Michigan Mutual, Inc.
Mortgage Loan Application
Totals and Details
for 2017

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 2003-2018.

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 2018  2017  2016  2015  2014  2013  2012  2011  2010  2009  2008  2007  2006  2005  2004  
Total Number of Mortgage Applications 8,209
Total Mortgage Loan Application Amount $1,929,685,000
Average Mortgage Loan Application Amount $164,333
Highest Mortgage Loan Application Amount $2,089,000
Average Applicant Income $79,000
Highest Applicant Income $6,005,000

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 Michigan Mutual, Inc. by Metropolitan Area in 2017

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 1,306 $ 246,208,000 $ 188,000 $ 81,000
LOS ANGELES-LONG BEACH-GLENDALE, CA 475 $ 196,152,000 $ 412,000 $ 120,000
PHOENIX-MESA-SCOTTSDALE, AZ 410 $ 90,954,000 $ 221,000 $ 88,000
RIVERSIDE-SAN BERNARDINO-ONTARIO, CA 403 $ 115,355,000 $ 286,000 $ 91,000
TAMPA-ST. PETERSBURG-CLEARWATER, FL 395 $ 82,003,000 $ 207,000 $ 80,000
BAKERSFIELD, CA 236 $ 54,835,000 $ 232,000 $ 90,000
DETROIT-DEARBORN-LIVONIA, MI 233 $ 40,312,000 $ 173,000 $ 77,000
NEW YORK-JERSEY CITY-WHITE PLAINS, NY-NJ 162 $ 51,782,000 $ 319,000 $ 128,000
ST. LOUIS, MO-IL 157 $ 25,944,000 $ 152,000 $ 74,500
ATLANTA-SANDY SPRINGS-ROSWELL, GA 148 $ 22,515,000 $ 152,000 $ 55,000
FORT WORTH-ARLINGTON, TX 142 $ 29,326,000 $ 206,000 $ 97,000
ANAHEIM-SANTA ANA-IRVINE, CA 135 $ 62,195,000 $ 460,000 $ 123,000
SAN DIEGO-CARLSBAD, CA 134 $ 59,048,000 $ 440,000 $ 128,000
INDIANAPOLIS-CARMEL-ANDERSON, IN 120 $ 18,774,000 $ 156,000 $ 64,000
ORLANDO-KISSIMMEE-SANFORD, FL 116 $ 23,872,000 $ 205,000 $ 66,000
GARY, IN 97 $ 18,596,000 $ 191,000 $ 78,000
ALBUQUERQUE, NM 95 $ 21,249,000 $ 223,000 $ 106,000
SAN JOSE-SUNNYVALE-SANTA CLARA, CA 86 $ 46,017,000 $ 535,000 $ 143,000
NEWARK, NJ-PA 74 $ 20,798,000 $ 281,000 $ 102,000
MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI 73 $ 15,141,000 $ 207,000 $ 82,000
HOUSTON-THE WOODLANDS-SUGAR LAND, TX 70 $ 13,716,000 $ 195,000 $ 90,000
FORT WAYNE, IN 66 $ 7,691,000 $ 116,000 $ 46,000
DALLAS-PLANO-IRVING, TX 65 $ 15,337,000 $ 235,000 $ 108,000
MIAMI-MIAMI BEACH-KENDALL, FL 65 $ 16,901,000 $ 260,000 $ 70,000
BALTIMORE-COLUMBIA-TOWSON, MD 64 $ 17,306,000 $ 270,000 $ 106,000
FLORENCE, SC 64 $ 7,774,000 $ 121,000 $ 52,000
