Northern Mortgage Services, Llc
Mortgage Loan Application
Totals and Details
for 2020
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 Northern Mortgage Services, Llc.
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 | Northern Mortgage Services, Llc 3714 28Th St Sw Grandville, MI 49418 Tel #: available with data download |
| Federal Regulator | * available with data download |
| Years | 2021 2020 2019 2018 2017 2016 2015 2014 |
| Total Number of Mortgage Applications | 2,254 |
| Total Mortgage Loan Application Amount | $487,380,000 |
| Average Mortgage Loan Application Amount | $215,500 |
| Highest Mortgage Loan Application Amount | $925,000 |
| Average Applicant Income | $89,000 |
| Highest Applicant Income | $1,263,000 |
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 | 682 | $ 144,020,000 | $ 211,000 | $ 86,000 |
| Ottawa County Michigan | 275 | $ 60,995,000 | $ 221,000 | $ 89,000 |
| Hampden County Massachusetts | 108 | $ 22,260,000 | $ 206,000 | $ 90,000 |
| Allegan County Michigan | 93 | $ 18,655,000 | $ 200,000 | $ 69,000 |
| Montgomery County Ohio | 93 | $ 13,375,000 | $ 143,000 | $ 69,000 |
| Barry County Michigan | 83 | $ 13,505,000 | $ 162,000 | $ 62,000 |
| Palm Beach County Florida | 41 | $ 12,235,000 | $ 298,000 | $ 139,000 |
| Cabarrus County North Carolina | 37 | $ 10,565,000 | $ 285,000 | $ 133,000 |
| Ionia County Michigan | 33 | $ 5,425,000 | $ 164,000 | $ 63,000 |
| Muskegon County Michigan | 33 | $ 6,235,000 | $ 188,000 | $ 70,000 |
| Kalamazoo County Michigan | 27 | $ 6,035,000 | $ 223,000 | $ 97,000 |
| Cumberland County Maine | 25 | $ 6,255,000 | $ 250,000 | $ 116,000 |
| Mecklenburg County North Carolina | 25 | $ 6,575,000 | $ 263,000 | $ 112,000 |
| Fairfax County Virginia | 25 | $ 10,505,000 | $ 420,000 | $ 118,000 |
| Oakland County Michigan | 22 | $ 5,680,000 | $ 258,000 | $ 129,000 |
| Essex County Massachusetts | 20 | $ 7,190,000 | $ 359,000 | $ 140,000 |
| Montcalm County Michigan | 19 | $ 3,755,000 | $ 197,000 | $ 68,000 |
| Hartford County Connecticut | 18 | $ 4,160,000 | $ 231,000 | $ 93,000 |
| Wayne County Michigan | 18 | $ 3,180,000 | $ 176,000 | $ 67,000 |
| Greene County Ohio | 18 | $ 3,240,000 | $ 180,000 | $ 82,000 |
| Eaton County Michigan | 17 | $ 2,215,000 | $ 130,000 | $ 65,000 |
| Warren County Ohio | 16 | $ 3,210,000 | $ 200,000 | $ 80,000 |
| Pasco County Florida | 14 | $ 2,660,000 | $ 190,000 | $ 69,000 |
| Middlesex County Massachusetts | 14 | $ 5,780,000 | $ 412,000 | $ 227,000 |
| Macomb County Michigan | 14 | $ 3,330,000 | $ 237,000 | $ 80,000 |
| Jackson County Missouri | 14 | $ 3,010,000 | $ 215,000 | $ 73,000 |
| Clark County Ohio | 13 | $ 1,905,000 | $ 146,000 | $ 82,000 |
| Broward County Florida | 12 | $ 2,840,000 | $ 236,000 | $ 116,000 |
| Hampshire County Massachusetts | 12 | $ 3,180,000 | $ 265,000 | $ 79,000 |
| Johnson County Kansas | 11 | $ 2,505,000 | $ 227,000 | $ 172,000 |
