Northern Mortgage Services, Llc
Mortgage Loan Application
Totals and Details
for 2021
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 | 2,223 |
| Total Mortgage Loan Application Amount | $497,945,000 |
| Average Mortgage Loan Application Amount | $224,000 |
| Highest Mortgage Loan Application Amount | $1,035,000 |
| Average Applicant Income | $95,333 |
| Highest Applicant Income | $1,404,000 |
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 | 547 | $ 121,945,000 | $ 222,000 | $ 90,000 |
| Ottawa County Michigan | 256 | $ 60,400,000 | $ 235,000 | $ 92,000 |
| Montgomery County Ohio | 110 | $ 16,290,000 | $ 148,000 | $ 68,000 |
| Hampden County Massachusetts | 107 | $ 24,545,000 | $ 229,000 | $ 90,000 |
| Lorain County Ohio | 101 | $ 15,425,000 | $ 152,000 | $ 59,000 |
| Allegan County Michigan | 100 | $ 21,010,000 | $ 210,000 | $ 78,000 |
| Barry County Michigan | 83 | $ 14,515,000 | $ 174,000 | $ 60,000 |
| Cuyahoga County Ohio | 56 | $ 8,510,000 | $ 151,000 | $ 69,000 |
| Fairfax County Virginia | 32 | $ 14,810,000 | $ 462,000 | $ 245,000 |
| Cabarrus County North Carolina | 27 | $ 8,435,000 | $ 312,000 | $ 130,000 |
| Ionia County Michigan | 26 | $ 4,600,000 | $ 176,000 | $ 60,000 |
| Cumberland County Maine | 25 | $ 7,505,000 | $ 300,000 | $ 97,000 |
| Muskegon County Michigan | 23 | $ 4,505,000 | $ 195,000 | $ 78,000 |
| Mecklenburg County North Carolina | 22 | $ 6,230,000 | $ 283,000 | $ 120,000 |
| Montcalm County Michigan | 21 | $ 4,015,000 | $ 191,000 | $ 83,000 |
| Greene County Ohio | 21 | $ 4,445,000 | $ 211,000 | $ 96,000 |
| Palm Beach County Florida | 20 | $ 5,940,000 | $ 297,000 | $ 130,000 |
| Oakland County Michigan | 17 | $ 4,325,000 | $ 254,000 | $ 133,000 |
| Clark County Ohio | 16 | $ 2,600,000 | $ 162,000 | $ 61,000 |
| Jackson County Missouri | 15 | $ 3,345,000 | $ 223,000 | $ 72,000 |
| Kalamazoo County Michigan | 14 | $ 2,880,000 | $ 205,000 | $ 66,000 |
| Penobscot County Maine | 13 | $ 2,855,000 | $ 219,000 | $ 70,000 |
| Middlesex County Massachusetts | 13 | $ 4,855,000 | $ 373,000 | $ 126,000 |
| Essex County Massachusetts | 12 | $ 4,380,000 | $ 365,000 | $ 121,000 |
| Hampshire County Massachusetts | 12 | $ 3,250,000 | $ 270,000 | $ 79,000 |
| Bay County Michigan | 12 | $ 1,330,000 | $ 110,000 | $ 76,000 |
| Newaygo County Michigan | 12 | $ 2,360,000 | $ 196,000 | $ 71,000 |
| Prince William County Virginia | 12 | $ 4,680,000 | $ 390,000 | $ 115,000 |
| Hartford County Connecticut | 11 | $ 3,205,000 | $ 291,000 | $ 104,000 |
| Broward County Florida | 10 | $ 2,220,000 | $ 222,000 | $ 93,000 |
| Calhoun County Michigan | 10 | $ 1,620,000 | $ 162,000 | $ 41,000 |
| Grand Traverse County Michigan | 10 | $ 2,200,000 | $ 220,000 | $ 88,000 |
| Iredell County North Carolina | 10 | $ 2,850,000 | $ 285,000 | $ 141,000 |
| Plymouth County Massachusetts | 9 | $ 2,375,000 | $ 263,000 | $ 70,000 |
| Van Buren County Michigan | 9 | $ 1,775,000 | $ 197,000 | $ 70,000 |
| Wayne County Michigan | 9 | $ 1,175,000 | $ 130,000 | $ 48,000 |
| Arlington County Virginia | 9 | $ 4,435,000 | $ 492,000 | $ 197,000 |