OAKLAND-HAYWARD-BERKELEY, CA 64 $ 28,773,000 $ 449,000 $ 103,000
OXNARD-THOUSAND OAKS-VENTURA, CA 64 $ 26,481,000 $ 413,000 $ 111,000
ANN ARBOR, MI 61 $ 13,592,000 $ 222,000 $ 99,000
SACRAMENTO--ROSEVILLE--ARDEN-ARCADE, CA 59 $ 18,627,000 $ 315,000 $ 105,000
WEST PALM BEACH-BOCA RATON-DELRAY BEACH, FL 59 $ 13,183,000 $ 223,000 $ 61,000
FLINT, MI 57 $ 8,874,000 $ 155,000 $ 68,000
CHICAGO-NAPERVILLE-ARLINGTON HEIGHTS, IL 55 $ 13,425,000 $ 244,000 $ 70,000
HAGERSTOWN-MARTINSBURG, MD-WV 51 $ 9,556,000 $ 187,000 $ 62,000
WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV 51 $ 15,213,000 $ 307,750 $ 107,000
NORTH PORT-SARASOTA-BRADENTON, FL 46 $ 11,166,000 $ 242,000 $ 97,000
PHILADELPHIA, PA 44 $ 8,592,000 $ 195,000 $ 95,000
FARMINGTON, NM 40 $ 6,744,000 $ 168,000 $ 92,000
TULSA, OK 40 $ 5,492,000 $ 137,000 $ 61,000
GRAND RAPIDS-WYOMING, MI 35 $ 5,973,000 $ 170,000 $ 62,000
LAKE HAVASU CITY-KINGMAN, AZ 34 $ 5,245,000 $ 154,000 $ 54,000
DENVER-AURORA-LAKEWOOD, CO 33 $ 10,078,000 $ 305,000 $ 95,000
LANSING-EAST LANSING, MI 33 $ 4,632,000 $ 140,000 $ 60,000
FORT LAUDERDALE-POMPANO BEACH-DEERFIELD BEACH, FL 32 $ 8,092,000 $ 252,000 $ 94,000
CAMDEN, NJ 31 $ 6,555,000 $ 211,000 $ 78,000
SUMTER, SC 31 $ 3,038,000 $ 98,000 $ 44,000
LAKELAND-WINTER HAVEN, FL 30 $ 4,663,000 $ 155,000 $ 55,000
SEATTLE-BELLEVUE-EVERETT, WA 30 $ 11,278,000 $ 375,000 $ 140,000
COLUMBIA, SC 27 $ 4,142,000 $ 153,000 $ 57,000
DELTONA-DAYTONA BEACH-ORMOND BEACH, FL 25 $ 4,756,000 $ 190,000 $ 67,000
MERCED, CA 24 $ 5,761,000 $ 240,000 $ 85,000
JACKSONVILLE, FL 21 $ 4,315,000 $ 205,000 $ 68,000
STOCKTON-LODI, CA 21 $ 5,406,000 $ 257,000 $ 84,000
LOUISVILLE/JEFFERSON COUNTY, KY-IN 19 $ 2,322,000 $ 191,000 $ 56,500
SAN FRANCISCO-REDWOOD CITY-SOUTH SAN FRANCISCO, CA 19 $ 8,269,000 $ 435,000 $ 92,000
SAN LUIS OBISPO-PASO ROBLES-ARROYO GRANDE, CA 19 $ 8,385,000 $ 441,000 $ 108,000
MEMPHIS, TN-MS-AR 18 $ 2,256,000 $ 125,000 $ 51,000
FRESNO, CA 16 $ 3,252,000 $ 203,000 $ 109,000
CHARLOTTE-CONCORD-GASTONIA, NC-SC 15 $ 3,463,000 $ 194,000 $ 186,000
MONTGOMERY COUNTY-BUCKS COUNTY-CHESTER COUNTY, PA 15 $ 3,967,000 $ 264,000 $ 110,000
SANTA FE, NM 14 $ 4,163,000 $ 297,000 $ 121,000
MONTGOMERY, AL 13 $ 1,908,000 $ 146,000 $ 60,000
PENSACOLA-FERRY PASS-BRENT, FL 13 $ 1,604,000 $ 123,000 $ 124,000
PORT ST. LUCIE, FL 13 $ 2,761,000 $ 212,000 $ 76,000
PRESCOTT, AZ 13 $ 2,453,000 $ 188,000 $ 69,000