| Iredell County North Carolina | 11 | $ 3,555,000 | $ 323,000 | $ 144,000 |
| Newaygo County Michigan | 10 | $ 1,510,000 | $ 151,000 | $ 54,000 |
| Preble County Ohio | 10 | $ 1,090,000 | $ 109,000 | $ 44,000 |
| York County South Carolina | 10 | $ 3,470,000 | $ 347,000 | $ 106,000 |
| Prince William County Virginia | 10 | $ 4,280,000 | $ 428,000 | $ 138,000 |
| Hernando County Florida | 9 | $ 1,625,000 | $ 180,000 | $ 49,000 |
| Calhoun County Michigan | 9 | $ 1,235,000 | $ 137,000 | $ 56,000 |
| Plymouth County Massachusetts | 8 | $ 2,180,000 | $ 272,000 | $ 128,000 |
| Ingham County Michigan | 8 | $ 1,220,000 | $ 152,000 | $ 65,000 |
| Miami County Ohio | 8 | $ 1,450,000 | $ 181,000 | $ 69,000 |
| Genesee County Michigan | 7 | $ 955,000 | $ 136,000 | $ 58,000 |
| New London County Connecticut | 6 | $ 1,240,000 | $ 206,000 | $ 76,000 |
| Penobscot County Maine | 6 | $ 1,140,000 | $ 190,000 | $ 53,000 |
| Suffolk County Massachusetts | 6 | $ 1,910,000 | $ 318,000 | $ 93,000 |
| Emmet County Michigan | 6 | $ 1,160,000 | $ 193,000 | $ 123,000 |
| Grand Traverse County Michigan | 6 | $ 830,000 | $ 138,000 | $ 101,000 |
| Livingston County Michigan | 6 | $ 1,400,000 | $ 233,000 | $ 139,000 |
| Mecosta County Michigan | 6 | $ 1,230,000 | $ 205,000 | $ 82,000 |
| Washtenaw County Michigan | 6 | $ 1,430,000 | $ 238,000 | $ 140,000 |
| Darke County Ohio | 6 | $ 910,000 | $ 151,000 | $ 62,000 |
| Lorain County Ohio | 6 | $ 920,000 | $ 153,000 | $ 74,000 |
| Arlington County Virginia | 6 | $ 2,470,000 | $ 411,000 | $ 155,000 |
| Lee County Florida | 5 | $ 745,000 | $ 149,000 | $ 109,000 |
| Antrim County Michigan | 5 | $ 1,085,000 | $ 217,000 | $ 147,000 |
| Van Buren County Michigan | 5 | $ 1,115,000 | $ 223,000 | $ 64,000 |
| Rowan County North Carolina | 5 | $ 735,000 | $ 147,000 | $ 63,000 |
| Butler County Ohio | 5 | $ 715,000 | $ 143,000 | $ 62,000 |
| Tolland County Connecticut | 4 | $ 1,080,000 | $ 270,000 | $ 146,000 |
| District of Columbia County District Of Columbia | 4 | $ 2,040,000 | $ 510,000 | $ 265,000 |
| Hillsborough County Florida | 4 | $ 1,120,000 | $ 280,000 | $ 93,000 |
| Orange County Florida | 4 | $ 920,000 | $ 230,000 | $ 59,000 |
| Cook County Illinois | 4 | $ 880,000 | $ 220,000 | $ 335,000 |
| Barnstable County Massachusetts | 4 | $ 1,160,000 | $ 290,000 | $ 153,000 |
| Oceana County Michigan | 4 | $ 620,000 | $ 155,000 | $ 87,000 |
| Osceola County Michigan | 4 | $ 590,000 | $ 147,000 | $ 52,000 |
| Presque Isle County Michigan | 4 | $ 440,000 | $ 110,000 | $ 153,000 |
| St. Joseph County Michigan | 4 | $ 1,060,000 | $ 265,000 | $ 102,000 |
| Clay County Missouri | 4 | $ 770,000 | $ 192,000 | $ 52,000 |
| Alexandria County Virginia | 4 | $ 1,480,000 | $ 370,000 | $ 111,000 |
| Marion County Florida | 3 | $ 505,000 | $ 168,000 | $ 131,000 |
| Osceola County Florida | 3 | $ 645,000 | $ 215,000 | $ 120,000 |
| Marion County Indiana | 3 | $ 575,000 | $ 191,000 | $ 77,000 |