| Johnson County Kansas | 8 | $ 1,610,000 | $ 201,000 | $ 81,000 |
| Hernando County Florida | 7 | $ 1,185,000 | $ 169,000 | $ 83,000 |
| Hancock County Maine | 7 | $ 2,355,000 | $ 336,000 | $ 121,000 |
| Kennebec County Maine | 7 | $ 1,175,000 | $ 167,000 | $ 64,000 |
| Eaton County Michigan | 7 | $ 1,365,000 | $ 195,000 | $ 53,000 |
| Miami County Ohio | 7 | $ 1,285,000 | $ 183,000 | $ 61,000 |
| Okaloosa County Florida | 6 | $ 1,590,000 | $ 265,000 | $ 91,000 |
| Pasco County Florida | 6 | $ 1,200,000 | $ 200,000 | $ 75,000 |
| Walton County Florida | 6 | $ 2,010,000 | $ 335,000 | $ 242,000 |
| Somerset County Maine | 6 | $ 1,040,000 | $ 173,000 | $ 51,000 |
| York County Maine | 6 | $ 1,500,000 | $ 250,000 | $ 121,000 |
| Suffolk County Massachusetts | 6 | $ 2,430,000 | $ 405,000 | $ 148,000 |
| Oceana County Michigan | 6 | $ 1,060,000 | $ 176,000 | $ 179,000 |
| District of Columbia County District Of Columbia | 5 | $ 2,095,000 | $ 419,000 | $ 70,000 |
| Hillsborough County Florida | 5 | $ 1,725,000 | $ 345,000 | $ 106,000 |
| Genesee County Michigan | 5 | $ 625,000 | $ 125,000 | $ 93,000 |
| Macomb County Michigan | 5 | $ 1,465,000 | $ 293,000 | $ 100,000 |
| Lake County Ohio | 5 | $ 1,075,000 | $ 215,000 | $ 71,000 |
| Preble County Ohio | 5 | $ 675,000 | $ 135,000 | $ 50,000 |
| Summit County Ohio | 5 | $ 635,000 | $ 127,000 | $ 57,000 |
| Warren County Ohio | 5 | $ 965,000 | $ 193,000 | $ 58,000 |
| Alexandria County Virginia | 5 | $ 1,805,000 | $ 361,000 | $ 156,000 |
| Pinellas County Florida | 4 | $ 990,000 | $ 247,000 | $ 93,000 |
| Bristol County Massachusetts | 4 | $ 1,780,000 | $ 445,000 | $ 165,000 |
| Worcester County Massachusetts | 4 | $ 1,280,000 | $ 320,000 | $ 137,000 |
| Mecosta County Michigan | 4 | $ 870,000 | $ 217,000 | $ 121,000 |
| Roscommon County Michigan | 4 | $ 380,000 | $ 95,000 | $ 64,000 |
| Darke County Ohio | 4 | $ 510,000 | $ 127,000 | $ 74,000 |
| Erie County Ohio | 4 | $ 650,000 | $ 162,000 | $ 60,000 |
| Loudoun County Virginia | 4 | $ 2,540,000 | $ 635,000 | $ 146,000 |
| Brevard County Florida | 3 | $ 725,000 | $ 241,000 | $ 59,000 |
| Lee County Florida | 3 | $ 695,000 | $ 231,000 | $ 151,000 |
| Levy County Florida | 3 | $ 545,000 | $ 181,000 | $ 48,000 |
| Barnstable County Massachusetts | 3 | $ 945,000 | $ 315,000 | $ 85,000 |
| Franklin County Massachusetts | 3 | $ 785,000 | $ 261,000 | $ 62,000 |
| Antrim County Michigan | 3 | $ 975,000 | $ 325,000 | $ 128,000 |
| Ingham County Michigan | 3 | $ 505,000 | $ 168,000 | $ 95,000 |
| Livingston County Michigan | 3 | $ 835,000 | $ 278,000 | $ 90,000 |
| Monroe County Michigan | 3 | $ 595,000 | $ 198,000 | $ 86,000 |
| Wexford County Michigan | 3 | $ 855,000 | $ 285,000 | $ 166,000 |
| Adair County Missouri | 3 | $ 375,000 | $ 125,000 | $ 35,000 |
| Butler County Ohio | 3 | $ 835,000 | $ 278,000 | $ 63,000 |
| Medina County Ohio | 3 | $ 555,000 | $ 185,000 | $ 71,000 |
| Portage County Ohio | 3 | $ 705,000 | $ 235,000 | $ 89,000 |
| York County South Carolina | 3 | $ 885,000 | $ 295,000 | $ 109,000 |
| Davidson County Tennessee | 3 | $ 1,115,000 | $ 371,000 | $ 92,000 |
