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 Mms Mortgage Services, Ltd..
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 | Mms Mortgage Services, Ltd. 38275 Twelve Mile Rd., Suite 100 Farmington Hills, MI 48331 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 | 845 |
Total Mortgage Loan Application Amount | $147,265,000 |
Average Mortgage Loan Application Amount | $257,500 |
Highest Mortgage Loan Application Amount | $545,000 |
Average Applicant Income | $121,000 |
Highest Applicant Income | $738,000 |
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 |
---|---|---|---|---|
Kent County Michigan | 120 | $ 21,700,000 | $ 180,000 | $ 75,000 |
Ottawa County Michigan | 84 | $ 16,270,000 | $ 193,000 | $ 80,000 |
Wayne County Michigan | 81 | $ 12,635,000 | $ 155,000 | $ 87,000 |
Ionia County Michigan | 64 | $ 9,350,000 | $ 146,000 | $ 61,000 |
Montcalm County Michigan | 52 | $ 7,060,000 | $ 135,000 | $ 53,000 |
Muskegon County Michigan | 43 | $ 6,775,000 | $ 157,000 | $ 65,000 |
Oakland County Michigan | 42 | $ 9,610,000 | $ 228,000 | $ 102,000 |
Washtenaw County Michigan | 25 | $ 5,555,000 | $ 222,000 | $ 100,000 |
Ashtabula County Ohio | 18 | $ 2,010,000 | $ 111,000 | $ 78,000 |
Gratiot County Michigan | 17 | $ 2,115,000 | $ 124,000 | $ 51,000 |
Carbon County Pennsylvania | 17 | $ 2,965,000 | $ 174,000 | $ 105,000 |
Barry County Michigan | 16 | $ 3,010,000 | $ 188,000 | $ 85,000 |
Livingston County Michigan | 16 | $ 3,280,000 | $ 205,000 | $ 103,000 |
Lake County Ohio | 11 | $ 1,285,000 | $ 116,000 | $ 58,000 |
Allegan County Michigan | 10 | $ 1,830,000 | $ 183,000 | $ 74,000 |
Middlesex County Massachusetts | 9 | $ 2,365,000 | $ 262,000 | $ 144,000 |
Kalamazoo County Michigan | 9 | $ 1,155,000 | $ 128,000 | $ 53,000 |
Bristol County Massachusetts | 8 | $ 1,210,000 | $ 151,000 | $ 74,000 |
Macomb County Michigan | 8 | $ 980,000 | $ 122,000 | $ 68,000 |
Erie County Ohio | 8 | $ 1,070,000 | $ 133,000 | $ 52,000 |
Lake County Michigan | 7 | $ 1,635,000 | $ 233,000 | $ 221,000 |
Mecosta County Michigan | 7 | $ 1,055,000 | $ 150,000 | $ 79,000 |
Monroe County Michigan | 7 | $ 1,325,000 | $ 189,000 | $ 69,000 |
Plymouth County Massachusetts | 6 | $ 1,360,000 | $ 226,000 | $ 74,000 |
Newaygo County Michigan | 6 | $ 760,000 | $ 126,000 | $ 46,000 |
Cuyahoga County Ohio | 6 | $ 800,000 | $ 133,000 | $ 66,000 |
Essex County Massachusetts | 5 | $ 1,405,000 | $ 281,000 | $ 132,000 |
Norfolk County Massachusetts | 5 | $ 1,665,000 | $ 333,000 | $ 90,000 |
Worcester County Massachusetts | 5 | $ 1,175,000 | $ 235,000 | $ 139,000 |
Lucas County Ohio | 5 | $ 555,000 | $ 111,000 | $ 47,000 |
Story County Iowa | 4 | $ 380,000 | $ 95,000 | $ 89,000 |
Ingham County Michigan | 4 | $ 640,000 | $ 160,000 | $ 97,000 |
Hopkins County Kentucky | 3 | $ 435,000 | $ 145,000 | $ 121,000 |