| Kennebec County Maine | 3 | $ 485,000 | $ 161,000 | $ 56,000 |
| Worcester County Massachusetts | 3 | $ 695,000 | $ 231,000 | $ 43,000 |
| Leelanau County Michigan | 3 | $ 885,000 | $ 295,000 | $ 94,000 |
| Cass County Missouri | 3 | $ 775,000 | $ 258,000 | $ 61,000 |
| Union County North Carolina | 3 | $ 1,175,000 | $ 391,000 | $ 145,000 |
| Champaign County Ohio | 3 | $ 465,000 | $ 155,000 | $ 36,000 |
| Loudoun County Virginia | 3 | $ 955,000 | $ 318,000 | $ 171,000 |
| Citrus County Florida | 2 | $ 240,000 | $ 120,000 | $ 50,000 |
| Escambia County Florida | 2 | $ 1,680,000 | $ 840,000 | $ 72,000 |
| Manatee County Florida | 2 | $ 560,000 | $ 280,000 | $ 80,000 |
| Miami-Dade County Florida | 2 | $ 900,000 | $ 450,000 | $ 196,000 |
| Pinellas County Florida | 2 | $ 470,000 | $ 235,000 | $ 115,000 |
| Polk County Florida | 2 | $ 470,000 | $ 235,000 | $ 82,000 |
| St. Lucie County Florida | 2 | $ 580,000 | $ 290,000 | $ 79,000 |
| Winnebago County Illinois | 2 | $ 290,000 | $ 145,000 | $ 91,000 |
| Douglas County Kansas | 2 | $ 570,000 | $ 285,000 | $ 128,000 |
| Oxford County Maine | 2 | $ 350,000 | $ 175,000 | $ 51,000 |
| Waldo County Maine | 2 | $ 550,000 | $ 275,000 | $ 109,000 |
| York County Maine | 2 | $ 520,000 | $ 260,000 | $ 54,000 |
| Montgomery County Maryland | 2 | $ 770,000 | $ 385,000 | $ 138,000 |
| Alpena County Michigan | 2 | $ 200,000 | $ 100,000 | $ 56,000 |
| Charlevoix County Michigan | 2 | $ 400,000 | $ 200,000 | $ 71,000 |
| Chippewa County Michigan | 2 | $ 340,000 | $ 170,000 | $ 239,000 |
| Clinton County Michigan | 2 | $ 270,000 | $ 135,000 | $ 41,000 |
| Crawford County Michigan | 2 | $ 390,000 | $ 195,000 | $ 91,000 |
| Jackson County Michigan | 2 | $ 490,000 | $ 245,000 | $ 119,000 |
| Missaukee County Michigan | 2 | $ 420,000 | $ 210,000 | $ 138,000 |
| Saginaw County Michigan | 2 | $ 250,000 | $ 125,000 | $ 19,000 |
| St. Clair County Michigan | 2 | $ 530,000 | $ 265,000 | $ 86,000 |
| Wexford County Michigan | 2 | $ 360,000 | $ 180,000 | $ 65,000 |
| Franklin County Missouri | 2 | $ 260,000 | $ 130,000 | $ 66,000 |
| Lafayette County Missouri | 2 | $ 270,000 | $ 135,000 | $ 37,000 |
| Lincoln County North Carolina | 2 | $ 420,000 | $ 210,000 | $ 67,000 |
| Allen County Ohio | 2 | $ 210,000 | $ 105,000 | $ 44,000 |
| Cuyahoga County Ohio | 2 | $ 320,000 | $ 160,000 | $ 69,000 |
| Erie County Ohio | 2 | $ 300,000 | $ 150,000 | $ 69,000 |
| Lucas County Ohio | 2 | $ 570,000 | $ 285,000 | $ 134,000 |
| Mercer County Ohio | 2 | $ 390,000 | $ 195,000 | $ 124,000 |
| Rutherford County Tennessee | 2 | $ 480,000 | $ 240,000 | $ 106,000 |
| Fairfield County Connecticut | 1 | $ 135,000 | $ 135,000 | $ 36,000 |
| Litchfield County Connecticut | 1 | $ 175,000 | $ 175,000 | $ 75,000 |
| New Haven County Connecticut | 1 | $ 145,000 | $ 145,000 | $ 69,000 |
| Alachua County Florida | 1 | $ 165,000 | $ 165,000 | $ 96,000 |