| Montgomery County Tennessee | 3 | $ 705,000 | $ 235,000 | $ 77,000 |
| Arapahoe County Colorado | 2 | $ 570,000 | $ 285,000 | $ 51,000 |
| Middlesex County Connecticut | 2 | $ 660,000 | $ 330,000 | $ 122,000 |
| New London County Connecticut | 2 | $ 210,000 | $ 105,000 | $ 65,000 |
| Tolland County Connecticut | 2 | $ 630,000 | $ 315,000 | $ 190,000 |
| Bay County Florida | 2 | $ 400,000 | $ 200,000 | $ 66,000 |
| Charlotte County Florida | 2 | $ 430,000 | $ 215,000 | $ 37,000 |
| Citrus County Florida | 2 | $ 460,000 | $ 230,000 | $ 66,000 |
| Escambia County Florida | 2 | $ 1,720,000 | $ 860,000 | $ 255,000 |
| Orange County Florida | 2 | $ 590,000 | $ 295,000 | $ 195,000 |
| Seminole County Florida | 2 | $ 400,000 | $ 200,000 | $ 121,000 |
| Volusia County Florida | 2 | $ 310,000 | $ 155,000 | $ 101,000 |
| Dubois County Indiana | 2 | $ 320,000 | $ 160,000 | $ 45,000 |
| Martin County Indiana | 2 | $ 150,000 | $ 75,000 | $ 28,000 |
| Sedgwick County Kansas | 2 | $ 360,000 | $ 180,000 | $ 76,000 |
| Thomas County Kansas | 2 | $ 300,000 | $ 150,000 | $ 78,000 |
| Androscoggin County Maine | 2 | $ 580,000 | $ 290,000 | $ 83,000 |
| Frederick County Maryland | 2 | $ 850,000 | $ 425,000 | $ 97,000 |
| Montgomery County Maryland | 2 | $ 800,000 | $ 400,000 | $ 148,000 |
| Arenac County Michigan | 2 | $ 270,000 | $ 135,000 | $ 79,000 |
| Benzie County Michigan | 2 | $ 620,000 | $ 310,000 | $ 119,000 |
| Isabella County Michigan | 2 | $ 310,000 | $ 155,000 | $ 69,000 |
| Lapeer County Michigan | 2 | $ 590,000 | $ 295,000 | $ 99,000 |
| Osceola County Michigan | 2 | $ 420,000 | $ 210,000 | $ 122,000 |
| Oscoda County Michigan | 2 | $ 270,000 | $ 135,000 | $ 36,000 |
| Presque Isle County Michigan | 2 | $ 170,000 | $ 85,000 | $ 81,000 |
| Saginaw County Michigan | 2 | $ 400,000 | $ 200,000 | $ 58,000 |
| St. Clair County Michigan | 2 | $ 570,000 | $ 285,000 | $ 78,000 |
| St. Joseph County Michigan | 2 | $ 400,000 | $ 200,000 | $ 130,000 |
| Washtenaw County Michigan | 2 | $ 410,000 | $ 205,000 | $ 261,000 |
| Franklin County Missouri | 2 | $ 260,000 | $ 130,000 | $ 68,000 |
| Jefferson County Missouri | 2 | $ 370,000 | $ 185,000 | $ 69,000 |
| Lincoln County North Carolina | 2 | $ 710,000 | $ 355,000 | $ 117,000 |
| Moore County North Carolina | 2 | $ 410,000 | $ 205,000 | $ 0 |
| Stokes County North Carolina | 2 | $ 600,000 | $ 300,000 | $ 99,000 |
| Auglaize County Ohio | 2 | $ 210,000 | $ 105,000 | $ 51,000 |
| Clinton County Ohio | 2 | $ 210,000 | $ 105,000 | $ 39,000 |
| Hamilton County Ohio | 2 | $ 300,000 | $ 150,000 | $ 49,000 |
| Paulding County Ohio | 2 | $ 260,000 | $ 130,000 | $ 57,000 |
| Wayne County Ohio | 2 | $ 310,000 | $ 155,000 | $ 42,000 |
| Robertson County Tennessee | 2 | $ 460,000 | $ 230,000 | $ 121,000 |
| Rutherford County Tennessee | 2 | $ 550,000 | $ 275,000 | $ 87,000 |
| Shelby County Tennessee | 2 | $ 210,000 | $ 105,000 | $ 120,000 |
| Sumner County Tennessee | 2 | $ 570,000 | $ 285,000 | $ 55,000 |
| Denver County Colorado | 1 | $ 315,000 | $ 315,000 | $ 141,000 |
