156,000 | $ 72,000 |
| LAFAYETTE, IN | 14 | $ 2,069,000 | $ 147,000 | $ 65,000 |
| MANCHESTER-NASHUA, NH | 14 | $ 3,832,000 | $ 273,000 | $ 126,000 |
| TALLAHASSEE, FL | 14 | $ 2,440,000 | $ 174,000 | $ 82,000 |
| AUGUSTA-RICHMOND COUNTY, GA-SC | 13 | $ 1,816,000 | $ 156,500 | $ 63,500 |
| JOPLIN, MO | 13 | $ 1,650,000 | $ 126,000 | $ 52,000 |
| PORT ST. LUCIE, FL | 13 | $ 2,749,000 | $ 211,000 | $ 96,000 |
| SAVANNAH, GA | 13 | $ 2,120,000 | $ 163,000 | $ 69,000 |
| CHARLESTON-NORTH CHARLESTON-SUMMERVILLE, SC | 12 | $ 2,619,000 | $ 218,000 | $ 70,000 |
| MACON, GA | 12 | $ 1,819,000 | $ 151,000 | $ 67,000 |
| MYRTLE BEACH-NORTH MYRTLE BEACH-CONWAY, SC | 12 | $ 2,611,000 | $ 217,000 | $ 70,000 |
| ANDERSON, SC | 11 | $ 1,785,000 | $ 162,000 | $ 67,000 |
| BOWLING GREEN, KY | 11 | $ 1,959,000 | $ 178,000 | $ 84,000 |
| ELIZABETHTOWN, KY | 11 | $ 1,902,000 | $ 172,000 | $ 57,000 |
| LAS CRUCES, NM | 11 | $ 1,964,000 | $ 178,000 | $ 54,000 |
| LYNCHBURG, VA | 11 | $ 1,569,000 | $ 142,000 | $ 63,000 |
| MUNCIE, IN | 11 | $ 1,030,000 | $ 93,000 | $ 44,000 |
| PALM BAY-MELBOURNE-TITUSVILLE, FL | 11 | $ 1,336,000 | $ 121,000 | $ 46,000 |
| ROANOKE, VA | 11 | $ 1,845,000 | $ 167,000 | $ 60,000 |
| SANDUSKY, OH | 11 | $ 1,506,000 | $ 136,000 | $ 49,000 |
| ELKHART-GOSHEN, IN | 10 | $ 1,272,000 | $ 127,000 | $ 44,000 |
| GREELEY, CO | 10 | $ 2,002,000 | $ 200,000 | $ 61,000 |
| PUNTA GORDA, FL | 10 | $ 1,149,000 | $ 114,000 | $ 47,000 |
| ASHEVILLE, NC | 9 | $ 1,776,000 | $ 197,000 | $ 67,000 |
| PORTLAND-VANCOUVER-HILLSBORO, OR-WA | 9 | $ 1,951,000 | $ 216,000 | $ 88,000 |
| CLEVELAND, TN | 8 | $ 1,540,000 | $ 192,000 | $ 67,000 |
| FORT COLLINS-LOVELAND, CO | 8 | $ 1,342,000 | $ 167,000 | $ 54,000 |
| MICHIGAN CITY-LA PORTE, IN | 8 | $ 874,000 | $ 109,000 | $ 50,000 |
| SANTA FE, NM | 8 | $ 1,851,000 | $ 231,000 | $ 75,000 |
| BLACKSBURG-CHRISTIANSBURG-RADFORD, VA | 7 | $ 1,891,000 | $ 270,000 | $ 78,000 |
| KINGSPORT-BRISTOL-BRISTOL, TN-VA | 7 | $ 1,045,000 | $ 145,500 | $ 81,500 |
| SPRINGFIELD, MO | 7 | $ 1,014,000 | $ 144,000 | $ 45,000 |
| WILMINGTON, NC | 7 | $ 1,655,000 | $ 236,000 | $ 100,000 |
| COLUMBUS, IN | 6 | $ 759,000 | $ 126,000 | $ 58,000 |
| LIMA, OH | 6 | $ 821,000 | $ 136,000 | $ 55,000 |
| MORRISTOWN, TN | 6 | $ 871,000 | $ 145,000 | $ 50,000 |
| WICHITA, KS | 6 | $ 1,028,000 | $ 171,000 | $ 77,000 |
| WINCHESTER, VA-WV | 6 | $ 1,553,000 | $ 258,000 | $ 78,000 |
| WINSTON-SALEM, NC | 6 | $ 1,205,000 | $ 200,000 | $ 58,000 |
| BOULDER, CO | 5 | $ 1,156,000 | $ 231,000 | $ 104,000 |
