Mortgage 1 Incorporated
Mortgage Loan Application
Totals and Details
for 2009
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 Mortgage 1 Incorporated.
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 | Mortgage 1 Incorporated 43456 Mound Road Sterling Heights, MI 49314 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 | 2,299 |
| Total Mortgage Loan Application Amount | $343,010,000 |
| Average Mortgage Loan Application Amount | $154,500 |
| Highest Mortgage Loan Application Amount | $534,000 |
| Average Applicant Income | $66,500 |
| Highest Applicant Income | $686,000 |
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 |
|---|---|---|---|---|
| Macomb County Michigan | 991 | $ 126,761,000 | $ 127,000 | $ 50,000 |
| Oakland County Michigan | 474 | $ 82,622,000 | $ 174,000 | $ 80,000 |
| Washtenaw County Michigan | 203 | $ 37,929,000 | $ 186,000 | $ 96,000 |
| Wayne County Michigan | 202 | $ 27,167,000 | $ 134,000 | $ 62,000 |
| Livingston County Michigan | 82 | $ 15,257,000 | $ 186,000 | $ 85,000 |
| St. Clair County Michigan | 51 | $ 6,987,000 | $ 137,000 | $ 46,000 |
| Kent County Michigan | 41 | $ 6,798,000 | $ 165,000 | $ 59,000 |
| Shiawassee County Michigan | 32 | $ 2,990,000 | $ 93,000 | $ 50,000 |
| Lapeer County Michigan | 27 | $ 3,562,000 | $ 131,000 | $ 50,000 |
| Genesee County Michigan | 19 | $ 2,780,000 | $ 146,000 | $ 66,000 |
| Jackson County Michigan | 16 | $ 2,686,000 | $ 167,000 | $ 104,000 |
| Saginaw County Michigan | 12 | $ 992,000 | $ 82,000 | $ 48,000 |
| Ottawa County Michigan | 11 | $ 2,432,000 | $ 221,000 | $ 121,000 |
| Ingham County Michigan | 9 | $ 1,437,000 | $ 159,000 | $ 89,000 |
| Kalamazoo County Michigan | 7 | $ 1,226,000 | $ 175,000 | $ 55,000 |
| Lenawee County Michigan | 7 | $ 957,000 | $ 136,000 | $ 66,000 |
| Monroe County Michigan | 6 | $ 919,000 | $ 153,000 | $ 39,000 |
| Allegan County Michigan | 5 | $ 721,000 | $ 144,000 | $ 37,000 |
| Tuscola County Michigan | 5 | $ 348,000 | $ 69,000 | $ 28,000 |
| Charlotte County Florida | 4 | $ 834,000 | $ 208,000 | $ 92,000 |
| Clare County Michigan | 4 | $ 586,000 | $ 146,000 | $ 105,000 |
| Huron County Michigan | 4 | $ 436,000 | $ 109,000 | $ 110,000 |
| Midland County Michigan | 4 | $ 791,000 | $ 197,000 | $ 136,000 |
| Van Buren County Michigan | 4 | $ 675,000 | $ 168,000 | $ 29,000 |
| Bay County Michigan | 3 | $ 389,000 | $ 129,000 | $ 69,000 |
| Benzie County Michigan | 3 | $ 896,000 | $ 298,000 | $ 125,000 |
| Berrien County Michigan | 3 | $ 686,000 | $ 228,000 | $ 130,000 |
| Clinton County Michigan | 3 | $ 673,000 | $ 224,000 | $ 101,000 |
| Emmet County Michigan | 3 | $ 364,000 | $ 121,000 | $ 142,000 |
| Newaygo County Michigan | 3 | $ 404,000 | $ 134,000 | $ 53,000 |
| Ogemaw County Michigan | 3 | $ 480,000 | $ 160,000 | $ 120,000 |
| Sanilac County Michigan | 3 | $ 383,000 | $ 127,000 | $ 10,000 |