| Fairfield County Connecticut | 1 | $ 505,000 | $ 505,000 | $ 136,000 |
| Columbia County Florida | 1 | $ 215,000 | $ 215,000 | $ 95,000 |
| Duval County Florida | 1 | $ 155,000 | $ 155,000 | $ 40,000 |
| Flagler County Florida | 1 | $ 385,000 | $ 385,000 | $ 77,000 |
| Marion County Florida | 1 | $ 155,000 | $ 155,000 | $ 62,000 |
| Miami-Dade County Florida | 1 | $ 225,000 | $ 225,000 | $ 66,000 |
| Osceola County Florida | 1 | $ 225,000 | $ 225,000 | $ 117,000 |
| Polk County Florida | 1 | $ 175,000 | $ 175,000 | $ 146,000 |
| Sarasota County Florida | 1 | $ 265,000 | $ 265,000 | $ 144,000 |
| St. Lucie County Florida | 1 | $ 175,000 | $ 175,000 | $ 91,000 |
| Union County Florida | 1 | $ 185,000 | $ 185,000 | $ 0 |
| Clark County Illinois | 1 | $ 85,000 | $ 85,000 | $ 42,000 |
| Cook County Illinois | 1 | $ 165,000 | $ 165,000 | $ 42,000 |
| Fulton County Illinois | 1 | $ 65,000 | $ 65,000 | $ 24,000 |
| Winnebago County Illinois | 1 | $ 185,000 | $ 185,000 | $ 62,000 |
| Crawford County Indiana | 1 | $ 125,000 | $ 125,000 | $ 36,000 |
| Madison County Indiana | 1 | $ 285,000 | $ 285,000 | $ 65,000 |
| Marion County Indiana | 1 | $ 95,000 | $ 95,000 | $ 108,000 |
| St. Joseph County Indiana | 1 | $ 75,000 | $ 75,000 | $ 38,000 |
| Allen County Kansas | 1 | $ 75,000 | $ 75,000 | $ 34,000 |
| Bourbon County Kansas | 1 | $ 115,000 | $ 115,000 | $ 31,000 |
| Butler County Kansas | 1 | $ 135,000 | $ 135,000 | $ 63,000 |
| Crawford County Kansas | 1 | $ 145,000 | $ 145,000 | $ 51,000 |
| Douglas County Kansas | 1 | $ 175,000 | $ 175,000 | $ 75,000 |
| Finney County Kansas | 1 | $ 265,000 | $ 265,000 | $ 47,000 |
| Ford County Kansas | 1 | $ 125,000 | $ 125,000 | $ 24,000 |
| Gove County Kansas | 1 | $ 65,000 | $ 65,000 | $ 32,000 |
| Miami County Kansas | 1 | $ 135,000 | $ 135,000 | $ 52,000 |
| Riley County Kansas | 1 | $ 225,000 | $ 225,000 | $ 82,000 |
| Seward County Kansas | 1 | $ 125,000 | $ 125,000 | $ 29,000 |
| Wyandotte County Kansas | 1 | $ 75,000 | $ 75,000 | $ 60,000 |
| Franklin County Maine | 1 | $ 135,000 | $ 135,000 | $ 24,000 |
| Knox County Maine | 1 | $ 155,000 | $ 155,000 | $ 29,000 |
| Lincoln County Maine | 1 | $ 255,000 | $ 255,000 | $ 73,000 |
| Howard County Maryland | 1 | $ 475,000 | $ 475,000 | $ 132,000 |
| Prince George's County Maryland | 1 | $ 445,000 | $ 445,000 | $ 410,000 |
| Berkshire County Massachusetts | 1 | $ 145,000 | $ 145,000 | $ 62,000 |
| Norfolk County Massachusetts | 1 | $ 605,000 | $ 605,000 | $ 285,000 |
| Alpena County Michigan | 1 | $ 95,000 | $ 95,000 | $ 62,000 |
| Berrien County Michigan | 1 | $ 335,000 | $ 335,000 | $ 70,000 |
| Branch County Michigan | 1 | $ 175,000 | $ 175,000 | $ 94,000 |
| Chippewa County Michigan | 1 | $ 125,000 | $ 125,000 | $ 69,000 |
| Clinton County Michigan | 1 | $ 155,000 | $ 155,000 | $ 107,000 |
| Emmet County Michigan | 1 | $ 215,000 | $ 215,000 | $ 142,000 |
| Gratiot County Michigan | 1 | $ 105,000 | $ 105,000 | $ 25,000 |
| Hillsdale County Michigan | 1 | $ 125,000 | $ 125,000 | $ 28,000 |
| Jackson County Michigan | 1 | $ 245,000 | $ 245,000 | $ 176,000 |