| CAPE GIRARDEAU-JACKSON, MO-IL | 5 | $ 700,000 | $ 140,000 | $ 73,000 |
| FARMINGTON, NM | 5 | $ 1,038,000 | $ 207,000 | $ 65,000 |
| JACKSON, TN | 5 | $ 1,024,000 | $ 204,000 | $ 70,000 |
| PENSACOLA-FERRY PASS-BRENT, FL | 5 | $ 633,000 | $ 126,000 | $ 46,000 |
| CRESTVIEW-FORT WALTON BEACH-DESTIN, FL | 4 | $ 533,000 | $ 133,000 | $ 49,000 |
| GAINESVILLE, GA | 4 | $ 715,000 | $ 178,000 | $ 69,000 |
| GREENSBORO-HIGH POINT, NC | 4 | $ 697,000 | $ 174,000 | $ 62,000 |
| JOHNSON CITY, TN | 4 | $ 954,000 | $ 238,000 | $ 148,000 |
| NEW HAVEN-MILFORD, CT | 4 | $ 1,005,000 | $ 251,000 | $ 105,000 |
| OWENSBORO, KY | 4 | $ 618,000 | $ 154,000 | $ 70,000 |
| PANAMA CITY-LYNN HAVEN-PANAMA CITY BEACH, FL | 4 | $ 657,000 | $ 164,000 | $ 65,000 |
| PARKERSBURG-MARIETTA-VIENNA, WV-OH | 4 | $ 469,000 | $ 117,000 | $ 49,000 |
| ROCHESTER, MN | 4 | $ 784,000 | $ 196,000 | $ 77,000 |
| STEUBENVILLE-WEIRTON, OH-WV | 4 | $ 650,000 | $ 162,000 | $ 116,000 |
| TUCSON, AZ | 4 | $ 757,000 | $ 189,000 | $ 70,000 |
| WHEELING, WV-OH | 4 | $ 633,000 | $ 158,000 | $ 54,000 |
| ATHENS-CLARKE COUNTY, GA | 3 | $ 566,000 | $ 188,000 | $ 76,000 |
| HARRISONBURG, VA | 3 | $ 502,000 | $ 167,000 | $ 45,000 |
| HICKORY-LENOIR-MORGANTON, NC | 3 | $ 734,000 | $ 244,000 | $ 76,000 |
| HINESVILLE-FORT STEWART, GA | 3 | $ 612,000 | $ 204,000 | $ 92,000 |
| HUNTINGTON-ASHLAND, WV-KY-OH | 3 | $ 340,000 | $ 113,000 | $ 42,000 |
| LAWRENCE, KS | 3 | $ 517,000 | $ 172,000 | $ 48,000 |
| BIRMINGHAM-HOOVER, AL | 2 | $ 423,000 | $ 211,000 | $ 136,000 |
| BRIDGEPORT-STAMFORD-NORWALK, CT | 2 | $ 529,000 | $ 264,000 | $ 79,000 |
| DALTON, GA | 2 | $ 260,000 | $ 130,000 | $ 49,000 |
| DANVILLE, VA | 2 | $ 196,000 | $ 98,000 | $ 32,000 |
| DULUTH, MN-WI | 2 | $ 599,000 | $ 299,000 | $ 109,000 |
| DURHAM-CHAPEL HILL, NC | 2 | $ 615,000 | $ 307,000 | $ 107,000 |
| FAYETTEVILLE, NC | 2 | $ 367,000 | $ 183,000 | $ 28,000 |
| GAINESVILLE, FL | 2 | $ 596,000 | $ 298,000 | $ 85,000 |
| GREENVILLE, NC | 2 | $ 400,000 | $ 200,000 | $ 22,000 |
| HARTFORD-WEST HARTFORD-EAST HARTFORD, CT | 2 | $ 330,000 | $ 165,000 | $ 52,000 |
| JACKSONVILLE, NC | 2 | $ 456,000 | $ 228,000 | $ 48,000 |
| LAKE HAVASU CITY-KINGMAN, AZ | 2 | $ 130,000 | $ 65,000 | $ 37,000 |
| MANKATO-NORTH MANKATO, MN | 2 | $ 348,000 | $ 174,000 | $ 52,000 |
| ST. CLOUD, MN | 2 | $ 381,000 | $ 190,000 | $ 45,000 |
| TOPEKA, KS | 2 | $ 427,000 | $ 213,000 | $ 78,000 |
| VALDOSTA, GA | 2 | $ 152,000 | $ 76,000 | $ 18,000 |
| WARNER ROBINS, GA | 2 | $ 255,000 | $ 127,000 | $ 50,000 |