| Brevard County Florida | 1 | $ 245,000 | $ 245,000 | $ 79,000 |
| Levy County Florida | 1 | $ 155,000 | $ 155,000 | $ 40,000 |
| Okaloosa County Florida | 1 | $ 175,000 | $ 175,000 | $ 85,000 |
| Santa Rosa County Florida | 1 | $ 505,000 | $ 505,000 | $ 157,000 |
| St. Johns County Florida | 1 | $ 505,000 | $ 505,000 | $ 104,000 |
| Champaign County Illinois | 1 | $ 135,000 | $ 135,000 | $ 29,000 |
| Clinton County Illinois | 1 | $ 115,000 | $ 115,000 | $ 51,000 |
| Lake County Illinois | 1 | $ 125,000 | $ 125,000 | $ 44,000 |
| Madison County Illinois | 1 | $ 155,000 | $ 155,000 | $ 32,000 |
| Massac County Illinois | 1 | $ 65,000 | $ 65,000 | $ 56,000 |
| McDonough County Illinois | 1 | $ 175,000 | $ 175,000 | $ 96,000 |
| Pike County Illinois | 1 | $ 75,000 | $ 75,000 | $ 60,000 |
| Sangamon County Illinois | 1 | $ 125,000 | $ 125,000 | $ 92,000 |
| Warren County Illinois | 1 | $ 165,000 | $ 165,000 | $ 95,000 |
| Hamilton County Indiana | 1 | $ 275,000 | $ 275,000 | $ 138,000 |
| Harrison County Indiana | 1 | $ 185,000 | $ 185,000 | $ 52,000 |
| Hendricks County Indiana | 1 | $ 385,000 | $ 385,000 | $ 94,000 |
| Marshall County Indiana | 1 | $ 105,000 | $ 105,000 | $ 49,000 |
| Monroe County Indiana | 1 | $ 175,000 | $ 175,000 | $ 61,000 |
| Morgan County Indiana | 1 | $ 435,000 | $ 435,000 | $ 89,000 |
| Owen County Indiana | 1 | $ 105,000 | $ 105,000 | $ 42,000 |
| Porter County Indiana | 1 | $ 245,000 | $ 245,000 | $ 114,000 |
| Chautauqua County Kansas | 1 | $ 75,000 | $ 75,000 | $ 42,000 |
| Cloud County Kansas | 1 | $ 75,000 | $ 75,000 | $ 26,000 |
| Kearny County Kansas | 1 | $ 185,000 | $ 185,000 | $ 57,000 |
| Osage County Kansas | 1 | $ 135,000 | $ 135,000 | $ 38,000 |
| Sedgwick County Kansas | 1 | $ 285,000 | $ 285,000 | $ 73,000 |
| Shawnee County Kansas | 1 | $ 105,000 | $ 105,000 | $ 42,000 |
| Wabaunsee County Kansas | 1 | $ 105,000 | $ 105,000 | $ 69,000 |
| Wyandotte County Kansas | 1 | $ 105,000 | $ 105,000 | $ 28,000 |
| Androscoggin County Maine | 1 | $ 195,000 | $ 195,000 | $ 49,000 |
| Somerset County Maine | 1 | $ 105,000 | $ 105,000 | $ 43,000 |
| Howard County Maryland | 1 | $ 515,000 | $ 515,000 | $ 0 |
| Berkshire County Massachusetts | 1 | $ 215,000 | $ 215,000 | $ 88,000 |
| Bristol County Massachusetts | 1 | $ 415,000 | $ 415,000 | $ 212,000 |
| Benzie County Michigan | 1 | $ 125,000 | $ 125,000 | $ 88,000 |
| Berrien County Michigan | 1 | $ 165,000 | $ 165,000 | $ 81,000 |
| Branch County Michigan | 1 | $ 155,000 | $ 155,000 | $ 74,000 |
| Dickinson County Michigan | 1 | $ 105,000 | $ 105,000 | $ 45,000 |
| Gratiot County Michigan | 1 | $ 105,000 | $ 105,000 | $ 93,000 |
| Hillsdale County Michigan | 1 | $ 65,000 | $ 65,000 | $ 92,000 |
| Iosco County Michigan | 1 | $ 55,000 | $ 55,000 | $ 58,000 |
| Isabella County Michigan | 1 | $ 175,000 | $ 175,000 | $ 46,000 |
| Lake County Michigan | 1 | $ 245,000 | $ 245,000 | $ 141,000 |