| Lake County Michigan | 1 | $ 115,000 | $ 115,000 | $ 36,000 |
| Manistee County Michigan | 1 | $ 745,000 | $ 745,000 | $ 151,000 |
| Missaukee County Michigan | 1 | $ 265,000 | $ 265,000 | $ 176,000 |
| Ogemaw County Michigan | 1 | $ 145,000 | $ 145,000 | $ 68,000 |
| Shiawassee County Michigan | 1 | $ 255,000 | $ 255,000 | $ 113,000 |
| Andrew County Missouri | 1 | $ 165,000 | $ 165,000 | $ 77,000 |
| Cass County Missouri | 1 | $ 175,000 | $ 175,000 | $ 137,000 |
| Johnson County Missouri | 1 | $ 135,000 | $ 135,000 | $ 30,000 |
| Macon County Missouri | 1 | $ 155,000 | $ 155,000 | $ 48,000 |
| Montgomery County Missouri | 1 | $ 85,000 | $ 85,000 | $ 23,000 |
| Osage County Missouri | 1 | $ 135,000 | $ 135,000 | $ 55,000 |
| St. Francois County Missouri | 1 | $ 185,000 | $ 185,000 | $ 96,000 |
| Stoddard County Missouri | 1 | $ 95,000 | $ 95,000 | $ 96,000 |
| Taney County Missouri | 1 | $ 155,000 | $ 155,000 | $ 150,000 |
| Warren County Missouri | 1 | $ 205,000 | $ 205,000 | $ 66,000 |
| Rockingham County New Hampshire | 1 | $ 515,000 | $ 515,000 | $ 448,000 |
| Strafford County New Hampshire | 1 | $ 185,000 | $ 185,000 | $ 395,000 |
| Gaston County North Carolina | 1 | $ 255,000 | $ 255,000 | $ 106,000 |
| New Hanover County North Carolina | 1 | $ 905,000 | $ 905,000 | $ 212,000 |
| Rowan County North Carolina | 1 | $ 145,000 | $ 145,000 | $ 36,000 |
| Union County North Carolina | 1 | $ 205,000 | $ 205,000 | $ 70,000 |
| Brown County Ohio | 1 | $ 135,000 | $ 135,000 | $ 31,000 |
| Champaign County Ohio | 1 | $ 155,000 | $ 155,000 | $ 57,000 |
| Clermont County Ohio | 1 | $ 165,000 | $ 165,000 | $ 47,000 |
| Fairfield County Ohio | 1 | $ 375,000 | $ 375,000 | $ 177,000 |
| Highland County Ohio | 1 | $ 65,000 | $ 65,000 | $ 37,000 |
| Huron County Ohio | 1 | $ 95,000 | $ 95,000 | $ 132,000 |
| Lawrence County Ohio | 1 | $ 285,000 | $ 285,000 | $ 61,000 |
| Lucas County Ohio | 1 | $ 185,000 | $ 185,000 | $ 37,000 |
| Ottawa County Ohio | 1 | $ 115,000 | $ 115,000 | $ 63,000 |
| Richland County Ohio | 1 | $ 115,000 | $ 115,000 | $ 40,000 |
| Sandusky County Ohio | 1 | $ 235,000 | $ 235,000 | $ 102,000 |
| Shelby County Ohio | 1 | $ 135,000 | $ 135,000 | $ 63,000 |
| Washington County Ohio | 1 | $ 105,000 | $ 105,000 | $ 58,000 |
| Wood County Ohio | 1 | $ 165,000 | $ 165,000 | $ 47,000 |
| Hardeman County Tennessee | 1 | $ 165,000 | $ 165,000 | $ 28,000 |
| Macon County Tennessee | 1 | $ 275,000 | $ 275,000 | $ 86,000 |
| Maury County Tennessee | 1 | $ 305,000 | $ 305,000 | $ 105,000 |
| Wilson County Tennessee | 1 | $ 395,000 | $ 395,000 | $ 180,000 |
| Fredericksburg County Virginia | 1 | $ 785,000 | $ 785,000 | $ 220,000 |
| Henrico County Virginia | 1 | $ 465,000 | $ 465,000 | $ 373,000 |
| James City County Virginia | 1 | $ 135,000 | $ 135,000 | $ 145,000 |
| Stafford County Virginia | 1 | $ 455,000 | $ 455,000 | $ 143,000 |
| Warren County Virginia | 1 | $ 465,000 | $ 465,000 | $ 67,000 |
| Westmoreland County Virginia | 1 | $ 295,000 | $ 295,000 | $ 134,000 |
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 2021