| BELLINGHAM, WA | 1 | $ 246,000 | $ 246,000 | $ 76,000 |
| BEND, OR | 1 | $ 295,000 | $ 295,000 | $ 68,000 |
| BRUNSWICK, GA | 1 | $ 129,000 | $ 129,000 | $ 36,000 |
| BURLINGTON, NC | 1 | $ 173,000 | $ 173,000 | $ 84,000 |
| CHICAGO-JOLIET-NAPERVILLE, IL | 1 | $ 104,000 | $ 104,000 | $ 118,000 |
| COLUMBIA, MO | 1 | $ 355,000 | $ 355,000 | $ 109,000 |
| COLUMBUS, GA-AL | 1 | $ 130,000 | $ 130,000 | $ 82,000 |
| DALLAS-PLANO-IRVING, TX | 1 | $ 112,000 | $ 112,000 | $ 57,000 |
| EUGENE-SPRINGFIELD, OR | 1 | $ 130,000 | $ 130,000 | $ 28,000 |
| FARGO, ND-MN | 1 | $ 250,000 | $ 250,000 | $ 106,000 |
| FLAGSTAFF, AZ | 1 | $ 123,000 | $ 123,000 | $ 32,000 |
| FLORENCE, SC | 1 | $ 188,000 | $ 188,000 | $ 0 |
| GADSDEN, AL | 1 | $ 105,000 | $ 105,000 | $ 68,000 |
| GRAND JUNCTION, CO | 1 | $ 216,000 | $ 216,000 | $ 112,000 |
| JEFFERSON CITY, MO | 1 | $ 122,000 | $ 122,000 | $ 82,000 |
| MANHATTAN, KS | 1 | $ 269,000 | $ 269,000 | $ 106,000 |
| MOBILE, AL | 1 | $ 156,000 | $ 156,000 | $ 100,000 |
| NEW ORLEANS-METAIRIE-KENNER, LA | 1 | $ 244,000 | $ 244,000 | $ 73,000 |
| PALM COAST, FL | 1 | $ 192,000 | $ 192,000 | $ 453,000 |
| PEABODY, MA | 1 | $ 256,000 | $ 256,000 | $ 59,000 |
| POCATELLO, ID | 1 | $ 208,000 | $ 208,000 | $ 77,000 |
| PRESCOTT, AZ | 1 | $ 161,000 | $ 161,000 | $ 63,000 |
| READING, PA | 1 | $ 307,000 | $ 307,000 | $ 103,000 |
| ROME, GA | 1 | $ 244,000 | $ 244,000 | $ 85,000 |
| SALEM, OR | 1 | $ 89,000 | $ 89,000 | $ 25,000 |
| SALISBURY, MD | 1 | $ 224,000 | $ 224,000 | $ 42,000 |
| SCRANTON--WILKES-BARRE, PA | 1 | $ 104,000 | $ 104,000 | $ 52,000 |
| SEBASTIAN-VERO BEACH, FL | 1 | $ 359,000 | $ 359,000 | $ 94,000 |
| SUMTER, SC | 1 | $ 193,000 | $ 193,000 | $ 74,000 |
| TACOMA, WA | 1 | $ 189,000 | $ 189,000 | $ 36,000 |
| WILMINGTON, DE-MD-NJ | 1 | $ 345,000 | $ 345,000 | $ 123,000 |
| YUMA, AZ | 1 | $ 124,000 | $ 124,000 | $ 0 |
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 Michigan Mutual, Inc. in 2010
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 | 6,577 | $1,204,863,000 | $183,000 | $746,000 | $78,000 | $1,223,000 |
| Home Purchase | 5,088 | $668,848,000 | $131,000 | $743,000 | $58,000 | $1,007,000 |
| Home Improvement | 55 | $8,451,000 | $153,000 | $426,000 | $73,000 | $246,000 |
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 | 9,208 | $1,493,412,000 | $162,000 | $743,000 | $71,000 | $1,223,000 |
| Hispanic | 904 | $128,194,000 | $141,000 | $424,000 | $53,000 | $450,000 |
