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 | 8,240 |
Total Mortgage Loan Application Amount | $1,353,130,000 |
Average Mortgage Loan Application Amount | $162,200 |
Highest Mortgage Loan Application Amount | $2,705,000 |
Average Applicant Income | $77,000 |
Highest Applicant Income | $3,478,000 |
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 |
---|---|---|---|---|
Wayne County Michigan | 1,583 | $ 230,325,000 | $ 145,000 | $ 69,000 |
Macomb County Michigan | 1,372 | $ 228,640,000 | $ 166,000 | $ 73,000 |
Oakland County Michigan | 884 | $ 184,360,000 | $ 208,000 | $ 97,000 |
Muskegon County Michigan | 531 | $ 72,065,000 | $ 135,000 | $ 55,000 |
Lee County Florida | 468 | $ 96,590,000 | $ 206,000 | $ 87,000 |
Kent County Michigan | 432 | $ 71,190,000 | $ 164,000 | $ 70,000 |
Ottawa County Michigan | 293 | $ 57,435,000 | $ 196,000 | $ 74,000 |
Jackson County Michigan | 292 | $ 41,280,000 | $ 141,000 | $ 65,000 |
Shiawassee County Michigan | 234 | $ 27,980,000 | $ 119,000 | $ 64,000 |
Genesee County Michigan | 219 | $ 33,535,000 | $ 153,000 | $ 68,000 |
Washtenaw County Michigan | 219 | $ 46,385,000 | $ 211,000 | $ 94,000 |
St. Clair County Michigan | 193 | $ 31,855,000 | $ 165,000 | $ 65,000 |
Livingston County Michigan | 173 | $ 38,845,000 | $ 224,000 | $ 97,000 |
Monroe County Michigan | 81 | $ 12,845,000 | $ 158,000 | $ 70,000 |
Lapeer County Michigan | 77 | $ 12,685,000 | $ 164,000 | $ 64,000 |
Allegan County Michigan | 69 | $ 11,775,000 | $ 170,000 | $ 76,000 |
Ingham County Michigan | 67 | $ 8,245,000 | $ 123,000 | $ 60,000 |
Mason County Michigan | 61 | $ 8,105,000 | $ 132,000 | $ 63,000 |
Kalamazoo County Michigan | 57 | $ 7,045,000 | $ 123,000 | $ 55,000 |
Saginaw County Michigan | 49 | $ 5,645,000 | $ 115,000 | $ 55,000 |
Montgomery County Ohio | 46 | $ 6,580,000 | $ 143,000 | $ 69,000 |
Lenawee County Michigan | 44 | $ 6,830,000 | $ 155,000 | $ 69,000 |
Oceana County Michigan | 38 | $ 5,370,000 | $ 141,000 | $ 58,000 |
Montcalm County Michigan | 36 | $ 4,790,000 | $ 133,000 | $ 52,000 |
Newaygo County Michigan | 34 | $ 4,540,000 | $ 133,000 | $ 51,000 |
Miami County Ohio | 34 | $ 3,850,000 | $ 113,000 | $ 55,000 |
Wexford County Michigan | 32 | $ 3,850,000 | $ 120,000 | $ 59,000 |
Barry County Michigan | 31 | $ 4,095,000 | $ 132,000 | $ 53,000 |
Hillsdale County Michigan | 31 | $ 3,945,000 | $ 127,000 | $ 58,000 |
St. Joseph County Michigan | 31 | $ 3,175,000 | $ 102,000 | $ 35,000 |
Ionia County Michigan | 28 | $ 3,960,000 | $ 141,000 | $ 65,000 |
Manistee County Michigan | 27 | $ 3,785,000 | $ 140,000 | $ 72,000 |
Clinton County Michigan | 21 | $ 3,115,000 | $ 148,000 | $ 103,000 |
Mecosta County Michigan | 20 | $ 2,420,000 | $ 121,000 | $ 50,000 |
Calhoun County Michigan | 19 | $ 2,295,000 | $ 120,000 | $ 64,000 |
Eaton County Michigan | 15 | $ 2,215,000 | $ 147,000 | $ 58,000 |