COLORADO SPRINGS, CO 12 $ 3,347,000 $ 278,000 $ 67,000
SAN ANTONIO-NEW BRAUNFELS, TX 12 $ 2,995,000 $ 249,000 $ 133,000
TERRE HAUTE, IN 12 $ 1,629,000 $ 135,000 $ 87,000
SANTA ROSA, CA 11 $ 4,688,000 $ 426,000 $ 246,000
LAKE COUNTY-KENOSHA COUNTY, IL-WI 10 $ 2,067,000 $ 206,000 $ 71,000
MONROE, MI 10 $ 1,490,000 $ 149,000 $ 84,000
PORTLAND-VANCOUVER-HILLSBORO, OR-WA 10 $ 3,004,000 $ 291,000 $ 83,500
TUCSON, AZ 10 $ 1,344,000 $ 134,000 $ 118,000
CAPE CORAL-FORT MYERS, FL 9 $ 1,901,000 $ 211,000 $ 84,000
CHARLESTON-NORTH CHARLESTON, SC 9 $ 1,998,000 $ 222,000 $ 94,000
MODESTO, CA 9 $ 2,264,000 $ 251,000 $ 86,000
PALM BAY-MELBOURNE-TITUSVILLE, FL 9 $ 2,171,000 $ 241,000 $ 66,000
SALINAS, CA 9 $ 3,087,000 $ 343,000 $ 94,000
ATHENS-CLARKE COUNTY, GA 8 $ 1,387,000 $ 173,000 $ 54,000
ATLANTIC CITY-HAMMONTON, NJ 8 $ 1,648,000 $ 206,000 $ 56,000
COLUMBUS, OH 8 $ 2,173,000 $ 271,000 $ 108,000
EAST STROUDSBURG, PA 8 $ 1,239,000 $ 154,000 $ 74,000
EL PASO, TX 8 $ 1,193,000 $ 149,000 $ 56,000
HOMOSASSA SPRINGS, FL 8 $ 1,005,000 $ 125,000 $ 49,000
PITTSBURGH, PA 8 $ 1,144,000 $ 143,000 $ 53,000
SANTA CRUZ-WATSONVILLE, CA 8 $ 3,637,000 $ 454,000 $ 121,000
JACKSON, MI 7 $ 1,165,000 $ 166,000 $ 66,000
TEXARKANA, TX-AR 7 $ 931,000 $ 112,500 $ 55,000
VALLEJO-FAIRFIELD, CA 7 $ 2,341,000 $ 334,000 $ 62,000
YOUNGSTOWN-WARREN-BOARDMAN, OH-PA 7 $ 706,000 $ 100,000 $ 43,000
AUSTIN-ROUND ROCK, TX 6 $ 1,458,000 $ 243,000 $ 83,000
BREMERTON-SILVERDALE, WA 6 $ 2,102,000 $ 350,000 $ 90,000
CHICO, CA 6 $ 1,624,000 $ 270,000 $ 95,000
FLAGSTAFF, AZ 6 $ 1,442,000 $ 240,000 $ 189,000
KINGSPORT-BRISTOL-BRISTOL, TN-VA 6 $ 1,065,000 $ 177,000 $ 78,000
VISALIA-PORTERVILLE, CA 6 $ 1,257,000 $ 209,000 $ 66,000
BIRMINGHAM-HOOVER, AL 5 $ 844,000 $ 168,000 $ 48,000
COLUMBUS, IN 5 $ 820,000 $ 164,000 $ 66,000
CRESTVIEW-FORT WALTON BEACH-DESTIN, FL 5 $ 1,262,000 $ 252,000 $ 57,000
ELGIN, IL 5 $ 1,141,000 $ 228,000 $ 36,000
HANFORD-CORCORAN, CA 5 $ 1,062,000 $ 212,000 $ 62,000
KALAMAZOO-PORTAGE, MI 5 $ 767,000 $ 153,000 $ 59,000
MILWAUKEE-WAUKESHA-WEST ALLIS, WI 5 $ 1,066,000 $ 213,000 $ 53,000
MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC 5 $ 623,000 $ 124,000 $ 36,000
READING, PA 5 $ 531,000 $ 106,000 $ 39,000
TACOMA-LAKEWOOD, WA 5 $ 1,630,000 $ 326,000 $ 88,000
CINCINNATI, OH-KY-IN 4 $ 873,000 $ 196,000 $ 86,000
MOUNT VERNON-ANACORTES, WA 4 $ 1,114,000 $ 278,000 $ 75,000