| Marion County Florida | 2 | $ 291,000 | $ 145,000 | $ 41,000 |
| Barry County Michigan | 2 | $ 510,000 | $ 255,000 | $ 141,000 |
| Calhoun County Michigan | 2 | $ 419,000 | $ 209,000 | $ 70,000 |
| Charlevoix County Michigan | 2 | $ 279,000 | $ 139,000 | $ 40,000 |
| Cheboygan County Michigan | 2 | $ 314,000 | $ 157,000 | $ 114,000 |
| Eaton County Michigan | 2 | $ 363,000 | $ 181,000 | $ 26,000 |
| Gladwin County Michigan | 2 | $ 186,000 | $ 93,000 | $ 95,000 |
| Montcalm County Michigan | 2 | $ 166,000 | $ 83,000 | $ 226,000 |
| Otsego County Michigan | 2 | $ 290,000 | $ 145,000 | $ 107,000 |
| Roscommon County Michigan | 2 | $ 281,000 | $ 140,000 | $ 141,000 |
| Collier County Florida | 1 | $ 260,000 | $ 260,000 | $ 109,000 |
| Indian River County Florida | 1 | $ 198,000 | $ 198,000 | $ 73,000 |
| Lee County Florida | 1 | $ 250,000 | $ 250,000 | $ 88,000 |
| St. Lucie County Florida | 1 | $ 100,000 | $ 100,000 | $ 35,000 |
| Cook County Illinois | 1 | $ 183,000 | $ 183,000 | $ 145,000 |
| Monroe County Illinois | 1 | $ 260,000 | $ 260,000 | $ 91,000 |
| Lake County Indiana | 1 | $ 256,000 | $ 256,000 | $ 96,000 |
| Alcona County Michigan | 1 | $ 240,000 | $ 240,000 | $ 157,000 |
| Alpena County Michigan | 1 | $ 78,000 | $ 78,000 | $ 114,000 |
| Antrim County Michigan | 1 | $ 346,000 | $ 346,000 | $ 256,000 |
| Cass County Michigan | 1 | $ 103,000 | $ 103,000 | $ 0 |
| Grand Traverse County Michigan | 1 | $ 147,000 | $ 147,000 | $ 0 |
| Houghton County Michigan | 1 | $ 100,000 | $ 100,000 | $ 95,000 |
| Ionia County Michigan | 1 | $ 220,000 | $ 220,000 | $ 47,000 |
| Kalkaska County Michigan | 1 | $ 150,000 | $ 150,000 | $ 0 |
| Lake County Michigan | 1 | $ 116,000 | $ 116,000 | $ 120,000 |
| Leelanau County Michigan | 1 | $ 413,000 | $ 413,000 | $ 184,000 |
| Mecosta County Michigan | 1 | $ 134,000 | $ 134,000 | $ 66,000 |
| Muskegon County Michigan | 1 | $ 132,000 | $ 132,000 | $ 102,000 |
| Oscoda County Michigan | 1 | $ 33,000 | $ 33,000 | $ 87,000 |
| Dakota County Minnesota | 1 | $ 108,000 | $ 108,000 | $ 61,000 |
| Washoe County Nevada | 1 | $ 251,000 | $ 251,000 | $ 175,000 |
| Gloucester County New Jersey | 1 | $ 181,000 | $ 181,000 | $ 0 |
| Lee County North Carolina | 1 | $ 132,000 | $ 132,000 | $ 66,000 |
| Onslow County North Carolina | 1 | $ 159,000 | $ 159,000 | $ 0 |
| Multnomah County Oregon | 1 | $ 400,000 | $ 400,000 | $ 120,000 |
| Beaufort County South Carolina | 1 | $ 347,000 | $ 347,000 | $ 60,000 |
| Lexington County South Carolina | 1 | $ 92,000 | $ 92,000 | $ 0 |
| Williamson County Tennessee | 1 | $ 417,000 | $ 417,000 | $ 160,000 |
| Tarrant County Texas | 1 | $ 180,000 | $ 180,000 | $ 168,000 |
| Travis County Texas | 1 | $ 417,000 | $ 417,000 | $ 90,000 |
| Salt Lake County Utah | 1 | $ 200,000 | $ 200,000 | $ 0 |
| Clark County Washington | 1 | $ 386,000 | $ 386,000 | $ 105,000 |