Berrien County Michigan | 11 | $ 1,565,000 | $ 142,000 | $ 52,000 |
Osceola County Michigan | 11 | $ 1,215,000 | $ 110,000 | $ 69,000 |
Van Buren County Michigan | 11 | $ 1,445,000 | $ 131,000 | $ 63,000 |
Huron County Michigan | 10 | $ 1,110,000 | $ 111,000 | $ 77,000 |
Oscoda County Michigan | 10 | $ 1,320,000 | $ 132,000 | $ 80,000 |
Sanilac County Michigan | 10 | $ 1,470,000 | $ 147,000 | $ 71,000 |
Lake County Michigan | 9 | $ 925,000 | $ 102,000 | $ 43,000 |
Missaukee County Michigan | 9 | $ 965,000 | $ 107,000 | $ 45,000 |
Shelby County Ohio | 9 | $ 1,365,000 | $ 151,000 | $ 83,000 |
Iosco County Michigan | 8 | $ 910,000 | $ 113,000 | $ 103,000 |
Roscommon County Michigan | 8 | $ 1,350,000 | $ 168,000 | $ 181,000 |
Charlotte County Florida | 7 | $ 1,365,000 | $ 195,000 | $ 107,000 |
Duval County Florida | 7 | $ 1,085,000 | $ 155,000 | $ 105,000 |
Pinellas County Florida | 7 | $ 1,135,000 | $ 162,000 | $ 86,000 |
Gladwin County Michigan | 7 | $ 805,000 | $ 115,000 | $ 122,000 |
Montmorency County Michigan | 7 | $ 975,000 | $ 139,000 | $ 131,000 |
Ogemaw County Michigan | 7 | $ 935,000 | $ 133,000 | $ 156,000 |
Tuscola County Michigan | 7 | $ 595,000 | $ 85,000 | $ 46,000 |
Greene County Ohio | 7 | $ 935,000 | $ 133,000 | $ 60,000 |
Broward County Florida | 6 | $ 1,280,000 | $ 213,000 | $ 81,000 |
Collier County Florida | 6 | $ 1,690,000 | $ 281,000 | $ 131,000 |
Manatee County Florida | 6 | $ 2,290,000 | $ 381,000 | $ 150,000 |
Alpena County Michigan | 6 | $ 500,000 | $ 83,000 | $ 39,000 |
Clare County Michigan | 6 | $ 510,000 | $ 85,000 | $ 96,000 |
Midland County Michigan | 6 | $ 600,000 | $ 100,000 | $ 54,000 |
Clark County Ohio | 6 | $ 680,000 | $ 113,000 | $ 67,000 |
Alcona County Michigan | 5 | $ 685,000 | $ 137,000 | $ 92,000 |
Branch County Michigan | 5 | $ 455,000 | $ 91,000 | $ 40,000 |
Isabella County Michigan | 5 | $ 525,000 | $ 105,000 | $ 55,000 |
Clinton County Ohio | 5 | $ 585,000 | $ 117,000 | $ 38,000 |
Antrim County Michigan | 4 | $ 710,000 | $ 177,000 | $ 405,000 |
Cheboygan County Michigan | 4 | $ 660,000 | $ 165,000 | $ 86,000 |
Grand Traverse County Michigan | 4 | $ 770,000 | $ 192,000 | $ 66,000 |
Leelanau County Michigan | 4 | $ 1,000,000 | $ 250,000 | $ 148,000 |
Otsego County Michigan | 4 | $ 860,000 | $ 215,000 | $ 148,000 |
Hendry County Florida | 3 | $ 755,000 | $ 251,000 | $ 210,000 |
Orange County Florida | 3 | $ 835,000 | $ 278,000 | $ 128,000 |
Pasco County Florida | 3 | $ 625,000 | $ 208,000 | $ 67,000 |
Sarasota County Florida | 3 | $ 635,000 | $ 211,000 | $ 96,000 |
Bay County Michigan | 3 | $ 215,000 | $ 71,000 | $ 55,000 |
Emmet County Michigan | 3 | $ 365,000 | $ 121,000 | $ 74,000 |
Butler County Ohio | 3 | $ 325,000 | $ 108,000 | $ 41,000 |
Lucas County Ohio | 3 | $ 465,000 | $ 155,000 | $ 85,000 |
Dallas County Texas | 3 | $ 215,000 | $ 71,000 | $ 57,000 |