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 | 1,133 | $259,125,000 | $228,000 | $1,035,000 | $87,000 | $1,404,000 |
| Refinancing | 1,089 | $238,595,000 | $219,000 | $905,000 | $92,000 | $1,150,000 |
| Cash-out Refinancing | 1 | $225,000 | $225,000 | $225,000 | $107,000 | $107,000 |
| Home Improvement | 0 | $0 | $0 | $0 | $0 | $0 |
| Not Applicable | 0 | $0 | $0 | $0 | $0 | $0 |
| 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 | 1,996 | $449,540,000 | $225,000 | $1,035,000 | $90,000 | $1,246,000 |
| Hispanic | 97 | $19,985,000 | $206,000 | $735,000 | $74,000 | $240,000 |
| Black or African American | 85 | $18,205,000 | $214,000 | $545,000 | $81,000 | $1,404,000 |
| Asian | 32 | $7,930,000 | $247,000 | $695,000 | $122,000 | $432,000 |
| American Indian or Alaskan Native | 10 | $1,730,000 | $173,000 | $365,000 | $57,000 | $100,000 |
| Not Provided | 2 | $360,000 | $180,000 | $255,000 | $63,000 | $89,000 |
| Native Hawaiian or Other Pacific Islander | 1 | $195,000 | $195,000 | $195,000 | $82,000 | $82,000 |
| 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 |
|---|---|---|---|---|---|---|
| Conventional (any loan other than FHA, VA, FSA, or RHS loans) | 1,719 | $393,865,000 | $229,000 | $905,000 | $99,000 | $1,404,000 |
| FHA-insured (Federal Housing Administration) | 345 | $61,615,000 | $178,000 | $525,000 | $55,000 | $206,000 |
| VA-guaranteed (Veterans Administration) | 110 | $35,080,000 | $318,000 | $1,035,000 | $69,000 | $298,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) | 49 | $7,385,000 | $150,000 | $335,000 | $39,000 | $102,000 |
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 | 1,829 | $410,415,000 | $224,000 | $1,035,000 | $91,000 | $1,404,000 |
| Application Withdrawn By Applicant | 268 | $61,790,000 | $230,000 | $905,000 | $87,000 | $432,000 |
| Application Approved But Not Accepted | 77 | $15,905,000 | $206,000 | $545,000 | $73,000 | $346,000 |
| Application Denied By Financial Institution | 41 | $7,975,000 | $194,000 | $475,000 | $76,000 | $243,000 |
| File Closed For Incompleteness | 4 | $980,000 | $245,000 | $305,000 | $83,000 | $124,000 |
| Preapproval Approved but not Accepted | 4 | $880,000 | $220,000 | $355,000 | $71,000 | $124,000 |
| Preapproval Denied by Financial Institution | 0 | $0 | $0 | $0 | $0 | $0 |
| 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 | 2,182 | $489,970,000 | $224,000 | $1,035,000 | $90,000 | $1,404,000 |
| Credit History | 11 | $2,355,000 | $214,000 | $305,000 | $62,000 | $134,000 |
| Other | 10 | $1,770,000 | $177,000 | $295,000 | $72,000 | $157,000 |
| Collateral | 8 | $1,410,000 | $176,000 | $475,000 | $77,000 | $185,000 |
| Debt-To-Income Ratio | 5 | $1,115,000 | $223,000 | $385,000 | $57,000 | $127,000 |
| Employment History | 4 | $950,000 | $237,000 | $365,000 | $97,000 | $218,000 |
| Insufficient Cash (Downpayment, Closing Cost) | 3 | $375,000 | $125,000 | $155,000 | $142,000 | $243,000 |
| Mortgage Insurance Denied | 0 | $0 | $0 | $0 | $0 | $0 |
| Credit Application Incomplete | 0 | $0 | $0 | $0 | $0 | $0 |
| Unverifiable Information | 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.