| Marquette County Michigan | 1 | $ 115,000 | $ 115,000 | $ 54,000 |
| Mason County Michigan | 1 | $ 245,000 | $ 245,000 | $ 75,000 |
| Midland County Michigan | 1 | $ 185,000 | $ 185,000 | $ 78,000 |
| Monroe County Michigan | 1 | $ 125,000 | $ 125,000 | $ 89,000 |
| Otsego County Michigan | 1 | $ 155,000 | $ 155,000 | $ 47,000 |
| Roscommon County Michigan | 1 | $ 335,000 | $ 335,000 | $ 245,000 |
| Shiawassee County Michigan | 1 | $ 285,000 | $ 285,000 | $ 82,000 |
| Tuscola County Michigan | 1 | $ 115,000 | $ 115,000 | $ 120,000 |
| Cooper County Missouri | 1 | $ 65,000 | $ 65,000 | $ 20,000 |
| Howell County Missouri | 1 | $ 105,000 | $ 105,000 | $ 60,000 |
| Lincoln County Missouri | 1 | $ 355,000 | $ 355,000 | $ 79,000 |
| Pike County Missouri | 1 | $ 225,000 | $ 225,000 | $ 82,000 |
| Platte County Missouri | 1 | $ 235,000 | $ 235,000 | $ 45,000 |
| Ray County Missouri | 1 | $ 205,000 | $ 205,000 | $ 75,000 |
| St. Louis County Missouri | 1 | $ 115,000 | $ 115,000 | $ 71,000 |
| Warren County Missouri | 1 | $ 135,000 | $ 135,000 | $ 27,000 |
| Washington County Missouri | 1 | $ 165,000 | $ 165,000 | $ 102,000 |
| Alamance County North Carolina | 1 | $ 185,000 | $ 185,000 | $ 93,000 |
| Catawba County North Carolina | 1 | $ 365,000 | $ 365,000 | $ 179,000 |
| Gaston County North Carolina | 1 | $ 245,000 | $ 245,000 | $ 62,000 |
| Harnett County North Carolina | 1 | $ 205,000 | $ 205,000 | $ 105,000 |
| Pitt County North Carolina | 1 | $ 155,000 | $ 155,000 | $ 105,000 |
| Ashland County Ohio | 1 | $ 135,000 | $ 135,000 | $ 48,000 |
| Auglaize County Ohio | 1 | $ 75,000 | $ 75,000 | $ 70,000 |
| Brown County Ohio | 1 | $ 165,000 | $ 165,000 | $ 44,000 |
| Franklin County Ohio | 1 | $ 85,000 | $ 85,000 | $ 55,000 |
| Hamilton County Ohio | 1 | $ 105,000 | $ 105,000 | $ 99,000 |
| Ottawa County Ohio | 1 | $ 115,000 | $ 115,000 | $ 24,000 |
| Shelby County Ohio | 1 | $ 135,000 | $ 135,000 | $ 68,000 |
| Stark County Ohio | 1 | $ 175,000 | $ 175,000 | $ 46,000 |
| Union County Ohio | 1 | $ 235,000 | $ 235,000 | $ 82,000 |
| Georgetown County South Carolina | 1 | $ 175,000 | $ 175,000 | $ 67,000 |
| Lancaster County South Carolina | 1 | $ 285,000 | $ 285,000 | $ 111,000 |
| Cumberland County Tennessee | 1 | $ 135,000 | $ 135,000 | $ 37,000 |
| Colonial Heights County Virginia | 1 | $ 115,000 | $ 115,000 | $ 113,000 |
| Culpeper County Virginia | 1 | $ 135,000 | $ 135,000 | $ 102,000 |
| Fairfax City County Virginia | 1 | $ 565,000 | $ 565,000 | $ 249,000 |
| Falls Church County Virginia | 1 | $ 595,000 | $ 595,000 | $ 143,000 |
| Louisa County Virginia | 1 | $ 115,000 | $ 115,000 | $ 137,000 |
| Shenandoah County Virginia | 1 | $ 195,000 | $ 195,000 | $ 54,000 |
| Spotsylvania County Virginia | 1 | $ 335,000 | $ 335,000 | $ 302,000 |
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 Northern Mortgage Services, Llc in 2020