Clay County Florida | 2 | $ 380,000 | $ 190,000 | $ 68,000 |
Hillsborough County Florida | 2 | $ 340,000 | $ 170,000 | $ 59,000 |
Miami-Dade County Florida | 2 | $ 440,000 | $ 220,000 | $ 73,000 |
Osceola County Florida | 2 | $ 380,000 | $ 190,000 | $ 51,000 |
Sumter County Florida | 2 | $ 310,000 | $ 155,000 | $ 107,000 |
Volusia County Florida | 2 | $ 410,000 | $ 205,000 | $ 54,000 |
Cass County Michigan | 2 | $ 130,000 | $ 65,000 | $ 32,000 |
Marquette County Michigan | 2 | $ 200,000 | $ 100,000 | $ 93,000 |
Presque Isle County Michigan | 2 | $ 510,000 | $ 255,000 | $ 113,000 |
Franklin County Ohio | 2 | $ 230,000 | $ 115,000 | $ 110,000 |
Ottawa County Ohio | 2 | $ 300,000 | $ 150,000 | $ 81,000 |
Citrus County Florida | 1 | $ 155,000 | $ 155,000 | $ 66,000 |
Flagler County Florida | 1 | $ 305,000 | $ 305,000 | $ 100,000 |
Glades County Florida | 1 | $ 245,000 | $ 245,000 | $ 68,000 |
Hernando County Florida | 1 | $ 225,000 | $ 225,000 | $ 76,000 |
Marion County Florida | 1 | $ 155,000 | $ 155,000 | $ 148,000 |
Martin County Florida | 1 | $ 55,000 | $ 55,000 | $ 24,000 |
Okaloosa County Florida | 1 | $ 275,000 | $ 275,000 | $ 100,000 |
Seminole County Florida | 1 | $ 105,000 | $ 105,000 | $ 36,000 |
St. Johns County Florida | 1 | $ 265,000 | $ 265,000 | $ 99,000 |
Walton County Florida | 1 | $ 305,000 | $ 305,000 | $ 270,000 |
Alger County Michigan | 1 | $ 25,000 | $ 25,000 | $ 155,000 |
Baraga County Michigan | 1 | $ 65,000 | $ 65,000 | $ 44,000 |
Charlevoix County Michigan | 1 | $ 85,000 | $ 85,000 | $ 134,000 |
Chippewa County Michigan | 1 | $ 55,000 | $ 55,000 | $ 135,000 |
Crawford County Michigan | 1 | $ 115,000 | $ 115,000 | $ 51,000 |
Gogebic County Michigan | 1 | $ 35,000 | $ 35,000 | $ 3,000 |
Gratiot County Michigan | 1 | $ 85,000 | $ 85,000 | $ 73,000 |
Kalkaska County Michigan | 1 | $ 95,000 | $ 95,000 | $ 261,000 |
Allen County Ohio | 1 | $ 95,000 | $ 95,000 | $ 39,000 |
Champaign County Ohio | 1 | $ 105,000 | $ 105,000 | $ 38,000 |
Cuyahoga County Ohio | 1 | $ 135,000 | $ 135,000 | $ 278,000 |
Lake County Ohio | 1 | $ 165,000 | $ 165,000 | $ 43,000 |
Lorain County Ohio | 1 | $ 35,000 | $ 35,000 | $ 34,000 |
Portage County Ohio | 1 | $ 285,000 | $ 285,000 | $ 250,000 |
Summit County Ohio | 1 | $ 105,000 | $ 105,000 | $ 22,000 |
Warren County Ohio | 1 | $ 155,000 | $ 155,000 | $ 518,000 |
Brazoria County Texas | 1 | $ 245,000 | $ 245,000 | $ 60,000 |
Ellis County Texas | 1 | $ 215,000 | $ 215,000 | $ 94,000 |
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 |
---|---|---|---|---|---|---|
Home Purchase | 7,050 | $1,158,700,000 | $164,000 | $2,705,000 | $72,000 | $3,478,000 |
Refinancing | 789 | $133,695,000 | $169,000 | $965,000 | $85,000 | $633,000 |
Cash-out Refinancing | 380 | $57,260,000 | $150,000 | $575,000 | $83,000 | $1,103,000 |
Not Applicable | 12 | $2,050,000 | $170,000 | $405,000 | $93,000 | $278,000 |