NAPLES-IMMOKALEE-MARCO ISLAND, FL 4 $ 989,000 $ 247,000 $ 127,000
NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN 4 $ 1,142,000 $ 285,000 $ 135,000
OCEAN CITY, NJ 4 $ 1,173,000 $ 293,000 $ 44,000
PUNTA GORDA, FL 4 $ 693,000 $ 173,000 $ 68,000
RICHMOND, VA 4 $ 680,000 $ 170,000 $ 68,000
SAGINAW, MI 4 $ 700,000 $ 175,000 $ 83,000
SALT LAKE CITY, UT 4 $ 860,000 $ 215,000 $ 77,000
TRENTON, NJ 4 $ 756,000 $ 189,000 $ 79,000
ALLENTOWN-BETHLEHEM-EASTON, PA-NJ 3 $ 1,099,000 $ 366,000 $ 145,000
AUGUSTA-RICHMOND COUNTY, GA-SC 3 $ 545,000 $ 164,500 $ 61,500
MADERA, CA 3 $ 580,000 $ 193,000 $ 65,000
MANKATO-NORTH MANKATO, MN 3 $ 597,000 $ 199,000 $ 53,000
MICHIGAN CITY-LA PORTE, IN 3 $ 420,000 $ 140,000 $ 71,000
OKLAHOMA CITY, OK 3 $ 347,000 $ 115,000 $ 36,000
ROCHESTER, MN 3 $ 602,000 $ 200,000 $ 82,000
SANTA MARIA-SANTA BARBARA, CA 3 $ 1,171,000 $ 390,000 $ 78,000
SILVER SPRING-FREDERICK-ROCKVILLE, MD 3 $ 1,675,000 $ 558,000 $ 216,000
TALLAHASSEE, FL 3 $ 740,000 $ 246,000 $ 97,000
BATTLE CREEK, MI 2 $ 442,000 $ 221,000 $ 174,000
BAY CITY, MI 2 $ 181,000 $ 90,000 $ 51,000
BEAUMONT-PORT ARTHUR, TX 2 $ 322,000 $ 161,000 $ 73,000
BELLINGHAM, WA 2 $ 770,000 $ 385,000 $ 83,000
CALIFORNIA-LEXINGTON PARK, MD 2 $ 368,000 $ 184,000 $ 124,000
CLEVELAND-ELYRIA, OH 2 $ 152,000 $ 76,000 $ 38,000
DANVILLE, IL 2 $ 170,000 $ 85,000 $ 56,000
EUGENE, OR 2 $ 363,000 $ 181,000 $ 60,000
GAINESVILLE, FL 2 $ 290,000 $ 145,000 $ 14,000
KANSAS CITY, MO-KS 2 $ 360,000 $ 180,000 $ 56,000
KOKOMO, IN 2 $ 214,000 $ 107,000 $ 43,000
LANCASTER, PA 2 $ 495,000 $ 247,000 $ 140,000
LUBBOCK, TX 2 $ 268,000 $ 134,000 $ 55,000
LYNCHBURG, VA 2 $ 649,000 $ 324,000 $ 151,000
MEDFORD, OR 2 $ 340,000 $ 170,000 $ 33,000
MIDLAND, MI 2 $ 400,000 $ 200,000 $ 112,000
MIDLAND, TX 2 $ 470,000 $ 235,000 $ 93,000
MUSKEGON, MI 2 $ 373,000 $ 186,000 $ 47,000
NILES-BENTON HARBOR, MI 2 $ 314,000 $ 157,000 $ 61,000
ODESSA, TX 2 $ 422,000 $ 211,000 $ 67,000
OLYMPIA-TUMWATER, WA 2 $ 503,000 $ 251,000 $ 95,000
PROVO-OREM, UT 2 $ 476,000 $ 238,000 $ 48,000
PUEBLO, CO 2 $ 146,000 $ 73,000 $ 17,000
SHERMAN-DENISON, TX 2 $ 353,000 $ 176,000 $ 57,000
SPARTANBURG, SC 2 $ 573,000 $ 286,000 $ 100,000
SPOKANE-SPOKANE VALLEY, WA 2 $ 452,000 $ 226,000 $ 307,000
SPRINGFIELD, MO 2 $ 260,000 $ 130,000 $ 40,000
STATE COLLEGE, PA 2 $ 204,000 $ 102,000 $ 45,000
THE VILLAGES, FL 2 $ 279,000 $ 139,000 $ 57,000
TOLEDO, OH 2 $ 435,000 $ 217,000 $ 71,000