| Black or African American | 839 | $123,246,000 | $146,000 | $559,000 | $59,000 | $534,000 |
| Not Provided | 514 | $89,442,000 | $174,000 | $746,000 | $76,000 | $552,000 |
| Asian | 202 | $39,172,000 | $193,000 | $665,000 | $80,000 | $400,000 |
| Native Hawaiian or Other Pacific Islander | 35 | $6,190,000 | $176,000 | $413,000 | $70,000 | $192,000 |
| American Indian or Alaskan Native | 18 | $2,506,000 | $139,000 | $225,000 | $57,000 | $144,000 |
| 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 |
|---|---|---|---|---|---|---|
| FHA-insured (Federal Housing Administration) | 8,226 | $1,264,368,000 | $153,000 | $746,000 | $61,000 | $1,223,000 |
| Conventional (any loan other than FHA, VA, FSA, or RHS loans) | 2,983 | $561,154,000 | $188,000 | $570,000 | $97,000 | $700,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) | 493 | $53,897,000 | $109,000 | $338,000 | $42,000 | $150,000 |
| VA-guaranteed (Veterans Administration) | 18 | $2,743,000 | $152,000 | $346,000 | $66,000 | $141,000 |
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 Purchased By The Institution | 4,890 | $771,256,000 | $157,000 | $746,000 | $67,000 | $1,223,000 |
| Application Withdrawn By Applicant | 2,269 | $354,425,000 | $156,000 | $540,000 | $69,000 | $693,000 |
| Application Denied By Financial Institution | 1,842 | $288,257,000 | $156,000 | $665,000 | $66,000 | $1,007,000 |
| Loan Originated | 1,649 | $296,345,000 | $179,000 | $660,000 | $84,000 | $563,000 |
| Application Approved But Not Accepted | 1,062 | $170,534,000 | $160,000 | $737,000 | $65,000 | $491,000 |
| File Closed For Incompleteness | 8 | $1,345,000 | $168,000 | $410,000 | $59,000 | $124,000 |
| 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 |
|---|---|---|---|---|---|---|
| Other | 616 | $89,573,000 | $145,000 | $665,000 | $71,000 | $1,007,000 |
| Collateral | 452 | $80,049,000 | $177,000 | $570,000 | $84,000 | $600,000 |
| Debt-To-Income Ratio | 377 | $61,496,000 | $163,000 | $427,000 | $43,000 | $281,000 |
| Credit History | 238 | $31,167,000 | $130,000 | $565,000 | $53,000 | $360,000 |
| Employment History | 69 | $9,203,000 | $133,000 | $417,000 | $38,000 | $125,000 |
| Insufficient Cash (Downpayment, Closing Cost) | 53 | $9,741,000 | $183,000 | $405,000 | $78,000 | $192,000 |
| Unverifiable Information | 36 | $6,611,000 | $183,000 | $416,000 | $105,000 | $700,000 |
| Mortgage Insurance Denied | 1 | $417,000 | $417,000 | $417,000 | $278,000 | $278,000 |
| Credit Application Incomplete | 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.