Emmet County Michigan | 3 | $ 575,000 | $ 191,000 | $ 93,000 |
Isabella County Michigan | 3 | $ 485,000 | $ 161,000 | $ 61,000 |
Lenawee County Michigan | 3 | $ 265,000 | $ 88,000 | $ 53,000 |
St. Clair County Michigan | 3 | $ 575,000 | $ 191,000 | $ 61,000 |
Berks County Pennsylvania | 3 | $ 735,000 | $ 245,000 | $ 121,000 |
Schuylkill County Pennsylvania | 3 | $ 545,000 | $ 181,000 | $ 79,000 |
Hartford County Connecticut | 2 | $ 400,000 | $ 200,000 | $ 141,000 |
Hampden County Massachusetts | 2 | $ 330,000 | $ 165,000 | $ 83,000 |
Jackson County Michigan | 2 | $ 380,000 | $ 190,000 | $ 67,000 |
Roscommon County Michigan | 2 | $ 350,000 | $ 175,000 | $ 53,000 |
Saginaw County Michigan | 2 | $ 170,000 | $ 85,000 | $ 109,000 |
Shiawassee County Michigan | 2 | $ 350,000 | $ 175,000 | $ 51,000 |
Van Buren County Michigan | 2 | $ 580,000 | $ 290,000 | $ 115,000 |
Hillsborough County New Hampshire | 2 | $ 430,000 | $ 215,000 | $ 124,000 |
Franklin County Ohio | 2 | $ 480,000 | $ 240,000 | $ 108,000 |
Medina County Ohio | 2 | $ 330,000 | $ 165,000 | $ 89,000 |
Montgomery County Ohio | 2 | $ 230,000 | $ 115,000 | $ 69,000 |
Summit County Ohio | 2 | $ 370,000 | $ 185,000 | $ 88,000 |
Williams County Ohio | 2 | $ 370,000 | $ 185,000 | $ 135,000 |
Wood County Ohio | 2 | $ 460,000 | $ 230,000 | $ 129,000 |
Delaware County Pennsylvania | 2 | $ 240,000 | $ 120,000 | $ 70,000 |
Northampton County Pennsylvania | 2 | $ 520,000 | $ 260,000 | $ 112,000 |
Davidson County Tennessee | 2 | $ 600,000 | $ 300,000 | $ 100,000 |
Lauderdale County Alabama | 1 | $ 115,000 | $ 115,000 | $ 42,000 |
El Paso County Colorado | 1 | $ 335,000 | $ 335,000 | $ 117,000 |
Jefferson County Colorado | 1 | $ 145,000 | $ 145,000 | $ 74,000 |
Weld County Colorado | 1 | $ 355,000 | $ 355,000 | $ 205,000 |
New Haven County Connecticut | 1 | $ 275,000 | $ 275,000 | $ 107,000 |
Charlotte County Florida | 1 | $ 115,000 | $ 115,000 | $ 76,000 |
Citrus County Florida | 1 | $ 235,000 | $ 235,000 | $ 75,000 |
Lee County Florida | 1 | $ 185,000 | $ 185,000 | $ 138,000 |
Manatee County Florida | 1 | $ 325,000 | $ 325,000 | $ 234,000 |
Monroe County Florida | 1 | $ 445,000 | $ 445,000 | $ 97,000 |
Allen County Indiana | 1 | $ 65,000 | $ 65,000 | $ 46,000 |
Howard County Indiana | 1 | $ 165,000 | $ 165,000 | $ 72,000 |
Madison County Indiana | 1 | $ 135,000 | $ 135,000 | $ 46,000 |
Marion County Indiana | 1 | $ 95,000 | $ 95,000 | $ 64,000 |
Black Hawk County Iowa | 1 | $ 105,000 | $ 105,000 | $ 150,000 |
Boone County Iowa | 1 | $ 135,000 | $ 135,000 | $ 99,000 |
Calhoun County Iowa | 1 | $ 85,000 | $ 85,000 | $ 49,000 |
Des Moines County Iowa | 1 | $ 95,000 | $ 95,000 | $ 69,000 |
Henry County Iowa | 1 | $ 65,000 | $ 65,000 | $ 32,000 |
Johnson County Iowa | 1 | $ 205,000 | $ 205,000 | $ 99,000 |