WEIRTON-STEUBENVILLE, WV-OH 2 $ 236,000 $ 118,000 $ 57,000
WILMINGTON, DE-MD-NJ 2 $ 285,000 $ 142,500 $ 62,000
YUMA, AZ 2 $ 461,000 $ 230,000 $ 109,000
ANNISTON-OXFORD-JACKSONVILLE, AL 1 $ 125,000 $ 125,000 $ 42,000
APPLETON, WI 1 $ 138,000 $ 138,000 $ 57,000
AUBURN-OPELIKA, AL 1 $ 210,000 $ 210,000 $ 109,000
BEND-REDMOND, OR 1 $ 204,000 $ 204,000 $ 46,000
BOULDER, CO 1 $ 225,000 $ 225,000 $ 54,000
CHAMPAIGN-URBANA, IL 1 $ 242,000 $ 242,000 $ 62,000
CHARLOTTESVILLE, VA 1 $ 131,000 $ 131,000 $ 122,000
COLUMBUS, GA-AL 1 $ 152,000 $ 152,000 $ 33,000
DAPHNE-FAIRHOPE-FOLEY, AL 1 $ 480,000 $ 480,000 $ 403,000
FAYETTEVILLE-SPRINGDALE-ROGERS, AR-MO 1 $ 204,000 $ 204,000 $ 50,000
GRAND JUNCTION, CO 1 $ 118,000 $ 118,000 $ 50,000
GREEN BAY, WI 1 $ 66,000 $ 66,000 $ 48,000
GREENSBORO-HIGH POINT, NC 1 $ 361,000 $ 361,000 $ 172,000
GREENVILLE-ANDERSON-MAULDIN, SC 1 $ 960,000 $ 960,000 $ 666,000
HICKORY-LENOIR-MORGANTON, NC 1 $ 93,000 $ 93,000 $ 78,000
HILTON HEAD ISLAND-BLUFFTON-BEAUFORT, SC 1 $ 380,000 $ 380,000 $ 228,000
KENNEWICK-RICHLAND, WA 1 $ 164,000 $ 164,000 $ 37,000
KNOXVILLE, TN 1 $ 224,000 $ 224,000 $ 40,000
LAFAYETTE-WEST LAFAYETTE, IN 1 $ 145,000 $ 145,000 $ 66,000
MACON-BIBB COUNTY, GA 1 $ 77,000 $ 77,000 $ 72,000
MANSFIELD, OH 1 $ 145,000 $ 145,000 $ 75,000
OCALA, FL 1 $ 326,000 $ 326,000 $ 174,000
OSHKOSH-NEENAH, WI 1 $ 350,000 $ 350,000 $ 131,000
PEORIA, IL 1 $ 142,000 $ 142,000 $ 68,000
PORTLAND-SOUTH PORTLAND, ME 1 $ 173,000 $ 173,000 $ 36,000
RALEIGH, NC 1 $ 315,000 $ 315,000 $ 75,000
REDDING, CA 1 $ 176,000 $ 176,000 $ 42,000
ROANOKE, VA 1 $ 169,000 $ 169,000 $ 61,000
SALEM, OR 1 $ 232,000 $ 232,000 $ 49,000
SALISBURY, MD-DE 1 $ 424,000 $ 424,000 $ 184,000
SAN RAFAEL, CA 1 $ 384,000 $ 384,000 $ 156,000
SCRANTON--WILKES-BARRE--HAZLETON, PA 1 $ 137,000 $ 137,000 $ 57,000
SEBASTIAN-VERO BEACH, FL 1 $ 271,000 $ 271,000 $ 75,000
SIERRA VISTA-DOUGLAS, AZ 1 $ 288,000 $ 288,000 $ 235,000
SOUTH BEND-MISHAWAKA, IN-MI 1 $ 137,000 $ 137,000 $ 70,000
WARNER ROBINS, GA 1 $ 280,000 $ 280,000 $ 215,000
YAKIMA, WA 1 $ 192,000 $ 192,000 $ 141,000
YUBA CITY, CA 1 $ 370,000 $ 370,000 $ 68,000

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 Michigan Mutual, Inc. in 2017

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 5,560 $1,217,610,000 $218,000 $1,664,000 $83,000 $1,383,000
Refinancing 2,647 $712,063,000 $269,000 $2,089,000 $97,000 $6,005,000