| Snohomish County Washington | 1 | $ 411,000 | $ 411,000 | $ 507,000 |
| Waukesha County Wisconsin | 1 | $ 343,000 | $ 343,000 | $ 152,000 |
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 Mortgage 1 Incorporated in 2009
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 | 1,386 | $176,401,000 | $127,000 | $534,000 | $64,000 | $507,000 |
| Refinancing | 913 | $166,609,000 | $182,000 | $417,000 | $69,000 | $686,000 |
| Home Improvement | 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 | 2,000 | $299,152,000 | $149,000 | $534,000 | $68,000 | $686,000 |
| Not Provided | 107 | $19,199,000 | $179,000 | $417,000 | $48,000 | $274,000 |
| Black or African American | 107 | $11,814,000 | $110,000 | $307,000 | $48,000 | $155,000 |
| Asian | 41 | $6,468,000 | $157,000 | $417,000 | $61,000 | $291,000 |
| Hispanic | 35 | $5,194,000 | $148,000 | $331,000 | $66,000 | $161,000 |
| American Indian or Alaskan Native | 5 | $513,000 | $102,000 | $133,000 | $38,000 | $57,000 |
| Native Hawaiian or Other Pacific Islander | 4 | $670,000 | $167,000 | $220,000 | $64,000 | $156,000 |
| 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) | 1,192 | $150,908,000 | $126,000 | $309,000 | $40,000 | $274,000 |
| Conventional (any loan other than FHA, VA, FSA, or RHS loans) | 1,013 | $179,855,000 | $177,000 | $534,000 | $98,000 | $686,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) | 56 | $5,858,000 | $104,000 | $223,000 | $44,000 | $84,000 |
| VA-guaranteed (Veterans Administration) | 38 | $6,389,000 | $168,000 | $419,000 | $42,000 | $152,000 |
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 | 1,904 | $284,613,000 | $149,000 | $419,000 | $65,000 | $686,000 |
| Application Withdrawn By Applicant | 258 | $38,734,000 | $150,000 | $534,000 | $75,000 | $420,000 |
| File Closed For Incompleteness | 66 | $9,452,000 | $143,000 | $384,000 | $64,000 | $216,000 |
| Application Denied By Financial Institution | 54 | $6,968,000 | $129,000 | $355,000 | $61,000 | $200,000 |
| Application Approved But Not Accepted | 17 | $3,243,000 | $190,000 | $360,000 | $80,000 | $196,000 |
| 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 |
|---|---|---|---|---|---|---|
| Other | 10 | $859,000 | $85,000 | $251,000 | $60,000 | $146,000 |
| Debt-To-Income Ratio | 9 | $1,331,000 | $147,000 | $355,000 | $56,000 | $83,000 |
| Collateral | 8 | $832,000 | $104,000 | $248,000 | $60,000 | $120,000 |
| Credit History | 8 | $654,000 | $81,000 | $116,000 | $34,000 | $46,000 |
| Unverifiable Information | 1 | $290,000 | $290,000 | $290,000 | $38,000 | $38,000 |
| Insufficient Cash (Downpayment, Closing Cost) | 1 | $30,000 | $30,000 | $30,000 | $45,000 | $45,000 |
| Mortgage Insurance Denied | 0 | $0 | $0 | $0 | $0 | $0 |
| Credit Application Incomplete | 0 | $0 | $0 | $0 | $0 | $0 |
| Employment History | 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.