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 | 1,175 | $259,765,000 | $221,000 | $925,000 | $96,000 | $475,000 |
| Home Purchase | 1,079 | $227,615,000 | $210,000 | $765,000 | $82,000 | $1,263,000 |
| Not Applicable | 0 | $0 | $0 | $0 | $0 | $0 |
| Other Purpose | 0 | $0 | $0 | $0 | $0 | $0 |
| Cash-out Refinancing | 0 | $0 | $0 | $0 | $0 | $0 |
| 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 | 2,058 | $445,310,000 | $216,000 | $925,000 | $90,000 | $540,000 |
| Black or African American | 83 | $17,025,000 | $205,000 | $515,000 | $84,000 | $1,263,000 |
| Hispanic | 71 | $15,125,000 | $213,000 | $525,000 | $77,000 | $359,000 |
| Asian | 28 | $7,210,000 | $257,000 | $615,000 | $122,000 | $306,000 |
| American Indian or Alaskan Native | 9 | $1,835,000 | $203,000 | $335,000 | $55,000 | $99,000 |
| Native Hawaiian or Other Pacific Islander | 1 | $135,000 | $135,000 | $135,000 | $76,000 | $76,000 |
| Not applicable | 1 | $155,000 | $155,000 | $155,000 | $117,000 | $117,000 |
| Not Provided | 1 | $75,000 | $75,000 | $75,000 | $60,000 | $60,000 |
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) | 1,703 | $379,315,000 | $222,000 | $925,000 | $100,000 | $1,263,000 |
| FHA-insured (Federal Housing Administration) | 361 | $64,035,000 | $177,000 | $335,000 | $57,000 | $185,000 |
| VA-guaranteed (Veterans Administration) | 132 | $35,300,000 | $267,000 | $855,000 | $58,000 | $263,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) | 58 | $8,730,000 | $150,000 | $415,000 | $51,000 | $125,000 |
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 | 1,777 | $390,195,000 | $219,000 | $765,000 | $90,000 | $1,263,000 |
| Application Withdrawn By Applicant | 358 | $72,810,000 | $203,000 | $925,000 | $88,000 | $540,000 |
| Application Approved But Not Accepted | 62 | $12,910,000 | $208,000 | $575,000 | $84,000 | $325,000 |
| Application Denied By Financial Institution | 49 | $9,885,000 | $201,000 | $515,000 | $85,000 | $466,000 |
| File Closed For Incompleteness | 8 | $1,580,000 | $197,000 | $525,000 | $67,000 | $236,000 |
| 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 |
|---|---|---|---|---|---|---|
| Not applicable | 2,205 | $477,495,000 | $216,000 | $925,000 | $89,000 | $1,263,000 |
| Collateral | 15 | $2,685,000 | $179,000 | $515,000 | $91,000 | $466,000 |
| Credit History | 10 | $2,230,000 | $223,000 | $325,000 | $117,000 | $296,000 |
| Employment History | 8 | $1,430,000 | $178,000 | $285,000 | $58,000 | $69,000 |
| Debt-To-Income Ratio | 7 | $1,525,000 | $217,000 | $325,000 | $64,000 | $120,000 |
| Unverifiable Information | 6 | $1,210,000 | $201,000 | $305,000 | $112,000 | $359,000 |
| Other | 2 | $530,000 | $265,000 | $365,000 | $0 | $0 |
| Insufficient Cash (Downpayment, Closing Cost) | 1 | $275,000 | $275,000 | $275,000 | $100,000 | $100,000 |
| Mortgage Insurance Denied | 0 | $0 | $0 | $0 | $0 | $0 |
| 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.