Home Improvement | 9 | $1,425,000 | $158,000 | $285,000 | $52,000 | $130,000 |
Other Purpose | 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 | 7,080 | $1,174,900,000 | $165,000 | $2,705,000 | $76,000 | $3,478,000 |
Black or African American | 532 | $74,880,000 | $140,000 | $485,000 | $61,000 | $518,000 |
Hispanic | 341 | $55,395,000 | $162,000 | $2,005,000 | $57,000 | $255,000 |
Not Provided | 177 | $27,245,000 | $153,000 | $445,000 | $73,000 | $505,000 |
Asian | 91 | $17,155,000 | $188,000 | $455,000 | $84,000 | $287,000 |
American Indian or Alaskan Native | 14 | $2,750,000 | $196,000 | $1,005,000 | $106,000 | $650,000 |
Native Hawaiian or Other Pacific Islander | 3 | $475,000 | $158,000 | $225,000 | $56,000 | $85,000 |
Not applicable | 2 | $330,000 | $165,000 | $215,000 | $142,000 | $184,000 |
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) | 5,023 | $880,045,000 | $175,000 | $2,705,000 | $85,000 | $3,478,000 |
FHA-insured (Federal Housing Administration) | 2,459 | $348,275,000 | $141,000 | $1,995,000 | $56,000 | $332,000 |
VA-guaranteed (Veterans Administration) | 411 | $78,665,000 | $191,000 | $535,000 | $73,000 | $245,000 |
FSA/RHS (Farm Service Agency or Rural Housing Service) | 347 | $46,145,000 | $132,000 | $385,000 | $49,000 | $109,000 |
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 | 6,488 | $1,046,660,000 | $161,000 | $715,000 | $74,000 | $1,103,000 |
Application Withdrawn By Applicant | 1,133 | $204,465,000 | $180,000 | $2,705,000 | $75,000 | $1,248,000 |
Application Approved But Not Accepted | 286 | $49,630,000 | $173,000 | $2,005,000 | $82,000 | $3,478,000 |
Application Denied By Financial Institution | 205 | $31,125,000 | $151,000 | $445,000 | $57,000 | $217,000 |
Preapproval Approved but not Accepted | 53 | $10,105,000 | $190,000 | $515,000 | $70,000 | $295,000 |
File Closed For Incompleteness | 49 | $7,255,000 | $148,000 | $365,000 | $79,000 | $243,000 |
Preapproval Denied by Financial Institution | 26 | $3,890,000 | $149,000 | $345,000 | $42,000 | $83,000 |
Loan Purchased By The 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 | 8,009 | $1,318,115,000 | $164,000 | $2,705,000 | $75,000 | $3,478,000 |
Debt-To-Income Ratio | 71 | $11,395,000 | $160,000 | $445,000 | $47,000 | $217,000 |
Credit History | 50 | $7,330,000 | $146,000 | $355,000 | $63,000 | $158,000 |
Collateral | 40 | $5,570,000 | $139,000 | $365,000 | $64,000 | $178,000 |
Other | 37 | $5,755,000 | $155,000 | $415,000 | $58,000 | $147,000 |
Unverifiable Information | 12 | $1,780,000 | $148,000 | $305,000 | $46,000 | $88,000 |
Insufficient Cash (Downpayment, Closing Cost) | 11 | $1,645,000 | $149,000 | $215,000 | $53,000 | $92,000 |
Employment History | 10 | $1,540,000 | $154,000 | $205,000 | $48,000 | $72,000 |
Credit Application Incomplete | 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.