Henderson County Kentucky | 1 | $ 175,000 | $ 175,000 | $ 110,000 |
Muhlenberg County Kentucky | 1 | $ 215,000 | $ 215,000 | $ 83,000 |
Concordia County Louisiana | 1 | $ 145,000 | $ 145,000 | $ 69,000 |
Lafourche County Louisiana | 1 | $ 115,000 | $ 115,000 | $ 48,000 |
Barnstable County Massachusetts | 1 | $ 205,000 | $ 205,000 | $ 102,000 |
Berkshire County Massachusetts | 1 | $ 185,000 | $ 185,000 | $ 94,000 |
Alpena County Michigan | 1 | $ 295,000 | $ 295,000 | $ 72,000 |
Antrim County Michigan | 1 | $ 125,000 | $ 125,000 | $ 185,000 |
Benzie County Michigan | 1 | $ 165,000 | $ 165,000 | $ 75,000 |
Clare County Michigan | 1 | $ 195,000 | $ 195,000 | $ 151,000 |
Clinton County Michigan | 1 | $ 225,000 | $ 225,000 | $ 60,000 |
Genesee County Michigan | 1 | $ 275,000 | $ 275,000 | $ 129,000 |
Grand Traverse County Michigan | 1 | $ 125,000 | $ 125,000 | $ 58,000 |
Iron County Michigan | 1 | $ 85,000 | $ 85,000 | $ 51,000 |
Kalkaska County Michigan | 1 | $ 145,000 | $ 145,000 | $ 101,000 |
Lapeer County Michigan | 1 | $ 165,000 | $ 165,000 | $ 29,000 |
Mackinac County Michigan | 1 | $ 115,000 | $ 115,000 | $ 49,000 |
Manistee County Michigan | 1 | $ 135,000 | $ 135,000 | $ 59,000 |
Mason County Michigan | 1 | $ 285,000 | $ 285,000 | $ 458,000 |
Midland County Michigan | 1 | $ 145,000 | $ 145,000 | $ 46,000 |
Oceana County Michigan | 1 | $ 155,000 | $ 155,000 | $ 53,000 |
Oscoda County Michigan | 1 | $ 225,000 | $ 225,000 | $ 81,000 |
St. Joseph County Michigan | 1 | $ 205,000 | $ 205,000 | $ 159,000 |
Tuscola County Michigan | 1 | $ 85,000 | $ 85,000 | $ 95,000 |
Grafton County New Hampshire | 1 | $ 145,000 | $ 145,000 | $ 139,000 |
Rockingham County New Hampshire | 1 | $ 315,000 | $ 315,000 | $ 208,000 |
Mecklenburg County North Carolina | 1 | $ 245,000 | $ 245,000 | $ 46,000 |
Mitchell County North Carolina | 1 | $ 125,000 | $ 125,000 | $ 52,000 |
New Hanover County North Carolina | 1 | $ 205,000 | $ 205,000 | $ 0 |
Rowan County North Carolina | 1 | $ 175,000 | $ 175,000 | $ 51,000 |
Union County North Carolina | 1 | $ 265,000 | $ 265,000 | $ 87,000 |
Geauga County Ohio | 1 | $ 285,000 | $ 285,000 | $ 172,000 |
Lorain County Ohio | 1 | $ 285,000 | $ 285,000 | $ 247,000 |
Richland County Ohio | 1 | $ 255,000 | $ 255,000 | $ 61,000 |
Stark County Ohio | 1 | $ 65,000 | $ 65,000 | $ 11,000 |
Trumbull County Ohio | 1 | $ 115,000 | $ 115,000 | $ 42,000 |
Union County Ohio | 1 | $ 185,000 | $ 185,000 | $ 92,000 |
Allegheny County Pennsylvania | 1 | $ 125,000 | $ 125,000 | $ 126,000 |
Bradford County Pennsylvania | 1 | $ 335,000 | $ 335,000 | $ 77,000 |
Lancaster County Pennsylvania | 1 | $ 135,000 | $ 135,000 | $ 31,000 |
Philadelphia County Pennsylvania | 1 | $ 175,000 | $ 175,000 | $ 30,000 |
York County Pennsylvania | 1 | $ 235,000 | $ 235,000 | $ 151,000 |