Home Improvement 2 $12,000 $6,000 $7,000 $57,000 $59,000

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 5,526 $1,269,634,000 $229,000 $2,089,000 $91,000 $6,005,000
Hispanic 1,387 $332,379,000 $239,000 $1,000,000 $73,000 $816,000
Black or African American 706 $140,271,000 $198,000 $1,125,000 $74,000 $1,375,000
Asian 297 $102,086,000 $343,000 $1,250,000 $115,000 $990,000
Not Provided 222 $65,805,000 $296,000 $1,440,000 $103,000 $1,067,000
Native Hawaiian or Other Pacific Islander 37 $11,585,000 $313,000 $648,000 $90,000 $255,000
American Indian or Alaskan Native 33 $7,660,000 $232,000 $1,053,000 $78,000 $255,000
Not applicable 1 $265,000 $265,000 $265,000 $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) 4,202 $1,099,405,000 $261,000 $2,089,000 $108,000 $1,503,000
FHA-insured (Federal Housing Administration) 3,120 $625,034,000 $200,000 $897,000 $65,000 $6,005,000
VA-guaranteed (Veterans Administration) 598 $161,746,000 $270,000 $1,187,000 $78,000 $330,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 289 $43,500,000 $150,000 $427,000 $49,000 $122,000

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 5,385 $1,235,638,000 $229,000 $1,664,000 $87,000 $1,503,000
Application Withdrawn By Applicant 1,562 $371,268,000 $237,000 $1,500,000 $91,000 $6,005,000
Application Approved But Not Accepted 818 $204,694,000 $250,000 $1,158,000 $88,000 $1,357,000
Application Denied By Financial Institution 439 $116,788,000 $266,000 $2,089,000 $83,000 $734,000
File Closed For Incompleteness 4 $1,032,000 $258,000 $372,000 $79,000 $145,000
Loan Purchased By The Institution 1 $265,000 $265,000 $265,000 $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
Debt-To-Income Ratio 208 $54,226,000 $260,000 $976,000 $63,000 $280,000
Other 66 $19,625,000 $297,000 $1,479,000 $113,000 $500,000
Collateral 58 $14,978,000 $258,000 $1,125,000 $113,000 $734,000
Credit History 51 $10,916,000 $214,000 $690,000 $73,000 $283,000
Unverifiable Information 34 $10,172,000 $299,000 $735,000 $103,000 $644,000
Employment History 12 $4,279,000 $356,000 $2,089,000 $92,000 $352,000
Insufficient Cash (Downpayment, Closing Cost) 9 $2,415,000 $268,000 $595,000 $88,000 $231,000
Credit Application Incomplete 1 $177,000 $177,000 $177,000 $52,000 $52,000
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.

Download the Michigan Lender List