Fentress County Tennessee | 1 | $ 95,000 | $ 95,000 | $ 127,000 |
Sevier County Tennessee | 1 | $ 125,000 | $ 125,000 | $ 124,000 |
Williamson County Tennessee | 1 | $ 315,000 | $ 315,000 | $ 97,000 |
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 | 372 | $60,910,000 | $163,000 | $525,000 | $82,000 | $321,000 |
Home Purchase | 256 | $47,490,000 | $185,000 | $545,000 | $74,000 | $738,000 |
Cash-out Refinancing | 216 | $38,360,000 | $177,000 | $545,000 | $85,000 | $348,000 |
Other Purpose | 1 | $505,000 | $505,000 | $505,000 | $243,000 | $243,000 |
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 | 771 | $134,265,000 | $174,000 | $545,000 | $81,000 | $738,000 |
Black or African American | 30 | $5,260,000 | $175,000 | $495,000 | $75,000 | $250,000 |
Hispanic | 23 | $4,175,000 | $181,000 | $325,000 | $85,000 | $240,000 |
Not Provided | 14 | $2,450,000 | $175,000 | $315,000 | $83,000 | $195,000 |
Asian | 4 | $500,000 | $125,000 | $205,000 | $51,000 | $80,000 |
American Indian or Alaskan Native | 3 | $615,000 | $205,000 | $275,000 | $82,000 | $124,000 |
Native Hawaiian or Other Pacific Islander | 0 | $0 | $0 | $0 | $0 | $0 |
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) | 751 | $131,305,000 | $174,000 | $545,000 | $84,000 | $738,000 |
FHA-insured (Federal Housing Administration) | 65 | $10,995,000 | $169,000 | $285,000 | $61,000 | $165,000 |
FSA/RHS (Farm Service Agency or Rural Housing Service) | 20 | $2,720,000 | $136,000 | $215,000 | $47,000 | $91,000 |
VA-guaranteed (Veterans Administration) | 9 | $2,245,000 | $249,000 | $475,000 | $85,000 | $150,000 |
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 | 695 | $120,065,000 | $172,000 | $545,000 | $80,000 | $738,000 |
Application Withdrawn By Applicant | 93 | $16,755,000 | $180,000 | $525,000 | $87,000 | $458,000 |
Application Denied By Financial Institution | 37 | $7,185,000 | $194,000 | $495,000 | $88,000 | $458,000 |
Application Approved But Not Accepted | 20 | $3,260,000 | $163,000 | $345,000 | $78,000 | $186,000 |
File Closed For Incompleteness | 0 | $0 | $0 | $0 | $0 | $0 |
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 | 808 | $140,080,000 | $173,000 | $545,000 | $81,000 | $738,000 |
Debt-To-Income Ratio | 16 | $3,260,000 | $203,000 | $495,000 | $64,000 | $159,000 |
Collateral | 13 | $2,245,000 | $172,000 | $355,000 | $117,000 | $458,000 |
Employment History | 5 | $675,000 | $135,000 | $245,000 | $57,000 | $126,000 |
Credit History | 2 | $550,000 | $275,000 | $305,000 | $113,000 | $146,000 |
Other | 1 | $455,000 | $455,000 | $455,000 | $180,000 | $180,000 |
Unverifiable Information | 0 | $0 | $0 | $0 | $0 | $0 |
Credit Application Incomplete | 0 | $0 | $0 | $0 | $0 | $0 |
Insufficient Cash (Downpayment, Closing Cost) | 0 | $0 | $0 | $0 | $0 | $0 |
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.